Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Home Selling in 08003 : Real Estate Advice

  • All40
  • Local Info4
  • Home Buying11
  • Home Selling11
  • Market Conditions1

Activity 11
Sun Oct 29, 2017
Dcermele answered:
If you sell your house on December 29th and move out of state on Jan 1st are you considered a non-resident?
0 votes 16 answers Share Flag
Fri Jun 26, 2015
thinz answered:
I doubt it. The main reason is the seller has the right to sell their home for whatever they feel they need based on their circumstances. If this means a quick sale, then a lower price point is needed to generate an offer. Aside from that, most people would want the best price they can get for their house, and this would be true regardless of the motivation of the seller. Just changes the listing price based on their motivation and circumstances. If you live in a gated community or a community with very similar style homes (townhomes, condos) the price may be more of an issue for consistency, but still the sale should be based on the best possible price based on condition, and meeting the seller's needs. Here is my experience, most people think their home is worth more vs less, which is why many homes on are on the market too long, or have expired listings. Pricing is not a static process...it should be flexible to accommodate condition, time on the market, and needs of the seller.
Tom Hinz www.shortsaletosell.com
... more
0 votes 2 answers Share Flag
Sun Mar 15, 2015
Christie Peyton answered:
Keller Williams offers 70/30 split or even better splits depending on your production. One of the reasons I joined is because of the opportunity to be a partner owner.. every agent of KW is offered the opportunity of enjoying the benefits of profit sharing. Contact a local KW agent and any one of them will be happy to share the great opportunities of this amazing company!
Keller Williams Realty-Moorestown, NJ 856-359-4640
... more
0 votes 6 answers Share Flag
Tue Mar 10, 2015
Barb Saccomanno answered:
Hello,
Both the realty transfer tax and "exit" tax are reduced for seniors. The tax that is paid on the proceeds of the sale are normally recorded on the seller's NJ tax return. When a seller is moving out of state the tax is referred to as the "exit" tax and it paid for at the time of settlement.

Barb Saccomanno
ReMax Main St. Realty
(856) 313-0088
(856) 866-2525
... more
0 votes 1 answer Share Flag
Tue Jan 20, 2015
Jim Olive answered:
Ouch! It's a good idea to check when the question was asked when answering. This person asked for help more than 3 years ago...
0 votes 15 answers Share Flag
Tue Aug 19, 2014
Gerald DeMarco answered:
The term “exit tax” is misleading, effective Aug. 1, 2004, the state enacted P.L. 2004, Chapter 55, which requires nonresidents of New Jersey to pay an estimated tax on the income from the sale of New Jersey real property. If you plan on maintaining residency -whether renting or living with family or friends- you will still be a resident of New Jersey. At settlement you should complete Form GIT/REP-3 (Sellers Residency Certification/Exemption) and check box #1 under Seller Assurances. ... more
0 votes 8 answers Share Flag
Thu Sep 13, 2012
Nancy Schumacher answered:
The Exit Tax is for a non-resident of New Jersey who sells a property here. I do not know the Massachusetts real estate law and it would be good to call an agent there for this information.

If I can help you further, I can be reached at 609-519-0076.

Nancy at ReMax
... more
0 votes 2 answers Share Flag
Thu May 3, 2012
Jacqueline Trump Hockenbury answered:
Hi Kurt,
Have you sold your home? If not please give me a call 856-857-1800. I am a local Cherry Hill Realtor, and would love to help you with your real estate needs.
Thank you,
Jacqueline Trump ... more
0 votes 15 answers Share Flag
Search Advice
Search

Followers

359