repair: Don’t Say “No!” Just Because the Home Needs Some Work! - 07/31/14 03:16 AM
Don’t Say “No!” Just Because the Home Needs Some Work!
The 203(k) program attempts to revitalize communities and expand homeownership opportunities. It is the Federal Housing Administration’s program for the rehabilitation and repair of single family properties.
When you buy a home, most mortgage financing is based on the appraised value of the property. If a property requires repair, the homebuyer usually has to obtain financing first to purchase the dwelling and then additional financing (usually at a high interest rate) to do the construction.  

What can a 203(k) be used for?
203(k) loans can really make a huge difference for … (4 comments)

repair: PRIDE in Selling a Home - 09/29/13 09:11 AM
Once you've made the decision to sell your home, there are 5 steps you need to make before you put your home on the market.

Pick - Interview real estate agents. Most sellers hire the first agent they interview, while others continue looking. You want to choose an agent with a vibrant marketing plan that you trust.  Repair - Make any necessary repairs in your home before you list it! Things like leaky roofs, dead light bulbs, and broken windows need to be in working condition before you show your home. Improve - Depending on your time frame and budget, make home improvements that will increase the value of your … (3 comments)

repair: Hot Water Heaters - 08/26/13 09:51 PM

What’s the most ignored household appliance? The hot water heater.
It’s one of the biggest uses of energy in your home, accounting for 14% to 18% of most household’s total energy costs— between $400 and $600 per year.
The average hot water heater lasts about 10-12 years, but there are ways to extend its life.  
For starters, keep the area around the hot water heater clean. Two or three times a year, empty about 1/4 of the water into a garden hose that leads outside to remove any sediment. This will help increase its efficiency. It’s also not a … (12 comments)

Wayne and Jean Marie Zuhl, The Last Names You'll Ever Need in Real Estate (Samsel & Associates) Rainmaker large

Wayne and Jean Marie Zuhl

The Last Names You'll Ever Need in Real Estate

Clark, NJ

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Samsel & Associates

Address: 68 Washington Street, Clark, NJ, 07066

Office: (908) 514-4105 x 5

Mobile: (908) 917-4189

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Musings from Union County, NJ




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