~ North Jersey Real Estate Blog ~

Feb Jobs Report: More Jobs for Young Adults Today = More Housing Demand Tomorrow

2012-03-13T04:38:00.000-07:00

The U.S. Bureau of Labor Statistics reported last Friday that nonfarm payroll employment rose 227,000 in February, and the unemployment rate was unchanged at 8.3 percent. Payroll jobs increased in professional and business services, health care and social assistance, leisure and hospitality, manufacturing, and mining. The number of unemployed persons, at 12.8 million, was essentially unchanged in February. At 8.3 percent, the unemployment rate remains 0.8 percentage point below the August 2011 rate.

According to Jed Kolko, Trulia’s Chief Economist, this is good news. He writes:

The February 2012 jobs report . . . was once again very strong for housing. First, the jobs picture keeps getting better for 25-34 year-olds. Second, construction employment kept pace with solid overall employment growth.

Unemployment among 25-34 year-olds
Why does this indicator matter for housing?

Between the ages of 25 and 34 is prime time when many people form households with a spouse, partner, roommate, or by themselves, then start families and buy their first home. During and after the recession, household formation dropped for this age group, and more of them than ever were living with parents or other adults rather than renting or owning their own place. These folks will wait to form their own households and consider homeownership only when their job prospects improve. A key measure for housing demand and homeownership is the unemployment rate for this group and the share of this age group that is employed.

What happened this month?
In February, the unemployment rate for 25-34 year-olds dropped to 8.7% from 9.0% in January and is at its lowest level in three years. The unemployment rate for all adults stayed steady at 8.3%. The recession hit this age group especially hard: their unemployment rate peaked at 10.6%, compared to 10.0% for all adults, but this gap is now closing. In February, 74.7% of 25-34 year-olds were employed (the rest were unemployed or not in the labor force because they’re in school, discouraged from looking or not looking for other reasons), up from 73.9% a year ago, but still way below the normal level of almost 80%.

Read the entire article here: Feb Jobs Report: More Jobs for Young Adults Today = More Housing Demand Tomorrow

Sellers: Be Ready for Your Home Inspection

2012-03-12T04:48:00.000-07:00

Congratulations! You’ve accepted an offer on your house, and you’ve made it through the attorney review period. You are “under contract.”

Now comes the scary part . . . the home inspection.

It doesn’t have to be scary. Pillar to Post Home Inspectors offer a few basic tips that can get your home ready for the home inspection:

Disclosure.
Your Seller’s Disclosure should include any known issues, such as water damage. You should also have available any municipal permits for major renovations.

Exterior: Routine Maintenance.
Repair any damage to masonry on steps and walkways. Seal cracks in the driveway. Recaulk around windows and doors, and replace any missing or damaged shingles.

Interior: Do the Minor Fixes.
Repair leaky faucets and fixtures, reacaulk around tubs and sinks. Have an electrician inspect receptacles and switches, and make any necessary repairs. Replace any cracked window glass, and make sure no windows are painted shut.
If you have a fireplace, have the chimney cleand and checked by a professional. Have your heating and air conditioning systems checked beforehand.
If you have battery-operated smoke/CO detectors, replace the batteries.

On the Day of the Inspection: Make your Home Accessible.
Usually the seller is not present for the home inspection, but your agent should be there for any questions that may arise. Make sure all areas of your home are accessible — provide keys to locked areas. If you have pets, make sure they are out of the house or crated that day. For peace of mind, put away in a safe place any valuables.

These are all relatively simple steps that can make a big difference in the home inspection.

Open Houses This Weekend!

2012-03-10T05:52:00.000-08:00

Stop by Sunday from 1-4 PM to see one of these two beautiful Colonials on Howard Street, Wyckoff!

42 Howard Street

This extra-large Colonial was totally renovated in 2006 and offers lots of space for everyone! Large, sunny rooms, a Master Bedroom Suite with an incredible walk-in closet, plus a second Bedroom Suite. In all, 5 Bedrooms, 4 Baths. Beautiful hardwood floors, firplace, and an awesome Kitchen that you’ll love to cook and entertain in!
For more details, visit http://www.homesinnorthernnewjersey.com./

31 Howard Street

Great floor plan and classic design come together in this 4BR Colonial. Great Room with Fireplace adjacent to the spacious Kitchen, first floor office, laundry and walk-in pantry. Huge basement with high ceilings, ready to be finished. Stop by — you’ll be glad you did.
For more details, visit http://www.homesinnorthernnewjersey.com/listing/mlsid/414/propertyid/1140277/

Recycle Your Household Hazardous Materials TODAY

2012-03-10T05:17:00.002-08:00

Attention Bergen County Residents! Today is a Hazardous Materials Recycling Day, offered by the Bergen County Utilities Authority. Today’s event is at the BCUA in Moonachie (foot of Empire Boulevard).

Among the acceptable materials for today’s collections are: aerosol cans, bug spray, disinfectants, fire extinguishers, fluorescent light bulbs, paints and varnishes, used motor oil. See the entire list here.

The BCUA offers eight dates throughout the year in three different locations.

“TAKE YOUR HAZARDOUS WASTE TO A SAFER PLACE.”

“Housing Crisis to End in 2012 as Banks Loosen Credit Standards”

2012-03-06T05:03:00.000-08:00

Capital Economics expects the housing crisis to end this year as a result of loosening credit. Banks are now lending amounts up to 3.5 times borrower earnings, up from a low during the crisis of 3.2 times borrower earnings. They are also loosening loan-to-value (LTV) ratios, up from 74% in mid-2010 to 82% LTV. The expectation is that this will continue, supporting home sales and putting a floor under house prices. Source: http://www.dsnews.com/.

I can tell you that here in North Jersey, the Buyers are out in numbers. We have seen it every weekend at open houses in January and February. Making it easier for those buyers to obtain financing will have a huge impact on the market. Stay tuned!

Tips for Sellers: Why Do You Need a Lockbox?

2012-03-05T15:04:00.002-08:00

Some homeowners are reluctant to put a lockbox on their home when listing it. They want to keep control of the showing process or may cite security concerns. But if you want to sell your home, then you should have a lockbox.

Statistics show that a home with a lockbox gets more showings and is on the market for a shorter length of time than one without a lockbox. You want to make your home as accessible as possible, so that showings can be convenient for potential buyers. In addition, many buyers feel more comfortable and less intimidated looking at a home when the seller is not present. The goal is for potential buyers to feel comfortable, and be able to picture themselves living there. They have a harder time doing that if the seller is present during showings.

