Money Magazine has an article in there November 2007 Titled “You Own It. You Sell It Be your own real estate broker when you sell your house and you could save thousands. Here’s what it takes.”  by Josh Hyatt

 

They go on to talk about a family in Maryland who managed to sell their home back in 2004 FSBO, OK but 2004 was the height of the strongest sellers market in modern history. At that point anything would sell. Now it is 2007 and the same family thought they would try the FSBO path of selling a home again. They figured, replace the chandelier, and fluff up the towels and a buyer would magically appear at their front door. According to Money Magazine it has been over 2 months and they have not gotten one offer.

  Money Magazine goes on to give some… Read Full Post

Townhomes at Liberty Greens in the Convent Station section of Morris Township, New Jersey 07960

Technorati Profile The neighborhoods of Convent Station are: Bradwahl, Cromwell Hills, the Normandy Parkway Historic District and Liberty Greens Townhomes. The Morris Township Municipal Building and the Morris Township Police Headquarters are in Convent Station as well, on Woodland Avenue.                     Secluded, but a convenient location in the Historic Convent Station section of Morris Township, Liberty Greens is a wonderful place to raises a family, relax, enjoy life, even downsize for easier living!             Morristown and Morris Township are just a 25 mile drive west of Manhattan and the rest of New York City and are just a few…

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Mortgage Information  When it comes to purchasing a New Jersey home, don't be intimidated by the words "home mortgage". A mortgage is simply a loan made to help you finance a home. It indicates that a specific amount of money will be loaned at a specific interest rate for a specific period of time (the term of the loan). In addition, you agree to make timely payments throughout the life of the loan.  

Here are the mortgage options you should know about:

Conventional Mortgage
A conventional mortgage is a loan to purchase property made between a lending institution and a borrower without a third-party participant, such as the FHA or VA. Most types of conventional loans are paid off over 15, 25, or 30 years.

Terms of a conventional loan vary…

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Morris County home sellers, showing your home at it's best is critical to getting your home sold quickly and for a fair price.  Leave things undone and it is quite possible you may not get any home purchase offers at all.

1) It is extremely important to make certain that the first impression your home makes on a home buyer is the best impression your home can make. 2) Your home will never have more buyers look at it than the first three to four weeks of the listing. The reasons are simple: there are buyers out there who have seen everything available and for one reason or another, haven't bought. They are just waiting for something new to come on the market. 3) When that new property does hit the market, home buyers and Realtors both will scramble to… Read Full Post

It has been two weeks since I published the last update covering towns along the New Jersey Transit Midtown Direct Line.  Things are moving along though slower than most would like.  Many of the towns in Morris County are still experencing a recovery in home sales as compaired to the spring market.  Union County seems to be slowing a bit though moderatly priced homes still seem to be selling at a decent pace.  Essex County is a mixed bag, with places like Short Hills / Millburn, & Maplewood doing fairly good, but Livingston and many of the towns to the east not doing so well.

Want to do a little of your own real estate market research?  Check out Morris County Realtor you can do all the research you wish and you can even save searches so that when things…

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Summit home buyers, want to do some of the research on your own, but you don't want to have a New Jersey Realtor calling you and checking with you week after week, before you are ready?

I have the answer for you.  Check out Summit NJ Real Estate then just click on search.  It is a full MLS Search you can register and save searches so that you are e-mailed when there are price reductions, or new homes listed.  Much more convenient than having to go back and search over and over again. 

In this search you can do much more than just searching Summit NJ Real Estate, you are free to search all the surrounding towns.  Not finding what you are looking for in Summit, Try Chatham, or Madison, or even Short Hills. 

 

Summit NJ Real Estate ©2007, James… Read Full Post

First, I can understand your frustration.

 

Don't give up. The reason your home or real estate has not sold may have nothing to do with your property itself. In reality, it may be one of the more desirable homes on the market. There are many factors that go into the timely selling of New Jersey real estate – when you're educated on all those factors and completely understand what's going on around you, it's much less stressful.

 

Together, we may be able to identify the reason why your real estate hasn't sold and we can discuss what we're going to do about it. Here are some facts on selling real estate in today's market

·        Price: The time when your home will sell the easiest and for the most money is in the first 3 to 5 weeks it is… Read Full Post

In a lawsuit that is detailed in today’s Inman News it was revealed that earlier this year, ActiveRain, the popular social networking site for Realtors, was about to be acquired by Move.com, the owners of Realtor.com.  At the last minute, Move.com / Realtor.com pulled out of the deal. 

The terms of the original deal are unclear, but ActiveRain is now seeking $33 million in damages and alleges Move.com stole “confidential information” and that it is using this information to create and maintain the new Realtor.com blog network. 

This is a important and possibly high profile case for Move.com if they lose. They will probably come out of it with a tarnished reputation with the 50,000+ ActiveRain members and the damages are likely more than they would have…

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