If you're interested in taking advantage of the $8000 FIRST TIME HOME BUYER TAX CREDIT*, you should hurry. The new Mortgage Disclosure Improvement Act (MDIA), which started July 30th, is making it difficult to settle on a home quickly from the time of your offer. You should leave 40+ days from the time you make an offer, until your proposed settlement date, 45 to be extra safe. Since the deadline to settle and get your EIGHT THOUSAND BUCKS is November 30th, you should pick out a house & make an offer by MID OCTOBER, AT THE LATEST. It is especially important not to wait, because MORTGAGE COMPANIES AND TITLE COMPANIES MAY BE OVERWHELMED AT THE END OF NOVEMBER. If you can settle by Mid November, that would be even better, to avoid unforeseen problems. It is possible that this $8000 Tax Credit Program will be extended, or a new program rolled out, but WHY RISK IT?
DON'T MISS OUT!!!!!!! Let me find you a house now.
* Despite popular belief, the $8000 First Time Home Buyer Tax Credit is as good as it sounds...Its a credit on your tax return (NOT A TAX DEDUCTION). For example, if you would have otherwise owed $2000 on your tax return, you'd get $6000 instead, or if you were to get a $2000 tax return otherwise, you would get $10,000 after your tax credit is applied to your tax return.
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Jordan Mariano, ABR, REALTOR
Weichert Realtors
215.896.0104 (Cell/Preferred/24 Hours)
215.643.7776
jmariano@weichert.com
www.JordanMariano.com
Click the link below to see home loan delinquency rates by zip code in the Philadelphia Region:
Link: Philadelphia Area Home Loan Delinquency Rates
Jordan Mariano, ABR, Realtor
Weichert Realtors - PA
Cell: 215.896.0104
Office: 215.643.7776 x182
jmariano@weichert.com
Periodically I like to check in to see what the membership count is for the National Association of Realtors. Here is the latest information, from the source - www.realtor.org :
NAR Membership:
10/31/08 - 1,242,032
12/31/08 - 1,338,001
10/31/07 - 1,363,758
NAR Membership High - Oct 2006 - 1,370,758
As of Oct 31, 2008, NAR Membership is down 9.4% from its high (Oct 2006).
NAR MEMBERSHIP (PA MEMBERS ONLY):
10/31/08 - 32,748
12/31/07 - 34,256
10/31/07 - 34,465
PA's NAR membership count is down about 4.4% from 12/31/08 to 10/31/08
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Jordan Mariano, ABR, REALTOR
Weichert Realtors
215.896.0104 (Direct)
215.643.7776
I got my September issue of Philadelphia Magazine in the mail today, and I thought you would find this interesting. It is their ranking of the top fifty public school districts in an 8 county area. The ranking is for Bucks County, Burlington County, Camden County, Chester County, Delaware County, Gloucester County, Montgomery County, and Philadelphia County I noticed that the new rankings looked different than in the past, so I had to go online & get some more info. They're using different data than in the past. Take a close look at these 3 links. ((( I'm curious to hear what you think. )))
http://www.phillymag.com/articles/the_top_50_school_districts_2008/
http://www.phillymag.com/files/images/Full_ranking.pdf
http://www.phillymag.com/articles/class_acts/?=sidebar
Jordan Mariano, ABR, REALTOR
--
- Mortgage Rates
- Mortgage Calculator
- Home Searches
- Foreclosures
- Bank Owned Properties
- Buyer & Seller Tips
- Real Estate News
- Auto Email Alerts
- Much More
Jordan Mariano, ABR, REALTOR
Weichert Realtors
Direct: 215.896.0104
215.643.7776 ext. 182
Fax: 215.565.2688
www.JordanMariano.com
jmariano@weichert.com
Lansdale, PA Real Estate
Lansdale is a great place to live, work & play. ( http://www.lansdale.org/, http://www.jordanmariano.com/) The location is convenient with access to train, bus, shops, restaurants, close proximity to many major highways, national, state, township & borough parks, and more. REAL ESTATE IN LANSDALE IS REASONABLE TOO......According to 2007 Trend MLS Statistics, the average residential SOLD price in Lansdale, PA was $221,284....WOW!!!!! Please send me any requests for information about Lansdale, PA and the surrounding areas. I'm always happy to work with Buyers & Sellers in Montgomery, Bucks, Delaware, Chester & Philadelphia Counties. ((( Lansdale is situated in desirable Montgomery County, and is approximately 15 miles Northwest of Philadelphia )))
Jordan Mariano, ABR, REALTOR, Weichert Realtors
215.896.0104
215.643.7776 x182
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