As for security, today’s electronic lockboxes record the user’s information immediately when the box is opened. The listing agent can receive an email, reporting who opened the box, and the date and time they opened it. Lockboxes can also be programmed to restricted hours (e.g., they can’t be opened after 9 PM or before 7AM). Of course, there are situations, such as the presence of a pet, or the use of a home security system, when lockboxes are not optimal. But in general, for most listings, I highly recommend the use of a lockbox.

The Value of Your Home

2012-01-30T09:39:00.000-08:00

When I meet with sellers to talk about the value of their home, I often remind them:

"Sellers are NOT the deciders of what their home is worth, but they ARE the deciders of how quickly their home will sell."

The value of your home is determined by one thing and one thing alone: the market. The real value is what a willing buyer will pay for it, and what you will accept. Nothing more. Nothing less.

If you want to sell your home quickly and for top dollar, then in this market you must:
-- take the time to prepare your home to show in its absolute best condition, even if it takes months (or longer!) beforehand
-- set the right price for your home from the start
-- be prepared to adjust the price over time, depending on how buyers respond
-- work with an experienced, local professional who has a thorough understanding of what's happening in the local real estate and mortgage markets, to guide you through the process.

The North Jersey Real Estate Market is Buzzing!

2012-01-28T09:34:00.000-08:00

The Buyers are out in droves and are serious! Houses are being shown, contracts are being written and open houses are well attended.

For the past two Sundays, we have had great turnouts at the open houses we've hosted . . . and that was competing against football playoffs! I can't wait to see what tomorrow's attendance is like!

No Football this Sunday . . . Come to an Open House!

2012-01-27T08:48:00.000-08:00

Looking forward to the Super Bowl next Sunday! Go Giants!

This Sunday, since there's no football (well, the pro bowl, but that's not until 7 pm), why not come to an Open House at one of these four beautiful North Jersey homes. Each is spectacular in its own way — something for everyone!

Open this Sunday, January 29, 1-4 PM are:

48 Deer Trail, Ramsey | 4BR, 3BA | $724,750
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42 Howard Street, Wyckoff | 5BR, 4BA | $889,000
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31 Howard Street, Wyckoff | 4BR, 3.5 BA | $1,199,000

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966 Lily Pond Lane, Franklin Lakes, NJ | 4BR, 4FB,2HB | $1,479,000

NJ: Best State to Raise Your Child

2012-01-26T07:59:00.000-08:00

The best state to raise your child? New Jersey.

The Foundation for Child Development has released its 2012 Child Well-being Index, a state-by-state comparison of quality of life for kids. The Garden State tops the list.

The top ten states are:

1. New Jersey
2. Massachussetts
3. New Hampshire
4. Utah
5. Connecticut
6. Minnesota
7. Iowa
8. North Dakota
9. Maryland
10. New York

Check it out at http://fcd-us.org/node/1154

Cool App - Find, Explore NJ State Parks

2012-01-26T07:45:00.000-08:00

Here’s a useful app for your iPhone or Droid. Pocket Ranger’s State Park app:

Become inspired to explore NJ ‘s natural and historic world with this FREE mobile app—the only official app of New Jersey that allows you to access the most up-to-date park information such as upcoming events, weather conditions and safety alert communications, while taking in the scenery at your favorite area. Choose a park to visit by location, or by activity such as camping or fishing.

Some Good News! Home Sales Trending UP!

2012-01-25T07:43:00.000-08:00

The latest monthly data from the National Association of Realtors (released last Friday) show existing home sales rose 5.0 percent in December from November, and were 3.6 percent higher over the level in December 2010.

NAR’s chief economist, Lawrence Yun, said that these are early signs of what may be a sustained recovery. “Record low mortgage interest rates, job growth and bargain home prices are giving more consumers the confidence they need to enter the market,” Yun said.

The national rate for a 30-year conventional, fixed-rate mortgage was 3.96 percent in December, down from 4.71 percent a year earlier.

Some positive trends:
• Foreclosures sold for an average discount of 22 percent in December, up from 20 percent a year ago.
• Short sales closed 13 percent below market value, compared with a 16 percent discount in December 2010.
• Available inventory has decreased since it peaked in July 2007, and is at the lowest level since March 2005

In the Northeast, existing home sales jumped 10.7 percent in December, which is 3.3 percent above a year ago.

This is good news. The housing market is beginning to stabilize, and actually improve. There is a lot of “pent up demand” – people who have put off purchasing but are finally getting off the fence. More buyers coming into the market means additional benefits for the overall economy. When people buy homes, they stimulate of lot of related goods and services.

This is a great way to start the year!

Source: http://www.realtor.org

Looking for a Unique Gift this Valentine’s Day? How About a New Home?

2012-01-20T11:49:00.001-08:00

You’re invited to the Open Houses this Sunday, January 22 at two beautiful Wyckoff Colonial homes. Just imagine how surprised your Valentine will be with a new home!

31 Howard Street: Curb appeal plus the floor plan that everyone wants. Formal LR, Formal DR, cook’s dream Kitchen that flows into the Great Room with fireplace. First floor office, laundry and walk-in pantry. Sumptuous Master Suite, plus another en suite bedroom. Four bedrooms in all, with 3-1/2 bathrooms.

42 Howard Street: Totally renovated in 2006 with an awesome Kitchen with doors to the private yard with inground pool. Five bedrooms and 4 full bathrooms! The Master Bedroom suite has a walk-in closet that will WOW you! All rooms bright and spacious.

Mortgage Rates STILL at Record Lows

2012-01-16T07:52:00.001-08:00

For the week ending January 5, 2012, 30-year fixed rate mortgages averaged 3.91 percent, compared to 4.77 percent at the same time last year. It was the fifth consecutive week that the 30-year fixed averaged below 4 percent. [source: Freddie Mac]

It’s a great way to start the year, but how many more times in 2012 are we going to see that headline?

From the high numbers of guests we saw at Open Houses yesterday, I’d say that Buyers are well aware that these rates will not last forever. They were out yesterday! If you’ve been thinking about selling, this may be the time to do it!

Just Listed: Gracious Colonial in Franklin Lakes

2012-01-12T18:28:00.000-08:00

966 Lily Pond Lane

Franklin Lakes, NJ

Just Listed! Open House Sunday, January 15, 1-4 PM.

Stop by this Sunday to preview this gracious CH Colonial

with great space. Large, bright rooms throughout.

Living Room with fireplace
Spacious Dining Room,
Incredible Great Room floor-to-ceiling fireplace, wet bar and French doors to deck
Cook's Kitchen loaded with amenities, large island, granite countertops
Sunroom/Dining Area
First floor paneled Library/Office and large Laundry Room
Large Master Suite with dressing area and two walk-in closets, balcony overlooking Great Room
Front and back staircases
Inground heated gunite pool
Cabana with half bath and outdoor shower
Pergola covered paver patio

...and so much more!

