Are you thinking about selling your Jersey Shore home but not sure you want to make needed repairs before listing it for sale? You're in luck! These days, many homes are being sold "as-is" due to an ever-increasing lack of inventory. 
 
An "as is" home sale proposition releases home sellers from liabilities and repairs stemming from the home's condition post-sale. That doesn't mean a prospective buyer can't request an inspection. It just means that the seller is not responsible for whatever the buyer discovers in that inspection. So if the inspection reveals issues, you can still sell your home. 
 
If the home in question is a foreclosure, home buyers may be able to negotiate repairs a little more easily with a bank, particularly as they relate to safety hazards. However regular home sales or short sales are often a different story. Time is generally a motivating factor and multiple offers may speed the process. Home sellers offering a good price are not going t! ...

June is National Homeownership Month, giving you an excuse to purchase a new beach home or find ways to revive it!What advice would you share with young buyers on purchasing a home? What do you wish you had known when you purchased your home?
According to the National Association of Home Builders (NAHB), builders have begun recognizing the need to design and construct homes around younger buyers these days. “As the economy recovers and young people who had to live at home with their parents move forward with their lives and achieve their dreams of homeownership,” reports NAHB Chairman Rick Judson, “home builders are delivering homes that cater to the floor plans, features and affordability that this generation desires.”
That means that energy efficient homes, tankless water heaters and ENERGY STAR-rated appliances top the list and that doors, windows and insulation are a focus, as well. In large part these options are requested due to the longer term annual sa! ...

The Mortgage Bankers Association, Fannie Mae and the National Association of Realtors projected 30-year mortgage rate to rise to at least 4% by the end of 2013. However, 30 year fixed conforming rates hit  4.125% June 1st. Comparing rates from just a few weeks ago when they were 3.5%, here is the difference a buyer will pay over time.
 

Mortage rates are rising which means higher payments over time. Now is the time to purchase your new home at the Jersey Shore! Call our team and speak to a real estate and mortgage professional today!
 
Courtesy KCM ...

Historically low interest rates, affordable pricing and an improving economy are affecting local real estate markets in a big way. Buyers are taking advantage of these favorable conditions, purchasing vacation properties, either as a second home or as an investment to rent out. High demand, decreasing supply of homes and increased bank lending are motivating buyers to purchase new homes at the Jersey Shore. Based on data provided by real estate listing service Trulia, 24/7 Wall St. reviewed the 10 most searched places for vacation homes on Trulia’s website between April 2012 and March 2013. The top two most popular towns to buy a vacation home are:
 
#1 Ocean City, NJ

Median asking price: $525,000
Percentage change from 2012: -0.5%
No other area was more searched for in the past 12 months than of Ocean City, N.J. Homes generally are more expensive in Ocean City than in nearby North Wildwood, with a current median asking price of $525,000, the highest of all popular ...