Presentation details the current federal tax credit for buyers and sellers.

1. “ The New, Improved Tax Credit” A complimentary Market Update Seminar hosted by Weichert, Realtors ® Each WEICHERT® franchised office is independently owned and operated. Learn about the new, improved Federal Tax Credit and why experts believe now is the time to buy. Weichert, Realtors ® Princeton Office 3/11/10

4. Josh Wilton, Manager Is Now the Right Time to Buy a Home?

5. What are you hearing about the real estate market? Is Now the Right Time to Buy a Home?

8. A Great Time to Buy a Home First-time homebuyers can receive a tax credit up to $8,000! NEW TAX CREDIT Current homeowners may be eligible for a tax credit up to $6,500!

10. The NEW First-Time Buyer Tax Credit Amount 10 percent of the cost of the home, not to exceed $8,000 Property Any home that will be used as a principal residence including single-family homes, condos, townhomes and co-ops; not to exceed $800,000 Refundable Reduces income tax liability for the year of purchase Income Limit Adjusted gross income of $125,000 for single or $225,000 for joint tax returns INCREASED (Effective Nov. 7, 2009) ! First-Time Must not have owned a principal residence in three years prior to purchase Limitation If home is sold within three years of purchase, entire amount of credit is recaptured Effective Date Purchases with closing/settlement between Nov. 7, 2009, and June 30, 2010 EXTENDED ! Deadline Written binding contract on or before April 30, 2010, with closing/settlement by June 30, 2010 EXTENDED !

11. The NEW Current Homeowner Tax Credit Amount Up to $6,500 Eligibility Must have used the home sold or being sold as a principal residence consecutively for 5 of the previous 8 years Purchased Home Any home that will be used as a principal residence including single-family homes, condos, townhomes and co-ops; not to exceed $800,000 Refundable Reduces income tax liability for the year of purchase Income Limit Adjusted gross income of $125,000 for single or $225,000 for joint tax returns Recapture If home is sold within three years of purchase, entire amount of credit is recaptured Effective Date Purchases with closing/settlement between Nov. 7, 2009, and June 30, 2010 Deadline Written binding contract on or before April 30, 2010, with closing/settlement by June 30, 2010

12. Tax Credit FAQs

17. Any Other Questions?

24. Jeff Smith How Much House Can I Really Afford?

25. Your Buying Power Today Higher supply of homes on market Historically low interest rates + = Your best opportunity in years to afford your dream home Many financing solutions available +

28. Town 07 Inven Count 07 Pending Sales (prev 30 days) 07 Absorb Rate 08 Inven. Count 08 Pending Sales (prev. 30 days) 08 Absorp. Rate 09 Inven. Count 09 Pending Sales (prev. 30 days) 09 Absorp. Rate (months) 10 Inven. Count 10 Pending Sales (prev. 30 days) 10 Absorp. Rate (months) Pton. Boro 38 3 12.6 50 1 50 44 2 22 27 1 27 Pton. Twp. 107 5 21.4 111 13 8.53 107 6 17.8 95 9 10.5 W. Windsor 134 21 6.3 125 14 5.95 135 9 15 108 23 4.7 Lawrence 185 10 18.5 191 17 5.35 157 16 9.8 207 31 6.7 East Windsor 187 19 9.84 196 22 8.09 191 15 12.7 117 16 11 Ewing 199 11 9.84 235 15 15.6 205 12 17 227 31 7.4 Hopewell Twp. 168 11 15.2 134 14 9.57 123 7 17.5 148 9 16 Cranbury 19 4 4.47 35 0 99 26 1 26 24 1 24 Plainsb. 121 12 10.08 104 15 6.93 86 8 10.7 70 14 5 S. Bruns. 201 26 7.73 192 22 8.75 206 14 14 148 14 8 Montgom 141 22 6.4 122 17 7.17 128 8 16 113 18 5 Hamilton 433 63 6.8 552 50 11.04 519 49 10.5 511 68 8 Franklin 379 72 5.2 453 58 7.81 347 32 10.8 404 23 9

29. Closed Homes Snapshot: 2007 2008 2009 Princeton Boro 87 72 61 Princeton Twp. 211 163 157 West Windsor 371 299 303 Lawrence 383 285 305 Hopewell 226 191 153 Plainsboro 273 214 231

30. Open House Traffic Snapshot by Town/ Price

31. Interest Rates Remain Low Source: Freddie Mac Average annual rate (30-year fixed-rate mortgage)

32. The Effect of Interest Rates on Buying Power Source: Weichert Financial Services. Based on a 30-year fixed rate mortgage, including 20% down payment.

33. Source: Weichert Financial Services. Based on a 30-year fixed rate mortgage, including 10% down payment. The Effect of Interest Rates on Buying Power

34. Source: Weichert Financial Services. Based on a 30-year fixed rate mortgage, including 20% down payment. The Effect of Interest Rates on Buying Power

35. Source: Weichert Financial Services. Based on a 30-year fixed rate mortgage, including 10% down payment. The Effect of Interest Rates on Buying Power

36. Source: Weichert Financial Services. Based on a 30-year fixed rate mortgage, including 20% down payment. The Effect of Interest Rates on Buying Power

37. Source: Weichert Financial Services. Based on a 30-year fixed rate mortgage, including 10% down payment. The Effect of Interest Rates on Buying Power

38. Source: Weichert Financial Services. Based on a 30-year fixed rate mortgage, including 20% down payment. The Effect of Interest Rates on Buying Power

39. Source: Weichert Financial Services. Based on a 30-year fixed rate mortgage, including 10% down payment. The Effect of Interest Rates on Buying Power

40. Source: Weichert Financial Services. Based on a 30-year fixed rate mortgage, including 20% down payment. The Effect of Interest Rates on Buying Power

41. Source: Weichert Financial Services. Based on a 30-year fixed rate mortgage, including 10% down payment. The Effect of Interest Rates on Buying Power

45. Josh Wilton What Will My Real Estate Agent Do For Me?

52. What Will a Real Estate Company Do For Me? Weichert Family of Companies

53. Making Your Purchase as Smooth as Possible Buying a home involves the careful coordination of many people. Choosing a real estate team you can count on can make the process smoother and easier.

54. Your Weichert Team Like trusted friends, your Weichert Sales Associate, Gold Services Manager, and the Weichert Family of Companies will be with you every step of the way!

57. There has never been a better time to let Weichert help you buy your new home! Lets get started. Schedule your buyer consultation today!

58. Good Luck with your New Home!