April 2015 Real Estate Newsletter presented by Jeana Cowie

By
Real Estate Agent with RE/MAX Real Estate Limited
https://activerain.com/droplet/4BSw

April 2015 Real Estate Newsletter presented by Jeana Cowie of RE/MAX Real Estate Limited

Call Jeana Cowie, your Bergen County REALTOR© C# 201-982-2200
Jeana Cowie, ABR, CRS, GRI, SRES
April 2015
Real
Over 600+ Homes SOLD. Paramus Real Estate Agent Specialist. Selling Bergen County Real Estate for 20+ years.
Call Jeana Cowie today at cell 201-982-2200



Don't Let Mortgage
Myths Scare You

  The national average for the 30-year fixed-rate mortgage last week was 3.69 percent, according to Freddie Mac's most recent survey. Freddie's Deputy Chief Economist Len Keifer believes 2015 will be a great year, with the highest number of housing sales since 2007. The outlook for 2015 is even better, assuring almost instant equity if you purchase now.
      Keifer names several reasons why Freddie Mac is optimistic:
      1. Jobs have grown at a rate of 250,000 per month for over a year, with strong job growth in the first-time
Mortgage Rates
U.S. averages as of March 26, 2015:

30 yr. fixed:   3.69%
15 yr. fixed:   2.97%
1 yr. adj:        2.46%



View current rates



homebuyer age group.
      2. About 80 percent of metro markets are affordable for the median family income to purchase the median priced home.

Wondering What Your Bergen County Home Is Worth in Today's Market?

Call me for a free, no obligation market analysis 201-982-2200. Thinking of buying a Bergen County home? Call or email me today Email: jmcowie@optonline.net




Five Smart Homebuyer Strategies
     TheNational Association of REALTORS® has announced that there's a housing supply shortage. Homes are selling quickly and home prices are starting to inch up again. It's becoming a seller's market in many areas.
      Any time the market changes, it's time to change strategies. During a buyer's market, buyers have the upper hand and can make more demands to sellers over their homes' price and condition. During a sellers' market, buyers concede the upper hand to sellers and are more willing to accept higher prices and terms.
      When homes are in short supply, buyers don't have the luxury of taking their time, teasing sellers with lowball offers, demanding that every little thing be fixed, and shopping for homes with multiple real estate agents. Do these five steps instead.
      Make a good first impression. Not only do you need to impress sellers, you need to impress real estate agents. Hire one agent and let him or her profile your needs to the marketplace. Be specific about your must-haves so you don't waste your agent's and your time viewing homes that lack what you want most. When you find the home you want, send the seller a letter along with your offer outlining why you love the home.


Good Credit Is Just As Important After Your Home Purchase
     Everybody knows how important it is to have great credit when you're buying a house. But keeping your credit good after you've purchased is just as critical. Letting your score take a hit after you close escrow can negatively impact you in a few important ways.
      Credit Cards: It's easier than you think to get into trouble with credit cards once you become a homeowner. One late or missed payment is all it takes to get your first ding.
      Even if you don't have any credit cards when you buy your home, make your first mortgage payment and watch your mailbox fill up with pre-approval offers. While it might be tempting to get all those cards and charge them up with new furniture and window coverings and TVs and appliances, it might be best to wait. As a new homeowner, you don't yet know what your total monthly nut will be.
      Maybe the utilities are way more than you expected. Perhaps your air conditioning goes kaput the first time you turn it on in the spring or your handyman discovers asbestos while scraping the cottage cheese ceilings in your living room. What if rising values in your area means higher taxes for the next year? Delaying some or all of those purchases until you know what you can easily afford can help you stay in good financial shape.
      Refinancing: If rates drop after you've moved in or you didn't get the greatest rate to begin with, refinancing might be your answer since it can save you money every month and over the life of your loan. If your credit score has

Thinking of selling?

Call Jeana today for a free market analysis cell 201-982-2200




Quickly Eliminate Unwanted Odors and Keep Them Away

     A survey by the Institute of Inspection, Cleaning and Restoration Certification (IICRC) discovered that more than 80 percent of homeowners make a direct correlation between the cleanliness of their floors and their family’s health. However, the organization notes that a major part of preventing airborne contaminants and keeping your home healthy is odor removal. We might remember to take off our shoes or mop during the weekly cleaning routine, but we often overlook other odors in our closets, laundry and even the ones coming from pets. Here are some quick and easy ways to eliminate odors and help keep them away.
      Just add lemon: Adding some lemon can go a long way in eliminating odors from a fish dinner or a funky



Daily News and Advice

Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.


More Articles

March Round Up: Mortgage Rates Move Down Again
3 Key Pre-Offer Home Seller Actions
What Sellers Should Know About CMAs
How to Make A Purchase Offer On A Home


Jeana Cowie, ABR, CRS, GRI, SRES, Broker Associate/REALTOR©
E-mail: jmcowie@optonline.net
Web: http://www.jeanacowie.net
201-982-2200 (cell)
RE/MAX Real Estate Limited
201-599-1100 x 348
297 Kinderkamack Rd
Oradell, NJ 07649


Equal Housing Opportunity

 

All information is deemed reliable but is subject to errors

Posted by

 

Jeana Cowie, ABR, CRS, GRI, SRES©
Broker Associate, Real Estate Agent 
  
RE/MAX Real Estate Limited
Oradell, NJ 07649 (in Bergen County, NJ)

www.jeanacowie.net   

Jeana Cowie is a Top RE/MAX Bergen County REALTOR©                            

Over 800+ homes SOLD!! 23 Years of Full Time Bergen County Real Estate Sales Experience

Specializing in Paramus real estate (over 300+ homes SOLD in Paramus alone) handling all of your Bergen County real estate needs, from Allendale to Wyckoff

Top 1% of all RE/MAX agents in NJ

Follow me on Facebook at: http://www.facebook.com/BergenCountyRealEstateUpdate

Subscribe to my FREE Monthly Real Estate Update Newsletter at: http://realtytimes.com/c/JeanaCowie

Follow me on Instagram & Twitter at: @JeanaCowie

 

 

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