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The Price Group Recognized Among Top 1%!

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Exclusive Celebration of Success Event in Palm Beach

ST PETERSBURG, FL (October 7, 2015) – The Price Group has been recognized among the top 1% of sales associates affiliated with Coldwell Banker Residential Real Estate in Florida for 2014. David Price attended a gala event in Palm Beach last week to honor the top regional associates from NRT LLC, the largest residential brokerage in the U.S.* The event included more than 125 Coldwell Banker sales associates from Atlanta, Baltimore, Florida, North Carolina, South Carolina, Texas and Washington, D.C.

“It takes a tremendous amount of hard work, dedication and passion to reach this level of business in real estate, and The Price Group is among the best of the best,” said Kate Rossi, executive vice president, Southeast Region, NRT LLC.

Participating agents were treated to dinner, dancing, networking and professional development at The Four Seasons Resort Palm Beach.

 

 

Price Group received the Presidents Circle award in 2010

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The Price Group with Coldwell Banker has qualified to join the real estate network’s International President’s Circle. This prestigious membership has been awarded to the top 2 percent of all sales associate/representative teams worldwide in the Coldwell Banker® system.

“Coldwell Banker is recognized as a leader in the real estate industry because of professionals like DAvid Price and the members of The Price Group,” said Jim Gillespie, president and chief executive officer of Coldwell Banker Real Estate LLC. “The Price Group has been given the International President’s Circle Team Award because of its outstanding dedication to helping customers recognize the value of real estate as a long term investment and finding the home that’s right for them”

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Condo for sale St. Petersburg, The Grande Verandahs on the Bay, Gandy Blvd

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Condo for sale in North East St. Petersburg at 12033 Gandy Blvd #153, St. Petersburg FL 33702.

The Grande Verandahs on the Bay luxury waterfront condominium community on Gandy Blvd. features a fully gated community with controlled entry gates & 2 under building parking spaces right by the lobby. Beautiful 5th floor unit with a split floor plan, huge master suite, with both a soaking tub and large walk-in shower, tray ceilings in the entry and kitchen, huge kitchen featuring granite counter tops, black on black appliances & a walk-in pantry, large inside laundry with additional storage. Panoramic views across the 80 plus acre protected preserve & Old Tampa Bay, you can see water from every window! Owner paid $514k plus in 05 & lived in this unit for 8 months, this is NOT a short sale! The community has a pool/spa and a state of art exercise center in the clubhouse surrounded by lush tropical landscaping. Minutes from Downtown Tampa, Clearwater and St Petersburg HOT Downtown nightlife, restaurants, shops and so much more

To view this home call David Price with Coldwell Banker at 727-851-6189 anytime.

The Waterford town homes in Clearwater FL

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David Price with Coldwell Banker is pleased to announce 2525 Harn Blvd #5, Clearwater, FL 33764. A 2 bedroom 1.5 bath town home listed with Coldwell Banker and The Price Group.

First time home buyer and investors! This like new townhouse built in 2004 is light bright, open and has a very functional floor plan with high ceilings. Huge living and dining room, large kitchen w/island for the gourmet cook, wood cabinets and great storage. Inside laundry room on the 2nd floor. Covered front porch for morning coffee and an open back patio for the BBQ. You are walking distance to the Morningside pool & recreation center & the Trail, the perfect place to bike, roller blade & walk.

This property qualifies for FHA financing with a low 3.5% down payment. First time buyers may be eligible for the $8,000 tax credit. You would need to be under contract before 4/30/10 and close by June 30th 2010. Close to Clearwater beach just 8 miles away, malls, medical facilities, Starbucks and local restaurants. 20 minutes to downtown St. Pete. Not a short sale! So no waiting for 3-6 months to close, you could be living in this home in just 3 weeks.

For a private showing call David Price 727-851-6189 anytime.

First Time Homebuyers $8,000 Tax Credit – New Form and Some Delays

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The IRS released the form Tax credit form 5405 “first time home buyers”
What this means is there have been a whole lot of very frustrated people waiting for the first time homebuyers $8,000 tax credit. I don’t think most people buying a home anticipated the IRS would wait a little over 2 months to get the new form out, leaving people who purchased homes between Nov 6th and today unable to ammend their 2008 tax returns for the credit or file early in 2010.

