I just wanted to know are you looking strictly in Edgewater or are you also looking in the surrounding areas.
If you are looking only in Edgewater it would be a little tough to find a home in that area. However, you may be able to find a condo near your price range. I would suggest to get pre-approved to show the sellers that you are a serious buyer. There is a lot of inventory in Edgewater so for you it is a buyer's market for now.
So the first thing you should do is get pre approved if you have not done that already. Another good reason for that is to know what your price range is without ending into foreclosure.
I hope this helps you.
If you have any other questions feel free to let me know.
If you are not currently working with someone, please drop me a line. I'd be happy to follow up with you and provide you with the information.
I am a certified distressed property expert, so I can guide you with the purchase of this type of property.
RE/MAX Gold Coast Realty
(201) 795-5200 xt 332
Fort Lee Office