Thursday, December 27, 2012

Let's Talk Bolero at Tiburon!!!

2617 Estrella Court, Unit 2
Listed Price  $675,000






 
 
 
 
 
 
 
 
Buyer Incentive of Gifted Signature Membership!!!
 
..."Majorca." Second Floor "Bolero" Condominium at Tiburon. Bolero at
Tiburon islocated within it's very own enchanted enclave of only Twenty
Low-Rise Buildings. Talk about the ultimate resort destination that offers
the finest in luxury living... Within the naturally preserved surroundings
of Tiburon is the world famous Greg Norman Designed Championship
Golf Course along with the Ritz Carlton Resort Hotel... Bolero offers you
a private, gated community with it's very own resort style pool and this
unit is situated with the most breathtaking views of not only the golf course,
but an enchanting lake and water feature as well... Come and take a
look at all of the owner enhancements with over 2,230 square feet of living
area not including the Lanai, with Three Bedrooms, Two full Bathrooms
magnificently appointed Florida room, over sized Great room!
Let's Talk today about Your Move to Bolero at Tiburon!!!
 
 
2625 Estrella Court, unit 3, Penthouse
Listed Price $739,000


 
 
 
 
 
 
 
 
 
 
 
Buyer Incentive of Signature Membership!!!

Third Floor "Terrassa Model Floor Plan" with the most breathtaking
Views in allof "Bolero"!!! "Bolero" created by WCI with in the Master
Planned Community ofTiburon. This ultimate resort destination offers
the finest in Luxury Living with naturally preserved surroundings such
as the World Famous Greg Norman Designed Championship Golf Course.
Once you enter the Private Gated Community of " Bolero" you will be
enchanted by an Enclave of Twenty Low-Rise Buildings, each with Three
Floors.This Third Floor "Bolero" Unit has over 2,340 Square Feet of Living
Area with Three Bedrooms and Two Full Baths, situated with breathtaking
views of not only the Golf Course, water features as well!!! Come and take
a look at the Owner Enhancements... Electronic Hurricane Shutters, Plantation
Shutters. Within the "Bolero" Community you will find your private Resort
Style Pool!
 
Contact me today about your move to Tiburon's Bolero!!!
239.404.7787 or by e-mail Michelle@NaplesHomeSweetHome.com
 

 

Let's Talk Tiburon!!!

If you are looking for the most Spectacular Resort Development in all of South West Florida look no further! This Master planned Development is just about completed, featuring Single Family Estate Home at Escada Estates, Serafina, Marsala and Norman Estates, Mid-Rise and Low- Rise Condominium Communities, Bolero, Castillo, Marquesa Royal and the New Esperanza Community!!! I have become your Tiburon Expert starting back in 1998 as I watched
Tiburon grow from the Ruff that it was many years ago to the Gem that it is today.  I am honored to be the Listing Agent-REALTOR with the most beautifully designed listings in all of Tiburon at Marsala, Serafina, Bolero and Castillo. Let’s Talk Today About Your Move to Tiburon, feel free to contact me by calling 239.404.7787 or by E-Mail, Michelle@NaplesHomeSweetHome.com

Prudential Florida Realty

Cellular Phone 239.404.7787


Michelle J. DeNomme, REALTOR, GRI

Office: 239.659.2400

E-Fax Number:  239.236.5550                      


Twitter Me: DeNommeRealtor
                      Let's Talk...
                      Happy Holiday & Happy New Year!

Naples Holiday Boat Parade this Year!!!




 

What's New in Naples and Well Worth Visiting!!!



    

 


   





 
What's Fun To Do in Naples!!!













 

As always if you are looking for any information regarding the South West Florida Market, please feel free to contact me by e-mail or calling 239.404.7787.

I hope you have a fantastic New Year!

Michelle

Prudential Florida Realty

Michelle@napleshomesweethome.com

Cellular Phone 239.404.7787

www.NaplesHomeSweetHome.com

Michelle J. DeNomme, REALTOR, GRI

Office: 239.659.2400

E-Fax Number:  239.236.5550                     

Blog Page:  http://michelledenomme.blogspot.com

Twitter Me: DeNommeRealtor

Let's Talk... Short Sales!

