Contemporary Homes Blog

149 White Pine Canyon Rd in the Colony at White Pine

By Joel Fine
Apr 10, 2019

Ski In Ski Out--Panorama and Winterway Runs at Park City Mountain--Canyons Side

7 bedrooms, 10 bathrooms, 6 fireplaces, 11,998 square feet, situated on 6.95 acres with great down valley views!

List Price $7,500,000

Imagine being able to start your day on the longest ski run that The Colony has to offer. Start before the public gets a chance to track up your private powder runs. Direct Ski-in/Ski-out off of Panorama. This beautifully designed contemporary home features an open and spacious floor plan with multiple and unique spaces. (7 Bedrooms with en-suite bathrooms. This beautifully designed contemporary and spacious home includes a large fitness room, an indoor Jacuzzi, steam room, and shower. Main floor master with a huge closet, ski room, chefs kitchen, large pantry, formal dining area, a living room for entertaining and two family rooms on the second level. Don’t forget the wet bar and wine room on the upper level. You have to see this home to appreciate all it has to offer!

Link to virtual tour, pictures and a 3D walk thru:

http://www.spotlighthometours.com/tours/tour.php?mls=11902000&state=UT&contact

Contact Listing Agent:  Joel Fine 435-901-2171, joel@fineproperty.com

 

Defining the Many Forms of Factory Built Homes

By Joel Fine
Feb 05, 2019

Prefab 101: Defining The Many Forms Of Factory-Built Homes

Sheri Koones
Great read from a friend who knows what she is talking about!
Joel Fine
Realtor-Berkshire Hathaway HomeServices
Cell 435-901-2171
Email joel@FineProperty.com
www.joelfine.com

Talisker Club--Newest Gathering Place

By Joel Fine
Jan 31, 2019

PARK CITY, UT (January 31, 2019) – Storied Deer Valley, LLC, the owner and developer of Talisker Club in Park City, Utah, today announced the acquisition of the historic Coal & Lumber building, with plans to transform it into the newest Talisker Club gathering place, restaurant and lounge.

Plans are underway for the 5,422 square foot building, located at the intersection of Main Street and Heber Avenue, with preliminary concepts including a fine dining restaurant, a coffee shop and wine bar and a member-only après ski lounge and patio.The creation of this newest downtown dining and gathering experience is all within easy access to Main Street and Park City Mountain’s Town Lift. Full details remain in process with a planned opening slated for later this summer.

The recent acquisition of the iconic building is part of Storied Deer Valley’s long-term plan to further invigorate the Talisker Club brand. “We are excited to offer both our members and the public a new gathering spot in Downtown Park City,” said Mark Enderle, Storied Development Partner. “This acquisition is another step in continuing to enhance the Talisker Club experience.”

Click here for the full press release.

Joel Fine Realtor Berkshire Hathaway Park City, UT

Cell: 435-901-2171

Email:  joel@FineProperty.com

www.joelfine.com

 

 

2 Bedroom Condo for Sale in Canyons Village 3720 N Sundial Ct Unit#C-415 A/B

By Joel Fine
Jan 22, 2019

Location, Location in the heart of Canyons Village.  List price $715,000

See the link for a virtual tour and pictures  http://www.spotlighthometours.com/tours/tour.php?mls=11808293&state=UT&contact

Some pictures below

Beautiful views towards Iron Mountain. 2 bedrooms, 2 bathrooms; FULLY REMODELED IN 2011; Granite countertops throughout - slate entryway, kitchen, and bathrooms - stainless steel appliances - new paint this summer - all new furniture. Walk to 3 lifts close to Canyons forum with retail shops and eateries. Prime ski access located in the center of the Canyons Resort Village. "Ski Gondola", "Umbrella Bar", "The Farm Restaurant", "Red Tail Grill". Family fun and great adventures await you at North Americas largest ski resort

