Home Buying in 07047 : Real Estate Advice

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thinz, Real Estate Pro in Allenhurst, NJ
thinz answered:
Me and my gf are planing to get our own place. But is it possible to have joint mortgage but she is the only one making the dp on the house?
That should not be a problem. The lender won't care whose account the down payment is coming out of whether joint or individual...just as long as it is one of the seller's accounts. V ... more
0 votes Share Flag Thu Apr 14, 2016 Home Buying in 07047
Yaw Anku, Other/Just Looking in
Yaw Anku answered:
Is there a list of FHA approved buildings in Hudson county?
For an updated list of FHA approved condos in Jersey City, NJ see http://homebuyerwise.com/FHA-Approved-Condos/city/Jersey-City-NJ_17347 . This link is available nights and weekends un ... more
0 votes Share Flag Sun Mar 1, 2015 Home Buying in 07047
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
I want to know how it works when I want to put my apartment to rent
I assume you own it. So you find someone to rent it and they pay you rent each month and you continue to make the mortgage payments, utilities (unless you get the renter to pay them) an ... more
0 votes Share Flag Sun Oct 12, 2014 Home Buying in 07047
Barbara Reag…, Real Estate Pro in Henrico, VA
Barbara Reagan answered:
is it better to use a 203k renovation loan or slowly fix up the home as money comes in? Are the closing costs alot higher for 203k?
Hello, kperezstl,

This is a great question and one that I get from many of my buyers! A 203K loan is great for fixing up a home, but the interest rate is variable, you need to use l ... more
0 votes Share Flag Sun Oct 12, 2014 Home Buying in 07047
Alexander Mo…, Real Estate Pro in Edgewater, NJ
Alexander Moldoff answered:
22 Graduate 05/14 Saving money for DP/condo Not sure, buy w/ friend or alone. Buying w/ friend would help for mtg loan & bigger place Any thoughts?
If you buy with a friend make sure there are agreements in place. Talk with a lawyer. It may be good to purchase a property by creating an LLC first.
0 votes Share Flag Sat Sep 20, 2014 Home Buying in 07047
Alexander Mo…, Real Estate Pro in Edgewater, NJ
Alexander Moldoff answered:
how can i purchase a home using the section 8 program?
It would be affordable housing program, there is a condo in Fairview that is brand new and has income ceilings (which means you can't make more than a certain amount.)
0 votes Share Flag Sat Sep 20, 2014 Home Buying in 07047
Marsha Bowen…, Real Estate Pro in Livingston, NJ
Marsha Bowen Washington answered:
the house is 150k but i only prequalify for 120k . is it legal to pay the remaining 30k in installments?
If you don't have the $30K, you can check with the seller to see if they can offer seller financing, but you could be restricted if you're doing a FHA loan.
0 votes Share Flag Tue Oct 23, 2012 Home Buying in 07047
Jane Shebroe, Real Estate Pro in Caldwell, ID
Jane Shebroe answered:
Does any bank close by do ITIN loans?
It depends on the type of visa you have. Do you live in this country and do you have green card? Call me at: 973-766-4018
0 votes Share Flag Tue May 15, 2012 Home Buying in 07047
Amos Elroy, Real Estate Pro in Bayonne, NJ
Amos Elroy answered:
hi my curious question for you is if I buy houses that are made of 1 bedroom and 1 bathroom, what should I look for to find out if they can be rented.
Could you please clarify your question.

Do you mean you would buy multi-family houses with 1 BR apartments in it and would like to rent them out?

If so, you can definitely rent. ... more
0 votes Share Flag Thu May 3, 2012 Home Buying in 07047
Layth Abbasi, Real Estate Pro in Clifton, NJ
Layth Abbasi answered:
Does anyone know about Hudson Harbor in Edgewater?
Hello, i actually live in the hudson harbor, its a very well managed building. the greatest thing about it to me is the rare 40 foot wrap around balconys from the 2 bedroom units, espec ... more
0 votes Share Flag Mon Nov 21, 2011 Home Buying in 07047
Gina Chirico, Real Estate Pro in Fairfield, NJ
Gina Chirico answered:
When buying a fixer upper, how do you close the deal if co is required by municipality?
Aniley,

Look into a temporary CO which will allow you to close on the property and will also allow you a certain amount of time to fix the property and then the town will reinspect a ... more
0 votes Share Flag Mon Apr 25, 2011 Home Buying in 07047
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
how much is the rental in this buildng?
Since no link is visible and no address given you may wish to ask your question again--or any local agent(s) can help you--contact any realty office(s) and inquire about the property.
0 votes Share Flag Fri Aug 13, 2010 Home Buying in 07047
George Ratch…,  in West Orange, NJ
George Ratchford answered:
Anybody have details on 60 Parkway Drive in East Orange, NJ?
I have details as I live there, and I am a Realtor.
gratchford@jordanbaris.com
917 301 4271
0 votes Share Flag Thu Dec 31, 2009 Home Buying in 07047
Lu, Home Buyer in West New York, NJ
Lu answered:
Did anybody hear about the Auction of Carlson's Court in North Bergen? What should bemy concerns?
Lukasz thanks a lot for all your feedback.
0 votes Share Flag Wed Aug 12, 2009 Home Buying in 07047
Lu, Home Buyer in West New York, NJ
Lu answered:
What time and where is the auction?
Hi Leapr which auction are you asking about?
0 votes Share Flag Fri Aug 7, 2009 Home Buying in 07047
e,  in Alameda, CA
e answered:
I'm a first time buyer (with very little knowledge about home buying).
Buying a home is a big step. You should do a lot of research and know what you are doing/getting in to. Talk to a mortgage broker about the financing. Find a good Realtor and they can h ... more
1 vote Share Flag Thu Jun 18, 2009 Home Buying in 07047
Weichert Rea…, Real Estate Pro in Bronx, NY
Weichert Realtors House and Home answered:
I'm interested in a 1BR apartment in West Concourse, Bronx area, listed for 179K. nice apartment but seems
HI Payero,

What is really funny is that I was on the grand concourse earlier today discussing pricing with my Top agent Maria Moragianis. The difficulty is that we need to find out ... more
0 votes Share Flag Fri Jun 5, 2009 Home Buying in 07047
Walter Burns, Real Estate Pro in Hoboken, NJ
Walter Burns answered:
What does a sponsor unit in a co-op mean?
As long as you can qualify for an FHA loan, I don't see why you couldn't get FHA financing on an FHA approved building. You may want to consult with a lender. I'm sure one on this site ... more
0 votes Share Flag Mon May 18, 2009 Home Buying in 07047
Alecia Daniel, Home Owner in North Miami, FL
Alecia Daniel answered:
who is in charge of condos in smith ave north bergen, nj? is that a good option for a single 30yr female?
It's a 15 year special assessment ranging from $140-180 depending on the size of your unit. There are several lawsuits pending right now. Also, the monthly maintenance doesn't cover a ... more
0 votes Share Flag Thu Apr 16, 2009 Home Buying in 07047
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