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Lake Hiawatha : Real Estate Advice

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  • Home Buying1
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Activity 7
Sat Jul 29, 2017
backinsjc asked:
I am looking for a single family home and wondering if Lake Hiawatha would be a good place to settle down. I am single and this will be my primary residence... but planning to rent…
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Mon Nov 9, 2015
thinz answered:
The gap is variable and determined by the terms of the contract. It is the difference between the list price and the negotiated sales contract price.
Tom Hinz
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Sat Nov 7, 2015
Debra (Debbie) Rose answered:
Whatever you do, do not pay for Realty Trac!

Finding any homes under 300,000 in Cedar grove will be a challenge............there are more in that range in Parsippany, but not a huge amount.

Are you aware that short sales can be nightmare transactions, and not often the bargain some think they are? They can take months and months, and some never wind up closing.

Foreclosures are a bit easier to navigate as the bank has already taken over the home..........please know that all of those homes are sold strictly as is.
I hope you have a solid down payment and have been pre-approved for a loan.

I strongly suggest you find a local agent who can help you put this in perspective. There are not a lot of short sales and foreclosures in the areas you have identified, in your price range, so you may need help with this.

Feel free to call me!

Good luck!

Debbie Rose
Berkshire Hathaway NJ Properties
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Sun Mar 10, 2013
Brian Diehl answered:
Lis pendens is a notice that a legal suit has been filed against the property that potentially affects the title.
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Sun Jun 10, 2012
Ian A. Wolf answered:
For homes that are actively listed for sale in Lake Hiawatha, the average days on market is about 108 days. For homes that have sold in Lake Hiawatha over the past 12 months the average days on market is about 80 days. Let me know if there is any other data that would be helpful to you. You can also visit my website which may be helpful also:

Hope that helps.
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Sun Aug 15, 2010
Deborah Madey answered:
There is a Michael T Byrnes who is a mortgage rep for Chase Home Finance.
(908) 531-6170
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Tue Feb 23, 2010
Adrienne Soltis answered:
Hello Saro,
When you are purchasing a home one of the things you should always check for is any major projects that where done to the home for ex. addtions, pools, Converting a garage into a living room. And make sure there were permits on all the work that was done.
-If you decide to buy a home without permits then you are taking a risk. Such as safty issues and when you decide to sell the home the next buyers who come in will ask about the oermits and now its your responsibilty. And permits are a pain to get not to mention expensive.
-In your situation with the garage being converted into a livingroom, alot of times buyers are turned off by that even though it adds living space, the house has no garage. These days buyers are big on storage space.
- Taxes I'm not positive on but I would think they would increase becuase there is more living space.
Hope I helped you in answering your questions.
Best Regards,
Adrienne Soltis
Keller Willams Elite Realtors
Direct: 732-991-3117
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