Posted tagged ‘Hoboken homes for sale’

Amazing Benefits Of Home Ownership In Hoboken

March 17, 2011

Owning a home has been an American Dream for as long as anyone can remember, and even during the past few years when the economy has been down, it has still been part of the American Dream. In fact, 67% of homes in America are owner-occupied. According to the National Association of Realtors, there are many benefits to homeownership in Hoboken.
● It is a fact those who are homeowners are happier and healthier than those that are not. Also, homeowners have more of a feeling of control over their own lives.
● The homeowners of America pay 80% to 90% of federal income taxes. These taxes help to contribute to numerous federal programs which benefit everyone in America.
● Those who rent can expect to see, on average, an increase of 3% on their monthly rent each year. Homeowners have the benefit of fixed rate mortgage loans and enjoy a steady monthly payment for the term of their loans.
● Another known benefit of homeownership is that children of homeowners are more apt to participate in organized activities which means less time being couch potatoes.
Homeowners tend to be more involved with volunteering and contribute more to their neighborhoods.
● Moving can be a lot of work and those that rent, tend to move more frequently than those who own their own home. The stability achieved by homeowners not frequently moving, will help reduce crime and do their part to help with the overall upkeep of the neighborhood.
● Maybe the best reason for homeownership is that children of those who own their own home do well in school and stay in school longer than children of those who rent.

Home ownership in Hoboken is also doing its part to help the economy. The housing industry makes up 15 % of the Gross Domestic Product in the United States. Every home purchased in the U.S. adds on average $60,000 to the economy throughout time by the means of home improvements and furniture purchases.

If you are looking to enjoy the benefits of homeownership in the Hoboken area contact me, Eddie Perez of ReMax Gold Coast Realty. You can reach me directly at (201) 344-2886 or check out my InvestHoboken website.

Designer Bathroom Vanities That Anyone Can Have In Their Hoboken Home

March 3, 2011

Are you an HGTV or DIY fanatic? If so, you have probably seen those episodes where they find an old cabinet at a flea market and turn it into a beautiful designer bathroom vanity or chest. If you are not familiar with this practice, it is easier than you think to recreate this look without having to pay those designer prices. You too can have those designer quality pieces you have seen in magazines and thought you could never afford in your Hoboken home for an affordable price.
To start the process, you want to scour local flea markets and antique sales for just the right piece of furniture that will work in the area of your home you plan to place it in. An old dresser, large nightstand, dressing table, or desks are all pieces of furniture that are used frequently. It is important before you buy your treasured find to measure the space that you plan to put it in so that you do not get it back and home and it does not fit.

Once you bring your find home, you want to examine the way it was constructed in detail. Is it held together with screws or wooden blocks? Things like this are what you will want to look for. If your purpose is to use it as a bathroom vanity, you want to carefully remove the top of it intact as this will make a great template for your new top. Next, cut a hole in the place on the back where the plumbing will go. Finally, level and shim your new piece into place until it is level. You want to be sure your new vanity is secure to the wall by screwing it into the studs on the wall.Choose a top to place on the vanity that will match your Hoboken home such as granite, marble or Corian. Do not forget to pick up a new sink to go with your new top.

If you are looking to buy or sell a home in the Hoboken area, contact me, Eddie Perez of ReMax Gold Coast Realty. You can reach me directly at (201) 344-2886 or check out my InvestHoboken website.

New Jersey Chief Justice Takes Robo-Signing Seriously

March 1, 2011

New Jersey Chief Justice Stuart Rabner aims to protect Hoboken residents and all of New Jersey. Questionable foreclosure filings across the nation have New Jersey’s Chief Justice Stuart Rabner, working to establish a set of initiatives to combat this in New Jersey. He is concerned with the increased number of foreclosure filings, and that there may be incorrect applications. He said, “It is important the judiciary system ensures that judges are not rubber-stamping questionable documents that may not be reliable.”

The term “robo-signing” has been extremely popular lately; especially with the brief foreclosure halt we saw last fall. Robo-signing is when mortgage lenders and other service employees sign hundreds and thousands of affidavits that are then submitted in support of foreclosure claims. Many of those employees sign without having any knowledge of the information in the paper they just signed.

