Nov. 6, 2009 - This Week's Open Houses Nov 7 - Nov 8
Franklin Township - Saturday and Sunday, November 7-8, 2009
Regardless of the listing agent, office or MLS service; if you are not already working with an agent, give me a call or send an e-mail and I will be happy to arrange a personal tour of any listed property or open house that you might find on the Internet, print media or yard sign. Contact Me There is no need to feel overwhelmed. Click for Buyer Advice. And most importantly, as a buyer read why you might not want to venture out on your own... http://tinyurl.com/acv5zx
At the time of posting the following properties are scheduled for an Open House, this coming Saturday and/or Sunday. Click hereto view pictures of this week's Open Houses.The following are featured homes this weekend in Franklin Township and surrounding areas from Century 21 Moretti Realty http://tinyurl.com/c64npd
Listing information provided by Garden State MLS **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.** The links will expire 60 days from 11/7//2009.
Nov. 5, 2009 - US Senate passes tax credit extention
Credit would extend into next year
In a US Senate vote of 98-0, legislation tied with extending unemployment benefits passed today that would also extend first-time buyer tax credits into the new year. The House of Representatives joined the Senate in passing the legislation, today. This legislation would extend the $8,000 homebuyer tax credit to contracts signed by April 30 and closed by June 30. The controversial credit, which many say has boosted home sales in recent months, was set to expire after Nov. 30. The Senate's bill also creates a $6,500 credit for those who buy a home after living in their current house at least five years. That measure would also apply to contracts signed by April 30 and closed by June 30. The current credit defines a first-time homebuyer as someone who has not owned a residence within the past three years. The bill now goes to President Obama for his signature. Click here to read more.
This is the stimulus needed in the local housing sector that will not only encouage first time buyers but add incentive for current homeowners to move-up to larger homes. Congress should be applauded for today's actions.
Yesterday, Businessweek reported that the Senate is expected this week to pass an extension of the credit that was originally going to expire Nov. 30. Buyers who sign a purchase agreement by April can now claim the credit.
The extension will apply to higher income buyers. Previously the credit was available to individual filers making $75,000 a year or less. For couples the limit was $150,000. The new income limit will be $125,000 for individuals and $225,000 for couples. There’s also something in for move-up buyers. For the complete story go to: http://tinyurl.com/yjdv78l
Earlier today, my household experienced a clogged toilet with all the drama of not knowing if it would overflow. Thankfully, it did not. Sooner or later these events happen to us all. It's not a big deal as long as you are prepared to deal with them and have the right tools, on hand.
Here is a quick tutorial for how to unblock a toilet. If you notice several drains in your home are somewhat sluggish, you problem source may be the main waste line from your home. It is particularly suspect if there are nearby trees, who's roots might have invaded the sewer line. This problem calls for professional help ( a licensed plumber) and might also require a regular maintenance schedule.
If your home has a septic tank here are two books that can help you to properly maintain your system They can be found at Amazon.com and possibly our Franklin Township Public Library:
Oct. 31, 2009 - Take action now to extend the homebuyers credit
Tax Credit "Cloture" Vote in Senate Expected Monday
You can join with REALTORS® to save the Tax Credit by contaction your Senator and asking him/her to support the coulture motion and to vote yes on the bill. To find our New Jersey Senators, click Here
REALTORS® are leading the charge to save the homebuyers Tax Credit. Although the Senate was not able to reach a procedural agreement to schedule a vote on the Unemployment Insurance extension, the Dodd-Lieberman-Isakson Amendment to extend and expand the Tax Credit is contained in the bill. The Senate is expected to vote Monday evening for a "Motion to Invoke Cloture." If 60 Senators vote yes on the cloture motion, the Senate will then be able to schedule a vote on the bill that contains the Dodd-Lieberman-Isakson Amendment. Once the Senate acts, the tax credit must still go to the House of Representatives for action.
Please continue to take action and ask members of congress to support the tax credit extension. REALTORS® can also call their United States Senators and ask them to "vote yes on the motion to invoke cloture on the Unemployment Insurance Extension.” This will keep the legislative process moving.
