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Maplewood : Real Estate Advice

  • All48
  • Local Info2
  • Home Buying23
  • Home Selling1
  • Market Conditions0

Activity 21
Thu Feb 28, 2013
Allison Ziefert answered:
Usually in our marketplace the commission is one month's rent payable by the Tenant. This is split between the listing agent and tenant's agent. This appears to be the case with Pierson as well, although commission are always negotiable. ... more
0 votes 6 answers Share Flag
Sun Oct 6, 2013
Laquita Baez answered:
Hi Goofer, when I represent my clients, my goals are to take make sure their best interests are taken care of in the transaction, meaning my duties are soley to my client- whether be the buyer or the seller. If you feel you may benefit from buyer representation, feel free to interview me for the job!

Laquita Baez
Licensed Realtor in NJ and GA
Weichert Realtors
973.687.7095
... more
0 votes 9 answers Share Flag
Thu Jan 17, 2013
Maria Morrison Heningburg answered:
Hi Kang,
The commute depends on which train you take but it can be as quick as 30 mins.
Here is the schedule link for tomorrow's commute to NYC:
http://www.njtransit.com/sf/sf_servlet.srv?hdnPageAction=TrainSchedulesFrom

There are many wonderful agents that live here in Maplewood. While my office is in Livingston, Maplewood is my adopted hometown. I have resided here since 1990 and have been a licensed agent since 1999. Maplewood is a wonderful town and I would love to share my local knowledge and expertise with you.

Best Regards,
Maria
... more
0 votes 6 answers Share Flag
Sat Aug 17, 2013
Shane Milne answered:
It means apply, FHA always goes by the application date. To get your closing as close to the 3-year mark as possible, you can become pre-approved ahead of time though, and just re-apply at the time your offer is accepted. The loan officer can just retain all of the previously submitted your documents, and just start up a new application and re-check credit.

Shane Milne | Lending in all 50 states | NMLS #81195
... more
0 votes 9 answers Share Flag
Wed May 29, 2013
Jonathan Citron answered:
Whereas in New Jersey and the Garden State Multiple Listing Service, T means Temporarily Withdrawn. The listing will, most likely, be back on market for sale within a brief period of time. There is generally a reason for this and the listing agent would know why. This should answer your question.
Have a great day!
Jonathan
jonathancitron@kw.com
973 727 7095
... more
0 votes 5 answers Share Flag
Fri Sep 7, 2012
Tracy Freeman answered:
Maplecrest Park in Maplewood, NJ?
0 votes 5 answers Share Flag
Wed May 29, 2013
Don Ernle answered:
Buying a property using cash is always the quickest and lowest cost to ownership. Financing will allow the interest deduction if you need it. Cash is King!
0 votes 11 answers Share Flag
Mon Feb 13, 2012
Bill Eckler answered:
Bilen,

The US government actually encourages foreign nationals investment in residential homes by placing limited restrictions on them. This however, does not change your residence status or visitation priveledges.

Unless there are unusual circumstances, you should be able to purchase property in the US without any problems. When selling, FIRPTA guidelines require that a percentage of the property sale price be withheld until all debts associated with your ownership has been resolved.

Hope this is helpful.

Bill
... more
0 votes 5 answers Share Flag
Tue Aug 21, 2012
Abu Musa answered:
You may visit www.homefacts.com .Also you may call local police station.Thank you.
0 votes 10 answers Share Flag
Tue Jan 22, 2013
Mark Slade answered:
I have read and even written some articles on just such a topic. The key factors are as follows:
1. are they knowledgeable about the area in which you are planning to purchase your home? neighborhoods, values, schools, parks, commuting, shopping, etc.
2. do they actually listen to you? when you hire an agent, you are hiring someone (you don't pay for their services as the seller's agent takes care of this compensation) to work for YOU! that means they are supposed to provide you will advice, and impart their knowledge and wisdom, but when it boils down to it, if you ask them to put in an offer of $XXX, then that is the offer they are putting in for you and have to provide you and the seller's agent the right framing of your offer so that you can continue the dialog is that is in the cards.
3. If you are considering homes that might need some work or updating, does your agent have any such knowledge to help you in advance of making an offer and having a home inspection? I have attended Harvard's Graduate School of Design for a summer program in architecture and also Parson's for Interior Design and find that these skills can very helpful when checking out homes.
4. RESPONSIVENESS: let's face it, in this 24/7 instant messanging society, if you are looking for almost instant access and quick response, then you need to know if your agent is compatible with such a request; in other words, you probably want a full time agent rather than a part=time agent.
5. Lastly, while so many buyers think the agent's role is to help find them a home, which is also done on the internet by the buyer, the real role is to be a "team" to assist with mortgage pre-approvals, home inspections, real estate legal assistance and excellent project management so that your planned purchase proceeds as intended.
If you would like to learn more, or interview me, please feel free to call me at 917.797.5059
... more
0 votes 14 answers Share Flag
Thu Apr 7, 2011
Ibrahim Hughes answered:
Hi Rob:

Currently investors and those who sell properties during the "normal course of business" are generally exempt from having to complete this form prior to the sale.

Personally, I think if the state is going to mandate that this form be completed, they should be able to accomodate a 7 day turn around. Many investors find themselves in situations where they need to purchase and close on a property within 14 days. However, the standard turn around time for the state to return the necessary paperwork that allows an investor to close is about 3-4 weeks.

