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Professional and Considerate "The Doherty Team consists of top real estate professionals who worked with us every step of the way in the purchase of our home..." Mike and Wendy D. Read Quote > View All Quotes >
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Staying Connected
"The Doherty Team is quick to assist, enthusiastic, happy to help, knowledgeable, solution oriented, and friendly. They stay connected with everyone involved."
Fabi McGovern, Advanced Escrow
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Time to Move >Advantages of Buying Down
Your youngest child has just left home! Your present house now seems enormous. Your "empty nest" has prompted thoughts of selling your home and moving to a smaller, more manageable house.
Before you make a move, you should consult two important professionals--your real estate agent and your tax planner. A good real estate agent will be able to tell you the value of your current home and the availability of alternative houses in your preferred area.
Buying a smaller home or condo can have important advantages, such as lowering your property taxes, simplifying property maintenance, and generating cash which can be put into income-producing investments. You will also want to consider the tax laws which allow capital gain exclusions whether you "buy up" to a more expensive home or "buy down" to a less expensive one. If you are moving downtown from the suburbs in order to be close to cultural centers, theaters and restaurants, there may be "quality of life" issues, such as noise or parking. Your real estate agent and your tax planner can provide valuable information to assist you in making such decisions.
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| Q |
What island in the St. Lawrence River was given away on a television game show in 1964?
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| A |
Price is Right Island was given away by Bill Cullen on "The Price is Right." |
See More Real Estate Trivia > |
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Devin Doherty Doherty Real Estate Group 27101 Puerta Real #150 Mission Viejo CA, 92691 Toll Free: 866-338-4677 Fax: 877-338-4680 Email: Devin@DohertyRealEstateGroup.com
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