Don’t Miss Out on Bargains! These HUD Owned Homes Have Been SOLD!
Get Your Offer In! Get Your Own List of HUD Owned Home. Don’t loose out on another deal.
 |
1037 Hamilton Dr, Vineland, NJ
Listed At: $195,000
Sold At: $155,000
SAVED
– $40,000 |
 |
12 Prichard Ln, Sicklerville, NJ
Listed At: $140,000
Sold At: $125,000
SAVED –
$15,000 |
 |
256 New York Ave, Newfield, NJ
Listed At: $116,000
(Appraised at $145,000)
Sold At: $100,000
SAVED –
$16,000 |
 |
314 Oxford St, Vineland, NJ
Listed At: $72,000
Sold At: $53,000
SAVED –
$19,000 |
 |
35 Colgate Rd, Atco, NJ
Listed At: $148,500
(Appraised at $165,000)
Sold At: $125,000
SAVED –
$23,500 |
 |
3803 Tall Pines, Pine Hill, NJ
Listed At: $113,000
Sold At: $85,000
SAVED –
$28,000
|
 |
434 La Cascata, Clementon, NJ
Listed At: $55,000
Sold At: $47,500
SAVED –
$7,500
|
Want to find your own HUD owned home bargain? Don’t miss out on another one! Complete the form here or
call us at
609-417-1086.
Terry Iwaniw
============================
REALTOR Associate
ReSales & Investment Realty, LLC
http://www.terryiwaniw.com/
http://www.njhudsales.com/
Direct: 609-417-1086
Office: 856-795-3111 x263
============================
Tags: bargain homes, buying HUD homes, hud homes sold, HUD owned homes, real estate for sale
Are you looking for a bargain home? Then you may want to seriously consider purchasing a HUD owned home. Right up front, I have to state that some of these homes are not in the best condition. Some are in worse condition then others. But you may be able to find a hidden gem. Check out the current list of HUD owned homes we are marketing.
To better understand this you’d have to understand the process by which the Department of Housing and Urban Development (HUD) acquires these properties.
First of all, HUD does NOT foreclose on any home. HUD does not lend mortgage money but it does insure many mortgage loans. So, HUD owned homes are not foreclosed homes, in the strictest sense. HUD owned homes are properties that they acquire by paying off on a claim submitted by the mortgage lender after the MORTGAGE LENDER has foreclosed on the property.
At some point in time, this mortgage lender decides to file a claim against the FHA insured mortgage. They submit their claim to HUD and when HUD pays off on the claim, they acquire the property. The mortgage lender can’t get the benefit payment AND keep the asset. So, in return for receiving the payment they relinquish the property that they foreclosed on. Not all mortgage lenders will file an FHA claim. Many will try to sell the property if they weren’t able to sell the property at a sheriff’s sale/auction. That is the reason that some HUD acquired homes get into the condition that they are in. Mortgage lenders, while trying to sell these properties, do not do such a great job in keeping them maintained. They are usually vacant and anything of value has been removed. It is a rarity to walk into a HUD acquired property and find a refrigerator and/or dishwasher in the house. More times then not the mortgage lender turns over the property to HUD as it is.
So now, HUD has acquired the property. What happens next? Well, HUD sends its appaissor to the property to inspect and value the property. The valuation is done in it’s present condition. It is done this way because HUD will NOT do any repairs to the property except what is minimally needed to preserve the house from further damage. If there is a broken window, they will board it up. If the carpeting was removed, they will NOT replace it. If there is an oil tank in the ground, they will NOT remediate. There are certain cases where HUD will allow the purchaser to set aside (escrow) a certain amount of money to have minor repair issues to be done so that the home could qualify for an FHA loan. The appraissor also notes any and all damage that they can see and assign a dollar value to the repair. This isn’t done so that HUD knows how they’ll have to pay for repairs because HUD does NOT do repairs. What this total repair values denotes is if the property would be able to qualify for an FHA loan or not. HUD designates homes at 3 levels -
- Insured: There are no FHA required repairs needed to be done in order to qualify for an FHA-backed loan.
