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Current Selection: All Prices All Types All Locations New Selection Sorted By: Default New Sort
<Back to Page Previous Next Property 8 of 87 Selections
    COMMERCIAL SPACE $59,900 
Front View

Address:   143 Main    City/ST:   Cave Springs, AR   Zip Code:   72718  
Property Type:   Co-op   New or Resale:   Resale    Square Footage:   764  
MLS#   580542  

BUILDING COULD BE USED FOR OFFICE OR RETAIL. BUILDING DOES NEED SOME REPAIRS BUT SELLER HAS PRICED ACCORDINGLY. EASY ACCESS TO BENTONVILLE AND CLOSE TO THE SOUTH ENTRANCE OF XNA

Last Updated: 8/13/2009 3:58:34 PM

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Real Estate Tips
First Time Buyers >The Down Payment

Perhaps no single decision in a real estate purchase has more variables than "How much money do I put down?" Conventional wisdom centers around either putting down as much as you can or as little as the lender allows.

If you put down a large payment, you get some leverage with the lender, such as little or no mortgage insurance, a good equity position, and perhaps a preferred mortgage deal. You will also have lower mortgage payments. One potential disadvantage of a large down payment is that you will be using after-tax dollars on which you could be earning interest. You will also have less tax-deductible interest.

When you buy a home with a low down payment, you will have more tax deductible interest, and your investment value percentage will increase faster. You will have little equity at the outset, and your monthly mortgage payments (and perhaps your interest) will be higher. However, you will also keep more of your own money in hand to potentially earn more interest in other investments.

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Real Estate Trivia
Q 
Where is the world's oldest hotel?

A 
The Hotel Ryokan in the village of Awazu, Japan dates back to AD 717, when an inn was built near a hot spring reported to have miraculous healing properties.
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Greg Hughes, REALTOR®, real estate agent and broker for Springdale, Fayetteville and Rogers, Arkansas home listings, property and land for sale

Greg Hughes
Exit Realty Premier

3880 Willowwood Suite A
Springdale, AR 72762
479-530-1727
Fax: 479-756-9835
greghughes@NUMBER1EXPERT.com


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