Home Buying in State College : Advice

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mulleys, Home Buyer in 16801
mulleys asked:
How are the Trulia estimates determined? I am looking at the property at 3850 Scott Road, State College, PA. It has a Trulia estimate of $527,000. The Zillow estimate is in the $300,000s. Trulia's seems much more accurate.…
0 votes Share Flag Wed Nov 12, 2014 Home Buying in 16801
Marina Gorbo…, Real Estate Pro in 80112
Marina Gorbounov answered:
As a loan officer, what can I do or provide that will be of value to busy agents?
Have you tried offering to pay for their Trulia membership for 6 months or so? It would pay for itself with just one closing and will get your agent more business. Obviously, you won't ... more
0 votes Share Flag Thu Aug 28, 2014 Home Buying in 16801
Chris Turley, Real Estate Pro in State College, PA
Chris Turley answered:
HELP! Should I buy or Rent ?
Hi Natberry,
This is one of the million dollar questions. Rent vs. buy?? Many factors should be taken into consideration when determining whether you should rent or buy; ie; how lon ... more
0 votes Share Flag Fri Jun 27, 2014 Home Buying in 16801
Rachel Rieke…, Real Estate Pro in 16823
Rachel Rieker-Fetzer answered:
My family and I are considering a move to the Bellefonte PA, area when is the best time to look for a rental?
Have you found a rental for your family yet since your question was in January? There are many open rentals through the year for families and professionals but mid summer to fall is the ... more
0 votes Share Flag Thu Jun 12, 2014 Home Buying in State College
Chris Turley, Real Estate Pro in State College, PA
Chris Turley answered:
Can I personally be charged by a title company for a title search on a house that was never purchased?
This is an excellent question. Title work is not normally performed until after the mortgage process is completed and all systems are "go". I'm more than happy to discuss with you your ... more
0 votes Share Flag Fri Dec 6, 2013 Home Buying in 16801
john124, Home Buyer in 14212
john124 answered:
What are the changes taking place with the FHA (MIP) Mortgage Insurance Premium April 1, 2013 and June 1, 2013?
Hi Judith Muka

A reverse mortgage is a special type of loan available only to older homeowners with full or nearly full equity in their homes. Such owners can borrow against the equi ... more
0 votes Share Flag Fri Oct 18, 2013 Home Buying in State College
Chad Bahnsen…, Real Estate Pro in Exton, PA
Chad Bahnsen , Loan Officer answered:
My brother is relocating from charlotte nc and he wants to buy but he needs to rent first. he starts sept 15 at his new job. Any help or sugestions.?
Hi Dan, the agents can assist with the rental. However, I'd be happy to assist your brother in getting pre approved for a mortgage. Hey may want to have a loan officer analyze his credi ... more
0 votes Share Flag Thu Aug 15, 2013 Home Buying in State College
Peter Chiark…, Real Estate Pro in State College, PA
Peter Chiarkas, Local Expert answered:
Rental market in SC
There are many popular areas in State College to find a place to live. How far from down town would you like to be? The market is very competitive so homes rent very quickly. Please ... more
0 votes Share Flag Tue Jan 15, 2013 Home Buying in State College
Linda & Ryan…, Real Estate Pro in Centre County, PA
Linda & Ryan Lowe answered:
i am interested in buying an investment property in State College and receive a positive cash flow, is this a good time to buy?
Hi Katherine! Thank you for taking the time to contact us about an investment property in the State College area! State College has historically proven to have a strong real estate ma ... more
0 votes Share Flag Thu Dec 27, 2012 Home Buying in State College
Kristin O'Br…, Real Estate Pro in State College, PA
Kristin O'Brien answered:
what is the average length of time on market for a home?
I agree with all the agents stats below, all very good indicators.

However, the bottom line on how long a home will be on the market is usually determined by what condition your home ... more
0 votes Share Flag Thu Nov 8, 2012 Home Buying in 16801
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
$300K home closing costs
What are the points on the loan? This is the largest amount. Next is the appraisal, survey, closing company or lawyer fees. Your lender can better answer this question because they gene ... more
0 votes Share Flag Fri Jul 20, 2012 Home Buying in State College
Linda White, Real Estate Pro in 16657
Linda White answered:
How are appraisals in State College? Is there a method to it? $/square foot? How come you include below grade square footage?
I think a key factor in your dilemma is that home sellers can ask whatever they want to ask for their home but they may not be able to get it. And we should not disrespect appraisers or ... more
0 votes Share Flag Tue Oct 27, 2009 Home Buying in State College
Christina Mu…, Real Estate Pro in 16801
Christina Musumeci answered:
Are there condominium properties available in State College?
Hi again Brendan! Since you are internet savvy you can go to statecollegehomes4sale.com and search / refine your search according to your criteria. Just checking that site brought 78 c ... more
0 votes Share Flag Mon Oct 26, 2009 Home Buying in State College
Christina Mu…, Real Estate Pro in 16801
Christina Musumeci answered:
I am looking in the 300,000-350,000 range in State College. Why are there so few new construction listings?
One reason why you are not finding the listings is because most new construction is not placed into our MultiList system. As Nina stated, there are less builders building spec homes and ... more
0 votes Share Flag Sun Jun 28, 2009 Home Buying in State College
Peter Chiark…, Real Estate Pro in State College, PA
Peter Chiarkas, Local Expert answered:
what's the seller getting percentage wise on the list price? State College/Port Matilda, PA area...
Hello and thank you for your interest in our area. Our average list to sale is 95.21% in these areas. I am Alumni from PSU and have been selling real estate for over 10 years. If the ... more
0 votes Share Flag Fri Apr 24, 2009 Home Buying in State College
Todd Hershbi…, Home Seller in State College, PA
Todd Hershbine answered:
I would like info about purchasing this property ASAP, need home!!
Connie, if you are asking about 3252 Marengo Road, it is meticulous, but I think you may be asking about other properties in Port Matilda....if you are interested in 3252 Marengo Road, ... more
0 votes Share Flag Fri Apr 10, 2009 Home Buying in 16803
Nina Chen La…, Real Estate Pro in 22027
Nina Chen Landes answered:
Looking at Zillow it seems that the upper end of the market (600,000 ) has cooled quite a bit.
Hi David,

If you are referring to the State College Area market, the $350,000+ market saw a noticeable drop off in activity for the majority of 2007. Currently, in the $600,000 in S ... more
0 votes Share Flag Sun Apr 13, 2008 Home Buying in State College
Kristie, Real Estate Pro in State College, PA
Kristie answered:
I am trying to buy a house in state collge, PA next year. Do you think it is good investment?
Hello, This is a very good time to purchase a property in State College. You need to talk with an experienced REALTOR in the area to learn about the trends and find a property that will ... more
0 votes Share Flag Fri Apr 4, 2008 Home Buying in State College
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