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Home Buying in Queen Village/ Pennsport : Real Estate Advice

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  • Home Buying7
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Activity 6
Thu Feb 13, 2014
Christopher Jordahl answered:
It all depends on the sale price and how much escrow needs to be filled. Closing costs can run anywhere from 3-6% of the purchase price (typically). Hope this helps
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Mon Dec 9, 2013
Rachel Reilly answered:
Hi Karen-
the biggest question right now is taxes- the Office of Property Assessment has done an entire overhaul in pursuit of retaxing the entire city based on value- called the Actual Value Initiative (AVI). To check out what the new 2014 taxes will be for any property in Philadelphia, just follow this link and type in the property address you wish to search. http://avicalculator.phila.gov/ ... more
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Sun Jul 15, 2012
Mike McCann answered:
Fantastic residential area ! Very exciting place to call home. Great pride of residence in Queen Village!. I have been selling homes there for 26 years to single people, couples, families, empty nesters and the all important first time buyer. Everyone loves living there ! The average price is approx 375,000 ish. However I sold a nice 2 bedroom home for 200 and a 4 bedroom for 1,050,000 and everything in between this year! Go to mccannteam.com to view information , satistics and every home for sale with photos in Queen Village ! Good luck and have fun! ... more
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Mon Sep 27, 2010
Julie Russell Arrick answered:
Not sure if you're still looking or if you've already learned the answer to your own question, but I figured I would send you a response anyway- just in case!
Basically, you need a minimum of 3.5% of the purchase price as a down payment on your home... Closing costs can often be rolled into your loan amount so that you don't need that extra cash up front at settlement. If you're looking to buy in the Queen Village/Pennsport area, give me a call or shoot me an email. I focus the majority of my business in the area and am also a resident of Pennsport.
Julie Arrick
... more
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Thu Sep 9, 2010
Karen Sloan answered:
Hi Karen! In my opinion, I think the vicinity of 2nd and Christian is a great place to live. In fact, I have a few clients who live around there and absolutely love it. I would like to give you the same advice that I give all my clients. Take some time to drive or walk around the neighborhood and if you get the opportunity, talk to some neighbors. Most people will get a sense if a neighborhood is right for them. Researching online is helpful as well--check out the Philly Blogs that are written by the residents themselves. Good luck! ... more
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Thu Jun 4, 2009
Edmund Choi answered:
Just wanted to amend my last comment, PA does offer "PHFA Tax Credit Advance Loan Program". Link below.
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