Call or Text Kelly Vandever | 770.597.1108 | REALTOR® | License # 391485

Thinking About Selling Your Home? Here Are Tips That Could Help You Avoid Paying Capital Gains Taxes!

selling a home Oct 02, 2024

Here’s how you might save big:

 

**Primary Residence Exclusion**: If you’ve lived in your home for any 2 of the last 5 years, you can exclude up to $250,000 of capital gains if you're single, or $500,000 if you're married.

 

**Partial Exclusion**: If you didn’t live in your home for the full 2 years, you might still qualify for a partial exclusion if the sale was due to work, health reasons, or other unforeseen circumstances.

 

**Home Improvements**: Keep receipts of any home improvements—they add to the investment you’ve made in your home and can reduce the amount of capital gains you owe.

 

**1031 Exchange**: Selling an investment property? Consider a 1031 exchange to defer your capital gains by reinvesting in a similar property.

 

**Consult a Tax Professional**: Always check with a tax professional to make sure you understand the impact of your options.

 

With a little planning, you can save money and keep more of your...

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Thinking about Selling Your House? The Two Surprising Truths You May Not Know!

Uncategorized Sep 04, 2024
There are 2 truths you should know before you spend a single dime getting your house ready to sell.
 
#1 - The most important thing you can do before selling your house is probably the one thing that will cost you the least in terms of preparing your home for sale.
 
#2 - You may be 100% wrong on where you should invest your money getting your home ready to sell.  
 
Let's get into the details.
 
 
What is the #1 thing that will make the biggest impact and probably cost you the least?
 
#1 - Thoroughly Clean the House.
 
Yep.  That's right.  Thoroughly cleaning the house is the first, most important thing you can do to prepare your house to sell.  
 
Everything scrubbed and smelling clean is a huge advantage to making your house appeal to the most prospective buyers.
 
And it won't cost you much other than in time, elbow grease, and cleaning supplies.  Even if you outsource a deep...
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What Kind of Cash on Hand If You're Getting a Loan to Buy a House?

buying real estate Aug 12, 2024
The median sales price of the houses that sold in the greater metro Atlanta area in July 2024 was $447,125. 
 
If you're thinking about buying a house, you may wonder how much cash you have to have available to buy a home.
 
To answer that question, let's look at an example using July 2024 median sales price.
 
If you're not paying cash for a house, most people understand they'll need some kind of a down payment when they buy a house.  How much that down payment needs to be will vary by what kind of loan program you qualify for.  
 
While VA loans for veterans require no money down, most loans require some amount of a down payment.  There are loans that, if you qualify, may require as little as 3.5% of the sales price as a down payment.
 
For our example using the median sales price in the greater metro Atlanta area in of $447,125, assuming you have a loan that requires only 3.5% down, 3.5% of that median sales price is...
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What Is a Backup Offer on a House? Should You Accept a Backup Offer When Selling a Home?

Uncategorized Dec 13, 2023

What Is a Backup Offer?

 

A backup offer comes into play after you’ve signed a contract to sell your house.

 

You’re under contract.  You’ve agreed to sell your house to a specific party.  We call the person (or persons) you sign the contract with the primary buyer.

 

A backup offer is another contract to sell your house to a different buyer, but only if the primary buyer doesn’t follow through on buying the house.

 

Should It Be Important to You as the Person Selling a House to Have a Backup Offer? 

Is that a Good Strategy?

 

The answer, especially if you received multiple offers on your house, is yes, it is in your best interest to accept a backup offer.

 

As the person selling your house, you want to sell your house.  So, if the primary buyer changes their mind, or they can’t get the financing, or they can’t reach an agreement about repairs, or whatever, having a backup offer as a signed...

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3 Questions to Ask a Real Estate Agent

Uncategorized Nov 15, 2023

If you're gearing up to dive into the world of home buying, you might be feeling a bit overwhelmed with where to start. I get it—it's a big decision. The key to a successful and smooth home buying experience often boils down to one crucial factor: finding the right real estate agent. To help you in this journey, I've put together a list of three must-ask questions when considering a realtor.

  1. Can I Afford This House in This Area with This Budget?

Let's get down to brass tacks—understanding your financial boundaries is paramount. What kind of house are you after? A detached home, condo, or maybe a townhome? Be specific about the features you're looking for—number of bedrooms, bathrooms, garages, and the like. And when it comes to the area, be clear about your priorities: school zone, city, county, zip code, or perhaps commute time. On the budget front, are we talking about the top end or a preferred area within your loan payments? It's crucial to work with an agent...

