It’s a great time to buy a home. Right now inventory is high and rates are low. If you are searching for a new home or relocating to the area come and see what a Wellington agent can do for you.
We provide full service, insure that your search is anxiety free and will answer all of your questions and guide you to the home ownership.
Advantages of Ownership
If you own a home, you can receive tax breaks beyond the standard deduction available to renters, since your interest, property taxes and mortgage insurance are tax deductible. Some of your closing costs are deductible as well. You can choose a fixed-rate mortgage, which sets your monthly principal and interest payment at the same amount for the life of the loan. You also build equity in your home as you pay down the principal and your home value increases. Home equity is the primary source of wealth for many Americans
Wellington’s mission is to provide each client with unmatched quality service. In every community whiter if you are buying or selling a home, Wellington is dedicated to understanding the individual markets we serve. Whether you are looking to live in Middlesex, Somerset or any other county in New Jersey, our Realtors, as well as our staff, look forward to assisting you.
Whether or not you’re a first time home buyer, we think you’ll find the following tips helpful in finding the home that you want. Remember, buying a home is likely the biggest purchase you will ever make. Take your time, be careful and do your research.
Carefully examine the property listing
Make sure the number of bedrooms, bathrooms, living space and storage space suit your needs.
Find out about average utility bills from the utility companies; inquire about the schools and ask about current taxes and future tax re-assessments. (Remember, the post office, zip code, mailing address or neighborhood name isn’t always indicative of the school system. Be certain before you buy.)
Personal property and fixtures
Find out which appliances, fixtures and personal properties are being left behind. Make certain that it is all clearly noted in the contract. If it’s not listed as an “inclusion” assume that is not going to be included in the sale.
Become a serious buyer. Become a mortgage pre-approved buyer
Distinguish yourself from a pre-qualified buyer by becoming pre-approved with a local mortgage lender. This will help you to close faster and to be considered a better buyer by the seller.
Be flexible in your approach
Put down on paper which of your needs and wants you would be willing to compromise. This will help to relieve the emotional tension of a negotiation prior to its occurrence.
Make a larger deposit. If you earnestly desire a certain house, offer a higher deposit. This will distinguish you from other buyers in the view of the seller.
Enlist the services of a professional. New Jersey’s nearly 100,000 real estate licensees make a living out of knowing their local markets and oftentimes can make the entire buying process easier and efficient. To find a Wellington buyer’s agent in your neighborhood, contact us.
Phone: (732) 918-2201