Tuesday, October 28, 2014

What's Your Home Worth?



What's your home worth? 


According to the Garden State Multiple Listing Service (GSMLS), the average home price is up about 8% since 2012. How much has your home increased in value? 


Check your current home value for free, instantly, online at our page!




Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. You can reach Rahul and Smitha and their team online at: www.Morris-Homes.com or www.SRRealEstateGroup.com.

Their team specialize in North Central New Jersey including towns such as BoontonChathamMadison,Chester,Convent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristown,Morris Plains,Morris Twp.Mountain LakesParsippanyRandolphRockawayWhippany.

Monday, October 27, 2014

Pending Home Sales Rise in September 2014


Pending home sales rose 0.3% in September 2014, posting a positive gain for the first time in 11 months, data from the NATIONAL ASSOCIATION OF REALTORS® show.

NAR’s Pending Home Sales Index showed the number of homes under contract to sell was also up 1% over September 2013.


Conditions are favorable for buyers thanks to the moderate pace at which home prices are rising coupled with more homes being offered for sale, said NAR Chief Economist Lawrence Yun.

“Housing supply for existing homes was up in September 2014 6% from a year ago, which is preventing prices from rising at the accelerated clip seen earlier this year,” he said. “Additionally, the current spectacularly low mortgage rates should help more buyers reach the market.”

Despite improved housing conditions and low interest rates, tight credit conditions continue to be a barrier for some buyers.


About 15% of REALTORS® said they had at clients who couldn’t close on their home purchase because they were unable to get a mortgage.


Yun says credit may loosen next year when lenders are scheduled to start following a new federal rule on mortgage lending, called the Qualified Residential Mortgage rule.


“The rule provides clarity for lenders and is a win for creditworthy consumers by ensuring they continue to have access to safe and affordable loan products without overly burdensome downpayment requirements,” he said.


Pending Home Sales by Region

September 2014September 2013
NationalUp 0.3%Up 1.0%
NortheastUp 1.2%Up 2.9%
MidwestDown 1.2%Down 4.0 %
SouthUp 1.4%Up 1.7%
WestDown 0.8%Up 3.6%

Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. You can reach Rahul and Smitha and their team online at: www.Morris-Homes.com or www.SRRealEstateGroup.com.

Their team specialize in North Central New Jersey including towns such as BoontonChathamMadison,Chester,Convent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristown,Morris Plains,Morris Twp.Mountain LakesParsippanyRandolphRockawayWhippany.

Thursday, October 23, 2014

Open House Sunday October 26th 1-4 PM at 23 F Huston Taylor Court, Morris Plains, NJ 07950

Please be our guest this Sunday, 10/26, for an Open House at a Fabulous Townhouse in the desirable Glenmont Commons community. Great updates, neighborhood, and location! Click here for more pictures.

   


When: Sunday, 10/26, 1 - 4 PM
Where: 23 F Huston Taylor Court, Morris Plains, NJ 07950
Who: YOU! Feel free to bring your interested friends and family.





Details


  • Price: $420,000
  • 3 Bedrooms, 2.1 Baths, Attached 1-Car Garage.
  • Gorgeous Townhome in Glenmont Commons.
  • Great Location & Condition! 
  • Located in Parsippany, NJ which was recently rated Number 13 in the Top 20 Best Places to Live in the country by Money Magazine (Morris Plains mailing address).
  • 5 +/- Minute Drive to Morris Plains Train Station for the Midtown Direct Train to New York City.
  • Lots of Updates and Upgrades! Quality Throughout!
  • Great Condition! Bright Open Floor Plan! Neutral Décor!
  • Shows Pride of Ownership!
  • Beautiful Stone and Vinyl Front with Lovely Open Porch.
  • Lots of Natural Light, Plenty of Windows & Closet Space.
  • Lovely 2 Story Entry Foyer with Upgraded Ceramic Tiles.
  • High 9 Foot Ceilings on First Level.
  • Nice Pergo Floors in Living Room and Dining Room.
  • Bright, Spacious Living Room with Pergo Floors, Fireplace with Beautiful Mosaic Surround, Recessed Lights, Ceiling Fan, Blinds, Sliders to a Large Deck with Nice Views. Perfect for Entertaining.
  • Beautiful, Upgraded Eat-in-Kitchen with Ceramic Tiled Floor, Upgraded Maple Cabinets, Stunning Mosaic Tile Backsplash, All Appliances, Recessed Lights and Lots of Counter Space.
  • Elegant Formal Dining Room with Pergo Floors, Lovely Chandelier.
  • A Powder Room completes the First Level.
  • The 2nd Floor features a Huge, Bright Master Bedroom Suite with Plush Carpet, Walk-In-Closet, Ceiling Fan with Light, Blinds.
  • Spacious 2nd and 3rd Bedroom with Plush Carpet, Ceiling Fans and Blinds. 
  • Full Unfinished Walkout Basement leading to a Nice Backyard, Waiting for you to finish as you please.
  • Central Air Conditioning & Gas Heat.
  • All Ceramic Tiled Baths.
  • 1 Car Garage with Automatic Door Opener. 
  • Pets Allowed (Restrictions May Apply).
  • Taxes: $8431 (2014).
  • Monthly Association Fee: $105 (Application Fee may apply).
  • Community Amenities: Swimming Pool.
  • Year Built: 2003 approx.
  • Short Distance to Shopping, Major Highways and Regional  Transportation.  
  • Why Postpone Happiness? You'll Love to Call this Home.

Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. You can reach Rahul and Smitha and their team online at: www.Morris-Homes.com or www.SRRealEstateGroup.com.

