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How To Price Your Inherited Home In New Jersey For Sale

By Cardwell Thaxton

If you’ve inherited a property and you’re planning to sell it, make sure you read this blog post for 3 tips about how to price your inherited home in New Jersey for sale…

Did you inherit a property that you’re now thinking about selling? While an inherited property can be a wonderful gift from a loved one who has passed on, it can also (quite frankly) be a costly burden. So, selling it makes sense and allows you to use the gifted equity for some other purpose. But selling an inherited property may not come easy to you, especially if you haven’t sold a property in a while. So, here’s how to price your inherited home in New Jersey for sale…

Tip #1: Price Quick To Sell

Some people price their inherited property at an amount they think the market might pay for the house. However, there are many factors that go into this price and one of the biggest considerations is: how fast do you want to sell? Selling through an agent “on the market” can take months, and you’ll have to pay for the house and maintain the property the entire time. That can be costly and can eat into the higher price.

Many property owners quickly learn that they’re almost better off to price slightly lower for a faster sale… they might get less for the house, but they also pay less on repairs, carrying costs, effort, and time, so it’s ultimately a trade-off that might turn out to be a total wash.

Tip #2: Avoid Pricing Based On Fond Memories Or Emotion

One of the biggest challenges that property owners of inherited property face when trying to price their property for sale is separating the happy memories from the true value of the house. The house might be worth a certain amount on the market, but you may have such fond memories of growing up in the house or of happy times in the house that you accidentally use that emotion to increase the price. (This is VERY common.)

A better approach would be to work with a real estate company and find out what they can offer you and recognize that the price might be lower than you were expecting… not because the house isn’t worth as much but because your wonderful memories have accidentally inflated the price!

Tip #3: Build In Discounts For Repairs

If you inherited the property from a loved one who had lived in the property for many years, then you might find out that the property needs some repairs. You could choose to do this work yourself and then ask for a higher price but why do that when you could save yourself the time and effort (and what you’d have to pay for equipment, supplies, or a contractor) and instead just ask for less and give a “repair discount”. That way you avoid the hassle of the work, and you still come out the same financially.

Summary

An inherited house can be a lot of work so if you’re thinking of selling it, you’re certainly not alone. But how do you price an inherited house? These tips will guide you on how to price your inherited home in New Jersey for sale.

Why not bypass all the work and cost of selling through an agent and instead get in touch with us today about selling your inherited property to us here at The Cardwell Thaxton Group? Just call us at (908) 456-1593.

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5 Ways A Direct Sale Will Save You Money in New Jersey

By Cardwell Thaxton

So, you find yourself ready to sell and while you don’t want to pay all of the commissions and fees that come along with a traditional real estate agent, you also dread all that is involved with listing the property as for sale by owner. At The Cardwell Thaxton Group, we’ll take the time to listen to all of your questions about the process and the potential savings involved with a direct sale, get started today by calling (908) 456-1593.

Besides avoiding all of the headaches of listing your home on the market, as a seller, you can save yourself money in the following ways by making a direct sale of your New Jersey property. There are 5 ways A direct sale will save you money in New Jersey.

No Repairs or Renovations

Inspections and appraisals are an integral part of the traditional home selling process, leading many to put thousands of dollars into a home that they’re ready to walk away from. In order to pass inspections, it’s possible that you could end up facing overwhelming repair bills for an issue you weren’t aware of previously. Real estate professionals know that many buyers won’t be able to realize the potential you may feel your property possesses because they can’t see past anything that is outdated. These upgrades can be anything from aging cabinetry to apparent wear and tear in flooring, woodwork, and even the paint on the interior and exterior of the home.

Pack and Go

Cleaning? Sell direct and forget it! Experienced real estate agents know that most buyers don’t have the vision to see beyond your clutter or any apparent decorative flaws. They’ll advise that nearly every surface be free of objects. Most especially photographs or items that are of a more personal nature. Today’s real estate professional will likely advise that you store your own belongings and spend further on staging the home, both for advertising publications and showings. In addition, you’ll need to keep up the exterior curb appeal for these reasons. This allows the buyer to more easily visualize themselves living in the home. You can save all the costs involved in a deep clean of your New Jersey home when you sell directly. In many cases, you can just leave behind any items you’d rather not take along to your new residence. 

Forget Closing Costs

You’ll save money when you sell directly in New Jersey by eliminating most of the normal fees associated with traditional closings. You’ll also forego the fees normally associated with the required reports from appraisals and inspections in most cases. Especially on newer or more recently renovated properties. 

No Marketing Expenses

Whether you are working with a real estate agent or selling your home on your own, any marketing expenses will be passed on to you. Naturally, the more you spend, the better your advertising vehicle and reach to the public. As a part of the marketing plan, you’ll need to have your home picture perfect. 

