Lambertville, NJ

Home for Sale By Owner in Lambertville City, NJ 08530 - Flat Fee MLS Listing $395

77 S Main St Lambertville City, NJ 08530 - Realtors welcome, buyer agent commission paid at MLS#2891596

3 Beds 2 Baths

Single Family Home' Range/Oven-Electric, Sump Pump, Eat-In Kitchen, Second Kitchen, Basement Level Rooms: Bath(s) Other, Family Room, Kitchen, First Level Rooms: 2 Bedrooms, Bath Main, Kitchen, Living Room, Second Level Rooms: 1 Bedroom

If you are interested in this Home for Sale By Owner in Lambertville City, NJ 08530- Flat Fee MLS Listing $395, please call 1-888-362-6543, enter the MLS#2891596 . You can make an appointment or ask any questions about the property. Realtors welcome, buyer commission is paid to any realtor. Please see additional listing details at Realtor.com featured by Realmart Realty.

If you have a Home for Sale in Lambertville City, NJ 08530 and would like save up to 6% commission, we can list your home on the local MLS and Realtor.com for a low flat fee of $395. For more information please read the FAQ on Home for Sale By Owner in Lambertville City, NJ 08530- Flat Fee MLS Listing. You will get the maximum exposure of the local MLS, in which thousands of local realtors will help you sell your home. You also reserve the right to sell your home by owner and pay no commission at all.

Please contact Realmart Realty for our texting special. All new orders will receive a free sign with Texting Service where buyers can get full listing details on their mobile phones instantly. Offers ends 05/30/2011, call now for more information about Homes for Sale By Owner in Lambertville City, NJ 08530- Flat Fee MLS Listing $395.

Are you buying a home in Lambertville City, NJ 08530 We will give you up to 2% of the purchase price of the property at closing if you choose to work with us. This is for all homes that are listed on the MLS. For more information, please read the Buying tips and FAQS.

Jack Yao - Realmart Realty info@realmartrealty.com, 732-727-2285

YES IT'S TRUE! The state of New Jersey allows REBATES for homebuyers. This is CASH in your pocket at the closing table. For more information on the rebate program, please read the New Jersey Law. This is not a government rebate. Please consult a tax professional about the rebate. In New Jersey commissions are negotiable.

Home for Sale By Owner in Lambertville City, NJ 08530 - Flat Fee MLS Listing $395

77 S Main St Lambertville City, NJ 08530 - Realtors welcome, buyer agent commission paid at MLS# 2891596

3 Beds 2 Baths

Single Family Home' Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Electric, Refrigerator, Eat-In Kitchen, Carpeting, Wood Floor, Basement Level Rooms: Laundry Room, Utility Room, First Level Rooms: Dining Room, Kitchen, Living Room, Second Level Rooms: 1 Bedroom, Bath Main, Bath(s) Other, Third Level Rooms: 2 Bedrooms, Second Bedroom is: 10x12, Third Bedroom is: 12x15

If you are interested in this Home for Sale By Owner in Lambertville City, NJ 08530- Flat Fee MLS Listing $395, please call 1-888-362-6543, enter the MLS# 2891596 . You can make an appointment or ask any questions about the property. Realtors welcome, buyer commission is paid to any realtor. Please see additional listing details at Realtor.com featured by Realmart Realty.

If you have a Home for Sale in Lambertville City, NJ 08530 and would like save up to 6% commission, we can list your home on the local MLS and Realtor.com for a low flat fee of $395. For more information please read the FAQ on Home for Sale By Owner in Lambertville City, NJ 08530- Flat Fee MLS Listing. You will get the maximum exposure of the local MLS, in which thousands of local realtors will help you sell your home. You also reserve the right to sell your home by owner and pay no commission at all.

Please contact Realmart Realty for our texting special. All new orders will receive a free sign with Texting Service where buyers can get full listing details on their mobile phones instantly. Offers ends 05/30/2011, call now for more information about Homes for Sale By Owner in Lambertville City, NJ 08530- Flat Fee MLS Listing $395.

Are you buying a home in Lambertville City, NJ 08530 We will give you up to 2% of the purchase price of the property at closing if you choose to work with us. This is for all homes that are listed on the MLS. For more information, please read the Buying tips and FAQS.

Jack Yao - Realmart Realty info@realmartrealty.com, 732-727-2285

YES IT'S TRUE! The state of New Jersey allows REBATES for homebuyers. This is CASH in your pocket at the closing table. For more information on the rebate program, please read the New Jersey Law. This is not a government rebate. Please consult a tax professional about the rebate. In New Jersey commissions are negotiable.

