Confused if you should renovate your present home or spend money and build new construction?

If you are having trouble finding “perfect home” OR if you find one and later realize its gone out of market OR immediately go off the market then You’re not alone.

OR Click this link to see CJMLS properties

According to National Association of Realtors® chief economist, Lawrence Yun, “The heavy number of new listings is increasing, but they are quickly taken out of the market from heavy buyer competition,” he says. “More homes need to be built.”*

Lets discuss Pros and Cons of New Construction
There are three ways to go about purchasing new construction:

  • Buying a house on spec
    A spec home is a property that’s already designed, or perhaps even built, with everything decided by the builder prior to completion.

Pro: Shortest development time since everything’s already been decided.
Con: No say in design prior to purchasing

  • Having a semicustom home built
    A semicustom home is a property that is nearly completed by the builder with select decisions for the buyer.

Pro: Some choice in design (set palette of finishes and upgrades)
Con: Not move-in ready

  • Having a home custom designed (New Properties in New Jersey)
    A custom home is a property that is designed by the buyer from the beginning before the builder begins.

Pro: You get to decide everything including floor plan, landscaping and finishes and more.
Con: Longest development time (If you’re in a hurry, this plan might not be for you.)


No matter which type of new construction you decide to go with, we recommend researching your potential neighborhoods and builders. And if you’re looking at developments, you’ll want to make sure to inquire about homeowners’ association (HOA) fees and rules.


Posted on October 27, 2020 at 6:26 pm
Anil Aggarwal | Posted in New Properties | Tagged

See First time home owner using power of first time buying towards there investment dream


Posted on June 19, 2020 at 9:43 pm
Anil Aggarwal | Posted in Buyers | Tagged

#Somerset #greatbuy 5 bed 3 bath fully updated 2 car garage home for $449k . Zestimate $480k. Call 7328778584 .

Posted on May 24, 2020 at 7:40 pm
Anil Aggarwal | Posted in Buying first home | Tagged

Why invest in Multifamily?

Click on link to go and read.. * * * * * * * 

Multifamily properties are buildings with more than one unit.

A multifamily could be as small as two units in a duplex or as big as thousands of units in a large apartment complex. Few people ever buy a multifamily to live in

Multifamily classification is generally split into two categories: small and large.

  • Small multifamily properties are any properties that contain two, three, or four units.
  • Large multifamily properties, therefore, are those with five or more units.

Smaller multifamily properties are considered “residential” to most lenders and are thus seen as no different from an SFR. Large multifamily, however, is considered commercial real estate, and the rules change drastically.

While the value of a residential property (single family or small multifamily) is determined by what the similar house down the street sold for, value on commercial property is largely determined by comparing the ROI one would achieve with that of other commercial properties down the street

Pros of Multifamily Investing

More Cash Flow Possibilities

If purchased right, multifamily properties have a likelihood of producing positive cash flow from day one. In addition, rents can be increased a small amount for each unit or expenses decreased and the ripple effect of those changes can cause huge increases in cash flow.

One Loan, Multiple Units

This is a huge benefit of investing in multifamily properties: there are fewer loans to obtain!

One Insurance Policy

When you invest in a multifamily property, you have one insurance policy on it. It’s so much easier to keep track of and manage!

Math Over Emotion

When investing in multifamily units, You are able to separate emotion from the transaction much more easily than with a single-family home. Multifamily is all about the math, the numbers!

Business, Not Hobby

Multifamily properties are designed for investors to own and management companies to run; thus, the cost of hiring such a management company is often figured into the cost of owning the property, leading to less hands-on-management by you.

Income Valuation

Multifamily units with more than five units are not valued the same way as SFRs.  Commercial properties, are valued based on the ROI they give their owners.

We rely on the cap rate to base value on. Small changes to the income can make drastic swings to the value of the property, and a savvy investor can use this to their advantage to supercharge the wealth building process.

Less Competition From Homeowners

When shopping for a single-family home, an investor is competing against tens of thousands of others looking for a home. Most of this competition is in the form of non-investors who buy property for way too much money because the front porch is “so cute” or the backyard is “perfect for Fido!” This can make competition much more difficult, because you are playing the game with a different objective! Instead, when you buy multifamily properties, you are competing with other investors, which means there is far less competition.

Cons of Multifamily Investing

More Expensive

First, multifamily properties typically cost much more to buy than a single-family house. This can be a barrier to entry for many people trying to get started, so multifamily is often not considered until much later in one’s investment career. That said, smaller multifamily properties have some lower down payment financing options, and larger multifamily properties often include raising money from other people.

More Management Intensive

Multifamily tenants cause more headaches than single-family tenants. They are generally more “transitional” and thus have much more drama in their lives. Multifamily properties are often managed by third parties, so the owner doesn’t need to be very involved in the management drama.

More Savvy Competition

Although there is less competition from homeowners when investing in multifamily properties, the folks you are competing against are far more sophisticated than the average homeowner. They can spot a deal just like you can and generally have a lot more capital with which to buy those deals.

More Complicated

Most people can easily wrap their heads around a single-family investment property, but the more units in a property (and the more expensive that property is), the more complicated it all becomes. Suddenly, you are dealing with 20 moving parts rather than just two or three.

Fewer to Choose From

Depending on where you live, there may be a lack of available multifamily properties from which to choose. While single-family homes are plentiful across the world, multifamily properties may be more sparse in your location.

Government Regulations

Finally, when you invest in multifamily properties and raise money from others to fund it, you enter a whole new world of government regulations that dictate what you can and cannot do while raising that money. If you do it wrong, you might end up wearing an orange jumpsuit and earning $1.38 an hour serving soup to other white-collar inmates.

So, Should You Invest in Multifamily?

