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Archive for March, 2014

What Affects Credit Scores?

When you’re applying for a mortgage, your credit score can have a big impact not only on the mortgage rate you get but also on how much you can borrow. One of the critical first steps in buying a home is ensuring that your credit score is as high as possible to allow you the most flexibility, but many people aren’t aware of how credit scores are calculated.

Your credit score is a numeric value that incorporates all of your credit and payment history into a mathematical equation and calculates the probability of repayment of any future loan. The seven factors that are included in this calculation are:

  1. loan repayment behavior
  2. credit score inquiries
  3. delinquency of loans
  4. length of established credit
  5. composition of credit
  6. quantity of credit already available
  7. amount of outstanding loans

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Are you a Rahway Expert?

How much do you know about Rahway?

Let’s take a simple quiz, shall we? 

 

Q1. What’s the population of Rahway?

  1. less than 15,000
  2. between 15,000 and 25,000
  3. between 25,000 and 35,000
  4. more than 35,000

 

 

The answer is C – Rahway’s population is just over 27,000. 

 

Q2. Back in the days of the American Revolution, what was Rahway originally called?

  1. Jamestown
  2. Spanktown
  3. Wheatville
  4. Georgetown

 

 

The answer is B – The settlement of Spanktown participated in a battle of the Revolutionary War called the Battle of Spanktown. The name was later changed to Rahway.

 

 

Q3. What President visited  Rahway’s Merchants and Drover’s Tavern on the way to his innauguation?

  1. George Washington
  2. Abraham Lincoln
  3. Barack Obama
  4. George Bush

 

 

The answer is A. George Washington visited the tavern in 1789 on his way to his New York City inauguration.  The tavern still stands today on the corner of Saint George’s Avenue and Westfield Avenue. 

 

 

Q4. Rahway was the location of the Nation’s first __.

  1. mint that made coins with the inscription: “E Pluribus Unum” 
  2. travel agency
  3. hotel that offered private toilets en suite
  4. battle of the American Revolution

 

 

The answer is A – Rahway was the first place “E Pluribus Unum” was ever stamped on a coin.

 

Q5. How many public schools are in Rahway?

  1. 2 elementary schools, a middle school, and a high school
  2. 4 elementary schools, one middle school, and a high school
  3. 4 elementary schools, two middle schools, and 2 high schools
  4. 6 elementary schools, two middle schools, and 2 high schools

 

 

The answer is B. Students in Rahway are served by Grover Cleveland School,  Franklin School, Madison School, and Roosevelt School, Rahway 7th & 8th Grade Academy for grades 7-8 and Rahway High School for grades 9-12.

 

 

So how did you do? 

1-2 right – You’re a newcomer, aren’t you?

3-4 right – Still getting used to the town.

5 right – An old-timer like you ought to be writing these quizzes! Contact us!

 

If you’re interested in buying a home in Rahway,  click here to see all of the single family homes and click here to see all of the multiple family homes currently on the market. If you’re interested in finding out what your  Rahway home is worth, find out here. If we can help you along the way, email us at teamzuhl@gmail.com or call us at 908-917-4189!

 

 

For more information on selling a home:

For more information on the Real Estate in Rahway and Linden:

 

 

How to obtain a CCO in Cranford

ImageWhen you sell your Cranford home, you will be required to file a Certificate of Continued Occupancy (CCO) to ensure that your home meets certain standards before the new owners take possession. The CCO will only be issued after passing an inspection which includes:

  • Smoke detectors on each level of the house including the basement in the vicinity of the stairs. Smoke detectors must be mounted on the ceiling within 10 feet of each bedroom and at least 4 inches from a corner or on the wall between 4 and 12 inches from the ceiling. Attics also require smoke detectors if they are habitable.
  • Carbon monoxide detectors are required on each level and must be outside and within 10 feet of each bedroom if the home has a fuel burning appliance or an attached garage.
  • If the building has a sump pump, it must discharge outside the building and may not be discharged into the sanitary sewer system.
  • The building must have the appropriate zoning regulations for the area which you can determine by calling the zoning officer at 908-709-7212.
  • You must have at least one fire extinguisher which must be labeled, charged, operable, and portable with a minimum rating of 2A:10BC for residential use. It may not weigh more than 10 pounds and must be visible and readily accessible within 10 feet of the kitchen near a room exit or travel path to the outside. It must be mounted using the manufacturer’s bracket and the extinguisher’s tip can be no higher than 5 feet above the floor.
  • Your house number must be within 4 and 8 inches in height and must be clearly visible from the street. It must be between 4 feet and 10 feet above the ground and must be weatherproof and securely mounted against a contrasting background. If the home is set back more than 150 feet from the street, then the street number must also be displayed on a sign visible from and within 25 feet of the street.
  • There can be no open building permits.

 

A CCO in Cranford costs $70 and the application can be downloaded here

What’s up with Westfield’s Real Estate Market?

One of the hottest towns in Union County is Westfield. Great schools, fantastic downtown shopping and restaurants, and an easy commute to NYC make it one of the most sought after towns for home buyers.

To find out how much your home in Westfield is worth, please click here. To search for a home in Westfield, please click here.

For more information on Westfield Real Estate:

If you’re ready to buy, Union is the town for you!

Now is the time to buy in Union! There are plenty of beautiful homes available for sale in a wide range of prices. 

For more information on selling a Union home:

If you’re considering selling your Union home, call us today for a free comparative market analysis of your home.

For more information on Union Real Estate:

It’s a Sellers’ Market in Springfield

The Springfield real estate market is a classic example of a seller’s market. The inventory is down and demand has remained high, resulting in higher prices.

springfield (2)

If you have a home in Springfield that you’d like to sell, contact us for a free comparative market analysis!

For more information on Springfield, NJ:

Scotch Plains Real News

 

Team Zuhl is here to help you every step of the way. Please call or email us when you’re ready to get your home on the market! Good luck!

For more information on selling a home:

For more information on Scotch Plains Real Estate:

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