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 …

Timing Your Morris County Home’s Sale

themenardgroup Morris county, North Jersey, Mountain Lakes, Selling your home, Luxury, Luxury Homes, Selling

Hardly anyone decides to put their own Morris County house up for sale without wondering whether there wouldn’t be a better time to do so. There are a couple of different ways to look at the timing of your Morris County home’s sale—but only one of them is controversial. Controversial: timing by the calendar. A good number of real estate …

Morris County Refi Warriors Take the Initiative

Noelle Paclawskyj Uncategorized, Morris county, North Jersey, Mortgage rates, Mountain Lakes, Renovations, Luxury, Luxury Homes, home improvement, mortgage refinance

Back when Morris County mortgage interest rates plummeted by 46% in less than four years, it precipitated a sort of refi tsunami. The volume of Morris County refinancings was nothing short of enormous. For the first time in a long time, the benefit for homeowners who could lower their Morris County mortgage interest payments had become all but irresistible to …

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 …

For Some Morris County House Hunters, Autumn = Opportunity

themenardgroup Uncategorized, Morris county, North Jersey, Downsizing, Investment property, Mountain Lakes, House prices, Selling your home, Listing agent, Luxury, Luxury Homes, Selling

A while back, Forbes noted what they called “The Four Ways the Real Estate Market Changes” after Labor Day. The article recognized a truism that holds for most parts of New Jersey—namely, that the period between Labor Day and Thanksgiving is what most of us think of as “fall.” It went on to describe four ways the change of seasons …

Here are the 5 Top Reasons for Selling Your House in Morris County

themenardgroup Uncategorized, Morris county, Downsizing, Mountain Lakes, Selling your home, Luxury, Selling

When you have a firm timeline that governs when you’ll be selling your Morris County house, it’s one decision that’s made for you. Of course, it’s not always that easy. If a move from one home to another, or from Morris County to another area isn’t dictated by outside events, you have to make the decision anew every week or …

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 …

Long Term Strategic Thinking for Selling Your Morris County Home

themenardgroup Uncategorized, Morris county, North Jersey, Downsizing, Investment property, Marketing, Mountain Lakes, Selling your home, Staging, Renovations, Luxury, Luxury Homes, Selling, home improvement

Selling your Morris County home is never something you do on a whim. There can be rare situations when the decision to sell is a sudden one that’s forced by unexpected life circumstances (favorable or not)—but selling your Morris County home is not likely to be the result of some sudden impulse. Since that’s the case, it follows that most …

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 …