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Exciting News for Home Buyers and Sellers!
Whether you are a First Time Buyer or a Move-Up Buyer, there is help for you in purchasing a home.
Coldwell Banker Buyer Bonus Event ● CA State Tax Credit ● Open House Event
With the expiration of the Federal First Time Home Buyer Tax Credit quickly approaching, Coldwell Banker decided to step up and offer some support to keep the momentum of home sales moving forward! From May 1st through July 31st, 2010 Coldwell Banker will be investing in support of a nationwide campaign, the Coldwell Banker Buyer Bonus Event. This exclusive program may be a substitute to home buyers or a so-called extension of the Home Buyer Tax Credit without all of the eligibility and qualification restrictions. This is meant to re-energize qualified first-time home buyers who missed out on the Federal Tax Credit and incentivize a new, broader home buyer audience who failed to qualify for the Federal Tax Credit.
Participating home sellers will be providing a credit to buyers in the amount of 3% of the sales price, up to $8,000. Qualified loan applicants will receive another $350 credit toward loan fees when utilizing Coldwell Banker Mortgage.
In addition to this incredible Buyer Bonus Event, the State of California has decided to keep the housing market moving forward in full force too! Effective May 1st through January 1, 2011 a tax credit will be available for qualified first time home buyers and purchasers of new construction in the state of California. These tax credits are 5% of the sales price up to $10,000. Taxpayers must apply the total tax credit in equal amounts over 3 successive tax years (maximum $3,333 per year) beginning with the tax year in which the home is purchased.
There are $100 million in funds allocated to both the First Time Buyer Credit and the New Home Credit. The funds are being allocated on a first-come, first-served basis. Once the funds have run out, the program will end. Home buyers will be able to take advantage of only one of these tax credits. If a home buyer qualifies for both the New Home and the First Time Buyer Credit, the credit will be applied to the New Home Credit.
To kick off both of these exciting new incentives for our home buyers and sellers, Coldwell Banker Grass Roots Realty will be conducting a giant Spring Open House Event! You can stop by all participating homes on Saturday and Sunday, May 15th and 16th from 11 am to 3 pm. We will publish a list of all homes open that weekend along with directions to each home. Our offices will be open both days and our team of sales associates will be able to guide you to the home of your liking and provide any information you may need to start your home buying process. Our Coldwell Banker Mortgage Representative, Leah Courant, will be available for loan pre-qualifications as well.
Coldwell Banker Grass Roots Realty prides itself on keeping up with current market conditions and innovative trends to help home buyers and sellers today.
For further information on any of these unbelievable incentives, stop by one of our four locations at 855 Sutton Way, Grass Valley, 10193 Combie Road, Auburn (LOP), 316 Broad Street, Nevada City, 11354 Pleasant Valley Road, Penn Valley (Lake Wildwood) or phone our offices at 273-7293 (GV), 268-1575 (LOP), 265-3282 (NC) or 432-1131 (PV).
For further information regarding the details of the 2010 California Tax Credit, please visit the State Franchise Tax Board’s websites at:
ftb.ca.gov/forms/2009/09_3528.pdf or http://www.ftb.ca.gov/individuals/New_Home_Credit.shtml
Some restrictions may apply so please consult your qualified accountant or attorney for legal or tax advice.
