Archives: August 2022

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Surviving Spouse Sale Period

Married couples who own a home as joint tenants with rights of survivorship, the surviving spouse inherits the home, along with their basis, and it does not trigger a taxable event. Unfortunately, the capital gain exclusion is reduced to a single person’s share unless the survivor disposes of the property in the granted time. Married […]

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This Is The Key To Your Dream Home

Key Takeaways: Understanding why a property organizer is your secret weapon Learning how to use a property organizer Discovering how property organizers will benefit you Why Use a Property Organizer Have you ever been overwhelmed in the buying and selling process? With so many options out there and the market constantly changing, it can be […]

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Are prices and rates going to continue to rise?

One of the most talked about questions in the real estate market has to do with "Will prices continue to rise now that interest rates have increased dramatically this year?" It is understandable to think that if the Federal Reserve is using interest rate increases to slow consumer demand, that it would also slow homebuyer […]

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Indecision Can Be Expensive

With all that is going on in the world, a global pandemic, supply chain issues, highest inflation in 40 years, the economic effects of a war in Ukraine, it can be overwhelming to think about when the right time is to buy a home. On a local level, there is a pent-up demand for homes […]

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Good Records Can Reduce Capital Gains

Regardless of whether you’re entitled to $250,000 or $500,000 of exclusion when you sell your home, prices have gone up so much in the past two years, you may be approaching the limit where you might have to pay tax on the excess when you sell. Any improvements you have made to the home during […]

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Moving Down in an Up Market

Selling and buying a lower priced home in an "Up" market can be to your advantage. The advantage is to maximize the sales price on your existing home and replace it with a less expensive one. Moving down in an "up" market may be to your advantage in multiple ways. It is possible that your […]

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Why You Need a Real Estate Agent in This Shifting Market

Key Takeaways: Understanding the ebbs and flows of the market is crucial to success A real estate agent is on your side and knows your local market best  Start planning your next move now – contact us! What to Do When the Market Changes Buying or selling a home is one of the most exciting […]