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