LUXURY HOMES & ESTATES

 

 

By Thomas Mayer

Tel: 201-637-7484     Fax: 866-590-5572

 

Enjoy the summer 2013 season in one of our beautiful luxury homes!  New luxury homes in Wayne, NJ available!  Also, only ONE brand new condo in Maplewood NJ remains for sale so please call Tom TODAY!

 

 

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New Condos!

See Springfield Commons, the newest condo in Maplewood, NJ!

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New Model Home Is Now Open For Viewing!

 

 

New home sold in Glen Rock, NJ!

New luxury home on way in Glen Rock, NJ!

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Another home sold in Glen Rock, NJ!

Another new luxury home sold in Glen Rock, NJ!

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Get the latest news!

 

 

JustLuxe.com

 

 RealEstateLinkExchange.com

 

 REALS - A Comprehensive Real Estate Directory

 

LinkRE.com - Real Estate Resources and Directory

 

 RealEstate4.com - Real Estate Directory for Buying, Selling or Rental a Home.

 

 

 

 

 
 

 

 

 

 

 
 

 

 
 

Do The Homework Before Buying A Home!


Buying a home is the largest single purchase that over 99 percent of all homebuyers will ever make during their lives from a financial standpoint. Taking the time to do your research before committing yourself to buying a new home can save you (and possibly your heirs) a lifetime of potential frustration and unhappiness. The basics of what you need to consider when doing your research include the following key areas:

Research Markets
Review your notes and decide where you want to conduct your home search. Use our community research checklist to help you decide on the right location. Your agent can help you review recent sales activity in the area to get some idea of what you can expect to find in your price range.

Gauge Market Conditions
Real estate markets are highly cyclical. The current status of the market can have a significant effect on your homebuying strategy. Try to develop an understanding of the state of the market, so you'll have some idea of the conditions to anticipate when shopping - and a feel for how hard you can bargain when negotiating.

What's Best - Hot or Cold Market?
Unless you're a first-time buyer, you've probably got a house to sell while you're shopping for a new home, so it's not easy to determine if a strong market is helpful or harmful. As a general rule, if you are moving up - looking for a new home significantly more costly than your old one - you may want to act during a weak market, when the savings on an expensive, new property will more than outweigh the losses on the older one. Conversely, empty nesters looking to switch to a smaller home may want to plan their move during a hot market, when they can maximize gains on the sale of a larger home.

When is the Best Time of Year to Sell?
In most markets there are two primary selling seasons - spring and fall. Spring is the strongest, since many buyers want to move in before the next school year begins. Summer and winter are generally poor selling periods. Avoid marketing your home at these times if you can. Of course, some areas have their own specific seasonality. If you are selling a home in a seaside vacation spot, for example, summer is an excellent time to be on the market.

Understand Recent Area Sales
Don't listen to anecdotes about bidding wars and homes getting snapped up in one day. There is no substitute for accurate information. Check out the actual sales prices of area homes, and try to get a feel for what is really happening in the marketplace.  One easy place to start is by asking Tom for his take on the pulse of the local marketplace (without any obligation or pressure to buy anything!).

 
 

 

 
 

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Thomas Mayer - Dedicated to helping you find your dream home

"It is my mission to be an expert source for your home buying or selling needs, and I will guide you through the entire process so that you get the most from your investment!"

Thomas Kay Mayer

 

 

 

 
   

 

 

See my listing on realtor.com, the nation's premier real estate directory with MLS!

 

 

 

See my New Jersey home listings on coldwellbanker.com!

 
   

Tri-County Chamber of Commerce Member

 
   
   
   

 
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Updated on: 08/07/2013