- Insured w/Escrow: The FHA required repairs total less the $5000 and HUD will allow the purchaser to borrow the extra money and put into escrow in order to insure that these repairs get done.
- Uninsured: The repair total is greater then $5000 and the home would not qualify for a standard FHA-backed loan. However, the purchaser would be able to apply for a 203K (Construction loan) or a Streamline K (similar to a 203K but with a $35000 limit) loans. These have different requirements and the purchaser needs to discuss these type of loans with their mortgage loan representative.
So, now you have a better idea of what you have to work with. The next series of steps involve submitting an offer (which is different then submitting an offer to a private owner) and after that you’ll need to know the steps you’ll have to follow after HUD accepts your offer.
If you are interested in purchasing any of these HUD owned homes, please don’t hesitate to give me a call.
Terry Iwaniw
REALTOR Associate
R & I Realty, LLC
Off: 856-795-3111 x263
Cell: 609-417-1086
http://www.snewjerseyhomes.com/
http://snjrealestate.ning.com
Connect On Facebook – http://profile.to/terryiwaniw
Tags: homes for sale in camden county, homes for sale in gloucester county, hud homes for sale, HUD owned homes
The I-Team Homes has been marketing quite extensively in Monroe Township NJ including the area of Williamstown. We provide housing market analysis for our clients.
The following is the most current data we have for Monroe Township :
For the month of May 2009 -
- New Listings Added in May – 61 (17.9% of the Total Listings on the Market of 341)
- Average asking price – $245,304 (101.9% of the Total Avg Price of $240,840)
- Properties that are Pending Sales (Under Contract, Not Settled) – 28
- Average Price: $214,760
- Properties that Settled in April – 24
- Average sold price – $231,510 (91.0% of average asking price)
- Average Days On Market: 73 Days
We can provide you with a complete and accurate market analysis for your home with an analysis of the market area it is located in. By knowing the value of your home you have a basis to start selling your home. If you want to know the value of your home and to receive a no-cost home evaluation, please call us at 609-417-1084.
For first time home buyers, purchasing your first home can be a very stressful experience. We can help eliminate that stress and help you through the process. We work closely with many first time home buyers and understand your concerns. First Time Home Buyer Programs, 0% and No Money Down Programs, Conventional, FHA, and VA Financing (To Qualified Buyers). Seller Assist with Closing Costs, New Homes Existing Homes in Great Neighborhoods, Fixer Upper Properties. We search all of Camden, Burlington, Gloucester, Salem, Cumberland, and Atlantic Counties. Go to http://www.homes4firsttimebuyers.com/
Looking for a fixer upper property? Willing to put in some “sweat equity” to buy your next home at a bargain price. Get a complete listing of fixer uppers in your area by going to http://www.bestfixerhomes.com/
If you are interested in HUD Owned homes currently for sale , go to: http://www.njhudsales.com/.
Are you behind on your mortgage? We can help you! We are the Foreclosure Prevention Consultants. We’ve been where you are now, don’t make the same mistakes we did. See what we can do for you at http://www.i-teamhomes.com/foreclosure.htm
.
Linda & Terry Iwaniw
REALTOR Associates
First Time Home Buyer Specialist
Foreclosure Prevention Consultant
ReSales & Investment Realty, LLC
856-795-3111 x263
609-417-1086
http://www.snewjerseyhomes.com/
Tags: buyers, housing market, monroe township, Real Estate, real estate market, sellers, williamstown
The I-Team Homes has been marketing quite extensively in Washington Township NJ including the area of Turnersville. We provide housing market analysis for our clients.
