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07716 : Real Estate Advice

  • All7
  • Local Info1
  • Home Buying2
  • Home Selling1
  • Market Conditions0

Activity 8
Fri Aug 24, 2012
There are a few banks out there doing 80/10%, but the bank I work for offers a single premium PMI, which you would be eligible for even if you have an existing fha mortgage. This PMI is not paid monthly and gets rolled into your mortgage provided you are putting 10% down. Below is a video on how it can save you money. Best of luck to you! Feel free to reach out to me through my profile to discuss this and other lender paid PMI options.

Joseph S. Cordova NMLS# 146855
Evesham Mortgage, LLC
22 South Maple Avenue
Marlton, NJ 08053
office: (856) 985-9944 ext. 103
direct fax: (206) 333-0946
cell: (856) 304-2381
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Mon Jul 22, 2013
Ron Thomas answered:
And how exactly, would you expect anyone to know the answer to this?
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Wed Jul 20, 2011
Francesca Patrizio answered:
Not to my knowledge.

Francesca Patrizio, Broker Sales Associate
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Tue Jun 28, 2011
John Skronski answered:
Dear A - Looking at the MLS sales, there's been about a 10% reduction in prices for single-family homes in AH. For the 6/1/2005-6/1/2006 period, the average sale price was about 523k. For 6/1/2010-6/1/2011 period it was about 475k or so. Now, history & trends are great to use as a guide, but every situation is different. In my opinion it's more important to get out of the market where you are (if that's how you feel) than to get into a market elsewhere. Unless, of course, you will have the two residences. A seller's motivation, as well as a buyer's, can play a major role in what a final sale price will be. So every home for sale needs to be looked at carefully to fully judge it as a good deal. I can help you if you'd like, and analyze the available properties in AH so you can best determine if it's right for you. Timing the market is difficult in any industry, so my advice is "don't put your life on hold if you are currently where you don't want to be." Home prices will go up and down and most of the time it's out of your control,and the market will put a price on your home when you buy it and when you sell it, but you can't put a price on your quality of life. "I bought at the low" and "I sold at the high" is for cocktail party conversation, who cares?!? If you can afford it, do it! Life's too short! ... more
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Mon Sep 9, 2013
Marc Paolella answered:

You can't. The assessed price doesn't have much to do with the sale price. You can attempt to file a tax appeal once you own the home, however most tax appeals fail. You have to prove that your house is taxed unfairly compared to other similar homes. It doesn't matter what you are paying for it. What matters is this: are the taxes on this home significantly higher than other similar homes in the neighborhood? Usually it turns out that they are not, and the tax appeal is not granted.

Good luck though!


Marc Paolella
Relocation Director/Appraiser
Century 21 Joe Tekula Realtors
201 Route 10 East
Succasunna, NJ 07876
Phone (direct): (973) 584-4235
Coolest map-based home search:
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Sat Oct 9, 2010
Francesca Patrizio answered:

This is not a question real estate agents can answer for ethical reasons. You might be better served to see the local police reports in the township, do drivebys day and night and ask residents of the area.

Sorry, we couldn't be of further assistance.

Francesca Patrizio, ePro, SRES
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Tue Mar 24, 2009
Jeff K answered:
Hi Thomas,

Take the yearly property tax on the property and divide it by 12. This figure is added into your monthly mortgage payment - but it is held by your bank in escrow and they pay out your various school and local taxes for you. If you put down 20% you can pay these yourself - but your bank will charge you a higher interest rate.

Same things for Mortgage Insurance (PMI). You will have this if you don't put down 20%. The amount of PMI depends on the amount of the mortgage and your credit, etc.

So ... your mortgage payment will be Principle + Interest (P&I) - this is your real morgage. PLUS taxes PLUS PMI (unless you put down 20%).
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Thu Dec 27, 2007
Deborah Madey answered:
There are currently 29 active single family homes available in the MLS for Atlantic Highlands. These range from an offering price at 325K to over 2M. The median price is in the mid 4's. There are 5 condos offered for sale right now in Atlantic Highlands.

There are 39 single family homes offered for sale in Highlands offered at prices beginning at less than 200K and up to almost 3M. The median price point is in mid 3's. Additionally, there is a mobile home park in Highlands with a few mobile homes for sale. There are 33 condos for sale offered in Highlands throughout several different condo and townhome complexes. Offering prices range from the mid 100's to the mid 700's with the median price point in the high 200's.

Both are shore towns, and people from out of the area often think they are areas of the same town. Each has it's own schools, municipal office, police force, etc. Both town also have ferry service, making both an excellent choice for NYC ferry commuters. Atlantic Highlands has a small, but vibrant downtown. Highlands has a cluster of eateries on the water and along a few main streets. The towns share a middle and high school. Each has their own elementary school.

You can review the school report cards by the State of NJ, here:
Be sure to look at Atlantic Highlands, Highlands, and Henry Hudson Regional (grades 7-12)

You can also learn about schools at

Check here for ferry schedules and rates

Both towns are near Sandy Hook offering beaches, trails, bike paths, birdwatching, bay activities, and more.

Both towns provide easy access to other shore towns from Sea Bright to Long Branch and further south. Clusters of activities can be found at Pier Village in Long Branch, a vibrant downtown in Red Bank, and numerous activities throughout the area.

Near to both towns is Hartshorne woods with miles of trails for casual walkers and hiking enthusiasts. It consists of over 700 acres.

Marinas with recreational and fishing boats are abundant in both towns.

Private equestrian activities are offered nearby.

It's a great place to live, play, and work.

I can send you a complete commuity printout for both communities via email in PDF format. This is not available as a link, but I will be happy to email it to you. It runs about 30+ pageseach and includes a variety of info on each municipality.

Let me know if we can help futher.

Deborah Madey - Broker
Peninsula Realty Group
732 530-6350
... more
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