Tuesday, April 9, 2013 / by Martin Millner
I am personally thankful for so many things: my family, living in Bucks County, and assisting others each and every day with important real estate decisions are at the top of my list. However also at the top of that list – I am very thankful that the brutal winter is over, and we are having some beautiful spring weather!
Spring is a great time not only to attend an open house, but to also prepare your home for one. It is an incredible feeling to finally get outside, enjoy the breeze and work in gardens. On rainy or cooler days, there are many things you can work on inside your home as well – they goal is to have your home prepared for that perfect open house so it will sell quickly.
Now that the weather is nicer, I recommend the following tips to get your home ready for a quick sale:
• Spruce up your flowerbeds by removing weeds, dead leaves and plants, and even branches that may have appeared in them throughout the winter. Apply new mulch and plant some new f; ...
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Monday, April 8, 2013 / by Martin Millner
This is the last week to enjoy the handicraft of many local quilters throughout our area. Peddler’s Village has hosted it’s annual quilt competition and display since January 14th, and the display will end this Wednesday, April 14th. If you have not had the opportunity yet to admire the talents of many throughout our area, I encourage you to visit Peddler’s Village soon!
Flemington, NJ Restaurant Week will be taking place from April 7th through April 13th, and benefits many restaurants throughout the area. All participating restaurants or bakeries will donate a percentage of their profits to the Flemington BID Scholarship Fund, which in turn assists two Hunterdon Central graduating seniors (one male and one female) with college expenses. Those seniors have already identified business as their college major.
Willow Wellness and Chiropractic Care of Doylestown is hosting a free seminar on Wednesday, April 10 starting at 7:00 y ...
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Tuesday, March 19, 2013 / by Martin Millner
Definition of 'Shadow Inventory'
A term that refers to real estate properties that are either in foreclosure and have not yet been sold or homes that owners are delaying putting on the market until prices improve. Shadow inventory can create uncertainty about the best time to sell (for owners) and when a local market can expect full recovery. Also, shadow inventory typically causes reported data on housing inventory to understate the actual number of inventory in the market.
READ MORE. http://buckscountypatoday.com/shadow-inventory/
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Saturday, March 16, 2013 / by Martin Millner
Sugarloaf Crafts Festival
Lovers of fine crafts and art will find more than250 top artisans displaying and selling their unique creations in pottery, sculpture, glass, jewelry, fashion, home décor, furniture and home accessories, items for the garden, and photography.
Read More...http://activerain.com/blogsview/3661493/weekend-events-in-bucks-county-march-15th-17th
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Tuesday, March 12, 2013 / by Martin Millner
With the recent uncertainty and shifts in the real estate market, REALTORS® are experiencing sale contracts that are falling out of escrow due to appraisals that come in below the agreed upon purchase price.
Low appraisals are not necessarily wrong, but it does create a situation in which the lender might not approve the loan. The appraiser is merely comparing the value of a certain home with other comparable properties in the area.
Lenders will only fund a mortgage up to a certain percentage of the appraised value of the home. If the appraisal comes in low, the parties to the transaction must come up with a solution to the problem.
So, what are your options when this happens?
Appeal errors or bad comps to the appraiser. Maybe they miscounted bedrooms or under reported square footage. If you find errors, or feel like there are more recent, better comps, work with your agent to send the correct information and the applicable comps, to your lender, who can t. ...
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