Northern Burlington Connection ,Burlington County Real Estate, Mansfield Township,Mercer County Real Estate,Chesterfield Real Estate, Springfield Real Estate

Successful Short Sale, Solutions

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Mon, 30 Nov 2009 14:00:45 -0600

Solutions for a successful short sale.

Price the property correctly. Always remember that the third party still must accept the pricing. Do a detailed market analysis of homes in the area and price property accordingly. Keep a detailed log of any price changes to forward to the bank or third party.
Always prepare and present a full credit, financial and marketing package to the third party for an approval.
Communication is Key to getting third party approval. Make sure to communicate with everyone involved during the short sale process.
Timing is another important factor in a successful short sale. Know exactly how must time you client has prior to a foreclosure. Let your agent know how many mortgage payments that you had missed and what correspondence you have received from the bank.
Submit your complete file correctly. Always ask where the third party wants the package sent. Some want a fax, some an email, and some want a hard copy. Check what type of communication is required.
Present a reasonable offer including comparable from the area. Remember that the third party wants to sell the house at a reasonable number not just give the house away.
Make sure to present all offers with qualifying mortgage information or verification of cash. Send a copy of the buyers deposit check along with an escrow letter.
Always send a complete package to the third party then follow up with a phone call to make sure that the package was received.

I hope that this short summary helps you in submitting offers to a third party.

Any additional information please email Valerie@belardoteam.com

Quick Guide to the Tax Credit for 1st Time & Move Up Buyers

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Mon, 09 Nov 2009 18:47:38 -0600

Homebuyer Tax Credit Update

Here are some pointers for the extended & expanded tax credits.

*First Time buyers 10% of Purchase price with a maximum of $8000.

*Current Owners have an incentive up to $6500-Qualifed buyer must have owned /occupied a primary residence 5 of the last 8 years.

*Income limits are expanded to $125,000 on a single return with a cap of $145,000 & $225,000 on a joint return with a cap of $245,000.

*Maximum purchase price is $800,000.

*New Deadline ...contracts needs to be in effect no later than April 30, 2010 and close no later than June 30, 2010.

*A tax credit is a direct reduction in tax liability owned by an individual to the IRS. In the event that no taxes are owned then the IRS will issue a check for the amount of the credit back to the buyer. This credit does not require repayment unless at any time in the first 36 months of ownership the property is no longer your primary residents.

* IRS Form 5405 is used to determine your tax credit amount.

For all your Real Estate needs Call

The Valerie Belardo Team

ReMax Tri County

Res (609) 298-4283

(609) 587-9300 X420

How To for 1st Time Buyer in this Marketplace

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Mon, 09 Nov 2009 13:02:46 -0600

Tips for the 1^st Time Home Buyers in the Marketplace today.

1. Make sure that your finances are in order. Get a copy of your credit report and see what it looks like. Correct any blemishes on your credit.

2. Mortgage and down payment is the next step in preparing to purchase a home. Talk with a qualified loan officer to get preapproved for a mortgage. Your Realtor can help you locate a qualified loan officer.

3. Do your homework before looking at houses. What is important to you in a home? Let your Realtor know exactly what you are looking for in your first home.

4. What is your move in date? When must you be in your new home? That will help determine what kind of listing you should see and if you may need a place to stay while waiting for closing.

5. How long are you planning to stay in your first house? This will influence the type of mortgage and home that you buy.

6. Review the total cost of all expenses involved in owning a home. Don't become house poor.

7. What professional are you going to hire to help with home inspections?? Is a home warranty a good thing to buy? Ask questions.

8. Remember that there may not be the perfect house out there. Try to be realistic about what type of home you can afford at this time.

9. Choose the best Realtor in your marketplace to help you.

Tax Credit Update*****Hurry

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Fri, 06 Nov 2009 14:33:18 -0600

Extension of 1^st time Buyers Tax credits.

The Senate and the House have both passed legislation containing an extension and expansion of the homebuyer tax credit, sending this bill to President Obama for him signature. OBAMA SIGNED THE BILL

The $8000 tax credit (10% or the purchase price with a maximum of $8000) was due to expire November 30 will be extended through April 30 and buyers will have until June 30, 2010 to close. Making the mad rush to close deal prior to the November 30 deadline go away.

The legislation passed the bill that first time homebuyers (or buyers that have not owned a home in the last 3 years) will increase the income limit for couples to $225,000 and single buyers to $125,000. The move in buyer who has lived in a home for 5 out of the last 8 years will also be eligible for a tax credit of up to $6500 but must remain in the new residence for at least 3 years. This legislation is suppose to take effect December 1 and will not be retroactive and is available for primary residences only.

