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Marlboro : Real Estate Advice

  • All20
  • Local Info2
  • Home Buying12
  • Home Selling0
  • Market Conditions3

Activity 19
Wed Aug 17, 2016
June Buerkle answered:
It depends on how badly you want the house.

From the seller's perspective, it is not their problem as it is your lender telling you that it has to be done. If it is a Buyer9;s market, they might prefer to pay for the work so that they don't lose you as the buyer. In a Seller's market, they will probably decline to pay for the changes, as they can probably find another buyer who won't have this issue (cash buyer) or is willing to pay for it.

From the buyer's perspective, this is an added expense you didn't count on (Welcome to home ownership!) and you probably think the seller should pay for it or reduce their price so you can pay for it. However, it is all negotiable. Check the language of the contract, usually inability to obtain financing is a clause which would let you back our of the deal without penalty.

1),Seller might pay (means he makes less $)

2) Buyer might opt to pay, in order to obtain financing (essentially, the house just cost more)

3) You agree to walk away from the deal & both parties start over with new partners.
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Thu Jun 16, 2016
Kvkhorosh asked:
Price of my house much low, compere with other prices on the market, $93.00 per SF, but realtor continue sad, that in my area houses Not sold for past year more than $400.000, But... only…
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Fri Mar 14, 2014
Simon Campbell answered:
This can be really scary for a tenant but most, if not all, states protect the legal rights of the tenants. I checked with the New York Department of Financial Services (http://www.dfs.ny.gov/consumer/tenantrights.htm) and they state that "Change of ownership due to foreclosure is not in itself good cause for eviction so in the absence of other compelling circumstances Section 8 tenants may not be evicted by the new owner." The only exception to the above is that a new owner can evict a tenant, in only one unit, if the owner intends to occupy that unit as his/her primary residence. In that case, the new owner must provide notice to vacate at least 90 days prior to the effective date of eviction. ... more
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Fri Mar 14, 2014
Simon Campbell answered:
There was some new legislation designed to protect tenants. It is called the "Protecting Tenants at Foreclosure Act." The new law allows tenants who have a lease to remain in their home until the end of the lease period unless a new owner purchases the home at a foreclosure sale and intends to occupy it as a personal residence. In that case, the renter can be evicted with 90 days notice even if a longer-term lease is in force. Or so said an article in MSN Real Estate. Here is the link to read the article and get more information: http://realestate.msn.com/article.aspx?cp-documentid=22789901 ... more
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Thu Feb 6, 2014
Kvkhorosh answered:
Hello
Also you can use a bus going to Manhattan from Newburg, NY, which is only 6 miles from Marlboro. This bus station have a free parking lot, So... you can park your car and go to Manhatan. I think, that bus has a longer ride than train and train has more flexible schedule and parking cost only $3.50 per 24 hours.
Good lock !!!!

Vera.
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Sun Jan 5, 2014
Kvkhorosh answered:
I have house what you looking. It my house, I live there. 4 BR, 4bath, finished walk out basement with sliding door and big windows, 1 AC. property with 17 pear trees and swiming pool. It over 3.000 sq ft very modern, staco and stone with europien kitchen and ceramic tiles and a lot of extras.
Taxes is $11.750.00, but we have Star program, which bring our taxes to $ 10.500.00 approximetly.
We ask $ 410.000. It one of the best houses on the market.
If you interesting please call me at 914-489-7540. my name Vera.
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Mon Aug 12, 2013
Ron Thomas answered:
That SHOULD be listed in the DISCLOSURES; should!
If not, you can just ASK;
A lot of people would not think of something like that for the Disclosures, but I can see where it would be important.
I would recommend gettng the well Inspected for both quality and quantity as part of your inspections. Put a Contingency on it too.
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Thu May 23, 2013
Dave White answered:
I have the perfect house for you. Its only 9 years old and has been very well maintained. Its priced to sell because I am semi-retired and my wife and I want to relocate to North Carolina to be closer to family. Follow the link below and you can see it. Hope you like it! ... more
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Wed Sep 7, 2011
garbagejohn answered:
HI I HAVE 1 ACER MY HOME IS ASST. FOR 321.000 MY TAXES ARE 10.680. A YEAR NEXT YEAR IT WILL GO UP BY 40%
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Mon May 30, 2011
Anna M Brocco answered:
Check with local realty offices for available rentals, check local print media for by owner rentals, word of mouth, etc.
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Thu Feb 11, 2010
Voices Member answered:
To obtain the C of O it may be as simple as filing for a permit, having the town inspect for code violations then issuing a C of O if none appear. Even if there are problems such as a missing GFIs or insufficient insulation it can be remedied and the town would come back and reinspect and issue the C of O. For a few dollars you may recoup thousands.

