Lisa Friedman's NJ Blog

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Real Estate Agent - Alliance Realtors

ARCHIVED BLOG POSTS

2008 

I am trying to close on an investment property where I have a 25% downpayment.  Problem is that with the current mortgage crisis, the banks do not want to loan to investors who own more than 10 properties.  Is there anyone out there who would put this $120,000 mortgage into their name if I front ...
06/22/2008
I come to you with a heartbreaking story.  Someone called me to rent a home that I personally own.  When I asked the prospective tenant why his family was moving, he told me the most heartbreaking story.  They were moving to be close to the hospital and rehabilitation facility of his 21 year old ...
06/22/2008
Today, I received a call from a potential buyer who told me that he wanted to make an offer on my listing.  I asked who had shown him the house and he did not want to tell me.  He said that he wanted to deal with the listing agent directly (because he falsely thinks that he would get a deal on th...
06/22/2008
I  found this CNN.com article to be so inspiring that I just had to post it.  What an amazing feat for this 57 year old woman to run 20,000 miles around the world in 5 YEARS in order to bring about cancer awareness following the loss of her husband.  Sleeping in a trailer type tent that she carri...
06/22/2008
My phone has been ringing off the hook here in central New Jersey with people looking to rent homes.  I have never, in 19 years, had so many phone calls from potential tenants.  I also have properties that I own which have been for rent out of state which have all rented quickly.  The paradox to ...
06/22/2008
Townsende - Flemington, NJ Marketing Report - June 21st, 2008 The following 6 active townhomes are available in the Townsende neighborhood. Address Status List Price BR Baths Gar BSMT 21 Cummington Lane A $339,900 2 2.1 2 F 36 Kentowrth Court A $349,500 2 2.1 2 U 22 Worthington Terrace A $349,90...
06/22/2008
Whitehall Manor - Somerset, NJ Marketing Report - June 21st, 2008 The following is the recent activity in the Whitehall Manor neighborhood. Address Status List Price BR Baths BSMT 21 Woodhill Street UC $314,800 2 2.1 U 20 Sherborne Street A $318,000 2 2.1 F 64 Sherborne Street A $318,000 2 2.1 U...
06/22/2008
Vernon, NJ Edgewood - The Hills $649,981   JUST LISTED!! Exceptional Victorian Colonial! Eat-in-kitchen w/breakfast bar, large family room w/cathedral ceiling & wood burning fireplace, master suite w/turret ceiling, fantastic backyard w/mahogany deck, patio and in-ground pool. Beautifully landsc...
06/22/2008
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What is it with people whose houses are going in to foreclosure and with banks who own foreclosed homes?  Why can't they take responsibilities for their lawns?  Recently, I drove through a neighborhood where about 10% of the homes had lawns like these photographed.  Who would want to buy into a c...
06/22/2008
I am an investor with 10 mortgages, a 750 credit score and 25-30% downpayment.  All of the banks are telling me that guidelines have recently changed and most banks won't loan to a buyer with more than five mortgages.  Can anyone help me obtain a loan that is not hard money for an investment prop...
06/15/2008
Rainer
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Lisa Friedman

Central New Jersey Real Estate
local_phone(908) 707-9700
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