So, you’ve decided to put your Jersey Shore home on the market. With so many tourists flooding the area right now, you’re sure to receive great exposure. Some may want to ditch the seasonal renting for something more permanent. Many sellers let their emotions take over when deciding on a list price. After all, you […]
Types of Mortgage Loans for Jersey Shore Home Buyers
FHA, VA, conventional. adjustable-rate or fixed-rate. When it comes to Jersey Shore mortgage loans, which one of these makes the most sense for you?
New Vacation Rental Tax Poses a Threat to Jersey Shore Tourism
Earlier this year, the NJ legislature created a new vacation rental tax for Jersey Shore homeowners: the transient accommodations tax. In effect, anyone renting a property must pay an additional 12-14% in taxes.
No Seasonal Sales Tax at Jersey Shore
Tourism plays a huge part in the Jersey Shore economy. When I heard that there were two bills being put before the New Jersey Assembly that might hurt our local tourism industry, I knew I had to act. So, I contacted my Assemblyman Joe Armato to request that he oppose these bills. His reply? No […]
Your Credit Score Explained: What You Need to Know
Unless you can afford to pay for your Jersey Shore home in one lump sum of cash, you’ll need to borrow some money. Credit scores factor heavily in whether or not your bank approves your loan. Higher scores receive better interest rates. Have you ever wondered what exactly goes into determining your credit score? Here’s […]
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