Just Real Estate Talk

Welcome to my blog, Just Real Estate Talk!

Increasing Your Home’s Value With Improvements and Upgrades
August 31, 2019

Wondering What Improvements/Upgrades Will Increase the Value of Your Home? Do all home improvements  or upgrades increase the value of a home? Will improvements and upgrades increase the value of the home by at least the cost of the renovation? Cost does not equal value when improving, renovating or repairing a home! Just because a repair or renovations costs X amount, it does not necessarily increase the value of the home by the same amount. Home Upgrades With the Lowest ROI File these ... Continue Reading
Tags: Home Maintenance, Improving Your Home

Mortgage Pre-Approval versus Mortgage Pre-Qualification
July 10, 2019

Is there a difference between a Mortgage Pre-Qualification letter and a Mortgage Pre-Approval letter? (Originally written and posted in 2009 and updated now in August, 2019, with updates in Italics) Considering taking advantage of the favorable mortgage interest rates? mortgage interest rates below 4%? Considering taking advantage of the drop in real estate prices in 2009? Considering beginning the search process to purchase a home? Before taking the time to drive around looking for a home, before taking the time to visit Open ... Continue Reading
Tags: Home Buying, Mortgage Pre Approval

David Fialk Real Estate Professional 45 Years
October 6, 2016

October, 2016 David Fialk, New Jersey REALTOR® and Broker Owner of Choice Realty Co., 1144 Green St., Iselin, New Jersey, is now celebrating 45 years in real estate. If you would like to know what it was like working in the real estate industry for the past 45 years, just talk with David Fialk. David is an active member of the National Association of REALTORS®, New Jersey Association of REALTORS® and the Middlesex County Association of REALTORS®, serving as Board President in 1987 for MCAR. ... Continue Reading
Tags: David Fialk

Kitchen Remodeling
July 30, 2016

7 Smart Strategies for Kitchen Remodeling Follow these seven strategies to get the most financial gain on your kitchen remodel. Read Visit houselogic.com for more articles like this. Copyright 2016 NATIONAL ASSOCIATION OF REALTORS® Continue Reading
Tags: Home Owners

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