Lori Ann Giovinco's Blog

Poconos COMPETITIVE ANALYSIS AND STRATEGIES

Lori Ann Giovinco (RE/MAX Crossroads) — Thu, 10 Dec 2009 09:12:08 -0800

Poconos COMPETITIVE ANALYSIS AND STRATEGIES

POCONO REAL ESTATE, POCONO MARKET UPDATE, POCONO STATISTICS, HOMES FOR SALE, EAST STROUDSBURG, STROUDSBURG, POCONO REALTORS, POCONO BROKERS

In years past Monroe County was considered one of the fastest growing counties in the Commonwealth of PA due to the influx of residents from bordering New Jersey and New York. This has drastically changed with the loss of employment for single and dual income homes, increase in gas prices and the overall economic decline being experienced throughout the northeast region.

The increase in actual mortgage defaults, as well as anticipated new mortgage defaults, has created an opportunity for real estate professionals with foreclosure and short sale experience.

While many news media providers have been portraying a “bleak” outlook for the real estate market, the focus for RE/MAX Crossroads has been that of exploring and taking advantage of the endless opportunities available to first time home buyers, relocate-es and investors on the buying side, and “Positive Options” for home sellers currently facing a legitimate hardship.

New construction has come to a virtual standstill. The issuance of new home permits has fallen by 95% since 2007.

The difficult facts are as follows:

o The number of homes sold has decreased 8.9% from 2008 to 2009o The average home price has declined on average 21.4% from Dec. 2007 to today.

The encouraging facts are as follows:
o Our primary competitors from 2005 experienced devastating losses. The “Top Heavy” corporate entities have all but “evaporated into thin air”:o The number of REALTORS practicing in the Pocono Mountain Association of Realtors (PMAR) has decreased a WHOPPING 33% over the past 4 years with an anticipated decline of an additional 10-12% by Feb 2010.o The average sold price has decrease only 12.2% in 2009 with many areas actually experiencing a stabilization and slight improvement
The “Who Moved My Cheese” strategy has been the success of RE/MAX Crossroads. Having multiple contingency plans in place BEFORE they were needed was and still is an effective way to remain solvent.

To remain a viable and productive Company in the local market, we have:

1. Renegotiated every single contractual and service related expense, from E&O insurance, to rent, to banking fees, while increasing our support and service to our Associates.

2. Maintained a strong presence in all advertising mediums and increased our exposure while the other brokerage companies have stopped marketing all together

3. Un-invited non-productive associates, while encouraging others to join our successful team.

4. We retain an “OPTIMISTIC & OPPORTUNISTIC” attitude throughout the office on a daily basis.

5. We educate ourselves and our clients with the latest up-to-the-minute lending options and market conditions, and do so in a positive manner.

6. We have developed strong long lasting relationships with Asset Mangers and banks to assist in the disposal of foreclosed properties.

7. We are the markets’ leading ‘Short Sale’ Broker and have mastered the process.

RE/MAX Crossroads is currently working with lenders such as Bank of America, Wells Fargo and other local Banks, to counsel and assist struggling homeowners in selling their homes using a ‘short sale’ option in an effort to avoid foreclosure. We feel this service is critical to the future of our market. Short Sales are very viable options for lenders and homeowners. The process strongly influences housing values. It also nets a much higher dollar amount to the lender and/or investor by decreasing legal fees, decreasing time on the market and decreasing loss of value to the assets caused by vacancy and vandalism.

While the average PMAR statistics show 12% of a brokers’ available inventory (listings) as “Under Contract” RE/MAX Crossroads boasts an impressive 19%! Additionally, the number of buyer sides controlled by RE/MAX Crossroads is significantly higher on average based upon the number of Associates. On average, a PMAR Agent currently has ½ buyer side pending. RE/MAX Crossroads Agents have an average of 2 buyers and 2 sellers pending at this time.

While the competition is reporting a decline in gross revenues for 2009, RE/MAX Crossroads is confident that our gross revenue will be at a company high for 2009.

We attribute this to our leading edge business planning, our astute awareness of the changing market conditions, and our ability to successfully adapt our business strategies to ensure a competitive advantage.

POCONO REAL ESTATE, POCONO MARKET UPDATE, POCONO STATISTICS, HOMES FOR SALE, EAST STROUDSBURG, STROUDSBURG, POCONO REALTORS, POCONO BROKERS

Our client satisfaction has been evidenced by the high number of personal and corporate referrals we have received. We believe in and practice our profession based upon the notion that successful people always deliver on what they promise....& then some. They can be counted on in every situation....& then some. We pride ourselves on going that extra step to provide our customers and clients with what they need and consistently exceed their expectations. We put the best interest of our customers and clients before our own. We are problem solvers, innovative thinkers and sincere in every effort we make to assist a customer or client through the process.

