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Home Buying in 08094 : Real Estate Advice

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  • Local Info1
  • Home Buying17
  • Home Selling3
  • Market Conditions1

Activity 11
Sat Jul 11, 2015
Simon Watson answered:
One way for sale by owners to show up on the Trulia listings is to
post it on a web site called FIZBER.COM, it will show up on Truila within 24-48 hours

Simon Watson
Keller Williams Realty-East Bay
VA Buyer Experts
(925) 286-7112
(510) 859-4773
BRE 01881304
simon@myrealtorsimon.com
... more
0 votes 1 answer Share Flag
Thu Apr 30, 2015
thinz answered:
If you sold your home in a short sale and your credit was impacted, generally after 2 years you can begin the process of trying to buy another home using conventional financing. Of course nothing prevents you from purchasing a home with owner financing at any time...just need to work out the terms! Tom Hinz www.shortsaletosell.com ... more
0 votes 1 answer Share Flag
Fri Nov 29, 2013
chevluvr58 answered:
Shane go get your own financing you will be better off all the way around. Trust me! I had nothing but a headache with NVR mortgage. They are brokers!!!!!! Used Car Salesmen!!!! Go to a real bank!!! Don't use them. ... more
0 votes 6 answers Share Flag
Sun Nov 24, 2013
Jessica Bateman answered:
I assume it's credit or down payment is the reason you are not buying correct? I would recommend The Lenders Network, they can refer you to a lender to first see if you can be approved and if not what you need to do.

Good Luck!
... more
0 votes 5 answers Share Flag
Wed Nov 21, 2012
April answered:
I might have a 3-4 bedroom house 2 full bath kitchen,diningroom, livingroom,familyroom and a sunroom ready to rent the first week of December 2012. Give me a call @ 856-340-4983. The rent is 1350.00 monthly. I require an application fee 1 1/2 month security deposit and we require renter's insurance if you do not have an agent we will rovide the insurance and it will be added to the monthly rent ... more
0 votes 3 answers Share Flag
Sun Apr 29, 2012
. answered:
Call me or send me an email ay gmccollam@gyleshomes.com and I will give you the name of a good mortgage rep who can tell you if there will be a problem with financing. I don't see an issue going FHA, but my mortgage rep would be a better qualified person to answer your question. ... more
0 votes 4 answers Share Flag
Wed Nov 2, 2011
Private answered:
Fri Jun 19, 2009
Kimberly Thomas answered:
If the buyer is asking for an amount back, they are asking for seller contributions or concessions to cover all or a portion of the buyer's closing costs. It is ultimately up to the seller if they are willing to do this. The seller may accept that offer with that concession, counter the offer, making an offer of a different amount of concession or reject the offer. Even in this buyer's market; the buyer must be careful not to offend the seller and risk an outright rejection of the offer with no counter.

Happy house hunting!

Kim

Kimberly Thomas
Realty Executives, Brown & Pope of NJ, PA & DE
www.NJHomesNearPhilly.com
email: kim@kimcanhelp.com
856-308-5989
... more
1 vote 10 answers Share Flag
Sun May 3, 2009
Padraic Mc Cormick answered:
A starting point of any % off is an oversimplification of the purchasing process. If you have seen many home like that in the area you will know if the asking price is reasonable. If not, your Buyers Agent can provide you with a CMA (Competitive Market Analysis) of the home.

In New Jersey - a purchaser working with a Buyers Agent will not be able to reap the full capacities of that buyers agent IF the home is listed by the same company. This is called Disclosed Duel Agency - it "basically" means each agent involved may not act or say something that advances their clients position. Example: "Bob at the office told me this is a divorce case and they would take $50,000 less then asking price!" - Your agent can't tell you this just like Bob couldn't tell the seller "Those buyers seem like they are playing hardball but their agent told me they would give full price."

If the companies involved in those above situations are different then it is imperative your agent share that information with you as soon as possible.

The same company would be say a national name brand like RE/MAX followed by the office name. Even if they are multiple offices - it is still the same company. A RE/MAX with a different name is a different company and your agent can work to his or her full capacity.

THE AVERAGE PERCENTAGE OFF is a statistic that can be provided to you but should not be used as the sole basis for making an offer on a home. That would over simplify the process.

Believe it or not - working with a really good agent makes a difference. Also, a "really good agent" does not necessarily mean ones that have been in the business a long time. I have run into many sharp, professional, well educated realtors that have been in the business only a couple years.

Avoid agents that make the process about "them" and "their ego". It is YOUR money and a business transaction.

Read your Agency Disclosure you should have been provided with by your Realtor. If you do not understand it seek legal advice.

Good Luck!!!

Pat

CARDINAL REAL ESTATE SERVICES
Office: (856) 853-1616
Cell: (856) 264-1565
E-Mail: PatrickTheRealtor@yahoo.com
... more
0 votes 6 answers Share Flag
Sun Apr 12, 2009
Vicky Chrisner answered:
Larry's answer is the only good one. You need to run a comparative market analysis, guided and interpretted by a good agent (BUYER's agent)
0 votes 2 answers Share Flag
Tue Oct 21, 2008
Bill answered:
Vicky,

This is exactly why people should stay away from foreclosures. The banks have all the control, and the buyers have none. Most banks have no idea about the condition of they house they are trying to sell. Most times they are not even located in the same state as the house. You might think that your offer was reasonable based on the condition of the house, but if the bank is not aware of that condition(meaning they have not visually inspected it), they will consider it a low ball offer and look for a higher offer. I've seen situations where people were only a few days away from closing on a foreclosure, the bank receives an offer for only a $1000 dollars more and they will accept that one, and their current offer gets tossed in the trash. Foreclosures are not the great deals everybody thinks they. Good luck with your purchase. ... more
0 votes 7 answers Share Flag
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