FAQ'sA List Of Common Questions
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Who is Hudson Realty Group?
We are experts in real estate along New Jersey’s coastline bordering Manhattan. Our attention is primarily focused upon real estate activity and sales in Hoboken, Jersey City, and Weehawken. We are licensed realtors who work under a broker: Halstead Property NJ LLC.
When can I start viewing properties?
We recommend coming in for a meeting to discuss your specific real estate needs before you begin your search, after which we can set up appointments for you to see properties within 24 hours. If you call us for a specific property, we can usually schedule showings for the next day.
How long will it take me to find the right home?
We work with customers for as long as they need to make an informed decision. For many people, buying a home is the most expensive purchase of their lives and we make sure they are comfortable and confident in their choice before they make an offer on a property. The average for most people is 12-15 showings, but it is not uncommon to find “the one” after seeing only a few properties.
What do I do if I see a property online, in a newspaper, or if I drive by a sign?
Call us! We can show you any property that is listed on the Multiple Listing Service. In this highly competitive industry, well-informed sellers know that a property will attain the highest market price by being listed in the MLS. If a property is not listed, we can find information on the property that is not available to the general public.
Do I need to be pre-qualified to buy a property?
Yes, as a matter of practice we require a pre-qualification or pre-approval letter to present with all offers. You can obtain a pre-qualification letter through a mortgage consultant. We can also recommend a mortgage consultant if needed.
How do I find a mortgage consultant, a real estate attorney, or a qualified home inspector?
After many years and thousands of real estate transactions, we have compiled a thorough list of professionals who we recommend on a regular basis. If you call or email us directly, we can provide you with their contact information.
Once I find the right property, how do I make an offer?
In order to make an offer we will need a check for $1,000, as a good faith deposit which is fully refundable, a copy of your pre-qualification letter, as well as the amount of your offer, your preferred closing date, and your total down payment. We review all documents and explain the procedures with every customer prior to submitting an offer.
How much should I offer?
There are many factors to consider when making an offer on a property. We advise our customers according to the relevant factors regarding each respective property, so that they make the most informed decision possible.
How much of a down payment will I need?
There is no predetermined amount of down payment that is required to buy a property. Your down payment will vary depending on your financial position, credit history, and the mortgage products that are available at the time. We recommend that you speak to a mortgage consultant, please contact us for a professional referral.
What is the time period between an accepted offer and a closing?
The usual time from an accepted offer to a closing is normally between 30 and 60 days.
How do realtors get paid?
Realtors are paid from commission that is part of the sale price of a particular property. This commission is usually negotiated with the seller of the property and is established before a property is listed for sale.