Schaumburg, Streamwood, Bartlett, real estate and homes for sale in Illinois, Northwest Chicago residential homes and single family homes - Susan Camiliere, REALTOR® Susan Camiliere REALTOR(r) for Schaumburg, Streamwood, Bartlett, Illinois real estate, Northwest Chicago residential homes and single family homes - NUMBER1EXPERT™ Susan Camiliere NUMBER1EXPERT(tm) for Schaumburg, Streamwood, Bartlett, Illinois real estate, Northwest Chicago residential homes and single family homes
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Susan Camiliere, REALTORŪ, real estate agent and broker for Schaumburg, Streamwood, Bartlett, Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

All agents are NOT alike! Find out why I am a top real estate expert. Call me: 630-539-7355.



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Susan wins coveted Chairman’s Award for 2002, 2003 & 2005 and was in top 40 for years 2005, 2006, and 2007 of approximately 4000 agents!


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Real Estate Tips
Tax Considerations >Tax Deductions

Here is a question which is often asked about real estate sales: which home loan fees are deductible for income tax purposes? It is good to know the answer to this question before you sign on the dotted line. It may influence which loan you will choose. Loan fees for certain services are not itemized on your fee statement, but are grouped together into a single category.

The most obvious deductible fee is the loan fee paid to acquire a mortgage for a principal residence. The IRS recently ruled that the buyer could deduct the fee in the first year, even if the seller paid it! Other deductions include pro-rated property taxes and mortgage interest. On these items, the buyer may only deduct their share.

Most of the other closing costs are not deductible, but you may add them to your home's adjusted cost basis when calculating appreciation. Among these costs are appraisal, attorney, and inspection fees, as well as title, recording and notary fees. Fire insurance fees are neither deductible nor do they figure into the cost basis. If you are not sure which fees are deductible, consult a professional tax advisor.

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Real Estate Trivia
Q 
From 1974 to 1996, what was the world's tallest habitable building?

A 
The Sears Towers, headquarters for Sears, Roebuck & Co., with 110 stories and 1,454 feet high.
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Susan Camiliere, REALTORŪ, real estate agent and broker for Schaumburg, Streamwood, Bartlett, Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Susan Camiliere
RE/MAX Central Inc.

Direct: 630-539-7355
Fax: 630-307-1002
Email: susanc@susanchomes.com

Everything you need to know about buying or selling a home can be found here on my Web site! As the preeminent real estate professional in my community, I am dedicated to providing the finest service available while breaking new ground. I believe communication is key! Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game. I go the extra mile to help you achieve your goals. That's why I constantly research the market and property values so your home is priced effectively from day one. I also make sure the public knows your home is for sale by using innovative advertising and marketing techniques to attract potential buyers. Call or email me today!


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