Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts

Tuesday, August 21, 2007

Message from the EVP of NJAR - Megan's Law

Recently Joyce Andreoli was asked by members of the New Jersey Association of Realtors about our ability to notify buyers when we are notified of a convicted sex offender in the neighborhood.

Here is the printed answer in the New Jersey Realtor August 2007 edition.

"No, you may not inform a potential buyer that there is a convicted sex offender in the neighborhood. In accordance with N.J.S.A. 2C:7-6 through 11 (Megan's Law) and the guidelines promulgated, licensees shall make no inquiry about and provide no information on notification from a county prosecutor issued pursuant to that law.
In response to requests for such information, licensees shall inform the person making the inquiry that information about registered sex offenders is maintained by the county prosecutor. The NJAR contract of sale contains a section that notifies the buyer that New Jersey law establishes an Internet registry of sex offenders that may be accessed at www.njsp.org."

STOP a potential new TAX on your home equity

As I was reading my August 2007 edition of New Jersey Realtor magazine I was informed about four legislative bills (A3190, A3341, A3387 and S2080) that would allow municipalities to impose their own local realty transfer fees.

In my opinion this is horrible. Why should homeowners have to pay another realty transfer fee? If passed this legislation will erode more of your home equity and provide you less money for your next home or retirement fund or _________. You fill in the blank.

To learn more about these bills you can contact Jarrod C. Grasso, NJAR's VP of Government Affairs, at (732) 494-5616 or contact your local representatives in the New Jersey Assembly or Senate.

Friday, July 27, 2007

New home sales fell 6.6% in June

As reported by The Wall Street Journal:

"The Commerce Department also said new-home sales dropped for the fifth time in six months in June. Sales of single-family homes fell 6.6%, a larger-than-expected drop, while the national median home price ws down 2.2% to $237,900."

Naoji Moriuchi's editorial:
Remember real estate is local. Yes, real estate is slowing more in other parts of the country, but take solice in Moorestown's
flat to growing median home price and the number of real estate transactions occuring in Moorestown. Stats to follow...

To Blog or Not to Blog?

Over the past several months I’ve debated whether I should start a blog relating to the Moorestown area real estate market. Common questions I asked were:
(1) How can I maintain the confidence of my clients while sharing valuable information to other buyers and sellers?
(2) Do I appear less professional by creating a blog?
(3) How much time will it take to provide valuable content to you, the reader?
(4) What is the goal of this blog?
(5) How do I keep the needs of buyers and sellers at the forefront of this blog?

The list continued on and on, but at the end of the day I decided it was important to provide this innovative real estate marketing solution for both buyers and sellers.

In establishing this real estate blog for the Moorestown area I developed one simple rule.
--> You, the reader, will always receive valuable information that can be used to make important real estate decisions while maintaining the confidence of my clients.

I appreciate you taking the time to read my initial post. Through it I hope you learned a little more about me and how I came to the decision of starting my blog on Moorestown real estate. Thanks again and please hit the RSS button to receive new postings from http://MoorestownOpenHouse.blogspot.com.