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Followed Lisa's Advice
"I interviewed 3 top agents when I decided to put my home on the market. One of the reasons I chose Lisa was because during her presentation she offered me some great suggestions on how to stage my house for showings. None of the other agents did this. This was the beginning of the excellent advice Lisa provided to me while my home was on the market during the recent downturn. Lisa guided me through this difficult time including educating me on the realities of the downturn on Frederick home sale prices and what that meant in terms of pricing my home. I followed Lisa*s advice even though it meant reducing my price by $50K over a 3-4 month period. In the end, my home was one of the few that sold in Urbana during the summer of 2007 and before the market softened even further. I would highly recommend Lisa to other prospective sellers."
Margie Kappel
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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 is the world's most expensive Monopoly set?
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| A |
San Francisco jeweler Sidney Mobell created an exclusive $2 million Monopoly set, with solid 23 carat gold houses, chimneys made of rubies and sapphires and dice with 42 full cut diamonds for spots. |
 See More Real Estate Trivia > |
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