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Ann Arbor, MI

2916 Sharon, Ann Arbor, Not a Short Sale

Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate: Real Estate Agent in Ann Arbor, MI

2916 Sharon Ann Arbor, Michigan 48105For sale in Ann Arbor, priced at $135.000. (not a short sale) 2916 Sharon in Ann Arbor.

Charming bungalow, on a bus route with easy access to University of Michigan and downtown Ann Arbor.

Wonderful fenced back yard with separate gardening area, 2 car garage and a finished basement.

Hardwood floors throughout, new windows,updated electrical and plumbing. Cute and affordable. 

 

Virtual Tour

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Ann Arbor Real Estate Details of 2916 Sharon, Ann Arbor

Ann Arbor Real Estate Talk

2916 Sharon Ann Arbor, Michigan 481052916 Sharon Ann Arbor, Michigan 48105

 

2916 Sharon Ann Arbor, Michigan 48105

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KW LogoMissy Caulk & Team can be reached at 734-216-2822 or email: Missy@MissyCaulk.com

Our TEAM of 6 buyer associates are available to help you relocate to Ann Arbor, Saline, Dexter, Chelsea, Milan, Ypsilanti Township, Clinton, Manchester, Whitmore Lake, or throughout Washtenaw County, MI.

 

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Wordless Wednesday, Afternoon Delight in Ann Arbor

Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate: Real Estate Agent in Ann Arbor, MI

Afternoon Delight in Ann Arbor Michigan.

Everybody is doing it. Using Facebook to promote their business.

Are you?

Afternoon Delight on Facebook

Yummy Menu...great breakfasts.

My photo of Afternoon Delight won an award.I actually won an award from posting this photo on Flickr from Schmap Detroit Guide. I don't really think of myself as a photographer, I just enjoy taking photos.

But, it was nice to get the recognition on one of my favorite restaurants in Ann Arbor.

One of the benefits of blogging on Activerain, is enjoying taking photos of my community.

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KW LogoMissy Caulk & Team can be reached at 734-216-2822 or email: Missy@MissyCaulk.com

Our TEAM of 6 buyer associates are available to help you relocate to Ann Arbor, Saline, Dexter, Chelsea, Milan, Ypsilanti Township, Clinton, Manchester, Whitmore Lake, or throughout Washtenaw County, MI.

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Affecting Ann Arbor Home Buyers - Home Buyers Tax Credits

Kathy Toth Ann Arbor, MI Real Estate: Real Estate Agent in Ann Arbor, MI

tax_benefits

The
$6,500 home buyer tax credit
applies only to people who have previously owned AND LIVED in their homes for at least 5 consecutive years out of 8 and are planning to purchase a new home by or before April 30, 2010. For those who previously owned a home and purchased another one this year, the tax credit will not apply. It starts when the bill is signed, and it is not retroactive. The important thing is that your contract must be signed by April 30, 2010; you need to close on the transaction by June 30, 2010. So if you closed on a home prior to Nov 6th, sorry, you’re not getting anything from the government except the standard IRS refund based on your mortgage payments and property taxes.

Most people are likely to claim the $8,000 or $6,500 dollar tax credit in their 2009 tax returns. But, an immediate refund is available to those who amend their 2008 tax returns. This time around, in order to avoid fraudulent refunds, the IRS will require those claiming the tax credit to attach proof of their new home purchase. Also, all purchasers must prove that they are over 18 years of age. This is great news for our Ann Arbor Real Estate.

The new homebuyers tax credit also expands the income limits for buyers. The adjusted gross income limit for single taxpayers to receive full benefits has risen to $125,000 and to $225,000 for joint income tax payers.

The estimated cost of the extended tax credit bill is likely to be around $11 billion. However, according to the National Association of Realtors (see PDF comparison table), the tax credit has already added more than $22 billion to the nation’s economy and will result in more than 2 million home sales.

The tax credit applies to residences priced up $800,000. The majority of homes sold during the initial tax credit program were priced at under $300,000. Only 20% were priced between $300,000 and $400,000. See home buyer tax credit video.

Since its inception in 2008, about 1.4 million people have filed for the home buyer tax credit. However, despite whatever economic stimulation may have resulted, legislators have indicated that this is likely to be the last time the tax credit will be extended.

There are many creative ways of structuring your home purchase transaction in ways that maximize the benefits of the credit. Here are a few examples:
· The credit applies to 1-4 unit homes as long as you live in one of the units as your primary residence – you could live in one unit and rent out the others
· If two unmarried individuals buy a home, and only one of the individuals qualifies for the credit based on their income or past home ownership status, the individual who qualifies for the credit can claim the full credit. (Note: In the case of married couples, both spouses must qualify for the credit.)
· The credit applies even if you have co-signers on your mortgage loan

Here are some frequently asked questions on the changes to the Homebuyer Tax Credit

Question: Existing homeowner credit: Must the new house cost more than the old house?
Answer: No. Thus, for example, individuals who move from a high cost area to a lower cost area who meet all eligibility requirements will qualify for the $6500 credit.

