Real Estate Information

Greetings neighbors,

Have plans yet for this wonderful Saturday in Atlanta? Take a look at what the Zac Team found to do around the city today!

Paul Mitchell Charity Carnival & Yard Sale - Bring the family out for a day of fun @ Paul Mitchell the School of Atlanta - 887 W Marietta St NW, Suite A, Atlanta, GA, 30318 (404) 888-0070. Time: 10am, Price: $0.50 per ticket!

Suzuki Spring Artist Market - Come out and view a wide variety of vendors @ Suzuki School - 443 East Paces Ferry Road, Atlanta, GA, 30305, (404) 869-1042. Time: 10am - 7pm, Price: Free!

March 26th at Mason Murer Fine Art - Come and view new work from artist such as Karen Hollingsworth, Virginia Parker, Thomas Boone, and others @ Mason Murer Fine Art - 199 Armour Dr., Atlanta, GA, 30324, (404) 879-1500. Time: 12pm - 5pm, Price: Free!

Studio Spring Break - Come out and make your own car @ Woodruff Arts Center: High Museum of Art - 1280 Peachtree St. N.E., Atlanta, GA, 30309, (404) 733-4444. Time: 1pm.

Enchanted Closet 8th Annual Prom Dress Giveaway - Know someone going to prom and need a dress? Come out to Rialto Center of the Arts - 80 Forsyth St. NW, Atlanta, GA, 30303, (404) 651-4727. Time: 9am - 2pm, Price: $10 Processing Fee, Dresses and Accessories are free!

The Great White Wine Tasting at The Mercantile - Come out and utilize your taste bugs @ The Mercantile - 1660 Dekalb Ave., Atlanta, GA, 30307, (404) 378-0096. Time: 12pm - 3pm, Price: Free!

UFC 112 Viewing Party - Fan of the UFC ? Cheyenne Grille and Sports Bar is where you need to be - 2391 Peachtree Rd. NE, Atlanta, GA, 30305, (404) 842-1010.Time: 1pm.

"Feed Your Soul" Art Exhibit - Come out for an evening of soul @ Urban Grind Coffeehouse - 962 Marietta St., Atlanta, GA, 30318, (404) 724-0605. Time: 6pm - 9pm, Price: $15-$350.

Atlanta Sneaker Ball 2010 - Come out and celebrate the different people of Atlanta at this formal engagement where sneakers are actually allowed @ The Gallery at King Plow Art Center - 887 Marietta St. NW, Atlanta, GA, 30318. Time: 7pm, Price: $75 per person.

David Gray - Come out and enjoy the English singer-songwriter @ The Boisfeuillet Jones Atlanta Civic Center - 395 Piedmont Ave., Atlanta, GA, 30308, (404) 523-6275. Time: 7:30pm, Price: $38 - $53.

Sol Saturdays at Room Service Lounge - Come out and enjoy soul, classic hip hop, and drink specials @ Room Service Lounge - 1937 Piedmont Circle, Atlanta, GA, 30324, (404) 249-7775. Time: 8pm - 3am, Price: Free Admission all night!

Greetings neighbors,

Looking for a reasonably priced home here in Atlanta? Well this may be the place for you! Check out this 1 bedroom, 1 bath renovated top floor condo at 3091 Colonial Way G4 in Georgetown Atlanta.

You are guaranteed to love the floor plan's open living room and dining room with an abundance of natural lighting. In addition, the newly remolded kitchen will prove to be a cook's dream with Ikea cabinets, butcher block counters, and marble flooring!

Other amenities of the Georgetown community include pool, tennis, gym and much fabulous location close to highways, shopping and much more!

View the virtual tour here!

For more information and the most current price of this home, please call our 24-hour hotline for free, recorded information at 1.888.510.1884 and enter code 2954.

