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"honest and extremely knowledgeable"
"My husband and I hired Lisa to find our dream house and we could not have been more impressed with her and the service she provided us. Lisa really listened to us and understood what we were looking for in a home. Besides Lisa's wonderful personality, she was honest and extremely knowledgeable about every aspect of the real estate market. She was professional and her close attention to detail allowed us to have a completely stress free buying experience. We had specific characteristics we were looking for in our ideal property and Lisa found us our dream home within two months. Of course of dream house had multiple offers and because Lisa was our agent, she was able to negotiate and close the perfect deal for us. I have used other agents in the past, but Lisa is the only agent I will use in the future. "
Kelly M and Per C
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First Time Buyers >The Real Bottom Line
An important part of buying a house is sitting down with your real estate agent or a mortgage lender to get a clear idea of how much you can afford. They will add up all of your monthly expenses, the mortgage payment, insurance, real estate taxes, homeowners or condo association fees--and the grand total can throw you into shock!
The important thing to remember is that the grand total isn't really the bottom line. When you add your tax savings to the equation, you may be pleasantly surprised. During the early years of your loan, almost all of the mortgage can be deducted from your state and federal income tax. The same is true of your real estate taxes. If you use part of your house as a home office, you may be able to qualify for additional tax savings. In some areas, homes with ground floor apartments are popular for offsetting part of the mortgage and offering even more tax savings.
When you make calculations about the monthly costs that include the tax savings, you may find that owning your own home is less expensive than renting a house or apartment of comparable size.
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| Q |
Upon completion this year, what will be the tallest residential building south of New York and east of Chicago?
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| A |
Located in Biscayne Bay, Florida, the $120 million, 51-floor luxury condominium will be called The Santa Maria. |
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