Morristown, Dandridge and Jefferson City real estate and homes for sale in Tennessee - Rhonda Krenzer, REALTOR® REALTOR® Logo - NUMBER1EXPERT™ NUMBER1EXPERT™ Logo
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Real Estate Tips
Time to Move >When Your House Gets Too Big

As the Baby Boomers of the 1950s send their children off to college, they join the part of the market called "empty nesters". At this point they no longer need six bedrooms and three baths, a family room and a gigantic yard. Many "empty nesters" are trading in the family home for something that is smaller, easier to maintain and has the amenities that are important to their more carefree lifestyle. If you are considering such a move, start out by consulting a good Realtor whom you like and trust. The good news is--- when you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. These capital gain exclusions apply whether you "buy up" to a more expensive home or "buy down" to a less expensive one. If you are moving downtown from the suburbs in order to be close to cultural centers, theaters and restaurants, there may be "quality of life" issues, such as noise or parking. Your Realtor can help you find a home that has all the conveniences and amenities you desire.

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Real Estate Trivia
Q 
What is the earliest residential building that remains in Manhattan?

A 
Fraunces Tavern, built in 1719, is where George Washington delivered his Farewell Address to his officers in 1783.
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Rhonda Krenzer, REALTOR®, real estate agent and broker for Morristown, Dandridge and Jefferson City, Tennessee home listings, property and land for sale - NUMBER1EXPERT™

Rhonda Krenzer, ABR, CRS, GRI, MBA, Broker
RE/MAX Real Estate Ten

525 West Morris Blvd. Suite F
Morristown, TN 37813
Office: 423-289-0030
Fax: 423-587-9450
Cell Phone: 423-312-4488
Email : Info@rhondakrenzer.com

“My prescription for success is pretty simple. Just combine equal amounts of determination, focus and hard work and practically anything is possible. This is the approach I use with my family and my clients.” Rhonda Krenzer, ABR, CRS, GRI, MBA, Broker

ABR CRS GRI


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