Monthly Costs Eliminated

The monthly costs of homeownership can add a lot of pressure, especially if you’ve already had to relocate for work or personal reasons. These costs can run into the thousands, including taxes, mortgage, insurance, utilities, and maintenance. If your home is aging, repair bills are usually depleting your funds on a more regular basis and can be extremely expensive. The financial burden and personal stress can add up quickly. By choosing a direct sale, you could quite literally save yourself thousands!

Just pack what you want to keep and sell your New Jersey property directly. You can leave the monthly payments behind sooner than you think. Call The Cardwell Thaxton Group today at (908) 456-1593 or send us a message to learn just how quickly we can help you start saving money!

The Cardwell Thaxton Group Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com https://www.sellmyhousefastnewjersey.org/

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📢👀Attention: Attorneys - Don't Guess: Be Sure

Defaults and foreclosures happen every day, and you may be helping clients navigate through short sales, auctions, creditor negotiations, and more.

Your client's property value is their largest asset. You need a professional, experienced appraiser on your side for an accurate valuation. You can rely on Tight & Right Real Estate Valuation.

Please give me a call at (908) 456-1593 if I can help you and your clients. I look forward to speaking with you soon.

Cardwell Thaxton, New Jersey Tight & Right Real Estate Valuation 📲(908) 456-1593 📧CardwellThaxton@gmail.com

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📢👀Attention: Attorneys - Debt Repercussions in New Jersey

Unfortunately, many homeowners are in debt trouble due to the recent rash of exotic mortgages and tougher economies. If your clients are navigating their way through a short sale, foreclosure, bankruptcy, creditor negotiations, or asset division, a solid estimate of value is absolutely necessary.

When it comes to real estate values locally, you can rely on Tight & Right Real Estate Valuation for the utmost in professionalism, credibility, and expertise.

Please give me a call at (908) 456-1593 if I can help you and your clients. I look forward to speaking with you soon.

Cardwell Thaxton, New Jersey Tight & Right Real Estate Valuation 📲(908) 456-1593 📧CardwellThaxton@gmail.com

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📢👀Attention: Attorneys - New Jersey Property Value

Defaults and foreclosures happen every day, and you may be helping clients navigate through short sales, auctions, creditor negotiations, and more. You need a professional, experienced appraiser on your side.

You can rely on Tight & Right Real Estate Valuation.

Please give me a call at (908) 456-1593 if I can help you and your clients. I look forward to speaking with you soon.

Tight & Right Real Estate Valuation Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com www.TightAndRightRealEstateValuation.com

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How To Sell A Distressed Property in New Jersey

By Cardwell Thaxton

Life can bring unexpected changes that leave you searching for solutions. Homes can fall into states of disrepair that are far beyond the owner’s capacity to handle. There could have been a death, divorce, illness, or job loss, leading to lost income or a forced relocation at play.

For those who need to know how to sell a distressed property in New Jersey, we’ll cover the options you have available. Traditional listings for this type of property are not suggested as they don’t attract most buyers, take far too long, and are too costly for most owners of a distressed property.

Professional Buyers

There are always two sides to everything, and this holds true when considering how to sell a distressed property in New Jersey. Let’s explore using the service of a professional cash buyer when you’re selling. Due to the nature of cash sales, you’ll benefit timewise because of the ability to perform extremely quick closings. Additionally, the sale is as-is and there won’t be any downtime waiting for the right buyer. Nor will you be required to make the investment of your precious time and money in repairs. Another advantage is you’re not carrying any legal risk, as with selling on your own and since most professional buyers pay all of the closing costs, you’ll save even more.

Now, because the professional buyer is taking all of the risks, and offering the advantages of cash sales, their offers are below the prices being realized in the current real estate market. A word to the wise, do your research on who you’re dealing with. Regrettably, there are unscrupulous buyers who may try to take advantage of time or financial constraints they learn you’re up against. 

Do-It-Yourself

Selling a distressed property in New Jersey on your own may sound appealing because you’re in charge. Additionally, you won’t be responsible for an agent or auctioneer fees, which can negatively impact your bottom line on the sale. If you’re knowledgeable on marketing and all of the legalities involved, while you may need to invest a great deal of time, you can save money by handling everything yourself.

Conversely, inexperience in marketing and the legal details, selling on their own often leads owners to failure. Not only don’t they realize the highest profit on their property through their errors, but they could also end up in a legal nightmare with no way out.

Professional Auctioneers

Property auctions rarely imitate art, where fantastic prices are realized in movies and on television. Avoiding the headaches of showing your property is one of the favorable aspects of auctions. Additionally, these properties close within 30 to 40 days and sell as-is, so you won’t need to continue to pour time and money into repairs and upkeep of your distressed property in New Jersey.

