Real Estate Information Archive

Blog

Displaying blog entries 1-6 of 6

Almost every seller wants their home SOLD fast for the best possible price. And it's not that difficult if some simple things are kept in mind.
1. PRICE THE HOME RIGHT! This is crucial. Pricing it too high will almost always result in prolonged sale at a lower than market value. If the market is appreciating, the price will eventually catch up but you lose the momentum. Plus the hassles of preparing the home for potential buyers for many months, if not years.
2. LET THERE BE LIGHT! Buyers like bright and lighted homes. And this is very easy to do, often with little to no cost. Keep the blinds open for showings. Make sure all light bulbs are working and are bright enough. Light makes a huge difference.
3. CURB APPEAL IS IMPORTANT! The home can be beautiful inside but you risk losing a sale if the outside looks uncared for. Mow the lawn, remove the weeds, plant some flowers, do touch up paint, look for any areas that need attention so that potential buyers don't get turned off. Invite them in.
4. DECLUTTER! Most buyers can't see past what they see. Decluttering ensures that they can see the home without distractions. Also, clutter is a safety hazard, it can create falls and trips.
5. LET THE AROMA INVITE! Any odors or smells can be a turn off. When we live in the home, we don't smell the pet odors, the cooking odors, etc. But the buyers do. Best is to listen to your Realtor's advice and do what is necessary to eliminate that smell to get top dollar for your home.
Want more tips? We are happy to help. Call us at 732.494.2211 and we will gladly guide you.
Thinking of buying or selling your home? Call us and experience the difference, 732.494.2211.
On Track Realty has been serving clients with honesty and integrity since 1994. Our promise is simple, if it's not good for our clients, it's not good for us!
Call us today, refer your friends to us too please. We are here to serve you by putting your interest first. 732.494.2211. www.ontrackrealty.com

The On Track Difference!

by Sanjeev Aneja

We are often asked what is the difference between On Track Realty agents and other agents who work for big franchises or other offices? What's our reason for huge success as a small office? How do we compete head on and succeed?
While there are few that come to mind, here are our top 3 that make us who we are. And these are the values instilled in us, a part of our mission to create raving fans.
1. Put clients first, seriously. These are not simple words, we mean it. Deal or no deal, we put our clients interest first, period!
2. The personal touch - from the beginning to the end and beyond, our clients are never lost in this complicated process. We are there to guide them as needed, help them as needed. 
3. Genuine and sincere care when we are not being watched by clients. Anyone can talk good in front on someone to earn the business, we care genuinely when you are not watching too. If you could record our words at the office, you would hear us discussing how to help you better in all aspects of the transaction. Your best interest is our #1 goal, whether you are watching or not!

We know consumers have a lots of choices today. So many agents to choose from, so many internet generated leads where consumers have no idea who they are about to work with. While anyone can show you a home, our best advise is to work with someone who comes highly recommended, work with someone who cares, work with someone who puts your interest first. And you can often tell that very quickly. Never be stuck with non-performance, walk away if you are not being represented well or not being treated right.

Our full time experienced professionals are here to serve you for all your real estate needs. We do not hire part time agents. Call us and you too will become our raving fan!

On Track Realty is a licensed real estate broker serving clients with honesty and integrity since 1994. We can be reached at 732.494.2211. Track us on internet at www.ontrackrealty.com. We appreciate the opportunity to serve you and your referrals. Thank you.

Sanjeev Aneja, Broker/President
www.facebook.com/sanjeev11

Don't list your home till you have these 5 things covered!

by Sanjeev Aneja

You have interviewed the agents. You have picked someone you would like to work with. All seems good! But wait, don't sign the paperwork till you have these FIVE CRITICAL things taken care of for your peace of mind, and best bottom line in most cases.

1. Do not sign a long term listing agreement. SIX months is way too long in most cases! You can always extend the listing later if needed!

2. Insist on having the right to unconditionally cancel the contract if you are not satisfied with the agent/broker due to any reason! We call this Easy Exit Listing Agreement. Don't be tied to non-performance. Reserve the right to fire if the promises are not being kept!

3. Insist on broker cooperation.  This is number one reason why the MLS works. When brokers cooperate, more buyers compete, and your net increases. Waiver of cooperation is the last thing you want to consider unless you want lower demand on your home, thus possible lower price! Remember, competition creates price!

4. Insist that the home be listed in the MLS right away, no pocket listings (where only listing office can show) for few days first! Again, your goal is highest possible price and pocket listings decrease competition.

