Category Archives: I Own
Recently my client’s Kristin and Scott settled on their first home in Fishtown. They were so pleased with my service they reviewed me on Yelp and here is what they had to say:
Having Capri as your real estate agent is like instantly having a new, very smart, best friend to help you make one of the most important decisions of your life. As first time homeowners she was fantastic at educating us on the process and made us feel completely comfortable asking dumb questions and asking them often. Capri also has an extensive network of professionals that helped us along the way. Anytime we had a concern, she knew someone who could help.She is incredibly patient and flexible. She took us on showings for at least once a week, often 2 or 3 for almost 5 months. Capri always found the time to work in a showing and she always made us feel like we were her only clients. She gave her honest opinion on properties and never pressured us on anything. I’m convinced that after a couple of weeks getting to know us, Capri knew which properties were right and wrong for us before we did but amused us with showings on opposite sides of the city anyway. Most importantly is that Capri kept the process fun and positive. As a self -proclaimed worrywart, having Capri in our corner let me enjoy the hunt. Before we saw any properties, Capri told us that our home would find us and not to get discouraged, even if deals fell through, in the end it would work out for the better. At the time I didn’t understand that but when we found two houses that we thought were “the one” and each didn’t work out we channeled Capri’s positive energy. She was completely right. Now that we are all moved in to our house, I couldn’t even imagine living in the first two.
Thank you so much Kristin and Scott for your fantastic review. I am so glad that who I strive to be is exactly how I am perceived!
If you would like to read more of my reviews on Yelp you can click here. Currently many of them are “filtered” but as more reviews come in, the other should migrate to the main review page.
Still want more reviews or would like to write one of your own? You can also find me here:
7713 Union Ave, Elkins Park, PA 19027
3 Bedrooms, 1.5 Baths * 1,366 Sqft
Looking for charm and character in your next home? Then you’ll love this cheerful 3 bedroom, one and half bath twin located in the heart of Elkins Park. As you enter into the home from the sunny enclosed porch, you’ll find a warm and inviting living room that flows nicely into the formal dining room with chair rail. Just off the dining room and behind 2 doors, there is an office or guest room with its own powder room. From the modern kitchen with breakfast bar exit outside to the spacious fenced back yard with patio. The second floor offers 3 bedrooms, a hallway bathroom and a linen closet. Replacement windows throughout, hardwood floors and 1st floor laundry. Walk to shops, the newly renovated Myers Elementary School, the Elkins Park or Melrose Park train stations and the soon to be opened CreekSide Co-op.
$15K Price Reduction! $135,000 ~ MLS # 6048424 ~ 3 Beds, 1 Bath ~ 940 sqft
Recent rehab on a beautiful block. This three bedroom home has great style and function. Home has adorable backyard for entertaining, convenient breakfast bar/nook in the kitchen, and great light. You can move right in to this no-fuss home!
290 Byberry Road #19, Philadelphia PA 19116
$259,900 ~ 2BR/ 2Bath ~ 1,800sqft ~ MLS # 6001556
This former sample end unit luxury condominium is bright and cheery. Spacious living room complete with hardwood flooring, 9′ ceilings, crown molding, extra windows and triple glass sliding door which leads to the front balcony. Peninsula kitchen boasts 42″ cabinets, ceramic tile floors, ceramic tile back splash, granite counter tops, stainless steel appliances and a large walk-in pantry. Generous sized master suite is neutral in decor, includes 2 large closets and full master bath with double sinks, ceramic tile and glass accent flooring along with a fully tiled shower. Main floor also includes 2nd nice sized bedroom, full tiled bath, and convenient main floor laundry. Downstairs features a huge family or recreational room. Plenty of closet and storage space. 1-car attached garage with entrance to the family/rec room. Ask about the 7 year remaining tax abatement.
For more information about this property or to schedule a showing, contact me:
Capri D’Amario, Realtor®, ABR®, ALHS® ~ RE/MAX Home Experts
Cell: (215) 266-5557 ~ Capri@CapriCloses.com
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When you’re evaluating how much home you can afford, make sure you factor in the tax advantages of homeownership.
Owning your home not only allows you to build wealth through appreciation, but it can also reduce the amount of income tax you pay every year.
Here are seven tax benefits for homeowners.
1. Homebuyer tax credits
If you purchase your first home before April 30, 2010, you’re entitled to a tax credit of up to $8,000. If you currently own a home, but sell it to purchase another home before April 30, 2010, you’re eligible for a federal tax credit of up to $6,500.
2. Deductions for loan fees
Typically, you can deduct the “prepaid interest” you paid when you got your mortgage loan. That includes points, loan origination fees, and loan discount fees listed on your settlement statement, even if the seller paid those fees for you. Each time you refinance your home, you can deduct prepaid interest fees.
However, you must meet certain requirements to take the prepaid interest deductions when you purchase or refinance your home. Check with your accountant to be sure you’re following the rules.
3. Property tax deductions
In the year you purchase your home, you’re entitled to deduct the real estate taxes you paid at the closing table. You can continue to deduct the property taxes you pay each year.
4. The mortgage interest deduction
Every year, you can deduct the amount of interest and late charges you pay on your mortgage and home equity loans, though there are limitations. If you’re required to purchase private mortgage insurance (PMI) because you made a downpayment of less than 20% on your home, you can also deduct those premiums as mortgage interest expenses.
5. Home office expenses
If you have a home office you use only for business, you may be eligible to deduct the prorated costs of your mortgage, insurance, and other expenses related to that space. The government scrutinizes home-office deductions closely. Be sure you’re entitled to the deductions before claiming them.
6. The costs of selling your home
In the year you sell your home, you can deduct the costs of selling it, including real estate commissions, title insurance, legal fees, advertising, administrative costs, and inspection fees. You can also deduct decorating or repair costs you incur in the 90 days before you sell your home.
7. The gain on your home
If you lived in your home for at least two of the previous five years before you sell it, the government lets you to take up to $250,000 of profit on the sale of your home tax free. That amount is doubled for married couples. This deduction isn’t available on rental or second homes.
The government also allows you to subtract from your home sale profit any amounts you spend on improvements, such as window replacement, siding, or a kitchen remodel. Those deductions are in addition to the tax credits you can receive in 2010 for making energy-saving upgrades. Money invested for routine maintenance and repairs doesn’t count.
This article includes general information about tax laws and consequences, but is not intended to be relied upon as tax or legal advice applicable to particular transactions or circumstances. Consult a tax professional for such advice; tax laws vary by jurisdiction.