Offered at $1,479,000

For more info and photos, visit:
www.sallyponchak.com/lilypond.asp

Call Sally for your exclusive showing.
201-981-8934

Great New Price on a Great Wyckoff Home

2012-01-11T09:47:00.000-08:00

Wow! What a fabulous new price for this fabulous Wyckoff Colonial!

31 Howard Street is now offered for $1,199,000.

Call me for your exclusive showing! 201-981-8934.

Has the NW Bergen Real Estate Market Hit Bottom? Some Stats and Some Optimism

2012-01-11T09:40:00.000-08:00

Looking at the New Jersey Multiple Listing Service 2011 statistics for the 13 towns in the NW Bergen area, I’m wondering if maybe the North Jersey real estate market has hit bottom and 2012 will be the year we begin to rebound.

Real estate is local, and the national reports aren’t always relevant to what’s happening in a specific area.

Here in NW Bergen last year, the number of sales, average and median prices, and sale-price/list-price ratio were all slightly down from the previous year, while days on market went up slightly. The bottom line is that, on average, in 2011 not as many homes sold, and the ones that did took slightly longer and sold for less than ones that sold in 2010.

Have we hit bottom?? Of course we won’t know what “bottom” is until prices start heading back up. I can’t speak for the whole area, but for me, personally, business is definitely picking up. Through December and now into January, the number of calls I’m receiving from potential buyers and sellers has markedly increased over previous months. I think a lot of homeowners have finally come to terms with where the market is, and they’ve put off selling long enough. As for buyers, who knows how long interest rates and prices are going to remain this low, so to put off buying any longer is likely to cause regrets down the road.

Of course there are so many factors that play into the eventual recovery — how the European markets affect interest rates here, the shadow inventory of foreclosed homes that yet to hit the market, unemployment, consumer confidence, etc.

But I’m an optimist. Being in this business over 22 years, I have been through the up markets and the down markets. It always turns around. Based on how much my phone is ringing, I’m thinking that 2012 is going to bring the start of this market’s turnaround.

One Stop, Two Open Houses - Sunday, Jan. 8, 1-4 pm

2012-01-05T17:10:00.000-08:00

You are invited to TWO Open Houses this Sunday, January 8, 1-4 PM.
One street, two Open Houses!

For additional information and photos,
click on the street address.

31 Howard Street, Wyckoff

4BR, 3BA Colonial

Offered at $1,289,000

42 Howard Street, Wyckoff

5BR, 4BA Colonial

Offered at $889,000

My New Year's Wish For You

2012-01-01T02:05:00.000-08:00

The Little Things.

Most of us miss out on life’s big prizes.
The Pulitzer. The Nobel. Oscars. Tony. Emmy.

But we’re all eligible for life’s small pleasures.

A full moon.
A great meal.
A crackling fire.
A pat on the back.
A four-pound bass.
A glorious sunset.
A kiss behind the ear.
An empty parking space.
Hot soup. Cold beer.

Don’t fret about copping life’s grand awards.
Enjoy its tiny delights. There are plenty for us all.

Happy New Year!

Happy New Year!

2011-12-31T14:04:00.001-08:00

I wish you a wonderful New Year filled with abundance, joy,
and treasured moments. May 2012 be your best year ever!

New Rental Listing in Waldwick

2011-12-22T08:26:00.000-08:00

Just Listed!

Lovely ranch end unit in Tamaron!

Who wants one-floor living? Lovely ranch end unit in the Tamaron condominium complex in Waldwick. Features large Living Room, Dining Room, updated Kitchen, Master Bedroom with Bath, second Bedroom and second full Bathroom. Designated and visitor parking spaces just steps from the front door. Adult community with clubhouse, pool and tennis. Call Sally for details or a showing: 201-981-8934.

Fun for the Kids During Holiday Recess Next Week!

2011-12-22T06:30:00.000-08:00

Looking for something fun to do with the kids over winter break next week?

The Bergen County Zoological Park in Paramus is hosting a Holiday Recess program. Every day from Monday, December 26 through Sunday, January 1, they will be hosting an "Open House" from 10:30 am til 12 noon. Families are invited to participate in various animal-related activiites, games and crafts. A live animal will be in the room each day at 11:30. NOTE: this is not a drop-off program -- an adult must stay with children in the classroom.

The afternoons feature a different topic each day:

Monday, Dec. 26, 2-3 pm: Wild Animal Playtime
Tuesday, Dec. 27, 2-4 pm: On the Farm
Wednesday, Dec. 28, 2-3 pm: In My Backyard
Thursday, Dec. 29, 2-3 pm: Animal Wrappers
Friday, Dec. 30, 2-3 pm: Reptiles and Amphibians

Click to get the Registration Form and more information.

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Thanks for reading my North Jersey Real Estate Blog! Sally Ponchak, ABR, GRI | Email: sallyponchak@gmail.com

I can help you purchase a home or sell your home in the towns of
Allendale, Franklin Lakes, Glen Rock, HoHoKus, Mahwah, Midland Park,
Oakland, Ramsey, Ridgewood, Saddle River, Upper Saddle River, Waldwick, Wyckoff

Home Improvement Apps for the iPad, iPhone, iPod

2011-12-20T12:15:00.000-08:00

Pretty cool stuff! Apps that you can use in your home improvement projects.
Cost: free to $4.99.

Image: HouseLogic

Sherwin Williams Color Snap:
Take a picture of anything and this app tells you which Sherwin-Williams color most closely matches your photo subject.

Home Improvement CALCS:
More than 115 calculations for every home improvement project imaginable.

Ruler 2:
For emergency measuring when no ruler or tape is handy.

iHandy Carpenter:
A digital toolkit that turns your Apple device into a plumb bob, surface level, bubble level bar, steel protractor, and ruler.

Dream Home:
Hundreds of design ideas for your remodeling project.

I.D. Wood:
Everything you need to know — and a few things you don’t — about 160 species of wood, from the common (white oak) to the exotic (Australian black bean).

Read more: http://www.houselogic.com/blog/planning-your-remodel/iphone-home-improvement-apps/?nicmp=hlim&nichn=link&niseg=rc#ixzz1h5EycnAh

_____________________________

Thanks for reading my North Jersey Real Estate Blog!
Sally Ponchak, ABR, GRI | Email: sallyponchak@gmail.com

I can help you purchase a home or sell your home in the towns of Allendale, Franklin Lakes, Glen Rock,
HoHoKus, Mahwah, Midland Park, Oakland, Ramsey, Ridgewood, Saddle River,Upper Saddle River, Waldwick, Wyckoff

Happy Hanukkah

2011-12-20T04:21:00.000-08:00

As you celebrate the Festival of Lights,
may your home be bright with happiness and love.

