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Flyer for the 175 N Harbor

February 22nd, 2009 · No Comments · webfrost

Buy your dream home at
The Park Shore Condominiums
Dear North Harbor Tower Resident,
Our family lived in North Harbor tower for two years before buying a condominium next door in
The Park Shore Condominiums.  We made this choice because we love the neighborhood, living
downtown, and being steps from EVERYTHING.  We plan to stay for a long time!  If you feel the
same about living in such a great area of Chicago, consider these benefits to buying a condo at
the Park Shore:
1)  First time home buyers recieve up to an $8000 tax incentive from the government.  You DO
NOT have to pay this money back!  Imagine what your tax return would look like with an extra
$8000 coming your way.
2)  Your rent is simply cash out of your pocket.  When you own, you are paying mortgage interest,
and also real estate taxes.  Both of these out of pocket expenses are tax deductable.  This means
that every April, you get to add a percentage of your monthly mortgage payments as a deduc-
tion.  More money in your pocket again!
3)  There is no better time to buy, and YOU KNOW IT!  Home prices are low, and the easiest way to
gain EQUITY in your home is to buy low and sell high.
Here is an example of monthly renting expense v. monthly buying expense:
1 Bedroom
Rent @ North
Harbor Tower
Mortgage @
Park Shore
1600 928
Assessments @
Park Shore
Monthly Taxes
*Savings based on estimated monthly expenses only and do not include tax benefits earned yearly.  Mortgage payments based on $168K
first lien loan at 5.25% with 30 year amortization.

If you have any questions, please do not hesitate
to contact me, Kristine Frost.  I am your neigh-
borhood agent, your neighbor, and your friend.  I
would be happy to help you with all your needs.

Kristine Frost
Sales Agent
American Invsco Inc.

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