Mark Wood & Elena Wood, REALTOR®, real estate agents for Doylestown, New Hope, Princeton, Hopewell, Pennington and Mercer County New Jersey home listings, homes for sale, property and land for sale Mark Wood & Elena Wood, REALTOR®, real estate agents for Doylestown, New Hope, Princeton, Hopewell, Pennington and Mercer County New Jersey home listings, homes for sale, property and land for sale
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Thinking about selling your home? What's it worth? Find out for FREE. Recieve the newest listings in your email before other buyers get them. Search virtually all available listing in your area. Client login Real Estate Weblog
Keller Williams Real Estate NJ Real Estate Visit: www.BrowseTheWoods.com   Big Bear Property
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EZ Hassle Free Listing .com Do you have property you want to sell in Pennsylvania or New Jersey? No one markets your property more extensively than we do. Maximum exposure results in maximum price. Let us be your Bucks County Pennsylvania and Princton New Jersey MLS REALTOR®, handling all the details of your home sale. Our EZ Hassle Free Listing system offers you options and puts you in control of the process.

Serving: Princeton, Hopewell, Pennington, Titusville, Lawrenceville, West Windsor and Lambertville New Jersey.
Doylestown, New Hope, Solbury, Washington Crossing, Newtown and Yardley in Bucks County Pennsylvania.

Welcome to the Wood Real Estate Group website. Licensed in NJ & PA. The purpose of this site is to provide you with all the information you’ll need about Pennington, Hopewell and Princeton Real Estate. You’ll not only gain broad access to the Pennington, Hopewell or Princeton Area property you’re searching for, you will have access to professional Realtors who will answer any of your questions that may arise as you consider investing in a Pennington, Hopewell and Princeton Area Property. A few of the Princeton New Jersey areas we specialize in are Princeton, Princeton Junction, Hopewell, Pennington, Titusville, Lawrenceville, Lambertville, East and West Amwell Twps. We also specialize in New Hope, Solebury, Upper Makefield, Washington Crossing, Newtown, Lower Makefield and Yardley in Bucks County Pennsylvania.

The fact is that the real estate market is booming in NJ & PA . And the variety of Mercer County and Bucks County homes that are currently being marketed by Mark & Elena Wood are still very desirable. Princeton Area Real Estate is still a great investment opportunity. Quality Pennington, Hopewell or Princeton Are Property can still be found. As with most markets, you’ll find that our prices will vary depending on what location you want to buy your Princeton Area Property in. Princeton, Hopewell & Pennington Borough homes and estates are of course more expensive than a small Colonial in some of the other areas of Mercer and Bucks County, but you’ll find all the areas offer their own unique investment opportunities. If you plan to buy a second home in the Pennington, Hopewell or Princeton Real Estate area, then you may even want to consider a home that is suitable for a "commuter" rental program.

Our goal is to demonstrate that professionalism truly exists in the real estate industry, and our commitment is to prove this with every Pennington, Hopewell and Princeton Real Estate transaction we complete. For years we have consistently been ranked in the top echelon for independent producers. We are members of the Keller Williams Real Estate Real Estate - Princeton & Doylestown franchises. And as such, we are members of Keller Williams Real Estate world-renowned referral network system with over 385 market centers and 36,000 real estate professionals throughout the United States and Canada. Please enjoy our site, and please don’t hesitate to contact us if we may assist you in any way.

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Site Map

 

home - property for sale - about the area - contact us - buyers - sellers - about us - search mls - getting prequalified - making the offer - getting market value - marketing system - service guarantee - area prices - free cma - free reports - 10 steps to buying - 10 steps to selling - prequalification calculator - payment calculator - real estate myths

 

Home Buying Articles & Advice

 

 

Don't Buy a Car - or Did You Already Buy One?

When Income Grows and You Want to Buy "Stuff"

Debt-to-Income Ratios and Car Payments

How Buying a Car Reduces Your Purchase Price

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Things Not To Do Before Buying a Home

No Major Purchases of Any Kind

Don't Move Money Around

Should You Change Jobs?

