Maturing Markets:
Real Estate News & Issues

Volume VI, No. III www.seniorsrealestate.com

Seniors Real Estate Specialist

Real estate markets are humming along nicely in most parts of the country, thanks to the strong economy, favorable interest rates and the Ameri-can ethic of home ownership.
People in their senior years often have the bulk of their personal wealth invested in real estate. That's why it's so important to make wise decisions, whether you're selling your home, buying a replacement residence or making an investment.
Helping seniors make wise real estate decisions is my forte. As a seniors real estate specialist, I have the necessary skills and experience to answer your questions. Give me a call and I'll be happy to help you.
Your real estate partner,

MARY E HASTERLIK, CRS,GRI,SRES<b
/b>
COLDWELL BANKER ROUND TABLE REAL ESTATE
[920]490-8114

<blue.it's never too soon or too late for financial planning>

Financial planners have heard every excuse in the book for not planning one's financial future. An informal survey recently turned up the following seven frequently heard excuses:
1. I don't need to plan.
2. I don't have time to plan.
3. I think planning is too
complicated.
4. I don't have any goals.
5. I don't have any money to
invest.
6. I'm too young to plan.
7. I'm too old to plan.

What's your excuse?

Capital Gains Exclusion Q&A

The latest rules governing taxation of capital gains on the sale of a principal residence have been in effect for some time. However, consumers are still sorting out the details.
Q: Do I have to purchase a replacement residence to claim the $250,000 (singles) or $500,000 (married couples) exclusion?
A: No. The "rollover" requirement of buying another home no longer applies.
Q: Can I deduct a loss on the sale of my principal residence?
A: No.
Q: If my capital gain is less than $250,000 or $500,000, can I apply the excess amount to a future sale?
A: No. However, you can use the exclusion multiple times if you meet the requirements.Page 2 Maturing Markets: Real Estate News & Issues


Web Sites for Seniors

Seniors are one of the fastest growing populations of people surfing the Web and using e-mail to keep in touch with family and friends. If you’re online, you’ll find hundreds of senior-oriented Web sites worth visiting. Here are three suggestions:
At www.seniorsreal estate.com, home of the Seniors Advantage Real Estate Council, you’ll find a list of real estate agents who hold the Seniors Real Estate Specialist (SRES) designation, a monthly “hot topic” on real estate, the most recent issue of this newsletter, and more.
At www.senior friendly.com, you’ll find evaluations of some popular consumer electronics, based on their senior friendliness and easy of use. The site doesn’t have many models evaluated yet, but it’s a good start. Call (847) 564-8860 to order the Senior Friendly newsletter.
At agingwell.state.ny.us (no www on this one), you’ll find tips for eating well and staying fit, a health and wellness library, a public forum and a seniors news-stand. This Web site is sponsored by the New York State Office for Aging.
See you in cyberspace!






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