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Contact Information

Rick Snow
One Realty El Paso
601 Sunland Park Dr
El Paso, TX, 79912
Office: 915-613-1710
Cell: 915-329-5868
Fax: 915-613-1711
mwap@ricksnow.com
www.movewithapurpose.org
Should you put more or less down? | Print |

Should I put more or less down, if we can afford it?

Putting down as little as possible allows buyers to take full advantage of the tax benefits of home ownership, many experts say. Mortgage interest and property taxes are fully deductible from state and federal income taxes. Buyers using a small down payment also have a reserve for making unexpected improvements.
Other real estate experts, however, advise that it is more prudent to make a larger down payment and thereby reduce the amount of debt that must be financed.
Questions about West El Paso Texas Real Estate?

Ask us below or Call us Now at 915-613-1710
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Last Updated ( Wednesday, 30 July 2008 )
 
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