Poconos Real Estate: Foreclosure or ShortSale???

Lori Ann Giovinco (RE/MAX Crossroads) — Tue, 20 Oct 2009 11:32:06 -0700

Pocono Real Estate: Short Sale or Foreclosure???

Today’s Buyers need to know the difference between a Foreclosure and a Short Sale.

Get your foreclosure list here!!!

The BIGGEST difference can be TIME!

Foreclosures, while some may not be in the best of shape, can be purchased in a shorter amount

Short Sales Take TIME!! But are worth the WAIT! The opportunities are OUTSTANDING...Most owners are living in the home, taking care of the property and cooperating with the process.

Be prepared to wait 90 days to close....as a Short Sale approval is a sometimes multi layered process.

Click here to get free information on avoiding Foreclosures!!!

An $8000Taxcredit is the WRONG reason to Rush out an Buy a Home!

Lori Ann Giovinco (RE/MAX Crossroads) — Wed, 14 Oct 2009 12:26:26 -0700

An $8000 Tax credit is the WRONG reason to Rush out an Buy a Home!

Buying a home JUST to receive a Tax credit is not a very wise idea. You may find yourself at a disadvantage when negotiating the price or Terms as the “Clock is Ticking.”

You may end up “settling”, “paying more than your have too” or worse yet, closing on a home with “defects” by December 1 in order to get your Tax Rebate. Then after closing you will REGRET your decision!

Slow Down, Think it through and remember.....there is PLENTY of time ....Housing Affordability is the BEST it has been in over 20 YEARS!! And it is Getting BETTER!

Look for the House that makes Economical sense for Today and Tomorrow! Look at the “Carrying costs” like taxes, heat cost, and short term repair items before you make the commitment.

Save a few more dollars for your down payment and/ or closing costs. Research the BEST mortgage Products available, and don’t think you Can Not or Should NOT use an FHA Loan because your credit is TOO good or you have more than the required 3.5% down payment! Did you know you can put down MORE that the 3.5% and STILL take advantage of the flexible qualifying guidelines?? If you follow a few simple guidelines your Long term Tax Credit and Benefits will be FAR more than $8000!!

Search Homes here!!!

POCONO homes tax credit REMINDER!!!

Lori Ann Giovinco (RE/MAX Crossroads) — Wed, 16 Sep 2009 16:34:54 -0700

This information has been around for a while but I wanted to remind everyone that time is running out!!!

IF you are thinking of buying a home and are financially ready do not hesitate.

Search for homes here

Or have a list of foreclosures emailed to you.

This article is from the PMAR

POCONO REALTORS® BUYERS WHAT THEY NEED TO KNOW ABOUT 2009 TAX CREDIT

STROUDSBURG, Pa. -- (March 1, 2009) – In its ongoing effort to share current information on homeownership with area individuals, the Pocono Mountains Association of REALTORS (PMAR), is alerting first-time home buyers about the American Recovery and Reinvestment Act and the latest tax credits enacted within it as an incentive to purchase now.
            “This is an unprecedented time in history for the first-time homebuyer,” said Vickie Brockelman, chair of the Public Relations Committee of PMAR. “Firstly, there are many homes on the market giving buyers an edge, secondly, interest rates are super low and thirdly, in its efforts to stimulate the economy and revive the housing market, Congress enacted this $8,000 tax credit. This creates an excellent situation for first-time homebuyers to buy now.”
            The tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Qualifying taxpayers who buy a home before the deadline can claim the credit on either their 2008 or 2009 tax returns. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid, provided the home remains their main home for 36 months after the purchase date. They can claim 10 percent of the purchase price up to $8,000, or $4,000 for married individuals filing separately.
            According to the National Assocation of REALTORS, you are considered to be a first-time homebuyer if you, and your spouse if you are married, did not own any other main home during the three-year period ending on the date of purchase. In addition, there are some income limitations and other specifications to the bill, however, generally, each dollar of the tax credit reduces income taxes by $1. Therefore, a qualified purchaser would figure out their tax liability and once the total taxes owed has been computed, tax credits are applied to reduce the total tax bill. For example, a $9,500 total tax liability for the year would be reduced to $1,500 for a first-time buyer who purchased a home of $80,000 or more and fell within the income ranges of $75,000 for singles and $150,000 for those filing married. In addition, this tax is considered a refundable credit, so if the purchaser’s total tax liability was $6,000, the IRS would send them a check for $2,000.
            “If first-time buyers don’t act now, I suspect many will regret their hesitation in the future,” added Brockelman.
            To learn more about the tax credit and available homes, contact an area REALTOR® by visiting the PMAR Web site for a complete list of members at poconorealtors.com. For additional details for the tax credit, visit www.IRS.gov or www.realtor.org to review the FAQ document which outlines the tax credit and compares it against the 2008 tax credit as well as the tax credit features chart outlining the 10 provisions of the American Recovery and Reinvestment Act.

