Foreclosures in Bridgewater,NJ

Asked by Sam, New Jersey Fri Oct 29, 2010

I would like to find out how big and affordable is market for foreclosured homes in Bridgewater. I will be also greatful if someone can explain to me in details how is whole process structured and how is recently development in foreclosures processing affecting whole process.
Thank you in advance.
Sam

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3
Lyle Wolf, Agent, Morristown, NJ
Sat Dec 18, 2010
Sam

You may find the following articles helpful:

"The 4 Foreclosure Related Real Estate Opportunities"
http://www.trulia.com/blog/lyle_wolf/2010/11/the_4_foreclosu…

"What Every Buyer Should Know About Short Sales"
http://www.trulia.com/blog/lyle_wolf/2010/08/what_every_buye…
0 votes
Marc Pollak, Agent, Basking Ridge, NJ
Wed Dec 15, 2010
Sam,

I just ran a search on Foreclosures in Bridgewater and came up with a large list of 200 homes. The website was: http://www.searchhomesincentralnj.com/listings/minprice/1000…

It shows homes from $105,000 - $1,199,999 in price order. Some may not be listed on the MLS and might be getting marketed privately.

Hope this was helpful

Marc Pollak
Sales Associate
Keller Williams Towne Square
http://www.blackbeltrealtor.net
0 votes
Hi, Marc:

I am looking for the exact information (short sale, REO) in Bridgewater and surrounding areas, the link above does not seem to work, Can you please email me some list of foreclosure and / or great deal (cash deal is ok) I am very flexible, (for example, I don't like gated community or has to be new) Our range is from 300k to 700k,

TIA,

Noah noah.luk@gmail.com
Flag Sun Jul 7, 2013
Jeanne Feeni…, Agent, Basking Ridge, NJ
Wed Nov 17, 2010
Hi Sam, I see that no one has responded - so let me take a stab at this. My comments will be limited to properties currently listed actively in the MLS. There are a total of 232 active listings in Bridgewater, of those 25 require lender approval. This category is meant to specify that the sale must be approved by the lender because it is either a short sale or bank owned property. The prices range from a low of $99,900 to a high of $929,000, but only two are over the $500,000's. The distressed market's reach is broad.

Short sales can be complicated and uncertain, and often take a long time. Bank owned properties are more manageable and a sale can generally be consummated in a normal 60-90 day period.

If you would like a list of listed properties in Bridgewater which require lender approval, contact me and provide your email address and I will be happy to provide it to you.

Best,
Jeanne Feenick
Unwavering Commitment to Service
Web Reference:  http://www.feenick.com
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