Home Buying in 07030 : Advice

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Walter Burns, Real Estate Pro in Hoboken, NJ
Walter Burns answered:
Thinking of buying a 1br with a yard. Need your professional advise.
Michael,

I recommend requesting a copy of the master deed & bi-laws for the condo you are interested in. The master deed should outline how the yard ownership is stated.

I li ... more
0 votes Share Flag Wed Oct 14, 2009 Home Buying in Hoboken
Robert Green…, Real Estate Pro in 08003
Robert Greenblatt, MBA answered:
What would you say the premium is in Hoboken for having a washer/dryer in the unit?
Whether you are selling or renting it is always more desireable. Units with a washer/dryer, or at least a hook-up usually sell or rent faster.

Robert Greenblatt
Keller Williams
... more
0 votes Share Flag Sun Nov 1, 2009 Home Buying in Hoboken
Andres Garcia, Real Estate Pro in Hoboken, NJ
Andres Garcia answered:
Hoboken price per sq foot?
Without seeing the home I would not give an estimate on price per square foot. Price per square foot is an often abused gauge for pricing. You should really look at comparable sales dat ... more
0 votes Share Flag Mon Oct 12, 2009 Home Buying in Hoboken
Andres Garcia, Real Estate Pro in Hoboken, NJ
Andres Garcia answered:
Yard premium in Hoboken- what do you think the premium should be over a comparable sq ft apartment- Most of these are garden level/basement walk out
FTB,

A home with a yard will typically have a $20,000 - $30,000 premium however that is dependent on the size and condition of the yard. Some yards could fetch much more.

As far a ... more
0 votes Share Flag Mon Sep 21, 2009 Home Buying in 07030
Pablo Lopez, Real Estate Pro in Clifton, NJ
Pablo Lopez answered:
1st time homebuyer tax credit
Hi Hoboken!

$75K is the cap on the tax credit 150K if you are married and your spouse works and file joint returns.

read about the tax credit follow the link thru www.pablolope ... more
0 votes Share Flag Wed Sep 23, 2009 Home Buying in Hoboken
Andres Garcia, Real Estate Pro in Hoboken, NJ
Andres Garcia answered:
What's it like on Jefferson & 7th??
Austin,

There is a reason that homes near the PATH are more expensive. You are like most other buyers that walk into my office. The first thing I always hear is 'I don't ... more
0 votes Share Flag Wed Oct 14, 2009 Home Buying in 07030
Lori Turoff, Real Estate Pro in Hoboken, NJ
Lori Turoff answered:
We are looking at a condo that is right next to a bar/restaurant. It is a duplex..downtown 2 blocks from path. Just curious, how will this affect
Hi Cheryl,
While there are many things to consider and trade offs to be made when purchasing a home, you might want to do some investigation before buying next to a bar in downtown Hob ... more
0 votes Share Flag Wed Oct 14, 2009 Home Buying in Hoboken
Joe Montenig…, Real Estate Pro in Washington Township,...
Joe Montenigro answered:
Do we need a permit to work on our condo? (Cosmetic Work)
No, you should not need a permit for those items.

You can also check the states website at http://www.state.nj.us/dca/codes/

and here... http://www.njpermits.com

Hope that ... more
0 votes Share Flag Tue Sep 22, 2009 Home Buying in Hoboken
Carlos Alex…, Real Estate Pro in North Arlington, NJ
Carlos Alex Jesus answered:
FHA Commercial Space Workaround?
Hello Steve,

It seems that you have done some research. Have you researched if it can be done with FHA 203K?
the 203K variation of the FHA loans can include some commercial space an ... more
0 votes Share Flag Tue Sep 8, 2009 Home Buying in Hoboken
Michael Murr…, Real Estate Pro in New Jersey
Michael Murray answered:
Minimum condo units for FHA Spot Approval?
Condominium
projects consisting of 30 units or less, can have up to 20%
of the units encumbered by FHA insured mortgages under the
spot loan rule.
0 votes Share Flag Tue Sep 1, 2009 Home Buying in Hoboken
Jeff Belonger, Real Estate Pro in Cherry Hill, NJ
Jeff Belonger answered:
Is it possible to get a 5% down conventional mortgage on a Hoboken condo?
Home Buyer....

