Tag Archives: NJ

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Real Estate Market Update For Egg Harbor Township NJ

Here’s a quick look at the real estate market for Egg Harbor Township, NJ from our latest research report.  Home price do vary on a monthly basis as often time one high or low priced home can skew the numbers.  Here are the important numbers to look at for single family homes.  Inventory is down nearly 5%.  Home prices are up 2.3% year to date.  Days on market is down to 71 days on market year to date and just 55 days on market for the month of November.  Closed sales are up nearly 8% year to date.Real Estate Market Update For Egg Harbor Township NJ

 

For condos and townhomes prices are up year to date by nearly 30%.  The number of closed sales is down 32% year to date.  Egg-Harbor-Township-December2108marketupdate

If you or someone you know if buying or selling a home in Egg Harbor Township, NJ contact me for customized market report based on your specific criteria and location.

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Love Life in Egg Harbor Township, NJ

Living and loving life in Egg Harbor Township, NJ 08234

Egg Harbor Township is an excellent place to put down roots and live within a home-town community.There are several neighborhoods which offer a variety of homes, both older and newer constructions, ideal for raising a family, creating a retreat away from work, or enjoying retirement. Whatever your lifestyle and personal needs for a house, Egg Harbor Township is a place worthy of calling home.

Life in Egg Harbor Township, NJ

Life in Egg Harbor Township, NJ

Demographically speaking,Egg Harbor Township is a diverse community, in cultural heritage, education, and career/work background. With a larger proportion of the households being families, Egg Harbor Township provides excellent resources and amenities such as top-rated schools, parks and plenty of social opportunities, making it easy to connect with other families and build community bonds.  With many neighborhoods and sections you’re sure to find the right one for you.

Situated along the New Jersey coastline, it’s easy to get out and experience the rugged beauty of the scenic, coastal landscape along Great Egg Harbor Bay and River, Tuckahoe Wildlife Management Area and Egg Harbor Township Nature Reserve; just to name a few spots wort checking out. With the New Jersey Pinelands National Reserve right in our backyard, an almost endless run of trails awaits exploration.

Fun Fact: Great Egg Harbor get its name from the vast number of bird eggs which covered the meadow lands along the bay and river shoreline.

Egg Harbor Township is located minutes from Atlantic City and Ocean City and all the great beach towns like Margate, Longport, Ventnor and Brigantine.  Egg Harbor Township is located 1 hour from Philadelphia and two hours from New York City.

We have homes of all styles and budgets.  From condos, single family homes, 55 and over communities and even riverfront and waterfront homes.  Egg Harbor Township also offers new construction homes from some of the nations top builders.  This community is also conveniently located near shopping, medical facilities and and great restaurants.  Egg Harbor Township has a lot to offer come and see for yourself.

If you want to view homes in Egg Harbor Township, get the conversation started with me today at 609-338-3773 or contact me here.

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Keller Williams Realty Atlantic Shore Is Outperforming The Market

Once again our market center is outperforming the market.  As many of our competitors businesses are contracting we continue to grow while providing maximum benefits for our clients.

Keller Williams Realty Atlantic Shore Is Outperforming The Market

The chart below compares Keller Williams Realty Atlantic Shore and the entire South Jersey Shore Regional Multiple Listing System (all real estate brokers combined).  We are outperforming the market in every category.  Our main office is in Northfield NJ and we also have offices in Brigantine and Little Egg Harbor NJ.

Keller Williams Realty Atlantic Shore

 

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New Listing! 7097 English Creek Road, Egg Harbor Township, NJ 08234

Lovely 3 bedroom, 2 bath ranch home on one acre with a two car garage

House for sale in Egg Harbor Twp. NJ

Come check out this fantastic house for sale in Egg Harbor Twp. NJ. Priced to sell at $190,000.  This spacious 3 bedroom, 2 bath ranch home is on a 1 acre lot in a quiet section of Egg Harbor Township.

House for sale, Egg Harbor Twp. NJ

Gourmet Kitchen with double oven, granite counters, and soft-close drawers. Tankless hot water, radiant heat flooring, new front windows, wood stove, master bed with walk in closet, deck, 2 car garage and a fantastic back yard.

Join me for an open house Saturday December 15th from 1-3 PM.

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Grocery Store For Sale

Pleasantville NJ Grocery Store Business For Sale

Investment Business For Sale

Do you know anyone who would like to own their own Grocery Store?   This 7,000 square foot specialty grocery store is available for sale.  The store specializes in south asian cuisine.  The store currently brings in about $85,000 a month in income.  All fixtures and equipment are included.  High traffic location and centrally located.  Contact me for more details.

