Finding the perfect property is just one way we can help you with your real estate purchase. As real estate agents, we have ongoing access to experts in every related field from lending to relocation. We are a team of “go-givers” who will put your needs and goals first. We will give you the guidance and information you need to understand the process of buying a home in New Jersey, and to make informed decisions. You can even start learning the process by watching our videos below about what to expect, every step of the way.
Our goal is to provide a stress-free real estate transaction... the process of finding the perfect home should be enjoyable and real estate is not the hard with the right agent and group working for you!
The Pollock Properties Group lives behind their core values of "Care Serve Give": we care about you and this community, we are experts who provide the best service in the real estate industry and we give back to the charity of YOUR choice, as well as the community that we serve. We will be here for you during your home purchase and for the many years to come!
When buying a home, start by making a wish list and setting a budget. We can help you choose a lender to get you pre-approved for a loan, and then you're ready to start house hunting. Search for your dream home from any device on our website. You can even compare walk scores, school ratings, and neighborhood demographics for different listings.Start Searching
1. Don’t buy if you can’t stay put. If you can’t commit to remaining in one place for at least a few years, then owning is probably not for you, at least not yet. With the transaction costs of buying and selling a home, you may end up losing money if you sell any sooner.
2. Start by shoring up your credit. Since you most likely will need to get a mortgage to buy a house, you must make sure your credit history is as clean as possible. A few months before you start house hunting, get copies of your credit report. Make sure the facts are correct, and fix any problems you discover.
3. Aim for a home you can really afford. The rule of thumb is that you can buy housing that runs about two-and-one-half times your annual salary. But you’ll do better to use one of many calculators available online to get a better handle on how your income, debts, and expenses affect what you can afford.
4. Don’t worry if you can’t put down the usual 20 percent. There are a variety of public and private lenders who, if you qualify, offer low-interest mortgages that require a down payment as small as 3 1/2 percent of the purchase price.
5. Buy in a district with desirable schools. In most areas, this advice applies even if you don’t have school-age children. Reason: When it comes time to sell, you’ll learn that strong school districts are a top priority for many home buyers, thus helping to boost property values.
6. Get professional help. Even though the Internet gives buyers unprecedented access to home listings, most new buyers (and many more experienced ones) are better off using a professional agent. Look for an exclusive buyer agent, if possible, who will have your interests at heart and can help you with strategies during the bidding process.
7. Choose carefully between points and rate. When picking a mortgage, you usually have the option of paying additional points — a portion of the interest that you pay at closing — in exchange for a lower interest rate. If you stay in the house for a long time — say five to seven years or more — it’s usually a better deal to take the points. The lower interest rate will save you more in the long run.
8. Before house hunting, get pre-approved. Getting pre-approved will you save yourself the grief of looking at houses you can’t afford and put you in a better position to make a serious offer when you do find the right house. Not to be confused with pre-qualification, which is based on a cursory review of your finances, pre-approval from a lender is based on your actual income, debt and credit history. Be sure to talk to JUSTIN!
9. Do your homework before bidding. Your opening bid should be based on the sales trend of similar homes in the neighborhood. So before making it, consider sales of similar homes in the last three months and talk to your agent about how homes are selling this very week – the market is always shifting, but the Vanessa Pollock team stays up on the latest data.
10. Hire a home inspector. Sure, your lender will require a home appraisal anyway. But that’s just the bank’s way of determining whether the house is worth the price you’ve agreed to pay. Separately, you should hire your own home inspector, preferably an engineer with experience in doing home surveys in the area where you are buying. His or her job will be to point out potential problems that could require costly repairs down the road.
When you save a search on our site, any new homes matching your wish list criteria will be delivered straight to your inbox the moment they go up for sale.
Click the icon when you find a house you love to save it in your favorites section and let us know you like it. Hit "See This Listing" or reach out to your Pollock Properties Group agent directly to schedule an in-person showing. We're happy to walk you through the home, as well as provide an area-tour and answer any questions, so you can make an informed decision!
When you find a home you love, your agent will help you submit an offer. We are some of the most skilled negotiators in the hot New Jersey real estate market, and the Pollock Properties Group agents know how to get you the best price and value possible. Once an offer has been accepted we'll help you navigate through inspections, appraisals, and closing in a stress free way. We do all of this at no cost to you, the buyer, as we are compensated by the sellers.
Then it's time to get the keys, throw a housewarming party, and make lasting memories in your new home. We're so happy that you trusted us to help you through this exciting process.