Lancaster, Palmdale and Quartz Hill California real estate listings, home buying, selling and relocation information

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Time to Move >When Your House Gets Too Big

As the Baby Boomers of the 1950s send their children off to college, they join the part of the market called "empty nesters". At this point they no longer need six bedrooms and three baths, a family room and a gigantic yard. Many "empty nesters" are trading in the family home for something that is smaller, easier to maintain and has the amenities that are important to their more carefree lifestyle. If you are considering such a move, start out by consulting a good Realtor whom you like and trust. The good news is--- when you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. These capital gain exclusions apply whether you "buy up" to a more expensive home or "buy down" to a less expensive one. If you are moving downtown from the suburbs in order to be close to cultural centers, theaters and restaurants, there may be "quality of life" issues, such as noise or parking. Your Realtor can help you find a home that has all the conveniences and amenities you desire.

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Q	Which city in the U.S. has the longest formal name, but the shortest abbreviated name?
A	El Pueblo de Nuestra Senora la Reina de los Angeles de la Porciuncula is the full name for Los Angeles, known as "LA".
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The Chappell Team Advantage, REALTOR®, real estate agents and broker for Lancaster, Palmdale and Quartz Hill California home listings, property and land for sale - NUMBER1EXPERT(tm)

The Chappell Team Advantage
Keller Williams Realty
41307 12th St. W. Suite 105
Palmdale, CA 93551-1454
Tel: 661-223-4017
Tel: 661-946-6112
Fax: 661-274-8867
Email: Mark@MarkChappell.com
Transaction Manager: marksassistant@kw.com
Mark Chappell has over 10 years of experience in real estate. He is ranked among the top 5% of agents nationally. His mission is to bring skill, sound judgment and high integrity to every real estate transaction; benefiting everyone involved. Mark Chappell’s Team Advantage offers a team of hardworking professionals including residential specialists and a transaction manager. As a team of specialists, we work together to ensure a smooth and successful closing for each transaction.

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