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Thinking of Moving?
Think Young!
Buying a Home?
I've Prepared This Page Just for You,
with Tips and Tools to assist you with the Buying Process
Coldwell Banker Residential Brokerage,  Basking Ridge -  1 So. Finley Avenue, Basking Ridge, NJ  07920  -  Office No.:  908.766.0808  -  
Cell:  908.938.2525  Marie Young, Realtor, Copyright 2010 Marie Young, Think Young@marieyoung.net  All rights reserved.  Information
within site is believed reliable, but not guaranteed and may change without notice. All content and links to content is provided "as is", and without
warranty of any kind, either expressed or implied.  Read Legal, Copyright, Privacy Statement.  Links to outside sites will open in a new window.  
© 2010 Coldwell Banker Real Estate Corporation. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate
Corporation. An Equal Opportunity Company. Equal Housing Opportunity. Owned and Operated by NRT Incorporated. Real Estate and homes for
sale in Basking Ridge, Bernardsville, Bedminster, Far Hills, The HIlls, and Peapack-Gladstone are primary service areas, although I cover most
of Somerset, Hunterdon, and Morris Counties as well.
Marie Young, Sales Associate
Coldwell Banker
1 So. Finley Avenue
Basking Ridge, NJ  07920
Office:  908.766.0808
Thinking of Moving?
Think Young!
Marie Young, Sales Associate
Coldwell Banker
1 So. Finley Avenue
Basking Ridge, NJ  07920
Office:  908.766.0808
Mobile:  908.938.2525                                                                                                       Email:  marie@marieyoung.net        
                                                          
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While exciting, buying a home has enough built in unexpected drama.  I've created this
Buyers page to assist you with planning for your move, as well as to provide you with a
plan for becoming educated on the process and local market, so that you may make the
most informed decision when the time is right.
Did you remember to calculate your
lifestyle into additional monthly payments?  
It's always a great idea to begin the home buying
process with understanding just how much your
monthly payments will be.  Use the calculator below to
see how much you can really afford.  Even with  stricter
lending rules, you may qualify for a higher amount, but if
that does not leave you room for living your lifestyle,
consider scaling back.  The additional monthly payment
line gives you room to put in all your other monthly
expenses including insurance and taxes. I encourage
my clients to add in any other commitments,
memberships, even if "fun" to make sure you can still
afford it if it's important.  
Tips for Buying a Home:
This is but a very brief list of all that's involved, but it's a great
place to start.
  • Determine what you can afford and use that as a maximum
    price.  By "can afford" don't forget to add in leisurely things you
    enjoy that cost money to your monthly outlay.  Otherwise, you
    could find yourself a prisoner at home on the Friday night you
    used to go to the theatre.
  • As simple as this may sound, creating a need and wish list is the
    next step.  Now that you have a budget, It's important that you
    visit several potential match areas to help you decide which
    works best.  
  • Need List - This isn't just about the size of the yard or
    master bedroom.  Rather, it encompasses your commute,
    ease of access to your favorite places, and lifestyle.  Why
    do I have lifestyle in the needs section?  I find that if
    someone finds even the perfect home but develops
    severe limitations on their lifestyle as a result, they grow
    to hate the home rather than learn to live without what
    they gave up.  We all have compromises, but starting out
    with them can be a downward spiral when surprises occur.
  • Wish list -- Once the needs are met, the list of towns
    grows even shorter.  That's the time to add in the wish list
    -- large yard and new kitchen?  What if I can only have
    one -- which is more important?  That's where we can
    prioritize and really narrow the search.
  • The Search -  Visit a variety of homes and neighborhoods.  
    Keeping your list in mind, determine which suits you best.  Don't
    let yourself be swayed by any one factor at the expense of all
    others.  There will be that special home that grabs your attention
    the moment you walk into it.  You will know!
  • Longer Term Eye - Although you are  buying, it never hurts to
    have an eye toward resale -- you may not be bothered by the
    cell tower on the corner.  You may even enjoy not having as
    many dropped calls as your neighbor, and this home may offer
    EVERYTHING you want and need in your price range as a
    result.  But will you ever be able to sell it and get your money
    back?  This is an important consideration.
  • Learn while you Discover -- As my clients start narrowing their
    search, I send them all active, under contract, and sold in the
    area for the past three months or so.  This helps to educate
    them when that final step occurs -- the offer.  How great is it to
    watch and know by that time, what every home in the
    neighborhood sold for, how many days they were on market
    (including expired, withdrawn and relist which I always provide,
    and to be able to walk into the negotiating table facts in hand,
    pre-approval ready, and negotiate the best deal?
  • Get friendly with the Town Hall -- does that finished basement
    have permits?  Are they within lot coverage limits?  Any
    easements?
Custom MLS Search:  Search listings in Basking Ridge and surrounding towns using your own criteria, including subdivision, area, etc.