The following is the most current data we have for Washington Township :
For the month of May 2009 -
- New Listings Added in May – 86 (20.3% of the Total Avg Listings of 424)
- Average asking price – $263,450 (85.2% of the Total Avg Price of $309,260)
- Properties that are Pending Sales (Under Contract, Not Settled) – 26
- Average Price: $291,600
- Properties that Settled in May – 20
- Average sold price – $208,415 (92.0% of average asking price)
- Average Days On Market: 91 days
We can provide you with a complete and accurate market analysis for your home with an analysis of the market area it is located in. By knowing the value of your home you have a basis to start selling your home. If you want to know the value of your home and to receive a no-cost home evaluation, please call us at 609-417-1084.
For first time home buyers, purchasing your first home can be a very stressful experience. We can help eliminate that stress and help you through the process. We work closely with many first time home buyers and understand your concerns. First Time Home Buyer Programs, 0% and No Money Down Programs, Conventional, FHA, and VA Financing (To Qualified Buyers). Seller Assist with Closing Costs, New Homes Existing Homes in Great Neighborhoods, Fixer Upper Properties. We search all of Camden, Burlington, Gloucester, Salem, Cumberland, and Atlantic Counties. Go to http://www.homes4firsttimebuyers.com/
Looking for a fixer upper property? Willing to put in some “sweat equity” to buy your next home at a bargain price. Get a complete listing of fixer uppers in your area by going to http://www.bestfixerhomes.com/
If you are interested in HUD owned homes currently for sale , go to: http://www.njhudsales.com.
Are you behind on your mortgage? We can help you! We are the Foreclosure Prevention Consultants. We’ve been where you are now, don’t make the same mistakes we did. See what we can do for you at http://www.i-teamhomes.com/foreclosure.htm
.
Linda & Terry Iwaniw
REALTOR Associates
First Time Home Buyer Specialist
Foreclosure Prevention Consultant
ReSales & Investment Realty, LLC
856-795-3111 x263
609-417-1084
http://www.terryi.com/
http://www.snewjerseyhomes.com/
Tags: buyers, housing market, Real Estate, real estate market, sellers, turnersville, washington township
The I-Team Homes has been marketing quite extensively in Winslow Township NJ including the areas of Sicklerville and Cedarbrook. We provide housing market analysis for our clients. The following is the most current data we have for Winslow Township :
For the month of May 2009 -
- New Listings Added in May – 92 (17.2% of the Total Listings Currently on the Market of 535)
- Average asking price – $240,172 (104.2% of the Total Average Listing Price of $230,510)
- Properties that are Pending Sales (Under Contract, Not Settled) – 37
- Average Price: $210,910
- Properties that Settled in May – 33
- Average sold price – $190,350 (90.0% of average asking price)
- Average Days On Market: 77 Days
We can provide you with a complete and accurate market analysis for your home with an analysis of the market area it is located in. By knowing the value of your home you have a basis to start selling your home. If you want to know the value of your home and to receive a no-cost home evaluation, please call us at 609-417-1084.
For first time home buyers, purchasing your first home can be a very stressful experience. We can help eliminate that stress and help you through the process. We work closely with many first time home buyers and understand your concerns. First Time Home Buyer Programs, 0% and No Money Down Programs, Conventional, FHA, and VA Financing (To Qualified Buyers). Seller Assist with Closing Costs, New Homes Existing Homes in Great Neighborhoods, Fixer Upper Properties. We search all of Camden, Burlington, Gloucester, Salem, Cumberland, and Atlantic Counties. Go to http://www.homes4firsttimebuyers.com/
Looking for a fixer upper property? Willing to put in some “sweat equity” to buy your next home at a bargain price. Get a complete listing of fixer uppers in your area by going to http://www.bestfixerhomes.com/
If you are interested in HUD owned homes currently for sale , go to: http://www.njhudsales.com/.
Are you behind on your mortgage? We can help you! We are the Foreclosure Prevention Consultants. We’ve been where you are now, don’t make the same mistakes we did. See what we can do for you at http://www.i-teamhomes.com/foreclosure.htm
.