Best wishes for Hanukkah!

______________________________________

Thanks for reading my North Jersey Real Estate Blog!
Sally Ponchak, ABR, GRI | Email: sallyponchak@gmail.com

Service

2011-12-14T03:58:00.001-08:00

To all my clients (past, present and future!)

I may not have the answer…

But I’ll find it.

I may not have the time…

But I will make it.

I may not be the biggest…

But I’ll be the most committed

To your success.

_______________________________

Thanks for reading my North Jersey Real Estate Blog!
Sally Ponchak, ABR, GRI
Email: sallyponchak@gmail.com

I can help you purchase a home or sell your home in the towns of
Allendale, Franklin Lakes, Glen Rock,HoHoKus, Mahwah, Midland Park,
Oakland, Ramsey, Ridgewood, Saddle River,Upper Saddle River, Waldwick, Wyckoff

Housing Affordability: Better than Ever!

2011-12-13T05:16:00.000-08:00

Mortgage rates continue to hover at all time lows, and home prices are lower than they've been in years. The combination of these two factors means that housing affordability - when measured as the percentage of monthly income represented by purchase mortgage payments - is better than ever.

Shane Force, of Atlantic Home Loans, sent me the following two slides.

Even though at this time last year we thought mortgage prices were low, low, low, look at how they have continued to go down in 2011.

What does this mean for buyers? It’s obvious that at some point the rates are going to start heading in the other direction. No one knows when that will be. But to continue to sit and watch, thinking that rates will go lower, is, at this point, simply not wise. We will know when rates have hit rock bottom — on the day they start to head back up! Are you going to wait for that to happen?

Bottom line: if you’re thinking about buying, NOW IS THE TIME! If you’ve been renting, it’s likely that it will cost you less per month in mortgage payments than it does now in rent.

Start your home search here!

Seasonal Staging

2011-12-12T05:38:00.000-08:00

Photo credit: frontdoor.com

Many sellers think they should take their home off the market until after the holidays. But the buyers who are out there looking now are SERIOUS. When other sellers take their homes off the market, it’s a bonus to those who stay with it — less inventory, less competition!

So how should you decorate for the holidays when your home is actively being shown?

Frontdoor.com offers some tips:

The goal is to make your home feel warm and festive
Avoid overly religious themes, which may be off-putting for some buyers
Make sure your holiday collection matches your home’s current decor
Draw attention to special features with holiday decorating – like hanging some mistletoe from an arched doorway
Go light on lights – tone down any garish light displays and instead highlight your home’s architecture with simple string lights
If you have a Christmas tree, make sure it doesn’t overwhelm the space
Make your home warm and inviting – if it’s cold outside, crank up the heat a few degrees before a showing. Turn on that gas fireplace. You want potential buyers to want to stay longer in your home, so they can admire its best features.

Check out the full article: Stage the Halls: Dress Your Home for Sale This Holiday Season

Some Holiday Cheer from Patch

2011-12-09T10:51:00.000-08:00

Free parking today on E. Ridgewood Avenue, courtesy of Patch! That’s the holiday spirit! Thanks, Patch!

Just Listed: Opportunity in Franklin Lakes

2011-12-09T04:58:00.000-08:00

Who do you know that would like to live in Franklin Lakes, with its lovely neighborhoods and great schools? Here’s their chance.

Just Listed: 959 Pines Terrace

Ranch with 3BR, 1.5BA, two fireplaces, attached 1-car garage, full finished basement, large mudroom and deck with hot tub. Call for a showing: 201-981-8934. Click on the photo for more info/photos.

Buyers - Get the Home Buyer's Toolkit FREE

2011-12-07T08:19:00.000-08:00

Buyers - Be Informed!

Whether you are a first time or repeat buyer, the Home Buyer's Toolkit is a valuable reference that guides you through 10 steps to a successful transaction. Sign up below for your free copy.

Video Worth Watching: The Mortgage Process

2011-12-06T14:04:00.000-08:00

This is a good explanation of the mortgage process. If you are just beginning the process, it is worth watching this video.

If you are unfamiliar with mortgage terms, you may find the Mortgage Glossary on my website useful.

Northwest Bergen Monthly Market Report - November 2011

2011-12-05T04:33:00.000-08:00

November saw 73 listings sell in the Northwest Bergen County area, up over the 64 listings sold in October, according to the New Jersey Multiple Listing Service. Ridgewood, which consistently has the most sold listings, had 13 in November. But so did Wyckoff!

Find out what happened in your town. My monthly market report includes a town-by-town breakdown of the number of listings sold, the average list price and average sale price, and the number and average price of current listings. Click on the link for the full report:

NW Bergen Market Report November 2011.
.

Open Houses This Sunday, December 4th, 1-4 PM

2011-12-02T08:39:00.001-08:00

You are invited to stop by the Open House at two of my listings this Sunday, December 4th, 1-4 PM. In both cases, your are in for a treat!

48 DEER TRAIL, RAMSEY | 4BR, 3BA | $749,900

Warm and welcoming, this Nantucket-style Colonial has been lovingly maintained and updated. Absolutely move-in condition, it offers a flexible floor plan that suits a variety of situations – extended family, au pair, for example. Located in a desirable neigborhood in a great town. Easy NYC access via train (two train stations), bus and major highways. Great schools and charming downtown “Main Street” filled with shops and restaurants.

31 HOWARD STREET, WYCKOFF | 4BR, 3.5BA | $1,289,000

Curb appeal and classic design come together to make this stunning home! Amongs its special features are the welcoming, 2-story entry foyer; lovely moldings; gorgeous hardwood floors; and the floor plan that everyone wants. The magnificent cook’s kitchen, with its furniture-quality cabinets and high-end appliances, opens to the Great Room with fireplace. Stop by Sunday – you will not be disappointed!

FOR AN EXCLUSIVE SHOWING OF EITHER HOME, CALL ME AT 201-981-8934.

A Great Philosophy!

2011-12-01T06:08:00.000-08:00

Someone sent me this in an email. You may have already seen it, but I think it's worth reading again!

The following is the philosophy of Charles Schulz, the creator of the 'Peanuts' comic strip. There are two sets of questions. You don't have to actually answer the questions. Just ponder on them.

