From the category archives:

For Buyers

FHA Approved Condos in Montclair

September 7, 2009

A buyer recently inquired about a condo listed in Upper Montclair asking if the complex is FHA approved.  Unfortunately for her it is not but it raises an interesting question for those folks who are looking to take advantage of the first time home buyer tax credit and may not have the traditional down payment. The [...]

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Now roughly 25% off!

April 8, 2009

It has been about 218 days on the market and today we learned via the Garden State MLS that there has been a $1,955,000 price reduction on “Daybreak” the Montclair property located at 99 Lloyd Road. The 10 bedroom 5 and 1/2 bath property is now listed at $5,795,000. Back in the fall we listed [...]

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The Midas Touch?

February 17, 2009

Last week we reported that 40 Edgemont, the latest Van Note rehab project, went under contract with rumored multiple offers and was slated to close within the week. The property did close on Friday the 13th for $510,001 over asking or roughly 25% above the offering price of $1,999,999 . If you have been following [...]

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No $15,000 Tax Credit For YOU!

February 11, 2009

An update just came across my Twitterfeed that the AP and The Washington Post are reporting that the house and senate have reached a “compromise “on the stimulus package and that the much touted $15,000 tax credit, which has been the buzz of real estate consumers and agents the last week or so, is not to be.  AP Special Correspondent [...]

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Five Biggest Real Estate Myths

January 27, 2009

This morning Barbara Corcoran was on the Today Show to discuss the “Five Biggest Real Estate Myths”  and in a nutshell here they are as well as the video: (H/T to Matt Wilkins)   .msnbcLinks {font-size:11px; font-family:Arial, Helvetica, sans-serif; color: #999; margin-top: 5px; background: transparent; text-align: center; width: 425px;} .msnbcLinks a {text-decoration:none !important; border-bottom: 1px dotted [...]

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