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08002 : Real Estate Advice

  • All20
  • Local Info1
  • Home Buying13
  • Home Selling0
  • Market Conditions0

Activity 96
Sat Oct 29, 2011
Laura Ciocco and Tara Hendricks answered:
Park Place is a nice community which is centrally located to major roadways and shopping. It is nicely maintained and the units tend to rent well if you are looking to invest.
0 votes 6 answers Share Flag
Mon Jun 19, 2017
Thomas Leone answered:
Hi Nancy!,
There are in fact a few services out there that will allow you to post your home on the MLS without a real estate professional. The downside is that those services tend to be very pricey. Before making the jump you should consider if you are ready to handle the sale yourself. Things to consider; are you well educated on the sale process, will you be able to qualify your buyers, what safety steps will you take before allowing a stranger into your home, how much will you have to pay the attorney since you’re not using an agent, and so on. Selling a home isn't as easy as a sign in the ground and some pictures on the internet. At any rate I wish you the best of luck, and if you change your mind I'd be happy to help.

Tom Leone
Weichert Realtors - Washington Township
Cell: 856-404-5180
... more
0 votes 87 answers Share Flag
Fri Apr 20, 2012
Camille Marotta answered:
Depending on how underwater you are on your current residence there is a loan program called a short refinance. To be eligible for the program you have to be at least 25% underwater. There are a great many details that go with the program. Too many to mention in this e-mail but if you would like you can call me at 732-539-9300 for the details.

Camille Marotta
GMI Home Loans
Sr. Mortgage Originator 9838
... more
0 votes 12 answers Share Flag
Wed May 4, 2011
Mary Petti answered:
If you mean closing costs it varies quite a bit but typically at 5% commission figure on another $5000-$8000 in filing fees, recording fees, attorney fees, NJ Realty transfer fees (which is basically a sales tax), potential repairs you will need to do based on inspections, cost to obtain fire and CO2 and certificate of occupancy (if required). There can be other costs but these are the basics and not all inclusive. ... more
0 votes 7 answers Share Flag
Tue May 3, 2011
Jodi Schwarzl answered:
How many bedrooms and baths do you need? Call me 2152757301 or email me jschwarzl@gmail.com.
0 votes 4 answers Share Flag
Sat Mar 19, 2011
Jodi Schwarzl answered:
Sat Mar 26, 2011
John Sacktig answered:
You should do your due diligence and get the comps in the area before just looking to take of f a percentage.

Most short sales are priced already under market value and at the list price may not even be accepted by the bank. Be smart and consult a Realtor that understands the short sale process and ca give you proper comps to make an educated decision. ... more
0 votes 17 answers Share Flag
Tue Mar 15, 2011
Laura Feghali answered:
Hello Joka,
Your total square footage is available in your town hall's public records in the tax assessor's office. Sometimes this data is available on-line if your town has a web site. Any local real estate agent could find out this information for you as well.
Good luck!

Laura Feghali
Prudential Connecticut Realty
... more
0 votes 5 answers Share Flag
Tue Dec 28, 2010
Anna M Brocco answered:
Since opinions are often subjective, and since real estate professionals are prohibited from steering, enticing a buyer to purchase, or not, in specific neighborhoods, consider doing some additional research on your own--if you are concerned about safey, your best source of accurate and up to the minute information is the local police department--consider a visit/call and ask all your questions, hear all there is to hear firsthand. If not too familiar with either area, consider visiting more than once and at different times of day--possibly chat with locals, drive around, look at whatever is important to you, etc., and then make a determination. ... more
0 votes 3 answers Share Flag
Sat Oct 30, 2010
Dp2 answered:
You might not be able to get a conventional loan to buy that property exactly the way that you described. However, you might be able to work with an investor to acquire, rehab, and flip that property to you, and you should be able to get conventional financing for that. ... more
0 votes 1 answer Share Flag
Thu May 3, 2012
Elisa Dewees answered:
Hi Kurt,
There were 3 sales in the past 6 months for a 3 bedroom home in Chanticleer. Prices ranged from $240-245. So it IS possible to obtain the price you desire.
When we give price opinions as Realtors, we need to see the place in person to see condition, etc. before determining what fair market value would be.
I live nearby in Cherry Hill and would be happy to provide you with a more detailed analysis when you are ready.
I have linked the most recent sales for you to review.
... more
0 votes 15 answers Share Flag
Sun Feb 10, 2013
Nancy Schumacher answered:
There are only 3 homes in that price range on the market right now. The average length of time is 4 months. One has recently sold in the 800s and was on the market a brief time. Quality vs Value.
The signs are pointing toward a good spring with prices (that have been flat fora couple of years), finally beginning to appreciate. It will be a long slow recovery, but, barring un-forseen mortgage issues, etc. it appears that recovery has begun. Anticipate prices to increase as demand heats up.
... more
0 votes 1 answer Share Flag
Sun Sep 19, 2010
Ines De La Cruz answered:
Hello Sandy,
Thanks for your question. I did not get what home you are looking at. Please specify to be able to answer you.
Regards,
Ines
0 votes 2 answers Share Flag
Sun Aug 22, 2010
Pat & Steve Pribisko answered:
Your situation is complex. You need to consult with a local attorney who handles residential real estate matters, including landlord/tenant matters.
0 votes 3 answers Share Flag
Wed Aug 17, 2016
Robin Silverberg answered:
Ask the other to buy them out. Is this a house you inherited? If so, consult an attorney to get legal advice. However want to buy the other out can mortgage the property to pay out the co-heir and it is considered a rate/term refinance. ... more
0 votes 14 answers Share Flag
Thu Jun 15, 2017
Patrick Thies answered:
I'm sure Rockinblu will be along sometime to answer, but in the mean time try this blog. It's a little lengthy but full of great FSBO information.
0 votes 39 answers Share Flag
Wed Jul 21, 2010
Jerry Barker answered:
Call 1-800-NJ-HOUSE or visit the website :http://www.state.nj.us/dca/hmfa/consu/buyers/close/live.html

A good mortgage broker or real estate agent may also be able to provide you more assistance on it as well so dont be afraid to hire yourself a buyers agent if your interested in purchasing a property. This article breifly explains some of the benefits to hiring a Realtor: http://buyingsellingahome.suite101.com/article.cfm/two-reasons-home-buyers-should-always-hire-their-own-realtor ... more
0 votes 2 answers Share Flag
Thu Jun 3, 2010
Elisa Dewees answered:
Hi Rio,
see link below which details the requirements, including links to homes that qualify. I do not believe Cherry Hill and Voorhees have any homes that qualify, here is a link to the cities that do:
http://hud1.towerauction.net/e10/results/NJ.htm
... more
0 votes 5 answers Share Flag
Mon May 17, 2010
Randi Lubenow answered:
The house does have to appraise for the sales price. If it appraises for less, you can try to renegotiate or if you really want the house, you might consider paying the difference if it is realistic. ... more
0 votes 10 answers Share Flag
Fri May 25, 2012
Anna M Brocco answered:
Any local agent can help you--but if you are considering a short sale purchase, do keep in mind the seller(s) can accept any offer(s) he she wants, but the lender is the one who decides to accept, reject or at times counter offer--therefore don't rule out traditional sales, sometimes they may even be a better bargain. ... more
0 votes 5 answers Share Flag
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