Are your taxes to high! Are you looking to file for a tax appeal? Need help with the comparable sales for last year?
March 1, 2010
Prices have come down in the last few years. Your tax assesment on your home is higher than your home is worth? It might be time to file a tax appeal. Need help with the comparable sales for your area. Call or email Peter Petridis Team direct at 609-377-4023 or email at petepetridis@southjerseyshorehome.com, a free service provided to you by Prudential Fox and Roach Realtors.
Send us your information, your name, phone number and address you are trying to appeal and we will try to assist you with the process. We can provide you with a Guide to Tax Appeal Hearings.
We also have a licensed appraiser we can refer you to if you prefer to use a professional to help you with the process. We can even refer you to a lawyer to assist you with the entire process.
$8,000 Federal First-Time Home Buyer Tax Credit is still available!
August 23, 2009
The clock is ticking…as of today there are only 100 days left for the first-time buyers to qualify for the $8,000 federal first time home buyer tax credit. You must close on the home you buy by November 30, 2009 or you will loose this opportunity for this tax credit. This is the time to buy, call The Petridis Team to help with your next home. We cover the entire Atlantic County are and can show you homes in Absecon, Galloway, Egg Harbor Township, Northfield, Mays Landing, and surrounding area. Our direct line is 609-377-4023. Feel free to click on the link below to search the Atlantic County MLS to search for a home.
MLS Search: http://www.southjerseyshorehome.com/SearchLocalMLSListings
Weekly Mortgage Rate Sheet for Trident Mortgage…
July 21, 2009
TRIDENT MORTGAGE COMPANY
WEEKLY RATE SHEET
Michael Loglisci
Trident Mortgage Consultants
Brigantine Office
Phone: (609) 264-7232
Cell: (609) 338-9001
Michael.Loglisci@prufoxroach.com
July 21, 2009
Loan Amounts to $417,000* 1pt 0 Points
30 Year Fixed 5.000% 5.375%
15 Year Fixed 4.500% 4.750%
30 Year FHA 5.125% 5.375%
1pt 0 Points
3/1 ARM 3.750% 4.000%
5/1 ARM 4.000% 4.250%
Loan Amts $417,000 to $1M 1pt 0 Points
30 Year Fixed 6.000% 6.250%
15 Year Fixed 5.250% 5.500%
3/1 ARM 4.500% 4.750%
5/1 ARM 4.500% 4.750%
The programs and rates listed above are just a few of the loan programs
available thru Trident Mortgage.
Trident Mortgage has loan programs to suit all of your clients needs.
*Interest rates are subject to change without notice. Rates may vary based on borrowers qualifications.
**Rates do not apply to loans already locked.
Please call the Petridis Team to help you with your real estate purchase. Direct line for Peter Petridis from Prudential Fox and Roach Realtors is 609-377-4023. We are available to show you all the homes in the area. If you are looking for a primary home or a second home at the shore this is the time to purchase your next home.
Market Conditions - Homes for Sale, Sold, Under Contract for Absecon NJ June 2008 to June 2009
July 12, 2009
|
Absecon |
June 08 |
June 09 |
Units Change |
Percent Change |
|
Sale Median Price |
$275,000 |
$234,950 |
$-40,050 |
-14.6 |
|
Sold Median Price |
$184,500 |
$245,000 |
$60,500 |
32.8 |
|
Sale |
189 |
158 |
-31 |
-16.4 |
|
Under Contract |
10 |
10 |
0 |
0 |
|
Sold |
12 |
11 |
-1 |
-8.3 |
|
Absorption |
15.6 |
13.8 |
-1.8 |
-11.5 |
Statistics
Absecon, NJ
-Sale Median Price June 2008 was $275,000 compared to $234,950, decrease of $40,050
-Sold Median Price June 2008 was $184,500 compared to $245,000, decrease of $60,500
-Unit Sales for June 2008 was 189 compared to 158 in June 2009, an decrease of 31 units
-Units UCT June 2008 was 10 compared to 10 in June 2009
-Units Sold June 2008 was 12 compared to 11 in June 2009, a decrease of 1 units
-Absorption June 2008 was 15.6 compared to 13.8 in June 2009, a decrease of 2 months
Absorption rate is a calculation of how long it will take for all the homes on the market to be sold, or absorbed, at the current rate of sales. Above is a one year comparison of the number of months of inventory on hand.
