Jemmy Kan

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Jemmy Kan,  in Somerset
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Jemmy Kan's Questions (10)
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Jemmy Kan answered:
Dear Mary,

Your accusation has no stand as I asked my realtor to provide all condo/townhouses in Edison with A,AR,U and C for past 12 months, and I believe any licensed realtor are honest, including mine. There is no reason why my realtor would provide me with the outdated info. - Mon Mar 24 2008, 10:40
Dear Deborah,

I think anyone can read English should be able to understand Dr. Cheng's posting well. My interpretation is that he was wondering why in the same Westgate community, the one listing HIGHEST sold first rather than the lowest. I think if you got a chance to read Pollak's explanation, it is becaues of location. Some location of the same unit may be more desirable than others, althought in the the same community, and I think Pollak living in Westgate had the most authority to answer the question. After all, it is his HOME community.

As you can see both Dr. Cheng and I are "Home Buyers". In order for home buyers to make correct decision, they have to shop and compare and of course collect all the real estate information for the area going to buy. I posted the information I know about Westgate here to share my two pennys.

I know you are top Trulia realtor, but I have my own one already, and believe or not, my realtor is wonderful and set an alert to automatically report the new listing ant sold info to be email to me, so I can obtain well timely and educated market info. I feel hundreds of other buyers do not have the luck I have and they seemed to be in the dark desperatedly looking to buy but got lots of misleading info.

I would say a morden realtor should provide relavant info as necessary and see fit like I have been doing (unfortunately, I do not get all the info), and that will help hundreds of desperated buyers to buy as soon as possible and sellers move up to buy their bigger dream home, not playing "hike and seek".

In geneal, I feel very sick seeing realtors said, "oh! if you would pay commission to me, then I would tell you ..." That is NOT right, and not the purpose of Trulia Voice...

How do you think? - Mon Mar 24 2008, 10:36
I was surprised to find out that 59 LINDA LANE, Edison NJ at Westgate community also sold under attorney review, but at $385,000! Same 2br 2hba townhouse. So the price going up again for this 2br 2hba townhouse community? - Tue Mar 18 2008, 20:44
I saw Dr. Cheng said "Every house priced by licensed realtor price RIGHT", and I totally agree. Why would a lincensed intentionally price a listing WRONG??? wasting time and marketing cost??? If the house price wrong and not sell, it won't help the listing agents at all. So, I believe every house listing with agent is "price right".

So, in Mary's words, every house listing should sell since every house all price right.

Besides, the egg, milk, gold, gas ...etc jump more than 42% since 5 years go, so the housing price is ver reasonable due to inflation.

All my neighbors are sold out, so there is nothing to compare ... One day, I was surprised to be told by a realtor who probably got contaminated by the fraud tv news and told me the real estate market was bad, I told her, totally WRONG! If market is bad, I should have dozens for sale sign in my community, but then, the communit is SOLD OUT!!! Somehow, the agent was so addicted to trying to talking down the price and not facing the reality that we can all see, NOTHING for sale in the community ... Why????

Well, I do believe my eyes, seeing NO for sale signs, but NOT believe the TV or some people who could NOT use their eyes to see that no for sale signs in the community. Did I miss something?

I tend to think licensed professionals will not lie, but why even I pointed out the community sold out, s/he still trying to say the market is bad???? When market was really bad in 1990's, the same community had over 50 units listing for sale, but now, all sold out, nothing available, and the recent ones sold about the same price as past 2 to 3 years ...

This reminds me Chairman Mao in China tried to brain wash people, and he had a very famous saying that "Lies goes hundreds times will become the truth" Is that going to be the same in America??? - Mon Mar 10 2008, 23:24
Thanks for all the info. So, I think media whining about subprime or real estate is fraud, trying to steal taxpayer money, if houses like 10 Mathew Ct sold in one open house and over the listing price, what kind of real estate market is this?

I personally believe 92 Westgate Dr has been sold to the buyer directly. I think the seller got so many buyers knock at the door and withdrawn from MLS trying to avoid commission. At sellers market, so many buyers, why you need to pay commission?

