South Jersey Shore Home...Just Listed!!

Perfect Home for the outdoor enthusiast! 

Just steps away from the beach at Lakes Bay as well as fishing, boating, kitesurfing & windsurfing!

Priced to sell at $324,900

MLS#327032 in the South Jersey Shore MLS

Listed by Karen Komo, Realtor Associate

KELLER WILLIAMS JERSEY SHORE, 508 New Jersey Ave., Absecon, NJ 08201

Office:  800-882-9032 EXTENTION: #2145

Cell:  609-705-5505

 Map Location of Property

Just Listed for $324,900

For More Information on this Special Property, please contact Karen Komo at 609-705-5505

"Ask The Experts," appears in

The Press of Atlantic City's

Friday Real Estate section,

Real Estate Connection!

Hello,

I have been interested in buying a home in Galloway Township, my husband and I are first time home buyers.  We have been renting for the past two years and are running out of room.  My husband is a veteran and has the VA loan. Our credit report is fair but we are working to improve it.  I have no idea who to talk to for advice on how to get a mortgage with our credit.  Can you please help?  Any advice? Thank you for your time, Elaina

Dear Elaina: 

You are among the fortunate millions of veterans and service personnel eligible for VA financing when purchasing a home. For those who qualify, there are several benefits to getting a VA guaranteed mortgage.  These loans are often made without any down payment at all, and frequently offer lower interests rates than ordinarily available with other kinds of loans.  Additionally, no monthly private mortgage insurance is required.  To maximize your VA eligibility to purchase a home, you need to contact a VA approved and certified lender to guide you through the process.  We have a number of experienced VA lenders in the Atlantic County area.  Your Realtor will be able to give you several suggestions. 

According to VA guidelines, borrowers and/or their spouse must qualify according to set debt ratios used to determine whether the borrower can reasonably be expected to meet the expenses involved with home ownership. 

Aside from the veteran's certificate of eligibility and the VA-assigned appraisal, the application process is not much different than any other type of mortgage loan. The VA approved lender will start by verifying your income and assets, and obtain a credit report.  VA loans are often considered more "credit forgiving".  However, after analyzing your income to debt ratio, should you need additional "credit repair", an experienced mortgage lender will be able to guide you through the process and get you on the road to home ownership. 

Answer Submitted by: 

Karen Komo

Realtor Associate

Keller Williams Atlantic Shore   

Looking for a real estate agent in a location other than your home town, can be a challenge.  The best place to start your search is with a local, Atlantic County Realtor, one you have personally worked with or one highly recommended by friends, family, or co-workers.  Local Realtors have several methods for doing a preliminary search on your behalf in another market.   

One reliable source for professional real estate agents is the Referral Roster of the Women's Council of Realtors, an affiliate of the National Association of Realtors®.  Members of the newly formed South Jersey Chapter have access to over 19,000 motivated and professional REALTORS® (men & women) in more than 290 WCR chapters across the United States.  There are several Charleston, SC agents listed in the WCR's Referral Roster, a great place to start your search for an experienced agent.

Once you have been referred to agents in Charleston, take time to interview several REALTORS® at various firms.  Initially, interview referred agents on the telephone to get a sense of your comfort level with them.  Then, personally meet with two or three agents before making a final decision.  Have a list of questions ready:  How long have they been a licensed real estate agent? (At least 2 years should be the answer.) Are you a full or part time agent? (Full time is preferred.) How many transactions have you been involved in during the past 12 months? (15 to 20 transactions is a good number.)  How many buyers and sellers are you currently working with? (An agent working with too many clients may not be able to give you the time and attention you need.)  Does the agent work with other associates who can assist you if they are not available? (Many agents work in teams in order to provide a higher level of service for their clients.)

One of the most important factors in the selection process is that the agent is productive.  Being a productive agent is one of the best indications that the agent is well trained, aware of market conditions, and works well with people. 

All too often, buyers and sellers decide to work with the very first REALTOR® they meet or speak with.  Since buying or selling property is one of the most important financial decisions you will make during your lifetime, it is essential to make an informed decision when choosing a REALTOR®.  Once you have made your choice, let the selected REALTOR® know that you are making a commitment to work exclusively with them.  By expressing your full commitment to them, in return, you can expect the agent to be fully dedicated to your needs as they guide you through the buying and/or selling process.

AUSTIN, TEXAS (July 11, 2007) - Keller Williams Realty Inc., announced today that both the

Stanford Graduate School of Business and the Yale School of Management have added a

Keller Williams Realty Case Study to their core MBA curriculums.

Completed earlier this year by Brian Tayan, research associate with the case writing office of

the Stanford Graduate School of Business and James N. Baron, Ph.D., formerly with Stanford,

who since the publication of the study has taken a professor of management position at the Yale

School of Management, the case study describes the economic and cultural models that have

led to the success of Keller Williams Realty.

"Case studies are fundamentally teaching materials," Tayan explains. He adds that he

anticipates that the most predominant impact of this case study will be a realization among MBA

students of the "significant impact that culture can play in the strategy of an organization."

"This level of recognition from two such prestigious universities is among the greatest honors

that this company has ever received," emphasizes Mo Anderson, vice chairman, Keller Williams

Realty. "It's a reflection of the combined talents and unique contributions of all of our associates

throughout North America."

Anderson was on hand at Yale when the case study was first presented to students at the Yale

School of Management by Dr. Baron.

Baron noted, "One of the things I heard from several students was how refreshing it was for

them to hear the perspective of a highly effective executive with a leadership style so different

from the formulaic one they encounter over and over throughout business school."

Having spent a considerable amount of time talking to associates and interviewing top

executives at Keller Williams Realty, Tayan notes that the Keller Williams "business model and

culture operate very much in conjunction with each other. The company's culture has not been

developed for the sake of it."

Keller Williams Realty has become the fourth largest and fastest growing real estate agency in

North America by building a culture that rewards its agents as partners through its profit sharing

program and by empowering its agents to fulfill the company mission of ‘building careers worth

having, business worth owning and lives worth living.'

"The Keller Williams Realty case study should serve as a source of pride for associates

throughout the organization and a validation of the way the company is proceeding," Tayan says.

Noting the distinct business model and rapid growth of Keller Williams Realty, he adds, "I'm

surprised that more has not been written about it."