Cardinal Hills Home for Sale!  Come see this wonderfully updated home that has it all. This Eden Prairie home has an open floor plan with vaulted ceilings. Modern updates include new Freize carpet throughout, hardwood floors and freshly painted interior.  The updates don’t stop on the interior! There is a new air conditioner, new roof & recently painted exterior. This house is in great condition! Must See!!

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Interested in school district information and other area information?

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Imagine if your entire back yard was a park!  This home backs up to the beautiful Elm Creek Park with 5400 acres of park and trails.  To top it off, this home shows like a model!  There are 4 large bedrooms and a recently finished family room in the lower level that has plenty of room for those fun gatherings.  Grab your cup of coffee and enjoy it in a kitchen that would lead anyone to cook!

Just take a look for yourself:

Custom built 2 story Crystal home for sale.  Situated on a quiet dead end cul-de-sac on one of the best lots in the area.   Close too pool, library, schools, parks and shopping.  This home boasts large rooms with outstanding storage!  Two story great room gives it a refreshing open feeling and the upper loft is a great bonus.  The walkout basement could be converted into a bedroom retreat.  You could add even more living space in this great home by finishing the second huge area in the basement.  You won’t find a home at this price with bedrooms this size!  To top it off, the backyard has plenty of play room and the extensive landscaping brings further enjoyment.  This one is priced to sell. 

Let’s let the pictures do the talking:

Outstanding Maple Grove Townhome for Sale.  Private end unit with private wooded views and wonderfully open floor plan. This floor plan features a vaulted ceiling, loft, and a large kitchen.  This unit has just  too many upgrades to mention – check out our photos to see the detail! To top it off, its located on the BEST lot in development overlooking a private wooded area! Nearby bike and walking paths are just a few steps away. Main level is all hardwood flooring. Maple kitchen cabinets and silestone counters. New carpet, water heater, dishwasher & more.  This one won’t last long.

Just take a look at this outstanding townhome:

Given these pictures you’re ready to see more right?  Let the Top Plymouth & Maple Grove Realtor take you on a Tour of 16870 79th Place North!

Map this Maple Grove Townhome and see even more photos!  You’re right, at this price this townhome won’t be available for long!

See our detailed page on this outstanding Maple Grove Townhome to estimate your monthly payments or review the local schools.  You won’t be disappointed by the options!

Work with the Top Plymouth Realtor to help you find your next dream home!

Contact the Carpenter Group of ReMax Results!  We can create a Custom Property Search for your next home!

Here’s your chance to own a home in one of the most outstanding Plymouth neighborhoods – Holly Creek!  This fantanstic home is located on a dead end cul-de-sac and is filled with many updates.  The kitchen sparkles with brand new granite counter tops, ceramic tile blacksplash, updated lighting,  cabinet hardware and stainless steel appliances.  This home has 6 bedrooms so everyone can have their own space!  The open design of this home really brings in the light.  With freshly painted walls, this home is ready to move in! 

Holly Creek is a wonderful neighborhood that promotes that “old neighborhood feel”.    Activites are held throughout the year and a community directory helps in finding baby sitters, pet sitting services, plant care, etc.  In the heart of Plymouth, you’re mintues away from serveral grocery, hardware, craft and personal care stores.  In addition, it’s located in the Award Winning Wazata School District and just minutes from the High School! 

I know what you’re thinking – great location, great schools and a great price – what does this home look like?  Well, get ready to be impressed!

Given these pictures you’re ready to see more right?  Let the Top Plymouth Realtor take you on a personal tour:

This is really an outstanding Plymouth Home - Take a more detailed tour!

Map this Plymouth Home and see even more photos!  You’re right, at this price this home won’t be available for long!

See our detailed page on this outstanding Plymouth, Holly Creek Home to estimate your monthly payments or review the local schools.  You won’t be disappointed by the options!

Work with the Top Plymouth Realtor to help you find your next dream home!

Contact the Carpenter Group of ReMax Results!  We can create a Custom Property Search for your next home!

While you may think it’s crazy to tackle the huge task of home buying during the schedule-jammed holiday season and start of a new year, the holidays are actually a great time to find real estate deals in today’s new economy.