As Short-Sale Tax Break Nears End, Pressure Mounts on Homeowners
By Kimberly Miller
RISMEDIA, Thursday, December 27, 2012— (MCT)—The race is on to finalize short sales and seal the deal on mortgage reductions as the Dec. 31 expiration of a massive tax break for struggling homeowners looms.

Since 2007, homeowners whose banks have forgiven unpaid mortgage debt after a short sale, principal reduction or foreclosure have not been required to count that money as income on their tax returns.

But the sunset of the federal Mortgage Forgiveness Debt Relief Act means borrowers, who have been spared tens of thousands of dollars depending on the amount forgiven and their tax bracket, may be faced with whopping IRS bills after losing their home.

Florida Attorney General Pam Bondi is leading a group of attorneys general from around the country in lobbying for an extension of the act. In a Nov. 20 letter to lawmakers, Bondi and Connecticut Attorney General George Jepsen said allowing the tax break to expire would dilute the $25 billion mortgage settlement made with the nation’s five largest banks in March.

“Unless Congress acts, all of the remaining debt relief to be provided in 2013 under the National Mortgage Settlement will likely be considered taxable income,” the letter said.

Settlement monitor Joseph Smith, who oversees bank compliance with the agreement, is staying out of the fray. He says the extension is “under the purview of elected officials.”

At the same time, the Congressional Budget Office estimates extending the relief could cost $1.3 billion in lost revenue to the federal government during a period when it is “desperate for money,” says Anthony Sanders, a George Mason University real estate finance professor who is in favor of an extension.

“People are already suffering enough who go through default and foreclosure, and to suddenly give them a tax bill is incredibly cold-hearted,” Sanders says. “The government was a major contributor to the housing bubble and burst, so it’s only fair that it extend the act to help households that have been absolutely crushed by the market.”

In August, language that would extend the mortgage debt relief act was rolled into the Family and Business Tax Cut Certainty Act of 2012 (S.3521). The act includes about 50 tax-cutting provisions and was approved by the Senate Finance Committee in August.

An aide to finance committee Chairman Max Baucus, D-Mont., says the act is awaiting a vote by the full Senate but has not been given a calendar date.

While many economists, REALTORS® and accountants believe the mortgage debt relief will be extended, they can’t say how or when.

Sanders says it’s caught up in party politics and a debate that now includes whether to amend the mortgage-interest deduction tax break, a decades-old law that annually costs the government about $100 billion. Even if an extension to the debt relief act isn’t approved by Dec. 31, it could be voted on in 2013 and made retroactive, Sanders says.

Accountant Karyl Neal of the firm Moore, Ellrich & Neal in Palm Beach Gardens, Fla., says settling mortgage debt relief is important but may be less of a priority for lawmakers than averting the fiscal cliff.

Tell that to the owners of the home at 8 Sunningdale Circle in West Palm Beach’s President Country Club, who are trying to finish a short sale before the debt relief act expires. If they don’t, they face an estimated $340,000 in forgiven debt on which they will have to pay taxes, says Shannon Brink, their REALTOR®.

“We’re scrambling like maniacs to get it closed,” Brink says. “I have some anxiety, but I’ve pulled off miracles before.”

Jeff Shingledecker listed his Palm Beach Gardens, Fla., home as a short sale in April. He considered a loan modification that would increase the term of his mortgage to 40 years but decided to do a short sale after learning about the debt relief act.

After several offers, he says he was “fortunate enough” to close the deal in October and expects to have about $108,000 of debt forgiven.

Considering Shingledecker’s tax bracket, he would have owed about $27,000 in taxes.

“If the act expires, you will be asking people to pay cash on an income they never received and with cash they don’t have,” says John DiBiase, communications director for the National Association of REALTORS®’ government affairs office. “I think that is well-understood, especially by members of the Florida delegation.”

Not everyone can benefit from the debt relief act. It covers only forgiven debt on principal residences and amounts up to $2 million, or $1 million if married but filing separately. The act also does not apply to second mortgages where the money was used for non-household expenses.

