If it is not a legal two family, you should not advertise it as such. Also, there may be some problems when you sell because many lending banks will not approve a loan on this type of set up. You should consult a Realtor and your attorney prior to putting the home on the market.... more
assessments are done only about every 20 years so often the values are far from accurate. In some cases where reassessments were done around 2005 values are actually less which is a real problem as assessments are never supposed to be higher than market value. (Its a pretty easy appeal in these cases)... more
Hi Melaney, I am not sure I understand your question. Are you looking for a rental property? Realtors work with tenants all the time. And there are often homes, town homes, etc. that are listed both for sale and for rent. I have at least one myself in the Denville area. Owners often list their properties for rent with realtors. I would contact a local realtor and explore my options if I were in your shoes. There are probably vacant properties available right now if you need to move fast. And a realtor can help you understand up front what you will need to provide the landlord once you find a place in order to be accepted as a tenant. And, in fact, realtors often know what rental properties are available in their market area even if the properties are not listed on the MLS.
You need an agent with backbone. The agent may need their broker to phone the broker of the listing agent if there is resistance. When choosing a buyer agent, apprise them of the details and ask them how they intend to handle any resistance.
Backbone does not mean that your buyer agent needs to come out of the pen like a bull. It is not in your best interests to hire a buyer agent who is going to be smart or antagonize the situation. The agent simply needs to be confident, articulate, and knowledgeable about what is or is not allowable.
Deborah Madey - Broker
Peninsula Realty Group