On July 26, 2023 the central bank’s Federal Open Market Committee (FOMC) raised its funds rate by a quarter percentage point. It is questionable as to whether there will be any additional increases this year. The increase is the 11th time the FOMC has raised rates since March 2022. The fed funds rate sets what banks […]
Category: Holgate
LBI Real Estate HELOC
People have asked if it is possible to close on a Home Equity Line of Credit (HELOC) the same day they close on the purchase of Real Estate that they would like the HELOC against. Although there could be circumstances in which one could close on a HELOC on the same day they close […]
Where is the LBI Market at Now?
As we approach the end of September we are seeing, as predicted, prices remain more or less the same as they were through the Summer of 2022. The market is remaining competitive especially in the under a million dollar price point despite increasing interest rates and inflation. The real estate market on LBI remains competitive […]
How attorney review can rob you of a house that you have a fully executed real estate agency drawn contract on . . .
How attorney review can rob you of a house that you have a fully executed real estate agency drawn contract on . . . Once you have a fully executed real estate agency drawn contract in New Jersey and that contract has been delivered to all parties, a 3 day attorney review period begins (in […]
Holgate
Holgate is the southern most end of Long Beach Island and home to the Edwin B. Forsythe National Wildlife Refuge. Holgate is mainly residential in nature but does offer some commercial properties. The end of Holgate is home to some amazing sunsets and on a clear day you can see Atlantic City in the distance. […]