###

So what are you waiting for???

Search for homes here

Or have a list of foreclosures emailed to you.

POCONO MOUNTAIN COMMUNITiES/PROFILES

Lori Ann Giovinco (RE/MAX Crossroads) — Wed, 16 Sep 2009 15:52:53 -0700

POCONO MOUNTAIN REAL ESTATE

Search for homes here

Or have a list of foreclosures emailed to you.

Please keep this list as you look for a home. It will provide you with information for the communities within the Pocono Region.

Community Profiles and Websites

Abington Gardens Condo Association

Alpine Lakes (website)

Arrowhead Lake

Barton Glen

Beltzville Lake Estates (website)

Big Bass Lake ï¿½ (website)

Birch Brier Estates

The Birches West POA (website)

Birchwood Lakes

Blue Mountain Lake Clubï¿½ (website)

Blue Mountain Lake Reserve (website)

Brier Crest Woods

Buck Hill Falls (website)

Camelot Forest (website)

Cobble Creek Estates

Country Club of the Poconos (website)

Crescent Lake

Cranberry Creek Estates

Daniel Webster Condo Association

Estates at Castle Hill

Evergreen Lake Estates

Falls Community Association

Fawn Lake Forest ï¿½ (website)

Fawn Ridge Estates

Fieldstone Estates

Foxfire Condominium Assoc.

Glen at Tamiment, The ï¿½ (website)

Glenoak Forest

Gold Key Country Club

Greenwood Acres

Hallowood Acres Homes Assoc.

Hamlet, The (website)

Hemlock Farmsï¿½(website)

Hemlock Lake

Hickory Hills

Hickory Run Land

Hideout, The ï¿½ (website)

High Country Estates

High Mountain Estates

Holiday Pocono Civic Assoc.

Indian Lake

Indian Rocks POA

Indian Mountain Lakes ï¿½ (website)

Ken-Mar Acres

Kettle Creek Estates

Labar Village

Lake Harmony Estates ï¿½ (website)

Lake in the Clouds ï¿½ (website)

Lake Naomi Club Pocono Pines

Lake Naomi Club Timber Trails (website)

Lake of the Pines (website)

Lake View Estates Home Owners Assoc.

Laurel Woods Home Owners Association

Leisure Lands

Lenape Hills

Locust Lake Village (website)

Log Cabin Estates Section One

Maple Lane

Masthope Mountain Community (website)

Meadow Lake Park

Midlake on Big Boulder Lake (website)

Monroe Lakes

Mount Pocahontas (website)

Mountain Top Estates

Mushroom Farms

Northpark Estates

Northridge at Camelback

Northslope III Owners Association (website)

Oakridge Estates

Paradise Point

Penn Estates (website)

Pine Ridge Community Assoc. (website)

Pleasant Valley Estates

Pleasant Valley West

Pleasant View Lake

Pocono Country Place

Pocono Farms East (website)

Pocono Farms Country Club

Pocono Forested Acres

Pocono Haven POA

Pocono Heights Owners Club

Pocono Hemlock Civic Assoc.

Pocono Highland Community Association (Poc)

Pocono Highland Lake Estates Middle Smithfield/Price

Pocono Laurel Lake

Pocono Mountain Cliffside Civic

Pocono Mountain Lake Assoc.

