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Ocean City : Real Estate Advice

  • All189
  • Local Info13
  • Home Buying50
  • Home Selling9
  • Market Conditions6

Activity 86
Sat Mar 17, 2012
Tim Robbins answered:
Paul You maybe able to go to or to get values it should be able to give you some comps based on your address which should give you some indications as to where you are as to value for a tax apeal.

The other would be to have a real estate agent come out and give you a CMA on Sold Homes like yours in the area, or hire and appriaser to give a certified opinion that should cost around $350.00 if you need the number of an area appraiser in Ocean City let me know

Tim Robbins
Buyers Broker
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0 votes 7 answers Share Flag
Wed Mar 31, 2010
Walter J. Fabiszewski answered:
Without knowing the particulars of the property, I couldn't comment on its value. If you feel that the property is overpriced, you should ask your agent to provide comparable sales that justify the value of the house. Most good Buyer's agents try to get their client the home that they want at the best price for them. Don't believe the hype about agents trying to drive the price up so we can collect a higher commission. A satisfied client is far more valuable than a few thousand more in commission. If your agent is able to justify a higher price based on comps and the seller is not willing to budge, you could ask the seller to hold a second mortgage. Determine what you can comfortably put down, what you are qualified for a mortgage and ask the seller to hold the balance. Be careful not to over-extend yourself financially. The fact of the matter is, you may not be ready for that Million Dollar Home just yet. Maybe you should look into something for a little less and upgrade when finances change and you gain equity in your vacation home. ... more
0 votes 11 answers Share Flag
Mon Oct 28, 2013
Gina answered:
Hello Gam:

Commissions are negotiable. When a Realtor comes to your home, be sure to review all the marketing and services the agent has to offer.
If you would like some assistance, I would be happy to help you.
I can email you some information to review.

Feel free to contact me anytime!
Thank you!
Gina Fagnani
Realtor Associate
(856) 419-5066
... more
0 votes 22 answers Share Flag
Fri May 25, 2012
Bill Eckler answered:
If you can afford to list the property to be competitive with the local short sale and foreclosure markets, selling may be the best route.....there are so many liabilities associated with being a landlord that the loss of money on the sale may just be worth it.

Good luck
... more
0 votes 8 answers Share Flag
Mon Sep 21, 2009
Ocean City Beachcombers Group answered:
Resales of the Nantucket Condos are handled by real estate offices, and are typically 2 or 3 bedroom flats or townhouses. Some of the units have waterway views (and entertaining airport runway views). Prices for a two bedroom condo are running less than $300,000 although none are on the market right now.

The Nantucket Condos would be worth a look when you're ready to buy, they offer a pool and are located just a short drive to the beach and shopping along 34th Street.

James I. (Jim) Marshall, CRS, GI, e-Pro
Prudential Fox & Roach REALTORS.
1 - 888 - 602 - 3243
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0 votes 1 answer Share Flag
Mon Aug 24, 2009
Joy DeLucia answered:
I don't think we have reached the bottom yet. The decline went from 1 to 2% a month last year down to about 1/2% a month this year. Will this be a cash purchase?...what will your money be worth next year?...Are you planning to borrow?...will you be able to borrow next year?...what will the interest rates be at that time?. When the market does bottom out and starts coming back the appreciation will probably stagnate for some time before creeping up at 2-3% a year. So it will take years to hit the the 2005/06 numbers. The future is scetchy, we all wish we had the elusive crystal ball...Keep in mind too, in a buyers market you rule...choices abound..rates are low and sadly some peope just must sell, when the market takes a turn, you could miss out on that choice property. Good luck! ... more
0 votes 4 answers Share Flag
Thu Jul 2, 2009
Michael Rayno answered:
The best source of information is the zoning office in Ocean City their phone # is 609-525-9444 .
0 votes 3 answers Share Flag
Fri Jun 19, 2009
Michael Rayno answered:
The answer to your question is yes there is a section in the northern part of Ocean City called "The Gardens"
This area is primarily single family homes and very few rental properties.
If you would like information on homes currently for sale in this section please send me an email to "MIKE.RAYNO@PRUFOXROACH.COM" and I will be happy to get this information to you.
Good luck with your search
Mike Rayno
Prudential Fox & Roach Realtors
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0 votes 2 answers Share Flag
Wed Jun 4, 2014
Larry Sarlo answered:
Zack Lilienfeld Integrity engineering

I. G. "Zack" Lilienfeld, PE, CEM

Consulting Engineer

Integrity Engineering, LLC

PO Box 3350

9400 Atlantic Ave., Suite C-100, Margate, NJ 08402

Phone (609) 487-7757

FAX (888) 666-5010

A really good guy. He's real knowledgeable and efficient. Call him and talk with him. If he cannot do what you need he will certainly know someone. He's from Margate NJ

Please tell him I sent you.

Good luck

Larry Sarlo
Weichert Realtors
... more
0 votes 9 answers Share Flag
Fri Apr 10, 2009
Linda R. asked:
If so, who were the owners and how can I get in touch with them?
0 votes 0 Answers Share Flag
Sun May 13, 2012
Dallas Texas answered:
You can review county tax records or contact a real estate agent who can pull all homes in that given area sold and posted in MLS
0 votes 5 answers Share Flag
Tue Dec 16, 2008
Larry Sarlo answered:
The answer is yes.
For an idea what they are getting go here
You can enter criteria here and get an idea what the rentals are asking.

Hope this helps
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0 votes 5 answers Share Flag
Tue Aug 19, 2008
Laura Giannotta answered:
Speak to a mortgage broker that specializes in 2nd home financing. if you need some names from the Ocean City area let me know.
0 votes 1 answer Share Flag
Mon Jul 7, 2008
Jesus (jesse) Gonzalez answered:
Wed Jul 15, 2009
Stacy answered:
did you ever buy there? we are looking there now ourselves. what do you think?
0 votes 1 answer Share Flag
Fri Jun 24, 2011
Hi answered:
Fri Dec 27, 2013
John Sacktig answered:
This is definatly the time to buy.. rates are low.. prices are down.

Go for it.
0 votes 18 answers Share Flag
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