Gold Coast, Roscoe Village and Edgewater Illinois real estate listings, home buying, selling and relocation information

Gold Coast, Roscoe Village and Edgewater real estate and homes for sale in Illinois, Luxury, Investment - The Mike Frank Team, REALTORS®

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The Mike Frank Team, REALTORŽ, real estate agents and broker for Gold Coast, Roscoe Village and Edgewater Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

All agents are NOT alike! Find out more about The Mike Frank team and our service commitments to you. Call us now at:773-770-7300.

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Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed.
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"This was our 2nd transaction w/Mike..."
"This was out 2nd transaction w/Mike, & he was wonderful to work with this time around too. Would not work with anyone else in Chicago!"
Delane and Anthony Haro
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Compare three mortgages at one time. Download TripleCalc now. It's free.

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The Mike Frank Team are some of The Top Selling Real Estate Experts™
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Resources: Gold Coast, Roscoe Village and Edgewater Illinois home buying, real estate listings, and homes for sale in Cook County, IL

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REAL ESTATE RESOURCES:

	Special Offers: Special offers for Gold Coast, Roscoe Village and Edgewater homeowners from The Mike Frank Team, top Realtors
	Affiliates: The Mike Frank Team's real estate web site affiliates
	eNewsletter: The Mike Frank Team's Gold Coast, Roscoe Village and Edgewater newsletter email will send you the latest real estate information
	Today's Real Estate News: Daily real estate news for this neighborhood, Illinois, and United States
	Market Conditions Report: Market conditions report for this area, Illinois, and United States
	Monthly Payments & Schedule: Monthly loan payments java mortgage calculator
	How Much Can You Afford?: Calculate how much home you can afford with this financial calculator
	Determine Tax Savings: Calculate how much your monthly Gold Coast, Roscoe Village and Edgewater Illinois mortgage payments save you on your taxes because of loan interest
	Should You Rent or Buy?: Is it better to rent a home in Illinois or buy your own Gold Coast, Roscoe Village and Edgewater house, ranch, luxury property, condominium, acreage, or other real estate?
	Adjustable Rate Mortgages: Adjustable rate Gold Coast, Roscoe Village and Edgewater mortgages information and interest rate java calculator
	What Is Your APR?: Determine the Annual Percentage Rate (APR) for your mortgage.
	Fixed or Adjustable Rate Mortgage?: Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.
	Are Balloon Mortgages For You?: Balloon mortgage calculator. A balloon mortgage can be an excellent option for many home buyers.
	15 vs. 30 Yr Mortgages: With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms.
	How Much Should Your Income Be?: What income is required to qualify for a mortgage? Use this calculator to find out.
	What's Your Maximum Mortgage?:This calculator will help you determine your maximum monthly housing payment and the resulting mortgage amount.
	Will Buying Points Save You Money?:This calculator helps you determine if you should pay for points, or use the money to increase your down payment.
	TripleCalc: FREE Software Download: TripleCalc lets you compare three loans at one time for your property or other Illinois real estate
	Top National Real Estate Web Sites: Real Estate Web Sites that include some unique sources of realty information, listings, and more
	Ask Anything: Ask The Mike Frank Team anything real estate
	NUMBER1EXPERTS: List of all the NUMBER1EXPERT real estate agentss and realty professionals and brokers in the USA and Canada with links to their personal web sites with homes for sale
	Real Estate Tips: The Mike Frank Team's realty library of real estate tips and advice on everything from preparing your home for sale to negotiating with home buyers to escrow, closing costs, property inspections, and mortgage brokers
	Real Estate Trivia: The Mike Frank Team's collection of real estate trivia questions and answers that include real estate topics such as the most expensive home, largest swimming pool, and more
	Real Estate Dictionary: Complete real estate dictionary and glossary of realty words you'll use when you list and sell your Gold Coast, Roscoe Village and Edgewater property in Illinois, including legal terms definitions, and more

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Tax Considerations >Tax Implications of Selling Your House

Most of my clients profit from selling their homes, and they often have questions about capital gains tax. When you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. Gains above these limits are taxed at the current rate of 15% for higher income taxpayers and 5% for lower income taxpayers. In 2008 the 15% rate will continue for higher income taxpayers; while the 5% lower income rate will drop to 0% for the 2008 tax year only. On January 1, 2009, the long-term capital gains tax rates will once again be 15% and 5% through 2010. Homeowners can use this tax-free provision every two years. As set forth in the American Job Creation Act of 2004, properties converted from a 1031 exchange property into a primary residence must be held and used as a primary residence for at least five years to qualify for the tax exemption. Consult your tax accountant for more detailed information regarding your particular circumstance.

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Q	What famous antebellum mansion was known as the "Queen of Tennessee Plantations"?
A	Belle Meade Plantation was a prosperous 5,400-acre thoroughbred horse farm in the mid 1800's. The Civil War Battle of Nashville was fought in its front yard.
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The Mike Frank Team
Keller Williams Lincoln Park
2106 N. Clark St.
Chicago, IL 60614
Cell: 773-251-8963
Direct: 773-770-7300
Fax: 206 888-2876
Email: mikefrank@kw.com
Mike is a knowledgeable, experienced realtor and consistent top producer who puts the needs of his clients first. During his 10 years of professional experience in the consulting industry prior to obtaining his real estate license, Mike learned how to listen to his clients, quickly identify their main objectives, problems and priorities and deliver solutions that exceeded their expectations. He has been using the same approach successfully with his real estate clients for almost 10 years. Mike utilizes his extensive market knowledge, cutting edge technology, and proven negotiating skills to assist sellers and buyers in obtaining the best possible price and making their transactions smooth and worry free. Mike specializes in helping his clients buy and sell luxury condos, single-family homes, and residential investment properties in Chicago in the River North, Gold Coast, Roscoe Village, Edgewater, Lincoln Park, Lakeview, Lincoln Square, Ravenswood, Bucktown and Uptown areas. He is consistently ranked in the top 5% of all Chicago Realtors. Call Mike now for more information and expect a quick response!

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