1. Name the five wealthiest people in the world.

2. Name the last five Heisman trophy winners.

3. Name the last five winners of the Miss America pageant.

4 Name ten people who have won the Nobel or Pulitzer Prize.

5. Name the last half dozen Academy Award winners for best actor and actress.

6. Name the last decade's worth of World Series winners.

How did you do?

The point is, none of us remember the headliners of yesterday. These are no second-rate achievers. They are the best in their fields. But the applause dies. Awards tarnish. Achievements are forgotten. Accolades and certificates are buried with their owners.

Here's another quiz. See how you do on this one:

1. List a few teachers who aided your journey through school.

2. Name three friends who have helped you through a difficult time.

3. Name five people who have taught you something worthwhile.

4. Think of a few people who have made you feel appreciated and special.

5. Think of five people you enjoy spending time with.

Easier? The lesson: The people who make a difference in your life are not the ones with the most credentials, the most money...or the most awards. They simply are the ones who care the most.

Tips for Buyers: How to Close on a Home Quickly

2011-11-30T05:47:00.000-08:00

Here are a few tips on how to streamline the mortgage approval process:

–Know what you can afford.
–Know your credit score.
–Be truthful and upfront about your financial information.
–Provide paper and electronic copies of all financial documents.
–Ask the right questions, and always think ahead: is there anything else the lender needs?

Read the full article: http://www.homesinnorthernnewjersey.com/miarticles/articleid/17/

Mortgage Rates Remain About the Same as Last Week's

2011-11-29T14:24:00.000-08:00

According to an article yesterday afternoon by Matthew Graham at Mortgage News Daily, rates have pretty much returned to where they were last week:

•30YR FIXED - 4.0%, Some 4.125%, Very few 3.875%'s
•FHA/VA - 3.75%, more balanced with 3.875% today
•15 YEAR FIXED - 3.375%-3.5%
•5 YEAR ARMS - low 3% range, huge variations from lender to lender

I like his "Batting Cage Metaphor:"

"Rate offerings from lenders over the past month have been like a temperamental pitching machine in a batting cage-generally getting the ball across the plate, but with no really juicy pitches. But recently, we've seen some more consistently good pitches (best-ex around 4.0% instead of 4.25%). Sure... you've seen better, but not by much (3.875% and RARELY 3.75%). How many more will you count on before calling it a day? Personally, I'd like to end my batting cage session with a nice hit. The more "pitches" you wait for with rates already at a 4.0%, the greater the risk that the next pitch will be a curve-ball."

Source:
Mortgage Rates Return to Last Week's Range After Scary Morning
www.mortgagenewsdaily.com

If you are thinking about buying, why are you still waiting? Rates are at historic lows and the longer you wait, the more likely you'll get that curve-ball! If you need help, call me and I will put you in touch with a mortgage professional who will help you through the process.

Northwest Bergen Monthly Market Report - October 2011

2011-11-18T07:16:00.000-08:00

Last month, 64 listings sold in the Northwest Bergen County area, according to the New Jersey Multiple Listing Service. Ridgewood had the most with 10 listings sold, followed by Franklin Lakes with 9.

Find out what happened in your town. My monthly market report includes a town-by-town breakdown of the number of listings sold, the average list price and average sale price, and the number and average price of current listings. Click on the link to see the full report.

Monthly Market Report October 2011

What is the Average Time to Sell a Home?

2011-11-17T09:53:00.000-08:00

According to Accredited Seller Agent Council, the average time to sell a home in the U.S. is 10 months. Of course, there are many factors that impact how quickly a home will sell, including price, condition, location, region, home-seller flexibility and type of sale (i.e., short sale or foreclosure may take longer in certain situations). Read the full article: What is the Average Time to Sell a Home?

Thinking of selling your home and wondering where to begin? Start by finding out your home’s value. Call me for a free Comparative Market Analysis for your home. If you’d like to make an appointment to meet and talk about selling, call me at 201-981-8934. I am always happy to walk through your home and offer suggestions and tips on how best to prepare your home before putting it on the market.

This Month in Real Estate - November 2011

2011-11-15T14:42:00.000-08:00

Our top story: what kinds of homes are first time homebuyers looking for?

Thank a Vet Tomorrow

2011-11-10T05:05:00.000-08:00

Tomorrow is Veterans Day, when we honor the more than 24 million men and women who have served in the United State Armed Forces. It's likely that you know a veteran -- please be sure to thank them tomorrow for their service and sacrifice.

Many restaurants and stores will offer free meals and special discounts for vets tomorrow. Among them: Applebees, Chili's Denny's, McCormick & Schmick's, Outback Steakhouse, T.G.I.Friday's, Olive Garden and more. For a full list of deals and offers for the military community, go to http://themilitarywallet.com/veterans-day-free-meals-and-discounts/.

Reminder: Recycling for Bergen County Residents Today! 9am-2pm

2011-11-05T05:26:00.000-07:00

Don't forget! The Bergen County Utilities Authority is hosting several recycling events today at Campgaw Mountain Reservation in Mahwah, from 9 am – 2 pm. These events are open to Bergen County residents (not commercial entities) and proof of residency is required.

Computer and Electronics Recycling: Including monitors, Computer Processing Units (CPUs), laptop computers, printers, keyboards, fax machines, har drives, modems, speakers, power sources and wiring.

Mobile Paper Shredding: Confidential/personal documents shreddedd on site. Limit 4 bags/boxes weiging less than 10 pounds each.

Tire Recycling Collection: Limit 4 tires per person per delivery. Tires with or without rims accepted.

The reservation is located at 200 Campgaw Road, Mahwah.
For more information: http://www.bcua.org/.

Don't Forget to Fall Back this Weekend!

2011-11-03T10:37:00.000-07:00

Change the Clocks, Change the Batteries!

Daylight savings time ends at 2:00 a.m. on Sunday, November 6, 2011.

Don't forget, when you change the clocks, to also change the batteries in your smoke alarms.

Open Houses this Sunday, November 6, 1-4PM

2011-11-02T10:59:00.000-07:00

You're invited to see these two beautiful homes this Sunday, November 6, 1-4 PM:

260 Wyckoff Avenue, Wyckoff

Your perfect entry to Wyckoff!

3BR, 2BA Cape Cod with lots

of room (.52ac) for expansion!

48 Deer Trail, Ramsey

Flexible floor plan is just right for

au pair or extended family situation!

4BR, 3BA Colonial

After the Storm: Helpful Article on What to Keep, What to Toss From Your Refrigerator

2011-11-01T13:25:00.000-07:00

The Bergen Record today published a very helpful article on what you should keep and what you should toss from your refrigerator if you've been without power since the weekend. You don't want to take any chances of getting yourself or your family sick! I hope your power comes back soon!

