Keith LaBrunda - RE/MAX Select, Author at Countryside Homes NJ

What is a Conventional Mortgage?

Advice, Buyer, Mortgage, Real Estate / By Keith LaBrunda - RE/MAX Select

Welcome to Countryside Homes NJ and , your trusted partners in navigating the real estate landscape of New Jersey. One of the most common questions we encounter from our clients is, “What is a conventional mortgage?” We understand that the home buying process can be overwhelming, especially when it comes to financing. That’s why we’ve put together this guide to help you understand conventional mortgages and how they work. What is a Conventional Mortgage? A conventional mortgage is a type of home loan that is not guaranteed or insured by the federal government. Instead, it is backed by private lenders, […]

What is a Conventional Mortgage? Read More »

Understanding a VA Home Loan

Advice, Buyer, Mortgage, Real Estate / By Keith LaBrunda - RE/MAX Select

At Countryside Homes NJ and , we believe in empowering our clients with knowledge to make informed decisions. One of the unique mortgage options available to certain homebuyers is the U.S. Department of Veterans Affairs VA Home Loan. Here’s a comprehensive guide to understanding a VA home loan: What is a VA Home Loan? A VA Home Loan is a mortgage available to veterans, active-duty service members, and select military spouses. It’s backed by the U.S. Department of Veterans Affairs and offers several advantages over traditional mortgages. Key Benefits of VA Mortgages: No Down Payment: One of the most significant

Understanding a VA Home Loan Read More »

Understanding an FHA Mortgage

Advice, Buyer, Mortgage, Real Estate / By Keith LaBrunda - RE/MAX Select

Purchasing a home is a significant milestone in anyone’s life, and at Countryside Homes NJ and , we’re here to guide you every step of the way. One of the most popular mortgage options for first-time homebuyers is the Federal Housing Administration (FHA) mortgage. Let’s delve into understanding an FHA mortgage, how it works, and how it can benefit you. What is an FHA Mortgage? An FHA mortgage is a government-backed home loan insured by the Federal Housing Administration. Established in 1934, the FHA aims to help Americans achieve the dream of homeownership by offering more lenient lending standards than traditional

Understanding an FHA Mortgage Read More »

How a Home Equity Conversion Mortgage (HECM) for Purchase Can Benefit Seniors

Advice, Buyer, Mortgage, Real Estate, Seller, Senior Housing / By Keith LaBrunda - RE/MAX Select

At Countryside Homes NJ and , we understand that every homeowner’s journey is unique, especially as they venture into the golden years. That’s why we offer personalized real estate solutions to meet the diverse needs of our senior clientele. One such solution is the Home Equity Conversion Mortgage (HECM) for Purchase program, which can open doors to a new home while simultaneously providing financial flexibility. Here’s how a Home Equity Conversion Mortgage (HECM) for Purchase can benefit seniors eyeing a new residence: Rightsize with Ease: A HECM for Purchase allows seniors to buy a new principal residence using the proceeds

How a Home Equity Conversion Mortgage (HECM) for Purchase Can Benefit Seniors Read More »

Buying a Multi-Generational Home Improves Affordability

Advice, Buyer, Real Estate / By Keith LaBrunda - RE/MAX Select

In today’s era of soaring housing expenses, a growing number of prospective homebuyers are seeking innovative solutions to make homeownership a reality. One such solution gaining popularity is multi-generational living. Multi-generational living entails two or more adult generations cohabiting under one roof, including siblings, parents, or even grandparents. This article delves into why an increasing number of buyers are gravitating towards this housing option today and explores whether it might suit your needs. Advantages of Purchasing a Multi-Generational Home A recent study conducted by the National Association of Realtors (NAR) highlights the top two reasons behind the surge in multi-generational

Buying a Multi-Generational Home Improves Affordability Read More »

Are High Mortgage Rates the New Norm?