Contact Joel Fine Realtor Berkshire Hathaway 435-901-2171 joel@FineProperty.com

Silverado Condo For Sale-2653 Canyons Resort Dr Unit 421/423

By Joel Fine
Jan 22, 2019

This Silverado Lodge residence is one of the most unique in the building. This a 2 bedroom 3 Bath with a studio attached. A total of 4 doors to the hallway for maximum rental flexibility. Beautiful mountain construction in the core of the Canyons Village. Residences are a great value with alder cabinets, granite counter tops, stainless appliances, flat panel TVs. Fully furnished - ready to enjoy and rent. The unit has south facing mountain and ski area views. Silverado amenities include front desk, fitness room, pool, and hot tub. Silverado Lodge is located at Canyons Village at Park City Mountain Resort.

List price:  $639.000.

Contact Joel Fine Realtor Berkshire Hathaway 435-901-2171 joel@FineProperty.com

See the virtual tour and pictures via the link below

http://www.spotlighthometours.com/tours/tour.php?mls=11808144&state=UT&contact

 

Berkshire HathawayHS.com Goes Global

By Berkshire Hathaway HomeServices Utah Properties
May 18, 2016

Berkshire Hathaway HomeServices is expanding globally and our website is making the change, too.

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The new website features language, currency and measurement options for prospective buyers both in the U.S. and abroad whose native language may not be English. Global consumers accessing BerkshireHathawayHS.com may search for homes in any city or state serviced by our franchisees. What they’ll find they can’t get anywhere else: full MLS data containing all listings in their search area, including our own Berkshire Hathaway HomeServices listings in their language of choice. Berkshire Hathaway HomeServices . . . Good to Know. ®

To complement our international platform, Berkshire Hathaway HomeServices now sends your listings to over 35 countries throughout the world!

3rd Home - Travel Club for Luxury Second Homeowners

By Berkshire Hathaway HomeServices Utah Properties
Mar 16, 2016

We are thrilled to announce our EXCLUSIVE relationship with 3rd Home.

BHHS Utah Tips: Real Estate and Taxes

By Berkshire Hathaway HomeServices Utah Properties
Feb 29, 2016

Tax considerations for buyers and sellers
 

taxes

Buyers and sellers need to be informed about tax considerations before entering a transaction.

If you have purchased or sold a home last year, there are a number of tax deductions for which you may qualify. Here are some important factors to keep in mind:

Profitability: According to the IRS, if you have a gain from the sale of your main home, you may be able to exclude up to $250,000 of the gain from your income as a single tax filer, or $500,000 on a joint return in most cases.

Interest: Currently, much of the interest paid on a mortgage is tax-deductible. A married couple filing jointly can deduct all of their interest on a maximum of $1 million in mortgage debt secured by a first or second home.

Selling costs: Broker commissions, title insurance, legal fees, advertising costs, administrative costs, and inspection fees are all considered selling costs and currently may be used to reduce one’s taxable capital gain by the amount of the selling costs.

Refinanced mortgage points: They may be deductible, but not all at once. Homeowners who refinance may be able to immediately write off the balance of the old points and begin to amortize the new points. Interest paid on a home equity loan or similar line of credit may also be deducted.

Points/origination fees: On a home loan, if points or origination fees are paid during the purchase of a home, they are currently generally tax-deductible for the year in which they were paid.

Repairs/remodels: Qualifying capital improvements may be able to be deducted, including costs of a new roof, fence, swimming pool, garage, porch, built-in appliances, insulation, heating or cooling systems and landscaping.

Relocation expenses: If you move because of a new job, you may be able to deduct some of your moving costs. To qualify for these deductions, you must meet several IRS requirements, including that your new job is at least 50 miles farther from your old home than your previous job. Moving-cost deductions can include travel or transportation costs, lodging expenses, and fees for storing your household goods.

Property taxes: Currently deductible from your income. If you have an impound or escrow account, you can’t deduct the money held for property taxes until the money is actually used to pay your property taxes. City or state property tax refund reduces your federal deduction by an equal amount.

