Home Buying in Tinton Falls>Question Details

Katee1228, Home Buyer in Bayonne, NJ

We are looking for a townhome in Tinton Falls and would like to know how low of an asking price is

Asked by Katee1228, Bayonne, NJ Sun May 3, 2009

reasonable. We do not want to spend more then 240000 and build in closing costs without going over 250000. Which developments are better there?

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Hi Katee,
Which developments are better really depends on your needs. Do you need more than one bedroom? How important is a garage? Do you need to be close to the parkway?
There are many available and if you are a first time homebuyer, you can get the $8000 credit until 12/1/2009, which might help with your closing costs. You also might consider asking the seller to help out with the closing costs. In this market, you might find a seller who will do so. Finally, if you have time, there's a short sale available, too.
Finally, when considering a condo, you have to take into consideration the association costs. To get a good picture of the whole situation, you need to look at what you can afford monthly. Then, you can start looking seriously and work all the angles to your favor.
If you would like the name of a few good mortgage reps, I'd be happy to supply them for you. Or, if you would like to search properties in town to see where things are selling, you can order a market snapshot from my website. That will give you "sold/closed" information which shows what the market really is doing. Asking price means nothing--its where things are selling that is important.
Web Reference: http://www.dianeglander.com
0 votes Thank Flag Link Mon May 4, 2009
Hi Katee,
The best way to determine your offer is for your real estate agent to provide you with comps. Your offer should always be based upon recently sold homes instead of just a certain "percentage" off of the asking price.

Now is a great time to buy because both home prices and interest rates are low. Also, if you are a first time homebuyer and close before 11/30/2009 you may be eligible for the $8000 tax credit.

Here is a link to some active condos/townhomes in your price range. If any of these interest you please let me know and we can go take a look.


Heather Daccurso
Weichert Realtors
Email: heather@heatherdaccurso.com
0 votes Thank Flag Link Sun May 3, 2009
Oh, I am sorry. Francine is correct about condo units availability - only ten are listed as "townhouse" style you are looking for = my aplogies.
Web Reference: http://GregoryBain.com
0 votes Thank Flag Link Sun May 3, 2009
There are currently 34 Townhomes listed in the Monmouth MLS in the Tinton Falls area in various developments ranging in price from 174,900-269,900. Some of those developments include, Fox Chase, Park Place, Society Hill and Winding Brook. When making an offer on a property your Realtor can provide you with information on recent sales in the area to assist you in determining a fair offer. Based on what you have stated with regards to your affordability, I'm sure you will be able to find a townhome in your price range in the Tinton Falls area. My office is located in Freehold and I service the Monmouth and Ocean County area. If you would like me to email you listings of available properties that meet your criteria just contact me and I will be happy to do so.

Francine Einhorn
Weichert Realtors
Office: 732-577-0440
Cell: 732-910-7390
0 votes Thank Flag Link Sun May 3, 2009
Fox Chase is nice but I don't see any for sale. There is a nice single family home on Cherry for $269,000. Let me know when you want to see inside - it is worth it!
Web Reference: http://GregoryBain.com
0 votes Thank Flag Link Sun May 3, 2009
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