Interest rates are at an all-time low, prices are greatly depressed and inventory is plentiful.  Here are five other reasons the start to 2010 promises to be filled with better-than-usual home bargains:

1. Low interest rates – Interest rates and home prices are at all-time lows.

2. Serious sellers – With unemployment rates still high and looming holiday expenses, many home sellers are extremely motivated to sell immediately and are more willing to negotiate a lower home price.

 3. Slower market – With many people busy gift shopping, traveling and entertaining, November and December are traditionally slow for real estate, so sellers are ready to talk in January. On-the-ball buyers can take advantage of that fact and find less competition for the most desirable homes. Fewer buyers and plenty of listings on the market mean bidding wars with other buyers (which can drive up the cost of the home) are less likely to occur.

4. Faster closings – Fewer transactions mean faster closings. The winter months are historically slower months in the mortgage business, files get processed faster.

5. Tax deductions – There are still great incentives for first time home buyers as well as current homeowners until April of 2010.  Don’t miss out on your chance to take advantage of these Government programs. 

See what outstanding homes we have available for sale!

What is the Value of your Current home?  It’s a great time to move up!

Contact the Carpenter Group for professional assistance in selling or buying your dream home!

While it’s the holiday season and the government has even provided some nice “gifts” to potential homebuyers in the form of tax credits, Scrooge is still out there!

Even with all the new regulations and work done to prevent homebuyer fraud, cases are still cropping up!  Buyers and sellers should be very concerned of any advice that sounds suspicious or overly complicated. For example, buyers who are told to conceal any information from their lender should run, not walk, from the professional who offered that advice!  An honest, professional Realtor would not convince you to buy a home you cannot afford by asking you to conceal or “stretch the truth”.  Remember, you’ll be the one “stuck” with the deal!

To combat this situation, the IRS is now requiring homebuyers seeking the tax credit to attach a copy of the settlement statement from their home purchase to their federal tax return as proof of purchase, so keep that paperwork handy!

Work with professionals interested in helping you achieve your long term housing goals.  We’ve built our business on referrals not flashy ads!  We live in the community we service!  With the tax incentives, low interest rates and outstanding home prices, isn’t it time for a move? 

Let the experience of the Carpenter Group help you take that next step with confidence.  We’ve been in the business for years and have many repeat customers who know we represent their best interests!

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The government knows that the housing market will help drive economic recovery and this is great news because the IRS just announced it’s extending the first time homebuyer tax credit until April 30, 2010, and this time around it doesn’t just apply to first time buyers!

Here’s some of the information:

A new law that went into effect Nov. 6 extends the first-time homebuyer credit five months and expands the eligibility requirements for purchasers.

The Worker, Homeownership, and Business Assistance Act of 2009 extends the deadline for qualifying home purchases from Nov. 30, 2009, to April 30, 2010. Additionally, if a buyer enters into a binding contract by April 30, 2010, the buyer has until June 30, 2010, to settle on the purchase.

The maximum credit amount remains at $8,000 for a first-time homebuyer –– that is, a buyer who has not owned a primary residence during the three years up to the date of purchase.

But, here’s the great news for those of you looking to “move up” in your housing needs, the new law also provides a “long-time resident” credit of up to $6,500 to others who do not qualify as “first-time homebuyers.” To qualify this way, a buyer must have owned and used the same home as a principal or primary residence for at least five consecutive years of the eight-year period ending on the date of purchase of a new home as a primary residence.

Home prices have stabilized (particularly in our great area), interest rates are at an all time low and the market is active!  If you’re in that “starter home”, this is a great time to expand.  There are buyers looking for your home and you can find a great price on that “dream home”. 

In addition, the new law raises the income limits for people who purchase homes after Nov. 6. The full credit will be available to taxpayers with modified adjusted gross incomes (MAGI) up to $125,000, or $225,000 for joint filers. Those with MAGI between $125,000 and $145,000, or $225,000 and $245,000 for joint filers, are eligible for a reduced credit. Those with higher incomes do not qualify.

For homes purchased prior to Nov. 7, 2009, existing MAGI limits remain in place. The full credit is available to taxpayers with MAGI up to $75,000, or $150,000 for joint filers. Those with MAGI between $75,000 and $95,000, or $150,000 and $170,000 for joint filers, are eligible for a reduced credit. Those with higher incomes do not qualify.

