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Runnemede | Camden County | New Jersey | Foreclosure Sale Success Story

By
Real Estate Agent with BMC Capital

I have found that I spend quite a bit of time discussing what is wrong in a lot of homeowners' lives, so I wanted to take a minute to focus on the bright side.  The best part of my job is helping a homeowner realize their goal of selling their home and moving on to the next stage of their life.  Whether they have recently had a new child, are moving to another part of the country, or simply downsizing, all of my clients are hoping to make that next step as quickly and painlessly as possible.  This is especially true when it is a distressed homeowner facing foreclosure.

I was recenlty hired to market a young family's home for sale.  They are facing foreclosure, but have some equity in their home.  The husband has found a new career, and they are planning to relocate to another part of the country.  After discussing their situation in detail, it was obvious that we needed a marketing plan that would get them out of the home as quickly as possible.  As part of that plan we priced the home just under where the recent comparables had sold, but still high enough for the family to net the money that they needed for their move.  This strategy proved extremely successful, we immediately had numerous showings, which in turn created multiple offers.  That's right MULTIPLE OFFERS in this market!  I don't typically discuss transactions that haven't yet closed, but I was particularly excited by the final outcome of the price negotiations with the buyers, and I wanted to share this positive tidbit immediately.

I think that this was a tremendous example of how a motivated homeowner can work with their real estate professional to achieve success even in the worst market conditions.

Joseph Cacciapaglia, MLERE
Realtor Associate®
R&I Realty
15 Potter Street
Haddonfield, NJ 08033
Office: 856.795.3111 x268
Cell: 979.218.2286
Jcacci1@gmail.com

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