AddThis

Friday, January 20, 2017

Is Now The Best Time Ever To Buy Your First Home?

If you've been thinking about buying your first home, talk of rising mortgage rates may have you worried. But, the reality is that this may be one of the best opportunities for first-time buyers in recent memory. Conditions were already good for first-timers with new, super-low down payment loans. But the FHA's announcement that they would be cutting mortgage-insurance premiums makes buying even more advantageous.

"The annual fees the Federal Housing Administration charges to guarantee mortgages it backs are being cut by a quarter of a percentage point," said Bloomberg of a statement released by the Department of Housing and Urban Development (HUD). "With the reduction, the annual cost for most borrowers will be 0.60 percent of the loan balance."
According to HUD, "The fee cut would save new FHA-insured homeowners an average of $500 this year. The cut would take effect on Jan. 27."
What other factors should you be paying attention to if you're looking to buy your first home?

Mortgage rates
Yes, rates are up from their lowest point. But the average 30-year fixed-mortgage rate right now is 4 percent, down a bit this week and waaaaaay down from decades ago when they were in the teens. You'll pay a few bucks more per month now than you would have at this time last year, but, if you're getting an FHA loan, those new mortgage interest cuts will help.

The Winning Team

More than anything, it's important to be realistic. We're not anywhere near gloom-and-doom time, despite some of the more hysterical talk out there. In fact, today's rates are still near historic lows, which make buying a home more affordable than rent in many cities.
But, if you need to find a way to lower your monthly payment on your future home, and you're not eager to search for less expensive homes, remember that your credit helps determine your mortgage-worthiness, and the better it is, the better your interest rate. If you're not being offered the best rate out there, it's time to…

Get your credit in order
Have great credit? Great! Your lender will be pleased and, presumably, you will be, too. But many of us need some help in this area, and even a small bump in your score can make a big difference not just to the rate you get but also whether you will qualify for a loan at all.
"The homebuyer's credit score is among the most important factors when it comes to qualifying for a loan these days," said Bankrate. Your lender will be able to give you tips for improving your score, which can range from checking your report for errors to paying off old delinquent accounts.
It's also important to keep in mind that what you consider to be responsible credit management may not necessarily be seen as a positive when you go to qualify for a loan. "Just because you pay everything on time every month doesn't mean your credit is stellar," they said. "The amount of credit you're using relative to your available credit limit, or your credit utilization ratio, can sink a credit score. The lower the utilization rate, the higher your score will be. Ideally, first-time homebuyers would have a lot of credit available, with less than a third of it used."

Bankrate

Low down payment loans
For many first-time buyers, the down payment is the largest barrier to homeownership. But new loans with lower down payment requirements are helping to eliminate it.
The most popular loan for first-time homebuyers continues to be through the FHA, for a number of reasons: Because this loan is government-backed and because it requires only 3.5 percent down if you meet their credit and income requirements, and a minimum of a 620 credit score.
The new Affordable Loan Solution Mortgage from Bank of America gets those down payments even lower—to three percent—and without Private Mortgage Insurance (PMI). But, there are restrictions related to income that "could rule out a lot of potential borrowers," said The Street.
"The program, a partnership between Bank of America, Freddie Mac, and non-profit Self-Help Ventures Fund, is targeted towards low - and moderate - income borrowers. To qualify, borrowers can't make more than the HUD area median income and must have a credit score of 660 or higher. As an example, for 2016, New York City-based borrowers with a household of one would need an income below $65,200 to qualify for the program."
SoFi, an online lender that started out focusing on student loan refinancing, has also gotten into the mortgage game, offering a loan that has a higher down payment at 10 percent, but without PMI.

Investigate situation-specific loans
Are you a veteran, a police officer, or a firefighter? There may be a special loan for you with conditions that can make purchasing a home easier and more affordable. There are also specific loans for those who are buying a home that has (or needs) energy-efficient features, one that can be bundled with home improvement funds, and another from the USDA that can save those who are moving to a rural area money.

"This one may surprise you," said nerdwallet. "The U.S. Department of Agriculture has a homebuyers assistance program. And no, you don't have to live on a farm. The program targets rural areas and allows 100% financing by offering lenders mortgage guarantees. There are income limitations, which vary by region."


Written by Jaymi Naciri


Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Thursday, January 19, 2017

Avalon and Stone Harbor Weekly Update January 19th, 2017


BEACH REPLENISHMENT WORK will begin soon in Avalon and Stone Harbor, with mobilization of equipment to begin in two weeks, and pumping to follow.  Work will begin in Stone Harbor at 123rd Street and is expected to take approximately four weeks to complete as sand pumping progresses northward.  After that,  work will move to Avalon’s 9th Street beach and progress southward for approximately four weeks.  The dredge “Texas” can pump about 50,000 cubic yards of sand per day if weather conditions are favorable, and the project is expected to conclude well in advance of the summer season.

THERE’S AN APP FOR THAT?  Yes!  Avalon will soon launch an app allowing beachgoers to purchase beach tags via their smartphones.  Stay tuned for more details!


A full moon hovers over Avalon’s fishing pier.  Winter is just as beautiful as summer here on the Island!

BAYFRONT DREDGING CONTINUES in Stone Harbor.  The relative quiet of the bay on winter days is punctuated by the sound of machinery, as silt is dredged from the channels and transported off site.  Earlier this week the dredge and barges were stationed off the western side of Golden Gate Drive.

AVALON COMMUNITY HALL reopened Monday after the wood floor was sanded and refinished.  A new logo and striping were added to the floor as part of the refinishing.

SLACK TIDE BREWING COMPANY is celebrating its one-year anniversary this month, having produced more than three dozen different beers since opening.  Slack Tide favorites include Five Fathom, Bell Buoy, and Angry Osprey, as well as several others.  Visit them online at www.SlackTideBrewingCo.com or visit them in person at their Clermont location the next time you’re in the area!

57 PROPERTIES ARE UNDER CONTRACT in the local market—meaning 57 families are looking forward to great seashore memories during the 2017 season!  Why not become one of them?  If you’re ready to begin your search for the perfect seashore property, call or email me today to get started!

