Bullhead City, Fort Mohave and Mohave Valley real estate and homes for sale in Arizona, Commercial Real Estate, and New Construction - John & Olivia McCormick, REALTORS® John & Olivia McCormick REALTORS(r) for Bullhead City, Fort Mohave and Mohave Valley, Arizona real estate, Commercial Real Estate, and New Construction - NUMBER1EXPERTS™ John & Olivia McCormick NUMBER1EXPERTS(tm) for Bullhead City, Fort Mohave and Mohave Valley, Arizona real estate, Commercial Real Estate, and New Construction
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John & Olivia McCormick, REALTORŪ, real estate agents and broker for Bullhead City, Fort Mohave and Mohave Valley Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)
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Top Real Estate Links: Bullhead City, Fort Mohave and Mohave Valley Arizona home buying, real estate listings, and homes for sale in Mohave                         County, AZ
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Useful Real Estate Web Sites
 

Here's a short list of some of the more useful real estate and real estate related sites on the web. When you click on any of the links below, you'll see the site you chose, along with a form at the bottom of your screen. Use it to get answers for any questions you might have about anything you find. 

Remember: It's our job to know more about real estate than any web site!
 

Bullhead City Moving Companies
With just a few clicks 123 Movers can find you Fast, Free, no obligation quotes from local & interstate moving companies, auto transport specialists, self storage organizations, international movers and more. Relocation can be a stressful event so let us help you find the moving services you need by searching our directory of licensed movers.

GOVERNMENT REAL ESTATE RESOURCES
Try the US Census Bureau, FedStats.com, or the Bureau of Labor Statistics for useful information. The HUD web site is full of resources. Don't forget Fannie Mae, Freddie Mac, or Ginnie Mae. Get home buying tips from the Federal Consumer Information Center.

LOCAL INFO
Find your local Chamber of Commerce or State Government.


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Real Estate Tips
First Time Buyers >Your Principal Residence

The Federal Tax Code allows married taxpayers to exclude from capital gains taxes up to $500,000 in profits from selling a home (singles can exclude $250,000). In order to qualify for this exemption, you must prove that that the home has been your principal residence for at least two out of the last five years. The establishment of the home as a principal residence depends on the facts of each homeowner's circumstance. Here are two cases to consider.

Homeowner A has lived at 25 Pine Drive for 12 years. Although he stays at his vacation cottage in another town for up to three months out of each year (sometimes more), 25 Pine Drive is his principal residence, where he lives most of the time. When he sells the home, Homeowner A (filing as a single individual) can keep up to $250,000 in tax-free profit.

Homeowner B buys 108 Maple Street, intending to live there. He rents it out while waiting to sell his current home, where he has lived for six years. His principal residence sells at the end of two years. Homeowner B moves into his new house, lives there for three months, and then decides to travel. After a six-month trip, he regrets buying 108 Maple Street and sells it. Even though he has owned the house on Maple Street for over two years, it won't qualify as "owner-occupied", because he only lived in it for a few months. Thus Homeowner B is not eligible to claim the tax exemption when he sells the house on Maple Street.

Consult your tax advisor for advice about your particular circumstance.

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Real Estate Trivia
Q 
What kind of home construction is considered to be the safest in seismic areas?

A 
Straw-bale homes in seismic zones have proven resilient enough to withstand the shock of earthquakes.
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John & Olivia McCormick, REALTORŪ, real estate agents and broker for Bullhead City, Fort Mohave and Mohave Valley Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

The McCormick Team
McCormick Realty

3640 Hwy 95, Suite 130
Bullhead City
Arizona 86442
928-758-4500
Toll Free: 1-800-624-5263
Fax: 928-763-1047
Bonnie Randklev: 928-754-1923
Warren Randklev: 928-754-2661
John and Olivia: JohnandOlivia@NUMBER1EXPERT.com
Bonnie Randklev: bonnierandklev@yahoo.com
Olivia McCormick : jomreal@frontiernet.net
Randy Brusso: rebrusso@hotmail.com

John and Olivia McCormick, owners of McCormick Realty, have lived in the Bullhead area since 1980. Real Estate is their specialty, beginning with subdivision development and ending with SALES! McCormick Realty is a full service office to include site analysis and feasibility, subdivision development and permitting along with general real estate. With more than 50 years of experience between them, John and Olivia McCormick and the McCormick team provide the professional services you need when investing in Real Estate.

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