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Short Sale Tax Relief Extended For One Year!

Great News For Homeowners in Scripps Ranch, Stonebridge and San Diego County!  When Congress approved "The Fiscal Cliff" tax deal,  a number of tax provisions that benefit current homeowners were continued.

The Mortgage Debt Forgiveness Act of 2007 has been extended for one more year. According to the National Association of Realtors, "the bill would extend mortgage cancellation relief for home owners or sellers who have a portion of their mortgage debt forgiven by their lender, typically in a short sale or foreclosure sale for sellers and in a modification for owners. Without the extension, any debt forgiven would be taxable, which, for underwater households, represents a financial burden."

The National Association of Realtors also stated "The exclusion from taxes for gains on the sale of a principal residence of up to $500,000 ($250,000 for individuals) remains in effect. Only home sellers whose income is $450,000 or above and the gain on the sale of their house is above $500,000 would pay taxes on the excess capital gains at the higher rate (with corresponding numbers for individual filers). For the vast majority of home sellers, there is no change."

The  extension of The Mortgage Debt forgiveness Act of 2007 is seen as vital to the recovering housing market in San Diego and nationwide.  Short Sales in San Diego County ,Scripps Ranch, and Stonebridge Estates had been surging in anticipation of the end of the mortgage cancellation relief on December 31, 2012. The Mortgage Debt Forgiveness Act will now expire on December 31, 2013.

For more information about how Claude Braunstein & Associates can help you with a short sale, sell your home for the highest possible price, or to search for your new home anywhere in San Diego, Scripps Ranch or Stonebridge Estates contact Claude Braunstein or phone our team at 858 271-7770. A Coldwell Banker affiliate with over 30 years of experience, Claude and his experienced team can assist with regular sales, short sales or relocations. We can also help you find the right home at the right price. Additional information is available on our website www.ClaudeBraunstein.com , where you can also search the MLS for a suitable home



http://www.scrippsranchrealestateandcommunityinfo.com/00BF93
Posted on January 04, 2013 21:01:48 by Claude Braunstein & Associates
 

SOLD! Scripps Ranch Home Remodeled to Perfection

Claude Braunstein & Associates proudly offers for sale this designer's own home, remodeled to perfection.  This 4 bedroom and 2.5 bath home is located on a quiet cul- de-sac in the family friendly Legacy Pavillion neighborhood of Scripps Ranch.  The open floorplan is bright and inviting with lots of natural lighting.  The home is newly painted and the owner has upgraded this Scripps Ranch home with numerous upgrades including six inch base boards, crown moldings and plantation shutters.  The home features, travertine flooring on the lower level and solid beech plank flooring upstairs.

This Scripps Ranch Legacy home has a gourmet, eat in kitchen with raised wood cabinets, granite countertops, stainless appliances and travertine flooring. A cozy family room with fireplace adjoins the kitchen.  The spacious master bedroom suite provides a peaceful retreat from the cares of the day with its cathedral ceiling, mirrored walls and lage master bath.

The private, oversized backyard features lush, tropical landscaping with a waterfall and mature fruit trees. Legacy Pavillion residents enjoy lighted tennis courts and park like common areas. The HOA fees are low and there are no Mello Roos assessments. Click here to view floor plans for Legacy Pavillion homes.

For more information about how Claude Braunstein & Associates can help you sell your home for the highest possible price, or to search for your new home anywhere in San Diego, Scripps Ranch or Stonebridge Estates contact Claude Braunstein or phone our team at 858 271-7770. A Coldwell Banker affiliate with over 30 years of experience, Claude and his experienced team can assist with regular sales, short sales or relocations. We can also help you find the right home at the right price. Additional information is available on our website www.ClaudeBraunstein.com , where you can also search the MLS for a suitable home.

 

 

 



http://www.scrippsranchrealestateandcommunityinfo.com/00BF82
Posted on November 09, 2012 15:52:57 by Claude Braunstein & Associates
 

SOLD! Spectacular Remodeled Home For Sale in Scripps Ranch

Claude Braunstein & Associates have recently listed another Spectacular Remodel in desirable Scripps Ranch. This spacious 4 bedroom, 3 bath home is located in the Legacy Prestige subdivision. This Scripps Ranch home measures approximately 3040 square feet of living space so there is lots of room for gracious living.  

This light and bright Scripps Ranch home features many upgrades including beautiful new travertine flooring. The gorgeous gourmet kitchen has upgraded hardwood cabinets, tile floors and granite countertops. The Master Suite has a fireplace, his and hers walk in closets, oversize tub, separate shower and view balcony. There is also a private retreat adjoining the master suite.  A three car garage allows plenty of room for your vehicles.

Residents have access to private lighted tennis courts.  This friendly neighborhood shows great pride of ownership and lovely landscaped homes. Children may attend award winning Scripps Ranch schools or excellent nearby private schools. The HOA fee is low and there are no Mello Roos taxes on this home. Click here for Legacy Prestige floor plans.  For more information about this home please contact Claude Braunstein at claude@claudebraunstein.com or phone 858 271-7770.

