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Home Buying in Cranford : Real Estate Advice

  • All54
  • Local Info12
  • Home Buying23
  • Home Selling1
  • Market Conditions2

Activity 13
Sun Jan 13, 2013
Scott Godzyk answered:
It is said that on average 1 in 10 homes nationally. Preforeclosure can be as little as 30 days late though, most bring their payments current or work something out.. Preforeclosure entails anyone in default ... more
0 votes 5 answers Share Flag
Tue Sep 16, 2014
Debra (Debbie) Rose answered:
Well, the only way to find out if 350 is too low, is to make the offer and see what the seller says!

it doesn't really matter what anyone here thinks......and really, no one here can have an opinion on a house they know nothing about!

It sounds as though you are not working with an agent - otherwise, they could give you a sense of market conditions and recent closed sales. Armed with that information - YOU, yourself, could make an informed decision on this home's value.

When all is said and done...... you are the best judge as to what the house is worth (to you)......along with the appraiser when the time comes!

Best wishes......have a continued happy holiday season!
... more
0 votes 10 answers Share Flag
Mon Dec 10, 2012
Trotter456 answered:
More info. Looking for a min 3 bd 2 bath. Suburban home. Similar demographics to Smithtown ny 11787
0 votes 8 answers Share Flag
Fri Sep 28, 2012
Autumn Urling answered:
Make sure you double check in addition, to the amount of flood insurance would be. It could be very expensive. Have your agent assist. If you need further assistance please contact me. Or if you
need to get pre approved call First Prestige Mortgage Services, Inc 973-744-8300
... more
0 votes 4 answers Share Flag
Mon Jun 4, 2012
Lorena Barbosa answered:
Hi Yi,
Not sure which home you are referring to. The best person to help you find out is a realtor with whom you may be working. He/She can find out the answers to many questions that may help find out if there have been issues with water. Some questions can be answered by the participating listing broker who has information from the owner's themselves, some from the town, and some from a home inspector. This is a brief explanation and I hope you find it helpful - should you need more detail, I 'd be happy to provide.
Best to you in your home search!

Lorena Barbosa
Broker/Owner
David Realty Group
530 South Ave. W
Westfield, NJ 07090
lorena@davidrealtygroup.com
201-638-6528
... more
0 votes 5 answers Share Flag
Mon Mar 1, 2010
Brian X. Murphy answered:
Listing agents will SELL you the house, buyer agents will help you BUY it. That subtle difference has to do with loyalty. Listing agents represent the seller, buyer agents represent the buyer. Loyalty and fiduciary duty follow accordingly.

Buyer agency should be discussed up front because a good buyer's agent will find the best value on the whole market for their client. A listing agent will only work on that one house and it may or may not be the best value on the whole market.

I'm disturbed by this idea of a "bonus" for in-house sales. I'm sure someone's cutting their commission for the work they've done. If someone's being paid less, do they then care less? Are they just putting the deal together as quickly as possible to maximize their bottom line?

Finally, if they're willing to cut secret deals to "make it happen," what else are they keeping secret?

Without buyer's agency, the buyer is just a customer. With buyer's agency, the buyer becomes your client and, as such, you owe them a higher level of service, your loyalty, and a fiduciary duty that a mere customer may or may not get otherwise.

Brian
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0 votes 5 answers Share Flag
Wed Nov 11, 2009
Erik Farber answered:
Hi Sharon,

I can give you a more definitive answer if I know the specific address you're looking into. As you're obviously aware, large parts of Cranford lie in flood zones, but the flood maps have "grades", and the maps are redrawn by FEMA from time to time.

Warm regards,

Erik Farber
Weichert Realtors
55 Stirling Road
Watchung, NJ 07069

Office:(908) 561-5400
Cell: (973) 420-1156
Fax: (908) 756-5523

I invite you to view my website, www.erikfarber.com for all of your real estate needs.
... more
0 votes 8 answers Share Flag
Sat May 30, 2009
Erik Farber answered:
Hi Lou... perhaps I can help you more if you tell me the address of the house if you have it. It would be my pleasure to assist you.

Warm regards,

Erik Farber
Weichert Realtors
55 Stirling Road
Watchung, NJ 07069

Office:(908) 561-5400
Cell: (973) 420-1156
Fax: (908) 756-5523

emfarber@gmail.com

www.erikfarber.com
... more
0 votes 4 answers Share Flag
Sat Mar 19, 2011
Jeanne Feenick answered:
Hi Howard, Yes, the lines you've indentified are all good. In terms of communities along those lines, much will depend on your budget. I'm activity engaged with several buyers looking along these same lines and so very familiar with the inventory. There are some great homes available, and those that are well kept and properly priced are moving quickly. Both Westfield and Summit have the appeal of an urban/suburban downtown with much to offer in addition to commuting ease - great dining, shopping, and cultural activites. There are some great communities that hug the train lines and I'd be honored to explore them with you.

You can reach me via Trulia or find me at www.feenick.com Pass along more specfics on your budget and requirements and I'll send you a sampling of what is availabe in these various communities. You'll find searching capabilities, transportation info, and school links on my website as well - I encourage you to visit.

Best,
Jeannie Feenick
Search and connect at www.feenick.com
... more
0 votes 7 answers Share Flag
Mon Jun 8, 2009
Tomasz Mucha answered:
I have good experience with attorney in Linden NJ
If you are interested please call me
Broker/ Associate
Tomasz Mucha
Cell # 848-218-0621
0 votes 2 answers Share Flag
Mon Jun 8, 2009
Kenneth Verbeyst answered:
If you arent out of review yet have an appraisal clause added. (your attorney and agent should have suggested this in my opinion as it is a fairly common concern.) The bank comitment could require it and give you leverage though. ... more
0 votes 13 answers Share Flag
Wed May 14, 2008
Diane Glander answered:
I am not an attorney, but the way it is supposed to work (as I understand it) is that until a letter has been sent to the buyers' attorney, you are still "under contract" in NJ and the property cannot be listed as active (put back on the MLS) until then.

There is a clause in your contract (if you have a standard NJAR contract) that states how inspection issues are to be handled. Usually attorneys will put a limit on the dollar amount either party will be responsible for. Anything above and beyond is negotiable. If neither party can agree on the excess, the contract can be cancelled without any legal ramification. Check your contract to find out what your responsibilities are and consult your attorney for clarification.
... more
0 votes 12 answers Share Flag
Sat May 31, 2008
Marc Paolella answered:
Hi Tlpc,

This is exactly why you never want to work with a dual agent. You are required to sign a document in which you explicitly give permission for dual agency representation. I would not sign it. I would ask the sellers agent to refer you to another company to handle your negotiation. Just tell them you do not want to be in a dual agency. They will understand completely and refer you to another company. They will still get a referral fee and a single commission, which should be enough for any agent. You will then have your own independent representation and the whole deal will be much cleaner. DUAL AGENCY=BAD. ... more
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