All Forum Posts by: Jessica Zolotorofe

Is there an equalization ratio in Ohio?

Try Aaron Morse at 1st Lincoln or Chris Keelin at Family First Funding. Message me if you need contact info. 

Some towns will issue a temporary CO or CCO listing the things that have to be done in order to transfer title and they’ll give you a certain time frame after purchasing to complete. Most lenders are ok with that. 

Ah you mean the title co as settlement agent. You can send it to them then. 

The title company doesn't have anything to do with the JV agreement unless the JV is an entity taking title but if it's just an agreement between you two, you can send it to him if you don't have an attorney and he can sign or have his attorney review, or whatever his plan is and then send you back a fully executed version for your files.

Depends on your budget, but JSQ is really tapped out. The Heights has a few left. West Bergen in JC is the next hot area. Union City, West NY and North Bergen have a few deals left, too. Bayonne is also worth looking into. I can give you some more info if you want to provide price parameters. 

Where are you located? What info are you looking for? Most towns have free access online. 

Great potential. @Vaughn Smith is an agent in Essex. He does a ton of work there. I’m sure he can give you some more insight. Good luck!

Hi Mariel! Lincoln 1st Bank is a portfolio lender that may have some options for you. I can find out or put you in touch with someone there. 

Chris Keelin at Family First Funding is another good contact. 

$15,000 may be a little tight for the NJ market. If you save a little more to put down and then still go with a lower downpayment loan, you can get something way more desirable in the $250-300,000 range.

Hi jay. What do you mean negotiations for rehabs? You would probably need a good agent to get the terms ironed out and price agreed upon before it got to an attorney. Of course there’s always some level of renegotiation after the inspections, but most contractors can estimate the costs of most of the work other than things not visible during the showing, so you know basically what you’re willing to pay and you agree on that number with your agent and the seller before an attorney gets near the file.