Linda & Terry Iwaniw
REALTOR Associates
First Time Home Buyer Specialist
Foreclosure Prevention Consultant
ReSales & Investment Realty, LLC
856-795-3111 x263
609-417-1086
http://www.snewjerseyhomes.com/
Tags: albion, bates mills, buyers, camden county, cedarbrook, elm, housing market, market trends, new jersey, real estate market, sellers, sicklerville, tansboro, west atco, williamstown junction, winslow township
The I-Team Homes has been marketing quite extensively in Gloucester Township NJ including the areas of Blackwood, Erial, and Laurel Springs. We provide housing market analysis for our clients.
The following is the most current data we have for Gloucester Township:
For the month of May 2009 -
- New Listings Added in May – 113 (18.8% of the Total Listings Currently on the Market of 602)
- Average asking price – $222,804 (98.6% of Total Average Listing Prices of $225,900)
- Properties that are Pending Sales (Under Contract, Not Settled) – 47
- Average Price: $220,260
- Properties that Settled in May – 22
- Average sold price – $176,120 (89% of average asking price)
- Average Days On Market: 111 Days
We can provide you with a complete and accurate market analysis for your home with an analysis of the market area it is located in. By knowing the value of your home you have a basis to start selling your home. If you want to know the value of your home and to receive a no-cost home evaluation, please call us at 609-417-1084.
For first time home buyers, purchasing your first home can be a very stressful experience. We can help eliminate that stress and help you through the process. We work closely with many first time home buyers and understand your concerns. First Time Home Buyer Programs, 0% and No Money Down Programs, Conventional, FHA, and VA Financing (To Qualified Buyers). Seller Assist with Closing Costs, New Homes Existing Homes in Great Neighborhoods, Fixer Upper Properties. We search all of Camden, Burlington, Gloucester, Salem, Cumberland, and Atlantic Counties. Go to http://www.homes4firsttimebuyers.com/
Looking for a fixer upper property? Willing to put in some “sweat equity” to buy your next home at a bargain price. Get a complete listing of fixer uppers in your area by going to http://www.bestfixerhomes.com/
If you are interested in HUD owned homes currently for sale , go to: http://www.njhudsales.com/.
Are you behind on your mortgage? We can help you! We are the Foreclosure Prevention Consultants. We’ve been where you are now, don’t make the same mistakes we did. See what we can do for you at http://www.i-teamhomes.com/foreclosure.htm
.
Linda & Terry Iwaniw
REALTOR Associates
First Time Home Buyer Specialist
Foreclosure Prevention Consultant
ReSales & Investment Realty, LLC
856-795-3111 x263
609-417-1086
http://www.snewjerseyhomes.com/
Tags: blackwood, buyers, camden county, erial, gloucester township, housing market, laurel springs, real estate market, sellers
The I-Team Homes has been marketing quite extensively in Berlin Township NJ. We provide housing market analysis for our clients. The following is the most current data we have for Berlin Township :
For the month of May 2009 -
- New Listings added in May – 6 (11.5% of the Total Avg Listings of 52)
- New Listing average asking price – $157,411 (71.2% of the Total Avg Price of $221,230)
- Pending Sales (Under Contract, Not Settled) – 2
- Properties that Settled in May – 2
- Average sold price – $189,650 (97% of average asking price)
- Average Days on the Market – 21
We can provide you with a complete and accurate market analysis for your home with an analysis of the market area it is located in. By knowing the value of your home you have a basis to start selling your home. If you want to know the value of your home and to receive a no-cost home evaluation, please call us at 609-417-1084 .
