Balloon Mortgages in the LBI Real Estate Market

Long Beach Island Real Estate Balloon Mortgages Long Beach Island Real Estate Buyers and Mortgages A balloon mortgage is a specialized type of loan product in which fixed monthly payments are made with a final large sum, the balloon payment, being due at the end of the mortgage term. Balloon mortgages can have pros and READ MORE

LBI Real Estate Single Family Bayside Home Sales in 2019

Bayside Single Family Home Sales in the Long Beach Island Real Estate Market Long Beach Island Real Estate Single Family Home Sales 2019 Stability was the key word for the Long Beach Island NJ real estate market in 2019. While the average price of a single family home and condo increased slightly and there were READ MORE

LBI Real Estate Monthly Mortgage Payments

Long Beach Island Real Estate Mortgage Payment Breakdown Buying Long Beach Island Real Estate For most buyers in the Long Beach Island real estate market, a mortgage is a necessary part of the transaction. While cash deals are prevalent, may buyers elect to obtain a mortgage even if it is not needed thanks to lower interest rates and the potential READ MORE

Long Beach Island Real Estate Assessed Value.

Understanding Long Beach Island Real Estate Market Assessed Value Long Beach Island Real Estate Assessed values are quite merely evaluations placed by a public entity, for example a town on Long Beach Island, for taxation. Assessed values can also be used in certain conditions to estimate the value of a home in the LBI real READ MORE

LBI Real Estate Oceanside Single Family Homes in 2019

Oceanside Single Family Home Sales in the Long Beach Island Real Estate Market Long Beach Island Real Estate Single Family Home Sales 2019 The Long Beach Island real estate market had good activity overall in 2019. As usual, single family home sales dominated the market as a whole. The average price of a home was READ MORE

LBI Real Estate Market Seller’s Disclosures and Flood Damage

Long Beach Island Real Estate Seller’s Disclosure Information Long Beach Island Real Estate When buying a home in the LBI real estate market, it is imperative that you thoroughly investigate the structure and any potential problem areas. There are no refunds in real estate, so a buyer has to make sure he or she is READ MORE

The Most Common Mistake Buyers Make in the LBI Real Estate Market

Common Buyer Mistakes in the Long Beach Island Real Estate Market Long Beach Island Real Estate Shopping for a home in the LBI real estate market is a significant investment and most likely represents a large portion of your net wealth. Surprisingly, the vast majority of buyers make the same mistake over and over again. READ MORE

A Home on Long Beach Island for $100,000?

Long Beach Island Real Estate Under $100,000 Long Beach Island Real Estate It is no secret that homes on Long Beach Island are expensive. With the average price of a single-family home around $1,000,000, many buyers are surprised to find that there are many affordable options. There are opportunities to buy a single-family home or READ MORE

LBI Real Estate Oceanfront Sales in 2019

Long Beach Island Real Estate Oceanfront Sales Report in 2019 Long Beach Island Real Estate The Long Beach Island real estate market saw an active 2019 overall. The number of units sold was higher than in 2018, and the average price of a single-family home was slightly higher. While market averages and generalizations are helpful, READ MORE