Applying for Morris County Mortgages: One Underlying Factor

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, House prices, Luxury, Luxury Homes, Luxury Buyers, mortgage refinance

Every mortgage lender develops their own unique guidelines for evaluating the factors contained in a home loan application. These may change from time to time so that their portfolios stay “balanced”—that is, so that the cumulative risk represented by the entire batch of home loans do not exceed the level of risk they wish to assume. Potential Morris County mortgage …

Morris County “Pet-Friendly” Homes: It All Begins with Petscaping!

Noelle Paclawskyj Uncategorized, Buying, Morris county, North Jersey, Mountain Lakes, Garden State, Selling your home, Luxury Homes, Luxury Buyers, Selling

“Pet-Friendly” is a term that used to be confined to the Morris County Homes for Rent ads and a few open-minded hotel chains. Given the 84+ million American households which now include pets as family members, Morris County homeowners who plan on listing their property anytime soon might include those animal census numbers in their thinking. There may not yet …

Business Real Estate Strategy for Morris County Entrepreneurs

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Investment property, Mountain Lakes, commercial real estate

Most Morris County small businesspeople will recognize this post-startup scenario. It’s the moment when the whole idea of long-range planning first starts to make sense. Although everyone who stakes his or her claim in a new business hopes for success, in the beginning, that outcome is far from certain. Throughout the early going, the first order of business has been …

Morris County Mortgage Rates Echo Another 2017 Low

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, Second home, Luxury, Luxury Homes, Luxury Buyers

A couple of weeks back, the ultimate authority on Morris County mortgage rates hadn’t minced words. That was Freddie Mac, whose opinion about mortgage rates constitutes the final say in the matter. Freddie isn’t modest about its preeminence (Freddie’s trademarked corporate slogan is “We make home possible”). Together with sibling Fannie Mae, the quasi-governmental entities stand behind 60% of U.S. …

Financial Guru’s Advice Yields 4 Morris County Home Buying Steps

themenardgroup Uncategorized, Buying, Morris county, Investment property, Mortgage rates, Mountain Lakes, Second home, Vacation property, Luxury, Luxury Homes, Multi-family, Luxury Buyers

What a simpler world it would be if Morris County home buying could be reduced to anything like a simple 4-Step process. Even better if those were four easy steps. Actually, without actually coming out and saying so, that’s the tantalizing prospect hinted at on radio financial guru Dave Ramsey’s web site’s “Home Buying Process Made Easy.” Ramsey is the …

Pricing Your Morris County Home: in Search of Perfection

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, Luxury, Luxury Homes

Figuring out the perfect pricing for any Morris County home for sale would be easier if there were a way to confirm past instances that hit that mark precisely. But that can’t be done. It’s the nature of the beast: it’s simply not possible. Even if a comparable Morris County home’s asking price resulted in being sold immediately at that …

As Morris County Mortgage Rates Hold Steady, Diligence Pays

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Investment property, Mortgage rates, Mountain Lakes, Luxury, Luxury Homes, Luxury Buyers

Mortgage rates in Morris County remained mostly steady this past month, at least partially due to the predictable July-August doldrum effect. When the summertime vacation schedules of Washington and Manhattan movers and shakers presages a slowdown in activity and economic reports, there is simply less going on that might affect the rate meter—in either direction. Summertime can also mark the …

Some Morris County Luxury Homes Might Not be Out of Reach

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, House prices, Listing agent, Luxury, Luxury Homes, Luxury Buyers

The content the National Association of Realtors® publishes is usually staid and non-controversial. After all, what they put out there has to ring true for the real estate industry in every nook and cranny of the country: in communities large and small, coast to coast—from Podunk to Peoria, Manhattan to Morris County. Real estate is, after all, the most massive …

Morris County Mortgages & the Student Loan Phenomenon

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes

All of a sudden last month Morris County readers might have come across a number of new articles dealing with the same topic: the problem young first time home buyers are encountering due to outstanding student loans. The target group is the millennials—everyone born between the early 1980s and 2000s. If you are one of them, you are frequently reminded …

Morris County Mortgage Rates Point to Encouraging Future

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, House prices, Luxury, Luxury Homes, Luxury Buyers, Selling

Last week, following the Fed’s hike in the rates they charge banks, you might expect a matching rise in mortgage rates for Morris County home buyers and refi applicants. If the experts are right, that’s far from a done deal. The Washington Post headline said it all: “Mortgage rates move slightly higher but could be headed back down again.” Mortgage …