Gilbert Lopez's Q&A

Sunnyview is correct in that based on the facts as you have provided them - you do not qualify for the 1st time home buyer credit.  Also, you do not indiciate if you intend to put your condo on the market or not.  Unless you have other funds available to you, you should also be looking to engage the services of a listing agent to help with the sale of your condo.  When looking to sell and purchase , the first step is to list your home.  You do not want to find a property and make an offer subject to the sale of your current home.  That puts you in a competitive disadvantage with other buyers.  Also if you make an offer on a property you may likely feel pressured to accept a lower-than-market offer on your condo just to get the deal done.

Annmare:I service the Woodbridge/Edison&Metuchen markets.  I would be happy to assist you.  I would need some additional information in order to do a proper job for you.  Gil LopezPrudential New Jersey Properties908-510-0639 Cell732-494-7677 x417 Officegil.lopez@prudentialnewjersey.com e-mailhttp://GilLopezRealtor.com website

These two zip codes are part of Edison, TWP in Middlesex Co NJ.  Both areas are readily accessible to many of the major thoroghfares in NJ.  The NJ Transit Rail Line which goes into NY has two rail stations close to these areas.Zip code 08817 is the large geographically of the two and is cosidered to be in South Edison.  Zip code 08837 contains two of the older sections of Edison - Historic Clara Barton and Bonhamtown.In terms of housing, in 2008 (per Middlesex Co MLS) therre were 194 single family homes sold in 08817 while 70 were sold in 08837.  the average list price for both areas was $359k while the average sale price in both was approx $341k.there is alot of information available for these areas, so if you could be more specific about your request, I would be in a better position to help you.  In the meantime the following link is to the Edison TWP website which has some information on the township which also includes zip code 08820 (North Edison)..Edison TWP