Homes in Nutley Are Selling How Fast?

Yep, Homes in Nutley are selling in 1 Day! in some occassions, my listing at 120 Conover Rd in Nutley was on the market for one day with multiple offers! The Real Estate Market in Nutley New Jersey is White Hot these days when you see a good property at a good price in town you have to jump on it.

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    The Art of Selling A Home in Nutley

    There is more to selling a home than just putting it on the MLS and throwing a sign in front of the house, I believe there is an “Art” to selling a home, anywhere. I like to approach each home as its own project or marketing campaign I like to show the homes best features and every detail that makes the home different each home has a unique personality from the kitchen counters to the basement stairs i look at every angle every detail and I like to enhance it and promote it to a future buyer. It all starts with the walk through when a potential sellers calls me I like to meet see the home find it’s strong points and its weak points, what I think buyers in this current market are looking for how they will react and so on. Then onto the staging, I believe staging plays such a crucial role in the planning and selling of a home. I have taken on listings that were listed before and never sold I have taken then staged them and photographed them my way and had the homes sold withing a 2 month period, it’s all about perception and how you present the home to the buying public and also how well you price the home for the area. One I have a home photographed and price well then the fun begins on to the marketing part, sending it out to my database, listing it on multiple MLS sites and hundreds of websites and blogs that I personally maintain. So yes I do believe there is an art to selling a home have a great weekend and a great Memorial Day!

    Matt

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      Sunny Outlook May Motivate Nutley County Buyers, Sellers

      Home Prices Rising in Nutley New Jersey

      Home prices rising in Nutley NJ

      Throughout the winter, analysts and industry experts said the housing market in Nutley NJ would regain its strength this spring and summer. Now, according to the most recent National Housing Survey from Fannie Mae, a combination of rising consumer confidence and an improving job market may be about to prove them right. The survey polls 1,000 Americans each month to gauge their attitudes toward homeownership, price changes, the economy, their personal financial situation, and overall consumer confidence. The most recent survey found the number of respondents who said they think now is a good time to sell a house at a record high, while the number who were concerned about losing their job hit a record low – both encouraging signs. Doug Duncan, senior vice president and chief economist at Fannie Mae, said consumer confidence is moving in a positive direction. According to Duncan, the optimistic results are in line with Fannie Mae’s forecast of increased housing activity and gradual strengthening of the housing market this spring and summer selling season. Also among the results, 69 percent of participants said they felt now is a good time to buy a home. More here.

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        With Rates & Prices on the Rise, Do You Know the True Cost of Waiting to Buy A Home in Nutley NJ?

        Waiting to buy  a home in Nutley NJ?

        Buying A Home in Nutley NJ

        We, at KCM, have often broken down the opportunity that exists now for Millennials who are willing and able to purchase a home NOW… Here are a couple other ways to look at the cost of waiting to buy a home in Nutley NJ.

        Let’s say you’re 30 and your dream house costs $250,000 today, at 4.41% your monthly Mortgage Payment with Interest would be $1,253.38.

        But you’re busy, you like your apartment, moving is such a hassle…You decide to wait till the end of next year to buy and all of a sudden, you’re 31, that same house is $270,000, at 5.7%. Your new payment per month is $1,567.08.

        The difference in payment is $313.70 PER MONTH!

        That’s like taking a $10 bill and tossing it out the window EVERY DAY!

        Or you could look at it this way:

        • That’s your morning coffee everyday on the way to work (Average $2) with $12 left for lunch!
        • There goes Friday Sushi Night! ($80 x 4)
        • Stressed Out? How about 3 deep tissue massages with tip!
        • Need a new car? You could get a brand new $22,000 car for $313.00 per month.

        Let’s look at that number annually! Over the course of your new mortgage at 5.7%, your annual additional cost would be $3,764.40!

        Had your eye on a vacation in the Caribbean? How about a 2-week trip through Europe? Or maybe your new house could really use a deck for entertaining.  We could come up with 100’s of ways to spend $3,764, and we’re sure you could too!

        Over the course of your 30 year loan, now at age 61, hopefully you are ready to retire soon, you would have spent an additional $112,932, all because when you were 30 you thought moving in 2014 was such a hassle or loved your apartment too much to leave yet.

        Or maybe there wasn’t an agent out there who educated you on the true cost of waiting a year. Maybe they thought you wouldn’t be ready, but if they showed you that you could save $112,932, you’d at least listen to what they had to say.

        They say hindsight is 20/20, we’d like to think that 30 years from now when you are 60, looking back, you would say to buy now in Nutley

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          Where to Look for Hidden Gems in Nutley Real Estate

          Pricing a home in Nutley is more art than science.

          Get beyond the standard information you can search online like square footage, bedrooms, bathrooms, year built, etc. Homebuyers in Nutley should be on the lookout for some of these hidden gems that may undervalued (or not even included) in the listing price.

