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{ZflfealcEstate
!m>s Eileen M. Day
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OPTIONS
Scenerio: You and your spouse are in your sixties and live alone in a large, five bedroom house. It's time for a change of scenery and you’re looking for suggestions.
Step number one is to obtain a fair market value estimate of your present home. Since you are over 55, you may elect to take the one-time $125,000 capital gain exclusion on the sale of your home. Then look into other happy visions.
You could decide to purchase a smaller, energy-efficient home or one of the many different condominium projects offering swimming pools, golf and maintenance-free living.
Since you are still in the prime of your life, you will probably find that the cash you receive for the sale of your home will allow more than enough to buy another home or condo plus open the door to many other exciting possibilities such as: travel, starting a new business, or other investments.
Why not start with step one. Give us a call and we’ll be happy to give you a fair market estimate of your home in the strictest of confidence.
If there is anything we can do to help you in the field of real estate, please phone or drop in at EILEEN M. DAY, Realtor, The Clopton House, Washington, VA. 22747. Phone: 6753400. We’re here to help.
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