Foreclosure Trends in New Jersey and more….

Related Blogs

    Search For Bank Owned & Short Sales in New Jersey

    Related Blogs

      Want to Buy a Short Sale or Foreclosed Home in Nutley, Essex County?

      So do you want to buy a short sale home in New Jersey, these deals can be very complex, Short sales may take sometimes 6months to a year to get a bank approval while totally owned bank homes can be closed within a 30 day period. The difference between a distressed property sale and a regular retail sale is when buying a bank owned home or short sales the buyer is usually responsible for all town occupancy requirements and you are truly buying the home “AS IS” no repairs will be made by the bank etc. If you are truly interested in buying a Bank Owned Home or Short Sale give me a call and I can explain the whole process to you.

      Related Blogs

        How long should a pre-approval for home loan take?

        If you are dealing with an experienced mortgage representative who uses an automated approval system, it should only take a few minutes to get a pre-approval. However, if your lender is not using the most up-to-date automated systems, pre-approval for a home loan could take a few days. The automated system takes all of your income, debt and asset information and enters it into their computer. The pre-approval process is usually pretty fast as long as the loan officer is certified to use the DU underwriting system (automated underwriting). The final loan approval comes once you have an actual property and then the lender re-verifies all of the property, income, debt and asset information. Read More >>

        Related Blogs

          Growing Green: Landscaping Ideas to Sell Your Home

          When selling a home, your home’s landscaping could be your best advertisement. If potential home buyers are excited by your home’s curb appeal, you will have a better chance of getting them inside to tour your home and eventually make an offer. Home staging services and real estate agents agree that curb appeal is of utmost importance when selling a home, so be sure to create an effective plan for your property by using the following landscaping ideas to sell your home READ MORE >

          Related Blogs

            How Do I Calculate the Value of My Home?

            What is the fair market value of my home?

            These are two very common questions when people are considering selling a home. Talk to any real estate agent, and the first thing they’ll tell you about calculating home value is that location is a big factor, but not the only factor. After the big real estate crash many people are asking themselves, ôWhat is the fair market value of my home? Read More >

            Related Blogs

              What Does Short Sale Mean?

              Buying Short Sales: What You Need to Know

              As the real estate market remains volatile, one of the best options for many new homebuyers is purchasing a short sale home. But, what does ôshort saleö mean? A short sale is when lenders have the opportunity to sell a property before the bank forecloses on the home rather than after. While buying short sales creates the opportunity for real estate investors to pay well-below-average housing prices for properties within ideal locations, there are still drawbacks. READ MORE >>

              Related Blogs

                Find the lowest rate, when buying a home in Nutley, NJ

                Find The Lowest Rate When Buying A Home in Nutley

                So you’ve got your new home picked out and you’re ready to embark upon the long process of securing a home loan and ultimately taking ownership of your dream home. Armed with that excitement, you take to the Internet in hopes of uncovering a hidden interest rate nugget, that low rate that other people have overlooked and that you have found through persistence and effort. Well, as you embark on that trip, there are some things to keep in mind during the pursuit for the lowest interest rate possible.

                There are probably thousands of web sites offering financial data that can be pertinent to your search, so it is important to quickly cut through them all and pick one that seems to be at least somewhat reputable and has easy-to-access information. You’ll probably want to focus your search on a 30-yeark, fixed-rate mortgage to get a barometer of the interest rate climate initially.

                There are many sites out there that will go into detail on interest rate fluctuation but finding one with graphs that can show you the trend of that rate over time will provide you with a great piece of ammunition when trying to determine what the short term market might do and what kind of interest rate would, in the end, be a good one for the time frame you’re looking at.

                In addition, there are scores of financial articles written every day about the state of the real estate market and doing some reading on the current state of the market will help you greatly in your pursuit for a low interest rate. Sites like the Wall Street Journal online and other respected newspapers usually publish their full financial sections online. Google News and other outlets can additionally offer a slew of recent financial articles with a search or two.

                Each loan has its own special set of financial aspects, so comparing them can be difficult at first glance. Thankfully, there are sites out there that will do it for you and doing a search for financial loan comparisons will give you a few good results. By putting in some information about you and your financial status, you can get some loan offers back that are tailored to your situation and can be compared against each other. This is a great step to help save time that might otherwise be spent deciphering the many loan options available through a multitude of lending agencies.

                Finally, be thorough in your search. If you are truly looking to get a full picture of the loans available to you, contacting your local institutions (banks and credit unions) is a great step in the process and sometimes the added benefit of supporting local business or having a nearby branch office can make up for an interest rate shortcoming. It is up to you to assign priority to something like that.

                Interest rates are important but while you’ve set out to pursue the lowest rate possible, you might find that there are other benefits you haven’t considered that are important as well. These aspects should also make their way into your loan comparison as things like convenience, reliability and other factors differ from lender to lender. Decide what is important to you and what concessions you would make to accommodate one of those other desires.

                Finding the lowest interest rate possible is a noble goal and with the avalanche of online information at the fingertips of anyone with an Internet connection, finding that rate is easier now that in the past. However, as you go through your search, keep in mind that a mortgage is more than just an interest rate and remain open to other benefits that might offset a bit of a higher rate.

                This is another original article by Joe Lane, co-owner of The Lane Real Estate Team at Are you looking for an experienced Tri City WA Real Estate agency? With 20 years of service based, business experience, Joe and Colleen Lane work hard to serve home buyers and sellers for the Tri Cities of Washington’s Kennewick, Richland, Pasco, and surrounding areas.

                Related Blogs

                  Rental in Nutley NJ-Whole House For Rent

                  I have a 3 bedroom 1 bath home for rent in Nutley NJ for more information give me a call at 973-846-0065

                  Related Blogs

                    First Time Home Buyer in Nutley NJ

                    Now is a great time to buy a home in Nutley NJ, there are some really good deals out there now and now would be a good time to take advantage of the market. For instance a starter home in Nutley 3 bedroom 2 bath with with an average size lot you can get a nice home under 300k. If your looking for more of a fixer upper where you may have to put some sweat equity into the home you could pick up a nice home in the low 200k these days. Nutley is still a pretty desirable area because we are so close to New York City, about a 30 minute ride into NYC. The home buying process can be a very confusing one for first time home buyers from finding a home to inspections etc. I’m sure you would have a ton of questions and I would be happy to answer all of them them for you.

                    Related Blogs

                      Show Buttons
                      Share On Facebook
                      Share On Twitter
                      Share On Google Plus
                      Share On Linkedin
                      Share On Pinterest
                      Share On Youtube
                      Share On Reddit
                      Share On Stumbleupon
                      Contact us
                      Hide Buttons