Heritage Creek Condos at Knox Court offer maintenance free living. There are several floor plans.Some of the units have garages. There are 4 homes for sale right now.The association fees cover lawn care,snow removal and outside mainetenance of common areas.

The lowest price is $215,000 for a 2 bedroom,2 baths condo. The taxes are listed at $4129 . It is 8 years old .There is a 2 bedroom unit with family room listed at $245,000

There is 1 home pending settlement It was listed for $219,900.

There have been 3 sales in 2011. they were on the market for an average of 102 days and average sale price was $202,500..One sale was a one bedroom condo that sold for $140,000 and the other were 2 bedroom units , one sold for $215,000 and another for $252,500

People love to live in Heritage Creek because of the 15000 sq ft clubhosue with indoor pool,sauna,whirlpool,exercise room,billiards room. craft room,banquet hall and also outdoor pool, tennis courts,bocce courts and all the activities.

If you would like to buy a home in Heritage Creek call Gita Bantwal at Re/Max Centre 2153438200x124 or 2152758491 direct.

 

 Tips for Investors looking to invest in Real Estate

This   is a good time to invest in Real Estate. Prices are low and rents are increasing in many parts of the country. There is great demand for rentals. There are also opportunities to buy fixer uppers and foreclosures , fix them up and flip them. If you have been thinking of investing in Real Estate first decide whether you want to flip it or hold on to it and that will determine your strategy.

FINANCING

First determine how much cash is available for the investment. This should cover down payment, closing costs and repairs as well as vacancy. You can buy a property that is already rented but remember that when the tenant moves out there will be vacancy. It may take a few days to get the property painted and ready for next tenant. If you are going to hire a management company to find the tenant, you have to pay them a fee. Once you find   tenant you can either manage the property your self or you can hire a property management company.

 

Talk to a lender and see how much you qualify for and the down payment required. If you are looking to buy fixer uppers you should look for lenders who will finance fixer uppers. Not all lenders finance homes that need a lot of work. 

Talk to an accountant for tax implications and tax benefits.

FINDING THE RIGHT AGENT.

Work with a Buyer's agent who will help you locate properties in areas where there is great demand for rentals.

FINDING THE RIGHT MANAGEMENT COMPANY

The agent who helps you when buying the property may not be managing properties. You should interview Management companies and read the terms of their contract and choose based on references.

Have a Good Handyman. 

It is important to have a good handyman . Tenants usually call for minor problems.They may have lived in apartment complexes where they have on site management.

Have Service Contract or Home warranty

You should have service contract on Heater/ Airconditioners or have a Home warranty. You can look up home warranty companies on the internet.

If you are looking to buy investment properties in Bucks and Montgomery counties call Gita Bantwal at Re/Max Centre Realtors 215-343-8200x124 or direct 2152758491

Hilltown   township, Bucks County, Real estate market report, January 2012

I looked up the mls for real estate activity in Hilltown township in January 2012.

I looked for residential listings sold in January  . This does not include homes not listed, commercial  and  multi units . It  is deemed to be correct but subject to errors and omissions.

There were 5  homes that settled in January 2012.

The average original list price was $ 281,840.

The average last list price was $259,240

The average sale price was $ 249,480

Highest sale price was $360,000

The lowest sale price was $150,000

The average days the homes were marketed was 114

The average settled price to original price ratio 90.77 %

The average settled price to last list price ratio is 96.48%

The homes were priced high and sellers had to reduce price as seen from ratios

Condos for sale in Warminster, Pa 18974 You can search 1000s of listings of homes on my web site www.gitabantwal.com Here are some condos and PUDS for sale in Warminster Pa 18974 priced under $200,000. Warminster is a great place to live. There are homes in all price ranges. Meadowood condos are very affordable . You can buy a two bedroom unit for $130s. Stover Mill at Warwick is another affordable community. There are 3 bedroom townhomes under $200,000.