Pocono Mountain Lake Estates (Sec 1,2,3&4) (website)

Pocono Mountain Lake Estates (Sec 5,6&7)

Pocono Mt. Lake Forest

Pocono Mountain Woodland Lakes ï¿½ (website)

Pocono Ranchlands ï¿½ (website)

Pocono Springs Civic Assoc ï¿½ (website)

Pocono Wild Haven

Pocono Woodland (Pike)

Promised Land Heights

Riverside Estates (website)

Robin Hood Lakes

Robinwood Village

Saw Creek Estates (website)

Shawnee Valley

Sierra View - Chestnuthill/Tunkhannock Twp

Sleepy Hollow Estates

Snow Ridge Community Trust (website)

Snowshoe Condo

Spruce Hill Farms POA

Stillwater Estates POA

Stillwater Lakes Civic Association

Stonecrest Park

Stones Throw

Stone Row

Summit Pointe Condo Association

Sun Valley

Sunset Estates LOA

The Estates @ Great Bear

The Falls at Saw Creek

The Glen (website)

The Masters at Great Bear

The Oaks Property Owners Assn.

The Woodlands

Timber Hill Community Assoc.

Timber Trails (website)

Tink Wig Mountain Lake Estates ï¿½ (website)

Towamensing Trails

Traces of Lattimore Community (website)

Woodlands Cranberry Assoc.

Wyndham Hills

Search for homes here

Or have a list of foreclosures emailed to you.

Pocono Mountain Communities

POCONO MOUNTAIN COMMUNITES/PROFILES

Lori Ann Giovinco (RE/MAX Crossroads) — Wed, 16 Sep 2009 15:50:52 -0700

POCONO MOUNTAIN REAL ESTATE

Search for homes here

Or have a list of foreclosures emailed to you.

Please keep this list as you look for a home. It will provide you with information for the communities within the Pocono Region.

Community Profiles and Websites

Abington Gardens Condo Association

Alpine Lakes (website)

Arrowhead Lake

Barton Glen

Beltzville Lake Estates (website)

Big Bass Lake ï¿½ (website)

Birch Brier Estates

The Birches West POA (website)

Birchwood Lakes

Blue Mountain Lake Clubï¿½ (website)

Blue Mountain Lake Reserve (website)

Brier Crest Woods

Buck Hill Falls (website)

Camelot Forest (website)

Cobble Creek Estates

Country Club of the Poconos (website)

Crescent Lake

Cranberry Creek Estates

Daniel Webster Condo Association

Estates at Castle Hill

Evergreen Lake Estates

Falls Community Association

Fawn Lake Forest ï¿½ (website)

Fawn Ridge Estates

Fieldstone Estates

Foxfire Condominium Assoc.

Glen at Tamiment, The ï¿½ (website)

Glenoak Forest

Gold Key Country Club

Greenwood Acres

Hallowood Acres Homes Assoc.

Hamlet, The (website)

Hemlock Farmsï¿½(website)

Hemlock Lake

Hickory Hills

Hickory Run Land

Hideout, The ï¿½ (website)

High Country Estates

High Mountain Estates

Holiday Pocono Civic Assoc.

Indian Lake

Indian Rocks POA

Indian Mountain Lakes ï¿½ (website)

Ken-Mar Acres

Kettle Creek Estates

Labar Village

Lake Harmony Estates ï¿½ (website)

Lake in the Clouds ï¿½ (website)

Lake Naomi Club Pocono Pines

Lake Naomi Club Timber Trails (website)

Lake of the Pines (website)

Lake View Estates Home Owners Assoc.

Laurel Woods Home Owners Association

Leisure Lands

Lenape Hills

Locust Lake Village (website)

Log Cabin Estates Section One

Maple Lane

Masthope Mountain Community (website)

Meadow Lake Park

Midlake on Big Boulder Lake (website)

Monroe Lakes

Mount Pocahontas (website)

Mountain Top Estates

Mushroom Farms

Northpark Estates

Northridge at Camelback

Northslope III Owners Association (website)

Oakridge Estates

Paradise Point

Penn Estates (website)

Pine Ridge Community Assoc. (website)

Pleasant Valley Estates

Pleasant Valley West

Pleasant View Lake

Pocono Country Place

Pocono Farms East (website)

Pocono Farms Country Club

Pocono Forested Acres

Pocono Haven POA

Pocono Heights Owners Club

Pocono Hemlock Civic Assoc.

Pocono Highland Community Association (Poc)

Pocono Highland Lake Estates Middle Smithfield/Price

Pocono Laurel Lake

Pocono Mountain Cliffside Civic

Pocono Mountain Lake Assoc.

