HAPPY NEW YEAR

2009 went by too fast..and I am looking forward to a FABULOUS 2010.

Thank you to all my clients, associates and friends.

I am looking forward to 2010 and helping at least 100 people purchase or sell their property!

Peace and Love
Clara
I turn real estate dreams into reality - One home at a time!

Contact me for your next real estate transaction

Home Buyer Tax Credt Extended and Improved!

Moments ago, President Obama signed a bill to extend unemployment insurance benefits. The bill also created a new tax credit that applies not only to first-time buyers, but to existing homeowners who have lived in their residence for at least five years. The credit for first-time buyers remains at $8,000, and is $6,500 for eligible repeat buyers.

In addition to including move-up buyers, the new tax credit also contains many improvements over the existing one. These include higher income thresholds and two different tax credit deadlines -- one for getting under contract and one for closing the transaction.

This legislation is significant, and will give the housing industry the additional support we need to keep the real estate recovery going.

For more info:
http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit

Now is the time to BUY and SELL property.

OPEN THIS WEEKEND - Come By:
330 Whethersfield Dr, Glassboro NJ 08028
313 Alfred Ave, Glassboro NJ 08028

For SALE:
320 Chestnut, Woodlynne NJ
206 Mercer, Gloucester City NJ
117 Slack Ave, Lawrenceville, NJ (55+ only)

Call Clara Today 856-264-1058

California Association of Realtors Calls for the Extension of the Tax Credit

C.A.R. calls for swift adoption of Dodd-Lieberman-Isakson amendment to extend home buyer tax credit LOS ANGELES (Oct. 23) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today called for the U.S. Senate to swiftly adopt the Dodd-Lieberman-Isakson amendment, which would extend and amplify the hugely successful first-time home buyer tax credit until June 30, 2010.

“The success of the home buyer tax credit and its positive impact on the real estate market is clear,” said C.A.R. President James Liptak. “According to our research, nearly 40 percent of first-time buyers said they would not have purchased a home if the federal tax credit for first-time home buyers was not offered. This underscores the significance of the federal tax credit to the housing market’s recovery in California.

“The Dodd-Lieberman-Isakson amendment would expand the credit by removing the first-time buyer requirement and instead would apply to all home buyers,” he said. “The amendment also would increase the qualifying income limits to $150,000 for single buyers and $300,000 for those filing joint income tax returns.

“We urge Senators Feinstein and Boxer to demonstrate their support for home buyers in California and quickly adopt the Dodd-Lieberman-Isakson amendment,” Liptak said.

Under additional provisions in the Dodd-Lieberman-Isakson amendment, taxpayers would be able to claim the credit on purchases completed in 2010 on their 2009 income tax returns. The amendment maintains the provision that home buyers do not have to repay the credit provided the home remains their primary residence for 36 months after purchase, and waives this requirement for active duty military personnel who move due to a military order.


SOURCE: CAR newlsletter: Leading the way…® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States, with nearly 163,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

Looking to Buy or Sell real estate - CALL CLARA 856-264-1058

Let me look in my crystal ball

Every other day I get asked "How is the market"? "Are home values going to go up?" "Will interest rates get lower?" "How long will it take for my house to sell?" and a host of questions along this line...My response " Let me look in my crystal ball." LOL.

While I wish I had the power to tell the future...My guess is as good as anyones...And if history is any indicator...Property values continue to demonstrate an upward trend over time...(that means if you look at most 10 year periods, despite all the ups and downs, the ups win). :)

Buying a home is still a good investment for 3 key reasons:

1) Tax Incentives - the tax code allows for write offs or cash back each year for home owners.

2) Equity - the difference between what you paid and what your home is worth can be cashed out or borrowed against during your ownership or at sale; and

3) Ownership Autonomy - You are in charge and grant permission for any changes to the property - occupancy issues (tenants or guests); painting; and remodeling - any idea you have to rearrange/tear down/or build up the property.

So when I look in my crystal ball, I see you calling me to assist you or someone you know with that next property transaction.

