Wildwood New Construction Detached Condo only $299,900

This is the cheapest you will find any detached condo in Wildwood or Cape May beach area.

This is a beautiful 4 bedroom 2.5 bathroom condo located only a couple blocks from the beach. It has it's own garage parking. It's like having your own separate home but with the benefits of a condo or townhouse.

On top of it all this is a NEW CONSTRUCTION

Please contact me ASAP on information about this property before it is gone.

To see more information click here

Two New Water Front Homes in Wildwood

Two brand New Construction Properties listed in Wildwood both are in the similar other then the first floor is one property the second is another. Both must see with breath taking view and have boat slip with lift that can support up to a 30 foot boat. If you like the being on the less congested bay area of Wildwood this is the place for you.

Click link to view Properties
Upstairs Property
Downstairs Property

Another Price Reduction and This One is Big

My listing of 161 E. Baker has just been reduced by $50,000. This is in a beautiful location in Wildwood and the property is a detached 4 bedroom 2.5 bathroom unit. This is priced the same as a one level condo. You won't find a deal like this in Wildwood. The best thing about this property is that it is also a Brand New.

Contact Me Right Away if you are interested this won't last to long.

Many Price Reductions to Already Low Priced Wildwood Homes

Have nothing to do cause of the weather look at some of the new price reductions to my homes in Wildwood.

4308 Susquehanna and 3707-09 Park Ave.
Both these homes have been reduced, also the lot for sale is reduced.

These homes are located in Wildwood. I have been getting a lot of responses to them. So if you are interest in these properties please contact me as soon as possible. You can't go wrong with either of these homes, they are great investment homes in great locations.

Avoid Mortgage Brokers To Finance Your Vacation Home

I have had two transactions recently fall apart due because the Buyers did not use their own permanent resident Bank or a local Bank. You have a working relationship with your Bank; so negotiate the interest rate and or term. Second, the local Banker is familar with the marketplace and is not afraid of marketability issues that the Mortgage Broker who is selling the loan across the country does not understand. This alone is the single biggest problem in using a Mortgage Broker. The no doc loan becomes a full doc loan within days due to the Mortgage Broker's lack of knowledge within the market.

In my casse, the Buyer's agent had a pre-qualified Buyer to purchase one of my Seller's condominium units. The Buyers had a credit score of 780. Within a day before settlement the deal fell apart due to an unfavorable condo questionaire, that stated only one unit had closed as of the date of the appraisal. This issue was mentioned to the Buyer's agent who said it would not be a problem. Day before settlement it was a problem. Fannie Mae guidelines requires that at least 50% of the units be sold or at least be under contract. Another red flag for Fannie Mae is that no more than 40% of the units can be rentals. This problem could have been avoided if the Buyers had gone to their own bank or a local banker.

One the second transaction, the Mortgage Broker retained an appraiser from out of the area who didn't know the local market.It did not appraise. I supplied the appraiser with some units under contract which can be utilized as 4th and 5th comparables to support the sale price. Fortunately, for the appraiser and the Buyer's the deal will be saved.

By saving these two deals I would say I have earned my commission in a business were the public believes we make too much money.

North Wildwood Italian-American Festival

The festival, now running for 13 straight years, is a celebration of Italian culture and food. The annual Italian-American Fesitval is something you can hear and smell from blocks away.

You don't have to be Italian to enjoy this festival. All you need is an appreciation of what Italians do best: good entertainment and great food.

The festival began Friday and will end on Sunday at 4 p.m. It takes place on Olde New Jersey Avenue in North Wildwood. So come to North Wildwood and enjoy the beach and food this weekend.

Be Cautious, but no afraid when purchasing an "as is home"

Most home buyers who sign the contract presented by their representing Realtor have no clue it really means the Seller won't pay to repair the most obvious defects. However, I must warn the Sellers's it's not an excuse for the Seller to avoid disclosing the obvious defects as well as other defects not visible by the naked eye.

"When Sellers should sell "AS IS " without agreeing to make repairs is when they can't afford to pay for any repairs, estate situations when the heirs are from out of the area or when the Seller is not physically capable of making the repairs (elderly people).

Home buyers should understand that although its an "AS IS" sale, a professional inspection should and can still be performed. Inform the Seller that you need this inspection completed to identify the defects of the house so you have an understanding of what needs to be done to bring this property up to code. I also suggest language in the contract regarding any structural damage found that you have the option to cancel the contract.