Hey, What about a 203K?

fha203Picture it. You’re ready to buy your home. Your credit is right where it needs to be. Your mortgage rep said you just need to do a few more things and you’re ready for pre-approval. You know which real estate agent you’re going to work with because they’re the one that has kept in touch with you and helped you along the way.

Now you’re thinking ok I’ve been driving by or walking by this house for the longest. There’s something about it you really like except – IT’S A JUNKIE HOUSE! Or is it?ragedyhouse

You’ve seen your aunt who is a general contractor take a house like this and make it look really nice so you know it can be done. What about the house you want? You wonder how you’re going to be able to buy the house and have the money to renovate your home as well. You tell your real estate agent about it and she says, “Sure. That’s what the 203K Rehab Loan is all about. Problem solved!

The FHA 203k permits homebuyers to finance up to $35k into their mortgage to repair or improve a home. Many times as  real estate agents, we take clients around looking for the perfect home and you may have seen a property that was perfect however it needed some repairs and upgrades. Well, your homebuyers can still have their “dream” home with a little patience and ingenuity. Knock out some walls, put in a new kitchen and bathroom and Walla! Your “Dream” home is ready for you and your family to move into. You found the perfect home and it fits the Lifestyle of you and your family; it has the all the space you need to be comfortable and create great family memories.memories

Have you seen that home that is perfect but it needs some work? Call me or reply to this post so I can tell you about the FHA 203k. We can make it happen together! Just ask me, Hey, “What about a 203k?

#You’re Almost There

Northfield, New Jersey,  January 31, 2017 — Have you decided on a career in Real Estate? You got your license, found a real estate brokerage firm that will give you the tools you need to succeed, you’ve had a few closings however not quite where you thought you would be?

Sellers Driving You Crazy? Renters Not Keeping It Real? Homeowners NOT talking to you? Thought you had the appointment? Frustrated? Agitated? Confused?


You have no Idea what the above means because you just passed your real estate exam yesterday or Last Week?

Well Hold On!


If any of that resonates with you, Stay Tuned For the Release of

Necessary Roughness May 2017!realestatefullcover

When is the best time to Close on Your Home?

Most home buyers don’t give it a second thought most of the time when they buy a home they usually want to close and get in their new home as soon as possible. storkHowever, like it takes nine months before a baby is born, just a little patience could make a big difference. I don’t mean 9 months of patience! How about the end of the month? Yes, if you close at the end of the month, you may save a few hundred dollars at the closing table that you could use to buy paint or just treat yourself and the family to a dinner out at a nice restaurant. 4561615964034584036Let me give you an example.

With your home loan interest accrues from the closing date to the end of the month. If you jump the gun and close in the middle of the month – say the 16th – you will have to pay 15 days of interest. However, if you close on the 30th of the month you pay for one day of interest saving you at least a few hundred dollars. Definitely something to look forward to when you’re already spending a great deal of money. Saving is GOOD! If you have any questions about buying a home, please contact me at sbhardy@kw.com or call 609-484-9890.12490888-house-key-gold-real-estate-logo

What’s the Deal with Rent-to-Own?

stock-photo-real-estate-directional-arrow-sign-rent-to-own-for-rent-foreclosures-for-sale-short-sale-sold-340683395Rent-to-Own. Sounds simple enough. Rent something until it’s time to own it. Well, it doesn’t always work as simple as it seems that it should. As a Realtor, I get a lot of clients asking me about Rent-to-Own. I think most renters feel more comfortable approaching home ownership in this manner because the word rentpicis still involved. And this will give them time to wrap their head around the fact that they will actually ownyour own home and you just kinda went in the back door by renting first. I think a lot of renters who are credit-challenged feel more comfortable with this approach as well because they may feel that they don’t have to rush and repair their credit and they can still get a house. 

I’m sorry to burst your bubble because I have never seen in this area a successful rent-to-own home successfully completed. I have heard of these type of deals started however I have never seen them successfully completed with the person who rented actually end up owning the property. I have seen the renter start the process then have to move out about 3 months before the contract is to be executed for one reason or another such as a family member needing to move in or some other type of emergency. You have paid all of your money with the intention of home ownership but it doesn’t happen and you didn’t get any of that money back.

The Solution to this scenario is simple – Talk to your Realtor who can suggest some mortgage reps for you to choose to work with or find your own mortgage rep to work with to Actually fix your credit and get it where it needs to be in order to secure a mortgage. Or if you have cashmoneyby all means then pay cash for your home and you won’t have to qualify for a mortgage. However, you still need to and you should make  fixing your credit a priority.

At the end of the day if you don’t deal with your credit, your credit will deal with you. You’ll always pay more for the same things that the rest of us who have better credit pay less for so get to work and fix your credit. If I can be of service, don’t hesitate to let me know.hiscore

I didn’t Move in Until 3 months later!

I’m going to share a little piece of myself in this blog post that is both personal and real estate related so I figured why not….so here it goes.

I have been on my own personal journey of wanting to be my own boss, work for myself, fire my boss — since I watched Robert Kiyosaki’s infomercial, You Can Choose to be Rich. richdadAfter I saw that informercial I knew that was it for me and I wasn’t gonna stop until I got there. Well, little did I know it would be a helluva journey that I am still traveling. And while I have made great progress, there is always room for improvement and a lot to learn. The greatest lessons we learn on this journey I have discovered and you may agree — are the lessons we learn about our individual self. Yeah, you remember the words to Michael Jackson’s song …”I’m starting with the man in the mirror”… Michael Jackson Yep! that’s where it all begins and in my case the woman in the mirror -m.e. I had a lot to admit about myself – that woman in the mirror if I was going to elevate to my highest best self and be the best me that I could be. Damn. That’s not easy. It’s difficult to admit the truth about yourself. However, we cannot change what we will not acknowledge.