UPCOMING EVENTS:
  • Yoga at the Cape May County Zoo, donations will go directly to the animals, reserve a spot at www.itswellyogaandpaddle.com, meet at zoo entrance at 8:45AMSaturday, January 21
  • Creative Writing Seminar, Avalon Free Public Library, register at 609-967-715510AM-NoonSaturday, January 21
  • Snacks the Healthy Way, led by Cooking Instructor Mark Kalla, snacking ideas & recipes, Avalon Free Public Library, register at 609-967-71551PMSaturday, January 21
  • Harbor Square Theater’s 3rd Saturday Comedy Show, headliner will be Yannis Pappas, 8PMSaturday, January 21
  • Wetlands Institute Covered Dish Dinner, bring a dish to share that serves 8, guest speaker will be Cameron Cox discussing tropical birding & identifying migrating birds, 6-8PMFriday, January 27
  • IPad Workshop, Avalon Free Public Library, register at 609-967-715510AM-NoonSaturday, February 4
  • 14th Annual Super Bash XIV raising funds for Friends in Need organization, The Princeton, 4PMSunday, February 5
  • Cape May-Lewes Ferry Wine Dinner, Cape May Lewes Ferry Terminal, www.CapeMayLewesFerry.com  for details, 5:30-8:30PMSaturday, February 11
  • Creative Writing Seminar, Avalon Free Public Library, register at 609-967-715510AM-NoonSaturday, February, 18
  • Sea Isle City’s Polar Bear Plunge, 40th Street beach, 2PMSaturday, February 18
  • North Wildwood’s Fallen Heroes Polar Bear Plunge, proceeds benefit the Philadelphia Police Fallen Heroes Fund, visit FallenHeroPlunge.com for details, 15th Street & the beach in North Wildwood, 11AMSaturday, February 25
  • Avalon’s Shop-A-Holics, The Princeton & The Whitebrier, designers, deals & drinks, Thursday-Saturday, March 2-4
  • Stone Harbor Shiver Event, registration at 9:30AM at Fred’s Tavern, parade at 11:45AM leading to the plunge at the 96th Street beach, Saturday, March 11
  • Sea Isle City’s St. Patrick’s Day Parade & Celebration, 3:30PMSaturday, March 11
  • Cape May Traditional Jazz Society presents the Midiri Brothers Jazz Band, VFW Post #386, 419 Congress Street in Cape May, 2-4PMSunday, March 12
  • Stone Harbor Bulk Pick-up, items curbside up to 72 hours prior to pick up, Monday, March 13
  • Ocean Drive Marathon & Ocean Drive 10Miler Course, visit http://www.odmarathon.org for details, 9AMSunday, March 26

Featured Property:

This large Bayfront home offers a serene setting and a dock for your boat!


For a virtual tour, click here:   http://tours.shorevirtualtours.com/idx/303984


New Listings:












Properties Sold: 




Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Wednesday, January 18, 2017

Is Your Smart-Home Device a Security Threat?

Did you recently welcome a Google Home or Amazon Echo into your home? How about a smart TV or a fancy new Apple Watch? While all of these devices can work wonders in terms of making our lives easier, they can also pose a security threat to your privacy. Internet-connected devices provide endless possibilities, but they rely on technology and collected data to deliver on their promises.



"I don't necessarily think about someone hacking into my new smart thermostat and accessing temperature preferences,” says Steve Platt, global executive vice president of Fraud and Identity for Experian. “But if they can access my thermostat, they can get into my Wi-Fi network. From there they can access my computer or other connected devices where I have a lot more private and valuable information. The Internet of Things is only as strong as its weakest link. That's why it's so important to understand and treat each connected device as part of a broader network."


According to Platt, you can have both convenience and privacy, as long as you know how to secure your devices along the way. Here are eight tips from Experian for protecting your identity while enjoying your new gadget:
  1. Make sure the products and services you are connecting were purchased from reputable companies.
  2. Take a few minutes to review the privacy and data usage policies for each product or service. These privacy policies and data-use statements should be clear, easy to read and easy to understand. It's important to know how your personal data is used, stored or shared and to be comfortable with the terms before using the device.
  3. Look for devices that use end-to-end encryption, meaning third parties can't read or listen to your communications. More and more products are including this terminology right in the product description. If it's not there, ask.
  4. Be careful when turning on features for less secure devices. Remember that a less secure device can open a door into your network, which can lead to access to other connected devices.
  5. Change the default password before connecting the device to your network and enable two-factor authentication options, when available, for additional security. For example, you might use a username and password plus something else that only you know.
  6. Pay extra attention to your Wi-Fi network and leverage all available security options, including things like router and network passwords, encryption, firewalls and firmware.
  7. Be aware of the applications installed on devices, and download applications only from reputable providers. Also, only download apps created by trusted entities.
  8. Make sure children are supervised when using Internet-enabled devices, especially when downloading apps and connecting to other devices.

Following these tips will allow you to make your home smarter and safer.

By Maria Patterson


Source: Experian



Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Tuesday, January 17, 2017

America Weighs in: Save More, Spend Less

January is famous for its resolutions, many of which often revolve around creating a better financial picture for ourselves. According to a recent survey from GOBankingRates.com, the top financial resolution for 2017 is “save more, spend less,” chosen from the following options: 


  • Create a budget and stick to it 
  • Build an emergency fund 
  • Improve my credit score 
  • Save more, spend less 
  • Increase my income 
  • Pay down debt 
  • Save more for retirement 
  • Have more spending freedom 
  • Make a large purchase (home, car, etc.) 

The majority of respondents, nearly 23 percent, are committing to save more and spend less this year, a worthy goal given the results of GOBankingRates’ 2016 Savings survey, which revealed that 69 percent of Americans report having less than $1,000 in their savings account.


The second most popular financial resolution for 2017 is paying down debt, chosen by 19 percent of respondents. This is also an important goal considering the burden of debt, such as the $1.3 trillion student loan debt (source: StudentLoanHero.com) and the $747 billion consumer credit card debt (NerdWallet).


