Traverse City, Leland, Suttons Bay and Elk Rapids real estate and homes for sale in Michigan - Ted Lockwood, REALTOR® Ted Lockwood REALTOR(r) for Traverse City, Leland, Suttons Bay and Elk Rapids real estate, Michigan real estate - NUMBER1EXPERT™ Ted Lockwood NUMBER1EXPERT(tm) for Traverse City, Leland, Suttons Bay and Elk Rapids homes, Michigan real estate
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Ted Lockwood, REALTORŪ, real estate agent and broker for Traverse City, Leland, Suttons Bay and Elk Rapids Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 231-218-5186.







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About Me: Traverse City, Leland, Suttons Bay and Elk Rapids Michigan home buying, real estate listings, and homes for sale in Grand Traverse                 County, MI
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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 real estate term was first used in the 19th century and means "a high-flying flag on a ship"?

A 
Skyscraper was first used in the 1880s when office buildings of 10 stories or more were built in Chicago and New York.
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Ted Lockwood, REALTORŪ, real estate agent and broker for Traverse City, Leland, Suttons Bay and Elk Rapids Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Ted Lockwood
RE/MAX Bayshore Properties, Ltd.

500 South Union Street
Traverse City
MI 49684
231-941-4500
231-218-5186
Fax: 231-941-4595
Email: ted@teddylockwood.com

Ted Lockwood is a lifetime resident of the Grand Traverse area. He knows the area, and he knows real estate. He is easily accessible, just call or email!


RE/MAX Bayshore Properties, Ltd. real estate and homes for sale in Traverse City, Leland, Suttons Bay and Elk Rapids Michigan

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