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Paula Clark
Sales Associate,Premier Elite

November 2009
Real
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Vital Information For
First-Time Buyers


  The first-time homebuyer Federal tax credit for $8000, record-low interest rates, and nationwide median home prices dropping to the lowest point in five years, makes this an enticing time to consider buying a home. By the way, that tax incentive isn't truly just for first-time buyers -- it's defined as those not having owned a home in the last three years. Research and knowing your options are critical. Check with your tax accountant for more details. It’s increasingly likely that Congress will extend and expand the popular home buyer tax credit, which will expire at the end of this month.


Mortgage Rates
U.S. averages as of October 29, 2009:

30 yr. fixed:   5.03%
15 yr. fixed:   4.46%
1 yr. adj:        4.57%




View current rates





      According to an article in August in the Raleigh News & Observer, 10.8 percent of buyers are motivated to buy due to Federal and state tax incentives. So far only 1.14 million buyers have filed



What's my home worth?

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Relieving the Stress of Packing

     Packing can be stressful time for every member of the family. To ensure that your move goes as smoothly as possible, try the following tips!
      Pack a "Red Box"
      Since one in five American families moves every year, that means 22 million families may be searching for their TV remote controls!
      One of the pitfalls of packing for a move is you can't always anticipate what you'll need when you arrive at your new home, and movers typically list only the obvious such as dishes, glasses, bedding, etc. The miscellaneous items you need in the first few hours invariably wind up on the bottom of a random box.
      To start, you may want to create your own "red box" as some moving companies ("Removers") do in Great Britain. This is the last box loaded and the first one off the truck. The one universal item in the red box is the tea kettle (perhaps this would be the coffee maker in the U.S.). This is also the place




Making Your Home Age Appropriate Creates Appeal

     All of us have something in common with our homes. Sure, style, design, and location are at the top of the list, but how about age? As we age, buyers, especially the baby boomer generation, are looking to transform their homes into a place that they can stay in for as long as possible or they're hoping to find one that's already equipped for them to age-in-place.
      So how old your home and you are, are reason to give some thought to if your home needs age-appropriate adaptation in order for you to be most comfortable. And, in doing so, you may actually make your home more valuable to a wider audience of buyers, should you ever sell it.
      According to the National Homebuilders Association, making a home suitable for the golden years is economicaly sound. The baby boomer generation (77 million people) makes up 28 percent of the U.S. population. Assisted living for this generation can cost more than $60-thousand per year, not counting moving expenses.
      That's pretty pricey. So, if you've taken some steps to make your home an age-in-place sanctuary, then make sure you highlight those renovations if you ever



Call, or e mail Paula Clark for any or all of your Real Estate questions (201) 930-3070

Paula@PaulaClarkRealtor.com




HOME AND MARKET UPDATE!
     
MONTVALE!
UNDER CONTRACT IN JUST 5 DAYS!
2 Blue Sky Lane
Just under one acre on West Hill. Contemporary home with open floor plan.. needs work,
$549,000 Call for details!
River Vale
Updated home in Northern River Vale!
537 Forest Drive
Asking: $607,777
Under Contract
Move right in! Imaculate, Updated, and painted Rosen Split! If you are looking for great space then you should see this house. Bright and Sunny! Newer windows, and some oversized that allows all of the light into the home. Open and Spacious layout with gleaming hardwood floors throughout. French doors that defines and separates the space. Kitchen , opens up to look into the dining area. Great for entertaining. Each bathroom has been updated with custom wood built ins, and custom tile with new fixtures. One full bath has vaulted ceiling with skylight. Newer roof, 2 separate newer air-conditioning systems, and newer furnace with the Energy Efficient Seal. Large deck off the kitchen overlooking large open property. Forest drive is a quiet tree lined street. Walking distance to 2 major golf courses, and the Old Tappan reservoir. Woodside Elementary School,and Pascack Valley High School. River Vale is voted one of the best towns to live in NJ by Money Magazine.

Find out about our office exclusives "Yes, I have a home for everyone" Call Today for more information! CALL TO FIND OUT WHERE OUR OPEN HOUSES ARE THIS SUNDAY.....
Call Today!
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Real Estate Update




Daily News and Advice

Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.



More Articles


October Round Up: Rates Stay Flat

Real Estate Investment Buying Tips

Remodelers Help Homeowners Lower Heating Costs with Weatherization Programs

Extending Homebuyer Tax Credit Best Tool for Sustaining Housing Recovery



Paula Clark
Sales Associate,Premier Elite, NJAR Circle of Excellence Gold Level 2004,2005,2006,2007& 2008,Coldwell Bankers' International Presidents Club

E-mail: Paula@PaulaClarkRealtor.com
Web: http://www.PaulaClarkRealtor.com
(201) 930-3070 Direct
(201) 930-8820 Ext: 130 Office
(201) 280-0056 Cell

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#2 Agent in The Coldwell Banker Hillsdale Office, and working hard at becoming #1
The Northern and Pascack Valley


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