Archive for November 2011

Open House Ocean County, November 26 & 27, 2011

Open House in Ocean County with photos and maps for Saturday and Sunday November 26 & 27, 2011 in Barnegat, Bayville, Brick, Jackson, Forked River, Lanoka Harbor, Waretown, Stafford Twp, Toms River, Beachwood, Point Pleasant, and Whiting.(These are the only scheduled Open Houses in Ocean County for this Saturday)

Below is the complete list of Open Houses in Ocean County for Saturday, Nov 26, 2011 Click on each link below to access photos and maps for each property.

Details: 453  EAST AVE, BAY HEAD, NJ – $6,200,000
Details: 553  PRINCETON AVE, BRICK, NJ – $539,000
Details: 124  SIDDONS CT, ISLAND HEIGHTS, NJ – $899,900
Details: 18  CAPTAINS DR, TOMS RIVER, NJ – $849,999

Below is the complete list of Open Houses in Ocean County for Sunday, Nov 27, 2011 Click on each link below to access photos and maps for each property.

Details: 10  CEDARCREST DR, BAYVILLE, NJ – $309,900
Details: 371  ARLINGTON AVE, BAYVILLE, NJ – $395,000
Details: 38  COMMODORE DR, BRICK, NJ – $649,000
Details: 9  TOLEDO DR, BRICK, NJ – $874,900
Details: 124  SIDDONS CT, ISLAND HEIGHTS, NJ – $899,900
Details: 327  MACKENZIE DR, JACKSON, NJ – $374,000
Details: 1517  LAWRENCE AVE, TOMS RIVER, NJ – $230,000
Details: 235  PEARCE AVE, POINT PLEASANT, NJ – $279,000
Details: 309  BARCELONA DR, TOMS RIVER, NJ – $299,899

Most Open Houses will take place between 12:00 PM and 3:00 PM, so use the maps provided in the links to plan your day…or call me and I’d be happy to set up an exclusive “tour of homes” at your convenience.

Get a positive, helpful consultant for buying or selling a home:

For a professional, informed consultation, call or email me at your convenience: Karl Hess, Ocean County Real Estate, Keller Williams Ocean County

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Pre-Approval for your Home Loan in Ocean County

Pre-approval is one of the most important steps in the home buying process. You should apply for a loan and receive approval from a lender before searching for a home.

Here are some reasons why being approved at the beginning of the home buying process is so important:

1. Pre-approval for a home loan will determine your price range. Based on your down payment and that pre-approved mortgage amount, you’ll know what you can afford before you start looking. This saves you time and allows you to focus on houses that you can actually purchase.

2. Pre-approval strengthens your offer and negotiating position. Home sellers tend to accept an offer from a buyer who is pre-approved for a home loan over someone whose financial picture is still in question.

3. Pre-approval often cuts days or even weeks when you close. The lender has already analyzed your credit and approved you for a mortgage.

What is the difference between being pre-approved and pre-qualified?

There is actually a big difference between buyers who are ôpre-qualifiedö and those who are pre-approved. Lenders pre-qualify buyers and determine how much they can borrow based only on information the buyer has provided. The buyer still must fill out a loan application and go through the lender’s approval process. If you are pre-approved, lenders have already done a credit check and verified employment and deposit. Pre-approval is a commitment to lend you a predetermined amount. The only piece missing is the lender’s appraisal of the home to confirm its value.

How long should a pre-approval for home loan take?

If you are dealing with an experienced mortgage representative who uses an automated approval system, it should only take a few minutes to get a pre-approval. However, if your lender is not using the most up-to-date automated systems, pre-approval for a home loan could take a few days. The automated system takes all of your income, debt and asset information and enters it into their computer. The pre-approval process is usually pretty fast as long as the loan officer is certified to use the DU underwriting system (automated underwriting). The final loan approval comes once you have an actual property and then the lender re-verifies all of the property, income, debt and asset information.

What happens if I change jobs after getting pre-approval for a home loan? Do I have to go through the process again?

Unfortunately, the answer is usually yes. Your pre-approval is good as long as none of the information provided to the lender changes. You will need to notify the company that pre-approved you that your employment status has changed. They will have to enter your new income data. The good news is that if you took a new job that pays more, you might be able to afford a larger house.

