South Jersey Shore Real Estate Blog

TRIDENT MORTGAGE COMPANY
Everything You Need. Right Here. Right Now.
WEEKLY RATE SHEET
Michael Loglisci
Trident Mortgage Consultant - Brigantine Office
Phone: (609) 264-7232
Cell: (609) 338-9001
Michael.Loglisci@prufoxroach.com

March 31, 2009

Loan Amounts to $417,000*   1pt          0 Points

30 Year Fixed                     4.500%       4.875%
15 Year Fixed                     4.375%       4.625%

 
                                          1pt         0 Points
3/1 ARM                            4.375%      4.625%
5/1 ARM                            4.375%      4.625%

Loan Amts $417,000 to $1M    1pt         0 Points

30 Year Fixed                     5.875%      5.875%
15 Year Fixed                     5.250%      5.375%
3/1 ARM                            4.750%      4.875%
5/1 ARM                            4.750%      4.875%

WEEKLY RATE SHEET
Michael Loglisci
Trident Mortgage Consultants
Brigantine Office
Phone: (609) 264-7232
Cell: (609) 338-9001
Michael.Loglisci@prufoxroach.com

April 24, 2009

Loan Amounts to $417,000*            1pt                      0 Points

30 Year Fixed                               4.500%                   4.875%

15 Year Fixed                               4.375%                   4.625%

                                                    1pt                      0 Points

3/1 ARM                                      4.375%                   4.625%

5/1 ARM                                      4.375%                   4.625%

Loan Amts $417,000 to $1M                1pt                      0 Points

30 Year Fixed                                5.875%                   5.875%

15 Year Fixed                                5.250%                   5.375%

3/1 ARM                                      4.750%                   4.875%

5/1 ARM                                      4.750%                   4.875%

Looking to buy a home.  Call Peter or Beverly Petridis from Prudential Fox and Roach Realtors at 609-377-4023.  They will be able to help you find your perfect home here at the South Jersey Shore.  We cover the entire Atlantic and Cape May County areas. 

Priced at $899,000.  Come and tour this open house on

Saturday, April 25, 2009 11:00am to 1:00pm

Saturday, April 26, 2009 1:00pm to 3:00pm

Unique two story Bay Front home located on North Shore Dr. with 5 bedrooms, 2.5 baths. This home has 3 new bathrooms with new replacement windows,new roof and siding, with central air on second floor. Lower and upper level decks to enjoy the bay views. New Bulkhead and Floating dock with RiparianLease. 

Call Peter or Beverly Petridis for a personal tour of this home or any other home here at the South Jersey Shore.  Cell # is 609-377-4023. 

call Peter Petridis from Prudential Fox & Roach Realtors when you want to sell your home.  We are available to help you market and sell your home.  We can expalin the market conditions and show you the statistics to help you sell your home.  Please call The Petridis Team at 609-377-4023 and lsit your home with the market leader in this market.    

Remove all clutter from the house. Are countertops free and clear? Have you removed unnecessary furniture throughout the house? Remove the art gallery and coupon collection from the refrigerator.

Check the bathrooms. Are the surfaces clean and clear? Are shower curtains and doors hung properly? Is the flooring clean and fresh? Are towels neatly hung?

Check the walls. Is paint and wallpaper fresh and clean? Are the walls free from holes? Are there any colors or objects on the walls that need to be removed?

Check the floors. Is the carpet clean and free from stains? Are hard surface floors clean and free from stains?

Check windows and window coverings. Are all the windows clean? Are draperies and blinds clean?

Pet check. Are there any signs that this is a pet's home? Be sure to clean and remove kitty litter, pet toys and bedding.

How's the aroma? Try to air out the home prior to showings. If air freshener is necessary, use well before showings as a consideration to those with allergies.

Set the mood prior to showings. Open draperies and blinds. Turn on the radio to a classical music station, set the volume on low. If you have time, cook a batch of cookies to have the warm, welcoming aroma permeating the home.

Curb Appeal Checklist

Reasons why homes don’t sell

If you have had your home on the market for several months and haven’t seen much activity or any offers, chances are that one or more of the reasons below are to blame.

