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The transaction with Preferred Real Estate Investments did not close, and on May 17, 2012, Holmdel Township declared the site as an "Area in Need of Redevelopment" [27] and adopted a redevelopment plan for the property that included various adaptive reuses of the main building, the construction of up to 40 single-family homes, and 185 age ...
Holmdel Township (/ h oʊ l m. d ɛ l /) is a township in Monmouth County, in the U.S. state of New Jersey.Located near Raritan Bay in the Raritan Valley region, the township is a regional commercial hub of Central Jersey, home to Bell Labs and PNC Bank Arts Center, and a bedroom community of New York City in the New York Metropolitan Area.
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
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A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
Another sale contingency – Purchase or sale of the real estate is contingent on a successful sale or purchase of another piece of real estate. The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a ...
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