Call Clara 856-264-1058

First Time Home Buyer Tax Credit

The $8,000 Tax Credit for Home buyers expires November 30, 2009. Act now to take advantage of this great opportunity. Click on the link below for Q&A's on the program.

http://www.federalhousingtaxcredit.com/2009/faq.php

Call Clara TODAY at 856-264-1058 to take advantage of this opportunity.

Open House - 313 Alfred Ave Glassboro NJ Sunday Oct 25 1-4pm

This home is very nice! Located in Glassboro, New Jersey in a newer development called Rolling Greens, rightfully named as the green lawns seem to go on forever, this home is the perfect marriage to the term HOME SWEET HOME. The landscaping provides a nice screen of the porch that runs the length of the front of the home. The porch provides a nice view of the beautiful homes that line this peaceful street.

313 Alfred Ave can be your home in time for the holidays! This 3 bedroom colonial has 2 baths on the upper levels; one in the master suite and an additional half bath on the main level. A must for busy families, Alfred has both a formal dining room and a large eat in kitchen with room for informal meals or family projects. Adding to family time, the family room is a step down from the kitchen and the open floor plan continues to the large wood deck for more indoor/outdoor family fun!

It does not stop there…..There is MORE SPACE downstairs in the basement. Use your imagination….More family space? Another bedroom? You decide. Check out the lower right pictures.

313 Alfred Ave is calling out to you - HOME SWEET HOME

Can't attend the Open House? Call Clara for info or appointment TODAY at 856-264-1058

320 Chestnut Ave - Woodlynne NJ

This home is the perfect opportunity to become a homeowner/invester. Open House Sunday 10-11-2009 1-4pm.

10 Reasons to BUY THIS Home:


1. As a homeowner you get a mortgage less than what you might pay for rent.

2. You get to write off the interest on your loan each year...money back that you wouldn't get as a renter.

3. If this is your first home, you are eligible for the first time homebuyer tax credit.

4. You can decorate it any way you choose.

5. You will live on a quiet street with great neighbors.

6. You will have your own front and back yard for entertaining

7. You will be near transportation for easy commutes to Philadelphia, North Jersey, AC or NY.

8. You will have a home to call your own and have a legacy to leave your family.

9. When you decide to purchase your next home, you can rent it out for positive cash flow...or

10. You can sell it in the future and make a profit.

320 Chestnut Ave OPEN HOUSE

Sunday, OCTOBER 11, 2009

1pm - 4pm

(2BR Row Town Home w/Hard wood floors/Formal DR/Basement/front & back yards)

If this date does not work for you, Call Clara for an appointment -

856-264-1058

PS. The first phase clean out is complete and the interior painting is in progress.

313 Alfred Ave - Glassboro NJ

This home is very nice! Located in Glassboro, New Jersey in a newer development called Rolling Greens, rightfully named as the green lawns seem to go on forever, this home is the perfect marriage to the term HOME SWEET HOME. The landscaping provides a nice screen of the porch that runs the length of the front of the home. The porch provides a nice view of the beautiful homes that line this peaceful street.

313 Alfred Ave can be your home in time for the holidays! This 3 bedroom colonial has 2 baths on the upper levels; one in the master suite and an additional half bath on the main level. A must for busy families, Alfred has both a formal dining room and a large eat in kitchen with room for informal meals or family projects. Adding to family time, the family room is a step down from the kitchen and the open floor plan continues to the large wood deck for more indoor/outdoor family fun!

It does not stop there…..There is MORE SPACE downstairs in the basement. Use your imagination….More family space? Another bedroom? You decide. Check out the lower right pictures.

313 Alfred Ave is calling out to you - HOME SWEET HOME

Call Clara for info or appointment TODAY at 856-264-1058

Funds Available to Buy Your First Home

New $8,000* Tax Credit
For 2009, Congress has enacted an $8000 credit specifically to help first-time homebuyers. To qualify, you can earn no more than $75,000 as an individual or $150,000 as a married couple that files a joint tax return. If you do qualify, you will be able to deduct the full $8,000 from your federal tax liability. Or, if you owe less than $8,000, the government will subtract the amount you owe from $8,000 and send you a check for the difference.