Question: I am an existing homeowner. On October 25, 2009, I signed a contract to purchase a new home. I have lived in my current home for more than 5 consecutive years and am within the new income limits. I will go to settlement on November 20. If President Obama has signed the bill by the time I go to settlement, will I qualify for the new $6500 tax credit?
Answer: Yes. The existing homeowner credit goes into effect for purchases after the date of enactment (when the bill is signed). There is no reference to the date of contract for the new credit. The provision looks solely to the date of purchase, which is generally the date of settlement.

Question: I am a first time homebuyer but was not within the prior income limits at the time I entered into my contract to purchase on October 30, 2009. I will be covered, however, by the new income limits. If the new rules have been signed into law by the time I go to settlement, will I be eligible for a credit?
Answer: Yes. The new income limitations go into effect as soon as the President has signed the bill. The income limit and other eligibility rules will look to your status as of the date of purchase, which is the settlement date. So if the new rules have been signed when you go to settlement, you should be eligible for the credit (or a portion of the credit if you're within the phase-out range).

Question: I am an eligible existing homeowner. I have a fair amount of equity in my home. I
have found a home with a nonnegotiable
price of $825,000. Will I be able to use any
of the $6500 tax credit?
Answer: No. The $800,000 cap on the cost of the purchased home is firm at $800,000. Any amount
above $800,000 makes the home ineligible for any portion of the credit. The $800,000 is an
absolute ceiling.

Question: I owned my home for 10 years, but sold it two years ago year and have been renting
since. If I purchase a home, will I be eligible for the $6500 tax credit if I meet all the
other eligibility tests?
Answer: Yes. Because you lived in the home for more than 5 consecutive years of the previous 8, you will qualify for the $6500 credit. For example, Say John and his wife bought a home in 2000 and lived there until 2008 when he got a divorce. Whether John has been renting or bought in the interim, he WOULD INDEED be eligible for the credit because he owned a home and
occupied it as his principal residence for 5 consecutive years out of the last 8 years. The
keyword here is "consecutive." As long as he lived in that house for 5 years straight what he
did since 3 years doesn't impact eligibility.

Question: I am an eligible first time
homebuyer. I entered into a contract to purchase on November 1, 2009. Do I have to go to closing before December 1? How does the extension date affect me?
Answer: You do not have to close before December 1. Now it is as if the Nov 30 date had never existed. Therefore, so long as the contract settles on or before June 30, 2010, the purchaser will be eligible for the credit.

Home Buyer Tax Credit Extended and Expanded


Current
New

Effective Date

· January 1, 2009

· December 1, 2009

Deadline

· Close on or before
November 30, 2009

· Contract signed before May 1, 2010, must close before July 1, 2010

· Members of the uniformed services, foreign services, and intelligence employees who served an extended service of 90 days will have until April 30, 2011 and June 30, 2011.

Amount

· First-Timers: maximum of $8,000 or 10% of sales price

· Prior Owners: $0

· First-Timers: Unchanged

· Prior Owners: $6,500 if lived in prior home for at least 5 years of past 8 years

Income Limit

· Individual: $75,000

· Couple: $150,000

· Individual: $125,000

· Couple: $225,000

Other Restrictions

· Home must be primary residence for at least 3 years. If home is sold or buyer moves before 3 years, must re-pay full amount of credit.

· Buyer must be at least 18 years old and not classified as a dependent for tax purposes

· Home must cost less than $800,000

· New Home must be primary residence for at least 3 years following purchase. If home is sold or buyer moves, before 3 years, must re-pay full amount of credit. Exception for military, foreign services, or intelligence with extended 90 days service overseas.

How to claim

· If purchased in 2009, by amending 2009 tax return or claiming on 2010 tax return

· If purchased in 2010, by amending 2010 tax return or claiming on 2011 tax return

Link to previous Home Buyer Credit here.

Click here to search Ann Arbor Real Estate using our complimentary Ann Arbor Real Estate MLS Search service. Alternatively please contact Kathy Toth and the team if you need more specific assistance in your Ann Arbor Real Estate needs.

Kathy Toth and Team
www.KathyToth.com
Keller Williams Realty

Ann Arbor Michigan is One of Top 15 Cities for Commuters to Live In

Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate: Real Estate Agent in Ann Arbor, MI

Ann Arbor CloudAnn Arbor is ranked in the top 15 cities for commuters to live in.

