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Home Buying in 07450 : Real Estate Advice

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  • Local Info5
  • Home Buying19
  • Home Selling4
  • Market Conditions0

Activity 17
Wed Oct 19, 2016
Tacticaloilfieldproducts answered:
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0 votes 28 answers Share Flag
Tue Jan 19, 2016
thinz answered:
Just go to Zillow.com and click on ZESTIMATE and enter any address on a given block.
Don't take Zillow as the absolute value....it is only a guide...best to estimate using the low end of the range to be conservative in this economy. If you need another resource to check against Zillow, go to homesnap.com and enter the address to cross reference.
Good luck in your search. Tom Hinz www.shortsaletosell.com
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0 votes 1 answer Share Flag
Fri Apr 17, 2015
Gerald Vonberger answered:
I don't know that I've ever heard a hard-and-fast rule for how much you should spend on a kitchen remodel. I think that really just depends on what you want to add or change in your kitchen. However, if you're planning on reselling your home, the amount that you specified sounds about right. That's especially true if you want to make sure that you add enough value to your home to recoup the remodel costs. http://kansascityremodel.net/services/kitchen-remodeling-kansas-city/ ... more
0 votes 20 answers Share Flag
Tue Apr 14, 2015
Diana Hellman answered:
Yes. He would be a dual agent in this situation which means he has divided loyalty to himself and to you. You do not have a fiduciary relationship with him as you would if you had undivided representation., which would be the case with using another agent. ... more
1 vote 1 answer Share Flag
Thu Feb 13, 2014
Harriet Lewis answered:
Hello: This home in Ridgewood is currently under contract but I would be happy to make a call on it if you want more information. As I am a very experienced real estate agent, and very familiar with Ridgewood and the surrounding towns, I am certain that I can help you with this or any other properties in Ridgewood or anywhere else. Please contact me at any time. Thanks.

Harriet Lewis, Realtor (201)707-5640(Cell)
hrlconsult@yahoo.com
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0 votes 2 answers Share Flag
Tue Jul 30, 2013
Leroy Gallman answered:
Call me to discuss buying with a renovation loan. You can upgrade the house and remove the oil tank with a HomeStyle or 203k.
0 votes 7 answers Share Flag
Wed Nov 21, 2012
Carolynn Monaco answered:
Here you go: Notice to buyer/seller before sigining contract AKA Opinion 86, 7 page Nj Asso of Realtors Standard contract detailed, Addendum regarding possible Short Sale,NJ Asso of Realtors Standard Form of Informed Consent to Dual AGency, well testing if applicable, CIS Consumer Info, lead paint info.

Whew.......did I forget anything?

Carolynn Monaco
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0 votes 13 answers Share Flag
Wed Nov 21, 2012
Fortunato Campesi answered:
Taxes are based upon the assessed value of a home. Assessments are based upon lot size, a properties square footage, improvements, etc. Although it may seem that the taxes in the Orchard School district are lower, tax values are based on a number of factors. To find your next Ridgewood home, go to: http://www.bergencountyhomesearcher.com/results.aspx?custom=30835&propType=SF&sort=listprice_asc ... more
0 votes 3 answers Share Flag
Fri Apr 20, 2012
J answered:
Please reconsider this option/path to homeownership. I do agree with Don to a point and emphasize the "right situation" aspect of his response. The majority of these deals are not beneficial to a potential buyer. Depending on how the contract is written, which most are geared toward the benefit of the current homeowner, how would you benefit short and long term? What happens if you miss one payment? It is a huge gamble. Put A LOT of thought in to it before moving forward. Sometimes just renting is really the best option. Good luck to you! ... more
0 votes 6 answers Share Flag
Tue May 31, 2011
Jim Simms answered:
1% of the purchase price. Good luck,

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
1 vote 18 answers Share Flag
Fri Feb 4, 2011
MAP1922 answered:
I'm interested to know if this home buyer is still around. I do short sales as an attorney and also foreclosure mediations for the court. Right now homeowners can take up to two years to delay a foreclosure sale and then at the last moment file bankruptcy which renders the entire situation moot.
If anyone is in a time "crunch" and needs to move, avoid foreclosures and short sales. Go to a home on the market traditionally. UNLESS you see the paper with the approval from the bank for a short sale (which some banks such as CHASE are now doing I have learned this month) proceed with caution and be extremely patient.
Good luck!
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0 votes 15 answers Share Flag
Wed Dec 1, 2010
Debra (Debbie) Rose answered:
So Njbuyer - you asked this question almost 2 months ago - what was the outcome?
Did you pursue it or walk away?
0 votes 7 answers Share Flag
Wed Nov 10, 2010
Rafi Footerman answered:
No. The only purpose of assessed values is to levy taxes accross the municipality as fairly as possible. That does not mean that they are fair, just a best effort of fairness. They don't take into consideration decor, layout, small improvements... that affect value. The best way for you to determine value is based on comparable homes that have sold and the easiest way to get those is from a qualified Realtor or appraiser.

Feel free to contact me for more information. I don't make money for referrals, just my inspections.

Rafi Footerman
Mid Jersey Inspections
732-906-4100
NJ Home Inspector Lic. #076900
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0 votes 4 answers Share Flag
Tue Jan 20, 2009
Marc Paolella answered:
Actually, I would not compromise the safety of third floor single-egress guests or my own family regardless of the zoning laws. It is patently unsafe to have sleeping areas on a third floor with no secondary egress such as a fire escape at the very least.

An alternative would be a fire sprinkler system.

Building and zoning provide minimum requirements. Adequate safety frequently mandates going well beyond these bare minimums.

-Marc

Marc Paolella
Relocation Director
Member, Worldwide ERC
Licensed Realtor NJ
Licensed Appraiser NJ & NY
Century 21 Joe Tekula Realtors
Agent of the Year 2008
Owner: Sands Appraisal Service, Inc.
Phone (direct): (973) 584-4235
web: http://www.marcpaolella.com
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0 votes 7 answers Share Flag
Tue Apr 22, 2008
Katie Inman answered:
Jeff - Ridgewood is lovely and probably a good bet, but remember that Realtors and Loan Officers make money when you purchase a house - the more you spend the more they make. They'll always encourage you to buy. I'd speak to a financial advisor before cashing in your 401k to place it in real estate. Weigh your options. There are a lot of regions in the US learning that real estate is not necessarily the safest place to keep you money. ... more
0 votes 8 answers Share Flag
Fri Mar 21, 2008
Carolynn Monaco answered:
Hey Sandy.....good question. I say "go for it" as you won't know until you do. I'm not afraid to writie up a contract with confingencies as we are experiencing some unusual things happening in this crazy market.

By the way, not only have I been in Real Estate over 25 years I've also been a licensed appraiser so give me a call to see what your home is valued at. I'll do a market analysis for you at no charge. Then we can discuss moving forward.

Good luck in any case.
Regards,
Carolynn Monaco
Sotheby's Ridgewood
201-489-0256 direct line
... more
0 votes 16 answers Share Flag
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