Jersey Shore Real Estate Sales Statistics – June 2009 - 07/27/09 08:06 PM
Existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply in June, according to the National Association of Realtors®.
Lawrence Yun, NAR chief economist, is hopeful about the gain. “The increase in existing-home sales occurred in all major regions of the country,” he said. “We expect a gradual uptrend in sales to continue due to tax credit incentives and historically high affordability conditions. Despite the rise in closed transactions, many Realtors® are reporting lost sales as a result of new appraisal standards that went into effect May 1 of this year.”
Take a look … (0 comments)

Tips For Safer Summer While Spending Time At Or Away From Your Bradley Beach Home - 07/20/09 06:57 PM
Summer is a time for fun in the sun and endless recreational activates. Unfortunately, the summer time is also the most hazardous time of the year. During the summer months, people of all ages, particularly young children and senior citizens, are more prone to experiencing a rage of mild to deadly health related issues. Whether having fun in your own backyard or away from your Bradley Beach home, there are numerous precautions to be observed when ensuring the safety of children family and friends, especially when it comes to water related actives or severe weather. In order to have a safer and … (0 comments)

What Affects Your Credit Score? - 07/13/09 12:58 PM
If you are buying Jersey Shore real estate, you will want to know what your credit score is. Lenders look at your credit history, debt-to-income ratio and your credit score when qualifying you for a home loan. Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score:
1. Your payment history. Did you pay your credit card obligations on time? If they were late, then how late? Bankruptcy filing, liens, and collection activity also impact your history.
2. How much you owe.  If you owe a great deal of money … (0 comments)

Things To Know About $8000 Tax Credit - 07/06/09 01:50 PM
The "American Recovery and Reinvestment Act of 2009," which was signed into law recently by President Obama provides an $8000 tax credit for first-time  home buyers. Below are important things for Bradley Beach home buyers to know.  
It is a tax credit to home buyers, not a loan as in last year's program. It is only for first time home buyers, defined as someone who has not had an ownership interest in a principle residence in the 3 year period prior to the date of the 2009 purchase. The buyer must remain in the home for a minimum of 3 years. It is applicable … (0 comments)