Alternative #1: Special Forbearance.  Your lender might be able to arrange a repayment plan based on your financial situation and may even provide for a temporary reduction or suspension of your payments. You may qualify for this if you have recently experienced a reduction in income or an increase in living expenses. The lender will expect you to furnish information to your lender to show that you would be able to meet the requirements of the new payment plan. Alternative #2: Mortgage Modification. You may be able to refinance the debt and/or extend the term of your mortgage loan. This may help you catch up by reducing the monthly payments to a more affordable level. You may qualify if you have recovered from a financial problem and can afford the new payment amount.  Again call your l... 03/05/2009

I was watching the news this morning and I saw an interesting story.  The story reported that a laptop is lost or stolen every 12 seconds according to statistics from the FBI.   Once a laptop is gone, FBI statistics state there is only a 3% chance of recovery.  If you are like me, you depend on the information on your laptop.  Of course we all know that we should back up important documents which are housed on our laptops....but how many people really do??  That's a story for another day.  But what if your laptop is lost or stolen?  Entrepreneur Carrie Hafeman has created a program that may help.  The program is called The Retriever.   Once the program is activated, the laptop provides information  that identifies its owner and contact information even before the operating system is loa... 03/04/2009

President Obama has signed the "American Recovery and Reinvestment Act of 2009" (i.e. the Economic Stimulus Bill).  This bill provides an $8,000 tax credit for first time home buyers.  A first time homebuyer is someone who has not owned a home in the last three years.  So that means a divorced person that used to own a home, but has been living in an apartment for the last three years, now qualifies for this tax credit. This credit applies only to the purchase of your principal residence purchased anytime between January 1, 2009 and December 31, 2009.    A tax credit is a dollar for dollar reduction in the amount of tax you owe.  If any credit amount remains unused, then the unused amount will be  returned when you file your 2009 income tax return.  The income requirements are maximum $... 02/17/2009

  Evesham Township, Marlton NJ January 2009 Homes Sales, Prices & Analysis Just about every other day, someone  will ask me...are homes selling in Evesham Towhsip, ?  I have them to tell them...absolutely yes.  Is there a healthy supply of homes for sale?  Yes again.  Is now a great time for me to buy a home?  That always depends on YOUR situation.  There is no standard one size fits all answer. How about selling? Is now a great time to sell a house?  Depends. The table below shows that in January 2009, Twenty Five (25) homes were sold in Evesham/Marlton.  Fifteen (15) were single family detached and the remaining ten (10) were town homes or condos.  Overall the single family market is stronger than the townhouse market. 9.4% of the single family homes available for sale sold in January... 02/12/2009

I am working with a client that wants to purchase a 3 or 4 bedroom, 2 story colonial, split level or bi level in decent condition in Evesham or Cinnaminson!!   If you plan to sell, my clients would like to settle by January 30, 2009, so please call Janet Larsen, Remax Connection immediately!  I am scheduling showings for this weekend.  Email Janet at njrealtorjan@comcast.net or call 856-415-1210, ext 321.  DON"T WAIT! Other available areas are Delran, Marlton, Cinnaminson, Medford Lakes & Tabernacle.  Price range between $240-275,000.  These buyers have strong credit scores and are Preapproved and ready to go as soon as we find the perfect home!   01/06/2009

I am seeing this MISTAKE play out all too often in todays' real estate market.  Any agent that list a home that is way off of what the market is telling you is just "buying your listing" and you most likely will be helping sell other homes in your neighborhood. You will! The day you list your house for sale and we price it at current market conditions, is the time and better chance you have selling it especially when we see so many homes flooding the market. Stand out and compete with your neighborhood....become the sore thumb everyone sees!!! Then watch the offers come in and that's when my job gets going. You hire a realtor to represent you during the process and to complete a major transaction of your life. Choose WISELY sellers...choose wisely. Don't hire the FLUFF!! REMEMBER: You a... 12/07/2008