What to keep, what to toss from the refrigerator

Happy Halloween!

2011-10-31T11:40:00.000-07:00

Happy Halloween!

Mother Nature sure did play a mean trick on the east coast this Halloween weekend! In North Jersey there were so many trees, limbs and wires down! And so many people are still without power!

If you don't have power, please keep safe and warm! Be careful out there - especially if you're going trick-or-treating today!

Have fun but be safe!

Open Houses in Wyckoff - Sun, Oct. 30, 1-4PM

2011-10-28T05:32:00.000-07:00

Stop by the Open Houses at these three beautiful

homes in Wyckoff this Sunday, Oct. 30, 1-4 PM.

For more info, call Sally at 201-540-9444

31 Howard Street

4BR/3.5 BA Colonial

42 Howard Street

5BR/4BA Colonial

260 Wyckoff Avenue

3BR/2BA Cape Cod

It's No Trick! This House Is A Real Treat!

2011-10-28T04:37:00.000-07:00

I've just listed a beautiful 4BR,3.5BA Colonial. Curb appeal, classic design and the perfect floor plan, all in one. Open House this Sunday, October 30, 1-4 PM. 31 Howard Street, Wyckoff.

Halloween Weekend Events in North Jersey

2011-10-27T13:52:00.000-07:00

Looking for some fun things to do this Halloween weekend in and around North Jersey?
Here are a few suggestions (click on the link for more information):

HALLOWEEN CRAFT

Franklin Lakes: Franklin Lakes Public Library - Friday, October 28, 4-5pm

For Grades K-2

Come and make a trick or treat craft!
Franklin Lakes residents may begin to register on Monday, October 10.
Space permitting, out-of-town residents may begin to register October 26.

TOO CUTE TO SPOOK HALLOWEEN PIZZA PARTY

Paramus: NJ Children's Museum - Friday, October 28, 5:30-9pm

Come in costume for a Halloween costume party just for little ones!

Meet your favorite Princess and Super Hero! Surprise Favorite Characters!
Pizza Dinner, Dessert, Costume Contest, Trick or Treating*,
Pumpkin decorating, Games and DJ Entertainment by "Polka Dot"!
Tickets: $17.99+ tax per person(children & adults)
Dinner sessions at 5:30, 6:00, 6:30 and 7:00.
Tickets must be purchased for each adult and child attending.
No Coupons allowed for this event. * Not a peanut Free environment.

U-PICK PUMPKINS AND HAY RIDES
Mahwah: Secor Farms - Saturday and Sunday, October 29 & 30, 10:30am - 4pm

The Fall is an exciting time at Secor Farms! There are all sorts of activites going

on that make for a fun day. You can catch the hay ride back to the pumpkin fields
where you can pick your own pumpkins. There is also the hay maze that is always
a fun and exciting experience as you naviate through the maze. The animal farm is
also a great hit with the kids. Of course there is always a great flower selection
to choose from to brighten up your yard as the winter months approach.

HALLOWEEN PARTY

Upper Saddle River: Saddle River Valley Cultural Center - Saturday, October 29, 3pm

All ages! DJ laser light spooktacular party. Come celebrate Halloween at the Cultural

Center with dancing, crafts, donuts, cider, decorate a pumpkin and games.

Come in costume. Advance Tickets $12.

MISCHIEF NIGHT MASQUERADE BALL

Ridgewood: Ridgewood YMCA - Saturday, October 29, 5pm

Annual Halloween Masquerade Ball featuring Dance Master Lestat.

5:00-5:30pm - FREE Ballroom Dance Lesson
5:30-7:30pm - Dance and Refreshments
PRIZE FOR BEST COSTUME (COSTUMES ARE OPTIONAL)
Singles and Couples Welcome! Open to all Members and Non-Members
$15/person $25/couple

"STARVE A VAMPIRE, DONATE BLOOD" EVENT

Paramus: Community Blood Services - Saturday and Sunday, October 29 & 30, 8am-1pm

Monday, October 31, 8am-5pm

Located at 970 Linwood Avenue West. Phone 866-228-1500

HALLOWEEN FAMILY FUN DAY

Paramus: Paramus Whole Foods - Saturday, October 29, 2-4pm

Join us for our Halloween Festival and make sure your little ones wear

their costumes since we'll be giving out prizes! Our team members are

even getting in on the action and are carving pumpkins for you to vote on.

We'll have storewide trivia announcements, samples for you to try and

so much more! Don't miss out on the ultimate Halloween Party!

THE BERGEN PHILHARMONIC ORCHESTRA'S 76TH SEASON OPENING CONCERT

Teaneck - Bergen Philharmonic at Ben Franklin Middle School - Saturday, October 29, 8 pm

Ballet Suite #2 - after Gluck
Violin Concerto - Brahms
Snow Maiden Suite - Rimsky-Korsakov
Cello Concerto - Lalo

RAMSEY FARMERS' MARKET

Ramsey - Farmer's Market at the Ramsey Train Station - Sunday, October 30, 9am-2pm

The Ramsey Farmers' Market runs weekly on Sundays 10 - 2 p.m. through November 20,

rain or shine. Find us at the Ramsey Main Street Train Station parking lot.

AND OF COURSE, THE GRANDDADDY OF ALL HALLOWEEN PARADES....
JUST A SHORT DRIVE FROM NORTH JERSEY .....

NEW YORK CITY'S 39TH ANNUAL VILLAGE HALLOWEEN PARADE

NYC: 6th Avenue from Spring Street to 16th Street - Monday, October 31, 7:00pm - 10:30pm

"All Those in Costume are Welcome to Join Hundreds of Puppets, 53 Bands of Different Types of Music, Dancers and Artists, and Thousands of other New Yorkers in Costumes of their Own Creation in the Nation’s Most Wildly Creative Public Participatory Event in the Greatest City in the World! "

Note: if you can't make it, you can watch it on WPIX Channel 11!

Now's The Time To Buy!

2011-10-26T08:31:00.000-07:00

Attention Renters! What are you waiting for?

Not only are mortgage rates near historic lows, but do you know that renters now spend 5% more of their household budgets on housing costs than homeowners do? According to the October 2011 CoreLogic U.S. Housing and Mortgage Trends, renters are spending 38.4% of their household budget on housing costs, while owners are spending 33.2%. And the difference is growing as rents rise.

Now's the time to buy!

Renters Outspend Owners on Housing | RealEstateEconomyWatch.com

Need Help with a Mortgage or Refi?

