recent blog posts from John Burenheide
Posted by Caroline Watts | on May 15, 2012, 8:33 pmWe are in an amazing market and Ocean City NJ shore homes are now at prices again where summer rentals can cover some homeowner’s mortgages! For example, I have a fantastic listing at 3436 Central Ave in Ocean City. It is listed at $268,900 with 2 bedrooms and 1 bathroom. THE BEST PART, it is across the » Read more
Posted by Caroline Watts | on May 14, 2012, 8:50 pmSellers have been pulling their hair out because some have been receiving low-ball offers, no offers, or not getting viewings on their home at all. They’re asking, “Why can’t I get an offer on my Ocean City home?” I can help but I have to start by sharing the hurtful truth. There are 959 units actively for » Read more
Posted by Caroline Watts | on April 20, 2012, 8:22 pm Carrie Bay from DS News recently reported that beginning June 15 2012, loans backed by Fannie Mae and Freddie Mac should now expect to receive a decision on Short Sale offers within 30-60 days. This is fantastic news for Ocean City NJ Buyers looking for distressed shore property. The aim is to bring transparency » Read more
Posted by Caroline Watts | on April 18, 2012, 2:25 pmI have many customers who every season around this time ask, “Why aren’t my summer rental weeks booked up yet?” I thought some ideas from a local Realtor may be helpful for current Homeowners who rent and Buyers who are looking for a good investment property. The first thing I do want to mention is » Read more
Posted by Caroline Watts | on March 27, 2012, 9:25 pmDid you know that Ocean City property owners are still paying taxes based on an assessment from 2008? The problem there? Values have fallen drastically since that time. Not only that, City Council gave final approval on Thursday night to a 2011 municipal budget of $68.8 million. I read in the Ocean City Patch that » Read more