Windwalker's Window to the Island - A Nantucket Real Estate Blog

Nantucket, MA— Several agents at Windwalker Real Estate recently earned the nationally recognized Short Sales and Foreclosure Resource Certification. The National Association of REALTORS® offers the SFR Certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows.

According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures.  For many real estate professionals, short sales and foreclosures are the new “traditional” transaction.  REALTORS® who have earned the SFR Certification know how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities.

“As leading advocates for homeownership, REALTORS® believe that any family that loses its home to foreclosure is one family too many, but unfortunately, there are situations in which people just cannot afford to keep their homes, and a foreclosure or a short sale results,” said 2009 NAR President Charles McMillan. “Foreclosures and short sales can offer opportunities for home buyers and benefit the larger community, as well, but it’s extremely important to have the help of a real estate professional like a REALTOR® who has earned the SFR Certification for these kinds of purchases.”

Please contact one of our agents and put our experience and expertise to work.

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hires 10-12-14 Squam-204resizedhires 10-12-14 Squam-201resized

This rare parcel of almost 11 wooded acres has been in the ownership of one family for decades.  The parcel extends over 800 feet from Squam Road to an extremely high elevation that, from grade level, affords panoramic views over Sesachacha Pond, Sankaty Light and the Atlantic Ocean. A simple summer cottage occupies the middle lot of this recent three parcel sub-division. This is the perfect opportunity to build your compound with pool and tennis court on an incredibly private site.

Exclusively listed for $8,250,000.  Please contact Judy Waters for more information or follow this link:

http://www.10-12-14squamroad.com/

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Washington, July 01, 2010 (Realtor.org) The National Association of Realtors® today commended Congress for timely passage of two bills to extend the homebuyer tax credit closing deadline and reauthorize the National Flood Insurance Program. Both bills, strongly supported by NAR, had cleared the House earlier and were passed by the Senate last night. They now head to the president for his signature. This is great news for those considering Nantucket homes for sale.

For information follow this link:

http://www.realtor.org/press_room/news_releases/2010/07/tax_flood_credits

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27 Shell St 00127 Shell St 005

“Broadway to the Bluff”

This amazing, oversized Nantucket property offers unobstructed views of the Atlantic Ocean and direct access to the Sconset bluff walk and stairs to the beach. Just a few blocks from the center of ‘Sconset Village, this gracious Nantucket house presents a unique opportunity for a buyer to use the existing 4 apartments or construct a compound on this conforming lot complete with house, cottage and gracious yard, overlooking the ocean. This property has been in the same family for over 75 years – may your family be the next to create a lifetime of memories in this perfect Nantucket summer house location.

$3,950,000  Exclusively listed by Liza Ottani

For more information follow this link

http://27shellstreet.com/

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This article, from the Boston Globe, points to an optimistic economic outlook as a result of affluent shoppers coming out of hibernation to once again splurge on luxury goods.  Perhaps Nantucket real estate will be the next item on the list.  Read this intriguing article.

Feel like splurging yourself?  Take a moment to search for a luxury Nantucket summer rental or a luxury Nantucket property for sale.

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68 Pocomo aerial with arrow

This very unique Nantucket property offering includes: One of the last private and pristine parcels in Pocomo with spectacular protected views of the Pocomo meadow and both Polpis and Nantucket Harbors.  Additional views of Coatue, Great Point, and Head of the Harbor, along with deeded beach access with mooring rights. Carefully maintained existing home with excellent expansion potential (over four acres with 5,000 sq. ft. of allowable groundcover).  More Information.

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37 Milk Street 001

Fabulous Family Compound.  Brand new and ready for summer occupancy! This Main House with 5+ bedrooms and 6.5 baths offers four finished levels of living area plus an adorable 2 bedroom Guest Cottage/Garage on a spacious lot. An incredible opportunity for you to gather family and friends on Nantucket.  Boasting superior interior detail, name dropping appliances, custom cabinetry and lush landscaping.  More Information.

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9 Beach St (15)

Steps from the front garden to the beach!  This 3 bedroom/2 bath Cape in Sconset has ocean views from every level and a panoramic deck to enjoy the sunrise and incredible stargazing!  Main floor has a large living and dining room that open onto the deck.  A thoughtfully equipped large kitchen, washer/dryer and bedroom/bathroom complete this floor.  More Information.

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51 West Miacomet

51 West Miacomet

Which means it is time to book your Nantucket Summer Rental Home. We are receiving new inquiries everyday for our Nantucket summer rental properties. Get a head start by contacting Windwalker about planning your summer vacation. Here is a list of Nantucket homes that still have availability during the prime weeks of summer:

http://www.windwalkerrealestate.com/rentals/rental/details/8253

http://www.windwalkerrealestate.com/rentals/rental/details/7398

http://www.windwalkerrealestate.com/rentals/rental/details/7560

http://www.windwalkerrealestate.com/rentals/rental/details/7320

Whether you are seeking an in-Town home close to Main Street or dreaming of a classic beach house on the water, we will find the perfect summer rental that fits your needs.

To browse all 500+ properties in our inventory visit our website.

To book your rentals or get more information about a particular property, please call or e-mail:

Lee Gaw
Rental Specialist
Windwalker Real Estate

508-228-9117 or lee@windwalkerrealestate.com

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Update! The White House has extended and expanded the homebuyer tax credit through June 30, 2010, as long as a binding sales contract is signed no later than April 30, 2010. First-time homebuyers and non-first-time homebuyers are now eligible for the credit. Highlights of the expanded homebuyer tax credit are:

  • the tax credit applies to homes purchased after November 6, 2009 and before July 1, 2010
  • first-time homebuyers and non-first-time homebuyers are eligible
  • income limits are increased to $125,000 for single taxpayers and $225,000 for married taxpayers for the full credit; and $145,000 single and $245,000 married for the partial credit
  • military personnel on extended duty outside the U.S. get an extra year to buy a house and claim the credit

Who is eligible for the first-time homebuyer tax credit?

To qualify for the first-time homebuyer tax credit, you must be a homebuyer who:

  • did not own a primary residence during the three years prior to the purchase
  • buys a single-family principal residence in the U.S. on or after April 9, 2008, signs a binding sales contract before May 1, 2010, and closes before July 1, 2010  (If you build a home, the date you first occupy your home is considered to be the purchase date.)
  • is a citizen, or a resident alien as defined by the IRS
  • did not buy the home from a related person who is an ancestor or descendant (spouse, parent, grandparent, child, grandchild, etc.)
  • meets the income guidelines:
First-Time Homebuyer Tax Credit Income Limits
(Modified adjusted gross income)
Filing status Date of purchase Full credit
income limits
Partial credit*
income limits
Single or
Head-of-household
Before Nov. 7, 2009 less than $75,000 $75,000 to $95,000
Nov. 7, 2009 or later less than $125,000 $125,000 to $145,000
Married filing jointly Before Nov. 7, 2009 less than $150,000 $150,000 to $170,000
Nov. 7, 2009 or later less than $225,000 $225,000 to $245,000
  • owns and lives in the home for at least three years (For the 2008 credit, you must have lived in the home until the end of the tax year)

Go here for more information.

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