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Franklin Park : Real Estate Advice

  • All27
  • Local Info4
  • Home Buying7
  • Home Selling0
  • Market Conditions1

Activity 46
Wed Jun 29, 2016
Catgirl0756 answered:
Not to offend anyone on here but some of the answers are quite stupid. Just because you read something in a article doesn't mean you have to believe it. The reason why is because like some of the smart guys have said... The insurance company & construction companies wouldn't make money.

My grandmother is living in the house that she build 58 years ago ( made of concrete) and she is still have it today.

The only think we ever did it was painting. We had huracans, earthquake, tornados, and thanks God none of it have done anything to the house.
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0 votes 29 answers Share Flag
Thu Jul 9, 2015
Christopher Pagli answered:
Sunday seems to be the most popular day because more people are on then Saturday. At times you will see them on Saturday though...

Chris
0 votes 13 answers Share Flag
Wed Jul 8, 2015
Javier Montiel answered:
Noah is correct. Try looking into other sites such as Zillow, Postlets etc...
0 votes 2 answers Share Flag
Fri Jun 26, 2015
Diane Christner answered:
Anyone who earns a real estate license can be called a real estate agent, whether that license is as a sales professional, an associate broker or a broker. State requirements vary, but all require a minimum number of classes and pass a test to earn your license.

A REALTOR is a real estate agent who is also a member of the National Association of Realtors.

A Broker is a person who has taken education beyond the agent level as required by state laws and has passed a broker’s license exam. Brokers can work alone or they can hire agents to work for them.

An Associate Broker has taken the education course and passed the broker's license exam but is not working as the designated broker of a real estate agency at this time.

Hopefully this clears up some of your confusion.
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2 votes 2 answers Share Flag
Mon May 18, 2015
Sandra Patti answered:
Generally should take the bank less than 2 weeks to turn around once the appraisal is done; usually less. Sometimes, just 7-10 days.
0 votes 13 answers Share Flag
Mon May 12, 2014
Jerel Washington answered:
Metta,
Is your goal to purchase your first investment? Do you have a current portfolio? If so, how many properties do you own and what is there make up? Are you looking grow or start your Real Estate investments?

Let me know and I'd love to help you long term not just in the initial transaction.

Hope this helps get the ball rolling
Jerel Washington
Keller Williams Realty
http://www.cnjluxuryhomes.com
C: 609.933.9044
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0 votes 5 answers Share Flag
Mon May 12, 2014
Jerel Washington answered:
Franklin Park is a great area in Somerset county, great schools, low crime, awesome amenities all around. Home prices are high because you are paying for location, location, location and demand. New homes are more desired so Demand is Higher, They fit today's buyers needs, lifestyle and are either well appointed or have the potential with current design to be what the target buyer will be looking for in the future so they are not to be quickly obsolete in their design. All this equals Value, Value equals higher price.

Hope this helps.
Jerel Washington
Keller Williams Realty
www.cnjluxuryhomes.com
C: 609.933.9044
... more
0 votes 3 answers Share Flag
Mon May 12, 2014
Jerel Washington asked:
I just moved to Franklin Park and am looking for Cycle Routes, Bicycle Clubs & Group Rides locally. Any suggestions...?
0 votes 0 Answers Share Flag
Sun Apr 6, 2014
Mail2ajay asked:
This question was asked from http://www.trulia.com/property/3146243350-45-Champlain-Way-Franklin-Park-NJ-08823
0 votes 0 Answers Share Flag
Fri Mar 21, 2014
Shalu Thaman answered:
Hi Dina,

Your price range dictates areas, so while you can research schools, it makes sense to start with Step 1, rather than go with the #1 school district on your list & then find out that there are no suitable homes there that match your needs.

the $200-$330k is a very competitive price range BTW & anything in move in condition well price goes fast, as there is little inventory.

Start with your price range : Search homes & track prices for your areas of interest .

Search the ENTIRE MLS for FREE & get NEW LiSTING alerts to be emailed to you on my site :
http://Princetonhomenj.com OR www.Princetonareahomesnj.com
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0 votes 3 answers Share Flag
Sat Mar 1, 2014
Andrew Tisellano answered:
could be anything from environmental to loose banister. FHA does a more specific inspection.
items to look for is peeling paint roof leaks inoperable appliances and heating
0 votes 6 answers Share Flag
Tue Jan 28, 2014
Shalu Thaman answered:
If you are a homeowner, considering either renting or selling your home,the clarifications to your 1st & 2nd statement are as below:-

1. Whether a market-based rental price covers a home owner's mortgage depends on the home owner's INDIVIDUAL financing situation. i.e.. if the current loan or payment is based on a high borrowed amount , home equity line of credit & the monthly payment for the same.

This helps you decide if it is worthwhile renting the home or selling would be a better option.

