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Philadelphia : Real Estate Advice

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  • Local Info306
  • Home Buying1K
  • Home Selling149
  • Market Conditions50

Activity 3,337
Wed Sep 20, 2017
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Wed Sep 20, 2017
Pat Baron asked:
2 story all brick 3 bds an den. 1400 sq ft in nice area. Close to schools an shopping. Loads of character. Stain glass windows an wood work. Fire place. Full basement new furnace. Den flipped.…
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Fri Sep 15, 2017
Leslie Davis answered:
Iam looking for a 3or 4 bedroom house tgat accept section 8 vouchers please contact me through my emsil asap thank you
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Fri Sep 8, 2017
Carmen Cunningham asked:
I need to move out of West Philadelphia (Walnut Hill neighborhood) in December. Can anyone recommend a quiet, cleanish neighborhood with a lowest or low Trulia crime rating within a 30 minute…
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Thu Sep 7, 2017
Brendan Stewart answered:
Up to 3 Non-related people may live in a single family home.
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Thu Sep 7, 2017
Crawfordshrly answered:
We buy houses in situation like this all the time. We can definitely help you out. please contact me @ 615-710-7771 ask for Anthony...Home Front Properties Solution LLC.
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Thu Sep 7, 2017
cynthia brown asked:
Tue Sep 5, 2017
Jessica Bateman answered:
There are legit rent to own programs, but there are also some scams and you are taking a risk. You can get approved for a home loan with your credit score. FHA loans only require a 580 score and 3.5% down. Check out The Lenders Network, they can refer you to a lender that works with lower scores.

Good luck!
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Mon Sep 4, 2017
Sierra Williams asked:
I own my home in strawberry mansion, i have no mortgage. I would want to fix it up which would require money that i dont have. It has beautiful bones and high ceilings but needs some new…
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Fri Sep 1, 2017
Wendy asked:
We signed a rental lease only to discover the owner doesn't have Philadelphia's required certificate of rental suitability or a current license to rent out the house to non-family members.…
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Thu Aug 31, 2017
Etwaria Gillette asked:
Thu Aug 31, 2017
LawrenceIMorris answered:
Hey Brandon,

100% with the LLC information. All addresses, phone numbers, SSN/EINs, and other information referenced on the contract should be directly connected to the LLC. Not having to furnish personally identifiable information is a part of the "protection" afforded to LLC's and their owners.

Good luck with your home transaction!

All the best,
... more
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Sun Aug 27, 2017
Tom Pomager asked:
There is no reason for this. He is a good tenant. No Problem for 60 Years. He is Elderly, Upset,
Physical Problems and shaking from this Letter. What can be done?
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Fri Aug 25, 2017
Kathy Burgreen answered:
There is NO law anywhere in the U.S. that says sellers must pay a buyers broker when they are For Sale By Owner. This is strictly realtor sales tactics which borders on harassment. The truth is buyers do need to have a down payment and their closing costs are expensive (higher than sellers). Sellers will collect a profit from the sale of their home, so realtors believe that sellers "SHOULD" take a percentage of their profit and pay the buyers broker because it would be a financial hardship for the buyer to pay their realtor.

In this day of technology with more sellers able to sell by owner, realtors are getting squeezed and they are coming up with any BS story to get the seller to pay their broker fee - whether it's true or not. Sellers don't need to pay and do have he right to negotiate. The huge risk is that realtor will tell their buyer client a made up BS story that your home is whatever and the buyer needs to move on and buy a different home - one that is NOT for sale by owner (listed with a broker).

Bottom line - Sellers doing For Sale By Owner need to stand their ground and don't be intimidated by these realtor threats. What I would do is if the realtor refuses to negotiate, talk to the buyer and hand him a contact card with your info on it. Another method is talk to the buyer in front of the realtor and say: "I would love for you to visit my home without your realtor and since there is no commission fee, we can both save money and I'm willing to negotiate a deal."
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