Home Buying in Lavallette : Real Estate Advice

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Valentina Ga…, Real Estate Pro in sea girt, NJ
Valentina Gabela answered:
will all home purchases now have to be raised? will insurance be costly ?

If the zone was changed to more severe flood zone and the base elevation is not at that height then the insurance will rise unless you raise the home.

Almost all homes in the U ... more
0 votes Share Flag Fri Jan 3, 2014 Home Buying in Lavallette
Annette Levi…, Other/Just Looking in New York, NY
Annette Levinson answered:
looking to purchase foreclosure or not in Lavallette or nearby. How will this affect my homeownsrs insurance post Sany. Is thi a good time to buy?
A foreclosure will not affect you homeowners insurance cost. If the house is in a flood area you will be required to get flood insurance for a mortgage.
0 votes Share Flag Thu Mar 21, 2013 Home Buying in Lavallette
Chris Lyon, Real Estate Pro in Venice, FL
Chris Lyon answered:
Can one get a mortgage on leased land properties? How much is a land lease?

In today's restricted financing market it may be hard to find a lender that would be willing to lend on a leasehold property. You may want to check with your local banks if ... more
0 votes Share Flag Thu Jun 3, 2010 Home Buying in Lavallette
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
Got a real estate question? Get answers from locals, experts and real estate pros.

You can get a mortgage for properties on leased land.

Two examples: A lot of property in Baltimore has annual land leases. The amounts are usually quite small--a few hundred ... more
0 votes Share Flag Thu Jun 3, 2010 Home Buying in Lavallette
Fred Griffin,  in Tallahassee, FL
Fred Griffin answered:
Why aren't realtors pricing homes for todays market? They price them high and then have to go back and reduce
Many Real Estate Agents just want to "get the Listing".

It may be unethical, ignorant, or just poor business practice to take over-priced Listings.

------------------------------- ... more
0 votes Share Flag Sun May 5, 2013 Home Buying in 08735
NonRealtor, Other/Just Looking in 23456
NonRealtor answered:
Why is it that when I look at the price of a home in NJ as an investment, the potential rent(s) from the?
Houses are not generally good investments (unless you timed the bubble pretty good). It was certainly the worst investment for the 22 million people that bought at peak prices. About ... more
0 votes Share Flag Wed Jul 9, 2008 Home Buying in 08735
ian cockburn, Real Estate Pro in New Orleans, LA
ian cockburn answered:
does anyone know what companies are still writing homeowners for a barrier island house?
Try Lloyds of London..it may depend on whether the house is valued at over $500K.
0 votes Share Flag Tue Nov 13, 2007 Home Buying in 08735
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