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Mercer County : Real Estate Advice

  • All14
  • Local Info0
  • Home Buying7
  • Home Selling1
  • Market Conditions3

Activity 414
Wed Sep 28, 2011
Mike Sullivan answered:
Sounds like you're in a good position to purchase the short sale. The HEL should save you a little on the closing costs, but as you know creates a lien on your primary home. The bank really does not care too much as to how you come up with the funds, only that you can close on the property! My personal opinion is that the HEL would be more beneficial than the mortgage due to cost differences.....be sure the seller (bank) provides a title insurance policy on the second home. Renting out the apartment is a big plus, particularly with borrowing only $100k ... more
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Fri Mar 30, 2012
Ronald Shaffery answered:
The "smoke cert" is just real estate jargon , it doesn't mean there was a fire. In most towns the smoke cert. is simply going to the township and scheduling for the inspector to make sure the home has the proper smoke detectors,carbon minoxide detector and fire extinguisher. A local FULLTIME agent can research the history of the home for you. I know a good agent in your area, if you would like to contact her, let me know. Good luck on the purchase. ... more
0 votes 3 answers Share Flag
Sat Dec 21, 2013
Tamara Pommells answered:
Rentals there are very rare and the average is $2500 for a 2bedroom 3 bath. It is absolutely worth it for this exclusive community.
0 votes 2 answers Share Flag
Sun Jan 8, 2012
Inna Tinney, (267) 980-3177 answered:
Thu Aug 11, 2011
Drew Cifrodelli answered:
It's Ramadan and you might have been on that end of the development. Was it near the house of worship?
0 votes 1 answer Share Flag
Mon May 13, 2013
Anna M Brocco answered:
If you are currently not working with an agent of your own, consider the idea, he/she will best advise; if paying with a mortgage, keep in mind the lender will also do an appraisal of their own, however if you still wish to have a separate appraisal make sure the seller is aware, and is willing allow the appraiser into the home; if you do have an agent consider a consultation... ... more
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Sun Jun 24, 2012
Jeremy Robinson answered:
Its certainly doable if you're careful. Some hours obviously will be easier than others. The most traffic will be right on Alexander Rd when you're approaching the train station. If a car is completely out of the question then perhaps a bike would be your best bet. Feel free to contact me if you'd like to know more about the homes available right near the train station. I'd be happy to speak further via phone or email. There's quite a bit that I can send you within walking distance to the train (depending how long you'd like to walk). ... more
0 votes 4 answers Share Flag
Tue Jun 4, 2013
Jane Shebroe answered:
I am not an attorney or expert on this subject by any means, but assuming the homeowner is now the bank, and no one else has a legal claim to any percentage of the property, I believe the bank is responsible for the taxes.

Jane
http://www.RealTerrific.com
... more
0 votes 3 answers Share Flag
Tue Feb 7, 2012
Jeanne Feenick answered:
Hi all, if I can drum up enough interest, I will host one in Somerset County - that is right next to Hunterdon and close to Union, Morris, and Middlesex Counties. If intersted let me know and I'll get one scheduled pronto.

A first time buyer seminar is a great way to launch your entry into the home buying process - I'll promise you a framework for understanding the market and a guide to the process and the value of hiring great resources.

