Yearly Archives: 2009
The Realities of Selling a Home in Today’s Market
Edison, NJ - January 27, 2009 - (RealEstateRama) – Preparing a home for sale in today's market often requires more than just few cosmetic improvements - it requires keeping an open mind about what buyers are looking for, and staying up to date on the local housing market.
Hampshire Partners Fund VII Acquires 48,000-Square-Foot Office Building In Glen Rock, N.J. in Joint...
Glen Rock, N.J. - January 12, 2009 - (RealEstateRama) – The Hampshire Companies, a full-service, private real estate investment fund manager with equity in assets valued at more than $2 billion, in a joint venture with Onyx Equities have announced the acquisition of a 48,000-square-foot office building located at 85 Harristown Road in Glen Rock N.J. The property was purchased from Motorola, Inc
New programs aimed at keeping families in their homes
Trenton, NJ - January 9, 2009 - (RealEstateRama) – To reduce foreclosures and further assist New Jersey homeowners at risk of losing their homes, Governor Jon S. Corzine today signed the Mortgage Stabilization and Relief Act into law. The legislation, (S-1599/A3506), which is another component of the Governor's Economic Assistance and Recovery Plan, establishes the Mortgage Stabilization Program and the Housing Assistance and Recovery Program.
New Jersey League of Municipalities Reacts to Further Cuts in Property Tax Relief Funding
Trenton, NJ - January 5, 2009 - (RealEstateRama) – As a part of New Jersey’s FY ‘09 ‘mid-course correction’ spending cuts, which will total $2.1 billion, Governor Jon S. Corzine today announced new reductions of more than $15 million in Special Municipal Aid and Extraordinary Aid.
Statewide Mortgage Foreclosure Mediation Program Launched
Trenton, NJ - January 9, 2009 - (RealEstateRama) – A new state-supported mortgage foreclosure mediation program is in place to help the thousands of New Jersey homeowners facing foreclosure throughout the state, Gov. Jon S. Corzine, Chief Justice Stuart Rabner and Attorney General Anne Milgram announced today.
Lyndhurst Lawyer Pleads Guilty to Stealing $4 Million in Funds for Real Estate Closings...
TRENTON, NJ - January 2, 2009 - (RealEstateRama) – Attorney General Anne Milgram and Criminal Justice Director Deborah L. Gramiccioni announced that a Lyndhurst lawyer pleaded guilty today to stealing approximately $4 million entrusted to him for real estate closings, which he used to gamble in Atlantic City.