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Why Rent When You Can Buy

Buying a home in New Jersey is one of the most important personal and financial decisions you'll ever make. You'll need to put together a team of trusted professionals that will help you make the right decision. That's why Garden State Apartments wants you to have as many resources as possible to help you find and buy your first home. We are here to help you find professionals to answer your questions along the way. Our goals is to help you make your real estate experience both hassle-free and rewarding.

Ready to get your piece of the American Dream?  Our articles and resources explain the real estate process in plain English. See how finding and owning your dream home can be easier than you think with help!  First find out how much house can I afford?  And then ask 'is my credit good enough'?

We've teamed up with some of the largest real estate agencies in New Jersey to give you access to some of the best homes and apartments in New Jersey.  By utilizing these services, you will have access to homes you would not otherwise be able to see. 


NEW JERSEY FIRST TIME HOME BUYING RESOURCES

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Education Center: Components of Home Ownership - Credit Report Info - Nine Steps to Buying a Home - To Rent or to Buy
Home Buying Resources: Attorney - Mortgage Services - Foreclosures - Contact an Agent Now! - Recommended Reads
Home Selling Resources: ForSaleByOwner.com

New Jersey First Time Home Buying Suggestions

Figuring Out the Benefits
You should buy a home. That's what you've been hearing from friends and family, right? So, by now you have likely already weighed the benefits and decided that home ownership was the best decision for you. That's a major hurdle now passed. You are focused and certain.

Defining Search Parameters
Almost 80% of all home searches today begin on the Internet. With just a few clicks of the mouse, home buyers can search through hundreds of online listings, view virtual tours, and sort through dozens of photographs and aerial shots of neighborhoods and homes. You've probably defined your goals and have a pretty good idea of the type of home and neighborhood you want. By the time you reach your real estate agent's office, you are halfway to home ownership.

How Long Should It Take to Find What You Want?
In seller's markets, often I show only one home. After all, how many homes does one family need? A few buyers will look for years, but buyers who do that aren't motivated. A motivated buyer will find a home within two weeks. Most of my buyers find a home within two days.
Good real estate agents will listen to your wants and needs and arrange to show only those homes that fit your particular parameters. Your agent should preview homes before showing them to you as well.

How Many Homes Will You See?
Studies show that the your memory dramatically improves after consumption of carbs and slows upon consuming sugar. So, layoff the soft drinks and have a hearty meal of carbs before venturing out to tour homes. The average number of homes that I show to a buyer in one day is seven. Any more than that, and the brain is on overload. Therefore, don't expect to see 20 or 30 homes; although it's physically possible to do so, you probably will not remember specific details about any of them.

How to Rate Inventory

  • Bring a digital camera and begin each series of photos with a close-up of the house number to identify where each group of home photos start and end.
  • Take copious notes of unusual features, colors and design elements.
  • Pay attention to the home's surroundings. What is next door? Do 2-story homes tower over your single story?
  • Do you like the location? Is it near a park or a power plant?
  • Immediately after leaving, rate each home on a scale of 1 to 10, with 10 being the highest.

View Top Choices a Second Time
After touring homes for a few days, you will probably instinctively know which one or two homes you would like to buy. Ask to see them again. You will see them with different eyes and notice elements that were overlooked the first go-around.

At this point, your agent should call the listing agents to find out more about the sellers' motivation and to double-check that an offer hasn't come in, making sure these homes are still available to purchase.

Making the Selection
I'll let you in on a little secret. I generally know which home a buyer is going to choose, and I suspect most other agents operate the same way. It's an intuition. But I make it a practice not to steer buyers, and I insist that buyers choose the home without interference from me. It's not my choice to make.

Real estate agents are required, however, to point out defects and should help buyers feel confident that the home selected meets the buyer's search parameters.

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