#we buy houses fort lee nj

[cashbuyernewjersey]

How to Sell a Home in a Buyer’s Market

If you are looking to sell house fast in New Jersey, you may be up against some challenges, especially if it’s a buyer’s market. A buyers market occurs when there are more homes for sale than buyers looking to purchase. In these cases, supply outweighs demand making it difficult for you to move on.

Fortunately, there are strategies that will help you sell your home quickly. Read on to find out some worthwhile tips.

How to Sell House Fast in New Jersey in a Buyer’s Market

Hire an Experienced Agent:

An experienced agent will be valuable in helping you sell house fast in New Jersey in a buyer’s market. They will recommend updates that will make your home more attractive to buyers. They will find a price point that allows you to sell your home quickly while still making a profit.

Consider FSBO:

FSBO or For Sale By Owner is a good option in a buyer’s market. It eliminates agent fees so you won’t be taking as much of a hit considering you may have to sell at a lower price point.

Offer Buyer Incentives:

There are several buyer incentives you can offer to sweeten the deal. These include:

Add-ons: Add-ons such as window treatment, lawn equipment, grills, a home warranty, and other perks will make your home more sellable.

Play Closing Costs: Offering to cover the buyer’s closing costs will be an attractive option for buyers that don’t have a lot of liquid cash available.

Allow Rent to Own: A rent-to-own agreement involves the buyer paying monthly rent which goes towards an eventual down payment. It opens the door for buyers who are not currently looking to own but may consider that option sometime in the future.

Offer to Pay for Repairs: If an inspection turns up issues, you can make the negotiating process easier by offering to make repairs before closing, or by lowering the price to cover the cost of repairs.

Owner Financing: A seller financing agreement means you accept a larger down payment on the property by assuming the risk of the buyer defaulting. In this situation, you are basically acting as the lender. This can appeal to buyers who want to avoid a high financing fee.

Pay Discount Points: When you pay buyer discount points, you are essentially giving the buyer money so they can lock in their interest at a lower rate than what they would get if they didn’t have those extra funds. One point equals 1% of the sale price and it can lower interest rates by one-eighth to one-quarter of a percent. It’s ideal for borrowers looking to lower their monthly payments and overall interest paid. It also helps people with low credit scores get approved for a mortgage.

Make Repairs

The better your home looks, and the better condition it’s in, the more likely it is to sell. Making repairs before you put your property on the market will make it appealing to owners. You can do everything from small repairs, such as repainting, to large repairs, such as replacing the roof. It all depends on your budget and what’s needed in your home.

Price Competitively

It’s wise to price competitively when selling in a buyer’s market. You may consider pricing your home at or below market value. Talk to an agent to find a price point that will draw in buyers without causing you to lose your profits.

Make an Appealing Listing

It’s important to create a listing that will catch buyers’ attention. Get professional photos that show the home in its best light. Come up with a complete description that advertises your home’s finer points. Add video tours that will give people an accurate idea of what your home is like before they visit.

Work with a ‘We Buy Houses NJ Fast’ Company

While there are things you can do to get your home to sell in a buyers’ market, the process will be slow and frustrating. You can avoid the hassles by working with a ‘we buy houses NJ fast’ company.

These companies are cash buyers that will buy your home in as-is condition. They will eliminate the need for you to make repairs, host open houses and find buyers. In most cases, the entire process will take two weeks or less. And you may even get a better price than you would with a traditional buyer.

A buyer’s market puts sellers at a disadvantage. Fortunately, there are things you can do to increase your odds of making a profit. Offering incentives, creating appealing listings, making repairs, pricing competitively, or working with a cash buyer can boost your chances of success. We wish you the best of luck in achieving a positive outcome.

[lets-lisa]

Real Estate listings in Fort Lee NJ

If you want to sell your property and move to a new house, you have come to the right place. You can get your property listed with our real estate listings service in Fort Lee NJ. Our exclusive real estate listing services get more potential buyers and sells your home faster. Along with selling your home with The LaGreca Group when you also buy your next home with us, we have great programs. We have access to all the best homes, condos, townhomes for sale and all real estate listings on the market..