Things got a little sticker today as well. Now anyone claiming the first time homebuyers $8,000 tax credit, or the step-up credit of $6,500, will not able to E-File! causing longer delays in seeing any money from the credit.
The problem is not necessarily the fault of the IRS but rather the sheer amount of scammers scamming the program. Because of the amount of false claims filed, claiming the credit now requires a few steps previously not in place Print out form 5405
-Provide proof of residency
-Provide signed HUD settlement statement
-Provided signed mortgage statement
-Provide drivers license copy
The IRS has no way to process the extra documentation, except the old fashioned way – by hand. Therefore, no e-file, and expect at least a 3 month wait for your paperwork to make it through the process and receive the credit.
Even with the delay in receiving the credit, and the extra paperwork, the credit is still and excellent way to help homebuyers.
Feel free to contact David Price with Coldwell Banker for more information on how the $8,000 first time homebuyers take credit can help you purchase your Tampa Bay FL property.

December 2009 MLS Stats for Pinellas County FL

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Lot’s of great info here! Take a look at the number of active homes on the market today compared to the past couple of years. The median home price is also on the rise. If we see the unemployment rate go down we could see a much faster recovery in Pinellas County. The number of bank owned homes is also on the way down! Does this mean the end of the great deals? I don’t think so. I’ve seen some great deals in the past few weeks! Like mutiple 3 & 4 bed, pool homes in Clearwater for under $130,000!

Click on the links below and view the pdf. files.

Pinellas December 2009 All Reports: “Condo’s & Single Family”

November 09 monthly foreclosure &short sales report

You still have time to negotiate and buy a “Short Sale” property before the $8,000 first time home buyer tax credit and the $6,500 move up credit runs out! But don’t delay because what I experienced last year was at about 60 days before the end of the tax credit sellers of non “short sale” homes got a higher sold price to list price percentage because they negotiated harder with buyers because they knew that they had the only homes buyers could close on and still get the credit! The morale of the story here is if you want negotiating power, start early.

Have questions? Call or Email me

What does the tax credit mean to you?

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A Great Deal in Real Estate is Now Better

ote: This is intended to provide an overview only – for specific information or individual concerns, please contact your lawyer, accountant and/or financial advisor.

The federal income tax credit for homebuyers has been extended and expanded to now include homeowners who wish to “move on” after 5 years of living in their current property, as well as first-time homebuyers.

First-time homebuyers, or those who have not owned in the last three years, can receive up to an $8,000 tax credit
Homeowners who have lived in a current home consecutively for 5 of the past 8 years can receive up to a $6,500 tax credit
There may be no future extensions, so all qualified homebuyers are urged to act and have a written, binding contract by April 30, 2010 (close by June 30, 2010)
Income limits are now $125,000 for singles, $225,000 for married couples with a $20,000 phase-out of the credit for both.

According to The National Association of Realtors News Release, dated 11/5/09, an estimated $22 billion has already been added to the general economy resulting from the bill and approximately 2 million people will utilize the tax credit in 2009.

For me information call The Price Group today!

Homebuyer Tax Credit

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Real estate Tax credit chart $8,000 & $6,500


Thanks to the newly extended and expanded homebuyer tax credit, first-time homebuyers may still qualify for an $8,000 tax credit and existing homeowners may qualify for a $6,500 tax credit when they buy a new home. That’s a guaranteed federal tax credit that directly reduces the amount of taxes you owe for the entire year. Even if you have little or no federal income tax liability to offset, you may be able to claim the full $8,000 or $6,500 as a refund.
You may qualify for the newly extended $8,000 federal tax credit if*:
You are a first-time buyer or have not owned a home for the past 3 years
You make $225,000 or less if filing as a couple ($125,000 or less if filing single)
You enter into a written contract for sale before May 1, 2010 and close on the new home before July 1, 2010
You don’t sell the home within 3 years of closing
You use the new home as a principal residence, which can be a single-family home, condominium or townhome
The purchase price of the home is $800,000 or less and you did not buy it from a lineal ancestor or descendent
You are not claimed as a dependent on someone else’s tax return
You may qualify for the newly expanded $6,500 federal tax credit if*:
You are an existing homeowner who has owned and lived in your home for any 5 consecutive years out of the last 8 years
You make $225,000 or less if filing as a couple ($125,000 or less if filing single)
You enter into a written contract for sale before May 1, 2010 and close on the new home before July 1, 2010
You don’t sell the home within 3 years of closing
You use the new home as a principal residence, which can be a single-family home, condominium or townhome
The purchase price of the home is $800,000 or less and you did not buy it from a lineal ancestor or descendent
You are not claimed as a dependent on someone else’s tax return