For first time home buyers, purchasing your first home can be a very stressful experience. We can help eliminate that stress and help you through the process. We work closely with many first time home buyers and understand your concerns. First Time Home Buyer Programs, 0% and No Money Down Programs, Conventional, FHA, and VA Financing (To Qualified Buyers). Seller Assist with Closing Costs, New Homes Existing Homes in Great Neighborhoods, Fixer Upper Properties. We search all of Camden, Burlington, Gloucester, Salem, Cumberland, and Atlantic Counties. Go to http://www.homes4firsttimebuyers.com/
Looking for a fixer upper property? Willing to put in some “sweat equity” to buy your next home at a bargain price. Get a complete listing of fixer uppers in your area by going to http://www.bestfixerhomes.com/
If you are interested in HUD owned homes currently for sale , go to: HUD Owned Homes Site.
Are you behind on your mortgage? We can help you! We are the Foreclosure Prevention Consultants. We’ve been where you are now, don’t make the same mistakes we did. See what we can do for you at http://www.i-teamhomes.com/foreclosure.htm
.
Linda & Terry Iwaniw
REALTOR Associate
First Time Home Buyer Specialist
Foreclosure Prevention Consultant
ReSales & Investment Realty, LLC
856-795-3111 x263
609-417-1086
http://www.terryi.com/
http://www.snewjerseyhomes.com/
Tags: berlin township, buyers, camden county, housing market, market trends, new jersey, real estate market, sellers
The I-Team Homes has been marketing quite extensively in Berlin Boro NJ. We provide housing market analysis for our clients. The following is the most current data we have for Berlin Boro :
For the month of May 2009 -
- Listings Added in May – 18 (22.8% of the Total Avg Listings of 79)
- Average asking price – $253,255 (98.0% of the Total Avg Price of $258,380)
- Pending Sales (Under Contract, Not Settled) – 4
- Properties that Settled in May – 8
- Average sold price – 262,000 (88% of average asking price)
- Average Days on the Market – 100
We can provide you with a complete and accurate market analysis for your home with an analysis of the market area it is located in. By knowing the value of your home you have a basis to start selling your home. If you want to know the value of your home and to receive a no-cost home evaluation, please call us at 609-417-1084 .
For first time home buyers, purchasing your first home can be a very stressful experience. We can help eliminate that stress and help you through the process. We work closely with many first time home buyers and understand your concerns. First Time Home Buyer Programs, 0% and No Money Down Programs, Conventional, FHA, and VA Financing (To Qualified Buyers). Seller Assist with Closing Costs, New Homes Existing Homes in Great Neighborhoods, Fixer Upper Properties. We search all of Camden, Burlington, Gloucester, Salem, Cumberland, and Atlantic Counties. Go to http://www.homes4firsttimebuyers.com/
Looking for a fixer upper property? Willing to put in some “sweat equity” to buy your next home at a bargain price. Get a complete listing of fixer uppers in your area by going to http://www.bestfixerhomes.com/
If you are interested in HUD owned homes currently for sale , go to: HUD Owned Homes Site.
Are you behind on your mortgage? We can help you! We are the Foreclosure Prevention Consultants. We’ve been where you are now, don’t make the same mistakes we did. See what we can do for you at http://www.i-teamhomes.com/foreclosure.htm
.
Linda & Terry Iwaniw
REALTOR Associate
First Time Home Buyer Specialist
Foreclosure Prevention Consultant
ReSales & Investment Realty, LLC
856-795-3111 x263
609-417-1086
http://www.terryi.com/
http://www.snewjerseyhomes.com/
Tags: berlin boro, home sales, housing market, market, Marketplace, Real Estate, real estate market
The I-Team Homes has been marketing quite extensively in Washington Township NJ including the area of Turnersville. We provide housing market analysis for our clients.
The following is the most current data we have for Washington Township :
For the month of February 2009 -
- New Listings Added in February – 92 (25.1% of the Total Avg Listings of 366)
- Average asking price – $279,372 (94.2% of the Total Avg Price of $296,720)
- Properties that are Pending Sales (Under Contract, Not Settled) – 23
- Average Price: $245,300
- Properties that Settled in February – 27
- Average sold price – $214,457 (90.8% of average asking price)
- Average Days On Market: 90 days
We can provide you with a complete and accurate market analysis for your home with an analysis of the market area it is located in. By knowing the value of your home you have a basis to start selling your home. If you want to know the value of your home and to receive a no-cost home evaluation, please call us at 609-417-1084.
