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Home Buying in 07302 : Real Estate Advice

  • All147
  • Local Info15
  • Home Buying78
  • Home Selling12
  • Market Conditions6

Activity 78
Thu Nov 30, 2017
Susie Kay answered:
I don't see why not. Anyone can represent himself if they want to. Is the seller's agent referring to the commission paid to the buyer's agent while your license is inactive?
0 votes 3 answers Share Flag
Mon Aug 21, 2017
Bhuvnesh.goyal999 asked:
We are interested to buy a house to move-in which has a protected tenant till July 2018. What would be your advice in this case?

Is there a possibility that the "protection term"…
0 votes 0 Answers Share Flag
Thu Jun 15, 2017
Baran1913 answered:
I bought a house without an agent. I asked the seller agent to contribute toward the price of the house half of his full 7% or there is no deal. After huggling the seller agent agreed to do it. This was good for me and the seller as we were able to close the deal. The seller agent got 3.5% which I think all he deserved. ... more
1 vote 32 answers Share Flag
Tue Mar 14, 2017
Donna asked:
Zillow has picked up on this listing; however. Trulia hasn't. I talked with GS yesterday and they said Our company and GS feed the listings to Trulia. Is there a reason why Trulia…
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Mon Mar 13, 2017
King1086 asked:
What are the specific costs that a buyer need to be aware of when buying a resale vs a preconstruction (title search, appraiser, etc)? Are closing costs of 3-5% of purchase price (in Jersey…
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Tue Mar 7, 2017
Rajshree Banerjee answered:
Hi Krishna- When a property has a protected tenant, it means you cannot evict the tenant, unless they violate the lease terms in any way for the lifetime of the tenant under whose name the lease is. Please be very careful before bidding on such properties and have an attorney go through all details. Contact me and I will help you find well priced properties, with no cloud on them. ... more
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Tue Mar 7, 2017
Rajshree Banerjee answered:
HI Saurabhj1991- both are excellent options, in my opinion, buying in the older phase might be a bit more price worthy for a buyer. You know the quality, the construction. Pricing depends on the sq footage, views, upgrades etc. Will be happy to help you if you need advice and guidance. ... more
1 vote 1 answer Share Flag
Tue Mar 7, 2017
Rajshree Banerjee answered:
Hi Jamesafunk- The entire Gold Coast in New Jersey is very Manhattan commuter friendly. Especially the cities of Jersey City, Hoboken as they have direct PATH to New York. You can get be a hop skip and jump away! ... more
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Sun Sep 11, 2016
Jonathan Lahey answered:
This was answered , hope you did find a good place!
0 votes 4 answers Share Flag
Wed Aug 24, 2016
Jonathan Lahey answered:
You can only have trust or give trust if you have written agreements , to avoid problems and conflicts.
0 votes 3 answers Share Flag
Tue Jul 26, 2016
Jonathan Lahey answered:
I think you need to put your email address or post something like you are interested to buy a home on what place? so who ever has an available on that area they can message you asap.
0 votes 1 answer Share Flag
Mon Mar 21, 2016
Maria Tsabrova Buyers Rebate answered:
This question is too generic and there is no formula to give you. The backyard space is definitely a valuable feature but the value fluctuates depending on many factors.. If you need to a detailed analysis you need to specify an area, price range at least. ... more
0 votes 1 answer Share Flag
Thu Oct 1, 2015
Dalia Tole answered:
Per the JC tax assessor, the basis or price would be the higher of the two. However, you could appeal your taxes if you think the original sale price was too high, and then if the Hudson County Board of Assessors agree, opt out of PILOT. Not always advisable, but an option.

Happy to help in Hoboken and Jersey City.
... more
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Thu Oct 1, 2015
Dalia Tole answered:
20% deposit (by certified check) is required in a sheriff sale to be registered to bid at the court house. The remainder in cash equivalent becomes due in a short time, 10 days or so, unless you are willing to pay a steep interest. You must pay within 30 days either way.

That said, the sales in downtown JC that have actually been sold to a third party have been very low in the past 6 months (under 10 off the top of my head). Either they are mortgaged to the hilt, sometimes at full fair value, in which case, the bank repossesses it, or the owner is able to sell at peak prices and pay off the lender. The calendar is rife with reschedules, so it might take months for a target property to actually come to the table, and then be sold to a 3rd party.

Peak market cycle is not the time to be shopping for foreclosures.

If you are interested in investing, please give me a call. There are decent cap rate properties still around in DTJC, but more in JC Heights. If you are a qualified buyer, it would be my pleasure to help you. I hold a CFA charter, and I am certified foreclosure and short sale resource (SFR).

I am also happy to share with you the results of the last sale, so you get an idea.
... more
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Mon Aug 31, 2015
thinz answered:
Cash offer does not remove your need of doing your full title work. Title, survey, inspection are all reasonable to expect regardless of how the property is paid for. Did the realtor provide a seller disclosure sheet for the property? If not, I would have asked the agent to have the seller complete one. As you said, the pressure and red flags seem like a good reason to walk away. Something just doesn't seem right in how this went based on your post. Tom Hinz ... more
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Sat Jun 20, 2015
Kash Vaidya, MBA answered:
Feel free to contact me. We offer upto $6000 of our commission back to you so that you can apply to closing costs.

Kash Vaidya
Realmart Realty
0 votes 5 answers Share Flag
Sun Apr 26, 2015
Vikram Kaul asked:
We need contractor estimates quickly for a place that we have bid on in Jersey City (2,000 sq ft ). Any suggestions on potential contractors?
0 votes 0 Answers Share Flag
Wed Mar 25, 2015
Sam Gupta answered:
I'm selling my condo in 700 grove directly as for sale by owner. Contact me on g mail if u r interested. samhoboken
0 votes 15 answers Share Flag
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