While there are advantages to using a professional auctioneer, keep in mind the usual fee for their service is a rather high 10 percent of the final purchase price. Should the bidder be responsible for the auctioneer’s fee, lower bids overall are incentivized. Otherwise, you’ll be responsible for their fee, absorbing additional costs. Due to the nature of auctions, the outcome isn’t guaranteed, you may be up against the issue of low attendance. There is also the innate competition when a high volume of properties is up for auction at the same time, leading to lower bids.

No matter which you choose, make educated decisions by taking the time to understand all of your options. Would you like to learn more about how we can help you sell a distressed property in New Jersey? Just call The Cardwell Thaxton Group today at 908-456-1593 or send us a message any time!

The Cardwell Thaxton Group Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com https://www.sellmyhousefastnewjersey.org/

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4 Ways a Foreclosure Will Impact You in New Jersey

By Cardwell Thaxton

There are 4 ways a foreclosure will impact you in New Jersey. Besides the obvious strain and emotional impact, the situation can have on your family and personal relationships, foreclosure can also devastate your finances. From the clothes you wear to the car you drive, or even where you reside or work, it will have a residual effect on your life for years to come. 

The Cardwell Thaxton Group is here to listen to you and can address any questions you may have about your specific circumstances and what you can do to avoid these ramifications. Just call 908-456-1593.

By having a better understanding of what lies ahead, you will be better equipped for taking immediate action against the negative consequences of foreclosure from the start.

Your future self will thank you for taking the time to learn more about your options during the process. We’ll cover 4 ways that a foreclosure will impact you in New Jersey.

Denied 

Having a foreclosure in New Jersey appear on your credit reports will cause you to be considered a bad risk. Once this appears in your credit history, it will impact your overall purchasing power. Bad credit often leads to credit applications being denied for credit cards, loans or mortgages. Any financial institution that is willing to approve consumers with bad credit usually charges exorbitant interest and annual fees that those who enjoy good credit avoid. Additionally, it could possibly be a reason you are passed over for employment opportunities. 

Financial Loss

Among the top reasons for home ownership, your equity builds up over time as your debt decreases, and New Jersey property values rise. Your financial gains could be an amount in the hundreds of thousands. Equity is the difference between what your property would bring in the current market, and the amount that is still owed on the mortgage. Depending on your circumstances, a foreclosure will impact your equity either partially or in full, which could be a significant financial loss. 

Debt

By taking quick steps to resolve a pending foreclosure, you can make the decisions on how your home is sold and for how much. Open your mail before it’s too late! Keep the lines of communication open so that you can be on top of what actions your lender may be ready to take and how much time you have to change the outcome in your favor. After a foreclosure you’ll have no such control. Should your New Jersey property sell for less than is still due on your mortgage, you will still be required to make payments on this debt. This is known as a deficiency debt and can have an enormous impact on your lifestyle and family. Not to mention eating into your budget. Additional liability on your credit report will only increase the higher costs associated with having bad credit.

Future Housing 

Foreclosure impacts your housing options in many ways. In general, landlords run credit checks as the first step when interviewing tenants. Naturally, your financial history will make you a higher risk and may cause you to be passed over for more desirable properties. Additionally, your choices in financing will be highly restricted should you wish to purchase another home. Fannie Mae is among the largest in the nation and offers a program with several financial benefits. Should you have gone through foreclosure and seek a mortgage lender, you should be aware that Fannie Mae will require a waiting period of 7 years before you will be eligible under their guidelines. 

Facing the possibilities of a New Jersey foreclosure alone can be very stressful and inaction on your part risks your financial future. Don’t wait until foreclosure begins, let The Cardwell Thaxton Group help lessen your burdens today. Send us a message or give us a call today at 908-456-1593.

The Cardwell Thaxton Group Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com https://www.sellmyhousefastnewjersey.org/

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5 Things You Should Know About Buying Foreclosures in New Jersey

By Cardwell Thaxton

An interesting way to invest in real estate is by buying foreclosures in New Jersey. You see it on reality TV shows where investors can pick them up at a low cost, invest some money in repairs and upgrades, then turn around and sell them for a large profit. There are five things you should know about buying foreclosures in New Jersey.

Inventory is Dropping

The first thing you should know about buying foreclosures in New Jersey is that the overall availability of foreclosed properties is shrinking. There are fewer and fewer foreclosures every day, and the ones that are available are getting snatched up by cash buyers that move extremely quickly. We can help you locate foreclosures in New Jersey, give us a call at 908-456-1593 right now.

Buying at Auction

Unless you are an experienced real estate investor with a large amount of cash to drop on a property, buying foreclosures at an auction is probably not a good idea. At the foreclosure auction, you are not allowed to enter the house, nor have it inspected, so if you do win the property, you have no idea what condition the building is in and you may ultimately lose out. 

