David Burns | Keller Williams Realty | 856 321 1212 117 Massachusetts Ave., Cherry Hill, NJ Great Price, Traditional Home In Cherry Hill 3BR/1+1BA Single Family House offered at Off Market Year Built 1955 Sq Footage Unspecified Bedrooms 3 Bathrooms 1 full, 1 partial Floors 2 Parking 1 Car garage Lot Size 0.21 acres HOA/Maint $0 per month DESCRIPTION Great 3 bedroom 1.5 bath with one car garage, and a large backyard. Great Price. Good location! Needs some updating and TLC. Ready to move in. see additional photos below PROPERTY FEATURES - Family room - Living room - Dining room - Basement - Laundry area - inside - Yard ADDITIONAL PHOTOS Front ViewLiving RoomKitchenBack ViewGarageYard Contact info: David Burns Keller Williams Realty 856 321 1212 For sale by agent/broker Equal Opportunity ... 02/10/2010

Great 3 bedroom 1.5 bath with one car garage and a large backyard.  Fantastic price for this great location! Needs some updating and TLC but it is move in ready!    Please call for details or to schedule a showing. Joseph Cacciapaglia, MLERERealtor Associate®R&I Realty15 Potter StreetHaddonfield, NJ 08033Office: 856.795.3111 x268Cell: 979.218.2286Jcacci1@gmail.com 06/16/2009

I was just having a conversation with an out of state investor today about selling her property.  This property has been listed previously, but did not sell.  After viewing the property and speaking with the tenants, it is clear why the property didn't sell.  This home is in a very nice, primarily owner occupied neighborhood, but the level of finishes in the property were clearly chosen with renting in mind.  There isn't anything wrong with the property, everything has just been done with economics, not aesthetics in mind.  Unfortunately the previous agent priced the property using the owner occupied properties in the area as comparables.  For the most part this is the right thing to do, but there was no consideration taken for the quality of the finishes, or the fact that the buyer wou... 06/04/2009

I was just discussing the sale of a home in Cherry Hill, NJ that has been for sale for over a year.  The seller has used two different real estate companies to market the home, and both listing contracts have expired without recieving any offers.  The home is a 3 bedroom 1.5 bath with a garage in a nice area.  The home needs a little work, but I believe that the asking price reflects this quite well.  At first, I was baffeled.  Why hadn't this home sold?  It does have tenants, but their lease is month to month so a potential buyer could move right in after settlement.  The real problem, in my opinion, is that the current tenants make the property extremely difficult to show.  It took my 5 days and several phone calls to finally see the inside, and while I was there, there were 6 or 7 te... 05/29/2009

If you've read any of my blog, you already know that I spend a lot of time dealing with short sales and foreclosures in South Jersey, but you may not know that I also work with a lot of sellers who are not distressed, but who have been unable to sell their homes due to the declining market.  You see because there are so many foreclosures and short sales in this area, and homes in these situations typically sell for less than market value, home prices in general have fallen.  This is because when a home is being appraised, the appraiser has to look at the most recent comparable homes that have sold, which are typically refered to as 'comparables'.  In our area, close to half of all home sales last year were sold by distressed homeowners or banks.  So, many of the comparables have sold fo... 05/18/2009

Okay, I know I just posted something about short sales this morning, but I was speaking with a homeowner just now, and it made it really clear to me that people really don't understand what's in it for them. This gentleman had opted to file for bankruptcy and as part of the process was able to keep his home. Now he is paying his monthly mortgage payment along with a reduced payment for his consumer debt. He is still struggling and would like to sell his home, but at this point it is unlikely that he would be approved for a short sale. This is really too bad. He owed about $50k more than the home was worth, so he is stuck. If he had done a short sale he would have unloaded that $50k in negative equity, but now he is stuck with a home that he won't be able to sell for years unless he brin... 05/13/2009