If you have been considering purchasing a new home think about the following: With a new home you will have the option to customize it with kitchen appliances, flooring, counter tops and color choices. There is minimal maintenance involved with a new home and materials used are newer and do not pose a possible health [...]
Archive for the ‘Live in Hoboken’ Category
Is an FHA or VA Loan in Your Future?
January 24th, 2011 
baglemae If an FHA or VA loan is in your future to purchase a condo, be sure to check into the specifics for the area you are interested in. The majority of condos must be purchased with conventional financing (20% down payment) or all cash. To qualify for FHA and VA loan programs, condos must meet [...]
The American Dream is Shrinking
January 21st, 2011 baglemae According to the National Association of Home Builders, Hoboken and other home builders are going smaller with the size of new homes. The average size of a new home has been reduced and is expected to shrink more during the next few years. In 2015 the average home size is predicted to be approximately 2,150 square [...]
The Color of 2011
January 15th, 2011 EddiePerez Paint industry forecasters are saying that homeowners will be very budget conscious when choosing paint for their home during 2011. Since painting your home is one of the best and inexpensive ways to update the look of your home the possibilities are endless. Sherwin-Williams’ has introduced “Today’s Colors” 2011 by dividing colors into four palettes [...]
Hoboken & Jersey City Distressed Property Numbers and How to Prevent Becoming One
January 14th, 2011 EddiePerez Hoboken and Jersey City are not immune to the foreclosure wave that has been sweeping across the U.S. over the past 2 years. Realty Trac, the leading online marketplace for foreclosure properties released its Year-End 2010 U.S. Foreclosure Market Report™ which showed 3,825,637 foreclosure filings-default notices, scheduled auctions and bank repossessions which was an increase [...]
Posted in Hoboken Homes, Hoboken Market Statistics, Live in Hoboken 
Tags: 07030, foreclosure prevention Hoboken, foreclosure prevention Hudson County, foreclosure prevention Jersey City, Hoboken condos, Hoboken distressed properties, Hoboken Homes, Hoboken Properties, Jersey City condos, Jersey City distressed properties, Jersey City homes, Jersey City properties 
No Comments »Hoboken Condo Appraised for Less Than You Thought?
January 12th, 2011 EddiePerez When counseling buyers and sellers on their Hoboken metro area real estate, I prepare them for what is becoming a somewhat common occurrence…..the low appraisal. That’s a situation where an appraisers estimation of value for a particular property is lower than the accepted offering price. For instance an offer is accepted for $550,000 but the [...]
Don’t Walk Away
January 9th, 2011 EddiePerez Borrowers who consider walking away from their Hoboken mortgages will need to think twice. With Fannie Mae’s implementation of a new policy that penalizes borrowers who walk away even though they had the ability to pay, or who did not complete a workout arrangement will be put into a tough situation. These borrowers will now [...]
Posted in Hoboken Homes, Live in Hoboken Tags: Fannie Mae new policy, Walking away from a home No Comments »Home Sales Rise in January
January 6th, 2011 EddiePerez According to the National Association of REALTORS®, There’s good news regarding the housing market with pending home sales rising again in November 2010, and the overall trend judging by the past five months is that it looks like a gradual recovery will continue into 2011. The Pending Home Sales Index, a forward-looking indicator, rose 3.5% [...]
Green Ways to Clean your Hoboken Home
January 3rd, 2011 EddiePerez Many of today’s cleaning supplies commonly used in your Hoboken home may contain generous applications of chlorine, ammonia, lye and phosphates. In some brands you can even find acetone, formaldehyde and phosphoric acid. Household-cleaner manufacturers do not always list the toxic chemicals that are contained in their products, but some states are now starting to [...]
Tips for Securing a Loan
January 2nd, 2011 EddiePerez Don’t forget that there are some important things to be done before locking in a mortgage rate. While loan rates have been at their lowest in a very long time, they are beginning to creep up again, so now is the time to buy that Hoboken home you have been considering. One of the most [...]
