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For Home Buyers:
Why Buyers Choose Roger Murray - Why homebuyers looking for a real estate agent in the Novi, Northville and Farmington Hills area choose Roger Murray. Latest Listings - Get Roger Murray's latest Novi, Northville and Farmington Hills listings of homes for sale first! Find Your Perfect Home - Roger Murray will search for your ideal home and email you the newest Novi, Northville and Farmington Hills MLS listings of properties in Oakland and Wayne County MI. First Time Homebuyers - Are you a first time homebuyer in Novi, Northville and Farmington Hills, MI? Choose a top real estate agent. Roger Murray can guide your home buying search. Mortgage Prequalification - Pre-qualify for a mortgage or loan for your Novi, Northville and Farmington Hills house or other real estate or property. Go to Main Sitemap - Main sitemap sections include Find Novi, Northville and Farmington Hills Homes, For Home Buyers, For Home Sellers, Novi, Northville and Farmington Hills Information, Real Estate Resources, and About Roger Murray. 
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Tax Considerations >Beneficial Tax Laws American tax law offers a significant capital gains tax exemption that allows taxpaying homeowners to unlock home equity and end the spiraling cycle of "investing up." First-time buyers enjoy expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, rules that allow penalty-free withdrawals to purchase a home.
Every two years, married sellers of principal residences who file joint federal income tax returns are allowed a $500,000 exclusion ($250,000 for singles) from capital gains tax. For sales that took place after May 6, 2003, the maximum capital gains tax rates for profits above the exclusion dropped from 20% to 15% for higher income taxpayers, and from 10% to 5% for lower income taxpayers.
Homeowners can now consider several new options. People who find themselves at an empty-nester stage (no children at home) in a four or five bedroom home with a large equity have been able to unlock their equity dollars, using the income to help their children buy a first home, take a luxury cruise, remodel the house or purchase a second home for vacation or retirement.
Consult your tax advisor for advice regarding your particular circumstance.
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| Q |
Which islands are considered the largest islands in the US?
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| A |
The Hawaiian Islands with 10,456 square miles are followed by Kodiak Island in Alaska at 9,510 square miles. |
 See More Real Estate Trivia > |
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Roger Murray
RE/MAX Classic
26870 Beck Road
Novi, MI. 48374
24 Hour Mobile: 248-982-7166
Fax: 866-868-4117
Email: rogermurray@NUMBER1EXPERT.com
It is my goal as your full service Realtor specializing in the Novi, Northville, Farmington Hills, West Bloomfield, Commerce, Wixom and surrounding areas, to provide you with superior service at all times. My local expertise and extensive real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources I offer.
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