Carmel Mountain Ranch 5 Bedrooms Panoramic View Home

Panoramic Views and Beautiful Sunsets from this 5 Bedroom 3.5 Bath Carmel Mountain Ranch Home. Over 3400 Square Foot Home, Built 2000, A Full Bed & Bath on 1st floor. Gourmet  Kitchen enjoys a Island Breakfast Bar, Large Pantry and loads of Cabinet and Counter Space.

image035_mls Your own State of the art Media Room.  Loft has been custom designed for 3 computer Work Stations. .Master Suite boasts Fireplace, Private Balacony enjoys Cool Ocean Breezes, and Dual Sided Fireplace.   Master Bath area includes large soaking tub and loads of Closet Space.

Spacious  secondary Bedrooms. For all your outdoor entertaining the Backyard with Panoramic Views boasts an inviting Pool, Spa, Built-in BBQ and Fire Ring.  Cul de sac location and walking distance to elementary school.

Tax Credit Questions for San Diego Home Buyers

Top 4 Questions Home Buyers Have About the Tax Credit
San Diego home buyers are active as the April 15 deadline to file 2009 federal tax returns approaches, the National Association of Home Builders (NAHB) is providing answers to some of the questions home buyers are most frequently asking about the home buyer tax credit.

“NAHB’s website that provides information about the home buyer tax credit, www.FederalHousingTaxCredit.com, has received more than 8 million visits,” said NAHB Chairman Bob Jones, a builder and developer in Bloomfield Hills, Mich. “We are doing everything we can to make sure home buyers are informed about this outstanding opportunity to benefit from buying a home before it expires April 30.”

Some of the more commonly-asked questions, and the answers, include:

1. How does a home buyer claim the tax credit?

The credit is claimed when the home buyer files or amends their federal income taxes. For qualifying homes purchased in 2009 or 2010, the taxpayer must complete IRS Form 5405 and attach a copy of the settlement statement. In most cases, the settlement statement is a properly executed Form HUD-1.

In circumstances where a HUD-1 is not provided, such as purchasing a mobile home or a newly constructed home, the IRS will accept an executed retail sales contract (mobile homes) or a copy of the certificate of occupancy (new homes).

2. Does the home buyer have to sell their current home in order to qualify for the $6,500 repeat home buyer tax credit?
A home buyer does not need to sell their current home in order to be eligible for the repeat buyer credit. They can continue to own both homes, and rent or use their former home for something else, as long as it no longer serves as their principal residence. The taxpayer is required to use the new home as their principal residence, and live in it for at least 36 months, or they will have to repay the credit.

3. Do married couples both have to meet the eligibility requirements in order to claim the credit, even if they file taxes separately?

Both spouses must fully meet all the eligibility requirements for either the $8,000 first-time home buyer tax credit or the $6,500 repeat buyer tax credit, regardless of if they file joint or separate tax returns. However, if an unmarried couple purchases a home and only one person qualifies, the eligible person may claim the full credit.

4. Do all home purchases need to be completed by April 30, 2010, in order to be eligible for the credit?
There are two exceptions to the April 30 deadline. If the buyer enters into a binding contract by the deadline, they have until June 30, 2010, to complete the purchase. The deadline has been extended a year, to April 30, 2011, for members of the uniformed services, Foreign Service or employees of the intelligence community who have been on qualified extended duty outside the United States for at least 90 days between January 1, 2009, and April 30, 2010.

Top 5 Facts You need to Know about the Federal Home Buyer’s Tax Credit

 

Top 5 Facts You Need to Know about the Expanded Home Buyers Tax Credit

On November 6, President Obama signed the Worker, Homeownership, and Business Assistance Act of 2009 into law, extending and expanding the important home buyer tax credit, and thereby providing many Americans with just the break they need to buy a first home or move up to a new home.

One of the requirements for becoming a Member of the Top 5 in Real Estate Network® is to provide my community with critical real estate information so you can make the best possible decision when buying or selling a home. To that end, I wanted to pass along some key facts about the extended and expanded tax credit that are critical for you to understand in order to take advantage of this opportunity:

1. Eligibility: The tax credit is now available for first-time home buyers and eligible current homeowners. A first-time home buyer is an individual who has not owned a principal residence during the three-year period prior to the purchase. This law applies for both parties in a married couple; if you haven’t owned a home for three years, but your husband has, then neither one of you can qualify for the tax credit. A qualified current homeowner who wished to move to a different home, must have owned and resided in their residence for five consecutive years out of the last eight.

