Home Buying in Oceanport : Advice

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Leonard Duni…, Real Estate Pro in Rumson, NJ
Leonard Dunikoski, GRI answered:
Can someone suggest a good home inspector for home in monmouth county.What kind of guarantee is provided?
This thread is over 5 years old- I think James got the information he needed in 2008.
0 votes Share Flag Sat Sep 7, 2013 Home Buying in 07757
Ron Marc, Home Buyer in G.L. Lowery Industrial...
Ron Marc answered:
No one answered by other question. Do banks counteroffer on short sales or simply approve vs disapprove?
I have been trying to sell a condo in a short sale in Florida. I signed with a realtor in Nov. 2012, and due do his negligence actions, the sale file was closed after 3 cycles of the ap ... more
0 votes Share Flag Tue Aug 27, 2013 Home Buying in Oceanport
Marsha Bowen…, Real Estate Pro in Maplewood, NJ
Marsha Bowen-Washington answered:
If I contract to purchase a home and it is agreed by the bank but after inspection we find major problems can i get my escrow money back?
Hopefully you are working with an attorney on this transaction, I've heard quite often in the Southern part of NJ that not all buyers hire attorneys to represent them. You should go ov ... more
0 votes Share Flag Thu Aug 30, 2012 Home Buying in Oceanport
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
is it possible to do an FHA short sale on a house with a tax lien?
The bank will have to eat the tax lien, the house can not be sold with any liens on it so someone will have to pay it or get it removed before the closing can occur. The house could fal ... more
0 votes Share Flag Wed Jul 25, 2012 Home Buying in Oceanport
Leonard Duni…, Real Estate Pro in Rumson, NJ
Leonard Dunikoski, GRI answered:
Im looking for a decent town close or north of Red Bank I know nothing about monmouth county I looked at several houses in
Oceanport, Little Silver and Shrewsbury are towns you should consider. In addition the part of Red Bank that's adjacent to Fair Haven may have some homes in that price range. If yo ... more
0 votes Share Flag Mon Mar 5, 2012 Home Buying in Oceanport
Leonard Duni…, Real Estate Pro in Rumson, NJ
Leonard Dunikoski, GRI answered:
how do I get a comparable for the Real Estate taxes for a $1m home in Oceanport to a $1m home in Fair Haven?
Any Realtor will be happy to do a complimentary Comparative Market Analysis (CMA) for you. However, my advice is to go to a Realtor who is a LOCAL EXPERT in Oceanport, Fair Haven, Littl ... more
0 votes Share Flag Mon Mar 5, 2012 Home Buying in Oceanport
Marco Gomez, Real Estate Pro in Bayside, Queens, NY
Marco Gomez answered:
can a buyer offer less than the asking price on a foreclosure?
You can definitely offer less, but it does no mean the bank will accept it, although they will generally respond within 72 hours.

Marco Gomez
The Goodlife Team
Keller Williams Land ... more
0 votes Share Flag Tue Jan 3, 2012 Home Buying in Oceanport
Ron Shaffery, Real Estate Pro in Toms River, NJ
Ron Shaffery answered:
BOA short sale is at month 4 and the bank has requested a seller contribution and the seller countered. Is this promising or a tennis match?
Looks like a tennis match . Like the others have said B of A is trying to cut it's losses. I had a short sale recently blow up for the same reason. The seller couldn't afford ... more
0 votes Share Flag Thu Aug 4, 2011 Home Buying in Oceanport
Mary Petti-A…, Real Estate Pro in New Jersey
Mary Petti-ABR,SFR, Relocation answered:
I paid the asking price on a short sale with as is terms and now the bank is asking for more? what do I do. They are coming in above the appraisal.
HI again Gail

First I will repost my answer (from below):

By appraisal are you referring to the "tax assessment"? An appraisal is NOT the same thing as the tax assessed ... more
0 votes Share Flag Thu Jul 22, 2010 Home Buying in Oceanport
Francesca Pa…, Real Estate Pro in Monmouth County, NJ
Francesca Patrizio answered:
I should have said I offered the asking price on a short sale with as is terms and we have gone through months of waiting for the bank to approve.
Gail,

OMG, short sales are so unpredictable as it honestly depnds on the bank. I've closed on a short sale in 2 months wherein I was able to obtain $470 out of the $500k owed, ... more
0 votes Share Flag Fri Jul 16, 2010 Home Buying in Oceanport
Amy and Dan…, Real Estate Pro in Solon, OH
Amy and Dan Schuman answered:
Radon test (during a home inspection) came back with a 0.9 result. Can somebody give me crash course on this situation?
Nancy,

Hopefully your agent gave you a pamphlet regarding radon gas, so you at least have a decent background on what it is and how it may affect you. The current EPA threshold is 4. ... more
0 votes Share Flag Wed Jul 14, 2010 Home Buying in Oceanport
Richard Schu…, Real Estate Pro in Los Angeles, CA
Richard Schulman answered:
if the bank has approved a short sale for 225,000.00 can i offer less
If you only have the intent to try and haggle down the price, do not offer less here. Getting the short sale approved was a difficult enough process. If a buyer is going to buy it now ... more
0 votes Share Flag Wed Apr 28, 2010 Home Buying in Oceanport
Shannon M Th…, Real Estate Pro in Avon, IN
Shannon M Thomas answered:
Short sale,nj
The bank will usually get the per diem fee for every day you are late on the contract. If you didn't write it into the contract that the junk would be cleaned up then it will be yo ... more
0 votes Share Flag Sun Apr 4, 2010 Home Buying in Oceanport
Dustin Nulf, Real Estate Pro in 15232
Dustin Nulf answered:
Today I received an e-mail alert on a price drop for a home I was watching. The information turned out to be totally false -- there was no large
Dear NonRealtor,

That's not true for all areas. Things are looking good in Pittsburgh right now. I only sold 10 transaction sides last year, this year I should have 12 - 15 so ... more
0 votes Share Flag Thu Mar 18, 2010 Home Buying in Oceanport
Dustin Nulf, Real Estate Pro in 15232
Dustin Nulf answered:
Seller signed contract - said short-sale was approved. Now they say the bank countered. What are my options? Will documentation be provided 4 counter?
Ask for the documentation. Usually these banks respond via email and a lot is done "verbally" before it's finalized. The bank has every right to counter, it's thei ... more
0 votes Share Flag Wed Mar 17, 2010 Home Buying in Oceanport
William Leigh…, Real Estate Pro in New Jersey
William Leigh Holt answered:
Can you make an offer on 2 condos at the same time?
Goodie: I think you have your answer(s.) While I agree with Ken that two offers may be offensive to one's sense of what is right, I was talking specifically of laws. I still do not k ... more
0 votes Share Flag Sun Aug 9, 2009 Home Buying in 07757
Mia Forsberg…, Real Estate Pro in Hackensack, NJ
Mia Forsberg-villon answered:
I am looking to make an offer on a bank owned home, but know that sometimes the response time is very slow on
GO AHEAD AND GOOD LUCK TO YOU!
0 votes Share Flag Thu Aug 6, 2009 Home Buying in 07757
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