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General Area in Philadelphia : Real Estate Advice

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Activity 104
Sat Jul 3, 2010
Larry Lichtman answered:
Well Dogman,

Did you find the answers to your question? If not, feel free to call me. I have a Realtor friend on the island that can do a CMA.

All the best,
Larry Lichtman
REALTOR, Property Manager
Your Real Estate Resource For Life
CELL (267) 254-7994
LarrySellsRealEstate@gmail.com
... more
1 vote 2 answers Share Flag
Sat Jul 3, 2010
Larry Lichtman answered:
Hi Stephanie,

I'd be happy to help you find a place that will be an easy commute to PHL. There are many beautiful neighborhoods and communities within the City and suburbs that could offer you and your family what you desire.

Please feel free to call me if you are still looking for assistance or have any real estate related questions. Have a Happy Independence Day Weekend.

All the best,
Larry Lichtman
REALTOR, Property Manager
Your Real Estate Resource For Life
CELL (267) 254-7994
LarrySellsRealEstate@gmail.com
... more
1 vote 3 answers Share Flag
Sat Jul 3, 2010
Larry Lichtman answered:
They were demolished many years ago. I manage a property at 1xx W Albanus St. The backyard and driveway are open to the Boulevard because that whole entire block ?100 W. Roosevelt Blvd? is now an open filed. (At intersection of Mascher on W side of Blvd).

The City never even properly disconnected the sewer lines. I can only imagine what is going on down underground with the cracked and crushed but not sealed sewer lines?

All the best,
Larry Lichtman
REALTOR, Property Manager
Your Real Estate Resource For Life
Cell (267) 254-7994
LarrySellsRealEstate@gmail.com
... more
1 vote 2 answers Share Flag
Tue Apr 27, 2010
robert peronne answered:
I am working with several buyers who are considering placing bids. Check out the link below for more info.

As far as buying in Old City goes, there is only a common sense answer. It depends on how you feel about Old City. GO there and walk around the neighborhood. If you like it and you feel safe then you will be happy living there.

I have walked around Old City in the middle of the night many times and I have only scared a few people.
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Wed Apr 21, 2010
Bibby Crane answered:
Hi Rachel -

You have many options depending on your criteria. Price range will dictate which areas make the most sense for you. Also, are you looking to stay outside of the city limits?

I am happy to speak with you and provide specific areas for you to consider once I have a bit more information. Please contact me at your convenience. www.FineHousePA.com.
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0 votes 5 answers Share Flag
Wed Apr 21, 2010
Bibby Crane answered:
Gwynedd Valley is lovely, and there are also many additional areas you might want to consider. Realtors are unable to comment on schools, but to see schools I suggest visiting http://paayp.emetric.net/ for "report cards" on all the schools. When you visit the site, take a look at Montgomery County, Delaware County, and Philadelphia County. In order to make specific suggestions, please feel free to contact me (www.FineHousePA.com) to discuss what neighborhood characteristics appeal to you, your general price range, and your maximum commute time/method of transportation to work.

Doing your own research is a good idea, but it will be extremely helpful for you to have the insight of someone who lives here, always has, and is fully connected to real estate and community information such as myself. I'm happy to help.
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0 votes 4 answers Share Flag
Wed Apr 21, 2010
Bibby Crane answered:
Dual Agency, while frowned upon by some agents, has its place. In certain situations, where the agent has a long standing relationship with both buyer and seller and neither wishes to work with a substitute it can work out. There needs to be a lot of mutual trust and a clear understanding between all parties that the agent MUST remain neutral. Generally I avoid it but in certain circumstances it is a viable arrangement. ... more
0 votes 6 answers Share Flag
Wed Apr 21, 2010
Bibby Crane answered:
The areas you mentioned above are good ones to consider given your interest in avoiding higher priced properties. You might also consider Flourtown, Oreland, Cheltenham and Willow Grove. Of all the areas, Glenside is probably your best bet. There are nice restaurants, The Keswick Theatre, and a real sense of community. ... more
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Mon Mar 29, 2010
Dan Chase answered:
We have had under 30% inflation in that time. I would look to see prices go lower. More so as interest rates go higher. Going from 5% to7% interest rates takes away 23.9% of buying power. WHen you remove about 1/4 of a houses price that will change things a lot. ... more
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Mon Mar 22, 2010
Barbara Smith answered:
Jessica,

There are lots of great suburbs surrounding Phila....on the New Jersey side as well as the PA side, with easy access to public transportation and the bridges. It depends on what you are looking for..single family home, townhome, rowhome, condominum? And of course, price range.

I am licensed in both states so I could assist you with exploring suburbs on both sides of the Delaware River.

Feel free to contact me any time via email, cell or text.