Hopefully they'll get this worked out and cut down the turn around time.
... more
0 votes 1 answer Share Flag
Wed Nov 16, 2011
Jerry Barker answered:
UC means under contract, are you sure it said US?
0 votes 6 answers Share Flag
Thu Mar 3, 2011
Bill Eckler answered:
Mark,

Any decrease in the asking price is likely to generate additional interest....whether or not it's enough to attract serious activity is another story.

We are more inclined to consider pricing threshholds than the percentage reduction...all though both are good! It's very important for sellers to be aware of the median price for their location relative to their home.

Price plateaus are important as well because most buyers have an established top number. These top numbers are generally not numbers like $735,000, $775,000, or $715,000 but numbers such as $700,000, $750,000, or $800,000. Pricing a home at $745,000 will likely eliminate the buyer with the maximum limit of $700,000.

Intentional or not, the asking price can communicate a message to the buyer....something that all buyers should be aware....For example, a home with a price of $735,000 may be percieved by the buyer as the seller having no interest in dropping their price under $700,000.

My message is that sellers need to be aware that buyers can connect the dots when it comes to communication via numbers.

Respectfully,

Bill
... more
0 votes 11 answers Share Flag
Thu Mar 3, 2011
Marc Paolella answered:
Hi Amy,

Unfortunately it would be considered "steering" for an agent to answer this question. Which is an illegal activity. Google "real estate steering" for more information. So you are likely to get a bunch of rather evasive responses to this question, along with the inevitable solicitation for your business.

Your best bet is to evaluate the areas yourself by visiting and interviewing potential neighbors. You should also interview and select a local Realtor to help guide you in selecting a home. Since you have narrowed your search to these two areas, you should use an agent who is located in one of the two towns in which you have interest. And one who has 10 plus years of experience. Remember that real estate is a tough business and most agents come and go within 2 years. So make sure you interview potential candidates and verify that they are veterans who have made the cut.

Good luck!

-Marc

Marc Paolella
Relocation Director/Appraiser
Century 21 Joe Tekula Realtors
Phone (direct): (973) 584-4235
Coolest map-based home search: www.marcpaolella.com
... more
0 votes 6 answers Share Flag
Fri Jan 14, 2011
Dan Chase answered:
www.realtor.com it shows about the same mls as the realtors use.

I also like www.unitedcountry.com just because it allows you to search by the whole country, a region, state, or their office locations. I can input I want 80 acres with 3 bedrooms for under $200k and find one somewhere in this country.

If realtor.com would change their interface from being flash based with all kinds of moving pictures and ads it would be a huge improvement. I now only use it for daily updates. I wish realtor.com would also allow a search by state or other area beyond just a city area.
... more
0 votes 11 answers Share Flag
Thu Oct 10, 2013
Robin Silverberg answered:
The only thing you can do is figure out the amount you can qualify for, the monthly payment that you feel comfortable with. and know that your purchase price will vary depending on taxes. In addition, there are areas of NJ that are in flood zones, so you may have to consider including flood insurance in your monthly payment as well. The variation on interest rates will most likely not make that much of a difference. I prefer to qualify people based on a higher interest rate just to be on the safe side. I also don't like to low ball the cost of homeowner's insurance to make my Good Faith Estimate look lower, because ultimately you need to qualify based on what is realistic. These are some of the reasons why you need a loan officer who will spend the time to go over all these variable with you, so that you can feel comfortable when you are looking. Give me a call JF and we can talk about it.\

Robin Silverberg
516-972-1687
... more
0 votes 17 answers Share Flag
Fri Jan 14, 2011
Dallas Texas answered:
GREAT QUESTION, it does not take a talented agent to work with foreclosures/ pre-foreclosures, short sales, it is the banks who cause the drama not the listing / buyers agent. Find an agent that work around your professional and personal lifestyle, who can locate properties which match you specifications, area, and etc. The only factor agent who can "comp properties" determine what the true value of a home is worth.

You need to be approved by a lender prior to working with an agent that letter guides the agent on how to work on your behalf. You are only as good as the information you provide an agent, know exactly what you are searching for.
... more
0 votes 7 answers Share Flag
Mon Sep 3, 2012
Joan Prout answered:
Hi Marie,

I suggest you contact Randy Rabney at RE/MAX Village Square. 149 Maplewood Ave., Maplewood, NJ 07040
973-378-5508. email:RRabney@remax.net. I'm sure she'll be able to help you. (she'll know about the permit cost at the station too.)

Tell her I sent you.

Joan Prout, MBA
Broker Associate
RE/MAX Villa REALTORS
306 Grove Street
Jersey City, NJ 07302
201-946-2700 x310
800-671-0596 x1 (direct)
Joan@JoanProut.com
... more
0 votes 20 answers Share Flag
Sun Jun 7, 2009
Joanne Strutzel answered:
An agent will help you to determine what the true market value is and what to offer. If you are a first time buyer you should know that there are certain risks with purchasing a foreclosure property. (You need to have 20% down payment up front when you make the offer when buying at a sheriff's sale). Often foreclosures are listed the same as any other home for sale- in the multiple listing system but you can tell the home is a foreclosure because the notes will say "bank owned" and under the owner's name you will see the name of a bank. Would you like to give me a call? I would be happy to discuss with you and answer any questions you have!
(908) 377-7942.
... more
0 votes 8 answers Share Flag
Sat Jan 15, 2011
Larry Story answered:
Market it for the buyers that maybe have their own home based business. There are plenty of people out there in today's market that work out of their home. Have your agent check some of the sites that have professional's working out of their homes and post on those sites. Target marketing, once you identify the target then go and market it. ... more
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