First-Time Buyers: Hurry for $8,000 Tax Credit It’s time to remind first-time home buyers that in order to qualify for the government’s $8,000 gift in the form of a tax credit, the deal must close by Dec. 1. Buyers should have a purchase contract signed by early October, so they have 45 to 60 days…

Bergen County Foreclosure Trends – April 2009 Posted by PAULA CLARK @ 6:29 am, May 31st, 2009 Bergen County foreclosure homes have remained relatively steady in 2009 after a spike in October 2008 with 398 new foreclosure filings in April compared to 925 filings last October, according to RealtyTrac.com. Bergen County Foreclosure Activity and Home Price Index Bergen County foreclosure activity…

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An investment of any size should always be supported by an inspection, and nowhere is this more true than in real estate. Yet many of my first-time buyers are so eager to get into their property that they overlook this crucial step. For assistance is selling your home in Bergen County, River Edge NJ, Oradell…

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Pending Home Sales Up for Third Consecutive Month Record low mortgage interest rates boosted the NATIONAL ASSOCIATION OF REALTORS®‘ (NAR) forward-looking pending home sales index 6.7 percent in April to 90.3 from a reading of 84.6 in March.  The April 2009 reading is 3.2 percent above April 2008.  “Housing affordability conditions have been at historic…

  Rates are up 0.25%+ So much for my comment of last week about flat trend lines! Read more. ///  Rates may be higher now but still very good. Particulary first time home buyers should not delay. /// Refinances that like to wait for the better rate should get fully approved and try a short lock on rate dip and…

Mortgage News Home Buyer’s Down Payment FAQs With today’s combination of lower home prices, some of the lowest interest rates the industry has ever offered, and the $8000 tax incentive for first-time buyers, buying a home has never been so attractive. The only real hurdle left for many Americans is coming up with a down…

For assistance is selling your home in Bergen County, River Edge NJ, Oradell NJ, Paramus NJ, Emerson NJ, Fairlawn NJ. Contact Carmelo Oliveri, Coldwell Banker Realtor at (201) 618-2854. Visit our web site at www.OurNJhouse.com or www.OurBergenCountyHouse.com Share and Enjoy:

RISMEDIA, announced the results of an extensive nationwide survey on home prices based on the responses of over 1,150 Realtors. The survey shows that 36% of homeowners think their homes should be listed 10 to 20% higher than what their Realtors’ recommend, down from 45% in the first quarter. Conversely, 64% of homebuyers think that…