This new legislative package will also contain an expansion of unemployment benefits as well.

Call if you have any questions relating to the FTB tax credit.

Call Valerie Belardo, ReMax Tri County, Res 609-298-4283

Tax Credit extended for Active Miltary

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Tue, 20 Oct 2009 15:40:01 -0500

House Extends Tax Credit to Active Military for One More Year

An extension, which applies to military personnel who spent at least 90 days of the current calendar year oversees, was passed unanimously by the House of Representatives. The extension also was approved for foreign service and intelligence officers. HR 3590 extends the existing tax credit to this group until November 30th, 2010.

The bill now goes to the Senate, and is expected to pass with the same ease.

The bill was introduced by Rep. Charles Rangel (D-NY) because it was thought that military personnel serving oversees this year did not have the same opportunity to take advantage of the tax credit.

Going Green Websites

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Mon, 12 Oct 2009 15:24:06 -0500

Green Websites for Business

Energy Star for Small Business

www.energystar.gov/index.cfm?c=small_business.sb_index

Institute for Green Business Certification

www.gbcertified.com - For a small fee this company provides third party certification for green businesses

EarthRight Business Institute

www.earthrightinstitute.com - Offers certification and business tips

Green Business

www.greenbiz.com - An information resource for environmental responsibility and business

Green Websites with Tips for Green Living

National Geographic Green Guide

www.TheGreenGuide.com

Consumer Reports Green Solutions

www.GreenerChoices.org

Tree Hugger, a Discovery Company

www.treehugger.com

The Sierra Club

www.SierraClub.org

Daily Fuel Economy Tip

www.dailyfueleconomytip.com

Where can I get the flu shot?

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Mon, 12 Oct 2009 14:53:36 -0500

Here's the link to find places to get your flu shot this year!

http://web.doh.state.nj.us/apps2/flu/fluschedules.aspx

Short Sales in Todays Market

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Fri, 09 Oct 2009 09:35:54 -0500

This is a term we hear everyday in the Real Estate world. What actually is a short sale. NJAR has defined a short sale as a tranaction where title transfers, where sale price is insufficient to pay the total of all liens and costs of sale and where the seller does not bring sufficient liquid assets to the closing to cure all deficiencies.

Sellers may feel that they do not have any options when they are in this position.It is our job to guide them throught this situation. Here are a few options that the seller has while talking about a short sale.

1. Keep the property

2. Sell the property and pay the balance

3. Negotiate a workout with the lein holder

4. Negotiate with lien holder to close as short sale

5. Deed in Lieu of Foreclosure

6. Lien Holder can foreclosure

What is the best solution for you?

If you have questions about short sales call your local Realtor.

Make sure that you ask whether your agent has experience in working with short sales.

Buying a Home

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Tue, 29 Sep 2009 10:41:59 -0500

Whether you've spent years saving and preparing to buy a home, or you're unsure if you can afford it, the questions surrounding home buying can feel endless. You can find the answers - and peace of mind - by working with RE/MAX, the industry leader in experience and service. Here are some tips to help you become your own landlord through home buying.

Hire a real estate professional An important first step is selecting a home buying professional to help you find your dream home and fine-tune your financial expectations. Working with a buyer agent is worth consideration because he or she is legally responsible for representing the buyer's interest in a real estate transaction. Your RE/MAX Associate can guide you through every step of home buying.

Shop for mortgage rates and terms and get pre-qualified for a loan A difference of even a half a percentage point can mean a considerable savings over the life of a loan. For Example, the difference in the monthly payment on a $100,000 mortgage at 8 percent versus 7.5 percent is about $35 per month. Over 30 years, that's over $12,000. Also early on, you'll want to get pre-qualifies for a mortgage loan which determines how much you can afford.

Outline what you want The next step in home buying is to create a realistic idea of the property you'd like to buy. Outline what you need versus what you want. Your real estate professional can then show you houses that meet your criteria.

Visit properties Now you're ready to visit houses. Your RE/MAX Agent will arrange showings to visit the homes that meet your expectations. Be sure to keep track of the properties you've seen. Each time you venture out to see new properties, revisit your notes to eleminate any that do not meet your standards.

Know the features that help or hurt resale In some areas, a swimming pool actually detracts from a home's value and makes it harder to sell. In neighborhoods with two car, attached garages, a single car or detached garage may affect the home buying prospects and future value. Your RE/MAX professional can point out features that hurt or help resale. '

Make an offer Once you've pinpointed your dream house, it's time to get serious about the financial and contractual side of the purchase. Let your RE/MAX Associate guide you through this sensitive home buying process. Because you and the seller have different goals, rely on your RE/MAX agaent's experience and expertise to bring order and calm to the process - and help both parties reach a favorable outcome.