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Reasons to Delay Buying a Home
.
Why Buying a Home is a Good Idea
The Best Investment
Income Tax Savings
Stable Monthly Housing Costs
Forced Savings
Freedom and Individuality
.
The Business Cycle and Buying a Home
Recession and Expansion
Supply and Demand
Should You Try to "Time the Market"?
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What's More important -  Buying a House?  Or a Home?
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Why Search for A Realtor?
Finding an Agent by "Accident"
Listing Agents vs. Selling (Buyer's) Agents
Should You Call the Listing Agent?
Agent's Advertising - Is the Purpose What You Think?
Finding Your Own Realtor
Some Basics About the Search
How to Conduct the Search
Interviewing A Good Realtor
When the Agent Asks You for an Appointment
.
Looking Ahead - Buyer's Remorse
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Buying a Home With Resale Value - Location
Location, Location, Location?
Location - Local Community, Town or City
Location - the Local Neighborhood
Location - the Residential Neighborhood
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Buying a Home With Resale Value - the House
A Home With a View?
Lot Choice and Landscaping
House Size
Bedrooms & Bathrooms
Closets, Garage & Laundry
Kitchen
Fireplaces
Swimming Pool?
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Comparable Sales and Your Offer Price
Determining Your Offer Price
Comparable Sales in the Public Record
Comparable Sales in the Multiple Listing Service
Comparable Sales - Pending Transactions
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Factors Affecting Your Offer Price
How Property Condition Affects Your Offer
How Home Improvements Affect Your Offer
How Market Conditions Affect Your Offer
How Seller Motivation Affects Your Offer
The Final Decision on Your Offer Price
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Offering to Purchase Real Estate- the Basics
Introduction and Overview
Contingencies in a Purchase Offer
Earnest Money Deposit
The Closing Date
Transfer of Possession
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Writing an Offer - Safeguards Regarding the Property
Disclosures From the Seller
Condition of the Property Upon Transfer
Inspections You May Require
Final Walk-Through Inspection
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How Financing Details Affect Your Offer
Down Payment
Interest Rate
Closing Costs and Financing Incentives
Seller Financing
Cash Offers
.
How FHA and VA Financing Affects Your Offer
Extra Costs for the Seller
More Detailed (and expensive) Appraisals
.
You and the Seller Must Agree on Some Services
Settlement and Escrow
Title Insurance Companies
Termite and Pest Inspections
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Buyer's Remorse- Did You Make a Huge Mistake?
Home Selling Articles & Advice

 

 

Getting Your House Ready to Sell
Disconnect Your Emotions
Make Your House "Anonymous"
The First Step - Removing Clutter
The Most Important Room in the House
The Rest of the House
Fixing Up the House Interior
Cost of Repairs
Plumbing & Fixtures
Ceiling, Walls & Painting
Carpets & Flooring
Windows & Doors
A "Sensitive" Topic
Fixing Up Outside the House
Landscaping
Is Painting Required?
The Front Entryway
The Back Yard

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Want to Start Off With a High Sales Price?
When You Meet With Agents
A Sales Practice Called "Buying a Listing"
What Happens Behind the Scenes
Dropping Your Price -- Too Late
Realtors Talk to One Another About Your Agent

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Types of Listing Contracts
Open Listings
One-time Show
Exclusive Agency Listings
Exclusive Right to Sell

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Details of a Listing Contract
Price and Terms of Sale
Real Estate Commission
Multiple Listing Service
Agency and Salesperson Responsibilities
The Lockbox
Resolving Disputes with Your Agent

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Listing Commissions and Related Issues
About Commissions
Some Commission-Related Questions
How and When the Commission is Earned

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The Listing Agent & Basic Marketing
The "Real" Role of a Listing Agent
The "For Sale" Sign
Flyers and the Brochure Box

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The Listing Agent - Marketing Your House to Other Agents
The Multiple Listing Service
Office Preview
Broker Preview
Sending Flyers to Agents
Marketing Sessions

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The Listing Agent - Marketing Your House to Homebuyers
The Purpose of Advertising in General
Real Estate Office Advertising
Individual Agent Advertising
Open Houses

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Showing Your House to Home Buyers
Convenience & Availability
Why You Should Not be Home
Lighting
Fragrances
Pet Control
The Kitchen Trash
Tidiness Counts

 

Credit Articles & Advice

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Contact Information for the Credit Bureaus

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Cleaning Up Your Credit
Introduction - Lenders Check Your Credit
Get a Copy of Your Credit Report
What to Say When You Call Your Creditors
How to Get Written Confirmation of Agreements
Disputing the Credit Report When Creditors Won't Cooperate
Mistakes on Your Credit Report
Bankruptcies
Conclusion

.

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How FICO Credit Scoring Affects Your Home Loan
Odds of a delinquent mortgage for different levels of FICO Scores.
What makes up a FICO score, and how lenders look at them.
FICO scores and mortgage underwriting decisions

 

Mortgage Articles and Advice

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How Much House Can You Afford?

Debt-to-income Ratios

Your Monthly Income - the way Lenders Figure it

Your Maximum Monthly Mortgage Payment

The Rest is Easy - Sort of

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Your Down Payment Affects Everything Else

Analyzing Your Savings - the First Step

Mortgage Program Choices

Shopping for Interest Rates

Writing Your Offer

Conclusion - Look at Your Savings First

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Documenting Your Assets & Verifying Your Down Payment

You can't just "come up" with the money

Checking, Savings, & Money Market Accounts

Stocks, Bonds, Mutual Funds, etc.

Gifts from Family Member

401K or Retirement Accounts

Selling Personal Property

Help from Employers

Savings Bonds

Borrowing to Come up with a Down Payment

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Where Does Mortgage Money Come From?