Areas we serve: Decatur Georgia, Buckhead Atlanta Georgia, DeKalb County, Fulton County, Avondale Estates, Ansley Park, Virginia Highland, Poncey-Highland, Poncey Highland, Morningside, Candler Park, Grant Park, Lake Claire, Druid Hills, Emory, Inman Park, Downtown Atlanta, Midtown Atlanta, Little Five Points, Edgewood, Cabbagetown, Reynoldstown, East Atlanta, Kirkwood, Oakhurst, Medlock, Fernbank, Castleberry Hill, East Lake, Georgia Tech, Georgia State, Atlanta lofts, Atlanta condos, Atlanta luxury condos, Atlanta townhouses.

Greetings neighbors,

As mentioned in one of our previous post "4 Good Tax Laws for Homeowners...", homeowners do have a few things to look forward to in today's improving market. Here are 3 other tax laws many home owners should be aware of.

Surviving Spouse Home Sale Tax Exclusion - Did you know that a widow or widower can receive some tax relief in relation to the sale of the family home due to a provision in the Mortgage Forgiveness Debt Relief Act of 2007?

Typically a seller can exclude up to $250,00 in profit from the primary residence. If sold by a married couple filing a joint return, the tax free amount is $500,000. Previously surviving spouses could take advantage of the full sale exclusion of $500,000 only if the sale occurred during the same year of the spouse's death. If the primary home was sold after the year of death, the surviving spouse was entitled to only $250,000 of the exclusion amount.

However, now the surviving spouse can exclude up to the full amount of $500,000 if the home is sold within two years of the spouse's date of death. In addition, the surviving spouse will still need to meet the regular ownership and use requirements which are the surviving spouse must have utilized the property as their primary residence for two of the five years.

Note: The Surviving Spouse Home Sale Tax Exclusion is currently a permanent law.

Energy - Saving Home Improvements - These particular tax breaks started to appear in the 2005 energy bill and in 2009, those tax benefits were expanded. If you have made qualifying improvements to your home between Feb. 17, 2009 and the end of this year, you are eligible to claim a tax credit up to 30% of the cost of products. The maximum credit cap is $1,500 per homeowner for all home improvements combined. If a homeowner uses more extravagant energy saving improvements such as fuel cells or solar heating equipment they may receive an even larger tax savings.

Second Home Sale Limits - Beginning early 2009, tax laws regarding second home sales were changed to assist in paying for the new housing related tax breaks.

Before, those who owned more than one home could utilize one of the homes as a primary residence for two years, then sell the home, and keep any gains tax free up to $250,000 if single or $500,000 if owned by a married couple filing joint returns. Now, it is taken into consideration the total amount of time the property was used as an investment property or second home. Now, owners will owe tax on part of the money gained based on the length of time the home was used as a second home opposed to a primary home.

Note: This is currently a permanent tax law change.

This coming Sunday, April 11th, 2010 is Open House Day across the U.S.! We invite all of you to visit our zac team open houses listed below between 3-5 p.m. on Sunday!

946 Rosedale Road a restored 4 / 4.5 Virginia Highland Craftsman with wine cellar!
FMLS 4035513  |  Full info: http://www.zacsellsatlanta.com/property/946-Rosedale-Road-Atlanta-Georgia

756 Elkmont Drive a 3 / 2 brick bungalow in Virginia Highland near Piedmont Park!
FMLS 4036043  |  Full info: http://www.zacsellsatlanta.com/property/756-Elkmont-Drive-Atlanta-Georgia

3287 Ferncliff Place a 4 / 3 gorgeously updated home in Pine Hills
FMLS 4017987  |  Full info: http://www.zacsellsatlanta.com/property/3287-Ferncliff-Atlanta-Georgia

971 Taft Avenue a lavish traditional 3 / 2.5 in Midtown walking distance to Piedmont Park!
FMLS 4001565  |  Full info: http://www.zacsellsatlanta.com/property/971-Taft-Avenue-Atlanta-Georgia 

 1199 Arborvista Drive a lovely 4 / 4 Biltmore Estates home on a corner lot!
FMLS 4040810  |  Full info: http://www.zacsellsatlanta.com/property/1199-Arborvista-Drive-Atlanta-Georgia 