In a new report published this week by US News and World Report and featured on Yahoo Real Estate, it was said:

Ann Arbor, Mich.
 Average commute time: 18.4 minutes
.

Non-car commuters: 27.5 percent

Since it is one of the best-known college towns in America, it shouldn't be surprising that Ann Arbor is not car-heavy. Many of the city's major employers, such as the academic journal service JSTOR, the weather service Weather Underground, and the headquarters for Google's AdWords service are based downtown. That centralized location and Ann Arbor's compact nature make commuting easy for walkers, bikers, and bus riders.

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Read more on Ann Arbor Best Places to Live

Homes to buy in Ann Arbor

More posts on Ann Arbor Area

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KW LogoMissy Caulk & Team can be reached at 734-216-2822 or email: Missy@MissyCaulk.com

Our TEAM of 6 buyer associates are available to help you relocate to Ann Arbor, Saline, Dexter, Chelsea, Milan, Ypsilanti Township, Clinton, Manchester, Whitmore Lake, or throughout Washtenaw County, MI.

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November Events and Entertainment for Ann Arbor Community!

Kathy Toth Ann Arbor, MI Real Estate: Real Estate Agent in Ann Arbor, MI

Winter is all most at our front doors! So grab your family and friends and try something new and exciting before the cold weather hits us like a storm. November in Ann Arbor is fantastic and here's how you can enjoy it: Take a walk in Ann Arbor's Main Street and check out all the window displays, relax and enjoy a wine and food tasting, spend a ladies day out at a local craft show or enjoy some comic relief of some classic horror stories to keep the Halloween spirit still alive. Don’t forget to let me know how you enjoy your experiences!

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1/23/2009 - 3/28/2009
MAMBO ITALIANO - ITALIAN BREADS BAKING CLASS WITH ZINGERMANS

Did you know you can travel from Puglia to Genoa to Sicily without leaving Ann Arbor? In Mambo Italiano, we’ll take you on a bread-baking tour across Italy and you’ll return home with loads of ciabatta, focaccia, and sesame semolina and the skills to make them any time you want to satisfy the craving for an Italian holiday. This is a full day of Italian baking from the poolish to the brushing of olive oil (with a little lunch mid-day, but no napping)! While our loaves are rising we’ll sneak into the Bakehouse to see it done on a much bigger scale.

Zingerman's Bakehouse
3711 Plaza Dr.
Ann Arbor, MI 48108
Map/Driving Directions
Phone: (734)761-7255

Hours: 9:00am-5:00pm
Cost: $250

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2/5/2009 - 2/14/2009 (Fridays, Saturdays, Sundays)
A2CT Studio Series--EARTH AND SKY
This exciting thriller examines the seedy urban underworld where murder leads to an indistinct demarcation between law enforcement and law infringement.

A2CT Studio Theatre
322 W. Ann St.
Ann Arbor, MI 48104
Map/Driving Directions
Phone: (734) 971-2228
Fax: (734) 971-2769
For more information, click here
E-mail: manager@a2ct.org

Hours: Fri. & Sat. @ 8pm, Sun @ 2pm
Cost: $15 Reserved Seating; $10 General Seating

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2/5/2009
LADIES NIGHT OUT
Downtown Saline is rolling out the red carpet for ladies again! Gather up your mom, sister, daughter, best gal-pals, co-workers and cohorts and enjoy special treatment up and down the streets. Our retail stores will have trinkets, specials and drawings for goodies and our restaurants will have food and drink specials. What more could a gal want: shopping, food, drinks, and friends!

Downtown Saline
Michigan Avenue
Saline, MI 48176
Map/Driving Directions

Hours: 3:00pm-8:00pm
Cost: FREE

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2/6/2009
A REVOLUTION IN PLANETARY SCIENCE: THE THREE ZONED SOLAR SYSTEM
Science's view of our planetary system was fundamentally restructured by the 1990's discovery of the Kuiper Belt beyond Neptune and the recent discoveries of numerous Pluto-sized bodies in the Kuiper Belt. S. Alan Stern, former Associate Administrator for Space Science, will be speaking.

Dow Chemistry Building
930 N. University Ave, 1800 of Dow Chemisty Building
Ann Arbor, MI 48104
Map/Driving Directions

Hours: 7:30pm
Cost: FREE

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2/12/2009 (The Ark)
MY FOLKY VALENTINE
What better time than Valentine's Day to explore how married couples make music together? "My Folky Valentine" is an annual celebration of romance!

