If You Rent a Home for $1500/month for 30 Years w/ Only a 3.2% Rental Rate Increase... You will still die broke wheras if if you purchased a home now for 300k...and only realize a 1% appreciation on the property you will have 400K in your pocket as opposed to spending 900k in your lifetime in rent with a BIG FAT ZERO @ the end. Enjoy the video and demonstration on the power of owning below. Mike Mahoney Read more →

Michael Mahoney TheGreaterBostonVoice.com Good afternoon, this is Mike Mahoney real estate agent here in greater Boston just wanted to take a minute and reach out to all the folks who visit my website on a regular basis and explain all the great reasons why you should take and capitalize on the opportunity that currently exist for homeownership in Boston Please review the video down below and as always reach out to me if you have any questions give me a call at 617-980-9025. Thanks a lot... Read more →

Mike Mahoney Realtor with Keller Williams www.MMahoney.com Read By Blog @ http://www.TheGreaterBostonVoice.com There is Really No Better Time to Buy a Property Than Right Now Honestly, this will sound completely self serving as a real estate agent, but there really is no better time to buy a property than right now. The interest rates are the lowest the rates have been in history. Couple this with a depressed market, and you stand to do really well. This probably explains why the investment market is fairly strong. People are buying properties on sale. Now, you add in the low interest rates... Read more →

The Cost of Waiting for Prices to Fall. The Cost of Waiting for Prices to Fall Read more →

Pros and Cons of Buying a Condo in Boston Condominiums and townhouses offer an affordable option to single-family homes in many markets, and they’re ideal for those who appreciate a maintenance-free lifestyle. But before you buy, make sure you do your legwork. These are some of the important elements to consider: Storage. Outdoor space. Amenities. Maintenance. Security. Reserve funds and association fees. Resale. Condo rules. Neighbors. You’re much closer to your neighbors in a condo or town home. If possible, try to meet your closest prospective neighbors. Although you have a vote, the rules of the condo association can affect... Read more →

Tax Benefits of Homeownership The tax deductions you’re eligible to take for mortgage interest and property taxes greatly increase the financial benefits of homeownership. Here’s how it works. Assume: $9,877 = Mortgage interest paid (a loan of $150,000 for 30 years, at 7 percent, using year-five interest) $2,700 = Property taxes (at 1.5 percent on $180,000 assessed value) ______ $12,577 = Total deduction Then, multiply your total deduction by your tax rate. For example, at a 28 percent tax rate: 12,577 x 0.28 = $3,521.56 $3,521.56 = Amount you have lowered your federal income tax (at 28 percent tax rate)... Read more →

8 Tips to Guide for Your Home Search in Boston 1. Research before you look. Decide what features you most want to have in a home, what neighborhoods you prefer, and how much you'd be willing to spend each month for housing. 2. Be realistic. It's OK to be picky, but don't be unrealistic with your expectations. There's no such thing as a perfect home. Use your list of priorities as a guide to evaluate each property. Know your budget and if it calls for beer, don't shop for champagne. 3. Get your finances in order. Review your credit report... Read more →

Why You Should Become a First Time Homebuyer in Boston Mass 1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home. 2. Appreciation. Real estate has long-term, stable growth in value. While year-to-year fluctuations are normal, median existing-home sale prices have increased on average 6.5 percent each year from 1972 through 2005, and increased 88.5 percent over the last 10 years, according to the NATIONAL ASSOCIATION OF REALTORS®. In addition, the number of U.S. households is expected to... Read more →

How Big of a Mortgage Can I Afford? This is a question we get a lot simply due to all of the 1st time home buyers that we work with. Not only does owning a home give you a haven for yourself and your family, it also makes great financial sense because of the tax benefits — which you can’t take advantage of when paying rent. The following calculation assumes a 28 percent income tax bracket. If your bracket is higher, your savings will be, too. Based on your current rent, use this calculation to figure out how much mortgage... Read more →

Distressed Properties Ebook - "Opportunity is Knocking" is your guide to the ins and outs of finding a good deal in today's market. Get the Report Here Get the Foreclosure Deal List Here Read more →