19122: How to buy a house - 03/13/19 01:48 AM
If a buyer is interested in buying a home, they should start the process 6-9 months before the purchase. It should begin with checking their credit. If any issues are found, they can work on that immediately. However, it takes several credit cycles (every 30 days) for the credit report to update. Credit is one of the 3 C's (credit, capacity, collateral) needed with buying a home and it is very important. Having a good to excellent credit score will determine how much you will pay to borrow money-essentially your interest rate. 
When reviewing their credit reports, they should be looking for … (4 comments)

19122: Hard Money Lenders-Predator or Savior? - 03/11/19 11:26 AM
There are two myths about hard money lending that I like to address today. One, hard money lending is the best way to get funding for a fix/flip. Two, hard money lender prefers to foreclose on your investment rather than collect the high interest payments.
Hard money lending is misunderstood by new investor. It's unfortunate because it can be easy to navigate if understood properly. 
The myth that hard money lending is the only way to go when buying a fix/flip is inaccurate. There are several sources of funding to seek out first and foremost before selecting a hard money lender. However, after … (0 comments)

19122: Real Estate is Changing - 03/02/19 03:31 AM
There are cars flying over my head as I’m sitting on a park bench sending a text message on my arm. Yes, you didn’t misread and there are no typos in the above sentence. Welcome to the future. It may not be that far away from the time you are reading this post. I’m a Realtor/Broker/Owner/Author/Speaker and I recently wrote a book about my rapid rise to success titled “Burning Desire” ……. With this being said, my intentions were to write about a series of activities to focus on while climbing the success ladder in real estate. Well, after reading about … (4 comments)

19122: Moving Forward - 06/20/18 08:24 AM
Moving forward can be challenging in business and in our personal lives. Seller's or possible seller's are currently reluctant to put their homes up for sale because of possibly not being able   to find another home. There is somewhat uncertainty in our political environment and a mirage of other issues. As Realtor's it can also be difficult to continue on in our changing industry as well as trying to understand who to market too-when-and how? 
However, as Fredrick Douglas said "If there is no struggle, there is no progress" As Realtors, sellers and buyers we have to keep going and sift through the challenge of … (2 comments)

19122: How do I find clients as a New Realtor? - 02/16/18 11:12 AM
The answer is to choose all or a few of the below and give it 10x relentless energy into pursuing each source for a lead. Good Luck!
 
expired listings, FSBO, craigslist, divorce attorneys, estate attorneys, financial advisors, members of the military, sports/celebrity agents, property managers, title agents, homebuilders, home remodelers, architects, interior designers, boy scouts, girl scouts, church groups, school volunteers, nonprofits and charities, auctions, website, blog, social media, wedding planners SOI, Zillow, realtor.com, repeat clients, broker leads, government agencies, floor time, podcast, for sale signs, open houses, name badges, professional organizations, networking groups, absentee owners, classes/seminar, moving companies, Uber/lyft drivers, … (1 comments)

19122: You want to buy a home? Do this first... - 02/16/18 03:39 AM
If a buyer is interested in buying a home, they should start the process 6-9 months before the purchase. It should begin with checking their credit. If any issues are found, they can work on that immediately. However, it takes several credit cycles (every 30 days) for the credit report to update. Credit is one of the 3 C's (credit, capacity, collateral) needed with buying a home and it is very important. Having a good to excellent credit score will determine how much you will pay to borrow money-essentially your interest rate. 
When reviewing their credit reports, they should be looking … (2 comments)

19122: 5 Things to Know as a New Realtor - 02/15/18 06:21 AM
5 Things you should know as a new Realtor
 
 
1. RE License courses didn't teach you how to find new clients.
2. You are in the lead generation business first, real estate business second.
3. Your work hours will be crazy. (prepare your family)
4.Real estate is harder than you imagined-you need not just one client but hundreds
5. Most Realtors are not hard-wired to be self employed (your own boss)
 
Bonus Tip: It gets better, eventually you will build a referral business and will not have to work as hard.
Good Luck!
For help on how to get started quickly and to prevent some of the … (2 comments)

