The Real Voice of New Jersey Real Estate

Robbinsville, New Jersey Market Report - May 2008

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Spring Selling Tips for Robbinsville, New Jersey Homeowners

Thinking about selling your Robbinsville home?  Well spring is here and I thought some spring-selling tips might be helpful to get your home ready for todays market.

We need to look at the outside of your home first.     Take a minute and approach your home from the road and look at it with ˜buyer eyes.     There are always the regular spring maintenance we do to our homes when the weather breaks.   But now is the time to pay attention to detail.

Buyers are still buying homes, but they are certainly approaching the home buying process differently.    In recent past years, the buyers were fueled by lack of inventory and emotion.   Now with the market adjusting as it has, it more about the pricing and condition.  

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  Why you should hire the Desiree Daniels Team to Sell your home

**Ranked in the top 25 for Sales Teams in New Jersey

** 20+ Years Experience

** 7 Full Time Sales Agents

**  Top Producing Agent - Member of Platinum Club

**  Million Dollar Sales Club

**  Circle of Excellence Members

**Member of The RE/MAX Hall of Fame

**Member of the New Jersey Association of Realtors - Public Awareness Committee

** Extremely accessible and reliable

**  Top Single office in the State of New Jersey

**  Top Fund Raiser for Children’s Miracle Network

**  Unconditional listing release

**  Flexible Commission Structure

** Aggressive marketing plan

** Personalized Web Page

** Customized mailings

** Referral’s upon request

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Today I was going through posts and was thinking about what I could do to inspire the buyers our there with FACTUAL content about buying a home.   With that being said…This post came to mind.   Enjoy!!

The following article was written by a fellow colleague of mine in Illinois.   I thought it was a great follow up to my last article on the ‘wait and see’ that buyers were doing.

Thank you Kelly - I appreicate you sharing this with my home town.

Will 2008 be the year you wish youd bought real estate?

With lower interest rates and plenty of homes to choose from, now may be the right time for you to purchase real estate. Todays lower interest rates may not be around when prices flatten out, so trying to time the market rarely works to your advantage. Another problem with trying to time the market is that it requires a rising market to know just where the bottom was¦hindsight is always 20-20, isnt it?

In many cases, purchasing a home may be cheaper than renting. In my market area, it is difficult to find a decent rental unit for under $1,300/mth. Thats $15,600/year that could have gone towards your own mortgage, instead of paying your landlords mortgage for him. Your landlord loves you, by the way, because youre making him rich. You are literally buying his property instead of your own. Think about it.

Then there is the distressed (foreclosure) property market. While many of these properties have condition issues and other challenges, in many cases they are priced below market value and offer opportunity for those willing to put in a little sweat equity to make a profit. If you are considering purchasing a distressed property, I suggest you consult a real estate agent who specialized in the foreclosure market to assist you. It can be tricky to navigate.

All investments carry some level of risk, and purchasing real estate is certainly no exception. This is not the time to make decisions that have not been carefully analyzed. What is a good purchase for an investor may not be a good purchase for a typical home buyer. This is why you should always work with a real estate agent who can guide you in the right direction and provide the information you need to make an educated decision based on your individual circumstances.

Many people wish to wait ‘until next year, when prices may be lower’ which of course, is a risk in and of itself. Prices may be lower, or may be higher. How many times have you waited for that special sweater at your favorite store to be marked down, only to discover that it was snapped up by someone else before you had the chance to purchase it? It may be a simply analogy, but the principle is the same: sometimes you snooze, you lose. If thats okay with you, then go ahead and wait it out. Hopefully you wont want to kick yourself a year from now.

The truth is, none of the experts can accurately predict the real estate market any better than the experts can accurately predict the stock market or what gas prices will be a year from now. If you purchased real estate in 2006 or 2007, you most likely got a great home at a terrific price with a low interest rate. Provided you stay in your home for several years (something I always recommend), you will benefit when property values eventually rise again.

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http://www.robbinsvillehomesforsale.com/002A96

Are you a victim of the housing crunch?  

Want to sell but owe too much?

Do you have to sell because your mortgage terms adjusted and can’t afford the payment??

Are you unsure of your options???  

Welcome to the great American way.  

As a Homeowner, you should not feel alone.  

We are here to help.

You have options….   Don’t let your mortgage company foreclose on you because your feeling helpless.

A short sale could be an option to explore.

What does that mean?   Well in a nutshell, a foreclosure adversely effects your credit and your ability to purchase a home in the future.    

A short sale is a way to sell your home for less than what is owed too your creditors and still keep your credit rating intact.

If you feel you may be in need of assistance, please call us to discuss your options.  

You do not pay us … the bank does.      (609) 448-2222

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