James Lockard - Bergen County Real Estate Blog

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Real Estate Agent - RE/MAX Properties - Saddle River
Happenings and news and events about Allendale real estate and Bergen County Homes in general. Find interesting facts and items about Allendale as well as Allendale Real Estate Market Conditions.

ARCHIVED BLOG POSTS

2011 

Ridgewood NJ – A lot of homeowners want to short sale and walk away from the upside down debt. They don’t feel that it is their fault the housing market crashed. We get the following questions a lot. “If I short sale, then how likely is it that my lender will sue me to repay them?” “Will my lend...
09/30/2011
James Lockard | RE/MAX Properties | (201) 825-6600 34 Lewis Pl, Westwood, NJ Elegant Colonial - Recently Renovated 5BR/2BA Single Family House offered at $414,000 Year Built 1964 Sq Footage 2,072 Bedrooms 5 Bathrooms 2 full, 0 partial Floors 2 Parking 4 Uncovered spaces Lot Size 7,501 sqft HOA/M...
09/30/2011
Ridgewood NJ – The Stop Foreclosure Institute recently received a question from Amit. Here was his question. “Why does my lender need copies of my last 2 pay stubs? Are they hoping to garnish my paycheck? I am concerned that if I give it to them, then they will use it to garnish my paycheck. The...
09/29/2011
Ridgewood NJ – The Stop Foreclosure Institute recently received a question from Will. Here was his question. “I am thinking of short selling my house. There are some problems with the house. I know that most home buyers get a home inspected before they buy it. Do I have to tell them about the pr...
09/28/2011
Ridgewood NJ – Some people think they can go around a homeowner and buy a home directly from the bank. “The seller has to submit our offer to the bank because the bank owns the house”, they tell us. They assume that they can sidestep the seller and buy the house directly from the bank. The truth...
09/26/2011
Ridgewood NJ – I recently saw an article written by a prominent, so called short sale expert. In the article, this supposed expert says the only rules for short sales are HAFA, but even those rules are subject to interpretation. That is like saying that there are no traffic laws. If that were the...
09/23/2011
Ridgewood NJ – You may wonder why a sales contract says the seller pays for certain costs and yet the bank covers the costs. Here is how it works. The sales contract may have a certain clause say: “Seller to pay title and seller’s documentary stamp taxes.” How does the bank pay that cost if it s...
09/21/2011
Ridgewood NJ – We recently gave a couple of common reasons that short sales fail. Today, we will go thru a few more reasons. (To recap, here were the reasons we put in our previous blog post. Reason #1: The sales price is lower than the lender wants. The lender thinks the home is worth more than...
09/19/2011
Ridgewood NJ – The Stop Foreclosure Institute recently received a question from David. Here was his question. “My lender ******** Bank verbally told me that my short sale was approved. However, now they are now telling me that Fannie Mae did not approve the sale. They gave me an option to pay $3...
09/16/2011
Bergen County NJ – A good short sale realtor will mean the difference between success and failure on your short sale. Here are the qualities that make a good, effective short sale realtor. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Persistence....
09/15/2011
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James Lockard

Realtor, Allendale, NJ
smartphone(201) 674-3114
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