Browse >
Home / Archive: July 2008
July 25, 2008 |
Leave a Comment
It is like we don’t pay enough tax! Home owners already pay a state transfer fee tax when they sell a home, plus the normal annual property tax, now the New Jersey government wants to create the property sales tax. It is a bill that if approved will allow the towns to charge sales tax to its home owners in the sale of a home. Please visit the link below for more information and to voice your self against this madness.
http://njhometax.com/Home.html
Posted by
Administrator | Filed Under
Blog
July 25, 2008 |
Leave a Comment
Lets start by saying this, if you have being dreaming about stop being a tenant and becoming a home owner, if you’re emotionally ready for homeownership and have being waiting for the right entry point this is it, get serious.
Interest rates are low house prices are down and there is plenty of homes for you to chose from, but you must act now before the inevitable interest rate rise wipe out your advantage.
Posted by
Administrator | Filed Under
Blog
July 25, 2008 |
1 Comment
As we see more homeowners defaulting in the mortgage payments we also see more homes for sale in a “sort sale”.
But what is a short sale?
In a nut shell it means when a property is sold for less than is owed to the bank.
If someone owes $450,000 for a home and is selling it for $400,000 the bank that have the lien on the property wants to get paid in full, unless it agrees to release the lien for less (it is a short sale)
More and more lenders are approving short sales as an alternative to foreclosure on the properties and to avoid having to take over and manage property.
The way banks look at, it’s better take a cut on the pay off now than if the house goes into foreclosure, stay empty for some time, get damaged and have its value spiral downward before it’s auctioned on the courthouse.
It is an alternative to avoid foreclosure.
Posted by
Administrator | Filed Under
Blog
July 25, 2008 |
Leave a Comment
It seems that “How to Become a Millionaire” is a hot topic in the media lately, and as always, it sparks a competition among people, the race to the gold, or to the dollar.
With this kind of advertisement exposed by the media constantly, many people fall for the excitement of the quick results offered by those who represent this kind of business. In reality, there is someone out there making a lot of money, it’s not you or me, it’s really the people who live to talk and sell books with these topic who are getting rich. “How to become a Millionaire”, how to buy real estate with no money down and sell it to make a huge profit in a few months, or even on how to make millions investing on the stock market.
The reality is, these people who have become millionaires have worked hard for it, and they learned how and where to invest their money, there isn’t any legal short cut to it, it’s just hard work!
When it comes to investing, real estate is great, it might take some time to appreciate and some time out of you to manage and maintain it, but in my opinion, it’s the safest place to invest your money.
At RE/MAX Fidelity, we offer a variety of information with options on how to invest. We also provide a list of homes and buildings for sale in areas of great demand, such as properties close to NYC transportation, or near colleges and universities and much more.
To conclude this subject, the general rule is: always use a cushion to protect yourself when it comes to investing, never jump into someone else’s dreams and promises, do your research, talk to professionals in the area of your interest, fill your mind with knowledge and understanding on the subject before making a decision.
Posted by
Administrator | Filed Under
Blog
July 25, 2008 |
Leave a Comment
If what you are looking for is living in style and comfort, and still, don’t want to put all of your money in housing payments, than consider this.
Town house, condominium for sale in Union NJ. with direct bus to Manhattan, NYC stopping right at front gate.
This wonderful town house offers beautiful landscape surrounding, with young trees and walk ways, a community in ground pool, and club house, near abundance of shopping and dinning near by.
It has 2 bedrooms, 2 full baths, 2 walk-in in closet, plus a loft, could be used as home office, brand new kitchen appliances & laundry, brand new carpet, CAC and fire place, plus a gardener patio, it’s cozy, and it’s affordable, It’s also a New York City Commuter’s dream, about 30 min from NY port authority bus. Priced at $325,000
Posted by
Administrator | Filed Under
Blog
July 25, 2008 |
Leave a Comment
More and more New Yorkers are deciding to get a piece of the American dream and buy their homes instead of paying rent and New Jersey is a great place to live and definitive the housing cost is much less than New York city but they want home for sale close to train station, or a home for sale close to buses.
