Top Foreclosure Contract Mistakes

Often times, when I’m working on contracts with another party (agent or buyer), there are some misunderstandings as to how the contract procedure goes. Below are top contract blunders. Of course, mistakes happen, but unfortunately, they do delay the contract process. This isn’t about pointing out someone’s mistakes, but merely trying to educate so we…

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Help Your Real Estate Agent Help You

Many years ago, before the internet became the new normal, an agent had to hit the streets and the phones to look for business. Fast forward to today, and everything is on the internet for anyone that has the ability to access it. I know what you are thinking…. why should I help my agent?…

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Buying a HUD Owned Home

What is a HUD Home? A HUD home is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim. Who Can Buy a HUD Home? Anyone who has…

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The Short Sale

Everywhere I turn and hear a short sale story… it always seems that it is a bad one. Our society has taken on a whole meaning of its own in regards to a short sale. It’s become a dirty word. And for the life of me, I really don’t understand why.  Shorts sales (see my…

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Pitfalls of Buying a Foreclosure

There are of course pitfalls to most things in life and buying a foreclosure is no different. When you are buying a home in general, the buyer needs to be aware of certain things pertaining to buying a home. It’s a big investment for anyone, whether it’s your first home or 100th home. In a typical…

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Short Sale vs. Foreclosure

After a lot of nudging from my staff, more specifically, my marketing manager, I have finally decided to write a blog about foreclosures in New Jersey. Much of my hesitation was- does anyone really want to hear what I have to say? Day in and day out, my staff listen to me speak to customers,…

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