Comments for Living on the Hudson

Comment on 1450 Washington Street Condos in Hoboken by Fee Apartment listing

Fee Apartment listing — Wed, 04 May 2011 07:58:00 +0000

Hi,

Thanks guys for giving all information about 1450 Washington.

Thanks.

Comment on Closing Costs When Purchasing Hoboken Real Estate by Mold Inspection

Mold Inspection — Tue, 29 Mar 2011 09:37:00 +0000

Surprisingly! It is like you understand my mind!

Comment on 700 Grove Jersey City: Traditional Sale vs. Short Sale by JCer

JCer — Wed, 26 Jan 2011 20:32:48 +0000

I actually just completed a short sale, and they are anything but. You wait and wait and they always inch the price up. I’d bet the person who bough the unit for 450 offered 420 or 415, the bank I’m sure countered and added in various payoffs for thing like unpaid condo fees, etc. Typically you’ll get a bit of a discount maybe 10%, typically 5%, never more than 20% and you’ll wait 6 months or longer, then they’ll want to close with 10 business days. Realistically unless you have time to waste short sales are a pain, the person buying this short sale didn’t do so well, the broker involved must not have been a real expert, because it looks like the buyer was eager. You really have to tell the bank no, and the listing broker really need to sell the bank on the numbers. My advice here is to only go for a short sale if the listing agent is certain they can get approval at a price you like and the agent must be VERY experienced in doing these transactions. Amateur hour is not what you need. If you are not finding such deals, which are few and far between, go for the regular transaction where 2 banks(including investors) have to sign off, a condo association need to be paid, etc are not going to cause heartache.

Also never try to buy a short sale from BOA, they might never respond.

Comment on 700 Grove Jersey City: Traditional Sale vs. Short Sale by Mike1973

Mike1973 — Mon, 03 Jan 2011 20:41:00 +0000

I actually was shown both unit 6P and 7P. The short sale unit (6P) had several high end upgrades including, extra tile work in the bathroom, upgraded sinks, complete crown molding and custom lighting in several rooms. So while the short sale unit sold for $3k less then the traditional sale, the more desirable unit and the better value was still the short sale by far. This comparison of short sale and traditional sale is not apples to apples.

Comment on Top 5 Jersey City Luxury Properties by Luxury Condominium

Luxury Condominium — Tue, 28 Dec 2010 15:40:00 +0000

all 5 properties are so luxury.

Comment on The W Hoboken Hotel & Residences Spotlight by Marble Clean West Palm Beach

Marble Clean West Palm Beach — Mon, 27 Dec 2010 11:46:00 +0000

Great site!

Comment on Hoboken Real Estate Market Update September 2010 by Mold Removal Elmira

Mold Removal Elmira — Mon, 27 Dec 2010 09:32:00 +0000

Great site, looking forward to reading and getting involved with the community.

Comment on 700 Grove Jersey City: Traditional Sale vs. Short Sale by GUEST

GUEST — Mon, 27 Dec 2010 00:17:00 +0000

Do you have any experience dealing with short sales personally? From what I read on the web, buying anything on short sale is a very time consuming process. So, I am a bit surprised to see that both the units sold for (almost) the same price.

Comment on Top 3 Hoboken Condo Sales – August 2010 by Mold Removal Temecula

Mold Removal Temecula — Thu, 23 Dec 2010 13:15:00 +0000

Great information. Thanks for sharing with us.

Comment on Top 3 Hoboken Condo Sales – August 2010 by Grout Repair

Grout Repair — Thu, 23 Dec 2010 07:12:00 +0000

Wow! what a great idea!!