07960 : Advice

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Mary Grunmei…, Real Estate Pro in Morris Plains, NJ
Mary Grunmeier answered:
Can someone explain the property tax structure in Morristown?
Randi,

In New Jersey, there is a state law that says that property needs to be assessed 100% of market value every 10 years. This is a large and difficult and expensive undertaking ... more
0 votes Share Flag Mon Jul 2, 2012 Home Buying in Morristown
Abbey Turner, Real Estate Pro in Greenville, SC
Abbey Turner answered:
How do you drive traffic to an Open House in a community where directional signs are not allowed?
It appears you have mentioned everything available accept the local newspaper. Our local paper has a special section just for weekend open houses. I'm told buyers do look Friday - ... more
0 votes Share Flag Wed Jan 4, 2012 How To... in Morristown
Jeff Belonger, Real Estate Pro in Cherry Hill, NJ
Jeff Belonger answered:
Would it make sense to rent my present home and take the equity from it to use as a downpayment on a new home?
Fran...

I would need to know a lot more info before giving you my opinion. There are things such as credit scores, your goals, and other options. But yes, you can borrower from yo ... more
0 votes Share Flag Mon Oct 25, 2010 Foreclosure in Morristown
Michael Krot…, Real Estate Pro in Tucson, AZ
Michael Krotchie answered:
I am wondering if houses are being sold for more then their appraised value and if so what is the average percentage?
Hi Steve,

Typically houses won't sell for more than their appraised (market value), otherwise why would people be buying them? The only time this really happens is when the mark ... more
0 votes Share Flag Wed Jun 20, 2012 Home Selling in 07960
Douglas Tuck…, Real Estate Pro in Morristown, NJ
Douglas Tucker answered:
What is the percentage difference between the sales price and the appraisal value in the Morristown NJ area?
I don't know if there is an exact science to this Steve because there are many variables in how an appraisal is done. For example, if there are no similar comparable homes in the ... more
0 votes Share Flag Sun May 13, 2012 Home Selling in 07960
Fred Glick, Real Estate Pro in Los Angeles, CA
Fred Glick answered:
what can we expect to pay for a full service agent to sell our home in Morristown? Is it negotiable?
All commission are negotiable.

That being said, interview many agents. From big firms to boutiques, agents are different.

But, don't be swayed by fancy brochures. Selling y ... more
0 votes Share Flag Thu Feb 9, 2012 Home Selling in Morristown
Lynda Hester…, Real Estate Pro in Kinnelon, NJ
Lynda Hester D Orio answered:
My husband and I are first time home buyers who's offer has been accepted with one condition...the sellers want us to be responsible for getting
Hi ShyBuy
If you have a Realtor working with you they can advise you.
If you don't you should consult a Real Estate attorney asap so you can get a general understanding of the sa ... more
0 votes Share Flag Wed Jun 2, 2010 Home Buying in Morristown
Barbara Bert…, Real Estate Pro in Sparta, NJ
Barbara Bertone answered:
want to find an agent/broker who specializes in pre/foreclosures in Morris County NJ, specifically Morris Plains, Morris township, Morristown NJ.
Hi Lolly. I am an agent who has been fully trained in Short Sales and Foreclosures. I have obtained my CDPE (Certified Distressed Property designation and I live in Morris County and d ... more
0 votes Share Flag Sun Jul 4, 2010 Home Buying in 07960
Yelena Tsula…, Real Estate Pro in 07960
Yelena Tsuladze answered:
want to find an agent/broker who specializes in pre/foreclosures in Morris County NJ, specifically Morris Plains, Morris township, Morristown NJ.
Hello, Lolly!
My name is Yelena Tsuladze and I am Broker/Ownber of Advanced Realty Group.
Our office is located in Morristown.
Let's get together and discuss all your needs.
I ... more
0 votes Share Flag Mon Jun 7, 2010 Home Buying in 07960
Joan Congilo…, Real Estate Pro in Manalapan, NJ
Joan Congilose CRS,CDPE,GRI answered:
Two bedrooms are painted for children. One has an Alice in Wonderland feel and the other had a western motif. Should I paint over these themes?
Hi Steve
I definitely would paint the walls. It will make your home appeal to more buyers instead of a select group that happen to like those themes.
0 votes Share Flag Wed Jan 16, 2013 Home Selling in 07960
Peter M Di E…, Real Estate Pro in Morristown, NJ
Peter M Di Eduardo answered:
Resales of One Bed Room Condos in Morristown, NJ
I live around the corner from 3 of the projects you are referring to; Vail Commons, 40 Park Place and The Vail Mansion condos. All are newly built and are walking distance to town. Pr ... more
0 votes Share Flag Tue Mar 30, 2010 Home Buying in Morristown
Marc Paolella…, Real Estate Pro in Succasunna, NJ
Marc Paolella, Relo Director answered:
Young, professional newlywed couple looking to buy our first home in NJ. Neither of us is from NJ and we're trying to figure out which areas are
Hi Anon,

