buyer help

Some tips on buying a home in New Jersey

By John Bendall | Published: May 25, 2010

Those who missed taking advantage of the first-time buyer tax credit but who are still planning the purchase of their first home, continue to have a wealth of opportunities in today’s marketplace. A few smart steps can save first-time buyers thousands of dollars. Here is a look at some of the ways how

Also posted in Central New Jersey Real Estate, home buyer help, RE/MAX Classic Group in New Jersey | Tagged , , , | Comments closed

Tax Credits For NJ Home Buyers might be on the horizon

By John Bendall | Published: May 20, 2010

Concern over New Jersey’s struggling housing market has spurred state lawmakers to develop a proposed refundable tax credit program for home buyers.

Proponents say the measure, which was passed Thursday by the Assembly Appropriations Committee and sent to the full chamber for a likely vote this week, gives potential homeowners a strong incentive to buy now.

Also posted in Central New Jersey Real Estate, home buyer help, Information about Central New Jersey, RE/Max Classic Group | Tagged , , , , , | Comments closed

RE/MAX Classic Group helps with Smooth moves in Central New Jersey

By John Bendall | Published: April 23, 2010

If you’re one of the many who have recently taken advantage of the first-time or move-up home buyer tax credit, there’s a happy move in your future. Unfortunately, I’ve seen the stresses of moving cast a cloud over the excitement my clients feel about heading to their new home, making for a nightmarish experience instead of a momentous occasion.

Also posted in home buyer help, homeowner help, Information about Central New Jersey, New Jersey home owner help | Tagged , , , | Comments closed

5 Steps to Buying Before Tax Credit Expires

By John Bendall | Published: April 19, 2010

5 Steps to Buying Before Tax Credit Expires  The expanded tax credit for U.S. homebuyers, which extends the $8,000 First-Time Homebuyer Credit and creates a new $6,500 credit for most repeat buyers, expires on July 1, 2010. As a buyer, you must be under contract by April 30 to make the deadline. This doesn’t leave … Continue reading 5 Steps to Buying Before Tax Credit Expires

Also posted in Information about Central New Jersey, RE/MAX Classic Group in New Jersey | Tagged , , | Comments closed

Hey New Jersey; Things you need to know about the new FHA guidelines

By John Bendall | Published: April 16, 2010

In today’s challenging credit climate, many home buyers and homeowners are turning to FHA for insurance, to purchase loans, and for refinancing options to get out of risky ARMs or subprime loans. As a Member of the Top 5 in Real Estate Network®, I have access to information from the National Association of Realtors® (NAR) regarding recent and upcoming changes to FHA’s single-family program that could impact the use of these important programs for consumers in the future. According to Jerome Nagy, senior regulatory policy representative at NAR, in order to replenish its dwindling reserves, FHA has implemented or proposed the following changes:

Also posted in Central New Jersey Real Estate, home buyer help, homeowner help, New Jersey home owner help | Tagged , , , , | Comments closed

8 Tips to Take Advantage of the Home Buyer Tax Credit before Time Runs Out

By John Bendall | Published: March 31, 2010

RE/MAX agents report that the home buyer tax credit currently can deliver meaningful savings, but only for those who, at a minimum, have a binding contract to purchase a home in place on April 30, 2010. With that deadline bearing down, potential buyers who want to capture the tax credit had better get serious about home shopping.
“It is certainly possible to find a great home and get it under contract in a month or less, but doing it requires intense focus on the part of both the buyer and the buyer’s real estate agent,” said Jim Merrion, regional director of the RE/MAX Northern Illinois real estate network.
Two versions of the tax credit are still being offered: a maximum credit of $8,000 for first-time buyers (and those who last owned a home 3 or more years ago), as well as a $6,500 credit for current homeowners. Either way, the credit applies only to the purchase of a new principal residence costing $800,000 or less, and there are income restrictions and other limitations, including a requirement to close the sale before July 1.

Also posted in Central New Jersey Real Estate, home buyer help, RE/Max Classic Group | Tagged , , , | Comments closed

Looking to Buy a ‘Fixer-Upper’? The 203k Program Can Help Make It Happen

By John Bendall | Published: March 4, 2010

Today’s real estate market presents a lot of opportunity for interested home buyers—with the growing supply of foreclosure properties and short sales, there are certainly some great deals to be had.

Also posted in home buyer help, Information about Central New Jersey | Tagged , , , , | Comments closed

Is Buying a Foreclosure Really a Bargain? What You Need to Know

By John Bendall | Published: February 25, 2010

Is Buying a Foreclosure Really a Bargain? What You Need to Know In today’s tumultuous economy, it’s no surprise that there are foreclosure properties to be found in just about every community across America—even ours. While a terrible hardship for homeowners to endure, foreclosures can present a unique opportunity for first-time home buyers and investors … Continue reading Is Buying a Foreclosure Really a Bargain? What You Need to Know

Also posted in Central New Jersey Real Estate, home buyer help | Tagged , , , , | Comments closed

Relocating? Top 5 Reasons to Find the Right Real Estate Agent

By John Bendall | Published: February 4, 2010

Believe it or not, even though selling and buying a home is one of the most stressful, most important financial and lifestyle investments you’ll ever make, most people spend very little time in selecting a real estate agent to work with. Even worse, most people tend to believe that all real estate agents are the same and possess the same skill sets and capabilities.

Also posted in Central New Jersey Real Estate, home buyer help, RE/Max Classic Group | Tagged , , , | Comments closed

Buying a home in Central New Jersey using FHA Financing.

By John Bendall | Published: January 27, 2010

Today I wanted to give you information about additional changes to FHA financing. In these challenging times it is important to stay on top of important mortgage policy changes. As such, you can rest assured that I will forward to you any good information that comes my way.

Also posted in home buyer help, Information about Central New Jersey, real estate market | Tagged , , , | Comments closed

  • Subscribe

    Signup to get Central New Jersey Real Estate and Community News


  • Get Our Latest Listings Before Anyone Else!
    As soon as we list another home for sale, we'll email you. You'll know first.
    Name:
    Email:

  • RSS Options
//nothing to see here