Yearly Archives: 2009

NEWARK, NJ - August 5, 2009 - (RealEstateRama) -- It’s the type of story that is becoming increasingly more common: FBI Special Agent In Charge Weysan Dun announced today the arrests of GARTH CELESTINE, age 44, of 535 Dean Street, Apartment 515, Brooklyn, New York; and PHIL A. SIMON, age, 34, of Brooklyn – both better known collectively as “Home Savers Consulting Corporation”.

Edison, NJ - August 4, 2009 - (RealEstateRama) -- New Jersey REALTORS® are committed to the profession, according to results from a survey commissioned by the New Jersey Association of REALTORS® (NJAR®).

TRENTON, NJ - July 31, 2009 - (RealEstateRama) -- Governor Jon S. Corzine today announced that more than 540,000 New Jersey senior and disabled homeowners will begin receiving Homestead Rebates that average about $1,300 for most recipients. "This year's State Budget dedicates more than $1.1 billion in direct property tax relief to New Jersey homeowners and tenants," said Governor Corzine. "Despite significant reductions in spending, we were able to preserve rebates for most of last year's recipients, including all seniors."

TRENTON, NJ - July 28, 2009 - (RealEstateRama) -- Governor Jon S. Corzine announced today that one million middle-income New Jersey homeowners will soon receive applications for Homestead Rebates, the direct property tax relief program recently restored to the Fiscal Year 2010 Budget so that one-half of non-senior homeowners who received rebates last year could get them again this year.

NEWARK, NJ - July 27, 2009 - (RealEstateRama) -- FBI Special Agent In Charge Weysan Dun announced today the arrest of Daniel Verdia, Don Apolito, Jaye Miller, and Chrystal Paling (all on Tuesday, July 21), as well as the surrender of Robert Gorman and Philip Blanch (on Friday, July 24) -all in connection with a mortgage fraud scam operated out of an office in Hasbrouck Heights, New Jersey.

WASHINGTON, DC - July 23, 2009 - (RealEstateRama) -- U.S. Senators Robert Menendez (D-NJ) and Mike Johanns (R-NE) – both members of the Senate Banking, Housing and Urban Affairs Committee – today introduced legislation aimed at ensuring that low-income disabled Americans have access to affordable housing options.

TRENTON, NJ - July 21, 2009 - (RealEstateRama) -- Governor Jon S. Corzine today announced the award of $16,165,287 in federal Low Income Housing Tax Credit funds and $22,634,105 million in American Recovery and Reinvestment (ARRA) funding through the Tax Credit Assistance Program (TCAP).

WASHINGTON, DC - July 21, 2009 - (RealEstateRama) -- Testifying before the Senate Committee on Environment and Public Works Committee in Washington today, Governor Jon S. Corzine told the panel the U.S. is on the verge of a "green revolution."

Trenton, NJ - July 16, 2009 - (RealEstateRama) -- In response to an announcement today by Governor Jon Corzine that property tax rebate checks are now being mailed to 129,000 senior and disabled homeowners, Assemblyman Sam Thompson said he’s pleased that segment of the state’s population is continuing to receive the same rebates as last year, but added, “It’s a sad day for the 1.2 million middle class homeowners who are having their rebates taken away by the governor and the Democrat-controlled Legislature.”

ORANGE, NJ - July 14, 2009 - (RealEstateRama) -- Orange Mayor Eldridge Hawkins Jr. today joined Department of Community Affairs (DCA) Commissioner Joseph Doria and New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge DellaVecchia at Reock Commons, a new condominium development at 57 South Center Street, to announce that Orange is the newest member of the Live Where You Work Program. The city is the 15th municipality to partner with the HMFA on the program.

TRENTON, NJ - July 15, 2009 - (RealEstateRama) -- Governor Jon S. Corzine announced today that the mailing had begun of Property Tax Reimbursement checks for 2008 to 129,000 qualified senior and disabled homeowners, and that checks for the program — commonly known as the “Senior Freeze” — will average a record high of $1,132.

TRENTON, NJ - July 15, 2009 - (RealEstateRama) -- Continuing the State’s effort to combat mortgage-related fraud, Attorney General Anne Milgram announced today the filing of two new lawsuits charging a total of 10 individual and corporate defendants with selling bogus loan modification services to distressed homeowners.

Washington, D.C. - July 13, 2009 - (RealEstateRama) -- Today, Congressman Sires announced the release of more than $8 million in funding to New Jersey by the Department of Energy (DOE) for a rebate program to encourage purchases of energy efficient appliances. The money is part of nearly $300 million in funding released by the DOE allocated through the American Recovery and Reinvestment Act for State-run rebate programs for consumer purchases of new ENERGY STAR qualified home appliances.

Edison, NJ - July 9, 2009 - (RealEstateRama) – The New Jersey Association of REALTORS® (NJAR®) will continue its educational seminar series on July 29 at the Grand Versailles Hotel in Maple Shade, with a free event from 6:00 to 8:00 p.m. The Clock is Ticking -- Time to Harness Your Home Buying Power will give attendees insight on the many different aspects of buying a home.

Edison, NJ - July 7, 2009 - (RealEstateRama) -- Housing affordability is higher in New Jersey than it has been in years, and buyers are taking advantage.

WASHINGTON, DC - July 6, 2009 - (RealEstateRama) – Sen. Frank R. Lautenberg (D-NJ) today announced New Jersey will receive $61,243,670 in funding to jump start affordable rental housing developments and create construction-related jobs in the state.

WASHINGTON, DC - July 6, 2009 - (RealEstateRama) — U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced that the U.S. Department of Housing and Urban Development has awarded nearly $16 million dollars in funding for New Jersey through the Community Development Block Grant (CDBG), Emergency Shelter Grant (ESG), HOME, and Housing Opportunities for Persons with AIDS (HOPWA) community programs.

TRENTON, NJ - June 30, 2009 - (RealEstateRama) – Attorney General Anne Milgram announced today the indictment of six people charged in three separate, unrelated mortgage fraud cases, including two women charged with spearheading a conspiracy to use stolen identities to obtain more than $1 million in unauthorized mortgages, lines of credit and credit cards.

Edison, NJ - June 30, 2009 - (RealEstateRama) - The New Jersey Association of REALTORS® (NJAR®) is currently seeking nominations of REALTORS® who have acted as "good neighbors" through their dedication to community service.

TRENTON, NJ - June 30, 2009 - (RealEstateRama) – Governor Jon S. Corzine was named one of the nation’s top ten “Greenest Governors” by Greenopia, an online directory of eco-friendly retailers, services, and organizations. The Governor, who ranked ninth, was recognized for his Energy Master Plan, a renewable energy plan that “trumps most other states,” as well as for his efforts to curb greenhouse gas emissions.