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All agents are NOT alike! Find out why we are top real estate experts. Call us: 954-237-0600.
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Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate!
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Buying Your First Home? REALTORS® Are Your Professional Guides. Make Sure You Choose Top Experts. You may be a bit afraid or intimidated by the daunting process of buying your first home. As top Miramar, Pembroke Pines and Weston real estate experts, it's our job to guide you from beginning to end.
We will take the time to go through each and every step of the buying process with you. Remember, there are NO dumb questions!
Together, we will consider:
* How much can you really afford?
* What monthly payment will be comfortable for you?
* What steps do you need to take to qualify for a mortgage?
* How much cash should you put down?
* What financing options are available to you with putting little or nothing down?
* What are the tax advantages of buying?
* Is renting or buying better for you at this time?
* Can a windstorm inspection help save you money on home insurance? Click here to find out more about windstorm inspections.
New to the home buying process? Tell us your concerns. Ask us questions. It's our job to help! There's no obligation, and we promise to get back to you quickly... 
Tax Considerations >Taxpayer Relief
Legislation included in the 1997 federal budget made significant changes that improve a homeowner's ability to profit from the sale of real estate.
The capital gains tax exclusions on the sale of a principal residence is just one of several benefits for homeowners. When you sell a home you have owned and use for two of the five years prior to the sale, married couples are allowed to keep up to $500,000 in tax-free profits and taxpayers filing as singles can keep up to $250,000 before paying capital gains tax.
Long-term capital gain is also taxed at lower rates as a result of the Jobs and Growth Tax Relief Reconciliation Act passed in 2003. The maximum capital gains tax rates dropped from 20% to 15% and from 10% to 5%, effective for sales and exchanges taking place on or after May 6, 2003 and through December 31, 2007. In 2008 the 15% rate continues for higher income taxpayers, while the 5% rate for lower income taxpayers drops to 0%, but only for the 2008 tax year. On January 1, 2009, the 10% and 20% rates will be reinstated.
Consult your tax advisor for advice regarding your particular circumstance.
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| Q |
In which 'Oil Sheikdom' of the Far East do the wealthy still choose to live in primitive houses on stilts?
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| A |
Brunei's oil wealth results in no income tax, free education and health services, and cheap housing loans for its average citizen. |
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