[brewerlinda1995]

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[civillibertieslaw-com]

Leonia NJ property owners fight to save their neighborhood

These Leonia residents are fighting to save their homes, businesses from being condemned North Jersey Record Published 5:00 PM EST Feb 26, 2019 When Marlene Bruno received a letter last month from Leonia’s planning official stating that her property is being considered for condemnation, she was shocked.   The letter said the borough was undertaking a redevelopment study, and "If the study area, or any portion of the study area, qualifies as an area in need of redevelopment, the borough will be able to exercise the power of eminent domain or involuntary takings.“ But Bruno and other residents in her area say their properties are well-maintained and should not be considered for condemnation by the borough.  Properties included in the Leonia study Borough of Leonia "Our home has always been well taken care of,” Bruno said about the house that has been in her husband’s family for years, and where the mortgage has been fully paid.  Bruno and the owners of nearby homes and businesses in the roughly two-block area have opted not to allow any city officials into their properties for interior inspections, as the letters requested. “We feel they’ve already made up their minds to do something,” she said. “So they’re not doing this in good faith."  Now the 30 property owners whose homes and businesses fall within the "redevelopment study area,” to be conducted along Fort Lee Road, Grand Avenue and Schor Avenue, are rallying to save their neighborhood.  NEW JERSEY: NJ couple pay thousands to make it out of Mexico after being forced off cruise ship DEVELOPMENT: Arsenic found in Bergen County brook renews concerns, calls to halt Toll Brothers project Fearing that the borough will deem it a condemnation area so it can take over their properties, they’ve sprung into action. They have formed a coalition called Leonia United Against Eminent Domain Abuse and organized a rally ahead of Wednesday’s Planning Board meeting in an effort to persuade officials to abandon the study. The owners have enlisted the help of the Institute for Justice, a national civil liberties law firm dedicated to stopping the abuse of eminent domain across the country. The group has worked with property owners through grass-roots activism in 68 cities, and claimed victories through litigation in Long Branch and Atlantic City.  “If the study is approved, it would allow the town to take over the properties for development,” said Andrew Meleta, coordinator of the Virginia-based group. “We want the Planning Board, as well as the council and mayor, to abandon the study and not move forward,“ Meleta said. "The ultimate goal is to have these leaders disavow the use of eminent domain. We want them to publicly say they are not going to take these properties.” But borough officials deny that the neighborhood is in danger of condemnation.  "There is no plan,” Mayor Judah Zeigler said, adding that there’s no intention to take away anyone’s home or business, and that the letter was a legal requirement for conducting the study.  “Nobody on the governing body has expressed any interest in taking property through condemnation and eminent domain. The reason the letter is so strongly worded is because that’s what the statute requires,” Zeigler said.  He acknowledged that the letter sounds “a little scary,” which is why he said he posted information on the Leonia website to reassure residents. His aim, he said, is to get recommendations from professionals about possibilities for the area. Once the study is finalized, public meetings will be held to discuss the options and gather input, he said. "If there are impacted properties, we will ask them if they want to sell,“ the mayor said.  Zeigler said he plans to introduce an ordinance at the March 4 meeting that would exclude residential properties from being taken for development through condemnation.  Property owners aren’t buying it, though. "If you don’t intend to use eminent domain, why did you send out that letter?” said Karen Hammond, a 23-year resident of Leonia. “It seems very unconstitutional.” “I love my home, and now I’m afraid of it being taken,” she added.  Leonia officials have been discussing development of the area for years. A previous study was incomplete, officials said, with basically an inventory of properties, but no recommendations for potential new ratables. In 2015, borough officials said that if the borough redevelops the area surrounding Fort Lee Road and Grand Avenue, none of the property owners would be forced to give up land.  Light rail station  Leonia Courtesy of Andrew Meleta The study area along Fort Lee Road is within a few hundred feet of the proposed Leonia station of the long-awaited Bergen-Hudson Light Rail extension. The extension, if it comes to fruition, would run from Englewood to North Bergen, and there it would join a line already operating through Union City, Weehawken, Hoboken, Jersey City and Bayonne. NJ Transit has said it does not need to acquire private land for the Leonia station.  The majority of the funding for the next portion of the line is already in place, but it may not be implemented for another decade, Zeigler said.   NJ Transit spokesman Nathan Rudy could offer no timeline for construction but said the agency “is awaiting approval from the Federal Transportation Administration to publish the final environmental impact study, which is required before entering into the engineering phase.” Councilwoman Maureen Davis said too many people are spreading misinformation on social media instead of listening to borough officials.  “We want to protect our residents so that we can have a say about what goes up in that neighborhood. Someone will eventually offer the commercial owners what they want for their properties, and then we will have limited say,” she explained.  Davis said the impetus for undertaking the study now is that there are many vacant commercial properties that could attract developers. "We need to be the ones to drive this development, and we want to do it in a way that is transparent so that the public knows about it,“ she said.   She said it is not the intent of the local governing body to take over the properties. But homeowners remain nervous.  "We love the community, and we are happy with the schools,” Bruno said. “If the city took this over, I don’t know where we would go."  Staff Writer Katie Sobko contributed to this article. Email: yellin@northjersey.com     Published 5:00 PM EST Feb 26, 2019

