Tagged: Real Estate Agent

Just sold – Hillsborough, New Jersey

Just Sold – Parkside at Mountain View in Hillsborough, NJ

Great Family-friendly Neighborhood with spacious floor plans in a tranquil setting.

Gorgeous Parkside at Mountain View in Hillsborough, NJ Just Sold:

Just Sold - Parkside at Mountain View in Hillsborough, NJ Just Sold - Parkside at Mountain View in Hillsborough, NJ Just Sold - Parkside at Mountain View in Hillsborough, NJ Just Sold - Parkside at Mountain View in Hillsborough, NJ

Some of the great features of this Parkside at Mountain View Homes in beautiful Hillsborough, NJ include:

  • Convenient access to Highways including New Jersey Turnpike
  •  A few minutes ride to five train stations
  • Close to prestigious Princeton University
  • Easy access to shopping centers like Bridgewater Commons
  • Close to Parks, Golf courses, Country clubs and shopping centers
  • Tot lot playground and multi-sport playing field
  • 4-5 beds / 2.5-4 baths
  • 2 car garages

Please take a moment and check it out the video of this Just Sold – Parkside at Mountain View in Hillsborough, NJ Home:

Parkside at Mountain View in Hillsborough, NJ

If this is your choice in homes – You must hurry! Only a few home sites remain in Parkside at Mountain View!

These desirable homes are selling fast! For more details and to contact me, visit www.bestinnjrealestate.com, your Real Estate resource for homes in MorganvilleAberdeen, Colts Neck, East Brunswick, Edison, Englishtown, Freehold, Hillsborough, Holmdel, Jackson, Keyport, Little Silver, Manalapan, Marlboro, Matawan, Monroe, Old Bridge, Parlin, Sayreville, South Brunswick, NJ and beyond.

If you have specific Real Estate questions in any part of New Jersey, contact Sujatha Bhaskara, Your New Jersey Real Estate Agent, by phone at 732.319.1340 or by email at sbhaskara@optonline.netIf you are new to the New Jersey area, and would like a friendly, hassle free place to meet New Jersey residents and learn more about the area, visit my Facebook page @ Sujatha Bhaskara – Keller Williams Realty New Jersey.

If you’re thinking about selling your home in the Hillsborough, NJ area and you don’t have a Realtor®, please contact me! I would love to show you how, through strategic pricing, proper condition/staging, and expert marketing; you are likely to get your home sold quickly in today’s Hillsborough, NJ real estate market.  

Advertisements

Steps In The Mortgage Process For Purchasing Marlboro, NJ Homes

Steps In The Mortgage Process For Purchasing Marlboro, NJ HomesThere are many distinct steps in the real estate buying process, and many relate to the mortgage. It can be confusing for both new and experienced buyers. This blog provides important details about steps in the mortgage process for purchasing Marlboro NJ homes and covers what you may want to know prior to beginning the process.

Steps In The Mortgage Process For Purchasing Marlboro NJ Homes

Pre-approval

A pre-approval is an introductory review of your finances and credit history to estimate what you may be able to receive as a loan amount. It verifies that you meet the preliminary criteria for financing. Pre-approvals are not a guarantee that you will be able to obtain financing, but is a typical first step in the mortgage process.

Formal Application

An application occurs usually after you have an accepted offer on a home. You may be asked for additional financial paperwork and information. The details on the home are also submitted to the mortgage company for review. They will request a copy of the Purchase and Sales agreement in order to proceed. Your contract will typically specify that you submit an application before a specific date.

Mortgage Appraisal

An appraisal is ordered by a lender (although buyers are in most cases charged the fee for it) to identify the current market value of the property. Appraisers will compare your property to others that recently sold in the area within the last several months. An exact dollar amount is generated. Ultimately, the value of the real estate must satisfy the loan amount.

Commitment Letter

After your financial information and the details on the property are analyzed, the mortgage company issues a commitment letter. This assures the parties that no major problems have been identified and that the mortgage company is somewhat certain that the mortgage will obtain approval. There can be a few conditions included in the letter such as an employment verification and additional credit check. Therefore, it is essential not to complete costly purchases or alter your financial situation even after a commitment is issued as it may lead to last minute issues.

