Welcome! Whether you're selling or buying, The Mario Romero Team will provide you with the very best in real estate counsel and service!
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Located in a desert valley south of the McDowell Mountains is Arizona’s capital of Phoenix. This bustling urban center is surrounded by numerous communities, each with its own unique history and culture. Whether you are looking to buy or sell real estate in Phoenix, Scottsdale, Tempe, Chandler, Northwest Valley or Southwest Valley, The Mario Romero Team can assist you. These qualified real estate professionals are experienced in negotiating through the home buying and selling processes to provide clients with a smooth transaction. Looking to buy a home in Phoenix, Scottsdale or Tempe? How exciting! Buying a home should be a fun adventure, but it can be confusing with all the options and decisions to be made. The Mario Romero Team has experienced buyer specialists who can provide quality real estate counsel and service with an intimate knowledge of the Phoenix, Scottsdale, Tempe and Chandler real estate markets. With homes available or becoming available, financing and all the other details necessary to get to “moving day,” our buying clients benefit from our team’s excellent negotiation skills to give them a decided advantage in the marketplace. 
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Selling your Phoenix home? It doesn't matter whether it's a “buyer’s market” or “seller’s market,” there is always fierce competition for houses in the Phoenix, Scottsdale and Tempe real estate market for those qualified buyers who are out looking. Sellers need aggressive, effective marketing experts to direct those buyers to their listing in order to get their property SOLD at their price and terms. That's why The Mario Romero Team is the overwhelming choice for people who want to sell Phoenix real estate.
This website offers an array of resources to help you learn more about the Phoenix area and real estate opportunities. Our advanced property search tool allows you to search homes for sale by city, county, address, zip code, school district and subdivision. You can also search listings by map in Phoenix, Scottsdale, Tempe, Chandler, Northwest Valley and Southwest Valley. Once you find a property you’re interested in, you can save the listing to your favorites, inquire for more information or request a showing.
If you’re doing some initial research in the home-buying process or prefer to do your own research on available Phoenix homes for sale, we suggest that you sign up to Get The Latest Listings, which will alert you when listings matching your search criteria come onto the market. There is no cost or obligation for this service! You'll never have to worry about missing your dream home or bother with other, confusing real estate sites. You can also find profiles on Phoenix, Scottsdale and Tempe to learn more about the cities and what qualities draw residents.
Buying and selling a home is one of the biggest events of your life. Make it a great and stress-free experience by working with the very best in Phoenix real estate. Call The Mario Romero Team today!
Toll Free: 866-252-4191 Direct: 602-252-4191  |
Tax Considerations >Taxpayer Relief
Legislation included in the 1997 federal budget made significant changes that improve a homeowner's ability to profit from the sale of real estate.
The capital gains tax exclusions on the sale of a principal residence is just one of several benefits for homeowners. When you sell a home you have owned and use for two of the five years prior to the sale, married couples are allowed to keep up to $500,000 in tax-free profits and taxpayers filing as singles can keep up to $250,000 before paying capital gains tax.
Long-term capital gain is also taxed at lower rates as a result of the Jobs and Growth Tax Relief Reconciliation Act passed in 2003. The maximum capital gains tax rates dropped from 20% to 15% and from 10% to 5%, effective for sales and exchanges taking place on or after May 6, 2003 and through December 31, 2007. In 2008 the 15% rate continues for higher income taxpayers, while the 5% rate for lower income taxpayers drops to 0%, but only for the 2008 tax year. On January 1, 2009, the 10% and 20% rates will be reinstated.
Consult your tax advisor for advice regarding your particular circumstance.
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| Q |
To what process do the terms closing, escrow, settlement and passing papers refer?
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| A |
These terms, which vary in different parts of the country, describe the conclusion of a real estate sale. |
See More Real Estate Trivia > |
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