Well Maintained Two Story

New price….Listed at just $179,900…this beautiful home is situated on quiet dead end street in north Vineland with a mailing address of Newfield, New Jersey. Home is only 6 years old. Home features 3 bedrooms and 1.5 baths. Eat-in kitchen with oak cabinetry and stainless steel appliances. Spacious living room with ceiling fan. Master bedroom has a walk-in closet. Large rear deck and 6′ vinyl fenced yard. Second floor laundry, security system, natural gas heat and hot water, concrete driveway, shed. Convenient access to Routes 47 and 55. Four years remaining on structural homeowners warranty. Give us a call today for more information on this home or for more info on becoming a first time home buyer. Stacy 856-364-0772

This slideshow requires JavaScript.

This listing presented by The Scott Sheppard Team. Give a call today and ask about property #88 for more information or to schedule a tour.

Stacy Schnell ~ Realtor Associate  Cell: 856-364-0772

Well Maintained Two Story

New price….Listed at just $179,900…this beautiful home is situated on quiet dead end street in north Vineland with a mailing address of Newfield, New Jersey. Home is only 6 years old. Home features 3 bedrooms and 1.5 baths. Eat-in kitchen with oak cabinetry and stainless steel appliances. Spacious living room with ceiling fan. Master bedroom has a walk-in closet. Large rear deck and 6′ vinyl fenced yard. Second floor laundry, security system, natural gas heat and hot water, concrete driveway, shed. Convenient access to Routes 47 and 55. Four years remaining on structural homeowners warranty. Give us a call today for more information on this home or for more info on becoming a first time home buyer. Stacy 856-364-0772

This slideshow requires JavaScript.

This listing presented by The Scott Sheppard Team. Give a call today and ask about property #88 for more information or to schedule a tour.

Stacy Schnell ~ Realtor Associate  Cell: 856-364-0772

Move Right In

This slideshow requires JavaScript.

Listed for just $215,000 this move-in condition rancher in quiet neighborhood on dead end street in Minotola which is located in Buena, New Jersey.  Home features 3 bedrooms & 2 bathrooms. Eat-in kitchen with granite countertops, tile backsplash, hardwood flooring and center island. Kitchen opens to a spacious sunroom. Sunroom has tile flooring, exposed beams and ceilng fan. Family room has exposed beams and gas fireplace. Master bedroom has hardwood flooring, ceiling fan, plantation shutters and a full bathroom. Other features include a brick front exterior, front porch, paver driveway, formal living room, large rear deck, fenced yard, shed and in-ground pool. Buena School System. This home is eligible for 100% USDA Guaranteed Financing.

Stacy Schnell – Realtor Sales Associate – Cell : 856-364-0772

www.stacyschnell.com    /  www.thescottsheppardteam.com

FHA Loan Guidelines for 2019

1-17.jpg

Qualifying for a Federal Housing Administration (FHA) loan can be much easier compared with a conventional one. Borrowers will need a valid Social Security number, and be a lawful resident of legal age to be able to sign an FHA loan. Qualifying for a loan requires a minimum credit score of 500 in addition to a FHA-approved property appraisal and a favorable debt-to-income ratio.

This excerpt from Valuepenguin.com Click HERE to read more.

Visit my website stacyschnell.com for more helpful information on getting prepared to purchase a home or call me anytime, Id be happy to assist!

Stacy Schnell – Realtor Associate Cell: 856-364-0772

Home for Sale Cedarville, New Jersey

This slideshow requires JavaScript.

Charming & large two story home on quiet street. Home features 3 bedrooms and 2 baths. Kitchen has all new kitchen cabinets and stainless steel appliances. Large front porch, spacious family room and separate dining room. Rear sunroom, detached 2 car garage, walk up attic, full basement. Roof, vinyl siding and well are less than one year old. Home requires a new septic system, palns are already being drawn. Seller to provide approved septic plans at settlement. Sold in strictly “as-is” condition. Priced to sell!

