Joan- The condos you are referring to are in the Dolphin Cove complex. In years past, this was a popular investment/rental community. In the past few years, the complex has gone through some major changes, including a name change and a new Board of Directors made up on second home owners that placed a great bit of energy into making the community more "user" friendly, as opposed to just rentals. This has attracted many second homeowners looking for a small getaway investment. Taxes on 1 & 2 bedroom units run about $2000/year. Fees on a 1BR are about $275 & a 2BR about $366 - the fees may sound high but they include: insurance, gas heat & hot water, Dish cable tv, trash, maintenance & management. If you are interested in more information, please send me an email at email@example.com or visit our website at 609-Homes.com.... more
No one knows for sure at this point. I would advise my customers to stick with the ABFE: A zones vs the ABFE: V zones. Here is the proposed FEMA flood map showing those areas ..... http://www.shorehomes.com/features.aspx?id=207... more
I am thinking you may be referencing 99 Sailfish which is currently on the market for $252,000. However this property is a short sale not a foreclosure. The yearly rentals have been turning over quickly and lease purchase options are rare. I would be happy to assist you with either a rental or a purchase but would need more information from you to evaluate your best options. Please contact me to let me know how I can help.
Prudential Fox & Roach Realtors
Brigantine Sales Office
The green fly situation is greatly exaggerated. When I was a kid, & much of the island was undeveloped, they could be bothersome. Now, they are pretty much confined to the far north end of the island, the back bay areas, & some of the golf course; this is their habitat. In very hot, still weather they can be a problem in those areas. when there is a breeze much less so. Where I live, for example, in the center of the island, I literally never see a green fly. There are also green flies in other towns, inland in Galloway township, wherever it is marshy.... more
I don't live there, but my sis does. They are on the north end. They aren't always out, it depends on the weather and the winds. There were many, many times I was at her house and there were no greenheads. But when they are out they are on the northend and they could be brutal.... more
A riparian grant signifies ownership of the docks and piers and no annual fee is due to the State of New Jersey. An upfront charge is paid to the State for this ownership. A riparian license signifies a license to use the docks or piers but an annual fee needs to be paid to the State of New Jersey. These fees may increase so its important to consider the cost of the annual fee when purchasing a waterfront property.
Well, the market is now. People list their homes in order to close by the end of the school year. If you are thinking about listing.. now is the time.
Now is also the time to jump inot the game.. if you are ready to buy get out there! Some people like to wait.. then they end up settiling on a house rather then buying the house they want. If it is going to be for sale.. it is probably goping to happen now ... start looking. Get pre approved with a BANK, not Bob's Mortgage Brokerage, a real bank that can get the loan done. then move forward.
Good luck -... more
Hi Steph! Bayberry condos are conveniently located behind the Acme and are close to the beach, each unit also has it's own garage with an additional storage room, units are 2 bedrooms and have either 1 or 2 baths they can make either a great summer getaway or investment for a yearly rental! Please feel free to contact me to take a look at what's available to fit your needs in Brigantine! (609) 517-3638... more
Hi Jane, It depends on a number of factors, including the location of the property, age of structure, and how many flood vents it may have. All flood insurance has a maximum coverage of $250,000 and the rate is based on the above factors and a flood elevation certificate (generally prepared by a surveyor). Two local insurance agents to check with are Heist Agency in Margate and Siracusa in Atlantic City.... more
Brigantine's proximity to Atlantic City is a contributing factor: (just an observation.)
I never like saying this, but you may have no other recourse but to consult an Attorney:
If you walk away from it, you will bear all the bad things on your shoulders, (one way or another).
It is 20/20 hindsight to say that you picked the wrong Condo and the wrong HOA.
The only option that I can think of is renting it out for a while:
You can't have that much of a monthly payment,
And even if the rent doesn't cover your PITI, a few hundred would be worth it!
Please don't blame HUD, they are helping a lot of people and you can't blame them for the mess that someone has created. In fact, HUD may be your best path to another house or condo. Talk to a Realtor and Loan rep.
You may want to talk to a Mortgage guy now, to find out if you can get another place, (with this rented out) before your credit goes down the tube.A good guy that I respect a lot is; Shane Milne at; firstname.lastname@example.org He answers a lot of questions here on Trulia.
This is where I get up on a soapbox and tell everyone why I don't recommend Condos and actually HOA's in general. You've provided the evidence.
Good luck and may God bless... more
If you have a reliable insurance agent handling you rauto insurance call them first. If you have a company that covers all types of insurance like State Farm, Farmers, or a variety of others you can probably get a discount on your homeowners. If not then, shop Fireman's Fund, Hartford, State Farm or Farmers. I am sure you will find acceptable rates and plans.... more
Yes, you are responsible for both condo fees and real eastate taxes. If you are not currently working with a realtor. I will be happy to assist you in your search. Please call me at 609-870-0066
Weichert. Realtors... more