          We asked the ActiveRain community to tell us what they thought were some of the hidden gems in real estate, it’s no surprise that some people thought certain features ‘a waste of money’ while others thought the exact same feature ‘worth every penny!’

          But at the end of the day, Nutley real estate professionals are in agreement, there are certain hidden gems in a home that have the potential to add long term value for a buyer and might not be actually reflected in the selling price.

          This community sourced data, which we turned into an infographic, allows a buyer to look beyond the obvious things that affect price and identify hidden gems that could add value to the next home they purchase.

          Nutley Real Estate

           

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            Buying An Older Home in Nutley Scared Frustrated Not Sure About Cost of Repairs if Any Could Break The Family Bank

            Buying an older home in Nutley

            Tips for Buying an Older Home in Nutley NJ

            Many consumers seek out older homes, such as Victorians and English colonials, for their beauty, space and rich history. When it comes to buying a home that was built decades ago, it’s important to examine the house more closely than a newly-built property. Older homes may have different electrical systems, tanks and even paint that may need to be updated before moving in.

            There are several solutions to the most common issues homeowners run into after purchasing an older house.

            Hire an inspector

            The electrical and tank systems in older homes may be outdated, so it’s important for new homeowners to hire a professional to examine these systems. Many rubbers that were used in the original wiring of electrical systems may corrode over time, and a professional will be able to tell if new wiring is needed. Common signs of wire corrosion or abrasion include dim or flickering lights, fuses that frequently cut out, frequent electrical shocks and strange sounds or smells coming from outlets, MSN Real Estate reports. If electricians find potential issues, they can install new safety upgrades to the home at minimal costs.

            In addition to older electrical systems, some homes’ heating may also run on oil fuel. It’s important to make sure oil tanks, which are typically located in basements or underground in the yard, are functioning properly and not leaking. Common signs of leakage can be detected by inspecting the area near the tank for oil spots. In addition, it’s important to find out how old the tank is, as most should be replaced every 10 to 15 years. For tanks that are located underground, it may be best to hire a professional who has more expertise and the tools to examine it.

            The cost to replace tanks vary by several factors, including size and location, however there are several sources of financial assistance offered by states to help cover the costs.

            Repaint your home

            Lead paint was popular during the early 1900s, and many older homes may still have their original paint jobs. In cases where the paint is intact and not flaking or peeling, homeowners can simply paint over it. In instances where the paint is showing signs of wear and peeling, the old paint needs to be removed before it’s painted over.

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              How to Price Your Home for Sale in Nutley

              How to Price Your Home for Sale in Nutley

              Selling A Home in Nutley

              A lot goes into selling a home in Nutley, but one of the first questions many owners ask themselves before placing their home on the market is how to price their property. One of the most effective ways owners can set a price is by having their home appraised to determine the market value of their property. Hiring a professional to appraise a home can help owners avoid pricing their houses too high or low, and turning off potential buyers.

              Find a qualified appraiser

              Homeowners can contact an appraisal management company to send out a qualified appraiser to assess the value of a home. However, sellers should specify that they prefer an appraiser who is familiar with the local market, according to AOL Real Estate. While a professional will focus primarily on the home, its features and any flaws or needed repairs it needs, it can be to a homeowner’s benefit to have an appraiser that knows what the homes in a town or surrounding neighborhood are going for.

              Home values can vary greatly by community, so homeowners should take the appraiser’s opinion as well as the market forces in their particular neighborhood into consideration when setting a fair price. A real estate agent in Nutley  can guide you through this process.

              Prepare in advance for the appraiser’s visit

              The appraisal process is similar to that of a home inspection. The professional will need access to every area of the home to pinpoint high-value features, potential issues with the house and other factors that will drive its overall value. For this reason, it’s important to declutter the home and make it easier for a professional to work.

              In addition, curb appeal might affect an appraiser’s assessment, so it’s also important to tend to the outside of the home. A well-manicured lawn, trimmed trees and bushes and a flower bed that has been well cared for can have the same positive effect on an appraisal as it does for potential buyers. In addition, it can be helpful to have a list of recent improvements, upgrades, renovations and other updates that have been made to the home since it was first purchased.

              Lastly, keep in mind that an appraiser’s assessment should be used a guide for setting the home price in Nutley, not a concrete figure. In special circumstances, home sellers may ask for a higher or lower price, and it’s important that they take a variety of factors into consideration when putting their home on the market.

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                The Ultimate First Time Homebuyers Guide

                First Time Home Depot

                Taking the step from renter to homeowner is one of the most empowering and memorable moments in a person’s life. Before investing savings and committing to a mortgage agreement, however, it’s important to thoroughly inspect the home you want to buy and to understand the extent and cost of renovations it may need.

