Munish Sawhney

Hello,
The only aggravation is the time you have to wait for the bank's to make a decision. In todays real estate market you can get good deals.
You can actually hire an attorney to represent you. to get a list od Short Sale properties, check the link below.
Here is the information for a short sale specialist
Mr. Charles M. Damian (Lawyer)
973-890-7677

Thanks
Munish
munish@kw.com - Tue May 13 2008, 08:54

Hello Karen,
Please let me know what do you mean by foreclosure home?
Are you looking to buy a home at a discount (then its called A Short Sale)
If you are looking to buy Bank Properties (then its called A Foreclosure)
remember all Foreclosurs are not discounted but almost all short sale properties are.
You can call a are Short Sale Specialist and they can help you.
I deal with several of these properties. See the list below.

Thanks and all the best
Munish
munish@kw.com

Pictures, comparables available on request

AVAILABLE STRAIGHT STREET (PATERSON) – LARGE TWO FAMILY



ASKING PRICE
$ 260,000

EST RENOVATION COST
$ 5,000

ESTIMATED ARV
$ 325,000

LAST SALE
$ 350,000 (2005)

LAYOUT
3BD/1BA x 3BD/1BA FULL BSMT

TAXES
$ 3,000 (2006)

LOT SIZE
25x100




AVAILABLE VAN HOUTEN AVENUE (PASSAIC PARK) – SINGLE FAMILY/CORNER LOT



ASKING PRICE
$ 325,000

EST RENOVATION COST
$ 5,000

ESTIMATED ARV
$ 400,000

LAST SALE
$ 425,000 (2005)

LAYOUT
4BD/2BA FULL BSMT

TAXES
$ 7,800 (2006)

LOT SIZE
50x85




AVAILABLE DEVOE AVENUE (SPOTSWOOD) – LARGE SINGLE FAMILY



ASKING PRICE
$ 275,000

EST RENOVATION COST
$ 5,000

ESTIMATED ARV
$ 350,000

LAST SALE
$ 375,000 (2006)

LAYOUT
4BD/2BA FULL BSMT

TAXES
$ 6,300 (2006)

LOT SIZE
100x100




AVAILABLE ORCHARD STREET (ELMWOOD PARK) – MASSIVE SINGLE FAMILY



ASKING PRICE
$ 450,000

EST RENOVATION COST
$ 0

ESTIMATED ARV
$ 525,000

LAST SALE
$ 540,000 (2006)

LAYOUT
6BD/2BA, 2 ZONE A/C

FULL BSMT

TAXES
$ 6,800

LOT SIZE
38x100




AVAILABLE DEWEY STREET (NEWARK) – 3 FAMILY (4 GARAGES)



ASKING PRICE
$ 260,000

EST RENOVATION COST
$ 20,000

ESTIMATED ARV
$ 300,000

LAST SALE
$ 360,000 (2006)

LAYOUT
U1:2BD/1BA, U2:4BD/2BA, U3:2BD/1BA

4GAR(DET), FULL BSMT

TAXES
$ 3,500

LOT SIZE
50x100




AVAILABLE JERSEY AVENUE (MIDDLETOWN) – LARGE SINGLE FAMILY



ASKING PRICE
$ 300,000

EST RENOVATION COST
$ 0

ESTIMATED ARV
$ 350,000

LAST SALE
N/A

LAYOUT
4BD/2BA

TAXES
$ 5,000 (2006)

LOT SIZE
65x100




AVAILABLE SOON NORTH CLINTON STREET (EAST ORANGE) – LARGE ONE FAMILY WITH 4 GARAGES



ASKING PRICE
$ 170,000

EST RENOVATION COST
$ 20,000

ESTIMATED ARV
$ 270,000

LAST SALE
$ 245,000 (2005)

LAYOUT
5BD/2BA

4GAR(DET), FULL BSMT

TAXES
$ 5,300

LOT SIZE
50x110




AVAILABLE SOON CHELSEA AVENUE (NEWARK) – LARGE TWO FAMILY WITH 2 GARAGES



ASKING PRICE
$ 190,000

EST RENOVATION COST
$ 10,000

ESTIMATED ARV
$ 280,000

LAST SALE
$ 300,000 (2007)

LAYOUT
3BD/1BA, 4BD/2BA

2GAR(DET), FULL BSMT

TAXES
N/A

LOT SIZE
38x100




AVAILABLE SOON FRONT STREET (SCOTCH PLAINS) – SINGLE FAMILY



ASKING PRICE
$ 260,000

EST RENOVATION COST
$ 5,000

ESTIMATED ARV
$ 350,000

LAST SALE
N/A

LAYOUT
3-4BD/1.5BA FULL BSMT

TAXES
$ 5,000

LOT SIZE
65x125




JUST SOLD COLUMBIA AVENUE (NEWARK) – 3 FAMILY (2 GARAGES)



ASKING PRICE
$ 135,000

EST RENOVATION COST
$ 70,000

ESTIMATED ARV
$ 300,000

LAST SALE
$ 330,000 (2006)

LAYOUT
U1:4BD/1BA, U2:4BD/2BA, U3:1BD/1BA

2GAR(DET), FULL BSMT

TAXES
$ 3,200

LOT SIZE
38x100




Thanks, - Mon May 12 2008, 05:26

Hello Lorraine,
Thats a great question.
In todays changing Real Estate market, the foreclosure homes are soaring in every area.
The best place to look for these are as follows:
1. Local Newspaper - under public notice and Sherrif sale
2. Local REO specialist realto
3. County Sherrif's Office notice board
3. Many local and national website - see the link below for Hudson County

I hope this information was helpful

All the best

Munish
munish@kw.com - Wed May 7 2008, 06:19

Hello Luis,
I have been very sucessful with out of town buyers.
I think you need to understand your product and find out what woulk be more likely type of person to buy this. Then you can buy a list for that category of people and start a email campaign to market your property.
You can also call some corporate & relo specialists that are moving people into your area.
Dont forget the International buyers as other currencies are stonger against $ and gives them a better buying power.
All the best
Munish
munish@kw.com - Fri May 2 2008, 14:42

Hello Lauren,
Gina gave you a great website for details.
you can also search the website attached.
I am familiar with Ogden Street and have sold a few units there plus i have a frien Lance who lived there with his wife and two daughters for 3 years. They were very happy there. its quiet and has great new york views.
All the best
Munish
munish@kw.com - Wed Apr 30 2008, 06:06