Posts Tagged as Real estate

April 2013 Real Estate Buyers Market Update — Central New Jersey

April 2013 — The real estate market has heated up and homes are selling very quickly. There is a shortage of homes for sale and buyers need to be quick, they need to be ready and they need an experienced, efficient Realtor on their side to help them navigate their choices in a very timely manner. Homes in West Windsor, South Brunswick, Plainsboro, Hamilton, Princeton and all the surrounding areas are moving quickly.

Take a look at the video and give me a call so we can get you into the r… Continue Reading April 2013 Real Estate Buyers Market Update — Central New Jersey

Will You Owe Income Tax on Your Short Sale?

 
Homeowners who sell their home through a short sale may owe income taxes on the amount that is forgiven them by their lender. It really does depend on some specific situations. I am not an accountant and I suggest you talk to an accountant about your specific situation but this is a brief overview of the issue. I’ve helped many home owners in Central New Jersey sell their home through a short sale when their mortgages were more than the value of their homes. If you need help, don’t k… Continue Reading Will You Owe Income Tax on Your Short Sale?

Waiting for the Real Estate Market in NJ to Hit Bottom May End Up Costing You More!

 

 

 

Has the real estate market in New Jersey hit the bottom? It might be irrelevant. Prices certainly seemed to have stabilized and are even on an upward trend in parts of New Jersey. However, one thing that is almost certain is that mortgage interest rates hit their low during the Fall of 2010 and have been headed up since then. Most economists agree that mortgage rates are likely to increase in the near future. Even if home prices do fall further, the higher mortg… Continue Reading Waiting for the Real Estate Market in NJ to Hit Bottom May End Up Costing You More!

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