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Can I Buy a House in Atlantic County with No Money Down?

Atlantic County Real Estate

Many people continue to rent for fear of the unknowns of home buying. We’ve shared some information on several great programs for first-time home buyers in our last post. But what if you don’t have a down payment? There are some programs which allow no money down, but certain criteria must be met.

Can I buy a house in Atlantic County with no money down?

USDA Loans are backed by the U.S. Department of Agriculture (USDA). These loans are also known as rural housing or rural development loans as they provide help with the purchase of houses located in certain rural areas and include zero down payment mortgage options for borrowers who qualify. Criteria for qualification includes household income, number of people living in the home and other factors such as approval of the property you are purchasing by area and size among other parameters.

USDA offers a helpful tool on their website to easily calculate the numbers you enter to determine your eligibility. Two types of single-family home loans are available with USDA, Single-Family Direct Home Loans and Single-Family Guaranteed Loans. Both programs have specific requirements for potential buyers which are outlined on the website. You can also search an address for eligibility to determine if a property in a small town or rural area of Atlantic County is covered. For example, just south of Egg Harbor, Corbin City is an area where there may be eligible homes due to its rural designation.

VA Loans programs assist active military members and veterans through the U.S. Department of Veterans Affairs. These loan programs don’t require private mortgage insurance and they have no down payment mortgage options. While these loan programs are provided by private lenders and mortgage companies, the VA guarantees a portion of the loans to get the borrowers the best rates possible. This program is also available to surviving spouses of military personnel and veterans as well.

Can I buy a house in Atlantic County with no money down?The New Jersey HomeSeeker Program now offers $10,000 down payment assistance grants for residents of Atlantic, Burlington, Camden, Essex, Gloucester, Mercer, Passaic and Union Counties. This grant is available for first-time homebuyers who qualify and obtain first mortgage financing through the New Jersey Housing and Mortgage Finance Agency’s (NJHMFA) Homeward Bound mortgage program. Contact our office to see if you qualify.

For more information on no down payment mortgage options, check out this information from Investopedia.  As always, Matt Haviland with The Haviland Group and Keller Williams Realty offers free consultation for first-time homebuyers. Contact Matt today at 609-338-3773 or via e-mail to find out how he can help you.

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First Time Homebuyer Mortgage Options Around Atlantic County

First Time Homebuyer Mortgage Options Around Atlantic County

First Time Homebuyer Mortgage Options Around Atlantic CountyYou’ve saved and planned and you’re ready to take the plunge into home ownership. There are many great mortgage choices for first-time homebuyers to consider. This list will break down some of the most popular options and provide links to find out more about the ones you may qualify for.

First Time Homebuyer Mortgage Options Around Atlantic County

FHA Loans are 15 or 30-year loans which are backed by the Federal Housing Administration under the U.S. Department of Housing and Urban Development (HUD). FHA Loans usually allow approval for borrowers with lower credit scores. These loans can also help through low down payment mortgages and lower closing costs. You’ll have to pay a slightly higher rate for mortgage insurance however, which can be paid upfront or annually.

USDA Loans are based on income for qualification and backed by the U.S. Department of Agriculture (USDA). These loans provide help with the purchase of houses located in certain rural areas and include zero down payment mortgage options for borrowers who qualify.

VA Loans are available to active military members and veterans through the U.S. Department of Veterans Affairs and are partially backed by the same. The goal with this program is to assist veterans in purchasing houses. These loans can include no down payment mortgage options and don’t require private mortgage insurance. They do require a one-time funding fee which is a small percentage of the total loan amount.

Good Neighbor Next Door assistance program offers loans for houses which have been foreclosed on at half price to qualified borrowers. This is an incredible program and as such has stringent guidelines. The Good Neighbor Next Door program is available only to borrowers who work in public service sectors as law enforcement professionals, teachers, emergency medical technicians (EMTs) or firefighters. The firefighters and EMTs must also work within the same jurisdiction as the house they are purchasing. These homes are offered in “revitalization areas” as defined by the FHA. These areas generally have a high number of foreclosed properties available.

Fannie Mae and Freddie Mac are government programs which help qualify first-time homebuyers who have low or moderate income with lenders.  The Fannie Mae HomePath Ready Buyer Program in particular offers qualified first-time homebuyers up to 3% toward closing costs for HomePath Properties which were foreclosures under their loan programs.

New Jersey State and Atlantic County Residents can also benefit from some wonderful down payment assistance options outlined in our previous post about First Time Homebuyers Government Programs. Check out the blog post to find out more about first time government programs that are available. These are great offerings specifically for area residents.