Their team specialize in North Central New Jersey including towns such as BoontonChathamMadison,Chester,Convent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristown,Morris Plains,Morris Twp.Mountain LakesParsippanyRandolphRockawayWhippany.



Friday, October 10, 2014

Things You Can Paint Instead of Replace to Save Money - Part 5

Today we cover painting carpeting (yes, carpeting!) and vinyl floors. Enjoy!

Carpet


We love the idea of covering stains and reviving a carpet with upholstery paint. It saves hundreds of dollars and the hassle of getting rid of an old carpet.

Kathie Smula of Spray It New upholstery paint says carpets with a short pile are the best candidates for painting; long-pile carpets become hard and matted when painted.

Prep: 

  1. Thoroughly clean the carpet before painting. You don’t have to steam clean it, but scrub up the worst stains and vacuum so dust and dirt don’t mix with the paint. 
  2. Skip priming and just spray paint two or three coats, depending on how deep you want the color. Make sure it’s dry to the touch before spraying another coat.

Tips:

  • Don’t confuse upholstery paint, good for carpets, with fabric paint, good for T-shirts.
  • If you get heavy handed and paint clumps, loosen the area with a bristle brush and dab up excess paint.
  • Six cans of spray paint will cover an 8-foot-by-10-foot carpet with at least two coats.

Vinyl Floors


Painting is an inexpensive way to get a few more years out of old vinyl floors in kitchens and laundry rooms.

Prep:
  1. Wash the floor with a TSP (tri-sodium phosphate) solution to get rid of built-up dirt and grime.
  2. Rough up the shiny surface with 180-grit sandpaper. If some nooks and crannies remain glossy, apply a deglosser (paint stores sell it) to remove shine. 
  3. Prime with a latex primer.
  4. Paint with a porch/floor paint.
Tips:

Save your back when sanding floors by using a sanding pole, like the ones drywall installers use.
Highly textured vinyl floor may require another sanding and a second coat of primer.


Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. You can reach Rahul and Smitha and their team online at: www.Morris-Homes.com or www.SRRealEstateGroup.com.

Their team specialize in North Central New Jersey including towns such as BoontonChathamMadison,Chester,Convent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristown,Morris Plains,Morris Twp.Mountain LakesParsippanyRandolphRockawayWhippany.

Thursday, October 9, 2014

Things You Can Paint Instead of Replace to Save Money - Part 4

When wood floors are beyond another refinishing, painting can give them a second life — and give you a chance to add a personal touch to your home.

Painted Wood Floors


Prep: 

  1. Slightly sand the surface so your primer will adhere better. No need to sand down to the wood; even roughing up the seal coat will help the primer adhere better.
  2. Vacuum and mop with a damp cloth to remove all the dust — nothing ruins a paint job faster than dust. 
  3. Tint your primer to reduce the number of coats you’ll need of latex enamel floor paint.


Tips:

  • Before you commit to a paint color, paint a large piece of foam board with a sample of your desired color and put it on the floor to give you a good idea what the finished floor will look like.
  • It takes each coat about 24 hours to dry completely. So don’t jump the gun when applying the next, thin coat.
  • Your painted floor won’t completely cure for almost a month, so hold off on moving back heavy things like pianos and chests of drawers.
  • Protect your painted floor by putting mats down at the sink (wood and paint hate water) and high-traffic entryways.


Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. You can reach Rahul and Smitha and their team online at: www.Morris-Homes.com or www.SRRealEstateGroup.com.

Their team specialize in North Central New Jersey including towns such as BoontonChathamMadison,Chester,Convent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristown,Morris Plains,Morris Twp.Mountain LakesParsippanyRandolphRockawayWhippany.

Friday, October 3, 2014

SR Real Estate Group Continues to get Rave Reviews!

We love our clients! Many of them become dear friends and even part of our family. It is always thrilling to receive positive feedback because we are always striving to provide the best service to our current, future, and repeat clients. Seeing them happy and satisfied is one of the biggest reasons we're in this business.

A big "THANK YOU" to you all for your continued support. Wishing everyone a wonderful weekend!


"Smitha is the best realtor. She truly puts the customer first. She listens to what the customer needs and puts the customer first. We have used her numerous times and with each transaction, she has worked hard to make the process and seamless as possible. She is also very accessible. Selling or purchasing a home can be very stressful. Knowing that she is just a phone call away helped me get through a difficult time."
- Nick and Fatima

"Rahul is simply superb! He made our dream home a reality!! Rahul partnered with us and thoroughly understood our buying requirements. During the process of buying new home we had to sell our existing home. It became quite complex to deal with Bankers, Attorneys, Realtors and associated contingencies from buying and selling front. Rahul was immediately available to answer any questions and his extensive knowledge, experience and expertise in real estate market helped us easily navigate from start to finish. Rahul relentlessly worked with us until we closed our new home. We were pleased to work with Rahul. Without a doubt I will recommend Rahul to anyone who is looking to buy/sell home in near future!!"
- Suresh and Raji

"Very pleased with Rahul. He is a true professional. He was always helpful, knowledgeable and courteous. He resolved all buyer-seller issues expediently and in amicable manner. He was available on the phone at all hours. If we had to leave a voice mail, he got back to us within a very short time. We have no hesitation in recommending Rahul to anyone looking for a realtor in northern NJ."
- Deb and Smee

Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. You can reach Rahul and Smitha and their team online at: www.Morris-Homes.com or www.SRRealEstateGroup.com.

Their team specialize in North Central New Jersey including towns such as BoontonChathamMadison,Chester,Convent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristown,Morris Plains,Morris Twp.Mountain LakesParsippanyRandolphRockawayWhippany.