So, how can you save more and spend less and start paying down debt? Here are some suggestions from Forbes: 

  • Bundle your car, home and life insurance. Many companies offer steep discounts for package deals. 
  • Evaluate your cable and internet needs. Do you really need 500 channels and the highest speed internet? Perhaps not. 
  • Consider refurbished electronics, which work just as well as brand-new models and are generally offered at a reduced price. 
  • Join retailer mailing lists (selectively!). While you don’t want your inbox inundated with junk mail, signing up with your favorite retail outlets allows you to take advantage of sales and discount coupons. 
  • Don’t forget to negotiate. Don’t assume the sticker price is set in stone, especially when it comes to large furniture or electronic purchases, so try bargaining before buying. 




Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Monday, January 16, 2017

Fourth Quarter 2016 Market Report for Avalon & Stone Harbor NJ

TRENDS 2015 vs 2016

There was a 40% increase in the Total Sales Volume ($157,000,000 vs $112,000,000) and a 21% increase in the number of transactions (98 vs 81) for the Fourth Quarter of 2016 vs 2015 in the overall marketplace for Seven Mile Beach Island.


Fourth Quarter 2016 Market Report - View PDF





Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Friday, January 13, 2017

The Top 10 Housing Markets Heating Up in 2017

Nashville, Tenn. is making a play for the hottest housing market this year, heating up with a forecast of 4.3 percent home value appreciation, 1.1 percent income growth and a 4.0 percent unemployment rate, according to Zillow's 2017 10 Hottest Housing Markets list. The list, determined using data from Zillow's Home Value Forecast, income growth and unemployment rates, assigned a 'hotness score' to the 100 largest metropolitan areas in the U.S, with Nashville ranking No. 1.


Music City U.S.A.—a departure from the West Coast hubs dominating the list—represents a shift in housing activity to mid-size cities inland, says Zillow Chief Economist Dr. Svenja Gudell.

"Zillow's 2017 list highlights that jobs and opportunities are increasingly growing in smaller markets away from the coasts," says Dr. Gudell. "Mid-size cities like Salt Lake City, Portland and Nashville are desirable places to live, with good employment opportunities and steady economic growth. The growth and demand for housing will drive up home prices in 2017, and these hot markets are experiencing change as more people discover them."

The full top 10 list:

1. Nashville, Tenn.
Expected Home Value Appreciation: 4.3 percent
Income Growth: 1.1 percent
Unemployment Rate: 4.0 percent

2. Seattle, Wash.
Expected Home Value Appreciation: 5.6 percent
Income Growth: 1.0 percent
Unemployment Rate: 4.4 percent

3. Provo, Utah
Expected Home Value Appreciation: 4.3 percent
Income Growth: 1.0 percent
Unemployment Rate: 2.7 percent

4. Orlando, Fla.
Expected Home Value Appreciation: 5.7 percent
Income Growth: 1.0 percent
Unemployment Rate: 4.5 percent

5. Salt Lake City, Utah
Expected Home Value Appreciation: 4.3 percent
Income Growth: 1.0 percent
Unemployment Rate: 2.8 percent

6. Portland, Ore.
Expected Home Value Appreciation: 5.2 percent
Income Growth: 1.0 percent
Unemployment Rate: 4.8 percent

7. Knoxville, Tenn.
Expected Home Value Appreciation: 4.4 percent
Income Growth: 1.1 percent
Unemployment Rate: 4.7 percent

8. Ogden, Utah
Expected Home Value Appreciation: 4.7 percent
Income Growth: 1.0 percent
Unemployment Rate: 2.9 percent

9. Denver, Colo.
Expected Home Value Appreciation: 3.6 percent
Income Growth: 1.0 percent
Unemployment Rate: 2.9 percent

10. Sacramento, Calif.
Expected Home Value Appreciation: 4.8 percent
Income Growth: 1.0 percent
Unemployment Rate: 5.2 percent

For more information, please visit www.zillow.com

For more real estate information, including a FREE Home Market Analysis and Market Area Statistics, please contact me at 609-425-7521.


Reprinted with permission from RISMedia. ©2017. All rights reserved.


Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Thursday, January 12, 2017

Avalon and Stone Harbor NJ Weekly Update January 12th, 2017


SNOW AND COLD TEMPERATURES blanketed the Island this week, after a significant snowfall last weekend.  The dry, powdery snow hung around for several days as daytime temperatures only reached the mid-20s.  A dramatic but brief warm up is expected--by the end of the week daytime highs are expected to be in the mid-50s before settling back down over the weekend.

Snow, cold wind, and temperatures in the 20s made for a chilly walk on Avalon’s 60th Street beach!
  
IT’LL BE WARM AGAIN SOON, and that means it’s time to plan your 2017 summer vacation!  Whether you want to visit for a week, or stay for a lifetime, call me and I’ll help you find the perfect place!

AVALON’S COMMUNITY HALL closed on December 27th for refinishing of the floor.  After sanding, a new logo and new lines for sporting events will be added.  The stage at the front of the building is also due for renovation.

JUDITH DAVIES-DUNHOUR was sworn in as Stone Harbor’s new mayor last week, before a crowded reorganization meeting at Borough Hall.  Davies-Dunhour worked for the Stone Harbor Police Department for 25 years, and spent seven years serving on borough council before running for mayor.

FISHERMEN ARE QUESTIONING a federal plan to reduce the summer flounder quota this season.  The Atlantic States Marine Fisheries Commission says the flounder population has been overfished and that stricter requirements are needed to reduce this year’s catch by 40%.  Specific regulations have not been proposed but options include a two fish limit at 18 inches each and a three fish limit at 19 inches each, according to the Atlantic City Press.

$400,000 IN REPAIRS may be needed on the 96th Street Bridge, which links Stone Harbor to the mainland.  After being closed for a month last fall for repairs after a crack was found in one of the bridge’s main girders, the additional work is expected to be performed this spring ahead of the busy summer season.  During the repairs, temporary lane closures are expected during the day, with full bridge closures possible during nighttime hours.

THE 2017 OLDE HOUSE TOUR is being planned by the Avalon Historical Society.  Do you have a pre-1950s property?  Call the Historical Society at 609-967-0090 and help keep this event going!

