“If you are buying or selling a home in NJ, you want Arlene Gonnella to represent you. Her track record of success speaks for itself. Arlene’s market knowledge and work ethic are world class. Throughout our search process, Arlene was always available, provided spot-on guidance, and had a vast network of services providers available to help us get to the finish line. There is a reason why she is one of top agents in the country.”
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Arlene is a rock-star when it comes to Short Hills/Millburn area. We had a great time
working with her and she helped us get our home in Short Hills. She knows Millburn
very well and have established long standing relationships in this area. All the way
from looking for houses, to offer to closing, she was great support and was very
responsive to all our demands, We could reach her for small and big questions
regarding the process, she has great contacts for all 3rd parties u need along the way
be it lawyer, financiers, contractors, inspectors. We started the process not knowing
many people in area but it all went smoothly with Arlene’s help. Even after we closed
and moved in, she continued supporting us with queries and this was an amazing
gesture and timely help as we settled in. I strongly recommend Arlene as she is a
great person to work with. Thanks Arlene and Good Luck in house hunting to buyers.
“We began working with Arlene in 2016. Her in-depth knowledge of various towns and home buying, and building is outstanding. She is extremely diligent, detail oriented, patient, and responsive. After determining we were not quite ready in 2016, she continued to be available to us not only for our questions regarding properties that would go on sale, but also helped answer questions for both of our parents who were in the home building process.
Six years after we first met, we began actively pursuing house hunting again. We came across a new build we were interested in and Arlene coordinated several meetings and communications with the seller’s agent and builder. When we, together with Arlene, determined that the deal was not going to work and not in our best interest we continued to look. Arlene made sure we saw anything that interested us immediately. She is always available to answer questions, and she makes you feel like you’re her only client. Arlene genuinely loves her work and wants what is in your best interest.
It took 6 years, and we finally purchased our dream home and we would not do it any other way than with Arlene Gonnella by our side.”
14 Chestnut Road, Chatham. Asking $1,549,900. Best Value in Chatham!! Check out the Matterport 3D Floor Plan!
Arlene Gonnella of The Gonnella Team was quoted in CNN Business article: “All-cash offers are King in this hysterical real estate market. Here’s what you need to know”
Here’s an excerpt from the section Arlene was quoted in, and there’s a link above to the full article.
“The real estate stories are swirling about homes that sold in record time, with multiple bids — and “all-cash offers.”In this wild housing market, with 21% fewer homes on the market than last year and demand pushing prices to record highs, the competition for a home is fierce. One thing that can put a potential buyer on the top of the heap is an all-cash offer.An all-cash offer doesn’t mean showing up with a suitcase full of cash. But it does mean a buyer has the means to purchase the home without taking out a mortgage.
That may seem impossible to people struggling just to save up for a 20% down payment, but the all-cash offer is becoming increasingly common. In April, 25% of all home sales were all-cash deals, up from 15% a year ago, according to the National Association of Realtors.
To sellers, the appeal of a cash offer is that there’s less risk of the deal falling apart and they usually close faster than a mortgage-contingent offer, said Arlene Gonnella, an agent with Weichert Realtors in Short Hills, New Jersey.”It makes a stronger offer in this market where sellers are faced with many competing offers,” she said. “Sellers are able to know with certainty they have a done deal.”
This home in Short Hills, NJ, sold in April for $1.425 million as an all-cash purchase.
While cash buyers will usually still conduct an inspection, the deal is not contingent on mortgage financing being approved or the possibility the home will appraise under the agreed upon price.But the cash offer isn’t always the end of the story. Some buyers who win bidding wars by offering cash will ultimately finance the home. And there are even ways buyers who need a mortgage can use all-cash offers to be competitive.”