Frequently Answered Questions

We want to make sure we have the most educated buyers and sellers in the area. This page answers questions that we receive most often from our clients. If you ever have a real estate question please call us or email us and we will try to get you the answer.

Section 1 provides answers to just about every question that a buyer, seller, investor or homeowner would have about real estate in general.

Section 2 has answers from the IRS to the tax questions that most buyers, sellers, investors or homeowners ask me the most.

Section 3 has links that we use over and over again. This section has information and links to community information, utility companies, school districts, school report cards, transfer tax information and much more.

Section 4 will help you get around Lake County and the Chicago area.

If you have any questions or would like to make an appointment call Cassandra at 847-990-3131 or Linda at 847-990-3121 or  email us.

Section One- General Real Estate Questions Answered

Section Two - Most Common Tax Issues Concerning Real Estate from the IRS Site
Sale of Your Home
What You Can and Cannot Deduct
Tax Information for First-Time Home Owners
Residential Rental Property
*Note the IRS changes things frequently (imagine that!) so if the link is inactive they have probably moved it again

Section Three - Most Frequently Used Links
Chicago Area Transfer Tax Guide - Find out what towns charge a transfer tax
Illinois Department of Financial & Professional Regulation - Regulates Realtors
Phone Numbers for Local Utilities and Municipal Services - Very handy
Post Office Web Site - Zip Codes, Change of Address Forms, Post Office Locators, and More
Illinois School Report Cards- Very popular link with test scores and much more
Community Guide- Comprehensive guide to the Chicago area exclusively offered by Coldwell Banker
Mortgage calculator - Simple calculator to figure monthly payments

Section Four - Getting Around
METRA- Train Service for the North Shore, Northwest Suburbs and surrounding Chicago suburban communities includes routes, schedules fares, etc.

IDOT- The Illinois Department of Transportation provides traffic and road construction information

Pace Bus - North Shore, Northwest Suburbs and Chicago area bus service includes routes, schedules fares, etc.

Chicago Airport Information- Get the latest flight information at Chicago's two airports

Milwaukee Airport Information- Milwaukee's Mitchell Field can offer an alternative to Chicago's airports especially for the Northern Suburbs and Lake County