IN Fox Chapel Area Summer 2018 | Page 66

REAL ESTATE SPECIAL SECTION conventional mortgage loan). You may not need the typical 20 percent down that was required of homebuyers a few decades ago. If your debt-to-income ratio is high, you may not have to worry. Mortgage companies are making it easier for borrowers with more debt to still qualify. 612 Whispering Pines $965,000 - Fox Chapel 2. Mortgage rates and tax limits. Unfortunately, not all news is good news for first-time buyers. Mortgage rates are predicted to continue to rise in 2018, expected to reach 5 percent toward the latter half of the year. In addition, new tax laws that went into effect at the beginning of the year have new limitations. Be sure to look into mortgage interest deduction and other tax deduction limits that may affect your taxes for 2018. 402A Emerson $365,000 - Aspinwall 3. Agent. Julie Wolff Rost Office #1 Top Producer www.julierost.com 336 Olde Chapel Trail $1,299,900 - Fox Chapel Office: (412)521-5500 x251 Cell Phone: (412)370-3711 Having a real estate agent in your corner for a first- time purchase is key. Agents will not only help you navigate the home-buying process, but can also be a valuable resource for an inside look at new homes that go on the market. This gives buyers the opportunity to view homes that may not have made it onto real estate websites for public viewing. 4. Location. DOWNTOWN CONDO BEDROOMS: 1 | BATHROOMS: 1 My commitment to serving others and work ethic, coupled with my genuine character sets me apart. I am an honest, determined and efficient gal who likes to get things done and knows what is needed to complete the task effectively. I love working with people but I love satisfying their needs even more! To learn more about this property please email or call me. I look forward to working with you! Contact me for more information! Rebecca Plaza-Ponte O: 412-963-6300 | C: 412-897-1402 [email protected] HowardHanna.com 64 724.942.0940 TO ADVERTISE ❘ icmags.com Your dream house may not be in your dream location, and your dream location may not have your dream house. Don’t get stuck in a rut if you’re not seeing everything you want in your price range. Typically, you’ll need to make some compromises with your first home. Keep a few non-negotiables in your back pocket, but otherwise be open to the idea of putting some of your own upgrades and changes into a home that may not have everything on your wish list.