New Hope PA and Lambertville NJ Winter Festival

The 2010 Winter Festival has discovered a very special locally grown singer songwriter from Hopewell, NJ, who will headline this year's annual concert. Winter Festival and WXPN have partnered to offer XPN: Welcomes Danielia Cotton on Friday January 29th at the Stephen Buck Theater, New Hope, PA. Danielia Cotton's natural talent ‐‐ raw, searing vocal chops combined with a deep, buttery tone-highlight her rock, jazz, and blues roots. WXPN/Philadelphia, home to the nationally syndicated World Café, named her "Artist to Watch". Her soulful rock performance will be the perfect start to your 2010 Winter Festival weekend. Local favorite; JB Kline Band will be the opening act.

They have two new ticketed events this year: The Inn at Lambertville Station Presents: Taste of Winter Fest, Thursday night January 28th from 7pm to 9pm, this new event offers a warm and savory evening of gourmet food and fine wines. The Inn at Lambertville Station has secured many wines exclusively for this event. Their Winter Fest Reserve Wine List will be offered for this evening only as well as local favorite, Unionville Winery. River Horse Brewery and Triumph Brewery will also be offering their exclusive Winter Fest products as well. Savory dishes will be offered in a live table format from seven exquisite local restaurants. A live vocal performance by local Mary Szczesniak accompanied by Tom Bateman will complete this warm Thursday evening. This exclusive event is limited to 125 patrons. This year Winter Festival will kick off slightly earlier with The Greater New Hope Chamber of Commerce presents: Fire and Ice Ball. This modestly priced dress to impress event will be held on Saturday, January 23rd at the New Hope Arts Center. Local DJ Josh Eschen will spin crowd favorites; also includes light refreshments, cash bar, and a dance contest.

New Hope Parks & Recreation Presents: Come To The Cabaret! Saturday night, January 30th Lindsey Meredith Buffa from the Bucks County Playhouse in New Hope, PA, will perform standards as well as Broadway show tunes in one unforgettable show! Ms. Buffa has played several leading roles ranging from Evita to A Chorus Line. The Cabaret committee is pleased to offer this local classically trained vocalist during their fine dining dinner at The Nevermore.
For complete information and to buy tickets, visit http://www.winterfestival.net

About Twin River Town Projects;

Twin Rivertown Projects, Inc. is a 501c Non‐ Profit Corporation of hard‐working and fun loving New
Hope, PA and Lambertville, NJ business owners, residents and other good spirited people who live in the
area.

They have three goals:

• To provide a healthy, invigorating cold‐weather experience in our river town communities
• To demonstrate that our multi‐faceted communities are alive and well in the winter
  months with exciting and diverse activities
• To raise funds and awareness for other local non‐profit organizations

They have selected the New Hope, Lambertville, and Solebury Parks and Recreation Departments and local food bank: Fisherman's Mark, as the primary recipients of our proceeds this year. Winter Festival also benefits other community organizations such as Social Services, Schools, Fire, Police and Rescue organizations. This year, they are hosting a Food Drive for Fisherman's Mark. Bring a non perishable food item to the festival and place in blue donation canisters located at most festival events and along the parade route.

As a result of the American Recovery and Reinvestment Act of 2009, the FHA loan limits have been raised again, after they were lowered several months ago. I don't like putting this information out until it's truly official. I had a few realtors e-mail me because their lenders said that the new changes were going to take place on February 15th. I am not sure how anyone could say that when it wasn't signed into law until February 17th, 2009. And Mortgagee Letter 2009-07 didn't come out until February 24th. My whole point to this is that you should never believe someone that says something should take place on such and such date unless they can show it to you in writing from HUD. Not from the lender, unless it's a lender's guideline change.

Example, there were 2 different loan officers that said credit scores were going to change to 620 around February 12th across the board with every lender. I asked this person where they heard this, an owner of his own mortgage company. His answer... from 2 reps. The second loan officer said that a mandatory change was going to happen on February 27th, with all lenders, across the board. At 9:45 pm on the 27th, there are still a few investors that will allow me to go to 600 and I know two that will allow me to go to 530 and 500 credit scores. Again, you really need to be careful in who you listen to in today's market.This is just a mini rant because it has actually gotten worse with misinformation than it has gotten better.

Back to the FHA loan limits for 2009. Mortgagee Letter 2009-07 states that these new loan limits are effective for FHA loans that were credit approved in 2009 and will remain in effect until December 31, 2009. Another thing that irked me, because I saw a loan officer state that these new loan limits were good until November 2009. This was before the mortgagee letter even came out.