A bigger problem may occur when an addition was put up without permits and that addition happens to not meet specific zoning codes. The seller would usually file for a variance and that could take a long process. In this case the seller is the bank. Are they going to lend you money for a home that is lacking a c of o?

You really need to specify why it's missing a c of o because are you going to take on that responsibility of having it fixed? REO properties are generally sold "as is" meaning that the bank will not be responsible for getting anything done and that is reflected in the price. Your agent can attempt to negotiate on your behalf but honestly you'll probably need to assume the risk.

I'd call the town inspector to see if he can shed some light on the reason for the missing c of o.
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Thu Feb 11, 2010
Robin Silverberg answered:
I know that in some of the more remote upstate counties contracts are now being done by realtors, but I believe that in Ulster it is still customary to have an attorney represent you. They will not match up the title report with the appraisal, but they could be on the look-out for open permits on title. Some attorneys try to learn more about the house than others, but if there are no open permits, the survey inspection does not show anything unusual that is not on the original survey, like an addition, they may not uncover these things. I have found some very dilligent buyers who go to the town to look up the initial plans, and then look for any CO's for additions, including bathrooms. Other people feel that if they work, and there is nothing that will keep them from closing, they don't care.
Can you be more specific about what you are talking about? Was it a garage that was converted into a room? An addition? A dormer? An added bathroom in the basement? That would make it easier to tell if it is something you should have looked into yourself or not.
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Tue Apr 14, 2009
Jim Lavin answered:
Listing 5 new lots this weekend..
James M.Lavin C.R.S. Pinnacle Property Specialist CELL:732-673-4216

2009 CLOSED OR UNDER CONTRACT $9,360,000
2008 CLOSED Over $26,600,000
2007 CLOSED over $30,000,000
2006 CLOSED Over $48,700,000
2005 CLOSED Over $47,000,000
4 Year Closed Sales Total Over $150,000,000
#1 Agent Closed Dollar Sales 2006 ( 1/1/06-12/31/06) Monmouth County Association Realtors
Over 11,000 Monmouth / Ocean County Realtor Associates
2008,2006, 2005, 2004, 2003 & 2002 "CIRCLE OF EXCELLENCE" PLATINUM AWARD WINNER
2007 "CIRCLE OF EXCELLENCE" GOLD AWARD WINNER
2002 REALTOR ASSOCIATE OF THE YEAR
AWARDED BY MONMOUTH / OCEAN COUNTY ASSOCIATION OF REALTORS

Column1 Street Town Action Status Price

38 Laird Road Colts Neck Sold U/C $1,899,000
38 Laird Road Colts Neck Listed U/C $1,899,000
5 Falcon Drive Manalapan Listed U/C $1,199,000
16 Partridge Road Colts Neck Listed U/C $749,000
131 Prospect Street Clark Listed U/C $399,000
315 Ottawa Ave. Hasbrouck Hts. Listed U/C $375,000
21 Ely Road Holmdel List/Leased C $55,000
249 Holland Road Holmdel List/Leased C $51,000
27 Winchester Lane Holmdel Sold C $1,600,000
27 Winchester Lane Holmdel Listed C $1,600,000
12 Topeka Tinton Falls Sold C $30,000
15 Ambrose Lane Holmdel Sold C $19,800
UNDER CONTRACT OR CLOSED DOLLAR SALES 2009 $9,875,800


