It would really depend on the Coop. They all have different requirements. If the coop allows you, you can do as little as 10% down.
On a Condo, it its an FHA approved condo its 3.5% down. If it is Fannie/Freddie approved, you can do a 5% down payment.
Call me.. I have closed in many of the Condos & Coops in the area. I can walk you through the inventory..
The 1 hr commute to Port authority would best suit Hudson or Eastern Bergen County NJ.
All towns have great value for resale.
Give me a call I can guide you through the area, and find you the best home.
We can help. That is the area of my expertise actually. I am A CDPE (Certified Distressed Property Expert) , which is the gold standard for short sale certifications, and the mainly trusted certification for many large lenders. I also have an SFR (Short Sale & Foreclosure Resource Specialist).
Please contact me so we can schedule a strategic meeting.
CDPE (Certified Distressed Property Expert)
SFR (Short-Sale Specialist Certified)
CHBA (Certified Home Buyer Adviser from NAEA)
CSBA (Certified Home Seller Adviser from NAEA)
NAEA Member (National Association of Expert Advisers)
Residential Real Estate Expert Adviser
Lic. Realtor Associate
EXIT On The Hudson Realty
(888) 462-6573 / (888) HOB-NJRE
FAX (888) 462-6573
I have lived in Grandview for several years and sold this building as New Construction for the developer from 2006-2009. I can answer any and all questions regarding the tax abatement and anything else pertaining to the building.
NJAR Circle of Excellence 2004-2011
Coldwell Banker Residential Brokerage
2151 Lemoine Ave
Fort Lee, NJ 07024
Recognized by Realtor Magazine's Top 30 Under 30 for 2008 as one of the top agents in the country. http://www.realtor.org/archives/featurejune08_30u30
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Appeal the taxes, I did and just got a great reduction. Most property. if not ALL in West New York is over valued. Got an attorney to appeal the taxes for me and got $1000 reduction off the annual taxes.... more
If the problem is association fee have you considered paying the first 6 months or year fees? I recently sold a home ina10 days where many others are on market just slightly higher. Our was the nicest so in addition to being one of the least expensive we offered to pay the capital contribution. At the end of the day it resulted in reducing the price but what spurred multiple offers was great condition, reasonable price and further incentive. (mutiple offers also helped)... more
You should also try http://www.rentitinamerica.com is a newer website that has been growing fast and is also free. The best part is that your property will not be removed after a month or two. You will be able to keep the property listed until you tell it to be removed. Its great for Landlords and Property Managers because there is no limit to how many properties you can advertise for free.... more
In the past I've run and owned small stands in Seaside Heights. The concept we are putting together will work in Ocean City, Seaside Heights, Wildwood lightly, Manasquan, and Pt Pleasant. We hope to grow into each of these towns over time but need a starting point.
My main concern is learning who the landholders are and getting in touch with them. I've known a number of owners in the past, connections have lingered, and mostly in the seaside heights vicinity. I'd be happy to share more info on the business plan if there's a real opportunity.
Thanks again for any help!... more
Most, if not all, lenders have rules about how many units can be owned by the same owner. I don't recall the specific percentage but it's way less than 50%. Check with your mortgage people to verify.... more