Buying Bank-Owned

You can still get a good deal on a foreclosure if it is bank owned, but you may have to make a higher bid if other foreclosures are selling fast. This means other people are buying up foreclosures quickly, and if you really want to get in on this action, you may have to start off with an offer that is close to, or at asking price. If there are multiple offers, you may have to offer higher than asking price and try to keep the contract contingencies to a minimum if you really want that foreclosure. Remember, location and amenities matter, other foreclosures may be selling quickly if they’re in a great spot.

Get it Inspected!

In most cases, the seller of a foreclosure is a bank, so there is not a traditional seller to make repairs before closing. The bank will not likely fix anything wrong with the home. They are selling it to try to make as much money back on their investment as possible. Make sure you include an inspection contingency so you can hire an inspector if you are making an offer on a foreclosure, that way you will know exactly what you are getting into if the bank accepts your offer. 

Hidden Costs

Buying foreclosures in New Jersey may come with additional costs above and beyond the purchase price and closing costs. If the owner couldn’t make the mortgage payment, you can probably assume he or she did not pay the real estate property taxes or homeowners association fees if the foreclosure is in a community. You might also become responsible for any utility bills, home equity lines of credit, or other liens on the property. Make sure the title company takes these factors into account when preparing the title commitment. 

You will also have to take into consideration the additional cost of making the necessary repairs or cleaning when you buy a foreclosure. There is no cleanup requirement when these properties are seized, and the previous owners might be a little upset about the bank foreclosing on them and take it out on the property. Repairs to the home might also increase the assessed value and raise the taxes.

At The Cardwell Thaxton Group, we make it easy to buy a foreclosure. Call us today at 908-456-1593 or send us a message to discuss these things you should know about buying foreclosures in New Jersey. We can find the perfect one for you!

The Cardwell Thaxton Group Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com https://www.sellmyhousefastnewjersey.org/

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5 Signs of A Great Deal When Buying New Jersey Real Estate

By Cardwell Thaxton

As an investor, you are always looking for a great deal, but how can you tell? Here are 5 signs of a great deal when buying New Jersey real estate.

No Zoning Issues or Liens

It is important that you research a potential investment for any zoning issues or liens on the property. If the property you are interested in doesn’t have the right zoning, you may not be able to use the property for your original plans. It is also very important that your intended property does not have any liens on it, for if you did purchase it, they would then become your responsibility to pay, and that would cut into your return on investment.

No Expensive Repairs

If a property you are interested in does not have any serious structural issues, then it is probably worth submitting an offer, even more so if the price is right! Even if the property has a slightly outdated kitchen, you don’t have to replace it if it’s still functional or not destroyed. You don’t have to follow the TV hype of remodeling every kitchen and bathroom of every investment property you purchase. It is ok to remodel them as your budget allows, even if it takes years. You have to make sure the property is profitable first before investing any more money than absolutely necessary.

Priced Near Assessed Value

If a property is priced at or below the county assessed value, you can be sure it is a great deal! Market value is usually between 10-25% above the county assessed value. You need to be careful, because if a property is priced that far below market value, it may have some damage or some other reason why it is priced so low. You may be lucky and have a seller that is extremely motivated with a great property. On the other hand, you may have just found a bank-owned property and it might have some damage.

Passes 1% Rule of Thumb

There is a general rule of thumb that real estate investors use when determining if the price of a property is a good deal. They say that the property should rent for about 1% of the purchase price. For instance, if a property should rent for about $1,400 then the ideal purchase price would be about $140,000 for it to turn a profit. In order to use this rule, you will have to analyze the fair market rental potential of the property.

Curb Appeal

If the property already has fairly decent curb appeal, then that is just icing on the cake! That is hundreds or possibly thousands of dollars saved from potential renovation costs. You will also want to take a look at the overall silhouette of the home and make sure it looks square and healthy. Another important factor of curb appeal is a straight roofline. Sometimes when additions are made or the property withstood damage, the roofline may slope slightly, or might not match the overall composition of the house. Another thing to watch out for is different siding treatments on the home. This may also indicate an addition that lends itself to having structural issues.

If you are a real estate investor looking for a great deal when buying New Jersey real estate, then call The Cardwell Thaxton Group today at 908-456-1593. We will handle all of the legwork to look for your ideal investment property, simply provide the features you are looking for and we will provide you with some options.

Please call us or send us a message to discuss these five signs of a great deal when buying New Jersey real estate.

The Cardwell Thaxton Group Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com https://www.sellmyhousefastnewjersey.org/

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Selling Your House in New Jersey? What To Do If Your Buyer Falls Through

By Cardwell Thaxton

Selling your house in New Jersey?  There’s no guarantee, nor any way to estimate when your home will sell. We’ll review what you can do if your buyer falls through. It’s a big let-down when you believe you’ve sold your home and moved forward with plans for your new home. While it doesn’t happen often, it’s wise to be aware as you enter the real estate market, of the many reasons a buyer falls through and what, if anything you can do to avoid it. 

