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Home Buying in 07306 : Real Estate Advice

  • All65
  • Local Info6
  • Home Buying21
  • Home Selling10
  • Market Conditions3

Activity 16
Tue May 17, 2016
aannuujj asked:
Are there any new for sale condos being built in Journal square? It appears most construction is rental
0 votes 0 Answers Share Flag
Tue Feb 23, 2016
Alysse Musgrave answered:
You can have someone co-sign the loan or be a co-borrower. Other than that, all you can do is wait until you have the required down payment, credit score (min 640) and work history.

Don't Let Them Make a Monkey Out of You! Follow the links below.


Alysse Musgrave
Consumer Advocate
Exclusive Buyer Agent

Best selling author of Buying a Home: Don't Let Them Make a Monkey Out of You! US, Texas, and Spanish versions available.
... more
0 votes 1 answer Share Flag
Tue Feb 3, 2015
Rajshree Banerjee answered:
Hi Jasmine-

Did you end up buying in the area? Please feel free to contact me incase you have any concerns and looking for guidance.

Rajshree Banerjee
Weichert Realtors- Exchange Place, Jersey City
251, Washington Street, Jersey City NJ 07302
860-328-0857 (C)
Email: WalkableLiving@gmail.com
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0 votes 4 answers Share Flag
Tue Feb 3, 2015
Rajshree Banerjee answered:
Hi Hilal- Am not sure if you finally made a decision on this one. If the rental needs a bedroom would deepen know many bedrooms does the unit already have? Area it is in: how far are the laundromats etc. A stackable washer dryer would definitely add more value in eyes of renters to your property.

Please feel free to contact me incase you have any concerns and looking for guidance.

Rajshree Banerjee
Weichert Realtors- Exchange Place, Jersey City
251, Washington Street, Jersey City NJ 07302
860-328-0857 (C)
Email: WalkableLiving@gmail.com
... more
0 votes 2 answers Share Flag
Wed Oct 22, 2014
Shawn Chaconas answered:
well i would suggest Lexington Law credit repair. It will cost about 80 dollars a month and less than 1 year you will have 750 credit or higher assuming you pay everything on time from now on ... more
0 votes 1 answer Share Flag
Tue Nov 12, 2013
Kenneth Verbeyst answered:
I suggest you require the tank to be removed. If not in use there is no reason to keep it. Most likely they filled it when abandoning in place. I have seen tanks that tested fine actually have holes and contamination. Some soils are very sandy and the oil moves differently than clay soils. If contamination is later found on your property it will likely be yours to deal with. . ... more
0 votes 5 answers Share Flag
Tue Sep 17, 2013
montana.70 answered:
its not the section 8 its some other reason. management is not really good.rude staff. they charge a high maintenance and don't really do much to actually maintain it. besides this there is a realty group that owns more than 25% stake in these condo buildings so banks are hesitant to offer loans so selling your property becomes difficult. Also this building is filled with investors who roll out their property for rent .owners do nothing to maintain their apts. tenants come in and go like people live in a hotel probably stay there for a year or two. There are no good neighbors. These buildings are overtly commercialized and hence properties don't feel like homes, all this rental business has destroyed the sanctitiy of these condo buildings..this is because many families come and live here coz of its proximity from path stn.besides all this there are problems with pests. there are bugs roaches and mice that u see in your home coz different type of tenants come in stay in apts next to you and go away leaving behind pests for you to deal with. whatever it is not recommended. ... more
0 votes 2 answers Share Flag
Thu Jul 4, 2013
shamaila zia answered:
i have no budget .... only i have 5000 $ now........ i m new here......... thats wyh.......... i m here only 10 month.... what i should do.... because i want to buy own home.... as soon as possible ... more
0 votes 8 answers Share Flag
Sun May 5, 2013
jmwebbrn answered:
I agree with William Leigh Holt, most FSBOs will eventually list with a realtor and have attitude issues, but that's just because they are have unrealistic expectations. But I also agree with ElBrownley, realtors are in the business to make money. Studies have shown that a realtor will sell your home for 10% less than they will sell their own identical home. Why? They are much better off selling your home for $10,000 less than it is worth today than holding out for more money. That $10,000 typically means around $150-$700 less commission for the realtor. If your home is listing for $100K the realtor typically will expect to earn about $3500 assuming he is splitting his commission with another realtor. If he sells the same home for $90K, he earns $3150 in the same scenario. Now which would you do? Take the guaranteed $3150 today? Or hold out on the hope that you will get $3500 in a couple of months. It's a no-brainer. Realtors will tell you they are doing what is best for their client, but the data doesn't support that. They'll advise you to take the $90K today almost every time. We have sold 3 homes by owner. As long as you clean it up, stage it right, price it right, and communicate well, it's easy. It's not for everyone, but I wouldn't do it any other way. ... more
3 votes 11 answers Share Flag
Wed Jun 29, 2011
Adam Bickoff answered:
Home Inspection pricing ranges based on the size and age of the property. Here are some guidline:

Smaller Condo - 1 bed $250
Larger Condo - 2 bed $300
Townhouse - $400
Single Family - $500
2 Family - $550
3 Family - $650
4 Fmaily - $750
8 Family - $1000

Many Home Inspectors will drive by the property to give you a free estimate. I have several licensed Home Inspectors I work with on a regualr basis that I would be happy to recommend. My contact info is below.