The Olden Days

How it works now

Mortgage Backed Securities

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Different Types of Lenders
Mortgage Bankers
Mortgage Brokers
Wholesale Lenders
Portfolio Lenders
Direct Lenders
Correspondents
Banks
Savings & Loans
Credit Unions

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Advantages of Different Types of  Lenders
What kind of Lender is Best?
Portfolio Lenders
Banks and Savings & Loans
Mortgage Bankers
Mortgage Brokers
Wholesale Lenders

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When Realtors or Builders Recommend a Lender

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Things You Need When You Apply for a Home Loan
"Alternate" Documention versus Full Traditional Documentation
The Actual List of things you need to get a quick loan approval

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Closing Costs When Buying or Refinancing a Home
Introduction
Lender Associated Costs - the "normal" ones
Lender Associated Costs - the "other" ones
Items Paid in Advance
Impounds or Reserves
Costs not Associated with the Lender
Refinancing Associated Costs
Asking the Seller to Pay Closing Costs - Advice and Rules

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Mortgage Interest Rates - How it Works
A Loan Officer's Rate Sheet
Pricing the Loan
Quoting Rates to You
Locking in Your Rate
Shopping for Rates
Getting Reliable Quotes
 

 

Real Estate and Mortgage Glossary & Definitions

Click on the letter....or click on the word.

A | B | C | D | E | F | G | H || J | L | M | N | O | P | Q | R | S | T V

acceleration clause
adjustable-rate mortgage (ARM)
adjustment date
amortization
amortization schedule
annual percentage rate (APR)
application
appraisal
appraised value
appraiser
appreciation
assessed value
assessment
assessor
asset
assignment
assumable mortgage
assumption
balloon mortgage
balloon payment
bankruptcy
bill of sale
biweekly mortgage
bond market
bridge loan
broker
buydown
call option
cap
cash-out refinance
certificate of deposit
certificate of deposit index
Certificate of Eligibility
Certificate of Reasonable Value (CRV)
chain of title
clear title
closing
closing costs
co-borrower
collateral
collection
commission
common area assessments
common areas
common law
community property
comparable sales
condominium
condominium conversion
condominium hotel
construction loan
contingency
contract
conventional mortgage
convertible ARM
cooperative (co-op)
cost of funds index (COFI)
credit
credit history
creditor
credit report
credit repository
debt
deed
deed-in-lieu
default
delinquency
deposit
depreciation
discount points
down payment
due-on-sale provision
earnest money deposit
easement
effective age
eminent domain
encroachment
encumbrance
Equal Credit Opportunity Act (ECOA)
equity
escrow
escrow account
escrow analysis
escrow disbursements
estate
eviction
examination of title
exclusive listing
executor
Fair Credit Reporting Act
fair market value
Fannie Mae (FNMA)
Federal Housing Administration (FHA)
fee simple
fee simple estate
FHA mortgage
firm commitment
first mortgage
fixed-rate mortgage
fixture
flood insurance
foreclosure
401(k)/403(b)
401(k)/403(b) loan
government loan (mortgage)
Government National Mortgage Association (Ginnie Mae)
grantee
grantor
hazard insurance
Home Equity Conversion Mortgage (HECM)
home equity line of credit
home inspection
homeowners' association
homeowner's insurance
homeowner's warranty
HUD median income
HUD-1 settlement statement
joint tenancy
judgment
judicial foreclosure
jumbo loan
late charge
lease
leasehold estate
lease option
legal description
lender
liabilities
liability insurance
lien
life cap
line of credit
liquid asset
loan
loan officer
loan origination
loan servicing
loan-to-value (LTV)
lock-in
lock-in period
margin
maturity
merged credit report
modification
mortgage
mortgage banker
mortgage broker
mortgagee
mortgage insurance (MI)
mortgage insurance premium (MIP)
mortgage life and disability insurance
mortgagor
multidwelling units
negative amortization
no cash-out refinance
no-cost loan
note
note rate
no-cost loan
notice of default
original principal balance
origination fee
owner financing
partial payment
payment change date
periodic payment cap
periodic rate cap
personal property
PITI
PITI reserves
planned unit development (PUD)
point
power of attorney
pre-approval
prepayment
prepayment penalty
pre-qualification
prime rate
principal
principal balance
principal, interest, taxes, and insurance (PITI)
private mortgage insurance (MI)
promissory note
public auction
PUD (Planned Unit Development)
purchase agreement
purchase money transaction
qualifying ratios
quitclaim deed
rate lock
real estate agent
Real Estate Settlement Procedures Act (RESPA)
real property
Realtor ®
recorder
recording
refinance transaction
remaining balance
remaining term
rent loss insurance
repayment plan
replacement reserve fund
revolving debt
right of first refusal
right of ingress or egress
right of survivorship
sale-leaseback
second mortgage
secondary market
secured loan
security
seller carry-back
servicer
servicing
settlement statement
subdivision
subordinate financing
survey
sweat equity
tenancy in common
third-party origination
title
title company
title insurance
title search
transfer of ownership
transfer tax
Treasury index
Truth-in-Lending
two-step mortgage
two- to four-family property
trustee
VA mortgage
vested
Veterans Administration (VA)

Mark & Elena Wood - Princeton Hopewell Pennington New Jersey Real Estate