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08823 : Real Estate Advice

  • All39
  • Local Info7
  • Home Buying18
  • Home Selling6
  • Market Conditions0

Activity 33
Wed Jun 29, 2016
Catgirl0756 answered:
Not to offend anyone on here but some of the answers are quite stupid. Just because you read something in a article doesn't mean you have to believe it. The reason why is because like some of the smart guys have said... The insurance company & construction companies wouldn't make money.

My grandmother is living in the house that she build 58 years ago ( made of concrete) and she is still have it today.

The only think we ever did it was painting. We had huracans, earthquake, tornados, and thanks God none of it have done anything to the house.
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0 votes 29 answers Share Flag
Thu Jul 9, 2015
Christopher Pagli answered:
Sunday seems to be the most popular day because more people are on then Saturday. At times you will see them on Saturday though...

0 votes 13 answers Share Flag
Wed Jul 8, 2015
Javier Montiel answered:
Noah is correct. Try looking into other sites such as Zillow, Postlets etc...
0 votes 2 answers Share Flag
Fri Jun 26, 2015
Diane Christner answered:
Anyone who earns a real estate license can be called a real estate agent, whether that license is as a sales professional, an associate broker or a broker. State requirements vary, but all require a minimum number of classes and pass a test to earn your license.

A REALTOR is a real estate agent who is also a member of the National Association of Realtors.

A Broker is a person who has taken education beyond the agent level as required by state laws and has passed a broker’s license exam. Brokers can work alone or they can hire agents to work for them.

An Associate Broker has taken the education course and passed the broker's license exam but is not working as the designated broker of a real estate agency at this time.

Hopefully this clears up some of your confusion.
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2 votes 2 answers Share Flag
Mon May 18, 2015
Sandra Patti answered:
Generally should take the bank less than 2 weeks to turn around once the appraisal is done; usually less. Sometimes, just 7-10 days.
0 votes 13 answers Share Flag
Mon May 12, 2014
Jerel Washington answered:
Is your goal to purchase your first investment? Do you have a current portfolio? If so, how many properties do you own and what is there make up? Are you looking grow or start your Real Estate investments?

Let me know and I'd love to help you long term not just in the initial transaction.

Hope this helps get the ball rolling
Jerel Washington
Keller Williams Realty
C: 609.933.9044
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0 votes 5 answers Share Flag
Mon May 12, 2014
Jerel Washington answered:
Franklin Park is a great area in Somerset county, great schools, low crime, awesome amenities all around. Home prices are high because you are paying for location, location, location and demand. New homes are more desired so Demand is Higher, They fit today's buyers needs, lifestyle and are either well appointed or have the potential with current design to be what the target buyer will be looking for in the future so they are not to be quickly obsolete in their design. All this equals Value, Value equals higher price.

Hope this helps.
Jerel Washington
Keller Williams Realty
C: 609.933.9044
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0 votes 3 answers Share Flag
Mon May 12, 2014
Jerel Washington asked:
I just moved to Franklin Park and am looking for Cycle Routes, Bicycle Clubs & Group Rides locally. Any suggestions...?
0 votes 0 Answers Share Flag
Sat Mar 1, 2014
Andrew Tisellano answered:
could be anything from environmental to loose banister. FHA does a more specific inspection.
items to look for is peeling paint roof leaks inoperable appliances and heating
0 votes 6 answers Share Flag
Sat Jun 29, 2013
Patricia Pertusi answered:
In most cases, the sale price is renegotiated. Sometimes the bank will review other comparables and adjust their decision. Occasionally, another appraiser is brought into the picture. In any case, it's a difficult situation. ... more
0 votes 6 answers Share Flag
Thu Aug 16, 2012
Jeanne Feenick answered:
As you can see, you'll need to aligh the support of an agent to help you - and the benefits of that extend far beyond access on Trulia - however, access on Trulia is one very important piece of the overall exposure you are looking for to maximize your chances for success.

Work with an agent that embraces online marketing - that's where the buyers are today. The days of buyers wondering into a "bricks and morter" building to look for properties - or agents for that matter- are gone.

This is a super place to begin your search for agents - get a feel for us here, reach out to and interview several. Look for experience and proof of results - that's called production. Agents become skilled by doing - look for evidence of the agent's success.

Another great source are client testimonials and recommendations - you'll find them here as well on agent profiles.

