Franklin Park : Questions & Answers

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Rebeca Flores, Home Buyer in Houston, TX
Rebeca Flores answered:
Why don't we build more concrete homes in the US?
I really hate that everything is wood!! I much rather live in an cement based home than wood. Plus we are wasting so much trees on these houses. I really wish the US would stop.
If yo ... more
0 votes Share Flag Mon Apr 6, 2015 Home Buying in 08823
Jerel Washin…, Real Estate Pro in Princeton, NJ
Jerel Washington answered:
Live in Franklin prk Nj have 59 k to invest in reo propery....any condos available?
Metta,
Is your goal to purchase your first investment? Do you have a current portfolio? If so, how many properties do you own and what is there make up? Are you looking grow or start ... more
0 votes Share Flag Mon May 12, 2014 Home Buying in 08823
Jerel Washin…, Real Estate Pro in Princeton, NJ
Jerel Washington answered:
Why are the homes are Butler Road in Franklin Park so Expensive?
Franklin Park is a great area in Somerset county, great schools, low crime, awesome amenities all around. Home prices are high because you are paying for location, location, location an ... more
0 votes Share Flag Mon May 12, 2014 Quality of Life in 08823
Jerel Washin…, Real Estate Pro in Princeton, NJ
Jerel Washington asked:
What are the best Cycling Routes, Clubs & Rides near Franklin Park, NJ? I just moved to Franklin Park and am looking for Cycle Routes, Bicycle Clubs & Group Rides locally. Any suggestions...?
0 votes Share Flag Mon May 12, 2014 In My Neighborhood in 08823
Mail2ajay, Renter in
Mail2ajay asked:
15 jill ct somerset nj This question was asked from http://www.trulia.com/property/3146243350-45-Champlain-Way-Franklin-Park-NJ-08823
0 votes Share Flag Sun Apr 6, 2014 Market Conditions in Franklin Park
Shalu Thaman, Real Estate Pro in West Windsor, NJ
Shalu Thaman answered:
I am looking best school system in Middlesex, Mercer, Somerset or Hamilton in high 200 to low 300K range homes in less than 15 yr .any advice?
Hi Dina,

Your price range dictates areas, so while you can research schools, it makes sense to start with Step 1, rather than go with the #1 school district on your list & then find ... more
0 votes Share Flag Fri Mar 21, 2014 Home Buying in Franklin Park
Andrew Tisel…, Real Estate Pro in 07024
Andrew Tisellano, Broker/Assoc answered:
What is usually a Health and Safety "issue" when it comes to an appraisal?
could be anything from environmental to loose banister. FHA does a more specific inspection.
items to look for is peeling paint roof leaks inoperable appliances and heating
0 votes Share Flag Sat Mar 1, 2014 Home Buying in 08823
Shalu Thaman, Real Estate Pro in West Windsor, NJ
Shalu Thaman answered:
Why are homes in Franklin Park so overpriced? Is it me?
If you are a homeowner, considering either renting or selling your home,the clarifications to your 1st & 2nd statement are as below:-

1. Whether a market-based rental price covers a ... more
0 votes Share Flag Tue Jan 28, 2014 Home Buying in Franklin Park
Awc4282, Home Buyer in Hartford, CT
Awc4282 answered:
FHA Loan Streamline Refinance and Subordinating NJ smart Start Program
HI Max. I had the same exact problem. I was told that NJ Housing Agency would have to subordinate the loan. When I called them and advised them that I would like to do a Streamline R ... more
0 votes Share Flag Sun Oct 6, 2013 Financing in Franklin Park
Patricia Per…, Real Estate Pro in Somerset County, NJ
Patricia Pertusi answered:
What happens if the appraisal comes back lower then the sale price of your home?
In most cases, the sale price is renegotiated. Sometimes the bank will review other comparables and adjust their decision. Occasionally, another appraiser is brought into the picture. ... more
0 votes Share Flag Sat Jun 29, 2013 Home Selling in 08823
Ronald Sheedy, Real Estate Pro in 07066
Ronald Sheedy answered:
is it ok to buy a house on Charles street behind middlebush park? I heard park is being expanded. how will the noise and safety be?
Johnsonabraham,

