Ar_home_b_search
 



new jersey real estate: Update on Tax Credit to Home Buyers - 02/13/09 08:49 AM
The current version of the stimulas package passed by Congress eleiminated the proposed $15,000 tax credit for home buyers. Instead, the tax credit which is now offered is $8000 and is extended to the end of 2009. 
In my opinion, this may be a better alternative to many people. The $15,000 would have been taken over a 2 year period. This means that the home buyer would have to owe taxes of $7500 each year taken. Increasing the amount to $8000 is actually more for the first year. This is a generous number and should help many first time home buyers … (3 comments)

new jersey real estate: Cost of Sewer Systems - 11/18/08 03:54 PM
I know. Who wants to talk about septics and sewers? But this is definitely an issue for home buyers and one they need help understanding.
I have been working with a first time home buyer who have been fairly insistent that they want a home with public sewer. They just don't trust septic systems which can be costly to repair or replace. I was able to get them to look at some homes which are not on public sewer systems. On Saturday we looked at two houses in Hillsborough, NJ which have septic. The selling agents both told me that the … (3 comments)

new jersey real estate: Vacant Houses for Sale - 11/16/08 02:09 PM
There seem to be more vacant houses for sale now. When showing these houses, I try to do my research ahead of time to answer my buyers' natural question, "Why is this vacant?"  Sometimes the answer is obvious. The house was purchased low so the seller is flipping it. Then there are the less obvious answers: the owner was transferred, moved up or down before selling or foreclosure. Why the property is vacant can influence the strategy the buyers will use if they decide to make an offer on the property.
If the house is already bank owned, I advise my buyers … (0 comments)

new jersey real estate: Smart Growth in New Jersey - 11/12/08 11:15 AM
New Jersey has designated certain areas throughout the state as Smart Growth areas. Generally these areas are along major highway corridors. For example, in Hunterdon county the Smart Growth areas follow Route 22 which goes through Readington and Clinton townships. Not all of either of these townships qualifies as Smart Growth.
The Smart Growth areas are designed to encourage home ownership where there is already dense population. Don't look for complete logic here though. For example, most but not all of Hillsborough township in Somerset county is considered Smart Growth while it appears that all of Bridgewater township is included. Meanwhile … (0 comments)

new jersey real estate: Help for Home Buyers - 11/12/08 07:31 AM
New Jersey is still offering first time home buyers help through the Smart Start program. The program offers a grant for 4% of the sale price which can be used towards down-payment or closing costs. The grant is not repaid until the buyer sells the property. If the buyer stays in the home for seven years, the grant is forgiven. The progarm is restricted in that you must buy in a Smart Growth area.
There is also a program to help people buy a home where they work.  The buyer can get a grant for 5% of the mortgage amount. There … (2 comments)

new jersey real estate: Net Listing: Illegal in New Jersey - 09/13/08 12:57 PM
Hi all,
Recently someone wrote about a form they give to sellers at a listing presentation which shows the seller what they will NET from the sale of their property. I had commented that in New Jersey Net Listings are illegal. Thinking about this, I went back to my training manual so I could explain the term more clearly.
Paraphrasing from the manual, a Net Listing is considered illegal because it can be used to defraud the seller. The way a Net Listing is worded is that the seller agrees to accept any offer as long as he NETS a certain amount. … (3 comments)

new jersey real estate: New Web Site - 09/10/08 02:04 PM
Hi All, 
I am very excited to introduce my new web site. Weidel launched the new sites this week and I have been playing with mine to personlize it. Check it out: www.weidel.com/bonnie.decarolis. Property searches are now easier than ever. We also have a great lead capturing system. So if you or anyone you know is looking to buy or sell real estate in Hunterdon or Somerset counties, New Jersey, please check this out. I'd appreciate any referrals.
Happy Selling!
Veronica "Bonnie" DeCarolis
… (5 comments)

new jersey real estate: Did you discuss Agency? - 08/13/08 11:37 AM
Do you discuss agency with your sellers and buyers as the law requires?
 I spoke with a potential buyer client this morning about his experience with the last agent he worked with. He was telling me how she tried to sell him only properties which were her listings. She dragged her feet on preparing an offer for him on a property listed by another agent until it went into attorney review with another buyer. When she had a house which was her listing he felt she treated him unfairly and failed to make the sale to him.
After listening to his … (4 comments)

 

Veronica DeCarolis

Flemington, NJ

More about me…

Weidel Realtors

Address: 405 Route 202, Flemington, NJ, 08822

Office Phone: (908) 782-0100 x 217

Cell Phone: (908) 313-5052

Email Me



Links

Archives

RSS 2.0 Feed for this blog