Governor Corzine Unveils FY 2009 Budget Proposal

Below is what I found today in the NJAR website, it's a terrible thing what the people in this Garden State have to give up in order help fix all the problems of the NJ deficit situation. It makes you think, doesn't it? It's not a wonder so many people are deciding to leave the Garden State.


Today, in his budget address to a joint session of the New Jersey Legislature, Governor Jon Corzine outlined his spending priorities for the upcoming year. The Governor unveiled a proposal that cuts state spending by $500 million over the previous year's $33.5 billion budget and does not contain any new taxes or fees.

Governor Corzine is looking to achieve a reduction in state spending by cutting a minimum of 5,000 state jobs through a series of layoffs and buyouts. Governor Corzine said he wants to reduce the size of state government by also eliminating the Departments of Agriculture and Personnel, and the Commerce Commission. The plan calls for aid to hospitals, municipalities, and colleges and universities to be reduced.

Governor Corzine also acknowledged New Jersey's property tax crisis in his budget address. Under his FY 2009 spending proposal, 70 percent of homeowners will receive exactly the same $1,000-plus rebate they received last year. However, the Governor wants to reduce property tax rebates for households who earn between $100,000 and $150,000. Under his plan, if your household income exceeds $150,000 you will no longer be eligible for the rebate program. Additionally, Governor Corzine seeks to increase educational aid by $550 million, as was called for in the new school funding formula.

We are encouraged by the fact that no new taxes were imposed on the real estate industry or property owners. However, the budget proposal unveiled today is a template and NJAR® anticipates that there will be many changes to it before it is enacted into law. As always, NJAR® will closely monitor all budget negotiations and will keep you informed of any developments. The New Jersey Network (NJN) will rebroadcast Governor Corzine's Budget Message tonight at 10 p.m. NJAR® is a prime sponsor of this television event. The entire text of the address can be viewed on the governor's website at www.nj.gov/governor/index.shtml. NJAR®'s statement on the budget address is available on our website at www.njar.com/pressroom/index.html.

Buyers have Choices, it's a great time to buy a Home

I am really tired of hearing so much negativity about the Real Estate Market. I have noticed in the last couple of weeks the upswing in the UNDER CONTRACT LISTINGS in the Monmouth and Ocean County area. The rates are still low and you can definitely find a BARGAIN as a BUYER. It's time to get off the fence and learn more about what is going on in TODAYS AREA REAL ESTATE. Remember Real Estate is all local, and what you hear on the TV, doesn't necessarily apply to us here at the Jersey Shore. Call me to learn more or attend our upcoming seminar............

"Opportunities Abound In a Buyer’s Market"
NOW IS THE TIME TO BUY! Housing prices have dropped, there are many homes to choose from and interest rates are the lowest they have been in 5 years.It has never been easier to qualify for a home loan. Let us show you how you can afford to buy your own home – no matter what your financial condition is currently! 100% financing is still available.Now you can come to a free one-hour seminar taught by RE/MAX Gateway Sales Associates, Randi Dickman and Lucy Korzelius and Mortgage Professional, Paulina Henderson of FREEDOM MORTGAGE. You can find out for yourself how you can buy your own home.Here’s What You’ll Learn in this FREE Seminar:

Can I qualify for a home mortgage loan?

What does my credit report say and how will a mortgage banker look at it?

How much home can I afford to buy?

How should I go about finding the right home?

What is happening in our area market?

Making an offer?

What do do in the sales process?

Bring yourself and bring your questions. We would to meet you. Our upcoming seminar will be held at the Wall Township Public Library from 7pm - 8pm this Tuesday, March 4th. Call me at 732-684-1559 or email me for more details and directions.

http://www.lkorzelius.remax-nj.com/

http://www.monmouthoceanmls.com/lucykorzelius

THERE'S ALWAYS A BRIGHT SIDE........

I wrote this poem to remind myself that we all have to keep moving on, be positive, don't be discouraged and believe that all things change. There is balance to all, the good, the bad, the yin, the yang, it's all a cycle we need to ride out. There is always a BRIGHT SIDE.

Amid all the challenging economic times, recession, rising prices at the grocery stores, health insurance, expensive auto insurance, property taxes, housing foreclosures, a slow job market, rising costs of living, the NJ deficit, Gov. Corizine’s proposed toll hikes, constant pressures to make ends meet, etc. There is always a BRIGHT SIDE.

This is a GREAT TIME to really learn to appreciate what you currently have. Learn better spending habits, try to stick to want you need to buy,not more than the toys that you have to have and stick to the basics.

