Schneider Real Estate Agency Blog
Real Estate in New Jersey

Archive for December 2013

Number of home buyers paying with cash increasing

December 31, 2013

One of the real estate industry trends of 2013 was fairly easy to spot. Cash buyers accounted for one-third of all home sales in the past 12 months. This is about where it has been for the last three years. Surprisingly, cash home sales took a jump in November, according to RealtyTrac. Cash sales accounted […]

How your property taxes are paid

December 24, 2013

Last week, we talked about where your property taxes go. This week, we’ll talk a little about how they are paid, which for most homeowners is a line item on their mortgage statement. For most borrowers, holding property taxes in escrow is required by the lender. Some lenders who will let you do it still […]

What do property taxes pay for?

December 17, 2013

The end of the year brings holiday celebrations, New Year’s resolutions, football playoffs and bowl games, and for many, the dreaded property tax bill. If you’re like most people, you look at your property tax statement and automatically think “That’s too high.” But if you take a closer look, you’ll see that your property taxes […]

The pros and cons of buying a home during the holidays

December 10, 2013

Two weeks ago, we talked about the pros and cons of selling your home during the holiday, so this week we’ll talk about why buying your home at the same time presents challenges and opportunities. The pros The holiday season can be a good time to find a home. If you are planning to buy […]

How to get a better rate on your mortgage

December 3, 2013

When you buy a new home, you can reasonably expect that the cost of borrowing will add up to a great deal of money. Anything you can do to shave even tenths of a percent off the percentage rate can potentially save you thousands of dollars over the 30 years you’ll carry the mortgage. There […]