Zillow Advice RSS: Question-Discussion-Guide,Home Buying,Hoboken- NJ

Looking for top competitors to Troy Towers...

Wed, 16 Sep 2009 18:28:00 GMT

I am looking at some 1-2 bed units in Troy Towers overlooking Weehawken/Hoboken, and am looking for alternatives before committing. My top criteria are Views, light, and value. Any suggestions?

Thanks in advance!

1 reply

can i get a non-FHA mortgage in hoboken with just 10% down?

Sat, 12 Sep 2009 17:12:00 GMT

0 replies

Bidding Wars - What can you do?

Sun, 09 Aug 2009 19:21:00 GMT

When multiple offers are placed on a listing at the same time, it is important to be fair and honest. "Bidding Wars" leave buyers with a bad taste in their mouth. While not everyone will leave the process happy, agents should maintain an orderly bidding process. 3 Ways to Handle Multiple offers: 1) "Best and Highest": after 2 or more bids have been received, a seller may elect to go to a final round of bidding called "Best and Highest". This protocol calls for setting a short deadline for all bidders to submit their best & final offer. If new bidders enter the process before the deadline, they will be invited to submit a final bid. It is customary to accept one of the remaining bids after the deadline has passed after which all other bids will be held as back-up offers.2) Independent Counter Offers: a seller may choose to engage in price negotiations with multiple bidders simultaneously without each bidder privy to what is happening with the other bidder. In this scenario, the seller could make offers and counter offers with several bidders privately. If a buyer's agent asks if there are other offers on the table, the listing agent must disclose the number of other offers and if any are in-house offers (provided seller permits this). He does not need to disclose how the seller is handling the other offers if the seller forbids it.

6 replies

Bidding Wars - Part 2

Sun, 09 Aug 2009 19:21:00 GMT

3) Cross-Bidder Counter Offers: a seller may choose to disclose another bidders offer to a competing bidder in order to motivate acceptance of a counter offer or to generate a higher bid. The seller can do this with multiple bidders simultaneously without the bidders knowing how the other bidding process is evolving. Its remains the seller's prerogative on how to handle each offer. Until a transaction is out of attorney review, a seller retains the right to accept or reject other bids despite having already completed one of the above protocols. Agents are obligated to present all offers to their seller up until the title passes.

2 replies

How do I localize my search just to particular town (not a whole area what I usually get from searc?

Mon, 03 Aug 2009 19:38:00 GMT

How do I localize my search just to particular town (not a whole area what I usually get from a search)?

3 replies

How do I post review for lender

Tue, 04 Aug 2009 03:43:00 GMT

I just had a fantastic experience with my broker and I want to post a review but I can't see on the site where to do it.
I see the page where the reviews are listed - but where, and how, do I add one of my own?
http://www.zillow.com/profile/SeckelCapital/Reviews-received/

Please assist!

1 reply

I have a lisiting that is duplicated, but it has no pictures, is there any way of taking this off?

Fri, 12 Jun 2009 18:39:00 GMT

THE LISTING IS FOR 2600 KENNEDY AVE. AND THE LISTING AGENT IS LINDSEY BROWN. IF YOU COULD PLEASE EMAIL ME BACK @ ICASTILLO@HALSTEAD.COM

0 replies

Selecting an Attorney For Your Hoboken Real Estate Purchase

Fri, 22 May 2009 15:20:00 GMT

I'm currently involved in a Hoboken real estate transaction where the buyer had to change their attorney during the attorney review period. Basically they were using an attorney from out of the area who really didn't know the process of handling a New Jersey real estate transaction. After 10 days of being in "attorney review" (the average period of time is about 5 business days), they changed lawyers to a local Hoboken real estate attorney to expedite the process. I've put together some tips from my experience of working with buyers and sellers which may be useful in selecting a real estate attorney.

[content removed by moderator for being self promotional]

0 replies

Hoboken Real Estate Sellers Now Becoming Landlords

Fri, 15 May 2009 23:44:00 GMT

Many Hoboken real estate sellerswho arehaving difficultly selling their property are turning to renting out their condominium instead. I have noticed more and more lately that many Hoboken properties listed in the MLS are available for both for sale and for rent. The Hudson River waterfront buildings of Maxwell Place, the Hudson Tea Building, Harborside Lofts and even the W Hotel have seen many speculators who bought units to flip for a quick profit now turn to their "Plan B" of renting the property out.

[content removed by moderator for being self promotional]

0 replies

Top 5 Reasons Hoboken is the Place to Live in 2009

Thu, 07 May 2009 03:58:00 GMT

Over the past 15 years, in what seems like overnight, Hoboken has reinvented itself as one of the fastest growing New York City metro area communities. People are buying homes here and why wouldn't they? Former industrial factories have converted into beautiful waterfront condominiums with spectacular New York City views. Hoboken offers something for everyone.

[content removed by moderator for being self promotional]

0 replies

Hoboken Condo Market Update

Sat, 02 May 2009 21:30:00 GMT

As April ends and we turn towards May and the start of summer, here is the Hoboken Condo Market Update for the past 30 days. As of May 1, 2009 there are 559 active Hoboken condos for sale with an average days on market of 98 days. The average asking price is $588,984. In the past 30 days, 37 condos have sold in Hoboken. The average days on market for a sold Hoboken condo was 92 days with an average sales price of $446,151. Currently there are 116 condos under contract in Hoboken waiting to close.

[content removed by moderator for being self promotional]

0 replies

Reasons to Buy in Hudson County, NJ

Wed, 29 Apr 2009 21:33:00 GMT

One man's loss is another man's gain and right now buyer's have everything to gain. It was only a few short years ago that sellers controlled the market and were calling the shots. In order to buy a home, buyers were paying over the asking price, foregoing home inspections and paying all their own closing costs. Hudson County home buyers were jumping through any and all hoops.

1) Homes are more affordable

2) Interest rates are at historic lows

3) There are more homes than ever on the market

4) Builders are offering more and more perks

[content removed by moderator for being self promotional]

2 replies

Spring Time for Hoboken Open Houses

Thu, 30 Apr 2009 00:09:00 GMT

With the arrival of Spring and warmer weather, Hoboken is seeing more and more open houses every weekend. All one has to do is walk up and down Washington St. to be pointed in the direction of an open house. Hoboken buyers entering the buyer's market have many condo choices to choose from. Open houses are a great educational tool to begin in your Hoboken condo search. They not only familiarize a Hoboken buyer with the market and pricing, but they also let the buyer view properties at their own pace.

[content removed by moderator for being self promotional]

0 replies

Reasons to buy in Hoboken

Tue, 14 Apr 2009 16:00:00 GMT

1) you have leverage by the resale value of your home

2) 5-10 years from now Hoboken will have more attractions

3) the local mortgage rate is 5% flat

4) the appreciated value of homes are down 1%, (currently -.05%) compared to surrouding jersey city, bayonne etc... which are continuing to slide more than 2%

5) more and more families are starting to infultrate the areas due to the homey feel and brownstone decor that appeals to young couples and families like in NYC

6) access to ferries and public transport, with more free shuttle services for new building development

7 replies