HAPPY 4th of JULY - It’s time to declare your independence from your landlord!
July 4, 2009
Happy 4th of July
With today’s interest rates and great first-time buyer programs, there’s no point in throwing money away on rent.
I can help you find the perfect home. We’re are your “First Time Buyer” experts!
Call us today at 609-377-4023 or visit our website at www.southjerseyshorehome.com. To search the MLS for a home in your area please follow the link below: http://www.southjerseyshorehome.com/SearchLocalMLSListings
Just Reduced - Lot on Absecon Shores with Fantastic Views Priced at $165,000
April 7, 2009
Price reduction on a lot in Absecon Shores! Great opportunity to build your custom bay front home on ½ acre, lot dimension is 102 by 175. Come and see the beautiful skyline views of Atlantic City and Bay views in this quiet area, surrounded by beautiful homes. Owner will clear lot, all utilities available with easy access to the White Horse Pike, AC expressway and Parkway. Only minutes to Atlantic City and the Borgata-Marina districts. Boaters, easy access to the bay and public dock down the street. Survey available.
Follow the link to preview the listing pictures on-line:
www.southjerseyshorehome.com/404burningtree
First Time Home Buyer Tax Credit of $8,000
April 7, 2009
Congress Enacts Bigger and Better
Home Buyer Tax Credit
A tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid.
First Time Home Buyers whoe who purchased a home between April 9, 2008 and January 1, 2009 may be eligible for a federal tax credit of up to $7,500.
Call Peter or Beverly Petridis from Prudential Fox & Roach Realtors to help you with your search in finding your first home. We cover the following areas: Absecon, Galloway, Egg Harbor Township, Northfield, Linwood, Egg Harbor City, Atlantic City, Brigantine and Ventnor.
First-Time Home Buyer Tax Credit
February 23, 2009
Enhanced Tax Credit Provides Outstanding Opportunity for Home Buyers.
In its efforts to stimulate the economy and revive the housing market, Congress has enacted legislation providing a tax credit of up to $8,000 for first-time home buyers. But time is of the essence for buyers who want
to take advantage of this opportunity. Only homes purchased on or after January 1, 2009 and before December 1, 2009 are eligible.
$8,000 Home Buyer Tax Credit at a Glance
-The tax credit is for first-time home buyers only.
-The tax credit does not have to be repaid.
-The tax credit is equal to 10 percent of the home’s purchase price up
to a maximum of $8,000.
-The credit is available for homes purchased on or after January 1, 2009
and before December 1, 2009.
-Single taxpayers with incomes up to $75,000 and married couples with incomes
up to $150,000 qualify for the full tax credit.
This tax credit can help any people who are looking to purchase a home in the Atlantic County area, including the following cities and towns: Absecon, Galloway, Egg Harbor Township, Northfield, Linwood, Atlantic City, Brigantine, Margate, Ventnor and Longport NJ.
If you have any questions please contact Peter Petridis from Prudential Fox and Roach Realtors for assistance at 609-377-4023.
404 Burning Tree Blvd. Cleared Bay Front Lot Priced $175,000
January 27, 2009
Just Listed - Absecon Shores! Great opportunity to build your custom bay front home on ½ acre, lot dimension is 102 by 175. Come and see the beautiful skyline views ofAtlantic City and Bay views in this quiet area, surrounded by beautiful homes. Cleared lot, all utilities available with easy access to the White Horse Pike, AC expressway and Parkway. Only minutes to Atlantic City and the Borgata-Marina districts. boaters, easy access to the bay and public dock down the street. Survey available.
Please click below to see the preview the listing on-line: www.southjerseyshorehome.com/404burningtree
See this Brigantine Home Listing
To search for a property for sale in the area click here: Search Local MLS Listings
Let's get together and talk about your >South Jersey experience. If you are a buyer, we can help you find the perfect home or condo for you in the South Jersey Shore Home area. If you are selling a home we can simplify the process for you. We can prepare a Comparative Market Analysis - CMA for your home and let you know what your home actual home value is in this market. Call Peter or Beverly Petridis at the office 609-264-7304, or on our cell phone 609-377-4023. We will set-up a time that is easy and convenient for you to meet.