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real estate: Is Your Credit Score a "Score" or a "Rank"?? - 01/25/11 09:03 AM
Apparently there is a misconception out there that your credit score is just that; a basis of how you handle your credit, pay your bills, and your effort to stay on top of things. With this new economy that we've been thrust unwillingly into, that has apparently changed. It's not more-or-less a ranking of how you fit in with the ever-changing credit scores of the general population. The actual quote from a financial article is, "Your credit score is not a rating of your credit worthiness, but rather a ranking of your credit worthiness compared to the rest of the … (0 comments)
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real estate: Still On The Fence?? - 01/05/11 12:12 PM
Looks like prices have not stopped falling in many areas of the country, although rates started to rise a bit. If you're in the market for a home, now is the time to get off the fence and make a move!! Check out this article for details.
For more information, contact Michael Sinton, CRB, CRS, SFR, e-Pro, Broker/Sales Associate, Weichert Realtors, directly at 732-904-3236, via email at Mike@MSinton.com.
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real estate: Get the Real Story in NJ... - 09/19/08 01:51 PM
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real estate: Hot Sales in Cool Markets! - 05/12/08 09:13 AM
While some real estate markets are experiencing increasing listing times and decreasing sales, others are still doing well or even booming. Regardless of which applies, how do you position yourself for a quick, full-price sale? Even in slow markets, some houses sell quite quickly, and it's for the very same reasons that they would in a hot market.
The best performers these days are older homes with three bedrooms and two baths. In addition to those features, they are priced a few thousand dollars below the area's average asking price.
You won't consider competitive pricing a concession when offers come in … (0 comments)
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real estate: Truth or Consequences!! - 04/28/08 02:01 PM
It's more difficult than ever to realistically and successfully price your home for sale. Many economic factors affect your pricing decision. Agents present you with the facts, but the final determination of asking price is yours and yours alone. So contact a representative and familiarize yourself with the following criteria.
There are more homes for sale now than in the past. Larger inventories exist mainly due to the fact that many sellers waited to list, trying to catch the top of the market. Now they're trying to sell before it bottoms out.
While still historically low, mortgage rates are creeping up. … (0 comments)
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real estate: In Your Own Back Yard... - 04/14/08 12:34 PM
Are you aware that over two million people in the United States have real estate licenses? With that many practitioners, the seed quickly separates from the chaff, with a small percentage rising to the top in quality service to buyers and sellers.
As you consider the mountains of documentation, financing, negotiating, marketing, inspections and the like, where would you begin to locate the agent best suited to your needs? It makes sense to start at home, with those individuals who participate in neighborhood organizations, local government, charities, etc.
It makes sense to work with someone who is active within and knowledgeable … (0 comments)
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real estate: Looking Beyond the Price! - 03/17/08 09:39 AM
What pops in your mind when you think of a real estate contract? The price, right? It's the critical term, but far from the only important factor to be considered by buyers or sellers. There are costs, finances, conveyances, and consequences to consider. Typical costs include commissions, inspections, legal fees and so on. Your representative should firmly negotiate and explain who pays for what.
How about the escrow deposit and financing contingencies? Unless the buyers pay cash, an escape clause should release them from obligation if financing falls through. Specifying that the loan will be secured at a certain interest rate … (0 comments)
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real estate: How it all began... - 02/27/08 01:22 PM
Have you ever wondered how and when "real estate" became a national industry, and buyers and sellers began to seek professional representation? You may be surprised that realty's modern history began less than a century ago. Those early days have affected home ownership ever since.
Back in the 1920s, Herbert Hoover pushed the idea that home ownership was the foundation of democracy. He and others helped to professionalize and standardize the practice of building and selling homes.
It wasn't until the Great Depression, however, that the government really got involved with the National Housing Act of 1934. Critical to the act … (0 comments)
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real estate: Paperwork & Personality... - 12/18/07 12:09 PM
As you prepare to sell your home, you must begin by making a choice: to seek the services of a professional or to proceed without representation. You realize that your home is probably your biggest financial investment, with a value that could be hundreds of thousands of dollars.
Now imagine if you had a legal problem involving that kind of money - would you prepare and present your own case to the judge without an attorney? Not surprisingly, managing legal issues is just one of the top reasons that most sellers seek the representation of a qualified real estate professional.
On … (0 comments)
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real estate: Compete with the big guys!! - 12/04/07 12:24 PM
Sellers face any number of challenges, but what if you're in the position of listing a modest home in what has become an "upper- end" community? You might not expect to fetch a selling price that compares to the McMansions that have popped up, but you might be surprised to learn that, if presented and marketed properly, you could get even more on a per square foot basis.
Most critical to selling success is pricing your home very carefully. Shooting for the moon at the outset can spell disaster later. The longer your home remains on the market, the more … (0 comments)
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real estate: Facts, not fanstasy! - 08/16/07 09:06 AM
Confused about setting an asking price for your home? It's not surprising, considering the mixed signals you might be receiving about the "national" real estate market. First, understand that there is no such thing as a national market - only thousands of individual markets experiencing different conditions. If you don't have detailed information about local home sales, it's just about impossible to determine your home's value to buyers. Even prices from just six months ago probably won't hold up, so it's critical to have access to real-time information about trends in this market. Details should include the total number of properties … (0 comments)
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real estate: Phasing Out, Phasing In... - 08/06/07 12:36 PM
You're undoubtedly hearing reports in the media about increasing numbers of mortgage defaults. A frenzy of financing in the last few years allowed many buyers to secure loans that were downright inappropriate for them, and now we're experiencing the fallout.
If you're planning to sell or buy a home in the near future, what effect might the number of foreclosures have on your plans? Either way, banks and lenders are beginning to formulate loans more carefully, which can affect both buyers and sellers in the real estate market.
Buyers can certainly expect a tightening of credit. It will be more difficult … (0 comments)
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real estate: Don't Go Stale! - 06/27/07 11:33 AM
As you prepare to sell your home, you probably expect to have a For Sale sign in the yard, information on the Internet, and perhaps an Open House. If you expect top dollar in today's market, you can count on a real estate professional to provide many more services in addition to those three most obvious elements of successful marketing. The agent will handle all aspects of the sale, from preparing your home to attract buyers through the negotiation of the purchase offer. Somewhere in the middle of all that is effective marketing through online advertising, targeted mailings, and personal networking, … (0 comments)
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real estate: Back to Basics! - 06/25/07 10:07 AM
Okay, it's time to return to Real Estate 101. With so much gloom and doom reported, our successful sale stories are being pushed aside by national reports of overstocked inventories and reluctant buyers. Blaming slow sales on "the market" is just an excuse. There is only one reason that homes remain unsold: they are overpriced. For many sellers, this lesson is only learned after it's too late, resulting in frustration and finger pointing. Let's try to put the record straight. Many markets experienced extremely high levels of activity over the last few years. Inventories adjust as the number of eager and … (3 comments)
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Michael Sinton, CRB, CRS, SFR, e-Pro
Jackson,
NJ
More about me…
Weichert Realtors
Address: 2110 West County Line Road, Jackson, NJ, 08527
Office Phone: (732) 370-4664
Cell Phone: (732) 904-3236
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