Wednesday, September 6, 2023 / by Bunch Team
Selling your home post-retirement is a significant choice and can greatly influence the quality and nature of your retirement.
Unlock Equity
Most of us view our homes not just as structures, but as the backdrop for countless memories, experiences, and significant life events. However, on the financial front, your home might just be the most considerable tax-free asset you possess. Homes, especially those held over long durations, often appreciate considerably. Selling can unlock a sizeable amount of money.
Here's a crucial financial tip: if you've owned and occupied your home for at least 2 of the last 5 years, you are exempt from capital gains taxes on the initial $250,000 for singles and a whopping $500,000 for married couples filing jointly. This equity can be a financial cushion during retirement, assisting in supplementing income, clearing outstanding debts, or investing in a more retirement-suited property.
Embracing a New Lifestyle
Embracing retirement is like turning a ...
Read More
Wednesday, August 30, 2023 / by Bunch Team
Planning to put your house on the market? There’s no doubt you’ll want to get the best possible price. Before you place that 'For Sale' sign in your yard, there are a few strategic upgrades you might consider to significantly enhance your home's value. Today, we'll delve into the world of home improvements that can transform your property into a sought-after gem.
Having served the home sellers of the Duluth GA, North Metro Atlanta area for over two decades, the Bunch Team has encountered homes at various levels of market-readiness. From neglected fixer-uppers to pristine showpieces, we've observed what works and what doesn't. Let's set your home up for a top-dollar sale!
Identify Areas of Improvement
The first step is introspection. Examine your home through a potential buyer's lens. Are there outdated fixtures, or is there wear and tear that's been overlooked? Maybe the kitchen screams the 80s or the bathroom tiles are from another era. Identifying these areas is cruc ...
Read More
Wednesday, August 23, 2023 / by Bunch Team
The family home - it's not just bricks and mortar. It's a collection of memories, stories, and life's significant milestones. The thought of parting from a home where children have been raised, holidays celebrated, and routines established can evoke a whirlwind of emotions. It's not just about selling a property; it's about moving on to a new chapter of life. The following is a heartwarming journey of a couple who transitioned from their beloved family home to their dream retirement residence.
The Legacy of a Home
For over 30 years, this couple lived in a house brimming with cherished moments. From the first steps of their children to festive family reunions, every corner echoed with memories. But with their children forging their own paths, what was once a bustling, lively abode started feeling vast and empty. The once invigorating chores began to seem burdensome.
It was during this contemplative phase that they approached the Bunch Team Realty Group for advice. Drawing from our te ...
Read More
Wednesday, August 16, 2023 / by Bunch Team
If you're a retiree contemplating selling your home, understanding how market timing plays a critical role in your real estate transactions can be your secret weapon. The cyclical nature of the real estate market is something that can help you sell your home more quickly and potentially at a higher price. Here's how:
Understanding Market Cycles
The real estate market, like other economic systems, fluctuates. There are periods of growth, known as a seller's market, where prices rise due to demand being higher than supply. Conversely, there are periods of decline, or a buyer's market, where the opposite situation occurs.
Several factors influence these cycles, including the broader economy, interest rates, consumer confidence, and geopolitical events. Staying informed about these aspects is vital.
Finding the Best Time to Sell
To pinpoint the best time to sell your home, it is essential to examine both macro-level factors like the overall health of the economy and micro-level factor. ...
Read More
Wednesday, August 9, 2023 / by Bunch Team
Welcome to a journey through the hidden oasis of Duluth, Georgia - the captivating Cardinal Lake Estates! As one of Gwinnett County’s oldest and largest neighborhoods, this picturesque place is filled with attractions and curiosities. So let's dive into the heart of Duluth and explore what this remarkable neighborhood has to offer.
A Real Estate Gem in North Metro Atlanta
I'm Cindy Bunch with the Bunch Team Realty Group at Keller Williams. Having served as a Realtor in Duluth for over two decades, I'm thrilled to guide you through this bustling and thriving city, especially one of its most beloved neighborhoods, Cardinal Lake Estates.
The Neighborhood's Aesthetic
Hidden behind Duluth's energetic streets, Cardinal Lake Estates comprises over 600 stunning single-family homes, with room for potential expansion with several yet-to-be-developed lots. From cozy 1200 square-foot homes to palatial estates of 6500 square feet, there's a home to suit everyone. Most houses feature a s. ...
Read More