Home Buying in 07450 : Advice

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Harriet Lewis, Real Estate Pro in Closter, NJ
Harriet Lewis answered:
how do i get to see the house in ridgewood nj? at 240 union street?
Hello: This home in Ridgewood is currently under contract but I would be happy to make a call on it if you want more information. As I am a very experienced real estate agent, and very ... more
0 votes Share Flag Thu Feb 13, 2014 Home Buying in 07450
Anton Zapria…, Real Estate Pro in Ridgewood, NJ
You had Deed In Lieu in the past. How long you have to wait until you can buy your next house?If your loan is within the conventional limits, you can buy your next house after 2 years.If your loan is expanded,highcost,… Read more
Blogged Wed Dec 4, 2013 by Anton Zaprianov Home Buying Financing Home Ownership
Elizabeth Cl…, Real Estate Pro in Denver County, CO
Elizabeth Clayton answered:
How much should I spend on remodeling my kitchen? We bought the house for $660k in 2008. It it true that I should spend 10% - 15% of the homes value
No exact rule of thumb really....different paybacks in different real estate markets. You should really consult an experienced Real Estate agent who specializes in your neighborhood. ... more
0 votes Share Flag Wed Aug 21, 2013 Home Buying in 07450
Lee Gallman, Real Estate Pro in New Jersey
Lee Gallman answered:
Im looking to purchase a home, its an estate, it needs work, it has an oil tank under the driveway. please advise.
Call me to discuss buying with a renovation loan. You can upgrade the house and remove the oil tank with a HomeStyle or 203k.
0 votes Share Flag Tue Jul 30, 2013 Home Buying in 07450
archers2001, Home Buyer in Harwich, MA
archers2001 answered:
Underground oil tank (emptied with paperwork from town). We'd like it removed before the purchase and the cost is nominal $1,500.
Removal could cause minor or major costs. For example we removed the tank from one house in New Jersey thinking it was not a big deal. However the company, which was NJ DEP approved, ... more
0 votes Share Flag Wed Jul 17, 2013 Home Buying in 07450
Carolynn Mon…, Real Estate Pro in Ridgewood, NJ
Carolynn Monaco answered:
I want to put an offer in on a house and the agent sent me tons of forms. What forms are required and what are not? I don't have time to waste.
Here you go: Notice to buyer/seller before sigining contract AKA Opinion 86, 7 page Nj Asso of Realtors Standard contract detailed, Addendum regarding possible Short Sale,NJ Asso of Rea ... more
0 votes Share Flag Wed Nov 21, 2012 Home Buying in 07450
Fortunato Ca…, Real Estate Pro in Bergen County, NJ
Fortunato Campesi answered:
Why are taxes in the Orchard Schools area considerably less than other parts of town?
Taxes are based upon the assessed value of a home. Assessments are based upon lot size, a properties square footage, improvements, etc. Although it may seem that the taxes in the Orcha ... more
0 votes Share Flag Wed Nov 21, 2012 Home Buying in 07450
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
How much should a "good faith" deposit be?
1% of the purchase price. Good luck,

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
1 vote Share Flag Wed Jun 6, 2012 Home Buying in 07450
J, Real Estate Pro in Greensboro, NC
J answered:
Can someone tell me more about rent-to-own clause? We want to buy but don't want to commit until we're happy with the school (son has
Please reconsider this option/path to homeownership. I do agree with Don to a point and emphasize the "right situation" aspect of his response. The majority of these deals are not ben ... more
0 votes Share Flag Fri Apr 20, 2012 Home Buying in 07450
Michele Pete…, Real Estate Pro in New York, NY
Michele Peters, Esq. answered:
CONTACTED HOME OWNER to let her know that I would like to purchase
I'm interested to know if this home buyer is still around. I do short sales as an attorney and also foreclosure mediations for the court. Right now homeowners can take up to two ... more
0 votes Share Flag Fri Feb 4, 2011 Home Buying in 07450
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
West Orange NJ short sale listing that expired _ HOW CAN WE PURCHASE THIS HOME??
So Njbuyer - you asked this question almost 2 months ago - what was the outcome?
Did you pursue it or walk away?
0 votes Share Flag Wed Dec 1, 2010 Home Buying in 07450
Rafi Footerm…, Real Estate Pro in Edison, NJ
Rafi Footerman answered:
House in Glen Rock and Ridgewood
No. The only purpose of assessed values is to levy taxes accross the municipality as fairly as possible. That does not mean that they are fair, just a best effort of fairness. They do ... more
0 votes Share Flag Wed Nov 10, 2010 Home Buying in 07450
Marc Paolella…, Real Estate Pro in Succasunna, NJ
Marc Paolella, Relo Director answered:
We are considering renovating our third floor attic into a 4th bedroom.
Actually, I would not compromise the safety of third floor single-egress guests or my own family regardless of the zoning laws. It is patently unsafe to have sleeping areas on a third f ... more
0 votes Share Flag Tue Jan 20, 2009 Home Buying in 07450
Katie Inman, Other/Just Looking in Rutherford, NJ
Katie Inman answered:
I'm in the ridgewood area and looking to buy my first home. i have about 80K in my 401K, and will soon
Jeff - Ridgewood is lovely and probably a good bet, but remember that Realtors and Loan Officers make money when you purchase a house - the more you spend the more they make. They'll ... more
0 votes Share Flag Tue Apr 22, 2008 Home Buying in 07450
Carolynn Mon…, Real Estate Pro in Ridgewood, NJ
Carolynn Monaco answered:
We went to an open house in Ridgewood last Sunday, I really like the house. We are thinking about selling
Hey Sandy.....good question. I say "go for it" as you won't know until you do. I'm not afraid to writie up a contract with confingencies as we are experiencing som ... more
0 votes Share Flag Fri Mar 21, 2008 Home Buying in 07450
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