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Easton : Real Estate Advice

  • All100
  • Local Info16
  • Home Buying24
  • Home Selling2
  • Market Conditions6

Activity 44
Tue May 10, 2011
Julie Martin answered:
In Alabama it is required that the real estate licensee give you estimated closing cost whenever you write an offer. It doesn't matter who you finance with. I don't know the real estate law in PA. ... more
0 votes 6 answers Share Flag
Sun Mar 6, 2011
Peter Ryan answered:
Jay, that really depends on a number of factors, such as location (I know you're on College Hill, but...) condition, features (A/C, newer kitchen, age, etc.) and on and on. In the MLS, we can search history to see what different properties, which were listed as rentals, finally rented for, though certainly not all rentals are entered into the MLS. So....that's my non-answer answer. Feel free to contact me for further information. Please excuse me if I cannot determine at what price your home would rent, it's simply that there are too many factors which determine both sale prices and rentals, that I would potentially be providing inaccurate information. ... more
0 votes 1 answer Share Flag
Wed Nov 2, 2011
Dallas Texas answered:
Against professional code of ethics for a Realtor render an opinion on behalf of another profession



Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
... more
0 votes 4 answers Share Flag
Fri May 18, 2012
Sarah Padgett answered:
Short sales can be tricky...they have gotten better on closing if the agents involved know the process. Do you need me to refer you to a top-producing agent in your area? I have had one short sale that we got done in 45 days but I have had another that took about 5 months! The bank can have a lot to do with it as well. The best thing to do is try to coordinate those closings so that you do not have to move twice. A contingency offer would also work if you are working with an individual. Banks normally will not look at contingent offers. I hope this helps! Please let me know if you need anything else!

Sarah Padgett
Century 21 Judge Fite
cell: 817-614-6390 (call or text)
sarahpsellshouses@gmail.com
... more
0 votes 11 answers Share Flag
Sat Sep 15, 2012
Anna M Brocco answered:
Keep in mind that much will depend on location, pricing, condition, size, etc.
0 votes 4 answers Share Flag
Mon May 10, 2010
Suz A answered:
Hello Joe,
The prudent response is to advise you to contact a lawyer who can give you about 10 minutes of their time.

Your deal may not meet FHA requirements but that may not be sufficient reason for the contract to fall out . My question is has the buyer sought a conventional loan?

Changing your mind? Reneging? I have too many questions to be able to respond in any meaningful way. You don't need an answer from a blog, you need a conversation. You should contact a lawyer.

SuZ
... more
0 votes 6 answers Share Flag
Mon Dec 28, 2009
Joseph Finnerty answered:
The city of Easton requires a certificate of occupancy or a "code" inspection. This inspection is done by the city. They send an inspector to the property who looks for safety issues or violations that need to be fixed. Any violations noted must be corrected by the seller before the home is sold or done by the buyer after the sale. Either way, someone needs to fix the problems.

The violations can include things such as GFI outlets needed near water sources, windows that don't stay open must be fixed, stairways must have handrails...etc.

Allentown, Bethlehem, Easton and College Hill require these inspections. Many of the municipalities in the Lehigh Valley don't require the inspection. Hellertown requires a curb and sidewalk inspection but they don't look inside the home. Each municipality is different.

When they say "code free" this usually indicates the code inspection was already done and everything is okay.

A few years ago, when it was a sellers market, the sellers were making the buyers take on the responsibility of getting the code violations corrected. These days the sellers are getting forced to correct the violations and many agreement of sales include a line stating that the seller will be responsible for getting the certificate of occupancy and fixing any noted violations.

Hope this helps.

Happy New Year!

Joe Finnerty
Long & Foster Real Estate, Inc
Bethlehem, PA 18020
... more
0 votes 2 answers Share Flag
Mon Aug 10, 2009
Paul Johnson answered:
Hi Katen73,
Yes that property was sold in mid June for a sale price of $56,000. If you are looking for real estate in the Easton or Lehigh Valley area and are not working with a realtor, I'd welcome the opportunity to help in your search as your buyers agent. Please feel free to contact me directly at your convienence.

Paul Johnson
Weichert Realtors
(610) 317 4163
Paul@Lehigh-Valley-Homes.com
... more
0 votes 3 answers Share Flag
Mon Dec 28, 2009
Goat answered:
If a fair price is to be found then it will be found in the REO's or bank owned property. 50% to 75% off of asking is required at the offer to begin with. These banks are very delusional about their boxes too.

Get a great deal or no deal. Seek 1980's prices cause realty is going to get much cheaper going forward.
... more
0 votes 4 answers Share Flag
Mon Apr 19, 2010
Cliff Lewis answered:
Curtis,

Do you have an agent? Coming in at 55 on a bank owned property that I think is listed for 79,000 is not the worst thing in the world. How are you buying the home? Is it a cash deal or do you need a mortgage? Email me at c.lewis@cbhearthside.com and I will give you my thoughts on where you should start to end at 70. I work with a couple of local investors in the Easton area, that buy up foreclosures very often in this area. Let me know, and good luck if I do not hear from you!


