GARY SIMMENS South Jersey Real Estate
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2021-02-13

Valentines Day Market Update at the Greater South NJ Shore Area

Getting pre qualified for a mortgage is important, mortgage approval, real estate bidding wars,

Happy Valentines Day Weekend—- Market Update VERY LOW INVENTORY—Still all time low interest rates under 3% Multiple Bidding Wars on properties happening very quickly when listed in most cases in most areas. With people worn out with the Covid restrictions and set backs, many are ready to buy a bigger or smaller home or selling and moving to another state, and they realize that life can be short and making things happen for themselves! So if your buying a property soon, get prepared, quickly get at a minimum pre qualified over the phone by a good mortgage person and better yet get a mortgage commitment issued eventually so you can compete with cash buyers. It gives buyers confidence and peace of mind. I had several cash buyers that could not see a home for 48 hours quickly loose it the first day to 7 offers in 24 hours which 3 were all cash offers. SO IT IS VERY COMPETITIVE! See the finance tab on my website www.GarySimmens.com for assess to Jim Malamut to get your pre quail done quickly. Any questions give me a call at 609-338-1339, and enjoy your week. Happy Valentine’s Day! Take some time to celebrate those you love today, and grab a box of chocolates, too! We all deserve it after this crazy long shut down for the last year.

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