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All agents are NOT alike! Find out why we are top real estate experts. Call us: 530-896-9345.
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Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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"Our goal at TEAM M.C. REAL ESTATE is to provide you with exceptional real estate services. We are 100% committed to serving your needs both professionally and personally and hope that you are so impressed with our service that you refer us to family and friends. TEAM M.C. REAL ESTATE has been a residential real estate sales leader in the Chico area since 1990. We've served nearly 800 clients and on average sell a house every 8 days. We're proud of our accomplishments but more proud of the way in which we serve our clients. If you're looking to buy or sell real estate in the Chico area and would like more information about our Premium Services please give us a call. We are currently accepting new clients. Thanks in advance for the opportunity to serve you. We consider it a privilege." It's a good life, TEAM M.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 |
During what great land boom (1919) did investors pay up to $25,000 for lots that had not yet been dredged up from the ocean?
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| A |
The Florida Land Boom--Carl Fisher founded Miami Beach that year and brought hundreds of investors to the state. |
See More Real Estate Trivia > |
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