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07302 : Real Estate Advice

  • All147
  • Local Info15
  • Home Buying78
  • Home Selling12
  • Market Conditions6

Activity 582
Tue Sep 4, 2012
Grailin Simmons answered:
Thu Sep 6, 2012
Victor Rezabala answered:
I can surely assist you in your search. You can give me a call anytime so you can tell me a little more what your looking for and your budget. 917.209.9391
0 votes 5 answers Share Flag
Fri Sep 7, 2012
Melissa Caro answered:
I can help you with that, give me a call and we'll get started.
Melissa Caro
732-309-6568
Coldwell Banker
0 votes 1 answer Share Flag
Thu Sep 6, 2012
Amos Elroy answered:
If you contact me I will do all i can to help.

Sincerely,

Amos Elroy
CDPE (Certified Distressed Property Expert),
SFR (Short-Sale Specialist Certified)
NAEA Member (National Association of Expert Advisers)

Residential Real Estate Investment Consultant
Lic. Realtor Associate
EXIT On The Hudson Realty
(888) 462-6573 / (888) HOB-NJRE
FAX (888) 462-6573
Office 201-437-0411
http://www.HobNJRE.com

Twitter & Facebook: HobNJRE
... more
0 votes 3 answers Share Flag
Fri Sep 7, 2012
Laquita Baez answered:
Hi Lucky, I'd be more than happy to help!
Contact me directly with an email address to send some listings to.
How soon are your friends looking to move?

Laquita Baez
Licensed Realtor in NJ and GA
Weichert Realtors
973.687.7095

Dream Homes ARE Within Reach!!
... more
0 votes 3 answers Share Flag
Thu Sep 6, 2012
Laquita Baez answered:
Hi sumattr, I must tell you that probably the reason why you have not received any answers to your questions is because you mentioned you prefer finding a place with no brokerage fee paid by tenant. Most questions on this site are answered by Realtors and most rental fees are paid by the tenants. And with the competitive market in Jersey City and low inventory, to secure the best place possible as quickly as you need to, you may want to consider having a Realtor assist you. If not, you may get lost amongst all your renting competitors out there.

Either way, best with finding a new home!

Laquita Baez
Licensed Realtor in NJ and GA
Weichert Realtors
474 Morris Ave Summit, NJ 07901
973.687.7095

Dream Homes ARE Within Reach!!
... more
0 votes 2 answers Share Flag
Thu Aug 30, 2012
Deborah Madey answered:
Not much help....but, it depends. Is it the same loss mitigation negotiator? How long ago did the lender approve the other buyer? Has the condition of the property changed? Have there been any changes in the seller's financial circumstances?

If the prior approval was recent and all other relevant factors remain similar, it is reasonable that one could expect the process to be faster this time. Still, with banks, there is no guarantee.

Unfortunately, when our country gave them bailout funds without performance demands, it further embedded in the minds of the banks that they are in total control.
... more
0 votes 5 answers Share Flag
Sun Aug 26, 2012
Victor Rezabala answered:
I would love to assist you in your search. If you'd like you can call me at 917.209.9391
0 votes 4 answers Share Flag
Sun Aug 26, 2012
Victor Rezabala answered:
Yes the Jersey City heights is a nesting ground for families. It's high in demand and the school system is good. If you need assistance in finding a home in that area, reach out to me 917.209.9391 ... more
0 votes 4 answers Share Flag
Fri Sep 14, 2012
Laura Glazer answered:
Mortgage approval is not a problem when tenants are already in place at a property. Waterfront buildings like The Mandalay have a good number of units owned by investors who lease them, or homeowners who have outgrown them.
There are only problems when the ratio of rented apartments to owner- occupied units exceed bank standards and that can differ depending on the type of loan you are getting. I don't know what those numbers are currently at Mandalay, but I think they're OK.
This is a good building with a solid HOA and reputation. Values hold well, and like any purchase in this current market, they will only appreciate.
... more
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Sun Aug 26, 2012
Amos Elroy answered:
Sure, please contact me and I will provide a short list.

