Do you have a friend or family member who is thinking about buying a
home, or refinancing their current home? I build my business by
referral, so if you know of someone who could use the expert advise of a
mortgage lender or finance officer, please forward this email to them,
or replay back with their contact information and I'll gently reach out
to them. If you have any questions about the mortgage and finance
industry, please don't hesitate to give me call. I'd be more than happy
to provide a FREE Consultation.
I wanted to talk to you today because it's tax season. For some people this means a nice refund, and for others it means an opportunity to pay up to Uncle Sam.
However, if you own a home, Uncle Sam can lessen the sting of taxes. Let me tell a story about how this works:
I had a client who just bought a house and took out a $400,000 dollar loan at 4.5% interest. He was also in a tax bracket of 35%, which a lot of you are probably in too. Well, this client of mine saved $6,300 just based on the interest from the loan.
This is something to consider as you're paying your taxes. Instead of paying a few grand in taxes, you can lessen your tax burden or actually pay nothing back. If you're getting a refund, you can exponentially grow that refund, too.
So, when you're weighing in on the decision of whether or not you should buy or sell, just remember that Uncle Sam loves you as long as you don't own a home.
However, if you're interested in buying a home, or are thinking about doing so in the near future, then please contact me and I can help you get situated and educated about buying one. Let me be your resource for San Diego real estate.
