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Why Buyers Choose Diane Hayes
Welcome > For Buyers > Why Buyers Choose Diane Hayes ...

Buying a Home Requires Many Difficult Decisions. Make Sure Your real estate agents are Top Local Experts. 

Your home is probably the biggest purchase your family will ever make, and it involves many decisions that go beyond simply choosing one you like. 

As top Montgomery County, Rockville and Potomac area real estate agents, here is how we will guide you through the entire process, from viewing homes and financing, to making sure the final contract is in your best interest: 

- You will have full access to ALL homes available on the Montgomery County, Rockville and Potomac market, even listings not yet on the MLS, through our professional Maryland real estate affiliations. 

- Our expert local knowledge of the Montgomery County, Rockville and Potomac area should be invaluable to you, not just in terms of real estate, but also schools, neighborhoods, the local economy, and more. 

- Every local real estate market absolutely has its own trends and opportunities. This can vary greatly, even one neighborhood to the next. Montgomery County, Rockville and Potomac is no different! It's our job to steer you into opportunities and out of traps. 

- What is the true market value of the home you are interested in? Is it priced too high? Is it a bargain that you should jump on? We help home buyers make decisions like this every day, and we'll make sure that YOU get the best value for your money. 

- Negotiating with sellers can be stressful. We will help you negotiate, so that the final contract includes your best possible terms and conditions. 

- You should know absolutely everything about the property you are buying! You and a member or my team or I will view every home that you are interested in, together. And prior to closing we will make you fully aware of any and all inspections available to you. 

- Have confidence when signing documents. Contracts are full of complicated terms and clauses that can greatly affect your future life in your new home. We will give you the full benefit of our real estate knowledge and experience. 

Let us represent your best interests in your search for a new home in the Montgomery County, Rockville and Potomac area. While you can see a million homes on the web, actually buying your home is another matter entirely. Buyers beware! 

Ask us any question about buying a home in Montgomery County, Rockville and Potomac. It's our job to help you! There's no obligation, and we promise to respond quickly... 

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Real Estate Tips
First Time Buyers >Your Principal Residence

The Federal Tax Code allows married taxpayers to exclude from capital gains taxes up to $500,000 in profits from selling a home (singles can exclude $250,000). In order to qualify for this exemption, you must prove that that the home has been your principal residence for at least two out of the last five years. The establishment of the home as a principal residence depends on the facts of each homeowner's circumstance. Here are two cases to consider.

Homeowner A has lived at 25 Pine Drive for 12 years. Although he stays at his vacation cottage in another town for up to three months out of each year (sometimes more), 25 Pine Drive is his principal residence, where he lives most of the time. When he sells the home, Homeowner A (filing as a single individual) can keep up to $250,000 in tax-free profit.

Homeowner B buys 108 Maple Street, intending to live there. He rents it out while waiting to sell his current home, where he has lived for six years. His principal residence sells at the end of two years. Homeowner B moves into his new house, lives there for three months, and then decides to travel. After a six-month trip, he regrets buying 108 Maple Street and sells it. Even though he has owned the house on Maple Street for over two years, it won't qualify as "owner-occupied", because he only lived in it for a few months. Thus Homeowner B is not eligible to claim the tax exemption when he sells the house on Maple Street.

Consult your tax advisor for advice about your particular circumstance.

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Real Estate Trivia
Q 
What does the abbreviation PITI stand for?

A 
Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment.
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Diane Hayes, REALTOR®, real estate agent and broker for Montgomery County, Rockville and PotomacMaryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Diane Hayes
RE/MAX Premiere Selections

11325 Seven Locks Road #217
Potomac, MD 20854
Tel: 301-428-0010
Fax: 301-299-1004
Email: dianehayes@NUMBER1EXPERT.com

Diane has been helping buyers and sellers with their real estate needs since 1981 and would love to help you.


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