UPCOMING EVENTS:
  • Law Enforcement Polar Bear Plunge, Wildwood Convention Center & the beach, register at 10AM, plunge begins at 1PM, event supports training & competition for more than 25,000 athletes of the Special Olympics of New Jersey, Saturday, January 14
  • New Year’s Strut with the Fralinger String Band, Avalon History Center, 1PM, (re-scheduled from the original January 7th date due to snow) Saturday, January 14
  • Boardwalk Kennel Club All Breed Dog Show, Wildwood Convention Center, visit www.BoardwalkKennelClub.com for details, competitions 8:30AM-6PM daily, Wednesday-Sunday, January 18-22
  • Yoga at the Cape May County Zoo, donations will go directly to the animals, reserve a spot at www.itswellyogaandpaddle.com, meet at zoo entrance at 8:45AMSaturday, January 21
  • Creative Writing Seminar, Avalon Free Public Library, register at 609-967-715510AM-NoonSaturday, January 21
  • Wetlands Institute Covered Dish Dinner, bring a dish to share that serves 8 & enjoy a guest speaker, visit the Wetlands Institute website for more info, 6-8PM, Friday, January 27
  • IPad Workshop, Avalon Free Public Library, register at 609-967-715510AM-NoonSaturday, February 4
  • A tribute to ‘The Last Waltz’ with live singers and musicians, Harbor Square Theater in Stone Harbor, Saturday February 4
  • 14th Annual Super Bash XIV raising funds for Friends in Need organization, The Princeton, Sunday, February 5
  • Creative Writing Seminar, Avalon Free Public Library, register at 609-967-715510AM-NoonSaturday, February, 18
  • Sea Isle City’s Polar Bear Plunge, 40th Street beach, 2PMSaturday, February 18
  • North Wildwood’s Fallen Heroes Polar Bear Plunge, proceeds benefit the Philadelphia Police Fallen Heroes Fund, visit FallenHeroPlunge.com for details, 15th Street & the beach in North Wildwood, 11AMSaturday, February 25
  • Stone Harbor Shiver Event, registration at 9:30AM at Fred’s Tavern, parade at 11:45AM leading to plunge at the 96th Street beach, Saturday, March 11
  • Sea Isle City’s St. Patrick’s Day Parade & Celebration, 3:30PMSaturday, March 11
  • Cape May Traditional Jazz Society presents the Midiri Brothers Jazz Band, VFW Post #386, 419 Congress Street in Cape May, 2-4PMSunday, March 12
  • Ocean Drive Marathon & Ocean Drive 10Miler Course, visit www.odmarathon.org for details, 9AMSunday, March 26

Featured Property:

An inexpensive way to enjoy the benefits of shore ownership, plus rental income and on-site management!

7800 Dune Drive, Avalon, $274,000, ACTIVE MLS#: 169083

New Listings:

7929 Dune Drive, Avalon, $319,000, ACTIVE MLS#: 173932

234 21st Street, Unit 204, Avalon, $485,000, ACTIVE MLS#: 173961

243 20th Street, Avalon, $750,000, ACTIVE MLS#: 173891

554 24th Street, Avalon, $845,500, ACTIVE MLS#: 173958

8513 Pennsylvania Avenue, Stone Harbor, $1,696,000, ACTIVE MLS#: 173959

148 20th Street, Avalon, $1,895,000, ACTIVE MLS#: 173890

25 E 23rd Street, Avalon, $1,950,000, ACTIVE MLS#: 173894


Properties Sold:

246 99th Street, Stone Harbor, $575,000, SOLD MLS#: 161680

1708 Ocean Drive, Avalon, $658,000, SOLD MLS#: 170243

166 15th Street, Avalon, $847,600, SOLD MLS#: 173114

125 25th Street, Avalon, $1,300,000, SOLD MLS#: 173338

11825 Paradise Drive, Stone Harbor, $1,833,125, SOLD MLS#: 169905

159 84th Street, Stone Harbor, $2,200,000, SOLD MLS#: 170527

177 68th Street, Avalon, $3,250,000, SOLD MLS#: 173916



Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Wednesday, January 11, 2017

As If We Needed a Reason to Move to the Bahamas



By Nick Caruso

When approaching this sprawling home located at The Abaco Club on Winding Bay, you can't take your eyes of its massive mahogany double door that serves as the main entrance. With six bedrooms and six baths, this is one beachfront property that gives us a reason to pack our bags and move to the Bahamas for good. (Yes, we're already singing "Kokomo," as of press time.)

The contemporary design of the house and its location on the property (lot 28) provides for spectacular views of Winding Bay and the pristine 2.5 mile-beach from every room. Views are particularly exquisite through the Nano walls that seamlessly open up to a covered deck with a luxurious yet cozy sitting area on one side and a beautiful outdoor dining area, complete with a gas grill, on the other.

Just beyond are beautifully landscaped grounds dotted with palm trees and a glorious pool, complete with a cabana and a double outdoor shower that looks out on the beach.

Each of its six large bedrooms come with en-suite full bathrooms, an enormous open plan with vaulted ceilings, coral stone accents, pendant lighting, a well-equipped custom kitchen with stainless steel appliances, exquisite custom cabinetry and a large island.

The master bedroom and bathroom could be your very own spa retreat. A standalone tub is the focal point of the master bathroom where double French doors lead out to a very private outdoor shower that is surrounded by native plants and walls that are clad with a combination of mahogany and stone.

A recreation room on the ground level comes with ping-pong and pool tables and a spacious sitting area. Two of the six bedrooms are on this level, along with the media room and a double car garage surrounded by additional indoor storage areas. Exquisite quality furniture and finishes and verdant native landscaping complete this luxury estate home. This fabulous residence is just a short stroll or golf cart ride away from Busters Beach Bar & Grill, the pro shop, all beach amenities, the site of the future golf Clubhouse and the Scottish-style tropical links golf course.

Listed for: $8,750,000








Nick Caruso is RISMedia's senior editor. Email him your real estate news ideas at nick@rismedia.com.

This was originally published on RISMedia’s blog, Housecall. Visit the blog daily for housing and real estate tips and trends. Like Housecall on Facebook and follow @HousecallBlog on Twitter. 

For more real estate information, including a FREE Home Market Analysis and Market Area Statistics, please contact me at 609-425-7521.


Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Tuesday, January 10, 2017

7 Important Steps To Help You Buy Your First Home In 2017

Thinking about buying your first home? What an exciting time this is bound to be. And, also, what a (potentially) overwhelming, confusing, and stress-filled time. It can easily veer into scary territory if you're not prepared and not surrounding yourself with professionals who can help guide you in the right direction. These seven tips can help you make that dream of homeownership come true in 2017.