Only first-time homebuyers who purchase their principal residence on or after January 1, 2009 and before December 1, 2009 are eligible. You will also be considered a first-time buyer if you have not had any ownership interest in such a home in the three years previous to the day of your 2009 purchase.

Keep in mind that, due to mortgage approvals, inspections and other steps in the buying process, you’ll need to be under contract to purchase soon in order to meet the tax credit closing date deadline. For detailed information about the tax credit, click on, First Time Home Buyers Tax Credit.

Call Clara to assist you with your next home purchase 856-264-1058

1.9 Million Foreclosure Filings Reported on More Than 1.5 Million U.S. Properties in First Half of ‘09

A total of 1,905,723 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 1,528,364 U.S. properties in the first six months of 2009, a 9 percent increase in total properties from the previous six months and a nearly 15 percent increase in total properties from the first six months of 2008, according to the RealtyTrac U.S. Foreclosure Market Report.

If you received a notice of possible foreclosure, you are not alone. The report also shows that 1.19 percent of all U.S. housing units (one in 84) received at least one foreclosure filing in the first half of the year.

Thinking about selling your home to avoid possible foreclosure? There are several FREE government programs to assist you in negotiating with the bank to save your home.

Call Clara today for more information. 856-264-1058

New Law Protects Renters From Foreclosure Eviction

Under the new foreclosure prevention bill President Barack Obama signed into law on May 20, 2009, renters scored a big victory against foreclosure evictions. Starting immediately, the Helping Families Save Their Homes Act allows tenants who pay their rent on time to remain in their foreclosed rentals through the end of their lease, unless the bank sells the property to someone who intends to make it their own residence, according to the Associated Press. If the home is sold to an investor or back to the lender, the new owner will have to allow the tenants to stay in the property for the full duration of the lease.

Do you need to move because the property where you live is in foreclosure? Are you thinking of selling a rental property that no longer meets your investment needs?

Call Clara today for assistance 856-264-1058

Weekend Open House Bargains

WHY RENT WHEN YOU CAN OWN?

320 Chestnut Woodlynne, NJ

Sat September 19, 2009

11am - 1pm

2 Bedrooms/ 2 level Colonial style RTC w/basement

Formal Dining Room

Partially Finished Basement/Unfinished portion utility room

Hardwood floors

Fenced Front and Back Yards

ONLY $85,000

206 Mercer Ave - Gloucester City, NJ

Sat September 19, 2009

2pm - 4pm

4 Bedrooms/1 Bath

3 level Colonial SFR

Double lot

Views of bridge

Walking distance to waterfront

Seller open to ALL OFFERS - Make one!

If you can not make these dates and times,

Call Clara 856-264-1058 for an appointment

Tax Credit Deadline Fast Approaching

The combination of the $8,000 tax credit and affordable home prices has created one of the best times in recent memory for first-time buyers to purchase a home. Yet, those who want to take advantage of the tax credit have virtually no time left to spare.


It's now-or-never for first-time buyers, who must get under contract quickly in order to close in time to meet the Nov. 30 deadline for the $8,000 tax credit.

Call Clara today at 856-264-1058 for more information.

Also be sure to check the value of homes in your area...

Click on the link to your right.

Homes Are Selling!

The National Association of Realtors' (NAR) Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, increased 3.2 percent over June and is 12 percent higher than in July 2008. According to NAR, the index is at its highest level since June 2007. In addition, contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001.

Spread the good news -- homes are selling!

Interested in buying or selling a home? Call Clara 856-264-1058

Open House 21 Willis Ave Cherry Hill NJ

Best Value in Cherry Hill!
Open House Sunday August 16, 2009 1-4pm

21 Willis is priced to sell and it has everything you would want and more.

1. Lots of SPACE -

If you are looking for 3-4 bedrooms, 21 Willis works for you. And 2 full baths are always a treat. Have a master or guest suite on the main level for 4 bedrooms...Or keep the family room with access to both the kitchen and the deck/pool area and utlize the 3 bedrooms upstairs.

