My mortgage guy sent me this info.   Last week, Mr. Obama signed into law the American Recovery and Reinvestment Act of 2009, which contains nearly $800 million in economic stimulus spending and tax relief designed to help individuals and businesses in the current economic climate. The following is a list of some of the major provisions of the new law without significant details which will follow as rules are issued. Note that many of the benefits are temporary and/or are phased out for higher income individuals. Higher Loan Limits. Conforming and FHA mortgage limits in high-cost areas were temporarily raised back to the limits which expired at the end of 2008. This will mean an increase from $625,000 to just under $730,000 in higher cost of living areas such as Northern California and ... 02/26/2009

CheckThis Out   These two sites give you a very detailed perspective on the entire stimulus package.  It is our intention to keep you as informed as possible with the most up to date information.  If you are on information overload we apologize.    Spending side of "Stimulus"http://www.propublica.org/special/the-stimulus-plan-a-detailed-list-of-spending Tax side of "Stimulus"http://www.propublica.org/special/stimulus-plan-taxcut-list     Poconos of PA Real EstateVacation Homes/Vacation RentalsNew Home Construction SalesInvestment Properties Keller Williams Real Estate601 Bethlehem PikeBuilding B, Suite 100Montgomeryville, PA 18936Main Office: 215-631-1900Direct: 215-850-9640 · Contact Form 02/20/2009

Is anyone in these target areas Reltor Magazine has These 11 areas have the highest home price appreciation in 2008 are:   Cedar Rapids, Iowa: 8.83 percent Binghamton, N.Y.: 7.78 percent Amsterdam, N.Y.: 7.89 percent Malone, N.Y.: 7.60 percent Bay City, Mich.: 6.87 percent College Station-Bryan: 6.78 percent Rocky Mount, N.C.: 6.69 percent Auburn, N.Y.: 6.51 percent Lebanon, Pa.: 6.41 percent Elmira, N.Y.: 6.28 percent Johnstown, Pa.: 6.20 percent  Keller Williams Real Estate Heather Rickert601 Bethlehem PikeBuilding B, Suite 100Montgomeryville, PA 18936Main Office: 215-631-1900Direct: 215-850-9640 · Contact Form 02/20/2009

Here are more goodies from the White House. If your clients would like more information they can visit http://www.federalhousingtaxcredit.com HOMEOWNER AFFORDABILITY AND STABILITY PLAN Details on President Obama administration's housing relief plan have been released. They include: · Facilitating refinances of mortgages controlled or serviced by the GSEs or government, even with LTVs over 80% · Government sharing of costs to lower borrower mortgage payments to 31% of income · Incentives for servicers to modify · Increasing preferred stock purchases in Fannie and Freddie to $200 billion each from $100 billion · Increasing Fannie and Freddie balance sheets to $900 billion from $850 billion · Standardized modification guidelines to be pushed industry-wide · Allowing "judicial modifications... 02/18/2009

The Challenge of Buyers A buyers' market should be just that -- a buyers' market. It's not a fence-sitting, waiting, loitering, delaying, dawdling, postponing, vacillating, hesitating, wavering, faltering, pausing, foot-shuffling market. It's a buyers' market. By its very name it means buyers should be doing one thing and one thing only -- buying. So where are the buyers, and why aren't they buying?   Heather A. Rickert, Realtor, RSPS Keller Williams Real Estate PA License #RS295398 215-850-9640 cell 215-631-1900 office 215-631-1999 fax e-mail: jeffheather2@verizon.net Website: www.jeffrickertteam.com "A Referral is sending someone you care about to someone you respect" Are you considering a career change or maybe another Real Estate company?  See what Keller Williams has to offer at ht... 02/13/2009

Did you know? As a member benefit, they are waiving the $350 registration fee to the Symposium for RSPS (Resort and Second Home Property Specialists). The Resort Symposium is March 29-31, in Naples, Florida. This premiere networking event will allow you the opportunity to enhance your expertise and connect with other successful resort and second-home specialists from around the world. For more information regarding the Symposium use these links: http://www.realtor.org/resorts/resort_symposium/resortsymposiumlandingpage Register for the Resort Symposium Here.   Heather A. Rickert, Realtor, RSPS Keller Williams Real Estate PA License #RS295398 215-850-9640 cell 215-631-1900 office 215-631-1999 fax e-mail: jeffheather2@verizon.net Website: www.jeffrickertteam.com "A Referral is sending som... 02/12/2009

It's in Orlando, FL February 21-25 2009. Here are the 10 Reasons why you should go! 1) The language of sales. As Dianna says, if you talk, this class will help you. 2) The know-how to effectively work the Buyer Side of Bank-Owned Properties (REOs). 3) How to handle any objection! Any objection. 4) How to lead generate like a pro to first-time home buyers. 5) Which technology tool to plug into your business to increase its efficiency. 6) Exactly what lenders are looking for from an REO agent. 7) How to spend no money and get great leads. 8) How to best help your listing clients when you realize they are upside down and struggling to make their mortgage payments. 9) Understand how to use the tools that KW Commercial has developed. 10) How to break into the upper-tier market.   Heather A. ... 02/12/2009