Oct. 30, 2009 - This Week's Open Houses Oct 31 - Nov 1
Franklin Township - Saturday and Sunday, Oct. 31-Nov. 4, 2009
Regardless of the listing agent, office or MLS service; if you are not already working with an agent, give me a call or send an e-mail and I will be happy to arrange a personal tour of any listed property or open house that you might find on the Internet, print media or yard sign. Contact Me There is no need to feel overwhelmed. Click for Buyer Advice. And most importantly, as a buyer read why you might not want to venture out on your own... http://tinyurl.com/acv5zx
At the time of posting the following properties are scheduled for an Open House, this coming Saturday and/or Sunday. Click hereto view pictures of this week's Open Houses.The following are featured homes this weekend in Franklin Township and surrounding areas from Century 21 Moretti Realty http://tinyurl.com/c64npd
Listing information provided by Garden State MLS **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.** The links will expire 60 days from 10/31/2009
I will be hosting an Open House at 106 Chatsworth Drive, Somerset, NJ 08873 on Sunday, October 25th from 1PM - 4PM. You are invited to stop by to view this 2-Bedroom/2-Bath ranch style townhome.
Regardless of the listing agent, office or MLS service; if you are not already working with an agent, give me a call or send an e-mail and I will be happy to arrange a personal tour of any listed property or open house that you might find on the Internet, print media or yard sign. Contact Me There is no need to feel overwhelmed. Click for Buyer Advice. And most importantly, as a buyer read why you might not want to venture out on your own... http://tinyurl.com/acv5zx
At the time of posting the following properties are scheduled for an Open House, today. Click hereto view pictures of this week's Open Houses.The following are featured homes this weekend in Franklin Township and surrounding areas from Century 21 Moretti Realty http://tinyurl.com/c64npd
Listing information provided by Garden State MLS **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.** The links will expire 60 days from 10/24/2009
Just as federal officials seek to wind down many bailout programs, the Obama administration announced Monday yet another initiative to prop up the housing market.
Administration officials unveiled a plan to aid state and local housing finance agencies, which provide mortgages to first-time and lower-income homebuyers and enable the development or rehabilitation of rental properties. Officials declined to put a pricetag on the program, but said there would be no cost to taxpayers. Read more
Regardless of the listing agent, office or MLS service; if you are not already working with an agent, give me a call or send an e-mail and I will be happy to arrange a personal tour of any listed property or open house that you might find on the Internet, print media or yard sign. Contact Me There is no need to feel overwhelmed. Click for Buyer Advice. And most importantly, as a buyer read why you might not want to venture out on your own... http://tinyurl.com/acv5zx
At the time of posting the following properties are scheduled for an Open House, today. Click hereto view pictures of this week's Open Houses.The following are featured homes this weekend in Franklin Township and surrounding areas from Century 21 Moretti Realty http://tinyurl.com/c64npd
Listing information provided by Garden State MLS **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.** The links will expire 60 days from 10/16/2009
Oct. 13, 2009 - House bill would extend tax credit for some
First-time homebuyers serving overseas in the military get help
The House of Representatives has voted to extend the popular $8000 first time home buyers tax credit to military personnel who are currently serving overseas.
H.R. 2562 amends the Internal Revenue Code of 1986 to extend the $8,000 first-time homebuyer credit for one year for members of the Armed Services of the United States serving outside the United States at least 90 days during 2009.
The bill would also prohibit the IRS from "recapturing" the $8,000 credit when service members are forced to sell or rent out their houses because they are ordered to deploy to a different duty station, overseas or inside the country. Currently, buyers who obtain the credit must use their houses as a principal residence for 36 months or repay the credit to the IRS.
From here, the action now moves to the U.S. Senate, which must also pass the measure before the bill can be signed by the president. Aside from other qualifying requirements, first time buyers must close on the home purchase before midnight December 1, 2009. To read more click here
Regardless of the listing agent, office or MLS service; if you are not already working with an agent, give me a call or send an e-mail and I will be happy to arrange a personal tour of any listed property or open house that you might find on the Internet, print media or yard sign. Contact Me There is no need to feel overwhelmed. Click for Buyer Advice. And most importantly, as a buyer read why you might not want to venture out on your own... http://tinyurl.com/acv5zx
At the time of posting the following properties are scheduled for an Open House, today. Click hereto view pictures of this week's Open Houses.The following are featured homes this weekend in Franklin Township and surrounding areas from Century 21 Moretti Realty http://tinyurl.com/c64npd
Listing information provided by Garden State MLS **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.** The links will expire 60 days from 10/11/2009
This guy, Gary Vaynerchuk, caught my direct attention a few days ago but in actuality, he got me several years ago. Unknown to me, he owns the Wine Library NJ! In this interview, Gary speaks on the importance of change in his life and business; his‘layer cake’ notion where he juggles a lot of different business interests; how social media is changing the agenda for businesses-they can’t dictate to people anymore and staying flexible in business and the impossibility of the five year plan.
