Ocean City : Questions & Answers

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Jack W. Zabo…, Real Estate Pro in Ocean City, NJ
Jack W. Zaborowski answered:
Do you feel that the number of Short Sales in Ocean City, NJ has bottomed out?
Yes, and again definitely yes. As you check the market you will see that short sells are a very small percentage. It is becoming a market that is neither buyers or sellers. Things are b ... more
0 votes Share Flag Sun Mar 18, 2012 General Area in Ocean City
Nicole Curtin…, Real Estate Pro in 08226
Nicole Curtin Presnall answered:
do new and reduced price listings get updated each day? If so, what time? thanks
Our MLS system allows us to enter new listings and changes live so it constantly updates. You can register on our website at www.thepresnallgroup.com and put in a narrowed down criteria ... more
0 votes Share Flag Thu Apr 26, 2012 Home Buying in Ocean City
Richard Adams, Real Estate Pro in Ocean City, NJ
Richard Adams answered:
In a listing agreement, what does a procurement cost mean if the house is not sold but re-deeded.
Call me anytime to discuss any aspect of a real estate transaction, or various aspects of real estate contracts.

RICK ADAMS. REMAX at the Shore
3301 Bay Avenue, Ocean City, NJ 08226 ... more
0 votes Share Flag Mon Nov 18, 2013 Home Selling in 08226
Richard Adams, Real Estate Pro in Ocean City, NJ
Richard Adams answered:
I have been reading about "unbundled" or flat fee services from realtors. Is this available in Ocean City, Nj?
Yes, you can call me for more information.

Rick Adams, REMAX at the Shore
3301 Bay Avenue, Ocean City, NJ 08226
609-398-7100...Cell 609-602-0684
richardadams@remax.net
0 votes Share Flag Thu Oct 9, 2014 Home Selling in Ocean City
David W. Sch…, Real Estate Pro in Cape May County, NJ
David W. Schick (609) 972-3628 answered:
HOW IS OCEAN CITYIES MARKET DOING?
Ocean City and all surrounding areas are doing well. Contact me on my SELL at 609-972-3628 if you are interested in Selling or Buying a home.
Thanks, Dave Schick
0 votes Share Flag Mon Jan 30, 2012 In My Neighborhood in Ocean City
Larry Sarlo…, Real Estate Pro in Camden County, NJ
Larry Sarlo 609-868-1171 answered:
replacement building cost for a 2nd story condo unit (2stories total)?
Are you fighting your insurance replacement cost figures?


Search foreclosures and short sale here: www.larrysarlo.com/shortsales.aspx

Search the MLS on your phone by Text: In ... more
0 votes Share Flag Tue Dec 27, 2011 Home Insurance in Ocean City
Robert Bond, Real Estate Pro in 08244
Robert Bond answered:
Why is it so hard to find a decent realtor in Ocean City? I have asked three separate ones to place me on a list for daily updates and can't
Erin
I would be happy to send you daily updates for Ocean City. Please feel free to either call me 609-289-2916 or email me robertbond@verizon.net.
Thank You
Robert Bond
RE/MA ... more
0 votes Share Flag Thu Apr 26, 2012 Home Buying in Ocean City
Ken Fowser, Real Estate Pro in Ocean City, NJ
Ken Fowser answered:
How to investigate shared responsibilities of a duplex when buying half of it?
Dear Home buyer,
Congratulations on your decision to buy a Ocean City home.
That question is right down my alley as I have owned several duplex/condos in Ocean City.All maintenance an ... more
0 votes Share Flag Sat Nov 5, 2011 Home Buying in Ocean City
Yelena Tsula…, Real Estate Pro in 07960
Yelena Tsuladze answered:
Question about closing fees
Hello, Carl!
I undestand your concern and I feel the same way, but ...
I have never seen that settlement agent pays any fee, that person is just a person between you and the seller. W ... more
0 votes Share Flag Sat May 21, 2011 Home Buying in Ocean City
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
Is it possible to qualify for a Short Sale if you have savings?
I would suggest they talk with a lender regarding their qualifications to refinance. I assume that Sally and Dan would need 20-25% equity. They would need to prove hardship and with $ ... more
0 votes Share Flag Sat May 21, 2011 Home Selling in 08226
Roxanne, Renter in Ocean City, NJ
Roxanne asked:
we were interested in renting 376 surf rd rd I understand it was sold is it still able to be rented. If not can you suggest others. We like the week of July 4th. There will be to families so we need a big home with a pool
0 votes Share Flag Fri Jan 21, 2011 For rent in Ocean City
Doug Masi, Real Estate Pro in Goodyear, AZ
Doug Masi answered:
the property on 702 east 6th street is listed for 255k says needs work. what kind and how much work is needed?
Would you like us to send over additional details on the property. General homes in that area require interior work, since many were built back in the 50's and 60's
0 votes Share Flag Wed Jun 15, 2011 Home Buying in Ocean City
David W. Sch…, Real Estate Pro in Cape May County, NJ
David W. Schick (609) 972-3628 answered:
why is the property on west surf road so cheap under 100k?
All property value is sharply reduced in this "Buyers Market". I will check our community reports and check with our insurance division to see if the flood zone could be a fac ... more
0 votes Share Flag Wed Jan 5, 2011 Home Buying in Ocean City
Edward ( AUG…, Real Estate Pro in Cape May County, NJ
Edward ( AUGIE ) Augsberger answered:
Owner on West Ave, home is outdated ... any ideas on costs of tearing down and rebuilding? Home on track to a lame duck. What are permit reqs, etc...?
Daniel,

