Welcome, Bienvenido, Bienvenue, Vitat & Fáilte to RealEstateByPaul.com
Whatever language you speak, buying or selling real estate is probably the biggest transaction you will make in your lifetime. If you are looking to buy, sell or rent real estate in Randolph, Brookside, Mendham Boro, Mendham Township, Dover, Wharton, Mine Hill or anywhere in New Jersey, I can help you.
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Find your new home!
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Time to move?
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Considering selling?
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Did you know???
* On average, housing prices are as affordable as they were in 2003.
* Interest rates are as low as they have ever been!
* Banks are lending money to qualified borrowers (that is how banks make money).
* A "short sale" is when the property is being sold for less than (or short of) the amount the seller owes a lender. The seller's lender must approve these transactions.
* A "foreclosure" is the act of a lender taking possession of a property due to non-payment. Afterward, the lender usually sell the property for below market value.
Click on Real Estate Glossary for more real estate terminology.
New Listings in Randolph, Brookside, Mendham & Mine Hill
Curious about properties that have sold recently?
Click for Recent Sales |
The current real estate market is...
GOOD if you are selling one property and buying a smaller one. Why? You may not be able to sell your existing house for what you could have in 2005, but you will get a good deal on your new house.
BETTER if you are selling one property and buying a larger one. Why? You may not be able to sell your existing house for what you could have in 2005 but you will get a great deal on your new house.
BEST is you are a first-time buyer. Why? There are an abundance of quality homes, prices are discounted, interest rates are at historic lows (under 5% for qualified buyers!)
What does this mean to you?
2010 is a GREAT time to buy. Why? Right now there are a large selection of deeply discounted homes on the market, interest rates are at historic lows, and lenders like Weichert Financial are offering great financing for qualified borrowers.
2010 is a GOOD time to sell. Why? You may not be able to sell for what you could a few years ago, but what you "lose" on your sale you might make up for (or more) on your subsequent purchase. Also, interest rates are at historic lows. Your buyer can afford your house now, but not necessarily if interest rates go up.
To Rent or To Own?
My clients often ask me which would be better for them. With an abundance of discounted homes for sale, and historically low interest rate, I almost always recommend buying. Find out which option is best for you!
Upcoming Events:
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Homebuyers/sellers Seminars. Open to the public. 284 Rt 10 Randolph, NJ 11am
September 25, October 16, November 20 Free food, free information! |
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Open house 11 Scenic Hills Drive Blairstown NJ 9/12 1-5pm |
In The News:
* 8/26/10 AP: Mortgage hit low of 4.36%. Click here for full article.
With rates this low, why are you waiting to buy? Or still renting?
* NJ Real Estate Outpaces the Nation
According to the NATIONAL ASSOCIATION OF REALTORS ® (NAR) second quarter 2010 State Resale Report, New Jersey existing home sales have far outpaced the nation. Existing home sales in the Garden State increased 15.4 percent from the first quarter of 2010 to the second. New Jersey’s resales are 29.9 percent higher than the second quarter of last year. The national figure for second-quarter resales only showed a quarterly sales increase of 9.1 percent and a yearly increase of 17.3 percent.
Watch the NJ Association of Realtors State of the Market Video. Click Here.
Real Estate food for thought and humor:
"Its tangible, its' solid, its beautiful. It's artistic, from my standpoint, and I just love real estate."
Donald Trump
"In my house, I'm the boss. My wife is just the decision maker."
Woody Allen
"May you home always be too small to hold all of your friends."
Irish Proverb
"My own recipe for world peace is a little bit of land for everyone."
Gladys Taber
Joke: Selling Shoes
Two real estate agents decided to start a new career to sell shoes.
The two real estate agents go to Africa to open up new markets.
Three days after arriving, one real estate agent said, "I’m returning on the next flight.
I can’t sell shoes here. Everybody goes barefoot."
At the same time the other real estate agent [me] sent an email to the factory,
telling "The prospects are unlimited. Nobody wears shoes here!"
Joke: How many real estate agents does it take to change a light bulb?
20 agents will go by and take a note that its out.
10 of those agents might call a store to see if they have the right bulb.
5 of these agents might go and buy the bulb.
But only one [me] will actually bother to change it!
Looking for the Internet home of Northwest New Jersey's favorite local sports television shows -Skylands Weekly and Sports Beat? Click here for: www.mugsmedia.com