Homes Participating in the Buyer Bonus Event
| Penn Valley |
| 11054 China Court (Penn Valley) |
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 3bd/2.5ba;
beautiful passive solar home in Houghton Ranch Estates;
MLS#1036064;
$675,000;
Directions: Hwy. 20 to Houghton Ranch to China Ct. |
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| 15401 Indian Court
(Penn Valley) |
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3bd/3.5ba;
beautiful ranch property
on 48.37 acs.;
MLS#1033309;
$699,500;
Directions: Spenceville Rd. to Oak Meadow to Indian Ct. |
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| Lake Wildwood |
| 17807 Foxtail
(Lake Wildwood) |
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3bd/2ba;
wonderful one story home on a level lot;
MLS#1035521;
$279,000;
Directions: 2nd gate, Wildflower to Wildwood, R Foxtail. |
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| 12086 Waxwing Court (Lake Wildwood) |
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3bd/2ba;
meticulously maint’d lovely home; on cul-de-sac;
MLS#1035185;
$439,500;
Directions: Main gate, LWW Dr., L Jayhawk, Hummingbird, Waxwing. |
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| 19097 Hummingbird Drive
(Lake Wildwood) |
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2bd/2.5ba;
best lake view;
MLS#1036301;
$450,000;
Directions: Chaparral Dr. to Swallow (R) to Hummingbird (L) to corner of Hummingbird & Quail Ct. |
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| Lake of the Pines |
| 11659 Bluebird Court (Lake of the Pines) |
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3bd/2ba;
MLS#1036262;
large 1 story home on cul-de-sac;
$310,000;
Directions: LOP gate, L Torrey Pines at gate, L Foothill, L Bluebird Ct. |
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| 10900 Sycamore Court (Lake of the Pines) |
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4bd/3ba;
brand new home;
MLS#1036189;
$315,000;
Directions: LOP gate, L Torrey Pines, L Sycamore Ct. |
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| 22804 Sunset Ridge (Lake of the Pines) |
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3bd/2ba;
upgraded 1 level, spacious
floor plan;
MLS#1035180;
$329,000;
Directions: LOP gate, L Torrey Pines
to corner of Sunset Ridge. |
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| 6770 Bear River Lane (Lake of the Pines) |
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3bd/2ba;
on 5.9 acs. w/river frontage;
MLS#1035590;
$455,000;
Directions: Hwy. 49 L Lonestar,
L Lake Valley, L Bear River Ln. |
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| 11725 Lakeshore South (Lake of the Pines) |
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3bd/3.5ba+playhouse;
understated elegance;
MLS#1034834;
$647,900;
Directions: LOP gate, R Torrey Pines, L Lakeshore S. to home on R. |
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| 12357 Lakeshore North (Lake of the Pines) |
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4bd/3.5ba;
Lakefront;
MLS#1035476;
$879,000;
Directions: LOP gate, straight on Lakeshore N., home on R just before Woodhaven-Lakeside. |
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| 11773 Lakeshore North (Lake of the Pines) |
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4bd/3ba;
lakefront home & exceptional location;
MLS#1035878;
$995,000;
Directions: LOP gate, straight to just past clubhouse. |
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| 23850 Star Court (Lake of the Pines) |
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3bd/3.5ba;
stunning lakefront; timeless elegance;
MLS#1033821;
$1,488,000;
Directions: LOP gate, R Torrey Pines, L Lakeshore S., L Star Ct. |
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| South Nevada County |
| 25332 Table Meadow Road (South County) |
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MLS: 1035638
$675,000
4bd/3ba
Directions: Hwy 49, Combie Rd. R at light (still Combie Rd) R on Table Meadow Rd |
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| Chicago Park / Peardale Open Houses |
| 14696 Colfax Hwy. (Chicago Park / Peardale) |
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2bd/3ba;
level; lndscpd.; 1.37 ac.;
MLS#1036390;
$374,500;
Directions: Colfax Hwy. to address, btwn. Meadow View Dr. & Hillview Rd. |
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| Grass Valley |
| 10348 Old Dairy Place (Grass Valley) |
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4bd/2ba;
flat level rural serenity yet so close to town;
MLS#1035750;
$325,000;
Directions: Squirrel Creek to Old Dairy Pl.ctions:
Dog Bar, Alta Sierra Dr., Kingsbury Cr. |
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| 14451 Little Hill Lane (Grass Valley) |
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3bd/2.5ba+office;
