8 Olive Place in Hazlet New Jersey priced at $231,300. Call Dan Bozza of RE/MAX Homeland Realtors in Freehold New Jersey for all details. 732-251-7757 or 908-693-5390 or visit Http://www.callmehome.com

Scan this QR code for additional information!

Dan Bozza moved to RE/MAX Homeland REALTORS in Freehold!  He will continue to provide excellent service to his buyers and sellers in the Monmouth, Middlesex and Ocean County areas. I will post pics of the new office as soon as I take them . I will be coming out of referral this coming January and will be joining Dan at RE/MAX Homeland.

You can still reach Dan on 908-693-5390 and 732-251-0679, and his new office # 732-462-2222 ext 320. or on his website  http://www.callmehome.com

Servicemembers’ Civil Relief Act: Financial Protection for Active Duty

The Servicemembers Civil Relief Act (SCRA) philosophy—persons called to duty should not have to worry about economic and legal burdens while on active duty. The bill defers servicemembers’ obligations to debt, tax and housing costs while on duty and for 90 days thereafter. Active duty personnel enlisted in the branches of the U.S. military as well as personnel in National Guard and Reserve units receive SCRA protections.

History

SCRA is an extension of the benefits provided under the Soldiers’ and Sailors’ Civil Relief Act of 1940 (SSCRA). Some service members still do not know the program exists and therefore suffer great financial loss while serving.

“Despite the act’s official title dating it to 1940, its origins can be traced as far back as the Civil War when Congress passed a total moratorium on civil actions brought against Union soldiers and sailors. In basic terms, this meant that any legal action involving a civil matter was put on hold until after the soldier or sailor returned from the war. Examples of civil matters included breach of contract, bankruptcy, foreclosure, or divorce proceedings,” the Department of Defense reported.

Civil War soldiers could not afford to pay their pre-service debts because military compensation was quite low. Congress thus deferred their obligation to mortgage, credit, and other payments.

Service members’ financial rights issues were constantly brought before Congress after the Civil War. Finally, in 1940 a detailed version of the SSCRA appeared on the scene, making it one of the most significant protections for military members.

SCRA and Its Benefits

In 2003, President Bush signed the current SCRA into law. Here were some of changes:

• Definition of Military Service under SCRA now includes National Guard member serving at the state level for more than 30 days straight.
• Family members receive protection. Dependents now mean anyone who the military member provided more than half of financial support to during a 180-day period before filing for relief under SCRA.
• Interest rates on loans cap at six percent.Furthermore, the SCRA clarifies that interest in excess of six percent per year is forgiven. During military service, an active duty servicemembers’ monthly payments on credit card debts and mortgage will be recalculated and reduced to follow the six percent interest rate under SCRA. Military members must provide a written notice to creditors for this cap to be implemented.
  • Eviction or foreclosure not valid during military service. A military member and his or her family keep their homes under SCRA. With the old law, a landlord could not evict a service member without a court order when rent was $1,200 per month or less. That cap has been adjusted due to inflation will continually be adjusted according to the housing market. The rental amount for eviction of non-payment under SCRA is now $2,930.00 or more.
  • Tenant can break a lease with 30-day written notice to landlord.  In addition, the landlord cannot attempt to terminate lease before the military member leaves for service without a court order.

The new bill covers much more including automobile leases and loans, life insurance increases, taxes, legal representation, health insurance, and business protection for military entrepreneurs.

Being called to duty is already an intense and unique moment for our New Jersey service members. The SCRA takes a significant chunk of stress away from that life-changing time period. Members can return with most of their credit scores intact, business, bank accounts, and most important, their family and home intact.

Matt Polsky is a blogger associated with VA Mortgage Center.com, the nation’s leading provider of VA home loans.

If anyone wants to go look at homes on Saturday, Dan is available from 10am til 1pm…Let me know! 732-251-0679

Current Mood: Esctatic

Hi,

I’m excited to tell you about my mobile real estate app that provides instant access to homes for sale and recent sales in your neighborhood all from the convenience of your cell phone!

My app works on standard cell phones and smart phones and is FREE!

Search all MLS listings and view prices, square footage, taxes, features, maps,
pictures and more! The “Call” feature will connect you to me if you have questions.  It’s easy to download my app.
Here are two ways:

1. Visit my website
Go to my website http://mobile.remax-nj.com/dboz and enter your cell phone number. (Your number is only used to send you the app.)

2. Use my text code
to send the app to your phone.
Text: DBOZ to:  87778

You will receive a text message with a link to download my app.

If you need help downloading my app, please call my technical support team at Smarter Agent at 856-614-5423. If you haven’t used a text code or downloaded an app before, this is a great time to learn how! 

Then, the next time you’re wondering what’s for sale or what just sold – open my app and all the information will be at your fingertips.

Regards,

Daniel Bozza
RE/MAX Central

Http://www.callmehome.com

732-251-7757

Dan Bozza Mobile Web

Special Thanks to all who sent cards and online well wishes!  I am fully recovered and hoping to end the year strong!

Our Newest Family Member!  Annie born  10/14/2008 She is a Wauzer…(Westie/Mini Schnauzer)