2. Salary requirements:
Single taxpayers with incomes up to $125,000 and married couples with a joint income up to $225,000 qualify for the full tax credit. Single taxpayers who earn between $125,000 and $145,000, and married couples who earn between $225,000 and $245,000 are eligible to receive a partial credit.

3. Amount of credit: The maximum credit amount for first-time home buyers is $8,000; the maximum credit amount for current homeowners is $6,500. The federal tax credit amounts to 10% of the cost of the home, up to a maximum credit of $8,000 for first-time home buyers and $6,500 for current homeowners. Under the new legislation, a tax credit may only be issued for homes purchased for $800,000 or less. The tax credit is a true credit—it does not have to be repaid unless the homeowner sells or stops using the home as their principal residence within three years after the purchase.

4. It’s refundable:
The tax credit is fully refundable, meaning the credit will be paid out to eligible taxpayers, even if you owe no tax or the credit is more than the tax owed. The credit is claimed using Form 5405, which you file with your original or amended tax return.

5. Timeline. The credit is available for homes purchased on or after November 7, 2009 and before May 1, 2010. The federal income credit can be claimed on one’s individual or joint tax return for the purchase of any single-family home (newly-constructed or resale, single-family detached, townhomes or condominiums) between the dates of November 7, 2009 and April 30, 2010. Home purchases subject to a binding sales contract signed before May 1, 2010 will also qualify for the tax credit as long as closing occurs by June 30, 2010.

For more information on the home buyer tax credit, e-mail me or visit www.irs.gov. Please forward this email to friends and family who may also be able to take advantage of this unique opportunity to purchase the home they’ve always wanted.

Is Buying a Foreclosure Really a Bargain?

Top 5 – Is Buying a Foreclosure Really a Bargain? What You Need to Know

Is Buying a Foreclosure Really a Bargain? What You Need to Know

In today’s tumultuous economy, it’s no surprise that there are foreclosure properties to be found in just about every community across America—even ours. While a terrible hardship for homeowners to endure, foreclosures can present a unique opportunity for first-time home buyers and investors looking to purchase a “bargain-priced home” with the potential for building instant equity.   

As experienced real estate professionals, we want to advise you to tread carefully when it comes to foreclosures—they might not be quite the bargain you expect. Here are some important facts you need to know before venturing out into the foreclosure market:

- Homeowners faced with foreclosure are understandably stressed and resentful, which can often lead to neglecting routine maintenance on a home. Sometimes, even deliberate damage is done. Assessing the home’s condition, therefore, is a must.

- Foreclosure properties have often been vacant for an extended period of time. Look for problems caused by damp conditions, such as mold.

- Get a thorough home inspection before bidding on the property. Once the damage/disrepair of the home is assessed, factor this in when bidding on the home.

- Contact a real estate professional—like me, a Member of the Top 5 in Real Estate Network®—who is well steeped in the community and can provide information about pre-foreclosure properties, that is, homes that have been scheduled for foreclosure but have not yet gone to auction or been sold off. These homes need to be sold quickly as owners are trying to avoid foreclosure and its impact on their credit.

- Last but not least, go to www.hud.gov for information on how to buy homes acquired by the U.S Department of Housing and Urban Development as a result of foreclosure action on an FHA-insured mortgage. The site also has information on special programs and opportunities for teachers, law enforcement officers and others.

While buying a foreclosure property takes patience and research, the results can be well worth your time and effort. For more information, please e-mail me, and please pass this on to anyone you know who might be interested in exploring a foreclosure purchase.

Lomas Serenas SW Escondido – Single Story on 1/2 Acre with Views!

Welcome home to Lomas Serenas!

A tranquil community surrounded with Acres of Mature Trees,  Miles of Hiking Trails, Mountain Views and Picturesque Lake Hodges.  Close to Shopping, Freeway Access and Award Winning Schools.

frontofhouse_2_mls

For a Video Tour Click Here


This beautiful home site sites on over 1/2 acre and enjoys Panoramic Views of the Mountains and City Lights.  4 spacious Bedrooms, 2.5 Baths, over 2800 square Feet, plus a 3 garage, Pool & SpaMonte Real Kitchn

The Kitchen as been remodeled to include Granite Counters, Cherry Cabinets, Double Ovens, Gas Stove top, Prep Island with additional Sink.  Expanded Breakfast Nook.  Freshly Painted Interior.  Spacious Master Suite includes sitting Area and Large Bath with oval Soaking Tub and separate walk in Shower.

