Sneaky Tip To Uncover A Property’s Secrets Before You Buy, Poor Designed Home Attributes To Avoid, Home Equity Boost

Tip To Uncover A Property’s Secrets Before You Buy

Real Estate Tip:

Avoid poorly designed homes--this is often referred to as functional obsolescence.  Functional obsolescence reduces the desirability of your home and makes it more difficult to sell.  Here are some examples that you should steer clear of:  1) No bathrooms on first floor
2) Bedrooms with no closest
3) Knob-and-tube wiring or fuses instead of a circuit breaker box
4) One outlet per room

Real Estate Insight:

One million borrowers regained home equity In 2015
 

Can I Borrow My Loan Down Payment To Buy Property?, Buffer Before You Buy, NJ Apt Demand

Can I Borrow My Loan Down Payment To Buy Property?

Real Estate Tip:

Before you buy property, incorporate a margin of safety when you do your financial projections--a buffer for unforeseen circumstances outside of your control that may cost more $ than you anticipated.

Real Estate Insight:

Demand for rental apartments remains strong in NJ with statewide occupancy rates being amongst the highest in the US.