split level;118 sf home;
MLS#1036474;
$375,000;
Directions: Greenhorn, R Anchor, straight at fork on Little Hill Ln. |
| 203 Pleasant Street (Grass Valley) |
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3bd/2ba;
beautifully restored Queen Anne Victorian;
MLS#1034598;
$489,900;
Directions: corner of Neal & Pleasant. |
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| 10238 Old Oak Trail (Grass Valley) |
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3bd/3.5ba;
end of rd. privacy; 5
oak-studded acs.;
MLS#1036173;
$500,000;
Directions: W. Main St., L Squirrel Creek, R Old Oak Tr. to end. |
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| 10655 Alta Street (Grass Valley) |
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4bd/3.5ba;
lovingly remodeled in & out;
MLS#1036409;
$589,000;
Directions: W. Main St. to Alta St. |
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| Nevada City |
| 15171 Lake Lane (Nevada City) |
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2bd/2ba;
beautifully lndscpd.;
MLS#1034791;
$219,000;
Directions: Quaker Hill to L Pasquale, R Cascade Loop, R Spanish Ln. R Lake Ln. |
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| 12891 Sadie D Drive (Nevada City) |
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3bd/2ba;
great in-town home; upscale st.;
MLS#1035524;
$425,000;
Directions: Banner Quaker Hill, L Pasquale, R Cascade Lp., R Sadie D. |
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| 17363 Country Circle (Nevada City) |
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4bd/3.5ba,
2 dwellings; charm, warmth
& character; legal rental unit;
MLS#
1032808;
$489,000;
Directions: Hwy. 49 North, R Indian Flat, L Country Cr. |
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| 620 & 622 Chief Kelley Drive (Nevada City) |
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3bd/2ba & 1bd/1ba,
2 homes; charming farmhouse;
MLS#1035839;
$579,900;
Directions: Broad St. to Monroe to American Hill to Chief Kelley. |
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| 11352 Marjon Drive (Nevada City) |
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4bd/2.5ba;
only $166/sf; architectural drama; Jeff Gold, AIA; major remodel + addition;
MLS#1034491;
$589,900;
Directions: Ridge Rd. to Marjon. |
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| 10471 Ridge Road (Nevada City) |
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4bd/3ba;
close to everything; prvt.;
MLS#1036579;
$625,000;
Directions: 2/10 mi. from corner of Zion & Gold Flat up the hill on left. |
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| 14501 Nimbus Dam Road
(Nevada City) |
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2.5+/- acs.;
nice treed land is fenced; all-usable, parked-out parcel;
MLS#1034745;
$185,000 |
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| 22925 Sunset Ridge (Lake of the Pines) |
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3bd/2ba;
well kept home in prvt. & serene setting;
MLS#1036032;
$210,000
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| 20717 Red Dog Road (Grass Valley) |
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4bd/2ba;
flat level rural serenity yet so close to town;
MLS#1035750;
$325,000;
Directions: Squirrel Creek to Old Dairy Pl.ctions:
Dog Bar, Alta Sierra Dr., Kingsbury Cr. |
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| 13095 Quaker Hill Cross Road (Nevada City) |
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3bd/2.5ba;
craftsman farmhouse built from an award winning architectural design;
MLS#1036516;
$475,000
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| 10701 Banner Lava Cap Road (Nevada City) |
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4bd/3ba;
Wow! Wonderful updated 4/3 with a 700+-sf Guest Unit.
MLS#1036298;
$479,000 |
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| 11673 Deer Creek Ranch (Penn Valley) |
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prvt. deeded 6.5 acs. + 1/3 interest in protected 115 acs. open space;
MLS#1033278;
$325,000 |
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| 23081 Sunset Ridge (Lake of the Pines) |
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3bd/3ba;
this is the best in views in Lake of the Pines; MLS#1035325;
$545,000 |
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| 13838 Marigold Way (Nevada City) |
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4bd/3ba;
situated in an amazing, forested setting next to Camp Augusta;
MLS#1035351;
$575,000 |
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| 14946 Coutolenc Rd. (Magalia, CA) |
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3bd/3ba;
life doesn’t get any better than living in this lovely stucco home;
MLS#1033884;
$699,000 |
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