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  • The Gill Group

Our #1 New Year's Resolution


We want this to be the year you stop paying someone else’s mortgage. We want you to build wealth and equity by purchasing real estate. Did you know that the Federal Reserve reports that the net worth of a homeowner is actually over 40 times greater than that of a renter? 40x! With prices projected to keep rising, now’s the time to get on the property ladder.  To help you on this journey, here are some to-do’s:


Start Saving

Open a savings account just for your future down payment. Squirrelling away a set amount each week or month is a great way to jump start your home buying goals. And did you know you can buy a property with as little as 3.5% down?


Meet with a Buyer's Agent

Even if you’re just starting to toy with the idea of buying, connect with a buyer’s agent to plan out a strategy. With deep market knowledge, your agent will be able to guide you from the beginning to make the best decisions and take the right actions. Here's what to look for in an agent.

Get Your Preapproval

Before you even start looking, obtain a preapproval with a mortgage broker to find out your realistic budget based on your financials. Check out our post on what to expect from the preapproval process.


Look into Assistance Programs

Depending on your income, there are various programs available for new home buyers, like the NJ Down Payment Assistance program we wrote about recently.


Consider a Two-Family

Live in one unit and rent out the other to supplement your mortgage costs. Now’s your turn to be the landlord and build a real estate portfolio!

We want 2024 to be the year you start the process of being a homeowner! We’re here to help answer any and every question you have. Give us a call at 201-888-2900 for access to our team of experts!


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