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How is the New Jersey Real Estate Market in 2015?

New Jersey homes continue to sell quickly and buyer are out in force looking to buy throughout the state. The real estate market in Central NJ in Edison, Plainsboro, South Brunswick, West Windsor, Plainsboro, Princeton, Lawrenece and Hamilton has seen a lot of very quick home sales, multiple offers and home prices bid over asking price in recent months.

Home sellers are advised to put their homes up for sale to meet this early increased buyer demand and take advantage of less competition … Continue Reading How is the New Jersey Real Estate Market in 2015?

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What’s the difference between a short sale and a foreclosure?

 

A lot of people have questions about short sales and foreclosures. In this video I discuss the difference between a short sale and a foreclosure in just a minute or so. You can also view my other videos that are more in depth on Short Sales.  And an earlier video detailing how you can make a lot of money investing in foreclosures. Of course if you want to buy or sell a short sale or any home, give me a call or use the contact button above.

Continue Reading What’s the difference between a short sale and a foreclosure?

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Can a Home Seller Really Pay the Buyers’ Closing Costs?

A home buyer called me last week about buying his first home. He saved up about $9,000 that he wanted to use for his downpayment and was so excited that he’s finally going to be a homeowner! His face dropped when I asked him if he had any money set aside for closing costs. He wasn’t aware that the closing costs alone on a home that he was hoping to buy would be in the $6,000 range. Closing costs are the costs associated with purchasing a home and include such things as the title, title insurance… Continue Reading Can a Home Seller Really Pay the Buyers’ Closing Costs?

September 2014 Real Estate Market Update for Central New Jersey

 

September 10, 2014 — It’s just after Labor Day and as usual, the real estate market is getting busier. Something about this time of year when the hot summer months of vacations and kids home from school are behind us brings out the home buyers and sellers.  This past summer saw a small increase in home sales over last year  and I believe the trend is going to continue into the fall. I’ve seen a bigger increase of buyer and seller activity within the past few weeks indicating  t… Continue Reading September 2014 Real Estate Market Update for Central New Jersey

25 Krueger Lane, Hamilton, NJ for sale — New Kitchen, large deck, move in condition!

25 Krueger Lane, Hamilton, NJ
$220,000
 

One of the nicest homes to come on the market in Groveville section of Hamilton in a long time. From it’s new gorgeous kitchen and granite countertops to the open floor plan and large rooms, this clean home is ready for you to move in and make your own. There’s a large party deck in the backyard, the landscaping is professionally designed and there are 2 oversized bedrooms upstairs — one of them can easily be converted to 2 separate bedroom… Continue Reading 25 Krueger Lane, Hamilton, NJ for sale — New Kitchen, large deck, move in condition!

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Coming soon! A surprisingly nice, updated home in Yardville, NJ

             A great buy in the Yardville section of Hamilton for only $220,000
          A no money down option is available for qualified buyers!

 
The sellers are putting a few finishing touches on this immaculate  home with 2 full baths, a gorgeous kitchen and an open floorplan. Showings will start next week. Call me to be one of the first to see this one — Jim Simmons 609-529-0822… Continue Reading Coming soon! A surprisingly nice, updated home in Yardville, NJ

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64 Theresa St. Ewing NJ — Invest in a home right next to The College of New Jersey

 
64 Theresa St. in Ewing; it’s a great home for a family, couple or single and can also be a great investment home to rent to students at The College of New Jersey (estimated rent: $2000 – $2200/month). This low maintenance home has central air, stainless steel appliances, a large fenced yard, 3+ bedrooms, 1 full bath with a double sink and an open floorplan.
No money down financing is available on this property for qualified owner-occupants. Call me today to see if you qualify and for… Continue Reading 64 Theresa St. Ewing NJ — Invest in a home right next to The College of New Jersey

The Real Estate Investor’s Friend: the Cap Rate Calculation

If you’re thinking about diving into the investment home market and buying your first investment property, this is one of the first things you’ll need to know and you’ll use it on every single property you look at. The cap rate, or capitalization rate, is a quick and easy calculation that measures the rate of return on an investment home based on it’s purchase price and projected annual income. You can also use this to quickly compare multiple homes at different prices to determine which gives… Continue Reading The Real Estate Investor’s Friend: the Cap Rate Calculation

“NJ Teachers at Home” Real Estate Program for Buying, Selling saves you thousands!

I’m excited to let you know about a new program “New Jersey Teachers at Home,” that I’ve been authorized to offer to

teachers, saving them up to 2% to 3% of their mortgage amount when buying a home and can also save money when selling a home.
This program completely eliminates the following fees on your loan:

Application Fee

Processing Fee

Commitment Fee

Underwriting Fee

Commitment Points

This program is open to all of the following:

public school or … Continue Reading “NJ Teachers at Home” Real Estate Program for Buying, Selling saves you thousands!

How is the real estate market for buyers and sellers in New Jersey? Two-minute video update

 
March 11, 2014 — The Central New Jersey real estate market continues with record number of home sales, shorter days on the market and an increase in prices. With multiple offers and some homes selling over the asking price, buyers are asking “how can I buy a home in this market?” and sellers are curious about the timing of when to put their homes on the market. Take a look at this 2 minutes video to answer these questions and get the scoop on what’s really happening in real estate t… Continue Reading How is the real estate market for buyers and sellers in New Jersey? Two-minute video update

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January 2014 New Jersey Real Estate Update — Which way is it tipping?

January 28, 2014 — Snow and record cold temperatures are not preventing buyers from looking for and buying homes this winter. Many years we’d just be gearing up for the onslaught of Spring buyers as sellers contemplate getting their homes on the market when the weather gets nicer. But now, we’re seeeing droves of buyers flocking to open houses, calling our office and making online appointments to see whatever homes are on the market now. Not only are they looking at homes, they are serious … Continue Reading January 2014 New Jersey Real Estate Update — Which way is it tipping?

Should I sell my home now or wait?

Several homeowners I spoke with recently asked me how the market is now for selling and if I think they’d be better off waiting, maybe until Spring. In this video I detail the 3 top reasons why I believe you are taking a big gamble if you wait until Spring. Higher than usual buyer activity now, lower interest rates and the increasing amount of homes coming on the market all point to reason why waiting might not be in  your best interest.
Call me today and I’ll discuss your situation with… Continue Reading Should I sell my home now or wait?

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