Clear to Close

A clear to close is basically the final approval of a loan. It verifies that all requirements have been satisfied and that the mortgage company can release the information to the closing agent. This sometimes takes place within days or hours before the anticipated closing date.

Settlement

The settlement includes signing of documentation and filing of paperwork into public record. Be sure to bring acceptable identification and a money order or bank check for any monies you are paying. Personal checks or cash are traditionally not acceptable. The transfer of funds takes place at or shortly after and the real estate will be officially yours!

A Few More Tips

Deadlines are an important factor of any real estate transfer, so make sure that you know the deadlines and what you must perform to satisfy each one. Getting representation from a experienced mortgage consultant and real estate broker is very important. They can offer advice and assistance, monitor deadlines, and ensure a more positive experience. As a local real estate consultant, I will offer representation during the mortgage and overall home purchase process. You may reach me, Sujatha Bhaskara, at Keller Williams Realty via phone at 732-536-9010 or email at sbhaskara@optonline.net. To begin your home search in Marlboro, NJ, please visit Best in NJ Real Estate – Marlboro, NJ Homes for Sale.

Marlboro, NJ First Time Buyer Advice

Marlboro, NJ First Time Buyer Advice

Marlboro, NJ First Time Buyer Advice

The home buying process can be a bit intimidating for first time buyers. The Marlboro, NJ first time buyer advice below can help. Real estate is a big investment and buyers should become educated on the process.

Before Beginning a Home Search

Select a Local Lender & Request a Pre-approval

Speak with a local mortgage provider and request a pre-approval. The programs and offers may vary from one company to another. Review the options and closing costs to decide the best option. This will help you understand the estimated up-front and monthly costs of home ownership. This will offer a good estimation of what you can afford.

Find a Real Estate Expert

Find a real estate expert to guide you through the home buying process. Evaluate several agents and pick one that best fits your needs. Experienced brokers can help you identify appropriate properties, prepare offers, and ensure a smooth transaction. This guidance can be essential first time buyers.

Buying Process Information

Viewing Homes

Only visit listings within your budget. This avoids the disappointment of wanting a home that you cannot afford. Visiting properties can take extensive time and energy, so sticking to your price will also save valuable time.

Offers

Real estate brokers can offer advice on contracts and negotiating them, but they may not practice law. Look into using a local real estate attorney to navigate legal jargon and add any necessary language. Make sure that you sufficiently understand the terms and obligations of contracts before signing them.

Inspections

Inspections are not intended for price re-negotiations. Such strategies are not typically successful and lead you to lose the money spent on the inspection. Sellers have the option to make repairs, give monetary concessions, or be unwilling to do anything. Maintaining a good relationship with the seller will make negotiations easier.

Walk-Thru Prior to Closing

Before the closing, you will have an opportunity to view the home. Try and schedule this for after the seller has removed their belongings. If any issues are found at the walk-thru, you should resolve them before signing closing paperwork as there is little you can do afterwards.

The Closing

Be sure to bring legal identification to the closing. Closing costs and down payment funds must be certified. Also bring your checkbook for any last minute changes. Once the settlement paperwork is filed, the property is yours!

Additional Marlboro, NJ First Time Buyer Advice

The home purchase process will be much less stressful with some advanced preparation and knowledge. For details beyond what is provided in this Marlboro, NJ first time buyer advice, contact Sujatha Bhaskara at Keller Williams Realty by calling 732-536-9010 or by emailing sbhaskara@optonline.net. I invite you to begin your Marlboro, NJ home search at www.bestinnjrealestate.com, a great buyer resource where you can save properties, set up custom listing alerts for homes that meet your needs, get local Marlboro, NJ school and community information, and more!