2011-10-25T11:27:00.000-07:00

Love this flyer!

If you need help with a mortgage or refi, I recommend you give Shane a call. What the flyer says is true -- you can expect top-notch servce, competitive rates and "a mortgage experience that will leave you smiling!"

Getting Your House Ready to Sell - The "Furniture Store" Test

2011-10-24T14:14:00.000-07:00

Sometimes homeowners ask me to walk through their house with them before listing it, for advice on getting ready to sell. Obvious answers are de-clutter and clean, clean and then clean some more, because you want your house to sparkle. If there are worn carpets, I might suggest they take them up, especially if there is hardwood flooring underneath. And in many cases, I suggest painting -- a coat of paint goes a long way in readying a house for sale.

The picture that I try to put in their minds is that of a furniture store. Think about it -- when you shop for furniture there are pictures and knick-knacks around, but they are not personal. A house shows best when it is "anonymous" -- free of any personal items. As a seller you want potential buyers to picture their belongings in the house, so clear yours out. That doesn't mean empty it -- there can still be pictures on the walls and knick-knacks on the tables. But family photos, diplomas, trophies, mementoes and other personal belongings should be boxed up and removed. Think of it this way ... you eventually have to pack up all that personal stuff anyway, so you might as well do it sooner rather than later!

Photos courtesy raymourflanigan.com

Mortgage Rates Mostly Held Steady Last Week

2011-10-23T08:11:00.000-07:00

The National Association of Realtors reported on Friday that mortgage rates remained pretty much unchanged last week, continuing to hover near 60-year lows.

According to the report, here's where rates were for the week ending October 20:

30-year fixed-rate mortgages: averaged 4.11 percent, with an average 0.8 point, dropping only slightly from last week’s 4.12 average. A year ago, 30-year fixed-rate mortgages averaged 4.21 percent.

15-year fixed-rate mortgages: averaged 3.38 percent, with an average 0.8 point, rising from last week’s 3.37 percent. Last year at this time, the 15-year fixed-rate averaged 3.64 percent.

5-year adjustable-rate mortgages: averaged 3.01 percent for the week, with an average 0.6 point down, down from last week’s 3.06 percent average. Last year at this time, the 5-year ARM averaged 3.45 percent.

1-year ARMs: averaged 2.94 percent for the week, with an average 0.6 point, compared to last week’s 2.90 percent average. A year ago at this time, 1-year ARMs averaged 3.30 percent.
Source: Freddie Mac

Bergen County Computer/Electronics Recycling, Tire Collection and Paper Shredding - Nov 5

2011-10-22T05:32:00.000-07:00

On Saturday, November 5 the Bergen County Utilities Authority will host several recycling events at Campgaw Mountain Reservation in Mahwah, from 9 am - 2 pm. These events are open to Bergen County residents (not commercial entities) and proof of residency is required.

Computer and Electronics Recycling
Including monitors, Computer Processing Units (CPUs), laptop computers, printers, keyboards, fax machines, har drives, modems, speakers, power sources and wiring.
Mobile Paper Shredding
Confidential/personal documents shreddedd on site. Limit 4 bags/boxes weiging less than 10 pounds each.
Tire Recycling Collection
Limit 4 tires per person per delivery. Tires with or without rims accepted.

For more information: http://www.bcua.org/.

The reservation is located at 200 Campgaw Road, Mahwah.

Open Houses Sunday, October 23, 1-4 PM

2011-10-22T05:13:00.000-07:00

YOUR ENTRY TO WYCKOFF!
GREAT COMMUNITY, EASY NYC COMMUTE!

260 Wyckoff Avenue, Wyckoff

3BR, 2BA Cape Cod offered at $467,700

Hosted by Nancy and David Larsen

_________________________________________
_________________________________________

CALLING ALL GOLFERS!

RAMSEY GOLF & CC LOCATION!

103 Sherwood Drive, Ramsey

3BR, 2BA Colonial offered at $495,000

Hosted by Christine Bremer

__________________________________________

DECIVINGLY LARGE!

PERFECT FOR AU PAIR OR EXTENDED FAMILY!

48 Deer Trail, Ramsey

4BR, 3BA "Nantucket" Colonial offered at $749,00

Hosted by Sally Ponchak and Kathy Fernandes

Friday's Featured Home - 260 Wyckoff Avenue, Wyckoff

2011-10-21T05:06:00.000-07:00

This home is a great entry to Wyckoff for someone who wants to live in the North Jersey area. Who do you know that fits that bill? Send them this clip, so they can see the charm and potential of this home!

Find out more about this home HERE

This Weekend in North Jersey - Craft Fairs, The Music of Ray Charles, and a Pumpkin Festival

2011-10-20T07:27:00.000-07:00

Looking for things to do this weekend in North Jersey?

If you're a Ray Charles fan, check out "Forever Ray: The Music of Ray Charles" at the Sharp Theater in Mahwah Saturday night, 8 pm.

From country to blues to jazz to R&B and even funk, Ray Charles set the aesthetic standard for more than five decades. Forever Ray pays tribute to his music with songs such as 'Hit the Road Jack,' and 'Georgia on My Mind.' Whitley and the Hard Times Band features a stellar line-up of musicians including one of the original “Raelettes” singers.

Tickets start at $18, with a 5% discount for Seniors, WBGO Radio, New Jersey Jazz Society and WFUV Radio members. $15 for children under 17. The Sharp Theater is located on the campus of Ramapo College, Route 202, Mahwah. For more info, visit http://www.ramapo.edu/berriecenter/events/october.html.

Here are some local craft fairs that you might want to check out on Sunday:

Teaneck Creek Conservancy Craft Fair

Teaneck Creek Conservancy - Teaneck, NJ

Wayne Valley Fall Craft Show

Wayne Valley High School - Wayne, NJ

Fair Lawn Street Fair & Craft Show

Downtown - Fair Lawn, NJ

Web Site: http://StreetFairs.org/craftfairs

More info at: http://festivalnet.com/state/new_jersey/nj.html

Or take the family to a Pumpkin Festival! Hayrides, corn maze, farm animals, duck races, boo barn, hay maze and, of course, pumpkins. At Heaven Hill Farm, 451 Route 94, Vernon. More info at http://www.heavenhillfarm.com/halloween.

This Month in Real Estate - October 2011

2011-10-19T04:29:00.000-07:00

Why You Need a Local Mortgage Banker

2011-10-18T06:01:00.000-07:00

This article posted on the Atlantic Home Loans blog makes a lot of sense. I work with two excellent Mortgage Consultants from Atlantic Home Loans, Shane Force and Jim McKenna. I highly recommend them if you are buying a home or refinancing your loan.

