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Wyncote : Real Estate Advice

  • All9
  • Local Info0
  • Home Buying4
  • Home Selling1
  • Market Conditions3

Activity 20
Mon Jun 27, 2016
Rosalie Jones asked:
I need assistance in looking to rent a 2 bedroom apartment within Cheltenham School District under $1000 if possible
0 votes 0 Answers Share Flag
Wed May 11, 2016
Mjohnson.clk asked:
I contacted the creditor and spoke with a supervisor who agreed this account was closed and paid off in full in 2012. However, my credit report score detail says the drop is because of a…
0 votes 0 Answers Share Flag
Wed Mar 2, 2016
Gina.hiatt answered:
I agree! We've been looking in this area, and I would never consider buying a house with such high taxes, at any price. Once your house is paid off (which ours would be very quickly), you are stuck with the high taxes for life. Yet, there are so many very nice houses being sold for ridiculously low prices. I think this community is shooting itself in the foot. They should consider alternative ways of getting income, such as taxing places of worship properties. ... more
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Tue Feb 3, 2015
The Graveline Group answered:
Help center, bottom right from any page. They may have it as part of his advertising package and he may not know why it's still showing. Your new agent should be able to claim the listing on Trulia, as well. ... more
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Thu Apr 3, 2014
Brett Warren answered:
It really depends on the location that your are interested in. Most states, cities and townships have separate programs that can benefit the first time home buyer. Some local banks may be offering special first time home buyer programs too. They will not all have the same qualification requirements, however all will look at your ability to pay (employment and Income), willingness to pay (credit) and the collateral (property) to determine your qualifications. The only way to know for sure is to contact the participating lenders and the agencies involved. It is not a short and/or quick process, but you are already on the right road by asking the question. Start by searching all of the above to get their requirements to see where you stand. If you are not quite there yet there are agencies to help you get there. Good start and good luck! ... more
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Thu Mar 13, 2014
Jonea Price answered:
HI there!
This home is absolutely stunning and the community is truly luxurious.

Unfortunately, Montgomery County is not offering tax abatements on new constructions at this time. If you plan to use a home in Montogomery County as your primary residence, then you can apply for a Homestead Exclusion to reduce the amount of your school taxes. The amount of this exemption varies from year to year.

The management fee for this property is a very low $155/month. Would you list to schedule a visit to see this property sometime? You can always call, email, or text me with questions. Thanks.

Jo Price
Keller Williams Realty Group
... more
0 votes 1 answer Share Flag
Tue Apr 16, 2013
Joshua Stein answered:
As a multi-unit property, the best way to accurately ascertain value is to know what the net annual income of the property is.
0 votes 3 answers Share Flag
Sat Mar 23, 2013
Gregorio Denny answered:
There is no rounded figure. A 1 million dollar purchase won't have 4% closing costs and a $50K purchase also won't have 4% closing costs. It also matters if it's a purchase or refinance you are talking about. ... more
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Tue Oct 9, 2012
Emily Landis Torres answered:
Looking forward to hearing from you!
Emily Landis Torres
RE/MAX Central
Direct: 267-640-2327
Office: 215-326-2260 ext 1793
0 votes 4 answers Share Flag
Tue Oct 9, 2012
Laura Feghali answered:
Hello jladebug7,
I suggest that you contact your town government's building department as they may have plans on file as to which contractor constructed your home.

Here is a link to Montgomery County's web site with a list of the government departments:,a,3,q,4012.asp

Best wishes!

Laura Feghali
Prudential Connecticut Realty
... more
0 votes 1 answer Share Flag
Wed Oct 3, 2012
Anne Rubin answered:
If that property use to have the address of 270, then the taxes are 5138. But 270 is not on the market currently. They did alter some of the addresses a little while ago. Please confirm that you have the correct address. Call or email me for any additional help. 215-887-4653 ... more
0 votes 1 answer Share Flag
Sun Aug 5, 2012
Alan Openshaw answered:
Hello ygyabaah,

What you need is an FHA 203k rehab loan. They are a lot of paperwork and should be able to be done in 45 days. However for one reason or another they always tend to run 60 days.

If you go to our website you can click on the link at the bottom of the page that explains a 203k loan

Alan Openshaw
Cornerstone Lending Inc
Southampton Pa 18966
215 953 0800
cell 267 992 7276
NMLS ID 143960
... more
0 votes 2 answers Share Flag
Fri Mar 2, 2012
Michael Benedict answered:

Pre approved is a great step forward. I can give you my back round. I am investor of real estate my self. I originated Loans, sold homes, and bought homes. I will not be happy until you and your wife are happy with the property you have chosen. Please contact me and will be my pleasure working with both of you. My contact info is on my site . I look forward to the journey. ... more
0 votes 11 answers Share Flag
Mon Apr 12, 2010
Robert LaPierre answered:
I am a local loan officer for a division of Wells Fargo and have closed many 203k loans. They are becoming more and more popular especially since there are so many bank owned properties on the market right now. Feel free to give me a call and I can get some numbers together for you. I can be reached at 215-654-5904.. ... more
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Wed Aug 5, 2009
Melody Kellenberger Appel answered:
you really never know. we had our property listed for $575k and accepted an offer for $500k just 2 months after listing because we found our dream house at a great price and didn't want to miss out. sure we could have had more cash if we waited, but we also could have lost our dream house and paid more for our new house.... ... more
0 votes 24 answers Share Flag
Sun Jun 28, 2009
Fred Griffin answered:
A fairly comprehensive list of Schools and Colleges
(both Government Schools and Private Schools)
can be found at this Website:

United States Department of Education,
Institute of Education Sciences

*** A word of caution - do not rely on websites, or maps, or word of mouth
when it comes to "What school will my child attend?"

You should contact the specific school or school board,
to ensure that they are accepting students.

Sometimes schools will get "capped" - they cannot accept new students because
they are full, or there is a shortage of teachers at that school,
or for a number of other reasons.

Or, the information on the website or map may have recently changed.

Contact the School or School Board, and get verification from an Official.
Best wishes,
... more
1 vote 2 answers Share Flag
Thu Mar 19, 2009
Erica Ramus, MRE answered:
There are so many variables involved! What do you owe on credit cards and your cars? What are your other monthly obligations? You have a rare thing these days: a good downpayment! So lenders will love to talk to you. Pick a lender and sit down with him to discuss your options. ... more
1 vote 11 answers Share Flag
Fri Sep 26, 2008
Gita Bantwal answered:
Sometimes you can not go by how long it has been on the market . The seller may not be too flexible if they have not reduced the price.
First make sure you have signed a buyer agency contract with the agent. The agent will guide you and show you all the recent sales. You can base your price on recent sales . You do not want to pay more than what it is worth.
I was working with buyers recently who made an offer on a house that was listed at 565k. We offered 450 and came upto 475k.The seller countered at 520 . My buyers were willing to go upto 510, if it appraised so we ordered an appraisal .It appraised at 505 so my buyers decided not to buy and the seller was not willing to lower his price from 520k Your agent will guide you.
... more
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