Powhatan and Western Richmond real estate and homes for sale in Virginia - Lummie W. Jones, REALTOR® Lummie W. Jones REALTOR(r) for Powhatan and Western Richmond, Virginia real estate - NUMBER1EXPERT™ Lummie W. Jones NUMBER1EXPERT(tm) for Powhatan and Western Richmond, Virginia real estate

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Lummie W. Jones, REALTOR®, real estate agent and broker for Powhatan and Western Richmond Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)
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From My Affiliates: Powhatan and Western Richmond Virginia home buying, real estate listings, and homes for sale in Powhatan                       County, VA
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Real Estate Tips
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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Real Estate Trivia
Q 
What is the earliest residential building that remains in Manhattan?

A 
Fraunces Tavern, built in 1719, is where George Washington delivered his Farewell Address to his officers in 1783.
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Lummie W. Jones, REALTOR®, real estate agent and broker for Powhatan and Western Richmond Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Lummie W. Jones
Napier Realtors ERA

2600 Rocky Oak Road
Powhatan, VA. 23139
804-598-7700
800-326-0869
804-897-3001
Fax: 804-598-7703
Email: lummiejones@NUMBER1EXPERT.com

Lummie Jones "Outstanding In Her Field" NUMBER1EXPERT™ Lummie Jones has been helping families like yours find their dream homes in Powhatan and the surrounding areas since 1983. Lummie's dedication to her career and service to her clients is why Lummie is "Outstanding In Her Field" by her clients and customers. Her active involvement in her community, the Richmond Board of Realtors and the Homebuilders Association of Richmond keeps her up to date on important issues impacting today's buyers and sellers. Lummie knows knowledge about her business is powerful and is one of the ways to assure you exceptional service. "I love to showcase my home Powhatan, and the Richmond area. This area is such a great place to live, and by working with new buyers and sellers one of the nicest things about my job is I haven't met my next friend yet," says Lummie. Lummie is truly a professional who looks forward to the opportunity to serve her clients and customers.


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