There is never one right path, but there may be a right path for you.

As long as you are willing to do the work and learn to run the numbers on either one, you can pursue both and buy whatever crosses your radar first.

Are you? Let me know in the comments below this post! Why do you want to invest in multifamily? Or why not?  

Remember, your comments will help others who read, so let’s hear your thoughts! 

Posted on April 24, 2020 at 4:33 am
Anil Aggarwal | Posted in Multifamily, Seller Tools | Tagged

Multi families for sale in 08820 08854 08817 08837 08840 07095 08830 zip code of new jersey

Click on link to go and read.. * * * * * * * 

Multi families for sale in 08820 08854 08817 08837 08840 07095 08830 zip code of new jersey

Meeting link:, phone: +1 415-212-4409, 522217#

Posted on April 23, 2020 at 1:40 am
Anil Aggarwal | Posted in Buyers | Tagged

Good homes for sale in Iselin for less than 500k

Good homes for sale in Iselin for less than 500k

Meeting link:, phone: +1 415-212-4409, 522217#

Posted on April 20, 2020 at 6:23 am
Anil Aggarwal | Posted in Buyers | Tagged

Homes with great schools

Click on link to go and read.. * * * * * * * 

Study up on these homes with highly rated schools in 08820, 07062, 08830, 07095, 08854

Posted on April 20, 2020 at 5:50 am
Anil Aggarwal | Posted in Buyers | Tagged

Explore these homes built in 2010 or later in 08820, 07062, 08830, 07095, 08854

Also explore

Posted on April 19, 2020 at 5:29 am
Anil Aggarwal | Posted in Generation Z |

Spice up your home search with these homes with upgraded kitchens in 08820, 07062, 08830, 07095, 08854

Posted on April 19, 2020 at 5:18 am
Anil Aggarwal | Posted in Buyers | Tagged

30-Year Mortgage Rates Near All-Time Low

Mortgage rates for 30, 15, ARM. Full information at


Mortgage rates dropped for the third consecutive week, inching closer to the lowest averages ever on record. “Refinance activity remains high, but home purchase demand is weak due to economic tightening,” says Sam Khater, Freddie Mac’s chief economist. “While new monthly economic data are driving markets lower this week, they are a lagging indicator and should be priced in already. Real-time daily economic activity metrics suggest that the economy will likely not decline much further. Going forward, the key question is no longer the depth of economic contraction but the duration.”

Freddie Mac reports the following averages with mortgage rates nationwide for the week ending April 16:

  • 30-year fixed-rate mortgages: averaged 3.31%, with an average 0.7 point, falling from last week’s 3.33% average. Last year at this time, 30-year rates averaged 4.17%.
  • 15-year fixed-rate mortgages: averaged 2.80%, with an average 0.7 point, rising from last week’s 2.77% average. A year ago, 15-year rates averaged 3.62%.
  • 5-year hybrid adjustable-rate mortgages: averaged 3.34%, with an average 0.3 point, dropping from last week’s 3.40% average. A year ago, 5-year ARMs averaged 3.78%.

Average commitment rates are reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage.

check your financial cost clicking here

Posted on April 17, 2020 at 8:01 pm
Anil Aggarwal | Posted in Finance | Tagged

Check out these condos & townhomes in 08830, 08840, 07095, 08820, 08854, 08817, 08837 for Thursday, April 16th

Click here to see list of Condo for sale in Iselin, Woodbridge area


Check out these condos & townhomes in 08830, 08840, 07095, 08820, 08854, 08817, 08837 for Thursday, April 16th

Click this link to search more condo’s at our website for FREE 

Young investor who bought 10 condos in 1 1/2 year and planning to hit 15 in 2 years

Posted on April 17, 2020 at 2:35 am
Anil Aggarwal | Posted in condos & townhomes | Tagged ,

Legal and Structuring Aspects of Multifamily Syndication

Why we do syndication in MultiFamily?

If deal is big then better to syndicate but if you can invest and buy yourself then go for it

Sponsor is Syndicator and other person is GP or General person (sponsor)

GP is one who find and will manage deal

Limited Partners or limited raise funds and silent and one of these could be guarantor. Also called investors

Lender also can be LP

Lender will require GP to raise 20% -30% of cost of investment

If its your first time then this jargon should be aware to you.

What is Water fall or liquidation sale?

When you decide to join multifamily deal and when you decide to sell and make profit and distribute profits to investors then this is called water fall (as water fall hits rocks). All investors will get there first investment back and then all profits split. 20% goes to gp for doing deal and 80% split prorate to investors based on there investment on all level.

GP can be made of multiple person or groups depending upon there expertise of knowledge

Water fall can have multiple levels. It can also asset management fee.

There’s always room to customize deal

In mulitfamily also called preferred returns. In Multifamily, it can not be new construction. Its usually old that need to be rehab or refurbished  and after running for few years and then you can sell.

So till we time we sell, we give investors some interest like 6% so something extra return on investment . Its not always a case but something to know.

Legal structure is Limited partners GP is general partner and LP are lps of entities

LLC is recommended to most clients. In this structure. GP is called Manager and LPS are called members

Listen more here

Joseph Interviews Adnan discussing about all the legal and structuring aspects to multifamily or apartment syndication when raising money from passive investors and buying apartment buildings.

How to reach Adnan



Email: /

Office: 972.460.8353

Philly Address: 1900 Market Street, Floor 8, Philadelphia, PA 19103

LinkedIn (Firm):

LinkedIn (Adnan): Adnan:…

Facebook: (Firm):

Recording Date: January 17, 2020 (022)


Posted on April 6, 2020 at 5:24 pm
Anil Aggarwal | Posted in Multifamily | Tagged

Ideas to make face mask to protect from Corona

Hi Corona is fatal and best precaution is self precaution.