Cliff Lewis
610-509-9834
... more
0 votes 2 answers Share Flag
Sun Mar 29, 2009
Randy Sprague answered:
Is it that they continue with the mortgage, you move in, they pay the mortgage with the money you pay them on a monthly basis, something like a land contract? I'd like to know as well, considering my answer is probably way off. ... more
0 votes 3 answers Share Flag
Sat Feb 28, 2009
Vicky Chrisner answered:
Ed, hire a local agent to assist you. If you don't know anyone in your area, email me and I will connect you. The questions are good, but really you need someone who can ask questions to clarify and then answer.... and that would be your agent that should do that. Below is a link to a blog on buying REOs (post foreclosures) and it should help you. Make sure your agent knows REOs if that is what you're considering... not every agent has experience in this area.

vchrisner@kw.com
... more
0 votes 2 answers Share Flag
Sun Nov 28, 2010
Paul Johnson answered:
Hi Lauren,
It depends on the property. It you are the Lauren that just posted recently on a property on Cobblestone, please see that reply.

Obviously, taxes depend on the property. If you are looking to move the the Lehigh Valley there are many nearby communities with various tax base with easy commute to NJ.

Please feel free to contact me directly with any questions you may have on any Lehigh Valley properties.

Paul
... more
0 votes 3 answers Share Flag
Mon Nov 24, 2008
Neil and Kathy Haverly answered:
Jill,

Just a little clarification needed, are you asking about Fairfield, Trumbull and Easton in Conneticutt or Pennsylvania?

Neil
0 votes 2 answers Share Flag
Wed Jan 21, 2009
Paul Johnson answered:
Hi Irene,
Yes 415 Peach Tree went under agreement in September and Sold the end of November for 168K. I remember showing that house. If you are still looking to purchase a home in the Lehigh Valley area and are not working with a REALTOR I would welcome the opportunity to work with you in your search for a home.

Yours in Service,
Paul Johnson
... more
0 votes 1 answer Share Flag
Thu Oct 1, 2009
Chris & Stephanie Somers answered:
Feel free to search for properties at out site below. I would fin an agent in that specific community. Feel free to email us from our website if you want a referral.
0 votes 5 answers Share Flag
Thu Jun 5, 2014
Michael D Delp answered:
there are several mortgage programs available to first time home buyers. I would be happy to point you in the right direction. Feel free to contact me for more information. The very best of luck to you!
Michael

Michael D Delp
Mortgage Pro
4802 Old Bethlehem Pike,
Telford Pa. 18969
Ph- 215-453-1025
Fax- 215-453-1012
Cell- 610-762-0318
michaelddelp@aol.com
michaelddelp@verizon.net
www.mortgagepro.instantlender.com
... more
0 votes 7 answers Share Flag
Fri Jun 27, 2008
Jed Lane answered:
Section 8 rent subsidies are made by your local HUD office. Contact them and they will give you the criteria of habitability, they will inspect to be sure the unit complies and then they will send you screened applicants. Set you asking rent at the high end of the market, but with in comparable market rates. The renter will be asked to pay a portion of the rent based on their income and the program will pay the balance. ... more
0 votes 2 answers Share Flag
Tue Jun 3, 2008
Jim Johnson answered:
Foreclosures are properties that a lender has taken back from a buyer who did not pay on the loan. They can be bought for significantly reduced prices, but not always. Also, the rule that you get what you pay for applies--many of them are in very bad shape.

A good buyer's agent can usually help a buyer get their best deal, and a patient one can help you find a bargain. If you also need financial assistance, we know where to find that too.
... more
0 votes 4 answers Share Flag
Sun Jun 1, 2008
Don Tepper answered:
What was presented to you at signing. Wasn't it the appraisal?

I'm not a lawyer, but at this point if you believe that you were presented with falsified information that led you to sell for less than you should have, probably your only recourse is a lawyer.

However, who paid for the appraisal? If you paid for the appraisal, then you deserve to have a copy of the appraisal. Contact the appraiser and ask for one.

And if you didn't pay for the appraisal, why not? Appraisals can be, um, nudged up or down a bit depending on the purpose of the appraisal and who's paying for them. Not necessarily a whole lot, and appraisers are, by and large, very ethical. But there generally is a bit of wiggle room. If the appraiser knew that his/her client was looking for a low appraisal, it wouldn't be suprising if the appraisal came back somewhat lower than if the appraiser knew the client was looking for a high appraisal.

So: If you paid for it, ask the appraiser. Check the documents you have; do you have a copy of the actual appraisal? If those suggestions don't work, contact a lawyer.

Hope that helps.
... more
0 votes 2 answers Share Flag
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