Hoboken, NJ

Today you can find just about anything on Craigslist. As a potential Real Estate Investor, did you ever notice that Craigslist is divided into cities? This can be a big drawback when you are searching for properties for sale.

Did you know there is a feature on Craigslist that allows you to search multiple cities at one time? The featured site is called http://www.Craigshelper.com but is now very recently being redirected to http://www.searchtempest.com
(Thank you to James Lyon at Vista Pacific Realty for pointing this out).

With Craigshelper all you need to do is type in the zip code where you would like to search for property. It also gives you the ability to specify the radius of the search.
The Ad Notifier feature for Craigslist will alert you when something is posted on Craigslist that fits your specifications. Ad Notifier for Craigslist will even text your cell phone when a match is found. 





What really is critical to get the tools to work is to be sure to use the best search terms. Avoid using a simple term like “house for sale” try using creative search terms that locate sellers. 



The following search terms may be helpful for finding people that need to sell their property:



• Owner will finance
• Owner Desperate
• Motivated seller
• House must go
• Homeowner must sell
• All offers welcome
• Seller will carry second
• Consider all offers
• Terms available
• OBO, Or Best offer
• Below appraised value
• Will sell for what is owed
• Lease Option
• Rent to own

It is amazing what you can find by thinking creatively when you are looking to purchase property.

For more great information go to First Time Buyers are Leading the Way.

To find out all the benefits and options for preventing foreclosure, contact Eddie Perez, Broker-REALTOR, CDPE or Anoir Redouane, REALTOR, CDPE. Their market includes Hoboken, Jersey City, Weehawken and Union City. They can be reached at eddie@InvestHoboken.com or 201-344-2886.

Fortunately, it appears that things could be improving for short sales.

The recent U.S. Treasury announcement stated that it would be providing more incentives for borrowers and mortgage services to pursue short sales and other foreclosure alternatives.

The incentives and process guidelines are part of a larger program called Making Home Affordable, which is in place to help homeowners avoid losing their home.

This past May, the Treasury proposed that lenders would receive a $1,000 for allowing the owner of a house to sell for less than the amount owed on a mortgage, and than accept the proceeds as full repayment. This also applies to the deed-in-lieu transaction, where a lender would receive $1,000 when the deed is transferred to the lender in place of going through a costly foreclosure.

In addition, borrowers who agree to short sales or deed-in-lieu deals can receive up to $1,500 in closing costs. The Treasury also said it will pay second lien holders up to $1,000 to relinquish their claims in such transactions.

Source: http://www.reuters.com/article/GCA-Housing/idUSTRE5916X220091002

For more great information go to First Time Home Buyers Are Leading The Way.

To find out all the benefits and options for preventing foreclosure, contact Eddie Perez, Broker-REALTOR, CDPE or Anoir Redouane, REALTOR, CDPE. Their market includes Hoboken, Jersey City, Weehawken and Union City. They can be reached at eddie@InvestHoboken.com or 201-344-2886.

On October 8, nearly a month earlier than the November 1 deadline set earlier this year, the U.S. Department of the Treasury and U.S. Department of Housing and Urban Development (HUD) announced that more than 500,000 trial loan modifications are in progress under the Making Home Affordable program.

The November 1 deadline was set in July so servicers would work at a faster pace to complete the modifications.

The Administration still believes that more can be done to assist struggling homeowners. Senior Treasury and HUD officials will be meeting to discuss how to improve servicer efficiency and responsiveness to borrowers during the modification process.

The most recent Monthly MHA Program Report, which tracks servicer performance through the month of September – ending September 30, 2009 can be found below.

http://www.treas.gov/press/releases/docs/MHA%20Public%20100809%20Final.pdf.

For more great information go to First Time Home Buyers Are Leading The Way.

To find out all the benefits and options for preventing foreclosure, contact Eddie Perez, Broker-REALTOR, CDPE or Anoir Redouane, REALTOR, CDPE. Their market includes Hoboken, Jersey City, Weehawken and Union City. They can be reached at eddie@InvestHoboken.com or 201-344-2886.

Don’t miss out on this very spacious and charming condo located in Hoboken. This is a great opportunity to take advantage of the $8,000 First-Time Home Buyer Credit. Act now before it’s too late!

As a top Hoboken REALTOR, I can help you through the entire process of buying your first home. If you are looking for assistance in finding the perfect home in Hoboken, contact Eddie Perez at (201) 344-2886 or go to Hoboken Condo Expert.

The December 1 deadline for the $8,000 First-Time Home Buyer Tax Credit is rapidly approaching. There are many great opportunities for the first-time home buyer in Hoboken. Now is the time to buy your first home. Below you will find one of the lovely available condos located in Hoboken.

As a top Hoboken REALTOR, I can help you through the entire process of buying your first home. If you are looking for assistance in finding the perfect home in Hoboken, contact Eddie Perez at (201) 344-2886 or go to Hoboken Condo Expert.