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6 Important Tools in Helping a Loved One with Cognitive Impairment- A Free Webinar!

FREE WEBINAR 

6 Important Tools in Helping a Loved One with Cognitive Impairment 

 

During the webinar you’ll learn: 

  •   Resources for planning 
  •   A tool to help start the conversation with your loved one 
  •   A list of important information to share 
  •   Two major actions to take before you or your loved one can’t remember anymore 
  •   Resources to help you and your loved one 

 

Noticing signs of cognitive impairment can be a scary and emotional time. This program willhelp ease that tension and provide valuable information to take positive actions. Help yourself and your loved one alleviate some of your struggles during a difficult time.  

 

Pick an upcoming webinar time here!

 

 About the Speaker: 

Kelly Vandever is an award-winning speaker, a Seniors Real Estate Specialist...

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REMINDER –6 Important Tools in Helping a Loved One with Cognitive Impairment

FREE WEBINAR 

6 Important Tools in Helping a Loved One with Cognitive Impairment 

 

During the webinar you’ll learn: 

  •   Resources for planning 
  •   A tool to help start the conversation with your loved one 
  •   A list of important information to share 
  •   Two major actions to take before you or your loved one can’t remember anymore 
  •   Resources to help you and your loved one 

 

Noticing signs of cognitive impairment can be a scary and emotional time. This program willhelp ease that tension and provide valuable information to take positive actions. Help yourself and your loved one alleviate some of your struggles during a difficult time.  

 

Pick an upcoming webinar time here!

 

 About the Speaker: 

Kelly Vandever is an award-winning speaker, a Seniors Real Estate Specialist® with Keller Williams North Atlanta, and a daughter who’s been through the diagnosis...

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Reminder: Important Webinar If You Have a Loved One with Cognitive Impairment

When my dad was diagnosed with cognitive impairment, I felt...

Confused - Overwhelmed - Scared

Are you feeling that way too?

If you have a loved one who’s been diagnosed, there’s help.

 

During the webinar you’ll learn:

 

· Resources for planning 

· A tool to help start the conversation with your loved one 

· A list of important information to share 

· Two major actions to take before your loved one can’t remember anymore 

· Resources to help you and your loved one 

 

Noticing signs of cognitive impairment can be a scary and emotional time. This program willhelp ease that tension and provide valuable information to take positive actions. Help yourself and your loved one alleviate some of your struggles during a difficult time 

Pick an upcoming webinar time here!

 
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3 Tips to Help Sell Your House – Or the House of Your Loved One – When You’re Over 50

 

Prepare yourself to be insulted.

If you or your loved one is over 50, chances are you’ve collected a few mementos over your lifetime which you have beautifully displayed in your home.

If those items are extremely unique... if they are expressions of deeply held religious or political beliefs...or if you’ve owned them for more than a couple decades, there’s a chance that those items that you love so much, could hurt your ability to sell your house.

I know it’s hard to hear, but when it comes to selling a house, it’s essential that you
depersonalize and genericize your home as much as possible.

Why? Because if people are sending their time looking at your things, they’re not spending time looking at the house.

What’s better is a staged, generic looking house that other people can imagine themselves living in. And the more the home looks like something they’ve seen on HGTV, the better.

 

Don’t repair everything you think...

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He Forgot His Mother’s Maiden Name – Tools to Help You When Your Loved One Has Been Diagnosed with Cognitive Impairment

I remember the Thanksgiving when dad and I were flipping through photo albums, and he couldn’t remember his mother’s maiden name.

My stepmother had been trying to tell me dad was having problems, but I made excuses. In that moment, forgetting his mother’s maiden name, I could no longer deny it. My dad was having cognitive issues.

 

Do you have a loved one who’s been diagnosed with cognitive impairment?

 

Feeling overwhelmed, saddened, stressed?

 

Trying to figure out what to do?

 

Here’s some help.

 


Free Webinar!

 

6 Important Tools in Helping a Loved One with

Cognitive Impairment

 

During the webinar you’ll learn:

 

· Resources for planning 

· A tool to help start the conversation with your loved one 

· A list of important information to share 

· Two major actions to take before you or your loved one can’t remember anymore 

· ...

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