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Property Q&A in Caldwell : Real Estate Advice

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  • Local Info4
  • Home Buying4
  • Home Selling1
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Activity 11
Wed Jan 28, 2015
Oropollomt asked:
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This question was asked from this property: http://www.trulia.com/homes/New_Jersey/Caldwell/sold/1000050930-8-Robin-Hill-Rd-Caldwell-NJ-07006
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Sat May 4, 2013
Andrew Tisellano answered:
Speak to the town about how to keep it as a renovation vs new construction. Also once you are done you can appeal the assessment vale to make sure they are in line with similar properties in Wayne.
Talk to Joe at Varano and Associates 973-256-1414 for the tax appeal.
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Thu Mar 21, 2013
Andrew Tisellano answered:
Hi

The heat is baseboard hot water and included in the HOA fee of $318
There is a wall A/C unit.

There is another unit available for $174k but I do not think it is updated.

let me know if you would like to make an appointment to preview the property. ... more
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Sun Feb 17, 2013
Robert and Sandra Bolcar answered:
Looking at the map, it could be 67 or 71 Smull Avenue, Caldwell. I sold 67 Smull Avenue in 2011 for $510,000 and 71 Smull Avenue just sold this past January for $494,000. Neither one was a bank foreclosure. They were both privately owned and not indicated as a "short sale" either. The home in question had been listed for more than 180 days on Trulia via Realty Trac which lists homes in "pre-foreclosure". All this means is that the owner could be at least one to several mortagage payments behind and the bank has filed a notice of default on the home (lis pendens). Here is the explanation per Trulia:
"Pre-foreclosure (NOD or LIS) is the first stage in the foreclosure process that begins when a homeowner receives a default notice for missing one or more mortgage payments. Owners in default can stop the foreclosure process by paying the past-due payments or by paying off the entire loan balance — usually by refinancing or by selling the property. They can also avoid foreclosure by selling before the auction — this may have to be a short sale if the homeowner owes more than the property is worth. Homeowners in pre-foreclosure are usually motivated sellers who want to avoid losing their property at a public foreclosure auction."
Homes listed on Trulia can contain very outdated information if the property is not removed upon sale or bring the mortgage current at the very least. Trulia is not updated daily by the MLS as are sites like GSMLS, realtor.com and RE/MAX.com
For further information regarding foreclosure homes or short sales, don't hesitate to contact me via this post.
Sandra Bolcar
RE/MAX VILLAGE SQUARE
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Tue Aug 7, 2012
Carol Eisenstein answered:
Hi Dave, This is a 3 bdrm, 2 bth unit . 2 designated parking spots included. The mtce is $280 per month and inclues the mtce of the common area, exterior and snow removal. Taxes are $8064. The square footage is 1340. This is a short sale and Condo.

Any other questions and if I can help you further , you can email me directly. 973-879-3282 or email carol.eisenstein@prudentialnewjersey.com

Sincerely,

Carol
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Tue May 29, 2012
Gina Chirico answered:
Cheryl,

Its a duplex which means its side by side. The unit for rent has a first and second floor. I'm not positive about the garage - all it says is detached.

It is still available. The rent price per month is $1500. Tenant is responsible for all utilities (cable, electric, gas, maintenance including lawn, snow removal, water and sewer charges and repairs. Tenant is also responsible for paying the broker commission which is equal to one month's rent and is due at the time of lease signing. The landlord requires 1 1/2 month security, 1 month advance rent and employment verification prior to leasing the unit.

My office is only a few minutes away in Fairfield. Feel free to contact me.
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Mon Apr 16, 2012
Tracy Lima asked:
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This question is about this property: http://www.trulia.com/foreclosure/3075999394--Espy-Rd-10A-Caldwell-NJ-07006
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Wed Oct 27, 2010
Bonita Areman answered:
Caron, I took the liberty to send you a copy of the listing right from MLS. It will give you all the details about this home. If your looking for similar properties please let me know I have a few ideas of homes that may meet the same pricing and configuration as the one that sold. ... more
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Fri Sep 10, 2010
Ian A. Wolf answered:
If you don't pay the insurance, the lender may put a policy in place at your expense and it may only cover the banks interest for replacement value. It is important to note that the policy put in place by the bank may not protect from liability like most policies. If someone injures themself at your home you would not be protected if their were a lawsuit. At all costs I would recommend making sure a full and proper liability and replacement insurance policy is in full on the home. Otherwise, you could be exposing themselves to some huge potential disaster financially. If there is one thing i wouldn't mess around with, it is the insurance. I actually know someone that was in foreclosure, did not pay the insurance policy, and then got sued when a worker got hurt at the home. There is now a pending lawsuit that is causing even more disaster for him and his family. Insurance is more than just replacement if the home is damaged, the liability component is crucial. ... more
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Wed Nov 11, 2009
Jeanne Feenick answered:
Bonita has a very good point, you have encountered listings that should not appear as active - their status should have been changed. An agent will save you time and also be working with the MLS as her primary tool which is current. Take some time to explore agent profiles, read their client testimonials, explore their contributions to the site. Then reach out to several and establish a dialogue - once you find agent(s) in your target areas, put them to work. And be sure to pick an agent that works full time - this is no market for dabblers.

I'll throw my hat in the ring Arban - please do not hesitate to reach out to me if I can be of service.

Best,
Jeannie Feenick
"Unwavering Commitment to Service"
Search the MLS at www.feenick.com
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Property Q&A in Caldwell Zip Codes

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