AVAILABLE INVENTORY
5 Elsworth Place (Adult Community) Holmdel Rental A $2,700
Inca Road (Land) Rio Rancho NM Listed A $40,000
23 Locust Ave Eatontown Listed A $347,500
Route 520 (5.9 Acre Lot) Marlboro Listed A $379,000
496 Laurel Ave (Deli 2 Family Home) Hazlet Listed A $399,000
123 Opal ( Ocean View Land) Aruba Listed A $450,000
5 Elsworth Place (Adult Community) Holmdel Listed A $529,000
4 Kathleen Drive Colts Neck Listed A $649,000
27 Mc Campbell Road (Mother / Daughter) Holmdel Listed A $639,000
10 Inverness Holmdel Listed A $675,000
5 Galloway Holmdel Listed A $800,000
Georjean Drive NEW HOME Holmdel Listed $989,000
51 Phalanx Road Lincroft Middletown Listed A $999,000
14 Round Hill Road Holmdel Listed A $1,000,000
80 Sandalwood Drive Marlboro Listed A $1,199,000
44 Minebrook Road 5,000 sq' 6 Acre Colts Neck Listed A $1,399,000
101 Hazienda Farm (4.9 Acre Lot w/lake ) Holmdel Listed A $1,399,000
4 Kathleen Drive Colts Neck Listed A $1,399,000
247 Holland Road Holmdel Listed A $1,499,000
11 Hasting Road Holmdel Listed A $1,598,000
94 North Mitchell Little Silver Listed A $1,698,000
10 Thistle Lane Holmdel Listed A $1,697,000
14 Winchester Lane Holmdel Listed A $1,698,000
24 Winchester Lane Holmdel Listed A $1,799,000
15 Winchester Lane Holmdel Listed A $1,849,000
35 Harbor Road Marlboro Listed A $1,849,000
21 Ely Road Holmdel Listed A $1,999,000
7 Kimball Turn Holmdel Listed A $1,999,999
2 Messenger Drive (NEW 7,200 sq' 2.2 Acres) Colts Neck Listed A $2,199,000
25 Ely Road Holmdel Listed A $2,378,000
9 Country Meadow Colts Neck Listed A $2,499,000
7 Maacka Drive Holmdel Listed A $2,499,000
2 Pacer Court (15,000sq' incs. LL5.2 Acres Colts Gait) Colts Neck Listed A $3,999,000
3 Michaels Way (14,000 sq' incs. LL 2.7 Acres) Colts Neck Listed A $4,299,000
18 Raintree Court (13,500 sq' incs. LL 2.7 Acres Hazienda Estates) Holmdel Listed A $4,499,000
12 Raintree Court ( 2.5 Acres Hazienda Estates) Holmdel Listed A $4,999,000
AVAILABLE INVENTORY DOLLAR TOTAL $48,462,999
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Tue Jan 27, 2009
Voices Member answered:
Hello Sue:
You said you need a three bedroom townhouse with a new kitchen and garage. Before you limit yourself to just a townhouse in a particular area there are many questions that a real estate agent needs to ask you. Why you ask? If a buyer's agent, and that's who you should be looking for, is professional and earnestly cares about their client, they would need to know the exact reason for this need. Other options which you may not have thought about could be available and may suit your needs better.It's best for an agent not to assume anything about a client and to develop a relationship of trust and understanding before embarking on probably the most expensive purchase or investment you will ever make. Real estate agents are here to be the source of information for you their client. So choose the best agent to represent you and if you would like my help I'm always available for consultation from 7AM to 9PM, 7 days a week at 845-255-0019. I am currently an associate broker buyer's agent with Exit Realty Services in New Paltz and soon to be a Broker Owner of another EXiT franchise. Best wishes for a joyful adventure! ... more
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Mon Jun 30, 2008
Beenu asked:
There are pretty nice houses in Glenbrook, Marlboro,NJ. These are attached single family houses.The roofs of the garages are joined together too.There is no association taking care of the…
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Fri Jun 6, 2008
Janine Bowen answered:
Hey Mark - are they both in the same subdivision? Are they located along the street or on a cul-de-sac? It really depends on the topography, the location, the type of utilities (well,septic, municipal) and the surrounding area. Let me know more details of the homes and I will give you my opinion of the price differential (if any). ... more
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Tue Apr 29, 2008
Zack answered:
There is also a Marlboro in NJ although I have no idea where that it. I'm just pointing that out in case you didn't mean the one in Ulster County, NY.
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Tue Mar 4, 2008
Jared answered:
Marlboro real estate has continued to thrive. Now that we are in a buyers market it is a great opportunity to buy and with so many homes to choose from you will get a top of the line home for a great price. Other areas that may be of interest to you include Freehold and Manalapan. The commute to the city is roughly 50 to 70 minutes. Within my web page you can find details about each of the schools in Marlboro and other districts in the area. If you have any other questions feel free to contact me via e-mail at Jared.Mosery@coldwellbankermoves.com ... more
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Thu Jan 17, 2008
Deborah Madey answered:
Hi Scott,
We would be happy to send you lisitngs.
Deborah Madey - Broker
Peninsula Realty Group
Deborah@PeninsulaFirst.com
(732) 530-6350 - Direct
(732) 530-7755 - Main Office
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