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home buyer: Old-School Rules to Follow When Home Buying in Allentown - 07/07/09 07:57 PM
The housing bust has has a huge impact on many Americans.  We are now finally starting to see a small improvement in real estate.  Home prices and buying incentives are encouraging bargain hunters. The stimulus plan offers first-time homebuyers a tax credit up to $8,000, and a refinancing program to help owners struggling with mortgages and an incentive to their lenders.
In order to avoid repeating our mistakes, here are a few old-school rules that you should follow as you prepare to buy your first home.
Save for a large down payment.  A large down payment of 15% to 20% will … (0 comments)

home buyer: Things You Should Not Do While House Hunting - 06/11/09 10:42 PM
There are several important things you need to remember when you are searching for a home.  First, you need to understand the importance of working with a realtor. You should never search for a home by yourself.  Not only is it unsafe, but you can end up looking at a lot of homes that don't even meet your criteria.  Using a realtor will allow you to find out the property details prior to scheduling a visit.
Don't rush.  Make sure you give yourself enough time, so you don't have to rush.  Don't plan something to do for two hours later after … (2 comments)

home buyer: How to Make a Lehigh Valley Buyer’s Market Work for You - 06/04/09 09:15 PM
The home supply is flooded while the demand to buy remains low.  This is the perfect time to purchase a home.  Buyers now have great bargaining power.  They can state their own terms and make them stick.  It is definitely a buyer's market and buyers need to make the best of it.  Since there are so many properties available, there is no longer the pressure to move on the first property.  Buyers should take their time and look.
Great deals are to be had on foreclosed properties and new construction.  There are a lot of foreclosed homes available for rock-bottom prices. … (0 comments)

home buyer: 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)

home buyer: Now is the Time to Upgrade Your Home - 05/19/09 08:21 PM
Existing homeowners may not be eligible for the $8,000 first-time home buyer tax credit, but they can take can take advantage of the current market by upgrading their home. Now is the time to purchase a new home that is bigger and better for less than they could have a couple of years ago.
This is the perfect time for any family that is looking to upgrade their home to one that is more suited to their current and future needs. Potential buyers can get more home for their money and have the ability to negotiate because of the excessive number … (6 comments)

home buyer: What Every New-Home Buyer Should Know - 05/05/09 08:57 PM
As a new homebuyer, it is important to take the time to do your research before starting the buying process. Taking the time to do a little homework can help you avoid making some critical mistakes. You should never assume that the home is in perfect condition just because it is new.
You need to get pre-approved for your loan prior to house-hunting. Take the time to shop with at least three lenders. By being pre-approved, you will be less likely to purchase a home that you are unable to afford. Also, remember that you are not obligated to spend the … (4 comments)

home buyer: 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)

home buyer: Things You Should Do When Negotiating to Buy a Home - 03/25/09 05:53 AM
You have found your dream home and are ready to make the purchase.  Before you start negotiating price, take the time to clearly understand how to successfully negotiate so that you get the home at the price you can afford.
To successfully negotiate the price you need to understand the seller.  You need to know what is motivating them to sell.  For example, if you find out the seller has already purchased another home; you may be able to negotiate the price for much less than the asking price.
Before making an offer find out what comparables in the neighborhood have … (1 comments)

home buyer: Pricing Your Home a Little Lower May Give It the Competitive Edge - 03/11/09 06:53 AM
The area of expertise all Americans have mastered is bargain hunting and bargain shopping. We have to, to survive. When we venture to the grocery store, we may purchase a can of house brand corn over the other brands; unless we are corn connoisseurs, and truly believe a certain brand tastes better, we are happy to salvage a few pennies.
Buying and selling a house is similar, though of lot more is at stake than in selecting vegetables. After buyers figure out what they want in a home, where they want to be located, and what the price range they want, … (16 comments)

 
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Don Wenner

Allentown, PA

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DLP Realty

Address: 701 W Broad Street , Suite 200 , Bethlehem , PA, 18018

Office Phone: (610) 421-4610

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