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Real Estate Dictionary

Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

X, Y, Z

Zoning

e regulation by local government of the use and development of private land

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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Real Estate Tips

Investment Real Estate >The Right Time to Buy

Are you waiting for "just the right time" to get into the real estate market? The signs indicate that there is no time like the present. Interest rates are still comparatively low and buyers are shopping for new and second homes in great numbers.

Vacation homes are very popular for investment purposes and personal enjoyment. You can use your vacation home as a getaway property now, and by the time you retire you will have paid a significant amount on the loan. If you live in a vacation home for 14 days a year or less, you can take depreciation on it.

Another important benefit is that tax deductions in the form of interest and property taxes help to offset the cost of paying for a second home. If the debt does not exceed $1 million, mortgage interest payments on principal residences and second or vacation homes are fully deductible for tax purposes.

Don't waste valuable time while interest rates creep upwards -- all you need is the right real estate agent to guide you!

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Real Estate Trivia

Q	What are three of the best indicators of real estate market trends?
A	Existing home sales, new home building and mortgage interest rates.
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Karl Volkman, REALTORŽ, real estate agent and broker for Appleton, Neenah, Menasha and Greenville, Wisconsin home listings, property and land for sale - NUMBER1EXPERT

Karl Volkman
Coldwell Banker-The Real Estate Group, Inc.
1050 North Lynndale Drive
Appleton, WI 54914
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