The Real Voice of New Jersey Real Estate

Quick Story & Staunch Reality ....

A young gentleman was pre-approved.  While a small loan, it is significant for him since it is the very first house he has ever bought.  The closing date is on the back end of November's Ides...

The supporting documentation was collected and the appraisal was ordered, yet over the weekend, he spoke to the Family Attorney.  Mr. Attorney recommended that he shop around.  Alas, the chap was "approved" at a local bank at an interest rate that was about a half percent lower than we quoted.  So, he went that way.

Days later, meaning today, it so happens that the local bank turned him down.  While getting into specifics may be a bad thing, they low-balled a legitimate rate they could offer him and their debt ratio requirements are tighter than an amateur porn star's balloon knot.  (No, you didn't just write that.  Yup, I did.)  They turned him down.

So, we are starting over to an extent.  The appraisal must be re-ordered and now we can actually send the file to Underwriting.

I'm a champion of folks shopping around, just not so late in the game.

The next time you shop, try the Family Attorney.

http://www.robbinsvillehomesforsale.com/009FF8

Monthly Statistics for the Date Range Selected

With the end of the year approaching, we continue to have positive news for Hamilton, New Jersey home owners.  Homes for sale in Hamilton have been on the move continuously for several months now.    With the average number of homes sold per month now being 60, we have sold more than the average every month consistently since May with the last few months virtually more than 80!

So what does all this good news mean to you?   Well basically it means that home sales are on the rise again in Hamilton, New Jersey.  Now that does NOT mean that prices of homes have gone up, it does mean that the number of contracts written has gone up.   

If you are considering selling a home in Hamilton, New Jersey, now might be a great time to do that.    With buyers still out there trying to take advantage of the $8000 tax credit new inventory is always needed.

If you need additional information or would like a free home market anaylsis please call the award winning The Desiree Daniels Team at (609) 448-2222 (home)

 

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Nov 2009	11	2,627,499	238,863	0	0	N/A	N/A	N/A
Oct 2009	101	26,455,248	261,933	66	76	17,459,480	229,730	88
Sep 2009	122	30,509,050	250,074	86	83	18,982,050	228,699	96
Aug 2009	128	33,321,589	260,324	79	85	22,159,044	260,694	94
July 2009	126	36,334,471	288,368	91	85	19,154,370	225,345	91
June 2009	146	36,144,521	247,565	98	74	18,081,400	244,343	78
May 2009	152	38,453,068	252,980	80	56	13,418,056	239,608	94
Apr 2009	161	39,178,234	243,343	51	50	11,249,200	224,984	84
Mar 2009	128	31,155,847	243,405	66	51	10,994,510	215,578	106
Feb 2009	126	30,045,790	238,458	64	28	5,935,900	211,996	122
Jan 2009	136	33,699,645	247,791	50	37	8,447,401	228,308	96
Totals:	1337	337,924,962	252,748	731	625	145,881,411	233,410	93

 Inventory Accumulation for the Last 12 Full Months

Current Inventory *	Inventory Volume	Current Average	Average Monthly Sales**	Inventory Accumulation ***
503	138,607,843	275,562	60	8

*

http://www.robbinsvillehomesforsale.com/009FF7

Hi Desiree
 
I just wanted to send you a quick thank you for all your help on the sale of my home.
I truly appreciate your responsiveness and outstanding service.

In a down market like this only the best can sell a home in 45 days, so I know I made a wise choice.

I would highly recommend you to others. 

Best of luck with your future sales!
 
-Laura Nikola

 

http://www.robbinsvillehomesforsale.com/009E51

Are you searching for that perfect community for your new home?   Brandon Farms is a beautiful community located in desirable Hopewell Township, New Jersey.  Conveniently located between Route 31 and Lawrenceville - Pennington Rd it provides great access for commuters!  All major roadways are just minutes away Route 31, 295, 95, 206 and the Hamilton, Trenton, and Princeton Junction Train Station are just a short drive. 

Brandon Farms is only minutes to Princeton, Lawrenceville and all of desirable Mercer County.  Located within the highly sought after Hopewell Township School District which places well within the top 50 schools in the state each year.  The community provides something for everyone including Active Adult Community, Townhouses and single family homes.  The community is bustling with activities such as Halloween Hayrides, community yard sales, a day with Santa, a beautiful club house and a community pool are just a few of the amenities that Brandon Farms families enjoy all year around.

For a more added convenience a new shopping center is located on Denow Rd and Rt 31. Enjoy a new Grocery Store, coffee shop, Italian restaurant, ice cream shop, you can even pamper your pet with a gourmet pet boutique just to mention a few.  Beautiful Pennington Boro is just down the road with great dining and shopping! Enjoy carefree living at Brandon Farms!