Your price is too high

No doubt about it, the most common reason for a home not selling is that the asking price has been set too high. The reasons for setting your price too high to begin with are many. Ranging from over enthusiastic listing agents to unrealistic seller expectations. Regardless of the reason though, if you’ve priced your home too high, you’ve set yourself up for a number of obstacles to selling your home. Even if you do get an offer for the overly high asking price, the deal may fall apart before closing because the buyer may have problems financing at too high a price. Look at other homes for sale, ones as similar and as close to yours as possible. If they are going for less than you are asking, you may be priced too high.  The fact is, your home is competing against those other homes, and what buyers are willing to pay is what will determine final sales prices. 

The condition of your home

There is a lot of competition out there to sell homes.  Your home has to compete against other similar homes for sale, as well as competing against shiny brand new homes.  The more you can do to make your home look appealing to a buyer, the better your chances for a quick sale.  Look at your home with a critical eye – put yourself in the buyers position.  A buyer doesn’t want to have to do anything except move in.  Your best “bang for the buck” in improving the condition of your home are paint and flooring.  Make sure that all of the paint is in great condition, both inside and out.  Repainting doesn’t cost too much, and will usually make the biggest impact on buyers.  Make sure all of the flooring looks good too.  You may want to consider putting in new carpet.  Again, it’s not that expensive but it sure does make an impact on buyers coming to look at your home.  Try and have your home staged to get more buyers interested on your home. 

Location, location, location

It’s the oldest cliché in the world, but it’s true.  When it comes to real estate, it’s all about location!  When it comes to homes, things like how great the views of the water, beach or bay.  Is it a short walk to the beach or do you have to drive.  How is parking at the beach, crowded or easy to find a spot, free or expensive to park every day?  But the only really reliable way to overcome a bad location is with a lower price.  Simply put, an identical home in a bad location won’t sell for as much as the same home in a better location.

Your marketing campaign is out of steam

The best listing agents all use an aggressive marketing plan to market their listings.  If your listing agent isn’t making sure your home can be found easily on the internet, isn’t actively touting his or her listings to other agents in the area, isn’t running ads in the local newspapers and real estate publications, then it might be time to change agents.  The best agents might even run radio or television ads for their listings.  If all your agent has done is put a sign in your front yard and add your home to the local MLS, then that agent isn’t coming close to doing all that can be done to effectively market your home.

The market is slow

You’ll hear it described as a slow market, or a buyers market, or maybe a cold market.  But it all means the same thing.  That home sales in the local area, or market, are slow.  That there are too many homes for sale and not enough active buyers.  There are several things you can do to combat a slow market.  The most effective strategy is to sell at a lower reduced price.  Buyers are expecting to find bargains during a slow market.  You can also help yourself by offering to pay some concessions to help a buyer that might not have a lot of cash.  The ultimate way to beat a slow market is to simply wait it out.  But that’s not always an option for many sellers.

Your home isn’t easily accessible

To get your home sold quickly, it’s important that other agents in the area show it to as many potential buyers as possible.  When a busy agent is compiling a list of homes to show a buyer, the agent will naturally tend to show those houses that are easiest to gain access to first.  Many homes on the market have “lock boxes” on them.  The lock box is a device which holds a key to the home, that only qualified local agents can access.  Homes that are listed as being “lock box, no appointment needed” will get shown more often than homes listed as “agent has key, call for appointment”.  If at all possible, you should let your agent put a lock box on your home for easier showing.  If not, you should do anything else you can to make it as convenient as possible for agents to show your home. 

You have an agent nobody likes

Sounds almost silly, but it’s very true.  If your listing agent isn’t liked or respected by other agents in your area, it could slow down the sale of your home.  When an agent prepares to show properties to prospective buyers, the agent begins by talking to the buyer to find out what kind of home they are looking for.  Then the agent searches the local MLS and other sources for homes that fit the buyer.  If there are a number of good matches to choose from, and one of them has been listed by an agent that is hard to get along with, or arrogant, or has otherwise made himself unpopular, well…  It’s just human nature to tend to skip over someone you don’t like.

Let Peter and Beverly Petridis form Prudential Fox and Roach Realtors, Brigantine office help you with the sale of your home.  Call us to discuss your situation and let us market and ultimately sell your home.  Peter's cell: 609-377-4023, or office:609-264-7304.