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Updated almost 7 years ago on . Most recent reply

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Jennifer White
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How to Find Inventory in Central NJ

Jennifer White
Posted

Hi All!  I'm newer to NJ and looking to buy a fixer just north or northeast of Trenton that I'll live in for a few years and build some sweat equity in.

We've put in a few offers on REO, but we're not getting responses. According to our realtor, the banks taking their sweet time on these properties is a trend lately. It also seems like I'm seeing fewer and fewer properties available since I started learning the market in the local counties (Middlesex/Mercer-ish area) a few months ago. I'm currently working with a realtor, but we're not really getting a ton of leads from her. Any ideas on where to find more available inventory other than the realtor sites (redfin, zillow, etc.)?

Perhaps I need to shop for another realtor that deals with more of these properties?  First time doing this, not really sure!  Any advice is greatly appreciated!

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Vaughn Smith
  • Real Estate Consultant
  • New Jersey
387
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761
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Vaughn Smith
  • Real Estate Consultant
  • New Jersey
Replied

@Jennifer White scour the internet for sites that offer REO's multiple sources may be the fastest way to go about finding what you're looking for. You may also need to reset your expectations with the Realtor, that may be enough for her to become more responsive and send you more of what youre looking for.

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