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Home Buying in 07701 : Real Estate Advice

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  • Home Buying7
  • Home Selling2
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Activity 6
Mon Feb 22, 2016
Judy Schroeder answered:
It is common for someone to move from their current home to a new home that needs renovations. You will have a limit on how long you have to get the renovations done and move in but off the top of my head I think it is 140-days which allows quite a bit of time for work.

Also, I would suggest that you speak to a lender about the Fannie Mae Homestyle Renovation loan for your new purchase or even for your current residence to do the work necessary before selling it.

The Homestyle loan is similar to the 203K in many ways, with its own advantages, and allows for the purchase or renovation of a single unit second home or single unit investment property with a low down payment.

I would recommend speaking to your current lender, or another that you trust about your options. You can also contact me and my husband if you would like to discuss our personal experiences (primary residence and investment) with these loan types at 732-500-4457. We could probably offer you a few useful tips.

Best of luck!

Judy Schroeder
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Wed Jul 1, 2015
thinz answered:
Possibly, but that will be on an individual basis. Best bet is to call places you are interested in to check. You could also check to see if renting from an owner who meets the age requirement will be an option. Good luck.

Tom Hinz www.shortsaletosell.com
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Sat Jan 19, 2013
William Bintliff answered:
Ann,
Hi! That property listed for $450,000 and sold for $425,000. Please feel free to contact me if you have any additional questions or would like me to assist you in finding a home in the Monmouth County area.

WILLIAM BINTLIFF
REALTOR-ASSOCIATE®
NJDOBI ID 1220652
Better Homes Realty | 140 Shrewsbury Ave | Red Bank, NJ 07701
MOMLS 34793
Tel (732) 741-5550 | Cell (732) 221-7770 | Fax (732) 741-0550
WBintliff@gmail.com
http://www.RedBankAreaHomes.com
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Sat Jan 19, 2013
William Bintliff answered:
Sure!

I'll email it right over to you...

WILLIAM BINTLIFF
REALTOR-ASSOCIATE®
NJDOBI ID 1220652
Better Homes Realty | 140 Shrewsbury Ave | Red Bank, NJ 07701
MOMLS 34793
Tel (732) 741-5550 | Cell (732) 221-7770 | Fax (732) 741-0550
WBintliff@gmail.com
http://www.RedBankAreaHomes.com
... more
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Thu Oct 7, 2010
Patricia Lipert answered:
Dear Ann,

44 Princeton sold for $425,000. You can sign up to receive information on active, pending, and closed properties right from my website. This will keep you right on top of the market as you look. Feel free to contact me if you have any other questions.

Patty Lipert
Heritage House Sotheby's Int'l Realty
Middletown, NJ
732-216-6917
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