Home Buying in 19103 : Advice

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Don Maclary -…, Real Estate Pro in 23451
Don Maclary - Realtor* ABR* answered:
Is a condo (under 200K) in zip 19103 a good investment property?
Investment property is not good or bad by price and neighborhood. What is good for one investor can be horrible for another. Ask yourself if you could live there? that is the first thin ... more
0 votes Share Flag Fri Feb 14, 2014 Home Buying in 19103
Michael P Co…, Real Estate Pro in Philadelphia County,...
Michael P Cohen 610-642-0347 answered:
i need to update the pictures on my listing--how do I do that please?
the listing agent can make changes, you can also take your own pictures and give them to the LA and they can load them for you. Michael Cohen RE/Max Access 610-642-0347
0 votes Share Flag Tue Dec 3, 2013 Home Buying in 19103
Don DeGennaro, Real Estate Pro in Philadelphia, PA
Don DeGennaro answered:
Are service animals accepted at 1900 John F Kennedy Blvd Philadelphia, PA 19103?
Hey Ken,

Service animals are an exception to the pet policy as long as you have the proper documentation for the animal. I do a lot of business in that neighborhood so if you would l ... more
0 votes Share Flag Mon Jul 22, 2013 Home Buying in 19103
Frank L. DeF…, Real Estate Pro in Philadelphia, PA
Frank L. DeFazio answered:
The developers of 10 Rittenhouse square(`19103) are in bankruptsy. Is this a buyer nightmare or opportunity? Should we bother to look?
10 Rittenhouse is possibly the best new construction property on Rittenhouse Square. When the dust settles the building will still be located at 18th and Walnut and in 10 years you'l b ... more
0 votes Share Flag Mon Oct 22, 2012 Home Buying in 19103
Fred Glick, Real Estate Pro in Santa Monica, CA
Fred Glick answered:
Where can I find an agent, specializing in real estate in 19107/19103 area codes.?
Right here! Google me, Fred Glick and you'll see you I am.

Then give me a buzz at 215-852-4469, my cell, any time.

Fred
0 votes Share Flag Thu Jan 27, 2011 Home Buying in 19103
Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
What would the average price be for a 1bed/1 bath condo in the Rittenhouse/Fitler Sq area?
I am hoping you have found what you are looking for by now. Value is a function of size, condition and desirable features. One bedrooms in filter/rittenhouse range from 200k to 800k s ... more
0 votes Share Flag Thu Jan 27, 2011 Home Buying in 19103
Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
Which 3 neighborhoods in Philly have the highest property taxes?
All of Philadelphia has the same tax rate. That varies widely in the suburbs. The two issues in the city are when was the last time the property was assessed and what is the value. H ... more
0 votes Share Flag Thu Jan 27, 2011 Home Buying in 19103
Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
I'm thinking about purchasing a 1 bedroom condo at 23 "A Condominium" and was wondering if it would be a good investment?
One bedroom rentals - 2200 arch, 1111 locust, city view all pencil out pretty well. If you are looking for an investment check out the free cash flow after condo fees, parking fees, t ... more
0 votes Share Flag Thu Jan 27, 2011 Home Buying in 19103
Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
Seems that there are more units for sale at 2301 Cherry than usual. What's happening with that building?
I used to live there. It was great for getting in and out of town quickly and for having a great garage. As a dog lover it wasn't the building for me....it's a no dog building ... more
0 votes Share Flag Thu Jan 27, 2011 Home Buying in 19103
Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
Is there a special assessment pending at 2301 Cherry for the new windows, etc.?
I'd be sure to call the management company. If you are a buyer you can also ask for board minutes (usually after you have a contract). The certificate of resale (called a 3407 in ... more
0 votes Share Flag Thu Jan 27, 2011 Home Buying in 19103
Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
Does anyone know of any advice on the 23 Condominium? Any big negatives?
Jennifer

I encourage you to visit. The homes are nice. You first want to evaluate the location if is suitable. If you are looking for easy access to 76 it's hard to beat. If ... more
0 votes Share Flag Wed Jan 26, 2011 Home Buying in 19103
Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
Is a Rittenhouse Square parking spot worth purchasing?
It depends on the "package deal" you negotiate. There will come a time that parking licenses will not be available: however, parking may still be available in the area. If yo ... more
0 votes Share Flag Wed Jan 26, 2011 Home Buying in 19103
Carl M. Cald…, Real Estate Pro in Philadelphia, PA
Carl M. Caldas answered:
Are there tax/cost benefits to trading a house/condo vs typical buying/selling transaction?
It enables you to defer the capital gains tax . However it strictly applies to investment or business properties. There is a usage test in the contract they may be able to apply to vaca ... more
0 votes Share Flag Wed Sep 22, 2010 Home Buying in 19103
Carl M. Cald…, Real Estate Pro in Philadelphia, PA
Carl M. Caldas answered:
I saw two listings on realtytrac that I like but when contacted by the agent he seemed to know nothing of them and just recommended I look at other
Julia have you had any further improvement with the search?

Carl Caldas
CITYSPACE
2200 Walnut St.
Phila, PA 19103
215-625-3650
0 votes Share Flag Wed Sep 22, 2010 Home Buying in 19103
Bob Wuest, Real Estate Pro in Cincinnati, OH
Bob Wuest answered:
I would like to know the different between buying a condo or a co-op and are there any big advantages?
All that Kathleen said is absolutely correct. And, i will add that you'll probably find it more difficult to finance a co-op. Typically requires a much larger down payment - spec ... more
0 votes Share Flag Wed Sep 9, 2009 Home Buying in 19103
Michael D De…, Real Estate Pro in 18969
Michael D Delp answered:
Can you take a mortgage out from relatives (2 sets of parents) and deduct interest from your taxable income?
If you have a contract and meet the terms I wouldn't see why not. I would definitely seek the advise of an accountant. Tax rules change constantly.
The very best of luck to you!
... more
0 votes Share Flag Wed May 27, 2009 Home Buying in 19103
Joe White, Real Estate Pro in 19102
Joe White answered:
I am contemplating purchasing a one bed/bath condo in Locust Point or Parc Rittenhouse as an investment.
Hey Joe,

Take a step back and look at the bigger picture. First, Locust Point was a rental and is converted to Condos. It does NOT have the 10 year tax abatement. It is owned by J ... more
0 votes Share Flag Wed Aug 13, 2008 Home Buying in 19103
Alina Kanevs…, Real Estate Pro in Cherry Hill, NJ
Alina Kanevsky answered:
I am contemplating a condo purchase in the Fitler Square area, along the river. It cost 300k for 700 square
Hey Joe,
The number one question here is what is your over-all goal with this property. Are you buying it for yourself to live in, are you buying to rent out, ect....i've lived in Phi ... more
0 votes Share Flag Tue Jun 24, 2008 Home Buying in 19103
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