Move right into this affordable condo in Warminster. It features two bedrooms and two baths. There is a formal dining room and eat in kitchen. Centennial school district. Walk to shopping and park. Priced at $134,900. Neutral colored newer carpet. Kitchen equipped with refrigerator.This is the best value for the money in Meadowood. Call Gita Bantwal at Re/Max Centre Realtors 2153438200x124 or 2152758491 to view this lovely unit. Great view from the balcony.

Buckingham   township, Bucks County, Real estate market report, January 2012

I looked up the mls for real estate activity in Buckingham township in January 2012.

I looked for residential listings sold in January  . This does not include homes not listed, commercial  and  multi units . It  is deemed to be correct but subject to errors and omissions.

There were 11 homes that settled in January 2012.

The average original list price was $ 450,136.

The average last list price was $432,055

The average sale price was $ 399,545

Highest sale price was $1,000,000

The lowest sale price was $130,000

The average days the homes were marketed was 162

The average settled price to original price ratio 90.93 %

The average settled price to last list price ratio is 94.33%

The homes were priced high and sellers had to reduce price as seen from ratios.

There were 186 active listings and 20 homes pending settlement on February 5,  in Buckingham township.

New Britain  township, Bucks County, Real estate market report, January 2012

I looked up the mls for real estate activity in New Britain township in January 2012.

I looked for residential listings sold in January  . This does not include homes not listed, commercial  and  multi units . It  is deemed to be correct but subject to errors and omissions.

There were 5 homes that settled in January 2012.

The average original list price was $ 406,580.

The average last list price was $371,540

The average sale price was $ 351,200

Highest sale price was $475,000

The lowest sale price was $252,000

The average days the homes were marketed was 166

The average settled price to original price ratio 86.31 %

The average settled price to last list price ratio is 94.39%

The homes were priced high and sellers had to reduce price as seen from ratios.

There were 41 active listings and 15 homes pending settlement as of February 5, in New Britain township.

Bensalem  township, Bucks County, Real estate market report, January 2012

I looked up the mls for real estate activity in Bensalem township in January 2012.

I looked for residential listings sold in January  . This does not include homes not listed, commercial  and  multi units . It  is deemed to be correct but subject to errors and omissions.

There were 2021 homes that settled in January 2012.

The average original list price was $ 226,823.

The average last list price was $217,261

The average sale price was $203,329

Highest sale price was $300,000

The lowest sale price was $23,000

The average days the homes were marketed was 163

The average settled price to original price ratio 88.42 %

The average settled price to last list price ratio is 93.72%

The homes were priced high and sellers had to reduce price as seen from ratios.

There are 193 active listings and 44 homes pending settlement right now in Bensalem township.

Newtown  township, Bucks County, Real estate market report, January 2012

I looked up the mls for real estate activity in Newtown township in January 2012.

I looked for residential listings sold in January  . This does not include homes not listed, commercial  and  multi units . It  is deemed to be correct but subject to errors and omissions.

There were 20 homes that settled in January 2012.

The average original list price was $ 369,643.

The average last list price was $341,648

The average sale price was $ 325,974

Highest sale price was $745,000

The lowest sale price was $152,500

The average days the homes were marketed was 172

The average settled price to original price ratio 89.07 %

The average settled price to last list price ratio is 94.87%

The homes were priced high and sellers had to reduce price as seen from ratios.

There are 106 active listings and 18 homes pending settlement right now in Newtown township.

 

Warwick  township, Bucks County, Real estate market report, January 2012

I looked up the mls for real estate activity in Warwick township in January 2012.

I looked for residential listings sold in January  . This does not include homes not listed, commercial  and  multi units . It  is deemed to be correct but subject to errors and omissions.

There were 9 homes that settled in January 2012.

The average original list price was $ 331,867.

The average last list price was $313,689

The average sale price was $ 299,378

Highest sale price was $725,000

The lowest sale price was $181,000

The average days the homes were marketed was 153

The average settled price to original price ratio 92.12 %

The average settled price to last list price ratio is 96.01%

The homes were priced high and sellers had to reduce price as seen from ratios.