New Requirements

Several new restrictions on purchases that occur after Nov. 6 go into effect with the new law:

• Dependents are not eligible to claim the credit.
• No credit is available if the purchase price of a home is more than $800,000.
• A purchaser must be at least 18 years of age on the date of purchase.
• For Members of the Military

Members of the Armed Forces and certain federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and still qualify for the credit. An eligible taxpayer must buy or enter into a binding contract to buy a home by April 30, 2011, and settle on the purchase by June 30, 2011.

So if you’ve been thinking about a new home the time couldn’t be better!

Let The Carpenter Group help you reach your goal!

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We’ve seen the headlines in the paper – the government is spending more that it’s making, but one area where federal taxpayer dollars have been effectively utilized is that first-time homebuyer tax credit. Economists will tell you that the key to any future sustainable economic recovery lies in home values stabilizing or, better yet, a return to a historical home price appreciation rate of 3 to 5 percent each year. The housing bubble burst and the excess values have been removed, the trouble actually lies in the fact that home values probably dropped far more than they should have!  The good news is that the monthly mortgage payment for a middle income person buying a middle priced home is well below its historical norm.

A review of the latest data strongly suggests that the homebuyer tax credit has had its intended impact of significantly stimulating home sales. From about 4.5 million annualized home sales pace in the few months prior to the stimulus, sales have jumped to 5.1 million in recent months. That is a change of 600,000 additional existing-home sales. New home sales have risen from the mid 300,000 to low 400,000 range over the similar period. The rise in sales has been concentrated in the lower-priced home segment largely because first-time buyers are looking to stay, rightly, well within their budget.

Housing inventories are starting to return to normal and this will help in boosting prices.  The median existing-home price as of August was down 12.5 percent compared to a nearly 20 percent decline early in the year. In short, sales have risen and home prices are stabilizing.

But the housing stimulus package is set to expire. To take advantage of this credit the sale needs to close before the deadline.  Purchase orders written but not closed will not qualify. Some first-time buyers who are signing contracts to buy in October just may make the deadline.  Ideally we would like to see this buying momentum continue so inventory falls back down to the normal 5 to 7 months, a level consistent with home value stabilization. Once that is accomplished, the consumer “fear factor” of waiting and waiting for a lower price later will no longer be part of the home buying decision. We will have reached a point of housing market self-sustainability. Consumer confidence will be lifted. The wealth impact of consumers opening up wallets for general consumer goods will steadily turn positive. Thus, the broader economy also gets set for a sustainable recovery without needing further stimulus dollars.

For that happy scenario to play out, a time extension on the home buyer tax credit is critically needed. At a cost of about $10 billion (if extended through the middle of next year), the housing market will likely have recovered nicely with the broader economy on track for a solid robust expansion. That $10 billion price tag is rather modest compared to the $700 billion in TARP funding and $800 billion of the broader economic stimulus package that was passed early in the year (with debate still raging over the effectiveness of that broad spending bill). Moreover, the cost of $10 billion is a static measure that does not take into account job creations and increased tax revenue from rising economic activity. Actually, if we take into consideration all of the economic dynamic responses, the homebuyer tax credit can be argued as a net positive revenue generator for the federal government. 

A faster and firmer recovery can happen if the tax credit is opened up to more buyers by making it apply to any buyers – not just first-timers – and by raising the income limit for qualification. It would also contribute to healthy economic activity – a sustained recovery – and thus help to put a dent in the deficit. In short – it’s a win/win. NAR is working hard to get that homebuyer tax credit extended. You can help – by calling, writing or e-mailing your Congressional representatives. It’s good for home buyers and it’s good for the U.S. economy.   Home purchases drive purchases in all areas of the economy!

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Outstanding executive home in the wonderful Ponds at Bass Creek neighborhood.  Well maintained brick front 2 story home with maple kitchen woodwork & floors, granite counter tops, 4 large bedrooms on the second level, main floor laundry, finished walkout basement, Fieldstone gas fireplace, future wetbar, priced to sell!

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