Every home-buyer in New Jersey or any other state for that matter who intends to obtain a mortgage loan to purchase a property with a mortgage needs to be familiar with the language in a standard real estate contract that relates to “Loan Conditions.” Most if not all standard real estate contracts have some type of mortgage contingency clause [...]
Continue Reading →This week, Bloomberg reported: Homeowners with mortgages of more than $1 million are defaulting at almost twice the U.S. rate and some are turning to so-called short sales to unload properties as stock-market losses and pay cuts squeeze wealthy borrowers. (I need clarification on what is the rate of default as I have read it’s 1 in [...]
Continue Reading →First, let us for say that these are not our words. The above title is actually an article that was published in Business Week, several days ago.I briefly reviewed the comments section and several commenters wanted the author to re-exam his life, his head, his thought process.
I for one think of [...]
Continue Reading →Mortgage refinancing can be a nerve wracking situation for any homeowner. It doesn’t matter how much equity you have in your home or what your credit is like, whether or not you overpay for the loan depends on how much time you can invest doing your homework and researching mortgage offers. Here are several tips [...]
Continue Reading →Just Sold Essex County NJ November 2009: Median List and Sales Price for individual towns. Use this information as a quick snap shot of property values in your area. For a no free, email home assessment, please click here. Fill out the form with your property details and we will email you 3 [...]
Continue Reading →Just Sold Union County NJ November 2009: Median List and Sales Price for individual towns. Use this information as a quick snap shot of what your home may be worth. For a no obligation, free, near instant, email home assessment, please click here. Fill out the form with your property details and we will [...]
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- Weichert, Realtors
- Audeliz Angie Perez
- 123 Lincoln Highway
- Edison, NJ 08820
- Office: 732-494-6800
- Fax: 732-603-9626
- Cell: 973-715-6210
