Reasons To Buy
There is much conversation these days about whether this is the proper time to be buying property. I, for one, think that this is one of those rare opportunities for the motivated buyer. That is one of the reasons we chose this time to place one of the most outstanding pieces of property on Great Island on the market. Whether our home interests you for your principal residence, as a vacation home or even for investment purposes, this property represents a unique opportunity.
Premium properties, like this, historically do not diminish in value. If you are interested in a home that will continue to increase in value, now is surely the time to buy. Properties along the water in the Northeast have not been plagued with the high diminishing values as we have seen in certain other regions.
The summer season is fast approaching and you will want to be able to occupy this home to take advantage of the wonderful warm weather and cool ocean breezes. Boating, swimming and pure relaxation are all around you on the Great Island.
If you are considering this as investment (rental) property, it will bring very high weekly, monthly or even seasonal rentals to partially or fully offset your costs of ownership.
Mortgage rates are at or near a ten year low; now is the time to secure your mortgage as it appears that rates will not decrease much more, if at all.
Real Estate continues to offer tax advantages that appear to carry on and as our financial advisor says, “Let the government help pay for your investment. Whether you will use the home as a principal residence or a vacation home, the current tax laws continue to allow deductions on either. If you are considering this property as an investment, there may be additional tax advantages available to you. Of course, you need to consult your tax professional for your specific circumstances and tax savings.
My family has lived on or near Great Island for almost sixty two years and as you can imagine it has taken a great deal of soul searching before coming to the decision to sell our property. Perhaps our decision will create an opportunity for someone else to have at least as many years of happiness and contentment as my wife and I have had on Great Island.
Enjoy the web site and all the photos and info and keep one thing in mind, Like Anita Maria and Dave say, “Great Island is the coolest place to live”.
