A lot of my customer wonder whether or not they should be buying or renting. Sometimes the answer is strictly financial, meaning that they think the Princeton home prices will decline or they do not have enough for a down payment. To help you make your decisions I found this easy to use calculator. Enjoy.- […]
Attn. Landlords: Are You Aware of the Bulk Transfer Sales Law?
This article is an excpert from the www.njlawblog.com and was written in its entirety by Barbara Strapp Nelson, Esq. Barbara is an attorney at the law firm of Stark and Stark and Barbara specializes in Real Estate law. You can click through to her site here: http://www.stark-stark.com/attorney-lawyer-1012711.html ‘Selling a home which you recently rented out […]
Hidden Costs of Renting and Owning a Home
Here is a great article Here is a great article I found on www.trulia.com written by Tara Nicholle Nelson, on the costs of renting & the costs of owning. Enjoy! – Julie Harrison, Princeton’s Rental Specialist ‘Everyone thinks that the costs of renting are limited to, well, rent! On the other hand, there is a […]
Attn. Princeton Landlords, Appeal Your Property Taxes!
Frustrated by the lack of information on how to appeal your property taxes? Confused by the recent revaluation and want to know your rights? Do you simply want to learn how to file an appeal to lower your taxes? Please be our guest at one of our two upcoming workshops on how to appeal your […]
Princeton Closed Rentals Report: 2009 v 2010
The numbers are in and they are a bit staggering…. The number of Princeton Boro & Township rentals that closed in 2010 v 2009 was up, dramatically! 2009 Closed Rentals: 143 2010 Closed Rentals: 187 44 more rentals closed in Princeton in 2010 v 2009, a 30% increase! Considering that the overall sales numbers were […]
Year to Date, Princeton Rental Transaction Report
Here is the list, by month of all the rentals in Princeton that closed YTD in 2010. It offers a view of the price that different types of rentals will go for in the Princeton market. Th list includes the # of bedroom, the # of bathrooms, and dom, days on market, how long an […]
The Basics of Fair Housing
So you are ready to become a landlord. Good! I have heard an expression, you can make money from selling real estate but you get rich by owning it. Becoming a landlord is a great way to accumulate wealth and build your financial portfolio. So lets say that you have a Princeton rental ready to […]
Attn. Investors: ‘Keep Your Eye on the Upside’
Here is an excerpt from an article buy the John Burns Real Estate Consulting. They focus mainly on supplying data for builders though I thought this article was relevant for Landlords looking to purchase investment properties in the Princeton area. Enjoy! ‘Keep Your Eye on the Upside: Though a robust recovery seems unlikely, the […]
What are a Tenant’s Responsibilities?
The more rentals I complete in Princeton the more I hear this question: What are my responsibilities as the tenant and what are the responsibilities of the landlord? The reality is that most rights and responsibilities of both the landlord and the tenant are spelled out in a lease. If you want, you can have […]
What to check when you move into a rental
Inspect the property Before you move in, make sure that the apartment has received a certificate of occupancy (C.O.) from the town housing inspector. Not all towns have laws requiring a certificate of occupancy. Call your town inspector to find out if the town has such a law. Also, check the following: Bathroom—Check the water […]