Property Q&A in Philadelphia>Question Details

Frank Kochta, Other/Just Looking in North Philadelphia E...

i questioned this unit a month or so a go and it was then sale pending. Is the association $1100 per month like other units in the building? Thanks

Asked by Frank Kochta, North Philadelphia East, Philadelphia, PA Wed Apr 7, 2010

--
This question is about this property: http://www.trulia.com/property/3000720211-1012-Spruce-St-1F-…

Help the community by answering this question:

Answers

1
Hi Frank,

This is one of the nicest units in Strickland Row condominiums. The reason you still see it in PND (Pending status), is due to the fact it is a short sale. The current owner bought the unit for $295K and took a mortgage for $310K back in 2006. It went PeNDing when it was offered at the reduced price of $159K which is a steal of a deal. The condo fees are posted as $744 monthly and include all utilities except plug-in electric. I have pasted a LINK BELOW to all the specific details.

Since it is a short sale, we don't know what the delay in settlement is all about. It is probably that contracts are executed by Seller only and the deal hasn't received the official third party (bank) approval for the short pay on the 1st/2nd mortgages. Obviously, the listing agent did not have any type of pre-approval for a short sale or this would have settled already. It may become available again. If you're interested in this unit or any other good condo buys in Philadelphia, please feel free to call me. i'd be happy to help you find a place you love and then negotiate a great deal for you. LINK BELOW.

View real estate information
http://www.trendmls.com/mls/Client/Email/EmailClick.aspx?s=8…
If the above link does not work, copy and paste the link into the address bar of your browser.
This link can be viewed up to 10 times over the next 90 days.

All the best,
Larry Lichtman
REALTOR, Property Manager
Your Real Estate Resource For Life
Cell (267) 254-7994
LarrySellsRealEstate@gmail.com
3 votes Thank Flag Link Wed Apr 7, 2010
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer