Choose your Washer/Dryer or Fridge for this Ranch Home for sale Frankford-Branchville NJ

Free refrigerator-fridge at ranch home for sale Sussex County NJ - Hasslefreeclipart.comEven with a SECOND PRICE REDUCTION, through March 15, 2010 the estate is offering the buyers $1000 at closing for a new refrigerator or a washer-dryer. Many reasons to make this Sussex County NJ ranch for sale your new home!

That is right! In addition to all the tax credits offered to home buyers right now, you now have further incentive to make this Frankford 3 bedroom renovated ranch house for sale your new home. (Branchville zip makes it appear that way on some sites.)

Free washer-dryer at ranch home for sale Sussex County NJ - Hasslefreeclipart.com

Why not just install a new appliance now?  The future owners may have a great fridge already but need a stackable washer dryer.  Too, you may like French doors while others might want a side-by-side model.  Potential vacation-home users might not want to do laundry here. So you pick what fits you best. You can personalize your selection of fridge or washer dryer in this lovely Frankford-Branchville ranch home for sale in Sussex County.

For the video on 11 Worthington Road: Wonderful Ranch Home in Frankford-Branchville - Sussex County NJ - Vacation Property Potential too

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a vacation home or looking to buy a Sussex County NJ getaway property? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Her primary market includes: Augusta, Branchville, Crystal Springs, Frankford, Franklin, Hamburg, Hampton, Hardyston, Highland Lakes, Lake Mohawk, Newton, Ogdensburg, Scenic Lakes, Sparta, Stockholm, Sussex, Vernon, Wantage.

9 commentsIrene Kennedy Sussex County NJ Realtor® • February 11 2010 10:40AM

Almost $10,000 price reduction on FORECLOSURE - Indian Fields townhome for sale - Hardyston (Hamburg) Sussex County NJ

Update January 29 - An offer was accepted on this foreclosed Indian Fields townhome in Hardyston NJ and a sale is proceeding!

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Price slashed on Foreclosure - Indian Fields home for sale - Hardyston-Hamburg NJA second HUGE price reduction on this Indian Fields home for sale. This bank-owned townhome for sale in Hardyston NJ (zip shared with Hamburg NJ, so it may appear as in that town) has had several offers that were rejected. Yes, it needs some work but is far from a dump.

At just $169,900 someone is going to snatch up this in Indian Fields REO home for sale in Hardyston NJ - assuming they consider the points in Want to Steal a Foreclosure - Sussex County NJ? I smell a sale in the works...

Related posts: PRICE SLASHED - Foreclosure Townhome - Indian Fields, Hardyston (Hamburg) - Sussex County NJ Homes for Sale

Foreclosure - Indian Fields, Hardyston, Sussex County NJ - Bank Owned home for sale

 

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a home or looking to buy a Sussex County NJ foreclosure for sale? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.

Open House for Sale - Jan. 17 - Frankford-Branchville NJ Ranch, 11 Worthington Road

Please join me a bit on Sunday, January 17, 2010 between noon and 3:00 p.m. I'll be hosting an Open House at 11 Worthington Road, Frankford-Branchville NJ. The estate has done tons of work getting this ranch home ready for the Sussex County market.

Ranch home for sale Frankford-Branchville NJ, 11 Worthington Road

Estate Sale - 11 Worthington Road, Renovated ranch home for sale Frankford-Branchville NJ has a video link of the interior of this house while:

Wonderful Ranch Home in Frankford-Branchville - Sussex County NJ - Vacation Property Potential too gives the lay of the land. 

 

Again, Open House, Sunday, Jan. 17 from noon until 3:00. And I'll have details of all the improvements that have been done on the Frankford ranch house for sale!

 

Hope to meet you there!

 

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a vacation home or looking to buy a Sussex County NJ getaway property? This is one that you should see. 

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Irene's contact data is to the right.

PRICE SLASHED - Foreclosure Townhome - Indian Fields, Hardyston (Hamburg) - Sussex County NJ Homes for Sale

The price on 25 Meadow Pond Road in Hardyston's Indian Fields community has been slashed by 5%. A Freddie Mac foreclosure home for sale in Sussex County NJ, the list price is now just $179500. This townhouse has 2 bedrooms and 1.5 bathrooms. A finished, walkout basement adds to the value of this interior townhome.