Arrange for a home inspection After you offer is accepted you can then set up a home inspection. It's common to find problems, including leaky roofs, cracked walls, insect infestation and foundation problems. Your real estate professional can help find a reputable inspector, and will negotiate to get you the most for your money once the inspector's report is final. If you negotiate repairs as part of the purchase, ask for a "walk through" before finalizing the home buying paperwork. Ask your real estate expert about home protection plans, which may save you money in the near future.

Close Before your closing date, make sure you've made all necessary deposits and completed the paperwork- including mortgage, title, homeowner's insurance and any other paperwork required by local or state governments when home buying. Your RE/MAX agaent will be there to help you complete that closing checklist and avoid any last minute snags.

Prepare for life in your new home Before rolling out the welcome mat, consider some moving basics: arranging for an alarm company, turning on electricity, water and gas, cleaning or replacing the carpet, and notify your local post office of your new address. The best time for renovations is often before you move in.

First Time Homebuyer's Tax Credit

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Thu, 24 Sep 2009 15:34:39 -0500

First Time HOMEBUYER'S Tax Credit

The opportunity of a lifetime is at hand- right now.

Plenty of homes are available at affordable prices.

Interest rates remain historically low.

And to sweeten the pot, there's the tax credit- up to $8,000 for qualified first-time buyers whose income is within IRS- established limits. This is money that never has to be repaid, provided you live I the home for three years.

Tax Credit Basics

You are considered a first-time buyer if neither you nor your spouse has owned a principal residence in the U.S. within the last three years.

You must close on your home purchase no later than Nov. 30, 2009.

There is no minimum income for claiming the credit. If you don't owe any taxes, you can receive it in cash.

You can claim the credit when you file your 2009 tax return- or, if you'd rather not wait, file an amended 2008 return and receive the money upon purchasing your home. There are also programs that will advance the money to help on your down payment.

If you co-sign a mortgage to help your child buy his or her first home, your eligibility does not affect your child's ability to qualify for the credit.

I can provide every detail of the program here- and I'm not qualified to give you tax advice- but I can help you make sense of the regulations.

Don't wait. Give me a call and I can help you decide whether now is the time for you to become a homeowner. And if the time is right, I'd be honored to represent you as you seek out your dream home.

Open Houses September 13, 2009

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Tue, 08 Sep 2009 11:25:01 -0500

Come visit our open houses this weekend!

September 13, 2009

1 to 3 pm

3035 RT 206 Columbus, NJ 08022

83 Chesterfield Crosswicks Rd. Chesterfield, NJ 08515

218 Bordentown Chesterfield Rd. Chesterfield, NJ 08515

Area Market Statistics

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Fri, 04 Sep 2009 10:01:13 -0500

NORTH HANOVER

Market Statistics

Monthly Statistics for the Date Range Selected

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Aug 2009	4	1,649,900	412,475	1	0	N/A	N/A	N/A
July 2009	5	2,228,799	445,759	1	3	1,101,900	367,300	81
June 2009	3	1,368,800	456,266	1	1	225,000	225,000	105
May 2009	3	1,323,900	441,300	2	1	403,000	403,000	41
Apr 2009	3	1,211,800	403,933	0	0	N/A	N/A	N/A
Mar 2009	0	N/A	N/A	2	2	798,000	399,000	45
Feb 2009	4	1,864,900	466,225	0	1	160,000	160,000	135
Jan 2009	6	1,513,700	252,283	2	1	190,000	190,000	117

Totals:	28	11,161,799	398,635	9	9	2,877,900	319,766	81

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices	Maximum Prices	Average Prices
Original List Price : $159,900	Original List Price: $649,900	Original List Price: $362,500
Sold Price : $160,000	Sold Price: $468,900	Sold Price: $319,766

Inventory Accumulation figures are only calculated when Report End Month is the current month

Market Statistics Criteria Used
Date Range:	1/2009 to 8/2009
Price Range:	$100,000 to $1,000,000
Property Category:	Residential
Area:	North Hanover Twp

Mansfield Township

Market Statistics

Monthly Statistics for the Date Range Selected

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Aug 2009	18	5,900,690	327,816	7	13	3,751,800	288,600	131
July 2009	19	5,005,499	263,447	10	4	971,000	242,750	191
June 2009	16	6,238,400	389,900	7	9	2,784,300	309,366	117
May 2009	21	7,763,490	369,690	7	7	1,990,000	284,285	81
Apr 2009	20	6,199,279	309,963	7	5	1,644,500	328,900	91
Mar 2009	17	6,816,125	400,948	9	4	1,326,500	331,625	199
Feb 2009	14	4,370,250	312,160	5	2	375,000	187,500	75
Jan 2009	17	6,296,400	370,376	4	7	2,097,000	299,571	114