  This week may prove to be a truly historic one in our industry.  As we write to you, the Fix Housing First Act of the Senate's Economic Stimulus Bill is currently being debated. This Act includes a $15,000 tax credit for homebuyers that has already verbally been passed. Also on the table is a provision to lower 30-year fixed-rate mortgage rates down to 4-4.5 percent for eligible homebuyers.     Keller Williams Real Estate Heather Rickert601 Bethlehem PikeBuilding B, Suite 100Montgomeryville, PA 18936Main Office: 215-631-1900Direct: 215-850-9640 · Contact Form 02/12/2009

First-Time Home Buyer Tax Credit         The tax credit is available for first-time home buyers only. The maximum credit amount is $7,500. The credit is available for homes purchased on or after April 9, 2008 and beforeJuly 1, 2009. Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit. The tax credit works like an interest-free loan and must be repaid over a 15-year period. Here is a link for more info.http://www.federalhousingtaxcredit.com/         Keller Williams Real Estate Heather Rickert601 Bethlehem PikeBuilding B, Suite 100Montgomeryville, PA 18936Main Office: 215-631-1900Direct: 215-850-9640 · Contact Form   01/27/2009

Did you know? Federal Tax Credits for Energy Efficiency On October 3, 2008, President Bush signed into law the "Emergency Economic Stabilization Act of 2008." This bill extended tax credits for energy efficient home improvements (windows, doors, roofs, insulation, HVAC, and non-solar water heaters). Tax credits for these residential products, which had expired at the end of 2007, will now be available for improvements made during 2009. However, improvements made during 2008 are not eligible for a tax credit. The bill also extended tax credits for solar energy systems and fuel cells to 2016. New tax credits were established for small wind energy systems and plug-in hybrid electric vehicles. Tax credits for builders of new energy efficient homes and tax deductions for owners and designers... 01/27/2009

Hello World,        As the month of January comes crawling to a merciful end, signs of spring, although very faint give a reason for hope and optimism that "GREEN" is just around the corner. Listening to the chickadees in the morning and watching how playful and active they still are in the sub freezing temperatures is enough to give the biggest winter wimp a mountain of hope. Not that I am a winter wimp but after the new year I certainly do look forward to spring and everything that comes along with it. Yesterday as I was driving home to my own home in Arrowhead Lakes I drove by what initially looked like a small turkey but I knew it wasn't. I stopped my truck and slowly backed up and there it was, a magnificent hawk with a wing span of nearly three feet slowly flapping as it slowly to... 01/23/2009

Arrowhead Lakes Community is made up of 2 Large Clean Lakes. Big Arrowhead Lake is 260 Acres and the small lake is 90 Acres. There are 4 beaches situated around the two lakes. Each beach has BBQ facilities, playgrounds and sandy beaches for all day enjoyment. The lakes are pristine because no gasoline engines are allowed on them. You may use 'man power' or a simple electric trolling motor for fishing. The lakes are stocked for trout season every year but you can find an assortment of native fish in these lakes! The community also offers 3 heated swimming pools, 7 tennis courts (3 are lighted), 2 basketball courts, volleyball courts, horseshoe pits, exercise room, billiards room, Clubhouse and soon to be New Community Lodge right on the Big Lake! To go along with these wonderful amenitie... 12/29/2008

Did you Know? New Committee Listing - Arrowhead LakeNew Committee ListingDate: 11/12/2008Attention Everyone!!!Under our committees list we have a new listing it is Ad Hoc Lodge......Youcan get the lastest information that the committee is deciding to do withthe Lodge.  You can also attend in person to the next meeting on November22, 2008 at 1:00 in the Member Services Building.  Hope to see youthere.....Visit Arrowhead Lake online at http://www.arrowheadca.org/       Heather Rickert Keller Williams Real Estate601 Bethlehem PikeBuilding B, Suite 100Montgomeryville, PA 18936Main Office: 215-631-1900Direct: 215-850-9640 · Contact Form 11/12/2008

  DO YOU KNOW? Thanksgiving - Arrowhead Lake Thanksgiving Dinner on Thursday, November 13 at 1:00pm in the Clubhouse. Nocharge for members. Please bring a non-perishable food item to donate to thelocal food pantry.Call Barbara Zimmerman 570-972-9135.Visit Arrowhead Lake online at http://www.arrowheadca.org/       Heather Rickert Keller Williams Real Estate 601 Bethlehem Pike Building B, Suite 100 Montgomeryville, PA 18936 Main Office: 215-631-1900 Direct: 215-850-9640 http://www.jeffrickertteam.com/ http://gawain.membrane.com/poconos_real_estate/orinfo.html 11/06/2008

