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2 Great New Restaurants in East Towne Tosa

by Beth Jaworski

Two new restaurants opened in East Towne Tosa recently and both delighted me on my first visit. The Daymaker Cafe opened this fall at 7225 W. North Avenue, the former site of the East Towne Cafe. On the recommendation of my waitress, I ordered the homemade corned beef hash. Real corned beef and yummy fried potatoes. True comfort food and great on a cold winter's day! The prices are also reasonable, staying in the $5.95 to 11.95 range for breakfast and lunch, with some dinner selections going a little higher.

Cosmos Cafe, located just a half block down the street at 7203 W. North Avenue, opened in November. I love Greek food and am excited to have a local place to get it. Mark and I both ordered gyros and split the Greek Village salad. The lamb on the gyros was very light and flavorful, perfectly done. Portions were generous and prices very reasonable; almost everything on the menu is $6 or under. I will be back to try the Spanakopita and their Friday fish fry.

We are extremely fortunate to have so many fabulous restaurants on North Avenue, from Juniper 61 to Ted's to Cranky Al's to Il Mito and now 2 more gems have been added to the line up!

Extended & Expanded Home Buying Tax Credit

by Beth Jaworski

There is a lot of uncertainty and misinformation circulating about the newly extended and expanded home buyer tax credit. I will try to end some of the confusion here, by highlighting the main criteria and answering some frequently asked questions.

First of all, who is eligible? You qualify for up to an $8,000 tax credit if you have not owned a principal residence for the last 3 years (the IRS uses this definition of a "first time buyer").

You qualify for up to a $6,500 tax credit if you have owned a principal residence for five consecutive years, out of the last eight years, and now purchase a "replacement" principal residence.

I say up to because the credit is 10% of the purchase price, with a maximum of $8,000 for "first time" buyers and a maximum of $6,500 for "replacement" buyers.

There are also income requirements that all buyers must meet. A single buyer can make no more than $125,000 in "modified adjusted gross income" and those filing jointly cannot exceed $225,000. There may be a portion of the credit available to those singles filers who make between $125,000 and $145,000 and joint filers with income between $225,000 and $245,000; check with your accountant for exact amounts, if your income is within that range.

There are also a few new rules. First, the new home cannot cost more than $800,000. Also, you must be at least 18 to be eligible and lastly, anyone who is counted as a dependent on another's tax return is not eligible for the credit.

All buyers must have a written accepted offer by April 30, 2010 and must close on that transaction no later than June 30, 2010.

Once you have closed on the new home, use IRS revised Form 5405 (will be downloadable from their web site www.IRS.gov late 2009) to claim the credit.

Please feel free to contact me with specific questions. This is a wonderful opportunity to take advantage of the current market! 

 

 

Wauwatosa's Tree Lighting

by Beth Jaworski

HO, HO, HO! Don't miss Santa! He will be in the village, at Root Common Park (located at the intersection of Wauwatosa & Harwood Avenue) for the annual tree lighting this Saturday, December 5th at 5 pm. You'll also enjoy carols by the McKinley School children's choir. Don't forget to bring a nonperishable food item for the Tosa food pantry also. For more details on all the holiday festivities, visit http://www.villageofwauwatosa.com/

Displaying blog entries 1-3 of 3

Contact Information

Photo of Beth Jaworski Real Estate
Beth Jaworski
Shorewest Realtors
11622 W. North Avenue
Wauwatosa WI 53226
Direct: 414.844.1118
Cell: 414.520.8555
Fax: 262.782.1551

I hope that this website was able to assist in your search for a home, or in your quest for information about buying or selling a home.  Please do not hesitate to contact Beth Jaworski of Shorewest Realtors with any questions. Email is sold@bethjaworski.com  and cell number is (414) 520-8555. Thanks!