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Welcome! We're happy you're here.
We frequently update this website to make it a great source for the latest real estate information in Chicago's Northwest Suburbs, Barrington and Inverness, Illinois.
 

Our goal is to make www.TheLubyGroup.com your primary real estate resource for Chicago Chicago Northwest Suburbs, Barrington, Inverness and Palatine, Illinois. So grab your mouse and get ready for a wealth of information.

As long time residents of the Chicago Chicago Northwest Suburbs, Barrington, Inverness and Palatine areas, we look forward to sharing our knowledge of the Chicago and Northwest Suburban Real Estate Markets. Our unique approach offers fully integrated Marketing Services with a High Tech, yet Personal Touch.

Some highlights of our website include: our featured listings, local listings and a local information section providing Village and Town data, maps, community reports and resources along with useful links for entertainment, theater, recreation and so much more.

Because area schools and education are often a top consideration in the home buying or selling process, our website also offers extensive school reports about the outstanding districts in the Barrington and surrounding suburban areas. We are very proud of our children and the education they receive at all of our local schools. For more specifics, we've provided a link to
the Barrington Community
School District 220.

Our business is based largely on referrals from past clients, both Buyers and Sellers, with varying needs and price ranges. While holding ourselves to the highest professional and ethical standards, we will strive to help our clients make prudent real estate decisions and in the process prove worthy of their trust, so that we may become long term advisors. Our mission is to provide superior service based on our knowledge, experience, integrity and expertise.

Please Contact us today to learn more about The Luby Group's sucessful, unique and proven approach to top quality real estate service.

Our Areas of Expertise

  • Chicago & NW Suburban Real Estate
  • New Construction
  • Luxury Homes
  • Corporate Relocation
  • Vintage Village Homes
  • Equestrian Properties
  • Investment Properties
  • Seniors & First Time Buyer Counseling
  • Innovative & Aggressive Seller Marketing


Education & Designations


Our Areas of Expertise

  • Chicago & NW Suburban Real Estate
  • Ranked Top 1% Nationally Since 1998
  • Top 100 Chicagoland Agents
  • Nearing 100 Million in Sales in the Last 5 Years
  • Ranked #1 in Sales, Volume and Units Sold in 2007
  • Sold Nearly 30 Million in 2007
  • 20+ Years Experience in Real Estate

Chicago Northwest Suburbs Relocation and Homes for Sale
Barrington Relocation and Homes for Sale
Inverness Relocation and Homes for Sale
Palatine Relocation and Homes for Sale
Arlington Heights Relocation and Homes for Sale




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.

See All Tips In The "Tax Considerations" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What is the legal term used to describe the right of the U. S. government to condemn private land for public use?

A 
Right of Eminent Domain allows the government to confiscate private land by paying full market value for the property.
See More Real Estate Trivia >


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The Luby Group, REALTOR®, real estate agent and broker for Chicago Northwest Suburbs, Barrington, Inverness and Palatine, Illinois home listings, property and land for sale - NUMBER1EXPERT

The Luby Group - Suzanne & Liz Luby - IL Licensees
Coldwell Banker

530 North Hough Street
Suite 180
Barrington, IL 60010
Suzanne: 847-922-7773
Liz: 847-691-3150
Office: 847-277-2777
Fax: 847-382-4990
Luby@TheLubyGroup.com

Suzanne and Liz Luby begin each client relationship with a simple commitment to superior service. With more than twenty years of experience in the Barrington, Inverness and Chicago Northwest Suburban markets, Suzanne and Liz Luby offer home buyers and sellers expert real estate guidance based on the highest professional and ethical standards. The Lubys believe their business is about building lasting relationships through communication, trust, knowledge and expertise. Their team approach has consistently ranked them among the top 100 of Coldwell Bankers’ Chicagoland agents, and top 1% nationally.

CRS GRI ABR SRES REALTOR MLS Equal Housing


Coldwell Banker real estate and homes for sale in Chicago Northwest Suburbs, Barrington, Palatine, Arlington Heights, Illinois

Coldwell Banker real estate and homes for sale in Chicago Northwest Suburbs, Barrington, Palatine, Arlington Heights, Illinois

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