February 2009 
There are 6 blog entries for February 2009.
Amusement Park Coming to Sea Isle City?
Monday, February 23rd, 2009 at 7:41pm. 821 Views, 0 Comments.
It is becoming quite the possibility that Sea Isle City, will once again have an amusement park. NBC News has a piece on how the owners of Gillian's Wonderland Park in Ocean City, submitted a proposal to create an amusement park in Sea Isle City. The project is dubbed, Gillian's Funland in Sea Isle City. The proposed site is along the 42nd street waterfront. Their plan calls for upto 12 rides. Gillian's hope to have the location up and running by Memorial Day.
This should prove to be great news for Sea Isle City. The proposal also includes offering Sea Isle City, 10 percent of the annual gross revenues of the park, including rides and concessions, according to The Press It should help keep folks in Sea Isle for an extra night during their stay. …
Home Buyers Tax Credit Explained
Thursday, February 19th, 2009 at 12:44pm. 525 Views, 0 Comments.
This is an excellent explanation of the tax credit that was just passed through Congress
First-Time Home Buyer Tax Credit: 6 Things to Know
While the proposed $15,000 home-buyer tax credit died in negotiations between the House and the Senate, the $787 billion stimulus bill that President Barack Obama signed into law Tuesday includes a similar--albeit smaller--measure designed to help revive the real estate market. Here are six things you need to know about the freshly-enacted $8,000 first-time home buyer tax credit.
1. Eight grand, new buyers: The tax credit included in the economic stimulus legislation is much narrower than the $15,000 proposal. This credit is equivalent to 10 percent of the…
Economic Stimulus and the Vacation Home Market
Monday, February 16th, 2009 at 3:44pm. 401 Views, 3 Comments.
Many people have been asking if the economic stimulus was going to boost local real estate markets? Initially it appeared most of the legislation would be geared toward tax credits for first time home buyers. While this would be great news for many first time home buyers who were left out during the boom a few years ago. Falling housing prices and low mortgage rates are starting to make home ownership attractive again.
A $7500 tax credit had been offered for first time home buyers since April. It does now appear the amount will be raised to assist first time home buyers. Many of those who wisely kept their money out of real estate as the market fell, are seeing signs that now is becoming a strong time to buy. 30 year interest rates are currently…
Cape Bank Mortgage Rates February 13th, 2009
Friday, February 13th, 2009 at 11:51am. 272 Views, 0 Comments.
Mortgage Rates for February 13, 2009
The following information is provided by Gina Tubertini, Cell (609) 675-8375, at Cape Bank.
Mortgage Rates as of January30, 2009
Rates Points APR 30 Year Fixed Conforming5.0%
0 5.04% 30 Year Fixed Jumbo5.875%
0 5.91% 20 Year Jumbo 5.375%
0 5.41% 5/1 Interest Only Jumbo5.625%
0 3.43%
Interested in what your monthly payment would be? Try the Mortgage Calculator
- Portfolio Loans
- Interest Only 3/1,5/1,7/1, 10/1 and 30 Year Fixed
- Condominiums
- 95 % Financing Options
- Construction to Permanent Loans
- Lot Loans
- Low to Moderate Income Borrower Programs
- L.L.C or Partnership Financing
Snow Owls in Stone Harbor and Cape May County
Tuesday, February 10th, 2009 at 9:53am. 496 Views, 0 Comments.
This year according to the Press of Atlantic City has been a great year to spot snow owls along the Jersey coast. The owls which sport a beautiful white coat is an intermitten visitor to New Jersey and Cape May County. These beautiful birds of prey, are an amazing sight to behold on the beach or skies. Stone Harbor Point has had a number of sightings of these beautiful birds.
Wildwood to Create Vietnam Veterans Memorial Wall
Sunday, February 1st, 2009 at 2:01pm. 243 Views, 0 Comments.
This past Wednesday the Wildwood city commissioners voted to offer their support to create a replica of the Vietnam Veterans Memorial in one of the community's parks. This vote follows a sucessful stop in Wildwood for a half sized replica of the Vietnam Veterans Memorial this summer. Over 15,000 people were reported to have visited, The Wall That Heals.
This is great news for Wildwood. It looks to become a long standing tradition and part of Wildwood if everything continues. The commissioners will still have some work ahead of them, but it looks like everyone is for the memorial.