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 

Snow and cold weather contributed to a rather slow housing market in January for Allendale.   Here are the statistics from the New Jersey MLS system for period 1/1/2011 - 1/31/2011   Listing Status        Total        Total List/ Sale Dollars  Average ListPrice Average SoldPrice Sale Price/List P...
01/31/2011
Ridgewood NJ - Have you heard the following myths about short sales? Myth #1: You can buy short sales for dirt cheap and then turn around and resell them for a profit. Myth #2: Foreclosures, Short Sales, and Bank Owned Homes can be bought for 30 to 50 cents on the dollar with no money down. Disco...
01/31/2011
Ridgewood NJ - Many home buyers think that the short sale lender is in charge during a short sale. Nothing could be further from the truth. The short sale lender can only veto short sale offers. They can't put the property up for sale or decide who to sell it to. Only the home owner can do that. ...
01/28/2011
Ridgewood NJ - A home owner thinking of a short sale recently asked us why they should short sale versus just walking away and letting their lender foreclose on the home. We gave them the normal answer: "It's much better for your credit." That was the first thing that popped into our head. But, I...
01/27/2011
The Northern Highlands Regional High School's Sports Association will host the annual "Pastamania" event, tonight, Tuesday, Jan. 25. The event will feature back-to-back basketball and wrestling matches against Old Tappan High School and Fair Lawn High School, as well as include an all-you-can-eat...
01/25/2011
Ridgewood NJ - We often get asked if a short sale is even worth the effort. "Do I need to have my short sale "Approved" by my lender before I put my home on the market?" one seller asked us. "When I called my lender they wouldn't talk to me about my short sale. I am concerned that they might do t...
01/24/2011
A home where memories are made!  WWW.7EROLDCT.INFO COME AND JOIN ME FOR A LOOK AT ALLENDALE'S NEWEST LISTING. This home offers everything a buyer could want with added benefits of an exceptional school system and walking distance to NYC train or bus.   For more information on this house or questi...
01/20/2011
Ridgewood NJ - This is a continuation of a former article about short sales. We often get asked if a short sale is even worth the effort. "Why don't I just let the bank have the property", sellers tell us. "I don't ever think I'll be able to fix my credit to be able to buy another house." Discove...
01/19/2011
Ridgewood NJ - We often get asked if a short sale is even worth the effort. "Why don't I just let the bank have the property", sellers tell us. "I don't ever think I'll be able to fix my credit to be able to buy another house." Discover how other sellers successfully did a short sale to avoid for...
01/18/2011
Ridgewood NJ - The Stop Foreclosure Institute recently received a question from Luis. Here is Luis's Question. "I am working on a loan modification on my home. I just don't want to be upside down and want a fair interest rate. Why should I pay on a mortgage that is twice as much as my home is wor...
01/17/2011
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James Lockard

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