Because Hardyston and Hamburg share a zip code within Sussex County NJ, this REO may appear as a Hamburg foreclosure home for sale on some IDX feeds. 25 Meadow Pond Road is actually in Hardyston and so listed in the GSMLS system.

Even before the price reduction on this AS-IS Indian Fields townhome, it was the least expensive within the community. And, unlike a short sale, buyers will enjoy a rapid response to their offer; bank-owned foreclosures can be a great deal.

 

Work will be required on this 1995 Indian Fields foreclosure home for sale. Certainly patching and painting are essential. Carpets are shabby and the kitchen vinyl isn't great.  Some plumbing repairs are in the cards and a few thermal windows are cracked. No, it is NOT in tip-top shape, which accounts for the value pricing of this Hardyston-Hamburg townhome for sale in Sussex County NJ.

While not the right choice for all buyers, 25 Meadow Pond Road in Indian Fields is a great deal for someone wanting a 2 bedroom townhouse in a very popular Sussex County community! This foreclosure is priced to attract real interest.

 

Copyright © 2009, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a home or looking to buy some Sussex County NJ real estate? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.

3 commentsIrene Kennedy Sussex County NJ Realtor® • December 16 2009 02:00PM

Foreclosure - Indian Fields, Hardyston, Sussex County NJ - Bank Owned home for sale

This bargain is a foreclosed 2 bedroom, 1.5 bathroom interior townhouse in Indian Fields. (Hardyston township shares a Hamburg NJ zip code.) In one of Sussex County's most desirable communities, this Freddie Mac REO is priced to move very, very quickly. I'm very excited to be able to offer this real estate listing at 25 Meadow Pond Road.

Bank owned REO foreclosure Sussex County NJ real estate - Indian FieldsOn the day it was listed (November 6, 2009), it is - at $188900 - by far the least expensive active home for sale in the Garden State MLS for the section Indian Fields.

Does it need wall prep and interior painting? Sure does.

Does it need new carpeting? Without a doubt. Personally, I'd also replace the vinyl floor in the kitchen.

Are a couple of the thermal windows cracked and in need of replacement?  You betcha.

Does the difference between $188900 and $224900 more than compensate for the work that is needed?  I certainly think so and strongly suspect that buyers will too!

The electric should be on later today; the cleaning will occur on/by Wednesday, Nov. 11. Showings, however, can already begin.  It does have a finished, walkout basement too!

 

25 Meadow Pond Road Indian Fields Hardyston Foreclosure home for sale - Irene Kennedy

This bank-owned Indian Fields townhouse in Hardyston NJ is certainly what I view as one of Sussex County's current hot homes for sale. With an REO, fast decisions and closings are possible. It is being sold entirely AS-IS and the buyer will have to cover transfer tax, Certificate of Occupancy and winterization costs associated with home inspections. But it is still a great real estate deal!

Copyright © 2009, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a home or looking to buy one around Sussex County NJ? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Her primary market includes: Augusta, Branchville, Crystal Springs, Frankford, Franklin, Hamburg, Hampton, Hardyston, Highland Lakes, Lake Mohawk, Newton, Ogdensburg, Scenic Lakes, Sparta, Stockholm, Sussex, Vernon, Wantage.

3 commentsIrene Kennedy Sussex County NJ Realtor® • November 06 2009 03:16PM

Foreclosure - Spectacular Bank-Owned REO, 3+ bedroom home for sale in Sussex County NJ Lake Community

This Fannie Mae foreclosure is a move-in condition bank-owned, 3+ bedroom home for sale in Wantage - Sussex County NJ! Unlike some short sales, buyers can close on this REO very rapidly - in time for the $8000 tax credit. This bi-level is on a mountain in the Lake Neepaulin lake community within Wantage.

While I am not the actual listing agent, my parent company is and has honored me with the task of bringing in the buyers for this Wantage foreclosure property. New, neutral carpet has been installed in the living room, hallway and 3 upstairs bedrooms.  All the rooms have been freshly painted.

Reasons I predict this Sussex County NJ bank-owned home for sale will go quickly:

  • Priced in the range most attractive to first-time buyers;
  • Quick closing is possible;
  • It can be used as a 3 or 4 bedroom home;
  • 3 full bathrooms - most unusual;
  • Few REO homes for sale in Sussex County are this nicely fixed up;
  • Lake Neepaulin is one of the many Sussex County lake communities that are popular for year-round residents and for vacation homes.

