Blog Archives

Short Sale letter from Bank of America

Here is an email we just recieved from Bank of America. For short sales with Bank of America in the state of Florida, they are now offering up to $20,000 for sellers to participate in a short sale in many

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Posted in Avalon, Banking, In the News, Investing, Jersey Shore, Legal Issues, Market Conditions, Property Transfers, Real Estate, Sea Isle City, Short sales, Stone Harbor

Property-tax increases stay low in Atlantic, Cape May counties

Posted: Sunday, October 2, 2011 By JOHN FROONJIAN Statehouse Bureau Chief Press of Atlantic City Homeowners in most towns in Atlantic and Cape May counties, with spending caps in place and housing values declining, experienced low or moderate property-tax increases

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Posted in Atlantic City, Avalon, In the News, Jersey Shore, Market Conditions, Real Estate, Sea Isle City, Stone Harbor, Tax Issues

Do You Understand Income Tax Considerations of Rental Properties

September 20, 2011 A rental property can generate “taxable losses” that can be used to reduce your normal salary income, hence the federal income taxes you pay. It’s difficult for most people to understand how taxes work, and even more

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Posted in Atlantic City, Avalon, In the News, Investing, Jersey Shore, Legal Issues, Property Transfers, Real Estate, Sea Isle City, Stone Harbor, Tax Issues, Vacation Rentals

How to Make Lowball Offers

Tips for Winning Lowball Offers By Elizabeth Weintraub, Buyers who are lucky enough to shop for a home in a buyer’s market are in the enviable position of being more likely to get a lowball offer accepted. In seller’s markets, homes quickly sell and, since there

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Posted in Avalon, condos for sale, In the News, Investing, Jersey Shore, Market Conditions, Real Estate, Sea Isle City, Stone Harbor, Townhouse for Sale

Looking Twice at Overpriced Shore Homes

It’s Not Always a Physical Defect that Drives Away Homebuyers By Elizabeth Weintraub, Common knowledge dictates that if a home doesn’t sell, there must be something wrong with it. That’s a true statement. In a market that is moving, there is something wrong

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Posted in Avalon, In the News, Investing, Jersey Shore, Property Transfers, Real Estate, Sea Isle City, Stone Harbor

Sea Isle City, NJ Townhouses for Sale

Sea Isle City Address Asking Original BR BA LAVS 114 37TH Street $344,900 $344,900 3 1 1 322 39th Street, West $379,000 $379,000 3 1 1 315 39th Street , West $399,900 $399,900 3 1 1 5517  Roberts Ave, S

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Posted in Avalon, condos for sale, Investing, Real Estate, Sea Isle City, Stone Harbor, Townhouse for Sale

Is this a good time to invest in a Jersey Shore beach home?

This blog post for September 10, 2011 was to a question posed to me the other day asking is this a good time to buy a shore property? Let’s start out with some background by saying I worked with my

Posted in Atlantic City, Avalon, Banking, Cape May, condos for sale, In the News, Insurance Issues, Investing, Legal Issues, Longport, Margate, Market Conditions, Mortgage, Ocean City, Real Estate, Sea Isle City, Shore Lifestyles, Stone Harbor, Strathmere, Tax Issues, Townhouse for Sale, Ventnor, Wildwoods

Market hitting bottom: Properties sell for close to asking prices

By KEVIN POST Business Editor Press of Atlantic City Welcome to the bottom of the real estate market. Might as well get used to it because we’ll probably be here a while. One sign of the bottom is that home-price

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Posted in Atlantic City, Avalon, Cape May, In the News, Investing, Longport, Margate, Market Conditions, Ocean City, Real Estate, Sea Isle City, Stone Harbor, Ventnor, Wildwoods

Increase in tax assessment appeals taking toll on local municipal budgets

Posted: Saturday, April 30, 2011 By MICHAEL MILLER, Staff Writer Press of Atlantic City OCEAN CITY – John Skibbe and his late wife, Diane, bought their home on Seaspray Road for $2.2 million in 2004 during the meteoric rise of

Posted in Avalon, In the News, Legal Issues, Market Conditions, Ocean City, Property Transfers, Real Estate, Sea Isle City, Tax Issues

Bank owned home for sale, foreclosure signs not wanted in many resort towns

Posted: Sunday, May 1, 2011 By MICHAEL MILLER Staff Writer Press of Atlantic City A Cape May County Sheriff’s auction is scheduled Wednesday for a six-bedroom, four-bath bayfront home in Avalon. But you won’t find any foreclosure or auction signs

Posted in Avalon, Cape May, In the News, Investing, Legal Issues, Market Conditions, Mortgage, Real Estate, Sea Isle City, Somers Point, Wildwoods
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Ian Lazarus

The Lazarus Team
The Landis Co., Realtors
6000 Landis Avenue
Sea Isle City Nj, 08243
609-457-0258

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