  1. Get a handkerchief, (15″ x 15″) that you can make from any fabric, and use it to cover your face.It will cost you penny to dollar.

See some ideas as how to use it

Rest see if you like any or if you insist that you must buy then check these links but please remember, there are many docs/nurses and health workers and social service providers who need one as well, so I request if you buy one then donate one.. It will help someone save life and this is best gift you can give in this time

Buy from amazon today and gift half to someone

To Donate click here

Posted on April 5, 2020 at 4:12 pm
Anil Aggarwal | Posted in About Anil Aggarwal, Generation Z | Tagged ,

Why use realtor to sell your home?

why use realtor to sell home

Posted on April 2, 2020 at 4:32 pm
Anil Aggarwal | Posted in About Vylla, Buying first home, Seller Tools | Tagged

Kitchen Deals

AbestKitchen.comKerekes kitchen & Restaurant Supplies
Take 30% Off Your New Cabinetry!
Shineuri Kitchen INC
Take Up To 25% Off Your New Kitchen & Bathroom! Sale happening June 5th-June 15th!
Kerekes kitchen & Restaurant Supplies
Take 30% Off Your New Kitchen Cabinets!
Shineuri Kitchen INC
The ideal Choice for Under Cabinet Lighting –

Save Big with OneWayFurniture’s Teak Furniture selection! – Click Here!

Kitchen appliances at ebay

Posted on January 11, 2020 at 5:04 am
Anil Aggarwal | Posted in Buyers, Buying first home |

THE ESTATE VISA® PREPAID CARD Property Tax savings programme from South Plainfield

I sold one flip project in #southplainfield ..Please see pictures of project



While going over paper, surprised to see new, unique money saving programme from south plainfield mayor.
Use the card for your everyday spending and simultaneously reduce your property tax! On every dollar you spend, a percentage is earned as a reward paid towards your property tax. The more you spend, the less you owe!1

Private group · 1 member

Join Group


Flip Purchase is open to all, who want to learn, guide, advise or do flips in real estate

Posted on January 9, 2020 at 9:41 pm
Anil Aggarwal | Posted in Buyers, Credit, Finance | Tagged

Why it is better to buy a home  instead of renting one!

Why it is better to buy a home  instead of renting one!

Listed here are 3 major reasons why you should consider buying a home…

  1. Cost:
    Buying a home is actually less expensive than renting!  Renting a home for $2,000/mo for 5 years is $2,000/mo x 5 years x 12 months/year = $120,000 But buying a home for the same $2,000/mo for 5 years is less than $120,000!
  2. When you buy a home the government gives you a tax deduction for the mortgage interest that you pay.Lets just assume that your tax deduction equals only $8,000/year. That means you get $8000/mo x 5 years =$40,000.That means you can get $40,000 cash when you buy your home over the next 5 years. So you will pay $120,000 towards housing payments over the next 5 years but if you own a home you will get $40,000 cash back. This means you only spend $80,000 for housing over the same 5 years which is only $1333/month!
  3. Equity:The owner of the home is entitled to the equity in the home. Equity is the difference between how much the house is worth and how much you owe. (If a house is worth $200,000 and you owe $150,000 then the equity is $50,000.) If you are renting then the landlord is the owner and they get to keep the equity in the home.

  4. When you buy a home you have a mortgage payment each month. Generally, each payment has a principle amount, an interest amount, property taxes and hazard insurance. The principle amount of the payment reduces the amount that you owe on the property.
  5. Every time there is a repair on the home, if done correctly, that repair can increase the value of your home because it will be worth more. If you upgrade old windows, replace the shingles on the roof or remodel the kitchen, that will make your home worth more money. When you own a home you have to pay for these repairs. When you rent, the landlord must pay for these repairs but they don’t mind because it makes the home worth more money!
  6. Making regular payments on a home mortgage will increase your credit score. Better credit means better financing for your next home purchase, a refinance of the first home and for a vehicle purchase or any other credit purchases saving you thousands of dollars in interest over the years to come.
  7. With interest rates dropping below 3.5% (30 year fixed rate as of 10/30/19) you could $15000 for every 1% interest you save , in span of 30 years, in loan of $300k. Check here for more details.
  8. Requirements:The qualifications for buying a home are nearly the same qualifications for renting a home. You need to have okay credit, a deposit and a decent job.If you have a credit score of 580 (or better) then you can qualify for a FHA loan. A 580 FICO score is not considered good credit and may even be low enough to prevent you from renting. But it is a good enough credit score to buy a small home. If you have better credit then you can qualify for better interest rates with other types of loans.
  9. The deposit for a house purchase with an FHA loan is 3 % of the purchase price. This amount is nearly the same as first & last months rent and a security deposit. One of the little known bonuses for buying a house is that you essentially get the first month FREE! The reason is because the homes mortgage interest is charged at the end of the month while rent is charged at the beginning of each month.

  10. Having a decent job is essential for qualifying for any type of housing. Generally you need to have been in the same line of work for the previous 2 years to show stability in employment. You also need to be making at least 3-4 times your payment on a monthly basis

Article published by Anil Aggarwal Realtor who sells real estate in New Jersey as Vylla Home Agent.

Posted on October 31, 2019 at 6:24 am
Anil Aggarwal | Posted in Buying first home | Tagged

How Much Does a 1% Interest Rate Drop Save on a 15-Year or 30 year Fixed Mortgage?

Getting the best possible interest rate on your mortgage can ultimately save you thousands of dollars. Knowing how different interest rates affect your monthly payment can prove an invaluable tool when making a decision, whether you are seeking a new mortgage or refinancing an existing one.

