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Old 08-20-2019, 10:16 AM
 
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My husband and I are looking at some options for flipping houses in Williamstown. I'd like to know how the area is and the demand for housing market. Any input would be greatly appreciated....
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Old 08-20-2019, 10:07 PM
 
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Originally Posted by susanthi View Post
My husband and I are looking at some options for flipping houses in Williamstown. I'd like to know how the area is and the demand for housing market. Any input would be greatly appreciated....
Look elsewhere. Why there? It’s cheap for a reason.
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Old 08-22-2019, 05:54 AM
 
Location: Mount Laurel
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Have you spoken to or working with a local Realtors as you are looking for homes to flip? They may be able to give you more insight to the market. HomePath have been releasing quite a few of their foreclosed homes in NJ over the past few years, there are opportunities. Flipping is now for everyone and don't get hyped from all the TV shows or info sessions about flipping house. It is not as simple as it appears.
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Old 08-22-2019, 09:48 PM
 
Location: Mid-Atlantic
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Originally Posted by Leps12 View Post
Look elsewhere. Why there? It’s cheap for a reason.
You never know. My son works in Berlin, and a few months ago rented a small flipped house in Pine Hill. It's a 15 minute drive to work. The neighbors are nice, and the guy next door gives him tomatoes. I think everyone else on the block is a senior. That works for him because he falls asleep early and has to be up by five.
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Old 08-24-2019, 11:59 AM
 
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Originally Posted by susanthi View Post
My husband and I are looking at some options for flipping houses in Williamstown. I'd like to know how the area is and the demand for housing market. Any input would be greatly appreciated....
We bought a foreclosure in Williamstown for $100,000 but it’s to live in. Was in decent shape but we had to put about $30,000 into it plus septic. Make sure you find out about septic., we are near water and it cost us $23,000 for a raised unit. Also bear in mind Monroe Twp has high taxes which may make a flip harder. Cecil Twp a few miles down the road is half the cost. Be warned even our neighborhood has multiple foreclosed homes, in fact one near us was just sold at auction. Most of the people buying them are contractors, so you’ll be competing with their flips in the same neighborhoods.

Ours was on the market a year as people kept walking away once they found out about the septic.
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