Yes it is, but it will come down to your credit scores. Depending on your credit scores, it might be much cheaper with a FHA loan, especially with 5% down. And in reg ... more
0 votes Share Flag Wed Oct 14, 2009 Home Buying in Hoboken
Sean T Shall…, Real Estate Pro in Morris Plains, NJ
Sean T Shallis answered:
Several questions about Hoboken condos
Hello Tao,

In my professional opinion, I feel the Hoboken Condo market is going to continue to trend downward over the next two quarters between 3-5% over all. This number may increa ... more
0 votes Share Flag Fri Nov 13, 2009 Home Buying in Hoboken
Cindi Hagley…, Real Estate Pro in San Ramon, CA
Cindi Hagley As Seen on TV answered:
What are the chances of sellers doing a long term lease?
Probably slim...but contact the listing agent and inquire.
0 votes Share Flag Sun Aug 30, 2009 Home Buying in Hoboken
Yelena Tsula…, Real Estate Pro in 07960
Yelena Tsuladze answered:
Can we fire agent after he shows property, we had no signed agreement with him?
Hello, Michelle!
I would say that that agent is a shame on us. He is not available for your daughter when she needs him, he didn’t ask anybody in the office to help him out when ... more
0 votes Share Flag Mon Aug 17, 2009 Home Buying in 07030
Andres Garcia, Real Estate Pro in Hoboken, NJ
Andres Garcia answered:
Good areas in Hoboken?
Historically when Hoboken, started gentrifying east to west, the "rules" out there were don't live west of Willow, then when development moved west and Clinton was elected president the ... more
0 votes Share Flag Sun Jan 10, 2010 Home Buying in 07030
Leasing To O…, Real Estate Pro in Dallas, TX
Leasing To Own Solutions answered:
I contacted a real estate agent to show us some properties, (after 4 days and only 1 face to face) I am SURE
Hey there K.E.

If you've NOT signed an exclusive buyers agency agreement with her, then you are free as a bird to find another Real Estate Agent to work with. You don't even have to ... more
0 votes Share Flag Thu Aug 26, 2010 Home Buying in 07030
Walter Burns, Real Estate Pro in Hoboken, NJ
Walter Burns answered:
Is the flooding condition in Hoboken getting worse ? What are those flood prone area in Hoboken ? Ian
Ian,

As I'm sure you are aware, the New York City area has seen in abnormal amount of rain fall this summer. I don't think anyone on this site can give you an informed answer to the ... more
0 votes Share Flag Sun Aug 9, 2009 Home Buying in Hoboken
Walter Burns, Real Estate Pro in Hoboken, NJ
Walter Burns answered:
I am from the UK and after getting married hope to buy a place in Hoboken, what are the costs involved on top
Properties have annual taxes associated with them. These taxes are paid quarterly to the City of Hoboken, however your mortgage company will probably escrow taxes on a monthly basis and ... more
0 votes Share Flag Sun Aug 23, 2009 Home Buying in Hoboken
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
Is it safe to live near the low income housing?
J,

Issues of neighborhood safety are best directed to the local police department or the county sheriff's department. They have access to the most accurate and current information an ... more
0 votes Share Flag Mon Jul 27, 2009 Home Buying in Hoboken
Jeanne Feeni…, Real Estate Pro in Basking Ridge, NJ
Jeanne Feenick (908) 337-0943 answered:
Where can I find a 2 BR apartment to purchase for under $250,000 in a good neighborhood close to Hoboken?
Hi Jon, I'm sending you a link to several listings in a community I know in Springfield, which is right next door to Summit and its terrific train station with great service to Hoboken ... more
0 votes Share Flag Mon Jul 20, 2009 Home Buying in Hoboken
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