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Home Buying in New Jersey : Real Estate Advice

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Activity 9,241
Earlier today
Doctord answered:
I'm amazed by these responses of "I never had anyone test for lead". Are you kidding - lead disclosure is mandated in most states and lead testing is how you find out. House well beyond 1950 have lead paint. Especially windows. Come on. ... more
0 votes 16 answers Share Flag
Mon Oct 16, 2017
Faas.jimmy67 answered:
Based on the answers from all of the realtors here, it IS VERY OBVIOUS to me that they realtors are not placing many of their clients offers. And why should they? The higher they can drive up the offer, the more commission they make. If you don't believe that, just take a look at the California heyday the realtors are having right now. No regulation, shady lone deals and no requirement to keep records of offers that their clients make or receive. The disaster of 2006-2008 was a huge windfall for the realtors and lenders, (just follow the PMI trail after a home owner gets foreclosed on WOW, everybody makes out like a fat cat, except the homeowner of course). Wake up America, stop falling for the smoke and mirrors. Oh, and by the way, I think the question was a very legitimate one, that MUST be answered and answered NOW. ... more
0 votes 32 answers Share Flag
Thu Oct 12, 2017
Joanne Richardson-Lapent asked:
Hi-
My husband and I want to buy a home in the North Wildwood or Wildwood Crest area. We have never owned a home, we live in an apt bldg. where my husband works and we live rent and utility…
0 votes 0 Answers Share Flag
Wed Oct 11, 2017
Wmulan97 asked:
0 votes 0 Answers Share Flag
Wed Oct 11, 2017
James Black answered:
Because they want to close the loan faster. Going with the recommended mortgage broker is NOT in the interest of the buyer as they mostly don't offer the best mortgage rates available. Go, do your own due diligence on the net to get the best mortgage rates. It will save 10s of thousands of dollars over the loan term. For NY you can check www.leanmeanmortgage.com ... more
7 votes 55 answers Share Flag
Wed Oct 11, 2017
Elasha Smith answered:
0 votes 11 answers Share Flag
Tue Oct 10, 2017
David Allendorf answered:
is it a good idea to buy a mobile home
0 votes 7 answers Share Flag
Tue Oct 10, 2017
Gozov.petroleum answered:
Hello , At the moment seller company have jP54, Jet fuel A1, d2, D6, (virgin fuel and Oil) spot for FOB Rotterdam, Houston and Primorsk Port. If you have any interested buyer kindly contact us, gozov.petroleum@mail.ru hope to here from you soon. ... more
0 votes 27 answers Share Flag
Mon Oct 9, 2017
Unionsforall asked:
Mon Oct 9, 2017
Kathy Burgreen answered:
Realtors cannot give their opinions on neighborhoods because it violates Fair Housing laws. Buyers need to do their own research. Best method - visit the local police departments, ring doorbells of the neighbors next to the home you want to buy, talk to parents waiting to pick up their children at local schools, talk to people in the local parks, etc. You can also use online websites - just don't use it as your only source. ... more
0 votes 1 answer Share Flag
Fri Oct 6, 2017
Catherine Anne Galvin asked:
Fri Oct 6, 2017
Julie answered:
The issue was, when we first checked on the house, we found watermarks on the wall of the basement. We asked for a seller's disclosure-nothing on there. Then we asked the realtor. The realtor forwards an answer in writing from the seller by saying there was a leak from the shower but got fixed 6 years ago.

We then went ahead and offer the house. But later on, both appraisals from the mortgage company and home inspector found out that the lead is ongoing due to the gutter, grading, and landscape. The seller then promised to "take care of it". But he didn't.

We want to call off the deal as the bank refused a mortgage approval based on the basement dampness per bank guidelines. The seller then again promised to "fix" it.

The initially scheduled closing date has passed and no extension. Since this closing delay isn't due to bank (who issued a conditional commitment letter long time ago) but due to the seller (who refused a repair or any action), do we have a case against him and/or the realtor?
... more
0 votes 1 answer Share Flag
Wed Oct 4, 2017
Sjzschiff asked:
My husband and I are looking to buy in The Lenox. Stacked w/d in unit & new renovation. Expecting a baby & wondering about safety now & resale in 5yrs
0 votes 0 Answers Share Flag
Tue Oct 3, 2017
Alitza Hernandez asked:
now real estate is stating an extra 14,000 needs to b taken out ? is something off ? if its gift of equity why are they taking more money for closing cost
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Mon Oct 2, 2017
Davidpollackrei answered:
There is also the situation where the agent is involved in the purchase of the property despite arms length. This will more likely happen in a foreclosure purchase. I had one agent tell me the property which was up for auction was already in contract. It wasnt as I participated in the auction. One month later it is relisted for general sale for 100k more by the same realty. still for sale now actually. ... more
0 votes 11 answers Share Flag
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