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Prestigious and Elegant..... Santa Fe Historic Eastside living, private and secluded, yet just steps from galleries, restaurants , museums and the Plaza! For more information click here >

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Sold - A Home that Defines Elegance

$1,495,000

Photo of 2160 Paseo Iglesias, Santa Fe, NM, 87501.

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Address: 2160 Paseo Iglesias	City/ST: Santa Fe, NM	Zip Code: 87501
Location: 2160 Paseo Iglesias	Property Type: 2160 Paseo Iglesias	New or Resale: New
Square Footage: 5630	Bedrooms: 4	Bathrooms: 2 full, 2 half
MLS# 801881

Last Updated: 1/27/2009 12:22:54 AM

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First Time Buyers >The Real Bottom Line

An important part of buying a house is sitting down with your real estate agent or a mortgage lender to get a clear idea of how much you can afford. They will add up all of your monthly expenses, the mortgage payment, insurance, real estate taxes, homeowners or condo association fees--and the grand total can throw you into shock!

The important thing to remember is that the grand total isn't really the bottom line. When you add your tax savings to the equation, you may be pleasantly surprised. During the early years of your loan, almost all of the mortgage can be deducted from your state and federal income tax. The same is true of your real estate taxes. If you use part of your house as a home office, you may be able to qualify for additional tax savings. In some areas, homes with ground floor apartments are popular for offsetting part of the mortgage and offering even more tax savings.

When you make calculations about the monthly costs that include the tax savings, you may find that owning your own home is less expensive than renting a house or apartment of comparable size.

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Q	What are considered the ideal conditions for a seller's market?
A	In a seller's market, prices are firm and good houses are sold before advertised or as soon as they show up in the MLS.
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Karen Wolfe-Mattison, REALTOR�, real estate agent and broker for Santa Fe, Tesuque and Las Campanas, New Mexico home listings, property and land for sale

Karen Wolfe-Mattison
Sotheby's International
231 Washington Ave.
Santa Fe, NM. 87501
Karen, cell: 505-577-2245
Fax: 505-212-0149
Email: santafetoprealtors@BestImageAgent.com
I pride myself on my "can do" positive attitude, enthusiasm, creativity and sense of humor to keep things in perspective. Karen, in her 19th year as a real estate specialist offers her expertise and formidable negotiation skills in assisting buyers in search of their Santa Fe dream home. Karen has been a sales leader on the historic Eastside. As one of America's NUMBER1EXPERTS� in the Santa Fe City area, Karen is well equipped to guide you through all your real estate needs. Call or email her today!


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