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Home Buying in Somerset County : Real Estate Advice

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  • Local Info3
  • Home Buying8
  • Home Selling0
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Activity 307
Sun Nov 12, 2017
John.gritman answered:
No, we're not stuck in the 18th century though there are still a fair number of wooden houses from that period. Mostly people will build to cost. The US has about as much forest as when my ancestors landed here 374 years ago. Wood is inexpensive compared to concrete and much less expensive than masonry.

I lived in a concrete house when I studied in Germany. I loved that house, it was so quiet! But it would never survive in an earthquake. I'm not sure about a hurricane. It had one of those nice tiled roofs. I went into the actic to see how the tiles were fastened. They had hooks on the back, were laid on strips of wood which were nailed to the rafters and then cemented in. At 120mph wind, I think they would be shaken off.

Now for the gentleman who wants a house like those in the alps, I have a few suggestions: 1) Build a Spider Tie foundation which is 5" of reinforced concrete, then 2" of polystyrene rigid insulation joined to another 3" of concrete (Google Spider Tie to see how it is done), 2) Frame the house with 2x6 walls with Roxsul insulation which is mineral based and fire retardant, but frame it to Florida standards, 3) sheath the exterior with 5/8" Dow Board (you will not believe how quiet the hose will become) and then an exterior covering of your choice, 4) shingle the roof according to Florida standards, 5) cover the walls and ceiling with 5/8" sheet rock but first insulate all interior walls with the Roxsul that is made for sound deadening, 6) floors can be what ever you want so long as you go "over-code" on the floor joists.

In our last house, I redid the bath and common rooms with insulation and insulated the exterior walls before I re-sided. My sub-floors were glued and screwed to the floor joists. Not a squeak in the place. And yes, it was safe in high winds and a flood in Ohio.

Remember when Buckingham Palace burned? Real thick stone walls but wood joists and floors.

Ask a contractor the right questions. Why did you like the house in Switzerland? hat's what you want to emulate.

I hope this helps.
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Sun Aug 6, 2017
Angel.loan.investment answered:
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Mon Jul 17, 2017
Jeff asked:
child care, schools, convenience of living, traffic get to north jersey, etc. comparison with Florham park and Mendham. please share, thanks!
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Mon Jun 26, 2017
Alan May answered:
What's wrong with a wood-framed house? There are meelyons and meeelyons of them throughout the United States.
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Sat Jun 3, 2017
Kathy Burgreen answered:
As a former realtor it would be in your best interest to have a realtor negotiate for you. The HUGE issue is the listing agent that you saw at the Open House works for the seller. He / she has no interest in negotiating a lower price for you. Also the listing agent reviewed all the comparables already and you did not. Comparables are similar homes that have recently sold, currently under contract and homes currently for sale. If you need to rely on Zillow / Trulia or other websites, you do not have the same information as the listing agent does. The listing agent is using information from the MLS system which is not available to the public. This is their secret weapon. You do not have access to it.

Therefore, you need a buyers agent who can give you the same information from the MLS as the listing agent has. Once you reviewed the comparables, then you can negotiate in good faith and with realistic price points.

You need to know that websites like Zillow, Trulia, etc. calculate estimates based on public information from the county. Public information includes things like lot size, square footage, number of bedrooms / bathrooms, age of home, property taxes paid, dates and prices of previous sales and whether the home is a single family, multi family, condo, etc.
Estimates do NOT include: layout of the home, condition of the home, whether the home has recently been renovated or not, neighborhood information, school district information, style of the home, if the home has been on the market for a long time - why, etc. All of these things factor into pricing the home to sell. Zillow and Trulia do NOT factor these things into their estimates. Realtors do factor these things.
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Mon May 15, 2017
Kathy Burgreen answered:
As a former realtor, forget your dream of buying a brand new home - in NJ it is NOT WORTH IT!!!! You need to understand some basic concepts: Builders in the NYC metro area know buyers like you LOVE brand new built homes and they have no trouble getting buyers like you to sign contracts 1-2-3. Therefore, builders will price these new homes at a premium (much higher than regular homes already lived in). It takes about 5 years for new homes to equal the value of regular homes because the minute you move in, your home loses value. The issue is if you intend to sell within 5 years, your home is compared to regular homes on the market - not new built homes and your "new" home will be compared to older homes that have lower values. Hey, this is NYC area and builders know they can ask for as much money from you to make a nice profit.

As for property taxes, both New Jersey and New York have the highest property taxes in the U.S. Apparently the politicians want to boast how good the school districts are and have no intention of lowering property taxes. Also school budgets are voted on yearly by residents and those residents are happy to pass the school budgets every year EVEN IF it means increasing the property taxes. While I'm at it, both New Jersey and New York also have income taxes.
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Sat Mar 25, 2017
Jamie Petraglia asked:
Wed Jan 25, 2017
Con Cac asked:
1. If the contract does not state anything about underground oil tanks, and the inspector finds one, I (as a buyer) can't really use that to cancel the contract, correct?
2. If the house…
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Mon Aug 15, 2016
Angelica P answered:
Hello,

We didn't get enough information about your problem to resolve the issue. Please provide us with complete property address and we will be happy to assist you.

For future reference, you can feel free to contact us about this type of inquiry through our contact form here:

http://www.trulia.com/help/ask/


Thank you for using Trulia!

Angelica
Consumer Care Advocate
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Fri Aug 12, 2016
Junkman asked:
(6 yrs) I want to sell the house. Which town has a better resale (or potential appreciation) value?
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Sun Jul 24, 2016
Gauravghodnadikar asked:
Will it be beneficial to buy open lot (plot) in sharing with friends, and then build individual houses on it?
1. Can we own our house land independently ?
2. Will it have any impact while…
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Sun May 22, 2016
Dietric Williams answered:
In California we would submit a notice to close form. Essentially the said party has three days to close or the deal can be cancelled. You'll lose some money from inspection, etc. but its sometimes a good resource to get the other party to get a move on. ... more
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Mon May 9, 2016
Jonathan Lahey answered:
Fri May 6, 2016
Maria Tsabrova Buyers Rebate answered:
Yes, you can if the seller rejects to take care of the rotten floor. Are you working with Buyers Agent, she/he must advise you accordingly.
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