572 Kearny Avenue

Kearny, NJ 07032

(201) 991-5719

homes@midrealty.com

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“Let’s Talk Real Estate! “PRECIPITATING CURCUMSTANCES” May 8th , 2019

Lets Talk Real Estate! "PRECIPITATING CIRCUMSTANCES"  Nearly all sellers' agents prefer to show their clients' homes on clear, sunny days. However, a skillful agent knows how to use rain to a seller's advantage by showcasing the home's ability to withstand downpours without showing any signs of leakage. Beginning on the outside, prospective buyers may be [...]

“Let’s Talk Real Estate! “WORK-REALTED RELOCATION” May 1st , 2019

Lets Talk Real Estate! "WORK-REALTED RELOCATION"  When an employee is aked by an employer to make a work-related move, it is customary for the company to help financially with the relocation effort. In some cases, an employer will go so far as to purchase relocated employees' homes, enabling employees to free up sufficient funds to [...]

“Let’s Talk Real Estate! “JUMBO RELIEF” April 17th , 2019

Lets Talk Real Estate! "JUMBO RELIEF"   A "jumbo" loan, a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA), is designed to finance luxury properties in highly competitive local real estate markets. The value of a jumbo mortgage varies by state (or country), and the FHFA sets the conforming [...]

“Let’s Talk Real Estate! ” FALLING INVENTORIES FAVOR SELLERS” April 3rd , 2019

Lets Talk Real Estate! " FALLING INVENTORIES FAVOR SELLERS"  Nationwide inventories, which have been falling for more than three straight years, are just beginning to rebound. In most areas, demand has outpaced the supply of available homes, leading to competition among buyers that has proved benefical to sellers. Even in areas where inventory is growing, [...]

“Let’s Talk Real Estate! LOOKS MATTER” March 13th, 2019

Lets Talk Real Estate! " LOOKS MATTER"  When researchers analyzed images of both the interiors and exteriors of homes that were for sale between 2008 and 2015, they found that looks do matter. Reviewing these images and assessor data, researchers found that obvious factors such as "location" and "timing" accounted for about 30% of a [...]

“Let’s Talk Real Estate! INCENTIVIZED TO SELL” March 6th, 2019

Lets Talk Real Estate! "INCENTIVIZED TO SELL"  To sweeten the deal for a buyer, a seller might consider an "interest-rate buy down. " This offer to "pay points" involves the seller's willingness to buy a  certain number of percentage points of the sales price to be paid to the buyer's lender as discount points that [...]

“Let’s Talk Real Estate! “THE UNVARNISHED TRUTH” February 6th, 2019

Lets Talk Real Estate! "THE UNVARNISHED TRUTH"  It is in sellers' best interests that their agents be absolutely truthful about the facts and circumstances surrounding the sale of their homes. It serves no purpose to inflate the sellling price and sellers' expectations in pursuit of a listing only to have those expectations dashed. Over-priced listings [...]