The South NJ RE Info Blog

Pricing

Price: $30,000.00

Additional Pricing Information: Priced for quick sale.Will require variance from municipality to build on.Lot Size is 60 x 120.

Property Location

Peartree Ave
Berlin, NJ 08009
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Links

Search Listings For Sale

Features

Acreage: .17

Zoning: RL

Sewerage: Yes

Water: Yes

Agent Name: Terry Iwaniw

Broker: ReSales & Investment Realty, LLC

MLS #: 5470395

Photo Gallery

View as Slideshow View Photo Gallery (2 Photos)

VFLYER ID: 1954449

75 More Days Until Tax Credit Expires

2009-09-17T21:06:52Z

Time is running out for first-time buyers or anyone who hasn't owned a home in the past three years to take advantage of the $8,000 federal tax credit. Considering the time it takes from the point of finding a home to closing, prospective buyers should act now, as there are only 75 days left to take advantage of the credit.

First-time buyers should act quickly in order to close by midnight on November 30 and qualify for the credit. The Get the REAL Story^® campaign has made several resources for first-time buyers available on www.REALstoryNJ.com, including a frequently asked questions (FAQs) flyer on the tax credit. First thing to do is contact a REALTOR.

Terry Iwaniw
REALTOR Associate
ReSales & Investment Realty, LLC
Off: 856-795-3111 x263
Cell: 609-417-1086
http://snjrealestate.ning.com
http://www.snewjerseyhomes.com
Connect on Facebook - http://profile.to/terryiwaniw

New Featured HUD Owned Home For Sale - 3 Bedroom Twin/Duplex

2009-09-12T15:27:05Z

3 Bedroom 2.5 Bath Twin/Duplex Home For Sale in Lindenwold

Location: Crossing

A large 3 Bedroom 2.5 Bath HUD owned twin/duplex home has a fireplace, sliding glass doors leading out to the patio, a fenced yard on a corner lot. This home has a kitchen with a breakfast area, 1 car garage, spacious living room with a fireplace, master bedroom with its own bath, and dining room.

Information

Contact Information

Terry Iwaniw

609-417-1086

Connect on Facebook - http://profile.to/terryiwaniw

Pricing

Price: $147,000

Additional Pricing Information: ALL PROPERTIES ARE SOLD IN 'AS IS' CONDITION.SELLER MAKES NO REPRESENTATIONS OR WARRANTIES CONCERNING THE CONDITION OF THE PROPERTY AND DOES NOT GUARANTEE THAT THE PROPERTY IS FREE OF HIDDEN OR VISIBLE DEFECTS. BUYER IS RESPONSIBLE TO TAKE ACTION TO SATISFY HIMSELF THAT THE PROPERTY IS IN A CONDITION ACCEPTABLE TO HIM. SELLER WILL MAKE NO REPAIRS. BUYER IS ENCOURAGED TO HAVE A HOME INSPECTION TO IDENTIFY ANY DEFECTS.

Property Location

167 Crossing Way
Lindenwold, NJ 08021
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SNJ RE Community

HUD Homes

Features

Bedrooms: 3

Bathrooms: 2.5

Year Built: 1989

Subdivision: Crossings

Lot Size: 8300

Garage Size: 1 car

School District: Lindenwold

Square Footage: 1500

Agent Name: Terry Iwaniw

Broker: R & I Realty, LLC

MLS #: 5588957

HUD will allow escrow for repairs: No

Will qualify for FHA loan w/o repairs: No

Deposit required with offer: 1500

Attributes

Interior Amenities

Fireplace

Exterior Amenities

Patio

Fenced Yard

Grass Lawn

Photo Gallery

View as Slideshow View Photo Gallery (7 Photos)

VFLYER ID: 2813048

Terry Iwaniw
============================
REALTOR Associate
ReSales & Investment Realty, LLC
http://snjrealestate.ning.com/
http://www.snewjerseyhomes.com/
Connect on Facebook - http://profile.to/terryiwaniw
Cell: 609-417-1086
Off: 856-795-3111 x263
============================

3 Bedroom 2 Story Home For Sale

2009-09-06T00:53:59Z

3 Bedroom 2.5 Bath 2 Story Home For Sale

Location: Mays Landing, NJ

HUD owned 3 bedrooms 2.5 bath 2 story home has gas heat, 1 car garage, vinyl exterior and more. HUD will allow money to be escrowed for repairs.

