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Welcome! Here You Can Find Great Information on Ocean City, Sunset Island and Eastern Shore, Maryland Real Estate

Looking for homes? Search everything the web has to offer, right here! Don't miss our Feature Homes.

Need local real estate information? We've summarized much of what is important about the Ocean City, Sunset Island and Eastern Shore real estate market in this site.

Need expert advice? No web site, large or small, can take the place of a real estate agent. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job.

Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR real estate agents. As your trusted, professional real estate partners, we will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible.

Buying and selling a home is one of the biggest events in your life. we have the experience and track record you are looking for.

- Tracey Espada, Broker
CRS, GRI, ABR, ABR/M, RSPS, e-Pro

Sunset Island Sales & Rentals LLC
23 Fountain Drive W Unit B
Ocean City, MD 21842
877-524-1245
EM: Tracey@MySISR.com

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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Q	What time of year is considered the busiest for homebuyers and sellers?
A	Real estate is a year-round business, but spring is still considered the best time of year to showcase a home.
See More Real Estate Trivia >

Tracey Espada, REALTOR®, real estate agent and broker for Ocean City, Sunset Island and Eastern Shore, Maryland home listings, property and land for sale - NUMBER1EXPERT

Tracey Espada
Sunset Island Sales & Rentals, LLC
23 Fountain Dr. West Until B
Ocean City, MD 21842
410-524-1245
Fax: 410-574-1368
traceyespada@NUMBER1EXPERT.com

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