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RoKa Property
Rain Residential
Office: (850)830.4830
Cell: (850)699.4290

Local Happenings

Join us at the Keesler Air Show!  MS Select Realty is one of the proud sponsors of the Keesler Air Show. 

KEESLER AFB, MISS.
 -- 'Thunder on the Bay,' the base's first air show since April 2004 comes to Keesler April 4-5, 2009.
 
"We are excited to be hosting the first air show at Keesler Air Force Base in five years," said Brig. Gen. Greg Touhill, 81st Training Wing commander. "We have organized a dedicated air show committee who are working diligently to solidify two days of amazing aerial acrobatics as well as impressive static display aircraft."

buying homes for cash | Print |

What about an all-cash offer for your Ocean Springs, Mississippi Home?

Although most Ocean Springs, Mississippi home buyers could never buy a property with all cash, anyone considering such a move (or who has bought a lottery ticket lately) may be wondering how to approach such a deal.
Because Ocean Springs, Mississippi buyers sidestep the tedious and time-consuming loan qualification process, the deal can close very quickly. In addition to fewer hassles and a better position in price negotiations, the all-cash buyer's primary advantage is completely avoiding mortgage interest, which can total hundreds of thousands of dollars over the life of the loan.

Buyers also save money that would be spent on loan origination fees, required appraisal, some closing costs and various other charges imposed by the lender.
At the same time, all-cash buyers should consider potential pitfalls of the transaction. Ocean Springs, Mississippi Buyers who want to use the home as their primary residence lose out on many of the tax advantages available to homeowners with conventional loans, since the IRS allows home owners to deduct all mortgage interest on loans up to $1 million.
If you can afford to pay cash but are concerned about price appreciation, you may be better off obtaining some financing. Also, look at other which investments are paying off and determine if spending cash on a home is worthwhile.

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Last Updated ( Wednesday, 30 July 2008 )
 
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