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Time to Move >A Well Schooled Decision
The quality of a school district is an important determinant of the market value of a house. For homebuyers with children, the quality and reputation of the local school system may be as critical to their decision as the appeal of the home.
The desire to give their children a quality education usually causes parents who are in the market for a home to ask questions about the local school district. What is the annual expenditure per pupil and the average class size? How do the district's standardized test scores compare with the national mean? Are special education programs available? What percentage of high school graduates go on to college? What is the physical condition of the schools and the district's record in handling school bond proposals? Parents may also want to know the school board's educational philosophy.
A professional real estate agent has the experience and knowledge to help you choose the right community and schools for your family.
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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. |
 See More Real Estate Trivia > |
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