So, what are the limits? They can vary from county to county. The new ceiling limits are as follows :

1 Unit - $ 729,750

2 Unit - $ 934,200

3 Unit - $1,129,250

4 Unit - $1,403,400

Now, there are exceptions to the high cost areas and these are for such areas in Alaska, Guam, Hawaii, and the Virgin Islands. There are maximums limits that are adjusted up to 150 percent above the ceiling limits. The reason being is because of property size and to account for the higher costs of construction. But in some of these areas, because of the formula, it's been found that the limits have not reached it's full amount, but that they have surpassed the ceiling limits for 2009.

Here are the floor limits, which are the lowest limits allowed. If you look up your counties limits and your county is not listed, then you resort to the floor limit.

1 Unit - $271,050

2 Unit - $347,000

3 Unit - $419,400

4 Unit - $521,250

Here is the link to find your counties limits. It has aready been updated with the new aounts. -

FHA county loan limits for 2009

- FHA Loans - USDA Loans - VA Loans -

- Energy Efficient Mortgages -

- Conventional Loans - 203 k loans -

- Mortgages -

Experience & Knowledge at its BEST !!!

_________________________________________________________________________________________

For more information on FHA loans, please go to this link. The FHA Expert

For more information about the 2008-2009 Tax Credit for First Time Homebuyers : 2008 Tax Credit

For important mortgage insight to watch for, please read : Consumers need to be aware of these Red Flags !!!!

Copyright © 2009 by Jeff Belonger

Warning.. Warning…

FHA credit scores have changed for the most part. I just had a client tell me the other day that her loan officer, who she knows and trusts, is trying really hard to make the loan work. Okay, so what are your credit scores? "512/530/548"... rut row. And they are trying what? Trying hard? At this moment, there are only a few investors that will go below 580. But from what I know, it's really tough under 580. Most lenders are at 620 or above. There are a few at 600 and just a few that will go down to 580 credit scores for FHA loans.

So, borrower beware. If your loan officer isn't telling you the straight scoop or warning you now, if you are on the bubble, you might want to find a mortgage professional. The easiest excuse to deny you is, "well, credit scores, aka fico scores, just changed, sorry."

I have three major pet peeves !!!!!

• Good faith estimates (this link tells you what to look for and how to read a Good Faith Estimate)- If a loan officer qualifies you and you don't get a good faith estimate soon or within 24 hours, that should be a read flag. Once they give you a payment and closing costs, they already have it in the system. Which means that they can e-mail that to you at that exact moment. Please read how important this is. Good Faith Estimates - Did you get one?

• Closing time frame - It doesn't take 30 to 45 days to close a FHA loan. I just closed one in 5 business days, from start to finish. Do we like 30 days from start to finish to close a FHA loan? Yes, many of us do. But they can usually be done in 15 to 25 days. If a loan officer or a realtor tells you that FHA loans take way to long, then they either don't know what they are talking about or aren't experienced.

• Credit score changes - I have read several blogs stating that credit scores will change across the board on a certain date. This can only be done by HUD or Congress. Lenders/Investors change them when they want to, but not together. It just doesn't work this way. And HUD or congress hasn't announced any changes.

Summary : You really need to listed to the person that you are speaking to, listening for key words or phrases that could be red flags. I had a potential client the other day who spoke to another loan officer before myself, in which he was very close in going with him. I asked him what rate he was getting and he said that the loan officer was giving him 5.0%, but he'll try for 4.875%. Huh? Try, it's either there or not... it's literally 5/8 of a point worse to get 4.875% as of that day. On a $200,000 loan, just that extra 1/8 of a percent would cost you an extra $1,250. It sounds great when your loan officer says that they will try, you believe them. But this is the reality of it.....I told the client that he was told what he wanted to hear, because he doesn't know any better and that it sounded good.

When a loan officer doesn't take the time to explain things in detail or to educate you, I have a problem with that. When we educate you, you can become dangerous with accurate information. You know how to shop better. But why would you want to then shop someone that was upfront with you and explained everything in detail. Lastly, if the loan officer quotes you rates and fees, but never goes over the lock-in procedure at that time, those quotes and or good faith estimates don't really mean anything. Just think about that. Good luck..

Tomorrow's blog is going to be about FHA credit and the updated versions of what is happening and what isn't.

- FHA Loans - USDA Loans - VA Loans -

- Energy Efficient Mortgages -

- Conventional Loans - 203 k loans -

- Mortgages -

Experience & Knowledge at its BEST !!!

_________________________________________________________________________________________

For more information on FHA loans, please go to this link. The FHA Expert

For more information about the 2008-2009 Tax Credit for First Time Homebuyers : 2008 Tax Credit

For important mortgage insight to watch for, please read : Consumers need to be aware of these Red Flags !!!!

Copyright © 2009 by Jeff Belonger