Joanne Epstein, a South Florida REALTOR®, has 18 short sales scheduled to close by Dec. 31 and she’s “breathing down the banks’ necks” to get them finalized.

“They say, ‘We have a stack of files. We’re very busy. We’ll get back to you,’ ” Epstein says. “Well, I’m sorry — that doesn’t work. These people need to get this over with so they can move on with their lives.”

DEBT RELIEF ACT Q&A:
QUESTION: What’s happening?
ANSWER: The Mortgage Forgiveness Debt Relief Act of 2007 is scheduled to expire Dec. 31.

Q: Who’s affected?
A: If no extension is granted, homeowners will have to pay taxes on any unpaid balance forgiven by a lender after a short sale, modification or foreclosure. The Mortgage Forgiveness Debt Relief Act excludes that income from being taxed through Dec. 31.

Q: What’s happening?
A: Congress is considering extending the act, but it could cost the federal government $1.3 billion in lost revenue.

Q: What’s next?
A: A bill called the Family and Business Tax Cut Certainty Act of 2012 has been approved by the U.S. Senate Finance Committee and is slated for a vote in the full Senate.

©2012 The Palm Beach Post (West Palm Beach, Fla.)
Distributed by MCT Information Services

Copyright© 2012 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission.

Saturday, December 8, 2012

Let's Talk Bolero at Tiburon!!!

2617 Estrella Court #2
Listed Price $675,000

 
Buyer Incentive of Gifted Signature Membership!!!

"Majorca." Second Floor "Bolero" Condominium at Tiburon.
Bolero at Tiburon islocated within it's very own enchanted
enclave of only Twenty Low-Rise Buildings. Talk about the
ultimate resort destination that offers the finest in luxury living...
Within the naturally preserved surroundings of Tiburon is the
world famous Greg Norman Designed Championship Golf
Course along with the Ritz Carlton Resort Hotel... Bolero
offers you a private, gated community with it's very own
resort style pool and this unit is situated with the most
breathtaking views of not only the golf course, but an
enchanting lake and water feature as well... Come and take
a look at all of the owner enhancements with over 2,230 square
feet of living area not including the Lanai, with Three Bedrooms
, Two full Bathrooms magnificently appointed Florida room,
over sized Great room!
 
Come and view Bolero at Tiburon with me today
and Sunday fron 1:00 to 4:00PM!!! See you there!



Let's Talk...

Michelle DeNomme, Realtor, GRI... 239.404.7787
Let's Talk... Tiburon Resort!
 2870 Castillo Court #103
Listed Price... $595,000


 
Third Floor Riaza Model Floor Plan with the most
breathtaking Views in all ofCastillo! This is the ultimate
resort destination offering the finest in LuxuryLiving with
naturally preserved surroundings such as the World Famous
Greg Norman Designed Championship Golf Course.
This Third Floor Castillo Unit has over 2,502 Square Feet
of Living Area with Three Bedrooms and Two Full Baths,
situated with breathtaking views!
Featuring Fantastic Owner Enhancements. Make cooking a
breeze within your Gourmet Kitchen.You will find this
French Country Designed Cabinetry with white
appliances so enjoyable to share your culinary delights when
entertaining with family and friends. Enhancements to your
home includes, custom designed mud-room with built in
cabinetry.
Buyer Incentive...
Discounted Tiburon Medallion Membership available!
Contact me today by calling 239.404.7787
Let's Talk Marsala at Tiburon!!!

Let's Talk...Tiburon Golf Resort!
 
New Construction
 
14402 Marsala Way


212011257
4+Den, 4.2 Bath, 4242 sq ft
$1,585,000

 
14410 Marsala Way

212011165
3+Den, 3.1 Bath, 3353 sq ft
$1,270,000

 
14419 Marsala Way

212011253
3+Den, 3.1 Bath, 3622 sq ft
$1,378,000


Distinctive Communities has Custom Designed another Exceptional
Single Family Home with the most incredible lots in all of Marsala to live
and play the day away! Come and view Marsala and this custom home designed that will meet your every desire when it comes to quality, design and location!
Contact me today by calling 239.404.7787!