I'm slowly building a list of folks for April's discussion.No pitch, just meet, needs, greets, and each person is required to share 1 thing they learned about real estate the prior month.

Require a confirmation text 2 hours prior.

But capital gain/loss will be there depending on the basis of the property compared to the discharged debt ( not FMV). 

There is a comparable house that has sold for $10k less than the asking price of this home, and it was move in ready, slightly bigger, and a garage.

This puts me firmly at the top of the range unless I go out a bit further and compare with more upscale homes selling for 1.2m+.

We just switched carriers for our entire portfolio and went with realprotect.com- Julia Johnson.Cheaper premiums, lower deductibles, and full replacement coverage compared to what we had before.

Your agent has a fiduciary responsibility to do whats best for you so they should come to the appraisal with recently sold comparables to make sure the appraiser has the most accurate and updated information.4.

I know that MF properties are valued by the revenue it generates but I still want to compare since we are reaching out directly to owners and dont want to go in completely blindsided.

My impression  is that relative to house prices, property tax in Hoboken are not too high compared to other towns.

Paul,You typically pay 1 full year of home owners upfront (to the insurance company) than on top of that you will escrow between 3 to 5 months of taxes and insurance upfront.You mentioned flood insurance as well so first year  would need to be paid in full prior to closing to provide evidence the insurance has been bound.