"no false promises but realistic information"

"When we researched who was recommended for selling personal homes two Realtor names showed up multiple times. After having personal conversations with those two groups it was clear to me who would be the first choice for selling (ExcellenceX2). In a sea of real estate agents it is difficult to navigate a course that will end with smooth sailing. In my case, the preparation prior to the sale and the process of selling my home was done professionally, efficiently, and successfully by ExcellenceX2. I am appreciative of the recommendations of services for items that needed remediation since those services were cost effective and done well. I had the interesting circumstance of not only selling one home but had to purchase another one right after my original home sold. I was able to use Barb Merry and Gail Popp not only as a selling agent but as a buying agent as well. I was provided with no false promises but realistic information on the value of residential homes in the Fox River Valley. If one wants professional service, great communication, and dedicated agents then ExcellenceX2 is the best option I know."
Stan, Buyer & Seller
 

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Tax Considerations >New 1031 Exchange Rules One of the most popular "tax deferring" strategies for real estate owners who are selling one property and acquiring another is the use of Section 1031 of the Internal Revenue Code. It is an effective way to defer paying income tax on capital gain generated by the sale of a property when you intend to reinvest the proceeds in a similar, "like-kind" property. Almost any kind of real property is considered "like-kind" with any other real property. A recently enacted law closes what was considered a loophole in the Section 1031 rules. In some cases, owners of investment real estate have used the 1031 Exchange to swap their investment property for real estate that could be readily converted to an owner-occupied residential property. After the exchange, they made the property into their principal residence, lived in it for a couple of years, then sold it. Now the American Job Creation Act of 2004 has ruled that properties converted from a 1031 exchange property into a residence must be held and used as a principal residence for at least five years to qualify for the tax exemption. Otherwise, the basic tax-deferring benefits of 1031 exchanges remain the same. Consult your tax advisor for more detailed information. See All Tips In The "Tax Considerations" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q  What amenity do 48% of all homes in the new housing market have? A  48% of all newly-constructed homes now have 2 1/2 baths or more, up from 1985 when only 29% had more than 2 baths. See More Real Estate Trivia >