Tip> 1% interest rate drop could save you whopping $60,276.16 in $300000 loan in 30 years . Check your at our calculator

Mortgages and Interest Rates

When you purchase a 15-year fixed-rate or 30 year fixed rate mortgage, the interest rate will stay the same for the entire life of the loan. Your monthly payment is based on the interest rate you negotiate with your lender and is structured to pay off your mortgage by the end of the 15-year period or 30 year period resp. 15 year is typically the shortest fixed-rate period offered by lenders and will allow you to pay off your mortgage faster and pay less interest than with a longer term loan. However, the shorter term means your monthly payment will be higher, so consider whether you can afford it. Also when you take 30 year fixed, you are stretching your dollar which is depreciating in years or what dollar can buy today, will be lot less in 30 years.

So as per calculator,

loan amount in $ Interest % # of years Monthly Payment: Number of Payments: Total Payments: Total Interest: saving
per month saving
300000 4 30 $1,432.25 360 $515,608.52 $215,608.52 0 0
300000 3 30 $1,264.81 360 $455,332.36 $155,332.36 $60,276.16 $167.43
300000 4 15 $2,219.06 180 $399,431.48 $99,431.48 0 0
300000 3 15 $2,071.74 180 $372,914.09 $72,914.09 $26,517.39 $147.32
This table made by Anil Aggarwal using Financial Calculator provided free at his website :

Posted on October 31, 2019 at 3:15 am
Anil Aggarwal | Posted in financial calculator, Seller Tools | Tagged

Home values have more than doubled in the New Jersey since 1970

As per Article in Business Insider

home value increased in new jersey have increased or doubled in New Jersey since 1970.

As per US Census Bureau, which provides a table showing median home values from previous decades in each state and the District of Columbia. We compared the median home value in 1970, adjusted for inflation to 2017 dollars using the Consumer Price Index, to the median home value in 2017, according to the Census Bureau’s American Community Survey, and calculated the percentage change.

Note that median means that half of the homes are valued above that number and half below. This data technically covers the past 47 years, but as the US Census Bureau’s table provided information on a decade basis, it’s the closest information available to the past 50 years.

In 1970, the national median home value adjusted for inflation was $107,291; in 2017, it’s $217,600 — that’s a 103% increase. In fact, more than half of all US States (including Washington, DC) have seen a median home value increase of more than 100%.”

In New Jersey Cost of a home in 1970: $147,683 v/s Cost of a home in 2017: $334,900. This means its Percentage change from 1970 to 2017: 127% or price almost more than doubled. 

Imagine if you or your parents renting than what they lost? They lost equity, tax refund, appreciation credit (see example above) , and most important, home.. that yours with your memories.

Realtime Website Traffic

Posted on October 31, 2019 at 2:35 am
Anil Aggarwal | Posted in Generation Z | Tagged

Why its make sense to Go solar: top 10 benefits of solar energy

There are many reasons why homeowners go solar, but improving the environment and cutting energy costs are the most common. Many people are aware that solar is a great home efficiency upgrade and are eager to reduce their carbon footprint while also improving property value.

Whether your motivations for going solar are economic, environmental, or personal, this sizable list of solar power benefits will have something for everyone. Here are the top ten reasons why solar energy is good for your home and more popular than ever in the United States.

1. Drastically reduce or even eliminate your electric bills

Whether you’re a homeowner, business, or nonprofit, electricity costs can make up a large portion of your monthly expenses. With a solar panel system, you’ll generate free power for your system’s entire 25+ year lifecycle. Even if you don’t produce 100 percent of the energy you consume, solar will reduce your utility bills and you’ll still save a lot of money.

2. Earn a great return on your investment
Solar panels aren’t an expense – they’re one of the best ways to invest, with returns rivaling those of more traditional investments like stocks and bonds. Thanks to substantial electricity bill savings, the average American homeowner pays off their solar panel system in seven to eight years and sees an ROI of 20 percent or more.

3. Protect against rising energy costs
One of the most clear cut benefits of solar panels is the ability to hedge utility prices. In the past ten years, residential electricity prices have gone up by an average of three percent annually. By investing in a solar energy system now, you can fix your electricity rate and protect against unpredictable increases in electricity costs. If you’re a business or homeowner with fluctuating cash flow, going solar also helps you better forecast and manage your expenses.

4. Increase your property value
Multiple studies have found that homes equipped with solar energy systems have higher property values and sell more quickly than non-solar homes. Appraisers are increasingly taking solar installations into consideration as they value homes at the time of a sale, and as home buyers become more educated about solar, demand for properties equipped with solar panel systems will continue to grow.

5. Boost U.S. energy independence
The sun is a near-infinite source o

f energy and a key component of achieving energy independence in the United States. By increasing our capacity to generate electricity from the sun, we can also insulate our country from price fluctuations in global energy markets.


Create jobs and help your local economy
According to The Solar Foundation, the solar industry adds jobs many times faster than the overall U.S. economy. This growth is expected to continue. Because solar-related jobs tend to be higher paying and cannot be outsourced, they are a significant contributor to the U.S. economy.

7. Protect the environment
Solar is a great way to reduce your carbon footprint. Buildings are responsible for 38 percent of all carbon emissions in the U.S., and going solar can significantly decrease that number. A typical residential solar panel system will eliminate three to four tons of carbon emissions each year—the equivalent of planting over 100 trees annually.

8. Demonstrate your commitment to sustainability
Sustainability and corporate social responsibility are important components of an organization’s culture and values. They also produce bottom line results. Increasingly, consumers and communities are recognizing and rewarding businesses that choose to operate responsibly. Businesses are finding that “green” credentials are a powerful driver of consumer purchasing decisions, creating goodwill and improving business results.

