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.

110 Constitution Dr. EHT - New Rental Price $1,325

February 23, 2010

dsc02301Cute, clean rancher, one car garage, back door to private fenced back yard has patio, 12×8 shed, gas heat and central air, close to all shopping, and AC, easy to show.  Small Pets allowed!  Call Peter Petridis at 609-377-4023 to set up an appointment to see the home.  To view listing on-line follow the link:

www.southjerseyshorehome.com/

 

 

 

 

 

$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 Statistics - Homes for Sale, Sold & Under Contract for Egg Harbor Township for June 2008 to June 2009

July 12, 2009

EHT

June 08

June 09

Units Change

Percent Change

Sale Median Price

$299,000

$268,000

$-31,000

-10.4

Sold Median Price

$305,000

$235,000

$-70,000

-23

Sale

845

810

35

-4.1

Under Contract

59

38

-21

-35.1

Sold

59

41

-18

-50

Absorption

12.3

18.9

6.6

54

 

Statistics

Egg Harbor Township NJ

 

-Sale Median Price June 2008 was $299,000 compared to $268,000, decrease of $31,000

-Sold Median Price June 2008 was $305,000 compared to $235,000, decrease of $70,000

-Unit Sales for June 2008 was 845 compared to 810 in June 2009, an incr. of 35 units

-Units UCT June 2008 was 59 compared to 38 in June 2009, a decrease of 21 units

-Units Sold June 2008 was 59 compared to 41 in June 2009, a decrease of 18 units

-Absorption June 2008 was 13 compared to 19 in June 2009, an increase of 7 month

 

 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

Happy 4th of July

Are you renting? Are your tired of you landlord?

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

Market Statistics for May 2008 to May 2009

June 15, 2009

Statistics
Egg Harbor Township, NJ

-Unit for Sales May 2008 was 846 compared to 833 in May 2009, an deacr. of 13 units
-Units UCT May 2008 was 33 compared to 45 in May 2009, an increase of 12 units
-Units Sold May 2008 was 52 compared to 38 in May 2009, a decrease of 14 units
-Sale Price May 2008 $267,750 compared to $184,5000, an increase if $83,250
-Absorption May 2008 was 22 compared to 16 in May 2009, a decrease of 6 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.

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.

Daily Rate Sheet Mortgage Rates as of 2/9/09 in Atlantic County NJ

February 10, 2009

TRIDENT MORTGAGE COMPANY
Everything You Need. Right Here. Right Now.

WEEKLY RATE SHEET

Michael Loglisci
Trident Mortgage Consultants
Brigantine Office
Phone: (609) 264-7232
Cell: (609) 338-9001
Michael.Loglisci@prufoxroach.com

February 09 2009

Loan Amounts to $417,000*  1pt  0 Points
30 Year Fixed   5.250%  5.875%
15 Year Fixed   5.000%  5.500%

    1pt  0 Points
3/1 ARM    5.000%  5.375%
5/1 ARM    5.000%  5.250%
Loan Amounts $417,000 to $1M 1pt  0 Points

30 Year Fixed    5.500%  5.750%
15 Year Fixed    5.125%  5.375%
3/1 ARM    4.875%  5.125%
5/1 ARM    4.875%  5.125%

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.
Our success depends on your referral.

*Interest rates are subject to change without notice.
Rates may vary based on borrowers qualifications.
Please contact your Trident Mortgage Consultant for more information.

 

We Bring You Home.

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Coldwell Banker At The Shore

Office Phone: 609-266-9500 Ext 117

3100 Atlantic-Brigantine Blvd., Brigantine , NJ 08203

Cell: 609-377-4023    E-mail: petridis@comcast.net