Features

Bedrooms: 3

Bathrooms: 2.5

Year Built: 1989

Lot Size: 4792

Garage Size: 1 car

Square Footage: 1671

Agent Name: Terry Iwaniw

Broker: R & I Realty, LLC

MLS #: 5585608

HUD will allow escrow for repairs: Yes

Will qualify for FHA loan w/o repairs: No

Deposit required with offer: 1500

Information

Contact Information

Terry Iwaniw

609-417-1086

Connect on Facebook - http://profile.to/terryiwaniw

Pricing

Price: $192,000

Property Location

6155 White Oak Way
Mays Landing, NJ 08330
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Links

S NJ Real Estate Community

VFLYER ID: 2737676

Great 3 Bedroom Bi-Level Home For Sale

2009-09-06T00:50:17Z

3 Bedroom 2.5 Bath Bi-Level Home For Sale

Location: Atco, NJ

3 bedrooms 2.5 bath HUD owned home located in a wooded setting. This home has a large eat-in kitchen with an open floor plan, there is a brick fireplace in the family room , along with cathedral ceilings. The master bedroom has double door entrance and a full bath plus walk-in closet. There is a 1 car garage attached to the home, central A/C, and a basement. This home backs onto Green Acres and Ladies Lake.

Information

Contact Information

Terry Iwaniw

609-417-1086

Connect on Facebook - http://profile.to/terryiwaniw

Pricing

Price: $205,000.00

Property Location

632 Blueberry Dr
Atco, NJ 08004
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Links

S NJ RE Community

More HUD Homes

Features

Bedrooms: 3

Bathrooms: 2.5

Year Built: 1978

Subdivision: Olde Towne

Lot Size: 15030

Garage Size: 1 car

Square Footage: 1480

Agent Name: Terry Iwaniw

Broker: R & I Realty, LLC

MLS #: 5585553

HUD will allow escrow for repairs: No

Will qualify for FHA loan w/o repairs: Yes

Deposit required with offer: 1500

Attributes

Interior Amenities

Fireplace

Basement

Exterior Amenities

Grass Lawn

Photo Gallery

View as Slideshow View Photo Gallery (8 Photos)

VFLYER ID: 2737688

Price Reduced! 3 Bedroom HUD Owned Home For Sale in Cherry Hill

2009-08-23T22:45:50Z

3 Bedroom, 2 Bath 2 Story HUD Owned Single Family Home

Location: Belair Estates

3 bedroom, 2 bath HUD owned 2 Story home. This home has been recently updated, has hardwood floors and recessed lighting in the living room. The updated kitchen has oak cabinets and a beautiful corian counter top. There is a full bath on the first floor and a nice sized deck off of the kitchen. There are large sized bedrooms , and the master bedroom has a walk-in closet the. The huge upper level bath has a soaking tub. Nice sized lot has a 1 car detached garage.

Information

Contact Information

Terry Iwaniw

609-417-1086

Connect on Facebook - http://profile.to/terryiwaniw

Pricing

Price: $211,500.00

Additional Pricing Information: HUD requires deposit at time of offer.HUD requires proof of funding or mortgage pre-qual at time of offer.Contact agent to request Property Condition Report.

Property Location

601 Kings Hwy S
Cherry Hill, NJ 08034
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HUD Homes

Features

Bedrooms: 3

Bathrooms: 2

Year Built: 1945

Subdivision: Belair Estates

Lot Size: 9595

Garage Size: 1

School District: Cherry Hill

Square Footage: 1680

Agent Name: Terry Iwaniw

Broker: R & I Realty, LLC

MLS #: 5561334

HUD will allow escrow for repairs: Yes

Will qualify for FHA loan w/o repairs: No

Deposit required with offer: $1500

Attributes

Appliances

Range/Oven

Interior Amenities

Hardwood Floors

Basement

Exterior Amenities

Fenced Yard

Grass Lawn

Photo Gallery

View as Slideshow View Photo Gallery (8 Photos)