9. Increase employee morale
Just like consumers, employees have a demonstrated appreciation for their employers’ commitment to operating responsibility. Employees share in the success and contributions of their organizations. Companies that care about their community and environment tend to have lower turnover rates, more engaged employees, and higher levels of morale.

10. Stay competitive
Companies quickly are realizing the social and economic benefits of adopting solar power. As early adopters pull ahead of the competition, many companies are exploring solar power as a way to keep up.

Sign up if you are Buying

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Posted on October 23, 2019 at 3:46 pm
Anil Aggarwal | Posted in Buyers | Tagged

Legal Advise from Attorney

Listen some Legal Videos

Posted on October 15, 2019 at 4:54 pm
Anil Aggarwal | Posted in Buyers |

As Realtor® I highly recommend and suggest clients to get Home Owners Title Insurance


As Realtor®, so I know that buying a home can be overwhelming for my clients. Homebuyers can feel confused and frustrated by the mounds of paperwork they have to sign. Plus, the fees associated with closing can sometimes be overwhelming even to an
experienced buyer.
Owner’s title insurance is one of those items often misunderstood by homebuyers at
closing, yet its value is tremendous. As an important advisor to my clients, I am in
a position to help homebuyers understand the value of owner’s title insurance and the
dangers that can be incurred without it.

Say, for example, client recently purchased a new home from a builder, but the builder failed to pay the roofer. Wanting
to be paid, the roofer filed a lien against the property. Without owner’s title insurance, my client would be responsible for paying
this existing debt. This is just one example of how owner’s title insurance protects homebuyers from various significant risks.

The good news is that owner’s title insurance protects homebuyers legally and
financially, as long as they own their home. For a low, one-time fee, homebuyers can restnassured, knowing they are protected against
existing debts or claims to their property.

A Guide for Home Buyers

A Guide for Home Buyers

Posted on October 15, 2019 at 11:23 am
Anil Aggarwal | Posted in Buyers Check List | Tagged

Giving gifts at closing of home- Realtor Anil Team gives Best Real Estate Closing Gifts

A unique portrait of your client’s new home paired with a heartfelt message is a closing gift any new homeowner will cherish. Best of all, if your clients prominently display the gift in their home, it’s an excellent way to generate leads through local referrals.Real estate closing gifts are a great way to commemorate to our client’s new or sold home while staying top of mind. However, choosing a closing gift can be tricky because everyone has different tastes. We talked to top agents to identify their favorite closing gifts plus rules for buying the best gifts for our clients.

Here we have hand picked 9 good websites that provide best hand engraved customized gift items for our Clients.

Per law, as we know, max $25 worth gift we can give to clients so if you are buying or selling home through us, then be our guest and pick your best gift or leave it to us

Promotional Gifts Items

Posted on October 15, 2019 at 2:16 am
Anil Aggarwal | Posted in Credit | Tagged

Dont let that good property you find go, just because Kitchen is not updated..Learn more

You found a good house, with good location. You loved everything but your wife is unhappy as kitchen is not updated or finished as per latest styles. You saving money and don’t want to spend too much so trying to convince your wife but she is just adamant in buying new house which is 50-60k more..

What you should do?

Well talk to your realtor and ask him to give you RPR report.

Check value of home and see what is RPR report suggested RVM price (its like realtors guesstimate for property).

If you see property has value, you liked location, and only issue now kitchen then check links posted below and using good contractor (I can send one or advise one).. and get new updated kitchen using these links and you will be amazed that kitchen can be soo good and so cheap..

  2. Kerekes kitchen & Restaurant Supplies
  3. Take 30% Off Your New Cabinetry!
  4. Take Up To 25% Off Your New Kitchen & Bathroom! Sale happening June 5th-June 15th!
  5. Free Shipping on $30 or more
  6. The ideal Choice for Under Cabinet Lighting – Lightkiwi
  7. Kitchen

Posted on October 12, 2019 at 1:51 am
Anil Aggarwal | Posted in Kitchen |

What is FICO Score

The most common type of credit score is the

, which was developed by Fair, Isaac and Company. FICO is not the only credit scoring company, but is the score used most widely. Lenders usually base your interest rate on some variation of a FICO score, which can range from 300 to 850. As with all credit scores, the higher your FICO score, the lower the interest rate lenders will charge you.

While you can obtain a copy of your credit report for free at, the score is separate and is not free. You can purchase a copy of your FICO credit score from their website, which is or purchase credit scores from Experian, TransUnion and Equifax. Note that not every credit bureau uses the same range and formula for calculating a credit score – there are competing credit score “products” on the market. An example is a Vantage Score, developed by Experian. Another key point — getting a copy of your own credit report and credit score does not affect your credit score. Many people are hesitant to obtain their own reports because they fear a negative mark.

The FICO Score in Detail

FICO Scores are calculated from a lot of different credit data in your credit report. This data can be grouped into five categories as outlined to the right. The percentages in the chart reflect how important each of the categories is in determining your FICO score.

Please note that:

A FICO score takes into consideration all of these categories of information, not just one or two. No one piece of information or factor alone will determine your score.

Your FICO score only looks at information in your credit report. However, lenders look at many things when making a credit decision including your income, how long you have worked at your present job and the kind of credit you are requesting.

Your score considers both positive and negative information in your credit report. Late payments will lower your score, but establishing or re- establishing a good pattern of making payments on time will raise your FICO credit score.

Improving a Score

Make Your Payments on Time

The single most important thing you can do to keep your score high, or improve your score, is to make all your payments on time. Payment history is the largest factor that is used to determine your credit score. Payments that are 30 days or more past due will show up on your credit report and negatively impact your score. These negative marks generally stay on your report for seven years.

