Listing Details: Chester, Long Valley, Mendham and Washington Township, New Jersey Real Estate Listings & Homes For Sale Provided by Diane Rapel-Zierak

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Investment Real Estate >Retirement and the Second Home

Buying a second home as rental property makes a great centerpiece to your retirement plan. It forces you to make regular savings in the form of mortgage payments that become your equity.

You only need cash for the down payment, and you should make sure that your monthly rental payments will cover the mortgage and any additional expenses. This is a real possibility if you buy the right house at the right price because a good single-family house should always stay rented. Your investment money is subject to less income tax, and the interest and property taxes may be deductible.

Housing has appreciated in value all over the country in recent years, making a second home an important hedge against inflation. Most experts predict that interest rates for fixed-rate and adjustable mortgages should remain in single digits for the foreseeable future, so it should be easy to acquire financing with a small down payment.

Call an agent with your real estate questions. They have helped hundreds of people to sell their homes and properties--and to purchase the home of their dreams.

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Q	What weighs 320 tons and is considered the largest single block building?
A	Pyramid of Mycerinus (Third Pyramid) at El Gizeh, Egypt is the largest single block building and the world's oldest pyramid.
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Diane Rapel-Zierak, REALTOR�, real estate agent and broker for Chester, Long Valley, Mendham and Washington Township, New Jersey home listings, property and land for sale - NUMBER1EXPERT

Diane Rapel-Zierak
Weichert Realtors
1242 Main Street
Chester, NJ 07930
973-214-4047
Fax: 908-684-1761
dianerapelzierak@NUMBER1EXPERT.com

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