Articles for Buyers
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 [...]
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 [...]
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 [...]
Top 5 Home Buyer Tips for 2010
Everyone knows that in the real estate business the good houses sell fast or faster than the less desirable homes. Here are 5 simple tips to follow to help you be the first person or party to buy a good home.
Home Buying Costs What You Can Expect To Pay
Saving funds for a down payment should be part of an overall program to get your finances in order prior to shopping for a home. This includes rounding up financial records, examining your spending habits, and setting a budget you can live with. Remember, too, that the down payment is not the only up-front expense. [...]
Buying a House is Not an Investment
Buying an house is not an investment, or is it? According to Peter Schiff, a financial news commentator, stock broker, author, economist and president of Euro Pacific Capital, buying a house is an investment in some form, but not like how most people describe real estate investing. Here’s a synopsis:
Real Stories, Real People-First Time Home Buyers Tips
As a NJ Real Estate Salesperson, I encounter a number of couples, who like the first time home buyers in the video above, often think or feel that a 3 bedroom home in a town they desire is outside of their price range or even within their grasps, which is so far from the truth. [...]
Craigslist Scams Buyer Beware
My best friend is looking to rent an apartment in North Jersey. She started her search on Craigslist, which happens to be a free, local classified listing system (duh, as if you didn’t know this already). It is a classified listing system that people have come to rely on since it’s free and easy to use. Thus, it is one [...]
Google Maps A Bold New World For Real Estate Search or NOT-You Decide
Searching for homes on popular real estate search engines like Trulia.com, Realtor.com, Homes.com, and Zillow among many others is one thing, but to do so directly from Google is Awesome! The catch though is that google’s real estate search is for lack of a better word: glitchy.It is a good first attempt but after spending [...]
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