Copyright © 2009, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a home or looking to buy one around Sussex County NJ? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Her primary market includes: Augusta, Branchville, Crystal Springs, Frankford, Franklin, Hamburg, Hampton, Hardyston, Highland Lakes, Lake Mohawk, Newton, Ogdensburg, Scenic Lakes, Sparta, Stockholm, Sussex, Vernon, Wantage.

Highlands Lakes NJ Foreclosure - An REO gem among Vernon-Sussex County homes for sale

Update Sept. 19 - This Sussex County NJ foreclosed home for sale attracted a huge amount of interest and multiple offers. Freddie Mac/HomeSteps has accepted one and kept another as a backup. Alas, there isn't an equivalent home for sale in Highland Lakes right now - or I'd have a deal on it too right now!

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At long last, this fabulous three-bedroom ranch home for sale in Highland Lakes NJ awaits you! An attractively priced foreclosure in Sussex County NJ, this Vernon home has the most spectacular lake views. Whether you seek a vacation property or a permanent residence, this ranch in Highland Lakes might just be the deal for which you've been waiting!

"Before" Highland Lakes NJ foreclosure home for sale - Irene Kennedy Sussex County real estate agent

Offered at just $167000 - in time to benefit from the $8000 first-time home buyer tax credit!

Since early July, I've been VERY excited about listing 29 Lakeside Drive - Highland Lakes (Vernon NJ) for sale because it is in such good condition compared to typical REOs for sale - Highland Lakes and elsewhere. Freddie Mac/HomeSteps has been most generous in funding "make ready" work. The neglected yard got a long overdue haircut (as a neighbor stood and cheered!). The Vernon NJ home for sale has been emptied and cleaned - see the terrible "before" photo. Some steps are still in the works: electric repairs and removal of the living room carpet/reseal the underlying hardwood floors. This Highland Lakes foreclosure home for sale will also have the plumbing checked once we can operate the well pump. (It had been winterized.)

I'm delighted to report that it no longers looks like that photo. This Vernon NJ home for sale is now ready for buyers to come take a peek! With the lake right across the street, I anticipate a great deal of interest from:

 

The following link to one of my posts may be useful if you're considering a foreclosure in Highland Lakes - Vernon - Sussex County NJ or anywhere in the U.S. You'll also find links to some of my other posts on distressed properties - REOs, foreclosures, pre-forclosures, short sales, etc.

Want to Steal a Foreclosure? Get the REO facts from a Sussex County NJ real estate agent

 

Copyright © 2009, Irene Kennedy, all rights reserved. This blog post from RealtorIrene represents Irene's personal musings.

Considering selling a home or looking to buy one around Sussex County, NJ? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene directly via the data to the right or HomesIrene.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Her primary market includes: Augusta, Branchville, Crystal Springs, Frankford, Franklin, Hamburg, Hampton, Hardyston, Highland Lakes, Lake Mohawk, Newton, Ogdensburg, Scenic Lakes, Sparta, Stockholm, Sussex, Vernon, Wantage. With her vast network, however, Irene Kennedy also can help you find an equally talented real estate agent elsewhere.

 

 

Franklin Ranch Home for Sale - Open House at prime Sussex County NJ real estate

Update August 21 - In record time for most Sussex County NJ real estate, the home for sale in Franklin had completed Attorney Review and was Under Contract on August 14.  The buyers were guests at my Open House - about which I'll be posting soon!

Clean out was just completed August 6 on this Franklin NJ ranch home for sale. Even so, interest in this well-priced 2 - 3 bedroom Sussex County real estate has been very high. On more than 1/2 acre of land, it has public sewer and is central to major commuter roads.

 

I (Irene Kennedy) will host the first Open House will be Sunday, August 9, from 1:00 - 5:00 p.m., 19 Scott Road, Franklin - Sussex County NJ.

 

Priced as attractively as a bank-owned foreclosure, potential buyers of this Franklin ranch at 19 Scott Road - off North Church Road - face none of those headaches. This gem does need painting and a new kitchen floor but the bargain price of $180000 - As-Is - acknowledges those required cosmetics.

Solid Ranch for Sale - 19 Scott Road, Franklin NJ

19 Scott Road, Franklin, NJ 07416 View Map

ESTATE SALE.

Private, solid ranch with hardwood floors on very desirable street in Franklin Boro – but this has PUBLIC SEWER.

Both bedrooms have walk-in closets.

Eat-in kitchen.

