• 1,088 sq. ft., 2 bath, 2 bdrm 2 story "condo" - MLS® $139,900 - Two story - townhome

Gwynedd Club, North Wales  -  Two bedroom, Two story Townhouse/Condo in Gwynedd Club. Open floorplan with first floor half bath and full bath upstairs. Fenced in patio that opens out to large open space with plenty of grass. Kitchen w/ breakfast counter opens out to nice dining area with sliding doors out to wonderful fenced in patio area. Large living area with neutral paint and wall to wall carpet. Two spacious bedrooms upstairs with plenty of closet space and nice bathroom. Low maintenance living at its best with the association providing: water, sewer, trash, snow removal, lawn and exterior maintenance....along with use of an in ground pool, tennis and basketball courts. Close to Rt 309 and PA Turnpike. Easy access to numerous locations in sought after Upper Gwynedd Township

Property information

Richland Township, Quakertown  -  Announcing a price reduction on 950 S West End Blvd, a 2,101 sq. ft., 3 bath, 3 bdrm 2 story. Now MLS® $284,900 - Turn Key - Move in Ready.

Property information

The first 2 visitors that come to the open house today and mention this blog post special

950 S West End Saturday Special, get lunch for two at Chilkoot Charlies on us...

Don't forget.....must come in person 12-3pm......and mention the Saturday Special to win ...

see you soon 

Richland Township, Quakertown  -  We invite everyone to visit our open house at 950 S West End Blvd on November 12 from 12:00 PM to 4:00 PM.

Property information

43 x 24 Game Room

• 2,101 sq. ft., 2 bath, 3 bdrm 2 story - MLS® $309,000 - Turn Key - Move in Ready

Richland Township, Quakertown  -  Turn Key Freshly remodeled home ready for immediate occupancy. This 3 bedroom 2 full bath property has been completely updated with brand new bathrooms, all new appliances, Brand new kitchen, refinished hardwood floors, all new wiring with 200 amp electric service and so much more. The home is much bigger than it appears with 3 floors of living space, attic storage and a basement with laundry and work bench. The detached 3 car garage with second floor 43x24 Game room is equally impressive with 100amp electric, new flooring, kitchen and full bathroom of its own. The property has many possibilities and options qualifying for home occupancy and many other uses.

Property information

Richland Township, Quakertown  -  Announcing a price reduction on 950 S West End Blvd, a 2,101 sq. ft., 2 bath, 3 bdrm 2 story. Now MLS® $309,000 - Turn Key - Move in Ready.

Property information

Real Estate Corner…

Q.  It seems that more homes for sale include “home warranties.”  Do you think I should invest the money in getting a “home warranty” for my house when I put it on the market?

A.  It depends on the age of your home.  If your home is relatively new, and the appliances are relatively new, you don’t need a “home warranty” because those items may be under warranty. The builder warranty would cover any defects in a “newer” home.  

If you own an older home, a “home warranty” can be a very good investment for you and a huge benefit to a potential buyer.  It makes your house more marketable, and it gives the buyer peace of mind if something should need repair.  There is an annual fee for coverage for one year, which can be renewed.  The cost can vary, but an average cost is $350-$450. There are several companies that offer home warranties, but do your homework.  Not all companies are equal.  Ask your real estate agent for reputable home warranty companies with an excellent track record.  Companies vary in what they cover, so be sure to read the fine print.  Standard warranties generally cover repair or replacement costs of appliances, plumbing, and cooling or heating units. 

If you are buying or selling a home and need competent and caring representation, please call me at 215.703.7653

Justin Stranere - Your Trusted Authority in Real Estate Finance - TM 

Sumneytown, Green Lane  -  The 2 story at 1026 Penny Rd has been sold.

Property information

Harleysville, Montgomery County  -  The single story at 965 Skippack Rd has been sold.

Property information

Spacious Loft Unit

• 810 sq. ft., 1 bath, 1 bdrm 2 story "Loft bedroom" - MLS® $114,990 - Sought after location

Tellers Mill, Sellersville  -  Sought after One Bedroom Loft Condo in a Historic (1866) Cigar Mill referred to as Tellers Mill. This second floor, two story loft condo has tons of charm and character and is on the market for the first time in over 10 years. As you enter the unit you can't help but notice the 16ft Cathedral ceilings and large, 24" deep windows that compliment the entire unit. The spacious living area flows well with wall to wall carpeting thoughout the entire main floor. A full kitchen, dining area and storage closets finish off the main floor. Then go upstairs to a well sized loft with some exposed stone and 13" wide plank hardwood floors that you just don't see much of anymore. This loft bedroom has a spacious bathroom with ceramic tile shower/tub and has plenty of storage in the 10 x 5 closet. This unit is pretty much turn key with its: 2009 Hot water heater, 2008 Trane HVAC system and all new energy efficient windows installed in 2008. Come see this hidden gem of Upper Bucks County.

