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All real estate agents are NOT alike! Find out why the 6 experienced members of The PEDERSON TEAM are top real estate experts. Call us: 877-692-5253.
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We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
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Welcome! Here You Can Find Great Information on Crosslake, Brainerd Lakes Area and Whitefish Chain of Lakes, Minnesota Real Estate  Directions to our building:
RE/MAX Lakes Area Realty is located in the heart of Crosslake at the intersection of County Road #66 and County Road #3, in the log building across County Road 66 from the Corp of Engineers Federal Campground. 35548 Co. Rd. 66, Crosslake. Looking for homes? Search everything the web has to offer, right here! Don't miss our Feature Homes. Selling a home? When you list your property with us... WE LET THE WHOLE WORLD KNOW! Your property will be entered on serveral of our web sites and enhanced and featured on the #1 real estate site, REALTOR.com to reach the most BUYERS for your property! Your property is not only entered into our Greater Lakes MLS, but also entered into the Northstar (Twin Cities) MLS, promoting your property to 16,000 REALTORS in Minnesota and Western Wisconsin! Need local real estate information? We've summarized much of what is important about the Crosslake, Brainerd Lakes Area and Whitefish Chain of Lakes real estate market in this site. Need expert advice? No web site, large or small, can take the place of a top real estate agent. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job. Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR real estate agents. As your trusted, professional real estate partners, we 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. Buying and selling a home is one of the biggest events in your life. As top Crosslake, Brainerd Lakes Area and Whitefish Chain of Lakes real estate agents, we have the experience and track record you are looking for. Please let us help. - The Pederson Team |
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Tax Considerations >Capital Gains Exemptions Home sellers are always interested in their tax deduction options. If you recently sold a home without meeting the basic ownership and use criteria for waiving capital gains tax, you might still be able to claim reduced exemptions if you meet certain other criteria.
Homeowners who had to sell because of a change in place of employment can qualify for reduced tax. You must prove that the job change occurred while you owned and used the home as your primary residence, and that your new job is located at least 50 miles farther from your residence than your previous place of employment.
A reduced exclusion from capital gains tax may also be granted for health reasons. If your motivation for selling your house was to obtain diagnosis, treatment or cure for a disease or injury to you or a family member, you can apply for an exclusion. Unforeseen circumstances such as death, unemployment, divorce or natural disasters may also reduce your capital gains tax. Consult a tax professional for advice about your unique circumstance.
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To what process do the terms closing, escrow, settlement and passing papers refer?
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| A |
These terms, which vary in different parts of the country, describe the conclusion of a real estate sale. |
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- NUMBER1EXPERTS™ 
