Named in 2005 by Money Magazine as one of the "Top Ten Places to Live in the US", 'The Chathams', named for William Pitt, the Earl of Chatham, are located 25 miles west of New York City in Morris County. The Chathams were divided into Chatham Borough and Chatham Township in the late 1880’s. Chatham Borough occupies approximately 2.4 square miles with more than 8,000 residents and boasts an active downtown area including charming shops and award winning restaurants. Chatham Township, once known as a farming community, covers approximately 9.2 square miles and is home to over 10,000 residents.
The Chathams offer many fine homes, Victorians, Colonials, Ranches as well as garden apartments and condominiums. The Chathams have separate municipal governance's but also share meaningful resources, such as a highly ranked Regional school system and newly expanded library. Chatham's convenience to Route 24, as well as train and bus service to New York’s Midtown and Downtown areas makes it a desirable home for many commuters.
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Accepting An Offer >Responding to Low Offers
The beginning of negotiations is usually the end of many months of hard work for the buyer or seller. The work ahead requires skill in order to maintain a strong position.
Sellers can lose their advantage if they do not counter an offer that a buyer has made. Even if the opening offer is beneath what the seller feels is reasonable, it is advisable for the seller to respond with a slight reduction from the asking price. The most important component in negotiating is good communication.
The best way to handle a low offer is to counter it with definite terms that are favorable to the seller. A counter offer has two advantages: 1) it keeps the buyer interested, and 2) it moves the negotiation forward and gives the buyer the opportunity to submit another offer that the seller is more likely to prefer.
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Who is considered the world's most renowned living architect?
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I.M. Pei who retired in 1991; he earned this status after designing the glass pyramid entrance pavilion to the Louvre in Paris (1989). |
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