What Is Attorney Review About?

Posted by & filed under Buying, For Sale or Rent, Selling.

What is Attorney Review about?  While I’m not an attorney, I’ll explain it from a real estate agent’s viewpoint.  Only an attorney can fully explain the legalities on this. Because so many home buyers and sellers don’t understand this at all, I thought an agent review would help you.  Again, only an attorney can properly advise and explain this. Buying A Home in New Jersey Buying a home in New…

Selling Your Home? Getting Your House Ready

Posted by & filed under Selling.

Selling your home?  Getting your house ready is a big part of your success.  Let’s start with condition. You’ve probably heard that it’s a seller’s market because Bergen County homes are in high demand.  While this is true it also misses the point. The only thing that matters is how much you get for your house.  Condition will lift you high or devastate you in any real estate market.  So…

Selling Your Home? Don’t List It Today

Posted by & filed under Selling.

Selling your home?  Don’t List it today. You’ve decided to move.  You’ve waited for spring.  It’s April 1st, spring is here so you put your home on the market for sale.  And nothing happens.  What’s wrong?  Is this an April Fool’s nightmare?  Not really but it is a marketing mistake. Timing is important.  Putting your home on the market at the wrong moment can have devastating effects that reduce your…

Due Dilligence in Buying and Selling A Home in Bergen County

Posted by & filed under Buying, Selling.

Due diligence in buying and selling a home in Bergen County makes or breaks you. Let’s be honest.  Not all real estate agents do their job correctly and not all homeowners give their agent correct information. Owners forget and agents are at times sloppy.  It’s easy to make a mistake but it’s never acceptable. If you are selling or buying a home, undisclosed problems can be devastating.  When found after Attorney Review and…

Fire Code Inspections When Selling Your House

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Fire Code Inspections When Selling Your House New Jersey requires all residential properties being sold or rented to have fire code inspections.  Required are smoke detectors, carbon monoxide detectors and a fire extinguisher.  Smoke and carbon monoxide detectors can be battery operated for resale properties but new construction needs them permanently wired into the electrical system. Both smoke and carbon monoxide detectors must be within 10 feet of all bedrooms.  Smoke detectors…

Selling A Home? Get A Pre Listing Inspection

Posted by & filed under Selling.

A major source of stress for people who are selling their home is the home inspection.  No matter how well you’ve maintained your house, there can be unpleasant surprises.   It’s smart to pre-empt a buyer by doing a pre listing inspection before the home is listed for sale. Buying a home is often the biggest purchase buyers make in their lifetime.  Home inspections are additionally stressful for buyers because most are ill…

Home Inspections in New Jersey and ASHI.org

Posted by & filed under Buying, Selling.

Home Inspections in New Jersey Home inspections are a key part of buying a home.  While there are people who advise eliminating home inspections when you are faced with a multiple bid, I never advise this.  Even if the home is new construction, it’s best to have the guidance of a professional home inspector. In New Jersey, home inspectors are licensed by the State but there’s also another resource for…

Fannie Mae and Freddie Mac Are Easing Jumbo Mortgage Terms

Posted by & filed under Buying, Selling.

Fannie Mae and Freddie Mac buy mortgages which means that they guarantee them. Without the backing of Fannie and Freddie, mortgage lenders have to find other investors to sell their mortgage loans to and those investors charge more so interest rates are higher. Fannie and Freddie backed mortgages are called conforming; the others are called jumbo. The limit on a conforming mortgage is $417,000 but that is about to change….

How to Handle the Bergen County Housing Market

Posted by & filed under Buying.

“How’s real estate and what should I do?” I am receiving so many calls and messages like this that I thought I should post some answers. It seems that real estate is on everyone’s mind lately.  Let’s find out how to handle the Bergen County housing market. Here’s something to consider: A primary motivating factor for most people is simply because it was the right time. So ask yourself this…