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Abington : Real Estate Advice

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  • Local Info1
  • Home Buying9
  • Home Selling2
  • Market Conditions1

Activity 21
Sat Jan 21, 2017
John Shema answered:
If you had good to excellent credit 710+ chance's are you would own a home. That being said landlords tend to expect lesser than. Remember low credit score often is linked to poor money management and higher risk. To answer the question my opinion would be 650.
A letter of explanation and reference's would help, perhaps another party would co-sign or be present for support. John R.E. Investor
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Sun Jul 19, 2015
Ambotsnalang asked:
https://www.reddit.com/3dvt84/
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Thu Oct 30, 2014
babs ratner asked:
Tue Oct 28, 2014
Mary Lynne Loughery answered:
I would start with getting pre-approved. Find out what you can afford, where you are comfortable payment wise, then go from there. Find a Realtor who has experience, is a good listener, negotiator and knows the market areas and what homes are selling for. Attorney's are absolutely helpful if you feel the need and extra protection, I would just advise it be a real estate attorney. ... more
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Tue Oct 28, 2014
Mary Lynne Loughery answered:
Definitely you should list with a Realtor. You most likely will get a higher offer, more qualified buyer and that Realtor will help you get from listing your home to more importantly, the settlement table! ... more
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Tue Oct 28, 2014
Mary Lynne Loughery answered:
It depends on the house, how long it has been on the market, does it fit all your needs? Every home and the bidding process is different. You will know when you have found the right home. If it is new to the market, give it your final and best and write a note with offer to show how much you love the home. If the home has been sitting for a little while, ok to go in lower, research the comps and see what the sellers paid for the house. They may need a certain number to clear. Again, every house and every offer is different. It has to be a win-win for all parties! ... more
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Sun Mar 23, 2014
Trisha Kozak answered:
Hi Deb
Since your post is 2 years old I thought I would ask if you ever considered buying in the Abington area. There are so many homes that would be perfect for a first time home buyer. I know the area very well and you may be able to buy a home for close to the same price as you are paying to rent. If you think this may be something you want pursue, please contact me!


Trisha Kozak
Coldwell Banker Realty Corp
tkozak@cbrealtycorp.com
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Sun Aug 18, 2013
Martha Dahan answered:
Hi Eve, I have to agree with Anne Rubin remarks. As a long time resident, I can tell you the wonderful thing about Cheltenham is its central location. Close to Center City, close to all major highways and also having access to public transportation, Cheltenham is a place you will love! We have here, 2 township pools, beautiful parks, CreekSide Co-op, Salus and Arcadia Universities. Let me know if I can answer any other questions you may have. ... more
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Tue Jun 4, 2013
Alexis Jeffries answered:
Hi Kiara,

You need to decide what borough or city you are trying to buy in and look up that areas Housing Program for new Buyers. Normally, it's on a CourtHouse Website for that area.

I can research it for you!

You only need 3.5% of your purchase price as a down payment. Closing Costs can be paid by the Seller as a Seller Assist at closing.

Please contact me in the near future to get started.

Gratefully,
Alexis Jeffries
Liberty Bell Real Estate Agents
Of Jenkintown
215-237-4147 Direct Phone
Email: alexisjrealestate@gmail.com
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Tue Jun 4, 2013
Alexis Jeffries answered:
Hello Brownniiee,

With FHA Lending, a first time Buyer can get qualified easier than one might think. At least a 620 Credit Score will do with only 3.5% of your offer price down. Closing Costs can be gifted or the Buyer can request a Seller Assist.

There are lots of home choices in Abington, PA.

Please contact me for your home renting or buying needs.

FONDLY,
Alexis Jeffries
Liberty Bell Real Estate
Of Jenkintown
Email: alexisjrealestate@gmail.com
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Thu Feb 28, 2013
Denisestites answered:
Thank you for your prompt reply.
0 votes 9 answers Share Flag
Thu Oct 27, 2011
Anne Rubin answered:
You are very smart to move from rent to own. This is the best time to do. There are several loan programs out there that require very little of your own money. They are based on income and credit. Also if you are a veteran you can buy without practically no money out if your pocket. I am available to answer any additional questions and to walk you through and get you started with the process. ... more
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Fri Oct 15, 2010
Tressa Archer answered:
You should contact a mortgage broker, them decide whats best for you.Please contact me for more information, also if you need the name of good broker.
TRESSA ARCHER
KELLER WILLIAMS REAL ESTATE
766 OLD YORK RD
JENKINTOWN, PA 19046
tressaarcher@kw.com
215-439-1672
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Thu Jan 28, 2010
answered:
It's $8000 or 10% of the purchase price whichever is lower and youget the funds when you file your taxes, not at the closing. PHFA (which has higher than normal rates) used to offer a program where you can use the money as a down payment but they ran out of funds. ... more
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Thu Oct 22, 2009
Martha Dahan answered:
Hi Anna,
All the anwsers below have good advice and Don is absolutely correct in suggesting that you speak to an accountant or a lawyer. Make sure if you have discussions about transfering ownership to you that you have a title search done on the property to make sure their are no liens on the property. ... more
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Tue Mar 24, 2009
Kevin Van Horn answered:
Crime reports and school numbers will only somewhat answer your question. The true answer that you will receive or should receive if you contact any realtor is that they can't directly answer the question. The Real Estate commission has set standards and guidelines for its licensees. Police reports and school testings can be shared however.

If you want to know how the neighborhood is, try doing what I did before I bought in Abington a couple months ago. I walked around the neighborhood. Great way to get some exercise and get a true feel for the area. Also, if you have the time (I hope so if you are considering such an investment in) drive around during different times of the day. During your walks or stops in local stores, ask people.

If you need anything, I am right here in Abington. I can answer most of your questions, as I don't claim to know everything. Have a great day!

kevinv@premierreo.net
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Tue Sep 9, 2008
Chris & Stephanie Somers answered:
You can search for rental properties at the link below:

http://www.thesomersteam.com/rentals.php
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