Consider These Factors Before Investing in Commercial Real Estate in Oradell, NJ

| Best Real Estate Agent | Buy And Sell Homes In Oradell Nj

If you invest in real estate, you know the residential housing market is hot right now! But what about commercial real estate in Oradell, NJ? Should you sink some of your money into one of these operations, or keep waiting for the housing bubble to burst? Commercial real estate investment can be a good choice, as long as you keep the following factors in mind.

1. Location of Your Commercial Real Estate Investment

Location is once again relevant! After two years of doing everything “from home,” community hubs, “downtown” spaces, and commercial business plazas are reopening. When you consider your commercial real estate investment plans, you need to make sure your property is in a good location. Choose an area where your commercial property tenants have already been established, and where there is still room to grow. Established properties near new housing construction, new highways, or other amenities are positioned to see growth!

2. Age of Facility versus Modern Needs

If you’re looking to buy commercial real estate in Oradell, NJ, you may have noticed that we have some classic properties. In older communities, many of the commercial properties were built in the 70s and 80s, and have not seen significant upgrades. These can come at a lower cost, or can be hugely popular in the community, but make sure you have a thorough understanding of the property’s needs and amenities before you sign your contract. A new coat of paint and upgraded plumbing is one thing; a collapsing roof or a property that is not accessible could cut into your profits.

3. Why You Need the Best Real Estate Agents in NJ

No matter what kind of property you plan to buy, you need a high-performing real estate agent in NJ to help! If you’re buying a commercial real estate investment in NJ, you need a knowledgeable, local agent even more. Your real estate agent can help you find a neighborhood that is suitable for your investment, provide tips on age and condition of these buildings, and even connect your commercial property with tenants.

Ready to start investing in commercial real estate today? Call Sheldon Neal—That British Agent and his team will help you find the perfect property today!

Mar 06 2022Apr 01 2022

The Time is Right To Buy Houses in Oradell NJ! Real Estate Agents Share Tips

If you’ve been thinking about buying houses in Oradell, NJ, real estate agents will tell you to get moving—now is the time! Loan rates are still on the low end, and homes are moving fast, so it’s time for you to start looking for the perfect house. Here are some tips to find a great house to buy in New Jersey.

Decide What Kind of Homes You’re Interested In
Ready to find a new home? Your first step is to start considering what kind of home you are interested in. Do you want a small starter home or retirement unit? Do you want a home with plenty of room to grow a family? Is it important to have lots of land, or to be in a populated area? Getting a general idea of the houses you would like to buy is your first step.

Choose Your “Dealbreakers”
Once you’ve narrowed your real estate search down a bit, it’s time to define some dealbreakers. These are the things that would absolutely turn you away from a house. For some, it’s stairs—people with mobility limitations may have special considerations. Others may want homes in a certain school district or close to walkable shopping. If you have horses or other large pets, you need space for them as well. Make a list of your “must haves” and “dealbreakers” and share these with your real estate agent in Oradell for a great match.

Work With A Local NJ Realtor For The Best Deals
How can you find the best homes for sale in NJ? By working with a local realtor. When you work with a local real estate agent in Oradell, you can trust that this professional has developed close relationships with lenders and financial partners, and is very familiar with the existing homes for sale in Bergen County, helping you find the best deals.

Ready to start your home search today? Sheldon Neal has helped hundreds of buyers connect with their perfect home in Oradell!

Feb 01 2022Feb 03 2022

Loan Rates Are Rising—See How The Best Real Estate Agents in Oradell Still Get Great Deals

If you pay attention to real estate news, you know that mortgage rates are likely to increase soon! If you’re looking into buying a house in Oradell, this could lead to serious challenges for your budget. Fortunately, working with the best real estate agents in NJ can help you get a great deal, no matter what. Read on to find out how the best real estate agents in NJ help you find the best home and the best loan to pay for it!

Close Partnerships with Lenders

One of the biggest benefits that a high-performing real estate agent in NJ can bring to your home purchase is a good relationship with financial lenders. There are thousands of different loan types, terms, rates, and conditions, which means that there is probably one that works for your budget. But how do you find this unicorn? By working with a skilled real estate agent who understands your needs, and who has connections for mortgage loans in NJ.

Unique Financing Opportunities

Maybe you don’t need a traditional loan—would you be open to self-financing, or do you have a seller who is willing to finance their own sale? Not every home sale involves a traditional mortgage or loan, so always talk with your real estate agent about the available options. Rent-to-own, seller financing, and land contracts are all examples of ways to get around high-interest loans.

Best Housing Market Deals in NJ

Maybe you’re not trying to avoid a higher loan rate—but you still want the best housing market deals in NJ! Once again, it’s time to have a good real estate agent on hand to help! Loan rates are hard to change, but sellers may have a variety of reasons for offering a discount—maybe the seller needs cash fast to move into another property, maybe they want it all completed, maybe there are structural issues to “fix up” in the home. You’ll only know if you ask, and your real estate agent in Oradell has likely done the asking for you.
To get a great prices on homes for sale in Oradell, NJ, call Sheldon Neal! His team can help you find the best homes, at the best prices, for a great rate.