What happens if I decide to work for myself after getting pre-approval for a home loan?

There will be complications when going from W-2 employee to 1099 or Schedule C income. You will probably need a two-year history of self-employment to qualify with that income. In this instance, you might want to ask your lender about undocumented home loans.

Information provided by Keller Williams Realty, Market Leader and Realty101.

Karl Hess, Your Jersey Shore Real Estate Expert

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Open House Toms River November 20, 2011

Open House in Toms River with photos and maps for Sunday Nov 20, 2011. Toms River Open House information including school reports, neighborhood data and Toms River Market Trends.

Here is the list of Open Houses in Toms River on November 20, 2011 with easy to access maps and numerous photos. These homes are located in East Dover, North Dover, Georgetown, Shelter Cove, Ortley Beach, Money Island, Green Island, Silverton, Snug Harbor, and throughout Toms River Twp.

Plan Your Day with Toms River Open House Maps: The link to the left provides Toms River Open House Maps for open houses in Toms River with property and location information or click on the address’s below.

Details: 214  LESTER RD, TOMS RIVER, NJ – $245,000
Details: 662  MONTANA DR, TOMS RIVER, NJ – $250,000
Details: 1433  DELAWARE AVE, TOMS RIVER, NJ – $258,000
Details: 79  KETTLE CREEK RD, TOMS RIVER, NJ – $319,900
Details: 79  HOLLY TREE LN, TOMS RIVER, NJ – $364,900
Details: 1049  INDIAN HILL RD, TOMS RIVER, NJ – $399,999
Details: 1927  VERMONT AVE, TOMS RIVER, NJ – $489,000
Details: 201 S LAGOON RD, LAVALLETTE, NJ – $829,900
Details: 18  CAPTAINS DR, TOMS RIVER, NJ – $849,999
Details: 181  DAYNA COURT, TOMS RIVER, NJ – $850,000

Most Open Houses will take place between 12:00 PM and 3:00 PM, so use the maps provided in the links to plan your day…or call me and I’d be happy to set up an exclusive “tour of homes” at your convenience.

For complete updated information on Ocean County Open Houses and real estate tips go to www.OpenHouseOceanCounty.com

Get a positive, helpful consultant for buying or selling a home:

For a professional, informed consultation, call or email me at your convenience: Karl Hess, Ocean County Real Estate, Keller Williams Ocean County

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Open House Point Pleasant November 20, 2011

Open House in Point Pleasant and Point Pleasant Beach with photos and maps for November 20, 2011. Point Pleasant Open House information including school reports, neighborhood data and Point Pleasant housing market trends.

Here is the list of Open Houses in Point Pleasant on Nov 20, 2011 with easy to access maps and numerous photos.

Plan Your Day with Point Pleasant Open House Maps: The link to the left provides an interactive map for all open houses in Point Pleasant Beach and Point Pleasant Boro or click on the address’ below.

Details: 605  ATLANTIC AVE, POINT PLEASANT BEACH, NJ – $430,000
Details: 414  BROADWAY, POINT PLEASANT BEACH, NJ – $639,000
Details: 104  SANBORN AVE, POINT PLEASANT BEACH, NJ – $949,999
Details: 1138  HOLLYWOOD BLVD, POINT PLEASANT, NJ – $219,000
Details: 2714  SHADY GLEN AVE, POINT PLEASANT, NJ – $269,900
Details: 1210  COMANCHE AVE, POINT PLEASANT, NJ – $315,000
Details: 1405  TREENEEDLE RD, POINT PLEASANT, NJ – $319,000

Most Open Houses will take place between 12:00 PM and 3:00 PM, so use the maps provided in the links to plan your day…or call me and I’d be happy to set up an exclusive “tour of homes” at your convenience.

Get a positive, helpful consultant for buying or selling a home:

For a professional, informed consultation, call or email me at your convenience: Karl Hess, Ocean County Real Estate, Keller Williams Ocean County

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Open House Lacey Twp November 20, 2011

Open House in Lacey Twp, including Lanoka Harbor and Forked River with photos and maps for Nov 20, 2011. Lacey Twp Open House information with school reports, neighborhood data with Lacey Twp Housing Market Trends.