For first time home buyers, purchasing your first home can be a very stressful experience. We can help eliminate that stress and help you through the process. We work closely with many first time home buyers and understand your concerns. First Time Home Buyer Programs, 0% and No Money Down Programs, Conventional, FHA, and VA Financing (To Qualified Buyers). Seller Assist with Closing Costs, New Homes Existing Homes in Great Neighborhoods, Fixer Upper Properties. We search all of Camden, Burlington, Gloucester, Salem, Cumberland, and Atlantic Counties. Go to http://www.homes4firsttimebuyers.com/
Looking for a fixer upper property? Willing to put in some “sweat equity” to buy your next home at a bargain price. Get a complete listing of fixer uppers in your area by going to http://www.bestfixerhomes.com/
If you are interested in HUD owned homes currently for sale , go to: http://www.njhudsales.com.
Are you behind on your mortgage? We can help you! We are the Foreclosure Prevention Consultants. We’ve been where you are now, don’t make the same mistakes we did. See what we can do for you at http://www.i-teamhomes.com/foreclosure.htm
.
Linda & Terry Iwaniw
REALTOR Associates
First Time Home Buyer Specialist
Foreclosure Prevention Consultant
ReSales & Investment Realty, LLC
856-795-3111 x263
609-417-1084
http://www.terryi.com/
http://www.snewjerseyhomes.com/
Tags: buyers, housing market, Real Estate, real estate market, sellers, turnersville, washington township
The I-Team Homes has been marketing quite extensively in Monroe Township NJ including the area of Williamstown. We provide housing market analysis for our clients.
The following is the most current data we have for Monroe Township :
For the month of February 2009 -
- New Listings Added in February – 56 (20.1% of the Total Listings on the Market of 278)
- Average asking price – $249,424 (100.7% of the Total Avg Price of $247,751)
- Properties that are Pending Sales (Under Contract, Not Settled) – 10
- Average Price: $197,160
- Properties that Settled in February – 14
- Average sold price – $233,114 (88.4% of average asking price)
- Average Days On Market: 120 Days
We can provide you with a complete and accurate market analysis for your home with an analysis of the market area it is located in. By knowing the value of your home you have a basis to start selling your home. If you want to know the value of your home and to receive a no-cost home evaluation, please call us at 609-417-1084.
For first time home buyers, purchasing your first home can be a very stressful experience. We can help eliminate that stress and help you through the process. We work closely with many first time home buyers and understand your concerns. First Time Home Buyer Programs, 0% and No Money Down Programs, Conventional, FHA, and VA Financing (To Qualified Buyers). Seller Assist with Closing Costs, New Homes Existing Homes in Great Neighborhoods, Fixer Upper Properties. We search all of Camden, Burlington, Gloucester, Salem, Cumberland, and Atlantic Counties. Go to http://www.homes4firsttimebuyers.com/
Looking for a fixer upper property? Willing to put in some “sweat equity” to buy your next home at a bargain price. Get a complete listing of fixer uppers in your area by going to http://www.bestfixerhomes.com/
If you are interested in HUD Owned homes currently for sale , go to: http://www.njhudsales.com/.
Are you behind on your mortgage? We can help you! We are the Foreclosure Prevention Consultants. We’ve been where you are now, don’t make the same mistakes we did. See what we can do for you at http://www.i-teamhomes.com/foreclosure.htm
.
Linda & Terry Iwaniw
REALTOR Associates
First Time Home Buyer Specialist
Foreclosure Prevention Consultant
ReSales & Investment Realty, LLC
856-795-3111 x263
609-417-1086
http://www.snewjerseyhomes.com/
Tags: buyers, housing market, monroe township, Real Estate, real estate market, sellers, williamstown
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