Yearly Archives: 2012

WASHINGTON, DC - September 11, 2012 - (RealEstateRama) -- Citing new momentum and support among a broad array of stakeholders, U.S. Senators Robert Menendez (D-NJ) and Barbara Boxer (D-CA) today reintroduced the Responsible Homeowner Refinancing Act and called for Republicans to join them in passing the measure which would help millions of responsible homeowners refinance at lower mortgage rates.

CLOSTER, NJ - September 7, 2012 - (RealEstateRama) -- New Jersey New Jersey Department of Banking and Insurance Acting Commissioner Ken Kobylowski on Wednesday spoke with a group of approximately 55 senior citizens ranging in age of 70 to 95 years old at the Closter Senior Center about life insurance, long term care insurance, annuities and reverse mortgages

Torrance, CA - September 5, 2012 - (RealEstateRama) -- Lee & Associates New Jersey, in a move that will broaden its outreach and better serve its clients in the Central New Jersey region, has partnered with the former International Realty Group to open a second office in Edison, N.J.

Torrance, CA - August 14, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has closed a $6.1 million deal for a Teaneck, N.J. industrial property that was owned by curtain and bedspread importer Beacon Looms

New York, N.Y. - August 9, 2012 - (RealEstateRama) -- U.S. Environmental Protection Agency Regional Administrator Judith A. Enck was joined today by New Jersey Senator Frank R. Lautenberg, Senator Robert Menendez and Congressmember Bill Pascrell, Jr. as she announced that the EPA will safely demolish the E.C. Electroplating building at the Garfield Superfund site in Garfield, New Jersey.

NJAR® Good Neighbor Awards to Recognize REALTORS® EDISON, N.J. - July 13, 2012 - (RealEstateRama) -- The New Jersey Association of REALTORS® (NJAR®) is currently...

WASHINGTON, DC - August 1, 2012 - (RealEstateRama) -- Senator Robert Menendez, Chairman of the Housing Subcommittee of the Senate Banking Committee, today criticized FHFA’s decision not to allow principal reduction for struggling homeowners under any circumstances. Senator Menendez has led the call for FHFA to fix its flawed study on principal reduction, spearheading a letter from 30 Senators to Acting Director Edward DeMarco. Click here for a PDF of the letter and here for a press release on the letter.

TRENTON - July 27, 2012 - (RealEstateRama) -- The Division of Taxation has mailed out Senior Freeze checks worth $195 million to 163,000 senior and disabled homeowners around the state, State Treasurer Andrew Sidamon-Eristoff announced.

NEWARK, NJ - July 23, 2012 - (RealEstateRama) -- Continuing its enforcement effort against unregistered and non-compliant home improvement contractors, the New Jersey Division of Consumer Affairs has issued Notices of Violation against 44 contractors, seeking a total of $195,000 in civil penalties, based on complaints and referrals by consumers from across New Jersey.

WASHINGTON, DC - July 23, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income renters forced from their homes due to severe storms and straight-line winds last month.

Washington, DC - July 18, 2012 - (RealEstateRama) -- U.S. Senators Robert Menendez (D-NJ) and Frank R. Lautenberg (D-NJ) today announced that the U.S. Department of Veteran Affairs (VA) has awarded over $2.7 million in homeless prevention grants to New Jersey non-profit community agencies. These awards were granted through the Supportive Services for Veteran Families (SSVF) program to assist homeless and at-risk veteran families.

WASHINGTON DC - July 18, 2012 - (RealEstateRama) -- Congressman Frank Pallone, Jr. (NJ-06) today announced a $1 million grant for services to assist approximately 400 at-risk or homeless veterans in Monmouth, Middlesex, Ocean and Burlington Counties. The Sixth District includes areas in both Middlesex and Monmouth counties. The grant was awarded to the nonprofit organization United Veterans of America Inc. (Soldier On) under the Department of Veterans Affairs’ (VA) Supportive Services for Veteran Families (SSVF) program

Washington, DC - July 18, 2012 - (RealEstateRama) -- A $1 million federal grant has been awarded to a non-profit organization to assist low income veterans in Central New Jersey who are at risk of losing their homes, Congressman Chris Smith (NJ-04) announced today.

EDISON, N.J. - July 11, 2012 - (RealEstateRama) -- The New Jersey Association of REALTORS® Educational Foundation (NJAREF) awarded 40 students yesterday afternoon with a total of $57,000 in scholarships to use towards furthering their education. Scholarships this year ranged from $1,000 to $2,500 and were presented to recipients at The Pines Manor in Edison, N.J.

EDISON, N.J. - July 10, 2012 - (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. The NJAR® Good Neighbor Awards recognize REALTORS® who do more than help others buy and sell real estate in their community; they actively devote their time and resources to community service activities.

NEWARK - July 9, 2012 - (RealEstateRama) -- Attorney General Jeffrey S. Chiesa and the New Jersey Division of Consumer Affairs today reminded consumers to beware of home repair scams and charity scams while they recover from the damage caused by violent thunderstorms that led to emergency declarations in Atlantic, Cumberland and Salem counties, and the water main break that led to an emergency declaration in Monmouth County.

Washington, D.C. - July 2, 2012 - (RealEstateRama) -- U.S. Senators Barbara Boxer (D-CA), Bob Menendez (D-NJ) and Herb Kohl (D-WI) today sent a letter to Kim Garland, the CEO of mortgage insurer United Guaranty Corporation, urging him to reconsider the company’s policies that are limiting or preventing homeowners from being able to refinance at today’s record low rates

June 29, 2012 - (RealEstateRama) -- DCI Homes, LLC with owner, Vito Inghilterra as primary design builder, has carved out a piece of old Bernards Township to create a premier setting for this exclusive three-home subdivision. The last home, located at the end of the cul de sac in Waverly Place, is now under construction and will be available for Fall 2012 occupancy. The four plus acre tract consists of one historic home and two new colonial design homes on one plus overlapping acres in a town with top ranked schools.

BLOOMFIELD, N.J. - June 28, 2012 - (RealEstateRama) -- Ronald Fallivene and Ted Judah have joined the team at Prism Capital Partners, announced Eugene Diaz, a principal partner of the firm. Fallivene will serve as project manager for Prism Construction Management, while Judah will serve as property manager.

WASHINGTON, DC - June 27, 2012 - (RealEstateRama) -- U.S. Senator Frank R. Lautenberg (D-NJ) is working to protect residents of more than 1,800 New Jersey homes from a major flood insurance rate hike. The Senate is currently debating a bill to reform the National Flood Insurance Program, and Senator Lautenberg has introduced amendments to maintain current premium rates for individuals in homes built before many of the federal flood maps were first drawn