Check out www. neighborhoodscout.com for more information. The Description and overview tabs are very helpful, and you can sign up for further info, such as crime stats. There are many sites that can help you with this information, but I like the overview tab on this site!
If you would like other great resources, I'd be glad to help/
Barbara Berue, Realtor
Keller WIlliams Realty
Depends on how much the mortgage is, sometimes people people are underwater and need more money then the home is worth. 90% of the time its the price is too high. Is your home the one for sale? Do you have a realtor helping you sell it? May I take a few minutes to speak with you if thats the case. Feel free to contact me if you have any questions.
Weichert Realtors Media
267 968 1505... more
Hey there Kathy...
Lease-to-Own deals are typically used in housing market downturns, but can actually be used in any market.
The simplest way to look at it is this:
A Lease-to-Own is a basic lease agreement used with an Option to Purchase contract. A Tenant/Buyer leases the property from the Seller/Landlord for a certain amount of time at a certain price with monthly lease payments. On or before the end of the lease, the Tenant/Buyer has the option to buy the property at that certain price (usually agreed upon prior to the start of the lease). The Tenant/Buyer typically gives the Seller/Landlord money upfront which is usually non-refundable (called option consideration) for the right (but not the obligation) to purchase the property and to take it off the market. Many times, the Tenant/Buyers will receive "Rent Credits" each month which they can apply to the purchase of the house.
It's almost the same as when you lease a car from a car dealer instead of buying it. The car dealer will say that it's $xxxx money upfront and you can drive away with lease payments of $xxx per month. At the end of the lease (however long you agreed to), you have the option of purchasing the car or giving it back to the dealer. It's very similar.
There are a lot of little subtle things that go into the paperwork when you Lease-to-Own or offer your house as a Lease-to-Own, which is why we suggest using a Lease-to-Own Professional or knowledgable Real Estate Attorney/Title Company who has successfully completed one.
Because the Tenant/Buyer is not able to purchase the house using traditional methods (ie...go to a bank and get a mortgage which will CASH out the Seller so he/she can move one) because they either have no or poor credit which is needed to get financing or because they need more time to save up for the rest of the downpayment, the Seller/Landlord will offer them TERMS at a slightly higher total price.
If you would like to see the Pro's and Con's, here is my post on Trulia:
I've also put the benefits for Tenant/Buyers and Sellers on my website too in case you want to check it out.
Hope this helps you out.
Independent Consultant... more
It does depend on what part of PR. I just bought a house there myself after doing alot of research and visiting homes. The price sometimes change drastically once you cross over east of aramingo ave where i gets a bit more expensive compared to east of there. Ive noticed for that price, and you are looking more east of aramingo it might be an average price for an average home, especially for the size, but it might also need some tlc. Now for the west side it would have probably been a rehab or a house w/ upgrades, since that price is hitting high scale especially for its size. Of course these are just from my own research from last year. Since the market is changing things might be diffrent. The best thing to do is to go and look at diffrent homes around that neighborhood and start comparing. That is the best way to know.... more
I am a realtor based out of center city Philadelphia and also handle commercial real estate either myself with with my partners.
In terms of commercial I currently have:
-commercial shell in kensington
- 1.3 acres commercial land by casino for $1.4mil
-4 acre site for a hotel at $6mil
-small commercial parcels in the $150k range
Let me know if you have a question about the port richmond area either to buy or sell. You can email me at email@example.com
Unfortunately, there's not really much you can do. Right now, people all over the country have seen a trend in depreciated property and we just have to ride out the storm together. I will suggest that you have your home appraised by a professional appraiser. If you are looking at your tax statement or a realtor told you this, the information could be wrong. Hire a professional...it should give you a more accurate measure of what your home is worth.
Hope this helps!!... more
Best thing to do will be to keep looking on Craigslist. You will also find some other listings in the Philly Inquirer and also Daily News. The price is going to depend on whether you looking for a 2 bedroom or a studio. There are places in that price range but its all going to depend on what your needs are.... more
If you are looking to rent in Port Richmond, PA I would look on craigslist number 1. Secondly, you can look in the local newspaper "Port Richmond Star". You can also visit our website below to search for rentals. We have an office in Port Richmond and can also refer you to the rental department.... more