[cashbuyernewjersey]

What are the Most Common Repairs I Will Need to Make to Sell My House New Jersey?

I’m looking to sell my house New Jersey. What repairs will I need to make? This is a question commonly asked by home sellers.

There are certain things buyers will look for when considering your home. For example, they will want to know if the roof is in good shape. They will also be looking at certain elements of your home structure.

If any of these are not up to their standards, they may walk away from the deal. Knowing what buyers are looking for and getting these taken care of beforehand will increase your chances of getting your home sold quickly. This article will look at these common repairs to ensure your home doesn’t stay on the market too long.

Here are some common repairs home sellers need to make:

Kitchen Appliances

If you are selling your home with appliances, such as a refrigerator, microwave, and stove included, make sure they are in proper working order. Fix leaks and replace parts if necessary.

Cabinets

The cabinets in your kitchen and bathroom should be in good condition. They should be free of water damage and rot. Make sure they open and close smoothly by fixing loose hinges and replacing door knobs and handles.

Water Fixtures

Your water fixtures should not leak. They should not be clogged. Hot and cold knobs should be marked appropriately. All exhaust fans and overflow drains should be in proper working order.

Walls and Ceilings

Your walls and ceilings should not show signs of damage. Repair nail holes, major dings, and dents before showing your home. Painting is one of the cheapest and easiest ways to give a room a fresh, new appearance.

Flooring

Get your flooring in good condition by replacing chipped or cracked floor tiles and refinishing damaged hardwood. Have your carpet steam-cleaned or replaced if necessary.

HVAC

Your heating, ventilation, and air conditioning system (HVAC) should be in good working order. It should be clean and free of leaks. Your thermostat should be fully operational.

Water Heater

Your water heater should be in good working order and should not leak. All pipes should be insulated.

Electrical Panels and Circuit Breakers

Your electrical system must be updated to meet current codes. If you have an older system that uses fuse boxes, consider having it replaced as parts for these systems are hard to find. It’s also possible that an older system may be improperly rigged for modern usage.

Roof

Roofs are a major issue in homes as they often have issues like leaks, cracks, bubbles, blisters, and missing tiles. Replace problem spots right away. Fix any damage to the underlayment which is the area underneath the roof shingles or tiles. Make sure your eaves are in good shape and that your drainage system is working properly.

Foundation

It’s essential that your foundation, stem wall, and retaining wall are structurally sound. Have a contractor in to determine if your foundation is stable. An unstable foundation is a major construction issue, but it is fixable.

Exterior

The exterior of your home must be in good shape. Your decks should be structurally sound and should not show signs of termite and water damage. Your landscaping should be well tended to. The fences around your home should not be rotted or water damaged.

Garage Doors

Your garage door should meet all local codes and safety criteria. You may need to replace certain parts before you begin showing your home. It may also be necessary to paint the door or fix dings and dents.

Smoke and Carbon Monoxide Detectors

Your smoke and carbon monoxide detectors should be in good working order and less than 10 years old. Replace the batteries if necessary.

Opt for Cash Buyers in New Jersey

It’s likely you will have to make several repairs before you sell your home. And these repairs aren’t exactly cheap! They can add up considerably eating into the profits you make off your home sale.

So how can you avoid making these repairs? One option is to work with cash buyers in New Jersey. A cash buyer will purchase your home in as-is condition so you don’t have to address any damage.

Additionally, a cash buyer will allow you to forego hosting open houses and the process of finding a buyer. They will make the process smooth and simple. The entire closing can take as little as 10 days to 2 weeks.

Selling your home is a lot of work. A cash buyer will simplify the process allowing you to forego home repairs entirely. How will you be handling your home sale?