Unfortunately this type of post generates a lot of "hometowning". Which is where 10 agents post that their hometown is incredibly peachy and is where you simply ne ... more
0 votes Share Flag Mon Apr 30, 2012 Home Buying in 07960
Corey Grushin, Real Estate Pro in Morris County, NJ
Corey Grushin answered:
We are about to go into contract and the Radon test came back positive. We were told be a couple people that the mortgage company won't give us
Pamela a radon test is not a condition for a loan approval. It is a health hazard that needs to be addressed though.
0 votes Share Flag Tue Feb 16, 2010 Home Buying in Morristown
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
Single, young professional looking for first time home. Needs easy commute to Morristown, NJ & New York, looking for 2 bedrooms, any
Mariam, obviously, this is a question for a NJ agent to answer..............

I did a quick search on the MLS to see what might be out there in your price range.....without having to ... more
0 votes Share Flag Sat Feb 6, 2010 Home Buying in 07960
Patrick Thies…, Real Estate Pro in Elmhurst, IL
Patrick Thies SFR, CNC answered:
Just wondering about pricing a home for sale. All of the houses in my neighborhood are of the split style and all were built around the same time.
That's going to depend on your area. You need to look at what homes with basements are selling for in your area. It shouldn't be that hard to find out if most of the homes i ... more
0 votes Share Flag Thu Jun 28, 2012 Home Selling in 07960
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
Can I get a 3 bed and 1.5 bath house in Morristown or it's surrounding areas for $275 or less?
Hi Abe
There are currently 7 homes listed in Morristown from 259,000 - 279,000...with 3 bedrooms and 2 baths (1 house has only 1 bath - the others have 2 full baths).

Please feel fr ... more
0 votes Share Flag Sat Oct 24, 2009 Home Buying in Morristown
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
Do house prices drop in the winter time? Also, what % would be a good starting offer off a house?
HI again Abe ...............(I responded to another question you posted)

I wouldn't say house prices drop off in winter, per se, but there may be fewer listings once the holida ... more
0 votes Share Flag Sun Oct 25, 2009 Home Buying in Morristown
Janet Ellis, Real Estate Pro in 07930
Janet Ellis answered:
Is flooding an issue in any specific areas of Morristown?
If you check the FEMA maps, there are a couple of areas -- One plain that appears to follow the Whippany River (around the railroad tracks) and another in the area on the south side of ... more
0 votes Share Flag Thu Jul 29, 2010 General Area in Morristown
Yelena Tsula…, Real Estate Pro in 07960
Yelena Tsuladze answered:
Is it possible to find a 2 bedroom condo or townhome home in Morristown for less than $200,000?
Hello!
Yes, there is one property in Morristown in the price up to $200K.
In Parsippany there are many condos in this pirce range.
Let me know, please, if I can be any help to you.
... more
0 votes Share Flag Mon Aug 17, 2009 Home Buying in Morristown
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