Category: buying-a-house

What New Jersey Home Buyers Need to Know About Rising Interest Rates

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After hitting historic lows not long ago, interest rates are trending upward. Mortgage rates went above 4% this spring for the first time since 2019. Rising interest rates, high demand, and low inventory make it tough for buyers. And that also means that some buyer strategies are changing. Here, then, is what New Jersey home … Continued

How to Win a Bidding War When Buying a House in New Jersey

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Right now, demand is high, inventory is low, and mortgage rates are still fairly low. All of that means that multiple offers on homes and bidding wars are common. The standard scenario is that you will be competing against several or many other buyers when you make a home. So you have to find ways … Continued

3 Things to Look for When Buying a Luxury Home in New Jersey

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Buying a luxury home is . . . well, different. Owing to the huge investment involved, it can be both exciting and stressful – and it usually takes longer. And while luxury homes are typically much larger, there is much more to consider than just square footage. If buying a luxury home is on your … Continued

4 Signs You Should Buy a House This Summer in New Jersey

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If you’re planning to buy a house, get ready for an exciting, scary, exhilarating, and anxiety-inducing ride. Buying a home can be the beginning of a wonderful new chapter in your life – or it can be an enormously costly mistake that you regret for many years to come. The best way to make sure … Continued

4 Questions to Ask Your Agent Before Buying a House in New Jersey

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Today’s real estate market is great for sellers, but tough and competitive for buyers. Prices are rising, inventory is low, and multiple bids are common. And this means that if you’re buying a house, a good agent is, well, indispensable. The difficulty lies in choosing the right agent who can meet your needs – one … Continued

What Home Buyers in New Jersey Need to Know About Earnest Money

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In today’s competitive seller’s market, making your offer stand out is paramount. One way to do that is by putting up earnest money. Also known as a good faith deposit, earnest money is a sum the seller puts down to demonstrate her seriousness as a buyer. Although the concept is fairly simple, it can get … Continued