Investing is better for some since many stock prices have gone down that were up high before, and it's great time to PURCHASE REAL ESTATE!

Real Estate is solid investment. A first time buyer or someone that is looking to BUY UP is in a GREAT POSITION if the have built up equity, good credit, first time buyers have a great chance to purchase a nice home for their money, many can get a great DEAL. Contact me for the best deals around in Real Estate. Enjoy the Poem..........

My Money Poem

I want to make money to get out of debt

I’m grateful for all my hard lessons and the time that I spent

I want to learn more about life so I bloom

And leave behind memories of darkness and gloom

In spite of my debt and my bills piling high

I am blessed beyond words with the days that go by

I’m never alone and always feel loved

He’s there for me always

“The Good Lord Above”


by Lucy Korzelius

http://www.lkorzelius.remax-nj.com

FREE SEMINAR "IT'S A BUYERS MARKET, LEARN MORE"

Free Seminar!
Free Seminar!

Wednesday, February 13th

7:00-8:00 pm

RE/MAX GATEWAY Office
1500 Allaire Avenue - Suite 103, Ocean, NJ 07712

(Off Rt. 35 South)
Call Lucy 732-684-1559 for Directions.

"Opportunities Abound In a Buyer’s Market"

NOW IS THE TIME TO BUY! Housing prices have dropped, there are many homes to choose from and interest rates are the lowest they have been in 5 years.

It has never been easier to qualify for a home loan. Let us show you how you can afford to buy your own home – no matter what your financial condition is currently! 100% financing is still available.

Now you can come to a free one-hour seminar taught by RE/MAX Gateway Sales Associates, Randi Dickman and Lucy Korzelius and Mortgage Professional, Paulina Henderson, and find out for yourself how you can buy your own home.

Here’s What You’ll Learn in this FREE Seminar:

Ø Can I qualify for a home mortgage loan?
Ø What does my credit report say and how will a mortgage banker look at it?
Ø How much home can I afford to buy?
Ø How should I go about finding the right home?

Vote Today -

NJ Home TAX and more
http://www.americansforprosperity.org/index.php?state=nj

NJ Taxes

Hello out there. I know I'm not the only one concerned about the rising taxes in our Garden State. Since the real estate community has been experiencing blows left and right in the last several years. It's only fair that I bring this new potential tax plan to your attention.

The New Jersey Home Sales Tax

The Realty Transfer fee is a state imposed fee that began in 1968 as a nominal charge for tracking real estate transactions. It has increased dramatically in the last several years, especially due to the phenomenal real estate buying explosion we've had from 2003 - 2005.

The NJ Homes Sales Tax aka Realty Transfer fee has increased on an average home in our lovely garden state about 80%.

THE NJ STATE LEGISLATURE IS CONSIDERING FURTHER INCREASES BY PERMITTING MUNICIPALITIES TO ESTABLISH THEIR OWN FEES IN ADDITION TO THE ALREADY IMPOSED STATE FEES.

THIS IS WRONG!

Please log on to http://njhometax.com for further information and learn what to do to help stop the Home Sales tax increase.

ARE YOU A BUBBA?

Are you a B.U.B.B.A.? BUYERS UNREPRESENTED BY BUYERS AGENT

If you are I can help you get the most out of this real estate market. This current real estate market is full of choices and opportunities for today's savvy consumer.

Whether you are a FIRST TIME BUBBA or a BUBBA back in the market I can help you.

Most BUBBA's don't know:

There is no fee required in working with many Real Estate agents. The commission is PAID BY THE SELLER at the time of closing.

Working with an EXPERIENCED REAL ESTATE AGENT can help you save time and money in the search for the right home to fit your needs.

A REALTOR can make the most to help you have a smooth buying experience.

BUBBA'S can benefit from my 14 years of experience working with SELLERS can help you in negoiating the BEST PRICE AND TERMS.

BUBBA'S can expect PREPAREDNESS, KNOWLEDGEABLE and FRIENDLY service.

BUBBA'S will receive a NO PRESSURE RESULTS ORIENTED REAL ESTATE PROFESSIONAL looking to give a BUBBA the best buying experience that I can.

Call me direct 732-684-1559 or visit my website at http://www.lkorzelius.remax-nj.com for your property search or more information on the home buying process.

RE/MAX GATEWAY Lucy Korzelius 1500 Allaire Avenue Ocean, NJ 07712 lucyk@remax.net Bilingual -- SPANISH