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All Forum Posts by: Account Closed

Account Closed has started 3 posts and replied 51 times.

Post: 2 bed 2 bath vs. 3 bed 2 bath

Account ClosedPosted
  • Flipper/Rehabber
  • Toms River Ocean County, NJ
  • Posts 53
  • Votes 29

I'm with Darius. Sometimes a two bedroom condo  but in the right area.

Post: Lakewood Epi-center of COVID-19 in Ocean County

Account ClosedPosted
  • Flipper/Rehabber
  • Toms River Ocean County, NJ
  • Posts 53
  • Votes 29

There is a stay at home order, but the Lakewood police still had to break up three gatherings. I don't think Lakewood got the memo to stay at home.

Post: Lakewood Epi-center of COVID-19 in Ocean County

Account ClosedPosted
  • Flipper/Rehabber
  • Toms River Ocean County, NJ
  • Posts 53
  • Votes 29

Post: Should contractor still be working on the rehab during pandemic?

Account ClosedPosted
  • Flipper/Rehabber
  • Toms River Ocean County, NJ
  • Posts 53
  • Votes 29

I can't find anyone who wants to work, and my house has been vacant for 4 weeks so it's safe. Can't find a kitchen. I need a kitchen. I had check in hand for a kitchen install and POOF.....dead in the water.

Post: DEED-IN-LIEU no longer option for new note holders in NJ???

Account ClosedPosted
  • Flipper/Rehabber
  • Toms River Ocean County, NJ
  • Posts 53
  • Votes 29

@Mayer M. Thanks, Captain Obvious! (Smiling)

Post: DEED-IN-LIEU no longer option for new note holders in NJ???

Account ClosedPosted
  • Flipper/Rehabber
  • Toms River Ocean County, NJ
  • Posts 53
  • Votes 29

@Vaughn Smith Well, kind of. I know there are temporary measures due to the virus, but this is pre-virus regulation changes, if any.

I'm considering holding a 1st position note. In the past I used to have a deed-in-lieu prepared in advance at closing should a default occur. It avoids the foreclosure process.

But that was 20 years ago. I was told by a real estate professional that NJ no longer allows that.

Post: DEED-IN-LIEU no longer option for new note holders in NJ???

Account ClosedPosted
  • Flipper/Rehabber
  • Toms River Ocean County, NJ
  • Posts 53
  • Votes 29

Read what? The statues? 

Post: DEED-IN-LIEU no longer option for new note holders in NJ???

Account ClosedPosted
  • Flipper/Rehabber
  • Toms River Ocean County, NJ
  • Posts 53
  • Votes 29

Does anyone know if recent changes in the New Jersey Statutes include the elimination of DEED-IN-LIEU as a viable option for new mortgage notes, when the note is in default?

Thanks in advance

Post: NJ Lawyer for loan in default

Account ClosedPosted
  • Flipper/Rehabber
  • Toms River Ocean County, NJ
  • Posts 53
  • Votes 29

I could use that name as well

Post: What's a reasonable painting estimate?

Account ClosedPosted
  • Flipper/Rehabber
  • Toms River Ocean County, NJ
  • Posts 53
  • Votes 29

To determine if it's a fair price, gather at LEAST two other estimates