Totals:	142	48,590,133	342,184	56	51	14,940,100	292,943	123

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices	Maximum Prices	Average Prices
Original List Price : $159,000	Original List Price: $630,990	Original List Price: $318,328
Sold Price : $150,000	Sold Price: $595,000	Sold Price: $292,943

Inventory Accumulation figures are only calculated when Report End Month is the current month

Market Statistics Criteria Used
Date Range:	1/2009 to 8/2009
Price Range:	$100,000 to $1,000,000
Property Category:	Residential
Area:	Mansfield Twp

Chesterfield Township

Market Statistics

Monthly Statistics for the Date Range Selected

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Aug 2009	16	7,516,962	469,810	5	3	1,182,490	394,163	178
July 2009	9	4,022,899	446,988	3	2	677,500	338,750	111
June 2009	9	4,484,300	498,255	2	3	1,289,800	429,933	233
May 2009	4	1,707,800	426,950	9	4	1,724,558	431,139	131
Apr 2009	10	4,609,400	460,940	0	2	865,000	432,500	346
Mar 2009	8	3,605,922	450,740	5	2	823,000	411,500	193
Feb 2009	7	3,418,899	488,414	2	3	1,371,096	457,032	82
Jan 2009	5	2,958,700	591,740	0	4	1,819,090	454,772	15

Totals:	68	32,324,882	475,365	26	23	9,752,534	424,023	146

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices	Maximum Prices	Average Prices
Original List Price : $279,900	Original List Price: $649,995	Original List Price: $463,104
Sold Price : $257,500	Sold Price: $579,900	Sold Price: $424,023

Inventory Accumulation figures are only calculated when Report End Month is the current month

Market Statistics Criteria Used
Date Range:	1/2009 to 8/2009
Price Range:	$100,000 to $1,000,000
Property Category:	Residential
Area:	Chesterfield Twp

Springfield Township

Market Statistics

Monthly Statistics for the Date Range Selected

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Aug 2009	2	939,000	469,500	1	3	1,331,900	443,966	97
July 2009	3	944,800	314,933	1	3	940,500	313,500	145
June 2009	6	2,167,900	361,316	3	4	1,592,000	398,000	225
May 2009	5	2,066,300	413,260	4	1	160,000	160,000	192
Apr 2009	5	1,860,400	372,080	3	1	280,000	280,000	41
Mar 2009	1	475,000	475,000	0	1	427,000	427,000	18
Feb 2009	4	1,757,900	439,475	2	2	807,000	403,500	153
Jan 2009	7	2,461,788	351,684	0	0	N/A	N/A	N/A

Totals:	33	12,673,088	384,032	14	15	5,538,400	369,226	145

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices	Maximum Prices	Average Prices
Original List Price : $175,000	Original List Price: $549,900	Original List Price: $410,906
Sold Price : $160,000	Sold Price: $509,900	Sold Price: $369,226

Inventory Accumulation figures are only calculated when Report End Month is the current month

Market Statistics Criteria Used
Date Range:	1/2009 to 8/2009
Price Range:	$100,000 to $1,000,000
Property Category:	Residential
Area:	Springfield Twp

Dempster's Sports Pub 7th Annual Golf Tournament

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Wed, 02 Sep 2009 13:07:22 -0500

DEMPSTER'S SPORTS PUB & RESTAURANT

7TH ANNUAL GOLF TOURNAMENT

TO BENEFIT ELKS LODGE #848 HANDICAPPED CHILDREN'S COMMITTEE

& THE R.V. HIGH SCHOOL "ROTC" PROGRAM

MONDAY, SEPTEMBER 21,2009

DEERWOOD COUNTRY CLUB

10:00 AM REGISTRATION

12.00 SHOTGUN START

COST: $125 PER PERSON INCLUDES:

GREENS FREES - CAR - BEER- SODA

(IMMEDIATELY FOLLOWING)

BUFFET DINNER, COCKTAIL HOUSE, HORS D'OEUVERS, AWARD CEREMONY, PRIZES/RAFFLES

HELD AT: DEMPSTERS SPORTS PUB & RESTAURANT

437 PINE ST. MOUNT HOLLY, NJ

SPECIAL EVENTS: LONGEST DRIVE, STRAIGHTEST DRIVE,

CLOSEEST TO THE PIN, 1ST-2ND-3RD PLACE TROPHIES

HOLE SPONSOR: $100

MAKE ALL CHECKS PAYABLE TO: MT. HOLLY ELKS #848 HCC

MAIL TO: DEMPSTER'S SPORTS PUB & RESTAURANT

437 PINE ST. MOUNT HOLLY, NJ 08060

FOR INFORMATION CALL: AUDREY, BILL, BILLY OR STEPHEN DEMPSTER OR JOYCE LYONS

AT 609-261-0500

SLOTS WILL BE ON A FIRST COME FIRST SERVE BASIS. IF YOU WISH TO PLAY INDIVIDUALLY, WE WILL PUT YOU ON A TEAM. ALL RESERVATIONS MUST BE MADE BY: 9/11/2009

How do appraisals originate and how does that affect your loan?

