Property Q&A in Drexel Hill>Question Details

sevendaydeli, Home Buyer in Drexel Hill, PA

how much i can offer for this house?

Asked by sevendaydeli, Drexel Hill, PA Fri Jun 8, 2012

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Hello again, sevendaydeli

Sight unseen - this is almost impossible to say. This part of Drexel Hill offers some really stately homes of GOOD size, like this one. However, any 80 year old home can have all sorts of issues.

I believe it probably needs SOME level of repair, because it is eligible ONLY for a fannie homepath rennovation loan - one which some repair costs are borrowed along with the mortgage. this is a great loan, and in fact the kind of fannie/homepath transaciton i am in the middle of right now.

but.... it means there are things needing doing, and it would be irresponsible for any agent to serve up a "offer this" price, without seeing what is needed.

you can see from the many photos, the home is dated, in its kitchen, and bathrooms.

The asking price would be a fairly good deal for the neighborhood, if in updated condition.

As i say - if you wish to see it, lets set up a time. Or do so with your current agent if you have one.


John Leonard
Long & Foster
0 votes Thank Flag Link Fri Jun 8, 2012
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