Streamline the Buying Process

Philadelphia homes for sale 5 ways you can make buying a home easier Daylight savings is this weekend. Which means so many showings! Get yourself prepared. Home buying doesn't need to be stressful. Get prepared, stay organized & hire a Realtor you trust. 1. get pre approved You NEED to know your finances before you go out to look at homes. You need to understand down payments, mortgage programs & your price point. Here are 12 things to do & not to do when you are getting a mortgage. 2. sit down with your...Continue Reading!

Breaking Down The Tax Abatement

Philadelphia homes for sale an in depth look at how the tax abatement works for new construction or a complete renovation We originally wrote about this back in February of 2013, however, it is a question we hear over & over again from our clients. I thought that I could clarify further by using a few websites maintained by the city that are, in a very un-Philly fashion, quite clear & easy to use. You just need to know where to go. what exactly is a tax...Continue Reading!

New Listing: 1321 S. 16th Street

Philadelphia homes for sale luxurious new construction in the 'breeze Point Breeze that is. Check out this home. Great floor plan, fabulous finishes, master suite wet bar & an enormous roof deck to boot. 1321 s. 16th street details: $350,000 3 bedrooms/3 bathrooms 2,450 square feet (250 sf below grade in the finished basement) $123 annual taxes Huge roof deck with speakers & surround sound Comprehensive tech package with alarm & video surveillance Full finished basement 10 year tax abatement search more homes in 19146: [DispletListing listings="yes" price_navigation_prices="400,500" minListPrice="300" maxListPrice="600" zip="19146" property_type="Rowtownhouse,SemiDetached"]  Continue Reading!

3% Down Conventional Mortgage Are Back

Philadelphia homes for sale super low down payments no longer confined to the fha 3.5% down program The most major difference between a 3.5% down FHA loan & a 3% down Conventional loan lies with that pesky little thing called mortgage insurance. Any borrower putting down less than 20% is on the hook for mortgage insurance (called MIP for FHA & PMI for Conventional borrowers). Here's the kicker, when a conventional borrower reaches the 20%-22% equity in their home (by way of a current appraisal) they are...Continue Reading!

New Listing in Fishtown: 1112 E. Susquehanna Avenue

Philadelphia homes for sale charming townhome in a great location in fishtown Oh Fishtown we love you so much. We love this charming townhome even more. This home is priced well & is the perfect starter home for a first time home buyer. There are many of the original features intact, like the vestibule entry way & the refinished random width yellow pine floors but has been completely renovated so you don't have to do a thing except move in & add your own personal...Continue Reading!

Does Owning a Home Impact Your Net Worth?

Philadelphia homes for sale according to a recent study be the Fed the answer is yes A few rough years & a sluggish recovery has many people questioning whether buying a home is a good move in the long run. Philadelphia is seeing this effect in real life. We are adding more renters than homeowners & construction on multi family units is way up. An interesting excerpt from an article on Salon.com which talks about how America is SO over homeownership with a focus on Philadelphia. "In the...Continue Reading!

New Listing: 1264 N. Dover Street

Philadelphia homes for sale completely renovated home on a great block in brewerytown! Everyone says Brewerytown is booming!  Get in ground floor with these completely renovated home with a modern look fresh on the market for under $175,000! Perfect for a first time homebuyer. First time home buyers should check out our write up on rent vs. buy & plug some numbers into the calculator. You just may find that buying is more affordable! 1264 n. dover street details: $169,000 3 beds/1 full bath/1 half bath 1,000 square foot $449 annual taxes Hardwood...Continue Reading!

Clearing Up The “Sellers Assist”

Philadelphia homes for sale major misnomer: a confusing term that should probably be renamed A sellers assist is a great financial tool for buyers to save money up front by being able to put less money down at closing for the purchase of their new home. A buyer may have a number of reasons for using the sellers assist; they may be short the cash needed to close or they want to use the funds for improvements to the home or they want to keep the money...Continue Reading!

5 Things You Need To Know BEFORE You Buy That Condo

Philadelphia homes for sale a little investigative work can save you a lot of trouble Condos are the perfect choice for the buyer that doesn't want to deal with the exterior maintenance that comes along with buying a single family home.  Condos are great for first time home buyers just getting their feet wet in home ownership, people who want to downsize or those who work or travel a lot.  Since shared living space also means sharing the cost of maintenance & improvement as well as delegating some major decisions to a...Continue Reading!

3 Home Inspection Items To Not Freak Out Over

Philadelphia homes for sale you found your dream home:  don't let these common items kill the deal No first time home buyer forgets their first home inspection.  All the critiquing, advice & jargon being thrown around can be really overwhelming.  It can be difficult to extract the not so big items from the things that are big.  Remember, no home is perfect & this is your opportunity to do your homework so you can negotiate with the sellers for necessary repairs or credits.  Now, some...Continue Reading!