David Width Jr.

So how is the market in Little Egg Harbor and Tuckerton NJ? I believe this market does a little better the rest and stays steady because of our variety in properites to choose from here. First off, we house the least expensive waterfront in the state of New Jersey. Our variety consists of high & low end upland single family, high & low end waterfront, high and low end adult community properties, high and low end townhomes, and mobile homes & condos. We have every type of property for every person. They are still a good amount of homes on the market here in Little Egg Harbor/ Tuckerton NJ. However there have also been 274 sales in Little Egg Harbor/ Tuckerton since January 1st, 2008 through today with 25 houses waiting to close. The average list price of these homes was @ $265,000 and the average sale price of these homes was @ $249,000. However remember this is a average of every sale in this area from waterfront to upland to adult community to condo. There are homes considerably less than the average sales price and there are homes considerably more than the average sales price. I hope this little blurb about Tuckeron and Little Egg Harbor real estate gives you a bit of an idea of where we stand. Please feel free to call or e-mail me with any questions or comments.

What is a home inspection?- A home inspection is a comprehensive evaluation of the property. A complete report includes structual, mechanical, and non-mechanical elements of the home such as; exterior, foundation, walls, ceilings, floors, roof, interior, heating and air conditioning, plumbing, electrical, and termites and other wood destroying insects.

Q & A's-

Do I need a home inspector? The answer is no. BUT I WOULD ALWAYS SUGGEST USING ONE. It aids the buyer in seeing what they are or are not getting into. A home inspector with provide an honest unbiased assesment of the property. This information can be used to plan for repairs, matinence, or reveal conditions that are important when negotiating the sale.

When Should I schedule my home inspection?- Most contracts specify and provide a limited amount of time to get your inspection completed with a returned report to request repairs. Ask your Realtor or attorney to provide you with the deadlines for inspections.

How long will the home inspection take?- Every home is different in size but for the most part I would say log a good 2-3 hours just to be safe. This may seem like an inconveniece of your time but trust me it is vital when purchasing a home.

What is a title search? A title search is a detailed examination of any avaialable public records on a property to verify the seller's right to transefer ownership and to uncover any possible challenges you might face. A title search should reveal such things as unpaid taxes, unsatisfied mortgages, judgements against the seller, and restrictions limiting the use of the land. However, even the most diligent search may fail to reveal some hidden hazards, such as those mentioned above. That's why you purchase title insurance.

What is title insurance? The word title is a collective term for all your legal rights to own, use, and dispose of land. Title includes all previous ownership, uses, and transfers. To legally transfer real property, a title search must be done and, for the most part, the title must be free of any issues that might endanger your right of ownership. Title insurance protects agaisnt the possiblity of future loss should the legal rights to your property be questioned.

If you are a buyer in today's market and you have been contemplating buying, what are you waiting for! Now is a more than perfect time to purchase a home. You have so many things to your advantage, especially at this time of year. First, look at the interest rates on loans. These rates are at historic lows and believe it or not, despite what you are hearing from the media, banks are still lending money. If you're not sure whether your credit is good enough to qualify, meet with a mortgage representative and they will be able to tell you what you can qualify for. If it isn't the amount you were hoping for, they should be willing to work with you and guide you in the direction to get you where you want to be. Second, look at the abundance of homes on the market. There are so many homes available to choose from right now, and most sellers truly want to sell, or have to sell at this point. With all the homes that are for sale you should not have a problem finding something that fits your wants and needs. Thirdly, being the "slow Season" for real estate, you have alot of bargaining power at this time of year. During this off season sellers are probably seeing buyers few and far between. This should give you somewhat of an upper hand with submitting your offer. However, make sure your offer is relaistic and offer a number that fits the fair value of the home. I hope this helps for buyers that are on the fence about buying. It is a fantastic opportunity for you at this point in time.

With today's everchanging world, I would always suggest to seek the services of an attorney during a real estate transaction. If you do not have an attorney you can ask your Realtor for some suggestions, they usually work closely with many attorneys and can give you some names and locations. I can't stress the importance of using a LOCAL real estate attorney. When speaking with them you want to inquiry about things such as there price, what the price includes, what else you can expect, how often you can expect to hear from them, etc. Don't waste time hiring an attorney because they must review your contract within (3) days from the day you receive a fully executed contract, meaning both parties have signed and agreed to the terms in the contract, from your Realtor. Remember, no one knows the law better than an attorney, so it would be a good idea to hire one to work for you throughout the most important transaction you will make in your life. Below is a list of some local real etate attorneys you may want to inquire with.