1.   How many homes have you sold in the last 180 days, not your company or your office, but you personally? How many listings do you carry and how many are Under Contract? (Hint: If they have not sold at least 12 homes in the last 180 days, their production may not be at the level that would provide a superior advantage to you. You want aggressiveness not BS!) 2.   How long have you been an active, working agent? Not just licensed or in the real estate business, but how long have you actually been selling in our market?  ( Hint: If they have not been in our market for 7 years or more, they missed some of the cyclical ups and downs that have defined values.  Not to mention the sheer transaction experience needed to benefit you.) 3.   Are you willing to offer a GUARANTEE that allows me t... 10/30/2008

FREE In today's economy, everyone is looking for a bargain.  There is no better price than FREE!! If you are in the market to purchase or sell a home in Southern New Jersey, I have prepared a free special report titled The 10 Dumbest Mistakes Smart People Make When Buying or Selling a Home.  For a free copy of this free informative report, just email leander@kwcom.  Have a great day 10/28/2008

Here’s the Marlton Real Estate market update for September 2008.  Pended units for September were flat and Sold units were down 1 compared to September 2007; listed units were down by 15 units versus 2007.  This has led to a current inventory of 421 units.  Marlton has been averaging 43 units sold per month which means there is currently 9 months worth of inventory in Marlton.  This outperforms the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 63 (a 6% decrease), pended units are down 82 (a 17% decrease) and sold units are down 119 (a 28% decrease).  See how this compares to the Burlington County Market. Over the last 3 years the average number of units pended and sold in September was approximately 59 & 55 respectively.  Th... 10/27/2008

EVESHAM - The township has signed on to a state-run homebuyer incentive program to encourage those who work in the township to buy homes here.  The Live Where You Work program, run by New Jersey's Housing and Mortgage Finance Agency, offers first-time homebuyers low-interest, 30- or 40-year, fixed-rate mortgages to help them establish themselves in the municipality where they work. It also offers down payment or closing cost assistance worth up to 5 percent of the mortgage amount. The downpayment-closing assistance doesn't have to be repaid as long as the buyer stays in the home for seven years. If the home is sold within that time, the loan will be prorated and the buyer will have to pay back the remaining amount due.  Council agreed to join the program during a meeting Tuesday afterno... 10/21/2008

January-October 14, 2008 Statistics for Evesham Township, NJ (Marlton)  These numbers reflect homes within $300,000-1million statistic range! Total number of homes listed:                   517 Total number of homes under contract:       156 Total number of homes sold:                     135 Average Listing Price:                   $431,866.00 Average Sold Price:                      $379,599.00 Average Days on Market:                           68 Days If you need an Realtor/Associate that can provide details about your town's Real Estate Statistics or need more information about selling your home, contact Janet Larsen with Remax Connection.  Janet conveniently operates out of Mantua or Marlton offices.  Janet can be reached directly to answer your real estate questions at 856-261-6910... 10/14/2008

Do you need advice on selling a home in Evesham Township (Marlton) or the surrounding area?  Janet Larsen has the proven experience and track record in your area.  Call for a free market analysis today at 856-261-6910.  Janet is a NJ Association of Realtors Circle of Excellence Award winner for 5 consecutive years.  She has sold over 30 million is residential real estate and is full time!  Marketing, advertising and negotiation skills are a proven with Janet Larsen.  You will be making the right choice! 10/12/2008

With mortgage rates taking a tumble over the last few days, loan officers with customers who have an FHA insured mortgage have been calling frantically to get them locked in at a lower rate.  What is an FHA streamline? FHA Streamline refinance is a program designed to give borrowers who already have an FHA insured mortgage the ability to refinance to a lower rate without the expense and hassle of a traditional refi.  Typically that means no appraisal, no credit check (other then a mortgage reference to make sure they have been on time and you can be late up to 2 times in the last 30 days depending on the lender),  no employment information and little or no fees.  You need to remember that FHA is an insurance policy and not a lender.  When you put that into perspective you realize that i... 10/04/2008

Low-interest loans and down payment assistance are now being offered to would-be homeowners in Evesham township as part of a mortgage incentive program to encourage people to live closer to their work. The Live Where You Work program, administered by the state Housing and Mortgage Finance Agency, is a new work force initiative that's designed to assist first-time home buyers looking to establish themselves in a community where they work. Under the program, home buyers who work in designated towns can receive a low-interest, 30- or 40-year, fixed-rate mortgage from the New Jersey Housing and Mortgage Finance Agency (HMFA). The program also offers assistance with down payments or closing costs in an amount equal to 5 percent of the mortgage loan. Properties that are eligible include sing... 10/01/2008

