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Looking for homes? Search everything the web has to offer, right here! Don't miss my Feature Homes. 

Need local real estate information? I've summarized much of what is important about the Wilimington, Greenville and Newark real estate market in this site. 

Need expert advice? No web site, large or small, can take the place of a real estate agent. Not even mine! This site is filled with ways that you can contact me for one-on-one expert help and advice. That's my job. 

Contact me with confidence! I guarantee your privacy will be respected. And I offer the services on this site for free and without obligation. Why? I want to be YOUR real estate agent. As your trusted, professional real estate partner, I will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible. 

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Real Estate Tips

Tax Considerations >Not at ARMs Length

A sale of a house is just a sale, right? Not necessarily. If you are selling your house to your children or transferring title outside the open market, then the transaction may be characterized as "not at arm's length". Since such a transfer may have tax consequences, you should discuss it with a tax attorney or accountant before taking action.

The transfer of title to a son or daughter may cause the parents to lose favorable property tax treatment, require the payment of state gift taxes, or have other unexpected consequences. From a capital gains point of view, it may be more prudent for children to inherit property than to receive it as a gift. The disposition of any real estate should be considered within the entire framework of your tax and estate planning.

For answers to all your real estate questions, consult experienced professionals who are familiar with this area.

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Real Estate Trivia

Q 
What is the highest skyscraper hotel in the world?

A 
The Grand Hyatt Shanhai in Pudong, Shanhai, China occupies the top 35 floors of the 88-story Jin Mao Tower, which at 1,378 feet is the tallest building in China and the third tallest building in the world.
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Grimly Foret, REALTOR®, real estate agent and broker for Wilimington, Greenville and Newark, Delaware home listings, property and land for sale

Grimly Foret
RE/MAX of Wilmington
5307 Limestone Rd. Suite 100
Wilmington, DE 19808
302-777-5987
Fax: 302-442-7047

REALTOR®, Certified Real Estate Negotiator, (CREN), Certified Distressed Property Expert, (CDPE), Real Estate Marketing Strategist, Residential & Investment Real Estate

CDPE Equal Housing MLS REALTOR


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