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Summit Realtors – Homeowner’s Blog

Down Payment: Found!

Saving the down payment may be unnecessarily keeping would-be buyers from getting into a home. They may be unaware that theĀ funds might be available. The NAR Profile of Home Buyers and Sellers reports that 81% of first-time buyers got all or part of their down payment...

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Sale of Home by Surviving Spouse

Special consideration is made by IRS for the sale of a jointly-owned principal residence after the death of a spouse. Surviving spouse may qualify to exclude up to $500,000 of gain instead of the $250,000 exclusion for single people if certain requirements are met....

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Carla Nettles, Owner of Summit Realtors
Carla Nettles