Saturday, September 10, 2011
New Jersey Association of REALTORS® - Where Knowledge and ...
Residents and business owners in all counties can apply for assistance including temporary housing, home repairs, low cost loans to cover uninsured property losses and other programs to help recover in the aftermath of the hurricane. Realtors Residents and business owners wishing to apply for federal assistance can visit the disaster assistance website or call 1-800-621-FEMA (3362). The release contains information including what to do upon returning to your home following a disaster, such as the fact that if there was any property damage, property should not be disposed of until an insurance adjuster reviews any claim which was filed. The release also contains information on how claims should be reported and handled, information on repairs related to property damage and the National Flood Insurance Program. If you have any questions regarding your insurance policy or require any assistance regarding a claim which was filed, contact DOBI at 1-800-446-7467 or visit their website. Stay tuned to the IRS website for more information. Two bright spots that displayed increases from the second quarter of 2010 were Wayne, N. Grasso said, "Considering the volume of distressed properties on the market right now and those still in the judicial pipeline, New Jersey's prices have remained stronger than expected. Prices should strengthen even further upon clearing of this surplus. The Garden State's drop in existing home sales was significantly higher than the national average, but it is important to consider in the year-over-year analysis that last year during this period, potential buyers were timing their purchases to obtain the federal home buyer tax credit. Home Sales report for the 2nd quarter, which lists affordability in the Garden State and sales/prices by County. The survey also found that 90 percent of Realtors® are certain or somewhat certain that they will remain active as Real Estate professionals during the next two years. To get more information on NJ REALTORS® read the press release or visit the Research & Statistics page.
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