LandVest Corporate Headquarters: Ten Post Office Square, Boston, MA 02109     Phone:(617) 723-1800
 
Oct
26
Private Islands Offer Luxury and Privacy
By LandVest
 

LandVest specializes in assisting buyers and sellers of fine properties including farms, acreage, estates, oceanfront properties, and private islands. Currently LandVest is featuring four private islands in Maine that are offered in their entirety, providing the utmost in luxury and privacy.

Nautilus Island 

This private island is situated off the coast of Maine and boasts more than a mile of rocky beach. It includes a three-story residence, seaside vineyard, stone piazza, perennial gardens, and tennis court. This 37±-acre retreat is located in Brooksville, Maine, a quiet village at the entrance of Castine Harbor, off the Eggemoggin Reach.

(more…)

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Oct
25
Bob Borden Quoted in The Wall Street Journal
By LandVest
 

The Wall Street Journal Distinctive Properties section on October 22, 2010 featured an article, Flexible Sellers and Lots of Choices, which describes the state of the New England real estate market. LandVest President Robert Borden was quoted and emphasized that it is still a buyer’s market; sellers realize there is a large inventory for buyers to select from and they must negotiate to sell.

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Oct
25
37 Endicott Street, Newton, MA, is Featured in Boston Business Journal
By LandVest
 

In the October 22-28, 2010 issue of Boston Business Journal, Endicott Street, a LandVest property for sale, is featured as an Executive Domain.  The circa 1910 3,408±-square-foot house in Newton Highlands, Massachusetts, is sited on over a half-acre of land.  Both the interior and exterior of this desirable home have been renovated to include large picture windows, a chef’s kitchen with center island made of Italian locust wood, formal dining room, large mud room, deep pantry, and plenty of space for entertaining.  The Arts and Crafts architecture makes the home both spacious and cozy.

Endicott Street, Newton, MA

Endicott Street is a c. 1910 renovated property featuring last century charm, modern comfort and convenience. The property is for sale by LandVest.

For more information on this home or properties in and around Newton, Massachusetts, a close suburb of Boston, please contact Terrence Maitland.  Terry specializes in the high-end real estate market in Boston’s Back Bay, Beacon Hill, Cambridge, Brookline, Concord, Lincoln, Weston, and Newton.

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Oct
22
Midcoast Maine Real Estate Market Report: Our Perspective from Camden, Maine.
By LandVest
 

 Landvest  This entry is brought to you by Terry Sortwell  and Shannon Thompson, who assist and advise real estate buyers of fine homes and estates throughout mid-coast Maine.

Gilkey Harbor in Islesboro, Maine is just one of LandVest - Camden, Maine's Waterfront Properties for Sale

As we head into the fourth quarter, it’s clear that the real estate market of 2010 is shaping up to be better than that of 2009, though only marginally so. Around the country, brokers in the high-end real estate business are reporting modest increases in activity. Brokers at the Christie’s Great Estates conference this month in Toronto reported higher sales figures this year. Most, however, are also reporting price declines of about 30% (up to 40% for big properties) from the highs reached in 2006.
 
Within LandVest, we’ve seen a number of notable sales this year. Most significantly, high net worth individuals are investing in large (more…)

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Oct
4
Real Estate Tax to Go Into Effect in 2013
By LandVest
 

A real estate tax was recently approved along with the passing of the health care reform bill.  Beginning January 1, 2013, if a primary residence is sold for more than $250,000 profit, there will be a 3.8% tax applied to the capital gains in excess of $250,000.  If a primary residence is sold by a couple, the 3.8% tax will be applied to the capital gains above $500,000.  The tax is limited to those with a gross income over $200,000 per year or $250,000 for couples who file jointly.

All capital gains are subject to the 3.8% real estate tax if the residence is not a primary residence.

For more information on the tax, please contact your tax advisor.  For further information on selling your home, please contact a LandVest broker.

Sources: Taxfoundation.org, Factcheck.org, Businessweek.com

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