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Gordon and Lioni McDonald:
We started our search for a home in Los Angeles, while we were living in Connecticut and by sheer chance, found Maureen through her website. We can still not believe our luck in finding such a wonderful and knowledgeable Real Estate Agent! Maureen knows Palos Verdes and the South Bay like the palm of her hand. She is very professional, yet very personable and also has the ability to size up her clients and show them what they are looking for. She helped us to find our lovely home in Rancho [...]
Bruce and Kathy Everett
Having new grandchildren in southern California, we decided to move from Washington DC to the Palos Verdes Peninsula. We first met Maureen in January, but were not yet ready to purchase a home until we sold our DC house. Maureen spent months helping to educate us on the various communities on the Peninsula and the housing market there. With Maureen’s extensive knowledge, we were able to narrow our search to a few communities that best fit our needs. Maureen was well connected and was able to get us in homes as [...]
John Tierney:
Maureen Megowan was a very helpful and knowledgeable realtor. This was my first time buying a home and needed a lot of help understanding the process. Maureen was right there by my side to help me with all my question and to walk me through the entire process. Maureen was always on top of everything that needed to be completed quickly. I would recommend Maureen to any one that is looking to buy or sell a property.
Sunni McBride:
I never understood how complex the job of being a realtor could be until I worked with Maureen Megowan. She worked tirelessly to assist me before, during and after the sale of my home and the purchase of my new home. It took a month to prepare my home to be put on the market. She orchestrated the remodeling and staging of my home so that it showed like a jewel. Closing the sale required a delicate dance. She was the force which made it all happen. The purchase of my [...]
Evelyn Barri:
Maureen is an unbelievable agent. All questions I asked were answered with great knowledge & in the speed of light! Pressure is no problem - she worked under a lot of duress, as my home had sold & I had very little time to find a new place. Then we had a 7 day escrow. Most agents would not even try to do that. Especially since the sellers were in no rush & she worked magic in getting them to respond & keep the pace going. In short, Maureen is a [...]
Vivian Price:
I was very fortunate to work with Maureen Megowan to purchase a home. She is extremely knowledgeable and easy to work with, and committed to excellent service. She was always available by text, phone, and email, and responded to my interest in open houses on short notice. She also kept me updated on houses of potential interest and accompanied me to these as well as the open houses. Maureen was untiring in her zeal to find me a home! When we found my dream house, it turned out to be a [...]
Torye Kambe:
I contacted Maureen Megowan to list my parents' home in Rolling Hills Estates. I personally live out of state and my parents are elderly, so the idea of selling a home in a declining real estate market was overwhelming to them. Maureen immediately took control of the situation. Her first step was to evaluate the home and come up with an aggressive marketing plan which involved a thorough decluttering of the house, repair, renovation and staging. Maureen works with a team of professionals who assisted her in totally transforming my parents' [...]
Juneffer Gambin:
Maureen was a great asset in both the buying and selling process of our homes. We were able to compete with a cash buyer and a bidding war because of Maureen's impeccable reputation and negotiation skills. She gave us great advise that eventually made the seller pick us over other buyers. My family now enjoys the house we live in tremendously. We also used Maureen in selling our home and was able to get offers within the first open house. She showed our house very well and even gave us design [...]
Liz V:
Maureen is an exceptionally dedicated and thorough real estate agent. As a first time buyer she guided me and my husband through every step of the home-buying process and met us at countless appointments until we found the place just right for our growing family. Her patience and support throughout the process was invaluable. Maureen also helped us keep an open mind when reviewing different properties by sharing her design expertise on how a home could be tweaked to match our personal style. She has a deep roster of painters, handymen, [...]
Don Christy:
Maureen did a great job in selling our family home, The Vanderlip Cottage. Her knowledge of the Portuguese Bend area and its history made her the easy choice in choosing a real estate agent. Maureen went well above and beyond what one would expect of a Realtor, and her creative marketing of The Cottage received accolades from the brokerage community. I strongly recommend Maureen to anyone looking for a professional, dedicated and friendly Real Estate agent to sell your home.
Patricia Henderson:
Maureen did an excellent job selling my mom's home. Right from the start she offered ideas for staging the rooms and improving the lighting. She was very familiar with other homes in the area so she could suggest a fair selling price. Once our home was listed Maureen really was terrific. She had many open houses for us, dealt with all the inspections, and most of all returned every one of my panicked phone calls very quickly. Maureen is a wonderful realtor and a good friend.
Nancy Cumming:
Maureen and Bruce were absolutely fantastic during very difficult buying and selling transactions. We ran into highly unusual difficulties as they never wavered in their dedication to get my project finished. Even with deal-breaking circumstances, they steadfastly remained focused on finding a solution and completing the sale. I never felt alone during this trying time. They are highly knowledgeable and have extensive contacts to explore any problems that might come up during the escrow. Taking Maureen's decorating and pricing advice resulted in multiple seriously above asking offers in just a few [...]
Louise Loughran:
If you are looking for someone to navigate real estate anywhere in Palos Verdes, look no further. Maureen and her husband Bruce know the ins and outs of the peninsula - both buying and selling real estate. I can honestly say that we are living in our dream house in Palos Verdes Estates because of Maureen. Whatever could go wrong did go wrong. We had another bid ahead of us, we had a challenging time in escrow, but Maureen's know-how and cool level head kept us on track and we could [...]
Sharon and John Rizzi:
Maureen Megowan is hands down the most dedicated agent I have had the pleasure of working with. From our first 3 hour introductory drive getting to know the different areas and clarifying our needs as a family, to the professional business woman clinching the right house on its first day on the market. She held our hand through several inspections, even meeting with people when we were not available. If that was not enough, she drove out of PV to give advice on our then current house that would need to [...]
Income and Tax Issues
CAPITAL GAINS ON SALE OF RESIDENCE: The Federal capital gains rate for long-term (property held for more than 1 year) capital gains for the sale of real estate for most tax payers is 15% (See Capital Gains Rates for a discussion of Federal capital gains tax rates, particularly the 28% rate for depreciation recapture). Capital gains in California are taxed at ordinary income tax rates (up to 13.3%). For the sale of a personal residence, if it meets certain requirements (see the links below), up to $500,000 of the gain ($250,000 [...]