Backing Out

It’s especially disheartening to learn that a buyer backed out because of buyer’s remorse. Sadly, there’s nothing you can do to save the deal for this reason. If you’re selling your house in New Jersey due to an urgent reason for relocating, the stress of the sale going down the drain can be overwhelming. It’s also time-consuming and expensive when you’re suddenly forced to make last-minute arrangements due to your buyer’s vanishing act. At the same time, if you want to maintain the arrangements you’ve made for moving, you’ll need to act swiftly if your buyer falls through. 

Unqualified

While there may be serious buyers who haven’t been pre-approved for a mortgage loan, sorting them out can be time-consuming, intensely trying to one’s patience, and quite costly. One thing you can do to avoid the issue of qualifying for the mortgage, as a reason for failure on the buyer’s part, is to only work with pre-approved buyers to increase your chances of a successful deal. This means the lender is ready to work with them, having verified their credit and ability to afford the down payment and all of the costs associated with the transaction. While this will limit the number of buyers who pass through your door when you are selling your house in New Jersey, it is in your best interest.

Inspection

It’s advisable to have an independent inspection done by a professional when you’ve decided it’s time to sell your New Jersey house. In any event, when you’ve found a buyer using conventional financing, you can be certain there will be an inspection. Depending on the age and condition of your home, failing the inspection is a deal-breaker. Be aware whether you hire professionals or are capable of doing the work yourself, you’ll need to invest even more in the property in time, money and all of the headache’s repairs bring.

Low Appraisal

You’ll need to consider investing in updating the home or repairing out of date or in-operational major home systems and structural issues, in order to be in the competition. Should the house you’re selling in New Jersey fail to appraise for enough to meet the desired loan to value (LTV) ratio of the lender, the loan will be denied. By having the home appraised by a professional beforehand, you’ll have a more realistic picture of what you’ll be able to sell for.

Wary of the maddening roller-coaster that selling your house in New Jersey can become, losing time waiting for a closing that never happens, while all the while pouring more money into maintaining your property? If you are finding yourself facing time restrictions, don’t want to invest even more into your property, or you want to simplify the process of selling your New Jersey house, one thing you can do is to consider a direct sale as your exit strategy.

Wanting to avoid such an awful experience and all of the emotional turmoil that’s attached is understandable. Want to know the best way to avoid your sale falling through? Sell directly to The Cardwell Thaxton Group. Send us a message if you have any questions or call 908-456-1593 today!

The Cardwell Thaxton Group Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com https://www.sellmyhousefastnewjersey.org/

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5 Reasons Home Sales Fall Through in New Jersey and What You Can Do About It

By Cardwell Thaxton

By anticipating potential issues that could cause your deal to disintegrate. We’ll go over 5 of the reasons home sales fall through in New Jersey and what you can do about it.

Financing

Traditional financing has specific qualifiers in order for borrowers to qualify for the mortgage loan. Any change in these factors can be a reason your home sale falls through in New Jersey. Your buyer could have unexpected life changes or a change in their credit score or debt ratio since being pre-qualified. One thing you can do about it is to only work with pre-approved or cash only buyers. Remember when working with cash only buyers they’ll be expecting to pay less for your home due to the advantages that closing a deal in cash brings.

Forewarned

Get your own title report, this is legal proof that you are the rightful owner of the home with clear title. Having it on hand can avoid delays and allow a buyer to feel secure in the transaction they’re entering into with you. Failing a professional inspection is another reason your home sale could fall through in New Jersey. By being prepared in advance, you can have any serious repairs done. If you don’t want to make any more investment into the property, you can be upfront with your buyers, in order to avoid any surprises that scare the buyer away, wasting precious time on the market. To avoid being insulted, be of a mind that buyers will request a credit off of the purchase price for each issue, so you will want to be ready beforehand with knowledge of the costs of each repair.

Appraisals

Appraisals can be one of the reasons home sales falls through in New Jersey. Depending on the type of loan being used, there are different types of appraisers, you’ll want to keep this in mind. With VA loans, there will be a VA certified appraiser. If the loan is through the FHA program, the appraiser will be FHA certified, this appraisal will be valid for your home for a period of 6 months. And finally, conventional loans will use a conventional appraiser. Buyers rarely pay more than the appraisal, though you do have the right to dispute the appraised value. The bottom line is that no lender is going to loan more than the ratio guidelines in their policy on your home if your appraisal comes in lower than the sales price.

Emotions

Buyers in New Jersey can sometimes get cold feet and back out of a deal making home sales fall through. While you may try to entice them with incentives to move on, they walk away despite your best attempts to bring them back to the table. Confidence and enthusiasm are evident when you meet your potential buyers. If they aren’t exuding these qualities, trust your gut instinct, and move on to a buyer giving off a secure disposition.

