Get a positive, helpful partner for buying or selling a home:
- The Knowledge source for buying and selling
- Innovative marketing strategies
- Expertise about neighborhood features
- Ability to target home searches
- Strong negotiation skills
- Support through the closing and beyond
International Sterling Society Award Winner
Do you want to know what your home is worth?
Click here for an instant market analysis.
Your Local Real Estate Connection
Featured Properties
Recent Sales
$427,500
3
2
Brookfield, IL
beds
baths
$500,000
3
3.5
Clarendon Hills, IL
beds
baths
$503,000
4
3
Westmont, IL
beds
baths
$1,047,000
4
5
Oak Brook, IL
beds
baths
Closing Costs and Moving Expenses tax deductible
Most expenses at closing on the purchase or refinance of a home are added on to the cost of you home and not are tax deductible. Only the following would be deductible:
1. Interest paid at the time of purchase ( the charge at closing up to the first payment date).
2. Real Estate taxes charged to you and not reimbursed by seller.
3. Points or origination fees. On a refinance they need to be amortized over the life of the loan unless the points were used to improve your main home.
4. Private mortgage insurance costs but, if prepaid, only the amount allocable to this year based on an 84 month amortization
Title fees, real estate commission, transfer stamps, credit report costs, costs for an ab…
