CBS News Features Opal Ridge

The Estates at Opal Ridge on Staten Island, a development known for offering creative and great incentives when purchasing one of their homes is famous and has been featured on CBS News. The builder of Opal Ridge, Randy Lee, comments on how incentives have changed given the current market climate and it's not sufficient enough to simply offer a free refrigerator or dishwasher anymore. Developers need to be creative and offer substantial incentives that will make buyers comfortable in buying a home in the current market, such as Opal's new Assurance Program, "Security in Uncertain Times". Check out the below video.

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Opportunities are Knocking at Your Door at the Estates at Opal Ridge

Photo by SIREN on Flickr.

I just want to thank Google for being a blogs best friend. Apparently the sales team over at Opal Ridge were googling the development's name, and they came across the posts I did on them. They were very appreciative and sent me some more information about their new development that I would like to share with y'all. There was something endearing about the brochure they sent me, which is a good reflection of the development. I stopped by Opal Ridge the other day and with only 9 of the 22 homes left, it's only a matter of time before they are completely sold. By this point, I'm sure I mentioned the benefits of the low mortgage rates, tax incentives and reduced home prices many times that it's been instilled in everyone's brain. Coinciding with the monetary benefits, you should not overlook the intrinsic feeling you obtain by owning a family-oriented Opal home. The brochure below outlines your potential savings made available by the government and the great amenities that Opal Ridge has to offer.

(Click on thumbnails to view original size)

or
Download Opal Opportunity Knocks Brochure [PDF]

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The Club at Clove Lakes Park NY 1 Broadcast

Back in November I blogged about this new development for active adults 55 and older on the North Shore of Staten Island, called the The Club at Clove Lakes Park. Although groundbreaking for the project has commenced, the development won't be ready until the Spring of 2010, but NY 1 did not waste anytime broadcasting a little segment on the upscale homes.



The Club at Clove Lakes Park [Official Website]

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Don't Miss the Boat, Get It While It's Available - Tax Abatement

Photo by Grayman ! on Flickr

I've posted this picture for the mere fact that it's just pretty neat...it's definitely eye catching and is worthy of a blog post, plus it has some real estate relevance. Just don't get too spooked out and leave the page hastily because I have some important and valuable information coming up.

If you guys haven't already heard, new construction that is eligible for the eight year 421b real estate tax abatement benefits and the $7,500 federal tax credit for income-eligible first-time home buyers will only be available until June 30th 2009. Yes, the market is down and out but these incentives should revive you from the depths of your inner most qualms. What you're probably unaware of and I'm going to let you in on some industry secrets, it's unlikely that there are more than 100 homes on Staten Island that still qualify for 421b tax abatement. Among them are Opal Ridge, Maguire Woods, Sailor's Key and Petersons Lane. If any of my fellow readers know of any other developments that qualify for tax abatement please email me the listings or place a link in the comments section below, so SIREN can let the public know.

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European Tuscan Home Du Jour

(Click on the thumbnails to view photos in original size)

This single-family European Tuscan style home at 1 Seven Gables Road in Emerson Hill just hit the market with a price tag of $2,150,000. I personally am not in a position to buy a home this expensive, but anyone out there that has this kind of money who is looking for their dream home, I surely wouldn't pass this up. You get the best of both worlds by having an enormous 13,000 sq ft lot to get that private, secluded and serene country feeling, and you are only a twenty five minute car ride to Manhattan. The interior has a lot of charm in addition to many luxurious amenities (4.25 bathrooms, four bedrooms, a two car garage, three fireplaces, granite floors and elaborate and decorative woodwork), which I guess is the reason why this home won an award from the Staten Island Chamber of Commerce for Interior and Exterior Design. Enough babbling about this house because I'm sure most of you get the point and the pictures explain it better. Not to mention talking about this is kind of a tease because a simple blogger like myself, who if had a real job, would possibly be able to afford a place like this :) Just kidding, I love what I do and wouldn't change it for the world.

1 Seven Gables Road [Own-A-Home Realty] Google Map Trulia

Photos from SIREN's Flickr Pool

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