VFLYER ID: 2710136

3 Bedroom 1.5 Bath 2 Story HUD Owned Home For Sale

2009-08-23T22:34:58Z

Great 3 Bedroom 1.5 Bath 2 Story Home For Sale

Location: Otter Branch Creek

This is a 3 bedroom, 1.5 bath HUD owned 2 Story home has central air, a 1 car attached garage, a family room with skylights, a wood burning stove, sliding glass doors that open out to the patio. Another set of sliding glass doors open out to the back yard from the dining room. The kitchen has pergo flooring and the laundry room is right off the kitchen, while the living room has a large bay window. HUD will allow money to be escrowed for repairs.

Information

Contact Information

Terry Iwaniw

609-417-1086

Connect on Facebook - http://profile.to/terryiwaniw

Pricing

Price: $222,000.00

Property Location

402 S Otter Branch Dr
Glendora, NJ 08029
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Features

Bedrooms: 3

Bathrooms: 1.5

Year Built: 1980

Subdivision: Otter Branch Creek

Lot Size: 10350

Garage Size: 1

Square Footage: 1668

Agent Name: Terry Iwaniw

Broker: R & I Realty, LLC

MLS #: 5582249

HUD will allow escrow for repairs: Yes

Will qualify for FHA loan w/o repairs: No

Deposit required with offer: $1500

Exterior Amenities

Patio

Grass Lawn

Photo Gallery

View as Slideshow View Photo Gallery (6 Photos)

VFLYER ID: 2726685

3 Bedroom 2.5 Bath HUD Owned Cape Cod Home For Sale

2009-08-23T22:25:46Z

3 Bedroom 2.5 Bath Cape Cod Home For Sale

Location: Clayton, NJ

3 bedroom, 2.5 bath Cape Cod home has Andersen windows, a skylight in the master bedroom, which also has cathedral ceilings. This home includes both a fireplace in the living room & a woodburning stove. This custom built home features a formal dining room, den, kitchen, a great room, a master bedroom with with a master bath, and a 23x16 deck. HUD will allow money to be escrowed for repairs.

Information

Contact Information

Terry Iwaniw

609-417-1086

Connect on Facebook - http://profile.to/terryiwaniw

Pricing

Price: $137,000

Property Location

360 N Pearl St
Clayton, NJ 08312
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Features

Bedrooms: 3

Bathrooms: 2.5

Year Built: 1989

Lot Size: 8127

Garage Size: 0

Square Footage: 1584

Agent Name: Terry Iwaniw

Broker: R & I Realty, LLC

MLS #: 5551028

HUD will allow escrow for repairs: Yes

Will qualify for FHA loan w/o repairs: No

Deposit required with offer: $1500

Attributes

Interior Amenities

Vaulted Ceilings

Exterior Amenities

Grass Lawn

VFLYER ID: 2726689

3 Bedroom HUD Owned Ranch Style Home For Sale

2009-08-23T22:16:33Z

3 Bedroom 1 Bath 1 Story Home For Sale

Location: Wenonah, NJ

3 bedroom HUD owned Rancher located on 1acre sized lot. It has a large deck right off the eat-in kitchen, and large storage shed in the yard. LOcated just a short distance that you can walk to from the Deptford Soccer Complex and close to the major highways, Rte 295 and Rte 55. Home is situated on over 1 acre of land.

Information

Contact Information

Terry Iwaniw

609-417-1086

Connect on Facebook - http://profile.to/terryiwaniw

Pricing

Price: $124,000.00

Property Location

1001 Cattell Rd
Wenonah, NJ 08090
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Connect - Facebook

Features

Bedrooms: 3

Bathrooms: 1

Year Built: 1993

Lot Size: 43996

Square Footage: 1179

Agent Name: Terry Iwaniw

Broker: R & I Realty, LLC

MLS #: 5551045

HUD will allow escrow for repairs: Yes

Will qualify for FHA loan w/o repairs: No

Deposit required with offer: $1500

Photo Gallery

View as Slideshow View Photo Gallery (8 Photos)

VFLYER ID: 2726719

Never argue with your mother.

2009-08-20T16:09:19Z

Here's another humorous video from NJ Association of REALTORS.

