Greater Reading Commercial and Investment Real Estate

I have found that I spend quite a bit of time discussing what is wrong in a lot of homeowners' lives, so I wanted to take a minute to focus on the bright side.  The best part of my job is helping a homeowner realize their goal of selling their home and moving on to the next stage of their life.  ...

I was recently speaking with a homeowner who asked me why I would be marketing his home primarily to investors. He had a nice 3 bedroom 1.5 bath colonial that needed a little updating and had some deferred maintenance. He owed substantially more than his home was worth, so the sale will be a shor...

I read another interesting article today about how home prices have fallen almost 14% since this time last year and over 6% since the end of last year. This is important news to anyone currently facing foreclosure. Almost everyday I hear from homeowners that they are waiting for the market to get...

I know that we haven't heard too much good news lately, and that many people in New Jersey are still facing foreclosure, but I just read an article that gave me a little hope. It mentioned that the Making Home Affordable program is finally starting to help some homeowners. The website has 4 quick...

I know I have written a lot about short sales and loan modifications, and in New Jersey there are a lot of people who need one or the other, but recently I've been running into a different situation quite a bit. I've met several distressed homeowners lately that could not afford their monthly mor...

I get this questions all the time, "I'm getting foreclosed on and don't qualify for a loan modifications, but if I sell my home I'll have no place to live." I realize that this is a concern that a lot of distressed homeowners have. In New Jersey, a lot of them have been told that they will be abl...

I often have clients that are selling their home because they were told that they don't qualify for a modification. Often this is because their income is just too low. One of the ways that I've seen people remedy this problem is by using their home to create a little extra income. One woman rente...

I know 11:30 pm is an odd time to be writing and entry in my real estate blog, but something happened this afternoon that has kept me up tonight. I had an appointment today to list a distressed homeowner's home for sale, and I was stood up. This isn't the first time this has happened, but when I ...

Okay, I know I just posted something about short sales this morning, but I was speaking with a homeowner just now, and it made it really clear to me that people really don't understand what's in it for them. This gentleman had opted to file for bankruptcy and as part of the process was able to ke...

I think that short sales are one of the most misunderstood options that distressed homeowners have today. I was speaking with a homeowner today who was facing foreclosure and was not able to qualify for a loan modification. She was adamant that she didn't want to do a short sale, because it would...