How Refinancing Can Hurt You Financially, How To Avoid A Home Renovation Money Pit, Alternative Financing For Developers

 

How Refinancing Can Hurt You Financially

Real Estate Tip:

Think twice before sinking a lot of money into a home renovations like granite counter tops, pricey fixtures and fancy alarm systems--on average, capital improvements add only 50% of their cost to a home's value!

Real Estate Insight:

As banks pullback construction financing, developers are increasingly turning to life companies for construction financing, particularly developers who also plan to hold the completed property long-term.

 

Who REALLY Has The Power In A Real Estate Deal, Renovation Plan Of Attack, NJ Housing Supply Insights

 

Who REALLY Has The Power In A Real Estate Deal

Real Estate Tip: 

Prepare a detailed plan of attack long before you begin renovating a property

Real Estate Insight:

More than half of New Jersey's 21 counties have less than 8.0 months of supply, which is a balance point for home prices.