Pocono Mountain Lake Estates (Sec 1,2,3&4) (website)

Pocono Mountain Lake Estates (Sec 5,6&7)

Pocono Mt. Lake Forest

Pocono Mountain Woodland Lakes ï¿½ (website)

Pocono Ranchlands ï¿½ (website)

Pocono Springs Civic Assoc ï¿½ (website)

Pocono Wild Haven

Pocono Woodland (Pike)

Promised Land Heights

Riverside Estates (website)

Robin Hood Lakes

Robinwood Village

Saw Creek Estates (website)

Shawnee Valley

Sierra View - Chestnuthill/Tunkhannock Twp

Sleepy Hollow Estates

Snow Ridge Community Trust (website)

Snowshoe Condo

Spruce Hill Farms POA

Stillwater Estates POA

Stillwater Lakes Civic Association

Stonecrest Park

Stones Throw

Stone Row

Summit Pointe Condo Association

Sun Valley

Sunset Estates LOA

The Estates @ Great Bear

The Falls at Saw Creek

The Glen (website)

The Masters at Great Bear

The Oaks Property Owners Assn.

The Woodlands

Timber Hill Community Assoc.

Timber Trails (website)

Tink Wig Mountain Lake Estates ï¿½ (website)

Towamensing Trails

Traces of Lattimore Community (website)

Woodlands Cranberry Assoc.

Wyndham Hills

Search for homes here

Or have a list of foreclosures emailed to you.

Pocono Mountain Communities

POCONO Real Estate Market

Lori Ann Giovinco (RE/MAX Crossroads) — Mon, 14 Sep 2009 15:06:16 -0700

Poconos Real Estate Market Report

Search for homes here

Or have a list of foreclosures emailed to you.

New Listings Active Listings Sold Listings Months Inventory

Aug/2009	1,009	6,778	285	23.78
Jul/2009	1,070	6,681	279	23.95
Jun/2009	1,054	6,579	266	24.73
May/2009	1,111	6,299	253	24.90
Apr/2009	1,168	6,047	218	27.74
Mar/2009	1,055	5,772	222	26.00
Feb/2009	860	5,710	152	37.57
Jan/2009	937	5,772	143	40.36
Dec/2008	530	6,180	231	26.75
Nov/2008	680	6,544	231	28.33
Oct/2008	839	6,885	288	23.91
Sep/2008	915	7,017	257	27.30
Aug/2008	966	7,195	316	22.77
Jul/2008	1,086	7,112	270	26.34
Jun/2008	1,152	6,974	313	22.28
May/2008	1,278	6,670	289	23.08
Apr/2008	1,292	6,390	260	24.58
Mar/2008	1,182	6,041	251	24.07
Feb/2008	909	5,944	226	26.30
Jan/2008	1,150	5,847	236	24.78
Dec/2007	595	6,189	320	19.34
Nov/2007	866	6,479	360	18.00
Oct/2007	1,164	6,668	384	17.36
Sep/2007	1,100	6,724	301	22.34

Information is deemed to be reliable, but is not guaranteed. See copyright notice.

Prepared by RMCR - RE/MAX Crossroads on Monday, September 14, 2009 4:02 PM

Poconos Real estate Market

East Stroudsburg Homes

Lori Ann Giovinco (RE/MAX Crossroads) — Tue, 25 Aug 2009 15:06:48 -0700

Penn States

Rare Find

CLICK HERE FOR MORE INFO OR MORE INFO

East Stroudsburg Homes for Sale

Bushkill Real Estate Homes for Sale

Lori Ann Giovinco (RE/MAX Crossroads) — Tue, 25 Aug 2009 14:57:46 -0700

Click HERE for more information or more homes!

Bushkill Real Estate Homes for Sale

East Stroudsburg Real Estate For Sale

Lori Ann Giovinco (RE/MAX Crossroads) — Tue, 25 Aug 2009 14:44:24 -0700

CLICK HERE FOR MORE INFO

East Stroudsburg Real Estate For Sale

Lori Ann Giovinco (RE/MAX Crossroads) — Tue, 25 Aug 2009 14:22:09 -0700

East Stroudsburg Real Estate For Sale

CLICK HERE TO FIND OUT MORE OR FOR MORE HOMES

Stroudsburg Real Estate for Sale

Lori Ann Giovinco (RE/MAX Crossroads) — Tue, 25 Aug 2009 14:18:36 -0700

Stroudsburg Real Estate for Sale

CLICK HERE TO SEARCH THE MLS FOR MORE HOMES

Stroudsburg, pa Real Estate for Sale

Lori Ann Giovinco (RE/MAX Crossroads) — Tue, 25 Aug 2009 11:35:06 -0700

Take your time to review this current list of homes for sale in Stroudsburg, PA. And please refer back as it will be updated as new listings come out for that area. To search mls please fill out form below and let us know how we can help.

