Lawrence T. Mraz - Blog - Lawrence T. Mraz

Recent Blog Posts by Lawrence T. Mraz
Possible New Jersey State Homebuyer Tax Credit Needs Swift Approval On May 13, 2010, the NJ Assembly Appropriations Committee and the NJ Senate Budget and Appropriations Committee approved A-1678/S-692 with amendments. This legislation would create a home buyer tax credit program in New Jersey during the remainder of 2010. Note that the bill still needs approval by the full NJ Assembly and NJ Senate, and then Governor Christie would need to sign ... Posted by Lawrence T. Mraz @ 3:41 PM on 05/17/2010		More
There is still plenty of life in the real estate market after the end of Federal Tax Credits! The expiration of the 2010 Home Buyer Tax Credits on April 30 is unlikely to put off Americans looking to purchase homes who believe now is a good time to buy and are confident that home prices will rise according to a survey released by Prudential Real Estate and Relocation Services, Inc., a Prudential Financial, Inc. company. The survey of 1,000 Americans between the ages of 25-64 with at least $35,000 ... Posted by Lawrence T. Mraz @ 11:01 PM on 04/30/2010		More
Homebuyer Tax Credit - Time is running out! There has been a lot of talk about the First-Time Homebuyer Tax Credit and that it ends at midnight 04/30/2010, the date by which a binding contract must be signed. Also that title on the property must closed before 07/01/2010. There also is a tax credit available for a home buyer who is a qualified "long-time resident of the same main home". That tax credit ... Posted by Lawrence T. Mraz @ 5:22 PM on 04/19/2010		More
New Jersey Open House Weekend April 10-11, 2010 Thinking of buying a home? Real Estate agents in New Jersey are taking part in a statewide Open House event this weekend, Saturday and Sunday, April 10th and 11th. The event will highlight the great many affordable homes that are still available at very attractive prices and that can be financed at record low interest rates! And there is still time for qualified buyers ... Posted by Lawrence T. Mraz @ 12:33 PM on 04/06/2010		More
Statewide Open House weekend April10-11 Thinking of buying a home? A great many real estate agents in New Jersey are taking part in a statewide Open House weekend on Saturday and Sunday April 10th and 11th. The event will highlight the great many affordable homes that are still available at very attractive prices and that can be financed at record low interest rates! And there is still time for qualified ... Posted by Lawrence T. Mraz @ 11:10 AM on 03/29/2010		More
Free HomebuyerTax Credit Seminar - Metuchen, NJ Prudential New Jersey Properties will be hosting a FREE evening seminar at our Metuchen New Jersey location on Wednesday, March 3, 2010 at 7:30 pm. Find out whether you qualify for the latest tax credits for both First-Time Buyers andExisting Homeowners. Learn how the Tax Credit works, how to file to get it and more! Attendance is limited, so sign up today for the ... Posted by Lawrence T. Mraz @ 12:19 PM on 02/12/2010		More
Spring is arriving early this year!! I know it sounds crazy with the cold weather and biting winds we are having lately, but believe me when I say that Spring has arrived! That is the Spring Market in Real Estate I am talking about. Sellers and buyers are already taking steps to take advantage of the extended and expanded Home Buyer Tax Credits that went into effect late last year. Now, not only First ... Posted by Lawrence T. Mraz @ 5:33 PM on 01/04/2010		More
Are you ready to buy or sell a home in 2010? Whether you are planning to buy a home or sell one, this is a great time to get ready. Traditionally around Thanksgiving through early March starts the "slow time" of the year for Real Estate Professionals. This year looks to be VERY different as buyers want to start looking at homes again, so they can get "under contract" before the end of April, 2010 and close title before ... Posted by Lawrence T. Mraz @ 1:50 PM on 12/13/2009		More
It is still a great time to buy a home!! The clock has been reset and is ticking again. I am talking about the time to qualify for the new home buyers $8,000 tax credit, or the new tax credit of $6,500 for buyers of homes who are not first time buyers but have lived in their present home for at least 5 of the last 8 years. Add to that home mortgage interest at record low rates and a great selection ... Posted by Lawrence T. Mraz @ 5:15 PM on 11/17/2009		More
Please support extending and expanding the Home BuyerTax Credit The U.S. Senate will be voting soon on a bill that would extend the Home Buyer Tax credit into the middle of 2010, and also broaden several eligibility requirements regarding income and prior home ownership. This bill makes good sense for the economy and for home buying in general. A person still must be a qualified borrower in order to get a loan. However ... Posted by Lawrence T. Mraz @ 10:44 AM on 11/03/2009		More
The Fall buying season is approaching - are you ready? Yes, tomorrow is the first day of September, children are getting ready to start school, and the days are getting shorter! Traditionally, right after Labor Day starts the second busiest time of year for Real Estate Professionals. Buyers want to start looking at homes again, so they can get "under contract" before the end of October, and close title before the start of the New Year. ... Posted by Lawrence T. Mraz @ 5:10 PM on 08/31/2009		More
Homebuying Seminar at PNJP September 15,2009 You and your family and friends are invited to a FREE seminar on buying a home in today's exciting real estate market. The seminar will be Tuesday evening, September 15, 2009 at 7:30pm at the Prudential New Jersey Properties, Middlesex County Regional Office, located at 3 Amboy Avenue, Metuchen, NJ 08840. The cost is FREE, but reservations are requested so that adequate space and materials ... Posted by Lawrence T. Mraz @ 12:16 PM on 08/20/2009		More
