Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Home Buying in North Bergen : Real Estate Advice

  • All159
  • Local Info9
  • Home Buying36
  • Home Selling4
  • Market Conditions8

Activity 32
Thu Jun 18, 2009
Chris Mabry SRS,e-PRO answered:
Betty,
Your first step should be to get some financial numbers and figure out your buying power. A short chat with a mortgage broker should accomplish this. They will ask you some questions to get a grasp on your financial situation. There's a good chance that you would qualify for an FHA loan, which means you would only need 3.5% downpayment, based on the purchase price of the home. Your $10K should carry you a ways on this. Speak to a large national mortgage broker chain, a large bank, and a smaller local credit union. Compare shop their rates and programs. They should all have different programs and give you a good idea of what will fit into your budget. Once you have the financial side in order and a good idea of what price home you can afford, then it's time to find a good buyer's agent. There shold be many local agents that have experience guiding first time home buyers, they will be a very valuable resource for you. A good way to find one is to visit a few open houses in the area that you want to buy. Speak to the agents there and try to find someone that you get along with, someone who knows the area, and someone you trust. Best of luck to you out there. ... more
0 votes 8 answers Share Flag
Fri Jun 5, 2009
Matthew De Fede answered:
My advice to you would be to get out of this deal and move on, its unfortunate you had to go through this I always say that shot sales are not the best deals.
0 votes 9 answers Share Flag
Fri Jun 5, 2009
Lukasz Wojtuszkiewicz answered:
You should contact a local agent in the Bronx that is familiar with the area/ property. They should know what things are selling for in that area and cna run comperable sales for you to get a good idea if the place is overpriced and/or what is a fair offer for that sort of apartment. ... more
0 votes 2 answers Share Flag
Mon Nov 21, 2011
Jane Myong answered:
Hi Temple98

Hudson Harbor is a hi-rise located right off River Road in Edgewater. Like most luxury hi-rises, they have 24 hr concierge, outdoor pool and a tennis court, laundry facility is on the 2nd floor.

Some have river/NY views and is right next to the River Walkway, Veterans park, and the Edgewater community center and is within walking distance to shops, restaurants, and Wholefoods~

Currently, their studios are on the market starting at $199,000, one bedrooms at $292,000 and 2 bedrooms at $369,999.
Their monthly maintenance tends to be high since all utilities are included in the maintenance.

Let me know if you have any other questions or if you'd like me to email you the available listings there~

Jane Myong
Broker-Associate, ePro, GRI
More Realty
www.seejanesellnj.com
seejanesell@gmail.com
... more
0 votes 2 answers Share Flag
Thu Dec 31, 2009
Eric Funk answered:
Can tell you that the sold prices range from $143K at low end (1 bed / 1 bath) to $240K (2 bed /2 bath).
0 votes 5 answers Share Flag
Mon May 18, 2009
Walter Burns answered:
Temple98,

A sponsor unit is a unit owned by the original owner or corporation who initiated the building into being turned into coops or condos. In the case of a coop, usually with sponsor units, there is no board approval.

Please let me know if you have any additional questions. I'll be happy to assist.

Sincerely,

Walter J. Burns
Realtor-Associate
Weichert Realtors
1 Newark St.
Hoboken, NJ 07030
201-653-8488 Ext: 230
201-694-8946 Mobile
201-653-4154 Fax
walterburns@gmail.com
www.livingonthehudson.com
... more
0 votes 2 answers Share Flag
Sun Mar 1, 2015
Walter Burns answered:
Temple98,

You can find a list of FHA approved buildings on http://www.hud.gov. You may have to search around a bit, but they are on there.

All the best in your home search,

Sincerely,

Walter J. Burns
Realtor-Associate
Weichert Realtors
1 Newark St.
Hoboken, NJ 07030
201-653-8488 Ext: 230
201-694-8946 Mobile
201-653-4154 Fax
walterburns@gmail.com
www.livingonthehudson.com
... more
0 votes 4 answers Share Flag
Thu Apr 16, 2009
Jack Burton answered:
If you are referring to the Bergenwood Commons Condos, you should be aware that this condominium association suffers from two serious issues. One is a rather large special assessment that each owner must pay. The other is a lawsuit filed by a group of homeowners who are fighting over control over the association. It is likely that these issues will make it difficult to secure a competitive mortgage in that complex. ... more
0 votes 4 answers Share Flag
Thu Jun 25, 2009
Walter Burns answered:
Glenn,

I have seen both communities and both are very nice with a great location. Hudson Pointe is a much larger condo complex with more amenities.

Please let me know if you have any additional questions. I'll be happy to assist.

All the best in your home search,

Walter J. Burns
Realtor-Associate
Weichert Realtors
1 Newark St.
Hoboken, NJ 07030
201-653-8488 Ext: 230
201-694-8946 Mobile
201-653-4154 Fax
wburns@weichert.com
www.livingonthehudson.com
... more
0 votes 0 Answers Share Flag
Mon Feb 23, 2009
John Sacktig answered:
Hi Betty,

I have great informational paperwork that explains the home buying process from the initial offer to the closing. Email me and I can send it to you in PDF form to take a look.

Also, you need to contact a Mortgage rep to see what you can affored to buy and learn about different first time homebuyer programs that are available.. and there are a few good ones! I can also send you info on a very good Wells Fargo mortgage consultant that can answer your questions.

John Sacktig
Broker / Manager
Orange Key Realty
Office: 732-863-6969
Cell: 732-213-1409

JSacktig@orangekeyrealty.com
... more
0 votes 6 answers Share Flag
Sun Aug 3, 2008
Jerry Becker answered:
Have you had your buyer's agent contact the seller's agent or the seller? If you can't get a good answer there, you may have to go to the county and start asking questions from them, until you get your questions answered. ... more
0 votes 1 answer Share Flag
Mon Jan 21, 2008
Dave Kropp answered:
Taiko,
The deduction on your tax return would be the same whether you're on the loan jointly or not. Also, you can Quit Claim his name on immediately after closing. Depending on Real Estate law in Jersey City that may also protect your house in case of law suits if you take title by Tenency in Entirety. Again, I do not know if you use lawyers in your state for Real Estate closings but if you do ask them to handle it. If you Quit Claimed your husband on that means he is on title but not on the mortgage. This mortgage will not help be on his credit report. ... more
0 votes 1 answer Share Flag
1 2
Search Advice
Search
Home Buying in North Bergen Zip Codes

Followers

307