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About Allen - Moving to Allen, Texas? Get info here... About Plano - Moving to Plano, Texas? Get info here... About Wylie - Moving to Wylie, Texas? Get info here... School Reports - Reports for Allen, Plano and Wylie schools kindergarten, elementary, and high schools. Relocating? - Free real estate information & relocation package if you're relocating to Allen, Plano and Wylie, in Collin County TX. Go to Main Sitemap - Main sitemap sections include Find Allen, Plano and Wylie Homes, For Home Buyers, For Home Sellers, Allen, Plano and Wylie Information, Real Estate Resources, and About The Pescatore Avrit Team.
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 In the history of the real estate industry, there has been a single approach to working with a real estate agent. If you wanted to purchase a home, an agent showed you properties on behalf of the sellers of those homes. As a buyer, you were not represented by anyone other than yourself. Negotiation over price and terms were entirely your responsibility.
Now there is another way to handle buying property. With buyer agency, your real estate sales associate acts on your behalf in all negotiations. That agent is committed to being your advocate in finding and purchasing your next home, and at no cost to you.
In many cities across the United States, buyer agency is used in the majority of home purchases. With buyer agency, all fiduciary duties are owed to the buyer, not to the seller. The buyer has the freedom to discuss personal finances, negotiating strategies and the value of properties with their buyer agent. The buyer can ask for the opinion of the buyer agent regarding the condition of the property, the effect of improvements, the seller's motivation for selling and a variety of other information thar the seller's agent cannot provide.
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| Q |
What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?
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| A |
One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million. |
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