Cage Home Unsuccessful at Auction

There were on successful bids for the debt-ridden Bel Air property owned by Nicolas Cage. Since there were no winning bids, the Los Angeles home reverted to the foreclosure lender. There is a total of $18 million in loans on the property.

Bidding began at $10.4 million, which is much lower than the $35 million Cage had tried to sell the property for.

To find out what is going on in Hoboken real estate market, please go to Hoboken Homes.

If you have been patiently waiting to buy a Hoboken home, now is the time to do it while the home buyer’s tax credit is still in effect. All of the key factors are in place to ensure that your home purchase will be a major, positive life changing event.  With low mortgage rates available, along with the recent passing of the new tax credits, this is the opportunity you have been waiting for. Please click on tax credit information for more details.  Make 2010 the year you purchase your dream home. For more information contact Eddie Perez, Broker-REALTOR, CDPE. Eddie’s market includes Hoboken, Jersey City, Weehawken and Union City.  Eddie can be reached at mailto:eddie@InvestHoboken.comor 201-344-2886

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