Archive for May, 2010
No New Tax on Home Sales
Contrary to reports and newspaper articles circulating widely on the Internet, there is not a 4 percent sales tax or transfer tax on the sale of a home included in the recently signed health care reform bill.
This myth has been invalidated by the National Association of Realtors (NAR) and other experts who are knowledgeable about what is included in the heath care reform bill.
NAR is working to spread the word that there is no truth to this rumor. To read their statement, please click here.
Bedminster Real Estate – it’s crazy out there!
When I first decided to get into the business, the agent who sold me my home said, “don’t even tell me you want to be an agent because ‘you love to look at houses’, because that gets old real fast!” She was right, it does – but luckily that’s not why I decided to become a Realtor. I love the challenges the business presents – from winning the business to solving the problems, to strategically negotiating the best deals for both my seller and buyer clients. It is definitely fun to be involved in a really big part of someone’s world – buying and selling homes often goes hand in hand with many of life’s big changes: retirement, marriage, new babies – it’s all very exciting!
And it can be very Stressful!
Over the last few months, I have been part of several. very. stressful. transactions. If you are in the middle of a dicey sale or a stressful purchase remember that you are not alone. Really – all the agents, attorneys and home inspectors are talking about it – every deal has had some sort of hiccup along the way. If you are reading this and feeling lucky that your deal went smoothly, then hats off to you and your agent and all the other parties involved because the easy deals have been few and far between.
This isn’t a post to moan or complain about my job – I really do love it – I just want to remind you to keep your eye on the ball…at the end of the day you will be in your new home starting a new chapter in your life. Just remember the sellers don’t come with the house and you will be gone before the buyers move in!
Contact me if you have questions about the transaction process, I can help!
April Closings in Bedminster
72 Birchwood Rd, Birchwood/$248,800/$252,000
21 Knollcrest Rd, Knollcrest/$459,000/$430,000
234 Long Meadow Rd, Long Meadow/$369,900/$352,000
72 Dogwood Ln, Edgewood/$529,900/$517,500
403 Cardinal Ln, Long Meadow/$333,000/$315,000
49 Encampment Dr, Crestmont/$259,000/$220,500
53 Bentley Ct, Crestmont/$339,000/$331,750
9 Danbury Ct, Crestmont/$350,000/$335,000
705 Timberbrooke Dr, Timberbooke/$510,000/$512,000
72 Academy Ct, Crestmont/$299,900/$295,000
5 Pheasant Brook Ct, Wood Duck Pond/$325,000/$316,500
24 Stevens Court, Signal Point/$286,900/$280,000
40 High Pond Ln, Wood Duck Pond/$298,888/$295,000
7 Heatherwood Ln, Four Oaks/$400,000/$390,000
111 Autumn Ridge Road, Autumn Ridge $619,000/$575,000
Are you considering a move into or out of the area? Search for available Bedminster homes and mark your calendars for our next home buyer/seller seminar which will be held at the Weichert office in Basking Ridge on Saturday, May 22nd.