Contingencies

You’ll want to avoid relying on the sale of your buyer’s current property to enable the purchase of yours. This reason for your home sale to fall through in New Jersey can be avoided.  What you can do about it is to limit your dealings to buyers who have already sold their home, or in some other ways have proven to you that they are ready now for serious negotiations. It’s also wise to remove anything that’s not available as a deal sweetener, to avoid a buyer becoming attached.

Wouldn’t it be great to just forget about all the other possibilities of your long-awaited deal falling through? Just send our team a message or call 908-456-1593 today and sell your house directly to The Cardwell Thaxton Group!

The Cardwell Thaxton Group Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com https://www.sellmyhousefastnewjersey.org/

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6 Things That Can Delay Your Home Sale in New Jersey

By Cardwell Thaxton

Picturing yourself walking away from the closing table with cash in hand? Sellers who list their homes have no guarantee of their home selling. Unfortunately, once you’ve found a buyer and agreed on a purchase price, there is still no guarantee of smooth sailing to the closing table. There are a variety of reasons closings can be delayed. By being forewarned, you can be forearmed for these 6 things that can delay your home sale in New Jersey.

Inspection

Unexpected issues found during the inspection of your home for sale in New Jersey can cause delays in closing. This is why it pays to hire your own inspector. By facing any undiscovered issues head-on, you can deal with them in the best way for your set of circumstances. You can move forward with repairs, or you can prepare ahead of negotiations by understanding the value each issue may have to the buyer, who will want to deduct this amount from the purchase price. 

Appraisal

Appraisers let the lender know that the amount they loan on the mortgage note is secured by the real property, a low appraisal can cause a denial of the loan. Should the appraisal come back with repairs required before the closing can take place, this is another thing that can cause a delay in your home sale in New Jersey. 

Credit

While your buyers may have been pre-approved for the loan by their lender, sadly circumstances can change after the process of approving the mortgage actually begins. This can delay your home sale in New Jersey. Buyers may have a change on their credit report which suddenly makes their qualifying status change as well. One issue may be that they have increased their debt-to-income ratio, by taking on more credit. 

Title

Any issue that appears during a title search can delay your home sale in New Jersey. Usually, the problem is with proving a clear title, due to liens from contractors. It could also be as simple as an error in the public records. Missing heirs can also cause issues should they suddenly come forward. Regrettably, forgeries can create an unclear chain of ownership which can be difficult to resolve. Another issue could arise during the survey process, other surveys than your own could show differing property lines. It’s best to clear any issue prior to listing.

Open Permits

Open building permits on your property, even if the work was finished long ago, can delay your home sale in New Jersey. You can simply walk into your county records department and find out ahead of listing your home about any open permits. Remember that patience is a virtue, and you’ll have plenty of chances to practice, due to the red tape you’ll likely encounter in updating your records, this process can take some time.

Deadlines

When you are closing on a real estate transaction, there are deadlines for documents to be submitted that simply cannot be missed. Many of these forms are required legally by either federal or state guidelines, so it’s best to become familiar with these forms and when each is needed, as well as where they should be directed. Should a target date be missed, this can delay your home sale in New Jersey. This is a huge responsibility, so you’ll want to be certain you stay on top of all the timeline requirements for the paperwork and be sure to beat the clock.

Why wait at all? Don’t you want to avoid making simple mistakes that can delay your home sale in New Jersey? Make it easy on yourself and sell to The Cardwell Thaxton Group instead! Send us a message or call 908-456-1593 today to find out how we can help you!

The Cardwell Thaxton Group Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com https://www.sellmyhousefastnewjersey.org/

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How To Sell Your House Fast in New Jersey and Buy a New Home at A Lower Interest Rate

By Cardwell Thaxton

Interest rates are enticingly low at the moment if you have been playing with the idea of selling, why not take advantage and sell now? You can reap the benefits of the equity you have built and move into a home that is more suiting to your current needs. Read on to learn how to sell your house fast in New Jersey and buy a new home at a lower interest rate.

Start at the Bottom

One way to sell your house fast in New Jersey is to set the price at the lowest amount you are actually willing to accept. While it leaves less negotiating space, it can bring buyers to you much more quickly. Delaying your home sale in any way now means realizing less savings on a loan for your new home, let’s face it, the lower interest rates of today won’t last forever.

Availability

Empty homes generally sell faster for one main reason, they are accessible at any time. Usually with a lockbox, so that any realtor with buyers can easily arrange showings. Arranging to live in temporary housing until sold, is another way to sell your house fast in New Jersey. This will enable you to move forward with buying your new dream home and lock in your deal at the present low-interest rate. If you can’t afford the luxury of moving until the sale, be prepared to keep your home in perfect showing shape. Additionally, be extremely flexible and allow buyers access to your home quickly for a showing appointment, upon notification of their interest.