Fireplace.

Improvements: windows, furnace, water heater, well pumps, etc.

Owner placed yellow flags to roughly mark property lines but he didn't climb into brush...

Details

Asking Price:
$180000
MLS:
2702316
Sq. Feet:
1400
Lot Size:
.51 acres
Bedrooms:
2
Bathrooms:
1
# of Floors:
1
Garage Size:
2 car
Year Built:
1940

Property Amenities

    - Range/Oven
    - Full Refrigerator
    - Washer/Dryer
    - Fireplace
    - Hardwood floors
    - Basement
    - Attic
    - Yard
    - Living room
    - Dining Room

Contact Info

Irene Kennedy
Real Estate Agent in Sussex County, NJ



Main 973-827-8899
Cell 973-493-8216
Email | Website

All information is deemed reliable but is not guaranteed.

 

Copyright © 2009, Irene Kennedy, all rights reserved. This blog post from RealtorIrene.com represents Irene's personal musings.

Considering selling a home or looking to buy one around Sussex County NJ? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right or HomesIrene.com.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office.

Broker Price Opinions around Sussex County, NJ - Part 2: Pink Elephant BPOs

A BPO requires a listing history and details about the Subject property. As the 2 MLS systems to which I belong have a 10-year memory, I normally can get a lot of data about a home, even if it is not currently listed for sale or as a rental.

Sparta MLS - no compsWhat happens when there is no data in the MLS? Worse yet, when there are no comps?

                             

One Thursday afternoon in February 2009, I accepted an exterior BPO order for a home in Sparta - had a 24-hour deadline.  Armed only with the owner's name and the address, I scoured both GSMLS & NJMLS. Not an entry anywhere.  So, I scurried to Sparta's lovely municipal building, where the staff jumps through hoops to provide assistance.

According to the Sparta assessor, the Subject was once a single family but had been a boarding house for many, many years. Conversions resulted in a 10 bedroom dwelling with multiple kitchens, too-few baths and no living room, no dining room, etc. Original part was over 100 years old, additions slapped on every so often. Oh, fabulous, finding comps will be a piece of cake!!! The assessor confirmed there was nothing even close within Sparta - and doubted I'd find another similar, legal boarding home in the county.

Then I had to check into the septic system to find out if it had a 10 bedroom capacity.  Sparta's plumbing expert happened to be in the office and helped me wade through the septic - information in the file, that is.  Upshot? He couldn't figure out what the story was; file had contradictions, incomplete schematic, etc. 

Okay, now I have to take a few exterior photos of the Subject.  The gravel drive had not been plowed and Sussex County BPO - Pink elephantwas just a sheet of ice. The home was set well back from the road. So, in my dress shoes (flats, thank heaven!), I slip and slide close enough to see the house.  Pink. The enormous structure was most unusual and pink!  I took photos of 3 sides but to this day cannot really say which was the front of the home. I will not upload my own pictures and identify it.

Spent 5 hours on this BPO, including town hall and efforts to locate comps.  Met my deadline.

The following Tuesday, I get a call from the vendor who hired me for this BPO. The "client" isn't happy that I comped it as a boarding house.  Now, one of my BPO tricks is to upload supporting documentation - in this case, the assessor's card and septic summary went along with my submission.  "Sorry, but I went to great lengths and did a BPO based on reality and how the Subject is assessed. It is NOT a single family and has not been for more than a decade. It actually took me a lot longer because it is not a home." 

And that is how I got a second, full payment to do another BPO on the Subject as a single family! :-)

 Broker Price Opinions - Part 1: BPOs on Homes around Sussex County, New Jersey

 

Search for Sussex County, NJ, homes for sale - pink elephants or not! 

Pitfalls of Foreclosures. Disadvantages of REOs for Buyers - Sussex County NJ perspective

Part 6 of Distressed Properties are NOT Black Holes!, a six part series by Sussex County NJ real estate pro, Irene Kennedy

REOs do present some challenges that may or may not occur in other types of real estate sales. I'll provide the most common issues I encounter around Sussex County, NJ - and bet my colleagues will add lots of other snafus!

DemolitionUnknown conditions. The bank has no history on the property. It does not know if there is an old oil tank buried. The age of the roof is a mystery. Most banks have not even had one of their own employees visit the property. The BPO and photos are normally the basis and extent of the bank's knowledge. I've never had a bank hire a home inspector to do a more thorough job. So, yes, there is more risk for a buyer. This is true not just for foreclosures in Sussex County NJ!

