This home is in Wyckoff, NJ located in Northwest Bergen County. This property was listed in March of 2006 for $955,500. It may have been overpriced for the time, however, it wasn't 50% overpriced. This home is on the market for $470,900 that is less than 50 cents on the dollar than what it was listed for just 3 years ago. The real estate market in Wyckoff has retreated in the last three years. But not 50%!!!! 5 bedrooms, 3 full baths, this is a lot of house. Not to mention that Wyckoff is a blue ribbon school district.
Three years ago, this could have been a short sale and perhaps the foreclosure could have been avoided. Here is a virtual tour for you to see what the home looks like today.
Get Educated. Get Empowered. For more information on this or any other topic, call Sal Poliandro, Realtor, Marketing Advisor, Short Sale Specialist ePRO, SRES at 201-259-2187, visit our websites: www.SalAndDawn.com or www.shortsaleguy.org Sal can be reached by snail mail at RE/MAX Properties 73 East Allendale Road Saddle River, NJ 07458
Get Educated. Get Empowered.
For more information on this or any other topic, call Sal Poliandro, Broker Associate, Realtor, Marketing Advisor,
Short Sale Specialist and CDPE, Certified Distressed Property Expert
ePRO, SRES at 201-259-2187, visit our websites: www.SalAndDawn.com or shortsaleguy.org
Follow me on Twitter: @salanddawn
Sal can be reached by snail mail at RE/MAX Properties 73 East Allendale Road Saddle River, NJ 07458
Sal,
This is a nice house. It makes me sad sometimes to see these empty houses. I think of the family that used to live there, but were forced to leave. I pray that some portion of the recovery plan works. We need America to rebound.
Have a great day
Make It YOUR Best Year Ever
Leander
Hi Leander,
I am right there with you on an emotional level. It is a real concern that we are trying to throw money at a problem that was 4 years in the making and we want to have everything fixed by opening day of the baseball season. What we are going through now is part of a natural cycle. Prices can't increase at the rate that they did without retreating at some point. Remember, life is cyclical, everybody loves it on the way up... Let's make the best of our current situation.