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Fri, 10 Jul 2009 15:06:30 -0500

How do appraisals originate and how does that affect your loan.

Beginning on May 1, 2009 all lenders selling off loans to either Freddie Mac or Fannie Mae are required to order appraisals from a third party ordering system. The reason for this change is to separate the appraiser from any undue influence from any other party involved in the transaction. This new system is named HVCC or Home Valuation Code of Conduct. Its main purpose is to promote the accuracy of appraisals. Its secondary goal is to also ensure that the borrowers have sufficient notice of appraisal and lenders are now required to receive a copy of the appraisal no less than 3 days prior to closing.

Appraisers are also required to complete a market conditions addendum or form 1004MC as of April 1, 2009. This report is to provide a clear & accurate understanding of the market trends and conditions in the subject's community due to the complexity of the current real estate market. Incorporated in this form is information about absorption rates, total # of listings, months of housing supply, median prices in the area, total sales in the area, seller concessions , short sales and foreclosures in the area. Wow that sure in a lot of information.

Appraisers must be given all pages of the contract and any subsequent changes even if the appraisal assignment is already completed. This is a requirement for Fannie Mae to help ensure that the appraiser is aware of all relevant aspects of the transaction. The contract will provide important sales and financing data, including whether there are any concessions as part of the transaction, so the appraiser can consider the effect on the property value. The appraiser must consider the impact a sales concession had or has
on a transaction. The appraiser is also required to complete an interior and exterior inspection and note any adverse conditions that were apparent during the inspection.

Values are certainty an issue at this time. Taking into consideration the idea that house prices have fallen, the question remains as to how much, will it continue and how will this affect the present day value of the selling property. Appraisers have different opinion on this issue just like Realtors and lenders do. The most common factor that we are seeing used today is a negative time adjustment which allows the appraiser a % per month adjustment to lower the value of the older closed sales.

HVCC transitioned quietly into national policy altering the way all real estate transactions will come together in the future.

Time to Appeal That Tax Bill?

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Fri, 03 Jul 2009 10:59:46 -0500

Many homeowners are would like to appeal their tax bill- but were do you start.

Please check out our site at: http://www.valsellshouses.com/Nav.aspx/Page=%2fPageManager%2fDefault.aspx%2fPageID%3d2119030

for tips on appealing your tax bill.

If you have any questions please give The Belardo Team a call today at Res 609-298-4283

Energy Savers

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Fri, 03 Jul 2009 10:08:47 -0500

Check out our site at:

http://www.valsellshouses.com/Nav.aspx/Page=%2fPageManager%2fDefault.aspx%2fPageID%3d2119030

For the Energy Savers Booklet including tips on savings, energy and money at home!

Have a Happy and Safe 4th of July

Recipe to a Credit Score

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Mon, 22 Jun 2009 11:09:48 -0500

Recipe to a Credit Score.

What do lenders use to establish your credit score? Most lenders use the middle score of the major three repositories. If more than one buyer is on a loan then the lower of the two middle scores will be used for qualifying purpose.

How is credit scores derived?

There are 5/6 major categories that will determine credit scoring.

Past delinquency-People who have a history of timely payment
Payment history on overall credit
The total amount of debt you owe and the % used
Length of credit established
Pattern of recent history
The mix of credit you hold

Most loan products have a minimum credit requirement. Lower credit scores may have a change of rate and also require a greater down payment.

The first step in buying a home is having a mortgage prequalification and your credit checked. Then when you are out looking for a home you will know the exact amount of mortgage that your budget can handle.

Count Down to $8000 tax credit for first time buyers. Hurry

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Thu, 11 Jun 2009 09:45:16 -0500

There are some great programs in the state of NJ for the first time buyer on top of the $8000.00 Federal Tax Credit

Here are a few of the programs.

1. USDA Loan- 100% financing, fixed rates, not just for 1st time home buyers, ratios 29/41%, income limits, seller concession & gift money .

