Real Estate Agent
- 434 E Palatine Rd
Palatine, IL 60074
Welcome to Showy Properties.com
Our mission is to help you in finding the best home for the various stages of your life. Whether it is a rental home in a convenient location to ease your commuting stress so that you can have more time doing what you enjoy, a house for your young family to grow up in, or perhaps an excellent school district that offers an outstanding education, a down(right) sized home for empty nesters or an income generating property.
Showy Perry is a licensed real estate Broker, property manager and has corporate management experience for over 25 years.
Welcome to my Website
Searching for your next home? Try our state-of-the-art map search – with it you can quickly search the entire market. Simply type the address, city, MLS ID, or just hit the search button to get started. The large format map allows you to click and drag, zoom in and view detailed information and photos for all properties currently listed on the MLS.
Selling your home? No other website in the market will showcase your listing with up to 50 high resolution photos! In addition to advertising your property on my own website, I syndicate your listing to other real estate websites across the web.
Whether you are selling your home, searching for your next home, or have any questions about the process – I look forward to helping you!
Should I look for a new home before or after selling my current home?
You can always look for your new dream house while you sell your current house. However, it is better to sell your current home before you buy your new dream home if you do not have enough cash to put 20% down and enough funding to carry an additional mortgage for however long.
Showing activity may stop once the house is on home sale contingency because the seller is then being held hostage by the buyer. Many deals fell through during the housing crisis so now most sellers do not allow home sale contingency. Even if you, the seller, agrees to this the length of time should not exceed 72 hours.
If you sell your home and there is no suitable house in the market for you then you should rent until you can find or build the house that you desire. You have two years to do this without paying tax resulting from the appreciation of your house value.
Benefits of home ownership
Your primary residence’s mortgage interest and real estate tax are deductable when filing income tax. Even though home values are generally down from the height of the market some area’s real estate taxes have gone up. These could be substantial tax savings for people that are in the higher income bracket. Depending on your income level the deduction can be gradually phased out.
People who lived in their primary residence and have seen their home values appreciated will be able to take homestead exemptions when they sell their homes. You can make up to $250,000 profit for individual or $500,000 for married couple without paying tax.
Always check with your CPA regarding tax saving benefits.