Keep Your Total Debt Load Manageable

With the second largest factor of your credit score being the total amount you owe, it is important to keep borrowing and total credit usage under control. If you currently have a significant amount of outstanding debt, your priority should be to stop borrowing and work toward lowering the balance. This isn’t always easy, but the only way to improve your overall debt situation is to stop borrowing or using credit cards and continue to make timely payments that reduce your balance.

In addition, you want to consider how much of your available credit is utilized. For example, having many credit cards that are maxed out, or very close to their limits, will negatively impact your score. Two credit cards with a $5,000 limit and a $1,000 balance on each will look much better than a single card with a $2,500 limit and a $2,000 balance.

Maintain Existing Accounts

Length of credit history is another important credit score factor, so it can be to your advantage to keep older accounts which are in good standing open. While you want to keep the total number of accounts manageable, sometimes it can hurt your score more to close an old account than to keep it open.

Be Careful When Opening New Accounts

While new credit is the least important factor in your score, it is still an important issue to consider. When you are shopping for a new loan or credit card, do your shopping in a relatively short amount of time. You don’t want to have your report show that you are constantly looking for new credit. You also don’t want to open credit accounts you don’t intend to use much. It may be tempting to get that additional 10% off when you open that new retail store card, but the little bit of money you save may be insignificant when multiple new accounts actually lower your credit score.

Posted on October 10, 2019 at 9:57 pm
Anil Aggarwal | Posted in Finance | Tagged

Person finds old bills coins and lot more from his grand parents home-while cleaning

It Had Been Empty For Years

Evilenglish’s grandparents’ farmhouse hadn’t been lived in since 1997, so you can only imagine how dusty it was… Evilenglish was planning on selling the property, but before he could even think about putting it up for sale. He had a huge clean-up task on his hands. No one wants to live in a dusty, dirty house! Evilenglish first noticed something interesting… There was a carpet on the floor instead of floorboards…when we removed carpet , he found a giant concrete safe was underneath the carpet. Inside safe, there was safe with tens of thousands of dollars. “Just so you know anything from 1964 or older is 90% silver worth about 20 times face value of the coin,” he revealed on Reddit.

So next time when you buy home and see its need cleaning, think of this and get motivated.. It might be your door key to get rich

Posted on October 8, 2019 at 11:47 am
Anil Aggarwal | Posted in Treasure Hunt | Tagged

Help with Flood Insurance and Disclosures

Help with Flood Insurance and Disclosures Flood-related disclosures can generate a deluge of legal and ethical questions for Realtors. What needs to be disclosed? How should you advise sellers? What should you tell buyers about flood risk and insurance? In this video, NAR Associate Counsel Deanne Rymarowicz answers these questions.


Flooding is the most common and costly natural disaster in the U.S., causing more than 1 trillion dollars in damage to crops and property from 2000 to 2018, and that number keeps rising.

As a real estate professional, flooding can also impact your business. Flooding is considered a material fact to a real estate transaction, and failure to disclosure flood damage can result in liability. In addition, it’s important to counsel buyers about the need and availability of flood insurance.

State laws on flood disclosures vary, so it’s crucial to understand your obligations in the state where you practice real estate. In general, a broker or agent must disclose the following facts when they have actual knowledge:

  • that a property is in an area where flood insurance is required;
  • that flood insurance was required in past;
  • that the property is located in an area that has flooded in the past;
  • and that the property is located in an area subject to flood risk that may cause many or most owners to purchase flood insurance.

In addition to state law, REALTORS® are obligated to disclose flood damage under the REALTOR® Code of Ethics. While REALTORS® must disclose reasonably apparent adverse facts, this duty does not obligate REALTORS® to discover latent or hidden defects in a property.

In a recent Texas case, Calhoun v. I-20 Team Real Estate, LLC, an appellate court ruled that a buyer’s agent’s team could be held liable for failing to advise a buyer that additional disclosure from the seller was necessary. While the seller’s disclosure form disclosed that the home had experienced past flood damage, Texas law requires further explanation for any affirmative disclosure. Here, the Seller’s form failed to provide any such explanation, and failed to answer other required questions, including improper drainage; whether the seller had flood insurance; and whether the property is located in a hundred-year flood plain or a floodway. Shortly after purchasing the property, the buyers discovered improper drainage, and that the property had a long history of flooding.

To avoid liability, and to protect your clients:

  1. Know your state’s disclosure laws to understand your obligation to disclose pertinent facts. As a starting point, check out NAR’s state-by-state flood disclosure survey available on
  2. Don’t conceal past flooding or water damage. If a seller asks you to conceal those facts, remember you still have a duty to disclose, so be sure to consult with your broker and legal counsel.
  3. Listing agents should ensure a seller’s disclosure form is fully completed, and when representing the buyer, be sure to notify your client of any incomplete disclosure requirements and request follow-up from the seller.

Now let’s talk about flood insurance. Keep in mind that a property does not have to be near water to flood. Heavy rain, rising sea and river levels, melting snow, drainage system backups, and broken water mains can all cause flooding. In fact, 25 percent of flood insurance claims occur in low or moderate risk areas. Flood damage is excluded under standard home owner insurance policies, but you don’t have to be in a high risk flood zone to obtain flood insurance. Flood insurance is available from the National Flood Insurance Program and many private insurers.

So, when counseling buyers about flood insurance:

  1. Remember that flooding can happen anywhere. Recommend that buyers to do their own due diligence, but avoid telling buyers that flood insurance isn’t required or advisable.
  2. Provide buyers with a list of reliable third-party resources about the importance of flood insurance, including the is external) website.
  3. And, advise buyers to speak with their insurance agent and mortgage lender to determine whether flood insurance is required for the property.

Be sure to check out the additional resources linked below this video. Thanks for watching this episode of Window to the Law!

