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November 2003

Risa's Pieces


Volume 6 Issue 11
Cut Your Tax Bill When Selling Your Home

Questions I Am Often Asked

If you have owned and occupied your home as your principal residence for two out of the past five years, you’re eligible for the exclusion of capital gain on its sale (up to $250,000 on an individual return and $500,000 on a joint return). The savings are substantial: At the top 20 percent tax rate on long-term capital gains, the exclusion lets an individual seller keep up to $50,000 more of the proceeds, and for a married couple filing a joint return, the cash benefit can amount to $100,000

Make Finding a Home Exciting for Your Kids

When you look for a home on the Internet, let your kids participate in virtual tours of properties you’re interested in. Involving your children in the process of finding the home will take away some of their anxieties about moving and give them valuable experience when they buy their first home.

Visit orlandohomestore.com to find homes and view virtual tours

Click OrlandoHomeStore For my current listings, then call me at 407-699-4901 for more information on your favorite properties.

FREE programs from me to you, including "How To Buy A Home" booklet

Click here for Local Coupons Page



Happy Thanksgiving

From our home to yours…

Thanksgiving is a time to offer thanks, of family gatherings and holiday meals. A time of turkeys, stuffing and pumpkin pie. A time for Indian corn and holiday parades with giant balloons. Thanksgiving is a time to reflect and give thanks to our customers and friends for trusting us with your business during this holiday season. I want to say “THANK YOU” to all my family, friends and customers for your referrals and so many kind words.

Sincerely,

Risa Saltman and Family


This months joke:

Question: What kind of music did Pilgrim bands play?

Answer: Plymouth Rock 'n' roll!


Click here for Instant Recognition

Question: What are the Signs of an Overpriced House

If you see any of these items, bargain hard for the right price. You may run into a seller who won’t budge, but chances are you may get a lower price.

*On the market more than four months – If no buyers are interested, something is wrong or the house costs too much.

*Series of cost reductions – This indicated that the seller has already faced cutting the price, and may be willing to go lower.

*Your comparative market analysis doesn’t match the sales price – The last thing you want to do is pay more than your neighbor for the same amount of house.
Have questions? email Risa at questions@risa.net or call her at 1-800-699-4901

November favorite links:

November Holidays

History of Thanksgiving

Bizarre Nov Holidays

Realty Times

Nov events in Orlando

Holiday/Vaction Homes

November Cybertips

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