Here is a list of short sales in Manahawkin with photos and maps.
There a currently at least 5 short sale properties in Manahawkin. Properties are on Atlantis Ave, Mizzen Ave, Shore Ave and Inlet Ave.
A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan. It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower.
Both parties consent to the short sale process, because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers. This agreement, however, does not necessarily release the borrower from the obligation to pay the remaining balance of the loan, known as the deficiency.
Manahawkin is in Stafford Township, Ocean County, New Jersey. The township population was 22,532 and was formed by Royal Charter on March 3, 1750. It was incorporated as one of New Jersey's first 104 townships by on February 21, 1798, and became part of the newly-formed Ocean County on February 15, 1850.
Stafford Township is the gateway to the resort communities on Long Beach Island, with Route 72 providing the sole road access, ending in Ship Bottom as it crosses Manahawkin Bay via the Manahawkin Bay Bridge. The Garden State Parkway and Route 9 pass through the township and provide access to Route 72 which would allow an easy commute of 1.5 hours to Philadelphia and 2 hours to downtown Manhattan.
If you're interested in buying, selling or investing in Real Estate in Manahawkin, Ocean County or along The Jersey Shore, click on TheJerseyShoreHomeFinder.com and get free access to thousands of home listings, including Short Sale Homes in Barnegat.
If you'd like to keep up with the very latest real estate market conditions in your neighborhood, including or anywhere in Ocean County and on The Jersey Shore, click on www.homevaluesoceancountynj.com.
Looking for something do this weekend in Ocean County or just want to keep up with current events? The Jersey Shore News will keep you informed with local community information and happenings.
Ocean County, NJ and Jersey Shore Homes and Real Estate - Get free access to all listings with photos in Ocean County including waterfront, beachfront and water-view homes on The Jersey Shore and Short Sale Properties in Manahawkin.
Karl Hess, Your Real Estate Agent on the Jersey Shore
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