Monday, June 24, 2013 / by Teresa Dipeso
You have no doubt noticed the increase in mortgage rates in the last month - maybe that statistic has even caused you to wonder if NOW is the time to sell your home. Happily the real estate market continues to flourish despite average rates creeping to nearly 4%, although inventory still shows significant lows. Still, you may find yourself wondering how and if these rate changes could impact the sale of your home and the future of housing in your local market.
An introduction into the Federal Reserve and it’s role in interest rates may help you understand its impact on your home. In the past the Federal Reserve, as the central banking unit in the United States, has largely determined current interest rates. The Federal Reserve monitors and maintains low rates to stimulate the economy as needed and raises rates to keep inflation in check. In recent history, however, interest rates have been dropped so low that the Federal Reserve began to utilize a system known as quantit. ...
Friday, June 21, 2013 / by Teresa Dipeso
Home Mortgage Rates are climbing and are projected to rise further. Buyers are leaping into the Jersey Shore real estate market as inventory levels continue to decrease.
If you need assistance financing your new Jersey Shore home, our team can help. Call us today 609-780-1434 and secure your piece of Paradise at the Jersey Shore!
Sunday, June 16, 2013 / by Teresa Dipeso
Your home is a place of stability and peace for you and if you have children, it can be a grounding force in their lives. Relocating to a new community (or even a new block) can be a very challenging, though exciting, event for you and for them.
As friends and schools are left behind, regular landmarks and teams are changed, and even wallpaper is replaced, the longing for home, your home, can be very real and lead to lasting impact on your children's lives.
Developing happiness despite the relocation confusion and upset is important and several methods can help in calming your child's sense of upheaval.
Create a new start in your new community and in your home by:
Constructing a positive experience from your move. Teach your children that change is inevitable but that good can come by finding exciting things to do in your new town, involving them in planning activities, and the decorating of your home.
Making them feel at home. Recognize ; ...
Wednesday, June 12, 2013 / by Teresa Dipeso
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! ...
Wednesday, June 5, 2013 / by Teresa Dipeso
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! ...