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All agents are NOT alike! Find out why I am a top real estate expert in Santa Fe, New Mexico. Call me toll 505-577-2245.
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Be the first to find out about latest listings! We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS. Find Out More > View All Offers >
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Compare three mortgages
at one time. Download TripleCalc now. It's free.
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 Prestigious and Elegant..... Santa Fe Historic Eastside living,
private and secluded, yet just steps from galleries, restaurants , museums and
the Plaza! For more information
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Tax Considerations >Not at ARMs Length
A sale of a house is just a sale, right? Not necessarily. If you are selling your house to your children or transferring title outside the open market, then the transaction may be characterized as "not at arm's length". Since such a transfer may have tax consequences, you should discuss it with a tax attorney or accountant before taking action.
The transfer of title to a son or daughter may cause the parents to lose favorable property tax treatment, require the payment of state gift taxes, or have other unexpected consequences. From a capital gains point of view, it may be more prudent for children to inherit property than to receive it as a gift. The disposition of any real estate should be considered within the entire framework of your tax and estate planning.
For answers to all your real estate questions, consult experienced professionals who are familiar with this area.
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| Q |
What does the abbreviation PITI stand for?
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Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment. |
See More Real Estate Trivia > |
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Karen Wolfe-Mattison Sotheby's International 231 Washington Ave. Santa Fe, NM. 87501 Karen, cell: 505-577-2245 Fax: 505-212-0149 Email: santafetoprealtors@BestImageAgent.com
I pride myself on my "can do" positive attitude, enthusiasm, creativity and sense of humor to keep things in perspective. Karen, in her 19th year as a real estate specialist offers her expertise and formidable negotiation skills in assisting buyers in search of their Santa Fe dream home. Karen has been a sales leader on the historic Eastside. As one of America's NUMBER1EXPERTS™ in the Santa Fe City area, Karen is well equipped to guide you through all your real estate needs. Call or email her today!
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| This Web site is not the official Web site of Sotheby's International Realty, Inc. Sotheby's International Realty, Inc. does not make any representation or warranty regarding any information, including without limitation its accuracy or completeness, contained on this Web site. Equal Housing Opportunity. |
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