Things you should know as a first time buyer

The home buying process can be a bit intimidating for first time buyers. The  first time home buyer information compiled for Marlboro and other New Jersey buyers  below can help. Properties are a big investment and buyers should educate themselves about the process and know what is involved so they can make informed decisions which will make their first time home buying experience a pleasant one.

Preparing to Buy

Find a Real Estate Consultant (Realtor®)

First step is to find  a real estate agent who is also a Realtor to help with your home purchase. A real estate agent is a Realtor when he or she becomes a member of the NATIONAL ASSOCIATION OF REALTORS(NAR). Membership in NAR means that Realtors adhere to the NAR code of ethics which is based on prefessionalism and protection of the public. Evaluate several Realtors and select the Realtor that best understands your needs. A good Realtor will guide you through the whole process and help you with all the resources you need to buy your new home. They can help you get in touch with local lenders and attorneys, identify appropriate properties, prepare contracts, and make the process easier for you. This is a crucial step in ensuring that your home search and purchase go smoothly. When you find the Realtor that understands your needs have that Realtor represent you through out the whole process. Some first time home buyers are under the misconception that going to the listing agents directly or dealing with different agents on different properties gets them the best possible deal – this is not true. You need to understand the real estate relationships in New Jersey and have a thorough understanding of who the agent represents.  Having a Realtor that understands your needs and works for you could make a huge difference in the home buying process.

Find a Local Lender and get Pre-approved

Interview several mortgage companies. Pick a lender that comes recommended by your Realtor or someone you know to avoid  hassles at closing time. Get pre-approved by a Lender with good reputation. Keep in mind that banks may provide different alternatives than mortgage brokers. Compare their services and fees to figure out the best program. This will help you understand the estimated up-front and recurring costs of home ownership. This will also restrict the types of homes you will be seeing whether it is in Marlboro or other areas of New Jersey.

During the Buying Process

Find the right home

Getting pre-approved will give you a good idea of the price range you should be looking at. Only visit homes within your price range. This avoids the heartbreak of wanting a property that you cannot purchase. Visiting homes can take reasonable time and energy, so sticking to your budget will also save valuable time. After the first iteration you may realize that the home that best fits your needs may be in the higher price bracket (still within your price range) than you had initially thought – this happens a lot of the time. Understand what the difference in home price means to you on a daily basis. Sometimes this could just mean giving up eating out once a month or giving up a cup of coffee a day. Looking at things this way will help you make the right decisions with regards to purchasing the right home for you and your family. Also remember that as a first time home buyer you want to be comfortable making those monthly mortgage payment and not be a slave to your house. So, it is important that you can comfortably afford your first home and be able to enjoy it for as long as you live in it. Always be honest and consult with you Realtor when needs or affordability changes so they can help you find the home that is right for you.

Contracts

Realtors can provide you with information on contracts and negotiating them, but they do not practice law. Evaluate using a local real estate attorney to interpret legal terms of a contract and add any necessary terms needed to protect you during your home purchase. Make sure that you completely understand the terms and obligations of contracts before signing them.

Inspections

Inspections are not intended for price re-negotiations. Also avoid negotiating obvious problems. Such strategies often fail and may cause you to waste the money spent on the inspection. Sellers have the option to repair issues, offer to compensate you for them, or  do nothing at all. Try to be fair with your requests and sellers will be more willing to accommodate them.

Walk-Thru Prior to Closing

Shortly before the closing, you will have an opportunity to view the property. Try and make this after the seller has removed their belongings. If any issues are found during the walk-thru, you should resolve them before completing the closing as completing the closing signifies your acceptance of the home and its current condition.

Property Closings

You must have proper identification for the closing. Closing costs and down payment funds must be certified. Also bring your checkbook for any last minute adjustments. After the closing, the property is officially yours! Do remember to transfer all utilities in your name as soon as you are the official owner of the property.

More First Time Home Buyer Information

The home real estate process will be much easier if you prepare in advance and keep the information above in mind. For additional  first time home buyer information, contact Sujatha Bhaskara at Keller Williams Realty by calling 732-319-1340 or by emailing sbhaskara@optonline.net.