Advice, Buyer, Market Trends, Mortgage Rates, Real Estate / By Keith LaBrunda - RE/MAX Select

Over the past few years, mortgage rates have been steadily climbing, attracting significant attention from the media. Those who have been keeping tabs on the headlines may have noticed that rates have recently reached their highest point in over two decades, as illustrated in the graph below. For those contemplating a significant move, this uptick in rates might feel like an unexpected setback. If you’re deliberating whether to postpone your plans or forge ahead, here’s the essential information you need. Understanding the Impact of Elevated Mortgage Rates There’s no denying that mortgage rates are currently higher than they have been

Are High Mortgage Rates the New Norm? Read More »

Homeownership Grows Your Net Worth

Advice, Buyer, Real Estate / By Keith LaBrunda - RE/MAX Select

Consider for a moment where you envision yourself in the coming years. Perhaps you’re pondering your career, financial aspirations, seeking stability, or imminent objectives. Does owning a house fit into this picture? If so, it’s essential to recognize the myriad financial advantages of owning a home, and how homeownership grows your net worth. A compelling reason to purchase a house is its potential to enhance wealth and ensure financial security. This is attributed to the fact that the majority of homes appreciate in value, subsequently boosting your overall assets. Currently, home values are on an upward trajectory. As Zillow states:

Homeownership Grows Your Net Worth Read More »

Recognizing the Advantages of Owning Your Home

Advice, Buyer, Real Estate / By Keith LaBrunda - RE/MAX Select

Considering a home purchase for the first time? Recognizing the advantages of owning your home and understanding the reasons others have taken this step can be enlightening. A PulteGroup survey of first-time homebuyers revealed: “When asked why they purchased their first home recently, the answer was simple: because they wanted to. Either the desire to stop renting or recognition that homeownership is a smart financial investment was the main motivator for 72% of respondents.” Owning a Home Offers Greater Stability than Renting The escalating rent might motivate you to seek stability. As a tenant, there’s always the looming possibility of

Recognizing the Advantages of Owning Your Home Read More »

Must Have Skills for Your Listing Agent

Advice, Real Estate, Seller / By Keith LaBrunda - RE/MAX Select

Deciding to sell your home is monumental, evoking a mix of thrill and apprehension. The cornerstone to a triumphant sale lies in partnering with an adept listing agent who stands by you at every juncture. Commonly referred to as a seller’s agent, this professional is instrumental in promoting and finalizing the sale of your home, championing your interests throughout. So, how can you ascertain that an agent is the right fit for you? Here are three must have skills for your listing agent to have: Data-Driven Pricing Insight While it might be alluring to go with an agent who quotes

Must Have Skills for Your Listing Agent Read More »

2023 Year-End Home Price Forecasts

Market Trends, Real Estate / By Keith LaBrunda - RE/MAX Select

Considering a property purchase? The rumors of plummeting home prices this year might have caused some hesitation. However, the facts and specialists’ insights should bring clarity. Contrary to beliefs, home prices are not plummeting and are set to end the year on a high note. Despite the buzz about potential price reductions of 5, 10, or even 20% this year, such a scenario hasn’t materialized. The primary reason is the limited availability of homes on the market. The demand from buyers exceeds the supply, preventing any significant price drop. To validate that 2023 wasn’t a disappointing year for property prices,

2023 Year-End Home Price Forecasts Read More »

Author name: Keith LaBrunda - RE/MAX Select

What is a Conventional Mortgage?

Understanding a VA Home Loan

Understanding an FHA Mortgage

How a Home Equity Conversion Mortgage (HECM) for Purchase Can Benefit Seniors

Buying a Multi-Generational Home Improves Affordability

Are High Mortgage Rates the New Norm?

Homeownership Grows Your Net Worth

Recognizing the Advantages of Owning Your Home

Must Have Skills for Your Listing Agent

2023 Year-End Home Price Forecasts

PLANT YOUR ROOTS AND GROW YOUR DREAMS
WITH THE COUNTRYSIDE TEAM

Author name: Keith LaBrunda - RE/MAX Select

PLANT YOUR ROOTS AND GROW YOUR DREAMSWITH THE COUNTRYSIDE TEAM

PLANT YOUR ROOTS AND GROW YOUR DREAMS
WITH THE COUNTRYSIDE TEAM