busy street

Robert Cobb
Other/Just Looking
Mayfair, Philadelphia,...

i live on levick above frankford,19149, my house has been on the market 48 days, mls5529491, we have had 6 showings about one per week, two were not credit qualified the other four liked the home but said the street was too busy....how do we overcome that? should we put in the description .....close to SCHOOLS, 1 block, close to shoping across st, close to septa, one block, 5 minutes from bridge st depot, would this be wise?

Answers (2)
Margaret Amador
Agent
Sarasota, FL

in this market it is price, price and price again. Your agent should be addressing this with you. What;s the norm for days on market in your area, on your street? Try to offset the noise by the positives you have to offer. Not all people want to be too close to schools either for exactly the same reason., noise.

Depending on the neccesity of moving and if you can't go much lower, then try a short sale. You will need to qualify with financials that prove you can't bring money to the closing table.

In most areas it will be a long time before real estate prices will tick up again. if we have inflation, well then the tide lifts all boats as we saw in the seventies.

There is always an option, grab the one that suits you best.

Thu Jul 9 2009, 05:04
Brian Fletcher
Agent
Delaware County, PA
FIRST ANSWER

If you have an agent, I would speak to him/her about the listing information. If they aren't as marketing savvy as others, maybe you would like to speak to their Broker? Being on a busy street in this market really is a tough luck draw. You might be better off dropping the price, staying in the property, or looking for rentals until the market turns. Let me know if you need any additional information, and Good Luck.




Brian Fletcher
Lincoln Realty
610-312-3158

Wed Jul 8 2009, 22:55

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