Here are just a few of the featured properties for sale currently in Brandon Farms.    If you need additional information, pictures, floor plans or would like to schedule a private tour please contact us at (609) 448-2222

 

206  Sandpiper Ct, Hopewell, NJ 08534

$304,999

MLS #: 5522193   MLS Area: 21106 Hopewell Twp County: Mercer Tax ID #: 06-00078 20-00015-C72 Subdiv / Nei: Brandon Farms School Dist: Hopewell Valley Reg - High:   - Middle:   - Elem:   Beds, Baths: 2     2/1 Ownership: FeeSimple Type: Row/Townhous Design: 2-Story Style: Colonial Basement: N Age: 15    Int SF: 1,463/    A Unit Floor #:   Central Air: Y Internet: Y / N Directions   Cross Street:Bollen Map Grid:

Remarks

Public:NO REASONABLE OFFER REFUSED !!! LIQUIDATION SALE PRICING !!!come snd enjoy this beautifull large very open town home in hopewell twp. featuring: 17 foot cathedral ceilings, vaulted ceiling in main bedroom, a secluded balcony, main bath has soaking tub, laundry room on second floor, lsrge rooms thou out, a nice secluded patio, a nice sized garage, a well appointed eat-in kitchen. there is so much to this home, you have to see to understand this value.   Courtesy of Re/Max Excel

 

208  Amberleigh Dr, Pennington, NJ 08534

$327,900

MLS #: 5542162   MLS Area: 21106 Hopewell Twp County: Mercer Tax ID #: 06-00078 20-00018-C083 Subdiv / Nei: Brandon Farms School Dist: Hopewell Valley Reg - High: Central - Middle: Timberlane - Elem: Hopewell Beds, Baths: 3     2/1 Ownership: Condo-FeeSim Type: Row/Townhous Design: 2-Story Style: Colonial Basement: N Age: 15    Int SF: 1,908/    A Unit Floor #:   Central Air: Y Internet: Y / Y Directions Federal City Rd. to Denow to Amberleigh Dr. Cross Street:Denow Map Grid:

Public:Beautiful 3 bedroom, 2.5 bath townhouse located in Drakes Mill at Brandon Farms. Extra long driveway, entrance foyer, living room/dining room, 2-story family room with wood burning fireplace, marble surround, laminate wood flooring throughout. Eat in kitchen, self cleaning oven, built in microwave, slider to fenced brick patio backing to tall pine trees. Master suite with vaulted ceiling, walk in closets, full bath with soaking tub, stall shower, and double sink. Upstairs laundry and 2 more bedrooms with double closet space. Ideal location to clubhouse/pool and more.  

 

301  Amberleigh Dr, Pennington, NJ 08534

$376,900

MLS #: 5567494   MLS Area: 21106 Hopewell Twp County: Mercer Tax ID #: 06-00078 20-00018-C165 Subdiv / Nei: Brandon Farms School Dist: Hopewell Valley Reg - High: Central - Middle: Timberlane - Elem: Stony Brk Beds, Baths: 3     2/1 Ownership: Condo-FeeSim Type: Row/Townhous Design: 2-Story Style: EndUnit/Row Basement: N Age: 15    Int SF: 2,052/    A Unit Floor #:   Central Air: Y Internet: Y / Y Directions Denow Rd to L/R Amberleigh Dr. to #301 on R Cross Street:Denow Map Grid:

 

Remarks

Public:Drake's Mill end unit TH w/2car gar, foyer w/HW fl, 2-stry LR w/windowed walls, wooden blinds, recessed lites & CF, DR w/chair rail moldings, wide blinds, upgraded lite,fx, butler's pantry/closet, 1st fl laundry, w/utility tub & gar access, EIK w/HW fl, center isle, oak cabs, LZ Susan, Kohler sink w/Grohe, pull-out faucet, new appliances, including a Maytag, sealed burner, self-clean gas stove, built-in micro, Kenmore Elite DW, pantry, dinette area w/fenced patio area, FR w/HW fl, wood FP w/marble surround, mantle & accent lites, toned walls & sliders to the fenced patio/yd, 2nd fl hallway w/pull-down attic access, main BA w/linen closet, tub/shower, new toilet & vanity, MBR w/vol ceiling/fan, double WICs, sliders to balcony, MBA w/vol ceiling, shower stall, corner garden tub, double vanities & toilet rm, 2 additional BRs w/CFs & closet storage. HVAC 07' w/electronic air filter & UV lite.  Courtesy of Re/Max Premiere Properties

 