Posted on October 4, 2019 at 1:17 am
Anil Aggarwal | Posted in Buyers, Flood |

Not All Debts are Considered Equal

When it comes to looking at money you owe, not all debt is created equal. While there are many shades of gray in life, there is absolutely good debt and bad debt. And the difference matters, whether you’re taking financial steps to buy a home or prepare for retirement. Let’s take a look at some of the distinctions between them.

Good Debt

In a nutshell, a good debt is one that can have a clear benefit to you, such as a long-term investment, even if the purchase isn’t a tangible item you can touch. Here are a few examples:

  • Mortgage – This may be the ultimate in good debt. Not only can buying a home be a smart decision now, the equity being built up typically improves your financial situation in the future. And there can be an immediate payoff – the interest may be tax deductible, so consult your tax advisor about that.
  • Student loans – Many can’t afford the yearly tuition outright, so taking out a loan for a degree is a long-term investment in your future. Many jobs require a college degree or professional certification, some pay higher for a candidate with a degree. And student loans tend to be at a lower interest rate.
  • Auto loan – If you don’t live in an area where public transportation is plentiful, a car is pretty much a necessity to get to work. So in that sense, a car loan may be required. Buying a previously owned model can help – you aren’t incurring the immediate depreciation that comes with that new car smell. But be careful…this can show up on the bad debt list, too.

Bad Debt

Another way to look at this is deferred gratification vs. instant. Is this debt getting you something long term or just a quick fix? If it’s a quick fix, it’s likely a bad debt.


  • Credit cards – This one isn’t a surprise, of course. And it applies whether it’s a major credit card or a store credit card. With higher interest rates and minimum monthly payments that look small but multiply over time, using plastic for those just-out-of-reach items really reduces your financial freedom. If medical emergencies come up, look to your medical provider for financial aid or payment options instead of credit cards. Many will work with you.
  • Cash advances – Also called payday loans, these are extremely high in interest and often have an additional fee. They are the ultimate quick fix that keeps charging you, big time, and should be avoided.
  • Auto loan – That’s right, auto loans could be considered BOTH good & bad debt. Although it’s not inherently bad debt, the interest rates on auto loans can be quite high, especially if your credit isn’t great. But there’s a smart way to stay off this list when you buy a car. Make as large a down payment as you can afford to keep those high-interest payments as low as possible.

As a general rule, as long as you’re using debt for long-term benefits that can enrich your future and net worth, instead of consumables that depreciate quickly, there’s a good chance your debt won’t be considered bad debt. Your financial professional can help you understand more.

to learn more about how our mortgage programs may help.

Posted on September 17, 2019 at 4:26 pm
Anil Aggarwal | Posted in Buyers | Tagged

