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Over 23 Years of Local Real Estate Experience. Call or E-mail Jill Smith Today 973-722-2234, JillSmith@Comcast.net!
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"Jill Smith is a superior Realtor"
"Jill is a wonderful person and a pleasure to work with."
Becker Family, Short Hills, NJ
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Selling Your Home >No Risk Listing
Here is a seller scenario that may help you make your next move. Once you have decided to sell, you might be afraid to put your present home on the market until you have found a new one and completed purchase negotiations. You are concerned that most sellers are reluctant to finalize offers from buyers who must include a contingency calling for the sale of a current residence before buying the new one.
If you are in such a dilemma, the first step is to contact a professional real estate agent. The agent can show you how to list your home without the risk of putting your family out on the street. When you have a firm contract from a qualified buyer, you will become much more attractive to sellers. When you do find the perfect home, you will greatly increase your chances of being able to buy it.
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| Q |
Which law allows a person to give another individual up to $10,000 a year without any tax consequences?
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| A |
The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year. |
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