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Laurence Harbor : Real Estate Advice

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Activity 11
Sat Jul 2, 2016
Rsskoota asked:
We accepted an offer Contingent on sale of buyers home in early May. His home was already under contract, contract stating close date of 6/13 and contingency until 6/30. Sale has still not…
0 votes 0 Answers Share Flag
Thu Aug 20, 2015
UpNest Top Realtors answered:
Hello Edyta,

The only way to get your home listed on Trulia is to have it listed on the MLS. Only agents have access, so hiring an agent is the easiest way, but you could also pay for what's called a flat fee listing service if you want to sell by owner (generally not a good idea).

We created UpNest (http://www.upnest.com) to help home sellers get the best value possible. All you have to do is submit a few details about your home, and we'll invite several top local agents to submit proposals to you.

Since agents are competing to earn your listing, they bring out their best commission rates and value added services, saving you a lot of money. There's no risk to try us at all, and it's completely free for you.

http://www.upnest.com

Good luck!
... more
0 votes 9 answers Share Flag
Thu Aug 20, 2015
Javier Matallana answered:
A property Priced Right should get an Offer within 17 days from Listing date.
0 votes 15 answers Share Flag
Fri Feb 27, 2015
Ali Qureshi answered:
It depends on the location. Lately, I have not see a great welcoming response from buyers for having a pool because of life style changes, high maintenance cost, lack of time, etc..
0 votes 22 answers Share Flag
Wed Jan 8, 2014
Todd Kessler answered:
I own homes in South Amboy and have never paid an additional fee for garbage collection. There is municipal garbage collection in South Amboy. You will have a separate bill to the city for sewer charges in South Amboy in addition to your tax bill and you will pay a separate water bill to Middlesex Water Company. There are some towns in our area, such as Old Bridge where you do have to hire a private garbage company to cart your trash (at a cost of about $70-$125 / qtr depedning on the company). To confirm you can call the Public Works Department or, if you are working with a realtor, ask them to double check for you. I recently sold 420A Catherine Street and the garbage was being picked up without an extra charge. There is a possibility that the listing agent on the house you are looking at was unsure if there was an extra charge in South Amboy and they played it safe by choosing "extra charge" ... more
1 vote 2 answers Share Flag
Wed May 22, 2013
Ronald Sheedy answered:
Sam,

Would be happy to help if you are still looking. I have 7 years experience running the finance department of a property management company that managed 5000 rental units. Please give me a call at your convenience if you are interested in discussing how I can help you.

Ron Sheedy
(732) 239-7452
... more
0 votes 2 answers Share Flag
Wed Oct 20, 2010
Mary Petti answered:
Balalji,

Hard to answer with little info...BUT.. I am going to mae an assumption here.

IF the contract wasn't accepted by the bank yet, but they are making you sign additional addendum to present to the bank WITH your offer, then they are giving you the heads up that it can take 2-3 weeks to have bank approval of your offer, and then you have an additional 17 days to get the formal appraisal and loan commitment.
That means that you need to start on your mortgage application process (which will include the appraisal) as soon as you have your offer sent to the bank. Since a foreclosure usually doesn't allow for any repairs after home inspection, they are giving you in essence 4-5 weeks for the approval to be obtained which is very doable.

I have seen the banks grant a 7 day extension on this contingency and even the closing date (they usually give 45 days from acceptance of your offer to close).

I would make sure I was using an attorney and RE agent that are familiar with the process and have them be in close contact with the sellers agent, (and he/she in turn with the bank) to make sure you are protected along the way. Hope that helps.
... more
0 votes 8 answers Share Flag
Wed Oct 20, 2010
Jeanne Feenick answered:
Very likely that it is listed on two MLS systems - as an example, in my market, there are several communities that are wisely listed on both the Garden State and the Middlesex MLS';, two different systems and two separate MLS numbers. Usually though a broker/agent will specify one MLS as the primary feed to resources like Realtor.com. What I encounter as when clients find a listing on Realtor.com at times is a number that is not an MLS number at all, but rather what I think is likely a broker generated id number. In these cases, I advise my buyer to send along the link and I do the research on the MLS to find the listing.

Best,
Jeanne Feenick
Unwavering Commitment to Service
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0 votes 9 answers Share Flag
Wed Oct 20, 2010
Ken Lowe answered:
Number of bedrooms would increase value but not by $100,000. In the same complex a variation of that amount based on unit size, location in the building and view is not unusual. In my market, it is common for a variation of 100,000 for a view of the ocean as compared to a parking lot view. ... more
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Sun Oct 10, 2010
Balaji answered:
really? Townhomes retain value better than single family?
0 votes 9 answers Share Flag
Thu Sep 23, 2010
Monir Mamoun answered:
Balaji, if you find a great property through HomePath.com, I can assist you in getting connected with finance for it. It's not as widely understood as the standard FHA approach, but on the other hand this is what gives you extra opportunity for a special deal. ... more
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