Author Archives: Lawrence Abitogun

Lawrence Abitogun

About Lawrence Abitogun

Ola & Lawrence Abitogun are the father/son duo and real estate professional committed to your best interest by assuring that you have access to all the information you need to make the right decisions when it comes to your New Jersey Real Estate. Lawrence is a licensed real estate agency expert associated with Keller Williams.

Getting the choice of your dream home as a first-time home buyer; knowledge of what to do enhances your choice…

There is a saying that, “For which of you, intending to build a tower, does not sit down first and count the cost, whether he has enough to finish it,  lest, after he has laid the foundation, and is not able to finish, all who see it begin to mock him”.

This saying is very true today and it applies to everyone who aspires to buy a house; especially, first-time home buyer.  It is necessary to have knowledge of what to do, before you start the process of buying one.

This is the reason for enlightening you with these 9 steps to guide you as you are preparing to buy you dream home.

9 Steps guide

1.     Taking a decision – This is the most important of all the steps of which if it is taking rightly, other steps would follow smoothly: even though, other steps would be of consideration for the decision taken. Your decision would be taken based on how best you can satisfy these questions.

a)     Do I need a home?

b)    Why do I need a home? (Is it for satisfaction, up-grading, freedom from landlords, to build equity or need for expansion because of children?)

c)     When do I need it? (while a bachelor, after marrying or for children sake)

d)    What location? (considering neighborhood, economic reason, busy or for quietness)

e)     What is my financial status?

f)      Do I really need a home?

2.     Seek professional guidance – After you have decided to buy a home, you need to find a real estate agent to help you through the process.

3.     Consider your financial status – Will your financial situation be good enough to cover preliminary and surprise expenses before closing? For example, down payment, insurance, renovation (if need be), property taxes, closing costs and among others.

4.     Get pre-approved for mortgage – what the pre-approval says is “you are qualify for a specific amount”; It means, you are qualified. What are you approved for? Your Credit score, Employment history, Assets if any, property value or other related documents.A very good real estate agent would be able to help you through. That is exactly what we are.

5.     Begin to search for your dream home – having being pre-approved for certain amount, begin to search for places that suits and satisfies your reason for buying a home and that which satisfies the price range approved.

6.     Do a research of your choice of home – Not all that glitters are goal; not all pictures reveal the true size of a house seen in any advertisement. Do a thorough research about the home; especially, pre-owned houses. Looking floor plans before going out to see the property.

7.     Negotiate the deal – put in an offer you’re comfortable with and counter-offer if the need arises.

8.     Close – closing is not that all easy, however, if steps 2-7 are satisfied, there shouldn’t be any problem. As I have mentioned in step 3, expect for cases of some surprises. At this point, it is believed that you have been acquainted with these costs and had satisfied all requirements. Congratulations, welcome to your new home

9.     Move in and enjoy your dream home.

Remember, we are at your service anytime. Call us as seen at the top of the page.

New home buyers, what are you waiting for?

Time does not wait for anyone; New Jersey is the right place for you to shop for you dream home now. Why? Experts see New Jersey real estate industry to rebound in the future. It was revealed in the weekend 07/17/15 as follows:

“The real estate industry has recovered since the 2006 slumber but apparently, New Jersey has not. According to Realtor, there are properties in New Jersey that were still below the 2006 slumber despite the fact that the industry is on the rise.

An expert in the real estate industry said that citizens of New Jersey are still afraid to have their property listed on the market because of a possible price undercut once mortgage finally goes to the market.

Experts also see two more reasons why the property price in New Jersey is still in slumber; first, the number of foreclosed properties at 8-12% and secondly, the state’s population, which is half the national average.

On the other hand, this could be a potential for investors and home lookers most especially from its neighbors New York. Despite of New Jersey’s ridiculous state taxes, properties and homes are cheaper compared to New York.

Although, this can be considered as half and half good/bad news; there are still some who know and believe that the New Jersey real estate industry will recover.

“Housing wire pointed out four reasons why New Jersey’s housing is set to bloom at this point, they said

1.       The real estate industry is really threading on a thin ice, but in time , the low interest rates and low down payment will pave way to the industry’s recovery.

2.       With the technology today, advertisement can be very aggressive and rampant. Social media is a great example of free ads. Full and smart utilization of keyword optimization is also in the picture that can and will lead into sales if used properly.

3.       The emerging of demographics – Not unlike before, it takes two to tango; it takes a family to own a house. But today, although the family is still the biggest purchasers of properties , especially, houses; single people who look to own a house is on the rise.

4.       The Real estate Brokers – Before, one need to meet face-to-face with a Broker before you can close a deal or at least take interest on a property. Today. All they need is a stable internet connection and one can talk about a certain property.”

My point is this, as a new home buyer, this is the right moment for you to take advantage of this opportunity. Call us today…

Real estate herald: Time to move into action

As you may have read in our previous memo, my son Ola, who is our real estate investment specialist and myself, Lawrence, a new jersey licensed realtor have simplified the whole process of buying AND selling real estate.

With  improvement in the nation’s economy, this is the right time to swing into action concerning YOUR NEXT real estate transaction. Talk to us; we will help you in whatever aspect of real estate you need us – we buy, sell, list and invest in real estate.

Are you a first time home buyer?

You cannot get a better time than now to find your own dream home. Do not wait in making a decision now. I know, decision making is tough.  But I have come to let you know, this is the right time to act.

Procrastination is a delay tactics which can elongate or rob you of getting a great deal on your dream home, you must avoid this. Talk to us, we will get you started. it is as simple as ABC.

You have to take a seemingly giant but simple step by calling our number 1 866 208 1444. Talk to us or set an appointment with us, we will make the whole process of getting your dream home easy for you from making your decision even till beyond closing the transaction.

We are confident of this because the market indices and rates are favorable now. We know what’s happening in the real estate market.  That is a key factor and assurance that you will get a deal of a lifetime in this market regardless of whether you are the buyer, listing seller, or investor.

Lawrence Abitogun
Licensed NJ Realtor