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Currently serving as a Director, Secretary and Chairman for the Education Committee of the Meadowlands Board of Realtors, Carlos “Alex” Jesus, passed the NJ Real Estate exam in 1996 &, immediately started working as a dedicated agent. Soon Alex realized that the key to better serving his clients was high professional standards & professional education. He knew that the basis to his growth & success would come from the trust & confidence he developed with his customers. Over the years, his work ethic remains top notch & his growing staff of dedicated professionals are considered by many as the best in the business.
In 1998, Alex achived his first professional designation as an "ePRO' Internet Proficient in Real Estate. Later that same year after continuous education, Alex is awarded one of the most prestigious professional designations in the Industry: "CRS" Certified Real Estate Professional. In 1999, Alex upgrades his license status from Real Estate agent to Real Estate Broker. In the year 2000 as a result of his accomplishments, Alex is invited to the "RECS" Real Estate Cyberspace Specialist Society. In 2002 he obtains another professional designation “ABR” Accredited Buyer Representative. 2004 is the year Alex graduates from the Realtor Institute & obtains the “GRI” status that he’s so proud of.
As the challenges in our industry keep growing and changing every day, Alex is a professional that understands the industry and is motivated to stay ahead of its curve, using innovative techniques and marketing ideas to transmit and help his clients/customers ease their way thru the Real Estate transaction.
Service and genuine care to his customers is what has brought him his success. Year after year Alex has been recognized by local Realtor Boards & by the NJ Association of Realtors for professionalism and production.
Alex feels and understands that the beauty of our land and the value of our people make this a very desirable place for us to live in. Here, as nowhere else, you have unmatched and wonderful opportunities for families to plant & grow roots, for business to flourish, and for life long dreams to come true.
From the very beginning of his career in the Real Estate field he has dedicated himself to help both Clients & Agents put down those roots and help find their dreams. That WILL NEVER CHANGE!
"We all know the market is tough out there, and I have experienced that real estate agents do not spend much time with you after the transaction (in my case the sale of my house). Alex was from the beginning my best experience in real estate yet. (we've both and sold 2 homes & refinance once). We have defenitly found our Realtor(R) for life."
Margarita and Angel, S. Kearny. NJ Thu May 15
Alex Coelho's Questions (1)
Alex Coelho's Answers (11)
Hi Noreen,
My colleagues already gave you great answers and ideas, I just would like to touch on another subject, credit restoration. Sometimes we postpone the purchase of a home because we have less than perfect credit, and the cost of borrowing just goes thru the roof. If this is your case, or somebody you know, there is now an easy solutions worth your time investigating it. Credit Restoration. There is this Non-Profit Credit Union that got my attention and I’m recommending everyone to research them. They do an incredible job restoring credit and FICO scores go up an average of 127 points p/ person.
Check it out! - Sat Jun 28 2008, 15:24
Hi Christopher,
With no obligation, you can come in to my office, either in Kearny or North Arlington, and we will be glad to show you all the recent comparables.
You wil then have a realistic idea of the market value of the condominium, I'm sure you do not want to overpay. - Mon Jun 9 2008, 06:40
Hi Kristen,
I do not totally disagree with my colleague, but I do not feel so strong about it.
Depending on the area you want to buy, it is quite common for sellers to help buyers with closing costs (usually up to 3% of the sales price)
This helps a great number of buyers with the cash flow for the "little things" after the closing. There is always something you want to change in the home, or new furniture you need to buy, where that money can go.
Assistance for down payment from the seller is against RESPA compliance and not allowed.
Best of luck! - Mon Jun 9 2008, 06:29
Hello Laura,
Short sale can be a great way to buy a home for substantially less than market value. Same issues to consider:
1. The bank (mortgagee) does not own the home, the mortgagee will need to approve the sale of the property, because they will be receiving a lesser amount than the lien they are holding; and the purchaser wants, obviously, to receive clear and marketable title.
2. The owner of the property must sign the contract of sale, without the sellers signature there is no sale. The current owner will own the property until the bank successfully foreclosures on the property. Ultimately, the seller gets $0 at time of closing. This is the reason that most sellers will sign the contract for whatever price the buyer is offering.
3. The mortgagee will check for market value. The bank will not authorize the sale at any price. They will first ask for 2 or more BPO’s (broker price opinion) or even an appraisal to be done on the property. If the difference between the current market value and the offered price is high, they will, most likely, ask for a higher offer (counter offer)
4. Unless the buyer has a signed authorization from the seller, and transmitted it to the mortgage, the mortgagee will not talk to the buyer. This is Federal law.
5. The buyer should not be speaking with the mortgagee directly, anyway. There’s no direct benefit to the buyer. The buyer should instead get a proficient Realtor® with short sale experience, or an attorney with experience in short sales; most attorneys do not have that experience. That is just my opinion.
6. Short sale is not always the best solution. O true professional Realtor® and most attorneys, if the homeowner want to keep the house, should have the “know how” to negotiate with the mortgagee, and defer the outstanding balance to the back of the loan, and may even be able negotiate a lower monthly payment for the homeowner. The homeowner will in essence start fresh, but should not be late again within the next year. Most banks are open to that venue as well.
Wish you the best of luck! - Sat May 24 2008, 12:18
Short sale can be a great way to buy a home for substantially less than market value. Same issues to consider:
1. The bank (mortgagee) does not own the home, the mortgagee will need to approve the sale of the property, because they will be receiving a lesser amount than the lien they are holding; and the purchaser wants, obviously, to receive clear and marketable title.
2. The owner of the property must sign the contract of sale, without the sellers signature there is no sale. The current owner will own the property until the bank successfully foreclosures on the property. Ultimately, the seller gets $0 at time of closing. This is the reason that most sellers will sign the contract for whatever price the buyer is offering.
3. The mortgagee will check for market value. The bank will not authorize the sale at any price. They will first ask for 2 or more BPO’s (broker price opinion) or even an appraisal to be done on the property. If the difference between the current market value and the offered price is high, they will, most likely, ask for a higher offer (counter offer)
4. Unless the buyer has a signed authorization from the seller, and transmitted it to the mortgage, the mortgagee will not talk to the buyer. This is Federal law.
5. The buyer should not be speaking with the mortgagee directly, anyway. There’s no direct benefit to the buyer. The buyer should instead get a proficient Realtor® with short sale experience, or an attorney with experience in short sales; most attorneys do not have that experience. That is just my opinion.
6. Short sale is not always the best solution. O true professional Realtor® and most attorneys, if the homeowner want to keep the house, should have the “know how” to negotiate with the mortgagee, and defer the outstanding balance to the back of the loan, and may even be able negotiate a lower monthly payment for the homeowner. The homeowner will in essence start fresh, but should not be late again within the next year. Most banks are open to that venue as well.
Wish you the best of luck! - Wed Apr 9 2008, 09:24
Hi,
Your price range is fine for a 3bed in Montclair. Finding the perfect home, however, does require a little investment of your time. There's many tools you can use to simplify your search, save you time and effort.
We have a site called "Buyer Scouting Report" that let's you search, without ads or pop-ups, and gives you all the information about the properties.
Another way that you can easily find and select the homes that fit you, is by receiving daily emails of the new properties, as they come on the market.
If you're not currently working a Realtor(r), and would like more information on the services I've mentioned, just send me an email. You will receive some links back with more information.
You can also use the attached link for the scouting report.
Wish you much success and may you find your dream home soon. - Wed May 21 2008, 09:13
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