Home Buying in 07307 : Real Estate Advice

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thinz, Real Estate Pro in Allenhurst, NJ
thinz answered:
I want to buy and move into my first home by my 30th birthday which is 3/19/17. When do I have to start the process?
In January 2017 I would begin evaluating mortgage lenders to see who you want to use and preparing for the document collection process they require. Also want to inquire about an attor ... more
0 votes Share Flag Thu Apr 14, 2016 Home Buying in 07307
Kash Vaidya, Real Estate Pro in Jersey City, NJ
Kash Vaidya answered:
Hey I'm buying my first home! What does it mean when my agent asks me to waive appraisal so long as home appraises within 1% of the contract?
Usually you do not want to waive appraisal contingency because this could mean higher out of pocket expense (higher down payment) for you.

Let's say your offer is accepted at $350K a ... more
0 votes Share Flag Mon Jun 22, 2015 Home Buying in 07307
thinz, Real Estate Pro in Allenhurst, NJ
thinz answered:
Any houses rent to own in Jersey City?
Yes...please check one of many links that can show you available homes...
http://www.getrenttoown.com/rent-to-own/new-jersey-rent-to-own/jersey-city.htm

Good luck in your search! ... more
0 votes Share Flag Sun May 3, 2015 Home Buying in 07307
Nickjflint, Home Buyer in Brooklyn, NY
Nickjflint asked:
Jersey City - Permits and CO's?? I was about to go into contract on a JC multi-family but have learned the gut renovation was done without permits. As JC ordinance a CO is not required to transfer title. I hear this non-permit…
0 votes Share Flag Thu Jul 10, 2014 Home Buying in 07307
Jeanne Feeni…, Real Estate Pro in Basking Ridge, NJ
Jeanne Feenick answered:
Location vs. House?
Positive location is a favorable that will continue to provide value over time ~ from there it is really a matter of personal preference and the numbers working for you.
0 votes Share Flag Wed Feb 26, 2014 Home Buying in 07307
Sandy Thacker, Real Estate Pro in Alpharetta, GA
Sandy Thacker answered:
Do you have to pay for a list of foreclose homes in San Antonio tx?
I suggest working with a seasoned agent that can help you navigate the data.
0 votes Share Flag Tue Nov 12, 2013 Home Buying in 07307
Sandy Thacker, Real Estate Pro in Alpharetta, GA
Sandy Thacker answered:
Live accross the street from a piece of land which will soon be a school. Will living so close to a school increase or decrease my property value?
Generally speaking it should increase values in the immediate area.
0 votes Share Flag Tue Nov 12, 2013 Home Buying in 07307
Bharath Jana…, Home Buyer in Jersey City, NJ
Bharath Janakarajan answered:
2 family in Jersey City-Oil tank (online auction website)
Hi Amos, thanks for your response. actually, this is auction.com
0 votes Share Flag Thu Nov 7, 2013 Home Buying in 07307
Jessica Hood…, Real Estate Pro in Gambrills, MD
Jessica Hood & Laura Roskelly answered:
Timeline for Short Sale with Bank of America as only lienholder in New Jersey?
Hi Chris,

BOA is one of the fasted in processing short sales. They are one of the top banks and they are a little more organized than some others. I always counsel my short sale bu ... more
0 votes Share Flag Sat Nov 17, 2012 Home Buying in 07307
Kevin Dowd, Real Estate Pro in Hoboken, NJ
Kevin Dowd answered:
I have about 50K,I currently have a 2 fam. as my primary res. Should I refinance by mortgage (currently 6.1%) or should I buy an investment property?
I would refinance your primary residence and roll the closing costs into your refi. Take the remaining 50K and try and purchase a short sale investment property in Jersey City.
0 votes Share Flag Tue May 1, 2012 Home Buying in 07307
Mohan C Bora…, Home Buyer in Jersey City, NJ
Mohan C Borade answered:
I own a mother/daughter victorian in The Heights. It has 4beds, 4 baths, 2 plus kitchens. Fully landscaped
$1500 + utilities separate. Since washer dryer is included in rent, you can even ask tenants to pay for cold water.
0 votes Share Flag Fri Apr 27, 2012 Home Buying in 07307
Trisa Edmons…, Real Estate Pro in Hoboken, NJ
Trisa Edmonson answered:
Looking for an agent familiar with Jersey Heights / Bayonne area and experienced in short sales of multifamily homes.
Both areas are pretty easy to rent, but you'll have much better luck finding a move-in ready property in Bayonne at that price point. If you're looking to do some work (and are able to ... more
0 votes Share Flag Wed Apr 4, 2012 Home Buying in 07307
Mohan C Bora…, Home Buyer in Jersey City, NJ
Mohan C Borade answered:
HOW MUCH SHOULD BE CLOSING COST FOR PROPERTY THAT COST $150,000.?
Goto amerisave.com and enter the information. It will give you the closing cost amount very close to good faith estimate given by lenders.
0 votes Share Flag Tue Mar 15, 2011 Home Buying in 07307
Pamela  McAu…, Real Estate Pro in Hoboken, NJ
Pamela McAuley answered:
what is a "deeded backyard"?
Hi Nycgal,

Hope you are well. If in doubt, ask for additional documents such as a copy of the master deed and by laws where it states that the backyard is indeed deeded to the townho ... more
1 vote Share Flag Mon Mar 8, 2010 Home Buying in 07307
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
how long will it take for a bank to close after the appraisal has been done?
Difficult to render an opinion your mortgage broker would have information

All depends on underwriter and any conditions need be cleared.

Also seller if a bank foreclosure could ... more
0 votes Share Flag Thu Jan 14, 2010 Home Buying in 07307
John Sacktig, Real Estate Pro in New Jersey, NJ
John Sacktig answered:
As a prospect buyer, how to prove that the agent is not lying to me about the highest offer she got?
Hi Patty,
The other agent can tell you that another higher offer came in. Yes.

All the offers get sent to the bank and then all is on hold until the bank says, o.k. we will take t ... more
1 vote Share Flag Sun Sep 27, 2009 Home Buying in 07307
Carolyn Fent…,  in 07825
Carolyn Fenton answered:
How much to offer for a home with 6 BR, 5 BA in 07307 newly built home?
Hello - what you want to do is look at the comparable homes in the area that are Available, Under Contract and Sold within the last 6 months. Your realtor will give you this informatio ... more
0 votes Share Flag Tue Aug 4, 2009 Home Buying in 07307
Jack Vollenb…, Real Estate Pro in Flemington, NJ
Jack Vollenberg answered:
Sort Sale offer
Hi Babo,

Andres really covered all the bases in answering your question. The only thing I would like to add is the importance of the source for the higher number that the seller is l ... more
0 votes Share Flag Sat Jun 27, 2009 Home Buying in 07307
Asim, Home Buyer in Weehawken, NJ
Asim answered:
I am planning to get a house in society hill , is it easy to rent it out ?
NO its not. transportation to NYC takes forever.. think twice before buying
0 votes Share Flag Tue Jun 16, 2009 Home Buying in 07307
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