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Home Buying in Bogota : Real Estate Advice

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  • Home Buying3
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Activity 5
Thu Mar 24, 2016
thinz answered:
There are times when I've found the sellers were in a short situation and did not inform their listing agent. I've then had to have the listing agent update the MLS listing to reflect that the house sale is contingent on lender approval. Depending on the liens, and how much you want this home, the offer off of the listing price is worth pursuing even in a short sale...possibly though the listing agent listed the home lower than market value which resulted in your quick acceptance on your offer.
If that is the case, the lender's BPO value may come in much higher and slow the process down.
You need to know the lien amounts and to have a CMA done to be sure you are in a good position with your offer. Good luck. Tom Hinz
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Sun Jan 19, 2014
sandysmum answered:
Real estate agents will tell you whatever you want to hear to make a sale. Therefore it is a conflict of interest to ask them. Open your eyes. I know Bogota. It is a typical NJ town, corrupt politics, mayor, the usual. But worse in the case of Bogota. Taxes are way too high, and yet schools are among the worst in the nation. High rental population. Average per capita income is relatively low. But don't take my word for it, do your homework. ... more
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Mon Aug 13, 2012
ann santee answered:
Dear Berns,

As with any other town, the price of homes in Bogota are in the range of the low $200,000's to over $500,000. There are many factors that impact the pricing of homes; i.e., the number of bedrooms and baths, the size of the lot, the condition of both the interior and exterior, whether the high ticket items such as roof, windows, siding, boiler, etc., are new or aged. Certainly some of the very low priced homes are short sales, however, you may also want to know how many days the homes have been on the market. This will give you a good idea about whether or not the home is priced to sell.

Bogota is a very safe and neighborly town with 3 elementary schools, plus a junior and senior level school. Since I have sold over 100 homes in Bogota, and have attended inspections of these homes, I have received an invaluable education on the way the homes were built (many of them in the 1930's) and what to look for when visiting a home for the first time.

Please contact me at 201-233-5278 and I will be pleased to help you with your real estate needs.

Professionally yours,

Broker Associate
Vikki Healey Properties
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Mon Jul 23, 2012
ann santee answered:
Hi Nakia.

There are many well-qualified inspectors that I can refer. They are licensed, carry all of the appropriate insurance and liability coverage, and are very thorough.

Please give me a call -- 201-233-5278 -- and I will be happy to provide you with names and numbers of many that I have worked with over the years.

Home inspections are critically important when purchasing a property, so you want to hire the best. They should also be very familiar with colonials since the bulk of homes in Bogota are beautiful colonials that were built in the 1930's.

Ann Santee
Broker Associate
Vikki Healey Properties
201-233-5278 (Cell)
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