Additional walk up attic space and basement space for storage are a definite plus. And the YARD....OMG!!!

2. Great for family and entertaining

21 Willis Ave has a wrap around floor plan that lets you have folks in the living room, the formal dining room, the kitchen, the family room, on the deck or on the enclosed porch...so that summer BBQ or Thanksgiving with the entire family and friends is a snap.

3. Fun backyard

Haven't you always wanted an inground pool? This home is located on a double lot, so guests can park off street and come in the front gate to the side yard, romp in the play area with the huge trampoline; take a swim or lay out by the fenced in pool, toss a football or roll around in the grassy area; or my favorite have a nice cold drink on the wood deck.

There are a little over 100+ days left for you to find a home to claim the $8000k tax credit. Take advantage of the 21 Willis open house and check out this lovely home.

Can't make it on Sunday Aug 16th? Call Clara at 856-264-1058 for a personal showing.

Click the link below for your free Market Snapshot:

MLS Market Snapshot

OPEN HOUSE 206 Mercer St Gloucester City NJ 1-4pm

SELLER IS OPEN TO ALL OFFERS. Micky D's DOUBLE SIZE IT has nothing on this property.

• EXTRA Large CORNER DOUBLE LOT


• EXTRA Large BEDROOMS - 4 to be exact


• EXTRA Large Bath


• Large Living Room


• Large Formal Dining Room


• Eat In Kitchen w/pantry area


• Large yard


• 3 levels of living


• Views of the Phili bridge


• Walking distance to waterfront


• Side yard and deck

Just bring some TLC and you could have a very large, comfortble quiet home near major transportation routes to Philadelphia, NY, Atllantic City. Central to everything. New carpet in living room and bedrooms. Needs carpets/flooring in dining room and hallways. SELLER IS OPEN TO ALL OFFERS. Purchase is "AS IS" and subject to bank approval.

Can't make it on Sunday? Call Clara 856-264-1058 for an appointment.

Don't forget to click the link on the side to find out what properties are selling for in neighborhoods that interest you.

OPEN HOUSE- 21 Willis Ave Cherry Hill Sunday 7/19 1-4pm

OPEN HOUSE
21 Willis Ave Cherry Hill NJ
Sunday 1-4pm

• 3 Bedrooms
• 2 Baths
• Colonial
• Formal Dining Room
• Updated kitchen
• Family Room
• Deck
• Enclosed front porch
• Basement and stand up attic
• Pool
• All appliances and most pool equipment included

Come check out the featured property! This property is built for summer fun and enjoyment. It is affordably priced at $219,900, with lower taxes. You get the Cherry Hill school system and an updated home. Don't miss it! Easy access to transportation. Drop by today. Near the Cherry Hill Mall.

You may qualify to use part of the $8000 Tax Credit upfront to purchase this home. Ask me about other special financing programs with low on NO downpayment.

http://www.21willis.com/


Call Clara - 856-264-1058
I turn real estate dreams into reality - One home at a time!


Be sure to find out what homes are worth in your neighborhood or in the neighborhood you want to live in. Click the link to the right!!!

MOVING SALE - 1272 Glassboro Rd Woodbury Heights NJ

Everything must go!!

Saturday, July 18, 2009

1272 Glassboro Road - Woodbury Heights NJ

Bringing together a buyer and seller doesn't end with the contract. My seller is out of state and needed assistance clearing the home of antiques, furniture, appliances, dishes, 37inch flat screen tv, deep freezer and other items..I offered to assist to help with delivering the property vacant to the new owner.

What better way than a MOVING/YARD SALE???

If you are in the area - stop by...BARGAINS! BARGAINS! BARGAINS!

If you can't make it, but are interested in possible items that are for sale, contact David, the house sitter at: dcarpenter1221@yahoo.com.