Develop a relationship with good Realtors.
Home buyers can maximize their advantage by developing a relationship with Realtors who will keep you
informed of new listings and who will
negotiate the best price and terms for you.
See What You Can Afford
One of the best strategies we can offer is to get pre-approved for a
mortgage. It is simple to do and can save you time and money in the
Make a Wish List
We want to hear about your needs, wants and
interests in a home. Tell us what you're looking for:
What type of community atmosphere are you looking for?
What features are priorities, and where are you willing to
compromise? Do you prefer a home in perfect condition or are you
looking to save money on a diamond in the rough?
How far are you willing to travel? Do you want to be
near public transportation?
Do you prefer a small, easily maintained lot in town or a
larger, more rural setting?
Colonial? Contemporary? Split level?
Ranch? Are particular styles more appealing to you?
Do you want to buy at the top of your range or leave
yourself more of a cushion.
Let's Go House Hunting
This is the fun part! We will start our search for homes
in your price range. If
we're looking in towns new to you, we will provide lots of
information -- as well as drive you around to "give you a
feel" for the community.
We watch the market closely and we'll contact
you immediately about new listings that match what your
looking for. Our goal is to help you find the home you're
looking for and negotiate the best price for you.
Negotiating your Offer
When you find a home you want, we will negotiate the best price
possible for your purchase. A
home seller can accept your offer, reject the offer, or make a
If the seller counter-offers, you may agree to that price, or make
your own counter-offer. If your offer is accepted, your
"earnest money" will be placed in a trust account.
It's generally applied to the purchase price when you complete the
We recommend the purchase of your home be contingent on an
inspection. A professional inspector will examine a home basement, attic, bathrooms, electric/wiring, insulation,
plumbing, gas/fuel, furnace, heating and cooling systems, built-in
appliances, foundation, construction, masonry walls, fireplaces and
chimneys, and roof.
Final Walk Through
Always do a final
walk-through after the sellers have moved, but before you go to
closing. The final
walk-through is not the time to do a home inspection. It's simply an
opportunity to make sure that the home being conveyed to you is the
home you agreed to buy. Also
make sure that that all items the sellers agreed to leave are indeed
there. If the condition of
the home has changed since your offer to purchase, you are in a better
position to get the problems handled when you bring them to everyone's
attention before the deed changes hands.
Technically, two separate closings occur at this time: the
closing of your mortgage loan and the closing of the sale. Here
is what happens during and after the closing:
You will review and sign the HUD-1 settlement sheet
and other loan documents.
If everyone agrees that the papers are in order, you submit a
certified or cashier’s check to cover the closing costs and the
balance of funds due (if applicable).
If the lender will be paying your property taxes and homeowner's
insurance, a new escrow account is established.
You receive the keys to your new home.
The closing agent will record the mortgage
and deed at your local government clerk’s office. When the deed is
recorded, you become
the official owner of the home.
Buying a Home
the New Jersey MLS
Home Buying Articles and Advice
Home Buying Process
All about Mortgages