1. Work with the right real estate agent

The guy next door or your brother's girlfriend's cousin who just got his real estate license may be hungry to get your business, but that doesn't mean he's your best bet. An experienced agent quite simply knows things that someone who is brand new probably doesn't. An experienced agent will also have important relationships in place that may be able to help buyers in every facet of the home purchase, including:

  • Finding houses that aren't even listed yet
  • Finding homes that may be slightly outside of a buyer's criteria but that are worthy of consideration
  • Leveraging industry relationships to get you great deals or better terms
  • Managing appraisals and inspections
  • Working through every step of the purchase process and handling any issues that pop up along the way
  • Negotiating a deal that works for both sides


realtymyths.com

2. Don't be afraid to talk to multiple lenders
Your Realtor will most likely have several lenders they have worked with and can refer you to. You may also want to speak to loved ones and get a referral or two from someone they've worked with successfully. Each lender may have a different recommendation and/or knowledge of a special loan that works for you, so it makes sense to look at a few different options.

3. Mind your credit
Many people have no idea what their credit score is, but if you're thinking about buying a home, knowledge is power. Different loans have different minimum credit score requirements, and it could be that your score doesn't measure up for the best loan rates, or maybe you need to do some work to qualify for even the most lenient loan.
A good mortgage lender can advise you on your best options to raise your score, from removing any errors on your credit report, to paying any delinquent accounts, to exploring credit repair options. The earlier you learn your score and delve into the details with a qualified lender, the more time you have to address any issues you find.


Total Mortgage

4. Save, save, save
For many people, getting the down payment together is the hardest part of buying a home. And the closing costs can be an unwelcome surprise for those who weren't expecting to have to come up with even more cash. When you first set out to buy a home, make sure you know how much you have to save. Your lender should be able to give you a pretty good ballpark based on a certain home price. Housing experts recommend adding 5% to that number just to be safe.
Even if you've never been a great saver in the past, there are strategies you can use that will help you build the nest egg you need for your down payment and closing costs, including these tips from nerdwallet:
  • Automatic transfers from your checking account to your savings can help to make the process mandatory - and maybe a little less painful.
  • Save raises and bonuses rather than spending them.
  • Set aside tax refunds.
  • Keep the change. At least a couple of banks have variations on this theme. For example, Bank of America allows debit card users to sign up for a service that rounds up purchases to the nearest dollar and puts the change into a linked savings account.
  • Visualize your goal. Slap big, beautiful photos of your dream house on the refrigerator, near your office workspace - and wrap a small one around the primary credit card in your wallet. You might charge less and save more."
As for where to put that money while you watch it grow, experts recommend that "If the plan is to become a homeowner in the next 12 months, the money should be kept completely liquid. That means you can easily access it at any time," said CNN Money. "The best way to do that is in a good old-fashioned savings account, Schulte said. Look for one with a higher yield. In today's low rate environment, that probably means an online-only account like Ally or Synchrony Bank, which currently pay around 1% annually."

5. Lock in your rate
Rates can be unpredictable. Locking in a rate when you get close to buying, which your lender will undoubtedly recommend, can protect you if rates rise. Many lenders also offer a one-time adjustment in case rates go down.

huffingtonpost

6. Stay at your job
Not happy at work and thinking about making a change? If you're looking to buy a home, you may have to delay that plan. Part of your qualification for a mortgage will be based on your job history. Making a big change just before you buy or during the escrow process will be problematic. Lenders advise buyers to stay the course until after the home closes escrow.

7. Don't open new credit cards or buy a new car
Your lender will spell out the do's and don'ts of how to protect your credit when trying to buy a house, but if you haven't yet talked to anyone and you think you're getting close to be purchase-ready, that Kohl's card you take out to save 20% on your $100 bill could cost you. Before you take out any new debt, check with a lender.

Written by Jaymi Naciri

Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Monday, January 9, 2017

Top 10 Home Buying Mistakes

Buying a home is perhaps the most arduous, expensive and, ultimately, valuable acquisition you'll ever complete.

Just one mistake could mean disaster -- perhaps the worst mistake you'll ever make.

In order to avoid titanic trip ups during such a trying transaction, buyers should get to know the most common home buying blunders.

To know them is to avoid them.



  • Going solo: Buying a house is a complex transaction. It should be a team effort. You'll need a REALTOR®, lender, inspector, insurer, perhaps a lawyer, and other team members to help you through each step of the way. Team build before you start the search. 
  • Love at first sight: If you believe in fairy tales you probably shouldn't be buying a home. You won't live happily ever after if you emote your way through the home buying process. Your home should fit your real needs, not your yen for drama. Buy a home that fits your budget and your lifestyle. Be sure the home is in a community and neighborhood you desire. Visit neighborhoods several times before you buy to check out schools, noise and traffic patterns. 
  • 'Loanless' shopping: Being pre-qualified gives you a general idea of how much you can afford to borrow. It's better to be pre-approved for a given loan. Sellers will take you more seriously. You'll stay on budget. 
  • Overbuying: Home buyers buying more than they could truly afford, in part, led to the collapse of the housing market. Buy more than you can afford and your dream home will become the same nightmare. Analyze all your monthly costs including debts, food, transportation, entertainment, and savings. Your total monthly debts, including your mortgage, should not exceed 36 percent of your income before taxes. Don't forget to budget closing costs (often two to five percent of the home's purchase price), plus moving, redecorating and maintenance. Look ahead and allow for increases in ongoing expenses such as utilities and taxes. 
  • Misplaced trust: You are engaged in what's likely your most valuable acquisition ever. It's a business transaction. Ask family, friends, co-workers, professionals and others you trust for referrals, but don't take their word for it. Vet your team members. 
  • Accepting oral agreements: Get it in writing. The rate lock, the home inspection, disclosures, the contract. Always. Should a dispute arise, you've got the details documented.
  • Skipping the fine print: Understand what's really in any document before picking up a pen. Get documents in advance, take time to read them and ask questions. Get copies of your mortgage and closing papers a few days ahead of closing.
  • Forgetting or betting on resale: Avoid buying a home that costs 50 percent more than neighboring homes. Reconsider buying the most expensive home on the block. Neighbors' lower home values will weaken yours. Buy intending to flip your investment only to have the market fail means when it's time to sell your price may not cover your costs.
  • Making an unconditional offer: Protect yourself with these contingencies:
1. Mortgage financing: You may be preapproved but is the house? A formal appraisal confirms -- or not -- that there is sufficient value in the home to warrant the loan. If the house appraises lower than the sales price, the loan may be declined.