Interestingly, Gary advises, "Do not buy the house in order to flip it, buy the house to live in it, restore it, and give it to your children." Wise advice in today's economy.
Oct. 7, 2009 - Where Americans pay the most to live
A surprise to some, it's not in New Jersey
While New Jersey residents rates highest with an overall tax burden, a Forbes.com survey sights San Jose, California as the location where Americans pay the most to live. For a comparison table of state and local tax burdens go to the Tax Foundation's Special Report No.163 published in August 2008.
The Census Bureau collects information about housing costs in its American Community Survey, an annual update to the more comprehensive decennial census. The 2008 survey, released last month, asked renters and homeowners in select Metropolitan and Micropolitan Statistical Areas--geographic entities that the U.S. Office of Management and Budget defines and uses in collecting statistics--about their monthly expenses. Median monthly housing costs include rent or mortgage payments, in addition to other property debts, real estate taxes, various types of home insurance, fuel for heating, utilities and maintenance.
Oct. 4, 2009 - Carriage Homes at Quailbrook - September 2009 Sales
What’s happening in the marketplace, now – October 4, 2009
According to the Garden State MLS, currently there are two (2) homes actively listed for sale in this Franklin Township Townhouse development, at the time of posting. However, as was the case last month, they both are in attorney review. The two properties are 2-story townhouse with 2 bedrooms-2.5 baths and one single level ranch with 2 bedrooms-2 baths. View these active listings.
There are no new listings since my last report to you on September 8, 2009. There has been one Carriage Homes at Quailbrook sale since the last report; 357 Cotswold Place for $264,000. Two other properties are currently under contract for sale.
That's what is happening in the marketplace now, October 4, 2009.
If you have specific questions about a Carriage Home proprerty or any local property, email me at: mjadams@century21.com or call (908) 583-0409.
Source: Garden State MLS, L.L.C.**Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.** The links will expire 60 days from 10/4/2009.
September 2009 Franklin Township Monthly Market Report
click to view
According to the Garden State MLS, the month of September, 2009 ended with 47 Franklin Township single family residencessold. Sale prices ranged between $117,000 and $601,000.The month ended with 378 active listings on the market ranging in price from $100,000 to $999,500. The month ended with 127 residential properties under contract.
That's what is happening in the marketplace now, October 4, 2009
If you have a question about a specific property in town, or stats for surrounding areas, please don't hesitate to contact me.
Source: Garden State MLS, L.L.C.**Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**The links will expire 60 days from 10/4/2009.
Oct. 3, 2009 - This week's open houses - October 3-4
Franklin Township - Saturday and Sunday, October 3-4, 2009
Regardless of the listing agent, office or MLS service; if you are not already working with an agent, give me a call or send an e-mail and I will be happy to arrange a personal tour of any listed property or open house that you might find on the Internet, print media or yard sign. Contact Me There is no need to feel overwhelmed. Click for Buyer Advice. And most importantly, as a buyer read why you might not want to venture out on your own... http://tinyurl.com/acv5zx
At the time of posting the following properties are scheduled for an Open House, this coming Saturday and/or Sunday. Click hereto view pictures of this week's Open Houses.The following are featured homes this weekend in Franklin Township and surrounding areas from Century 21 Moretti Realty http://tinyurl.com/c64npd
Listing information provided by Garden State MLS **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.** The links will expire 60 days from 10/03/2009
08873 is the Postal Code for Franklin Township in Somerset County, NJ and we love living here. Hi, I'm Mike Adams and this is a Real Estate blog For and About current and future residents of Franklin Township, also known as Somerset New Jersey.
I would love to help you with your central NJ real estate needs. Just contact me via phone, my websites or email.
I invite your comments and please visit Somerset 08873 often.
Michael Adams
CENTURY21 Moretti Realty
852 Easton Ave, Somerset, NJ 08873
Business: 732.828.3700 ext.306
PLEASE CALL DIRECT: 908.377.9262
Fax: 732.828.3913
mjadams@century21.com
http://www.mjAdamsSellsHomes.com
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