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 …

6 Vacation Safety Tips to Keep Morris County Homes Unburgled

themenardgroup Uncategorized, Morris county, North Jersey, Mountain Lakes, Second home, Vacation property, Garden State, Luxury, Luxury Homes, Multi-family

An overstuffed curbside mailbox, blazing porch light at noon, or a pile of newspapers out there by your front door all indicate a couple of things Morris County homeowners would do well to avoid. For burglars and housebreakers of all stripes, these are like lighted billboards announcing: This Morris County homeowner is off somewhere enjoying a nice summer vacation; and …

Morris County Real Estate Investment: More Liquid Than You’d Think

themenardgroup Buying, Morris county, North Jersey, Investment property, Mortgage rates, Mountain Lakes, Second home, Selling your home, Luxury, Luxury Homes, Luxury Buyers, Selling

Buying a home as a place to live certainly has important financial implications, but they are only part of an equation that has major lifestyle implications. A given house may be a really terrific deal—but if it turns out that you aren’t comfortable living there, buying it will probably wind up being a mistake. When the motivation for an investment …

The Absolute Best Time for Buying a Home in Morris County

themenardgroup Buying, Morris county, North Jersey, Investment property, Mortgage rates, Mountain Lakes, Second home, House prices, Listing agent, Luxury, Luxury Buyers

To end the suspense, the answer to the title question about when is the optimal time to buy a home in Morris County has been officially answered. The answer is, more or less, “now.” All right, there’s an alternate answer, “as soon as practical”—but that is a less dramatic-sounding version of the same thing. The official nature of that answer …

Long-Dormant Morris County Mortgage Rates Now “Poised”

themenardgroup Buying, Morris county, North Jersey, Downsizing, Investment property, Mortgage rates, Mountain Lakes, Second home, Selling your home, Luxury, Luxury Homes, Multi-family, Luxury Buyers, Selling

Most of us favor a high degree of predictability when it comes to things like the interest rates on mortgages. In that realm, “poised” is a bad word. When anything is poised, it means it’s about to do something different: change. For those who like predictability, change is unwelcome. But this week should provide both good and bad news when …

U.S. Home Owner’s Equity Doubles: Here’s How and Why

themenardgroup Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, Second home, Selling your home, Listing agent, Luxury, Luxury Homes, Selling

Diana Olick is a well-known industry writer. Anyone with an interest in Morris County real estate can usually find something of value when she comes up with a new entry in her CNBC column (the one with the pun-worthy title, “Realty Check”). This month she commented on the rising housing market across the nation and its repercussions in terms of …

3 Moves to Avoid When You’re Buying a House in Morris County

themenardgroup Morris county, North Jersey, Mortgage rates, Second home, House prices, Garden State, Selling your home

First, a word about these Things to Avoid when you’re in the process of buying a Morris County house: it’s a short list. The reason it’s so short is because of who you are—since you’re reading this, it means you’re someone who is taking the time to delve into what’s happening with Morris County real estate. That makes it unlikely …

Vacation House Notions Beckon as Summer Nears

themenardgroup Buying, Morris county, North Jersey, Rentals, Second home, Vacation property, Garden State, Selling

  As our North Jersey’s spring selling season edges toward summer, the allure of vacation houses is more likely to emerge as a front burner issue. The practical rewards of having a second home as a vacation retreat—sometimes one which can also be rented out part-time—is more likely to become an action item as the summer months near. Earlier this …

Your North Jersey Rental Investment Needn’t be a Time Drain

themenardgroup Buying, Morris county, North Jersey, Investment property, Marketing, Rentals, Second home, Garden State, Multi-family

When you buy a property as a Morris County rental investment, you join the world of investors who recognize the value of an investment that’s as solid as the ground we walk on—one with the additional advantage of providing a steady cash dividend. With those dual advantages, you’d wonder how other investments can offer much competition, were it not for …