1. Korean RE agents got summons for short sale fraud Acc to The Korea Times (한국일보), about 10 agents for short sale fraud in EC, Palisades park, Fort Lee, etc Some agents pleaded guilty and in process of pre-bargain Agents secretly agreed to damage the property and lower the value à purchase it through dummy buyer → flipping and selling higher price 2. K Town in Manhattan (32nd St) is...
by stephenlee 1. State Government will boost support to local towns River Edge will get 157% increase to $1.93M / Ridgewood will get 41.7% increase Closter→7% / Tenafly→36.6% / Palisades Park will get only 3.1% increase Ridgefield→2% decrease / Leonia→1.2% decrease Overall, State will increase 4.3% support to $8.5B for 577 school districts Intension is to reduce property tax increase, but opinion is...
by stephenlee 1. Edgewater rent is highest in Bergen county, NJ Based on ACS data between 2012 – 2016 of town of which Renter ratio is over 60%. Edgewater Median Rent:$2174 (68.7%)→#1 Hoboken: $2001 (61.9%)→#2 Palisades Park: $1401 (67.4%)→#5 East Rutherford:$1386 (62.3%)→#6, Weehawken:$1382 (66.6%)→#7 Hackensack:$1318 (64.7%). New Jersey median rent: $1213→#5 in US 2. Korean Massage worker...
by stephenlee