lease purchase: Don't Miss a Rare Rent-to-Own Opportunity in Northern Liberties - 03/22/11 08:17 AM

There are so few Rent to Own/Lease Purchase opportunities in Philadelphia -- let alone in Northern Liberties. But we have one at 813 N Hancock Street.  This condo is being offered for sale as a lease purchase.
This amazing condo has 2,300 sq ft, 4 enormous bedrooms (very rare in Philadelphia), an even larger open-style living space, 2 large full baths, and 12' ceilings, priced at $2,500 a month, with option to purchase at the end of your lease! (Condo fees paid by owner).
For  more information, please contact the Somers Team.
Related:
Your Own Mister Rogers Neighborhood but Way Cooler … (0 comments)

lease purchase: Philadelphia Rentals - A Strong Market: Philadelphia Rentals are occupied shortly after we list and market them! - 01/06/10 09:04 AM
Philadelphia Rentals:  A Strong Market !
As we mentioned in our Random Thoughts Blog for the week we have seen a boom for Philadelphia Rentals.  Just look at the activity we've experienced in the Philadelphia Real Estate Market in the last week:
Just Rented 7 Units in the last week in Northern Liberties, Old Kensington, and Old City ! 1309 N Lawrence St- last 3 Units Gone.  Now 100% Occupied !       231 -235 N 2nd St in Old City - 2 units are now Rented !813 N Hancock Street Unit 4 Rented Fast in Northern Liberties !1318 N 6th St Unit 1- … (8 comments)

lease purchase: Relocation: Step 2 - Following The Numbers To Your New Home - 08/16/09 12:41 AM
Relocation: Step 2 - Following the Numbers To Your New Home Understanding Where You Are And Where You Want To Be Our hearts go out the the out to all of you brave out-of-towners who are relocating to an area that is new to you. We understand that even a simple mile can make all of the difference to a person's life. Change does not come easy to everyone and buyng a home certainly offers it's own set of stressors. Once your decision is made to move and you understand your role and techniques in finding the right neighborhood as we … (2 comments)

lease purchase: Relocation: Step 1 - Moving Closer To Your New Home - 08/14/09 12:30 AM
Relocation: Step 1 - Moving Closer To Your New Home Identify the Challenge and Embrace the Journey We get a lot of email and phone calls from out of town people looking to relocate to Philadelphia, thinking either of buying a home, renting a home or condo or considering lease purchase options.  Buying a home from long distance poses some obvious challenges:  It involves all of the human senses and is a hands on process and can not be done confidently from long distances.  The Lease Purchase and Rent-to-Own alternatives to buying really seems to resonate with many out of towners. … (5 comments)

lease purchase: Northern Liberties Condos - Only 2 Remaining Eco-Friendly Units at 1111 Mount Vernon - 11/30/08 12:49 AM
1111 Mount Vernon: Goes Green and Lease-purchase options  - Price updates !
1111 Mount Vernon Street Condos are located just North of Center City's Chinatown district.  This 4 story, 5-unit condominium building offers the consumer an eco-friendly, energy efficient home, with a refined and contemporary look, as well as 2 ways to structure the purchase.
There are 3 2 remaining units available:
Unit 1 - $250,000, 1br, 1.5 ba, 1,130 sq ft
Unit 2 - SOLD !
Unit 3 - $275,000, 2br, 1.5 ba, 1200 sq ft
Units 4 and 5 - SOLD !
Located a few minutes from downtown center city, outstanding … (10 comments)

lease purchase: Lease Purchase - what is it and how do you do it ? - 11/10/08 12:00 PM
What do you do when you cannot sell ?  Philadelphia Lease Purchase Options

 
In this market, people need options.  What do you do when you cannot sell and do not want a traditional rental ?
Chris and I do a lot of Rent-to-Own or Lease Purchase contracts in Philadelphia.  The rental price of a Lease Purchase is determined by 2 main factors: 1) the monthly mortgage and expenses for the seller and 2) the fair market rent for that area.
Lease Purchase or Rent-to-Own contracts usually have an incentive attached to them. Two examples of the incentives that we have negotiated on … (53 comments)

 
The Somers Team, Delivering Real Estate Happiness (The Somers Team at KW Philadelphia)

The Somers Team

Delivering Real Estate Happiness

Philadelphia, PA

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