This top 2 floor condominium has everything a luxury property should have without the high price. Starting with the private elevator, the massive great room with cathedral ceilings, the private 4th floor master suite with incredible views. You will be glad you waited for this property, there is an oversized master bath with custom tiled shower, double comode style vanities and a corner jacuzzi tub. There are hardwood floors, granite counters, upgraded cabinets and high profile moldings. This property truly has a unique layout that is a standout amongst the cookie cutter condos out there. Price drastically reduced !

This is my personal rental property . I have a few peek weeks left that I am looking to fill up . Please take a look and pass it around to friends. If you saw this add through either ActiveRain or Localism please mention and I will offer a discount. The house is 8 off the beach and it was built in 2005 so the condition is like new.

Truly one of " The" premier homes in North Wildwood. A complete custom 6 bedroom 4 1/2 bathroom 3 floor retreat. There are 5 large decks that give youmassive amount of entertaining and outside living space. The grounds are concrete and river stone for almost no maintenance. The home is set up with 2large bedrooms on the first floor, 1 and 1/2 baths a big family room and elevator that goes to all floors. There is a utility room on the first floor with 75Gal. hotwater heater, wash/dry, and lower HVAC . The second floor has beautiful hardwood floors , an expansive great room, custom kitchen with granite , stainless and tile. The great room is flooded withafternoon light and breezes. There are also 2 more bedrooms and a full bath. The top floor has a master suite suited for royalty with a gas corner fireplace,private deck, custom tile shower, jacuzzi tub, double sink vanity and plenty of recessed lighting. There is a 6th bedroom with it's own bath adjacent to themaster. Truly a unique statement in this custom home .

At RE/MAX at The Shore we are pleased to roll out our new rental program for the summer of 2009 .  As the highest producing company in Cape May County we feel that our massive presence will enable sellers to acquire a good share of tenants.  We have 2 offices strategically located in North Wildwood and Wildwood Crest . One great feature we also offer is an investment analysis webpage to get an idea on your rate of return .

I always recomend sellers get as much web presence as possible to maximize the number of leases each season.

If you would like to list your rental property with Remax at The Shore visit my webpage at www.davidJgreen.com  or send me a note to dave@ davidjgreen.com .

Thanks,

David J Green

As of January 28, 2009 there are approximately 52 bank owned properties in the 08260 zip code which cover Wildwood, North Wildwood, West Wildwod, Wildwood Crest , and Anglesea.  The number that are in preforeclosure or in default is roughly 830 according to " RealtyTrac" . 

As a buyer this mean there are very good buying opportunites as they are selling for 30%-40% less than the peak market prices of Fall 2005.  The trend we have noticed as that when a bank owned property is listed it generaly does not stay on the market all that long.  In some case there have been multiple offers, some cash, going higher than asking and closing in less than 30 days.

As a seller this brings about a challenge because these properties are pulling down the comparable sales which hurt anyone selling currently. It makes it more crucial to have your property in as good a condition as you possibly can and be realistic with the asking price.

The foreclosure market is always a fickle one in that fantastic buys aren't always what you would prefer to buy. After weighing out the values though most buyers of discount property will look past some of their wants for the low price.

For any assistance in navigating the Short sale, foreclosure market in the Wildwood, Wildwood Crest , or North Wildwood market please call or send an e-mail.

Thank you,

David J Green

RE/MAX at The Shore

I actually never spent that much money on a wastebasket or even considered it .  I wonder what it even would look like or do for me. All I can picture is something like Rosie from the Jetson's rolling up to me when I say " junk mail "  or " trash pick-up".

      

The clear message for me is that the times dictate prudent spending. We find ourselves reviewing all expenses very carefully these days and weeding out what is important and what can wait. Damn! I really had my eye on the $ 4000 lemon zest peeler too. If I can learn anything at all from what we are going through is that I need to value what I have right at this moment. With all the layoffs and job cuts the one thing we have as Realtors is that we can't get laid off. I know without a doubt my job will be there for me each and every day I wake up. Things may be a little tight for some time but I know they will cahnge as they always have, so for now I will stick with my $ 11.00 Staples Wastebasket .

 

 

RE/MAX has jumped onto the bandwagon and rolled out their newest marketing venture to embrace the changing conscious of where our housing market is going. Here is a link to the site that spells out the program and all its requirements and how it can benefit RE/MAX agents and their clients as well as our planet.

http://www.remax.net/files/REMAX_GreenProgramGuide.pdf?rnd=0.8584030551439197 

I was happy to see that the " EcoBroker" certification was an approved designation that qualified me to use the new RE/MAX Green Designation. 

 

Dave

This sole beachcomber (my beautiful wife) was caught walking on the beach in Cape May this evening. Aside from me taking the picture she was the only one there as far as you could see in each direction. This is one of the treasures of working and living in this area is to be able to get away in just a few minutes from home. Even though times are tough the draw to the beach has endured for centuries , surviving many economies, wars and everything else this country has been through.  It was a reminder to me to take the time to appreciate the simple things around me .

This year I am going through my Top Producer and updating anything missing or delete contacts who I won't likely do business with any time soon.  One thing that does happen during this exercise is you get to relive each transaction and everything that happened during that time. It is almost like watching old training films in your mind only my personal perception surely distorts what really happened.

I keep noticing small things that I would have done or said different and it also gives me an opportunity to reach out to anyone that I feel needs a quick call. I think about ways things could have done better and what I may do different in the future. It does bring about a nice feeling of accomplishment looking at the contacts that were challenges and it all came together. On the other hand you still wonder why things went bad with an occasional client when you did everything possible.

My goal is to eventually not have to do this every year.

 

 

 

This is more of a question as to which would be more of a burden. In a short sale or Deed in Lieu of foreclosure when the property is a second home or investment property it is usually customary to have a 1099 issued for the difference in sale price to outstanding loan amount. This would be considered taxable income and therefore unavoidable, even if you declared bankruptcy. 

On the other hand a defficiency judgement can be dismissed through bankruptcy and the mortgage company cannot strong arm as much as Uncle Sam. I read alot of posts re: the avenues to take but rarely is there anything mentioned about the issuance of a 1099 for a second home or investment property .

Does anyone have feedback on their experience with clients getting 1099's for short sales or deeds in Lieu of foreclosure.