Here’s the Marlton Real Estate market update for August 2008.  Pended units for August were up 2 and Sold units were down 18 compared to August 2007; listed units were down by 17 units versus 2007.  This has led to a current inventory of 441 units.  Marlton has been averaging 47 units sold per month which means there is currently 9 months worth of inventory in Marlton.  This outperforms the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 49 (a 4.8% decrease), pended units are down 89 (a 21% decrease) and sold units are down 119 (a 30.4% decrease).  See how this compares to the Burlington County Market. Over the last 3 years the average number of units pended and sold in August was approximately 66 & 82 respectively.  This Augu... 09/25/2008

  Here’s the Marlton Real Estate market update for July 2008.  Pended units for July were down 15 and Sold units were down 12 compared to July 2007; listed units were down by 34 units versus 2007.  This has led to a current inventory of 458 units.  Marlton has been averaging 44 units sold per month which means there is currently 10 months worth of inventory in Marlton.  This outperforms the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 33 (a 3.5% decrease), pended units are down 91 (a 24.2% decrease) and sold units are down 103 (a 30.7% decrease).  See how this compares to the Burlington County Market. Over the last 3 years the average number of units pended and sold in July was approximately 60 & 81 respectively.  This July... 08/16/2008

  Here’s the Marlton Real Estate market update for June 2008.  Pended units for June were down 12 and Sold units were down 28 compared to June 2007; listed units were down by 15 units versus 2007.  This has led to a current inventory of 469 units.  Marlton has been averaging 45 units sold per month which means there is currently 10 months worth of inventory in Marlton.  This outperforms the overall Burlington County market, which has 11 months worth of inventory. Year to date listed units are down 2 (a 0.2% decrease), pended units are down 78 (a 23.6% decrease) and sold units are down 90 (a 32.5% decrease).  See how this compares to the Burlington County Market. Over the last 3 years the average number of units pended and sold in June was approximately 84 & 112 respectively.  This June,... 07/15/2008

  Here’s the Marlton Real Estate market update for May 2008.  Pended units for May were down 17 and Sold units were down 15 compared to May 2007; listed units were down by 24 units versus 2007.  This has led to a current inventory of 460 units.  Marlton has been averaging 51 units sold per month which means there is currently 9 months worth of inventory in Marlton.  This outperforms the overall Burlington County market, which has 11 months worth of inventory. Year to date listed units are up 12 (a 1.8% increase), pended units are down 64 (a 23.1% decrease) and sold units are down 61 (a 29.2% decrease).  See how this compares to the Burlington County Market. Over the last 3 years the average number of units pended and sold in May was approximately 90 & 73 respectively.  This May, there w... 06/21/2008

  Here’s the Marlton Real Estate market update for April 2008.  Pended units for the April were down 12 and Sold units were down 5 compared 2007; listed units were down by 6 units versus 2007.  This has led to a current inventory of 465 units.  Marlton has been averaging 49 units sold per month which means there is currently 9 months worth of inventory in Marlton.  This outperforms the overall Burlington County market, which has 10 months worth of inventory. Year to date listed units are up 34 (a 6.1% increase), pended units are down 50 (a 23.7% decrease) and sold units are down 46 (a 29.9% decrease).  See how this compares to the Burlington County Market. Over the last 3 years the average number of units pended and sold in April was approximately 85 & 70 respectively.  This April, ther... 05/13/2008

The Evesham Township decision makers, who are also residents, try to avoid the use of pesticides, but will also make weighted decisions and take action when necessary to avoid larger ecological damages.Such is the case with the 2008 Gypsy Moth program that is begin carried out under state (and U.S. Forestry Service) guidelines and control. Gypsy moth egg mass surveys, conducted by the New Jersey Department of Agriculture (NJ DOA), indicate that gypsy moth populations will be very high during May and June 2008. Leaf feeding by the caterpillars of this pest will cause severe defoliation of many of our trees. Consequently, the municipality has entered into a cooperative control program With the NJ DOA and the U.S. Forest Service. This program is being operated on an integrated approach, ut... 04/26/2008