19122: Tips for a Rental Inspection - 02/15/18 06:10 AM
Just an FYI
 
Tips for Rental Inspections
       As a Realtor, when I conduct a showing or a walk-through with my client, I am looking for active leaks, ceiling and floor stains, electrical amps, fresh paint, safety concerns (missing railings, trip hazards), adequate space in kitchens and bathrooms, closet space, storage, and most important cleanliness.       As a new landlord you should look at your rental unit as if it were a place you would live in. Give it the same inspection you would give to a place you would be interested in renting. It doesn’t have to be top … (2 comments)

19122: Condo in Philadelphia, Fairmount Park View - 02/14/18 02:11 AM
Gorgeous mid century-modern two bedroom unit at the Park Plaza Condominiums! Tremendous amount of natural light from the huge balcony! Beautiful view of nearby Fairmont Park. This 2 bed/ 2 full bath unit has an open floor living and dining rooms with Pergo flooring. Master bedroom has it's own dressing room with massive closets, en-suite bathroom. Park Plaza features many amenities including an outdoor pool, indoor pool, tennis court and beautifully landscaped grounds. The building has 24 hour concierge, and a doorman. In addition, there is a on-site gym with indoor pool, conference and party rooms, and most importantly, plenty of … (2 comments)

19122: Showcasing Your Home to Sell - 01/12/18 05:29 PM
Once you've decided to put your home on the market, it's important to take a close look at it from the viewpoint of a prospective buyer. Objectively evaluating each area and then making your home "show ready" can have a major pay-off in terms of the offers it will attract and how soon those offers come in.
 
The Big Picture
1. Keep in uncluttered
2. Keep it clean.
3. Keep it repaired.
4. Keep it neutral
5. Keep it inviting.
6. Keep it bright.
 
The Small Details
1. Trim, weed and tidy up lawn and garden
2. Clean up pet areas
3. Repair screens, windows and doors
4. Rearrange furniture for a more … (1 comments)

19122: 100 Reasons Why to hire a Realtor - 01/12/18 05:12 PM
There are 100 reasons why to hire a Realtor, but for now I will give you only 10 really good reasons. If you are thinking of buying and selling without one, please read this post and re-think that decision.
 
What can go wrong in a Real Estate Transaction
1. Title Company misses a tax lein
2. Termite Report reveals substantial damage.
3. Seller's didn't tell reveal that they are in the middle of a divorce.
4.  Buyer did not tell the truth on loan application
5.  A real estate attorney gets involved.
6. The appraiser is not local and misunderstands the market.
7.  The buyer or seller goes on … (1 comments)

19122: Buyer's-FYI - 01/12/18 04:50 PM
FYI 
Why is Inventory so Low Presently???  
  Lack of New Constr for Buyers (20 yr Low)  6. Sellers can’t find Reasonable Priced Home to Buy   Lack of Condo’s being Built for Buyers         7. Sellers Scared to Sell w/o Home one Targeted.   Older Sellers not moving to Florida.              8. Sellers may have Better Interest Rates than now.             Sellers still don’t have $$ Equity they Like    9. Increased # of Buyers due to Rates & Consum Confid   Sellers have 1st /2nd Mtgs. Underwater??   10. Sellers have Credit Issues – New mtg. app Problem  
This is why, … (3 comments)

19122: New Listing-7402 Ruskin Rd, Philadelphia Pa 19151 - 01/07/18 04:54 AM
Welcome to this Beautiful completely move in ready, modern three bedroom home with 3 Full Bathrooms (which includes a Master Bath) a finished basement with a second kitchen and lovely rejuvenated hardwood floors throughout. Central Heating and A/C for hot summers and cold winters. Located in the desirable section of Overbrook Park, Philadelphia. Please find easy accessible transportation and easy access to Center City with minutes from all major expressways. This home has Gorgeous tile floors in kitchen, all 3 baths, and basement. The finished Basement is great for a man cave, in law suite, family room, playroom or entertainment mecca. … (4 comments)

 
Deborah Ann Spence, Awesome Realtor serving Philadelphia and suburbs! (Fierce Realty Corp)

Deborah Ann Spence

Awesome Realtor serving Philadelphia and suburbs!

Philadelphia, PA

More about me…

Fierce Realty Corp

Address: 2424 E York St, Philadelphia, Pa, 19125

Mobile: 484-934-2744



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