481 Harold Avenue a 3 / 2 remodeled bungalow in Lake Claire!
FMLS 4036211  |  Full info: http://www.zacsellsatlanta.com/property/481-Harold-Avenue-Atlanta-Georgia  

972 Wylie Street a custom 3 / 2 home in Cabbagetown with elegant master suite!
FMLS 4022388  |  Full info: http://www.zacsellsatlanta.com/property/972-Wylie-Street-Atlanta-Georgia  

1113 Morningside Place a 2 / 2.5 Morningside townhome with 2-car garage!
FMLS 4032504  |  Full info: http://www.zacsellsatlanta.com/property/1113-Morningside-Place-Atlanta-Georgia 

 2979 Randolph Road a 3 / 3 classic ranch with screened porch in Randolph Estates!
FMLS 4046010  |  Full info: http://www.zacsellsatlanta.com/property/2979-Randolph-Road-Atlanta-Georgia 

 1942 Delano Drive a 3 / 2 Craftsman walking distance to the heart of Kirkwood!
FMLS 4024267  |  Full info: http://www.zacsellsatlanta.com/property/1942-Delano-Drive-Atlanta-Georgia 

 2384 Melinda Drive a 4 / 3 in Echo Hills with updated kitchen and stylish tile!
FMLS 4045605

Greetings neighbors,

How would you like to come home to this luxurious city loft at 232 Bradberry St. SW #10? This wonderful two story, 2 bedroom, and 2.5 bath is located in historic Castleberry Hill Loft District!

You are guaranteed to love the home's features such as: exposed brick, steel beamed ceiling, hardwood floors, and custom lighting!

In addition your open kitchen with Corian counters, stainless steel appliances, cherry cabinets, breakfast bar, and views to the porch will surely enhance your cooking experience.

Upstairs is where you will find a master suite with walk-in closet and master bath with dual vanities, and shower room with glassed-in tile shower and bathtub. You will also find a another full bath and laundry room on the second floor.

You will be trilled to know that this wonderful home has had only one owner and includes additional amenities such as: gated community, sprinkler system, thermal glass, security system, fresh paint, and full appliance package!

View the virtual tour here!

For more information and the most current price of this home, please call our 24-hour hotline for free, recorded information at 1.888.510.1884 and enter code 2874.

Areas we serve: Decatur Georgia, Buckhead Atlanta Georgia, DeKalb County, Fulton County, Avondale Estates, Ansley Park, Virginia Highland, Poncey-Highland, Poncey Highland, Morningside, Candler Park, Grant Park, Lake Claire, Druid Hills, Emory, Inman Park, Downtown Atlanta, Midtown Atlanta, Little Five Points, Edgewood, Cabbagetown, Reynoldstown, East Atlanta, Kirkwood, Oakhurst, Medlock, Fernbank, Castleberry Hill, East Lake, Georgia Tech, Georgia State, Atlanta lofts, Atlanta condos, Atlanta luxury condos, Atlanta townhouses

Hello neighbors,

Although the economy and housing market had a few hurdles, remember there is still good news for U.S. home owners. With the creation of a variety of tax laws by U.S. lawmakers, home owners are finally filling some relief. Check out 4 tax laws that all homeowners should know.

Cancellation of debt income - 2007's Mortgage Forgiveness Debt Relief Act was one of the first housing related tax relief measures that was implemented. This act enables taxpayers to omit debt forgiven on a principal residence if foreclosure occurs or if the mortgage is reconstructed. Prior to this act, homeowners were required to pay taxes on the amount of forgiven mortgage debt. In the case of foreclosures, debt was canceled.

First Home Buyer Credit - This popular credit was created in 2008 and has encountered many modifications since. This tax credit law allows first time qualified home buyers to receive up to $8000 and $6500 for non first time buyers.

PMI Deduction - Normally, if a buyer gives a down payment of less than 20 percent, the lender will require private mortgage insurance (PMI) which will protect them if the buyer defaults. In addition, premiums must be paid which usually becomes apart of the monthly mortgage payment. However, the premium payments have been deductable as an itemized expense on certain home loans issued since 2007.

