What You Must Know About Home Appraisals

By: G. M. Filisko Understanding how appraisals work will help you achieve a quick and profitable refinance or sale. 1. An appraisal isn’t an exact science When appraisers evaluate a home’s value, they’re giving their best opinion based on how the home’s features stack up against those of similar homes recently sold nearby. One appraiser may factor in a recent sale, but another may consider that sale too long ago, or the home too different, or too far away to be a fair comparison. The … [Read more...]

Home Staging in Spring

By Patric Santo Pietro Prudential NJ Properties Any home stager will tell you that “staging is staging” and the principals remain the same throughout the year—keep things clean, clutter free and colorful. But that doesn’t each season comes without its own brand of staging magic. For spring, there are a number of things you can do both inside and outside to take advantage of the beautiful weather. Barb Schwarz, creator of Homes Staging® and CEO of Stagedhomes.com, suggests adding splashes … [Read more...]

Sellers: Leave your Home to Your Agent and Buying Customers

By Patric Santo Pietro Prudential NJ Properties Should I stay or should I go when my home is showing? Gently put, most agents say that when potential homebuyers come to see your home, it’s best that you leave the premises. Perspective buyers don’t want to see owners hovering or milling about. When they do, they get uncomfortable and feel as if they are intruding. This often causes buyers to look quickly without gaining a proper feel for the home. The reason sellers give for sticking … [Read more...]

The Truth About Radon Gas

By Patric Santo Pietro Prudential NJ Properties There’s a scene in “The Princess Bride” where the villainous Vizzini offers his adversary an invisible, odorless and tasteless poison. While his description is meant to conjure laughs, he could have just as easily been talking about radon gas. You can’t see, smell or taste radon, yet exposure to the gas can make you sick. In fact, the Surgeon General has warned that radon is the second-leading cause of lung cancer in the United States today … [Read more...]

Santo Pietro Earns NAR Short Sales and Foreclosure Certification

Buyers and Sellers Benefit from REALTOR® Expertise in Distressed Sales Metuchen, NJ (January 16, 2012) — Patric Santo Pietro, with Prudential New Jersey Properties, has earned the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows. According to a … [Read more...]

Fireplaces Provide a Warm Glow to a Home on the Market

With winter weather gripping most of the country the fireplace takes on greater importance in the sale of a home. The National Association of REALTORS® recently conducted a survey that found nearly two-thirds of homebuyers had a fireplace on their wish list. The fireplace has become a coveted amenity and homes boasting this feature see its benefits during resale. “The fireplace is a focal point when people come to see your home,” said Hillary Staats, an interior designer for Sanctuary on … [Read more...]

Close to 14,000 Houses Sold Yesterday

Taken from the Keeping Current Matters Blog: One of the biggest misconceptions in today’s housing market is that homes are not selling. That is simply not true. Last month’s Existing Sales Report from the National Association of Realtors (NAR) showed that homes were selling at an “annual rate of 5.10 million”. That’s an average of 13,973 every day – 365 days a year! And the monthly Pending Sales Report, which measures the number of houses going into contract each month, has showed … [Read more...]

NJAR to Host ‘Open House Weekend’ on April 2 & 3

The New Jersey Association of Realtors (NJAR) will host its 2001 Open House Weekend on April 2 & 3. This weekend will be a great time for prospective home buyers to see multiple homes in their areas of interest all in one weekend. In addition, the event will give home owners with their houses on the market a chance to showcase their homes to a number of buyers. Who: YOU! What: New Jersey Open House Weekend Where: Open homes throughout the Garden State When: Saturday, April 2nd and … [Read more...]

Americans Confident in Recovery of Real Estate Market

New national survey echoes New Jersey consumers’ belief in real estate as a good investment Somerset, NJ — The majority of America’s potential homebuyers and sellers -- 68 percent -- believe that the real estate market and property values will recover in the next year or two, according to a new survey by Prudential Real Estate and Relocation Services, a Prudential Financial, Inc. [NYSE:PRU] company. This exceeds the 47 percent of Americans who expected house prices would rise in a similar … [Read more...]

Ah, Spring … Make Sure Your Property is Ready for a Warmer Market

Spring is a season of renewal – this year in particular. Just as the birds are chirping and flowers are starting to bloom, the U.S. economy is moving forward with real estate sales percolating in many markets. Indeed, the days grow longer in spring, allowing more time for consumers – especially those motivated by current, historically low interest rates and attractive home prices – to shop for their American dream. If you’re considering selling your property this spring, now's a good time to … [Read more...]