REMAX CROSSROADS MLS Search Stroudsburg, PA Real Estate

Stroudsburg Homes For Sale

Lori Ann Giovinco (RE/MAX Crossroads) — Mon, 24 Aug 2009 15:52:59 -0700

Stroudsburg Homes For Sale

CLICK HERE TO SEARCH THE MLS

Stroudsburg Homes For Sale

East Stroudsburg Homes for Sale

Lori Ann Giovinco (RE/MAX Crossroads) — Mon, 24 Aug 2009 15:39:31 -0700

East Stroudsburg Homes for Sale

CLICK HERE TO SEARCH THE MLS

East Stroudsburg Homes for Sale

Effort Homes for Sale

Lori Ann Giovinco (RE/MAX Crossroads) — Sat, 22 Aug 2009 11:25:57 -0700

Great Price, Lots of Space, Excellent Condition EFFORT PA

CLICK HERE TO SEARCH THE MLS

Effort Homes for Sale

homes for sale in the poconos

Lori Ann Giovinco (RE/MAX Crossroads) — Wed, 12 Nov 2008 16:04:00 -0800

Homes for Sale in the Poconos

Click Icon below if you want to search for what great deals are available in this Market!!!

It is a great time to buy in the Poconos! IF you can get a

mortgage!!

What Month October has been for Home Buyers trying

to secure financing!

The words…”Frustrating” …”Hopeless”….”Painful”

“HOMELESS” have been used by

Many buyers lately.

Why is it that we have a Mortgage Approval BUT can’t

get a clear to close?

Why does my Loan Officer keep changing the

requirements?

Why do I have to bring More Money to closing?

Why is the Mortgage Insurance payment SO HIGH!!!

Points?? I don’t want to pay Points??

Why do I feel like I was LIED TO?!!!

Hard Questions to face. Harder Answers to Accept!

My experience has shown that the root of many of these

frustrations lies 1^st in the choice

of loan officer and 2nd the Broker, Banker or Bank

they work for.

Confused? Join the club! Many buyers do not

understand the differences.

Let me try to explain….

The “Loan Officer” or LO for short is the order taker.

The person who gathers the

Information for your loan and the one who initially

gives you the details you need to

make a decision. The person you believe is an expert

and is the ultimate decision maker.

Problem is many LO’s have no control over the final

outcome of the process. They are

not the decision maker, they WORK for the person who

works for the person who works

for the person who makes the final decision. There are

many hands in the process, many

layers of approval, a system of check and balances..or so

we thought.

If the person taking your mortgage application can not

answer this simple question “Who

is funding this loan at closing” you may wish to

reconsider your choice.

Rather than ask what the Interest Rate is going to

be…ask “How Much is this loan going

to COST me?? Up front and IN MY MONTHLY

PAYMENT?”

Pretty simple questions right? Not Necessarily……………

The Loan Officer sends the paperwork to a processor

who then gathers more information

including and appraisal and title insurance binder.

Once the entire file is bulging at the

seams it goes to an “underwriter” for approval. THEN

if you have less that 20% down on

for purchase the entire “package” goes through another

approval process..MORTGAGE

INSURANCE APPROVAL!

So you see the Loan officer is the 1^st person in the

process, but never the FINAL decision

maker!

Now if you go directly to a Bank or Credit Union, you

may be “cutting out the middle

man” and saving a step or two in the process, BUT they

can be stricter with their

guidelines. If you have good credit they are a good

choice..especially LOCAL lenders

and those who do NOT sell their loans to the secondary

market.

So before you start shopping for a well priced home, get

connected with a lender who can

Answer your questions and provide you with a solid

mortgage.

Remember you wish to own your home NOT have your

home own YOU!

Do not forget to start looking for you next home.

Homes for sale in the Poconos

click here

Homes for sale in the Poconos

stroudsburg homes for sale

Lori Ann Giovinco (RE/MAX Crossroads) — Fri, 07 Nov 2008 18:24:50 -0800

Stroudsburg homes for sale.

To search for more homes in the Poconos click HERE!!!

497 STOKES AVE, Stroudsburg, PA 18360
List #08-9726

GREAT LOCATION IN STROUD TOWNSHIP. 2 FAMILY HOME PERFECT FOR INVESTORS OR OWNER OCCUPIED INCOME PRODUCER. JUST UNDER 3/4 ACRES WITH PLENTY OF PARKING. CURRENT 2ND FLOOR TENANT PAY $715 PER MONTH!!! Stroudsburg Homes For Sale....