2. Inspection: Never buy an existing or new home without a thorough home inspection. Walk through the home with the inspector to learn more about the house and any concerns he or she may have.

3. Insurance: Confirm you can get adequate insurance coverage. In some areas, or following certain disasters, it can be difficult to get types of hazard insurance.


Written by Realty Times Staff



Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Friday, January 6, 2017

Too Much To Store and Too Little Space


Do you have too much to store and too little space? If you're like many homeowners, finding enough storage space can be a challenge. Thankfully, remodeling professionals can help you create new ways to tuck away your family's treasures in a resourceful and sophisticated way, according to the National Association of the Remodeling Industry (NARI).

Finding storage solutions doesn't always mean undertaking a major remodel. Sometimes it's about using the square footage you already have. Remodelers can help you plan and reallocate storage to accommodate your family's changing lifestyle. Getting creative with storage can improve daily living and boost the resale value of your home.

Look in Unusual Spaces

Veteran remodeler Don Van Cura, CR, CLC, CKBR, and owner of Chicago-based Don Van Cura Construction, recently won a regional CotY Award for a clever storage solution he designed for stashing canned goods under a kitchen staircase. "I'm a space freak and I don't believe that any part of the house should be wasted," he explains. "Almost every section of home has a void in it that can be made into storage -- and the older the house, the more nooks and crannies you can find."
For his stair solution, Van Cura created storage bins under the wooden treads of a staircase. He did this by attaching each tread of the staircase to the frame using hidden piano hinges, which allow each tread to open like a storage chest. The homeowner could then use the space under the tread to tuck away dry goods and cans. This storage strategy can be used in many areas of a home. In the foyer, for example, the hidden cubbies under stairs can stash shoes and outdoor gear. In the basement they store cleaning products or seasonal accessories. For a short run of stairs, remodelers can also install a set of custom drawers underneath the stairwell with access from the either the side or the back -- another great use of space.
Any good stair installer or skilled remodeler should be able to do this project, but it demands a structurally sound staircase, fine cabinetry skills and careful preparation. "It's easiest if you're planning a new set of stairs, but it can also be done as a retrofit to existing stairs," Van Cura notes.



Reconfigure Rooms As Needed

Perry Szpek, design sales associate for JDJ Builders in Milwaukee, Wis. recently created more storage for a family of six by reconfiguring two existing rooms and adding some square footage. The family's mudroom was once a cramped hallway that led from the house to the garage. "Not having a place to put on and take off their shoes was their biggest pet peeve," Szpek said. As a solution, he designed two furniture-style storage units that provide both seating and a place to store outdoor gear.
On one side of the room, a large boot-bench and locker cabinet gives the kids a place to sit down or hang up coats. The bench features storage beneath the seat and wicker baskets on a shelf above the hanging area. Drawer cabinets also flank each side of the bench, creating a personal spot for each child to stash hats, gloves and mittens.
Across the room Szpek planned a shorter boot bench for mom and dad that offered flip-top storage under the seat and hooks to hang coats behind them. Both storage pieces were accented with traditional beadboard backing, crown molding and a medium-brown distressed birch finish.
In the family's 120-square-foot laundry room, Szpek created a beautiful and storage-smart workspace. Upper and lower cabinetry provides plenty of storage for detergents, brushes and sponges, and a long countertop gives mom ample space to fold clean laundry. Under one area of the counter, Szpek designed cubbies that accommodate six laundry baskets -- one for each member of the family. "When mom's done folding clothes, she can separate the loads into a separate bin for each member," he says. "The abundance of storage space worked great for this family of six."

Where to Start

While some homeowners may think that a bigger home will solve their storage dilemma, this is not always the case. Often, having better storage is about making better layout choices and putting things within easy reach. Before talking to a remodeler, homeowners should take a thorough assessment of the square footage they have and how much stuff they need to store. In addition, it's important to think about day-to-day schedules. Some areas of the home, like foyers, mudrooms and laundry rooms, could use additional cabinetry or places to drop cell phones, keys and wallets. Sometimes the project is more about reworking traffic flow or designating specific spots for tasks like folding laundry, putting on outerwear and storing cleaning products.


Written by Realty Times Staff



Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Thursday, January 5, 2017

Avalon and Stone Harbor Weekly Update January 5th, 2017


HAPPY NEW YEAR!  Health, happiness, & prosperity—may all three be yours in 2017!  Best wishes for a Happy New Year!

MARKET STATS:  The latest Long & Foster Market Minute report shows an increase in sales and a reduction in active listings in November 2016.  The number of sales increased 25% over last November, while the number of active listings has declined by 13% to 290.  Despite a recent uptick in interest rates, demand has remained steady marketwide.  For the full report click here:  http://marketminute.longandfoster.com/Market-Minute/NJ/Avalon-Stone-Harbor.pdf
Click above for the latest Long & Foster Market Minute report.

REMEMBER THE SEA TURTLE that was rescued from Avalon’s beach this past summer?  She was transported to the Karen Beasley Sea Turtle Rescue and Rehabilitation Center in North Carolina some time back.  An update was recently posted to the Borough’s Facebook page, having been provided by Elizabeth Quinn, whose friend volunteers at the center:  “She has had the opportunity to feed and give treatments to the sea turtle that the Avalon folks rescued this summer. She has affectionately been named 'Snookie’ and she is doing very well! She is a smart girl and is eating. She is being fed fish stuffed into squid, though my friend says she would prefer just squid! Thank you so much to all those who helped rescue her!”

STONE HARBOR was recently awarded a $2.7 million state grant for the mitigation of flood risks in the borough between 88th and 99th Streets.  The project will include the installation of remotely operated tide control valves at existing stormwater discharge pipes, preventing tidewater from pushing into the pipes and flooding streets.  Higher street elevations and a bayside pump station to be built at 93rd Street are part of the project, too.

