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.
@michelelalbohn
Certified Mortgage Advisor
Coast2Coast Mortgage
Mortgage Broker
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
Home Selling
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.
tax strategy
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.
Showing 2 of 2 articles
Join 63,212 professionals showcasing their expertise. Build trust, attract clients, and grow your business with a professional profile.
Ask, follow, or keep up with Michele's latest local expertise.