EWING MAYOR'S MEETING - FEB 17, 2010
Ewing Township Mayor Jack Ball has invited members of the Mercer County Association of REALTORS® to make an informal presentation on buying and selling a home in Mercer County at his Mayor's meeting on February 17, 2010 at 7:00p.m. The meeting will take place at the Ewing Township Municipal Building, Two Jake Garzio Drive, Ewing, NJ 08628.
Residents, especially those that are considering buying or selling a home in Mercer County, are encouraged to attend the meeting and learn how to take advantage of the current housing market from some of the area's top REALTORS®.
MCAR member David DePaola of R.A. DePaola, Inc. will begin the program with helpful tips for homebuyers and sellers such as effective negotiating, financing options, the inspection and home disclosure process, preparing and presenting your home sale, foreclosures and short sales. Mr. DePaola's family owned firm was established here in Ewing 56 years ago and he has personally been practicing realty in the area for 27 years. "Buying and selling a home is the largest financial transaction most people ever undertake," said Mr. DePaola. "We appreciate the opportunity to share our expertise as local REALTORS® at this Mayor's meeting, and are hopeful that residents will look to the Mercer County Association of REALTORS® as a resource to help them navigate through the complex process of buying or selling a home."
Frank Mancino, Vice President of Gateway Funding, will follow Mr. DePaola with an overview of the recently extended Federal First-Time Home Buyer Tax Credit, which gives first-time homebuyers an $8,000 tax credit for purchase of a new home until April 30, 2010. Current homeowners purchasing a new or existing home between November 7, 2009 and April 30, 2010 can also apply to receive a tax credit of $6,500 under the plan. Mr. Mancino will offer guidance on how homebuyers can take advantage of this beneficial program and discuss other incentives that buyers and sellers may find worthwhile. "The record-low interest rates coupled with the terrific incentive programs that are available right now, make it a prime time to buy a home in Mercer County," said Frank Mancino. "I look forward to sharing some insight on how buyers and sellers can best utilize these programs at the meeting on February 17."
There will be a question and answer period at the end of the meeting where residents can ask the REALTORS® follow-up questions and all attendees will be given hand-outs with detailed information on all the items discussed.