|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 530-896-9345.
|
Get Free Presentation On Our Home Marketing.
Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed.
Find Out More >
View All Offers >
|
 Compare three
mortgages at one time. Download TripleCalc now. It's free. |
|
|
|
Quickly Find Out What that Home Down the Street Sold For, By Email, for Free. If you are considering selling your Chico, Forest Ranch and Butte Valley, California home, you are probably wondering what other homes in the area are selling for. There might be one home in particular that you'd like to know the sale price on, or you might be interested in all the homes that have sold recently in your Chico, Forest Ranch and Butte Valley neighborhood. We can help! We can tell you exactly what any home sold for in your area. We will furnish you with a list of homes that have recently sold on your street or in your neighborhood. We can also tell you about homes similar to yours that are currently for sale. This service is entirely free, without obligation. As top Chico, Forest Ranch and Butte Valley real estate agents, this is part of the service that we provide to home sellers on a daily basis.  Find out what a home or property sold for, by email, for free! It's our job to help you determine real estate values in Chico, Forest Ranch and Butte Valley! There's no obligation, and we promise to get back to you quickly...
 |
Tax Considerations >Tax Breaks
Most homeowners are keenly aware of the interest tax deduction on their home loan, but there are many other tax breaks which are often overlooked at income tax time. Pro-rated property taxes and mortgage interest in the year of sale are deductible. You will find these amounts listed on your closing settlement statement. If you paid off your mortgage and had to pay a pre-payment penalty, it qualifies as tax deductible interest. If you paid an "acquisition mortgage loan fee" on a home loan, this fee can be deducted as itemized interest. Home improvement loan fees are also deductible. Any remaining loan fees from re-financed or paid-off mortgages are fully deductible at the time of the mortgage payoff.
Certain items don't qualify as deductions, but can be added to the cost basis of your home, such as transfer taxes, recording and title fees, and special local property tax assessments for new sidewalks, streets, or sewers.
Don't be intimidated by the tax code! A little research or consultation with an expert can help you maximize your real estate tax advantages.
|
|
| Q |
What is the most expensive piece of property ever recorded?
|
| A |
In October 1988, the Mediya Building in central Tokyo was quoted at 358.5 million yen ($248,000) per square foot.
|
 See More Real Estate Trivia > |
|
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
