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Home Selling in 07430 : Real Estate Advice

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  • Local Info2
  • Home Buying7
  • Home Selling5
  • Market Conditions0

Activity 5
Thu May 26, 2016
kptjack206 asked:
Thu Feb 4, 2016
Sally Grenier answered:
Pay no attention to these "real estate websites" and their so called "values" that are randomly assigned to properties. Not here, not Zillow, not Realtor.com. They are ALL inaccurate! If your home isn't for sale, don't worry about it! If you really want to know what your home is worth, call a local REALTOR and they'll be able to give you a FREE market analysis.

P.S. I just wrote a blog post on this subject:

http://boulderhousesearch.com/blog?post=But-Zillow-Says&xid=040105-01
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0 votes 1 answer Share Flag
Tue Jun 12, 2012
Marsha Bowen Washington answered:
If you are current on your mortgage and can stay current while you are trying to do a short sale, effective June 1st, the credit reporting companies will not report the sale as derogatory. I actually have a blog about the effects of a short sale that you can read right here on Trulia. You can click into my profile to read it.

Good luck!
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0 votes 4 answers Share Flag
Sun Oct 10, 2010
answered:
Bonnie, when you posted this question, you were on the market for 9 months. Can you tell us what ended up happening? It is now more than 2 years after you posted your question.
0 votes 15 answers Share Flag
Sun Feb 22, 2009
Lawrence Fink answered:
First of all, let me thank Barbara and the other posters for their thoughtful and intelligent contributions.
I wish I were as optimistic as she is but I would like to first remind everyone of the powder keg that is New Jersey's finances and the enormous impact it will very shortly have on both income and real estate taxes.
To cite some (incredible) numbers, according to the N Y Times (4-12-2009) " during the past 15 years, the state’s debt has increased fourfold, to $35 billion from $8.1 billion. ... and "annual payments on outstanding loans have nearly doubled since 2003, State Treasury Department records show, even though New Jersey’s overall budget has grown by 26 percent in that time."
In addition to the the State of New Jersey debt, we can add to this a shortfall of at least $34. 4 billion for NJ State public pensions (this number may actually be too low since independent analysts have recalculated this to be upward at least double that number).
The other festering problem is that general business condtions in this area are still weak and they have yet to change direction.
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