Continuing declines in mortgage rates and signs of home price pick-ups dominate this week's economic outlook for real estate. New applications to buy houses and condos jumped by 9.4 percent last week alone. Refinance applications were double that - up by about 18 percent. New Jersey Estates/Weich
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07/22/2009
An old Italian lived alone in New Jersey. He wanted to plant his annual tomato garden, but it was very difficult work, as the ground was hard. His only son, Vincent, who used to help him, was in prison. The old man wrote a letter to his son and described his predicament: Dear Vincent, I a
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07/20/2009
Internal Revenue Code changes have averaged one--per--day over the past eight years ---- with 500 revisions in 2008 alone. Who's counting? New Jersey Estates/Weichert Realtors Paul Stillwaggon & Pat Cornish July 2009 LINKING THE LATEST TECHNOLOGYTO OLD FASHIONED SERVICE Copyright © 2009 Realty Ti
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07/15/2009
Today, buyers want green, no doubt, but green that makes economic sense. Geothermal technology uses the earth's natural thermal energy -- a renewable resource -- to heat and cool a home. While outdoor temperatures fluctuate substantially with the seasons, subsurface ground and water temperatures
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07/15/2009
Under the new rules, even where borrowers have negative equities of as much as 25 percent, they may be able to refinance into better loan terms, provided their mortgage is owned or guaranteed by Fannie Mae or Freddie Mac. New Jersey Estates/Weichert Realtors Paul Stillwaggon & Pat Cornish July 20
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07/13/2009
Pending home sales rose sharply, by nearly 7 percent, in the latest month measured by the National Association of Realtors. Pending sales are those where the contracts are signed, but the deals haven't gone to settlement yet. New Jersey Estates/Weichert Realtors Paul Stillwaggon & Pat Cornish Jul
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07/13/2009
When a decision is made to make an offer to purchase a home, be sure to go back and take a second look. It is so much easier changing your mind about a home before a contract offer is made than after a contract offer is accepted and signed by the seller. This second appointment would be a perfect
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07/11/2009
For real estate investors buying houses at discount prices, it could be a hot new trend. Instead of simply doing the usual renovations, paint jobs and landscaping to turn around properties for resale or rental, growing numbers of investors are emphasizing energy efficiency improvements to increas
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07/10/2009
How do you determine whether a prospect should become a client? What are the criteria of becoming a client? Have you created a series of questions to help you minimize the time invested, to determine if a prospect will meet your standard? New Jersey Estates/Weichert Realtors Paul Stillwaggon & Pa
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07/10/2009
Critics of Fannie Mae's and Freddie Mac's controversial new appraisal rules ratcheted up the pressure before the July 4 congressional recess with the introduction of bipartisan legislation that would mandate an 18-month moratorium on the "Home Valuation Code of Conduct." New Jersey Estates/Weiche
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07/06/2009
