There are 336 condos for resale on Singer Island; 14 condos are currently pending. Four condos were sold within the past 7 days for an average sales price 80% of average list; and average days on market of 270 days.
More on: http://jwalkergroup.wordpress.com/2009/10/17/singer-island-florida-weekly-condo-update-101609-condos-for-sale/
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Title: Points? Taxes? What's a borrower to do?
Date: Sun, 04 Oct 2009 03:43:00 +0000
Author: Allison Sousa
One of my trusted tax referral partners provided me with this valuable information last week. I thought it worthwhile (and possibly worth hundreds of $$$!) to pass on here:
“Most savvy homeowners know that when they refinance the loan on their primary residence, the points generally must be amortized over the life of the loan for income tax purposes. However, if that same individual refinances a second time, the balance of the points charged on the original refi become fully deductible in the year of the new loan. For many, this additional deduction represents a considerable savings in tax dollars. For home sellers that previously refinanced the original mortgage, they will potentially have a greater interest deduction in 2009. “
It is important to keep in mind that these are the “general” rules, and that there will always be exceptions, depending upon a tax-payer’s individual circumstances. But the good news is that it’s not too late to amend tax returns for any eligible tax-payer who may have missed this opportunity in 2005, 2006 or 2007. For more information, contact my referral partner via the form below and “Submit.”