Virginia Beach, Chesapeake and Norfolk real estate and homes for sale in Virginia - Chantel Ray Real Estate Team, REALTORS® Chantel Ray Real Estate Team REALTORS(r) for Virginia Beach, Chesapeake and Norfolk, Virginia real estate - NUMBER1EXPERTS™ Chantel Ray Real Estate Team NUMBER1EXPERTS(tm) for Virginia Beach, Chesapeake and Norfolk, Virginia real estate
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Chantel Ray Real Estate Team, REALTOR®, real estate agents and broker for Virginia Beach, Chesapeake and Norfolk Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)
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Request Our Free Relocation Package. Don't Move To Virginia Beach, Chesapeake and Norfolk Without It! 

Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate to and from the Virginia Beach, Chesapeake and Norfolk, Virginia area. 

If you will be moving to the Virginia Beach, Chesapeake and Norfolk area, we can correspond by email and phone. Together, we'll determine what type of home, price range, and neighborhoods you are interested in. We'll send you every home or property that is currently available that matches your criteria. 

When you visit, we'll be ready! We will visit the Virginia Beach, Chesapeake and Norfolk neighborhoods and homes that interest you the most. 

In addition, we can talk about schools, sub-divisions, local market conditions, local culture... anything that is important to you. 

Remember: As top Virginia Beach, Chesapeake and Norfolk real estate agents, it's our job to know this area inside and out, and we want to make your transition as smooth as possible. 

To get started, fill out the form to request our FREE Virginia Beach, Chesapeake and Norfolk, Virginia Relocation Package. We'll send it right out. It's full of useful and important information about this area. You are under no obligation, so you can't go wrong... 

Are you new to the area? Request our FREE package of Virginia Beach, Chesapeake and Norfolk relocation information. It's our job to help! There's no obligation, and we promise to respond quickly... 

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Real Estate Tips
Tax Considerations >Tax Implications of Selling Your House

Most of my clients profit from selling their homes, and they often have questions about capital gains tax. 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. Gains above these limits are taxed at the current rate of 15% for higher income taxpayers and 5% for lower income taxpayers. In 2008 the 15% rate will continue for higher income taxpayers; while the 5% lower income rate will drop to 0% for the 2008 tax year only. On January 1, 2009, the long-term capital gains tax rates will once again be 15% and 5% through 2010. Homeowners can use this tax-free provision every two years. As set forth in the American Job Creation Act of 2004, properties converted from a 1031 exchange property into a primary residence must be held and used as a primary residence for at least five years to qualify for the tax exemption. Consult your tax accountant for more detailed information regarding your particular circumstance.

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Real Estate Trivia
Q 
In what area of the United States did the price of existing homes increase most dramatically in 2005?

A 
Phoenix, Arizona real estate recorded a 55.2 percent increase in home prices during 2005.
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Chantel Ray Real Estate Team, REALTOR®, real estate agents and broker for Virginia Beach, Chesapeake and Norfolk Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Chantel Ray Real Estate Team
William E. Wood and Associates

195 S. Rosemont Road, Suite 109
Virginia Beach, VA. 23452
(757) 497-8733
(757) 717-1003
Fax: (757) 473-0187
Email: chantelray@NUMBER1EXPERT.com

A mathematics graduate of Virginia Weslyan College, Chantel taught at Cox high school for several years. She has served as a children’s minister and Youth minister. The Chantel Ray Real Estate Team has sold on average 6 million dollars in real estate every 3 months! Chantel resides in Virginia Beach with her husband of three years and their dog Mango. Chantel's most recent accomplishment is completing her EPro Certification. She is currently working on her GRI which is nearly complete.

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William E. Wood  and Associates real estate and homes for sale in Virginia Beach, Chesapeake and Norfolk Virginia

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