Camille Miller's nj real estate FAQ

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Real Estate Agent - Just Jersey Real Estate.com
nj real estate questions asked by consumers and answered by www.justjerseyrealestate.com founder, Camille Miller.
RECENT BLOG POSTS
A buyer's agent has a fiduciary responsibility to the buyer they are representing. A buyer's agent should be showing any buyer a report of comparable homes that sold in the neighborhood and presenting them to the buyer for the buyer to make an educated decision on what he/she wants to offer. Its ...
04/23/2009
YES, YES, YES.... assuming you have a job and equity in the home anyway. It is always the time to refinance when you can shave a point or more off your mortgage. Rates are below 5% right now so you will be able to save considerably on your monthly payments. Contact the lender you currently have a...
04/15/2009
A buyer's agent contract is not a mandated document (in NJ) so it can be presented at any time or not at all during a relationship with the buyer. I always tell agents not to present it the first time out because neither one of you are comfortable enough to know if the relationship will continue....
04/10/2009
In NJ possession is the same time as closing so a seller must have all of their belongings removed from the dwelling before going to the closing table. It is customary that the new buyer will do a walk-thru on the way to closing to be certain the property is in the condition agreed to in the cont...
04/08/2009
It is against the law in NJ for an agent to give back a portion of commisssion or to purchase an expensive closing gift for any client. Are you are looking for a buyer's agent to "add value" with knowledge and expertise or just money back to you? A valuable agent will get you the best possible pr...
04/04/2009
The removal of the tank is a negotiable item. It would seem a good idea for the owners to remove an abandon tank but it is not "law". If you are seriously interested in the home your agent needs to make the offer contingent on the removal of the tank. If the sellers refuse the request walk away f...
04/04/2009
It's a buyer's market. $280,000 on a $310,000 is not a low ball offer.  As a buyer you offer and pay what you feel the home is worth not what the seller feels their home is worth.  Your agent should help you determine the best price for a home and where to start in the bidding process.  My best a...
03/26/2009
to pick up a vacation home no more than .5 mile to the beach & under $300k. I have several pets (2 old dogs and 2 small parrots) so a condo may not work. Long Branch to Cape May, 2bedroom would be nice, 12 month usage, safe area please Any ideas? The down turn in the market has provided a great o...
03/23/2009
Real Estate agents primary work for the seller in an open house situation. When you walk into an openhouse you are not represented however the agent there may, after discussion with you, represent you as a dual disclosed agent which means he/she must remain fair and impartial to each of you. This...
03/23/2009
Open houses have a lot to do with the listing location and price range. I'm not a big fan of open house myself. I feel they are a source of business for Realtors and rarely sell the actual home being open housed as well as give reason for a lot of nosey neighbors to look at your stuff. That being...
03/19/2009
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CamilleMiller

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A Q&A style postings. Questions are asked from actual consumers through our website JustJerseyRealEstate.com and other social media outlets about the real estate market in NJ. Feel free to contact me directly with your own question or FOLLOW ME on Twitter @ItsJersey2Me for real time activity updates.