Elizabeth (liz) Egan

I'm a:	Real Estate Professional
Company:	Prudential New Jersey Properties
Location:	Watchung
Phone:	(908) 963-4102

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"Liz was the light at the end of that dark tunnel....we were searching for a home over an 8 month period and getting nowhere. We happened to contact Liz on one of her listings. She handled our requests with honesty & professionalism. We will be a repeat client for Liz when ever a real estate situation arises. I would refer Liz to all my family & friends!"
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Elizabeth (l…'s Questions (0)

Elizabeth (l…'s Answers (4)

do you think right now is the best time to buy a home or should i wait?? is the prices will keep going down?

Asked Fri Aug 1 2008, 11:24 by Tuta - New Jersey - Home Buying - 12 answers

Elizabeth (liz) Egan answered:

Tuta,
This is truely a BUYER'S Market. Home prices are at an all time low and interest rates are still stable. Even if home prices fall a bit more, mortgage rates are predicted to rise. This will result in actually paying more for your property in the long run. If you are a 1st time home buyer, there are certain Government fundings being offered (smart start) and a probable $7500 credit which was just endorsed by President Bush.
Good luck in your search!
Liz - Fri Aug 1 2008, 12:11

What's the average time a condo will sit on the market before it's sold?

Asked Thu Jul 31 2008, 07:05 by Busta - Guttenberg - Home Buying - 6 answers

Elizabeth (liz) Egan answered:

Many may try & convince you that today's market is the worst yet! If a property is priced correctly & receives the proper advertising, they are STILL selling. Contact a local Realtor and ask for a Comparable Market Analysis in your prefered area. This will show the currently listed, recently sold, under contract and expired listings that are comparable to what you are looking at. It will also give you the "average" days before a sale.
Good Luck!
Liz - Thu Jul 31 2008, 13:18

Buying a Foreclosed Home - Advice Needed!

Asked Sun Jul 27 2008, 07:52 by Jill - Fort Lauderdale - Home Buying - 9 answers

Elizabeth (liz) Egan answered:

I am a licensed Realtor in New Jersey, but no matter where the property is located, the BEST advice is to contact a Real Estate Atty in your area. Usually once a home is in forclosure, many banks/mortgage companies use their own realtors. The money spent on an attorney would be worth the peace of mind during the transaction. They are there working for you and your protection. As I stated, I am in New Jersey, but real estate laws are basically similar all over. Even though the home is in foreclosure, you may still be able to negotiate price and home inspection issues. This does differ state to state & bank to bank. Call an Attorney!
Good Luck!
Liz - Sun Jul 27 2008, 08:24

Hello: I'm thinking of purchasing a condo in North Plainfield, NJ and I see many units for sale.

Asked Tue Mar 11 2008, 08:53 by Daria Whelan - Plainfield - Market Conditions - 8 answers

Elizabeth (liz) Egan answered:

Hi Daria: If you're still in the market for a condo, choices are still plentiful. I have a great 1 bedroom that has many updates & in move in condition. There is also new funding available on this unit for 1st time home buyers. I would be more than happy to have you preview this condo & explain the financing available on it. If you have already purchased, I wish you the best! - Wed Jul 16 2008, 08:47

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