Anyway, I also saw this sign at 6 Michelle Ct Piscataway NJ can called, but then the realtor said she got a new year party could not show, then weeks later, I saw the for sale sign gone, then saw it has been sold. Gee! not even got a chance to see this house... What kind of real estate market is this?

Anyway, I went to this wonderful Edison Exchange workshop http://edisontrain.com/ and finally understand that there are over 3,000 commuters now using Edison Train Station, so many buyers coming to the area, no wonder ... I think I better work harder ... - Sun Mar 9 2008, 19:56
Yes, sometimes, the closed price is either full price or even over, and it is not unusual. e.g. 10 Mathew Ct, Piscataway NJ 08854. I went to the open house, and before I made an offer, I was told it has been sold. It was listing $599,900, so my intended offer of $550,000 did not make any sense. Later I heard it was sold and closed at $600,000+ over the asking price. I am sure someone can verify it. It was not too long ago... - Sat Mar 8 2008, 20:54
When would be your next open house? Would you consider discount with cash offer? - Fri Mar 7 2008, 15:39
I saw this unit withdrawn, instead, 110 Westgate Dr sold for $339k... http://msx.mlxchange.com/Pub/EmailView.asp?r=1734835815&s=MS… - Thu Mar 6 2008, 12:23
Jemmy Kan answered:
Very True. We just had a nice last lunch at this wonderful Mountain View Dinner at Middlesex http://maps.google.com/maps?f=d&hl=en&geocode=&saddr=40.58078… today after walking along Mountain Ave http://www.middlesexboro.com/ to see nice Middlesex Library, Boro, senior center and brand new Police Department.

After that, we walked over back to Mountain Av to have Rita Icy and at the intersection of Mountain Av and Bound Brook Ave, there is NJ Transit 114 Bus, and the amigo working at the diner and lived at Plainfield told me $2.15 to Plainfield, and the bus will go all the way to New York City, and the other side to Somerville.

Right next to this Mountain View Dinner is Mountain View Park which is together with Middlesex Boro High School, across st is a nice McDonald. very quiet. The park has a nice swimming and waterride facility that you can join member to have a nice summer with your family.

The streets there were so clean that I saw no a piece of trash... Across St of Mountain View Dinner is a brand new Unity Bank, the manager told me that they gave very good rate and had only 12 branches, but the catch is that it require to have direct deposit to the account.

Right next to Rita Icy was a new CVS and futuer is new Wendy's, then a shopping center with Chinese restaurant and brand new Farmer's Market 28 ... - Sun Mar 23 2008, 22:56
Very true. Also, if you look at this 7 Station Square in Middlesex County http://maps.google.com/maps?f=d&hl=en&geocode=2545915931115000340… around Middlesex Mall and Hardley Shopping Center http://middlesexmall.blogspot.com/ you would be sure that the area is booming in the near future ...

One reason is that many visitors to New York City from the west like PA, OH, IL ...etc and from south like DE, MD, VA, NC, SC, FL ...etc, will stay in this area rather than going to live at New York City since hotel there is so expensive.

So, at nights, if you eat out every day, you will see most restaurants in Middlesex Mall http://middlesexmall.blogspot.com/ are full, not to mention weekends. This also can be seen by many new hotels built in the area and one more 5 story hotel going to be built right next to Edison Train Station http://edisontrainstation.blogspot.com/

So, you see lots of job openings in the area, and many people relocation here or commute to the area and planning to move here. Here are some recently sold under attorney review single family houses for your reference:

1. 9 NETHERWOOD Av, Piscataway NJ 08854 3br 1ba at $259,000 http://maps.google.com/maps?f=d&hl=en&geocode=&saddr=edison+…

2. 367 WILLIAM St, Piscataway NJ 08854 $284,900 3br 1ba http://maps.google.com/maps?f=d&hl=en&geocode=&saddr=Dunelle…

