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Posts Tagged ‘New Home Tax Credit’

ZippGo @ Altaire – Move Green. Save Green.

August 9th, 2010 by Altaire Townhomes

Altaire in Palo Alto has a lot of new homebuyers!  With all the new buyers moving in, we thought we’d share an alternative to a traditional move for your new Green Point Rated home at Altaire.

We’d like to introduce you to a local company that delivers sustainable moving supplies to you – ZippGo. Not only does ZippGo use 100% recycled plastic re-usable boxes, their delivery trucks are also fueled by local biofuel stations. And Zippgo is affordable! Move green, save green…

ZippGo’s three bedroom package includes a 2 week rental, free delivery and pickup, 50 reusable moving boxes, and a dolly to help move the boxes. This package is only $199 and the rental can be increased from 2 weeks to 3 or 4 for a small increase in total price. A complete list of ZippGo’s package pricing can be found here.

NEW beautifully appointed townhomes and condos are now available, including  1, 2, 3, and 4 bedroom homes, with a variety of floor plans to meet every lifestyle.  Tour 1 bed / 1 bath condos to  4 bedroom / 3.5 bath townhomes all at our award winning Build-it-Green community in Palo Alto.

Join Altaire on Twitter and Facebook as we share news about our community and the greater communities of Palo Alto and Silicon Valley with friends, homeowners and community members!

Take a Video Tour of Altaire with Kim

Related Articles:

Altaire is an Upscale Community located in beautiful Palo Alto. Now Selling New Contemporary-Style 1,2,3 and 4 bedroom homes.
Altaire Homes 3901 Fabian Way, Palo Alto, CA 94303 | 650.966.8881 Exclusively represented by: Pacific Marketing Assoc. #01220373

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Hurry – Only 6 Remain at Altaire!

February 4th, 2010 by Altaire Townhomes

Altaire-6-remain

Only 6 left…one of each floor plan remains! If you have been thinking about buying at Altaire, now is the time.  Don’t miss out!

And if you purchase this weekend, you are still eligible to register your children in the Palo Alto school district for the 2010/2011 school year.  School Districts are the #2 most desirable amenity when selecting a new home, second only to location. (According to our Altaire blog poll.) We’ve listed all of the important registration details below for your convenience.

Important Dates

2010/2011 School Year*

Priority 1 Status:

Registration must be submitted online between January 5 and February 10, 2010

Priority 2 Status:

Registrations completed after February 10, 2010 are date and time stamped based upon online submission date.

In October, 2009 we shared an article by Chris Kenrick from Palo Alto Online: Palo Alto fourth in state among K-12 districts.

“On California’s basic measure of academic achievement, the California Standards Tests (CST) in English and math, 85 percent of Palo Alto second- through eighth-graders scored “advanced” or “proficient.” More than 50 percent scored “advanced.”  Read Full Article

If you would like more information on Palo Alto Unified School District and its strategic plan to provide a first-class educational program to all of its students, more information is on the PAUSD site.  PAUSD Website

* Important dates taken directly from the PAUSD website (link above). Be sure to review all registration requirements carefully, as there is no guarantee of registration. If you have questions, contact Central Attendance at centattendance@pausd.org or (650) 329-3707.

Related Articles:

Altaire is an Upscale Community located in beautiful Palo Alto. Now Selling New Contemporary-Style 1,2,3 and 4 bedroom homes.
Altaire Homes 3901 Fabian Way, Palo Alto, CA 94303 | 650.966.8881 Exclusively represented by: Pacific Marketing Assoc. #01220373

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Altaire Don’t Miss the February Events at Oshman Family JCC

February 2nd, 2010 by Altaire Townhomes

Just a short walk from the front doorstep of your new home  at Altaire, you can enjoy Palo Alto’s  Oshman Family JCC! With state-of-the-art facilities and organized programs serving preschoolers to retirees, and those in-between, there is something for everyone to enjoy in our amazing community!

The JCC has a variety of cultural events for the whole family.  Check out their reviews on Yelp!
The following is a list of February events at the JCC:

MonthlyCalendar_Feb2010

The days of rushing in all different directions for work, school, daycare, culture, and recreation are over. Take a deep breath and reflect on a life well lived. Relax by the pool, in the yoga studio or at your favorite cafe.  If you are seeking a more balanced approach to living, look no further than Altaire Townhomes in Palo Alto.

Phase Close-out! Only a few remain…

http://www.regishomes.com/altaire/

Related Articles:

Altaire is an Upscale Community located in beautiful Palo Alto. Now Selling New Contemporary-Style 1,2,3 and 4 bedroom homes.
Altaire Homes 3901 Fabian Way, Palo Alto, CA 94303 | 650.966.8881 Exclusively represented by: Pacific Marketing Assoc. #01220373

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Buyer Tax Credit To End

December 28th, 2009 by Altaire Townhomes

If you have considered purchasing a home, but are waiting for that “perfect time to buy” take note… The Buyer incentive tax credit may not be renewed for a third time.  According to industry leaders and lawmakers, the provision that puts up to $8,000 in buyers’ pockets will soon come to an end.

In a recent Los Angeles Times article, the end of the program was explained. Home buyers hoping to take advantage of a new or extended tax credit should not procrastinate: This third bite at the apple will be the last.

Legislative advocates of the $8,000 credit for first-time buyers and the $6,500 credit for move-up buyers made it clear during the debate on Capitol Hill that the benefits would not be renewed when they expire. This fact was confirmed by a lobbyist for the National Association of Realtors at the organization’s annual convention last month.

So what does that mean for potential buyers?  If buyers meet the income eligibility requirements, they have until midnight April 30, 2010 to be in contract and must close escrow by midnight June 30th to qualify.

A Brief History of the Buyer Credit Programs -

The original buyer credit, part of the Housing and Economic Recovery Act of 2008, was not as effective as anticipated by legislators. There were relatively few takers, due to the fact that the credit took the form of a no-interest loan rather than a true credit, requiring the purchaser to “pay back” the credit.

In the American Recovery and Reinvestment Act of 2009, lawmakers made the incentive to purchase more appealing by increasing the credit to a maximum of $8,000 for new buyers who closed before December 1st. The only requirement imposed for the program to be a true credit for the buyer – the taxpayer must not move out of the property for a three-year period following the purchase.

This second attempt at stimulating sales and removing standing inventory was extremely successful, so much so that that the housing lobby implored Congress to help keep the momentum going. Lawmakers extended the deadline for first-timers and even added a “long-term resident” tax credit for repeat buyers who owned their current home for at least five consecutive years out of the last eight.

An excellent summary of the current program can be found here.

Alas, all good things must eventually come to an end, and so it seems that the significant tax credit for purchasing a home in today’s market will soon run its course.

So if you have been considering making a purchase at Altaire, now is the perfect time to buy in order to take advantage of this great opportunity!

Related Articles:

Altaire is an Upscale Community located in beautiful Palo Alto. Now Selling New Contemporary-Style 1,2,3 and 4 bedroom homes.
Altaire Homes 3901 Fabian Way, Palo Alto, CA 94303 | 650.966.8881 Exclusively represented by: Pacific Marketing Assoc. #01220373

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