It looks like you have pretty good size lot for the area. The first thing you would need to do is to check the zoning on that block. I have a zoning map at my office or I ... more
0 votes Share Flag Tue Nov 23, 2010 Remodel & Renovate in Ocean City
Joanne Berna…,  in Ocean City, NJ
Joanne Bernardini answered:
Looking at a duplex in the northend. how were the rentals for a 3 bedroom 2 bath home. beach block. older home. very clean. street parking only
Your thinking is correct. The best time to close is Nov.-Dec. You will begin to receive rental checks in Jan. and they will continue all Spring. Cleaning will cost you $75+ each Saturd ... more
0 votes Share Flag Tue Nov 23, 2010 General Area in Ocean City
Larry Sarlo…, Real Estate Pro in Camden County, NJ
Larry Sarlo 609-868-1171 answered:
Thinking about buying in OC-$500k range. Simpson Ave seems to have some good values but, a hike. Worth looking there or not? resale and rentabilty?
For some people it doesn't matter whether they are close to the water or not. Usually the entertainment areas are less significant in the decision process to location and where to ... more
0 votes Share Flag Fri Nov 12, 2010 Home Buying in Ocean City
Wallace S. G…, Real Estate Pro in Charlottesville, VA
Wallace S. Gibson CPM answered:
what is the cost of an average rental license in southern NJ beaches?
You should talk to your local tax assessor's office or city hall
0 votes Share Flag Wed Jun 15, 2011 Rental Basics in 08226
Jeffrey David…, Real Estate Pro in Morris County, NJ
Jeffrey David Halpern answered:
When you are scammed by a Realtor Broker on a vacation rental property and file a local grievance with the Board of Realtors in NJ what happens?
Dear Ms. Persiano:
First, I am sorry for what you are going through. There are a few in every industry that will do what they can to scam, but 99% of Realtors are hard working, caring ... more
0 votes Share Flag Sun Jun 10, 2012 Rentals in Ocean City
Ohcomeon, Other/Just Looking in Philadelphia, PA
Ohcomeon answered:
I was not surprised to see the Santa Rosa go up for auction. What is the local talk about this project?
The two homes beachfront sold. The two remaining are a duplex. They were asking around $2.5 million each. Now the auction minimum is $750k. No outside porches or decks is the BIG drawba ... more
0 votes Share Flag Wed Jun 16, 2010 Market Conditions in Ocean City
Ryan Manney, Real Estate Pro in Stone Harbor, NJ
Ryan Manney answered:
I am thinking about buying a property in OC on Wesley. I would like to make a cash purchase It is listed for 649,000 do I have more negotiating
CJ

Cash payment as well as a quick settlement and a clean offer can all help your negociating power.

Condos in Ocean City rent very well if they are well maintained and offerr the ... more
0 votes Share Flag Tue Sep 28, 2010 Home Buying in Ocean City
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