Congratulations Kate!
June 1st, 2010Check out the article featuring Kate in Realtor Magazine
COLDWELL BANKER TV COMMERCIAL FOR THE BUYER BONUS EVENT!
May 17th, 2010Need Help?
May 14th, 2010ARE YOU WONDERING…
•Can I Save My House?
•Can I Modify My Mortgage?
•What is The Difference Between a Foreclosure and a Short Sale?
•How Does Each Affect My Credit?
•When Can I Buy Another House?
•Will Anyone Help Us?
LET OUR QUALIFIED TEAM OF EXPERTS GIVE YOU THE FACTS. Don’t put if off for one more day…. Call now!
Coldwell Banker Extends Credit – Announces Buyer Bonus Event
May 3rd, 2010Thousands of Sellers to Offer Credit Up to $8,000 from May 1 Until July 31, 2010
PARSIPPANY, N.J. (April 26, 2010) — Coldwell Banker Real Estate LLC today announced the launch of its Buyer Bonus Sales Event, a national promotion intended to build on the momentum of the soon-to-expire federal homebuyer tax credit.
In a recent survey of Coldwell Banker Real Estate professionals, nearly half indicated that they had worked with home buyers who would have missed out on the home buyer tax credit in November of last year had it not been extended. In addition, while 34 percent cite the current tax credit extension (expiring April 30) as the primary reason their customers are currently for searching for a home, 28 percent said that they feel the limitations of this credit will prohibit some buyers from taking advantage of the credit.
That is why on May 1, 2010, immediately following the expiration of this government initiative, home sellers participating in the Coldwell Banker Buyer Bonus Sales Event will offer a credit of 3 percent (up to $8,000), when part of an accepted offer, of their home’s purchase price to buyers who sign a contract before July 31, 2010. There is no deadline for a closing date.
“The federal government did its part to encourage millions of Americans to achieve their dream of home ownership with the help of the home buyer tax credit,” said Jim Gillespie, president and chief executive officer for Coldwell Banker Real Estate LLC. “As the credit expires, Coldwell Banker Real Estate is encouraging buyers who haven’t found a home yet to continue looking, while bringing a new audience of home buyers who were unable to qualify for the tax credit into the market. We are confident that this private sector solution will represent a significant step toward continued recovery of the housing market.”
“The Buyer Bonus Sales Event will allow participating Coldwell Banker home sellers to essentially extend the benefits of the credit,” said Gillespie. “Without restrictions such as household income caps, the Coldwell Banker Buyer Bonus Sales Event allows for greater participation for all homebuyers. And our sellers have a unique opportunity to allow their home to stand out from the competition in their marketplace.”
Participating homes will typically be identified by Buyer Bonus Sales Event yard sign riders and tagged as a Buyer Bonus home online at www.coldwellbanker.com. While searching for a home online, home buyers can simply check the box labeled “Buyer Bonus Sales Event” to find participating properties nearby.
Information Provided By: http://www.coldwellbanker.com
If you are currently on the market with Coldwell Banker and wish to become a participating member please call your agent today. Are you thinking of putting your house on the market… use Coldwell Banker so you to can be apart of this amazing program.
Shirley Location: 631-399-5300
Moriches Location: 631-878-6080
Information Provided By: http://www.coldwellbanker.com
If you are currently on the market with Coldwell Banker and wish to become a participating member please call your agent today. Are you thinking of putting your house on the market… use Coldwell Banker so you to can be apart of this amazing program.
Shirley Location 631-399-5300
Moriches Location 631-878-6080
The clock is ticking…
April 23rd, 2010If you qualify for the buyer tax credit and are thinking of buying a home this is the time!! Don’t hesitate and miss out on an amazing opportunity. The tax credit ends on April 30th. Make that final call… look at the few houses you are deciding over one last time and sign the paperwork today. If you haven’t started looking yet… call today and get the search started!
OPEN HOUSE WEEKEND!!!
April 9th, 2010This weekend April 10-11th our office as well as many offices on Long Island are having Open Houses.
To see the homes that will be featured this weekend go to the main page under the search tab and click the Open House section. You can also find a list in the Sunday Newday.
Hope to see you there!
Don’t miss out on this opportunity…
April 1st, 2010If you are thinking of buying this is the time… act now to take advantage of the tax credits being offered!!!
$8,000 First-time Home Buyer Tax Credit at a Glance
- The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
- The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principal residence within three years after the initial purchase.
- The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
- The tax credit applies only to homes priced at $800,000 or less.
- The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.
- For homes purchased on or after January 1, 2009 and on or before November 6, 2009, the income limits are $75,000 for single taxpayers and $150,000 for married couples filing jointly.
- For homes purchased after November 6, 2009 and on or before April 30, 2010, single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.
The $6,500 Move-Up / Repeat Home Buyer Tax Credit at a Glance
- To be eligible to claim the tax credit, buyers must have owned and lived in their previous home for five consecutive years out of the last eight years.
