Cherry Hill Township is a beautiful place! It's known for its excellent location due to the bridges to Philadelphia, great schools, major roadways, and Cherry Hill Mall. At Cherry Hill Real Estate there are properties and homes for sale. There is everything from townhouses, luxury homes, condos, and single family homes. We are more than happy to assist you in finding the perfect home for you. We have provided every real estate listing in Cherry Hill that is available in our MLS. Just feel free to browns to find the perfect home just right for you!
There are a couple of benefits to purchasing a home on foreclosure. Also known as REOs these homes are owned by the bank. People may not always know how the benefits of an REO work or what it means to try and purchase these types of homes. Well, we have some information to share with you on the subject you will love.
First off, the bank owns these homes. So when you decide to purchase one you deal directly with the bank. Home owners can sometimes be attached to their homes and even former home owners can press legal action against you. This can end up a bit messy. Banks on the other hand have no emotional attachment to these properties. They want them to be bought to cover their losses.
Another great benefit is that you may not have to pay the outstanding property taxes on the property. Homeowners can default on these payments or stop paying them all together. In order to entice more buyers banks will usually waive the outstanding real estate property taxes that are due on the property. It's always good to be on the safe side in these cases though by doing a title search first.
Another aspect that is great about REOs is the fact you can do a home inspection on these homes. You can request to see and inspect the bank owned property before striking the deal. There are homes that do need to be fixed up a bit. REOs are usually not move in ready most of the time. They're distressed homes and some of them do require serious work to be done to them.
You can also purchase REOs at discounted prices. It's one of the biggest reasons people go for foreclosed homes in the first place. Always be sure to check though just in case. Just because the majority of REOs are below the market price does not mean you're getting a good deal. In order to make sure you're paying the right amount be sure to check the prices of the homes being sold in the same area.
Now that you know a little more about foreclosed properties. Why don't we take a loot at some of the beautiful properties and homes on sale right now in Cherry Hill?
1400 Maple Ave, Cherry Hill, NJ 08002 (MLS # 6612884)
This two story brick corner lot was built in 1949. It's had four beds, 3 ½ baths, and the lot size is 12, 180 sqft. This gorgeous property is located in the prestigious Colwick Subdivision. It has a large living room with a wood burning fireplace. It also features a over sized dining room and a bright family room. Even the master bedroom is on the first floor with a stall shower and a Jacuzzi tub. It can also be used as an in-law suite.
On the second floor the property features a MBR suite as well. The library or den has plenty of room to be a computer area. There is public transportation that is within walking distance. It's only a ½ mile to the golf course and one mile away from the Cherry Hill Mall. This is a home you want to have on your list when you're looking for the best place to live.
121c Cherry Parke, Cherry Hill, NJ 08002 (MLS # 6608136)
This residential flat was built in 1950. It offers two beds, one full bath, has a home size of 944 sqft, and the lot size is 4.51 ac. This is the perfect opportunity for any home owner to take advantage of. It's an affordable condo that overlooks Cooper River Park. It is only minutes away from entertainment, shopping, fifteen minutes from Philadelphia, and dining. It has a the beautiful scenic location in Cherry Hill. There is an excellent school system, full appliance packages, on-site maintenance, Condo Association covers water, community pool, hot water, snow removals, heat, roof, landscaping, parking lot/driveway, and common areas. This is the perfect place if you're looking to get some space when you purchase your property.
210 Rhode Island Ave, Cherry Hill, NJ 08002 (MLS # 6607464)
This single family home was built in 1954. It has five beds, 3 ½ baths, a home size of 2,463 sqft, and a lot size of 9,800 sqft. This vacant property is very easy to show. It does need some work, but it's perfect as a family neighborhood. There is a lower level In LaW suit with kitchen, separate entrance, bedroom, L/R, and bath. It also features a partial finished basement with a bar and built ins. Could be a workshop or craft room on the same level.
We hope you find the home you're looking in Cherry Hill, NJ!