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Beach Haven : Real Estate Advice

  • All26
  • Local Info2
  • Home Buying7
  • Home Selling0
  • Market Conditions4

Activity 25
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
Fri Jul 10, 2015
Melinda Decker answered:
Long Beach Island can be a difficult place to search for homes on the internet. There are six towns on the island, the largest being Long Beach Township, which in itself has numerous smaller "towns".

The easiest way to search for homes in Long Beach Township is to engage the services of a local Realtor. When I am searching for buyers, I know by the street address where it is located on the island and I will either share the property or dismiss it as not being in the desired area. Fifty years on LBI adds up to a bit of insight!

You can't beat local knowledge, and Charlie, it's usually free.

M.Decker@LBIAreaHomes.com
... more
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
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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
Mon Aug 26, 2013
Nathan Colmer answered:
Good Morning.

Sorry for the delay in responding to this question however I only just came across it!

Sandy has had an impact on prices on LBI however this impact varies. If a property was damaged by the storm and left unrepaired than the house will be selling for land value only. This will of course be less than if there were an intact structure. Homes that suffered little to no damage have remained rather steady in price and in some cases, have even increased in value. The LBI real estate market as a whole has seen a lot of activity and it looks like it will be a very active fall. I believe this is in part to having had a successful summer with the beaches, stores and restaurants open for business thus countering the fear the LBI would not be ready for summer.

2010 was just coming off the low point in our market and again, the relation to value will depend on the specific property. I have personally seen many instances where value has increased substantially, despite Hurricane Sandy, since 2010 however there are also homes that will trade at or below 2010 levels.

I hope this helps. If you have any other questions please do not hesitate to contact me directly on my cell 609-290-4293 or my email ncolmer@vandykgroup.com.

Thanks!
... more
0 votes 1 answer 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
Mon Apr 30, 2012
Nathan Colmer answered:
I am back in the office and was looking at your question but do not see which property you are inquiring about. Can you please send me the address? You may respond via this thread, call me or email directly-whatever makes you comfortable is fine. My cell phone is 609-290-4293 and my email is ncolmer@vandykgroup.com

You can also visit my website that has sales data from month to month over the past year. I have enclosed the direct link below.

Thanks!
... more
0 votes 2 answers Share Flag
Thu Oct 27, 2011
Jerry Barker answered:
Your in luck, my crystal ball is working, and here is a link to my 2012 Real Estate Forecast, hope this helps: http://jerry-barker.suite101.com/the-2012-real-estate-forecast-a390281
0 votes 4 answers Share Flag
Mon Oct 24, 2011
Nathan Colmer answered:
If you would like, please visit my website http://buylbi.com/lbi_news_letter.htm where I have posted the average sale price, days on market and % between sale and list price for the past year or so.

Thanks!
... more
0 votes 4 answers Share Flag
Tue Feb 1, 2011
Donna Diorio answered:
You will find there are 2 bedroom condos at the Fishery , which is a 3 story building on the ocean and offers a pool. Though right on the ocean , the units do not all offer views because of the high dunes. The weekly rents vary from $2500 to $3700 depending on the unit and views. These condos book up quickly. You may also want to look into duplex's or single family homes that will offer 2 or more bedrooms and various rates. Feel free to call me 609-709-9539 for more information without the pressure or search my website for available properties. www.DonnaDiorioRealtor.com from here you will click on vacation rentals on Long Beach Island. Just enter the week you want , location (ocean front, ocean block or oceanside) and hit search. Everything available for that week will come up. I am your Long Beach Island full time Real Estate Specialist.

Have fun looking.. Donna Diorio, Prudential Zack
... more
0 votes 3 answers Share Flag
Mon Nov 15, 2010
Donna Diorio answered:
Hello Jeff,
If you have been considering purchasing for a while, you will find now is the best time with interest rates still in the low 4 % range and homes at their lowest in 8 yrs. If it is Beach Haven only you are concentrating on , you will find 44 Single family homes with 3-5 bedrooms starting at $499,000. and up to 4.9 M Are you interested in making having a home produce and income as well as a place to spend the summer? You may want to look into multi family homes. If your intent is to spend the summer an weekends off season ( Sept - Nov are wonderful) . Remember , with the click of the mouse, you can find your house on www.DonnaDiorioRealtor.com . You can search at your leisure, find what is happening on LBI, check the weather, see what sold and browse the rentals. You can sign up for new listings that come on the market from the privacy of your home and get real time up dates. There are many wonderful towns on LBI to live, depending on your specific needs and wishes to have within you neighborhood. The beaches are replenished annually and if you are familiar with LBI you will know it has the cleanest 19 miles of Island in comparison to the surrounding beach locations.
Visit www.DonnaDiorioRealtor.com for mortgage calculators, affiliated business partners( which make it easy for you to do one stop shopping) Unless you ask to be contacted, you can look as often as you wish , until you are ready for a one on one discussion. It would be my pleasure to help you when you are ready. Feel free to email me at Donnadiorio@hotmail.com ,or call me on my cellphone 609-709-9539 anytime you have further questions or concerns. Real estate is my business and I am available 7 days a week. I look forward to helping you become a LBIslander.
www.DonnaDiorioRealtor.com






DonnaDiorioRealtor.com
... more
0 votes 13 answers Share Flag
Fri Sep 3, 2010
Nathan Colmer answered:
The rental market is very open on LBI. There are a multitude of potential tenants looking for all styles of homes. I’m sure you are aware of duplex properties on LBI. In many cases, renters would prefer a small single-family home or condo to a duplex so a small rental should be well received.

I deal strictly with sales on LBI, but my agency, The Van Dyk Group, is one of the largest rental agencies on LBI. We have seen the numbers increasing for this upcoming summer season and as of now, it looks to be shaping up to be a great summer!
... more
0 votes 2 answers Share Flag
Thu Aug 19, 2010
Robert Suarez answered:
Hi Lincroftlady,
In this economy there are many year round renters Due to the financial situation many people will be renting. As the mortgages for new homes are harder to get.(check out this link to get an idea what is planed for the future:
http://www.usatoday.com/money/economy/housing/2010-08-11-housing11_cv_N.htm ).
In today's real estate market there are properties that ( now this is key) will have good long term return. You will not get rich quick but it can be a solid investment . If you have cash. It is a good time to find a good home to invest in.
... more
0 votes 3 answers Share Flag
Tue Aug 17, 2010
Diane Glander answered:
Absolutely.
Try John McManmon at WellsFargo at 732-996-0060. He does all loans from the low 100's to multi-millions! He can get you preapproved in minutes. Good luck!
0 votes 7 answers Share Flag
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