Real Estate Sales
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There are 21 Comments to "Real Estate Sales"
Asking prices should be written clearly in all ads for homes/real estate. Otherwise, there is an element of dishonesty in the ad.
There should really be dates on all listings and classifieds . Or maybe just delete all those older then 2 weeks.
I think we all know, the time to buy is now. The new constructiin prices sound high, but, considering ur getting a house u can stay in till 120 + a possiblre 2nd income, its not so high. And, the not-new-houses, like in Raintree are a joke. Buy, Buy, Buy. ‘Cuz after the next boom, the prices are gonna be Nuts !!
We scare the community push the price up and than
Your children can’t live here.
Look what happened in N.Y
THE PRICES IN LAKEWOOD ARE ALREADY INFLATED FOR THE CHEAP CONSTRUCTION AND SQUASHING OFR SO MANY TOWNHOMES.
I’m very worried that the young people that are buying these homes for 400 plus have no idea what they are getting into. unless you have a rrich daddy, we are going to see an increase in foreclosures. I was one of those people who bought in the 200k days and could barely make my 1400.00 a month payments. how these guys doin it and in Koillel to boot? Unless the all are fully supported I’m scarred we will see another REAL estate BUST in the next few years.Dont listen to the Real Estate people , they all want ya to think all iz gut, so that the market stays high
what does that mean live there till 120
dont understand how people can afford this.
the real estate market is extremly inflated in Lakewood.
I work full time and i dont understand how people are affording to pay their bills with such steep taxes and mortgages.
now in NJ is a very bad time to buy, I run a financial services company and to buy now doesnt make sense. The property taxes are through the roof and they will be climbing. Take Beacon Ridge for instance the taxes there for a house on less than 10,000 SF of land hovers around 8to 9k a year. As soon as this development is finished and fully occupied the Township will come in do a reval and I promise you it will be closer to 12k a year , Just for the TAXES! now even if you finish the basement for 40-50k and rent it out for say $1,000 a month, that wont even cover your taxes let alone start to pay back the money you laid out in your loan to finish the basement. Just rent a house for 1500 a month ,no worries about roof,plumbing,taxes, maintenance etc. Do the math it just does not add up. UNLESS someone is offering you upwards of 100k now for a down payment and the offer may not be there in two or three years then of course grab it and buy the house. Beacon ridge house, $500,000 on average. even with a $100,000 down payment your payments will be at least two grand a month, plus you will have maintenance, property taxes, etc. The other developments r the same story. be well
Joel: its your opinion if someone cant afford it. Buyers its the time to buy, prices are low , rates are low: just be careful that you can afford the home you’re purchasing taking your mortgage, taxes & insurance into account. Also please keep in mind a tenant is not guaranteed. Buying is beautiful . Its a great invesment & it’s you’re own to enjoy. Buy when you know you can afford to carry the full payment. Hatzlacha!
#10? prices are low? oh thats right, $450k for a townhouse, thats a bargain in this town. how depressing.
I work full time and cant pay my mortgage please don’t buy
Reality is that it is a buyers market. However, remember that anyone can buy a house but not everyone can keep it. So make sure you are purchasing something that is within you means and do not go and try to by like your neighbors. Do what is right for you…….
Buying makes sense if you are planning on staying many years (so you have time to build up equity) have enough money to put down a significant down payment as well as the cost of finishing a basement, and you can afford the monthly payment without relying on price appreciation which may or may not happen. I rented for many years and purchased a home recently. after the legal basement rental I am paying approximately $1500 a month with around $300 of that going toward pricipal (equity) for a net payment of $1200 a month including taxes and insurance. However one has to factor in the potential lost earnings on the $95000 or so I scraped together to buy the house and finish the basement. Bottom line, do your math be realistic and don’t listen to the hype. For many of you, renting is the way to go. For others, now is the time to buy. Hatzlacha!
Perri we are so happy to see up on this web site, and would like to take this opportunity to thank you for all your hard devoted work!! It’s such a pleasure to deal with an honest agent. Your devotion and honesty mean so much! Thank you!
Don’t forget that Morg interest and real estate tax are deductable for tax. Rent is not.
Rememeber, while it seems housing prices are off from their peak say 25%. So is the stock market.
Prices will drop even more within this coming year so you have to be a little crazy to buy now! Hold off another year or two and you will get a much bigger bang for your buck!
FOR SALE means house for sale..NO SIGN.. NOT FOR SALE!! Thank You!
to Joel
thank you so much , somebody finally said the truth.
thanks again
Buy a resale home they are the best bargin. New construction prices are still pretty high resales are half of what they were 5 years ago and your taxes will be much lower then a new house. Even if you have to redo some things it’s still a much better bargin. Don’t be afraid to buy as long as you can afford the payments.
People are saying Lakewood home prices are very high they really are lower then in many of the other towns. I feel Lakewood homes have lost value more then similar homes in other towns. That’s not good for Lakewood. You might think that’s great you will get a nice home for a very low price but your home won’t grow in value as fast as a home in another town would. We need to put a good value on our home and take pride in our town and not attract only people who want a bargin or can’t afford a house in higher priced towns. That just devalues
our town and all it has to offer.