Remember, time is running out for you to be able to get your $8000 First Time Home Buyer Tax Credit. Call me NOW so that I can show you how you can get your share.

Featured HUD Owned Homes

2009-08-12T13:27:33Z

Find more HUD Owned homes that we market at HERE

Looking To Sell Fast! Great Rental or Vacation Home

2009-08-12T12:31:48Z

2 Blocks from beach! In good rental condition.

Updated kitchen
Freshly painted rooms
New Carpeting on Upper Floor
Hardwood floors on Lower Floor

Currently has an excellent tenant in the basement 2 BR unit that pays $900/mo and always on time. Upper unit has 6 BR and 2 BTH, and can rent for $1500-$1600/mo. Easy to convert to a triplex (3 separate units) and have a total rental income of $3200/mo. Desirable rental area; close to Atlantic City, beach, and transportation.

This property has many possibilities!

Rent basement apartment full-time and live in the upper 2 floor unit.
Rent basement apartment full-time and rent upper 2 floor unit on a weekly basis
Rent basement apartment full-time and rent upper 2 floor unit on a full-time basis
Convert to triplex - Rent basement apartment full-time, rent top unit full-time, and live in middle level yourself.
Convert to triplex - Rent basement apartment full-time, rent top and middle units on a weekly basis.
Convert to triplex - Rent basement apartment full-time, rent top and middle units on a full-time basis.

Drastically Reduced! Priced To Sell Quickly

2009-08-12T12:21:23Z

Hey, Home Seller! Why Use a Realtor Anyway?

2009-08-11T23:24:50Z

For Sale By Owner is just as it sounds, a homeowner trying to sell their home without the assistance of a REALTOR. Can you do this, sure! Do they actually get their house sold, sure! Is it typical? No. About 80% of FSBO's end up listing their homes with a Professional REALTOR anyway. And here's why.

Home owners do not have the time to make appointments during the day or during normal business hours.
How does the home owner know if the potential buyers can qualify to purchase their home?
Home owners are not normally aware of the legal documentation that nees to accompany a sales contract.
How does one pick a Title Company, and who is suppose to pay their fees?
What recourse does the home owner have if the buyer backs out of the contract?
Can the home owner sell their home for market price without using a REALTOR?
What legal liability does the home owner have if the buyer sues them a year after the settlement date?
Is it worth having a home inspection before putting the house on the market?
Who does the home warranty really protect?
Will the home owner really be saving the real estate commission if they try to sell their home themselves?

These are just some of the many questions that home owners need to ask themselves before they even begin to embarking on the task of selling their own home without a professional. What some home owners don't realize is that most REALTORS do care about selling their homes. After all, this is our livelihood. We want to sell your home for the highest possible price; our business depends on it and our business revenue (the commission) is based on sales price. So when we say the house is overpriced, it is; we know what we speak of. Our goal is to sell your home, not just to list it, and to have a smooth, stress-free transaction. And we want you to be happy with the outcome so the next time to have to buy or sell, or anyone asks you to recommend a REALTOR, you think of us.

But anyone can put a for sale sign in their yard and try to sell their own home, and some may actually get it sold in a reasonable amount of time without any major problems or legal issues. But as with any profession, if you decide to take on the role yourself, you are opening yourself up to potential risks.
Licensed REALTORS are just that, a licensed professional who is capable of guiding you thru the process and assessing the transaction with the least amount of risk possible. We may not be attorneys but we are required to be aware of the key regulations and leagal issues. And we will inform you when you will need to retain an attorney. We help get your home sold in the least amount of time, for the highest possible price. We also ensure that the buyers are actually qualified to purchase your home. We will walk you through the closing process step by step.

Some FSBO's think that since they have sold houses before in other states or have been led to believe that selling their own home will be a cakewalk by certain businesses catering to the For Sale By Owner market. Not so. Remember, those companies get paid up-front and they are apid regardless if your home sells or not. REALTORS only get paid when your home sells. If we can't sell it, we don't get paid. We as agents are required by law to have all of our ducks in a row before even placing the house on the market.