11  Welwyn Ct, Pennington, NJ 08534

$524,900

MLS #: 5570955   MLS Area: 21106 Hopewell Twp County: Mercer Tax ID #: 06-00078 15-00033 Subdiv / Nei: Brandon Farms School Dist: Hopewell Valley Reg - High: Central - Middle: Timberlane - Elem: Stony Brk Beds, Baths: 4     2/1 Ownership: FeeSimple Type: Single/Detac Design: 2-Story Style: Colonial Basement: Y Age: 14    Int SF: 2,108/    A Unit Floor #:   Central Air: Y Internet: Y / Y Directions Denow Rd to L/R Chicory L Brandon Rd to L Welwyn Ct to #11 on L Cross Street:Brandon Map Grid:

 

Remarks

Public:2090 model in Brandon Farms w/premium cul de sac location/woods w/full fin bsmt w/great rm&den, 2car gar, 2-stry foyer w/HW fl, LR w/new W/W, toned walls, crown molding, DR w/wood-tone fls, crown molding, deco wall tones&win tx, gourmet KIT w/oak cabs, granite counters, wood-tone fl, double under-mount stainless sinks w/upgraded faucet, new stainless appliances 06'including Frigidaire side/side fridge, DW, GE gas stove, built-in micro, dinette area w/upgraded lite fx,sliders to rear yd/deck, FRw/wood-burning FPw/marble surround, mantle,accent lites, toned walls,windowed wall w/wooded views, French dr to deck, ½ BA w/marble fl, white vanity/sink, accent mirror&lite fx, 1st fl laundry w/built-in cab, utility tub&garage access,9'ceilings 1st fl,2nd fl w/double drs to MBRw/vol ceiling,toned walls,WICw/attic access,MBAw/vol ceiling,vanity w/double sinks,full mirror,garden tub,shower stall,deco wall tx,wooded views,3 additional BRs w/closet storage&toned walls,main BAw/tub/shower,vanity/sink&CT fl.Hot H2O&W/W 08'.   Agent: Also, avail. for rent $2,500/month Courtesy of Re/Max Premiere Properties

 

32  Navesink Dr, Pennington, NJ 08534

$559,900

MLS #: 5590908   MLS Area: 21106 Hopewell Twp County: Mercer Tax ID #: 06-00078 13-00002 Subdiv / Nei: Brandon Farms School Dist: Hopewell Valley Reg - High: Central - Middle: Timberlane - Elem: Stony Brk Beds, Baths: 4     2/1 Ownership: FeeSimple Type: Single/Detac Design: 2-Story Style: Colonial Basement: Y Age: 16    Int SF: 2,462/    A Unit Floor #:   Central Air: Y Internet: Y / Y Directions Denow Rd to L/R Navesink Dr to #32 Cross Street:Denow Map Grid:

 

Remarks

Public:Brandon Farms exp2400 model w/premium location,front porch,rear deck,full fin bsmt w/Berber W/W,recessed lites,game&storage rms,2car gar,1st fl laundry w/rear yd access,2stry foyer w/wood tone fls,trim pkg,1/2BA w/pedestal sink,CT fl,LR w/French drs,wood tone fls,recessed lites,DR w/crown molding,toned walls,deco chandelier&KIT access,9'ceilings T/O 1st fl,EIK w/wood tone fls,center isle,w/breakfast bar,white cabs w/toned counters,Kitchen Aid DW,self-clean gas stove,built-in micro,walk-in pantry,dinette area w/walk-out bay window&French dr to rear yd/deck,exp FR w/recessed lites,W/W,windowed wall,framing wooded views,woodburning FPw/marble surround,mantle,accent lighting&built-in cabs/bookshelves,2nd fl w/MBR w/vol ceiling/fan,walkout castle bay window w/wooded views,double WICs,renovated MBA w/garden tub,shower stall,cherry vanity w/double sinks, deco backsplash,mirror,accent lites,CT fl&private toilet rm,3additional BRs w/closets,2w/CFs,upgraded W/W,main BA w/vanity,double sinks,mirror,tub/shower&CT fl.  Agent: 1 x non-refundable CTC fee to BFPOA of $110.63 Courtesy of Re/Max Premiere Properties

 

24  Lake Baldwin Dr, Pennington, NJ 08534

$579,900

MLS #: 5408507   MLS Area: 21106 Hopewell Twp County: Mercer Tax ID #: 06-00046-00009 19 Subdiv / Nei: Willow Creek School Dist: Hopewell Valley Reg - High: Central - Middle: Timberlane - Elem: Hopewell Beds, Baths: 4     2/1 Ownership: FeeSimple Type: Single/Detac Design: 2-Story Style: Colonial Basement: Y Age: 118    Int SF: 2,440/    A Unit Floor #:   Central Air: Y Internet: Y / Y Directions Titus Mill to R/L Willow Creek R Lake Baldwin to #24 on R Cross Street:Willow Creek Map Grid:

Remarks

Public:Willow Creek Farm house circa 1891 exp & renovated 01' w/2.78acres, shade trees & backing to a pond, 3car gar w/power & H2O, front porch w/foyer entry, wood fls T/O most of home, DR w/moldings, toned walls, deco window tx, EIK w/CT fl, recessed lites, maple cabs, double sinks, marble backsplash, stainless appliances, including a self-clean stove, side by side fridge & DW, built-in micro, dinette area w/vol ceiling, skylight & yd/deck access, 1st fl laundry w/CT fl, built-in cabs, ½ BA w/bead bd, crown moldings, pedestal sink, LR w/built-ins, toned walls & picture win, step down FR w/recessed lites, moldings, Berber W/W, deck access, French doors to den w/ceiling fan/lite, built-ins, bead bd walls, wooden blinds, 2nd fl w/pull down attic stairs, main BA w/CT fl, tub/shower, vanity & sink, MBR w/recessed lites, deco wall tones, crown molding, WIC w/organizers, balcony access, MBA w/cherry cabs, granite counters, Jacuzzi tub, shower stall & recessed lites, 3 additional BRs w/wood fls & closet storage.   Courtesy of Re/Max Premiere Properties

http://www.robbinsvillehomesforsale.com/009A4D

What makes now a good time to buy a home?

Affordability in the New Jersey market, combined with low interest rates and a remarkable $8,000 tax credit for first-time home buyers, make for a prime opportunity for financially sound buyers to purchase. 

How does the $8,000 tax credit work? It is open to buyers who have not owned a principal residence during the three-year period prior to the purchase are eligible. Unlike the credit that was available last year, this does not have to be repaid at all. Obtaining the credit is easy. You can claim it on your federal income tax return.

There is another great opportunity to consider too, related to the credit -- if you're buying in New Jersey, you have a chance to get some of that credit up front to help cover the down payment or closing costs. The New Jersey Housing and Mortgage Finance Agency (known as the HMFA) is offering up to a $5,000 "Prefund" advance on the tax credit for first-time purchasers who utilize HFMA financing.

How much longer is the tax credit available?

As of today (the 13th), there are only 48 days for first-time buyers to take advantage of the tax credit. In order to qualify, the transaction must close before 11:59 p.m. on November 30, 2009.

The real estate transaction is a complex process that typically takes a couple of months from beginning to end so we are right upon the time needed to close before expiration of the credit.

Why is it important to act with urgency now when the deadline is more than two months away?

When you consider all of the facets of the home buying process: shopping for and securing a mortgage, finding a REALTOR®, searching for a home, settling on a home, presenting an offer, obtaining a home inspection, shopping for homeowners insurance, and more - it is important to get started soon in order to close in time to qualify for the tax credit.

How can buyers take advantage of affordability?

With prices lower than they were a year ago, affordability has increased significantly. Consider this: 56 percent of households in New Jersey can afford to buy an entry level home, compared to 45 percent of households a year ago. Source: National Association of REALTORS®.

How do interest rates impact buyers in today's market?

Mortgage rates have been creeping up from the record-low levels encountered recently. Waiting to buy may cost you thousands of dollars. Locking in a rate now will secure low payments for years to come. A few tenths of a percentage might not seem like a lot, but over the course of a 30 year mortgage, that could lead to tens of thousands of dollars in savings.

Do you have any other advice for buyers?

It is vital to contact a REALTOR® to get a better understanding of what is truly happening in your local market. REALTORS® can help explain and demystify complex housing trends and can help you navigate what could be some pretty confusing roads to home ownership in the short time that's left to claim the tax credit.

Buying a home is a difficult task, and to do it in 65 days in time to claim the $8,000 tax credit is especially so. A REALTOR® knows the ins and outs of the process and can help expedite things so that you can close in time and claim your credit.

NJAR® launched its Get the Real Story® campaign, a public education campaign that encourages consumers to take a closer look at local market conditions, state or regional economic factors, and their own personal circumstances when making a decision about buying or selling property in today's market.

Are there any other resources out there for buyers?

If you are searching for a home in New Jersey, please start your search by clicking <here> for a free up to the minute inventory of all homes for sale regardless of listing agency.

If you need additional information please call us at (609) 448-2222 (home) as we would be happy to help you achieve your home ownership goals!

http://www.robbinsvillehomesforsale.com/009E50