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Posts made in February, 2016


  • Don’t Pay Off Your Mortgage!

    February 26, 2016 /
    Pickett Street Properties Team /

    At least, don’t pay it off quite yet. If you’re an average, hard-working adult with a family and a home to call your own, then chances are you’re probably trying to pay off your mortgage as quickly as possible. This strategy seems pretty sound at first; after all, won’t you save money in the long run by paying off your mortgage ASAP? Surprisingly, in many cases paying off your mortgage quickly won’t save you money at all; indeed, rushing through a mortgage could actually be costing you money in the long run. While you’ll want to pay your mortgage off eventually, it is generally more beneficial to take your time and invest your hard-earned money in other ventures. If this idea seems counterintuitive to you, never fear! Below, you’ll find a few of the main arguments for taking your mortgage payments nice and slow. Your mortgage's interest is tax-deductible. While many people regard paying interest with dread, remember that paying interest on a mortgage will actually reduce the amount of money you need to pay for taxes each year. For instance, say you’re in the 35% tax bracket. Since your interest payments on your mortgage are tax deductible, you’re actually saving…Read more

  • Neighborhood Profile: Juanita

    February 5, 2016 /
    Pickett Street Properties Team /

    How would you like to live in one of the top five neighborhoods in the country? Like most people, your answer is probably a resounding “Yes!” (give or take a few enthusiastic exclamation points). In 2014, Money Magazine named Kirkland the fifth best place to live, calling it a bustling “hotspot” full of good jobs, schools, and neighbors. Rest assured that nothing has changed since 2014. As such, Kirkland’s many neighborhoods are prime real estate, and you deserve to know all the wonderful facts about living in each and every one of them. That’s where the neighborhood of Juanita comes in. The neighborhood of Juanita is situated in northern Kirkland.  Bordered by Lake Washington, I-405, Finn Hill, Bothell, and Forbes Creek, Juanita serves as a bedroom community for Seattle and other cities on the eastern shore of the Puget Sound, such as Bellevue and Redmond. Juanita is a small neighborhood with a population of about 13,000 people, most of whom enjoy a commute time of about 25 minutes each way. While most commuters drive their own vehicles on I-405, many others take advantage of the area’s ride-sharing culture by utilizing its many park-n-rides. Juanita’s prime location and amenities make it…Read more