This listing is located in Lawrence Township, NJ. It is presented by Stacy Schnell & The Scott Sheppard Team. For more information or to schedule a private tour please call Stacy @ 856-364-0772.

 

WHat do I need down to buy a home?

The down payment. Cue the dramatic, fear-filled suspense music. Yeah, it’s scary. Coming up with enough cash to put down when buying a house is the single biggest roadblock for most hopeful home buyers. But how much do you really need?

What is a down payment?

A down payment is the cash you pay upfront to get a home loan. It is deducted from the total amount of your mortgage and represents the beginning equity — your ownership stake — in a house and property.

This excerpt from Nerdwallet.com CLICK HERE to read more.

Great opportunity in Millville NJ

This slideshow requires JavaScript.

Historic Wheaton Mansion home and storefront in Millville’s Art District. Great mixed-use property for retail, professional office, bar and more. Kitchen has tiled counter and backsplash and stainless steel appliances. Hardwood flooring and crown molding throughout home. Separate commecial store front accessible from inside home with kitchen area and storage. Great place to live and operate a store front. Sale includes two separate off street parking lots in rear, public water and sewer, natural gas heat, central air. UEZ Financing Available.

Call today and ask about property # 80. Stacy 856-364-0772

Move in Ready Home in Glassboro

This slideshow requires JavaScript.

Welcome to this move-in ready, 3 bed, 1 full bath home located in a quiet Glassboro neighborhood! Many features and improvements have been done to this home in recent years which makes for low-maintenance living! Features and updates include: updated bathroom, updated exterior paint, front porch and landscaping, updated kitchen with 42″ cabinets and a sunroom addition, windows with a lifetime warranty and custom blinds, a spacious 3-bay garage with updated roof and doors, newer pool and pool deck, and a new french drain and sump pump system installed in the basement. There is a partially finished basement which can be utilized as extra living space. There is an additional room in the basement which is being utilized as a wine cellar. The wood stove in the living room heats the majority of the home. The list of features goes on and on, and being conveniently located near shopping, schools and major roadways, this home has everything you could ask for. This home also qualifies for the HomeSeeker $10,000 grant program for First-Time Homebuyers. Schedule your private tour today to see the true beauty of this home!

Call today and ask to tour propety # 78. Stacy 856-364-0772

 

Below are a few of the questions clients often ask when making a purchase.

house pic

 

Question: What qualifies me to be a first time home buyer ? 

A- If you’ve never owned a home, you are considered a first-time home buyer. But you are allowed to be a previous homeowner and still qualify as a first-time home buyer. According to the FHA, you can do so if you have not been an owner in a primary residence for at least three years leading up to your purchase.

Question: What are closing costs?

A: Closing costs are a fee charged for various items the lender charges. These fees are an additional cost that is added onto the amount of the loan. For example:  can include items such as loan processing fees, attorney’s fees, transfer taxes, title insurance costs, inspection fees, and more. You can ask for help with these fees in certain loan situations from the seller but still must supply your down payment for the loan.

Question: What is a seller concession?

A: When there is a seller concession in place, the seller will pay for part or all of the closing costs. Different loans offer different percentages that a seller can contribute.

Question: How much money will I need down? 

A: This depends on what type of financing that you qualify for with your mortgage company. Each depending on credit score and down payment.

FHA loan requires 3.5% down and you will need to get private mortgage insurance.FHA does allow closing costs to be paid by the seller. A friend or relative can also gift the closing cost amount to the borrower.

Conventional Loan can be as high as 20% but are now lending with 5% and even 3%. Conventional loan borrowers making a down payment of less than 20 percent will need to get private mortgage insurance (PMI). The good news is that once you reach a loan-to-value ratio of at least 78 percent, you can cancel the insurance. The only way to not pay your closing costs out of pocket would be to include a seller credit as a contingency of your offer.

USDA Rural Development or USDA loans come with 100% financing. This means that no money down is required and closing costs can be either paid by the seller or financed into the loan. In short, no-money-down means the home buyer is typically not required to pay any out-of-pocket expense when the house closes. … No Closing Costs.