Andre Jordan, Crown Real Estate & Mortgage

Let's talk real estate! Hope to see you there.

Greetings all and Happy Monday! I would like to invite you to our upcoming Homeownership workshop. Come join in on the discussion as we share some critical information an insights regarding homeownership. Thanks in advance for your time and consideration!... #TeamJordan #CrownRealEstateAndMortgage #Realtor #ServiceThatMovesYou #BuyersSellersAndInvestors

Tuesday's Tip with Real Estate Agent, Andre Jordan I remember buying my first home. There were so many emotions, so many boxes, so much to do, and so much pape...rwork. This pictogram provides a great visual step-by-step process of the home-buying journey. If you are looking to purchase your first home and would like to talk in detail about your journey, contact me at 617-905-3530.

Tuesday’s Tip Rewind

Tuesday’s Tip with Real Estate Agent Andre Jordan

Let's talk real estate! Hope to see you there.

Let's talk real estate! Hope to see you there.

Greetings all and Happy Monday! I would like to invite you to our upcoming Homeownership workshop. Come join in on the discussion as we share some critical information an insights regarding homeownership. Thanks in advance for your time and consideration!... #TeamJordan #CrownRealEstateAndMortgage #Realtor #ServiceThatMovesYou #BuyersSellersAndInvestors

Homes are still selling. If you are interested in learning more about buying or selling your home...Andre Jordan @ 617-905-3530. https://sacramento.cbslocal.com//houses-selling-in-sacram/

If your renting and ready to buy, I’d love to help you get into your dream home! https://www.google.com//real-estate-/article240533951.html

This weather is perfect for househunting are you ready?! If you’re ready I’m ready! Let’s go! 617-905-3530

Tuesday's Tip with Real Estate Agent, Andre Jordan I remember buying my first home. There were so many emotions, so many boxes, so much to do, and so much pape...rwork. This pictogram provides a great visual step-by-step process of the home-buying journey. If you are looking to purchase your first home and would like to talk in detail about your journey, contact me at 617-905-3530.

List the top three things your dream house includes...Go!

Tuesday’s Tip with Real Estate Agent Andre Jordan Did you know you could use your 401k to purchase a home? Withdrawal... The IRS allows plan sponsors to provide for hardship withdrawals for immediate and heavy cash needs, including the purchase of a first home. In this case, you may be able to avoid the 10 percent penalty on your 401(k) withdrawal. However, the exception does not normally apply directly to investment property. You could purchase a home, live in it for a couple of years, and then turn it into a rental property. You still need to deal with the income taxes, however, regardless of the 10 percent penalty. Loan You may be able to borrow money from your 401(k) to buy a home or jump-start your investment in real estate. Not every plan allows loans, but if your employer’s plan allows it, you can take a loan from your 401(k) plan, invest it in real estate and take up to five years to pay the loan back with interest. This will allow you to take the cash while still deferring income tax and avoiding early withdrawal penalties. Moreover, there’s no $10,000 limit meaning you can take your entire down payment from your 401(k). You do need to repay the loan. For most loans, a five-year period is common, though many plans authorize longer repayment periods of 10 to 15 years for home purchases. In theory, the interest isn’t a big deal because you’re just transferring money from one pocket to the other. In practice, though, you are repaying pre-tax dollars with after-tax dollars. So you may have to earn as much as $1.25 or more to pay yourself back a dollar. What’s more, in the event you lose your job, you will only have 60 days to repay the loan. Otherwise, you’ll get tagged with income taxes and penalties on the whole balance outstanding. This can be a problem if you have invested the whole thing in a relatively illiquid asset such as real estate. If you would like to discuss purchasing real estate property, contact me at 617-905-3546. https://www.realestate.com//401k-loan-for-investment-prope

Are you getting your house in order?

I am looking forward to hosting my 1st series of homebuyer AND sellers workshops starting January 2019! #TeamJordan #CrownRealEstateAndMortgage #Realtor ... #HoldTheKeysToYourFuture See more

Tuesday’s Tip Rewind

Tuesday’s Tip with Real Estate Agent Andre Jordan