Here's a few things we're required to do -

Checking the mortgage balance to see if you are even in a position to sell at the current market. There may be situations where you need to sell. We can discuss all the different options available to you.
Verifying ownership
Does the property have clear title & deed
Is this a saleable property, what work needs to be completed prior to listing, if any
What is the current market price to allow for a quick sale

In closing, you need to know that there are solutions for each situation. We are licensed to assist with all your real estate needs.

The forgotten loan program

2009-08-11T22:07:29Z

I just received a reminder from one of the many mortgage reps that I get updates from. The reminder was about a loan program that is often forgotten. I'm even guilty of forgetting about it even though I had written an article about it previously. This forgotten loan program is the USDA Rural Home Loan. The best part of this loan program is that the buyer does not need a downpayment. That's right, $0 downpayment. However, the home that you are planning to buy must be located in one of the eligible areas of New Jersey. The loan limits that USDA operates under are the same ones that Fannie Mae, Freddie Mac, and other have established.

So, if you're ready to purchase your new home, give me a call to discuss your real estate needs in greater detail and that way I can help you determine if a USDA Rural Home Loan is for you. You do not have to be employed or affiliated with the USDA or even a governement employee. This is a great way for first time home buyers, that may not have enough funds to put as a downpayment, or even the non-first time home buyer who needs to move into a bigger home but lacks sufficient funds for the 3.5% downpayment needed for an FHA loan. First time home buyers, this is great opprotunity to get into your own home AND qualify to receive your $8000 First Time Home Buyer Tax Credit.

Great 3 Bedroom Home Being Sold By HUD

2009-08-08T21:19:02Z

Linda & Terry Iwaniw | Resales & Investment Realty | 609-417-1086

601 Kings Hwy S, Cherry Hill, NJ

Fabulous 3 Bedroom HUD Owned Home

3BR/2BA Single Family House

offered at $235,000

Year Built	1945
Sq Footage	1,680
Bedrooms	3
Bathrooms	2 full, 0 partial
Floors	2
Parking	1 Car garage
Lot Size	9,595 sqft
HOA/Maint	$0 per month

DESCRIPTION

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Walk-in closet
- Family room	- Living room	- Dining room
- Basement	- Balcony, Deck, or Patio	- Yard
- Jacuzzi/Whirlpool

OTHER SPECIAL FEATURES

- Close To Major Shopping Areas

- Easy Access To Main Highways

- Located in Prestigious Cherry Hill

ADDITIONAL PHOTOS

Front	Kitchen
Living Room	Office/Den
Master Bedroom	Master Bath

Contact info:

Linda & Terry Iwaniw

Resales & Investment Realty

609-417-1086

For sale by agent/broker

Posted: Aug 8, 2009, 5:50pm PDT

We have the free tools for RE Investors to help manage their business

2009-08-08T20:27:04Z

We have just joined in partnership, Trexglobal, to provide our investor clients some free tools to help them manage their investment properties. To this end we have established a web site for investors to access and browse the tools there. For investors to access these tools, click here.

Terry Iwaniw
REALTOR
ReSales & Investment Realty, LLC
Off: 856-795-3111 x263
Cell: 609-417-1086
http://profile.to/terryiwaniw

NJHUDSALES.COM has been updated.

2009-08-06T23:49:10Z

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

Why hasn't my home sold?

2009-08-05T21:59:38Z

I'm sure that there are many home owners out there that are asking that question. And there are many possible answers to this question. The home owner can start to answer this question for themselves by doing their own analysis of the way their agent is marketing their home.

1. Does your home's MLS listing have any photos included? At least there should be a photo of the front of your home. If your agent didn't even bother to take a photo of the front of your home, how much are they really going to bother marketing your home.

2. Have you heard from your agent or been able to reach them by phone or e-mail in the last 2 weeks? If they don't have time to speak to your for a few minutes every couple of weeks, then how dedicated are they to marketing your home? Their answer to you, once you finally do get in touch with them, is that they have so many other homes they are marketing. You need to tell them that they may need to cut down on the number of homes they are marketing to a number that they can manage and service. The worst thing any agent can do is to completely ignore their client once they get their signature on a listing agreement. That is completely bad business practice.