Click here for the list of all Open Houses in Lacey Twp on November 20, 2011 with easy to access maps and numerous photos, including Lanoka Harbor, Forked River, Bamber, Sunrise Beach and the surrounding area.

Plan your day with Lacey Twp Open House Maps: The link to the left will give you an interactive map for all open houses in Lacey Township or click on the address’ below.

Details: 416  CHESTNUT DR, LANOKA HARBOR, NJ – $224,900
Details: 305  PREDMORE AVE, LANOKA HARBOR, NJ – $254,900
Details: 706  AMHERST RD, LANOKA HARBOR, NJ – $335,000

Most Open Houses will take place between 12:00 PM and 3:00 PM, so use the maps provided in the links to plan your day…or call me and I’d be happy to set up an exclusive “tour of homes” at your convenience.

Get a positive, helpful consultant for buying or selling a home:

For a professional, informed consultation, call or email me at your convenience: Karl Hess, Ocean County Real Estate, Keller Williams Ocean County

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Open House Jackson Twp, November 20, 2011

Open House in Jackson, NJ with photos and maps for Sunday Nov 20, 2011. Open House information including school reports, neighborhood data and Jackson Housing Market Trends.

Click here for the list of Open Houses in Jackon November 20, 2011 with easy to access maps and numerous photos. These homes are located in Bennetts Mills, Cassville, Francis Mills, Jackson Mills, North Jackson, Woodmere, and throughout Jackson Township.

Plan your day: Jackson Open House Maps: The link to the left provides Maps for all open houses in Jackson with property and location information or click on an address below.

Details: 8  DUNBARTON RD, JACKSON, NJ – $259,900
Details: 29  MONTANA DR, JACKSON, NJ – $268,500
Details: 7  LEHIGH BLVD, JACKSON, NJ – $269,900
Details: 169  PERRINEVILLE RD, JACKSON, NJ – $319,000

Most Open Houses will take place between 12:00 PM and 3:00 PM, so use the maps provided in the links to plan your day…or call me and I’d be happy to set up an exclusive “tour of homes” at your convenience.

For complete updated information on Ocean County Open Houses and real estate tips go to www.OpenHouseOceanCounty.com

Get a positive, helpful consultant for buying or selling a home in Jackson:

For a professional, informed consultation, call or email me at your convenience: Karl Hess, Ocean County Real Estate, Keller Williams Ocean County

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Open House Brick Twp, November 20, 2011

Open House in Brick Township with photos and maps for Sunday Nov 20, 2011. Brick Township Open House information including school reports, neighborhood data and Brick Twp Housing Market Trends.

Here is the list of Open Houses in Brick Township on November 20 with numerous photos and maps. These homes are located in Baywood, Osbornville, Herbertsville, Cedarwood, Sandy Point, Midstreams, Lake Riviera, Metedeconk, South Hampton, Mantoloking, etc.

Plan Your Day with Brick Twp Open House Maps: The link to the left will provide you with photos and an interactive map for open houses in Brick Township or click on the address’s below.

Details: 46  VAN NESS DR, BRICK, NJ – $165,000
Details: 409  DRUM POINT RD, BRICK, NJ – $204,500
Details: 729  SATEROJA RD, BRICK, NJ – $259,000
Details: 548  AZALEA DR, BRICK, NJ – $269,900
Details: 682  MILLBROOK RD, BRICK, NJ – $295,000
Details: 89  NOTTINGHAM DR, BRICK, NJ – $299,900
Details: 734  BLUFF VIEW DR, BRICK, NJ – $315,000
Details: 239  SPRUCEWOOD DR, BRICK, NJ – $319,900
Details: 160  LINDBERGH DR, BRICK, NJ – $325,000
Details: 110  VALENCIA DR, BRICK, NJ – $359,000
Details: 1464  LEAH CT, BRICK, NJ – $400,000
Details: 89  METEDECONK RD, BRICK, NJ – $559,000
Details: 1  BAY WAY, BRICK, NJ – $599,900
Details: 475  PRINCETON AVE, BRICK, NJ – $1,569,000

Most Open Houses will take place between 12:00 PM and 3:00 PM, so use the maps provided in the links to plan your day…or call me and I’d be happy to set up an exclusive “tour of homes” at your convenience.

