Archive for February, 2010

The question may sound stupid but it’s one of the major things I’m asked from buyers. If you live in a townhouse unit chances are you have a garage and you can park in there and in the driveway. If you choose a condo style unit (similar to one I live in) you usually receive an assigned space with a letter printed on the concrete. The rest of the parking with out markings is open to your guests and your other car you may have. It works out to be a great system because the condo communities in Bridgewater, NJ have large lots with a ton of ample parking. During the two years I’ve lived here I haven’t run into a parking situation at all and I’m extremely happy with the system.

I hope that clears up the questions and I know it’s something I asked about when I was buying my place. Give me a call or email me with any other questions and enjoy the rest of your weekend!

It’s a tough question to answer. The basic real estate idea is that if your home is free from any major issues, shows well to buyers, and it’s priced right your house will move quickly. These 3 things sound simple but many time homeowners miss the mark on one or more of these points.

You sit down with your agent and they come up with a price the market is showing for a property like yours. Sometimes for whatever reason the owner has a price they feel they deserve or need to get for the property. They proceed to price it higher than recommended and during the first couple of showings there is no interest. At this point if there is no interest with a decent amount of traffic then it’s time to lower the price.

As a homeowner you need to realize what dragging out the selling process will mean for your bank account. If you’re asked to lower the price 20K and you think thats out of the question and  you keep the price the same. Then the process drags out for a couple months. Think to yourself what 3-4 months of mortgage payment, taxes, utilities, condo fees and whatever else will add up to be. If you break down these costs most times you’ll see what you need to do.

Price is not the only factor a homebuyer looks at when making a decision but in the current market it’s a MAJOR factor. If you do a couple simple things then hopefully your property will move as quickly as you want it to.

If you have any questions give me a call and we’ll get started!