5. Insist that all written offers be presented to you till the day of the closing.  This is required by the Real Estate Commission rules anyhow but doesn't hurt to instruct your agent.  Your broker must not say "No more offers" unless you have directed them "no more offers".

Ontrack Realty is a licensed real estate broker serving clients with honesty and integrity since 1994. Call our team of full time successful Realtors at 732.494.2211 and Experience the Difference!

Visit www.ontrackrealty.com to find homes, search the MLS, find approximate value of your home! If you like what you see, please tell friends too! Thank you!

Selling, buying, renting? There is only one number to remember, 732.494.2211.

Have other suggestions? We would love to hear from you!  Our goal is simple, clients' interest first!


 

5 tips to reduce the possibility of defaulting on your mortgage!

by Sanjeev Aneja, ABR, CRS, GRI

One of the best things one can do is to fulfill their American dream of buying their home, for years of enjoyment and prosperity!  Yet the same best thing can turn into a nightmare if the home has to be foreclosed upon. The stress is enormous! The feeling of loss not easy to explain!

A home is a retirement fund for many. The appreciation in price presents lots of possibilities when the home is kept for long enough! Rent on the other hand is wasted money and it only goes up in most cases, year after year.

So buying your home is a good long term investment as long as certain precautions are taken.  Here are 5 things you can do to prevent the foreclosure possibility!  While things can still go wrong, these steps will help a lot from such a thing happening!

1. DO NOT BUY more than you can afford!  This is critical. It's OK to have a little smaller home. Avoid the low down payment trap too.  If saving for down payment is hard now, it will most likely become harder once you own your home!

2. Have atleast 6 months in reserves. This saves you when unforeseen things like sickness, job loss etc that may show up unannounced.

3. Keep adding to your savings each month. Save it from the top before you see your paycheck instead of waiting till the end. This helps increase your reserves in case that need arises (and we hope it never does).

4. Control your expenses, don't buy luxury items that you don't need. Don't go on luxury vacations that you can't afford.  Save now to save your home later.

5. If despite all the above, you face such a possibility, talk to your bank as soon as this possibility arises. Many banks will work with you by lowering your interest rate or making it an interest only loan!  Don't run away from the problem, tackle it head on!

A little discipline goes a long way. Ofcourse there are times when there is nothing you can do to avoid the situation! And it's ok, there is nothing more that you could have done. Things happen. Do your best to prevent before it happens, and move on if it does!

Best wishes with your purchase.  Please feel free to call us if we can help you in any way!

Buying or selling, call our full time professionals at On Track Realty at 732.494.2211. Our promise is that we will always put your interest over ours! If it is not right for you, it's not right for us, it's as simple as that!

Factors to consider when buying a home!

by Sanjeev Aneja

We are often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall down the road, while others are convinced that home prices will go up.

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have fluctuated, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, a one point rise in interest rates could cost tens of thousands of dollars over the life of your mortgage!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates while they are still available.

It is important to remember though that the markets fluctuate. The prices go up and down.  As long as you plan to stay in your home long enough to weather out any down markets, you will normally come out ahead at the end.  With that said, if you know for sure that you will have to move within next 2/3/4 years, we suggest that you evaluate the market carefully.  There are closing costs involved when buying and when selling and even if the price goes up some in that time frame, you may end up losing real money!

Please give us a call if we can be of any assistance in determining how much home you can afford in today's market AND whether you should buy or continue to rent given your situation!

Thinking of buying your home, or know of friends who are? Let our full time professionals understand your needs and guide you accordingly! Your best interest is our # 1 priority and commitment Call us at 732.494.2211. On Track Realty, Licensed real estate broker! www.ontrackrealty.com

Is this the right time to buy a home?

by Sanjeev Aneja

Interest rates will go up and interest rates will go down. Decision to buy your home cannot and must not be solely based on the interest rates. Analyze your needs first, look at your income and affordability, see if you have cash reserves for those out of ordinary few months where expenses may go up, and then jump into this major purchase. Interest rate is but one component. Changing market is another. How long you will live in the home is yet another question to ask!

Thinking of buying your home, or know of friends who are? Let our full time professionals understand your needs and guide you accordingly! Your best interest is our # 1 priority and commitment Call us at 732.494.2211. Track us on internet at www.ontrackrealty.com

We promise excellent service with honesty and integrity! Your interest over ours is our commitment to you!

On Track Realty is a licensed real estate broker in NJ. We can be reached at 732.44.2211. www.ontrackrealty.com. Like us on facebook at www.facebook.com/ontrackrealty to get frequent updates about the real estate market!

Displaying blog entries 1-6 of 6