TAKE THE PLUNGE!  If you’re daring enough to take a mid-winter plunge into the ocean, you’ve got three chances to do so!  Polar bear plunge events are scheduled in Sea Isle City (February 18th), North Wildwood (February 25th), and Stone Harbor (March 11th.)  See below for details.  The ocean water temperature just off Avalon is 44 degrees—just about average for this time of year.  However, ocean water temperatures are typically at their lowest point in February and March, with average temperatures just under 40 degrees.

IS 2017 YOUR YEAR?  Whether it’s a week’s vacation at the shore, or a place to permanently call your own, let’s make it happen together!  Call or email me to begin your search for the perfect property!

UPCOMING EVENTS:
  • Cape May Lewes Ferry Beer Dinner featuring the beers of 7 Mile Brewery, call 800-643-3779 for info & reservations, 5:30PM, Friday, January 6
  • IPad Workshop designed for beginning users, Avalon Free Public Library, register at 609-967-7155, 10AM-Noon, Saturday, January 7
  • New Year’s Strut with the Fralinger String Band, Avalon History Center, 1PM, Saturday, January 7
  • ‘Guys With Guitars’ live performance featuring blues & rock music, Harbor Square Theater in Stone Harbor, 8:30-11PM, Saturday, January 7
  • Cape May Traditional Jazz Society presents the Mary Lou Newman Jazz Band, VFW Post #386, 419 Congress Street in Cape May, 2-4PM, Sunday, January 8
  • Law Enforcement Polar Bear Plunge, Wildwood Convention Center & the beach, register at 10AM, plunge begins at 1PM, event supports training & competition for more than 25,000 athletes of the Special Olympics of New Jersey, Saturday, January 14
  • Boardwalk Kennel Club All Breed Dog Show, Wildwood Convention Center, visit www.BoardwalkKennelClub.com for details, competitions 8:30AM-6PM daily, Wednesday-Sunday, January 18-22
  • Yoga at the Cape May County Zoo, donations will go directly to the animals, reserve a spot at www.itswellyogaandpaddle.com, meet at zoo entrance at 8:45AM, Saturday, January 21
  • Creative Writing Seminar, Avalon Free Public Library, register at 609-967-7155, 10AM-Noon, Saturday, January 21
  • Wetlands Institute Covered Dish Dinner, bring a dish to share that serves 8 & enjoy a guest speaker, visit the Wetlands Institute website for more info, 6-8PM, Friday, January 27
  • A tribute to ‘The Last Waltz’ with live singers and musicians, Harbor Square Theater in Stone Harbor, Saturday, February 4
  • Sea Isle City’s Polar Bear Plunge, 40th Street beach, 2PM, Saturday, February 18
  • North Wildwood’s Fallen Heroes Polar Bear Plunge, proceeds benefit the Philadelphia Police Fallen Heroes Fund, visit FallenHeroPlunge.com for details, 15th Street & the beach in North Wildwood, 11AM, Saturday, February 25
  • Stone Harbor Shiver Event, registration at 9:30AM at Fred’s Tavern, parade at 11:45AM leading to plunge at the 96th Street beach, Saturday, March 11
  • Sea Isle City’s St. Patrick’s Day Parade & Celebration, 3:30PM, Saturday, March 11
  • Ocean Drive Marathon & Ocean Drive 10Miler Course, visit http://www.odmarathon.org for details, 9AM, Sunday, March 26

Featured Property:
Third from the beach in Avalon’s south-end!
 
140 77th Street, Avalon, $3,995,000, ACTIVE MLS#: 140279

New Listings:

229 81st Street, Stone Harbor, $849,000, ACTIVE MLS#: 173868

386 39th Street, Avalon, $899,000, ACTIVE MLS#: 173823

260 105th Street, Stone Harbor, $899,900, ACTIVE MLS#: 173838

2179 Harbor Avenue, Avalon, $1,290,000, ACTIVE MLS#: 173777

324 92nd Street, Stone Harbor, $2,300,000, ACTIVE MLS#: 173821

511 42nd Street, Avalon, $2,475,000, ACTIVE MLS#: 173857

127 94th Street, Stone Harbor, $2,750,000, ACTIVE MLS#: 173792

277 88th Street, Stone Harbor, $2,999,999, ACTIVE MLS#: 173831

129 109th Street, Stone Harbor, $3,395,000, ACTIVE MLS#: 173829

135 77th Street, Avalon, $4,495,000, ACTIVE MLS#: 173832


Properties Sold:

28 Bower Court, Stone Harbor, $616,250, SOLD MLS#: 170964

459 21st Street, Avalon, $617,500, SOLD MLS#: 172699

50 Seabreeze Lane, Avalon Manor, $900,000, SOLD MLS#: 171342

10601 Second Avenue, Stone Harbor, $936,000, SOLD MLS#: 172669

360 89th Street, Stone Harbor, $980,000, SOLD MLS#: 171613

34 W 29th Street, Avalon, $999,000, SOLD MLS#: 172765

645 Sunrise Drive, Avalon, $1,293,000, SOLD MLS#: 167041

1169 Avalon Avenue, Avalon, $1,590,000, SOLD MLS#: 167111

3518 Ocean Drive, Avalon, $1,650,000, SOLD MLS#: 171184

135 77th Street, Avalon, $3,400,000, SOLD MLS#: 173066



Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Wednesday, January 4, 2017

The Offer: There's More to It Than Just The Price


Fixating on price in real estate may cost you the deal:

  • Sellers who decide that a specific dollar figure will buy their home and won't budge from that bottom line may sell themselves short.
  • Buyers who drop out of a transaction for a property they love because the seller's counter-offer shocks them may be quitting before they have really started negotiating.

When a buyer makes an offer to purchase a house, condominium unit or commercial property, the purchase price is a prime consideration, but it represents only part of the total value offered to the seller. Problems may arise for both sides of the transaction when this fact is forgotten.



