Author Archive
Not Another Craigslist Real Estate Rental Scam
There was a time when addresses where not placed on listings of homes for sale or on rentals when advertised on various websites. Those days are long gone with a number of big name real estate search engines or real estate websites featuring property addresses on both homes for sale and rental listings. Just recently [...]
5 Year Real Estate Report of Union NJ
The problem with forecasting the real estate market in any town or city in NJ is that we rely on the past to show us what the future may hold. Yes, I know real estate is all about cycles, but the most recent past has had several government subsidies, programs or incentives to prevent the housing [...]
Top 10 WordPress Plugins for Real Estate Agents
If you are a Tech Savvy Agent in the real estate sales business today, you know and understand how important it is to establish your Internet presence. As I am typing this, in the back of my mind, I can hear my broker saying. . . .”90% of all _____________ start their home search ______________” [...]
A Seller’s Recipe for Success
Fresh (Good) pictures, accessibility to the property, the right price is the best recipe for seller success. Pictures are worth a $1000 dollars. Houses like people have their good picture taking days and their bad days. I have shown a number of houses that almost didn’t get any “buyer love” because of bad pictures. Before [...]
When should you refinance?
Refinancing your home can be an excellent way to bring down your monthly mortgage payment, raise cash, or consolidate debts with high interest rates. However, you need to do your homework before deciding to refinance. One important factor is the difference between current interest rates and the rate of your original loan. You also need [...]
Purchasing Power First Time Home Buyer Advice
How to Determine Your Home Buying Purchasing Power Understanding how much house you can afford is the first step when it comes to buying a home. Determining your purchasing power is something you should do even before you start looking at potential houses. Depending on your individual situation, your budget can affect everything from the [...]
Not all Buyers Are Thrilled to Have the Closing Date Extension
Immediately after hearing the news of the senate’s intention to extend the closing date of the expiring home buyer tax credit from June 30, 2010 to September 30, 2010, njretoday.com, received an flood of emails from angry buyers who were in the market back in April 2010, but through no fault of their own, were [...]
Extending the tax credit deadline September 2010
[Update June 2010] Possible September 2010 Extension to Home Buyer Credit as Builders and Home Owners Struggle to Complete Home Transactions by June 30 2010 Tax Credit Deadline From Investtosave.com Construction crews are working around the clock to meet tight deadlines to finish houses by the end of June so purchasers can get a federal [...]
Paying Points on a Mortgage Loan in Plain English
When it comes to comparing interest rates for a mortgage loan, homebuyers often have the option of choosing a loan with a lower interest rate by paying points. Simply put, a point is equal to 1 percent of the loan amount. For example, with a $100,000 loan, one point equals $1,000. Points are usually paid [...]
After Tax Credit News-NJ Considers New Income Tax Credit of $15,000
State legislators recently began considering a law that would give buyers an income tax credit worth $15,000 or 5 percent of the home purchase price, whichever is less. The state Assembly approved that measure late last month. If it is passed, the credit would be distributed over a 3 year period on a 1st-come, 1st-serve [...]
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