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07901 : Real Estate Advice

  • All23
  • Local Info2
  • Home Buying7
  • Home Selling3
  • Market Conditions1

Activity 16
Wed Mar 1, 2017
Melissa993 asked:
Mon Aug 29, 2016
Thunder_bolt157 asked:
Wed Jul 6, 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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0 votes 1 answer Share Flag
Sun Apr 6, 2014
Andrew Tisellano answered:
Towns do not follow the same guidlines but usually they look at the permit and may come back out to your home for inspections after the work is complete.

Technically they should be looking at similar home sales to see what your home may sell for in similar condition. Some towns just go based on square footage number of bedrooms and bathroom and amenities like central A/C pool etc. ... more
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Wed Dec 18, 2013
Barbara Lewis answered:
0 votes 7 answers Share Flag
Thu Oct 24, 2013
Edith Miller Angelo answered:
It may be that the seller was hoping to get enough for the home so as not to HAVE to go into a short sale, and when he accepted your offer, and he divied up the expenses he didn't have enough to pay the bank in full. Sometimes a short sale is a question of as little as $10,000. Banks are slow, seem to be able to do whatever they like and if the selling agent is not working with an attorney who is familiar with the particular bank (Only four banks own the majority of the mortgages in NJ; they bought them up from smaller banks.Agents are supposed to advise you of a short sale but if it was not a short sale at the listed price the agent probably did not know they would have to go that route. If you can find out for me the bank that holds the lien and the attorney they are using you might have better luck convincing the seller to use a different attorney. It is rough. I closed one that was listed at $329,999, the bank agreed to take $268,000 in December but when the market picked up in January the bank just did a turnabout and said they would not take less that $315,00. Needless to say we were all caught by surprise and the $268,000 buyer did not not qualify for the $315,000 and I had to put it back on the market and start over. Luckily since the market HAD picked up we found another buyer quickly. You may have to switch attorneys to one that has more experience with Short Sales. A lot of people use a relative to close their sale but the relative is mainly a divorce attorney and really doesn't have real estate at the top of his game. I'll be happy to talk to you. http://www.eangelo.remax-nj.com
http://www.facebook.com/Edith.ReMax
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0 votes 7 answers Share Flag
Thu Oct 24, 2013
Edith Miller Angelo answered:
Gated communities tend to be VERY expensive or in areas that require a 'gate'. There are lots of wonderful town home opportunities in New Jersey. (my son just moved TO Jersey City from Manhattan) If you give me a call we can talk about what towns and price ranges will work for you.
http://www.eangelo.remax-nj.com
http://www.facebook.com/Edith.ReMax
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0 votes 10 answers Share Flag
Thu Oct 24, 2013
Edith Miller Angelo answered:
Summit is not a town of 'medians'. There are homes from $250,000 up to five or more million so giving you the median price that far back is impossible unless you can give me the particulars of a home you are interested in. Our records probably don't go that far back online but I have been a realtor since 1981 and have a pretty good memory or I can go to town hall and see what I find after you get me some more information. Give me a call if you like: http://www.eangelo.remax-nj.com
http://www.facebook.com/Edith.ReMax
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0 votes 4 answers Share Flag
Mon Jul 29, 2013
Ronald Sheedy answered:
Jacqueline,

I would contact the Zoning Department for the township to get this information. The zoning will dictate the percentage of lot coverage allowed. In addition they will be able to tell you what the setbacks in Summit are. The setbacks in New Jersey are definitely higher than those in California.

Good Luck.

Ron Sheedy
(732) 239-7452
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0 votes 3 answers Share Flag
Sun Sep 2, 2012
Martha McDonnell answered:
The City of Summit will allow you to close with a TCO: temporary certificate of occupancy, however there are two items they will require: proof that there is no asbestos anywhere and certification that the grounds are clear of insect and or proof of treatment. ... more
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Sat Jun 25, 2011
Jeanne Feenick answered:
My favorite links:

NJ Monthly High School Rankings 2010: http://njmonthly.com/articles/towns_and_schools/highschoolrankings/top-high-schools-2010.html

NJ Dept of Ed Report Cards: http://education.state.nj.us/rc/

Star Ledger School Report Card: http://www.nj.com/news/index.ssf/2009/02/tough_new_state_tests_spur_hig.html

Great Schools: http://www.greatschools.org/new-jersey/

NJ School Directory: http://www.state.nj.us/education/directory/

Come on over - life is grand in NJ!

Best,
Jeanne Feenick
Unwavering Commitment to Service
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0 votes 8 answers Share Flag
Mon May 23, 2011
Nelson Jaramillo answered:
Summit is a great town you really can't go wrong in any sections
0 votes 3 answers Share Flag
Tue Nov 30, 2010
Edith Miller Angelo answered:
I have been a realtor in the area for 38 years and spent ten of those years as a manager for Weichert Rental Division in Summit, when they had free standing rental offices. The real truth is that listings posted on craigslist with NO FEE, rent in a week. The problem is the landlords are spoiled. For many years the tenant paid the rental commission. Now, even NYC apartments are not only having the landlord pay the fee but are even offering a month's free rent as an incentive in the winter. I will no longer accept a listing unless the landlord is willing to at least split the fee, because it is doing a disservice to the client. A property in a Summit Victorian that should have rented in three weeks sat empty for almost 7 months because the tenant had to pay the fee and the apartment was over $2500. When you consider that a tenant has to come up with 1 and 1/2 month's security and the first month's rent, an additional $2000 is practically a down payment on a house. The smart landlords who remodel their units AND pay the fee, rent very quickly. (There are a couple of units that were over improved for the neighborhood and they too are sitting empty, but that is because the builder obviously did not consult a savvy realtor before he put a $2500 rental in a $1300 neighborhood.) If you will notice, the craigslist things rent. But check on MLS and you will see that the majority of property on the market a long time is fee-to-tenant. If you remodel, write leases of 9 or 14 months to avoid being vacant in the winter and pay the fee, you will have no trouble renting your units. Edith Angelo RE/MAX Achievers, Summit 908-522-9444. Also a l;ot of realtors don't service rentals, take pictures with cell phones or worse, no pictures at all. My rental clients tell me that whether on MLS or craigslist, if there are no pictures, they do not even call. ... more
0 votes 4 answers Share Flag
Fri Dec 11, 2009
Martha McDonnell answered:
Commuting and Parking should be part of your due diligence before moving into a new town and buying or renting a home.
I ALWAYS recommend a dry run; try the commute one day in BOTH directions and during actual commuting times. Some people will try it on a weekend when the train schedule is limited and then get discourage for no true reason.

What I find with many of my clients is that they have established a few routes: one for early morning and others for off peak.

NJ Transit has put together a list of all available parking at their train stations.

Martha McDonnell
Lois Schneider Realtor
Summit, NJ
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0 votes 2 answers Share Flag
Tue Jul 28, 2009
The Carloto-Mullin Team answered:
Hi Dawn, The best school around for real estate licensing is the Professional School of Business in Millburn. Their website is www.proschool.com. I'd love to speak with you if you are thinking of getting your license. ... more
0 votes 1 answer Share Flag
Wed Jun 24, 2009
Peter Loeser answered:
Hi, according to todays GSMLS this home is not an active listing.
The listing expired on 8/9/08 with a list price of $525,000. The market was a lot stronger then than now.
So,since I only know the location and have not been in the home to determine its true value, I am unable to
make a professional price assessment. Give me a call at 973-220-2485 to discuss this.
... more
0 votes 7 answers Share Flag
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