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Teaneck : Real Estate Advice

  • All117
  • Local Info9
  • Home Buying42
  • Home Selling7
  • Market Conditions7

Activity 72
Fri Feb 1, 2013
Debra (Debbie) Rose answered:
Sure, it's a fine idea.
Some people live out their lives very happily in a townhome, and have no interest in a single family home.
Some of the complexes near me are gated, with lavish clubhouses and offer numerous amenities.............. it's nice not to worry about lawn care, snow removal and exterior maitnenance.

I lived in a single family home for most of my life, and have enjoyed townhome living for the past 10+ years............there are plus and minuses for both........

Just make sure , if you do buy a condo........it's large enough, and has enough room, so that you don't feel the need to sell in the near future if your family grows or your needs change.........plan on staying at least 5-7 years

Best wishes....
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0 votes 7 answers Share Flag
Thu Jan 31, 2013
Ron Thomas answered:
The homes are probably Okay; its the terms that can be prohibitive!

Lease/Option
You are desperate!
Your Credit or Finances, or both, will not allow you to go the conventional route:
You need the Seller to help you out!

The Seller will know it, and you are going to pay dearly for this service:
There aren't too many altruistic Sellers out there.

There is no FORM printed by anyone; there are just too many variables.
The terms that can be written into a Lease/Option can be dangerous to you:
How long is the Option period?
How much money are you putting in to the Option?
What happens if you are not able to execute the Option?
How do you know what your financial situation will be 2-5 years from now?
How much is the rent in the meantime?
Who will be responsible for maintenance and repair in the meantime?
What will be the Market Value of the home in 2-5 years?
What will be the Selling price 2-5 years from now?

This is the Ultimate Caveat Emptor!

Good luck and May God bless
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0 votes 6 answers Share Flag
Wed Dec 26, 2012
Andrew Tisellano answered:
PLease contact me for a free in home evaluation.
0 votes 3 answers Share Flag
Sun Jun 30, 2013
Michael Shetler answered:
Hi Raj,
There are currently 164 homes on the market in Teaneck. 187 homes have closed year to date. So there definitely is more supply than demand, indicating prices will continue to trend downwards in Teaneck. Even though the market hasn't fully recovered, it is better to sell now than later. For a free evaluation of your home's value and a presentation of my unique marketing strategies please call me at 201-421-0506.
Michael Shetler
Keller Williams Village Square Realty
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0 votes 18 answers Share Flag
Thu Feb 11, 2016
Andrew Tisellano answered:
Carlstadt ,East Rutherford , Garfield, Paramus
let me know if I can help you in any of these towns
0 votes 12 answers Share Flag
Sat Nov 17, 2012
Barbara Ostroth answered:
I am a local realtor who has lived in Teaneck for the past 29 years and raised four kids in the schools. I can help you find a rental that would be suitable, depending on how much you are willing to pay and how much space you need for you and your son. I am assuming he will be going to the Community School by what you said in your question, and certainly would be happy to help you relocate to our lovely community "on the other side of the bridge!"
My best,
Barbara Ostroth
Coldwell Banker RE
201-262-6600 x144
201-965-3105 cell
www.BarbaraOstroth.com
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0 votes 2 answers Share Flag
Fri Mar 29, 2013
Barbara Ostroth answered:
It's a wonderful community for families and great commuting distance to NYC. I have raised four kids here over the past 25 years, and lived her 29 years, involved in the schools, the local arts community and in volunteer work. My kids had great recreation programs and sports options, and we have met and become friends with people from all walks of life. We have one of the best police departments in Bergen County, a paid fire department, the best volunteer ambulance corps, our own hospital (Holy Name Medical Center), a discount movie theatre, and proximity to other towns and shopping from three highways that surround us (Rt. 80, 4, and 95). I feel certain you would be very happy here!

