Friday, August 22, 2008

570 Orindawoods~Exquisite!!!!

Gorgeous One Of A Kind Mediterranean Home
Competed in 2007, this one of a kind Mediterranean home has a superb floor plan, breathing views & convenient Orinda Woods location. This beautifully detailed home is over 4400 square feet with five large bedrooms, four and one half bathrooms. A few of this home’s showcase features include:

Main Level…
Luxurious Entry…

Expansive Great Room….
The chef’s kitchen has marble floors, soaring ceilings, extra-large granite island, fireplace and a spacious breakfast area. Step outside the Great room and enjoy your deck and flat grassy yard.

Formal Rooms….
Entertaining is sure to be a delight in your formal dining and living room complete with fireplace which exits through French doors to stone balcony.

Master Bedroom Suite…
Relax in your Master retreat while gazing out to the breathtaking Orinda hills. The master bath is complete with spa tub, two sinks, and expansive shower with two showerheads and large walk-in closet with closet organizer.

Optional Room…
An elegant Library/Office/5th bedroom with adjacent full bath and laundry room complete the first level.

Garden Level…
The relaxed Garden level features a state of art Media/Play Room, Wet Bar, art niches, Guest Suite, Two Large Bedrooms & Full Bathroom. The additional flat grassy area awaits your pleasure outside the Play Room.

Additional Amenities…
Dual zone heating and air conditioning
Three car garage
Grounds that exceed 3 acres
HOA amenities include: tennis courts, pool, BART shuttle & rentable clubhouse

First Time Home Buyers--Heads Up!!!

$7500 Tax Credit for First Time Home Buyers------Good or Bad?????

By Alan J. Heavens

RISMEDIA, August 22, 2008-(MCT/RISMedia)-So I get a phone call from an angry reader who complains that the Housing and Economic Recovery Act’s $7,500 tax credit to first-time buyers is a sham.

“It’s just a zero-interest loan!” the fellow shouts loudly into the receiver, as if I’m responsible for the actions of Congress. “The least they could have done was given us a gift!”

“When it comes to the overall bill, part of it is very good and the other part of it is just a band aid. I’m always hesitant when the government gets involved,” says Charles A. McDonald, associate broker at RE/MAX Assured Properties in Charlottesville, Virginia. “But for a first-time home buyer, the tax credit is a good thing because it’s really not a tax credit; it’s really an interest-free loan. If you look at it from that perspective, it’s a nice incentive for the first-time home buyers or people that need some assistance in purchasing a home.”

Yes, the tax credit technically is a zero-interest loan that you will repay to the government over 15 years, starting two years after the credit is claimed, at $500 a year.

This article goes on for awhile. Please give me a call or email and I will happily send it to you in its entirety.

Bottom is a GOOD thing!!