Adam Bickoff
Senior Vice President
Business Development
BrianDavid, Realtors®
2008, 2009, & 2010 NJAR® Circle of Excellence
O: 201.984.4244 | C: 201.232.5807 | F: 877.592.1364
Adam@BrianDavidRealtors.com
www.CommuteHomes.com
www.BrianDavidRealtors.com
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1 vote 8 answers Share Flag
Wed Jun 29, 2011
Gerard Carney answered:
Tricia is this a trick question, you get a buyers agent built into the price of the home so you save nothing by not using someone you can get advice from and who will look out for you on the buyer side of the contract! Please use the advantage and be sure you get a true deal! Buyers agents are not there for a free ride, they will make sure that the seller keeps up their end of the contract, that the time schedules will be met, that there will be no wool over your eyes, that the contract is written right to you get the appliances and other items you though you were getting. The buyer's agent also does a buyer's CMA which actually tells you if the property has been priced right and or whether it is a good deal or not! ... more
0 votes 20 answers Share Flag
Tue Jul 27, 2010
M.T asked:
Tue Apr 6, 2010
Walter Burns answered:
Jack,

Here are some recent studio sales at the St. John's condos.

201 St. Pauls Ave. #6R, 560 sq.ft. sold for $175,000 on 9/28/09

201 St. Pauls Ave. #12V ,458 sq.ft. sold for $175,000 on 1/23/10

201 St. Pauls Ave. #16M, 620 sq.ft. sold for $190,000 on 1/8/10.

I hope this helps. Please let me know if you have any additional questions. I'll be happy to assist.

Sincerely,

--
Walter J. Burns
Realtor-Associate
Weichert Realtors
Hoboken, NJ
201-653-8488 Ext: 230
201-694-8946 Mobile
www.livingonthehudson.com
... more
0 votes 6 answers Share Flag
Fri Nov 27, 2009
Bruce Levitt answered:
Good morning Leticia,
There are some great buys to be found in this area. It is a strong buyer's market....it all depends on how far from the PATH you are willing to live. If you go to Weichert.com, you can find every property that is on the market in Jersey City today. Better yet, please contact me and I will be glad to discuss the specifics of what you are looking for and then send you the properties that match your criteria.

Best of luck to you.

Bruce Levitt, Real Estate Agent
973-710-2293, cell phone
Weichert Realtors
273 Grove Street
Jersey City, NJ 07302
201-333-4443
... more
0 votes 4 answers Share Flag
Wed Nov 25, 2009
Don Tepper answered:
For legal advice, you need a lawyer.

However....

Your agent and your lawyer should have picked up on the fact pretty quickly that your offer was being shopped around. I'm not sure why it was, since the seller isn't supposed to receive anything from a short sale. Example: Seller buys a home for $500,000 with 100% financing. He owes $500,000. Now, a couple of years later, he needs to sell for less than is owed. It really doesn't matter to the seller whether he receives an offer of $300,000 or $400,000. He won't receive a penny of it either way. The only difference is that the lender may be more likely to approve a short sale at $400,000 than at $300,000, since it means that the lender loses less money on the transaction. Again, let me emphasize: It doesn't benefit the seller at all financially to receive a higher offer than yours. If it's a short sale, the seller will receiving nothing. Nada. Zip.

So, in a short sale, the objective is to get a decent, workable offer. Then the ratified contract is submitted to the lender for approval.

This isn't legal advice, but what occurred happens a lot. Bidding is kept open, which effectively is what occurred here. And verbal offers in real estate aren't binding. So, you did what you could. I'm just a bit surprised that your agent and your lawyer didn't suspect something fishy was going on with all the delays.

One thing you might also consider is keeping an eye on the property. It's possible the accepted short sale contract will fall through. The buyer may not be able to get financing; the house may not appraise for what the buyer offered. Or the buyer may simply run out of patience with what is often a very long short sale process.

But, without in any way trying to interfere with the relationship you may have with your agent, you might ask your agent what he/she thinks went wrong and how he/she would handle it differently the next time. Then take it from there.

Hope that helps.
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1 vote 7 answers Share Flag
Fri Sep 11, 2009
Alex answered:
1 year ago,we asked the same question as you.And then we bought a home in jersey heights but must close to JSQ.:)
If you are planing to buy a house,mabey you can consider my house at the following link

http://higters.investorbbs.com/house.htm

Thanks!
... more
0 votes 3 answers Share Flag
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