Egg Harbor Township is a huge township with many different sections and developments. You asked the two questions that realtors are really not suppose to answer because it could be considered steering--schools and crime--but i can provide you with links to the local school report and the police websites for the area:
Hope that helps, Kim E. Hanadel, Kim@ibayshore.com... more
Now is the best time to buy. Of course there is the $8,000 incentive for first time home buyers. There is also a $20,000 grant for down payment and closing costs in Atlantic County and lots of inventory. Another great reason to buy now is that interest rates are at historic lows. And rates will be going up. So for every percent that rates go up that is a 10% decrease in the price of the home that you can afford.
Please contact me. I would like to meet with you and further educate you on the opportunities in the market and answer any questions you may have. Please contact me at 609-338-3773.
EHT is a large twp so depending where you are looking could be the significant difference of what is avail. The amount of inventory that is avail has been decreasing. Short sale driven inventory areas may cause some inventory glut where some people may over extended or got into some trouble. Sometimes you go into an area where there is a yard sale of "for sale" signs. Again usually a problem where short sales are evident with some bank owned that may cause some panic selling. If you like an area make sure you have your agent do an analysis of the market area. Do some home work of your own,. It's not difficult to see what the homes are selling for in an area. And if homes are not selling, that could be an opportunity for you or something you may want to stay away from.
If I can help just contact me.
text/email/call 7 days... more
Have you asked for a list of comparable homes that have sold recently, and checked the days on the market. I understand your frustration, but homes are sitting a little bit longer.
You might also contact the Broker and agents, give them a time frame to work out the kinks. If you are still unhappy with their representation, ask for an unconditional withdrawal and find an agent (through those sold listings) that you feel can get your home sold in the shortest time.
Keller Williams Realty - Atlantic Shore
I do not believe there is a LAW. There are guidelines though.
We just had a meeting with a banker today about this very thing TODAY. There are stipulations on how long a file sits on the mortgage loan officers desk before it moves on to processing. Then it can sit in processing for 45 days, then your loan can get caught up in what we refer to as the vortex of doom. Your file can go back and forth from your loan officer to processing until ALL the documents that are needed are forwarded on to processing. The processors have this horrible knack of going thru your file and when they find a piece that is missing, they send it back to your officer who retrieves this little piece of information or large piece. The problem is that the processor doesn't continue thru the file to find all the missing pieces at once.
We thought it was just a stall tactic by the bank. But, really it is just BLANK poor training. (pardon my french). I don't think there is any law. But I can tell you. Your loan officer whoever it is, is probably doing their job, it is getting caught up behind the lines, and unfortunately the front line person is getting all the flack. The discussion has come up with the banks because of loans taking so long to close for them to actually have a 90 day lock. We'll see if the banks follow thru on this. Hang in there.... more
You can try to do this privately by searching out rentals in the classifieds or on Craiglists. Or you can have a Realtor like myself assist you in the process. I will say a rent to own lease is a little more complicated than a standard lease. Becareful! Sometimes there are clauses included that will not be in your best interests. Alot of times people rent to own because there is an issue with their credit. Remember most landlords who rent homes are also concerned about credit issues as well. I do not know if this is the case for you but the advice is for the community. Feel free to call me anytime to discuss your goals. Information is free.