  DO YOU KNOW? Thanksgiving - Arrowhead Lake Thanksgiving Dinner on Thursday, November 13 at 1:00pm in the Clubhouse. Nocharge for members. Please bring a non-perishable food item to donate to thelocal food pantry.Call Barbara Zimmerman 570-972-9135.Visit Arrowhead Lake online at http://www.arrowheadca.org/     Heather Rickert Keller Williams Real Estate 601 Bethlehem Pike Building B, Suite 100 Montgomeryville, PA 18936 Main Office: 215-631-1900 Direct: 215-850-9640 http://www.jeffrickertteam.com/ http://gawain.membrane.com/poconos_real_estate/orinfo.html          Heather Rickert Keller Williams Real Estate601 Bethlehem PikeBuilding B, Suite 100Montgomeryville, PA 18936Main Office: 215-631-1900Direct: 215-850-9640 · Contact Form 11/06/2008

   Christmas Dinners - Arrowhead LakeCatered, hot buffet Christmas Dinner on December 11 at 1:00pm in theClubhouse. The cost is $7.00 per member. The deadline for tickets isDecember 1.  Call Joan Eberle, 570-646-5416 or Barbara Zimmerman,570-972-9135.Visit Arrowhead Lake online at http://www.arrowheadca.org/   Heather Rickert Keller Williams Real Estate601 Bethlehem PikeBuilding B, Suite 100Montgomeryville, PA 18936Main Office: 215-631-1900Direct: 215-850-9640 · Contact Form http://www.jeffrickertteam.com/ http://gawain.membrane.com/poconos_real_estate/orinfo.html 11/06/2008

Keller Williams Real Estate601 Bethlehem PikeBuilding B, Suite 100Montgomeryville, PA 18936Main Office: 215-631-1900Direct: 215-850-9640 · Contact Form   11-85-13 Outer Drive, Pocono Lake, PA 18347 List #08-6621Nice corner lot ready for you to build your dream vacation home. Wetland study passed. Central Sewer nearby.  Listing & Location Information County Monroe County  Municipality/ Twnshp 0132 - Coolbaugh Township  Listing Office Code KWRM Original List Price 9,000 List Price 9,000 Location/ Developmnt Arrowhead Lakes  Tax ID Number 03-6307-18-30-7637 Deed Book/Page 2217-7425 General Zoning Resi  Lot/Block/Section 11-85-13 School District 103 - Pocono Mountain Area       Property Information Book Section Lots/Land  Property Type Lots/Land Type of Ownership Fee Simple w/HOA  Realtor.c... 07/20/2008

Keller Williams Real Estate601 Bethlehem PikeBuilding B, Suite 100Montgomeryville, PA 18936Main Office: 215-631-1900Direct: 215-850-9640 · Contact Form     71-3-6 Lakeshore Dr, Pocono Lake, PA 18347 List #08-6613What more could you ask for? TRUE LAKEFRONT CHALET situated on Arrowhead's main lake! Breathtaking views from the living room, dining room and 2nd bedroom. This 3 bedroom, 2 full bath retreat with mature landscaping and large deck is sure to suit you and your family! Hurry while you still have time for the summer! Sold furnished per list.  Listing & Location Information County Monroe County  Municipality/ Twnshp 0137 - Tobyhanna Township  Listing Office Code KWRM Original List Price 379,900 List Price 379,900 Will Lease No  Location/ Developmnt Arrowhead Lakes  Tax ID Number 19-... 07/20/2008

 Keller Williams Real Estate601 Bethlehem PikeBuilding B, Suite 100Montgomeryville, PA 18936Main Office: 215-631-1900Direct: 215-850-9640 · Contact Form     3-1720-17 Conoquenessing Dr, Pocono Lake, PA 18347 List #08-6960Attractive well maintained Chalet home with large loft. Home features eat in kitchen, fireplace and a wonderful shaded deck for entertaining. Community sewer. This is a must see for the chalet lover. Home is sold fully furnished.  Listing & Location Information County Monroe County  Municipality/ Twnshp 0132 - Coolbaugh Township  Listing Office Code KWRM Original List Price 119,999 List Price 119,999 Will Lease No  Location/ Developmnt Arrowhead Lakes  Tax ID Number 03-5397-16-93-5564 Deed Book/Page 2205-1982 General Zoning Resi  School District 103 - Pocono Mountain Ar... 07/20/2008

Keller Williams Real Estate601 Bethlehem PikeBuilding B, Suite 100Montgomeryville, PA 18936Main Office: 215-631-1900Direct: 215-850-9640 · Contact Form 519-521 WINDY PINE RD, Pocono Lake, PA 18347 List #08-1592Beach/Lake front lots. Lots 519,520,521 sold together. Wetland Study completed. Approved for a 4 year fill of the land. See scanned document from wetland specialist. Owner has details.  Listing & Location Information County Monroe County  Municipality/ Twnshp 0137 - Tobyhanna Township  Listing Office Code KWRM Original List Price 70,000 List Price 70,000 Location/ Developmnt Locust Lake Village  Tax ID Number 19-6306-04-80-5874 Deed Book/Page 2279-1244 General Zoning Resi  School District 103 - Pocono Mountain Area   Property Information Book Section Lots/Land  Property Type Lots/... 07/20/2008