Good Luck!
Barbara Smith ABR, GRI
Weichert Realtors NJ & PA
cell/text: 609-980-7593
email; BarbSmith321@comcast.net
... more
0 votes 5 answers Share Flag
Tue Mar 9, 2010
Lorri Paster answered:
Hi Elizabeth,

I agree with James that there isn't any sure way to say that ANY neighborhood will retain their value. I found a few articles that I found interesting that talks about the Sugar House project..."According to Sugarhouse officials, the casino’s revenues will help fund wage tax reductions, finance the Convention Center expansion, garner the city nearly $17 million in host fees yearly, generate up to $8 million in taxes and help ease rising property taxes. Not only that, SugarHouse is expected to create nearly 1,500 new jobs".

http://whyy.org/cms/news/featured/2009/09/29/mixed-reaction-to-casino-in-neighborhood/18794

http://planphilly.com/node/1572

http://sct.temple.edu/blogs/murl/2009/05/20/fishtown-taking-a-gamble/

I would be happy to send you some listings in these two areas when you are ready to begin the process of finding a home!

Lorri Paster
Weichert Realtors
lpaster@weichert.com
267-240-5767
www.lorripaster.com
... more
0 votes 2 answers Share Flag
Mon Feb 15, 2010
Brian Fletcher answered:
No. Property taxes only change if the city re-asseses the home or if a rate hike was scheduled.
0 votes 2 answers Share Flag
Sun Jan 31, 2010
Sean Dawes answered:
Wed Jan 13, 2010
Lorri Paster answered:
Hi JOhn,

I just ran a search for you and found a good number of very affordable and very nice homes, all within half an hour of where you work. Please call me at your earliest convenience and we can discuss with what I found.

Thanks so much!

Lorri Paster
Weichert Realtors
Blue Bell, Pa
267-240-5767
... more
0 votes 4 answers Share Flag
Wed Jan 6, 2010
Larry Lichtman answered:
Francisville is definitely an upcoming neighborhood. The Art Museum/Fairmount redevelopment is pushing northeast into Francisville. Several rehabs have been completed and sold or refinanced and held pushing down to 19th & Parrish already. That area will be one of the next to take off when the economy rebounds. It is only logical being it is so close to Center City and so easily accessible to highways and public transportaion. ... more
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Wed Jan 6, 2010
Larry Lichtman answered:
This is not an easy situation. Depending on the taxes you paid upon receiving the gift, the entire amount may be taxable to you. I don't believe it would be capital gains tax, but other income tax. The tax rate may depend on your other income during that tax year. There would only be capital gains on your end, if you sell it for more than it was valued at when gifted to you. This is definitely a question for your accountant, tax attorney or your tax preparer. Good luck and Have a Happy New Year! ... more
2 votes 3 answers Share Flag
Sun Oct 25, 2009
Maurice Rollins answered:
No, they are not. There are more single family twin homes on that block than there are duplexes. There is one for sale actively and one that has expired but still might be available. If you are interested in more information please do not hesitate to email, or call me.

Maurice Rollins (267) 258-2078
Exit Realty "The Tri-State Group"
1080 N. Delaware Ave
Suite 200
Philadelphia, PA 19125
... more
0 votes 1 answer Share Flag
Fri Aug 14, 2009
Dave Lombardo answered:
There are so many great neighborhoods in the Philadelphia that offer what you asked.
It really comes down to how much you want to spend.
Here are some areas that I think have all you asked for and more; Old City, Northern Liberties, Society Hill, Queens Villege, Bella Vista, Washington Sq (east & west), China Town, Fish Town, Ritten House Sq, Fitlers Sq, Graduate Hospital Area (SWCC), Fairmount, Passyunk Sq and Passyuk Crossing. And I can come up with some me but I think this may be enough for now.
Philadelphia is a big city but it is very easy to get aroud in it. Philly has alot to offer as far as Restauants, bars, art, and the best of city living.
I live and work here and I guess you can tell I am a fan of my home town!
I am sure you will make a choice you will be happy with. Good luck with your search!
... more
0 votes 7 answers Share Flag
Wed Aug 5, 2009
David Krupp asked:
[property 1]
Grad Hosp. $565k - 1536 Montrose. - LEED Platiunum registered 3-bed study, 2.1 bath green roof, 2 additional garden, lots of reclaimed, recycled, materials, etc.. truly unique…
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Tue Jun 30, 2009
Chris & Stephanie Somers answered:
I heard (I am not saying with absolute knowledge) that the student evictions were not able to be upheld. I do not know what happened specifically but the city is not enforcing it to my knowledge. I have a close friend who was a little concerned last year when he received a notice. But things have quieted down on that front.

Perhaps the city has bigger fish to fry with the growing unemployment and housing slow down. Maybe they see no reason to stir the pot so to speak.

Is it right to limit the rights of students to choose housing in a neighborhood that does not limit the rights of any other person?
... more
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