I am looking to purchase real estate in central New Jersey, Middlesex or Somerset County. I am not in a rush to buy, I want to get the best price I can when I find a home that is suitable for me. How much below the asking/list price is reasonable and still likely to succeed? If the home is in foreclosure or a short sale, does that make a difference? Also, if the home has been listed for more, or less, than two months, does that make a difference?
How can I find out more information about foreclosures and short sales in my area? When I look at Zillow.com or Realtor.com I cann see properties that are in foreclosure or subject to short sales, but photos, descriptions and asking prices are often not available. There seem to be sunscription based websites that have information on foreclosures and short sales, but I am trying to avoid the website fee and I question their reliability.
I am just trying to figure out how to get the best deal possible, particularly since I am not in a rush to close the transaction. Thank you for your advice.
How can I find out more information about foreclosures and short sales in my area? When I look at Zillow.com or Realtor.com I cann see properties that are in foreclosure or subject to short sales, but photos, descriptions and asking prices are often not available. There seem to be sunscription based websites that have information on foreclosures and short sales, but I am trying to avoid the website fee and I question their reliability.
I am just trying to figure out how to get the best deal possible, particularly since I am not in a rush to close the transaction. Thank you for your advice.