The options are too many to list but there’s sure to be something for most any first-time homebuyer to benefit from. For more choices and information see this informative Bankrate article.

Matt Haviland with The Haviland Group and Keller Williams Realty always offers free consultation for first-time homebuyers. Contact Matt today at 609-338-3773 or via e-mail to find out how he can help you.

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3 Things You Should Know Before Buying A Home As A First Time Home Buyer

Before you buy a home read this article!

First Time Home Buyer

As a real estate agent I’ve helped dozens of first time home buyers over the years and I’ve learned there are 3 things you should know before buying a home as a first time home buyer.  Now the first one may be a surprising and the second two may be obvious.  So lets dig in to these three items now.

3 Things you Need to Know as a First Time Home Buyer

1. It’s Okay Not To Buy A House

Many first time home buyers feel like they have to buy a house!  We just got married – have to buy a house. I just graduated college… time to buy a house.  I’m 38 years old and live in my parents basement… you really should buy a house then!

First Time Home BuyerSo here is my point.  Just because you are at a certain stage in life does not mean you should buy a house.  One of the big problems I see is people want to buy a house who really can’t afford it.  Maybe they’ve just graduated college but have a huge amount of debt or student loans.  It may be best to pay off the debt first and then save money for down payment before purchasing.  Also it’s not wise to buy a home unless you see yourself living there for at least 5 years.  Renting is a great option if you’re not ready to buy.  Don’t listen to everyone who says you have to buy a house.

2. Know Your Mortgage Options

The biggest step as a first time home buyer is to qualify for a mortgage, what loan program to use and how much you can afford.  The mortgage company will look at credit scores, debt and income to determine if you qualify for a mortgage.  You’ll also want to determine what mortgage program is right for you.  I always recommend a conventional loan at 20% down payment to avoid paying a mortgage insurance premium every month.  There are other programs with zero down like a USDA or VA loan, and low down payment options like 3.5% down with FHA.  It’s important to select a local mortgage company and loan officer who knows the area and all available loan options including any local grants and programs for first time home buyers.

3.  Select The Right Real Estate Agent

Everyone knows someone in real estate, right?  Selecting the right real estate agent is the next biggest step as a first time home buyer.  Selecting an agent because they are a friend or friend of the family can be a disaster.  When interviewing or researching an agent here are a few great questions to ask:

  •  How long have you been in the real estate business?
  • How many people do you help per year?
  • Are you a full time agent?

These are simple questions and important ones.  When you are making one of the biggest financial decisions of your life do you want someone helping you who is inexperienced, unresponsive and not organized?

Hopefully my 3 things you should know before buying a home as a first time home buyer helped you out as you start to look for your first home. Of course if you need a great mortgage consultant and real estate agent we are here to help.  Contact me for a free consultation.

Best wishes,

Matt

You can see a success story of one of my first time home buyers here.

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New Listing: 2403 Lahn Lane, Mays Landing, NJ 08330

4 bed, 2.5 bath, executive home for sale on an acre in fantastic Hamilton Walk.

I just listed a lovely home for sale.  It’s located at 2403 Lahn Lane, Mays Landing, NJ 08330.  The home is located in the fantastic executive Hamilton Walk community.  It features a 1 acre private lot yet close to major roadways and shopping. The neighborhood is just down the street from the Atlantic City International Airport, FAA Technical Center, Air National Guard and Coast Guard.  It’s also a short drive to Atlantic City and less than a mile to the Expressway East and West ramp toward Philadelphia.

The home features a great layout with Game room/family room, office, dining room and great room with updated eat in kitchen and family room. Newer stainless steel appliance, granite countertops in the kitchen and laminate wood floors throughout first floor. Bonus room on the 1st floor currently used as 4th bedroom. Master suite has his and hers closets and large master bath. Large outdoor deck with built in bench seating. Fantastic back yard. This home and grounds are beautifully maintained.  The list price is $268,000.  Contact me for details or to schedule a showing.

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$50,000 Help For NJ Home Owners Facing Foreclosure

New Jersey HomeSaver offers eligible homeowners up to $50,000 in financial assistance to help bring their household monthly payment to an affordable level

Did you know that the NJ Hardest Hit Fund has funds available to help home owners facing foreclosure?

New Jersey HomeSaver program offers eligible homeowners up to $50,000 in financial assistance to help bring their household monthly payment to an affordable level by using HHF funds to facilitate a refinance, recast, or permanent modification of the first mortgage loan.

THIS PROGRAM NO LONGER EXISTS VISIT OUR RESOURCE PAGE FOR CURRENT FORECLOSURE AND MORTGAGE ASSISTANCE PROGRAMS.  https://sjhouses.com/foreclosure-help

Matt