Have you spoken with a mortgage rep regarding your purchasing power? According to current inventory, a 3 bedroom home in Rutherford is averaging at about $2500/month. Considering a one month broker fee, 1.5 months security, and first month's rent-- this puts you at almost $9,000 up front.
If you qualify for an FHA loan, this only requires 3.5% down, which based on the current average list price, is not much more than your up front costs for a rental. For example, I currently have a 3 bedroom home listed in Rutherford, and a 3.5% down payment would require something in the range of $12,000.
Please contact me at 201-679-0564 or email@example.com to put you in touch with a mortgage expert and I can show you some homes in Rutherford that may work for you.
I grew up and currently live in Rutherford. It is a wonderful town with great schools. I know the area well and would be happy to help. There are a number of places available, but I think we should narrow them down with your budget and other criteria you might have. Please feel free to email me at firstname.lastname@example.org or call me at 201-679-0564 so we can find a time to discuss.... more
Hi Damien. According to the listing broker's website, the property on Orient has $262 in maintenance fees. The property on Hackett appears to no longer be available. There do appear to be other Rutherford condos that are in your price range. I grew up and currently live in Rutherford and would be happy to help with any of your real estate needs. It's a wonderful town. Please call me at 201-679-0564 or email me at email@example.com if you would like to discuss some options.... more
GO to your local town building department, and zoning office. As a homeowner you can do your own work, but you should find out if a permit is required. You may want to reconsider if you don"t plan on staying long term, because when you go to sell you home, the value is much greater in a 3 bedroom.... more
There are a lot of wonderful communities in the Bergen, Essex, and Hudson County that would be a perfect fit for you and your family. If you still haven't found a town that seems right for you let me know and I'd love to compile a personalize list of properties that might suit your needs!... more
I had a client who wanted to buy a home in Arizona, but he had a foreclosure. After researching the web I found a loan program at www.cfsflex.com, they allow a mortgage after a foreclosure. There is no waiting period. Good to see lending options coming back.... more
I am an agent in Rutherford. If you have questions on any properties call me directly 201.250.4680.
I deal with Short Sales and Foreclosures. Feel free to email me with questions
I look forward to working with you.
Hi Needhelp, The first item to check is a full credit report that was run recently in the last 30 days. A loan officer will research by the credit report which year and month the foreclosure (120 days past due) has ended. At that point you will add three years to when you can obtain a mortgage with a bank, i my 8 yrs as a loan officer i dont know of any bank that will lend on a residential property with a foreclosure on credit report before that time period. The only options would be to use another persons credit or if you want to buy a commerical property (5 family property or higher) you would need at least 30-35% down and the loan would be by a "hard money" lender. They would charge points (5-10 points) and the interest rate could be 10-15% and the loan is not often a fixed rate, it often has to be refinanced in the future 5,10 and 15 yrs down the road or you can pay it off in full. Please email or call if you want to discuss, regards spencer k.
Customized Mortgage Solutions
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Office: 201 768 0090
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There are only 2 apartments but thet are for rent. There is a 2 bedroom condo in Rutherford available in the same building style. If you need more info please feel free to contact me at 201-615-0817 or email me at firstname.lastname@example.org. leave name, and a number where you can be reached
Flood plain homes usually sell for less in any town than non-flood plain homes and they can be more difficult to resell. There are exceptions like some of the homes on the Hudson River with spectacular views of NYC and the GWB in Edgewater. However, in this area, a premium has not been placed on homes with river views.
Is there a particular home that you are considering? An unfinished new construction in Rutherford is on short sale and is set on the river. It is built on pillars to protect it when the Passaic washes over its banks.
Please feel free to contact me if I can be of further assistance. I work throughout Northern New Jersey. Click on my name to the right for contact information and more information about me and testimonials from my clients.
I am a Realtor working in Rutherford. I would be more than happy to assist you in your home search. Please contact me via email regarding your home buying requirements. My email address is email@example.com.
Based on my experience taxes have increased everywhere and Rutherford is no exception. while I only work here and don't live here I certainly like the small town feel and sense of community. I hope this helps. Contact me if you need any additional information. Thanks,
Dave Asman... more