856 478-6562
*Nancy and seller must agree on price and timing. † Based on Bright MLS 2020

Nancy Kowalik Real Estate Group is an award-winning boutique real estate brokerage specializing in all facets of Southern New Jersey’s robust residential real estate market. Founded in 2016, the firm has quickly become one of the state’s leading independent brokerages, known for its home sale guarantee. Based on a pre-determined, agreed-upon price and timeframe, founder and president Nancy Kowalik guarantees the sale of her client’s home with the promise that the firm will purchase the property if it is not sold. Kowalik’s office culture focuses on teamwork and philanthropy. With 12 full-time agents working as a team, the firm promises 5-star service. Under Kowalik’s lead the group has given over $80,000 to a local non-profit since 2017 and has been an ongoing supporter of local High School and intramural sports programs.

Written exclusively for Southjerseyteam.com
by Alessandria Carper

Looking for a new house in South Jersey?

When asked which markets have flourished during the pandemic, one would probably think of e-commerce or gaming. Surprisingly, the real estate industry has also flourished during the pandemic.

Would-be homebuyers are rushing away from urban centers toward the suburbs to escape the hustle and bustle of vibrant urban metropolises. This is especially true in New Jersey, a popular spot for New Yorkers and other Americans to relocate.

Recently, more than 3,000 former urbanites flocked to places like Hudson County, so you may want to move somewhere less crowded, too. South Jersey is undoubtedly a great place to start house-hunting. With its sandy beaches, bustling farmers’ markets, and opportunities for outdoorsy adventures, it’s no wonder that three of its towns even made it on America’s hottest neighborhoods to live in for 2021.

Admittedly, though, house-hunting in today’s climate can be tricky. However, this short guide will be able to assist you in navigating the market a little easier.

New House in South Jersey

The Wish List When Looking for a New House in South Jersey

One of the first things to do is decide what you want out of your house in the first place. If you’re looking for a good family home, for instance, you might want to move to a neighborhood with a good school district like Mullica Hill. Meanwhile, if you want to live in a close-knit community full of independent businesses, Cinnaminson puts Stars Hollow to shame.

Another thing you might want to consider is the size of the house you want, its layout, and its features. How many bedrooms and bathrooms would you like? What’s your ideal layout for the kitchen, dining room, and living room? How much natural lighting and cabinet storage do you consider sufficient? Other features you might look for include amenities (like pools) or a specific architectural style.

Market Research is Important When Buying a New House in South Jersey

Next, look at current market conditions. Indicators like local demographics, prices, and the current supply and demand for homes in the area can help you determine whether houses in a certain location will fit into your desired price range and community. For example, houses in Gloucester Township have median prices no higher than $133,000, making it a great location to start hunting for an inexpensive place to stay.

Payment options

Another important thing to consider is how to finance your dream home. Fortunately, if you’re in the market for a house right now, mortgage rates are at an all-time low. And by applying for shorter-term loans, such as 10-year or 15-year mortgages, you can build equity faster and get lower interest rates.

However, a common barrier to buying a home is the down payment, so try sourcing money from the cash you have on-hand, builder financing, or the New Jersey Down Payment Assistance Program. If you’re moving from out of your current state, though, relocation loans can be extremely helpful. They can be spent on moving expenses, from the down payment and packaging materials to the costs of stopping overnight while in transit. In fact, some of these loans can be used to cover day-to-day purchases during your first few weeks in South Jersey, as you search for a new job.


Physical and Mental Preparedness

Regardless of how you choose to finance your home, make sure you’re placing your bid from a place of security. Buy a home based on facts and figures — not emotionally-driven decisions. Feeling stressed or pressured to make a purchase can lead you to neglect the bigger picture, and you may incur unnecessary or costly expenses in the process. For instance, you might buy a home that doesn’t fit all your criteria, like a beautiful colonial house that turns out to be a two-hour commute to your office.

Approach things with a clear mind, and rely on your research. As long as you’re meticulous with the details, you’re sure to hit the mark and kickstart your new life in South Jersey.

Written exclusively for Southjerseyteam.com

by Alessandria Carper

View All Buying Your Next Home Posts

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