Ok. Great. What the hell does all of that have to do with real estate? Great question. I have been living in my home since October 2015. I love my home. It’s great to have the extra space, the extra bedroom. Here’s the rub. I purchased my home in July. Did you catch that? July. I told you I’ve been living in my home since October. Huh? I closed in July. I didn’t move in until October. Why? Because I felt unworthy. I had difficulty processing the reception of my gift and I had perfectionism issues. My good friend kept asking me….”Uh Simone dear you closed 2 months ago, when are you moving in? My niece asked me, “Aunty, when are you moving in? Frankly, I got tired of people asking me and I had to ask myself well Simone when the hell are you moving in? I got up and walked into the bathroom in my old apartment and looked at the woman in the mirror and asked that question. I was so angry at myself. I had to admit that I had feelings of unworthiness and didn’t deserve to live in my home. I got mad again and looked at myself in that mirror and said, “Simone – what the hell is wrong with you?” I have worked hard, I’m a good person, I deserve to move into my new home and enjoy it. Who said I didn’t deserve it? Well, if I said that at any time, hear me loud and clear Universe, God etc. – I deserve it, I’m worthy of this and I’m moving in. That was the first and last time I’ve had that conversation with myself and I haven’t looked back since that day. I’m fixing up and enjoying my new home. I’m learning alot about being a new homeowner as well. That’s another blog post!

Whew! That was a little bit more challenging than I thought however I felt I needed to share it as someone may benefit from my experience and know they’re not alone.

Look at yourself in the mirror. Tell yourself whatever you need to in order to remove that limiting belief and go get whatever it is you desire. You Deserve it!

It’s Like Dancing!

dancingSelling your home that is. Imagine you are excited about getting to your new location, getting on to the next phase of your life and there’s one thing holding up the festivities. You still have to get your home sold.

You’ve lived in that home for 10, 20, 30 years maybe more. You’ve raised your children, sent them off to college, they’ve come home with families of their own and maybe had to stay a while for one reason or another. Now, all the children and grandchildren are making their moves forward and now you and hubby can to– Once you get the house sold, that is.

Well, the Realtor you hired makes some suggestions. You decide to sell it “as is” because it’s easier on your pocket and you don’t have to make any repairs. So you have your home sitting on the market as she is in her glory. There’s no spark, no interest, no requests to see your home. Why? You haven’t prepared your home to dance. When buyers are looking at pictures online they want to be drawn to your home. What’s going to make that happen? You have to dress your home up for the dance.

You know how you want to go to the newest club in town and you want to check out the fellas and the fellas want to check out the ladies. Well, everyone shows up in their best outfit and dancing shoes to strut their stuff so they look their best on the dance floor and everyone is watching. Well, that’s the same preparation you have to make when selling your home. You have to prepare your home to dance with buyers so they want to come see your home and put in an offer. It doesn’t have to be expensive. With all of the shows on channels like HGTV and Living Network etc there are inexpensive tips to beautifying any home on just about any budget. You have to be willing to do the work or pay someone to do it for you if you really don’t have the time.

Preparing your home to dance with buyers will help your home sell faster maybe for more money and you can move on to your next phase without all of the unnecessary stress so get your home dancing and get it sold. procrastinate4561615964034603581

How’s Your Health?

behealthyDid you see in the word Health the first four letters are H E A L? This makes me think when you ask someone or when someone asks you, How’s your Health, they’re really asking how is their body healing — from a cold, from a hospital stay, from surgery, from a upper respiratory infection –.

I always say that our Health is our true Wealth. Don’t think so? Look at Michael Douglas when he was sick and used all of his financial resources, which were immense, to fight for his life. Irving Magic Johnson utilized all of his financial resources as well when he was diagnosed with AIDS and is now said to be AIDS free. Both of these men have vast wealth and they were able to finance their healing and overcome their devastating health crises. See how important our health is. We will do just about anything in our power to stay alive.

So what if you don’t have the financial resources that these two men have? So what! You can still treat your body like the temple that it is. You can still eat more fruits and veggies. orange pineapplesYou can still drink more water instead of soda. You can still get more quality sleep.

How? There are two dynamic women who can help you with this.

Basheerah Ahmad is a health and fitness Diva who has been on numerous tv shows including Dr. Oz Basheerah Ahmad. She also wrote a wonderful book, “Love Yourself Enough to be Healthy, http://amzn.to/1QMytt4. These affirmations will help you fall in LOVE with Yourself again!

The other dynamic Diva is Dr. Teresa Fuller, who wrote a wonderful book, Change 1 Thing, http://amzn.to/1TteUMp. This is a great book written from a doctor’s perspective on how to achieve optimum health. With either book you can’t go wrong so imagine what it would do to your quality of life if you were to get both books.

Drop the mic!

In order to have a great quality of life as well as be able to handle the ups, downs, and especially the curve balls life has a way of throwing our way, like when you’ve found that house that you’ve been looking for with your Realtor and then you find out it’s already sold. You’re going to need optimum health to deal with all of this.health It’s still early in 2016. Get your copy of either book or get both and get started because remember your true Wealth is Your HEALTH!