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08002 : Real Estate Advice

  • All20
  • Local Info1
  • Home Buying13
  • Home Selling0
  • Market Conditions0

Activity 15
Mon Jun 6, 2016
USMortgageRanger answered:
Thanks for your service to our country from one Veteran to another. This is a question I get asked a lot by my fellow Vets and the true answer is, It depends on when you get the tax exemption (Usually you cannot apply for the exemption until after you have owned the home) and what supporting documents you can provide that grants you the exemptions) It works great when it comes to refinancing but not so well in some states when it comes to purchase. I would suggest that you gather all the exemption documents from the taxing authority in the area that you will be looking into purchasing the home and once that condition is sanctified the Lender can underwrite the loan without taxes. I would be delighted to assist you in making this dream a reality.

Lowell Sterling
Mortgage Banker
NMLS 968898
Phone (469) 347-3572
... more
1 vote 1 answer Share Flag
Thu Dec 4, 2014
Mark Cuccuini & Cynthia Cervone answered:
Thu Dec 4, 2014
Mark Cuccuini & Cynthia Cervone answered:
If you call the state of NJ, they have Grant programs that will help your buyers build credit and give them money for closing cost assistance. I would google real estate grants in NJ and see what you are able to find. They may have your buyers take classes. ... more
0 votes 1 answer Share Flag
Tue Jun 25, 2013
answered:
I've done some looking around and it does not appear that The Barclay Towers accepts section 8. Here is a link that I found that is a good tool when looking for Section 8:

http://section-8-housing.findthebest.com/

Hope this helps!
... more
2 votes 1 answer Share Flag
Wed May 8, 2013
Jessica Holtzman answered:
You can contact a local realtor to ask what has sold in the community to see if the home you are considering is priced right. I have worked with several of the townhomes back there, so if you do not have a realtor you are currently working with, feel free to reach out to me. ... more
0 votes 9 answers Share Flag
Mon Apr 1, 2013
The Rifkin Team answered:
I know this is an old thread but if you still need any real estate help please call our office
(Keller Williams Cherry Hill) 856-321-1212 and ask for The Rifkin Team.

Thanks
1 vote 7 answers Share Flag
Mon Apr 1, 2013
The Rifkin Team answered:
I know this is an old thread but if you still need any real estate help please call our office
(Keller Williams Cherry Hill) 856-321-1212 and ask for The Rifkin Team.

Thanks
1 vote 3 answers Share Flag
Fri Feb 15, 2013
dcdailey answered:
I am a Cherry Hill Mortgage Broker and have some experience with those properties.
I would suggest lots of leg work before I would consider buying.
But that is true of any condo.
If you would like me to work with you on this reach out.
856-761-0444 Diane Dailey at Grapevine Consulting Inc
... more
0 votes 3 answers Share Flag
Wed Jan 30, 2013
Aspen19128 answered:
Thanks, all, I did get the answer I needed - it basically doesn't matter how high mine is, it's the low (or middle of the low) they use. We're not yet ready to start looking at homes, but it's good to know we can discuss options with our bank and that I can get the loan in just my name. ... more
2 votes 11 answers Share Flag
Fri Dec 7, 2012
Jonathan E. Brill, Ph.D. answered:
This is really a question for a mortgage loan specialist, because specific circumstances can change the calculus. However, in general, you need to wait 2 years for a conventional or FHA type loan. For USDA loans, the wait is 3 years. Based on a recent conversation with my favorite mortgage loan officer, I have been told that VA loans also now require a 3 year wait after discharge of a Chapter 7 bankruptcy - it had been 2 years. In any case, you need to have re-established and built acceptable creditworthiness.

There are exceptions, so it pays to speak with a mortgage specialist. If you need a referral to a really great loan officer who can advise you and help you get ready to be a reasonably strong buyer ASAP, please get in touch with me and I will be happy to facilitate the connection.

