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Hoboken : Real Estate Advice

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  • Local Info39
  • Home Buying205
  • Home Selling21
  • Market Conditions18

Activity 572
Mon May 15, 2017
Tatiana asked:
I am an owner of 2 bedroom apartment in Hoboken. I was thinking if it made sense to resell this apartment and buy a newer one nearby ( Weehawken, Jersey City (journal square). Are there…
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Sun Apr 23, 2017
Kathy Burgreen answered:
Definitely remodel the kitchen and you can easily increase your rent. Hoboken is about a 15 / 20 min. train ride to Manhattan and anybody will pay a higher rent to live there because your increased rent is still about 1/2 of what is being charged in Manhattan & Brooklyn. Are you kidding me? ... more
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Wed Mar 1, 2017
Alan May answered:
Your agent still could have helped you with an internally offered property by a rival company. We do that all the time.

It's nice that you want to compensate your Realtor, but there is no adequate compensation for "Sorry, I bought a property without you." Give him whatever you'd like... a gift card of some sort... but, in my opinion, you've already left him hanging. ... more
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Tue Feb 28, 2017
Ra.jaret answered:
You would think that if the pharma agencies and companies that actually want NYC talent would figure out a way to get shuttle buses running between Port Authority and stop at many stops in Parsippany. After all these years I am shocked to see that no one has come up with a solution. ... more
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Tue Dec 20, 2016
Sara Smith asked:
Hi, i just updated my Renter Resume. However, I had "requested information" and/or sent my renter resume to several ads before doing so. Was my old renter resume sent, or will…
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Tue Dec 13, 2016
Sebisaksson asked:
Im moving with my wife and two kids (2 and 5) and are looking to rent a 2 bedroom apartment for a couple of years or so before we consider buying.
My priorities are: easy commute to NYC,…
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Wed Oct 26, 2016
Brett Sikora answered:
LC - if you're losing money, it might make sense to sell and move to an investment that provides positive cash flow each month. Were you covering your monthly expenses when you were getting $3,500 per month? ... more
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Wed Oct 26, 2016
Brett Sikora answered:
Hi Joan, not necessarily but most of my landlords do it as a good way to start the relationship with their new tenant. They'll usually charge the previous tenant a cleaning fee from their security deposit if they left the unit in poor condition. ... more
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Thu Oct 6, 2016
Ken S asked:
Every time I try to use Trulia to run a rental search in Hoboken, I just get pissed off. You put in *basic* search criteria like a price range $2500-3000, room count (like 2BR/2BA), and…
2 votes 0 Answers Share Flag
Sun Sep 25, 2016
Ken S answered:
Have you ever heard of supply and demand? Market conditions? An owner's market? There are many reasons why fees fall on tenants rather than landlords, in various neighborhoods and cities. If housing is in short and high demand, or highly desirable or sought-after in a given metropolitan area (i.e. Hoboken), then the burden typically falls on the applicant / tenant to pay the commission...just like it does in NYC, San Francisco, Boston, Chicago, and countless other cities where realtors work hard to earn a living because there is a huge demand for housing. Just because you "believe" you shouldn't have to pay for a service doesn't mean you get to change the market! And frankly, many landlords figure if you can't even afford to pay rent, security and a broker's fee upfront, then that means you don't have a lot of savings, and therefore you are a risk to them anyway as a tenant. They'd usually prefer someone more financially qualified to rent in their buildings. Broker fees in Manhattan are typically up to 15% of the annual rent, almost always paid by the tenant. You have nothing to complain about. ... more
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Fri Sep 9, 2016
Mariyaluci answered:
Due to the U.S. economy and the existing home inventory in the banks portfolios over the last few years, U.S. banks were only offering purchase mortgages.

Cautiously, banks are beginning to offer occasional programs which will finally offer Foreign Nationals the possibility of building their own individual dream house on their own property.

Regarding the credit check, processing and credit models there are significant differences when it comes to each individual mortgage.

http://usaconstructionloans.com
... more
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Wed Aug 17, 2016
Xcintrik asked:
I am looking to buy a place in Hoboken and there are many nice places from 1st to 8th on or around Jackson st.

A lot of what I have found on here is from many years ago so I am curious…
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Sat Aug 13, 2016
Lillytena answered:
One of the biggest nightmares with new home construction is failing to identify a cost item. http://USAConstructionLoans.com

To obtain an accurate total price, you must have two things: 1. Each major and many minor items listed. 2. Accurate prices for each item - not guesses or allowances! I haven't listed every single nut and bolt item, however, I'll bet that you will be surprised at the detail of the list. If you have a specialized job and know of an item I could include, please contact me. I have provided extra blank spaces at the end of the list in case you need to add items. ... more
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Sat Jul 30, 2016
RachelCruz22 asked:
listing in question is 1034 clinton street, apt 403, hoboken, nj 07030
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Thu Jul 28, 2016
Kevin Higgins answered:
Throw their stuff out, have their cars towed. Legally they are blocking a fire escape which is a huge no-no, and they are not allowed to block your access to your garage due to city, and state ordinances. If you don't want to get your hands dirty, find out who your fire marshal is, and complain to them. They will issue a warning, and give them fines/summonses if they do not adhere to it. It will stop pretty quick after that. ... more
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Thu Jul 21, 2016
James Hagarty answered:
Luchi -

Yes.

See Buyer's Agency Agreement line 6.

"This Agreement will expire ___ (120 days from signing if not filled in) or by prior written notice by either party. "

Hope that helps, and happy hunting!

Source: NWMLS Form 41A
... more
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