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Chester : Real Estate Advice

  • All8
  • Local Info4
  • Home Buying0
  • Home Selling1
  • Market Conditions1

Activity 7
Sun Jun 16, 2013
Katrina Vitale answered:
My associate, Janet Ellis and I have a great track record for low days on market and high listing to asking ratio. Janet is also a Chester resident. I am confident we can help. Give us a call 973-886-6589. -Katrina Vitale ... more
0 votes 10 answers Share Flag
Fri Mar 9, 2012
Barbara Bertone answered:
Well Alexandra, once an offer goes to the bank, it needs to be processed by several departments. Documents, and in some cases updated documents, need to be obtained from the sellers. Once that is all complete and the short sale itself is approved, the bank will then look at the offer and compare the offer to what their minimum accepted amount will be. If the amount offered is less than what the bank will accept, they will either come back to you and tell you what they want or, if the offer was unreasonable in their estimation, they could ignore you altogether. More often lately, they have been coming back with something whether it be a counter or an approval. I would need more information to determine where they are in the process and give you a better idea of the timeframe but I am assuming your agent has been in contact with the seller's agent and can get you a timeline. I hope that helps and I wish you good luck!

Barbara Bertone, CDPE (Certified Distressed Property Expert)
RE/MAX Platinum Group
201-214-8400 cell
973-726-5700 Work
... more
0 votes 4 answers Share Flag
Sun Jun 27, 2010
Joan Braunschweiger answered:
If you are talking about commuting during rush hour, there honestly is no good way. You could go 80, but 206 is terrible and even 80 is very slow moving during rush hour.
You could also go over to Sussex Turnpike then to W.Hanover Ave., but that's really no better than the other 2 ways.
If you aren't talking rush hour, I would say 80 might be the way to go. Also depends on where you work in East Hanover.
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0 votes 2 answers Share Flag
Tue May 11, 2010
Joan Braunschweiger answered:
There's no way around it. 206 stinks during rush hour.
Sorry, wish I could tell you differently.
0 votes 11 answers Share Flag
Sun Nov 8, 2009
Robert Greenblatt answered:
Hi Kerry. Welcome to the world of short sales!

As the buyer, it is not likely that the negotiator will speak with you. The bank requires a signed release in order to share information. It is typical to authorize the listing agent and/or facilitator to negotiate the deal on behalf of the seller. The listing agent may be holding a back-up offer; this is quite common. Back-up offers and the Right of First Refusal are common practices. The listing agent is responsible to sell the home. If the bank comes back with a valuation which is higher than your contract, the listing agent will contact the back-up buyer. If you have a Right of First Refusal Clause, you may match the other offer and consummate the deal. Your agent can assist you in obtaining a market value of the home by providing recent comparable sales. It is also helpfull to know how many homes are on the market and for how long; remember, the value is based on "sales".

If you are planning to stay there for many years and make it your home, try not to get over-concerned about the value after-improvements. Today's value will be verified by the appraisal used to obtain your mortgage. Tomorrow's value will be something different!

Robert Greenblatt
Keller Williams, Cherry Hill
... more
0 votes 6 answers Share Flag
Thu Feb 13, 2014
Eric Funk answered:
It would be difficult. Not impossible - just take a long time (over 2 hours). Bus to Morristown, train to newark then bus to Jersey City... See link for google reference.
0 votes 5 answers Share Flag
Tue Apr 21, 2009
Marc Paolella answered:
Hi Ashley,

That would not be a terrible commute. The general direction of traffic during the morning rush is North to South. There are several excellent backroads that you could take to get to Route 287, then it would be pretty much a breeze from there.

Normal drive time to Mahwah from Chester is about 35-40 minutes.

I live in the area and know some excellent backroad shortcuts to take, especially if there is a traffic problem. Contact me through my website if you want to know about that.

Also, I am a member of both the Garden State MLS that services Chester and the New Jersey MLS that services Mahwah. So if you have any questions about real estate in either area, again, check out my profile and if you like, contact me through my website.

Good luck with your home search Ashley!

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0 votes 8 answers Share Flag
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