Listing & Location Information

County	Monroe County	Municipality/ Twnshp	0123 - Stroud Township
Tax ID Number	17-7301-06-28-5948	Deed Book/Page	404-36
General Zoning	Resi	School District	102 - Stroudsburg Area

Property Information

Property Type	Multi-Family	Type of Ownership	Fee Simple
Book Section	Multi-Family	Realtor.com Type	Multi-Family
Year Built	1947	Total SqFt.	2,000
Number of Buildings	1	Bsmt	Y
# Parking Spaces	10	Stories	2
Total Acres	0.67

Directions & Remarks

Fore	N
Directions	FROM ROUTE 447 TO STOKES AVE HOME ON CORNER OF COTTONTAIL AND STOKES AVE FROM ROUTE 191 TO STOKES AVE. HOME ON RIGHT. CORNER OF COTTONTAIL. stroudsburg homes for sale

Financial Information

County Assessment	24,040	Cnty&Muni Taxes	637.06
School Taxes	3,299.49	Total Taxes	3,960.59

Office Information

Status

Active

List Price

289,000

Details

Miscellaneous:	Cert of Occ Req'd: No; Zoning Code: R2; 1st Right of Refusal: N
Total Units :	2 Bedroom; 3 Bedroom; Total Units: 2
Kitchen :	SemiMod
Bathrooms :	SemiMod
Exterior :	Vinyl; Other - See Remarks
Roof :	Shingled
Heating :	HotWater; Oil
Cooling :	None
Hot Water:	Electric
Water :	Public
Sewer :	Public
Utility Billing :	Separate Electric
Road :	Paved; Public
Financial Info:	Net Income

Financing :	Conventional
Possession :	Settlement
Unit 1:	Unit #: 1; Floor #: 1; SqFt: 1,250; # Rooms: 5; # Beds: 3; # Baths: 1; Appliances: RANGE, REFRIGERATOR; Occupied: Y
Unit 2:	Unit #: 2; Floor #: 2; SqFt: 850; Rent/Mo: 715; # Rooms: 4; # Beds: 2; # Baths: 1; Appliances: REFIRGERATOR, RANGE; Occupied: Y
Unit 3:	SqFt: 0
Unit 4:	SqFt: 0
Unit 5:	SqFt: 0
Unit 6:	SqFt: 0
Unit 7:	SqFt: 0

stroudsburg homes for sale

BUSHKILL HOMES FOR SALE

Lori Ann Giovinco (RE/MAX Crossroads) — Fri, 07 Nov 2008 18:15:17 -0800

Bushkill homes for sale.

To search for more homes in the Poconos click HERE!!!

42 Falls Road, Bushkill, PA 18301
List #08-3574

Why wait to build when this i ready for you to move in with many upgrades!!! Granite kitchen countertops with cherry cabinets , Hardwood Floors.....A Must SEE... Bushkill home for sale...

Listing & Location Information

County	Pike County	Municipality/ Twnshp	0301 - Lehman Township
List Price	197,500	Location/ Developmnt	Pine Ridge
Tax ID Number	193.04-01-43	Deed Book/Page	2207/R573
General Zoning	Resi	School District	303 - East Stroudsburg Area - Pike

Property Information

Property Type	Residential	Type of Ownership	Fee Simple w/HOA
Book Section	Residential	Realtor.com Type	Residential - Single Family
Year Built	2007	Year Built Qualifier	Actual
SqFt Above Grade Fin	1,550	SqFt Below Grade Fin	0
SqFt Below Grade Unf	800	SqFt Above Grade Unf	0
Total SqFt Finished	1,550	Total SqFt.	2,350
Total Bed Rms	3	Total Full Baths	2
Total Half Baths	1	Total All Baths	3
Stories	2	Total Rms	8
Bsmt	Y	Frpl	Y
Fam Rm	Y	Gar	Y
Gar #Cars	1	Total Acres	0.68

Directions & Remarks

Fore	N
Directions	From main gate up to the top of the hill left on Pocono Blvd right on Falls road home is on the right. bushkill homes for sale

Financial Information

County Assessment	27,770	Cnty&Muni Taxes	532.35
School Taxes	3,203.26	Total Taxes	3,735.62

