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Home Buying in Allentown : Real Estate Advice

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  • Home Buying61
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Activity 75
Thu Dec 8, 2016
dconnaher answered:
Sounds like you've done your homework.
How long has this home been on the market? If it's been over 6 months, it's most likely overpriced.
Given your description, I'd go ahead and make that offer, perhaps a little less than what you want to pay as a starting point, like maybe 170,000-175,000...knowing it will most likely be rejected. But who knows, the seller might counter with a price that's closer to reality.
As for "insulting" the seller, the real insult is pricing the home way too high to begin with.
As for the upgrades already done, these things don't up the value as much as many sellers dream they do. The 40k kitchen might be worth 32-35k AT BEST. Same with landscaping...not worth as much as the seller paid.
If or when you make an offer, point out the work that needs to be done yet as part of the reason for your offer, along with the comps and the taxes to back up your reasoning.
Most IMPORTANTLY: be prepared to walk away...don't become emotionally attached...there are always other houses for sale. Be patient.
Good luck.
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Mon Oct 24, 2016
Sally Grenier answered:
First step is to talk to a local lender who can review your credit info and see what you can do to increase your scores. (Byt the way, that seems to be a very wide range). Wondering if maybe there are some mistakes in there that could be reviewed to help bring your scores up? A good local lender will sit down with you and review all of your financial info. In addition to having decent credit, (at least a 620-640 score), you'll need to show decent employment/income history, $$ in savings for down payment and closing costs, decent debt to income ratio, etc. The key to buying a home is being very very good with your money and your credit score -- which means being on time on paying bills and paying down or paying off some of your debts and SAVE SAVE SAVE! Good luck! ... more
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Thu Aug 25, 2016
Debra Perkins asked:
Mon Jan 25, 2016
cch99 asked:
I am curious how one goes about finding out if there is new construction scheduled around a home for sale. I ask because I often see homes that have a bunch of open space or fields around…
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Thu Sep 24, 2015
tom cleary answered:
can I get a historical plauge for my house
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Mon Dec 1, 2014
Gary Swank answered:
You should ensure that your chosen inspector is licensed in your state and then ask for references from Realtors whose clients have been pleased. My recommendation is to locate an inspector who has experience in the type of property you are considering. Ask the references how he or she reacts to issues found. Avoid an “alarmist” who makes every minor defect found appear to be a crucial issue. Remember: every home, even newer ones, may have issues that can be resolved. ... more
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Wed Aug 6, 2014
Jimmy Vercellino answered:
Hi there,

My name is Jimmy Vercellino and I would be honored to serve you. I am a United States Marine Corps Veteran and now specialize in serving Active Duty Military and Veterans across the nation.

It's funny that you ask this question because I literally just wrote a blog on this the other day.

Feel free to check it out at

http://www.valoansforvets.com/va-loan-after-a-short-sale/

Thank you and may God bless you for your service to our great country!

Semper Fidelis,
Jimmy Vercellino
... more
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Sat Jul 26, 2014
Luis answered:
Wed Jul 9, 2014
Cathy Starkweather answered:
Rent to own homes are not as common as you think. The suggestion would be to do what is necessary to purchase a home with financing. This may mean taking the responsibility to clean up your credit; be on your job for a longer period of time; reduce your debt; save up your down payment. Set goals by meeting with a lender on what you need to do in order to finance a home. A lender can assist with compiling a plan/setting goals so that you can obtain a loan.

Most rent to own are direct with home owners/landlords, so they aren't readily accessible on websites with homes being represented for sale. If you're still looking at rent to own, google to look for sites where you might find sites that fit your area/criteria.
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Wed May 21, 2014
Larry Ginsburg answered:
Hi Jon, I am a lifelong resident of the Lehigh Valley with 42 years of real estate experience. As the broker/owner of Prudential Regency Real Estate, my clients benefit from my commitment to exceptional customer service and my knowledge of the real estate market. Please contact me if you would like some assistance with your home search. ... more
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Sun Mar 30, 2014
Heather Moriah Martin answered:
Hello Michael! My name is Moriah Martin - I specialize in helping buyers in both Lehigh and Northampton County - Which is the Lehigh Valley area.

You are right when selecting a buyer's agent you want to make sure you speak/interview to a few agents to make sure you are a fit for each other. It is important that you work with someone experienced and who works full time as a real estate agent also.

It is good to work with someone that has written commitments, this way you know what services to expect - You can check me out online as I have many home buyer resources available and you can get to know me before we even speak...I believe in working at my buyer's pace while listening to their needs and helping them reach their financial and life style goals...

www.facebook.com/LehighValleyHomeBuyer
www.YouTub.com/MoriahMartin

You can also search Google for Moriah Martin Real Estate

Either way good luck to you in your home search.
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Thu Mar 13, 2014
Josh Barnett answered:
Discuss with your REALTOR member your housing wants and desires.
0 votes 7 answers Share Flag
Thu Mar 6, 2014
Luis Echevarria answered:
Hi,

Give me a call to discuss some options, I have numerous options that you could fall into due to your credit issues. Visit my website for more information. Call me anytime @ 484-633-7769... ... more
0 votes 5 answers Share Flag
Wed Mar 5, 2014
Luis Echevarria answered:
Hi,

Give me a call to discuss some options, I have numerous options that you could fall into due to your credit issues. Visit my website for more information. Call me anytime @ 484-633-7769...I am located in Allentown also. ... more
0 votes 9 answers Share Flag
Sun Mar 2, 2014
Cliff Lewis answered:
Hi,

Great question..

there are buyers for both in our area. We have a great amount of people that HAVE to have a single home, and do not want to be attached or near anyone. At the same time, the urban movement is very popular and there is alot in Allentown that is drawing a great deal of people to want to live more downtown in a townhome or condo.

Let me know how I can help!

Cliff
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Wed Nov 20, 2013
Debra (Debbie) Rose answered:
4 year old question.......doubt the poster is still here... .really doubt it
0 votes 10 answers Share Flag
Wed Nov 20, 2013
Glen Primak answered:
Brandice,

If you haven't been able to get help, call Steve Shvartsman @ (215) 947-5363. Guy can definitely help you out!
0 votes 11 answers Share Flag
Sat Nov 16, 2013
James Furlong answered:
I don't understand why you did not ask for the well issue to be corrected by the seller as soon as the issue arose in the home inspection. Yes, the high coliform levels was not acceptable to the VA as your lender but they should not have been acceptable to you either, and as such gave you the right to have it corrected or pull out of the deal based on your inspection contingency. Your agent should have negotiated that with the seller and not have had you spend the money. Is this agent acting as buyer's agent, seller's agent or dual agent? Just seems like there's something strange going on here. I suggest you discuss it with your attorney. ... more
0 votes 9 answers Share Flag
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