Buyers Category

Open House – 1933 League Street

Philadelphia homes for sale new construction in graduate hospital open this sunday 3/9 from 12-2 Are you looking for a new construction home in Graduate Hospital under $500,000 with garage parking?  These three story new construction homes on the 1900 block of League Street are listed for $489,000 & come with a garage, roof deck, tax abatement & an open modern floor plan.  This is the best value in Graduate Hospital right now. See Other Work By the Builder 1210-1214 N. Orianna Street 174 Carson Street Manayunk Heights 1007 Reese...Continue Reading!

Open House – 1323 E. Hewson Street

Philadelphia homes for sale new construction in fishtown open this saturday 3/8 from 11-1 Are you looking for a new construction home in Fishtown on a great block?  1323 E. Hewson Street is a 3 story new construction home with an open modern floor plan, finished basement, roof deck, 3 bedrooms, 3 bathrooms, 2 half bathrooms, back patio, tax abatement & a wet bar in the master suite in an awesome neighborhood.  Proudly listed at $424,900. See Other Work By This Builder 711 Mole Street Philadelphia PA...Continue Reading!

Buyer Advice: Start With This Checklist

Philadelphia homes for sale Buying a Home in Philadelphia?  Let This Checklist Help Jumpstart the Process We've been around the (metaphorical) home buying block quite a few times.  This checklist is a great starting point if you are feeling overwhelmed & unsure where to start. 1. Hire an Agent Your real estate agent is not just there to show you properties.  A good agent knows Philadelphia, knows the different neighborhoods & will be able to educate you on the whole process from start to finish.  They will...Continue Reading!

6 Ways to Help Your Agent Find Your Dream Home

Philadelphia homes for sale Sharing Information is Crucial So You Are On the Same Page Your agent is there to guide you through what can be a very emotional process & you want to be on the same page.  The more information you provide spelling out what you need, what you want, how you live, where you want to live & your financial situation the better geared your searches are to you. 1.  Envision How You Live in Your Home Who lives with you & what kind...Continue Reading!

FHA Loan Limit to Drop Over $37,000 January 1st, 2014

Philadelphia homes for sale FHA Loan Limits Lowered From $417,000 to $379,500 Planning on buying a home?  Find out if the change in FHA loan limits will effect you. What is an FHA loan? An FHA loan is a loan is that is INSURED (not directly funded) by the Federal Housing Agency & issued to a borrower through federally qualified lenders. Historically this type of loan has less stringent requirements on the borrower including lower acceptable credit scores. Minimum down payment is 3.5%. Seller assist up to 6% of the...Continue Reading!

What Do Buyers Want in 2013? They Want to Be Able to Walk.

Philadelphia homes for sale 60% of Buyers Want a Walkable Neighborhood:  Philly Ranks #4 Nationwide What buyers want according to a Community Preference Survey by the National Association of Realtors: 60% favor neighborhoods with walkable features & shorter commutes 78% said the neighborhood is more important than the size of the home 57% would prefer a shorter commute to work over a large yard 55% would prefer being able to walk to schools, restaurants & stores over a large yard According to Walk Score Philly Ranks #4 Nationwide of Walkable...Continue Reading!

Thinking of Buying a Home in Philadelphia But Mortgage Rate News Got You Down?

Philadelphia homes for sale We Are Still at Historic Lows...Don't Believe Me...Check the Graph Interest rates are clocking in at about 5% (depends on a lot of factors).  Which seems high compared to the ridiculously low 3%-3.5% we were seeing.  If you look historically, it is still very low. It's still a good time to buy & the fall market is a great time for buyers!  Contact us if you were thinking of purchasing a home.  We can help put you in touch with the right...Continue Reading!

Three Benefits for Fall Buyers

Philadelphia homes for sale Buying a Home in Philadelphia Can Bring Benefits If You Wait Until Autumn Autumn is nowhere near as busy as Spring & with the beautiful weather that Philadelphia treats us to the hunting process can be that much better. 1. Less People Looking Means Less Competition Many people choose to put a home under contract in the Spring.  We find May, June & the beginning of July are the busiest closing months.  With less buyers out & about there is less of a...Continue Reading!

Planning on Buying a Home in Philly in 2013?

Philadelphia homes for sale Must Read Mortgage Advice... We help lots of people buy & sell homes.  We have seen the frustration first hand.  It is much more difficult today to obtain a loan than it was 5 or 6 years ago. We encourage ALL of our clients to read this Forbes article called "The Perfect Loan File".   It is the best thing to read so you understand WHY you are being asked over & over again for what seems to be the same thing...Continue Reading!

Why Buying a Condo Can Be Tricky

Philadelphia homes for sale Let's Set Some Expectations Up Front Buying a condominium in Philadelphia in 2013 can be more difficult if you are financing the purchase.  Many lenders will have more stringent requirements on both the borrower & the building.  It's important as a buyer to be aware of these issues up front so you & your agent can work together to make your transaction as smooth as it can be.  This is where it helps to hire an experienced agent. Requirements on the Borrower Borrower has...Continue Reading!