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Home Buying in 19001 : Real Estate Advice

  • All7
  • Local Info1
  • Home Buying4
  • Home Selling1
  • Market Conditions0

Activity 9
Tue Jun 4, 2013
Steve Ploetz answered:
Kiara,

Speak with a lender and get him/her to look through your financials and make recommendations. I've worked closely with David Pennington with RPM Mortgage and I'd recommend you start there.

His information is:

David Pennington
RPM Mortgage
619.994.9723 cell
dpennington@rpm-mtg.com
... more
0 votes 7 answers Share Flag
Tue Jun 4, 2013
Tracy Robinson answered:
Hello Brownier

Abington is a neighborhood tightbnext to where I grew up so I am very familiar with Abington neighborhood and I would love the chance to help you find a rent to own in Abington. I can be reached at the office 215-493-0200 ext 1087 and if I am not there, please feel free to leave me a message and I will call you back.

Thanks
Tracy Robinson-Realtor
KELLER WILLIAMS PREFERRED
62 South Main Street
Yardley, Pa. 19067
Office phone: 215-493-0200 ext 1087
Direct phone: 267-395-0251
Cell phone: 267-690-8405
FAX phone: 215-493-2242
tracyrobinson@kw.com
... more
0 votes 2 answers Share Flag
Tue Oct 28, 2014
Timothy Garrity answered:
Hi, Metoland.

To answer your question, no.

The reason being is that as a buyer in today's market, you usually have the upper hand. This is what is referred to as a "Buyer's Market." Supply is high, and demand is low. Being that is the case, you should leave room to negotiate.

On the same token, you also don't want to insult the seller with a ridiculously low offer. That can backfire and you may even lose the right to potentially do business with that seller.

If you have more questions, please feel free to call or email. All of my contact information is below.

Best,
Tim

Timothy Garrity | Realtor & Consultant
Licensed Real Estate Salesperson - #RS314897
215-829-8850 Office
267-879-2716 Mobile
tim@usspaces.com
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0 votes 15 answers Share Flag
Thu Oct 27, 2011
Edmund Choi answered:
0 votes 9 answers Share Flag
Wed Feb 20, 2013
Laura Feghali answered:
Hello Brandy,
No, all foreclosures do not require a 20% down payment however; the more money you offer towards the purchase the more attractive it looks to the bank. They like to see as much cash as possible and, of course, at the highest price.
You can give a lesser down payment amount and submit a pre-approval letter from a lender stating that you are qualified to purchase at your offer price. Much depends on your competition.
Hope this is helpful.
Good luck!

Laura Feghali
Prudential Connecticut Realty
... more
0 votes 12 answers Share Flag
Thu Oct 22, 2009
Edmund Choi answered:
Only if the note is assumable. Otherwise, you would need to "buyout" your mother.
0 votes 4 answers Share Flag
Fri Oct 15, 2010
Renee Porsia answered:
Hello

Well, I would say that that is a tough question to answer. Your home is only worth what it is worth and the comps need to be there to support the value. If you get enough to pay off your mortgage and you find a home that suits you better then that would be great.

Most home owners think that they need to make a killing when they sell their home and that really isn't what owning a home is all about. Sure, nobody ever wants a home to depreciate but the best situation would be buy a home that you love in the area you want to live in and when you sell it, make enough to pay off your mortgage. A better situation would be to have a little left over after paying off your mortgage.

Due to all of the inflated home prices that everyone experienced over the past many years, home owners are needing to bring money to the table in order to pay off their current mortgage.

If you don't have to move or really want to move, stay in your home if you love it. If you can get a lower rate and reduce your monthly payment, do that. Just make sure you are not paying a lot of junk fees when you do refi. Remember, there are no free mortgages or refis. The banks will make money off of you one way or another.

Renee Porsia
Associate Broker
RE/MAX ACTION
(215) 669-0589 Direct
(215) 358-1100 Office
http://www.reneeporsia.com
... more
0 votes 5 answers Share Flag
Tue Oct 28, 2014
Andrew Himes answered:
Chris,

There is much more to be said about the home buying process than can be said in this type of forum. I generally sit down with prospective clients for at least an hour to discuss the entire process. But a few quick points that you need to know as you begin the process are as follows, in no particular order, but the pre-approval process is definitely the first step, without the pre-approval you are just going to swim in circles:

-Sit down and really figure out what you MUST HAVE in a home for it to even be considered as something that you would purchase
-Figure out what you would LIKE TO HAVE, but wouldnt prevent you from buying that perfect house if it didnt have that specific feature(s)
-What do you absolutely not want a home to have, something that would prevent you from even looking at a home that has this feature
-Find an agent that you are comfortable working with and one that LISTENS to what you want
-Work with a FULL TIME realtor, needs to be available when you are free to look at homes
-You are free to use an attorney and i would never tell you not to use one, but as in other states where it is required, PA doesnt require it

I would love to speak more about the opportunity to sit down with you and further discuss the process and your options.

Andrew Himes, CRS, ABR, e-PRO, REALTOR
Prudential Fox & Roach Realtors
267.231.8255
Andrew@AndrewHimes.com
... more
0 votes 32 answers Share Flag
Tue Sep 9, 2008
Chris & Stephanie Somers answered:
You can search for rental properties at the link below:

http://www.thesomersteam.com/rentals.php
0 votes 1 answer Share Flag
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