Elizabeth : Questions & Answers

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Nelson Jaram…, Real Estate Pro in Florham Park, NJ
Nelson Jaramillo answered:
When the bank have to give an extension to block the intereste on a home loan after 4 months pending closing, that fee is added to the closing costs.?
Are you locking for 120 days? You will be charged a much higher rate. If you have that much time go ahead and shop around. www.Zillow.com click on the mortgage tab. With no personal inf ... more
0 votes Share Flag Wed May 11, 2011 Home Buying in 07208
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
i am the buyer and my attorney is advising me that the lender on the sellers part is requesting documents from the seller and is being stonewalled
Have a discussion with your agent, it may be not be your agent's fault that the seller isn't providing requested documentation; there is only so much one can do to force a sel ... more
0 votes Share Flag Fri Apr 8, 2011 Home Buying in 07202
Joseph (Joe)…, Real Estate Pro in Clifton, NJ
Joseph (Joe) San Angelo answered:
under what conditions can i request my deposit back waiting on a short sale already 1-1/2 months
Short sales are part of everyday Real Estate. I had a short sale close a while ago that took 8 month's. A typical purchase usually takes about 2 month's, so if you really want ... more
0 votes Share Flag Thu Apr 7, 2011 Home Buying in 07202
Sunnyview, Other/Just Looking in Friendly, WV
Sunnyview answered:
if i am finding out everything through my lawyer and not my agent can i replace and not have to pay her if my contract goes through
You can only replace your agent without paying her if you can prove that she breached the contract. Agent representation agreements are pretty tightly written, so if you want to fire yo ... more
0 votes Share Flag Thu Apr 7, 2011 Home Buying in 07202
The Becker G…, Real Estate Pro in Antioch, IL
The Becker Group answered:
if i placed a bid and the sellers accepted but i am still waiting on the bank for approval ie short sale can i view the house again plcd bid on feb 22
Yes you can. Just call your agent to make the appt. best of luck with your new home.

Kat Becker
The Becker Group
0 votes Share Flag Thu Apr 7, 2011 Home Buying in 07202
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
Advise...... Am trying to close in a house using a 203k loan since January. As a today am still waiting for the new closing date. Due to request from
203k's are a niche product and many large lenders require originators to specialize because of the complexity. But they are an FHA product. It is my understanding you can request ... more
0 votes Share Flag Mon Mar 7, 2011 Home Buying in Elizabeth
** Jeremy Gr…, Real Estate Pro in 07748
** Jeremy Gryvatz ** answered:
48 Delaware Street, Elizabeth NJ 07206 is any familiar with this area? its a small starter home for me, dont know that are too well any thoughts?
Hi Juan,
Email me your contact information and I will look into the home on Delaware Street in Elizabeth for you.

Thanks
Jeremy Gryvatz
0 votes Share Flag Wed Dec 22, 2010 General Area in 07201
Voices Member,  in
Voices Member answered:
48 Delaware Street, Elizabeth NJ 07206 , is this a fare price for the home and surronunding area? i put a bid on this home for 132 with 5kclosing ?
Have you asked your agent to give you comps in the area?
0 votes Share Flag Tue Dec 21, 2010 Home Buying in 07201
Mary Petti-A…, Real Estate Pro in 08820
Mary Petti-ABR,SFR, Relocation answered:
How much cost is the demolition, electric, plumbing permits in elizabeth, nj for a 1 family house?
Andreyna,

You really would have to speak to the township to get an idea of costs. In some towns the cost varies by the size of the project.
If you use a contractor, they usually app ... more
0 votes Share Flag Tue Oct 26, 2010 Remodel & Renovate in Elizabeth
Jon Hegreness, Real Estate Pro in 85032
Jon Hegreness answered:
I put an offer on a house listed for $150000. I decided to check the taxes of the house. I found out that the bank got the house for $100
I am not an agent in the area, so I will not offer advice on price, but will offer this which I think will be one step towards your final answer. I have worked with MANY buyers who were ... more
0 votes Share Flag Wed Oct 20, 2010 Home Buying in Elizabeth
Maureen Cody, Real Estate Pro in Charleston, SC
Maureen Cody answered:
I put an offer on a house, I was advise that the house was a foreclosure. I been told that the house is going to an auction, what is the procedure now
Dear Andreyna23,

Your Realtor and closing attorney should be able to advise you best. If you have a contract, typically that puts a hold on auctions... but again speak to your closi ... more
0 votes Share Flag Mon Sep 20, 2010 Home Buying in 07208
John Sacktig, Real Estate Pro in 08816
John Sacktig answered:
Im looking a condo or townhome but i can only affod about $25,000. Is it realistic to find one in the market for this price if its being shortsaled?
Harley,

That is a tough number and I am not seeing anything around in that price range.. but I could be wrong!
I am curious to see what gets posted here in that range!

Good lu ... more
0 votes Share Flag Mon Nov 8, 2010 Home Buying in 07202
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
homework 9/14/10
If you are looking for homework given in class consider contacting any classmate(s) or the school directly.
0 votes Share Flag Tue Sep 14, 2010 Home Selling in 07201
Ron Simone Jr, Real Estate Pro in New Jersey
Ron Simone Jr answered:
Does the NACA program allow 10% owner's concessions on conventional loans for a one family house?
no 6,000 is max 10 percent of a 350000 loan is 35,000 fannie mae and freddy mac have guidelines and 6,000 is the max
0 votes Share Flag Mon Jun 28, 2010 Home Buying in Elizabeth
Jeanne Feeni…, Real Estate Pro in Basking Ridge, NJ
Jeanne Feenick (908) 337-0943 answered:
How can I find sales of comparable homes in my neighborhood?
Hi Nell, sorry to beat the "find a good agent to help you" drum, but this is just what you should do. I welcome inquires like this and am happy to help by providing the infor ... more
0 votes Share Flag Fri Apr 2, 2010 In My Neighborhood in 07208
Mary Petti-A…, Real Estate Pro in 08820
Mary Petti-ABR,SFR, Relocation answered:
IS ELIZABETH NJ GOOD PLACE TO LIVE I PLANING TO BUY A HOUSE AND I GOT 3 TEENAGERS?
Juan,

As Real Estate agents we cannot answer your question with a yes or no answer. SPeak to some neighbors if you can and get their impressions.

You should also to go to a few ... more
0 votes Share Flag Sun Jan 24, 2010 Quality of Life in Elizabeth
Laura Gianno…, Real Estate Pro in New Jersey
Laura Giannotta answered:
i had a signed contract on a 1 family home in elizabeth. i was told the property had major repairs done oil changed to heat major pluming done and
Speak to your attorney, but basically your options are to ask the seller to make the repairs, credit you at closing an amount to cover the repairs or cancel the contract. Make sure tha ... more
0 votes Share Flag Sun Dec 13, 2009 Home Buying in Elizabeth
COLLEEN PENSA, Real Estate Pro in Wyckoff, NJ
COLLEEN PENSA answered:
I have a signed contract for a short sale that I thought would be way below market value, it being a short
The best thing to do is make sure your attorney writes to the bank along with copy of the current appraisal and asks for a price consideration. Make sure it goes to the attorney for the ... more
0 votes Share Flag Sat Feb 27, 2010 Home Buying in Elizabeth
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