- The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principal residence within three years after the initial purchase.
- The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $6,500.
- The tax credit applies only to homes priced at $800,000 or less.
- The credit is available for homes purchased after November 6, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, the home purchase qualifies provided it is completed by June 30, 2010.
- Single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.
Information provided by: http://www.federalhousingtaxcredit.com/glance.php
How your agent can help you…
March 19th, 2010Using Your Own Realtor
Actually, the best thing for you to do when you see an advertisement in the paper is to call your own Realtor and tell them about the ad. Since addresses usually do not appear in advertisements, your Realtor will call the listing agent and find out the MLS number for the property. If the listing is on the internet, it probably already provides the MLS number.
The MLS number allows the agent to access the listing directly on the Multiple Listing Service computer. That reveals a lot more information than what is available to you on the web.
The house may turn out to be a great home for you, but it may also be a property the Realtor has already disregarded because it backed up to a busy noisy street and you have told your Realtor you wanted a quiet neighborhood.
Information provided by: http://www.realestateabc.com
Once you have an agent that you are working with the process of finding your dream home will be simple. You can search on the Internet or even go for a Sunday drive take notes of addresses and MLS#’s and give your agent a call. They will be able to access all the information you are looking for, set up appointments and Open the door to your new home!
Looking to Buy or Sell? 1st things 1st…
March 12th, 2010You Have to Find an Agent. How do you do that?
If you’re reading this, you’re probably on the Internet. One key to a successful relationship between a real estate agent and their client is that, in addition to representing your interests competently, they educate you about the process as it unfolds. So don’t simply look for property on the web – look for an agent that informs you about the process.
Referrals are always a good way to go. Perhaps a friend, co-worker, or family member recently bought a house in the same community and had a good experience. However, if they bought a house twenty miles from where you want to move, it may not be a good idea to use the same Realtor.
You want an agent who knows the area in detail and has already previewed many of the homes available for sale in that community. Community knowledge should be important to you because you are not just buying a house. You are buying a home in a local neighborhood in a specific community.
Every Realtor can show you every property available for sale in the Multiple Listing Service. Since that is true, you can call any real estate office and find a Realtor willing to show you houses for sale.
Information provided by: http://www.realestateabc.com
We pride ourselves in the fact that the agents at Coldwell Banker M & D Good Life are continuously educated and trained in all aspects of today’s Real Estate market. They also have comprehensive knowledge of the surrounding communities and will be able to answer your questions about the areas you maybe interested in.
Feel free to contact us for all of your real estate needs.
Coldwell Banker M&D Good Life…
Your Realtors
Your Neighbors
Your Friends
Moriches Location: 631-878-6080
Shirley Location: 631-399-5300
SALES ARE UP!
March 4th, 2010January 2010 New York State home sales up 11 percent from year ago
2/26/2010
Albany – February 26, 2010 – The New York state housing market posted an improved start to 2010 compared to the beginning of last year with sales increasing by 11 percent compared to January 2009, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS. The statewide median sales price jumped more than 30 percent compared to January 2009.
“We are encouraged by the improved start to the 2010 housing market,” said Duncan R. MacKenzie, NYSAR chief executive officer. “Despite the fall off from a very strong December market, the 11-percent increase in sales from last January and the median price gain are good signs for the continued recovery of our housing market into 2010.”
MacKenzie noted that the flurry of buyer activity in October and November as the previous federal tax credit deadline approached likely drove the market higher in December. “Once the deadline pressure was released by the extension and expansion of federal homebuyer tax credit, many of those buyers became homeowners in December and January,” MacKenzie said, adding that buyers are expected to again flood the market in March and April as the new deadline approaches.
“The combination of the federal homebuyer tax credit, the SONYMA Tax Credit Advance Loan program and historically low mortgage interest rates make the beginning of 2010 a great time to buy a home in the Empire State,” said MacKenzie. “Consumers began to recognize this as 2009 progressed and undoubtedly many will become new homeowners between now and the April 30 tax credit deadline.” MacKenzie noted that buyers must be under contract by April 30 and close before June 30 to be eligible for the federal tax credit.
New York REALTORS sold 4,468 existing single-family homes in New York State in January 2010, an 11-percent increase compared to the January 2009 sales total of 4,024. January sales did lag behind the stronger than usual December 2009 market, when 7,403 homes were sold.
The January 2010 median sales price in New York State of $242,750 represents an increase of 30.5 percent compared to the January 2009 median of $186,085, and is 13-percent above the revised December 2009 median of $213,800.
The New York State Association of REALTORS is a not-for-profit trade organization representing more than 54,000 of New York state’s real estate professionals. The term REALTOR is a registered trademark, which identifies real estate professionals who subscribe to a strict code of ethics as members of the National Association of REALTORS. These REALTORS are also members of the New York State Association of REALTORS as well as their local board or association of REALTORS.