Property information

There are so many advantages to purchasing your own home.  For instance, it offers the pride of ownership, provides an overall sense of accomplishment, and is a place where you and your family will build many lasting memories.  Among others, real estate opens the door to many tax benefits as well.  Let’s discover some of the following ways that owning a home/s can help to create a tax shelter.

Mortgage Interest & Points: If mortgage debt is $1,000,000 or less, married couples filing jointly can deduct the full amount of their interest.  Otherwise, those filing separately can write off up to $500,000 worth.  This also includes second homes or adjacent land to your main residence.  Points on either a home purchase or refinance can also be deducted, but these must be amortized for the latter.

Property Tax Deductions: All state and local taxes regardless of how many properties you own can be deducted, up to the alternative minimum tax required by law.  Funds that are held in escrow accounts can only be written off once the taxes are paid.

Private Mortgage Insurance (PMI): A portion of PMI can also be deducted if household income is less than $109,000 per year or $54,500 for those filing separately.

Interest On Home Equity Loans: As long as you have the necessary equity in your home to secure the required debt, you can write off the interest on a loan of up to $100,000 for those who are married filing jointly, or $50,000 when submitted separately.

Working From Home: That’s right!  Even those who use a portion of their home for work purposes are able to deduct a percentage of the home’s depreciation, utility/maintenance costs and insurance.  This is one you definitely want to review with your tax professional to make sure you are getting the maximum available to you.

Home Maintenance Interest: This is a tricky one, as you can write off the interest on any capital improvements made to your home, which will increase value and/or prolong the life of your home.  This includes certain types of restorations or additions made to the home with no cap on the investment.  However, you will not be able to deduct minor patching or cosmetics made to the home.

Capital Gains/Selling Costs: As long as you have lived in your primary residence for at least 2 of the last 5 years, you are permitted to sell your property for up to $500,000 of profit for married couples filing jointly, or $250,000 for singles with absolutely no tax penalties.  However, if you end up selling for an amount above either threshold, you can subtract the amount of closing/selling costs that you incurred from your total gain.  Those who fall outside of the 2 out of 5 year limitation may be granted an exception given certain unique circumstances such as health problems, relocating for work or other such occurrences.

Therefore, it pays to consider the benefits of homeownership and to discuss with your tax professional what you may qualify for.  Especially for those who are entertaining the thought of buying instead of renting, it is very important to consider the long-term impact that owning real estate can have on your overall financial future.  There are advantages whether you are buying for yourself or investing in properties for additional income.  Contact us today using our information above to start exploring what options may be available for you!

Sumneytown, Green Lane  -  Announcing a price reduction on 1026 Penny Rd, a 1,248 sq. ft., 2 bath, 3 bdrm 2 story. Now MLS® $214,900 - Freshly Remodeled.

Property information

Tellers Mill, Sellersville  -  Announcing a price reduction on 103-320 N Main St, a 810 sq. ft., 1 bath, 1 bdrm 2 story "Loft bedroom". Now MLS® $119,990 - Sought after location.

Property information

Tellers Mill, Sellersville  -  Announcing a price reduction on 103-320 N Main St, a 810 sq. ft., 1 bath, 1 bdrm 2 story "Loft bedroom". Now $123,498 - Sought after location.

Property information

Tellers Mill, Sellersville  -  We invite everyone to visit our open house at 103-320 N Main St on May 1 from 12:00 PM to 3:00 PM.

Property information

.69 acres in Marlboro Twp

• 1,248 sq. ft., 2 bath, 3 bdrm 2 story - MLS® $224,000 - Just Remodeled

Sumneytown, Green Lane  -  Tastefully Remodeled Home on .69 acres in Marlboro Township. This property is like new and ready to move in. It feels like a new home with: New roof, windows, electric, HVAC, plumbing, doors and molding. Two Brand new full bathrooms. New flooring including: bamboo hardwood, berber carpets and ceramic tile. This home is freshly painted inside and out and really should be seen to be truly appreciated. Walk into an open floorplan with bamboo hardwood floors throughout the main floor. Brand new kitchen with views of the backyard. The kitchen flows right into your 21 x 12 living room that is highlighted by a stunning woodstove resting on a slate hearth and shielded by floor to ceiling fieldstone. First floor laundry room and full bath finish off the main floor. New berber carpets and wrought iron spindles lead you up to a spacious second floor with 3 bedrooms and a brand new 2nd floor bathroom. Outside you have a well sized lot with front, side and deep rear yard. Plenty of options with the 22x14 detached garage.

Property information