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07017 : Real Estate Advice

  • All17
  • Local Info4
  • Home Buying8
  • Home Selling0
  • Market Conditions0

Activity 11
Sun Mar 19, 2017
Cjwashington1 asked:
Thu Jan 28, 2016
Rbnjllc asked:
I want to know if there are lenders out here that accept 5% down on a conventional mortgage as opposed to 20%? If so, what is the structure for paying PMI at 5% down?
0 votes 0 Answers Share Flag
Thu Apr 2, 2015
DARLA5558 answered:
0 votes 7 answers Share Flag
Mon Sep 1, 2014
shlomobenshabat answered:
Hi Odelya
I would like to know about your experience wth CityR.
Are you satisfied?
Do you recommend?

0 votes 8 answers Share Flag
Mon Feb 10, 2014
Jeanne Feenick answered:
In my experience, buyers are far more successful in negotiating repair requests if they are focused on those items that fall into structural, safety and/or environmental categories. Those are hard for a seller to refute.

Having said that, you as buyer have the right to ask for whatever repairs you like, and the seller has the right to respond. The seller is not obligated to do any but is more likely to respond to those that are NOT what is considered cosmetic in nature.

Good luck,
Jeanne Feenick
... more
0 votes 8 answers Share Flag
Mon Dec 23, 2013
Basimah North answered:
Hi Khaleeka,

If you home is ready to be rented and is registered as a rental with your municipality where the home is located than by all means rent it out fast.

The first step you would want to take is making sure all the right legal paper work has been done with your local mulnicipality in which the property is located.

Next would be to make sure that you do a" walk-thru" to make sure your home is ready for renting and don't forget to create a checklist and take lots of pictures of the place before you rent the property. Why so that this will cover you as a Landlord in case any tenant vs. landlord drama happens. You always want to make sure the condition of the property "before & after" the tenant moves out. is as it was before they moved in.

Last once you have all your paperwork needed to now become a landlord all you have left to do is welcome your new tenant(s). with a cute gift like this pic here >>
... more
0 votes 4 answers Share Flag
Tue Mar 20, 2012
Ibrahim Hughes answered:
I agree. There's not too many clubs anymore in East Orange. Years ago (4+ ?) the city used to have several clubs. But the city used various means to discourage them and so you'll find a lot more in Newark and Elizabeth.

There's 'The Lodge' on Central Ave. in Newark, 'Atmosphere' on Wainwright and Nye in Newark, 'Loft 47' on Edison Pl. in downtown Newark, clubs 'Sho' and 'Dolces' in Elizabeth and 'Four Sixty Six' on Prospect Ave. in West Orange (right off of Rt. 280).

Hope this helps.
... more
0 votes 4 answers Share Flag
Mon Feb 20, 2012
Marsha Bowen Washington answered:
Hi Meme,

The lender will send the owner a 1099 which shows the outstanding loan balance. It's important that the owner works with a competent tax person to make sure they process the proper documents to be exempt from the taxes. The Mortgage Stabilization Act protects homeowners of primary residences only until 2012. An extension has been requested from President Obama.

Hope this helps!
... more
0 votes 5 answers Share Flag
Mon Feb 20, 2012
Dawn Barrier answered:
You should work with an agent in the specific area you want to buy in.
They can set you up on their mls search so that properties are emailed to you as soon as they come on the market, make arrangements to preview and put in the offers for you.

I'm sure one in your area will comment shortly, if not you can email me and I can refer someone.

Good Luck!
... more
0 votes 3 answers Share Flag
Fri Dec 16, 2011
Ron Thomas answered:
Was the warping damage evident when the Inspections were done?
Did you do Inspections?
Did the Owner disclose the leak and the warping?
What repairs did the Owner agree to?
Did you both agree to Arbetration/Mediation?

You need the answer to these questions.

Good luck and may God bless
... more
0 votes 7 answers Share Flag
Sun Oct 10, 2010
Monir Mamoun answered:
Great question! Questions regarding crime and safety in East Orange, NJ are best referred to the local police and sheriff departments. They will have the most up to date and accurate information. A local agent is typically legally restricted from offering an "opinion" about such matters. ... more
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