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08008 : Real Estate Advice

  • All14
  • Local Info2
  • Home Buying5
  • Home Selling1
  • Market Conditions0

Activity 11
Mon Dec 5, 2016
Angelica P answered:
Hi,

Pending means an offer has been made on the home and it is in the process of closing.

Thank you for using Trulia!

Angelica
Consumer Care Advocate
0 votes 2 answers Share Flag
Thu Sep 29, 2016
Trashmail2222 answered:
It actually depends on how fast/busy the appraiser is. I work for an AMC in California. We get the report back to the bank within three days. However that is not always typical. I would assume the bank would ask for a family quick turn around. So I would think a week to 10 days would be sufficient time to complete a typical property appraisal. If your home is unique, it might take longer as well as cost more. ... more
0 votes 1 answer Share Flag
Sun Dec 20, 2015
behremountain asked:
I am going to be buying a home and foresee using it as a rental property at some point. I am wondering the trend in rental rates for the last couple years and going forward.
0 votes 0 Answers Share Flag
Sat Dec 12, 2015
Diana Hellman answered:
Only real estate professionals can post on Trulia. Try Zillow instead.
0 votes 1 answer Share Flag
Fri Feb 7, 2014
Jeanne Feenick answered:
I agree on the importance of market, inventory and pricing expertise. Skills are honed from experience so I would put that on top of the list as well. As far as honesty and integrity being "fluff" I must disagree....I consider them essential and I believe my cilents would agree. ... more
0 votes 8 answers Share Flag
Sat Jan 25, 2014
Joseph Jones answered:
The beaches of Long Beach Island are some of the best on the east coast. Most of LBI has gone through beach replenishment as of 2014.
0 votes 5 answers Share Flag
Sat Jan 25, 2014
Joseph Jones answered:
If you have a question about mortgage rates in the Long Beach Island area one of the people you should speak with is Bob Faust with Guaranteed Rate. His number is 609-294-4314. He has extensive knowledge of mortgage lending in the LBI area. ... more
0 votes 15 answers Share Flag
Sun Jan 6, 2013
Donna Diorio answered:
Hi Halley,
I can understand your frustration but let me clarify, if you are asking about the rentals in 08008 zip code maybe I can help you understand a bit better. If this is not related to the 08008 rentals then my answer would be different. I will also agree with Kenneth, this is not the catagory to post this type of question, it should be in the "agent to agent" posts.
The fact is as an agent you should call to pick up a key and preview the properties , then get your questions together for the listing agent. After all if you are selling/renting Real Estate, it is your job to know the inventory, not depend on the listing agents to fill you in.

Once Sandy hit LBI, we had a tough enough time finding rentals in homes that were undamaged. The people that needed to be placed here are those working to rebuild the Island and it has been very time consuming to help these contractors and owners who had many questions and concerns. . Another problem is since it is a summer resort, most owners are fearful of putting a tenant in a house that will be difficult for them to leave because their home is still damaged. These owners need to have their property available for the summer tenants, not extending a winter lease.
I think the mentality here is the less information in a listing, the more questions tenants and buyers will have and it prompts a call. I have never been too busy to answer questions for anyone calling on my listings, nor have I ever found another agent too busy for mine. Unless of course they are involved in a Short Sale and do not have the answers you are looking for. I wish you the best of luck in the business.
Donna Diorio
Realtor, Long Beach Island
... more
1 vote 10 answers Share Flag
Tue Sep 8, 2009
Richard Jones answered:
Hi Giovana.
You got the answers on the distance. If you need help finding a place, I can assist. I am based on LBI, and am a top producing agent.
rick
0 votes 4 answers Share Flag
Sat Mar 8, 2008
John Jelinski answered:
What many lenders are looking for are several factors.
1. Debt to income ratio,
2. FICO score,
3. longevity in job position ie. job jumpers are seen more and more of a risk.
and 4.risk of area; flood prone, industrial...anything which can make a possible re-sale (distress/ short/ forclosure) a burden on the lender.
More and more banks (and lenders as a whole) are at risk and are finding selling thier loan portfolios much more difficult to third parties...no one wants them and therefore tight lending.
Rule of thumb nowadays...anything less than12% for a new purchase will be OK for lenders to consider. We have a great lender in our office, Ray Garry who specializes in this, especially with the new guidelines. He is great!
Give me a call and I will set you up with his number.
Best of luck
John Jelinski
Crossroads Realty
609-713-3454
johnjelinski_7@msn.com
... more
0 votes 4 answers Share Flag
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