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TERESA DIPESO JERSEY SHORE REAL ESTATE BLOG

Sunday, June 16, 2013   /   by Teresa Dipeso

Relocating With Kids

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 ; ...

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Wednesday, June 12, 2013   /   by Teresa Dipeso

Selling You Jersey Shore Home "As Is"

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! ...

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Wednesday, June 5, 2013   /   by Teresa Dipeso

June is National Homeownership Month

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! ...

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Friday, May 31, 2013   /   by Teresa Dipeso

Mortgage Rates Rise, Expect Higher Monthly Payments

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 ...

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Sunday, May 26, 2013   /   by Teresa Dipeso

Jersey Shore Towns #1 and #2 on 10 Best Spots to Buy Vacation Home

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 ...

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Teresa M DiPeso & The DiPeso Group Jersey Shore Real Estate Experts
Teresa M. DiPeso
5901 New Jersey Ave
Wildwood Crest, NJ 08260
609-780-1434

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the South Jersey Shore Regional MLS. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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