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Cherry Hill : Real Estate Advice

  • All173
  • Local Info20
  • Home Buying51
  • Home Selling13
  • Market Conditions7

Activity 168
Tue Aug 19, 2014
Gerald DeMarco answered:
The term “exit tax” is misleading, effective Aug. 1, 2004, the state enacted P.L. 2004, Chapter 55, which requires nonresidents of New Jersey to pay an estimated tax on the income from the sale of New Jersey real property. If you plan on maintaining residency -whether renting or living with family or friends- you will still be a resident of New Jersey. At settlement you should complete Form GIT/REP-3 (Sellers Residency Certification/Exemption) and check box #1 under Seller Assurances. ... more
0 votes 8 answers Share Flag
Fri Jul 25, 2014
Terry McCarley answered:
Review your association documents and address this issue with the association. Nobody on this site can really help you with this problem.
0 votes 1 answer Share Flag
Wed Jul 16, 2014
Hi Margaret,

I am going to guess at your question.

You can rent while on fixed income. However, you can also purchase.

To discuss this further with me, please don't hesitate to call.


Ray R. Stevens
GSF Mortgage Corporation
Branch Manager
Branch NMLS #1122003
Originator NMLS #177825
Office: 239-471-7971
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0 votes 1 answer Share Flag
Mon Jul 14, 2014
Trulia Customer Service answered:
Hi! Carol here at Trulia. We have an active sale listing for this address at

In an effort to eliminate fraudulent rental listings from our site, our system filters out rental listings for which there is a property listed for sale. Your real estate agent can contact us to authorize the rental listing.

If you have additional questions, please visit our help center here:
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Wed May 28, 2014
Nicky Faucett answered:
Wed May 14, 2014
Barb Saccomanno answered:
Hi Jordan,

The lot is a little less than 1/4 acre. If you have any other questions please give me a call.

Thank you,
Barb Saccomanno
Remax Main St. Realty

(856) 313-0088
0 votes 1 answer Share Flag
Sat May 3, 2014
David.26.ross answered:
An HOA must follow strict guidelines which are based upon both state law and the by-laws established by the association. A property manager may not increase fees on their own.
Generally, an board committee, working with the property manager, will develop a budget which is then brought before the board for a vote in public session. Community members are invited to sit in.

If you are looking at fees at a mobile home park, where the land is owned by an individual or a business entity, they may generally raise rates so long as they are in conformance with the rental agreement you have signed. In regard to manufactured homes, they depreciate in the same manner as an automobile.
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0 votes 2 answers Share Flag
Tue Apr 15, 2014
Jon Cohen answered:
Cherry Hill is a very safe town. I have lived in Cherry Hill for over 30 years and have 2 young kids in the schools. Some neighborhoods are safer than others, so it's important to know the best areas. Please let me know if you have any other questions about the town.
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0 votes 6 answers Share Flag
Tue Apr 15, 2014
Jon Cohen answered:
Hi Rich,

There is a township map that I can email to you which shows all Cherry Hill school boundaries. email me the address and I'll let you know the school. Thanks! ... more
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Tue Apr 15, 2014
Jon Cohen answered:
There are several rentals currently listed that would go to Cherry Hill East. Shoot me a message and I can help you.
0 votes 6 answers Share Flag
Mon Mar 10, 2014
I understand why you'd be concerned. New business, new loan, possible new home. Fortunately, this will most likely not create any issue as long as we can show documentation that the loan is in fact for the business.

Your income looks good, but we will still need to discuss the property of interest. Having excellent credit is also very helpful; it shows underwriting that you know how to handle your finances in a responsible manner.

Between the new business and buying a home I'm sure you have a lot on your plate. Let me help take some of the stress off your plate by answering any questions you may have. This should be a very exciting time for your family.

Please contact me at your earliest convenience so we may create a plan of action. I may be reached via phone or email; whichever is of greatest convenience.

Kindest regards,

Paul F. Marzolla
Sr. Mortgage Consultant
(201) 957-6768
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0 votes 4 answers Share Flag
Thu Jan 30, 2014
Derek Schaffer answered:
It is very similar to an FHA 203k loan. Any contractor that has worked with a 203k loan would be a fine choice.
Derek Schaffer
0 votes 4 answers Share Flag
Wed Jan 8, 2014
Karen Jean Jaffoni answered:
NJ protects the rights of lawful they can not discriminate against Section 8 renters.
0 votes 1 answer Share Flag
Tue Nov 26, 2013
The Rifkin Team answered:
I know this is an old thread but if you still need any real estate help please call our office
(Keller Williams Cherry Hill) 856-321-1212 and ask for The Rifkin Team.

1 vote 18 answers Share Flag
Sun Nov 24, 2013
lpjm asked:
Thu Oct 31, 2013
Punda -

On the surface, it appears that you can afford the purchase, but you should really speak with a mortgage loan officer to get a better handle on the costs, associated with the purchase, in addition to the down payment.

As for down-payment assistance programs, there are some available, depending on the county in which you are purchasing.

Finally, you can bring your own credit report, for discussion purposes, but each lender will need to pull a copy for themselves in order to pre-approve you.

if you have any questions, or need more information, please feel free to give me a call.

Best regards,

Matthew Zimmerman
Mortgage Loan Originator
NMLS: 70365
Annie Mac Home Mortgage
700 East Gate Drive, Suite 400
Mt Laurel, NJ 08054
Cell: 856.904.4122
... more
1 vote 5 answers Share Flag
Fri Oct 18, 2013
The Rifkin Team answered:
Id be happy to help you. Give me a call.

Samuel Rifkin
The Rifkin Team
Keller Williams Realty
0 votes 2 answers Share Flag
Mon Sep 30, 2013
Jonathan E. Brill, Ph.D. answered:
Not being an attorney, I cannot offer legal advice. And since you seem to be represented by a Realtor, as a Realtor I cannot interfere by offering specific advice regarding your transaction. All I can and will do is answer your question in general terms.

Parties to any contract (e.g., a real estate contract for sale) can agree to revise that contract in any way they want provided that the modification does not require any party to do something fraudulent or unlawful. I have seen many proposed changes to real estate contracts, but I am sure I will not have seen them all even when the day that I stop selling real estate has come.

If your contract is fully executed and binding in its present form, you don't have to agree to change it and the parties will remain legally required to perform according to the provisions of the contract as it is written. In this case, you should consult with your attorney and your Realtor about the benefits and drawbacks of agreeing or refusing to modify the contract with a proposed Amendment.

If the contract is not yet signed by the buyer, then the buyer might refuse to enter into the contract without the proposed Addendum (or "rider"). If the contract is signed by both parties yet remains subject to attorney review (i.e., not yet fully binding upon the parties), then the contract is subject to cancellation by the buyer's attorney if you do not agree to change it with an Addendum or an Amendment. In these two cases, you must weigh the decreased value (to you) of the contract integrated with the proposed changes versus the possibility that the buyer will walk if you do not agree to the proposed changes.

Jonathan E. Brill, Ph.D.
Keller Williams Realty, Cherry Hill
Cell: 617.872.5580

Put my Ph.D. in Marketing and Wharton School
business education to work for you!
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