Home Selling
The Net Proceeds Gap: Selling vs. Staying in Retirement
Selling a $450K home doesn't mean walking away with $450K. See the line-by-line breakdown of what a seller nets, and when staying may make more sense.
Oct 16, 20267 min read1060
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Michele L Albohn
@michelelalbohn
Certified Mortgage Advisor
Coast2Coast Mortgage
Mortgage Broker
Knoxville, TN
2Articles
About Michele
I earned a bachelor's degree at SUNY Empire State College while working as a head paralegal in estate planning and real estate. I specialized in Medicaid planning and applications. Most of my clients were in difficult and sad life situations and had loved ones that were chronically ill and needed care. I was recognized by Marquis Who's Who in May 2020 for excellence in the field of Medicaid Planning. In 2014, I started a small consulting firm in New York assisting families with solving problems, planning, and applying for necessary healthcare needed for their chronically ill loved ones. My clients were my family. They trusted me because I listened to them and helped them understand their situation. This allowed me to guide them to successfully obtain the care they needed and protect their
- Coast2Coast Mortgage
- Certified Mortgage Advisor
- Location
- Knoxville, TN
Michele's Articles
tax strategy
The Capital Gains Trap When Selling the Family Home
Long-time owners who sell can owe surprise tax on gains beyond the $250,000/$500,000 exclusion — and a spouse's death can cut that exclusion in half.
Oct 10, 20269 min read260
tax strategy
Reverse Mortgage
Showing 2 of 2 articles
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Michele L Albohn@michelelalbohnCertified Mortgage AdvisorCoast2Coast Mortgage
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