3. 1 CHURCH St, Piscataway NJ 08854 3br 1hba ranch $299,000 near Dunellen Train Stn http://maps.google.com/maps?f=d&hl=en&geocode=&saddr=Dunelle…

4. 32 BEVERLY Rd, Piscataway NJ 08854 3br 1ba ranch sold under attorney review at $299,900 near Edison Train Stn http://maps.google.com/maps?f=d&hl=en&geocode=&saddr=edison+…

5. 2 ODE PL, Piscataway NJ 08854 2br 1hba capecod just sold under attorney review at $299,900 near Dunellen Train Stn http://maps.google.com/maps?f=d&hl=en&geocode=&saddr=Dunelle…

6. 382 WASHINGTON Av, Piscataway NJ 08854 3br 1ba capecod walk to Dunellen Train Stn just sold under attorney review at $299,900 http://maps.google.com/maps?f=d&hl=en&geocode=&saddr=Dunelle…

7. 158 WOODROW Av, Piscataway nj 08854 3br 2ba ranch just sold under attorney review at $300,000 near Dunellen Train Stn ... http://maps.google.com/maps?f=d&hl=en&geocode=&saddr=Dunelle…

There are many more single family houses sold in Piscataway recently because Piscataway High School has over dozen students won #1 in NJ FBLA Competition this year over hundreds of all other high schools, I am sure some Trulia realtors can run a complete list of all single family houses in Piscataway with AR, U and C for past 6 months to show you ...

Last year, yes 2007, Piscataway (08854) sold close to 500 homes, Edison (08817, 08820, 08837) sold close to 1,000 homes, according to NJ State government website. - Thu Mar 20 2008, 22:05
Jemmy Kan answered:
Dear Sashi,

As you may not know, your description already eliminate any licensed Trulia Realtor to answer your question. Why? Let me try to rephrase your question:

"I am engaged with a girl, but I am looking to marry with other girl, can any of you girls to answer my question about other girls?" Why would other girls answer your question?

Licensed realtor is "exclusive OR" if you know computer programming. So, you can ONLY have one realtor, and once you annouce you are working to a realtor, all other realtors HAVE TO stay away with you, or the one realtor working with you can accuse them steal his or her client.

Ok, here I am, I am not girl, so don't care who you are going to marry with (i.e. buy home from). You should go to Realtor.com and find for all listing in Renaissance. e.g. http://www.realtor.com/search/searchresults.aspx?ctid=36294&… and you will get a pretty good idea of the true estimated price.

As real estate expert, Dr.Cheng, said in many of his posting that "Realtors always price the listing price right..." (why price wrong to not able to sell? and waste marketing cost of listing agent?), so you can deem realtor.com's listing are pretty much "right". Some variationes depends on the location, end unit, upgrade, ...etc, and do NOT hesitate to go to open houses of thouse listed units.

Who knows, maybe you found one better matched than the FSBO one and buy one.

You are correct that homes in North Brunswick area seemed to be gone up since 2005-2006 because the real estate in Greater Edison area booming for past years... (need examples? ok, give Ching at Remax a call, she got Gold Medal in both 2006 and 2007, ask her if there is no buyers how could she sell over $10millions in those two years in Greater Edison area?)

So, check out all the listing at realtor.com the MLS alternative, and you shall get all the idea... - Sun Mar 23 2008, 22:35

Question removed

Jemmy Kan answered:
Need more example of sold price bidded over the listing price recently?
45 KENSINGTON Dr, Piscataway NJ 08854 http://maps.google.com/maps?f=d&hl=en&geocode=&saddr=dunelle… 2br 2ba condo at Canterbury http://canterburyatpiscataway.blogspot.com/ listing at $259,900 and sold and closed at $270,000!!!!

Canterbury sold 4 more units in past week or two. Why? because there is a student of Piscataway High School got full score at SAT, and many buyers want to move to top school districts... That student went to Kindergarden at Piscataway called Early Learning, then Grandview Elementary School of K to 3, then Arbor Intermediate School of 4 to 5, the Schor Middle School of 6 to 8, then Piscataway High School.

