Bradley Beach NJ Real Estate: Fannie & Freddie Roll Back Fees - 10/27/08 03:43 PM
Bradley Beach NJ Real Estate: Fannie & Freddie Roll Back Fees
Fannie Mae and Freddie Mac have both announced they will not impose the loan fee increase scheduled to go into effect this month. Fees were to have increased from .25% to .5%, making it even more difficult for Bradley Beach NJ home buyers. The biggest obstacle many ­­­­­­­­­­­­­­­­home buyers face is the necessary cash needed for a down payment and closing costs.
Both companies, now controlled by the federal government, had decided to increase fees to boost their finances during difficult times.
Freddie Mac, however, will raise fees next year for … (0 comments)

Bradley Beach NJ Real Estate: Is Owning Rental Property Right For You - 10/21/08 05:23 AM
Bradley Beach NJ Real Estate: Is Owning Rental Property Right For You 
Investing in Bradley Beach NJ real estate and owning rental property sounds glamorous, but it isn't for everyone. 
Be sure you know what you're getting into and understand what you are getting into before signing on the dotted line. Here are some questions you should ask yourself before purchasing an investment property:
•   Where will the down payment come from for this property?
•   Do you have cash reserves so you handle periods of vacancy, i.e. no income?
•   How about reserves for unexpected repairs and other expenses?
•   Do you need … (0 comments)

To Fix Or Not To Fix When Selling Your Bradley Beach NJ Home - 10/13/08 03:19 PM
To Fix or Not To Fix When Selling Your Bradley Beach NJ Home
That is the question all Bradley Beach NJ home owners should ask themselves when they consider selling their home.
The first item on the fix-it list: clear the clutter! If your closets, attic, basement, garage, and other storage areas appear neat, half-full and organized, your house will seem to have more storage space. To accomplish the clutter - clearing task, empty the house, hold a garage sale, and use the profits to help offset the next set of fix-it priorities.
Check your house for "curb appeal". The exterior is the first impression … (1 comments)

Bradley Beach NJ Real Estate: 7 Reasons To Own Your Own Home - 10/07/08 07:41 AM
You've probably seen lots of financial arguments about why you should invest in Bradley Beach NJ real estate and own your own home rather than rent. This includes budgeting (no rent increases) and the tax savings you'll most likely have. Now we're going to give you some reasons you probably haven't heard.
1. Freedom to pursue other goals in life once the major goal of home ownership is achieved.Strange as it sounds, many of our first-time buyers have told us that once they bought the house, other things in their life started to fall into place. It's as if not owning took so … (0 comments)