And the first think in mind if you also work in New York is I’m I going to have to drive to NYC? And pay for toll and parking and get stuck in traffic? The answer is no, what you need to do is make certain that there is a bus route or train station nearby, try to make the same route couple of times to familiarize with, before you decide in the area you want to buy your home. Always look for a home for sale close to a train station, or a home for sale close to buses.
A great place to start is going to www.fidelitynj.com
Don’t forget, home for sale close to a train station, or a home for sale close to buses and enojoy the home ownership
Posted by
Administrator | Filed Under
Blog
July 25, 2008 |
Leave a Comment
For many people the process of buying a home is a pleasant one, however there is always the chance of something not going as planned, and when it does, it creates a large headache to everyone involved. Just think about this example where you have given notice to your landlord that you are moving in a certain date because you are closing on your home purchase, and the landlord already rented your current home to someone else who will be moving in an specific date, even if you don’t close in that date you still have to move out because of the other person is moving in… What a stress! Many things like this can happen during a real estate transaction, which can turn the American dream in to a nightmare.
To prevent or minimize these headaches when buying a house, you should always deal with a highly trained and experienced professional, and a realtor is the biggest architect of a real estate transaction.
Remember, there could be about “fifty two people” or more involved in the process, if any of them fall, it can cause a chain reaction, but if the realtor is qualified, skilful, and cares for his customer’s benefits he or she should be able to avoid many troubles during the process.
The secret for a smoother real estate process when buying your home is:
* Number one – Choose carefully the professionals, like the Mortgage Company, the lawyers or closing company and the title company, above all chose a good and experienced Realtor who will care for you and will oversee all the transaction.
* Number two – Don’t make plans too confident on the dates given to you, and every thing should be just fine.
Posted by
Administrator | Filed Under
Blog
July 25, 2008 |
Leave a Comment
The recent changes in the real estate market took many agents by surprise, many of whom started in to the business in the last five year or so, when was too easy to sell a house, now the new real estate market require more from an agent.
Brokers must get back into in-house training, that’s why at RE/MAX FIDELITY we keep insisting for the agents to get training, and we are offering weekly training section to our agents, is our way to prepare the agents to better serve their clients.
Realtors also need a systematic way to work, a commitment: I have a 21-step business plan that I recommend to every agent to compile, Build a guideline that helps you plan your week, Work mostly with people you know and trust, and who likes and trusts you.
Posted by
Administrator | Filed Under
Blog
July 25, 2008 |
Leave a Comment
by Rosanne Santorelli-Barone
The experience of yesterday has left me reflective and soulful. Another person in my field of business might bid me to be tougher, more resolute to the problems people face under such circumstances. But if I believe home is where the heart lives, I know I will continually be affected by the plights of bad luck and poor choices that can become part of the fabric of life, as well as the joy and enthusiasm that is realized by a delightful, creative home setting.
It was an ordinary spring day when a realtor colleague and I set out to view a property an hour away. She had connected with a main principal and knew the home was in extreme disrepair. Upon reaching our destination, we took a long, hard look from the car. In the sunlight of day, the view of the exterior of the house was stark, while the property was spacious and adorned with mature, overgrown trees and shrubs. We made mental notes of the obsolete windows, gutters, siding and roof, which was actually falling in pieces to the ground below. We approached the front entry, rang the bell, and were met by Ted the homeowner. He exited and we followed. My eyes were drawn to some deep cracks in the foundation, as this ailing man, walked the property with us.
Ted sadly disclosed the reasons for the dilapidation and neglect. While I listened to his story, I felt a sinking sensation in my heart. We were invited inside; here is where the impact of old real estate clichés like ‘a house is not a home’; ‘location, location, location’, and the old standby, ‘there’s a home for everyone’, met with reality. My mind queried, what was the true dilemma? How can such deterioration grow over two decades of ownership? What was the real story? Who are these people and how do they relate to one another? What are their values for living? In short, what happened to this property they had purchased twenty years prior as a newly built home with vast possibilities on a wonderful piece of land? What happened to their dream?
