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Home Buying in 08002 : Real Estate Advice

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

Activity 52
Wed May 21, 2014
Elisa Dewees answered:
The main difficulty with mobile homes is that they are considered a motor vehicle, not a "house". Therefore, you cannot obtain a mortgage. You need to find alternative financing, just as you would for the car you drive. This makes MH more challenging to purchase and therefore resell.

Check a little bit more into financing the MH and also the $20. A month fee, that sounds very cheap. Most of the MH parks charge a few hundred, that's how the owners who own the land make money.
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0 votes 6 answers Share Flag
Fri Feb 15, 2013
Elisa Dewees answered:
If you are talking about Park Place, the prices vary from mid $200's to high $300's. Adding on upgrades can bring the price way up. There is a mix of condos and townhomes. The project is not yet complete. They are building but you can see there is still undeveloped empty land. They are in a more city-like atmosphere, walkable to restauarnats and shopping if that is what you like.

Buying a new home...the appeal is that it is new. Plan on staying awhile, reselling before the place is complete, you would be competing with new homes. That is never a good thing. Time will tell how well these will sell in the future.

The new townhomes do seem to be selling well as many do love NEW!
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0 votes 3 answers Share Flag
Thu May 21, 2015
R. Eric Axelson answered:
Hi Kenji, I answered a question of yours before. No, I do not recommend waiting any longer. Now is the time to buy. The prices are not going to go any lower and the interest rates will not either. In fact they may rise a little in a week or so. Is there a reason you have not contacted me?

Eric Axelson, Associate Broker
Kurfiss Sotheby's International Realty
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0 votes 8 answers Share Flag
Sat Mar 30, 2013
Marge Bennett answered:
are you the buyer or the seller? Ask your agent why they are reluctant to work with short sales. If you are a buyer, it may help you decide if you want to deal with them. I just had a lender say they wanted the seller to sign a deed in lieu, that they would not approve a short sale. They can be aggravating for all concerned. ... more
0 votes 10 answers Share Flag
Wed Jan 30, 2013
Ron Thomas answered:
How would you know this?
The Banks are not talking.
Or are you trying to get the ball rolling?
0 votes 5 answers Share Flag
Tue Jun 25, 2013
Jamie Russen answered:
I've done some looking around and it does not appear that The Barclay Towers accepts section 8. Here is a link that I found that is a good tool when looking for Section 8:

Hope this helps!
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0 votes 1 answer Share Flag
Thu Jan 3, 2013
Keith Jean-Pierre answered:
The lot size on this property is 35,719 sq ft which is just over 3/4 of an acre. Hope this helps! Best of luck!
0 votes 1 answer Share Flag
Wed Dec 12, 2012
Elisa Dewees answered:
Sun Dec 16, 2012
Steven Tamburello answered:
Just like the listing says. "Huge, you got it."
I'm not going to sugar coat it. Taxes are high in NJ. But gas is cheap. :). I moved to NJ from NY about 10 years ago. Taxes are worse in NY. Just the honest truth for you. ... more
0 votes 11 answers Share Flag
Fri Dec 7, 2012
Charisse M. Penalver answered:

During a recent workshop, a lender advised for VA and FHA loans, you need to wait 2 years and must have re-established credit. For USDA loans, it's a 3-year wait and also requires re-established credit.

Please feel free to contact me and I can refer you to several lenders who would gladly review your situation.
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0 votes 4 answers Share Flag
Tue Nov 20, 2012
Chad Barris answered:
No one has a crystal ball. If you are looking for the most competive programs, I would the opportunity to help you. If the numbers makes sense, thats the most improtant thing. If you are looking to buy and sell, you can play the stoc market as well ... more
0 votes 7 answers Share Flag
Fri Jun 14, 2013
Dan Sukhia CRS, GRI answered:
Hi Punda:

There is no problem to obtain a loan as a non-immigrant. Any green card holder can get a loan and in fact with your H1B visa you can also get a loan. Of course it would be prudent to gate your green card prior to buying a home. Dan Sukhia ... more
0 votes 3 answers Share Flag
Fri Oct 19, 2012
Alain Picard answered:
I would definitely suggest that you and the current owner use your own Real Estate agents. There is just so much that is involved with the purchase of a home it is almost always a good idea to have the expertise of an agent to help with the sale. I hear it all the time when a seller and buyer do this on their own someone ends up not being happy with the results in the end. ... more
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Wed Dec 26, 2012
Albert Rapoport answered:
I can offer 95% non FHA financing on a condo. If interested, call me on 201-604-3485.

Al Rapoport
0 votes 15 answers Share Flag
Sat Oct 20, 2012
Dale Susan Semler answered:
The mortgage rates are still so low, now would be the perfect time to buy a larger home. I would be glad to help you find a larger home and can also assist you in preparing your current home to be listed. I specialize in Cherry Hill real estate and the surrounding areas.
Thank you
Dale Semler
856 816-1510
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0 votes 8 answers Share Flag
Mon Aug 6, 2012
Dale Susan Semler answered:
Hi Jacqueline,
The Cherry Run section of Cherry Hill is one of the many fine Cherry Hill East developments. This development offers Cherry Hill East schools, close proximity to RT 73, RT 70 and Evesham Road. It is very close to the Marlton border and close to a lot of great shopping, and houses of Worship.
If you need assistance looking for a home in this area or any other areas in South Jersey, I would be glad to help.
Thank you
Weichert Realtors
856 816-1510
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0 votes 4 answers Share Flag
Tue Jul 31, 2012
Michael Emery answered:
There has been many companies that folded during the housing recession (through no fault of their own or question of their work). Personally, I would make the decision to either go forward or walk away AFTER I had the home thoroughly and professionally inspected. As it had structural issues I might even have a structural engineer inspect the home IF my inspector had ANY doubts of structural integrity. ... more
0 votes 7 answers Share Flag
Thu Oct 18, 2012
Joseph Mancini answered:
Landwatch and loopnet arent bad for land listings. I have a background in land development and have a database of land owners/properties. Email me or call me and let me know what your interested in.

Joe Mancini
AVALAR Atlantic Properties
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0 votes 4 answers Share Flag
Sun Dec 4, 2011
Joseph Mancini answered:
Maybe! Its impossible to say because I'd really like to know more about you and what your wants/needs are before unilaterally recommending any location.... interview some agents and find someone to work with that will be your trusted advisor and then go look at some places. With your own observations and a little advice from your agent you'll know pretty quickly if Cherry Hill (or anyplace, NJ) is "good" for you.

Good luck and give me a call if I can help.

Joseph Mancini
AVALAR Atlantic Properties
mobile: 856.275.6433
fax: 856.879.2024
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0 votes 13 answers Share Flag
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
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