2. The location, condition, features & updates & market conditions dictate what it could sell for.

To find out what your home is currently valued at, please contact directly for a No-Obligation Valuation.

As a former Franklin Township resident, I can also offer insight into LOCAL market trends.

Shalu Thaman- Realtor,ePRO,SRES,ABR
Keller Williams Real Estate
609.577.5861
ShaluThaman(at)gmail.com
http://PrincetonHomeNJ.com
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0 votes 4 answers Share Flag
Sun Oct 6, 2013
Awc4282 answered:
HI Max. I had the same exact problem. I was told that NJ Housing Agency would have to subordinate the loan. When I called them and advised them that I would like to do a Streamline Refinance to lower my payment they told me that they will not subordinate. I advised them that my contract with them clearly states "If the borrower conveys, CASH-OUT REFINANCES or CEASES TO OCCUPY THE PREMISES AS HIS PRIMARY RESIDENCE, full repayment of principal and accrued interest will be due.
I told them that I am not trying to conduct a CASH-OUT refinance. I explained that I am not taking any cash-out and that I want to conduct a streamline just to lower my payments.
I was told that my contract should have read "ALL REFINANCES" and that the new contracts now state that.
I was furious. Shouldn't they have to be obligated to our contract? Our contract should be binding as these are the terms that were agreed upon.
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0 votes 1 answer Share Flag
Sat Jun 29, 2013
Patricia Pertusi answered:
In most cases, the sale price is renegotiated. Sometimes the bank will review other comparables and adjust their decision. Occasionally, another appraiser is brought into the picture. In any case, it's a difficult situation. ... more
0 votes 6 answers Share Flag
Fri May 3, 2013
Ronald Sheedy answered:
Johnsonabraham,

It is have to answer this question without knowing the type of expansion planned. I would recommend you contact the Recreation Department in Franklin Park to confirm that Middlebush Park is being expanded. In addition, ask what kind of expansion they are planning. This information should give you an idea of how many additional residents my be using the park and creating additional noise.

Ron Sheedy
(732) 239-7452
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0 votes 1 answer Share Flag
Wed Feb 13, 2013
Gina Chirico answered:
Ray,

The selling agent must be registered with HomePath in order to submit offers. All offers must be submitted online by the selling agent using HomePath's portal. If you search homes for sale on HomePath, the listing broker's information will be there but you do not have to contact each broker for each listing. Any licensed real estate agent registered with HomePath can assist you in buying a HomePath property. As with other homes for sale, many of the HomePath properties are also listed on the multiple listing service and will provide the agent instructions on how to access the property to show it to buyers.

Feel free to contact me directly if I can assist you further and/or if you are looking to buy in Essex, Morris, Passaic and/or Union Counties.
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0 votes 1 answer Share Flag
Mon Aug 20, 2012
Kenneth Verbeyst answered:
If you are referring to individual residences, all fees and commissions are negotiable. When I manage homes the fee depends upon the attention the owner requires such as number of inspections done, oversight required. I believe licensure requirements are also different if you are only managing for one ownership entity. (I dont believe all property managers are licensed as agents are) The best advice I would give you are get the best tenants and leases in place and your management needs are greatly reduced. ... more
0 votes 2 answers Share Flag
Thu Aug 16, 2012
Jeanne Feenick answered:
As you can see, you'll need to aligh the support of an agent to help you - and the benefits of that extend far beyond access on Trulia - however, access on Trulia is one very important piece of the overall exposure you are looking for to maximize your chances for success.

Work with an agent that embraces online marketing - that's where the buyers are today. The days of buyers wondering into a "bricks and morter" building to look for properties - or agents for that matter- are gone.

This is a super place to begin your search for agents - get a feel for us here, reach out to and interview several. Look for experience and proof of results - that's called production. Agents become skilled by doing - look for evidence of the agent's success.

Another great source are client testimonials and recommendations - you'll find them here as well on agent profiles.

Good luck to you,
Jeanne Feenick
Unwavering Commitment to Service, Unsurpassed Results
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0 votes 5 answers Share Flag
Tue Jul 3, 2012
Diane Vanvliet answered:
Hi Ray.....There is no time likethe present to begin your search, as buying a home is usually the most important decision people make in life. A good agent will understand your needs and show you everything on the market at the price point you are comfortable with. Good luck..Diane..agent 732859 2376 ... more
0 votes 5 answers Share Flag
Mon Jun 18, 2012
Camille Marotta answered:
FHA should not take any longer than a conventional loan if they are underwritten by a mortgage lender that has in house underwriting.

If the contract date is about to expire, the attorney should ask for an extension in writing.

If you wish to discuss the reason for the delays, i would be happy to give you some assistance.

Camille Marotta
NMLS 9838
Branch Manager
First Alliance Home Mortgage
732-539-9300
cmarotta@fahmloans.com
... more
0 votes 2 answers Share Flag
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