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thinz, Real Estate Pro in Allenhurst, NJ
thinz answered:
I'm under contract and had an inspection done.Who is responsible for repairs Roof leaking, Electric wires dry rotting, Mold/Mildew under house?
Depend on the wording of purchase contract and subsequent attorney review decisions.
If a short sale, most lenders will not make concessions for repairs...and only sell AS IS in the co ... more
0 votes Share Flag Mon Nov 23, 2015 Home Buying in 08070
Karen Peyton, Real Estate Pro in Chandler, AZ
Karen Peyton answered:
In the process of making an offer 1st home. It's a short sale on the market over 200 days, It's a fixer built about 1940.
What does your agent say? What's been going on over the past 200 days? Is this "normal" for your market and particular community or neighborhood?? Do you have the "story" on this hou ... more
1 vote Share Flag Thu Jul 2, 2015 Home Buying in 08070
thinz, Real Estate Pro in Allenhurst, NJ
thinz answered:
the bank owned property is listed for 1/3 of the estimated value of the home. should my offer be closer to the asking price of the estimated value?
You need to be careful in these situations...this may be listed as 1/3 of the estimated value but the lender could be looking for the highest and best price as commonly happens in an au ... more
0 votes Share Flag Mon May 4, 2015 Foreclosure in Pennsville
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
How long does a short sale normally take?
The days of a short sale taking more than 6 months is over. We can get answers in under 30 days in most cases. On the worst cases they come back and ask for more. It sure pays to make s ... more
0 votes Share Flag Mon May 4, 2015 Foreclosure in Pennsville
Michael Abra…, Real Estate Pro in Deerfield, IL
Michael Abramsky answered:
MY credit 's bad because, of my ex husband I pay my billls and had Perfect credit before and my ex ruined my life?
Hello Manda,

I'll be completely up front with you.

As a co-signer, you are liable for his debt. Meaning that if he makes late payments on the truck, they will report to your cred ... more
0 votes Share Flag Wed Jul 31, 2013 Credit Score in 08070
ignitionlock…, Home Buyer in Glassboro, NJ
ignitionlock29 asked:
what is meant by a "B" zone and what are the benefits? --
This question was asked from this property:
0 votes Share Flag Sun Jun 16, 2013 Home Buying in Pennsville
Donald Steve…, Real Estate Pro in Fontana, CA
Donald Stevens answered:
Renewal rate increased $200 . Only changes from previous year's policy is Loss of Use has increase 20% to 30% and territory has changed
The territory is a company specific location. You do have a protection class based on how far the fire department and fire hydrant are from your home. Many companies will use that numbe ... more
0 votes Share Flag Thu Jul 12, 2012 Home Insurance in 08070
Wayne Odenbr…, Real Estate Pro in Mountain Lakes, NJ
Wayne Odenbrett answered:
above ground oil tank insurance
Being that you do not own the land, the Mobile Home Park wants to make sure their land is not poluted in any way. It probbly also helps their insurance rate. So I can't blame them. You ... more
0 votes Share Flag Fri May 4, 2012 Home Insurance in 08070
Leonard Anto…, Real Estate Pro in Turnersville, NJ
Leonard Antonelli answered:
Can a sale agreement be broken if someone offers more money? Bob
Hi Bob,
Assuming by sales agreement you are talking about a sales contract, it depends on the context in the contract. For instance, the seller can technically get out of the contract ... more
0 votes Share Flag Thu Jan 12, 2012 Home Buying in 08070
Jeremy S. Hi…,  in Cherry Hill, NJ
Jeremy S. Hill answered:
how long does the mortgage company have after you sign the mortgage commitment to send it to the under writer?
I think there is some confusion here. When the mortgage company issues a commitment it is just that. The file has already gone thru underwriting. A commitment is a the lend ... more
0 votes Share Flag Sun Jun 15, 2008 Home Buying in Pennsville
Janice Morze,  in 08108
Janice Morze answered:
is listing #5057297 still active?
Checking on the MLS it IS active at 199,900 and has been active for about 3-1/2 months. Good Luck..
0 votes Share Flag Tue Nov 27, 2007 Market Conditions in Pennsville
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