GreatCottage.com
Real Estate | Michigan | Lakefront | Irish Hills | Hillsdale | Jackson | Coldwater | Lenawee
Real Estate | Michigan | Lakefront | Irish Hills | Hillsdale | Jackson | Coldwater | Lenawee
Frequently Asked Questions
Below you will find a few commonly asked questions. If you have a question that is not this list, feel free to contact me here!
Q: How do interest rates and taxes affect me as a buyer?
A: Interest rates are at all time lows and basically, most or all of your mortgage payments, tax and insurance payments will be returned to you upon sale at a later date. In addition, most taxpayers will experience a significant tax savings during ownership.
Q: How has the economy affected value of cottages in these areas over the last couple of years?
A: My wife, my son and myself very much believe in the cottage concept. We purchased our cottage in 1997. Recently, we had a competitive market analysis (CMA) preformed. It appears that our cottage has appreciated 60% in 11 years.