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Fraud is like Pornography…I can’t always define it, but I know it when I see it!

I was talking with a real estate investor recently and he presented me with an unusual scenario, hypothetical I hope! I’ll change the names just to protect the innocent… so let’s just call this real estate investor, Mr T.Patrick the Starfish

So Mr T is wondering this…. If he finds a homeowner in foreclosure with no chance of recovery and offers to buy the home for $1000 subject to the existing mortgage.

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56 Woodmill Dr, Blackwood-Rental $1500

RENT or Rent to Own in Desirable Woodmill Pond section of Gloucester Twp, 3BR, 2.5 Bath, LR, DR, family room, laundry room, breakfast bar in Kitchen, one car garage with electric. This home has

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Top 3 Mistakes Home buyers make

I’m sure I’ll think of several more common mistakes as soon as I’m done typing this 🙂   As a full time real estate broker in South Jersey, I see this kind of thing all the time as I list and sell homes.   So here they are, in no particular order….

mistake Doh

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Good deal….or not a good deal? Take the QUIZ

question-mark_cartoonWhen you buy an house, how will you KNOW whether you got a good deal or not?   A commom misconception is to see how much the seller discounted the asking price and then decide if that’s a “good” discount or not.   I’m not sure how you magically guess the appropriate discount to qualify for a “good”

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Advice for new Investors… cheaper isn’t always better

If you’re at the clothes store, and you buy a shirt off the clearance rack for 90% off, is it a good deal?   What if it doesn’t fit you or it’s just plain ugly !?   I’ve been getting a lot of calls on a really low priced bank property from would be Investors looking for an investment property.   

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