Learn Everything About Buying and Selling a Home including price trends:
Come join us at Weichert Realtors Rumson Office on Saturday, March 5, 2016 to learn everything about buying and selling a home and more. Buying or selling a home can be overwhelming and I hear things like “where should I start?” Meet me on Saturday, March 5th and I will answer all your questions and concerns regarding the home buying process.
Join Us for Our Open House
Weichert, Realtors®
30 Ridge Road
Rumson, NJ 07760
(corner of Ridge Road & Avenue of Two Rivers)
Telephone – 732-747-8282
Cell Phone – 732-672-0409
Saturday, March5th
1:00 to 5:00
No Lectures, No Seminars, No Obligation and No Reservation Needed!
Just honest information and the answers to your questions about:
· Selling and/or Buying
· Can I Buy Instead of Renting?
· First Time Home Buyer Information
· Information About Our Local Real Estate Market
· Financing/Refinancing (Representative Will Be Available)
What’s my home worth?…. I hear this question often and a lot of home owners are still under water with their home values. According to the Asbury Park Press story posted on Sunday January 31, 2016, “values tick up, but still lag from market heyday”.
Since 2005 homeowners are watching and waiting for home prices to come back up to the market prices back in 2004-2005. Home prices are still not where they were before the bubble burst but, rest assured, prices are climbing. Certain areas have a better growth rate, but all in all, prices are up.
Looking for a home? This is the perfect time to shop for a home since interest rates dropped slightly. Contact me for information on properties for sale or go to my website and see what I see everyday in the MLS – current and up to date information on new inventory. I received this message last night from Dominic DeGrazio of Residential Home Funding – wanted to share this information:
“Just wanted to make you aware that the 10 yr Treasury Note has dropped to 1.86 as of market closing today. These are levels that havent been seen for almost a year now. This has resulted in mortgage rates lowering! With the spring market upon us ( hopefully no more blizzards!), it is an opportune time for buyers to start hitting the pavement to take advantage of these low level mortgage rates.
I am available everyday to assist any of your prospective buyers to be pre-approved for their new home purchase. Depending upon the borrowers information and records, I can perform a pre-approval within 10 minutes. Borrowers, such as self employed borrowers, would require more detailed information for me to receive, to properly perform a effective pre approval.
And if you need any flyers to place at your open houses, detailing some loan program information, or current rates, I would gladly put together for you.
Lastly, this also goes for anyone you may know looking to refinance. Now could be the time to look into a lower rate or reducing the current term of the mortgage.”
Meticulously maintained 3 bedroom expanded Cape located on one of the best streets in West Long Branch. Priced to sell at $399,900.
This cute cape is perfect for the first time buyer or for a delightful summer home. Hardwood floors throughout, updated kitchen with stainless steel appliances, newer thermal windows throughout, finished basement with bar, newer roof, one car detached garage and beautiful landscaped backyard. Close to shopping, restaurants, schools, Monmouth University, and ocean beach only about 5 minutes away. Best Location!
Contact Diane B Kaplan for all your real estate needs at diane@dianekaplan.com or call cell # 732-672-0409.
Once you have found the home you want to buy, there are several additional steps you need to take to close the sale after the purchase and sale agreements have been signed.
Step 1 Contingency removal: The most common contingencies are inspection, financing and the sale of your current home. These conditions must be removed or waived in writing before the sale on your new home can close.
Step 2 Appraisal and title report: Your lender requires a formal appraisal to confirm the value of the home you’re buying, to use as collateral to secure the loan. The title report ensures that the seller has clear title to the property and has the right to transfer ownership to you.
Step 3 Prepare closing documents: Escrow service companies or real estate attorneys prepare documents that confirm the transaction, prorate funds, etc.
Step 4 Signing of closing documents: Although both parties may have signed closing documents and deposited funds, the sale actually closes when the deed is recorded and the proceeds are available to the seller.
Step 5 Signed documents go to the lender for final review.
Step 6 The deed is recorded and funds disbursed.
Step 7 The seller receives the proceeds and the moving van arrives.
Step 8 You get the keys to your new home
There are many opportunities for surprises or delays in a transaction. Part of my expertise is in troubleshooting problems that arise in the closing process, including anticipating and preparing for potential problems before they arise.
Please email or call me any time if you have questions or would like more information about the closing process. Email me directly at Diane@DianeKaplan.com or call my cell (732)672-0409 to send me a text.
Meet me on Saturday, March 5th and I will answer all your questions and concerns regarding the home buying process.