Office Information

Status

Active

Details

Lot Description :	Cleared
Outside Features :	Deck
Road :	Paved; Private
Parking :	1 Car; Attached
Exterior :	Vinyl
Inside Features :	Cable TV; Center Hall Foyer; Fam Room 1st Level; M Bdrm w/Full Bath; Walk in Closet
Roof :	Asphalt/Fiberglas
Insulation :	Unknown
Foundation Type:	Partial Basement
Fndtn/Bsmt Features:	Outside Entrance
Floors :	Ceramic; Wall to wall Carpet
Fireplace Desc.:	Family Room
Eating Area :	Modern Kitchen
Baths :	1 Lav Lev 1; 2 Bath Lev 2

Water :	Comm Central
Heating :	Electric
HW Hot Water :	Electric
Cooling :	Central AC
Waste :	On-Site
Financing :	Cash; Conventional
Possession :	Settlement
Appliances :	Dishwasher; Gas Oven/Range; Refrigerator
Miscellaneous :	HOA Fee: Y; HOA Fee/Year: 550; HOA Transfer Fee: Y; HOA Transfer Fee Amt: 480; 1st Right of Refusal: N; Zoning Code: RES
Type :	Detached
Style :	Colonial
Community Amenities :	Outdoor Pool; Road Maintenance; Security; Security-24/7 Gated; Lake(s)

Room Name	Room Level	Dimensions	Room Remarks
Master Bedroom	2	13 x 15	Walk-In Closet
Master Bath	2	8 x 5
Bedroom 2	2	12 x 12
Bedroom 3	2	12 x 11
Main Bathroom	2	8 x 5

bushkill homes for sale

East Stroudsburg Short Sales

Lori Ann Giovinco (RE/MAX Crossroads) — Fri, 07 Nov 2008 17:51:20 -0800

East Stroudsburg Short Sales

Information for Buyers and Seller's

If you are interested in Homes in the Poconos please start your search

HERE!!!!!

“Short Sale” requests are on the rise here in the Poconos!

· What is a short sale?

· Who is qualified?

· How does it work?

· What is the Benefit?

Great questions …. with no set answers. A short sale is typically an agreement between a lender and homeowner, where the lender agrees to accept a payoff of the existing mortgage that is LESS than the current amount owed by the homeowner.

However, homeowners should not believe for a moment that it is a quick easy solution to recovering their loss in equity. Typically, the homeowner, through “no fault of their own, is unable to pay their mortgage, is in default of the loan agreement and in risk of foreclosure proceedings.

In other words, the homeowner needs to prove hardship, such as loss of job, illness, divorce and so on. If they are able to pay their mortgage, they will have a hard time qualifying for a short sale.

The process is long and sometimes frustrating as the bureaucratic red tape on the lenders end can seem endless.

Contrary to popular belief the home must be sold at or close to “current fair market value” which will be verified by appraisal. So investors who believe they are getting the home “far below market value” may be surprised to learn that this is not the case.

So why would any homeowner agree to go this route?

My experience shows that most homeowners believe it is the “right thing to do!” They want to preserve some dignity and credit as well. They want the phone calls and letters to stop, they want to get on with their lives without the fear of having the sheriff knock on the door ordering them to leave now!

Losing a home to foreclosure is more than just a financial loss, it has a very negative emotional and physical effect on the entire household.

While homeowners will receive no money at closing, they also don’t typically need to sign a repayment agreement for the ‘balance owed’ .

Call for information on East Stroudsburg Short Sales

Emotionally, they have SOLD their home, NOT lost it to foreclosure! It provides the homeowner some control over the timing of their move versus a sudden disappearance in the middle of the night.

So what kind of Real Estate Professional would be helpful?

The most important thing is to choose a Real Estate Professional who has worked with several homeowners under these conditions. An agent who understands the ins and outs of the process. One who has the time and patience to deal with the lender(s). An Agent who truly knows what the current “Fair Market Value” is.

As I mentioned before, it is not a “quick and easy” solution. It is time consuming.

Many people ask me “Why do you spend so much time working a Short Sale?”

To preserve market values.

That’ right “PRESERVE values!”

Experience shows that the price a “short sale” home sells for is greater than the price a foreclosed home sells for!

Most homes that have been foreclosed on in our “Pocono Market” need repairs. They have been abandoned. Some have been vandalized. During the winter months, many experience frozen pipes. Overall, the value declines rapidly between the time the homeowner leave and the Lender takes over.

Overall the process is time consuming and requires patience along with quite a bit of expertise, but the benefits of a “Short Sale” are far reaching.

East Stroudsburg Short Sales