In 2010 there was over 65,000 applications filed throughout the state of New Jersey, which is up from the nearly 22,000 only four years ago. In December, Chief Justice Stuart Rabner ordered six large mortgage lenders to file documents to the court that provide their internal foreclosure application process to ensure they are up to standards. These documents were due to the court by January 19th, 2011. New Jersey is not the only state to take these measures New York has also done the same.

If you are considering purchasing one of these homes, it is important to contact a local Realtor(R) such as myself, Eddie Perez of ReMax Gold Coast Realty, to gain more information on how to protect yourself. You can reach me directly at 201.344.2886 or check out my InvestHoboken website.

Don’t Be Left In The Dark About Your New Hoboken Home

February 24, 2011

An ad for a Hoboken estate sale catches your eye and you decide to take  a look at the home that is being offered. The home looks like a great deal, but are you aware of the disclosure process when it comes to buying a home from an estate or out of foreclosure?

What many people do not realize is that a property listed by a corporate or institutional seller in many states is exempt from having to make disclosures on the property available to buyers. In contrast, when you buy a home from a private “equity seller,” you must be told about the leaky roof or the bad septic tank. The bank who owns a distressed property does not have to let you know about these problems. What you don’t know can leave you in the dark about a lot of what you need to know about the biggest purchase of your life.

Unfortunately, when this happens, many times buyers are left fending for themselves when it comes to trying to retrieve information about the condition of the home they are considering. As a result of the rising number of foreclosures in the past few years, this is becoming more and more of a problem for many buyers.

It is very common among banks selling foreclosures to complete a disclosure form that will say something to the extent that they have no knowledge or any information about the property, and that you are advised to have it thoroughly inspected. A few states do require all sellers to disclose any information that they may have. However, it will be difficult to prove what information the seller really did have later if it does come down to it.

It is best if you are buying a home in this situation to avoid relying on disclosures and have the property you are considering buying intensively inspected.

Don’t be left in the dark about the biggest purchase of your life. If you are considering purchasing one of these homes, it is important to contact a local Realtor(R) such as myself, Eddie Perez of ReMax Gold Coast Realty, to gain more information on how to protect yourself. You can reach me directly at (201)-795-0100 or check out my InvestHoboken website.

Can Color Cost You a Sale in Hoboken?

October 6, 2010

When selling a home in  Hoboken be careful with the choice of colors you are using for your decor. The wrong colors could be sending the wrong messages to potential buyers.

Many feel that neutral beige or off-white walls are what sells listings, but many times it’s a touch of color that may be what you need to turn a buyer’s head in a listing that is slow to sell. Although, beige may be perfectly acceptable, the right color on a home’s walls, or the perfect color accessories can trigger positive physiological and psychological responses among potential buyers.

Many studies have been done on the impact of color in purchasing decisions.
The best color to get a buyer’s attention is green. During light-spectrum research that focused on treatments for season affective disorder, subjects exposed to green stated they were in the happiest moods, more so than any of the other subjects tested that were exposed to different colors.

Before you start to add green to the decor of your  Hoboken home, take caution. Not all shades of green are the right way to go. It’s the lime greens, or any yellow-greens that will not fly with most buyers. It’s the medium shades of green such as sage that have gained popularity.  Particularly, bedrooms painted in creamy tones of green – are good choice. Another good color choice beyond green, is buttery yellows, complemented with white trim accents.

If you’ve gone with beige, green or even purple, Eddie Perez can sell your colorful Hoboken home. Give Eddie a call today and have your home on the market sooner than you think.

For more information, contact Eddie Perez, Broker-REALTOR, CDPE. Eddie’s market  includes Hoboken, Jersey City, Weehawken and Union City. Eddie can also be reached by phone at 201-344-2886.

Hoboken Mortgage Rates are at All-Time Lows

October 5, 2010

The rates for 30-year fixed mortgages in Hoboken fell this week to 4.32 percent, hitting the lowest level on record for only the second time in history. Rates for 15-year loans dipped to 3.75 percent, making this an all-time low.

Since the Spring investors have been buying Treasury bonds and this has driven down their yields to keep rates at or near the lowest levels in decades.

Stop waiting and take advantage of the low rates and purchase that new Hoboken home today!

For more information,contact Eddie Perez, Broker-REALTOR, CDPE. Eddie’s market  includes Hoboken, Jersey City, Weehawken and Union City. Eddie can also be reached by phone at 201-344-2886.