Get a positive, helpful consultant for buying or selling a home:

For a professional, informed consultation, call or email me at your convenience: Karl Hess, Ocean County Real Estate, Keller Williams Ocean County

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Open House Bayville November 20, 2011

Open House in Bayville with photos and maps for Sunday Nov 20, 2011. Open House information including school reports, neighborhood data and Bayville Housing Market Trends.

Click here for the list of Open Houses in Bayville on November 20, 2011 with easy to access maps and numerous photos. These homes are located in Bayville, Holiday City, Cedar Beach, Holly Park, Kesswick, Manitou Park, Pinewald, and throughout Berkeley Twp.

Plan your day: Bayville Open House Maps: The link to the left provides Bayville Open House Maps for all open houses in Berkeley with property and location information or click on each address below.

Details: 116  PHEASANT DR, BAYVILLE, NJ – $220,000
Details: 68  BRITTANY DR, BAYVILLE, NJ – $412,500

Most Open Houses will take place between 12:00 PM and 3:00 PM, so use the maps provided in the links to plan your day…or call me and I’d be happy to set up an exclusive “tour of homes” at your convenience.

Get a positive, helpful consultant for buying or selling a home in Bayville:

For a professional, informed consultation, call or email me at your convenience: Karl Hess, Ocean County Real Estate, Keller Williams Ocean County

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Open House Ocean County November 19, 2011

Open House in Ocean County with photos and maps for Saturday November 19, 2011 in Barnegat, Bayville, Brick, Jackson, Forked River, Lanoka Harbor, Waretown, Stafford Twp, Toms River, Beachwood, Point Pleasant, and Whiting. (These are the only scheduled Open Houses in Ocean County for this Saturday)

Below is the complete list of Open Houses in Ocean County for Nov 19, 2011 Click on each link below to access photos and maps for each property.

Details: 475  PRINCETON AVE, BRICK, NJ – $1,569,000
Details: 124  SIDDONS CT, ISLAND HEIGHTS, NJ – $899,900
Details: 14  JONES RD, FORKED RIVER, NJ – $229,900
Details: 444  DOVER RD, TOMS RIVER, NJ – $219,300
Details: 1729  ROUTE 35, #A, ORTLEY BEACH, NJ – $599,999
Details: 20  HOLIDAY RD, ORTLEY BEACH, NJ – $699,000
Details: 36  BASRA LN, LAVALLETTE, NJ – $775,000

Most Open Houses will take place between 12:00 PM and 3:00 PM, so use the maps provided in the links to plan your day…or call me and I’d be happy to set up an exclusive “tour of homes” at your convenience.

For complete updated information on Ocean County Open Houses and real estate tips go to www.OpenHouseOceanCounty.com

Get a positive, helpful consultant for buying or selling a home:

For a professional, informed consultation, call or email me at your convenience: Karl Hess, Ocean County Real Estate, Keller Williams Ocean County

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This Month in Real Estate Ocean County, November 2011

This Month in Real Estate is a monthly video news series, provided by Keller Williams, that offers an inside look at the national real estate market. Each edition provides a snapshot of the numbers and trends that drive the real estate market, as well as expert opinion and analysis. For information on your local real estate conditions, in your neighborhood, please contact Karl Hess or go to www.homevaluesinoceancountynj.com.

 

Ocean County NJ Housing Statistics Summaries Report
Category – SingleFamily
Statistics for Entire MLS from 10/1/2011 – 10/31/2011

 

Total Avg List Avg DOM Median Price %SP/LP
Currently Pending 702 $326,158 138 $258,000 N/A
Currently Active 4192 $441,819 154 $324,500 N/A

 

New (9/1/2011 – 9/30/2011) 738 $436,739 28 $323,950 N/A
Pending (9/1/2011 – 9/30/2011) 307 $330,299 140 $259,900 N/A

 

Sold 270 $323,798 126 $246,000 94%
CWH 0 $0 0 $0 N/A
UC 56 $373,224 169 $300,000 N/A
Expired 457 $502,039 204 $349,990 N/A

Unable to display chart

–Information deemed reliable but not guaranteed–
Information provided by the Monmouth Area MLS.
Prepared by Karl Hess of Keller Williams Realty Monmouth/Ocean on Monday, November 14, 2011 10:48 AM.

 

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