Best,
Jeanne Feenick
Unwavering Commitment to Service
... more
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Wed May 16, 2012
Joanne Bernardini answered:
I raised my family in Hamilton Square! We were very happy in the Langtree development. We found the neighborhood and schools to be very good. I recently returned and was pleased to see that it remained a great place to live!
Joanne Bernardini
Sales Associate
Keller Williams Realty
Ocean City, NJ
609-2001321
... more
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Mon Apr 7, 2014
Anjali Goyal answered:
Wed Jun 29, 2011
Shane Milne answered:
http://www.state.nj.us/dca/divisions/dhcr/offices/srap.html - Rental subsidy set aside program
http://www.nj.gov/njhrc/ - NJ Housing Resource Center
http://www.nj.gov/dca/publications/pdf/07programsbook.pdf - NJ Directory of State Housing Programs
http://www.hud.gov/offices/pih/pha/contacts/states/nj.cfm - NJ Public Housing Administrator list
http://www.state.nj.us/dca/hmfa/biz/devel/lowinc/ - low income housing credits
http://www.nj.gov/counties/mercer/departments/hs/disability.html - Mercer County Disability Services
http://www.state.nj.us/counties/mercer/departments/hcd/index.html - Mercer County Housing/Development Office
http://www.nj.gov/cgi-bin/health/caregivernj/search.pl?county1=11Mercer - a big list of services in Mercer County
... more
0 votes 1 answer Share Flag
Tue Jan 17, 2012
Dan Tabit answered:
Bsn,
I can't speak to your specific area, but generally if you are buying a home with location considerations, you'll be selling one with same ones. Some people want a quiet cul-de-sac in the burbs others want to be on the bus line in the city.
If you consider this issue a liability, so will future buyers. The cure for liabilities is price and time. If you get a good price because of the location, plan of giving a good price when you sell and expect it to take longer than the average market time to find a buyer. I hope this helps.
... more
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Fri Aug 17, 2012
Audeliz Angie Perez answered:
Purchasetd, congrats on the job! Yes it exisits, but depends on how many bedrooms and baths you are looking for? Condition? Style? Location?
0 votes 6 answers Share Flag
Sun May 29, 2011
Kevin Vitali answered:
Typically when dealing with BPO's on a short sale, the banks will not re-evaluate value for 3 months after setting a value. Not to say that if you can state a strong case they may not order another BPO. Many times the bank will also order a drive by BPO at the same time as well as looking at AVM value to cover all bases.

In a nutshell, its very dependent on each individual circumstance and bank.
... more
0 votes 3 answers Share Flag
Mon May 30, 2011
Jeanne Feenick answered:
HI Sufy, that is very much a matter of personal preference. What you are describing is the very real matter of compromise when it comes to evaluating property choices. Likely the location issues you describe are driving the value price that is drawing you to the property. Something that drives price now will do the same when you go to sell.

What matters most to you is a decision only you can make. This is the classic case of whether "house" or "location" is your primary driver. You can change a house, you cannot change a location. You will figure it out, trust your instincts.

Best,
Jeanne Feenick
Unwavering Commitment to Service
... more
0 votes 6 answers Share Flag
Thu Jul 5, 2012
Leena Anklesaria answered:
Hi,

You can either look in passaic county, Hudson county or in Seacaucus area. Let me know if I can help you looking in any of these area if you are interested.

Leena Anklesaria

Realtor/Sales Associate
Cell; 732-322-4493
... more
0 votes 3 answers Share Flag
Wed Apr 9, 2014
Kenneth Verbeyst answered:
may be easiest to purchase a tear down. the prices vary greatly depending upon many factors like the train, gas or power lines. You are best off working with an agent willing to give you the time and assistance you need. If you like email me. I closed this past week on a very nice property with 3 acres on Grovers mill pond. ... more
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Fri Jan 27, 2012
Eugenia (Jean) Brunone answered:
I think the best bet is to find a hotel in the area. Hilton Garden Inn in Hamilton is on Rt. 130 and is only a few minutes away from Robbinsville. It will be tough to find a condo or apartment that you can rent for a few days.

Jean Brunone
Gloria Nilson Realtors, Real Living
Robbinsville Resident
609-750-2025 office
... more
0 votes 2 answers Share Flag
Sun Mar 5, 2017
BG answered:
Online is very very competitive on rate/fee that Banks normally can't compete with .. well the reason being that online has lower overhead costs; therefore, they pass it on to consumer via rate and fee. If your paper is not perfect, don't even try ... you will lose your initial deposit and appraisal cost. You can fax or email as attachment .. they accept all those forms ... but you will not be able to meet them in person (unlike banks). Full doc is mandatory and it also seems like that they cherry picking "A paper" customer only.

Bankrate.com is a good reference.
... more
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