Real estate blog entries tagged with financing by Don Wenner (DLP Realty)

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Home : Blogs : Don Wenner : Don Wenners's Blog : Tag "financing"

financing: What You Should Know About Financing a Second Home - 07/17/09 06:26 AM

Within a short drive from the Lehigh Valley, there are beautiful homes in the mountains or by the shore that are great options for second homes or vacation homes. As tempting as having a weekend (or annual) retreat available is, buyers should do research before financing a second home. Make sure you crunch the numbers, so the purchase doesn't become your worst financial nightmare. Below are several tips that every buyer should review prior to purchasing their dream vacation home.
Use the equity in your first home or pre-tax funds form an IRA towards the purchase. This can help you avoid … (4 comments)

financing: How to Select a Good Bethlehem Neighborhood - 06/02/09 08:51 PM

Finding the right neighborhood can be challenging, but if you take the time to do your research, it is definitely not impossible. Before you begin your search for that perfect community, make sure you follow these 5 steps.
1. Take the time to analyze exactly what you need. Make a list with your absolute must-haves at the top and the would-like-to-haves at the bottom. Consider the type of home you want, how far you want to commute, and whether or not you want to move to a new development or an established neighborhood.
2. Determine exactly what area you want to live … (3 comments)

financing: The Pros and Cons of Seller Financing - 04/28/09 09:51 PM

The real estate marker has seen some major changes due to the impact of the economic downturn. Homebuyers are finding it more difficult to obtain financing, while sellers have become desperate to quickly sell their homes. These changes have caused many buyers and sellers to now consider having all or part of the purchase price of a home financed by the seller.
Seller financing is on the rise because many buyers can no longer qualify for affordable loans. Seller financing is appealing to owners because it makes their property more competitive in the market.
There are several advantages and disadvantages to … (0 comments)

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Don Wenner

Allentown, PA

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