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19133 : Real Estate Advice

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  • Local Info2
  • Home Buying5
  • Home Selling0
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Activity 7
Wed Nov 23, 2016
Esquilinmaria7 asked:
Tue Dec 11, 2012
pa.pa.homerental answered:
Depending upon where you want to buy.... For example, in 19140, you may get rent to own deals, but you may not want to live there.
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Fri Dec 7, 2012
Debra (Debbie) Rose answered:
BEST ANSWER
Debra (Debbie) Rose, Agent, Livingston, NJ
Harry - I can see you're stressed, and I think you need to take a big breath and a step back..............you didn't mention this, but......do you have any savings??

I would personally never advise anyone to buy a home unless they had a financial cushion.....no financial planner would advise anyone to do that, either...........so....before you jump into home ownership, as appealing as it may be..make sure you have that cushion to cover you in the event of unexpected expenses or emergencies.....saving should be part of any budget.....so make sure you're not overextending yourself.

There's more to owning a home than just paying the mortgage and taxes..........things break....big things can break..........make sure you look very closely before you leap!
And - 5.5% interest rate is very high by today's standards.....so, imo.......work on your credit...........pay down your loan......save......qualify for a low interest rate.....then buy a home.

Best wishes and have a wonderful holiday season.............
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Sun Jul 10, 2011
Ron Thomas answered:
Out here on the left coast, we can go in to a TITLE COMPANY and they can get the information.
Maybe they will do it because I'm a Vet, or maybe it's because I look like Robert Duval,
or maybe because I'm a Realtor. Yikes, I don't look like him?

Good luck and God bless
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Sun May 8, 2011
Bill Eckler answered:
Kenny,

If your friend is willing to exchange this property for one dollar and back taxes, he/she is not really giving the property to you. The old saying, "look before you leap" may apply here.

It would be important to understand if there is a clear title to the property. We know there are back taxes associated with it but are there any liens or other debts that are attached to the property. We would recommend that prior to making any type of commitment that you do some investigating first. It would also be beneficial to know the current value of the subject property.

When all is said and done, the value of the property and its condition, back taxes, legal fees, and possible liens are very important considerations.

There are times, we shouldn't look a gift horse in the mouth but other times that everything may not be as it appears.

Hope this is helpful,

Bill
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Fri Sep 12, 2008
Chris & Stephanie Somers answered:
Kathleen,

Have you consulted with a local pro to go over that area ? It can be block to block per se. There is a lot of change and growth there but has not grown as much as Old Kensington and Fishtown. The price range would depend on how large the property is. I know that area very well.

If you need more specific info, feel free to call us or email us at thesomersteam@yahoo.com .

Also, I would suggest to visit our site in regards to "Fishtown" and "Old Kensington" .
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