Sincerely,

Amos Elroy
CDPE (Certified Distressed Property Expert),
SFR (Short-Sale Specialist Certified)
NAEA Member (National Association of Expert Advisers)

Residential Real Estate Investment Consultant
Lic. Realtor Associate
EXIT On The Hudson Realty
(888) 462-6573 / (888) HOB-NJRE
FAX (888) 462-6573
Office 201-437-0411
http://www.HobNJRE.com

Twitter & Facebook: HobNJRE
... more
0 votes 4 answers Share Flag
Sat Oct 13, 2012
Andrew Tisellano answered:
Montclair, Little Falls, Rutherford, Verona, Caldwells, Cedar Grove, Secaucus

You can also get a 3 bedroom for $1600 and put them in a private school.
0 votes 3 answers Share Flag
Mon Aug 13, 2012
Darrell Roch answered:
First thing I would dp is first call the Property tax office for JC and find out what the taxes are for the property at (201) 547-4809. If its in another city or town look up the offices number on line.

If you getting a mortgage expect to pay a full years taxes in advance at closing. Your attorney can give you a better idea on what you will be paying it may be just a quarter. You can also call the mortgage company and ask how many months of taxes they require in escro.

Next to your question you will be responsible for the number of days left in the quarter. This should all be detailed on the HUD 1 which should be provided to you just before closing.

Like I said this is best answered by your attorney. Also if your working with a real estate agent they should be able to help you get the answers to these questions for your exact situation
... more
0 votes 1 answer Share Flag
Thu Oct 9, 2014
Darrell Roch answered:
In most cases any new development in the Downtown Jersey City area should only help to increase the property values in the area.

Currently the market absortion in the area is showing that the Downtown area is becoming a sellers market and properly priced condos are selling very quickly and some with multiple offers. Values are starting to increase off their lows. If you have owned for a while, and didn't buy at the highs now is a great time to list your property.

Also most of the new construction planned for the area is Rental and not Condo. This is good for condo owners as the demand for their condos should continue to grow and should help to rais prices.

For your specific property it depends on where your condo is located in the building. One thing in real estate is never to promise a specific view to someone unless you are 1000% sure nothing will be built infront of that view in the future.
... more
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Sat Oct 12, 2013
Victor Rezabala answered:
I will make some calls to see if we can do this. I will email for more info b
0 votes 3 answers Share Flag
Fri Aug 10, 2012
Amos Elroy answered:
Hi Vikram,
It could be bad, or it could be good, it all depends on the price you negotiate for the purchase. I would be happy to do an analysis for you with current asking prices. Please contact me if you would like that.

Sincerely,

Amos Elroy
CDPE (Certified Distressed Property Expert),
SFR (Short-Sale Specialist Certified)
NAEA Member (National Association of Expert Advisers)

Residential Real Estate Investment Consultant
Lic. Realtor Associate
EXIT On The Hudson Realty
(888) 462-6573 / (888) HOB-NJRE
FAX (888) 462-6573
Office 201-437-0411
http://www.HobNJRE.com

Twitter & Facebook: HobNJRE
... more
0 votes 2 answers Share Flag
Sat Aug 11, 2012
Diane Maxon answered:
Journal Square is more within your price range. I will research some possibilities and send you listings by 8 pm tonight.
0 votes 2 answers Share Flag
Tue Aug 7, 2012
Karina Abad answered:
HI Lpaige are you working with an agent?
Typically to make an offer the good faith deposit, offer to purchase and mortgage letter go along with it to be presented. Once it is accepted then you sign a contract, it's executed then entered into attorney review if you have a lawyer represent you.
Your real estate agent should sit down with you to explain to you the process of what happens.
In addition you should also hire a local real estate attorney immediately. Your attorney will walk you through the contract as well as when it becomes binding and the clauses built into contract that protect you.
Please don't rely on these forums to help you through this, now that you have made a formal offer it is crucial you have an agent by your side and a reputable attorney to represent you.

Best of luck!
... more
0 votes 4 answers Share Flag
Mon Aug 6, 2012
Victor Rezabala answered:
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