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Market Conditions in Montclair : Real Estate Advice

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  • Home Buying45
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Activity 5
Sat Oct 10, 2015
Jordanmiller9 answered:
Ok...
So here is my question...
I am purchasing a home in either Bronxville NY or Montclair NJ, why?? I want to be close to NY but not in it. I am a $1M cash buyer. In Montclair my taxes will be $22,000 for this, same in Bronxville only there you get a prettier area and nicer/larger home but Montclair does have a larger town feel...
I am used to CA where we pay 1.25% of the sales price and it stays there, my $2M house I sold I was paying less then $6000.00 a year. hard pill to swallow.

K, so which town and why?? Id love to get some opinions!! Feel reed to email me direct if you have some good insight.

Jordan M. Miller
In partnership with RealtyONEGroup
310-902-6337 DRE#01444541 E-Mail: msijordanmiller@gmail.com

http://www.jordanmiller.info/
... more
0 votes 10 answers Share Flag
Thu Feb 20, 2014
Joan Congilose answered:
I really wouldn't worry too much about estimates you see on real estate websites. They are grouped by neighborhood, not style, size or condition. Most tenants do not concern themselves about the value of the landlord's home when looking for a rental to live in. To find the best tenant work with a local realtor that will market your rental in the right places to attract a sound, financially qualified tenant for you. They will screen prospective tenants for you, check their credit, employment history, and other vital information that is crucial to find the right tenant for you. ... more
1 vote 7 answers Share Flag
Fri Jan 31, 2014
Andrew Tisellano answered:
Hi

Are you looking to buy or sell?
Contact me and I can provide you with Comparables
0 votes 6 answers Share Flag
Fri Oct 11, 2013
Terry Farnsworth answered:
Because the online "price estimator" you are looking at is not accurate. To save you some additional time, energy, and confusion - none of them are. Consult a real estate agent who can run a compartive market analysis for you using accurate data. ... more
1 vote 6 answers Share Flag
Sun Mar 17, 2013
Brenda Lee Zabriskie answered:
Hi Kevin,

I agree with Jeanne. First of all, even if you were to sell your condo for what you paid for it, it would still have to appraise in order for somebody to get a mortgage. Unless you can find somebody that has alot of cash and wouldn't mind over paying for it, but that's unlikely. Your best bet if you really want to move is to rent out your condo and if your qualified, purchase another home. When the market recovers you can then sell your condo. Best of luck! ... more
0 votes 13 answers Share Flag
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