3. When you were discussing the price that your house should be marketed at, did your agent give you a specific dollar amount or a dollar range? If they gave you a specific amount then look for another agent...no one can predict the future with any amount of certainty. If they provided a dollar range, did you agree to price it at the upper range or the lower range? Whose idea was it to do this? If it was yours, you need to rethink your pricing strategy. In a declining market, one always wants to establish a price toward the lower range. If, as a home owner, you don't know what a declining market means or how it is determined then you need to look for another agent because this is one of the very BASIC things that your agent should have told you. If the agent recommended the upper range without a set timetable for price review then you need to look for another agent because they really don't know what they are doing. You may have a great pride in your home, to the point that you feel very strongly that your home is the BEST home in the neighborhood...with absolutely no equal...then you had better be able to quantify that. Because the market does not care about your opinion. The market (i.e. buyers) only care about things that they can see and touch.

The key to selling any home is marketing the home, promoting and exposing it to as many people as possible. And for people to take notice the keys here is price and location.

Every home is unique, but the one common thing among all of the sold homes is that they were aggresively marketed, priced to sell, and the real estate maintained contact with the home owner.

You Can Never Have Enough Privacy

2009-07-29T21:04:17Z

This is a humorous video by NJAR (New Jersey Association of REALTORS) but there is a grain of truth.

Terry Iwaniw
REALTOR Associate
ReSales & Investment Realty, LLC
First Time Home Buyer Specialist
Investor Liaison
HUD Home Marketer
Off: 856-795-3111 x263
Cell: 609-417-1086
Connect To Me On Facebook

HUD Report Shows A Rise In New Home Sales

2009-07-28T22:33:30Z

According to a report that was released this past Monday by HUD (U.S. Department of Housing and Urban Development), the sales of newly built single-family homes rose in June by 11%; this translates to an annualized rate of 384,000 homes.

Peter Morici, an economics professor at the University of Maryland, said "That is really good news, with all the foreclosure activity sending down home prices, for new homes to jump like that is a good indicator that the economy is bottoming out."

A housing industry analyst for IHS Global Insight, Pat Newport, also commented about the report. "The tax credit is boosting demand, but what will happen when it goes away in December?" he asked. Excess inventory still exists in some key markets, such as:

California
Florida
Las Vegas
Arizona

Even with business getting better, the time for getting deals is going away fast.

Read the full news article on CNNMoney.

REDUCED TO SELL! Short Sale - Owner Says Bring All Offers!

2009-07-27T20:56:12Z

Linda & Terry Iwaniw | Resales & Investment Realty | 609-417-1086

30 Chrissy Ln, Sicklerville, NJ

2 Bedroom 1 Story Home For Sale in Adult Only (Over 55) Community

2BR/2BA Single Family House

offered at $209,900

Year Built	2002
Sq Footage	2,000
Bedrooms	2
Bathrooms	2 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	5,440 sqft
HOA/Maint	$120 per month

DESCRIPTION

Beautiful home on a premium waterfront lot. Incredible deck with automatic awning facing the lake with it's own waterfall. Kitchen boasts center island, oversized pantry, wood cabines and spacious eating area. Family room with gas fireplace with wood surround for cozy evenings at home. Enormous master bedroom with two walk in closets with private access to your dream bath that features a garden tub, double sinks, recessed lightgs, separatge sit down shower. Add to this a very large living room design for entertaining. Now, there's more. The full basement is partially finished with a very large family room and a huge amount of storage space with bilco doors for your convenience. Heater, electronic air cleaner and humidifier and just some of the upgrades. So if you are ready to let someone else mow your lawn and shovel your snow and still not compromise on the size of your home, this one is for you.

see additional photos below

PROPERTY FEATURES

• Central A/C	• Central heat	• Fireplace
• Walk-in closet	• Family room	• Living room
• Breakfast nook	• Stove/Oven	• Basement
• Laundry area - inside	• Balcony, Deck, or Patio	• Yard

COMMUNITY FEATURES

• Clubhouse

• Lake

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Linda & Terry Iwaniw

Resales & Investment Realty

609-417-1086

For sale by agent/broker

Posted: Jul 27, 2009, 5:49pm PDT

Open House - July 26 from 1PM to 4PM.

