Blogs

Selling Your Home? How a Sale Can Impact Your Taxes

Generally, any profits you earn are taxable. However, when you sell your home you may not have to pay taxes on the money you gain . . . it all depends on whether you fall within the qualifying guidelines. 

Here are 10 items to consider when selling your home:

1. You May Qualify for an Exclusion of Gain.  You may be able to exclude part or all of the gain from the sale of your home. This rule may apply if you meet the eligibility test. Parts of the test involve your ownership and use of the home. You must have owned and used it as your main/primary home for at least two out of the five years before the date of sale.

Check Out The New Century 21 Commercial "Not an App"!

Happy New Year!  We're pleased to share our first (of four!) new commercials of 2017, appropriately entitled “Not an App.”  We're debuting this commercial on the national stage this Sunday, January 8th during the 74th Golden Globe Awards. Be on the lookout for the rest of our 2017 commercials to debut in the coming weeks.

Happy New Year From Our Families To Yours!

For many of us, the new year signifies new beginnings . . . the first day of the rest of your life!  Hoping this new year brings you all good things, and you are blessed with happiness, good health, and the love of family and friends.

Is An Adjustable Rate Mortage The Right Loan For You?

There are lots of misconceptions surrounding Adjustable Rate Mortgages (ARMs), mostly because they have been thought of as the 'villain' of the housing crash. Although there were lots of ARMs written leading up to the crash, qualifying for an ARM back then, and how they were structured,is a far cry from how ARMs are written today.

In light of rising mortgage rates, more buyers may be looking at the advantages of an ARM and how they can save money.

There are many situations where an Adjustable Rate Mortgage can be the best choice for a home buyer.  Let's take a look at some of those situations: