Mount Laurel : Questions & Answers

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Harley Wilcox, Real Estate Pro in 83455
Harley Wilcox answered:
What are my options if the appraiser issued a low report using bad comps and then refuses to adjust?
It looks like not much has changed over the past few years. I have had recent trouble with appraisers from outside our market area using band comps that are irrelevant. Appraisers shoul ... more
0 votes Share Flag Mon Apr 30, 2012 Home Selling in 08054
Bernie Day, Real Estate Pro in 08075
Bernie Day answered:
can you tell me the ratio of taxes between Burlington County to Camden County which one is higher?
Barbie,

Go to http://www.state.nj.us/treasury/taxation/lpt/taxrate.shtml . Click on your County of choice, and then look at the EFFECTIVE TAX RATE (not the EFFECTIVE TAX RATE) colum ... more
0 votes Share Flag Fri Apr 6, 2012 Home Buying in 08054
Louise Capri, Real Estate Pro in Mount Laurel, NJ
Louise Capri answered:
Medford/Medford Lakes
Medford has already been reassessed. The residents received a letter with their new assessment. The tax rate is not determined though, until July, 2012. This can impact the cost of t ... more
0 votes Share Flag Sat Mar 31, 2012 Home Buying in Mount Laurel
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
does a leasing agent for an apartment complex in NJ which is owned and managed by the same copmany require a real estate license?
Most States require a license when you are
representing a property for Sale or Lease,
or when you are handling Sales or Lease documents.
0 votes Share Flag Sun Feb 5, 2012 Agent2Agent in Mount Laurel
Diane Glander, Real Estate Pro in Spring Lake, NJ
Diane Glander answered:
My credit is still reeling from the affects of my divorce (low 5's). What are my options right now as far as getting my kids and I into a house?
Hi Chester,
If you want to rent, you have options. You can offer to put additional money down on the lease to act like an insurance policy for the owners. Or, you can get someone to ... more
0 votes Share Flag Mon Jan 30, 2012 Credit Score in Mount Laurel
Shawn Rosa, Real Estate Pro in Belleville, NJ
Shawn Rosa answered:
can past unemployement count towards min two years income to qualify for a mortgage?
Absolutely not. Lenders want to see a steady job history, including both income and time spent at the job itself. Receiving unemployment obviously means you had no job and therefore no ... more
0 votes Share Flag Wed Jan 4, 2012 Home Buying in 08054
Barb Saccoma…, Real Estate Pro in Mount Laurel, NJ
Barb Saccomanno answered:
Mid 30's couple relocating from Southern Florida to Mount Laurel area with a child in grade school and wanted an excellent school system, fun,
Hi Danielle,
Mount Laurel definently has a great school system. There are also fantastic neighborhood's for your age group. I not only sell in Mount Laurel but I live here as w ... more
0 votes Share Flag Fri Dec 23, 2011 Home Buying in Mount Laurel
Patricia C.…, Real Estate Pro in Mount Laurel, NJ
Patricia C. Cooper answered:
My daughter is trying to buy a townhouse/condo for $147,000 in Mt. Laurel (08054). She is being told that
The mortgage companies do not "spot check" the condos. The associations have to submit paperwork for approval and some of them have not done that yet. The management company s ... more
0 votes Share Flag Sat Oct 22, 2011 Home Buying in 08054
Dawn Mccann, Real Estate Pro in Marlton, NJ
Dawn Mccann answered:
can you tell me what this house sold for? 7704 -B Normandy Dr, Mt Laulel Nj 08054
Good evening,

The property at 7704B Normandy sold back in 6/4/2004 for $187,900. It was just on the rental market from 2/9/11 and rented for $1575 on 3/16/11.

