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08402 : Real Estate Advice

  • All10
  • Local Info0
  • Home Buying2
  • Home Selling2
  • Market Conditions1

Activity 9
Wed Dec 12, 2012
Carla Pennington answered:
I'm not sure how it works where you are, but Realtors here typically collect the application fee(s) and security deposit with the submission of the application. The application fee covers the background and credit checks, and have to be paid for that report to be run. We usually keep the security deposit (or the listing agent does) until the application has been approved. The security deposit is cashed when the lease has been signed by both parties. The first month's rent is due prior to move in.

Did you sign an approved lease, or is it just the application?
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0 votes 2 answers Share Flag
Mon Jun 18, 2012
Judi Cohen answered:
The average cost for new construction would start at $150 per square ft.
0 votes 1 answer Share Flag
Thu May 10, 2012
Judi Wolfson answered:
The rate on the money that he is holding is "negotiable". This is what needs to be negotiated between him and you. Does he have a Realtor? Do you have anyone representing you? It is really best to have someone else negotiate for you. A Realtor would be best, since a Realtor from Margate knows the area, and can show the seller "comps" of other sold properties to help you get the best price, as well as informing the Seller of various terms and rates that would be available to you without the seller holding money. As far as getting a mortgage for $200... this means that the seller would have to take 2nd place behind the mortgage company. Is he willing to do that? Don't be surprised if he wants to be in first place and expects you to not have any other mortgage ahead of his. There are other ways to come up with the $200,000. If you want to have a Realtor represent you, give me a call and I'd be glad to discuss this situation with you and represent you in this transaction. You can reach me at 800-339-JUDI (5834). Best of luck to you. ... more
0 votes 7 answers Share Flag
Tue Apr 30, 2013
Anthony Marotta answered:
the traditional cost is $1000 per linear foot.... if it is a larger project, i.e. 75+ linear feet you might be able to get $800-$900!!
0 votes 1 answer Share Flag
Tue Apr 23, 2013
Don Maclary answered:
Great deals on homes and interest rates are everywhere right now, Find a good agent and go get one.
if you need help go to and send me an email I will put you in contact with an agent. ... more
0 votes 11 answers Share Flag
Wed Nov 10, 2010
David Read answered:
There are a few factors that come into play when determining the closing costs.
What is the commission rate?
The transfer tax is determined by the sale price and your age. Are you over 62? if so, you will get a lower transfer rate.
If you are considering selling your home, I would be happy to sit and talk with you about what I can do to market it effectively for you.
Please call me at 609-870-0066

David W.Read
Weichert, Realtors
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0 votes 8 answers Share Flag
Sat Sep 25, 2010
Mary Renfro answered:
Normally a realtor can show you the property. Look in your local MLS and see if property is listed!
0 votes 6 answers Share Flag
Mon Nov 17, 2014
Ines De La Cruz answered:
Thanks for your question.
Feel free to use my website at your leisure. You can easily put Margate and see all the properties available and choose what you like. I have a great referral network there.
Call or email me at your convenience.
Good luck in your search.
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0 votes 8 answers Share Flag
Tue Dec 28, 2010
Laura Giannotta answered:
Since June, 2008 10 units have sold and 3 are currently under contract. Here they are:

There are 31 still on the market at the Ritz ranging in price from $130,000 to $850,000.
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0 votes 1 answer Share Flag
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