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!
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!
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:
- first-time home buyers wanting to purchase in time for the $8000 tax credit ;
- those downsizing and wanting a smaller home - particularly a ranch;
- folks seeking a vacation or getaway property in a lovely Sussex County NJ lake community;
- all house hunters seeking a fabulous deal!
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.
Irene, great presentation! This certainly is not the way foreclosures are usually handled down in these parts. If they were, we'd have far fewer on the market around the countyr.
Pat,
REOs are tons of work. My personal view is that a foreclosure should be marketed just as well as any other property. I even use an electronic lockbox (in addition to the bank-required combination box); other ActiveRain posts indicate this is unusual. I want my colleagues to have easy access and bring me those offers.
Thanks for your kind words - I suspect my efforts are one of the reasons bank honor me with their foreclosure listings!
What a beautiful job you did on the video! The place looks great, not at all like the usual foreclosures we see! Here's to a quick sale! Keep up the good work!
Nice job Irene. Don't know your prices down your way but that's a real bargain compared to our prices.
We don't deal with many REO up here. Our banks can sell the property via forclosure which takes months as it appears happens in the US, or the usual method is called Power of Sale which allows them to take over the property and have it sold and the process is cut down to 30-60 days.
Sharon - My video secret is "Real Estate Shows." If you go to Jeff Turner's blog: Turner's Perspective, he has a widget that gives fellow AR members get a break the 1st year. It has been WONDERFUL and one of the most cost effective marketing mechanisms I've found. (I've also used it for some family stuff, which everyone loves!) Take a look, perhaps go for the 30-day trial. I could see a lot of applications for your staging business.
Peggy & Al - This is a bargain by our local standards - particularly given its lakeside location. Even though the bank had already foreclosed on a home that was abandoned a year ago, we were delayed by a 30-day mandatory "personal property eviction." Former owners had the right to get their furniture, clothes, mini-pool table - which they didn't. So the new owner then pays to have it all cleaned out!
Irene,
Love your localism posts. You're making me homesick.
Rich
Rich,
Maybe we should work out a home swap for a week!