How can I get comps for home in Nutley NJ. Appraisal came in low and banker said to see if any new comps are

Ginny
Other/Just Looking
Nutley, NJ

Not sure if we should sell or do an addition.

Answers (9)
Matthew DeFede...
Agent
Nutley, NJ

Pick a local Realtor and Ask :)

Wed Jul 22 2009, 09:01
Carmela Pereira
Agent
Nutley, NJ

Hi Ginny,

I am a local agent working with Coldwell Banker in Nultey. I can definitely provide you with the information you need. Please contact me to discuss further....

Carmela Pereira
Coldwell Banker Franklin Realty
973.580.1991

Fri Jul 10 2009, 10:43
Bill Eckler-Flo...
Agent
Venice, FL

Ginny,

You have been given excellent advice by the "Pros."

We also suggest you meet with a couple local agents to get their take on what may be some possible options for you.

Good luck

Sun Feb 22 2009, 05:58
Matthew DeFede...
Agent
Nutley, NJ

Hi Ginnym

Here is my phone number 973-846-0065 I would be happy to help you put no strings attached.

Matt

Sun Feb 22 2009, 04:07
Dp2
Other/Just Looking
Virginia

If the appraisal is recent (ie not more than a month old), then many lenders will pay greater attention to the appraisal results than to the results of a CMA/BPO. Nevertheless, the results of an appraisal and CMA/BPO should be similar.

Sat Feb 21 2009, 16:24
Francesca Patri...
Agent
Wall Township, NJ

Sure Ginny, don't willy nilly use google. Here is some criteria to follow:

(1) An agent that appears near the top of a google search, odds are they a marketing budget that affords them the opportunity to invest in search engine placement

(2) Their website has an informative useful strucuture

(3) And, of course, they are a member of Trulia voices.

All of these apply to Mr. DeFede.

Gina Chirico also look like a great candidate!

Good Luck!

Francesca

Sat Feb 21 2009, 15:08
Gina Chirico
Agent
07004

Ginny,

I do handle the Nutley market and can definitely provide you with the most recent comps. Let me ask how long ago was the home appraised? If recently then the most recent data should have been used in appraising the home. In addition if you do decide to sell, the accepted sales price must match a bank appraisal or the bank can deny the buyer a mortgage. In the past banks homes for sale had to appraise for at least the mortgage amount (i.e., if a house was sold for $500,000 and the buyers put down 10%, the house had to at least appraise for $450,000 but lately I've encountered bank appraisals that are requiring the property to appraise at $500,000 irregardless of what the buyer put down). So therefore the sales price and appraisal price must coincide.

With that being said I am here to assist you so please feel free to reach out to me via my information below for a no cost, no obligation consultation and property/market analysis.

Good luck.

Gina Chirico, Sales Associate
Prudential New Jersey Properties
973-715-1158 cell
Gina.Chirico@PrudentialNewJersey.com

Sat Feb 21 2009, 09:27
Diane Glander,...
Agent
Spring Lake, NJ

A local agent would be your best bet for comparable sales. If you wait long enough, some local agents will probably answer you right here. Or, search through the Nutley questions and find an agent who's answers you like, think are accurate. (I personally wouldn't find an agent by googling them.)
If you do not want to talk to anyone, you can go to my website and order a market snapshot. It will give you information on closed sales in your area from your local MLS. The problem is interpretting the information-knowing personally the differences between those homes and yours. It will give you an idea, but the best thing would be to speak with someone local.

Sat Feb 21 2009, 07:03
Francesca Patri...
Agent
Wall Township, NJ
FIRST ANSWER

Ginny,

Call a couple of Nutley agents and let them know that you are CONSIDERING selling your home. We often encounter undecided sellers, so it would not be an inconvenience.

Using google I found the agent below.

Matthew De Fede
mdefede@optonline.com
Work:973-235-1312
Mobile:973-846-0065

Francesca Patrizio, Realtor Associate
NJAR Circle of Excellence '06-'07
REALMART REALTY - An AFFORDABLE Way to Sell your home
Ranked #15 of 436 Real Estate Brokers in Monmouth / Ocean County

Sat Feb 21 2009, 05:08

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 33
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback