If you’re at the clothes store, and you buy a shirt off the clearance rack for 90% off, is it a good deal? What if it doesn’t fit you or it’s just plain ugly !? I’ve been getting a lot of calls on a really low priced bank property from would be Investors looking for [...]
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Points are the closest thing to legalized bribery! When applying for a mortgage to buy a house, you can pay the lender a fee to get a better interest rate. The fee is called a point and is 1% of the amount you borrow. You could pay one or many points. The point costs you [...]
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Even though there are tons of mortgage calculators on the web, here’s a quick and easy way to ballpark your monthly mortgage payment in your head. If the house is $200,000, just multiply by 10% and subtract “a little bit” So, your payment should be a little under $2000/month…maybe $1700/month would be a good guess, [...]
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It’s a question that I get all the time…. but what’s the REAL question? Maybe some people are just making small talk because they know I’m a broker but many, I believe, want to know if it’s OK to buy a home. Watching the news is scarey and there’s no shortage of uncertainty in the [...]
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I was talking with buyer recently who was looking for a home in my neck of the woods in South Jersey and he made some comments that he though all bank owned properties were in bad condition… the technical real estate lingo is toilet ha ha …but it’s just not true. South Jersey REO In the [...]
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Hello South Jersey, I’ve been a real estate broker in South Jersey for about 20 years. I know stuff. Ask me questions about buying a home or selling your home in South Jersey. Don’t be shy. While it’s true, that I don’t make my living giving out free advice, I can spare a few minutes [...]
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