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Classifying real estate expenditures as repairs rather than capital improvements often results in tax savings
Unsold NJ housing inventory continues to rise month-on-month, increasing for 5 months in a row
Overpricing a property reduces its selling price-it inevitably ends with price cutting & a weak negotiating position. The longer a property stays on the market, the less it will sell for. The key to selling a property for top dollar is pricing it correctly in the 1st 30-45 days it's on the market.
Home prices in NJ increased 12% in 2020 and are expected to increase at about the same rate in 2021
Get a free copy of your credit report from all 3 major credit bureaus and make sure there are no errors that need to be corrected BEFORE you apply for a mortgage.
NJ is the sixth most expensive place to rent in the US behind only Hawaii, California, New York, Massachusetts and Washington, D.C.