Keep It Local
Posted on September 21, 2011
There’s no question that the Internet has simplified our lives, but financing a home is far different than logging into Amazon and purchasing a book. Buying and financing a home involves many parties working together to navigate through a process that is very labor intensive, time sensitive, and fraught with obstacles that can kill a transaction. When a problem arises it helps to have professionals who have a working relationship to get the job done. Buying a home involves, two buyers, two sellers, two Realtors, one and maybe two lawyers, an appraisal management company, an appraiser, home inspector, insurance agent, and a loan officer. And that’s a typical transaction. It could also involve a pest inspector, building inspector, contractor, estate lawyer, well you get the idea. Getting all of these parties to work together on a tight schedule requires a lot of local knowledge and constant communication between parties. Even what might seem to be a slam dunk can run into major obtacles. The most common issues involve problems with the appraisal, clear title to the property, or difficulties with documenting financial information. While a loan officer cannot influence an appraiser’s opinion, we can certainly appeal a value if we believe the appraiser didn’t use the best historical sales data for the property, or give proper credit if the home is in a better neighborhood, or is in impeccable condition. Only a loan officer with in-depth, local knowledge has the expertise to make this argument. From time to time, I need to request an extension to the closing, or mortgage approval date due to an unforeseen delay in the process. It is extremely helpful if I’ve worked with the listing realtor, who is the person that is going to advise the seller whether or not they should grant the extension. The realtor will have the confidence to tell their client that the buyer is in the hands of a reputable loan officer who can get the deal done. I can go on and on with examples of how a loan officer’s local knowledge, and hands on experience carried the day. The internet is a very useful tool to learn about home loans, but when it comes time to employ a mortgage banker, you’ll be much better served working with a loan officer who lives right in your neighborhood.

Top 10 Tips When Selling a Home

2011-10-17T20:02:00.001-07:00

Selling a home in a down economy can be a painstaking decision. Use the following 10 tips when selling a home to get the most out of your investment.

Home Selling Tip #1: Hire a reputable real estate agent.

Selling a home can be stressful, and you want a reliable real estate agent you can trust to take some of the burden of selling a home off your hands.

Home Selling Tip #2: Give your home curb appeal.

When selling a home, you need to keep your home looking its best. If a buyer is turned off by what your home looks like from the street, you will never get him or her inside to look around. Clean up your lawn, patch brown spots in the grass, clear sidewalks, and keep leaves and other debris picked up. Potential home buyers also notice things like chipped paint and dirty siding, so pressure-wash your home and repaint before putting it on the market if needed. Do whatever you need to do to show buyers that you're serious about your home's maintenance. Finally, let color help you when selling a home. Yellow evokes the emotion of buying, so plant yellow flowers near the entrance.

Home Selling Tip #3: Make minor repairs to your home.

Don't give potential home buyers an opportunity to start nitpicking at the value of your home by leaving minor repairs unfixed. Replace cracked floor or counter tiles. Patch holes in walls. Fix leaky faucets. Fix doors that don't close properly and kitchen drawers that jam. Consider painting your walls neutral colors, especially if you have grown accustomed to purple or pink walls. Replace burned-out light bulbs.

Home Selling Tip #4: Stage your home.

Once you have a potential home buyer inside, it's important that your home has been spruced up and has been staged for the market. Think of your home as a product for sale, and imagine walking through it from the buyer's perspective. Depersonalize it by packing up family heirlooms and photos. You want buyers to imagine themselves living in the home and they won't do that if they can't see past your stuff. Rent a storage unit and clear out the junk. De-clutter. Remove unused pieces of furniture and window coverings and light fixtures you are going to take with you. Each room should be left with just enough furniture to showcase it as the perfect room for its purpose. Remove books, knickknacks, and anything that seems deeply personal. Clear out closets and neatly arrange your dishes in the kitchen cupboards.

Home Selling Tip #5: Clean your home!

Wash windows inside and out. Clean out cobwebs from corners, ceiling fan blades and light fixtures. Re-caulk tubs, showers and sinks. Polish chrome faucets and mirrors. Clean out the refrigerator. Vacuum daily. Wax floors. Dust furniture with an oil-based furniture polish that leaves a ôcleanö scent behind. Bleach dingy grout. Remove or replace worn rugs. Hang up fresh towels in the bathroom. Eliminate any musty odors.

Home Selling Tip #6: Price your home right.

Of all of the 10 tips for selling a home, this one is the most important. You need to price your home competitively, perhaps slightly lower than comparable homes in your neighborhood. Unfortunately, many sellers choose the real estate agent who suggests the highest listing price, but this can come back to haunt you. Pricing your home to sell involves looking at similar properties, making adjustments for the differences between them, tracking market movements and considering present inventory to arrive at a realistic value for the price of your home. Setting your listing price just right could lead to a bidding war, resulting in a higher sales price for you. Work with your listing agent to price your home correctly.

Home Selling Tip #7: Capture initial excitement.

Don't put your home on the market before your home and you are completely ready. Make sure you have taken all of the steps above before placing your home on the market. When selling a home, you need to get the most out of the initial excitement that a new home listing creates in potential home buyers. Home buyers will feel like they have discovered a great find if they snatch up a home just as it comes on the market. Once it's been listed for a few weeks, however, home buyers will conclude that it's not such a great value. Therefore, when selling a home, make sure you've done everything you can to make your home attractive to potential home buyers.

Home Selling Tip #8: Don't get in over your head.

Put your home on the market well in advance of looking for a new home. Don't place an offer on your next home until you have solid offers on the one you have to sell now. The last thing you want to do is juggle two mortgage payments.

Home Selling Tip #9: Only divulge information on a need-to-know basis.

Don't do anything to create a perception that you will lower your potential selling price. For example, if you are moving due to job relocation, don't offer up that information. Don't let the potential home buyers think there is any urgency on your part in selling the home. If you are asked why you're selling, simply say that you're ready to trade up. You have a legal obligation to disclose information about the condition of the home and property, but you are not obligated to disclose your personal situation.

Home Selling Tip #10: Be flexible.

Be willing to work with potential home buyers to help your chances of making a quick sale. Offer to pay for closing costs or repairs, and be adaptable when it comes to showing your home and holding open houses. If you really need to sell, you need to accommodate buyers' busy schedules. This might mean opening your home to strangers on weeknights and weekends.

Using these 10 tips when selling a home can help you sell your home fast and for a good price. Do you have any additional home selling tips you'd like to share? Please comment and let's make this top 10 list even stronger.

Find out your home's value