Is the End of the Year A Good Time To Buy A Foreclosed House in NJ?

Buy Foreclosed House In Nj

If you’re in the housing market, you know that buying a foreclosed home in New Jersey can open doors to significant profits. But before you start searching for a foreclosed home in Bayville, make sure you’re making a good decision. Here are some great factors to consider before buying a foreclosed house in NJ at the end of the year.

More Properties As Foreclosures Resume

In New Jersey, the moratorium on foreclosures that has been in place since the start of the COVID-19 pandemic has ended. While this doesn’t translate to immediate foreclosures, keep in mind that the market will likely see many more foreclosed properties for sale in the future! If you’re looking for the perfect property, you can likely wait while you have a real estate agent keep an eye on properties that match your criteria for the perfect home.

Loan Prices Won’t Last

While the foreclosed home market is likely to expand, low rates on loans and mortgages likely won’t last! The best real estate agents in Bayville know that a good loan can be the difference between affording a new home and missing out, so make sure you keep your finances in mind when you search for your next foreclosed home in NJ. Act now to take advantage before they disappear!

Deadlines Mean Faster Sales

As if good properties weren’t already selling for cash over offers, deadlines such as “the end of 2021” can make sales move even faster. Don’t drag your feet if you find a great foreclosed home in NJ—call a real estate agent immediately to help you plan and complete your sale.

Are you ready to find a great deal on a foreclosed home in NJ today? Don’t wait for your opportunity to pass you by—call Sheldon Neal, That British Agent, today!

How The Best Realtor in NJ Helps You Find the Perfect Property

Best Realtor In Nj

If you’re in the market to buy a new home, commercial investment building, or property in Aberdeen, NJ, you already know you have a lot of choices. Do you want something move-in ready, or something you have to develop? Do you want a busy location, or something up-and-coming? No matter what your needs are, a skilled Realtor in NJ can help you to find the perfect property. Keep reading to find out how!

Working on a Budget

Hopefully, you have an idea of your purchase budget before you start searching for homes. Are you looking for a starter home or small retirement home, or a mansion that is big enough for the extended family? Is a backyard swimming pool a must, or are you living with a disability that would keep you from using stairs? No matter what your unique needs are, your real estate agent in New Jersey will help you find homes that fit your budget and specifications, speeding up your home search process.

Unlisted Secrets

Many people think they can find homes and property for sale in NJ on their own, and they aren’t completely wrong. Public listings are easy to access, and many new home-searching apps make it even easier. But your real estate agent is likely to have access to unlisted properties, private sales, and so much more—and asking for help from a great realtor is an easy step anyone can take!

Financing Your Purchase

Just like searching public listings, you can certainly find your own bank to help with mortgages or other loans. But if you don’t have a great lender in your pocket, why not take a referral from your real estate agent? Unlike buyers, who usually only buy a new home a few times in their life, real estate agents buy and sell homes all day, so we know the best deals and the most reliable lenders. Your real estate agent is the perfect resource for the best rates!

Next time you’re looking for a great real estate agent in New Jersey, start with the best and call the expert team with That British Agent! Sheldon Neal and his team of realtors in Aberdeen have helped connect hundreds of homeowners with the perfect property for them, and are waiting to help you buy the best house near you!

Should You Buy a Lot for Sale Near You, Or A Foreclosed House? Experts in Real Estate Share!

Real Estate Agent In Andover Nj

If you love a good bargain with a high chance to earn some profit, you may be wondering whether to buy a lot for sale near you, or a foreclosed house in New Jersey. Which will be the best bet for your money? It depends on a lot of different factors. Keep reading for expert opinions from real estate agents in Andover!

Buying a Foreclosed Home

A foreclosed home can come with deep cost savings, but higher costs needed to make it sellable. The condition can vary greatly! For example, some foreclosed homes may need only cosmetic repairs, such as replacing carpet, painting walls, and tidying up a yard full of blight. Others may require major work, especially if there has been negligence. Water damage, mold, and collapsing structures can cause your fix ‘n flip budget to skyrocket! In some cases, you may plan to demolish the old structure entirely and start from new, which can require a lot of time for permitting and construction.

Investing in a Lot for Sale

Is a vacant lot a better choice? Again, it varies greatly. Make sure to talk with your real estate agent in Andover top find out how developed the land you are interested is going to be, because again, this can lead to high costs! Building a home from the ground up is a pricey project anyway, but if you have to go beyond this construction and accommodate installation of sewer systems, gas lines, or other municipal hookups, you could be preparing for a huge project. On the other hand, you may be interested in purchasing the lot to sell to developers for a housing complex or commercial project. Make sure your plot of land meets your needs.

How do you decide which task is best for you? Start by thinking of your end goal, what you want to do with the property. Then, call the best real estate agent in NJ for advice and property availability. They want to help you meet your home purchase goals, so make sure to share the details!

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RE/MAX Real Estate Limited are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last update: 06/05/18.
Source: New Jersey Multiple Listing Service, Inc