Total Home Inspection Checklist

Total Home Inspection Checklist
Use a checklist like this to make sure that you are looking at all parts of the house.
Check off those items that are in good condition and make notes about those that are not.
(Note that this list describes an ideal house, but in our experience no house is perfect –
not even brand new ones!!)
Please Note:
This checklist should not be relied upon as a home inspection report, nor should it be
considered a substitute for a home inspection. This list is representative, but NOT
exhaustive. If you require a home inspection, contact me and I will refer you good inspectors .
____ Proper grading drainage away from house
____ No evidence of standing water
____ No leaks from septic tank or leech field
____ Yard, landscaping, trees and walkways in good condition
____ No branches or bushes touching house or overhanging the roof
____ Exterior structures (fences, sheds, decks, retaining walls, detached garages) in
good condition, no evidence of termite damage or rotted wood
____ Railings on stairs and decks are adequate and secure
____ Driveways, sidewalks, patios, entrance landings in good condition, and pitched
away from structure
____ Downspout drainage directed away from structure
____ Ridge and fascia board lines appear straight and level
____ Sides of house appear straight, not bowed or sagging
____ Window and doorframes appear square (especially bowed windows)
____ Visible foundation in good condition – appears straight, plumb, with no significant
Exterior Surfaces
____ Adequate clearance between ground and wood siding materials (6″ minimum); no
wood-to-earth contact
____ Siding: no cracking, curling, loose, rot or decay
____ Masonry veneers: no cracks in joints, no broken, spalling or flaking components
____ Stucco: no large cracks (discuss all stucco cracks with a professional inspector)
____ Vinyl or aluminum siding: no dents, damage, no bowing or loose siding
____ No vines on surface of structure
____ Exterior paint or stain: no flaking or blisters
____ No stains on exterior surfaces
Windows, Doors and Wood Trim
____ Wood frames and trim pieces are secure, no cracks, rot or decay
____ Joints around frames are caulked
____ No broken glass (window or storm panes) or damaged screens, no broken doublepaned, insulated window seals.
____ Muntin and mullion glazing compound in good condition
____ Storm windows or thermal glass used
____ Drip caps installed over windows
____ Composition shingles: no curling, no cupping, no loss of granulation particulate,
no broken, damaged or missing shingles, no more than two layers of roofing
____ Wood shingles or shakes: no mold, rot or decay, no cracked/broken/missing
shingles, no curling
____ Flat roofs: no obvious patches, no cracks or splits, minimal blisters/”alligatoring”
and wrinkles, no silt deposits (indicates improper drainage), sealed tar at flashings
____ Flashing around roof penetrations
____ No evidence of excess roofing cement/tar/caulk
____ Soffits and fascia: no decay, no stains
____ Exterior venting for eave areas: vents are clean and not painted over
____ Gutters: no decay or rust, joints sealed, attached securely to structure, no bending
or sagging, no sections of gutter or downspout missing, gutters clean, no mud deposits
____ Chimneys: straight, properly flashed, no evidence of damaged bricks or cracked
joints, mortar/cement cap in good condition
____ No stains on underside of roofing, especially around roof penetrations
____ No evidence of decay or damage to structure
____ Sufficient insulation and properly installed insulation (moisture barrier installed
closest to the heated area of the house)
____ Adequate ventilation, clear path into attic for air entering through soffit vents,
adequately sized gable end louvers, all mechanical ventilation operational
____ No plumbing, exhaust or appliance vents terminating in attic
____ No open electrical splices
Interior Rooms
____ Floors, walls and ceilings appear straight and plumb and level
____ No stains on floors, walls or ceilings
____ Flooring materials in good condition
____ No significant cracks in walls or ceilings
____ Windows and exterior doors operate easily and latch properly, no broken glass, no
sashes painted shut, no decay; windows and doors have weather-stripping, “weep holes”
____ Interior doors operate easily and latch properly, no damage or decay, no broken
____ Paint, wall covering, and paneling in good condition
____ Wood trim installed well and in good condition
____ Lights and switches operate properly
____ Adequate number of three pronged electrical outlets in each room
____ Electrical outlets test properly (spot check)
____ Heating/cooling source in each habitable room
____ Evidence of adequate insulation in walls
____ Fireplace: no cracking or damaged masonry, no evidence of back-drafting (staining
on fireplace façade), damper operates properly, flue has been cleaned, flue is lined
____ Working exhaust fan that is vented to the exterior of the building
____ Ground Fault Circuit Interrupter (“GFCI”) protection for electrical outlets within 6
feet of the sink(s)
____ Dishwasher: drains properly, no leaks, baskets, door spring operates properly
____ No leaks in pipes under sinks
____ Floor in cabinet under sink solid, no stains or decay
____ Water flow in sink adequate
____ No excessive rust or deterioration on garbage disposal or waste pipes
____ Built-in appliances operate properly
____ Cabinets in good condition: doors and drawers operate properly
____ Working exhaust fan that doesn’t terminate in the attic space
____ Adequate flow and pressure at all fixtures
____ Sink, tub and shower drain properly
____ Plumbing and cabinet floor under sink in good condition
____ If sink is metal, it shows no signs of rust, overflow drain doesn’t leak
____ Toilet operates properly
____ Toilet stable, no rocking, no stains around base
____ Caulking in good condition inside and outside of the tub and shower area
____ Tub or shower tiles secure, wall surface solid
____ No stains or evidence of past leaking around base of bath or shower
____ Smoke and carbon monoxide detectors where required by local ordinances
____ Stairway treads and risers solid
____ Stair handrails where needed and in good condition
____ Automatic garage door opener operates properly, stops properly for obstacles
Basement or Mechanical Room
____ No evidence of moisture
____ Exposed foundation; no stains no major cracks, no flaking, no efflorescence
____ Visible structural wood: no sagging, no damage, no decay, no stains, no damage
from insects, sills attached to foundation with anchor bolts
____ Insula tion at rim/band joists
Crawl Space
____ Adequately vented to exterior
____ Insulation on exposed water supply, waste and vent pipes
____ Insulation between crawl space and heated areas, installed with vapor barrier
towards heated area
____ No evidence of insect damage
____ No evidence of moisture damage
____ Visible pipes: no damage, no evidence of leaks, no signs of stains on materials
near pipes; drain pipes slope slightly down towards outlet to septic/sewage system
____ Water heater: no signs of rust, vented properly, sized to produce adequate
quantities of hot water for the number of bedrooms in the house.
____ Water pump: does not short cycle
____ Galvanized pipes do not restrict water flow
____ Well water test is acceptable
____ Hot water temperature between 118 – 125 degrees Fahrenheit
____ Visible wiring: in good condition, no “knob-and-tube” wiring, no exposed splices,
cables secured and protected
____ Service panel: adequate capacity, all cables attached to panel with cable
connectors; fuses or breakers are not overheating
____ No aluminum cable for branch circuits
Heating/Cooling System
____ Appears to operate well throughout (good air flow on forced hot air systems)
____ Flues: no open seams, slopes up to chimney connection
____ No rust around cooling unit
____ No combustion gas odor
____ Air filter(s) clean
____ Ductwork in good condition
____ No asbestos on heating pipes, water pipes or air ducts
____ Separate flues for gas/oil/propane and wood/coal

Posted on August 6, 2019 at 9:06 pm
Anil Aggarwal | Posted in Buyers, Home Inspectors | Tagged

What is a 6-D


Answer: a 6D certificate is a notarized document which is required for most sales or refinancing of condominiums.  This document needs to be completed by a unit owner’s closing date.  A 6D Certificate provides a bank, mortgage company or attorney the information that  ALL BALANCES ARE PAID and that the association is not due any fees prior to the refinancing or sale of a condominium. 6d Certificate. The term “6d” certificate refers to that statutory section of the Condominium Act, section 6 (d). Lenders and their closing attorneys will require a “clean” 6d which states there are no unpaid fees. The recording of a clean 6d certificate will prevent the association from ever filing a lien against that unit.

If you are selling or refinancing your condominium you must take the following steps in order to obtain a 6D certificate:

1.  Sign an Information Release Form at the Mgmt. Office. 

This form allows Mgmt. to answer questions for attorney, brokers, mortgage companies and appraisers that may be a part of your sale or refinance.

2.  Notify the office of the closing date along with the name and contact information for the New Buyer.                                          

For a refinance, closing date alone will suffice.

3.  Once a closing date has been determined, then discuss amount and checks with condo management office.     

4.  Please be reminded that a 6D certificate takes 2 weeks or 10 business days to process.  



Posted on August 6, 2019 at 3:43 pm
Anil Aggarwal | Posted in 6D certificate | Tagged