For more information about how Claude Braunstein & Associates can help you sell your home for the highest possible price, or to search for your new home anywhere in San Diego, Scripps Ranch or Stonebridge Estates contact Claude Braunstein or phone our team at 858 271-7770. A Coldwell Banker affiliate with over 30 years of experience, Claude and his experienced team can assist with regular sales, short sales or relocations. We can also help you find the right home at the right price. Additional information is available on our website www.ClaudeBraunstein.com , where you can also search the MLS for a suitable home.

 



http://www.scrippsranchrealestateandcommunityinfo.com/00BF80
Posted on October 14, 2012 15:21:40 by Claude Braunstein & Associates
 

WHY YOU SHOULD JOIN THE SCRIPPS RANCH CIVIC ASSOCIATION (SRCA)!

WHY YOU SHOULD JOIN THE

SCRIPPS RANCH CIVIC ASSOCIATION

 

 For over 40 years, the Scripps Ranch Civic Association, SRCA, has looked out for the interests of our community.  Over the years, SRCA has provided a core of volunteers who have shaped our community through contributions to community causes such as schools, clubs, athletics and community events and by lobbying the city, county and state governments for needed necessities such as parks and road improvements.  When over 340 Scripps Ranch residences were devastated by the Cedar wildfire in 2003, SCRA was there to organize relief for the stricken homeowners.  More recently, when the city government decided to shut down the Scripps Ranch Community Center, SRCA negotiated with the city to take over operation of the Center, assuming responsibilities for its expenses in order to preserve the Center for use by our community organizations.  The Scripps Ranch Community Center is the only San Diego community center to have survived the city budget cuts.   

Not a day goes by that you cannot find a newspaper or magazine article decrying the sad state of our city and state finances and reporting that this or that program will need to be cut.  Our elected representatives are especially fond of cutting library hours, community centers, and recreational facilities.  While many communities have resigned themselves to accepting these "necessary" cut backs in city cervices, SRCA has been out there actively lobbying on behalf of the Scripps Ranch Community.  It saved the Scripps Ranch Community Center and it is actively lobbying the city to minimize the impact of the budget cuts on our library and recreational facilities.  It is also working with the city to maintain and improve our road surfaces and to keep traffic moving in the light of new developments in both Scripps Ranch and across the I-15 freeway in Mira Mesa.

 Why Join SRCA?  Because, now, more than ever, we need you to stand up and be counted. While your membership fee will be used to maintain, support and improve our community, your membership, itself, is crucial to the success of our lobbying mission. In numbers there is strength!

 

Please join SRCA and help keep Scripps Ranch the strong and viable community we have all come to love.  Scripps Ranch Needs you.  Click here to join the SRCA today!

                   

                                                       Claude Braunstein- Chairman, Membership Committee



http://www.scrippsranchrealestateandcommunityinfo.com/00A657
Posted on May 01, 2012 19:27:51 by Claude Braunstein & Associates
 

SOLD! Beautifully Upgraded Three Bedroom Timberlane Condominium For Sale In Scripps Ranch

An elegant townhome located in the highly desirable community of Scripps Ranch is now available for sale and eagerly awaiting the arrival of its new owners.

This 1686 sqare foot spacious Scripps Ranch Condo  boasts 3 bedrooms, a loft which could be converted into a fourth bedroom, and two and one half baths. The buyers can move right in to this lovely Scripps Ranch home with its new designer paint and upgraded flooring.  The gourmet kitchen features granite countertops and new stainless steel appliances. The living room has a cozy firplace for chilly evenings. The new owners can spend the summer splashing in the Timberlane community pool. There is a convenient attached two car garage.

The location of this home is amazing.  It is but a few steps from Hendrix Pond and its resident duck population as well as Hoyt Park with its summer concerts and community events.  The new owners will be able to walk to Vons, Starbucks, various restaurants and the private Scripps Ranch Swim and Tennis Club. Miramar Lake recreation area is also close by. Nearby freeways make easy commuting to anywhere in San Diego County   The local Scripps Ranch Schools are very highly rated.

 

  For more information about how Claude Braunstein & Associates can help you sell your home for the highest possible price, or to search for your new home anywhere in San Diego, Scripps Ranch or Stonebridge Estates  contact Claude Braunstein  or phone our team at 858 271-7770.  A Coldwell Banker affiliate with over 30 years of experience, Claude and his experienced team  can assist with regular sales, short sales or relocations.  We can also help you find the right home at the right price.  Additional information is available on our website www.ClaudeBraunstein.com , where you can also search the MLS for a suitable home.



http://www.scrippsranchrealestateandcommunityinfo.com/00BF5B
Posted on April 30, 2012 22:31:09 by Claude Braunstein & Associates