Saturday, June 27, 2015

Open Sunday! 1317 9th Street, Alameda




125 YEARS OF HISTORY!

A historic 7 room Queen Anne Victorian residence adorned with lavish wood trim and high ceilings built for gracious living. 

Situated near Gold Coast mansions and Crown Memorial beach, the current owners painstakingly began to renovate from the ground up, starting with a new foundation and upgraded electrical & plumbing systems.  The interior restoration began with the gorgeous wood mantle fireplace, wood floors and plasterwork restored to it's almost original glamour.  Untouched  and awaiting  skillful craftsmen are some of the original features like pocket doors, a gorgeous walnut staircase and painted-over original trim & wood work.   Three plus bedrooms, two plus baths, an almost finished basement, double story decking, incredible wine cellar and an enchanting yard with brick patio, mature shade trees and shrubbery complete this amazing home.

A rare bit of Americana priced far less than you would expect.

Offered at $789,000  /  Open  Sunday June 28th,  2-5 pm
Call FRITZ for more details.

Friday, June 26, 2015

New Listing! 5663 Florence Terrace, Oakland



Two charming homes on one lot in a prime Montclair location perfect for a shared living arrangement. There's a newer custom home offering a unique multi-level floorplan with 2+ BR, 2 bath, 2 car garage with gorgeous light-filled living and entertaining areas plus a guest suite. The ultra charming, 1920's cottage features open living and dining areas with gleaming wood floors, fireplace, a modern kitchen & bath as well as two cozy bedrooms and a huge in-law suite with a private entrance. All surrounded by lush gardens, decks and private terraces with Montclair vistas.
Truly a one of a kind offering and an exceptional investment opportunity!

Offered at $1,298,000
Call FRITZ for more details

Saturday, May 30, 2015

Mortgage Availability Improves for Sixth Straight Month

Courtesy of the Pacific Union Blog:
Good News for homebuyers:  It's becoming easier to get a mortgage.
Relaxed government regulations, new offerings from federal loan programs and new jumbo-loan options helped raise the Mortgage Bankers Association's monthly Mortgage Credit Availability Index by an average 0.5 percent from March to April---the sixth straight month of increased access to home loans. Read more . . .


Thursday, May 7, 2015

Get to Know These Home Deductions for Next Year

Courtesy of  Drew Cockrell, Coldwell Banker, Atlanta:
The end of one tax season is a perfect time to start planning for the next one.  Start now so you can plan for a smooth tax prep next year.  Here are some key provisions:
Taxes—What You Can and Cannot Deduct
You can deduct real estate taxes, whether you pay them directly or through an escrow account. But be careful: not everything that may be called a "tax" is really a tax, according to IRS rules. "An itemized charge for services to specific property or people is not a tax, even if the charge is paid to the taxing authority." For example, a $5 fee charged for every 1,000 gallons of water you use or $20 per month for trash collection are not taxes and are not deductible.
Home Mortgage Interest
In most cases, all mortgage interest is deductible. But a couple may find itself limited if the total mortgage balance is over $1 million or if the mortgage was for reasons other than buying, building or improving a house.
The IRS gives a broad interpretation of interest. In most cases, both late payment penalties and mortgage prepayment penalties are deductible.
Special Tax Rules for Selling a Home
Homeowners considering selling their home will want to consider the guidance in  Publication 523. Those realizing a substantial profit might be worried about taxes, but the IRS grants a nice break.: A couple selling a home gets to exclude $500,000 in profit (it's $250,000 for a single homeowner).
However, the IRS wants to make sure it really is your main home. Among other conditions, you must have owned the home and used it as your main home during at least two of the last five years before the date of sale.
Many of these rules and provisions come with conditions and exceptions, so it's wise to read the full rules, and consult a tax professional before making a decision.

Thursday, April 30, 2015

New Listing, Open Sunday, 547 Merritt Avenue, Oakland




PENTHOUSE VIEWS!  Enjoy awe inspiring lake and city vistas from this Penthouse "Haddon Hill" town home.  Over 3100+ sq ft of luxury steps from the lake, shops and fine restaurants.  3 plus bedrooms and 3 baths, dual master suites, home office, den, gourmet kitchen and magnificent in and outdoor entertainment areas.  A view-lovers dream home!  Open Sunday 2-5.  Offered at $899,000. Call FRITZ for more details.

Saturday, April 11, 2015

Just Listed and Open Sunday! 869 Regal Road, Berkeley

Open Sunday 2-5pm
869 Regal Road, Berkeley

Magnificent detailing and classic lines exemplify all that is great with this arts and crafts architectural style. Circa 1918, this fine Berkeley Hills residence boasts four bedrooms, two and half baths, two car garage and all the modern amenities carefully integrated into the home's vintage style. This hillside home exudes the very best amidst beautiful gardens and breathtaking San Francisco Bay views.   A rare offering at $1,350,000.  www.869Regal.com
Call FRITZ for more information about this home and all your real estate needs



Wednesday, April 8, 2015

Staging Can Increase a Home's Appeal During Bustling Spring Season


From the Pacific Union blog:
With the coming of spring, potential Bay Area home buyers will begin pounding the pavement, and homes that make a good first impression are the ones most likely to appeal to eager buyers in what could be a crowd of open houses.  That's where staging comes in.  Read more at http://bit.ly/1I0Mxzy

Friday, March 27, 2015

2015: The year to buy a house

Courtesy CNN Money:
Housing and Urban Development Secretary Julian Castro tells Christine Romans why more people will be able to buy homes this year, and why that doesn't mean another housing bubble.  Hear more . . .