Posts filed under ‘Short Sales’

Watchung Colonial Home Listed at Only $240,000

442 Watchung Ave Watchung, NJ
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MLS# 2820045
$240,000
3 Bed, 1 Bath
442 Watchung Ave
Watchung NJ, 07069
EXIT 24/7 REALTY
Exit 24/7 Carl Anthony Porambo
Exit 24/7 Carl Anthony Porambo
EXIT 24/7 REALTY
9087540111


March 25, 2011 at 1:00 pm 2 comments

Colonial Duplex Town Home in Sparta Meadows

PRESENTED BY: EXIT 24/7 REALTY:

 A modern Colonial Town Home in Sparta Meadows, Sparta New Jersey, listed at only $300,000

Call Carl Porambo at 908-334-1475 or email carl@exit24-7.com

Sparta Colonial Duplex

February 22, 2011 at 1:18 pm Leave a comment

Three Tips to Help Sell Your Home

December 20, 2010 at 6:47 pm Leave a comment

Where Home Prices Are Falling Dramatically

The rising tide of Foreclosures and mortgage delinquencies affecting the market are depressing home prices at a more rapid pace than previously predicted.

The net effect will be more homeowners underwater, which will lead to more foreclosures, which will lead to even lower prices…which places the battered housing market on a round-a-bout with essentially no exit.

There will come a point in which DRASTIC measures will be the only solution to clearing inventory. Whether that will be practically giving homes away, say selling them for pennies on the dollar, or wiping out existing mortgages and restructuring them to fit a homeowners current income (DTI).

Or perhaps even creating habitats for homeless, terminally ill patients, special needs individuals, Etc. But something very drastic will need be done in order to stem the vicious cycle of exponential price and sales decline.

With rising unemployment and the continuing loss of purchasing power, less and less would-be buyers will be able to purchase a home. Therefore, the existing, foreclosed and shadow inventories will keep piling up- numbering close to 15 million units by 2012, if swift and meaningful action is not taken.

December 14, 2010 at 8:01 pm Leave a comment

Labor Data suggests that hiring may soon pick up

 

The latest DoL data suggests that companies may soon accelerate  the hiring process.

December 9, 2010 at 4:11 pm Leave a comment

Can Fixer-Uppers Work for First-Timers?

One common way that buyers often find a good value is by buying a fixer-upper, which is basically an existing home that needs some work. Sometimes these dwellings could just use some tender loving care, Other times, though, they need more serious rehabilitation.  So the question is: Are fixer-uppers a good idea for someone who’s new to homebuying and homeownership?

http://realestate.aol.com/blog/2010/09/28/can-fixer-uppers-work-for-first-timers

November 1, 2010 at 2:39 pm Leave a comment

N.J.’s exit tax

N.J.’s exit tax: So baffling, even officials can’t explain it…

If you thought New Jersey’s jughandles were confusing, try wrapping your head around the state’s “exit tax.”

http://www.nj.com/business/index.ssf/2010/10/nj_exit_tax_has_real_estate_at.html

October 18, 2010 at 6:05 pm Leave a comment

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