Your NJ House Hunter's Blog

Dear fellow active rain members, I have a question I'm sure someone here can answer for me. I have a friend who allowed her fiancé to purchase a couple of investment properties in her name & with her credit.

To make a long story short, the homes are now in foreclosure. I put one of the houses on the market to see if we could short sale it, but we've recently found out that the fiancé had the deeds switched out of her and name without her knowledge.

My question is would we still be able to sell the house though the deed is no longer in her name? She doesn't want to take legal action against her fiancé for wrongfully switching the deed out of her name, but she'd like to save her credit from foreclosure. What are her options...?

Posted by Eugene Jones on 06/10/2009 12:12 PM

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Deeds in the ActiveRain Channel

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Plainfield, NJ market analysis for February 2009

Compared to January 2009

February: January:

Active Listings = 385 394

Average LP = $ 262,598 $ 267,960

New Listings = 53 68

Average LP = $ 283,570 $ 265,735

Under Contract= 20 9

Average LP = $ 198,858 $ 219,197

Sold Listings = 12 14

Average SP = $ 187,610 $ 197,810

Average DOM = 105 106

Average SP/LP = 93% 95%

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed

Posted by Eugene Jones on 03/19/2009 09:32 AM

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Market Report in the ActiveRain Channel

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Somerville, NJ market analysis for February 2009

Compared to January 2009

February: January:

Active Listings = 58 61

Average LP = $ 323,768 $ 321,275

New Listings = 9 14

Average LP = $ 305,160 $ 313,414

Under Contract= 0 7

Average LP = $ 0 $ 268,469

Sold Listings = 2 5

Average SP = $ 332,500 $ 234,600

Average DOM = 70 102

Average SP/LP = 99% 93%

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed

Posted by Eugene Jones on 03/19/2009 09:20 AM

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Bridgewater, NJ market analysis for February 2009

Compared to January 2009

February: January:

Active Listings = 314 293

Average LP = $ 525,869 $ 527,266

New Listings = 86 69

Average LP = $ 484,297 $ 524,486

Under Contract= 23 31

Average LP = $ 418,530 $ 463,749

Sold Listings = 19 23

Average SP = $ 355,947 $ 477,925

Average DOM = 97 94

Average SP/LP = 95% 95%

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed

Posted by Eugene Jones on 03/19/2009 09:12 AM

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Somerset, NJ market analysis for February 2009

Compared to January 2009

February: January:

Active Listings = 427 413

Average LP = $ 380,646 $ 381,568

New Listings = 92 97

Average LP = $ 368,235 $ 365,279

Under Contract= 30 25

Average LP = $ 361,916 $ 305,498

Sold Listings = 20 24

Average SP = $ 411,150 $ 302,185

Average DOM = 91 84

Average SP/LP = 137% 95%

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.

Posted by Eugene Jones on 03/19/2009 08:59 AM

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Market Report in the ActiveRain Channel

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Plainfield, NJ market analysis for November

Plainfield, NJ market analysis for November 2008

Compared to October 2008

November: October:

Active Listings = 428 462

Average LP = $ 281,312 $ 282,657

New Listings = 52 65

Average LP = $ 261,700 $ 248,466

Under Contract= 22 18

Average LP = $ 196,280 $ 197,350

Sold Listings = 23 16

Average SP = $ 205,513 $ 256,588

Average DOM = 96 96

Average SP/LP = 95% 93%

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.

Posted by Eugene Jones on 01/04/2009 09:13 AM

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Market Report in the ActiveRain Channel

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Somerville, NJ market analysis for November

Somerville, NJ market analysis for November 2008

Compared to October 2008

November: October:

Active Listings = 70 85

Average LP = $ 336,334 $ 329,321

New Listings = 3 11

Average LP = $ 395,633 $ 282,752

Under Contract= 7 8

Average LP = $ 278,436 $ 329,363

Sold Listings = 6 8

Average SP = $ 328,917 $ 273,813

Average DOM = 51 87

Average SP/LP = 95% 96%

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.

Posted by Eugene Jones on 01/04/2009 09:04 AM

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Market Report in the ActiveRain Channel

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Somerset, NJ market analysis for November

Somerset, NJ market analysis for November 2008

Compared to October 2008

November: October:

Active Listings = 461 518

Average LP = $ 382,791 $ 377,541

New Listings = 65 71

Average LP = $ 392,752 $ 340,501

Under Contract= 41 50

Average LP = $ 352,745 $ 336,739

Sold Listings = 46 50

Average SP = $ 333,620 $ 352,710

Average DOM = 79 89

Average SP/LP = 95% 97%

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.

Posted by Eugene Jones on 01/04/2009 08:52 AM

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Market Report in the ActiveRain Channel

somerset market analysis, somerset homes for sale, royster real estate, your nj house hunter, new jersey homes for sale

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Bridgewater, NJ market analysis for November

Bridgewater, NJ market analysis for November 2008

Compared to October 2008

November: October:

Active Listings = 317 365

Average LP = $ 534,184 $ 530,101

New Listings = 43 61

Average LP = $ 476,821 $ 443,822

Under Contract= 24 37

Average LP = $ 535,933 $ 438,228

Sold Listings = 34 41

Average SP = $ 480,630 $ 436,567

Average DOM = 85 78

Average SP/LP = 96% 96%

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed

Posted by Eugene Jones on 01/04/2009 08:43 AM

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Market Report in the ActiveRain Channel

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Eugene Jones

Somerville, NJ

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Weichert Realtors

Address: 345 Route 202/206, Bedminster, NJ, 07921

Office Phone: (908) 781-1000

Cell Phone: (877) 701-8215

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