First-time buyer credit: For those buyers who took advantage of this credit within the past two years, remember that if within 36 months of the date of purchase, the property is no longer used as your principal residence, you are required to repay the credit.

Another important tip for those moving into a new home is to make sure you update your address with the IRS and the U.S. Postal Service to ensure you receive refunds or correspondence from the IRS.

Tax laws change every year, and certain tax deductions become available while others phase out. Speak with a professional tax consultant about these and other considerations.

 

Explained: The Tax Benefits of Owning a House

By Berkshire Hathaway HomeServices Utah Properties
Dec 30, 2015

tax

 

If you have recently bought or sold a home, there are a few tax advantages that may be available to you. Generally speaking, real estate broker’s commissions, title insurance, legal fees, advertising costs, administrative costs and inspection fees are considered selling costs and may reduce taxable capital gain by the amount of the selling costs.

However, every year the tax code can change and your situation may be unique. So the following is provided only as a guide. It is highly recommended that you seek a professional tax consultant to be sure.

There are several other key areas where you might benefit:

Mortgage Interest: Within limits, it may be tax-deductible. For example, a married couple filing jointly can deduct interest payments on a maximum of $1 million in mortgage debt secured by a first or second home. Buyers may also be able to deduct some of the interest they paid on a home equity loan or similar line of credit.

Points: Points or origination fees on a home loan paid during purchase are generally tax-deductible in full, for the year in which they were paid.

Refinanced mortgage points: These may also be deductible, but only over the life of the loan. Homeowners who refinance can immediately write off the balance of the old points and begin to amortize the new.

Improvements: Improvements made to property prior to the sale (or once one moves in) might qualify for an interest deduction on your home-improvement loan. Qualifying capital improvements are those that increase your home’s value, prolong its life, or adapt it to new uses, such as adding a porch or installing energy-efficient windows.

Real Estate Taxes: During a sale, the seller will send the local tax collector’s office a check for real estate taxes prior to the closing. In many circumstances, however, the buyer will pay a pro-rated portion of the taxes for the year at closing. This tax deduction also gets overlooked.

Business Use: For new buyers who work at home: If a room is used exclusively for business purposes, they may be able to deduct home costs related to that portion, such as a percentage of your insurance and repair costs, and depreciation.

Moving Costs: If you have moved because of a new job, moving costs might be deducted. These can include travel or transportation costs, lodging, and fees for storage of your household goods.

In today’s economy, it’s critical that we take advantage of every possible tax break. A home provides a great opportunity to do just that.

The Final Walk Through

By Berkshire Hathaway HomeServices Utah Properties
Dec 01, 2015

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You found the perfect house, made an offer, negotiated the price, had an inspection and ensured your mortgage. The only thing left is your final walk-through.

Walk-throughs are normally scheduled the day of, or day before the settlement, as the seller should be completely moved out. The object is to ensure that the house stands in the same condition as when you agreed to buy it.

This is not the time to nitpick about nail holes or carpet imperfections. Unless you’ve negotiated allowances for such issues, you’ll have to address them later after you’ve settled.

What could impact the transaction is property or fixtures that the seller agreed to leave behind are missing (e.g., a washing machine, pool table, garage cabinets, etc.) or if the seller leaves things that were supposed to be removed (e.g., paint cans, furniture, etc.).

With your agent at your side, be sure that obligatory repairs flagged during the home inspection are completed to code and satisfaction. If the seller agreed to replace an aging water heater but didn’t do it, this must be accounted for during settlement.

You may be eager to leave the house and get to the settlement, but don’t rush through the walk-through. Run the appliances through a full cycle to make sure they work. Turn on all faucets and showers as well.

Some contracts will specify that the buyer complete a walk-through a week or two prior to settlement followed by a quick meeting prior to settlement to check off any items previously noted. Again, any items or tasks that aren’t complete must be justified at the time of settlement.

Though issues may arise, the majority of walk-throughs go without a hitch as both parties are eager to complete the deal and willing to negotiate any final hurdles.

 
 
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