Do you happen to find yourself searching for a home in Burlington County New Jersey? If so, you’re going to need a trustworthy NJ Realtor to help you navigate the countless foreclosed homes and reo properties in the area. However, why should you go with these types of places when searching for a place to live? Well, there are a number of benefits to properties owned by the bank.
Benefits of Buying a Foreclosed Home and Rep Properties
Okay, so you’re looking into buying a home. Maybe you even want to purchase a reo property. However, what are the benefits of buying one of these properties versus going to your normal market? Well, there are a quite a few to go over. For now we’ll just mention the best ones.
No Homeowners – The house or property you’re looking to buy is owned purely by the bank. Meaning no hassle if you’re dealing with stubborn tenants or facing former owners threatening to take legal action to reclaim they’re property.
No Taxes – Banks want you to buy these properties! So to provide an incentive banks will waive any money owed on the real state property taxes. It’s a good way to keep some cash in your pocket.
Home Inspection – You can’t inspect a home at foreclosure auctions. If a property or home is owned by the bank you can request to inspect them. This gives you, the buyer, more power over what you’re buying. So you can see for yourself whether the home is worth your hard earned cash.
Safe Investment – Buying a foreclosed home or reo property is low risk in nature. This is due to the fact you have no homeowners to deal with or any legal issues. Even experts have deemed investing in bank owned properties are the safest real estate on the market. So if you’re a first time home buyer or inexperienced in buying foreclosed homes this is the best place to start.
Of course, there are many other benefits to buying foreclosed homes in Burlington County. You don’t have to pay any outstanding taxes, liens like electricity and water, and there are huge discounts since banks want to sell the properties.
The Homes and Properties Themselves
Now that you know all the amazing benefits of purchasing a foreclosed home and reo property where do you go from there? Well, this is where Long & Foster Real Estate Inc. steps in! Roxxane Ardary is the best realtor in the area where she has homes for sale in Burlington County, Camden County, and Gloucester Country in New Jersey. She is a realtor you can trust who understands you’re investing your hard earned money into a potential home or future property. On our website we offer a property search where you can find the perfect home to fit your criteria. Let’s take a look at some of the properties currently for sale.
102 Centerton Rd, Mount Laurel, NJ 08054
This is a beautiful colonial home with access to public transportation. It has four bedrooms and two full bathrooms. The size of the home is 1,792 sq. ft. while the size of the lot is 6,762 sq. ft. Despite being built in 1952 this home has a newer roof, new septic system, and even sports a few new windows. There is a second floor laundry available in the home and has a master bath. The home is being sold AS IS condition. This home is excellent if you’re looking for a starter home or an investment property. There are excellent schools in the area, and a tenant currently occupies the home.
51 Sandra Rd, Voorhees, NJ 08043
Maybe you’re not looking for a home. If so, a condo might be a good match for you! This space has two bedrooms and two full bathrooms. It offers 1,362 sq. ft. of floor space, so it’s quite spacious. This upper condo unit also offers a one car garage and new carpeting. There is also a 25 x 7 full length deck to lounge on. In the kitchen is a built in table along with a full size washer and dryer area for laundry day. There are even walk-in closets and a large master bedroom with a private bath. This condo also has an office area to work in and skylights to let in the sunlight. It should be noted this wonderful condo is professionally managed short sale with one bank. The buyer will be responsible for all or any certifications and repairs required in closing the sale.
9 Claver Hill Way, Mount Laurel, NJ 08054
This is a very large home for rent which is currently being painted. There are three bedrooms, two full bathrooms and a half, and has 1,896 sq. ft. in the home. The size of the lot is 4,793 sq. ft. This home was built in 1988 and has a large kitchen with eat-in area. There is an open floor plan in the home with a large living room area. The carpets have been freshly cleaned in this beautiful home along with a utility room to do laundry in. There is a spacious garage for one car with a new door and opener.
These are just a few of the properties on sale in the Mount Laurel area. From condos, to single family homes, townhomes, and even active adult communities. If you’re looking for a place to live with your new family or looking to invest in real estate this is the best place to start! Roxanne Ardary is familiar with the area and will help you to make the best decision when it comes to investing your money.
If you wish to contact Roxanne’s office the number is: (856) 857-2219
The cell number is: (609) 346-8209