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Headquarters
1137 Main Street, Route 109
Sanford, Maine 04073
Phone: 207-324-4866
Fax: 207-324-4513
Toll Free: 800-974-4866
c21samiacallcenter@century21.com

Tips for Buyers

 

 

What home-buying costs are deductible?

Any points you or the seller pay to purchase your home loan are deductible for that year. Property taxes and interest are deductible every year.

But while other home-buying costs (closing costs in particular) are not immediately tax-deductible, they can be figured into the adjusted cost basis of your home when you go to sell (any significant home improvements also can be calculated into your basis). These fees would include title insurance, loan-application fee, credit report, appraisal fee, service fee, settlement or closing fees, bank attorney's fee, attorney's fee, document preparation fee and recording fees. Points paid when you refinance an existing mortgage must be deducted ratably over the life of the new loan.

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CENTURY 21 Samia Realty is recognized by their peers for outstanding service.

  • CENTURY 21 Quality Service Award; Sanford/Shapleigh 2003,2004,2005
  • CENTURY 21 Quality Service Award; Portsmouth 2005
  • CENTURY 21 Top 10 Office in New Hampshire Award; Portsmouth 2005
  • CENTURY 21 Quality Service Pinnacle Award; Sanford 2006
  • CENTURY 21 Quality Service Pinnacle Award; Wells 2004,2005,2006
  • CENTURY 21 CENTURION® Office in 2003,2004,2005
  • CENTURY 21 Gold Medallion Office 2000,2001,2002,2006
  • Maine’s top CENTURY 21® in annual units sold for 2001,2002,2003,2004,2005,2006
  • Ranked within top 20 companies in New England in 2000,2001,2002,2003,2004,2005,2006
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 Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use  only. Dimensions are approximate and not guaranteed. All data should be independently verified.
 © Maine Real Estate Information System, Inc. All Rights Reserved.

  Information Deemed Reliable But Not Guaranteed.

© CENTURY 21 Samia Realty. Each Office is Independently Owned and Operated. © CENTURY 21 Realty LLC. CENTURY 21® is a registered trademark licensed to CENTURY 21 Real Estate LLC. Equal Housing Opportunity. Each CENTURY 21 Office Is Independently Owned And Operated.

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