Did you have CONTINGENCIES for the Inspections?
This is done to give you an "OUT" in the event of something catastrophic.
Do you have Arbitration/Mediation?
Probably not, if you are working with Lawyers.
When you say bulk, are you referring to a real estate portfolio from an investor or are you referring to commercial sites such as stripmalls or office buildings. Something you can get a return on your investment?
Hillsborough N.J.... more
im in the same boat right now...our house burnt down and we lost everything...its becoming more and more stressful tryn to find something that we can live in for sale on contract...i googled it and a whole bunch of stuff popped up...good luck to u i hope urs is better then ours right now :)... more
Yes. Typically, that is referred to as a right of first refusal situation. Because the buyer can't buy the home until the buyer's home is sold, rather than a seller taking their home off the market for a contingent deal, it is left active. If another non home sale contingency buyer comes along, than the original buyer has a right to waive the contingency and move forward, or let it go to the other buyer. Some details are usually structured by the attorneys, but that is essentially what happens. Hope that helps.... more
It depends on the type of neighborhood and school and the way the way the home's location is perceived. Everyone is different and that is why homes in all locations sell. Sometimes, added traffic/loitering can be an adverse condition of living near a school. Some people may like the convenience. Without knowing this home or where it is, I would say to go with your gut feeling and by advisement of your Realtor. If you like the home, chances are that others will down the road also. When homes are tough to sell, they typically sell as a result of a price that is low enough that a buyer will compromise. If that is not the case here(the home is getting many showings) then you should be fine. Hope that helps.... more
Well, there are easily 2 dozen different subdivisions and communities within Hillsborough, which overall is a pretty desirable town. Trying to keep opinions out of it and looking strictly at data...The average days on market is only 70 days which is pretty good. Somerset County is the second wealthiest county in NJ and top 5 Nationwide which means not only good press but high desirability as well. Without question, the most desirable of the areas is Country Classics. That section sold the most homes within the past year by double almost any other section. Homes there are in the 500's to 700's. They also sell relatively quickly, many faster than average. Hillsborough Chase is popular on the high end. Some others that sell well are: Woodfield Estates, Rohill Estates, and Crestmont Hills. Hope that helps.... more
For whom? I actually believe in the importance of an outlined professional relationship based on properly expressed expectations. If a buyer properly interviews and screens multiple agents to find the best one and does as just described, I believe the client will have an excellent result. For the same reasons you wouldn't hire multiple attorneys to be involved with your real estate transaction, multiple agents will not produce better results. In fact, it might lead to significant procurement issues if multiple agents are showing a buyers the same home and all are working in good faith. I believe in a committed professional relationship that is highly focused on an agreed upon result.Under that circumstance, I have seen the best results achieved for buyers.... more
Hi VPat, my name is Jeanne Feenick and I am a full time agent with Weichert Realtors' Warren Township office located in Somerset County. I would be honored to assist you - I just sent you an email and look forward to hearing back from you.
"Unwavering Commitment to Service"
Find success at www.feenick.com... more
If you still have a home-sale contingency on your purchase, the seller's agent should have marked it A+ with a notation in the remarks that they are under contract but are still showing. If they receive an offer while you still have your home sale contingency, you will have the option to drop the contingency at that time to keep the contract going and get it officially UC. So technically it is still available as long as everyone has agreed that they will continue to show the property. This should have been explained during attorney review. If you don't like this, then you will either need to drop the contingency or hope that another doesn't come in that's better than yours. I'm assuming that your offer on your home is not contingent on any sale? If it is, then you have the same rights - The Sellers agent works for the seller and has a fiduciary responsibility to get that home sold. If there is any chance that you won't be buying it (contingency) then they need to continue to market it until all the risks are gone. Hope this helps :)
Keller Williams Towne Square Realty
specializing in warren new jersey real estate and surrounding areas... more
If you are represented by a Realtor, I would rely on them to run suitable comps for the property you are interested in, and make a decision from there. If you are not, I would be happy to provide this with no obligation. Feel free to contact me at 908-334-8564 or email firstname.lastname@example.org Good Luck!!
Well - here's your problem. Your agent shouldn't be calling the bank if it is a short sale. The seller in a short sale is NOT a bank. If the seller is a bank, it is an REO, also known as a bank owned or post foreclosure property. You need to know what you're dealing with; and you need an agent that both knows the difference and can explain the differences to you.... more
That's because this property is now under contract. If you are looking to purchase in the Hillsborough area, let me know. I would happy to find you a home! You can e-mail me at: email@example.com