Private Back yard boasts inviting Pool and Spa, just the right amount of Grass, and a mature Orchard.    Special attention has been made to incorporate water wise plants throughout the propmonte real viewerty.  Front yard includes a lovely court yard with views of the Mountains and City Lights.  Enjoy cool evening breezes from Lake Hodges.  Cul-de-sac location and home is elevated off street level.

  1. Send Me Info On This Listing!
  2. (required)
  3. (valid email required)
 

cforms contact form by delicious:days

Bridlewood In Poway – Single Story Cul-De-Sac Home

Welcome home to the Popular Neighborhood of Bridlewood!

4 Bedrooms,3 Full Baths plus Office. 3649 Square Feet Single Story Ranch.  Meticulously maintained!

4 Spacious Bedrooms.  3 Car Garage. Home site on  Over 1.25 acres  Sparkling Lagoon Pool, Spa, Slide and Waterfall.  2 Gazebos for your summer relaxation.

frontofhouse_1_mls

Bernardo Heights/Rancho Bernardo Real Estate On The Move


Bernardo Heights: a Master Planned Community in Rancho Bernardo

Built during 1980′s, this master planned community includes Recreation, Pedestrian Paths, The Bernardo Heights Country Club, and Bernardo Heights Community Center. Bernardo Heights consists Custom homes, Single Family Detached Homes, Patio Homes, as well as, Condominiums and Apartments. Homes range from 900 square feet to over 4000.  The Bernardo Heights Country Club

All residents enjoy the beautiful Bernardo Height Community Center which includes a Jr. Olympic Size Swimming Pool, Spa, 8 Tennis Courts, an Exercise Room, Billiards, and community room for special events as well as Kitchen facilities.

Part of the Award Winning Poway School District, Rancho Bernardo High School and Bernardo Heights Middle School is within walking distance of most homes.

Home Sales for 2009 as of 12/06/09

SOLD Selling Price

Single Family detached 35 $375,000 – $970,300

Condos & Townhomes 36 $218,000 – $$522,500

Average Market Time 2009: 50 Days

If intertested in your home value visit: www.BernardoHeightsHomeValues.Info

Fire Blocking Gel Kits Available for Lake Hodges Neighborhoods/Lomas Serenas

Disaster and Fire Preparedness – Gel saved homes during 2007 firestorm

The Lake Hodges Fire Safe Council has a limited supply of Barricade Fire Blocking Gel kits available for sale to residents located within the Lomas Serenas community and The Lake Hodges Fire District. (Zip codes 92025 & 92029)

Barricade Fire Blocking Gel was used by local fire departments to save a number of homes during the recent firestorm.

The kit is packaged for homeowner use and includes an instruction video, educator nozzle, pickup tube, quick connect and four 1-gallon containers of the gel. One gallon covers approximately 500-700 square feet of area with a 1/4″ thickness. One box is sufficient for an average size home, and two boxes are recommended for a large home. Three boxes can be shared by two homeowners. The total amount of gel needed depends on siding materials, eaves, number of woindows, amount of wood, decks, gazebos, fences, shrubs, shed, etc. The gel is nontoxic, biodegradable, and endorsed by the EPA, and is intended to be applied prior to evacuation due to oncoming fire. The gel can be rehydrated several times with a light water mist and remain effective up to 24 to 36 hours after application, depending on sunlight, wind and humidity conditions.

If purchased directly from an authorized dealer, the Barricade Fire Blocking Gel Kits sell for $326 each, plus tax and shipping. The Lake Hodges Fire Safe Council is selling each kit for a total price of $296 (buyer must pick up product). Purchase limit: 2 per household so as many residents can benefit as possible from this price. Supplies are limited.

Teti-HeadShotTo purchase a kit, please send an email to Lakehodges@cox.net

For further information contact:
Diane Teti, Realtor
Your Fire Safe Council Representitive
Cell: 858 449-8384

Windermere Exclusive Properties