By the way, Piscataway High School got 9 students obtain full scores in SAT this year!!! - Sun Mar 23 2008, 22:14
Yes, all the units just sold under attorney review would not tell you the actual sold prices till they are closed. And, it could close MORE than listing price. e.g.

63 REDBUD Rd, Piscataway NJ 08854 2br 1hba townhouse at University Heights was listing at $241,900 and just closed at $244,000!!! Of course, the community is now SOLD OUT! (this one has nothing to do with Trulia since it was not listing at Trulia, but of course, now when I posted at Trulia Voice, Trulia shall update many prospective buyers that sold prices do close MORE than listing price ...)

I think Trulia's posting should be updated!!! http://www.trulia.com/voices/Market_Conditions/_Redbud_Rd_Pi… - Sun Mar 23 2008, 21:37
It seems our Trulia realtors at Edison area busy helping hundreds of prospective buyers coming to the area, do not have time to fool around at Trulia any more? That's great sign!!!

Many more condo/townhouses sold at Edison:
1615 EDISON GLEN Terrace, Edison NJ 08837 3br 2hba townhouse at Edison glen just sold at $359,900
1805 Edison Glen Terrace, Edison NJ 08837 2br 2ba condo at Edison Glen just sold at $259,900
604 EDISON GLEN Terrance, Edison NJ 08837 1br 1ba condo at Edison Glen just sold at $199,900.
736 WATERFORD Dr, Edison NJ 08817 2br 2ba condo at Waterford just sold at $244,900
503 MAPLECREST Rd, Edison NJ 08820 2br 1hba condo at The Maples just sold at $269,000
203 MAPLECREST Rd, Edison NJ 08820 2br 1hba condo at THe Maples just sold at $309,900
37 HAWTHORN Dr, Edison NJ 08820 3br 2hba townhouse at Dog Medows just sold at $419,900 - Fri Mar 14 2008, 12:57
Well, trying to contact your realtor on Edison Manor, University Heights at Piscatway, Edison Hollow South ...etc, to see if they are all SOLD OUT!!! Soon, Westgate and Edison Glen will join them ... - Fri Mar 14 2008, 12:56
Great! So, I just saw 180 Westgate Dr Edison NJ just sold under attorney review. Is that also sold by some agents you know?

It seems Dr. Cheng was correct, Westgate is going to be sold out soon... but why? Isn't that real estate is slow? - Thu Mar 13 2008, 20:29
No, Trulia does not sell homes, Trulia realtors do. One recent example, is that 110 WESTGATE Dr listed at Trulia just sold... - Tue Mar 11 2008, 21:25
Jemmy Kan answered:
Yes, many media are LIERs, and that's why we need to count on Trulia Voice here... :-) Need example?

Ok, Bear Stern was $170+ a share last year, and the thursday before last was $57, then Friday was $30, then at Sunday was acquired by JP Morgan Chase at $2 !!!! Why? I think it was due to those "short sellers" to short die Bear Stern with the help of lier media.

By the way, there is just one unit came out for sale, and that's 62 Redbud Rd Piscataway NJ http://maps.google.com/maps?f=d&hl=en&geocode=&saddr=Edison+… and somehow, it was "slashed" by listing agent to $235,000 !!!! Why?

I believe at the time listing agent of 63 Redbud Rd kept the OVER the listing price SOLD price $244,000 for months till closed, and in the mean time, other realtor, cooperatively to "bash down" the next door seller, maybe saying something like "...Look! market is down, next door listing $241,900 and sold, so you have to list lower..."

Well, the listing agent would NOT review the fact next door 63 Redbud Rd, in fact, close MORE than listing price at $244,000.

So, yes, they are liers, and they play together to bash down the price....

So, I was thinking, maybe I should buy some $2 Bear Stern??? - Sun Mar 23 2008, 21:47
63 REDBUD Rd, Piscataway NJ 08854 2br 1hba townhouse at University Heights was listing at $241,900 and just closed at $244,000!!! Of course, the community is now SOLD OUT! - Sun Mar 23 2008, 21:38
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