It is in Park Place ... more
0 votes Share Flag Wed Oct 5, 2011 Home Buying in 08054
Mary Petti-A…, Real Estate Pro in 08820
Mary Petti-ABR,SFR, Relocation answered:
What is the current average price-per-square-foot for custom home construction for houses in the 3,500 to 4,000 square foot range in mt. laurel, nj?
Aohnew

It could be anywhere from $150/SF for basic construction to $400/SF + for top of the line construction (like including decorative woodwork, high end appliances/fixtures, paver ... more
0 votes Share Flag Wed Oct 5, 2011 Market Conditions in 08054
Gina Chirico, Real Estate Pro in 07004
Gina Chirico answered:
What questions do first-time buyers have about buying a new home? Would love to know your questions so I can help you to get them answered.?
I think both of you missed the boat on this one. Valerie is a real estate agent and I believe her question is geared at first-time buyers. She's not asking a question to professi ... more
1 vote Share Flag Sun Oct 2, 2011 Home Buying in 08054
Valerie Pres…, Real Estate Pro in Willingboro, NJ
Valerie Pressley answered:
What does pre-foreclosure mean? Why do they not offer addresses on these?
Hi Tracey,
A "pre-foreclosure" home is a property where the homeowner is behind on their mortgage payments. Foreclosure isa process, which these days can take 18 months or m ... more
0 votes Share Flag Tue Sep 6, 2011 Home Buying in Mount Laurel
Jessica Holt…, Real Estate Pro in 08057
Jessica Holtzman answered:
why would a bank appraise short sale $25,000 more than the highest price the home has been listed on the market, short offers 65k less?
Typically, for short sales, a BPO or Broker Price Opinion is completed and submitted to the bank. A BPO is similar to an appraisal for a normal real estate listing. This value is what ... more
0 votes Share Flag Wed Aug 31, 2011 Home Selling in Mount Laurel
Jessica Holt…, Real Estate Pro in 08057
Jessica Holtzman answered:
Which condos in lower burlington county, nj are all dog-friendly, (no weight restrictions)?
Most of the condos will allow pets. Some have restrictions as to the size (under 25 lbs). There is a handful of them, such as Brittney that do not allow pets.
0 votes Share Flag Wed Aug 31, 2011 In My Neighborhood in 08054
Jessica Holt…, Real Estate Pro in 08057
Jessica Holtzman answered:
i have LPMI can i still refinance my mortgage? i seem to be having trouble doing so.
There are a few variables that come into play here, such as how much you owe, current market value, your current rates and your credit rating coupled with your debt to income ratio. He ... more
0 votes Share Flag Mon May 23, 2011 Home Insurance in Mount Laurel
John Moore, Real Estate Pro in New Jersey
John Moore answered:
how do I search for open houses for today?
Hi; good question. Today there are many social media sites, local news papers, plus many real estate sites. You can use all 3 mediums, but it will also be a good idea to contact a full ... more
0 votes Share Flag Fri May 20, 2011 Using Trulia in 08054
Eugenia K. B…, Real Estate Pro in Mount Laurel, NJ
Eugenia K. Bonilla answered:
My house did not appraise?
Just because the home did not appraise doesn't mean it ends there. Go back to the bank, and provide a comprehensive package supporting your assertion. Include settled within the ... more
0 votes Share Flag Thu Nov 18, 2010 Home Selling in 08054
Ines De La C…, Real Estate Pro in 08053
Ines De La Cruz, ABR, CRS answered:
How do I do (as an agent) a price change on a listing I already have posted on your site?
Hi Penny,
Yes, he is right. Go to my trulia.com and look for your listing to be able to do the change.
Good luck,
Ines
0 votes Share Flag Thu Sep 30, 2010 Home Selling in Mount Laurel
Ines De La C…, Real Estate Pro in 08053
Ines De La Cruz, ABR, CRS answered:
What is the average cost of utilities in Mount Laurel, NJ?
Hello Pat,
Thanks for you question.
What type of property are you planning on renting? The newer and smaller the home the lesser utilities you will pay. A condo in a newer developmen ... more
0 votes Share Flag Tue Sep 21, 2010 In My Neighborhood in 08054
Jessica Holt…, Real Estate Pro in 08057
Jessica Holtzman answered:
I would like to know if there are any contemplated or pending special assessments in Renaissance Club, Mount Laurel?
If there are any pending assessments, the seller must make the new buyer aware. In most cases, the seller agrees to pay prior/at settlement so that the cost is not transferred to the n ... more
0 votes Share Flag Thu Aug 26, 2010 Home Buying in 08054
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