Open Houses – Sunday, April 25th

Please visit the following open houses today: 57 Dogwood Terrace, Millington – $839,900 50 Church Street, Liberty Corner – $499,000 1502 Bayley Court, Bridgewater – $409,000 If your attorney is quick, you can make an offer today or tomorrow and still be under contract by Friday – in time to qualify for the First Time or […]

List now or list later? NOW!

The spring market is here!  My phone has been ringing and my email has been busy!  I am fielding inquiries from both buyers and sellers – going on listing appointments and scheduling showings.  One thing I’ve noticed – year after year – is that buyers are always ready before sellers.  While I am going on […]

Mortgage Information from Weichert Financial

January 4, 2010  The final two weeks of December have not been kind to mortgage rates. Stronger than expected economic data, comments from Fed officials, and a stock market rally all were negative for mortgage markets, and mortgage rates moved higher during the period. Heading into December, mortgage rates were close to record low levels, […]

Tax credit info for co-borrowers

Many times when working with people looking to purchase in the Basking Ridge, NJ area I encounter buyers who are getting help from their family to buy their first home.  I wanted to make sure that you have all the information you need to make the best decision about this very important investment! Buyers who purchase a […]

The Tax Credit and Multi-family homes

Just like there are many types of buyers — from investors to first timers — there are also many different types of homes available for purchase. Certain buyers choose a multi-family home so they can earn income renting out the second unit or if they want to live close to a relative, but not share […]

NAR – FAQ’s Homebuyer Tax Credit

These frequently asked questions have been taken directly from the NAR Government Affairs Division website. Question: Existing homeowner credit: Must the new house cost more than the old house? Answer: No; Individuals who move from a high cost area to a lower cost area who meet all eligibility requirements will qualify for the $6500 credit.  So […]

What sold last week in Basking Ridge, NJ – what’s NEW to the market?

I had to update this post to acknowledge and celebrate the fact that it is the ONE HUNDREDTH post for the blog at www.Basking-Ridge-Real-Estate.com!!! 10/31/2009 – 11/06/2009 6 properties went under contract this past week in Basking Ridge (twice as many as last week!) There are an additional 9 properties that are working through attorney review (all under […]

Mortgages 101

I always tell my clients that “I sell houses, not loans” and direct them to my favorite Weichert Financial Services manager – Brian Wagenseller, who can be reached at 908-310-5122.  Brian sent out a newsletter this afternoon so I thought I would share some highlights of available mortgage options: State bond programs (not available in […]

Obama Approves the Homebuyer Tax Credit

***FINAL UPDATE***: President Obama signed the extension today!!   The law extends unemployment benefit insurance as well as the tax credit for first time home buyers and adds a credit for repeat buyers.   Income thresholds have been raised and the deadline to be under contract has been extended through April of 2010 – transactions must close by […]

More information about the tax credit

Last night I posted with a question mark – because I just wasn’t sure if the news about the tax credit was official.  Around 4:00 this afternoon, we received information from the NJ Association of Realtors (NCJAR) that clarified the buzz we’ve been hearing.  That message follows:  “Within the past 72 hours, some misinformation regarding […]

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