                This resource guide, compiled by a team at The Home Depot, is designed to assist first-time homebuyers through the process of evaluating a home’s condition and understanding some of the most common repairs and renovations a house may require. The guide spans topics that include foundations, roofingplumbingheating and cooling and the electrical system.

                What to Look For During Your Home Inspection

                From the foundation to the roof to the electrical system, understand the basics during your walkthrough.Click Here

                1. Is the home structurally secure?

                CB 1Homebuyers Guide House with Magnifying glass The Ultimate First Time Homebuyers Guide

                DIY Home Inspector Checklist: 25 Places to Watch
                Before signing a contract, look out for the most common (and costly) problems. Click Here

                Six Signs that the Home Could Be a Lemon
                Look out for common signs of hidden major problems. Click Here

                Signs of Foundation Problems to Look Out For
                A home without a solid foundation can be a serious money pit. Click Here

                How to Assess the Severity of a Home Foundation Problem
                Notice cracks or fissures? Evaluate the extent of the damage before proceeding. Click Here

                Identifying Termites and Termite Damage
                These pests can be tough to eradicate, and they can literally eat you out of house and home. Click Here

                Look Out for Mold and Moisture
                Established mold can affect your family’s health and require extensive renovations. Click Here

                How to Inspect Vinyl Siding
                Vinyl is affordable and attractive, but can hide damage underneath. Click Here

                2. Do You Have a Solid Roof Over Your Head?

                CB 2 Homebuyers Guide Roof The Ultimate First Time Homebuyers Guide

                Evaluate the Condition of the Roof
                From curling shingles to buckling, roof issues may be part of your negotiation process. Click Here

                Seven Signs That You Need a New Roof
                Look out for these common issues atop your new home. Click Here

                How to Find (and Fix) Leaks in a Roof
                Don’t be caught off-guard by the first rainstorm in your new home. Click Here

                How to Replace a Roof – VIDEO
                Understand what it takes to repair and replace your new home’s roof. Click Here

                3. Big Ticket Plumbing Issues to Inspect

                CB 3 Homebuyers Guide Rusty Pipe The Ultimate First Time Homebuyers Guide

                Home Plumbing Inspection Checklist
                Get the big picture of how water flows through the home. Click Here

                How to Check for Hidden Leaks in Your Home’s Plumbing System – VIDEO
                Are your pipes watertight? Click Here

                Warning Signs of a Water Leak In Your Home – VIDEO
                Look out for telltale indications of potentially drastic plumbing problems. Click Here

                Is There a Clog in Your Main Sewer Line? (Outbound flow of water)
                Ensure that your wastewater has a clear path out of the home. Click Here

                Is There a Problem With Your Inbound Flow Causing Low Water Pressure?
                Nobody likes a shower without enough water pressure. Click Here

                Does the Water Heater Need to Be Replaced?
                Reliable hot water is a necessity that should come with a home. Click Here

                4. Check the Heating System

                CB 4 Homebuyers Guide Fixing a Furnace The Ultimate First Time Homebuyers Guide

                Heating System – Check for Safety and Performance
                What type of heating system does the home have? Click Here

                Check That the Furnace Works Properly
                Don’t buy a house during summer and be caught in the cold in the winter. Click Here

                Furnace Troubleshooting Checklist
                Some furnace issues may require only a quick fix — others could affect the sale price. Click Here

                Buying an Older Home? How to Troubleshoot a Hot Water and Steam Distribution System
                Make sure you have a qualified repairman before purchasing an antiquated system. Click Here

                How to Troubleshoot a Forced Air Distribution System
                If you have hot air but no flow, the problem may only be the fan. Click Here

                5. Check the Cooling System

                CB 5 Homebuyers Guide Cooling System The Ultimate First Time Homebuyers Guide

                Check That the HVAC System Works Properly
                Replacing an HVAC is expensive — make sure yours will last for years to come. Click Here

                Do You Need to Replace the A/C Unit?
                Educate yourself to negotiate a new system if the existing one is failing. Click Here

                Central Air Conditioning System Inspection
                Gauge the condition and lifespan of the existing units. Click Here

                Air Conditioning / Heat Pump Repair Guide
                Oftentimes a repair can add years to a system’s lifespan. Click Here

                6. Check the Home’s Energy Efficiency

                CB 6 Homebuyers Guide Caulking The Ultimate First Time Homebuyers Guide

                Conduct a Home Energy Assessment – VIDEO
                How much power will the home require? Click Here

                Are the Doors and Windows Tightly Sealed?
                Find gaps in your home’s seal before being stuck with a hefty heating and cooling bill. Click Here

                Look for Efficient Window Treatments
                Is the home designed to maximize energy efficiency? Click Here

                Gauge the Home’s Energy Yardstick to Measure the Building’s Energy Efficiency
                Get the big picture of what you can expect to spend each year on power. Click Here