While your price range is a little low for a 2-bedroom apartment, I can try to find some options for you. Let me help you find just the right place for you and your son.
My best,
Barbara Ostroth
Coldwell Banker RE
201-262-6600 x144
201-965-3105 cell
www.BarbaraOstroth.com
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0 votes 3 answers Share Flag
Fri Aug 23, 2013
Travis Waller answered:
They have a great Charter School in Teaneck. It caters k-8. I'm a huge fan of Charter Schools because of their curriculum. Any questions, please feel free to contact me.
0 votes 11 answers Share Flag
Wed Feb 22, 2017
Elizabeth and Jack Roditi answered:
I have had excellent success with this mortgage broker who has been able to get lending for a couple of very difficult deals recently. One has already closed and we are awaiting the closing date for the second loan which will happen in the next week.



Rhonda Conte

Phone: 914-339-6010

Cell: 845-821-5838
Fax: 914-885-1773
108 Corporate Park Drive, Suite 301
White Plains, NY 10604
www.ghmc.com

Liz Roditi
Prominent Properties Sotheby's Inernational Realty
eroditi@optonline.net
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0 votes 15 answers Share Flag
Mon Jun 11, 2012
Phil Rotondo answered:
Could be either....An option to consider is applying for both and compare Good Faith Estimates for the better deal.
0 votes 9 answers Share Flag
Wed Oct 17, 2012
Brian Morgenweck answered:
I would recommend speaking with a mortgage professional familiar with all the nuances of FHA financing. FHA allows up to 6% (of contract price) in seller's concession, currently.
0 votes 11 answers Share Flag
Wed Apr 18, 2012
Travis Waller answered:
I'm your answer for Realtors. Feel free to contact me.
0 votes 1 answer Share Flag
Sun Apr 15, 2012
Anna M Brocco answered:
Rent to own properties may not be listed as such, therefore consider working with an agent of your own. Keep in mind that rent to own can be risky and one could stand to lose a bit of money, therefore do inform yourself well beforehand... ... more
0 votes 1 answer Share Flag
Wed Feb 8, 2012
Laura Giannotta answered:
If your home was purchased as a straight sale (not a short sale or REO) it's very possible. Check out this link, though it deals with property tax appeals in Little Egg Harbor, the rules governing property tax appeals apply statewide.
http://www.trulia.com/blog/laura_giannotta/2011/02/little_egg_harbor_tax_appeals_the_nj_tax_appeal_process
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0 votes 9 answers Share Flag
Thu Mar 1, 2012
Adrienne Petrook answered:
Pauline,
That information is available to realtors in the NewJerseyMLS. I would be happy to email it to you directly if you care to provide your email address. The file is too large to attach here. You can call me with your email address or send it to met at adriennep@remax.com Are you looking for single family sales or multiple family?
Thanks,
Adrienne Petrook
201-390-7909
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0 votes 5 answers Share Flag
Sat Oct 15, 2011
Travis Waller answered:
Hello Nancy! Let me know when you are ready to switch to Exit!
0 votes 1 answer Share Flag
Wed Jul 27, 2011
allan erps,ABR,SFR answered:
Am sure there are reasons such as house may be in probate, contesting of will, etc
0 votes 8 answers Share Flag
Thu Apr 14, 2011
Anna M Brocco answered:
If you are a for sale by owner the post is not allowed, you can however try blogging about the property; if and when you do list with an agent, he/she can post it for you, just ask; or consider any flat fee realty company that feeds into the site... ... more
0 votes 0 Answers Share Flag
Wed Apr 13, 2011
Jeanne Feenick answered:
Hi Sylvia, now I see the further clarification to your other question on appraisal. Would suggest that you speak to your lender directly on this.

Good luck to you,
Jeanne Feenick
Unwavering Commitment to Service ... more
0 votes 4 answers Share Flag
Sat Sep 10, 2011
Scott Godzyk answered:
Sylvia it is common that the appraisal does come back at what the sales price is. is it a coincidence??? that is a question for the appraiser but it is common. The appraisal should be correct for what you are paying for it. The appraisal will have a final value and should state what method tehy used to rrive at it. I would ask your loan offcier to sit down and go over it with you, you will be able to see what comps they used and any adjsutments made to them to obtain value.

http://www.trulia.com/blog/scott_godzyk/2010/10/where_do_i_is_start_if_i_want_to_get_a_mortgage

Please see my blog for tips and advice on getting a mortgage
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0 votes 9 answers Share Flag
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