Our Blog

Smart Home Technology Explored

The smart home tech industry is just exploding with new products that are designed to save us money and have a more favorable effect on our environment.  

We're interested in how these new products will change the way we live in our homes, and we want you to be aware of the advantages to you personally as well as their importance in the larger scope of saving energy and making a smaller impact on our overstressed planet.

If you are also interested in all the great new technology, here is something really cool that you might want to follow.

New Loan & Closing Disclosures Required October 3rd

New closing documents will be required for all closings starting October 3rd.  The HUD-1 Settlement Statement, Good Faith Estimate and Truth-in-Lending disclosure forms will be replaced by two new closing forms . . . a Loan Estimate and Closing Disclosure.

The new Loan Estimate form is due to consumers three days after they apply for a loan, while the Closing Disclosure form is due three days prior to closing, giving the consumer more time to review the costs of their mortgage. Borrowers will not have a choice to waive the three-day review period.

The Loan Estimate form shows the loan amount and interest rate, what the borrower’s monthly payment will be, estimated taxes and insurance, and how much cash is required to close.

Monmouth County Real Estate Market Update -- August 2015

Lets take a look at the Monmouth County real estate market statistics for Single Family Detached Homes, Townhouses/Condos, and Adult Community Homes comparing year-to-date through August 2015 to the same period in 2014.

Overall the real estate market has provided many good opportunities for buyers as well as sellers and has kept us all busy helping our clients achieve their goals.