Declutter

Many buyers cannot imagine themselves in a home when they are confronted with object after object that identifies the current residents. you will want to remove personal items and clear off surfaces, to sell your house fast in New Jersey.  While it may be costly to store a great deal of your belongings, by decluttering and depersonalizing, you allow buyers to use their imaginations. The clean open spaces allow for more possibility of them picturing their belongings in the space. It is definitely worth the effort to sell your home as fast as possible, so you can buy a new home at a lower interest rate.

Appeal

We cannot overstate the importance of presentation in home sales. Your agent is likely to advise you to stage your home. Quite simply, bringing in furniture and art which highlights the structure of your home. They may also suggest you update paint colors, flooring and make any repairs that are obvious during a walkthrough. Remember you want to promote buyers picturing your home as their own, so the more neutral your colors and decor, the better. You will want to spruce up the outside of your home as well, making it warm and inviting from the street view. All of this can help to sell your house fast in New Jersey and can allow you to benefit from the amazingly low-interest rates on mortgage loans for your new home.

Marketing

Today’s technology offers home sellers not only the chance to show their home to buyers through quality photography but to take advantage of virtual tours. Through this technology, you actually expand your base of potential buyers, removing distance as a barrier to their “walking through” your home. You will want to familiarize yourself with digital technology and the nearly limitless places to advertise real estate. It’s best to seek counsel from someone experienced to guide you towards the best return on your advertising dollar.

Sell fast by lowering your listing price or better yet, sell directly to The Cardwell Thaxton Group who will always pay a fair price. Send us a message or give us a call today to learn more! 908-456-1593.

The Cardwell Thaxton Group Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com https://www.sellmyhousefastnewjersey.org/

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How To Label and Organize Your Moving Boxes When Buying or Selling in New Jersey

By Cardwell Thaxton

Whether you are buying or selling, there is a move in your future and things are going to get hectic. While there are a few common-sense tips for making a move a little easier, such as using sturdy, clean moving boxes and packing lighter objects in larger boxes and heavier items in small boxes, organization is the key to success. One of the best ways to lessen moving day chaos is knowing how to label and organize your moving boxes when buying or selling in New Jersey.

Moving Binder

The last thing you need on moving day is to be searching for a list or anything else you need to help get through the process of packing the moving truck. Using a binder to control the stress level is a great way to organize your moving boxes when buying or selling in New Jersey. You can keep important papers, lists, and labels here until it is time to start packing. You may want to grab a clear pencil pouch for the binder to keep any small items of importance during the move together as well.

Labels

Knowing how to use the power of labels when buying or selling in New Jersey will be of enormous help when it is time to organize your moving boxes. Labels can be hole punched as close to the outer edge as possible, in order to put them into your moving binder in preparation for moving day. Be sure not to put labels on anything other than boxes, unless you are sure it is easily removable. For furniture or larger belongings, you will want to tie on labels or easy-peel labels to save precious finishes. It also would not be a bad idea to place labels on more than one side of the box, in order to quickly locate information during the rush of unloading the moving truck or unpacking.

Supply Kit

You will want to keep a large, preferably clear container that will fit your moving binder along with any supplies you will need for packing and moving. This will make the job of labeling and organizing your moving boxes much more efficient when buying or selling in New Jersey. 

Fragile stickers that are red can be added to boxes that require a gentler touch. You may also wish to use color-coded stickers for every box from one particular room. you will want to have markers, packing tape, and material to fill in open spaces and to wrap any fragile items. Consider using environmentally friendly options for this purpose, such as biodegradable peanuts. 

Box Index

Creating a box index that coordinates with the labels is another helpful way to organize your moving boxes when buying or selling in New Jersey. While it may sound like an overwhelming task to write down the contents of each box, you will thank yourself for the effort. Trying to remember what box you have already packed something away in can be nearly impossible sometimes. Once you get started, you’ll see that the job of jotting everything down actually goes quite quickly.

Open Me First

Keep in mind that the order of loading the boxes is important when you organize your moving boxes when buying or selling in New Jersey. you will want to have special labels to denote the boxes which are of “open me first” status” and be sure these are the last boxes loaded. you will want to keep in mind what you may be in need of on your first night in your new home, in addition to the clothing and personal sundries you’ll want to have on hand. You’ll want your bedding, towels, and bathing supplies. Remember some food for staving off hunger and especially your coffee for the first morning. 

Don’t Delay

While it is advisable to begin packing as early as possible, allow yourself 2 – 3 weeks, if possible, to label and organize your moving boxes when buying or selling in New Jersey. There is a formula that you can use to estimate the size and number of boxes that you will likely need to successfully pack your home. This will also help in making proper arrangements for the size of the moving truck used in transporting your belongings.  Whatever your plan of attack, you will want to set a goal of completing the night before the move with your “open me first” boxes. You could decide to finish room by room, with a certain date in mind for each room. Otherwise, you could have a goal of a certain number of boxes per day, until you have completed your task.

