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Home Buying in Wilkes-Barre : Real Estate Advice

  • All22
  • Local Info2
  • Home Buying6
  • Home Selling2
  • Market Conditions2

Activity 5
Sat Jun 15, 2013
Eric Feifer answered:
Solomon's Creek is an issue for a very small section of Wilkes-Barre. The Susquehanna river could potentially cause more damage, but is protected by a levee. Your insurance company can give you a better idea of flood insurance costs for homes affected by both bodies of water. The majority of Wilkes-Barre is outside the flood plain. ... more
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Wed Dec 19, 2012
Jesse Kugler answered:
Fri Aug 31, 2012
Nicole Veenendaal answered:
Will, is the home listed or have you just seen the posting? Most of the time, unless the seller is willing to go about short selling the home this can be tough to do. I would talk to a Realtor in your area who knows about short sales and foreclosures, then ask them to check into the particular property for you and see how many liens, if the seller is willing to sale, etc. ... more
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Mon Jun 25, 2012
Sharon Sapp answered:
There are several reasons why sellers and their agents are reluctant to accept mortgages from a .com company. In completing a real estate transaction, there needs to be a single point of contact to follow up on dates. In PA, the agreement of sale is loaded with dates that if are not kept, put the contract in default. When there is not a single point of contact (as is typical in .com mortgage companies), dates can slip on appraisals, mortgage commitment, etc. that can cause the deal to fall through. Neither buyer nor seller wants that to happen. Another frequent occurrence is for the closing date to be pushed back - in fact, there have been instances where the .com mortgage company said they couldn't fund the mortgage at all and this was at the closing table. I'm sure there are instances where the deal has settled successfully, but the track record is not good. When people make life altering plans - moving, purchasing a new home, etc., no one wants the deal to fall through. I would suggest that if you want to use a .com mortgage company, you have a local mortgage company as a back up. That way, if there is a problem, the local company can run with it. The best plan of action, though, is to get your mortgage through a local company. Ask your Realtor to recommend some that he/she has had good success with. ... more
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Mon Jan 16, 2012
Benny Smith answered:
There is no record of this home being offered as a rent to own. Why do you think it might be.
Benny Smith
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