Did you know this about rentals?

Did you know this about rentals?

Past student Agent A calls me the other day and asked me about any new changes about renters security deposits. A tenant can pay no more than month and half security. So if the rent is $1000.00 per month no more than $1500.00 (it can be less) to be deposited in a...
Congratulations!  September 2022

Congratulations! September 2022

Well now, that was fun!  Sort of like the El Toro roller coaster at Great Adventure.  We had our ups and downs, and even derailed every now and then, but you all finished the ride relatively unscathed. I’m always amazed how a group of people with such diverse...
Showing property

Showing property

Dear agents of all ages, shapes and sizes don’t ever be a “Silky”. Some of you look up to me as someone who knows all and sees all. The soothsayer of sales, the poo-ba of properties and my favorite the forecaster of fee simple absolutes. This is furthest from reality....
Written Offers

Written Offers

Okay, it’s very simple. You don’t have to think about this one. Always follow NJREC laws and rules. Anything written and signed ALL PARTIES GET A COPY and MUST BE PRESENTED no exceptions. This is a crucial NJREC regulation. For example, Listing Agent A submits an...
Real Estate Dictionary

Real Estate Dictionary

Adjustable-Rate Mortgage: A less predictable loan than the traditional fixed-rate mortgage, the adjustable-rate mortgage (ARM) is subject to change based on the interest-rate index it’s tied to. This can result in either lower or higher interest during the life of the...