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North Ironbound : Real Estate Advice

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  • Local Info1
  • Home Buying2
  • Home Selling1
  • Market Conditions1

Activity 4
Tue Sep 4, 2012
Paulo Quintela answered:
Hi Veronica
Please share link or address at least so i can look it up for you.


Best Regards,

Paulo Quintela
EXIT Realty Lucky Associates
290 Ferry St - Newark NJ 07105
Cell 908-962-8047 Office 973-817-7700
Pquintela@hotmail.com
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Wed Aug 7, 2013
Claudia Borges answered:
Dear Jessic,

At the moment, there are no 3 bedrooms apartments in the Ironbound Section on the market. I will keep checking for you and I will notify you as soon as something shows up on the market.

Thank you,
Claudia Borges
CAPY Realty
Cell#908-414-6811
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0 votes 1 answer Share Flag
Tue Aug 4, 2009
Fred Griffin answered:
"Been on the market for quite some time now".

That is [most likely] because the Price is Unrealistic.

Over-Priced houses will not get any traffic; Real Estate Agents will be hesitant to show them.

They will not appear in the Search Results when Buyers are on the Internet, and if they do, the Buyer will usually hit the Back Button.

There is a principle in Real Estate Appraisal known as "Conformity". A house will not be worth more than other comparable houses in the same area; it will "conform" to the prices of the comps. If an Offer comes in at the over-price, the house [will probably not] appraise.


When you put your house on the market Gary, set a Realistic Price based on Comparable Sales. If you do not have very recent comps, talk with a Real Estate Appraiser about what the house should be priced at.

-------------------
Best wishes to you,
Fred
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Tue Jan 1, 2008
Alan May answered:
I usually find that fixing it myself is the best way... at least according to my contractor that's the best way to do it... he has a daughter in college, and if I try to fix it myself, first... he gets to charge me more for the final repair, and he can use the money. ... more
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