Jonathan E. Brill, Ph.D.
Realtor Associate
Keller Williams Realty
Beowulf Plaza, Suite 200
1814 Route 70 East
Cherry Hill, New Jersey 08003

GET THE RESULTS YOU DESERVE.
Put my Ph.D. in Marketing and Wharton School
business education to work for you!

Main Office: 856.321.1212
Office Fax: 856.321.1414
Direct Line: 856.685.1956
Cell: 617.872.5580
e-Fax: 775.898.2651

e-Mail: DoctorJ@KW.com
Websites:
http://DoctorJ.KWrealty.com
http://DoctorJ.myKWagent.com
... more
0 votes 4 answers Share Flag
Thu Oct 18, 2012
Andrew Binowski answered:
Find someone that deals primarily in listing and selling land. There are a handful in every city. They usually know the inventory, especially unlisted property and owners that have tried to list and sell in the past. Also use the other 2 websites mentioned but your Realtor will probably belong to those services as well. ... more
0 votes 4 answers Share Flag
Tue Jul 31, 2012
Jonathan E. Brill, Ph.D. answered:
It sounds as if you do not have an agent representing you under a Buyer's Agency Agreement. (If you do, speak with your agent.) Regardless, this type of question demonstrates one of the MANY reasons you should hire an agent to represent you. (Another important reason is that, by default, all agents in New Jersey work for the seller - not you! - if you are not represented under a Buyer's Agency Agreement. Agents also have database search capabilities that are far more powerful and comprehensive than those the consumer has access to via Realtor.com, Trulia.com, Zillow.com, or other public real estate sites.) Why not enter into a Buyer's Agency Agreement with a smart agent? - it typically does not cost you even a penny!

With respect to this property you like, if you had hired an agent, your agent would be able to recommend qualified and trustworthy inspectors to evaluate the situation. Absent representation by an agent, however, I recommend you hire your own inspectors. You should not only hire a licensed general home inspector, but also a licensed environmental/mold hazard engineer and, perhaps, a licensed structural engineer to inspect and evaluate the situation.

How do you find such inspectors and how to you determine which inspectors are good? Without an agent, you will have to search on your own and you might be at a severe disadvantage in evaluating their competence and quality. Which is why, once again, you might want to consider hiring a knowledgeable agent now.

And, not incidentally, if there are issues, your agent can help guide you about whether to walk away or tender an offer and negotiate based on your inspection findings. Some agents (like me) even have considerable formal training in negotiation skills and in contract law, enabling them to maximize your likelihood of negotiating a top value deal for your dollar while ensuring that your financial exposure under the terms of the contract is minimized.

Jonathan E. Brill, Ph.D.
Realtor Associate
Keller Williams Realty
Beowulf Plaza, Suite 200
1814 Route 70 East
Cherry Hill, New Jersey 08003

GET THE RESULTS YOU DESERVE.
Put my Ph.D. in Marketing and Wharton School
business education to work for you!

Main Office: 856.321.1212
Office Fax: 856.321.1414
Direct Line: 856.685.1956
Cell: 617.872.5580
e-Fax: 775.898.2651

e-Mail: DoctorJ@KW.com
Websites:
http://DoctorJ.KWrealty.com
www.SouthJerseyRealtor.net
http://DoctorJ.myKWagent.com
... more
0 votes 7 answers Share Flag
Sat May 26, 2012
Jessica Holtzman answered:
Vicki,
Not sure if you were able to find your answer yet, but I have included a link below. It is a link for all the foreclosure/REO and Short Sale listings in Cherry Hill currently. This link is always updated, so feel free to bookmark it. Currently there are 95. ... more
0 votes 4 answers Share Flag
Sat Mar 26, 2011
Jeanne Feenick answered:
Hi there, just had a discussion with a number of agents and an attorney that is very involved with short sales. The consensus was that banks are looking for numbers that are within 10% of market value. So if the home is priced properly then I'd use a range of list price to 10% off of it as the gauge. Your agent can help you assess whether it is priced properly vis a vis market value.

Best,
Jeanne Feenick
Unwavering Commitment to Service
... more
0 votes 18 answers Share Flag
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