summit nj real estate: Tax Credits Explained for First-Time Homebuyers
- 03/25/09 11:11 AM
Here is a great explaination of Tax credits currently available for first-time homebuyers. CNNMONEY.COM explains the differences between the Economic Recovery Act of 2008 and the recently signed stimulus package of 2009. The Economic Recovery Act of 2008 gives a tax credit of $7500.00 for first-time homebuyers that purchased after April 1, 2008 and before January 1, 2009. Walter Updegrave of CNNMONEY describes it as an interest free government loan that can be paid back over time. The current stimulus package of 2008 allows for an $8,000.00 tax credit for first-time homebuyers that purchase between January 1, 2009 and November 30 of 2009. … (0 comments)
summit nj real estate: Things to Know Before Buying a Home CNNMoney.com
- 04/19/08 08:05 AM
Money 101 published by CNNMoney.com is "An easy to follow guide to help gain control of your finances". The lessons in Money 101 start with "Setting Priorities", "Making a Budget", "Investing"," Buying a Home", "Planning for Retirement" and more. I found most of the information to be very helpful , but as a real estate professional I had particular interest in Lesson #8, "Buying a Home". Money 101 begins with a few "Top Things to Know" like when to buy, cleaning up your credit, getting pre approved, and finding a real estate professional. If you are looking to buy or sell a home there are definitely things … (0 comments)
summit nj real estate: HousingMarketFacts.Com and the Value of Owning a Home
- 04/19/08 07:32 AM
The National Association of Realtors has launched a site to help educate the public on the advantages of using a realtor. The site http://www.housingmarketfacts.com/ points out the benefits of homeownership. Did you know that home values nearly double every ten years.?" Learn about the advantages of homeownership and more at HousingMarketFacts.Com. The (NAR) recommends this site for both buyers and sellers and encourages both to find a realtor to help them with all of their real estate needs. Posted by Thomas Della Piazza, Coldwell Banker Realtors. … (0 comments)
summit nj real estate: Homebuyers Should Know the Value of Their Homes Before Refinancing
- 03/08/08 08:59 AM
Originally Posted by on http://SummitToday.com As a Realtor in the Summit, NJ area, I recently received a call from a homeowner that was interested in selling his home because he could no longer afford it. He purchased the property in 2004 with no money down and refinanced it a year later for $40,000.00 more than what he paid for it. Last week, I performed a Comparable Market Analyses (CMA) for him and determined that he now owes more than his home is worth. If he were to sell his home today, he would not only have to come up with enough money to pay … (0 comments)
summit nj real estate: Summit NJ Realtor Launches New Site Summit Today
- 09/13/07 12:51 PM
Thomas Della Piazza, Summit resident and local realtor with Coldwell Banker launches a new site called Summit Today. The site is easy to use and is a valuable resource for those interested in obtaining information about the Summit NJ area. The site contains links to Summit Public Schools, Real Estate, Transportation, and much much more. Thomas is a third generation resident of Summit and specializes in helping buyers and sellers with all of their real estate needs. Thomas invites you to check out his site Summit Today and welcomes all comments. If you would like to contact Thomas please email him … (0 comments)
Here is a great explaination of Tax credits currently available for first-time homebuyers. CNNMONEY.COM explains the differences between the Economic Recovery Act of 2008 and the recently signed stimulus package of 2009. The Economic Recovery Act of 2008 gives a tax credit of $7500.00 for first-time homebuyers that purchased after April 1, 2008 and before January 1, 2009. Walter Updegrave of CNNMONEY describes it as an interest free government loan that can be paid back over time. The current stimulus package of 2008 allows for an $8,000.00 tax credit for first-time homebuyers that purchase between January 1, 2009 and November 30 of 2009. … (0 comments)
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