2. NJ Smart Start Program- 1st time home buyers only, purchasers in a Smart Growth may be eligible to receive a grant in the form of a forgivable second loan to cover down payments and closing costs.

3. 1st time home buyer program through most banks.

4. 1st time buyers down payment & closing cost assistance program thorught Housing & Community Devlopment.

5. FHA- todays hottest home financing program.

First Time Homebuyers Tax Credit- Get up to $8,000 for Your Home purchase. Remember that time is running out. There is only 172 days left before this tax credit runs out. Dont miss such a great opportunity to buy a home. If you are not sure how the program works give your Realtor a call or any mortgage company.

NJAR will be hosting a series of educational events for the potential buyers , titled, THE CLOCK IS TICKING: TIME TO HARNESS YOUR HOME BUYING POWER. The first series will begin in Central NJ on June 24 at the NJ Convention & Expostion Center at The Rartitan Center, Edison,NJ from 6-8pm. To register for this seminar, emailing events@njar.com.

OH what to blog about.

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Thu, 28 May 2009 07:03:12 -0500

Blogging is still something that I have not been able to get my head around. I guess if you knew me you would know that I have a hard head. I spend hours trying to figure out what to talk about and more hours trying to make it perfecrt. I think I am missing the boat on what I should be doing. Sometime it is easier to just write without too much thinking.The thinking part is what is screwing me up. Golfer have an old saying while golfing;too much thinking and not enough drinking. (It's a Joke)

Here are some of the thoughts that go through my mind. Am I the only one that does this.

I think.......................................

Not too long.

Not too short.

Not too much detail

Too little detail

Needs to be funny

Maybe not serious enough

Boring topics

Controversial topics

I need to stop over thinking just shut up and type.

I would love to hear how others start their blogs. Any helpful hints.

Countdown to 10 East Steps To Buying a Home TIPS 10 and 9

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Mon, 20 Apr 2009 15:00:10 -0500

10. The news is bad... for a reason

Quick.. Which is the more exciting scenario?

A man walks slowly down a flight of stairs, sometimes pausing or retracing his steps until he reaches a floor. After trudging along for awhile, he notices another staircase and begins ascending, occasionally pausing or taking a step back before methodically proceeding upward.

A second man hurtles down a terrifically high flight of stairs. Ignoring the safety railings, he runs recklessly downward, dodging obstacles in his path as he goes. He suddenly cried out as he loses his footing, sails through the air, tumbles down several flights of stairs in a spectacular crash. The badly injured man is bandaged from head to toe and attached to a variety of beeping, flashing medical devices that monitor his vital signs. Experts debate his condition but agree that the situation is dire and prospects for recovery are uncertain.

...and that's why more headlines say "Home values off the cliff in Phoenix, Miami and Las Vegas" than "Things aren't bad in Seattle, Portland and Charlotte." Most readers just find sensational headlines more interesting. And while they may help sell newspapers, they also scare buyers and sellers to the sidelines, though the news may be very positive for home buyers in particular.

9. Uncle Sam wants you... to be a homeowner!

Wouldn't it be great if the government kicked in some money to help make home ownership for affordable? Because of deductions on mortgage interest and property taxes, the practical effect is that the government is subsidizing your home purchase. In face, home ownership provides two of the best ways to reduce your tax bill.

Mortgage interest you pay can be deducted from your gross income to reduce your taxable income. For example, say you take out a $300,000 mortgage loan at 6 percent interest. You pay $19,000 a year in interest on that loan. That means your taxable income for the year is reduced by $18,000. If you're in the 25 percent tax bracket that means a one-year tax savings of $4,500 (25 percent of $18,000).

Property taxes may also be deducted from your gross income, lowering your overall annual tax obligation. Property taxes are levied on homeowners in the United States to pay for a variety of public services. You may see local property tax rates between 1 and 2 percent of the property's current assessed value, depending on where you live. Property taxes are fully deductible on your primary home, second home or vacant land.

Plumsted Market Report

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Mon, 20 Apr 2009 14:47:34 -0500

PLUMSTED TOWNSHIP MARKET REPORT

Monthly Statistics for the Date Range Selected

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Dec 2008	6	1,829,188	304,864	2	1	237,000	237,000	17
Nov 2008	6	1,915,000	319,166	1	3	903,000	301,000	151
Oct 2008	5	1,543,000	308,600	2	2	897,000	448,500	252
Sep 2008	9	2,660,900	295,655	3	3	1,109,000	369,666	171
Aug 2008	6	2,027,698	337,949	1	6	2,130,000	355,000	151
July 2008	8	3,062,600	382,825	2	4	1,595,550	398,887	141
June 2008	6	2,742,200	457,033	6	3	787,000	262,333	110
May 2008	11	4,249,988	386,362	7	5	1,509,000	301,800	134
Apr 2008	15	5,648,704	376,580	2	2	678,000	339,000	158
Mar 2008	10	3,251,500	325,150	5	5	1,714,000	342,800	151
Feb 2008	5	1,575,950	315,190	2	2	830,000	415,000	114
Jan 2008	7	2,366,700	338,100	6	1	490,000	490,000	347

