You hear it all the time: “It’s a buyer’s market!” “It’s a seller’s market!” What do those terms mean and does it matter anyway when you are trying to sell your house? In real estate terms, it’s actually a hot market or a cold market. A hot market refers to the fact that there are……
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Category Archives: Real Estate
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Alternatives to Real Estate Foreclosure
Your home is your castle and you would do anything to protect it. Unfortunately, when times get tough financially, the real castle owners, your lender(s) may want their keys back. However, it’s unlikely they will ask politely. Instead, when the back decides to take action against a homeowner who has fallen severely behind on mortgage……
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3 Hidden Expenses You Need to Watch Out for When Buying Property
So, the good news is that you’ve found your dream home, and you are ready to sign on the dotted line and start packing. Think of all the fun you’ll have meeting new neighbors, tending to your garden and getting to know your new community. But, before you get to all that, it’s probably a……
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Applying for a Mortgage in NJ? Here’s What NOT to Do
You’ve finally found the home of your dreams and are ready to start packing. Go ahead – gather up the boxes and start bagging the trash. However, before you get too far down the road, make sure you will have the money to fork over on closing day. Most people take out mortgages for large……
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Homeowners’ Associations aren’t all Bad – But Look before You Leap!
More than 26 million residences across the country are governed by Homeowners’ Associations (HOAs), according to community Associations Institute (CAI). If you are on the move looking for new digs, it’s likely that you’ll come across a property or two that is part of an HOA. Before you automatically recoil from the opportunity, you need……
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