 

Speed. Bank's love contracts that call for a closing in 30 days or less. They don't like to hear 90 days, 60 days. I did have one agree to a 45-day window but it actually closed earlier than that. Most banks specify that the buyer pays $XX per day for each day the closing is delayed - for any reason other than the bank extending.

Unusual Aspects. 

  • Shifting costs: In my primary real estate area within Sussex County, sellers normally pay for water/well testing, a Certificate of Occupancy and some other low-cost items. With REOs, the cost and responsibility is often shifted to the buyer.
  • AS-IS: Means exactly that; what you see is what you get. What you don't see is also what you get. The bank will not do or discount the price toward repairs; these are taken into account with the list price.
  • Disclosures: There will not be a Seller's Disclosure because the bank has no historic knowledge; what you see is what you get.
  • Home Inspection Timing: Some banks insist any home inspections be done prior to submitting an offer. Many buyers refuse to pay for a home inspection before knowing if the seller (the bank) will accept their offer. For my most recent closing of one of my REOs in Sussex County, I had a terrible time as buyers walked away and put in offers on places where inspection followed a contract. Only a licensed general contractor who was not going to do a home inspection at any point submitted an offer (lowball). I eventually persuaded the bank to permit a home inspection within 5 days of an accepted offer. I contacted every agent and the buyers to whom I had showed the home - and the offers came rolling in.
  • Even though the bank will not do anything based on the inspector's report, I still highly recommend all home buyers in Sussex County NJ do a full home inspection on an REO property. Regardless of its timing, this is a sound investment and might uncover some non-visible problems. The home inspector said the place needs a new roof? Based on the big blue plastic tarp nailed onto the roof over the hole that opens into the living room where the tree fell, I'd vote that a new roof comes as no surprise... All buyers should have an expert opinion on the condition of the property they are considering, just to know fully what they are getting and to decide if they really wish to proceed with the purchase based on all facts.

    Fully Executed Contract. Deal is done. Banks very rarely change any terms once that contract is ratified. Do not expect concessions afterwards. If something really surprising pops up, such as a very high radon reading, it probably wouldn't hurt to ask for a modest adjustment, but I've not yet had a bank agree.

    Repairs. AS-IS really means as-is. If the property had no toilet when it was listed and when you saw it, the bank will not be buying a new toilet. For the REO I mentioned in the above paragraph, when the first offer was accepted, the buyer promptly did a home inspection. Based on that, he came back with "must fix" items or dollar equivalent and the bank politely said go fly a kite. That listing, the buyer, his agent, and the fully-executed contract itself had been clear about As-Is and most of the items were quite apparent with the naked eye.

    Negotiations. Money PitNo face-to-face chats. When I represent the buyers of Sussex County homes for sale, I often ask the listing agent if he or she can arrange to have us sit down together with the sellers to present my buyers' offer and to negotiate a deal. (Buyers not present but "on standby" via phone.) This isn't a possibility when the bank owns the property. Furthermore, the bank does not give a hoot that Sally & Jim look forward to raising their growing family in this home. The bank doesn't care of the local chapter of the Hell's Angels is purchasing the REO. The bank cares about the bottom line and the speed of the closing. The listing agent prepares a "net sheet,"  preliminary HUD-1 or similar form to show how much money the bank will net, based on the offer presented.

     

  • Part 1 - Distressed Properties are NOT Black Holes!
  • Part 2 - Short Sales can be a great thing despite Timeframe & Lowballs
  • Part 3 - So You Want a Foreclosure: Bank-owned Properties - REOs
  • Part 4 - Want to Steal a Foreclosure? Get the REO facts.
  • Part 5 - Consider a Foreclosure - Advantages of REOs
  • Part 6 - Pitfalls of Foreclosures. Disadvantages of REOs for Buyers

Copyright © 2009, Irene Kennedy, all rights reserved. This blog post from RealtorIrene.com represents Irene's personal musings.

Considering selling a home or looking to buy one around Sussex County, NJ? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right or HomesIrene.com.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Her primary market includes: Augusta, Branchville, Crystal Springs, Frankford, Franklin, Hamburg, Hampton, Hardyston, Highland Lakes, Lake Mohawk, Newton, Ogdensburg, Scenic Lakes, Sparta, Stockholm, Sussex, Vernon, Wantage.