Note: If your adjusted gross income is $100,000 or more, or $50,000 or more if married and filing separately, your deducted PMI amount is limited. If you adjusted gross income is more than $109,000 or $54,500 if married and filing separately you will not get a deduction.

Property Tax Addition to Standard Deduction - This is another well known tax break on homes which has been expanded. Before, real estate taxes were popular tax deductions for those who homeowners who itemized. These payments could be used to increase tax payer's deduction totals.

Now, those homeowners who do not itemize can claim a portion of their real estate tax payments as part of the standard deduction. An additional $500 for single homeowners and an additional $1000 for joint filers can be added to the standard deduction amount of the taxpayer's.

Greetings neighbors,

Here's a list of events the zac team found for this beautiful Sunday afternoon.

The Big South Volley Ball Tournament - Test your skills at Georgia World Congress Center - 285 Andrew Young International Blvd. NW, Atlanta, GA, 30313, (404) 223-4000. Time: 12pm.

Curious George Live! - Treat the family to this adorable show at Fox Theatre - 660 Peachtree St. N.E., Atlanta, GA, 30308, (404) 881-2100. Time: 1:00pm, Price: $17-$90. For more info click here!

Georgia Tech Baseball - Georgia Tech will take on Duke at Russ Chandler Stadium - 255 Ferst Dr NW, Atlanta, GA, 30313. Time: 1pm

Easter Sunday Jazz Brunch - Come out and enjoy smooth jazz and great food at MARKET Buckhead - 3377 Peachtree Road NE, Atlanta, GA, 30326, (404) 523-3600. Time: 11:30am - 2:30pm.

High Teas - Come out and enjoy splendid pots of tea at Atlanta Botanical Garden - 1345 Piedmont Ave. NE, Atlanta, GA, 30309, (404) 876-5859. Time: 1pm-5pm. Price: $50 per person, $35 garden member. Contact Sun in my Belly at 404.370.0856 or gardencafe@suninmybelly.com to make a reservation.

Eva Kennedy Live at Sambuca - Come and witness singer/songwriter Eva Kennedy at Sambuca Jazz Cafe - 3102 Piedmont Rd. N.E., Atlanta, GA, 30305, (404) 237-5299. Time: 5:30pm, Call for reservations, 404-237-5299.

ZD Wine Dinner - Come and enjoy a 5-course wine dinner and support alternative cancer treatments at Toulouse - 2293 Peachtree Road N.E., Atlanta, GA, 30348, (404) 351-9533. Time: 6:30pm, Price: $125.

"Russian Tea Party" - Come and view paintings by Alexander Kanchik and Vladislav Shereshevsky at Marcus JCC of Atlanta "Fine Family Art Gallery" - 5342 Tilly Mil Rd., Atlanta, GA, 30338, (770) 396-3250. Time: 1pm-6pm. Price: Free!

Greetings neighbors,

Get out and enjoy another wonderful Saturday here in Atlanta. Take a look at our list of events going on around the city today.

Dinosaur Egg Hunt - Bring the kids out for a fun filled time at Fernbank Museum of National History - 767 Clifton Rd. NE, Atlanta, GA, 30307, (404) 929-6400. Time: 10:00am.

Gorilla Egg Hunt - Come and enjoy this annual tradition at Historic Grant Park at Zoo Atlanta - 800 Cherokee Ave. S.E., Atlanta, GA, 30315, (404) 624-9453. Time: 2:00pm, Price: General Admission.

Curious George Live! - Treat the family to this adorable show at Fox Theatre - 660 Peachtree St. N.E., Atlanta, GA, 30308, (404) 881-2100. Time: 10:30am, Price: $17-$90. For more info click here!

Orchid Market - Come out for this orchid based shopping experience at Atlanta Botanical Garden - 1345 Piedmont Ave. NE, Atlanta, GA, 30309, (404) 876-5859. Time: 9am-5pm.