Totals:	94	32,873,428	349,717	39	37	12,879,550	348,095	151

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices	Maximum Prices	Average Prices
Original List Price : $109,900	Original List Price: $849,000	Original List Price: $397,291
Sold Price : $90,000	Sold Price: $590,000	Sold Price: $348,095

Inventory Accumulation figures are only calculated when Report End Month is the current month

Market Statistics Criteria Used
Date Range:	1/2008 to 12/2008
Price Range:	$0 to $9,999,000
Property Category:	Residential
Area:	Plumsted Twp

Ocean County Market Report

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Mon, 20 Apr 2009 14:45:54 -0500

Ocean County Market Report

Monthly Statistics for the Date Range Selected

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Dec 2008	72	23,181,326	321,962	19	19	4,891,048	257,423	94
Nov 2008	93	34,628,823	372,352	14	22	5,435,075	247,048	97
Oct 2008	71	21,682,624	305,389	25	32	9,959,026	311,219	134
Sep 2008	112	42,879,116	382,849	28	29	8,243,600	284,262	111
Aug 2008	107	35,674,531	333,406	34	33	10,375,838	314,419	108
July 2008	87	32,677,883	375,607	32	30	8,640,490	288,016	107
June 2008	118	40,623,250	344,264	28	22	6,019,616	273,618	111
May 2008	149	51,988,318	348,914	37	33	9,714,200	294,369	113
Apr 2008	149	55,353,432	371,499	22	20	6,156,900	307,845	112
Mar 2008	139	50,582,492	363,902	22	19	6,917,500	364,078	102
Feb 2008	142	51,281,186	361,135	20	9	3,106,000	345,111	89
Jan 2008	160	51,567,012	322,293	19	8	2,999,900	374,987	115

Totals:	1399	492,119,993	351,765	300	276	82,459,193	298,765	110

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices	Maximum Prices	Average Prices
Original List Price : $44,000	Original List Price: $1,895,000	Original List Price: $334,249
Sold Price : $34,500	Sold Price: $1,615,000	Sold Price: $298,765

Inventory Accumulation figures are only calculated when Report End Month is the current month

Market Statistics Criteria Used
Date Range:	1/2008 to 12/2008
Price Range:	$0 to $9,999,000
Property Category:	Residential
Area:	All Ocean County

FOR MORE INFORMATION ON OCEAN COUNTY GO TO www.valeriebelardo.com

Valerie Archer Belardo

Broker Associate

The Valerie Belardo Team

RE/MAX Tri County

Office: 609-587-9300

Res: 609-298-4283

E-Mail: Valerie@belardoteam.com

www.valeriebelardo.com

Each Office Independently Owned & Operated

Burlington County Market Report

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Mon, 20 Apr 2009 14:41:04 -0500

Burlington County Market Report

Monthly Statistics for the Date Range Selected

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Dec 2008	438	128,406,747	293,166	242	283	71,232,734	251,705	103
Nov 2008	519	149,721,235	288,480	226	224	54,060,563	241,341	95
Oct 2008	711	202,694,599	285,083	285	345	92,171,352	267,163	96
Sep 2008	836	239,269,089	286,207	297	336	88,371,682	263,010	91
Aug 2008	838	247,596,695	295,461	357	404	113,669,606	281,360	87
July 2008	938	280,772,314	299,330	374	416	113,336,491	272,443	81
June 2008	963	288,360,365	299,439	408	499	145,178,380	290,938	86
May 2008	1020	331,135,413	324,642	442	434	120,487,787	277,621	90
Apr 2008	1144	357,185,383	312,224	452	366	97,853,886	267,360	91
Mar 2008	1065	328,488,094	308,439	431	319	82,799,611	259,559	97
Feb 2008	960	301,708,742	314,279	341	268	67,152,942	250,570	84
Jan 2008	1053	333,761,011	316,962	335	273	71,795,416	262,986	94

Totals:	10485	3,189,099,687	304,158	4190	4167	1,118,110,450	268,325	90

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices	Maximum Prices	Average Prices
Original List Price : $24,900	Original List Price: $2,400,000	Original List Price: $292,136
Sold Price : $21,000	Sold Price: $1,950,000	Sold Price: $268,325

