Estates at Princeton Junction- West Windsor Townhome For Sale

Estates at Princeton Junction Nj townhome For sale

Rarely available desirable End Unit Eastport Model on Premium lot AND on Cul-De-Sac.Facing North-East. This is the ONLY Eastport model in this entire townhome community on a Cul-de-Sac…….an enviable private & serene location.This spectacular end unit features a magnificent kitchen and family room with gas fireplace, spacious living & dining rooms, 2-Car garage, full basement & convenient 2nd floor laundry.Lots of natural light throughout.Exquisite master suite includes an expansive sitting area, large walk-in closet, and sumptuous private bath.9 ft ceilings & hardwood flooring on 1st floor, Lifetime warranteed Anderson Windows, Corian Counters in kitchen & a layout that is Open & spacious. In-ceiling speakers, marble fireplace, crown molding, home security system, backyard paver… patio. ALL bedrooms have vaulted ceilings. Toll Bros Builders Warranty transfers to the purchaser , offering a well-packaged value to a discerning buyer. Assoc fee incl snow removal, lawn maint. 5 min to train.WWP schools. A must-see!

Preview more details on :- www.SoldByShalu.com

OR  http://www.trulia.com/property/1074048874-14-Wedgewood-Ct-Princeton-NJ-08540

Tax Break for Homebuyers- What a “Stimulus”!!

Excerpted from The New York Times :-

By DAVID M. HERSZENHORN

 

Published: February 4, 2009

The Senate on Wednesday voted to expand the economic stimulus package with a tax credit for homebuyers of up to $15,000, a provision championed by Republicans as addressing a root cause of the recession.

Senator Johnny Isakson, Republican of Georgia, a former real estate broker who was the prime sponsor of the homebuyer credit, said it was modeled after a similar, $2,000 homebuyer credit that helped lead the country out of recession in 1975.“We do have a history in this country with housing and it goes back to the crash of 1974, which actually in terms of inventory and price declines was comparable to what’s happening now,” Mr. Isakson said at a news conference. “Within one year of the inception of that tax credit, two-thirds of the available inventory that was on the market was gone. The market moved back to a balanced inventory, values stabilized and things became very healthy. The only reason I know all of that is I was selling houses in 1974, that’s what I was doing to feed my family and make a living.”

The measure would give buyers a tax credit of 10 percent of the price of a primary residence purchased within the year, up to $15,000, and is designed to stabilize plummeting home prices that caused a wave of foreclosures and led to the near collapse of the financial system as Wall Street firms wrote down billions in losses on mortgage-backed assets.

 

Yes, comments are invited…….Let’s hear what you think.