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Lee Wilbanks And The W.R.E.C. Group is one of The Top Selling Real Estate Experts™
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Welcome > Agent Info > Lee Wilbanks And The W.R.E.C. Group's Resume ...

Our Experience, Credentials, Track Record, and Awards

My application for employment with YOU:

Name: Lee Wilbanks

Company: RE/MAX Alliance

Position Desired: Exclusive Marketing Representative For You.

Date Available: Immediately!

Personal Background: 30-year Livonia, Novi and Northville resident. Married with 3 children.

Real Estate Experience: 28 years full-time experience, 3rd Generation Realtor.

Real Estate Training: Extensive Mortgage Background

Real Estate Designations: Prestigious CRS, DGA, ABR, RECS, Professional Standards, Presidents Club, Top 10% Club. Lifetime Achievment Award, Top Producer, Chairman's Club, Honored Professional of "Who's Who" in Executives in Business, Hall of Fame and Platinum Member.

Real Estate Affiliations: WWOCR, NAR, MAR, Transferee Relocation Specialist.

My Pledge of Service: The agent you select to help you purchase you home can make all the difference between success and failure. If you select me to represent you, I will provide the necessary expertise and effort to produce the best possible results for you. Proven performance not broken promises!

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School Reports in Livonia, Novi and Northville, Michigan

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Tax Considerations >Tax Rewards for Homeowners

The Federal Tax Code has significantly improved the American taxpayer's ability to profit by selling a principal residence. Prior to 1997, homeowners could take advantage of a tax benefit termed the "rollover", which granted exemption from capital gains taxes on the net profit from the sale of a home. Homeowners who used profits to purchase a bigger and better home did not have to pay tax. And homeowners over the age of 55 were given a once-in-a-lifetime exclusion from taxes on profits of up to $125,000 on the sale of their principal residence.

Compare those tax breaks with our current, streamlined and potentially more profitable arrangement that replaced both the rollover and the one-time exemption. If you are a married home-seller filing jointly, you may enjoy up to $500,000 in tax-free home sale profits, provided you have occupied the property as your principal residence during two of the last five years. Taxpayers who file singly get a $250,000 capital gains exclusion. Homeowners are eligible to exclude capital gains on the sale of a principal residence as often as once every two years.

The law allows capital gain exclusions whether you "buy up" to a more expensive home or "buy down" to a less expensive one. The tax-free dollars can be used in any way you want. Consult your tax advisor for detailed advice about your particular circumstance.

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Q	What is the least affordable metropolitan housing market in the United States?
A	California's Los Angeles-Long Beach-Glendale is currently rated as the most expensive metro area in the nation.
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Lee Wilbanks And The W.R.E.C. Group, REALTOR®, real estate agent and broker for Livonia, Novi and Northville, Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Lee Wilbanks And The W.R.E.C. Group
RE/MAX Alliance
Direct: 734-432-9342
Toll Free: 866-4WILBANKS
Cell: 734-635-2390
Fax: 734-432-9943
Office: 248-784-4100
Email: wilbanks@leewilbanks.com
Email: wilbanks@thewrecgroup.com
Lee Wilbanks is a 3rd generation Realtor. Lee's many accomplishments include: the Prestigious CRS, DGA, ABR, RECS, SRES, Professional Standards, Presidents Club, Chairman's Club, Top 10% Club, Life Time Achievement Award, Top Producer, Honored Professional of "Who's Who" in Executives in Business, Hall of Fame and Platinum Member. You can visit Lee at his web site or email him. Lee has lived in the Livonia, Novi, Northville and Farmington area for the past 30 years. He is married and has three children. To buy or sell call the RE/MAX Realty professional LEE WILBANKS.

www.leewilbanks.com is brought to you by Lee Wilbanks And The W.R.E.C. Group
NUMBER1EXPERT™ in real estate for Livonia, Novi and Northville, Farmington Michigan

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