Value Elements in an Offer
The value expressed in a buyer's offer to purchase, or in a seller's offer to sell, involves 5 key elements -- a financial package:

  • Purchase Price, the stated amount of dollars offered by the buyer, represents a significant contributor to value, but there are other important factors which can reduce the amount the seller receives or which can compromise the transaction. It's not the purchase price, but the net proceeds of the sale that sellers -- and savvy buyers -- should concentrate on.
  • Closing Date, or the day ownership changes hands and the seller receives the money, can represent cost or value to both parties. Savvy buyers usually attempt to meet the seller's preferred moving date, especially when the seller has committed to purchasing another property or needs the proceeds of the sale on a specific date. For instance, a closing before that date may be expensive because the seller would have to move out and store everything until they could move into their new home. That double move and the inconvenience represent out-of-pocket costs and time lost that make the actual purchase price lower than stated. A closing date later than the seller's preferred date may leave the seller owning two homes - and paying off two mortgages - at once. The seller may incur extra costs in arranging bridge financing to meet legal obligations to close on their new home before they receive proceeds from the sale of their current home. Choice of closing date may represent costs or value to the buyer as well. Balancing this reality for both parties is key in negotiation.
  • Inclusions and Exclusions to the sale also represent costs and value for both parties. Appliances, heating systems and draperies are common seller inclusions designed to boost value for buyers. If warranties for everything from a new roof or solar panels to new appliances cannot be transferred to a buyer, these items become "second-hand"and will probably represent less value to buyers. Buyers are also free to include excluded seller items, like an antique light fixture, in the offer to purchase. Deals have been lost to disagreements over light fixtures, fireplace accessories and vintage furnishings, so prudent sellers remove contentious items before listing. A buyer may offer less than list price and ask for nothing; a seller could sign back for more money and include items to sweeten the pot. Value is very subjective for these non-real-estate items and that's where negotiations can get heated.
  • Terms and Conditions are clauses in the offer which cover "what if" risks for one party and the obligations of both parties. These clauses detail what the buyer asks the seller to do for the purchase price. Arrange a survey or include a treasured light fixture? Sellers can create conditions in an offer to sell, but usually conditions are of greater concern to the buyer, particularly if approval of a third partly like a lender or city planning department is involved in determining the property's suitability. Conditions to arrange financing or a home inspection are among the "ifs" that define the offer to purchase. The degree of uncertainty attached to the conditions and the buyer's related ability to close effect the value of an offer. For instance, a buyer who is pre-approved for a mortgage of sufficient size offers less risk to a seller. However, if the purchase price is significantly-above market value, the lender may not approve the mortgage, so a condition for financing is essential to protect all parties. A full-price offer with conditions that will be difficult to meet may hold less value than an under-list-price offer with no conditions. Alternatively, if the conditions are merely formalities, the conditional offer could represent greater value. Would you recognize the difference if you were the seller? That's where the expertise of the real estate professionals involved becomes valuable...
  •  Intent and Sincerity are vital aspects of an offer although difficult to quantify. How determined is the buyer to buy, and why? How determined is the seller to sell? If either party changes their mind after the contract exists and before the closing date, the injured party has remedies in court. These legal steps may not make up for lost time and, perhaps, a missed market. An investor or flipper may decide to cut losses and bail out of the deal if the market drops significantly before closing. A seller may have second thoughts if their plans to move fall through. For both parties, value should lie in the certainty that the other party will close in spite of market shifts.

Yes, price matters, but there's a lot more involved in creating an offer that demands to be accepted. That's why an experienced real estate professional is a valuable contributor to success. Professionals can calculate, or at least estimate, the seller's net proceeds after costs related to the offer and deduction of commission. This information helps the seller accurately evaluate an offer to purchase. Understanding cost and benefit for all elements of an offer helps a buyer intent on ownership to create the best financial package possible.


Tip: Re-read this article when you are ready to make an offer, counter an offer or accept one. This will ensure value is visible to you on all levels before you decide to walk away or sign on the dotted.

Written by PJ Wade

Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Tuesday, January 3, 2017

4 Trends Affecting Millennials and Homeownership

If you're under the age of 35, everything you know about owning a home could be wrong; but it's not your fault. Parents of millennial children have taught them what was financially sound when they were the same age — go to college, get married, buy a home and have children; the formula for the American dream.


The American Dream is still real for many, but the details are murkier in 2016. The rising costs of college tuition are making it a riskier investment, young people are marrying later and having fewer kids and the appeal of buying over renting is now less obvious than it was for their parents. Blaming the shift on "a changing economy" is a cop-out, as the trends in millennial home ownership are just as cultural as they are economical. Here are some of the reasons why the nation's youngest buyers are having an affect on the housing market:

1. Millennials Love Mobility
Economists are calling millennials the "job-hopping generation," because they are more likely than previous generations to frequently change jobs, even if it requires moving. As unions are in decline and pensions are shrinking, job loyalty is on the fall and millennial workers are free to take their 401(k) accounts elsewhere. Because the next job, and next city, is always on the horizon, more millennials are opting for short-term apartment leases, which allow for freedom of mobility.

2. Millennials Love Cities
Millennials are more likely to buy their first home in the suburbs, not the city. Even outside of price-inflated cities like New York and San Francisco, urban housing costs are skyrocketing and forcing new homeowners outside the city limits. However, renting — still on the rise — is more manageable and gives young people the option to keep living in the city.

3. Millennials Love Incentives
The 2008 recession was a tragedy for homeowners who bought under inflated prices, but a silver lining for anyone buying after the fact. To help boost the economy and the new housing market, the IRS offered a hefty tax credit to first-time buyers until 2011. Just like a tax credit for electric cars, this was just the bump young people needed to buy homes after the biggest recession in nearly 70 years.
But now that the Federal Reserve is expected to raise interest rates for the first time since the recession, that boost in young home ownership could see a sharp turn in the other direction.

4. Millennials Do Not Love Student Loans
Perhaps the biggest hurdle standing in the way of homeownership, student loans account for the largest debt in the United States and are especially harsh on younger people. The more you owe in student loans, the less likely you are to buy a house. However, some programs like Income Based Repayment (IBR), which allows graduates to pay a lower monthly amount until the balance is forgiven in 20 years (10 for public sector workers), is helping ease this burden.

However, now that taxpayers could be on the hook for $108 billion in student loan relief, the future of this program could be in question under the new presidential administration. But if interest rates do go up and IBR is eliminated, the rate of buying from America's 20- and 30-somethings could go downhill fast.


Written by Realty Times Staff

Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com