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07734 : Real Estate Advice

  • All14
  • Local Info1
  • Home Buying5
  • Home Selling2
  • Market Conditions1

Activity 13
Mon Jul 11, 2016
Burnard Grimaldi asked:
128 Rartan Avenue, Keansburg, NJ

This question was asked from this property:
0 votes 0 Answers Share Flag
Tue Jul 21, 2015
thinz answered:
If you can't rent for more than your mortgage payment, a short sale would be my first suggestion. THis is NOT a strategic default! In a short sale you will try to work out sale terms for less than your mortgage balance. Easier on your credit than a Deed in Lieu....Next, a deed in lieu if the lender won't approve a short sale. This is a friendly foreclosure where the lender agrees to take the deed back. It will impact your credit score more than a short sale, but you may be able to get incentive money from the lender in the process if you stay and keep the home in good condition. A strategic default is nothing more than walking away and doing nothing. I would never recommend that.
If you are concerned about time, and don't think you can list and sell before you leave sometime next year, I would approach the lender with the deed in lieu would be the quickest solution...but again, not my preferred. Tom Hinz www.shortsaletosellcom
... more
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Mon Jul 20, 2015
Albiecardew answered:
If the home next door is in foreclosure, the bank who owns the property would most likely be the source to contact about tree removal. If you contact your city, they should be able to advice you on the process and requirements for removing the tree. Since it's on the other property but still affecting yours, you must contact the owners or bank before doing anything about it. However, the bank should be reasonable with such a request, so I would suggest contacting them. ... more
0 votes 3 answers Share Flag
Wed Mar 4, 2015
Lee Caruso answered:
Well, these sites say they are Sandy Friendly, pet friendly, but they aren't. Even being Sandy friendly, they are charging from 14-1900 a month. I wish some homeowner somewhere would be sympathetic and help us out. It's tough still paying a mortgage and utilities for a house your not in and pay rent on top of it with those's a sad sad issue. ... more
1 vote 4 answers Share Flag
Wed Dec 11, 2013
Vazfuco answered:
I wouldnt move there If I were you, I lived there for 8 yrs & just moved last year. The place is a dump, alot of undesirables & alot of section 8. The school system is HORRENDOUS, do your homewrork especially if you have kids. Research the schools in the town & trust me youll think twice, everything you hear & read about Keansburg online is completely true. People & RE agents will NEVER be honest about Keansburg cause they wanna make their commission, or cause they live there & are in complete denial about their town. Trust me I am blatantly honest & dont care who likes it, I have 4 kids & was there 8 yrs.................its a sh*thole!!! Horrible schools, alot of drugs, people with mental issues & alot of individuals fresh outta jail. Do yourself a favor & look elsewhere............... ... more
1 vote 4 answers Share Flag
Tue Apr 9, 2013
Ronald Sheedy answered:
You need to have a CMA (comparative market analysis) completed on your home. I would be happy to give you a complimentary CMA of your home. If you are interested , please contact me at (732) 239-7452 to setup an appointment.

Ronald Sheedy
Coldwell Banker
Robert Michael Realty
... more
0 votes 4 answers Share Flag
Wed Mar 7, 2012
Francesca Patrizio answered:

Before showing the property, the realtor should have provided you with a one day listing agreement, if he/she did not, then frankly, you are not obligated nor is the tenant.

However, for his/her efforts, I would advocate a 5% commission based upon the rental price. So if the monthly rental is $1000 per month, your cost is $500, to which the agent will most likely get half. In the spirit of good karma, I would offer same. Understand that on a rental a Realtors busts his/her butt for pennies when u consider the time and paperwork. I believe it would be in your best interests to ensure that at least someone is represented by an agency.

Hope al work out well.

Francesca Patrizio, Broker Sales Associate, ePro, SRES
Gloria Nilson Realtors, Real Living
732.606.2931 (Direct/Cell)
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0 votes 11 answers Share Flag
Sat Mar 5, 2011
Barbara Ashland answered:
It will depend on your financial situation, what your goals are, etc. The best person to advise you is your tax professional and/or attorney. As far as renting and including utilities--my thought is do not include utilities, except for garbage, water and sewer (these will be reported on your credit if they are late, since you are the homeowner). You can adjust the rental so that these utilities are covered in the monthly rent, however. Check advertisements in your area for like rentals and price it competitively. Depending where you are located, it is a great time to have a rental as so many people are opting for that after losing their home to a short sale or foreclosure. Best of luck from Sacramento, CA. ... more
0 votes 21 answers Share Flag
Thu Aug 20, 2009
Joy DeLucia answered:
Years ago Keansburg was the place to vacation. People would, rent or buy bugalows for their summer getaways from the city. It is a bayshore community, people live there year round now. There are marinas, the boardwalk, free beaches and you are within 20 minutes of the ocean. If you find something bayside, you do have some of the best views of NYC across the bay...I guess it also depends on where you are coming from. People in the bayshore area tend to go a little further south for their summer vacations. Good Luck!
Your questions, comments and concerns are always welcome.
Best regards
Joy DeLucia
... more
0 votes 1 answer Share Flag
Sat May 9, 2009
Francine Einhorn answered:

Below is a link to a list of homes in Keansburg that were listed in the Monmouth MLS and have sold since 2/09. I hope this information is helpful. You may contact me if you have any additional questions and I will be happy to help you.

Best Regards,

Francine Einhorn
Weichert Realtors
Office: 732-577-0440
Cell: 732-910-7390
... more
0 votes 1 answer Share Flag
Sun Aug 3, 2008
Victor Kaminski answered:
Kenneth, I agree with you without a doubt that under pricing will build the most activity on your property and get bidding wars started in any market however you really need to know for sure what the true market value of the property is in order to even under price it.

You also need the owner to be willing to under price it and hope when you get an offer others will come at the same time to start the frenzy. I know this works but and works quick but most sellers arent willing to take the chance of not getting the offers high enough and many buyers won't want to go too much higher then the asking price either.

We have done this recently but that still doesn't answer my question about pricing of this house.

Thanks though, I appreciate all the feedback and attention to my listing ;-)

Victor Kaminski
Broker of Record
Marivic GMAC Real Estate
2056A Lincoln Hwy. (Rt.27)
Edison, NJ 08817-3330
Office: 732-650-9911 Ext.302
Cellular: 908-884-5757
Toll Free: 1-866-745-GMAC(4622) Ext.302
(Monmouth/Ocean MLS)
... more
1 vote 8 answers Share Flag
Sat Jul 7, 2007
Deborah Madey answered:
Buyer feedbacks and market updates are important components to "right pricing." If you were to obtain pricing opinions from 3 experienced agents and appraisals from 3 licensed appraisers, you would find variations in the price opinions reached. No agent can tell you in advance the exact price for which your property will sell. The price is set by the market and what a buyer is willing to pay. It is important to have an objective read on market feedback and be prepared to make adjustments as the market feedback indicates. When hiring an agent, discuss how, when, and in detail what info they will provide about market feedback. You can ask for info about market exposure, web hit counts from various sources, number of inquiries which do not result in showings, number of showings, etc. in addition to simply what a buyer visit had to say. A thorough analysis of all of the above will indicate if you are priced right. An experienced agent will do his/her best to provide an initial offering price. After the property is introduced it is also importatnt to make adjustments if the market feedback warrants. ... more
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