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Bergen County Real Estate News: March 2010 – Week 2

Bergen county news with an emphasis on aspects affecting real estate, residency and community issues.

March 2010 – week 2 Issue

Real Estate Deals in Bergen County
Home Buying Prospects in New Jersey
Teaneck Will Acquire Open Space in Town
Weather disappoints Bergenfield residents
Public Workers May Be Asked To Live Where They Work

 

Real Estate Deals in Bergen County

With real estate prices showing their regular fluctuations, buyers and sellers both are looking for advice on the best ways to close a real estate deal in Bergen County townsHome sellers seeking cues on improving sale prospects should note that a house’s condition concerns most home buyers. Home warranties can also facilitate a deal. Advertising a home through the right media also makes a difference. Bergen County homes for sale should be listed not only with an agent – much more can be done. Advertising in print and online media, listing a home with a multiple listing service and spreading word of mouth are all known to be fast and effective tools for advertising a home. To attract home buyers, a home should be priced properly. Bergen County realtors advise potential home buyers to check out various advertising media, both online and offline, for good deals. The knowledge of current home pricing trends and the art of negotiation are also important.

 

Home Buying Prospects in New Jersey

Prospective buyers setting out to buy their first homes in New Jersey can now benefit from a combined incentive and mortgage program. Offered in part by the New Jersey Housing and Mortgage Finance Agency, a host of incentives like interest free loans are available to home buyers in amounts up to $5000. This amount, also known as prefund, can also be accessed by a current homeowner buying his principal residence in a list of 42 towns. As a part of the economic stimulus plan, home buyers can improve their credit under a zero percent interest bridge loan. Over five hundred families have so far benefited from the prefund option, and officials hope to extend its use to others in the near future.

 

Teaneck Will Acquire Open Space in Town

In an effort to conserve nature, town officials have agreed to purchase an open tract Teaneck real estate. The parcel is directly north of Terhune Park, in between River Road and the Hackensack River. The beautiful stretch of land will be acquired for $600,000, of which $435,000 will come from the open space money of Bergen County. The land currently belongs to a Jehovah’s Witness congregation that once planned to construct a religious hall in the region, before it decided to sell. The process for Teaneck’s acquisition of the verdant stretch of land has been in the pipeline for quite some time, and was initiated after residents and town officials realized that acquiring it could help prevent construction along the riverfront. While the deal is nearly final, officials state that environmental soil testing at the site is yet to take place before the transaction is finally made.

 

Weather disappoints Bergenfield residents

Residents of Bergenfield who were looking forward to an exciting day of celebrations at their St. Patrick’s Day parade were disappointed when the parade had to be postponed due to stormy weather conditions. The weather caused officials to mobilize services into action to address damage caused by the storm. Consequently, officials would not be able to participate in the parade. The event has been postponed and will likely be conducted later in March. In deciding a new date for the parade, officials do not want Bergenfield’s to clash with the parade in Pearl River, NY. The date will be chosen based on weather conditions, availability of marchers and also availability of bands.

 

Public Workers May Be Asked To Live Where They Work

Currently there are various public workers residing in New Jersey who work in New York City and have to commute every day. The same happens in the reverse as well. A new bill proposed by Senator Donald Norcross would require New Jersey public workers to reside in the state. This would include all those who work in the state’s colleges, towns, boards and its various commissions. The purpose of the bill is to limit the amount of time employees spend commuting daily. Requiring New Jersey state employees to live in New Jersey may work economically, too. While the bill would appear to have some benefits, it has downsides too, and officials are aware that it will attract plenty of criticism. Some officials scoff at the notion of the bill, pointing out that, under state law, municipalities do not require that employees (firefighters, police personnel and teachers) to reside in the towns where they work.

 


Buy a Home in Bergen County

Bergen County offers the quality of life for you and your families have been dreaming of. Don’t miss out on this opportunity to set house in one of Bergen County’s towns, famous for their charming atmosphere and top quality schools. Let Anat Eisenberg help you find the house that is right for you. Take your first step with this FREE inclusive report, containing:

  • 14 Questions to ask a Realtor
  • 5 Powerful Buying Strategies
  • 9 Deadly Mistakes Home sellers Make
  • Additional Reports
  • How To Get Top Dollar In Any Market
  • Making the Move Easy on the Kids
  • Six Ways To Beat The Stress Of Buying A Home
  • Different Reasons to Own Your Own Home
  • Things You Should Know about Moving
  • When Selling a Home

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Find out more about Bergen County homes available for sale. Anat Eisenberg can help you find your dream real estate property. Anat is no ordinary real estate agent. In short, she is professional, honest and dedicated. Call: 201-341-4765 or email here.

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