                7. Is the Electrical System Up to Code and Sufficient for Your Needs?

                CB 7 Homebuyers Guide Electrical The Ultimate First Time Homebuyers Guide

                Conduct a Basic Home Electrical Safety Check
                Look for signs of faulty wiring that could lead to a fire. Click Here

                How to Conduct a Home Electrical System Inspection – VIDEO
                Ensure that the wiring is solid and reliable. Click Here

                Is the Electrical System Up to Code?
                Don’t buy a house with wiring that doesn’t meet current standards. Click Here

                10 Wiring Problems Solved
                Many electricity issues can be quickly fixed — others require a major overhaul. Click Here 

                Determining the Capacity of a Residential Electric Service
                Will the home meet your anticipated power needs? Click Here

                8. Is the home prepared for a natural disaster or severe weather?

                CB 8 Homebuyers Guide Natrual Disasters The Ultimate First Time Homebuyers Guide

                What Do You Need to Make Sure Your Home is Ready for a Storm?
                Be confident that the house can withstand high winds. Click Here

                Are There Steps in Place to Avoid a Home Fire?
                Check that the home is not at unnecessary risk for a fire. Click Here

                Are You Ready for a Flood? How to Install a Sump Pump
                Invest in a pump to avoid devastating damage from a flood. Click Here

                For more great tips check out The Home Depot on Facebook and Twitter.

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                  Diwali at Home in Nutley

                  Diwali at home

                  Holiday Cheer, Festive Air, Season’s Greetings – no, it’s not Christmas yet – it is another holiday – Diwali (or Deepavali) – the Festival of Lights celebrated by millions of Indians – this weekend on Nov 2nd and 3rd.

                  Growing up in India, this time of the year was special for me. It was in the air, all around me. Everyone was in the holiday spirit. Stores were all decked up, lots of gift-shopping, homes being cleaned and decorated! Stressful as it was, I was always filled with a sense of warmth and joy. It was a time of celebration – for all the things I have in my life, family and relationships, my Home! The kitchen became the warmest place (pun intended) in the weeks leading up to Diwali. My mom would churn out these delicious treats – sweet and savory…Mmmm, I can taste it even today.

                  Half way across the world and many years later, I am feeling the warmth in my own kitchen as I prepare to celebrate Diwali this weekend. Notwithstanding the fact that my efforts last night were disastrous (and I am going to try and fix that tonight!), I am keeping traditions alive.

                  My home will light up this weekend with Diyas (earthen lamps) and my front porch will have Rangoli, as will millions of people across the world. I will welcome happiness and prosperity into my home and pray that it sustains through the New Year. I will celebrate with family and friends with lots of food and gifts. No other time of the year says home, family, and tradition to me more than this holiday. Sound familiar?

                  From our home to yours – here’s wishing everyone peace, joy and cheer all year long.

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                    Easy Ways to Improve Your Chances of Selling Your House in Nutley

                    Selling A Home in Nutley requires you to pay attention to how a property appears to buyers. Improving curb appeal, keeping the home tidy and making it look fresh and modern can attract more potential buyers and may result in a quick and easy home sale.  There are several tasks homeowners may undertake to prepare their homes for a sale that require them to spend money. For example, making repairs or home improvements, hiring a home inspector to assuage buyer concerns and improving a property’s curb appeal are common among sellers.

                    However, there are several other low-cost but equally important tasks sellers should take that carry a great deal of importance.

                    Rid the home of unsightly features or scents

                    badsmell Easy Ways to Improve Your Chances of Selling Your House

                    Walking into a home that smells odd or foul can quickly turn a buyer the other way.  In some cases, homeowners may be accustomed to the smell of their home and not even realize that it may smell off to outsiders. For example, individuals who have cats may grow used to the odor of their cat’s litter box, and smokers may be oblivious to the scent of cigarettes. Other smells may be less subtle, such as the scent of a dusty basement. It’s important to purge a home of these odors by doing a thorough cleaning. To avoid the overpowering smell of cleaning supplies, use non-odorous products and light soft-scented candles.

                    In addition, it’s also important to remove unsightly objects or features from view. For example, many homeowners with pets overlook litter boxes, dog beds and chew toys during the showing. On the same topic, pet hair all over the house is also a turnoff.

                    Owners with chipped paint, old wallpaper or holes and scratches in the walls should also update these features before a showing. The same goes for thoroughly cleaning carpets and countertops to remove stains.

                    Out with the old, in with the new

                    Making small purchases to freshen up a home is another cost-effective way to entice more buyers. For example, toss out old bed comforters, place mats, kitchen rugs and hand towels. Replace them with new and brighter additions to spruce up the room. In addition, simple tasks, such as replacing older light bulbs and washing windows, can add more brightness and shine to a room.

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