Your primary home can be a value-adding, lifelong investment that provides more than the annual tax advantage. An added plus, when you sell your property you won’t be required to pay capital gains taxes. Home owners who have enjoyed an increase in property value, may consider purchasing additional real estate. Buyers may seek to purchase for a variety of reasons. Some may wish to secure an additional home for future retirement or a vacation dwelling. Others are looking to gain income through rental property or buying and selling.
A vacation home is a luxury that can be used for recreation, a retirement dwelling, an asset to earn income or to sell when you retire. Like your main home, there is a tax benefit. However, a substantial down payment is required along with a superior credit rating and a large enough income to cover multiple mortgage payments.
If you choose to buy properties for investment purposes, you should work with a highly experienced realtor. American Property Buyers network and partner with investors from our database to help sell properties. Our skilled team invests in property and stays updated on current conditions in your real estate market. Some buyers buy run down homes, do the repair work themselves and post the home for sale in a very short time span (house flipping).
This works best and is most cost effective if the buyer is capable of doing most of the work without having to hire outside contractors. A good number of investors choose to rent their home. This is a full-time commitment and can potentially be a costly one. The owner is responsible for all necessary maintenance and for repairing any problems that may arise. American Home Buyers can assist with the whole process including access to investors, tax advisors and respected local contractors.
"I was very pleased with American Property Buyers, it was a very delightful experience and I will refer them to others"
"Leah was helpful, informative, and honest in our dealings with her. Her follow-up was timely and she helped ensure the deal went smoothly. I look forward to working with her in the future."
"I recently had the opportunity to work with Leah on the acquisition of the above-referenced property. I have purchased several properties this year, and hands down this transaction was the easiest. Leah was very professional and responsive in dealing with questions and issues. I strongly recommend using Leah as an agent for potential buyers and sellers and look forward to working with her again on future real estate transactions."
My experience with Leah Dinsmore and American Property Buyers was excellent! American Property Buyers is a well-rounded, proficient group that displays teamwork. I would definitely recommend American Property Buyers to anyone in real estate.