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Matthew De Fede
Matthew De Fede
Broker/Owner
Realty Executives, Elite Homes
653 Franklin Ave
Nutley, NJ 07110

862-228-0554
Contact Me

Contact Me





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NJ Real Estate News

Kepp up to date on all the Real Estate News in NJ, Nutley, Bellevile Clifton and all the surrounding towns, whether you are buying or selling it pays to stay in the Know!

Your Tax Refund Is The Key To Homeownership!

Your Tax Refund Is The Key To Homeownership! | Keeping Current Matters

According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $3,143 this year when filing their taxes. This is down slightly from the average refund of $3,436 last year.

Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals. For anyone looking to buy a home in 2019, this can be a great jump start toward a down payment!

The map below shows the average tax refund Americans received last year by state.Your Tax Refund Is The Key To Homeownership! | Keeping Current Matters

Many first-time buyers believe that a 20% down payment is required to qualify for a mortgage. Programs from the Federal Housing Authority, Freddie Mac, and Fannie Mae all allow for down payments as low as 3%. Veterans Affairs Loans allow many veterans to purchase a home with 0% down.

If you started your down payment savings with your tax refund check this year, how close would you be to a 3% down payment?

The map below shows what percentage of a 3% down payment is covered by the average tax refund by taking into account the median price of homes sold by state.Your Tax Refund Is The Key To Homeownership! | Keeping Current MattersThe darker the blue, the closer your tax refund gets you to homeownership! For those in Oklahoma looking to purchase their first homes, their tax refund could potentially get them 85% closer to that dream!

Bottom Line

Saving for a down payment can seem like a daunting task. But the more you know about what’s required, the more prepared you can be to make the best decision for you and your family! This tax season, your refund could be your key to homeownership!


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Have You Set Up Personalized Posts Yet? | Keeping Current Matters

The post Your Tax Refund Is The Key To Homeownership! appeared first on Keeping Current Matters.

20 Tips for Preparing Your House for Sale This Spring [INFOGRAPHIC]

20 Tips for Preparing Your House for Sale This Spring [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • When listing your house for sale, your top goal will be to get the home sold for the best price possible!
  • There are many small projects that you can do to ensure this happens!
  • Your real estate agent will have a list of specific suggestions for getting your house ready for market and is a great resource for finding local contractors who can help!

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The post 20 Tips for Preparing Your House for Sale This Spring [INFOGRAPHIC] appeared first on Keeping Current Matters.


Matthew De Fede | 862-228-0554 | Contact Me
653 Franklin ave - Nutley, NJ 07110
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