The Cardwell Thaxton Group can provide you with even more hints and tips on how to label and organize your moving boxes when buying or selling in New Jersey. To learn more about how we can help you, send us a message or give The Cardwell Thaxton Group a call today at 908-456-1593 and we will answer all of your questions! 

The Cardwell Thaxton Group Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com https://www.sellmyhousefastnewjersey.org/

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Happy Mother's Day!!!

🙌🏻Happy Mother's Day to all the wonderful moms out there! Your love, strength, and dedication are truly inspiring. 💖Thank you for all the sacrifices you make and for being there for us every step of the way. Today and every day, we celebrate and appreciate all that you do. Enjoy your special day and know that you are loved and appreciated more than words can express.

The Cardwell Thaxton Group Tight & Right Real Estate Valuation Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com

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5 Ways Technology Is Helping Home Buyers and Sellers in New Jersey

By Cardwell Thaxton

Achieving success in the real estate industry of today calls for the use of the most advanced technology and equipment. In addition to the investment that is at the forefront of the market, it requires a dedication to being deft in the use of both technology and any equipment required. Consistency is needed in order to know your local market well and to remain aware of growing market trends in technology through reliable resources. While it can seem overwhelming, user-friendly technology makes the use of technology easier overall. Read on to learn more about the 5 ways technology is helping home buyers and sellers in New Jersey.

Apps

Technology is helping home buyers and sellers in New Jersey through the use of specialized apps, or a software application which does a specified task extremely well, while there is a significant initial investment in money and time, the payoff comes with the ability to allow the app to be at work on your behalf while you are busy with other tasks. With the advent of mobile apps, users can exploit their device at any time of the day or night that works into their schedule. While the selection of apps available for those involved in buying or selling homes may be overwhelming, they offer a virtually limitless resource for education and information to be triumphant among the competition on the market. 

Distance Doesn’t Matter

We are knit together in new ways through the use of technology, this connecting of parties seeking out what the other has touched the real estate industry in an impactful way. Technology allows for a much wider potential as it eliminates distance as a barrier to real estate transactions and is helping home buyers and sellers in New Jersey get into just the right person’s hands, despite their current location. There are now apps that can target your desired property or bring a buyer to your virtual door at any time of the day or night, without disturbing you or your lifestyle. 

Smart Marketing

As data-driven marketing has increased in precision, savvy players in the real estate industry know that there are apps that are programmed to reach out to the right devices. By improving the odds of advertising dollar returns, Technology is helping home buyers and sellers in New Jersey. It is not unusual for buyers’ first step in looking for a home is to reach for their favored device and search out properties they are interested in learning more about. Likewise, technically savvy sellers know that their home needs to stand out among all of the others when it comes to being listed online. Marketing has nearly replaced the previous method of real estate agents driving people around for hours. Rarely can buyers be found driving street by street through neighborhoods looking for signs to find their new home. 

Image Is Everything

In order to reap the full benefits available in the toolbox of real estate professionals of today, the best agents understand that they must take full advantage of the ways technology is helping home buyers and sellers in New Jersey. A majority of buyers use technology as the initial step in “house hunting” and expect not only the highest quality of photos online, but they also want them to load quickly and have 360 touring capacity as well. Along with this, it is fast becoming the standard to include a video of the property provided from the use of a drone, which tours both indoors and outdoors, rising up to allow a view of the entire property as well as the surrounding neighborhood. Because of the prohibitive costs of professional equipment, you will want to have a reliable provider and understand all of the steps involved in the process of getting your data uploaded.

E-Signature

The use of an e-signature or electronic signature, a secure method of signing a real estate contract virtually, is yet another way technology is helping home buyers and sellers in New Jersey who are not local. It would behoove you to become intimately familiar with the laws governing this technology when it comes to your specific transaction. Most especially when the risks may be high, you will want to be secure in the legitimacy of the transaction. It is never a bad idea to close in person where extremely large fortunes may be on the line and circumstances allow. A word to the wise, if you are not sure about all the details regarding the use of e-signatures, you may wish to reach out to a professional in the real estate industry for assistance. 

We understand just how important it is to be on top of the game when it comes to the use of real estate technology. The Cardwell Thaxton Group has all of this technology at our fingertips, we are here to help home buyers and sellers in New Jersey. To learn more about what we can do for you, send us a message or give us a call at 908-456-1593 today!

The Cardwell Thaxton Group Cardwell Thaxton, New Jersey 📲(908) 456-1593 📧CardwellThaxton@gmail.com https://www.sellmyhousefastnewjersey.org/