Home Buying in Merchantville>Question Details

Kathleen M, Home Buyer in 08033

We are considering a huge beautiful house in Merchantville that is selling for less than $300,000. has been on the market more than 2 years. reason?

Asked by Kathleen M, 08033 Thu Jun 16, 2011

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4
Hi Kathleen. Every home has a story. I would be glad to speak with you about this home. I have a certification in property valuation and am familiar with the area.
- Robert Greenblatt
856-575-1818
0 votes Thank Flag Link Mon Jun 20, 2011
Hi Kathleen,

We not only specilaize in Merchantville, but we are life-long residents of the Community. If you are working with a Realtor, they should be able to give you some of the background on this house. If not, please feel free to contact us and we can help you and let you know a little bit more.

Best,
Kathy Boyle Laufer & Rita Boyle O'Brien
Century 21 CGW
0 votes Thank Flag Link Thu Jun 16, 2011
First if you are working with a Realtor that is not the selling agent as well, ask your agent to do a CMA on the home, be sure it is hitting fair market value. The go see the house, keep eyes open and look for all that could go wrong or is in disrepair. You plan on risking you financial health on this home! If all is well make an offer, you get rights to inspect and have 10 days to do it, an inspector will look the house over very carefully, poke and prod and discover any problems, code violations, or items that need repair. You can bring these items up to the seller once discovered and have the right to ask for these items to be addressed either by cash allowance or by repairing or replacing before closing. The only other thing that could hold back a sale is how clean a title is, the title company will search the title, bring forth all "clouds" and have the seller settle or remove them, then they will issue you title insurance! Make sure that insurance is issued. Good Luck on your new Home!
0 votes Thank Flag Link Thu Jun 16, 2011
Unfortunately none of us can answer with accuracy as to wht the property was on the market for so long, have you asked the sellers or your agent the question...
0 votes Thank Flag Link Thu Jun 16, 2011
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