Albuquerque real estate and homes for sale in New Mexico - Don and Geri Padilla, REALTORS® Don and Geri Padilla REALTORS(r) for Albuquerque, New Mexico real estate - NUMBER1EXPERTS™ Don and Geri Padilla NUMBER1EXPERTS(tm) for Albuquerque, New Mexico real estate
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Don and Geri Padilla, REALTORŪ, real estate agent and broker for Albuquerque New Mexico home listings, property and land for sale - NUMBER1EXPERT(tm)
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We Couldn?t Have Been More Pleased!
The sale of our home was handled very professionally and efficiently.
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About Don and Geri Padilla?: Albuquerque New Mexico home buying, real estate listings, and homes for sale in Bernalillo                     County, NM
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Meet Don and Geri Padilla
 

Don & Geri are the essence of Albuquerque and Santa Fe. Both New Mexico natives, they are an easygoing couple who are proud to be a vital part of this city. Whether they are skiing in the nearby mountains, biking down the local roads or putting their energies into volunteer efforts for the community, Don & Geri know it is rewarding when you take advantage of this great lifestyle. 

The Essence of Teamwork
As real estate professionals, Don & Geri especially enjoy helping others. They know these cities well and are recognized as a powerful and skilled team who get results for your home purchase or sale. They are an example of the characteristics of Albuquerque and Santa Fe - friendly, warm and looking toward the future. Whatever your home buying or selling needs are, Don & Geri are Albuquerque's results team. 

Strong Financing Experience
When you know how Don & Geri met, it is not surprising that they work well together. After earning her master's degree, Geri interviewed for a banking position and was hired by the manager, Don, who has a degree in economics. Both bank managers, they processed real estate loans and were involved in all areas of mortgage banking. Three years later they married and began using their loan knowledge in a new industry - real estate - and they never looked back.
 


You can rely on getting results when you work with Don & Geri Padilla- they are Albuquerque's results team!

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Real Estate Tips
Tax Considerations >Your Tax Free Profits

Significant tax reform legislation was signed into law with the Taxpayer Relief Act of 1997. This legislation replaced both the one-time $125,000 tax-free exclusion for homeowners aged 55 and older, and the "rollover" deferment of capital gains tax requiring the purchase of a replacement home of higher or equal cost within two years of the sale of your principal residence.

With this change, a married couple filing their taxes jointly pays capital gains taxes only on that portion of home sales profits that exceeds $500,000. Single taxpayers, heads of households, and married persons filing separately may exclude up to $250,000. The exclusion is available for all sales of homes that occurred on or after May 6, 1997. Homeowners can use this tax-free provision every two years.

You are allowed to keep these tax-free profits only if you have owned and used the home as your principal residence for two out of the five years prior to the sale of the property. Although the regulations do not require continuous occupancy, the IRS specifies that your principal residence must be the home you use for the majority of time during the year. Consult your tax advisor about your personal circumstance.

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Real Estate Trivia
Q 
What is currently the most technologically advanced way to vacuum your home?

A 
The self-propelling Dyson DC06 scans and maps a room with sensors and is controlled by built-in computers that prevent it from falling downstairs.
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Don and Geri Padilla, REALTORŪ, real estate agent and broker for Albuquerque New Mexico home listings, property and land for sale - NUMBER1EXPERT(tm)

Don and Geri Padilla
RE/MAX Masters

6705-A Academy Rd
Albuquerque, New Mexico
87109
505-275-3615
Toll Free: 800-753-2782
505-883-8979
Fax: 505-883-9244
Email: dongeripadilla@cs.com

Don & Geri know how to get results for your American Dream of owning a home. From the first-time buyer to the relocating family to the seasoned investor, they have the skills to help you plan for the future through real estate. They listen carefully to your goals to completely understand your individual needs, and they are easy to talk with.


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RE/MAX Masters real estate and homes for sale in Albuquerque New Mexico

RE/MAX Masters real estate and homes for sale in Albuquerque New Mexico



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