Inventory Accumulation figures are only calculated when Report End Month is the current month

Market Statistics Criteria Used
Date Range:	1/2008 to 12/2008
Price Range:	$0 to $9,999,000
Property Category:	Residential
Area:	All Burlington County

FOR MORE INFORMATION ON BURLINGTON COUNTY GO TO www.valeriebelardo.com

Valerie Archer Belardo

Broker Associate

The Valerie Belardo Team

RE/MAX Tri County

Office: 609-587-9300

Res: 609-298-4283

E-Mail: Valerie@belardoteam.com

www.valeriebelardo.com

Each Office Independently Owned & Operated

Bordentown Township Market Report

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Mon, 20 Apr 2009 14:37:42 -0500

BORDENTOWN TOWNSHIP MARKET REPORT

Monthly Statistics for the Date Range Selected

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Dec 2008	3	1,249,900	416,633	1	1	260,000	260,000	98
Nov 2008	2	757,000	378,500	1	2	715,000	357,500	92
Oct 2008	4	1,794,800	448,700	2	3	919,900	306,633	317
Sep 2008	2	979,800	489,900	4	2	490,000	245,000	56
Aug 2008	4	1,908,900	477,225	2	2	757,000	378,500	67
July 2008	6	1,844,900	307,483	1	1	415,000	415,000	23
June 2008	5	1,769,800	353,960	1	3	1,874,999	624,999	78
May 2008	6	1,644,550	274,091	3	2	709,500	354,750	91
Apr 2008	6	2,846,299	474,383	3	1	310,000	310,000	238
Mar 2008	6	2,825,699	470,949	1	1	160,000	160,000	205
Feb 2008	2	839,900	419,950	0	0	N/A	N/A	N/A
Jan 2008	2	2,149,900	1,074,950	1	2	539,000	269,500	139

Totals:	48	20,611,448	429,405	20	20	7,150,399	357,519	132

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices	Maximum Prices	Average Prices
Original List Price : $210,000	Original List Price: $949,900	Original List Price: $409,725
Sold Price : $128,000	Sold Price: $899,999	Sold Price: $357,519

Inventory Accumulation figures are only calculated when Report End Month is the current month

Market Statistics Criteria Used
Date Range:	1/2008 to 12/2008
Price Range:	$0 to $9,999,000
Property Category:	Residential
Area:	North Hanover Twp

FOR MORE INFORMATION ON BORDENTOWN TOWNSHIP GO TO www.valeriebelardo.com

North Hanover Market Report

Valerie Archer Belardo Broker Associate (REMAX Tri County) — Mon, 20 Apr 2009 14:35:02 -0500

NORTH HANOVER MARKET REPORT

Monthly Statistics for the Date Range Selected

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Dec 2008	3	1,249,900	416,633	1	1	260,000	260,000	98
Nov 2008	2	757,000	378,500	1	2	715,000	357,500	92
Oct 2008	4	1,794,800	448,700	2	3	919,900	306,633	317
Sep 2008	2	979,800	489,900	4	2	490,000	245,000	56
Aug 2008	4	1,908,900	477,225	2	2	757,000	378,500	67
July 2008	6	1,844,900	307,483	1	1	415,000	415,000	23
June 2008	5	1,769,800	353,960	1	3	1,874,999	624,999	78
May 2008	6	1,644,550	274,091	3	2	709,500	354,750	91
Apr 2008	6	2,846,299	474,383	3	1	310,000	310,000	238
Mar 2008	6	2,825,699	470,949	1	1	160,000	160,000	205
Feb 2008	2	839,900	419,950	0	0	N/A	N/A	N/A
Jan 2008	2	2,149,900	1,074,950	1	2	539,000	269,500	139

Totals:	48	20,611,448	429,405	20	20	7,150,399	357,519	132

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices	Maximum Prices	Average Prices
Original List Price : $210,000	Original List Price: $949,900	Original List Price: $409,725
Sold Price : $128,000	Sold Price: $899,999	Sold Price: $357,519

Inventory Accumulation figures are only calculated when Report End Month is the current month

Market Statistics Criteria Used
Date Range:	1/2008 to 12/2008
Price Range:	$0 to $9,999,000
Property Category:	Residential
Area:	North Hanover Twp

FOR MORE INFORMATION ON NORTH HANOVER TOWNSHIP GO TO www.valeriebelardo.com

Valerie Archer Belardo

Broker Associate

The Valerie Belardo Team

RE/MAX Tri County

Office: 609-587-9300

Res: 609-298-4283

E-Mail: Valerie@belardoteam.com

www.valeriebelardo.com

Each Office Independently Owned & Operated