Advice

  • (8 Contributions,
  • 0 Best Answers,
  • 0 Helpful)

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Where can I find the value of my house?

Answer

HI barronhopper.On the Zillow website, you can find your address, and check the Zestimate.  This is often a good guide to approximate value.  If you are looking for a more definitive number, contact a local real state agent and ask for a Comparative Market Analysis (CMA).Robert GreenblattKeller Williams Realty

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Two mortgages at once?

Answer

Hi Warholchick.A quick conversation with a mortgage person will be able to determine if you qualify for 2 mortgages simultaneously.  I am well-versed at timing these challenging situations, and would be happy to help you design the best plan to fit your needs.Thank you in advance,Robert GreenblattKeller Williams RealtyCherry Hill

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What is the usually a difference between assessment and appraisal?

Answer

Hi Mikhail.An Assessment is the property value per the township.  The Appraisal, is a valuation typically conducted for a mortgage company to facilitate a new purchase, refinance or line of credit.  Most towns in this area typically "re-assess" every 10 years.  Voorhees re-assessed approximately 5 years ago.  I would be happy to answer additional questions.-Robert GreenblattKeller Wiliams Realty[phone removed by Zillow moderator]

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Selling my townhome in Voorhees NJ

Response

Hi!The Over-55 (Active Adult) market continues to have an excess of inventory.  However, based on the amenities, condition and desirability of your home, there may a significant demand.  A few minutes on the phone is all it takes to get the answers you are looking for.-Robert GreenblattKeller Williams Realty[phone number deleted by Zillow moderator. Please see our Good Neighbor Policy for more information]

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buying rental units

Answer

Hi mimcman225.  The decision of whether or not to purchase additional rental properties has many variables.  While I am not familiar with your specific market, as an agent and fellow investor, much of it comes down to goals.  IE: cash flow?  Long term hold? Short term hold? etc.  As a landlord, you already know that vacancies are not always easy to fill, and unexpected repairs are always expected. If the numbers make sense, go for it.- Robert Greenblatt

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Eligible

Answer

Hi perp1.  It is likely that he will need a cosignor if he lacks steady job history. In today's market, it is best to speak with a mortgage professional as soon as possible.  This will give you insight into the terms and conditions of the mortgage your son may or may not qualify for.  Finding the right house is the easy part.  Good luck!- Robert Greenblatt

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