There is nothing more exciting than buying a house whether you are a first time owner or a flipper looking to make somewhat of a profit. Either way, you are bound to find some excitement, though you should note that buying a house can be held in comparison to Forest Gump’s ‘box of chocolates’ if you do not know what it is you are getting yourself into. There are so many different things that could be wrong with a house, and more often than not, you will have a considerable amount of trouble determining these faults before you sign n the dotted line. That being said, you need to make sure you have the best real estate agent, and one that will alert you to any potential problems within the property. There are a few steps that you can take yourself to ensure that the property you are buying is actually worth owning.

Tips to Finding the Best Marlton Real Estate New Jersey

As you are searching for real estate in New Jersey the first step you need to take is property comparison. There are a number of different properties for sale across the state, and comparing various prices for similar buildings to ensure that you are getting the best possible deal. Within the New Jersey area, Marlton in particular, it should be noted that the median price is sitting at somewhere around $200,000 though it can go as high as $400,000 depending upon the area and the condition of the home.

The next thing you need to do when seeking agents selling homes in Marlton, NJ is check whether you are dealing with a home owner sale or an REO resale. Real Estate Owned sales are a bit different in that the original homeowner does not actually have possession anymore. If you take a look at real estate websites, particularly those that deal in foreclosure you will more than likely notice two different types of listing. The firs type will show you homes that are currently in foreclosure and can be purchased. The second type of listing you will see are those that are in pre-foreclosure. These do not have a solid price but instead have an estimated price for when the home does finally enter foreclosure.

Pre-foreclosure is the state a home or building enters when the owner fails to pay the mortgage for that month or several months, depending upon the terms of their contract. At this point the owner does have the opportunity to continue paying and get their mortgage back on track. If they do no, the property goes to foreclosure and it is anyone’s guess who will own it next. You can either purchase a home that has been foreclosed upon, or you can take the option of waiting for a home in pre-foreclosure to actually enter foreclosure so that it can be purchased.


The benefit of having a good New Jersey real estate agent are virtually endless. The best real estate agents will be able to tell you that during the REO purchase you will have the opportunity to request a home inspection which will help to ensure that you do not end up with a ‘lemon’, for lack of a better term. There are many different parts that make up a home, from the electrical system, to the hot water heater, and a variety of other items that will control just how comfortable the home is. It is important to have a home inspector that is familiar with the intricacies of electrical, HVAC, plumbing, and other nuances that could cause problems within a home. Once you know what is wrong, you can seek estimates and determine whether or not you want to further seek purchase of the home.

It’s a lot of work, but there are plenty of benefits to buying a home the right way. You would do well to look at the different listings, and as always, make sure you hire a real estate agent. A good realtor will not only know the area, but will also potentially have private listings that you may not have learned of otherwise. Remember, there is more to houses than what you see on the surface, as there is with real estate listings.

You have a lot of work to do if you are to find the perfect house, but remember! A good real estate agent can do quite a bit of it for you! Once you have a good home in your sights, make sure you take a look at it and work any repairs or renovations that you might need to perform into the final price. There are some houses that sell fairly cheap, but when you factor in the repairs and renovations, you could rather easily break the bank. Keep this in mind that continue your search, because the best house is out there, somewhere. All you need is the right help and the right search criteria to find it and get it into your possession.