Real Estate Information Archive


Displaying blog entries 1-6 of 6

Should we go Solar?

by Sanjeev Aneja

Advantages and Disadvantages of going Solar!

We are often asked of effects on home prices if the home is converted to solar. There are few studies and the results are mixed on this.  We guess a lot depends on who conducted the study.

Here are our thoughts.

1. Go solar only if you plan to stay in the home long enough to realize the savings. The recovery time is long so plan accordingly.  All said, it is definitely worth it, financially and environmentally, if you plan to stay long enough but do not do so thinking the home price will go up due to conversion.

2. Many buyers don't want to take on the responsibility of the contract you have with your solar company so that may affect the deal.

3. Some buyers don't like the looks of the solar panels on the roof so that may impact the sale of the home.

4. Technology is changing fast so old large panels are getting obsolete faster than we can think. 

Tesla has come up with new panels that look just like regular shingles and the promise is excellent.  The home will look like regular shingle home while it provides the efficiency and savings of solar. So if you haven't converted yet, it may be worth the wait for another year or two.

All said, if you have already converted to solar, no worries. Enjoy the savings as long as you can. And when the time to sell comes, we will handle the situation then and guide you accordingly.  If you are about to convert but haven't signed the contract yet, please make sure it has an exit clause of some kind so that you are not forced to fulfill in case you have to sell your home. Also, read the contract carefully to know your responsibilities and liabilities in case the roof needs replacement.

Best wishes. Please feel to contact us if you have specific questions on this or any other home related subject We are here to help.

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.




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 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!

Pricing your home right is Job #1

by Sanjeev Aneja

"We want the highest price for our home", this is what every seller wants, and this is what a great agent wants too for his/her clients!  And there is a way to do this, a formula that works consistently!

So what is that formula?  It's pricing the home right.  And while this is true in any market, it is even more important in a seller's market where there is an abundance of buyers! When you price your home right, the home becomes instantly popular, the buyers line up, multiple offers come in, and the price goes up! Quite often, the price goes up dramatically!  And it all happens because a good value is presented upfront!

So what is the right price? That is where a good successful agent comes in! He/she guides you based on the comps and based on their experience of the market!

Pricing high will almost always guarantee that the home will take longer to sell.  "We can always negotiate down" is also a strategy but not a good one as it takes away the possibility of competing offers including the terms!

In our business, we have a term called 'buying a listing'.  This is taking a listing at any price even when we know that there is no way to support the price!  And sellers often get lured by that.  Our best advise, don't fall for that trap! It will most likely hurt your bottom line!

Thinking of selling your home?  Want us to help you with a strategy to help you sell your home for the best possible price in the shortest period of time?  It will be our pleasure to help.  Call us today and let our experienced agents go to work for you!

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. Track us on internet at Like us on facebook at to get frequent updates about the real estate market!


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

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. Like us on facebook at to get frequent updates about the real estate market!

Interesting facts about Edison NJ

by Sanjeev Aneja

We have been serving the families in Edison since our inception in 1994 and feel that there should be a one place consumers can go to and find information about the town on their fingertips!  Here are few facts. We welcome the input of Edison residents to make this even more interesting and informative!

* Edison offers an excellent school system.  There are 2 high schools (Edison High and JP Stevens), 4 middle schools, and 11 elementary schools!  You can learn more about the Edison Township Public Schools HERE.

* Edison is about 30.6 sq. miles in area and is the 5th largest municipality in NJ .  Edison was ranked as the 28th most livable small city in the USA by CNN money Magazine in 2006. In 2008, Money Magazine ranked Edison # 35 out of the top 100 places to live in USA.  Edison is known for it's excellent schools, easy access to major highways (NJ Turnpike, Garden State Parkway, 287, Rt 1, Rt 27), proximity to transit system (Edison Train Station, Metuchen Train Station, and Metro Park Train Station), major shopping malls (Menlo Park Mall and Woodbridge Center Mall), and much more!  You can learn more about Edison township HERE.

* Edison was home of Thomas A Edison.  The Edison memorial is being fully renovated and restored with funding from the state. It is located less than 5 minutes away from our On Track Realty office. For details of the memorial, click HERE

On Track Realty team is ready to serve your real estate needs, and answer your real estate questions.  Please visit us at to search the homes for sale in Middlesex county and for many other resources! We can be reached at 732.494.2211. Like us on Facebook LIKE.

We welcome your input!


Displaying blog entries 1-6 of 6