It's Not Only What You Sell It For . . . It's How Much You Keep!
October 1, 2007
 Sherrie Faber, RealtorOwner/Realtor of First California Realty is one of more than 16,000 real estate professionals in North America who have earned the SRESŪ designation by completing comprehensive courses in understanding the considerations, practical needs, and goals of real estate buyers and sellers aged 55 and older.
The SRESŪ designation is designed to help you save thousands of dollars when selling or buying property. The equity in your property may be the most valuable asset you possess. The team you create; legal, accounting, financial and real estate are most critical to develop a specific plan that will give you peace of mind. Security comes from being ready for any and all contingencies.
 Planning in real estate doesn't cost, it pays.
Americans are now living longer and enjoying a more active life at home and during travels abroad, which means a greater need for cash flow in later years, and that means including a real estate plan in addition to all other financial planning.
Information is power and consultations are free.
In real dollars your property is worth exactly what a buyer is willing to pay and what you are willing to accept at the time you decide to sell. Sherrie can provide current prices on properties similar to yours in this area that have recently sold.
Considerations for your planning process include:
- It's Not Only What You Sell It For: The profitable use of every dollar of your real estate equity;
- Reasons for selling: the stronger the reason, the more realistic the price and the more likely the sale;
- Tax-deferred sales, installment sales, trust deeds, 1031-Exchanges, Life Estates;
- Sales of second-home properties;
- 1997 federal tax exclusion;
- Capital gains tax.
What does this mean for you? Simply call to receive realistic guidelines as they pertain to your own unique circumstances!
Sherrie can provide you with all of the real estate knowledge and experience that she has gained through the years, a remarkable sensibility about the Southern Marin real estate market, and her knowledge from being a Senior Real Estate Specialist. |