Springtacular - Come celebrate spring at Borders Books - 4745 Ashford Dunwoody Rd., Atlanta, GA, 30338, (770) 396-0004. Time: 11am - 12pm.

Meet the Author - Come out and meet local author Sharon Foster Jones as she signs copies of her newest release The Atlanta Exposition at Borders Books and Music - Buckhead - 3637 Peachtree Rd. NE, Atlanta, GA, 30319, (404) 237-0707. Time: 4:00pm.

Atlanta Hawks - Come and see the Hawks take on the Detroit Pistons at Philips Arena - One Philips Dr., Atlanta, GA, 30303, (404) 878-3000. Time: 7pm. Ticket info.

Atlanta Symphony Orchestra - Come and delight your years to wonderful selections by Atlanta's own orchestra at Atlanta Symphony Hall - 1280 Peachtree St. NE, Atlanta, GA, 30309, (404) 733-5000.. Time: 8pm.

Sol Saturday at Room Service Lounge - Free admission all night at Room Service Lounge - 1937 Piedmont Circle, Atlanta, GA, 30324, (404) 249-7775. Time: 8pm-3am.

"Get Cozy" w/ DJ Cozy Shawn - Come out and enjoy a night of topas and soul at Rare Soul Topas - 554-A Piedmont Ave., Atlanta, GA, 30308, (404) 541-0665. Time: 10pm -2:30am.

Greetings neighbors,

Happy Friday and happy Good Friday to those who my observe Good Friday. Looks like we have another beautiful day in store for today and we must get out and enjoy! Look what the zac team has found for you to do today.

William Mize Exhibition and Group Show - Reception for an exhibition featuring new works by Atlanta artist William Mize at Alan Avery Art Company- 315 E. Paces Ferry Road N.E., Atlanta, GA, 30305, (404) 237-0370. Time: 10am-6pm. Price: Free

The Big South Volleyball Tournament - Come and show your skills at Georgia World Congress Center - 285 Andrew Young International Blvd. NW, Atlanta, GA, 30313, (404) 223-4000. Time: 12pm, Click here for more info!

Student Concert Series - Come enjoy free lunch and lovely music at Florence Kopleff Recital Hall - 10 Peachtree Center Ave., Atlanta, GA, 30303, (404) 413-5901. Time: 12pm-1pm. Price: Free for all ages!

A Day to Remember - Come out and enjoy this Friday night with this rock band at The Masquerade - 695 North Ave., Atlanta, GA, 30308, (404) 577-8178. Time: 6:30 pm, Price: $20.

MLB Exhibition: Atlanta Braves vs. Chicago White Sox - Come and support our Braves at Turner Field - 755 Hank Aaron Dr., Atlanta, GA, 30315, (404) 577-9100. Time: 7:05pm, Click here for ticket info.

Atlanta Poker Club Texas Holdem Poker - Make it a poker night at Cheyenne Grille and Sports Bar - 2391 Peachtree Rd. NE, Atlanta, GA, 30305, (404) 842-1010. Time: Sign in at 6:30pm, Game starts at 7:30pm.

Comedy Gold in Buckhead - Come out and have your funny bone tickled at Landmark Diner - 3652 Roswell Rd., Atlanta, GA, 30305, (404) 816-9090. Time: 7pm, Price: $12/$6 w/ student ID.

I Do Music: Band Bash - Come out and witness some of Atlanta's best bands at Apache Cafe - 64 Third St. NW, Atlanta, GA, 30308, (404) 876-5436. Time: 8pm, Price: $12.

Actress Jasmine Guy Directs 'the Bluest Eye' at Spellman College - Come out and treat yourself to this drama and dance production at Spelman College Fine Arts Building - 350 Spelman Ln. SW, Spelman College, Atlanta, GA, 30314, (404) 270-5488. Time: 8pm, Price: $5-$10.

Trey Songz - Come out for the R&B sounds of this hot young artist at Georgia State Sports Arena - 33 Gilmer St. SE, Atlanta, GA, 30301, (404) 651-2150. Time: 8pm, Price: $22.