2009-07-23T20:49:46Z

Linda & Terry Iwaniw | Resales & Investment Realty | 856-795-3111 x262

16 N Nashville Ave, Ventnor City, NJ

7 Bedroom Home includes a 1 bedroom apt on the lower level in
Ventnor City For Sale

7BR/3BA Single Family House

offered at $364,900

Year Built	Unspecified
Sq Footage	Unspecified
Bedrooms	7
Bathrooms	3 full, 0 partial
Floors	2
Parking	1 Car garage
Lot Size	2,800 sqft
HOA/Maint	$0 per month

DESCRIPTION

What a wonderful opportunity to own a classic seashore home and get a little help with the payments with the lower level apartment. This single family house boast 6 bedrooms and 2 full baths, living room with fireplace, full kitchen and dining room. The ground floor apartment has 1 bedroom + small guest room, 1 bath, kitchen and living room. Outside has an upper deck and lower patio for plenty of outdoor entertaining. This outstanding value is located only 1 block from the bay so you can watch stunning sunsets and just a few blocks to the beach. Don't pass up this chance to live at the shore year round or have a great large summer house for a summer full of fun. Owners said "Bring ALL OFFERS".

see additional photos below

PROPERTY FEATURES

• Fireplace	• Hardwood floor	• Living room
• Dining room	• Basement	• Balcony, Deck, or Patio

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 5
Photo 6	Photo 1

Contact info:

Linda & Terry Iwaniw

Resales & Investment Realty

856-795-3111 x262

For sale by agent/broker

Posted: Jul 13, 2009, 9:37am PDT

Just Listed! 4 Bedroom Cape Code Home w/Spacious Backyard

2009-07-23T20:43:55Z

Linda & Terry Iwaniw | Resales & Investment Realty | 609-417-1086

19 Pinewood Ln, Sicklerville, NJ

4 Bedroom Cape Code with Spacious Backyard

4BR/2BA Single Family House

offered at $159,000

Year Built	1971
Sq Footage	Unspecified
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	2
Parking	1 Car garage
Lot Size	12,000 sqft
HOA/Maint	$0 per month

DESCRIPTION

With just a little paint & flooring this wonderful Cape Cod will be your perfect home. With vaulted ceilings and a modern open floor plan you won't want to miss this opportunity to live in one of the nicest areas in Sicklerville. Boasting a great foyer and 4 spacious bedrooms and 2 full baths this Cape has room for everyone. Gas heat and newer central air. The lot is over a 1/4 acre and has a great patio for your outdoor enjoyment. Show & Sell.

see additional photos below

PROPERTY FEATURES

• Central A/C	• Central heat	• High/Vaulted ceiling
• Living room	• Dining room	• Stove/Oven
• Laundry area - inside	• Balcony, Deck, or Patio	• Yard

COMMUNITY FEATURES

• Garage parking

OTHER SPECIAL FEATURES

• Vaulted/Cathedral Ceiling

• Open Floor Plan

• Large backyard

ADDITIONAL PHOTOS

Exterior Front Left Side	Kitchen
Living Room	Exterior Rear - Patio
Backyard

Contact info:

Linda & Terry Iwaniw

Resales & Investment Realty

609-417-1086

For sale by agent/broker

Posted: Jul 23, 2009, 5:10pm PDT

REDUCED! New Price - $229,000 for 2 Bedroom Rancher in Adult Community

2009-07-20T01:06:17Z

Linda & Terry Iwaniw | Resales & Investment Realty | 609-417-1086

30 Chrissy Ln, Sicklerville, NJ

2 Bedroom 1 Story Home For Sale

2BR/2BA Single Family House

offered at $229,900

Year Built	2002
Sq Footage	2,000
Bedrooms	2
Bathrooms	2 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	5,440 sqft
HOA/Maint	$120 per month

DESCRIPTION

see additional photos below

PROPERTY FEATURES

• Central A/C	• Central heat	• Fireplace
• Walk-in closet	• Family room	• Living room
• Breakfast nook	• Stove/Oven	• Basement
• Laundry area - inside	• Balcony, Deck, or Patio	• Yard

COMMUNITY FEATURES

• Clubhouse

• Lake

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Linda & Terry Iwaniw

Resales & Investment Realty

609-417-1086

For sale by agent/broker