The Ark
316 South Main St.
Ann Arbor, MI 48104
Map/Driving Directions
Phone: (734)761-1451
For more information, click here

Hours: 8:00pm
Cost: $15

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2/14/2009 (Chelsea Area Chamber of Commerce)
A CHOCOLATE EXTRAVAGANZA IN DOWNTOWN CHELSEA
Valentine’s Day is fast approaching, and there’s no better way to express your love than CHOCOLATE. Bring a loved one to downtown Chelsea on Saturday, February 14th for the ultimate chocolate experience. Participating stores will be marked with red hearts and will offer free chocolate tasting, sales on chocolate-themed merchandise, door prizes, and various activities from noon - 5 pm.

Downtown Chelsea, MI
Downtown Chelsea
Chelsea, MI 48104
Map/Driving Directions
Phone: 734-475-3539
For more information, click here

Hours: 12PM-5PM
Cost: Free

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2/14/2009
GRAND TRADITIONS VALENTINE'S BALL
The Romantic Event of the Season! Enjoy dancing to popular music from 1900 to the 1920's. All levels of dancers are welcome. The pre-ball workshops will get you ready to enjoy the evening.

Pittsfield Grange Hall
3337 Ann-Arbor Saline Road
Ann Arbor, MI 48104
Map/Driving Directions
Phone: (734)769-0041

Hours: 8:00-11:00pm
Cost: $25/person

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2/14/2009
VALENTINE'S DAY STAR PARTY
Come as a pair or come on your own to a special Star Party with the University Lowbrow Astronomers. They will bring telescopes and set up for guided viewing of the night sky. Advance reservations required.

Matthaei Botanical Gardens
1800 N. Dixboro Rd
Ann Arbor, MI 48104
Map/Driving Directions
Phone: (734)647-7600

Hours: 7:00-8:30pm
Cost: $5

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2/15/2009 (Huron Valley Railroad Historical Society)
39TH ANNUAL TRAIN SHOW AND SALE
The Ann Arbor Model Railroad Club is having their annual train show. The show will include over 400 tables, operating layouts, and much more.

The Saline Middle School
7190 N. Maple Rd
Saline, MI 48176
Map/Driving Directions

Hours: 10am-4pm
Cost: $6

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2/19/2009
WHO YOU CALLING A CREAMPUFF?
Ever wonder how to make those tender hollow little cream puff shells? Well join us to find out! Learn the history and basic techniques of creating sweet and savory pastries from pate a choux (pot-a-shoo) dough. You will make your own dough and create éclairs, cream puffs, and savory creations to take home. We’ll also make pastry cream, whipped cream, and chocolate ganache in class to fill your puffs.

Zingerman's Bakehouse
3711 Plaza Dr.
Ann Arbor, MI 48108
Map/Driving Directions
Phone: (734)761-7255

Hours: 5:30pm-9:30pm
Cost: $100

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2/20/2009
ARTINI MARTINI CRAWL 2009
In celebration of its 100th anniversary, the Ann Arbor Art Center has invited the city's most creative restaurants to develop commemorative martinis.

Ann Arbor Art Center
117 W. Liberty
Ann Arbor, MI 48104
Map/Driving Directions
For more information, click here

Hours: 6:00pm
Cost: $35 early bird, $40 after February 6

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2/24/2009
ROYAL CELEBRATION AND CASINO BALL BENEFIT
The Quarter Bistro and Tavern will host its First Annual Royal Celebration to benefit Great Lakes Rabbit Sanctuary. The Quarter will transform into Ann Arbor's own French Quarter with live blues music, festive masks, beads and a speak easy casino.

Quarter Bistro and Tavern
300 S. Maple
Ann Arbor, MI 48104
Map/Driving Directions
Phone: (734)929-9200

Hours: 4:00pm-Midnight
Cost: TBA

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1/31/2009 - 7/5/2009
TRAVELING EXHIBITION FROM NASA
This multi-media, interactive travling exhibition from NASA explores the extraordinary discoveries made by the Hubble Space Telescope, which will be 19 years old in April 2009.

Exhibit Museum of Natural History
1109 Geddes Ave
Ann Arbor, MI 48104
Map/Driving Directions

Hours: Mon.-Sat. 9:00am-5:00pm, Sun 12:00pm-5:00pm
Cost: FREE

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Above was a sampling of the activities occurring in our community during the month of November. More than 56 events are planned in the Ann Arbor area this month. There are many interesting events from science exhibits for adults and children alike, to cooking classes and musical theatre. Please be sure to check out one of the many Valentine's Day events being held next week and show your sweetie a good time.

To view the Ann Arbor Area Convention and Visitors Bureau,
click here and choose your own criteria and dates
.

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Click here to search all Ann Arbor area Michigan homes
and condos with pictures and tours - FREE!

Kathy Toth and Team
www.KathyToth.com
Keller Williams Realty