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Short Sales & Foreclosures Have Crept Into Town, but are Not Taking Over
May 05, 2010| posted by: Bev Meaux
 There is a lot in the news about how towns across the country are getting hit hard with numerous short sales and foreclosures. A short sale is a transaction where the bank(s) has to approve the sale because more money is owed on the home than the home is currently worth. A bank-owned property (or foreclosure) is a property that is owned and sold by one bank. During the first quarter of this year Maplewood and West Orange...[Read More]
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WATCH VIDEO: Northern New Jersey Short Sales & Foreclosures
May 02, 2010| posted by: Bev Meaux
 No town is immune from short sales and foreclosures in this country right now. Even if it's just the fact that sellers are selling their home for less than what they paid for it, but they are able to bring the difference owed to the table so they don't have to involve a bank -- short sales exist in some form everywhere. Watch this quick report on short sales and foreclosures in Maplewood, West Orange and South Orange, New Jersey. Know the facts....[Read More]
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Short Sales Do Sell. This is Bank-Approved & Ready to Go.
May 01, 2010| posted by: Bev Meaux
 The bank has completed its appraisal and given a price of $214,000. This is ready to be sold to you. Don't be afraid of short sales. Take advantage of them. Work with Bev and Bob Meaux, your short sales and foreclosure resource...[Read More]
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West Orange, NJ Short Sales and Bank-Owned Homes
March 16, 2010| posted by: Bev Meaux
 As of Sunday West Orange, New Jersey had 47 residential homes that are either being sold as a short sale, foreclosure/bank owned, or corporate owned. This equates to 14% of the 327 homes listed today. Neighboring towns ...[Read More]
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Short Sales and Foreclosures in Maplewood, New Jersey
February 27, 2010| posted by: Bev Meaux
Nineteen percent of the residential homes in Maplewood, New Jersey are short sales or bank-owned as listed in the Garden State Multiple Listing Service (GSMLS). See the 22 properties that are short sales or foreclosures in Maplewood...[Read More]
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Current List of Short Sales & Foreclosures in South Orange
February 27, 2010| posted by: Bev Meaux
 Just like Maplewood, New Jersey, its next door neighbor South Orange, New Jersey also currently has 19% of its residential homes listed for sale in the Garden State Multiple Listing Service (GSMLS) marked as a short sale or foreclosure. Short sales aren't for the impatient or faint of heart; time has to be on your side in most cases. For foreclosures, it all depends on the bank on how fast you can really close. Here's the full list
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If You Were Underwater on Your Mortgage, Would You Simply Walk Away?
January 29, 2010| posted by: Bev Meaux
 This morning Barbara Corcoran was interviewed on the Today Show about how many homeowners are walking away from their mortgage. Here's what they reported...[Read More]
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Useful Information for Buyers Ready to Make a Purchase
January 05, 2010| posted by: Bev Meaux
 More than ever in today's market when you're looking to purchase it's important to know a little about the seller's situation before you proceed with making an offer. This means your real estate agent should make sure it's indeed a normal sale or whether it's in jeapordy of being a short sale or is a short sale and, if so, where things are in the short sales process. There are 3 common purchase options in the area today. If you're going make an offer on a short sale, make sure you consider some things first...[Read More]
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Short Sales Tips for Sellers in the Bloomfield, Maplewood, South Orange & West Orange
December 30, 2009| posted by: Bev Meaux
 Many homeowners in Bloomfield, Maplewood, Montclair, South Orange, and West Orange are finding themselves stuck with the possibility of having to do a short sale on their home. Bob Meaux and I are looking forward to being a resource and crutch to sellers caught up in selling their home as a short sale. We have a team of professionals waiting to help sellers through the short sale process as successfully as possible...[Read More]
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If You Don't Do Anything Else, Be Honest with Yourself. Knowledge Isn't the Power.
December 28, 2009| posted by: Bev Meaux
 Knowledge isn't power; it's what you do with Knowledge that makes you powerful. I've heard, seen and experienced a lot of life stories this year. What it has all taught me is that if you're going to wear a mask and lie to those all around you about well your household is doing financially, at least be honest with yourself behind closed doors...and plan accordingly...[Read More]
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