It is have to answer this question without knowing the type of expansion planned. I would recommend you contact the Recreation Department in Franklin Park to confirm ... more
0 votes Share Flag Fri May 3, 2013 Crime & Safety in Franklin Park
Gina Chirico, Real Estate Pro in Fairfield, NJ
Gina Chirico answered:
Where would you find a listing of agents that are familiar with Fannie Mae's HomePath home process?
Ray,

The selling agent must be registered with HomePath in order to submit offers. All offers must be submitted online by the selling agent using HomePath's portal. If you search ho ... more
0 votes Share Flag Wed Feb 13, 2013 Home Buying in Franklin Park
Dlhowell998, Home Buyer in Franklin Park, NJ
Dlhowell998 answered:
How long does it take for the bank to get an appraisal report?
A long time...

Had an appraisal ordered for a conventional loan in the Austin area for a rural property. Was accepted by an appraiser a few days after being ordered (Tues), 4 days l ... more
0 votes Share Flag Wed Aug 29, 2012 Home Buying in 08823
Kenneth Verb…, Real Estate Pro in Princeton, NJ
Kenneth Verbeyst answered:
What is typically the scope of work provided by a property manager, and how much is an appropriate fee for this service included in a base rate.?
If you are referring to individual residences, all fees and commissions are negotiable. When I manage homes the fee depends upon the attention the owner requires such as number of insp ... more
0 votes Share Flag Mon Aug 20, 2012 Home Buying in Franklin Park
Jeanne Feeni…, Real Estate Pro in Basking Ridge, NJ
Jeanne Feenick (908) 337-0943 answered:
How to list my home for sale?
As you can see, you'll need to aligh the support of an agent to help you - and the benefits of that extend far beyond access on Trulia - however, access on Trulia is one very important ... more
0 votes Share Flag Thu Aug 16, 2012 Home Selling in 08823
Diane Vanvli…, Real Estate Pro in New Jersey
Diane Vanvliet answered:
When should I start looking for a house if I want to move in January?
Hi Ray.....There is no time likethe present to begin your search, as buying a home is usually the most important decision people make in life. A good agent will understand your needs ... more
0 votes Share Flag Tue Jul 3, 2012 Home Buying in Franklin Park
Camille A. M…, Real Estate Pro in Bayville, NJ
Camille A. Marotta answered:
Closing date and FHA Loan
FHA should not take any longer than a conventional loan if they are underwritten by a mortgage lender that has in house underwriting.

If the contract date is about to expire, the att ... more
0 votes Share Flag Mon Jun 18, 2012 Financing in 08823
Camille A. M…, Real Estate Pro in Bayville, NJ
Camille A. Marotta answered:
FHA Loan Streamline Refinance and Subordinating NJ smart Start Program
You were given the incorrect information. i have completed a streamline refinance on two other properties. You can streamline for a lower rate as long as you are not cashing out or ad ... more
0 votes Share Flag Mon Jun 18, 2012 Financing in Franklin Park
Gloria Laugh…, Real Estate Pro in Princeton, NJ
Gloria Laughton Allston answered:
WE NBUYING A HOUSE CASH. WE FOUND A SHORT SALE, BANK APPROVE PRICE CAN CLOSE NOW. ITS A FIXER UPPER.
Short sales can take a while because of a number of reasons but often it has to do with Bank backlogs. You did not mention it but banks sometimes ask for 2 appraisals when the property ... more
0 votes Share Flag Mon Apr 30, 2012 Home Buying in 08823
Francesca Pa…, Real Estate Pro in Monmouth County, NJ
Francesca Patrizio answered:
How long does it take a appraisal to get to the bank once its in the computer after the appraiser had sent it in the computer?
Sherui,

My expereince, if there are no issues with the appraisal, then 24 to 48 hours is the norm. However, if the appraiser is having difficulty (and this happens often these days ... more
0 votes Share Flag Fri Jan 6, 2012 Home Buying in 08823
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