The housing market is definitely improving, with improved year over year sales and declining inventories. A very good article follows:
Existing-Home Sales Down in January 2010 but Higher Than Year Ago | RISMedia
Prudential New Jersey Properties will be hosting a FREE evening seminar at our Metuchen New Jersey location on Wednesday, March 3, 2010 at 7:30 pm.
Find out whether you qualify for the latest tax credits for both First-Time Buyers andExisting Homeowners. Learn how the Tax Credit works, how to file to get it and more! Attendance is limited, so sign up today for the ...
There has been a lot of talk about the First-Time Homebuyer Tax Credit and that it ends at midnight 04/30/2010, the date by which a binding contract must be signed. Also that title on the property must closed before 07/01/2010. There also is a tax credit available for a home buyer who is a qualified "long-time resident of the same main home". That tax credit ...
A lot of people do not realize that when anyone buys a home in New Jersey, the purchase contract will state that the property is being sold in "as-is" condition. That does not mean that once the buyer enters into a contract to buy the home, they must purchase it regardless of what is found during title search, flood search, and home inspections. The buyer is entitled ...
I know it sounds crazy with the cold weather and biting winds we are having lately, but believe me when I say that Spring has arrived! That is the Spring Market in Real Estate I am talking about. Sellers and buyers are already taking steps to take advantage of the extended and expanded Home Buyer Tax Credits that went into effect late last year. Now, not only First ...
Whether you are planning to buy a home or sell one, this is a great time to get ready.
Traditionally around Thanksgiving through early March starts the "slow time" of the year for Real Estate Professionals. This year looks to be VERY different as buyers want to start looking at homes again, so they can get "under contract" before the end of April, 2010 and close title before ...
The clock has been reset and is ticking again. I am talking about the time to qualify for the new home buyers $8,000 tax credit, or the new tax credit of $6,500 for buyers of homes who are not first time buyers but have lived in their present home for at least 5 of the last 8 years. Add to that home mortgage interest at record low rates and a great selection ...
The U.S. Senate will be voting soon on a bill that would extend the Home Buyer Tax credit into the middle of 2010, and also broaden several eligibility requirements regarding income and prior home ownership. This bill makes good sense for the economy and for home buying in general.
A person still must be a qualified borrower in order to get a loan. However ...
Sellers tend to focus on the price that they going to get for their home. Usually Buyers focus on the price of the home as well. That can be a big mistake because in fact Buyers should be looking at the COST of the home instead of the price!
When sellers walk away from the closing table, they leave with a check in their hand (or more commonly a wire ...
Whether you are a buyer or a seller, a very important question that always comes up is "How do I know what is a fair offer on a home?" While everyone loves a bargain, sellers are not "giving their homes away", and by the same token, buyers are not "stealing" them!
The art of negotiating a purchase price is practiced by real estate agents all the time. There is not one right ...