Once we entered this troubled haven, the answers to my questions began to unfold. Beyond the façade and mayhem of deep sadness, I could see a man who was once whole, a stable life. This couple moved from their native New York at the bidding of a good friend who had also purchased in this development of split-level homes. They had one child and then another. Something happened in this span of time that diminished a dream of happiness and completeness.
. My colleague and I observed the memorabilia decorating the dusty shelves and walls of every room in this large dwelling, while Ted reviewed a history of younger, carefree days. Muttering about past sins, he then tearfully professed to a spiritual conversion. Pastorally, I assured him of God’s unconditional love for each of us. Ted was contrite in his demeanor, and though his breathing was still labored due to emphysema, it seemed his sharing was a relief. Two wedded people, living separately in one large space, an adult son asleep in another room, and a daughter whose room remained a tribute to school days of good grades and sports awards, who is now living in New York, but continues to be daddy’s “shining light.” In the span of one hour, my associate and I listened, consoled, counseled, and offered sincere assurance to another human being on life’s journey. We were faced with the proverbial, “There but for God’s grace go you or I.”
Yesterday, I was touched again. Yes, I was touched by God’s design and hand through Ted. He wouldn’t know, but I too had been losing heart…heart for the business of real estate. As one who has worked in sales for over twenty-five years, I recently became disillusioned. We know all things change, but the deep-rooted tenets of respect, fairness, cooperation, and a sincere spirit of service; need not be altered over time, or due to a changing market. One would hope and believe these qualities would continue to be embraced and deepened as commonplace to the mission of selling the most expensive of life’s commodities. This is only one portion of the equation. This place we call home is a living space. For me it correlates with a creative process, which encompasses the tradition of the past with the loving promise of the future, from one generation to another. There is no compromise; there are no shortcuts. There is a personal commitment of integrity and truth to be conveyed to clients.
The real estate industry of late has been inundated with new sales people, who do not seem inspired to serve. The market was hot, high commissions were the result, and it seemed half the world was off to take a short course and obtain state licensing. Hello? Did someone not tell these novices that service is paramount to the mission of longevity, to reaping the fruit of their labors? Future business depends upon it. I haven’t lost focus on what is important and the priorities of my life and business. However, life does have a spiraling effect, especially when the abundance dwindles, and you know you are doing all you can, but business remains flat. Hope springs eternal as long as we have faith.
Meeting Ted, hearing part of his story, walking his land, talking about life and it’s infinite possibilities in the face of loss, brings actuality “home” to my heart…still. Without judgment, I ask new agents to take pause and listen closely to their contacts, cooperate on all levels (yes, even on commission splits) with fellow associates, and serve with your heart, mind, and spirit. Some may contend that units of sale and monetary rewards measure success in this world, but how will people remember you in the long haul of life. Where is the conscience in your work? It’s wonderful to close on a property knowing you have made an impact on the client for all the right reasons. How about attending a closing, never having met the listing agent until that time, and then hearing him demand one percent more in commission payment for doing exactly nothing in the process? It happened; it’s true. The Realtor code of ethics is not just a mandatory course; it is a commitment to represent homeowners and homebuyers on every level of truth and trust.
Yes, I have had my share of success in business. My personal statement of success will always be through serving in home, family, community, my church and the marketplace. The greater call is meeting people like Ted on the high and low roads of life. It is a privilege under any and all circumstances. Study a colorful, winding spiral. It flows, it ebbs, it moves up and down. Our stories may read differently, but we are all feeling and thinking creatures, dependent upon one another. Each choice we make has a spiraling effect on our lives and the lives of those we encounter. Think about it. What seems to be the norm alters the balance. Each of us has met persons like Ted (Whose name has been changed). Do we realize this spiraling effect is tangible, flesh and blood reality, that has little or nothing to do with “the bottom line?”
Posted by
Administrator | Filed Under
Blog
July 25, 2008 |
Leave a Comment
As of today’s date, the town of Cranford has exactly 100 single family homes for sale, including condominium and town houses and some very large and pretty homes.
The lowest price is a four room, one bedroom condominium and highest price is a $1,149,900.00 brand new four bedrooms with 3700 sq feet home.
It is a very nice community with a great variety of business, also is the home for Union County College.
Next Page »
