The road to homeownership doesn't have to be scary. You just need the right professionals by your side to help you along the way.
If you've never owned a home and you're thinking now might be a good time for you to buy, the first thing many people will do is go online and find a mortgage calculator to determine how much "home" they can afford. While that may be a good starting point, there are many things to consider. For example, property taxes can vary greatly from state to state, and even town to town. If you live in New Jersey like me, property taxes will play a large part when it comes time to consider where you will buy, and how much you can afford. Another major factor in understanding how much you can afford is the mortgage interest rate. Just a half of a percent (0.5%) can increase your monthly payment significantly! In recent years, the mortgage rates have been at historic lows, but that road has taken a turn and rates are on the rise. Mortgage rates are still currently quite low at around 4.2%, but that number is projected to climb and can be close to 5% by the end the year.
"Last year we decided to take advantage of the buyers market. Mark helped us navigate through the short sale process, get a great deal on a beautiful home in a great neighborhood. It was a long & frustrating process at times, but he helped us by dealing with attorney's, title companies, realtor's, etc. to help speed the process along. At the same time Mark listed the house we were currently living in. It was slow that summer getting buyers in. We decided to list the house as a rental as well. He found a renter that wanted to rent with the option to buy. So we quickly got someone in the house so it didn't have to sit vacant & in a few short months we sold the house. He made the selling/purchase process a much easier one. I was very relieved he was helping us. This whole process can get scary & frustrating & trying at times to say the very least. Having someone who has the years of experience & knowledge of the neighborhood & the whole process was a huge relief to myself & my husband. We are very happy to be settled in our home & in November celebrating 1 year since we moved into our new home!"