Recent reports from major newspapers and publications highlight...

Recent reports from major newspapers and publications highlight the difficulty of obtaining a loan in today's market conditions. They cite strict underwriting requirements as the main reason borrowers face hurdles in obtaining their loans. We work every day to help fuide our clients to ensure they are working with a lender that fits their needs and enjoy the day when loans are approved and closings can be scheduled. If you have run into these hurdles, don't be discouraged. The market is alive and well, and your goal of buying a home can be accomplished. You need reputable and knowledgeable prefessionals on your side every step of the way.


What people are talking about..

Contracts for pending sales of previously owned homes plunged a record 30 percent in May, far more than expected, after a popular tax credit expired at the end of the prior month, a survey from the National Association of Realtors showed Thursday.

Defaulting borrowers who walk-away and had the capacity to pay or did not complete a workout alternative in good faith will be ineligible for a new Fannie Mae-backed mortgage loan for a period of seven years from the date of foreclosure.

The bad news is that short sales, like it or not, are comps. They sell for less, and consequently bring down the values of properties around them.

Buyers are finding homeowners negotiating far greater percentages off of their asking prices than ever before.


When you hear that there are fantastic opportunities out there to buy great real estate at low prices and obtain a 30 year fixed rate mortgage below 5% interest, how do you feel?

Anxious... Confused...
Excited... Interested...

Now more than ever, you need a full-time local professional realtor to help find value amongst the many listings from which to pick. Finding a home is just the first step. With pricing all over the map, the art of negotiating your contract is the most important factor in winning the home you want to buy.

We've helped over 100 clients this past year alone experience real estate success. In my office, we have over 75 years of experience selling homes through all types of markets and economies. We understand the complexity of today's market and make your purchase or sale comfortable and enjoyable.

--Kirt Rosenbaum, Your Local NJ Realtor