You should not need to pay an arm and a leg just to guard your car and your finances in case of an accident, though.
The tax legal guidelines assist you to exempt from taxes a achieve of as much as $250,000 ($500,000 if married filing jointly) whenever you promote your foremost dwelling. I do know within the OP's case the home is joint, but I would hate to consider others studying this, who believe their husband's can promote their house out from beneath them, if the house is in his sole name, Maryland law referral program which is utter garbage.
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My spouse and I just bought a home (my first buy), Kansas marketing for lawyers and we're able to sell our present.