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Market Conditions in Wildwood Crest : Real Estate Advice

  • All59
  • Local Info6
  • Home Buying25
  • Home Selling0
  • Market Conditions7

Activity 7
Thu Aug 25, 2016
1te.nder answered:
7 years later, does anyone care to update ?
0 votes 13 answers Share Flag
Sun Oct 20, 2013
Anita Buonerba answered:
Suzanne, I am a Realtor and own a 3 bedrm townhouse in Diamond Beach, just had mine appraised for $420,00 which is lower than expected, however, appeals to appraiser can be made. Call me for additional advise.
Appraisers use comps as old as three months, similar properties, with adjustments $$$ depending upon location, condition, and upgrades?????. What is the reason for the appraisal? Selling, buying, or to appeal taxes? An appraisal is necessary in all of these scenarios.i

Anita Buonerba
... more
0 votes 4 answers Share Flag
Thu Sep 19, 2013
Fadpjr answered:
Thu Sep 19, 2013
Fadpjr answered:
Check out 203 Summit Ave Sewell NJ 08080
0 votes 2 answers Share Flag
Sat May 21, 2011
David Green answered:
Hi Sjmir,

Well now the sale is over, did you take advantage of the prices. Most realtors knew they wouldn't be bargains but they were good buys . With a low of $407,000 to a high of $ 660,000 that is where beach block luxury properties are today . There are still others on the market just as good a value. ... more
0 votes 2 answers Share Flag
Thu Sep 2, 2010
Vacationrentalsinwildwood answered:
The owner keeps them until they sell. How will they sell? Well they either have to hope the economy gets better or reduce the prices. If i were to buy there, what I would want to know is how much the taxes are and more importantly understand the maintenance fees. If only 30% of the building is sold, will the maintenance fee go down once all is sold? Is the cost to currently maintain the buildiing divided amongst all the condos with the builder paying the fee on his units or is it divided by the 30% of the units sold?

How does all that work? If the builder is not paying on his units and it takes 5-10 years to sell the rest of the units and something big happens like it needs a new roof, after all is sold, the new owners would get assessed big time.

I am currently a Seapointe Village owner eyeing to buy in the Grand if rent could pay all costs. We purchased in SV in 2003 and all costs are covered. I think you can purchase a condo in SV now (Sept 2010) and depending on the unit you buy, you can pay all costs or come close to cover all costs IF and only IF you rent it on your own WITHOUT a realtor. We rent on our own using our website

You need to understand that certain units rent better than others especially if you want to be able to rent longer than just the prime season. Also most buildings except for Centre Court have been renovated and paid for. (actually the townhomes are going thru it now and have not been assessed yet)
... more
0 votes 3 answers Share Flag
Wed Jun 10, 2009
Tara Penn answered:
Hi Joe,

Are you still planning on visiting this summer? we can go take a look in person.....have you booked your rental yet?

0 votes 2 answers Share Flag
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