Real Estate Blog

Signing Real Estate Contract

You Signed a Real Estate Contract Offer to Sell Your Home, Mortgage Approval
May 5, 2013

Home Sellers: Is Your Home Really Sold When You Sign a Real Estate Contract Offer? Mortgage Approval_Part III There is another reality to signing a contract offer and selling a home. The majority of home buyers need to obtain a mortgage loan to purchase a home and need mortgage approval from their lender to complete the purchase! In previous posts on this topic, "You Signed a Contract Offer to Sell Your Home, Attorney Review" and the "Home Inspection Process" was reviewed. Why does a home seller need ... Continue Reading
Tags: Contract Offers, Featured, Home Buying

Signing Real Estate Contract

You Signed a Real Estate Contract Offer to Sell Your Home, The Home Inspection
March 27, 2013

Home Sellers: Is Your Home Really Sold When You Sign a Real Estate Contract Offer? The Home Inspection_Part II Homeowners like to think that all they need is a signed real estate contract offer and their home is sold, but the truthful answer is maybe yes, maybe no. The initial post regarding a real estate contract offer to sell your home talked about the Attorney Review Clause. In this post we will review the Home Inspection and the possible stumbling blocks the home inspection may ... Continue Reading
Tags: Contract Offers, Home Inspections

Signing Real Estate Contract

You Signed a Real Estate Contract Offer to Sell Your Home, Attorney Review?
November 4, 2012

Home Sellers: Is Your Home Really Sold When You Sign a Real Estate Contract Offer? Attorney Review_Part I Homeowners like to think that all they need is a signed real estate contract offer and their home is sold. The truthful answer is maybe yes, maybe no. While it is true that a home cannot get sold without an accepted contract offer, the real estate contract offer is only the first step toward a successful sale and a closed real estate transaction.  Most all real estate contract offers require ... Continue Reading
Tags: Contract Offers, Featured, Home Selling

HouseLogic: Seven Home Remodel Trends
March 16, 2012

Is There Lasting Value in Remodeling Trends? When you’re spending thousands to remodel a kitchen or bath, you want those updates to last a while. Read   3 Hot Trends for Kitchen Remodeling in 2012 Mulling a kitchen remodel but want to keep costs low? You’re au courant with today’s trends that emphasize options and high-tech wizardry at affordable prices. Read   3 Hot Trends for Bathroom Remodeling in 2012 From toilets that double as sound systems to water-conserving spa experiences, here’s what’s trendy for ... Continue Reading
Tags: Home Owners

HUD Announces Policy Changes for FHA Mortgage Loans
March 1, 2012

February 27, 2012 HUD No. 12-037 WASHINGTON – "As part of ongoing efforts to encourage the return of private capital in the residential mortgage market and strengthen the Federal Housing Administration’s (FHA) Mutual Mortgage Insurance Fund, Acting FHA Commissioner Carol Galante today announced a new premium structure for FHA-insured single family mortgage loans.  FHA will increase its annual mortgage insurance premium (MIP) by 0.10 percent for loans under $625,500 and by 0.35 percent for loans above that amount.  Upfront premiums (UFMIP) will ... Continue Reading
Tags: Down Payment Requirements, FHA, Mortgages, Real Estate News

Signing Real Estate Contract

Home Buyers: New Jersey Real Estate Contract Offers, Attorney Review
February 26, 2012

 Home Buyers: Your New Jersey Real Estate Contract Offer Has Been Accepted, Attorney Review? New Jersey Real Estate Contract Offer: In New Jersey, all real estate contracts for the sale of residential real estate containing one to four dwelling units, vacant one-family lots or leases prepared by licensees for a term of one year or more for residential dwelling units  in which they have a commission or fee interest shall contain the following, which shall appear at the top of the first page and ... Continue Reading
Tags: Contract Offers, Featured, Home Buying, Tips for Home Buyers

Home Insurance A to Z
January 24, 2012

The Cost of Umbrella Insurance for Homeowners The surprising thing about the cost of umbrella insurance is that it can be influenced as much by your driving record as it can be by your record as a homeowner. Read   Compile a Home Inventory with the Right Tools A home inventory of your belongings for insurance purposes is a relatively inexpensive way to make any future claims go smoother. Read   The Right Disaster Insurance for Your Region The region in which you live ... Continue Reading
Tags: Home Owners

David Fialk

David Fialk, New Jersey Realtor, Celebrates 40 Years in Real Estate
September 27, 2011

David Fialk, New Jersey REALTOR and Broker Owner of Choice Realty Co., 1144 Green St., Iselin, New Jersey, is now celebrating 40 years in real estate. Talk about the changes in real estate and in the real estate industry in the last 40 years! Talk with David! Obtaining his real estate license in 1971, David  has witnessed, experienced and adjusted to all types of changes in the real estate industry. And 40 years later, he is still actively involved in listing and selling real estate on a daily ... Continue Reading
Tags: David Fialk, Real Estate News, Real Estate Services

Mortgage Interest Rates Down

Mortgage Interest Rate at 50 Year Low
August 20, 2011

On August 18, 2011, FREDDIE MAC  announced that the 30 year fixed mortgage interest rate averaged 4.15%(with 0 .7 points), down from 4.32% the previous week and breaking the previous low of 4.17% set on November 11, 2010. The 15 year fixed mortgage interest rate averaged 3.36%( with 0.6 points), as compared to 3.50% the previous week. With mortgage interest rates at historic lows, not only is home ownership becoming even more affordable for home buyers, but now there is even more opportunity for current ... Continue Reading
Tags: Mortgage Interest Rates, Mortgages

Real estate closing papers

How Buyers Can Save Money on Real Estate Closing Costs
August 7, 2011

Yes, There Are Ways a Home Buyer Can Save Money on Real Estate Closing Costs in a Home Purchase! Real estate closing costs are an important financial consideration when purchasing a home and in the home buying process. A home buyer needs to be financially prepared for expenses during the real estate transaction and at closing. In addition to the down payment and closing costs a home buyer can also expect to pay for property inspections, such as a home inspection, termite inspection and radon test, ... Continue Reading
Tags: Buyer Closing Costs, Home Buying