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Cherre Schwartz been selling real estate in South Orange for the last 15 years and says she has been the number one seller of single-family homes for the last six and a half years.The current housing market continues to present one of the most affordable times to buy in recent history. However, some would-be buyers remain apprehensive. But as recent trends suggest, those who want to take advantage of these ideal buying conditions need to act quickly or they may miss out on a golden oppurtunity. Recent reports have suggested home prices and interest rates will rise over the next few years. It is unlikely that borrowing money to purchase a home will be more affordable in the near future than it is today. Current home prices are also contributing favorably for buyers. …
If you found that real estate agents are not showing your house enough or not getting offers, there is a very strong chance that your house is just not priced right. Before you determine what your home's Market Value is, it is important that you realize what it is not. Don't be misled by insurance value, or what you heard your neighbor's house sold for. Don't be swayed by the investment you have in it financially or in memories and treasures. Instead, the true Market Value of your house is exactly what a buyer is willing to pay you. That number is based on today's market, the economic …
Below are the homes that have CLOSED in October. If you are thinking about selling, November is one of the best months since buyers want to get into their homes for the new year. Address List Price Sold Price Days on Market 58 Mews Ln $330,000 $312,000 28 75 Holland Rd $375,000 $350,000 39 276 N Western Dr $445,000 $440,000 60 …
If you are planning to move and leave your home vacant or unoccupied, there is a special homeowners insurance that may be needed according to the National Association of Insurance Commissioners. Many policies have a 'vacancy clause' that's triggered if the home owner is gone for an extended period of time, even a long vacation. It's because empty homes are more likely to have break-ins and there is a greater risk of small problems that can grow into big problems. This policy might cost more but it could save money down the line. The cost of coverage depends on the company and …
The Weichert Maplewood office is looking for energetic self starters to join them in selling real estate in South Orange and Maplewood. If you would like to learn more about getting your Real Estate license, contact the manager Cynthia Greiger 973-762-3300 x105. P.S. If you would like to "pick my brain" first, call me on my cell: Cherre Schwartz 973-951-6665.
Below are the homes that have CLOSED in September. If you are thinking about selling, October is one of the best months since buyers want to get into their homes for the new year. There are buyers out there and they are taking advantage of the low mortgage rates. If you are considering selling, please invite me in to discuss the marketing needed to sell your home for the best possible price. Address List Price Sold Price Days on Market 31-41 Church St. Unit 205 $279,000 $276,000…
If your circumstances are such that you are compelled to move without having sold your present home, you have options. First, you should contact a real estate agent for the purpose of listing your home on the Multiple Listing Service (MLS). This gives your house the greatest exposure to a pool of potential buyers. Another alternative you might consider is renting your home, also by way of the MLS. The option of renting has many benefits. A tenant who contracts for one year could get you through the current down market and then potentially, in a year's time, the market will have turned …
Houses are selling in South Orange despite the news that the rest of the country is off by 50 percent. Why? Most of my buyers are coming from New York, Hoboken, and Jersey City where the commute is fast and easy. Many young couples have a dream to own their own house, have a backyard, and still have that fast and easy commute that they are use to and love. South Orange has al,l that plus charm, good schools, parks (including dog parks), great neighbors, and a convenient downtown with great restaurants. . When I pick up my clients at the train station, they immediately…
Either a buyer or a seller may purchase a home warranty that covers repair and replacement costs for appliances and other systems in the house being sold. In fact, a home warranty represents a win-win situation, in that it provides peace of mind to the buyer and functions as an effective sales tool for the seller. Unlike an insurance policy, a home warranty covers components and systems such as appliances, plumbing, heating, and cooling units in the event they should fail on their own. Coverage for pools and hot tubs can usually be purchased for an extra cost. The typical home warranty …
At some point your present house may begin to feel cramped. You would like enough space to create a larger entertaining area, or an exercise room. You can either purchase a larger home or renovate your present one. You begin to weigh the cost of a larger home against the prospect of living with contractors, plaster dust and construction noise for a long time. What should you do? Before you decide on a major house improvement project, talk with a realtor who knows your neighborhood. Will the charges you have in mind over-improve your house, making it difficult to re-sell or to get a …
Many people are hearing a new phrase being used more often and that is "a short sale." A short sale is the sale of real estate for less than the remaining balance of the mortgage or mortgages. The lender accepts the reduced amount as settlement even thought it is less than the amount owed. For example, a homeowner who owes $200,000 on a mortgage and sells the home for $100,000, is "short" by $100,000. The lender accepts that amount, but there are consequences. Usually, the seller gets a 1099 form from the lender for the short amount and that amount is treated as taxable income to the seller. …
Cherre Schwartz knows South Orange. She's been selling real estate in South Orange for the last 15 years and says she has been the number one seller of single-family homes for the last six and a half years. During her professional career, Schwartz said she's helped hundreds of homeowners market their houses and just as many people buy homes. And whether residents are planning to sell, or simply looking for easy ways to beautify their homes, Schwartz has ideas. Though people often think about the price of the home they're selling or they compare it to similar homes in their neighborhood, …