Good luck to you,
Jeanne Feenick
Unwavering Commitment to Service, Unsurpassed Results
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0 votes 5 answers Share Flag
Mon Jun 18, 2012
Camille Marotta answered:
FHA should not take any longer than a conventional loan if they are underwritten by a mortgage lender that has in house underwriting.

If the contract date is about to expire, the attorney should ask for an extension in writing.

If you wish to discuss the reason for the delays, i would be happy to give you some assistance.

Camille Marotta
NMLS 9838
Branch Manager
First Alliance Home Mortgage
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0 votes 2 answers Share Flag
Mon Apr 30, 2012
Gloria Laughton Allston answered:
Short sales can take a while because of a number of reasons but often it has to do with Bank backlogs. You did not mention it but banks sometimes ask for 2 appraisals when the property is being purchased or sold by an investor.

Gloria Laughton Allston, REALTOR, GREEN, SFR, SRES
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0 votes 1 answer Share Flag
Fri Jan 6, 2012
Francesca Patrizio answered:

My expereince, if there are no issues with the appraisal, then 24 to 48 hours is the norm. However, if the appraiser is having difficulty (and this happens often these days as the new system of seperating appraisers from \banks often leads to appraisers unfamiliar with an area to to the job - and we are all complaining that this system is faulty), then there is a good chane the bank wiill order another.

In short, reason for concern and/or renogotiations.

Francesca Patrizio, Broker Sales Associate,, ePro, SRES
732.606.2931 (Direct/Cell 24/7)
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0 votes 7 answers Share Flag
Wed Nov 30, 2011
Diane Glander answered:
If your "final approval" is your loan "commitment", most lenders can close you within a week. Hopefully by that time, your attorney and Realtor have everything else in line for you so there are no delays. The financing is just one step to a successful closing. Good luck and congratulations! ... more
0 votes 3 answers Share Flag
Sat Nov 19, 2011
Jeffrey Onofrio answered:
That is very hard to answer. The only real answer can come from the mortgage company whom is working on your deal and what promoted them to need those 2 conditions at the end of the process. If it was small (easy) conditions then most companies have a 24-48 turn time on conditions. It really depends. At my company if we were to get the conditions quickly then we would turn it around right away- when is or was your closing date? I would hope that if this had a closing date coming up they would move it to the front of the line in order to hit your closing date on time. Good luck and let us know if you need any answers to any questions that come out of those last two conditions!

Jeff Onofrio
Director of Renovation Lending
AnnieMac Home Mortgage
Mobile 609-217-9409

Renovating and Rebuilding America - One Home at a Time
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0 votes 3 answers Share Flag
Sun Nov 13, 2011
Jake Bestic answered:
I wouldn't set my expectations very high for a quick close. FHA loans can be easier in some aspects, but the appraisal standards are much higher and depending on the condition of the house you're buying there can be several issues that may arise and will lengthen the process. On the other hand, I've seen a FHA loan close in 3 weeks. I would agree that 45 days is average, but I would plan on 60 days, especially if you're considering your rate lock period. ... more
0 votes 12 answers Share Flag
Fri Nov 11, 2011
Mildred Valentin answered:

I also agree with the rest, shop around work with a local Mortgage officer that gives you detailed information and follows up on a daily or weekly basis. I have waited 4 to 5 months almost with some other banks and financing companies because of lack of communication, skills and customer service. My buyers have complained and sometimes all the details are not even explained upfront and then you get stuck and also hit with fees you never was told about! Find someone you can trust and make the connection today!

I recommend to do some research.

Best of Luck!

Millie Valentin
Certified Buyer Representative
1930 WilliamsBridge Road, 2nd Flr
Bronx, NY 10461
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0 votes 8 answers Share Flag
Wed Nov 2, 2011
Cynthia Freund answered:
Irritatingly long! The appraisal process has been a bit over-regulated in NJ, in my opinion. And it has become cumbersome. I can't comment on California, though. Best of luck, hang in there! ... more
0 votes 2 answers Share Flag
Wed Nov 2, 2011
Debra Shapiro answered:
Items being squared away could mean many things. It could mean a valuation issue.There could be could mold or wood rot, for example. There could be zoning issues that need to be worked out, etc. It really is impossible to say how long it would take depending on the issues needed to be resolved. Ask your Realtor or Mortgage professional for the items that are in question. Hope this was helpful. ... more
0 votes 4 answers Share Flag
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