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The 15 Most Expensive Cities For Prospective Homebuyers

          #15 Boston, Mass. Median home price: $322,000 2009 rank: 23 Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National ...
flooding

Water and Homeowners Insurance

by Susanne Romo When most people think of home insurance and claims, fire or burglary is usually the first thing that concerns people.  But what might surprise you is that neither of those claims is the most common.  Water is. And your homeowner’s policy may or not cover the damage.  The bottom line your claims adjuster will need to know is —- ...

Condo owners should buy secondary insurance

BY BARBARA HOLLAND Posted: Aug. 11, 2012 | 2:04 a.m. Q: I currently own a condominium that I rent to my granddaughter. Last Sunday, the girl who lives in the condo above mine called me and said she heard running water, and asked if would come over and see if we could figure out where it was coming from. I went over and we looked in all the storage ...
pptymag

Difficult to Believe Which Is Cheaper: Housing Markets: Renting Vs. Owning

  by  Russell Legato, Residential Property Analyst Situations in the housing markets: renting vs. owning is more expensive in some parts of the country, but, cheaper in others. Seattle is one such place. In fact, the monthly rent is an average of $377 lower than it would cost to live in the same house and make mortgage payments.  Low interest ...

DCA & HMFA Remind Homebuyers About “The Road Home New Jersey” Website

New Jersey RealEstateRama DCA & HMFA Remind Homebuyers About “The Road Home New Jersey” Website Article http://newjersey.realestaterama.com/ Launched by the DCA and HMFA in April, The Road Home New Jersey is a new consumer education initiative to help people navigate the home buying process, secure affordable home ownership ...

How a Tunnel Would Help New Jersey Home Values

Antoinette Martin How a Tunnel Will Help New Jersey Home Values Article One major consideration for a buyer when home shopping is how long is the commute to work. The closer a home is to a station, the higher the price tag will be. The value would increase by approximately $19,000-$29,000 for homes near the New Jersey Transit lines. Building ...

Bayfront Perth Amboy Recovers

Antoinette Martin Bayfront Perth Amboy Recovers Article Shoreline real estate in New Jersey has a lower selling price than anywhere else in the state. This is mostly due to the preconceived notion that shoreline homes are more expensive than homes in other locations. This used to be fact, but the real estate market has changed things for the ...

A Low Tide for Home Sales in the Shoreline Market

Antoinette Martin A Low Tide for Home Sales in the Shoreline Market Article FOR the shoreline real estate market, by unvarying tradition, spring arrives early. Sometime in mid-January, in all four coastal counties — Monmouth, Ocean, Atlantic and Cape May — the number of listings begins to swell and rises in small waves, usually reaching ...

Devon Ferdinand

Devon Ferdinand Ten Tips to Increase Your Short Sale Success Insider tips Devon M. Ferdinand, CEO / Founder Good Faith Realty Consultants, LLC “A-Z in Real Estate & Finance” Phone: (888) 398-4978 Fax: (888) 398-4979 Email: devon@GFRC-LLC.com Website: www.GFRC-LLC.com Realtor / Investor Banks will not accept low ball offers just to get ...

Ten Tips to Increase Your Short Sale Success

1. Banks will not accept low ball offers just to get a property off of their hands. They get at least one, and sometimes 3 BPO’s or appraisals on a property and will only discount a percent off of the BPO. 2. Which means that you must influence the BPO. This is the most crucial aspect of a short sale. If the BPO/appraisal value does not come in ...