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GOVERNMENT REAL ESTATE RESOURCES
Try the US Census Bureau, FedStats.com, or the Bureau of Labor Statistics for useful information. The HUD web site is full of resources. Don't forget Fannie Mae, Freddie Mac, or Ginnie Mae. Get home buying tips from the Federal Consumer Information Center.

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Real Estate Tips
Real Estate Contracts >Selling Before Buying

Timing can sometimes be difficult if you have to sell a home before you can buy another one. Most people need the equity from the sale of their first home for the down payment on the new house. If your present home goes on the market first, you may be concerned that it will sell before you find the one you want to buy. On the other hand, if you find the perfect home before your present home is under contract, the sellers may be reluctant to accept your offer, and you may be too nervous to sign a contract.

It is a good idea to sit down with a good real estate agent for some professional advice before you begin your search. It will probably be necessary to be flexible on the closing date, because it can be easier to find a home that you want to buy than to sell your present home. After finding the house you want, you can ask the lender about arranging a short-term bridge loan that can make the purchase possible before you sell your current residence.

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Real Estate Trivia
Q 
What real estate term was first used in the 19th century and means "a high-flying flag on a ship"?

A 
Skyscraper was first used in the 1880s when office buildings of 10 stories or more were built in Chicago and New York.
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Carol Tangorra, REALTOR®, real estate agent and broker for Montclair, Nutley and Verona New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Carol Tangorra
Prominent Properties Sotheby's Int'l Realty
87 Park Street
Montclair, NJ. 07042
Office Phone: 973-783-6900 X111
Cell Phone: 973-420-5650
Fax: 973-873-7161
Email: CarolTangorra@gmail.com

Carol Tangorra has been a successful Real Estate agent for more than 23 years and was formerly named Realtor of the Year by the West Essex (NJ) Board of Realtors. She was awarded lifetime membership in the NJ Association of Realtors’ Circle of Excellence for consistent sales in the multi-million dollar range. Carol has consistently ranked among the top 1% in sales of all Realtors in her board area, which includes Montclair, Nutley, Verona, Glen Ridge, Bloomfield, Essex Fells, Cedar Grove, Livingston, West Orange, South Orange, Maplewood, and the Caldwell’s. Carol’s professional credo is “The customer comes first!” “I believe that knowledge, experience, and enthusiasm are the most important qualities a Realtor can have. I look forward to sharing my expertise with each of you,” says Carol.

RELO


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