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Kinnelon : Real Estate Advice

  • All21
  • Local Info4
  • Home Buying3
  • Home Selling0
  • Market Conditions2

Activity 10
Wed Aug 7, 2013
Francine Craven answered:
Ask a Realtor who specializes in the area & watch the Sheriff's sales postings. I've handles short sales since1990, foreclosures since the 80's & have been active in the area-& live here, for 25 years! Francine Craven, Re/Max Home Connections 973-838-0911 ... more
0 votes 5 answers Share Flag
Thu Apr 11, 2013
Warren Frerichs answered:
We do happen to live in the area. If you would like a tour of Smoke Rise we would love to show you around.
0 votes 6 answers Share Flag
Mon Apr 9, 2012
Warren Frerichs answered:
We live in the area. We just had a great one sell in Butler. Let us know if you would like us to put you on a local search. Thanks Julie Frerichs www.TheGoodLifeNJ.com
0 votes 3 answers Share Flag
Sat Jan 21, 2012
Roland Vinyard answered:
You may wish to contact me off-line. Check out the website http://vinyardschoice.weebly.com for what I do.
0 votes 1 answer Share Flag
Sat Jan 21, 2012
George Conklin answered:
CSTERGGION; JUST CAME ACROSS THIS GUIDELINE FROM ONE OF THE MAJOR FORECLOSURE, OUTLET SOURCES; FIGURED I COULDN'T SAY IT BETTER THAN THEM, SO I AM SENDING YOU THIS; PREWTTY STRAIGHT FORWARD INFO; HOPE YOU ENJOY THE READ;

Please read the following:
A foreclosed property purchasing process is somewhat different then a
traditional retail purchase. The process is as follows:

• The offer is submitted
• If there are multiple offers then there may or maynot be a highest
and best so do not expect it. Make sure your buyers is aware of that
potential situation. If there is a highest and best then the response
is due within 24 hours.
• The bank makes a selection or could counter, if they choose. If
they make a selection then the next step occurs otherwise the counter
process will continue forward.
• If your buyer’s offer is selected an addendum or rider to the
contract is issued by the bank to be completed within 24 hours.
• The buyer then completes this document and turns it in with the
earnest deposit. The earnest deposit has to be in certified funds
addressed to •
The bank requires the completed contract, addendum, other documents
(lead base paint, etc) and certified funds to be in the Properties Trust Account office WITHIN 24 hours after offer has beenaccepted. If this is not completed within the allotted time the bank may go onto the next
offer.
• Once your offer and addendum have been turned in and the bank has
signed them then there is usually a 7 day period of time to do
inspections. Also, if the property has been winterized there is a fee
to de-winterize the property if your buyers want to conduct the
inspections with the utilities on. There is also a re-winterization
fee.
• Even if the buyer chooses to an inspection the house is SOLD “AS
IS”. Do not set any other expectations with the buyer.

As a reminder, the buyer is responsible for all CO's. The CO process
should begin immediately when the signed contract from the bank has
been received. If the CO process is held up because it was not begun
on time then the buyer will be held accountable for the per diem rate.

Also, if your buyer’s lawyer is not familiar with this foreclosure
process it might cause a delay which in turn you may lose the deal.

Please read this and make sure you prepare your buyer prior to them
potentially winning the bid. If a buyer delays the process and the
bank chooses to move forward with another offer then you will loose as
well. You are responsible for the MLS fee.

Thank you,
... more
3 votes 7 answers Share Flag
Fri Jan 20, 2012
Wayne Odenbrett answered:
Yes, its a great area. And there are some desirable commercial spaces for your Business in the area, if not in Kinnelon itself. What are your besiness' needs. You will need someone who knows the area! ... more
0 votes 4 answers Share Flag
Fri Jan 20, 2012
Wayne Odenbrett answered:
Smoke Rise is a great gated community. It is worth looking into. Lynda was right about where you might be located in the community. It can take 10 minutes just to get out into the real world.
From there, Rt 287 is a straight shot to the Tap. A good estimate: 45 minutes with no trafic, an hour when heading to work
... more
0 votes 4 answers Share Flag
Fri Mar 19, 2010
Adrienne Soltis answered:
Hello,
I could list many options for you right now, but to know exactly what your best route that will work best for you would be looking at it in a glance. First go to mapquest put in your A to B route just to get a glance what your traveling route looks like. Then go to the port Authority website which I would google so you could find exactly what you are looking for. Even check out the closet train station to you whch you could also check out on mapquest and check out the differet routes and times. You could even print out the schudule. With all your research you should be able to find which route will work best for you. Feel free to contact me with anyother questions. Have a great day!

Bes Regards,
Adrienne Soltis
Keller Williams Elite realtors
Direct- 732-991-3117
office: 732-549-1998
AdrienneSoltis@gmail.com
... more
0 votes 4 answers Share Flag
Fri Oct 30, 2009
Debra (Debbie) Rose answered:
Kristen - I bet Allan didn't realize he asnwered a question that is over 2 yrs old................many people don't pay attention to the date because the font is so light.............or......................they do notice, and don't care! ... more
0 votes 12 answers Share Flag
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