Thursday, February 18, 2010
Tuesday, February 9, 2010
Paul Cardis, CEO of Avid Ratings, which conducts an annual survey of buyer preferences, identified these must-haves in new homes:
~ Large kitchens with islands
~ Energy efficiency, including energy-efficient appliances, super insulation, and high-efficiency windows.
~ Home offices
~ Main-floor master suite
~ Outdoor living space
~ Ceiling fans
~ Soaking tub in the master suite and/or an oversize shower with a seating area
~ Stone and brick exteriors rather than stucco or vinyl
~ Community walking paths and playgrounds
~ Two-car garages, but three-car garages are even more desirable
Are you looking for a home with these features? Stafford Family Realtors have a selection of Exceptional Homes that fit most or all of the above mentioned criteria. Call us today or visit www.StaffordFamilyRealtors.com to see a list of all our homes for sale.
Source: MarketWatch, Steve Kerch (01/30/2010)
Tuesday, February 2, 2010
The homebuyer tax credit is not as simple or straightforward as you might think. Here are some nuances that will affect homebuyers who plan to use it.
- To qualify for the move-up tax credit, a home owner must have occupied the same principal residence for five of the last eight years consecutively.
- Buyers can elect to claim the credit on either their 2009 or their 2010 tax return, whichever is best for them.
- Buyers who claim the credit in 2009 can’t file electronically because the Internal Revenue Service hasn’t put the required forms on line. The wait for a refund is three or four months.
- The home can be a mobile home or travel trailer that is fixed to land owned or leased by the home owner. A mobile home or travel trailer that is actually mobile doesn’t qualify.
- The home can’t be purchased from a close relative, including a parent, spouse, child, grandparent or grandchild.
- A buyer who earns no taxable income or doesn’t owe any federal income tax can qualify for the tax credit and file a tax return just to claim it.
Source: Bankrate.com, Marcie Geffner (01/21/2010)
Monday, February 1, 2010
A Russian fertilizer billionaire Dmitry Rybolovlev bought the 60,000 square-foot, oceanfront home. The property was renovated by Kendra Todd, a winner on “The Apprentice.”
Todd is said to have added lots of marble and 24-karat gold fixtures in the bathrooms.
Trump says, “ In an age of so many people getting hurt in real estate, it shows that you can still do well.”
Source: Daily Mall (01/26/2010)