07860 : Real Estate Advice

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Rachel, Home Buyer in Hampton, NJ
Rachel asked:
We want to buy a foreclosure! So were looking at a foreclosure that is over priced, its 250,000. Its a 4 bedroom 2 and a half bath with a few acres. It has an underground oil tank and a lot of maintenance, probably…
0 votes Share Flag Wed Jul 20, 2016 Home Buying in 07860
thinz, Real Estate Pro in Allenhurst, NJ
thinz answered:
When putting in a contract on a short sale what is the lowest percentage you should offer off of the asking price?
Depends on too many things to give a specific % here...but you always come in lower.
The homes are not usually priced at the lowest amount the bank will accept. The reason is because t ... more
0 votes Share Flag Thu Aug 20, 2015 Home Buying in 07860
Michael DeCh…, Real Estate Pro in Woodland Park, NJ
Michael DeChristofano answered:
Looking to buy a home for Daughter in F.Burd School district want something decent & affordable
Debra -
You should definitely secure financing before moving into a contract. We can help with that.
My service and client support is my #1 priority. I am not just a simple 9-5 Mort ... more
0 votes Share Flag Tue Nov 19, 2013 Home Buying in 07860
Nina Fradl C…, Real Estate Pro in Sparta, NJ
Nina Fradl CNE,ePRO,SFR,SRS,GRI answered:
Need a short sale expert,property has been listed for 3yrs & Vacant
I sense a lot of frustration! If you have already seen this home, then you are already working with an agent. It is best to continue any efforts on that specific property with that ag ... more
0 votes Share Flag Fri Aug 9, 2013 Home Buying in 07860
Darin Redding,  in San Diego, CA
Darin Redding answered:
Home Inspection Report and recommended repairs:
The OP posted in 2009 and we are still receiving replies. Good stuff! I saw my post from 2009 and realized the web reference cited is incorrect. Corrected now.

I wonder how the OP ma ... more
0 votes Share Flag Fri Aug 9, 2013 Home Buying in 07860
Larry Sarlo…, Real Estate Pro in Sewell, NJ
Larry Sarlo (CDPE) answered:
I gave my tenants 3 months notice to terminate the lease and they agreed. Now they've decided they aren't leaving. Its an owner occupied home.
If it's in writing then pursue eviction...

If they are refusing to show the property then evict on those grounds. does your lease allow for showings?
0 votes Share Flag Sun Jul 28, 2013 Rentals in 07860
Judy Golland, Real Estate Pro in Randolph, NJ
Judy Golland answered:
How much do I need for a down payment if I want to buy a house for my mother?
Down payment requirements depend upon the type of loan and the amount of the loan for which you qualify. There are loans that require no down payments, for example, but have additional ... more
0 votes Share Flag Fri Feb 22, 2013 Home Buying in 07860
Kathryn Kim…, Real Estate Pro in Rockaway, NJ
Kathryn Kim Loizzi answered:
How much of a down payment do you need when buying a second home?
Hi Erik,

All of the information you have gotten is good information. Since you already own a home you would be financing a second home. You can own 2 homes and not have it considered ... more
0 votes Share Flag Sun Aug 26, 2012 Home Buying in 07860
Jeanne Feeni…, Real Estate Pro in Basking Ridge, NJ
Jeanne Feenick answered:
I am in the process of selling my house. what is the advantage of offering money towards closing versus reducing the price?
Here is my advice - if you are not getting showings or offers, you've got a pricing issue. Recommend you lower the price to attract the buyers. If you are getting showings and turning ... more
0 votes Share Flag Sat Jun 30, 2012 Home Selling in 07860
Christine Tr…, Real Estate Pro in sparta, NJ
Christine Tremain answered:
Is Fredon Township, NJ a good place to raise a family? I'm coming in from a very urban area - Jersey City - and I have to say I'd miss it...
Hi Maresolespiaggia,
Maybe you have already made your decision but I just came across your question and must add my comments! For background, I live in Stillwater which is a neighbori ... more
0 votes Share Flag Fri Jul 22, 2011 Quality of Life in 07860
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