Interested in buying foreclosure house in somerset/Edison area in near future how do I find 4losure specialist

Asked by Sv, 08854 Sat Mar 28, 2009

looking for some guidance around foreclosure..

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5
Vishal Maher…, , New Jersey
Thu Jun 24, 2010
Dear Sv,

Will be more than happy to assist you.
Please contact me at my Cell# 732-277-9321 for more information.

Thanks,
Vishal Maher
Richa Realty

P.S. Search properties on your own at http://www.vishalmaher.com
Web Reference:  http://www.vishalmaher.com
0 votes
Michael Adams, Agent, Belle Mead, NJ
Tue Jun 15, 2010
It's hard to add to Victor's response. "Don't get duped into just signing up to a realtors website that will only put you on the spam lists, you can search most MLS's directly using a public link or just pick an agent to work with and they will send you custom search results."
0 votes
Victor Kamin…, Agent, Edison, NJ
Thu May 20, 2010
Looks like a question that may have been seeded by an agent, usually the case when it's the only questioned asked or answered by a poster on this site.

In any event I'll bite and post my ad ;-)

By all means contact me or anyone at my office, we all work together very closely at Jersey Brokers. Unlike many other places where agents fight over deals and keeping secrets, we like to help each other and learn from each other, there is enough work to go around.

When dealing with short sales it's very important to make sure you are working not only with an agent that claims to be an expert because they took a 3 hour class and pay a yearly due for a designation. The proof is in the pudding I like to say. The agent should have successful experience actually taking such deals to closing, many of them never get that far and due in part to the agents lack of experience or real know how.

Dealing with foreclosures is similar, however it depends at what stage. Are you looking for houses on the auction block or those already bank owned which are available for sale. These are the best ones to get because they are usually already priced aggressively and offer clean title vs. foreclosures where a buyer takes on many risks, such as the current owner wanting the property back by getting caught up with their deficiencies, in NJ they are allowed 2 years, check your states foreclosure laws. In addition a buyer may be held responsible for any owed back taxes, sewer and water bills, mechanics liens, etc.

When buying HUD owned homes, these properties have many of the same characteristics as foreclosed homes however cannot legally be called foreclosures. These properties come with clean title and usually funds allotted to address hazardous condition remediation. Only a HUD registered broker can assist a buyer with purchasing a HUD owned property. We are a HUD registered agency.

To search for HUD homes for sale in your state search here: http://portal.hud.gov/portal/page/portal/HUD/topics/hud_homes

There are also many REO / Bank Owned homes which have already been foreclosed available on the MLS, contact an agent experienced with these sales as well.

Don't get duped into just signing up to a realtors website that will only put you on the spam lists, you can search most MLS's directly using a public link or just pick an agent to work with and they will send you custom search results.

Hope this helps others with similar questions.

Victor Kaminski
Broker of Record
Jersey Brokers
2056A Lincoln Hwy. (Rt.27)
Edison, NJ 08817-3330
Office: 732-650-9911 Ext.302
Cellular: 908-884-5757
http://www.JerseyBrokers.com
0 votes
Tomasz Mucha, , 07726
Sun Mar 29, 2009
Middlesex County MLS have many listings which are bank own ( mostly from Countrywide Home Loans or Chase bank own property's ) ,also I provide list of homes from VA, HUD, Freddy Mac and Fannie Mae.
Please call me I will try to help you with all your real estate needs.

Tomasz Mucha
Broker/Associate
Keller Williams Realty
Manalapan NJ 07726
Cell# 848-218-0621
0 votes
Mary McKiern…, Agent, Birmingham, AL
Sun Mar 29, 2009
You can register on my website choosing the foreclosure selection. Then you will automatically receive new listings Bank Owned.
http://www.mmckiernan.remax-nj.com
0 votes
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