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Sean & Christine Remington

Professionally represented by Sean & Christine Remington.


Email: seanremington@NUMBER1EXPERT.com
Phone: 505-307-4006
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    Sold - Robust Ridgecrest Personality! $227,000 
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Address:   923 Washington St SE    City/ST:   Albuquerque, NM   Zip Code:   87108  
Location:   42 - UNM South   Property Type:   Single Family Home   New or Resale:   Resale   
Square Footage:   1525   Bedrooms:   3   Bathrooms:   1 full, 1 3/4 baths  
MLS#   676214  

Remember when you were growing up and neighborhoods had robust personalities, mature trees, yet the location was bicycling distance to shopping, restaurants, nightlife, and everywhere you need to be? Rewind to that time with this timeless and well-loved Ridgecrest home rich with modern features! Discovered on a desirable corner lot this home offers beautiful hardwood floors, thermal windows, refrigerated air, tasteful colors, and A HUGE MASTER SUITE. No sacrificing the 2-car garage here!



Last Updated: 5/24/2010 1:25:51 AM
Listing Agent and Office:  Sean Remington, Prudential Sandia Real Estate

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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 
What famous American monument is also the world's heaviest statue?

A 
The Statue of Liberty, officially named "Liberty Lighting the World", weighs 54.31 million pounds.
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Sean & Christine Remington, REALTOR®, real estate agent and broker for Rio Rancho, Corrales and Albuquerque, New Mexico home listings, property and land for sale - NUMBER1EXPERT

Sean & Christine Remington
Prudential Sandia Real Estate

6739 Academy NE, Suite 200
Albuquerque, NM 87109
Sean: 505-307-4006
Christine: 505-977-2004
Fax: 888-291-7121
Sean's Email: Sean@SeanRemington.com
Christine's Email: ChristineRNM@gmail.com

Don't leave such important decisions in the hands of just any real estate agent. Trust one of New Mexico's Top Real Estate Teams who makes it look fun and easy; Sean & Christine Remington. Having gone the extra mile to pursue extended education in real estate coupled with a heavy volume of experience ensures that when choosing to work with Sean & Christine - you have made the right choice.


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