Just one more reason to buy a home now! Here is a cute video on one more reason to buy a home. If you are thinking of buying, give me a call for more information and advice. Larry Mraz Prudential NJ Properties, 732-715-5849 (cell) Posted by Lawrence T. Mraz @ 11:00 AM on 08/05/2009		More
There is still time to buy and get a tax credit! What are you waiting for? If you are thinking of buying a home, and have not owned one in the past 3 years, you probably qualify as a first time home buyer and may be eligible for a tax credit of up to $8,000. But you must close title by November 30, 2009 to be eligible. So why wait? It takes time to select a home, and a good 60 days to close title. ... Posted by Lawrence T. Mraz @ 5:15 PM on 08/02/2009		More
Buying at the "Right Time" We always want to buy things at the "Right Time". Whether a car, a new dress, or an airline ticket, we all love a bargain. But what does that mean to you when looking to buy a home? When is the right time? The answer is really quite simple. The right time to buy is when YOU are ready, willing and able to buy. It is NOT when the price is the absolute lowest (the only time ... Posted by Lawrence T. Mraz @ 5:46 PM on 06/26/2009		More
Three good reasons to buy a home The New Jersey Association of Realtors has put together a few short and to the point videos showing some "situations" that may motivate buyers to make a move in the real estate market NOW1 Check them out - I think you will get a kick out of them. http://www.youtube.com/watch?v=50jDlRcjqGI&feature=channel_page http://www.youtube.com/watch?v=xPivhqYwMcA&feature=channel_page http://www.youtube.com/watch?v=Fs0mbeHG52o&feature=channel_page Lawrence ... Posted by Lawrence T. Mraz @ 9:42 PM on 06/19/2009		More
Get your new home while supplies last! How often have we heard the term - "Get such and such while supplies last" or "Quantities are limited...buy now while supplies last"? Well the same may be said about the current housing inventory situation in our area. The record number of homes available for purchase will not last forever. As a matter of fact, the number of months supply of homes has ... Posted by Lawrence T. Mraz @ 7:35 PM on 06/09/2009		More
Thinking of buying a home? Mark your calendar! Plan to visit us here at the Middlesex County Regional office of Prudential New Jersey Properties, 3 Amboy Ave., Metuchen, NJ 08840. Call me for details and to reserve a seat for you! June is "First-Time Homebuyers Month" at Prudential New Jersey Properties and we're celebrating with a Companywide Seminar on Tuesday, June 23rd at 7:30pm. Designed to provide the information ... Posted by Lawrence T. Mraz @ 7:20 PM on 06/09/2009		More
Good news about the $8,000 new homebuyer tax credit If you are a qualified "first time home buyer", purchasing a home in 2009, and close by November 30,2009, you may qualify for up to an $8,000 tax credit. Better yet, you may not have to wait to file your 2009 tax return in 2010 to get the credit money. If you have not yet filed your 2008 return, but requested an extension until October 15, 2009 to do so, you may be ... Posted by Lawrence T. Mraz @ 4:11 PM on 05/27/2009		More
There is still time to buy!! The Spring buying season is in full bloom! There is still time to buy a home and enjoy the great interest rates and large selection of properties available for sale. And very importantly, First Time Home Buyer incentives are still available, provided you CLOSE TITLE before 12/01/09. So don't delay and lose out on an opportunity that may never come around again. Call ... Posted by Lawrence T. Mraz @ 3:14 PM on 05/14/2009		More
Lets get the Real Story about the New Jersey Real Estate Market Have you had it with all the negative media emphasis about the economy, housing, consumer confidence and such? There is a very well known cliche about news media that states: "If it bleeds...it reads!". The problem develops, however, that the perception about a situation can soon become the reality. For example, if enough people hear that consumer confidence is low, consumers ... Posted by Lawrence T. Mraz @ 4:03 PM on 04/16/2009		More
How is the real estate market? Many folks have been asking me the question "how is the housing market?" The best and most accurate answer to "how is the real estate market" is "that depends - are you buying or selling...renting or investing?" One's perspective is key. If one were buying a first home right now, or selling and looking at an upgrade to buy a bigger home, they would be in a great ... Posted by Lawrence T. Mraz @ 3:43 PM on 03/27/2009		More
Economic Stimulus Package a Big Help to Home Buyers Anyone who has been thinking of buying a home, but were unsure if the timing was right, should no longer have any doubts. Now is the time to buy! Not only are prices more afforadable, interest rates low and supply abundant, but now the new Stimulus Package puts more dollars in buyers' pockets. The new Economic Stimulus Package that was signed into law gives HUGE ... Posted by Lawrence T. Mraz @ 3:41 PM on 03/27/2009		More
Hey Mom and Dad... ARE WE THERE YET? Remember the question we asked our parents when going on a trip or a long drive - are we there yet? That's the same question that my kids asked me when they were growing up. Well, I get somewhat the same question now from real estate clients, both sellers and buyers, regarding the real estate market - are we there yet? Have we reached bottom? For buyers, the question ... Posted by Lawrence T. Mraz @ 3:38 PM on 03/27/2009		More
Is this the "Perfect Storm" of Real Estate? Can you believe it? Mortgage interest rates this week fell back below 5% again. This rate drop, along with lower home prices, a great selection of available homes, and a variety of incentive packages being offered by local, state and federal agencies make this a "Perfect Storm" for home buying. If you are thinking about buying or selling a home, or have any questions ... Posted by Lawrence T. Mraz @ 3:36 PM on 03/27/2009		More

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