Posts Tagged with houses for sale

Legislative Update - Real Estate Issues (update for Feb 2012):

At the Federal level, efforts to eliminate the Mortgage Interest Deduction (tax deduction) for homeowners have been quashed (at least for the time being) by all of the good work by the National Association of REALTORS® on the Federal level and the Minnesota Association of REALTORS® on the State of Minnesota level. While this may be brought back up in the future, it is unlikely that it will be an issue again until after the 2012 elections. House Resolution 25 "Expressing the sense of the Congress that the current Federal income tax deduction for interest paid on debt secured by a first or second home should not be further restricted". Thanks to the efforts of the Minnesota Association of REALTORS®, there are no changes expected to the Capital Gains exemption for homesellers. The current exemption for the $250,000 of Capital Gains (single) or $500,000 of Capital Gains (married couple) remains in effect. Efforts to eliminate the Minnesota Property Tax Refund for homeowners have not been successful, again thanks in part to the efforts of the Minnesota Association of REALTORS®. In the Minnesota legislature, a bill has been introduced that would increase the maximum refund allowed for homeowners with household incomes from $37,280 to $100,779. On the Federal level, there are efforts to eliminate the Mortgage Forgiveness Debt Relief Act and Debt Cancellation. This is going to be a big issue for anyone who is unfortunate enough to have to do a short sale of their home. Currently, homeowners can apply to the IRS for a waiver of the taxes on the amount of mortgage debt that is wiped out during the short sale process. In other words, if you owe $200,000 on your mortgage and you do a short sale and the house sells for $150,000, your lender will send you a 1099 for the taxes on the $50,000 that you didn't end up paying.

Sunny Bright & Well Maintained
1872 73rd St, Centerville, Mn. 55038

 

1872 73rd St Centerville, MN


Click For Listing Website Click For Interactive e-Tour Welcome to peaceful Acorn Creek in Centerville, Minnesota, where your new, 4 bedroom split level home, is ready for you to move right in. This sunny and bright, 1995 built home, is located in the Centennial School district, near several great fishing lakes, parks, the Wargo Nature Center, and provides easy highway access for a quick commute. Well maintained and clean, this home features a professionally built, 4 season porch, and offers a flexible floor plan, with vaulted ceilings, oversized windows, a walkin closet, ceiling fans, walk thru master bath, tile floors, lawn sprinklers, a deck in back and a front patio. Newer appliances are: 2010 washing machine, 2009 hot water heater, 2009 water softener, 2009 refrigerator, 2009 in-ground sprinkler system. The roof was replaced in 2008, and the Patio Enclosures Company, installed the four season porch in 2007. To schedule a showing or for more information, call Patti Ann Kasper at 763-498-2088, today! MLS# 4094815
$175,000
4 Bed, 2 Bath
1872 73rd St
Centerville MN, 55038

Patti Ann Kasper
EXIT REALTY NEXUS
763-548-1418

 

Welcome to peaceful Acorn Creek in Centerville, Minnesota, where your new, 4 bedroom split level home, is ready for you to move right in. This sunny and bright, 1995 built home, is located in the Centennial School district, near several great fishing lakes, parks, the Wargo Nature Center, and provides easy highway access for a quick commute.

Well maintained and clean, this home features a professionally built, 4 season porch, and offers a flexible floor plan, with vaulted ceilings, oversized windows, a walkin closet, ceiling fans, walk thru master bath, tile floors, lawn sprinklers, a deck in back and a front patio.

Welcome to your new home in Grant Park Illinois. This antique Dutch Colonial home was built in 1894 and has all of the old world features and attention to detail of a 19th century estate.

 

 

 

 

 

Located within easy commuting distance of the south side of Chicago, this small town offers the peace and quiet you need but is still close enough to enjoy all of the amenities the big city has to offer.

This 4 bedroom antique home has: an octagon living room, gorgeous ceramic and brass fireplace, beautiful hardwood fireplace mantle, leaded and bevelled glass, 2 sets of bay windows: one set is in the living room and another set is in the dining room, built-in china cabinet, built-in Deacon's bench, 5 panel hardwood doors, walk-in closets, hardwood floors, a large full bathroom upstairs, and a half bathroom on the main floor.

 

 

 

Mature trees and perennial gardens fill the nearly 1/3 acre yard with shade in the summer and the patio is a restful retreat.

For more information call Patti Ann Kasper at 763-548-1418 today!