home purchase: You really want Zillow to buy your house?
- 03/06/19 05:24 PM
Zillow's new service-ibuyer has hit the market in Phoenix, Atlanta, and Denver. There are three commercials which play on the emotions of a seller. Zillow claims a seller would be interested in selling their home for cash to a company they know and can trust -all while making a bubble beard and cooking unicorn pancakes. Very cute, but misleading. As there are many educated consumers that will be able to understand this arrangement, at the same time there are many others that will not. Unfortunately, a lot of sellers will not hire a professional realtor or real estate attorney to help navigate them … (4 comments)
home purchase: Property Taxes Eliminated in Pa?
- 01/26/18 04:54 AM
Pa. could eliminate property taxes this year, senators say After years of property owners’ complaints, 2018 might be the year that Pennsylvania dramatically changes its real-estate tax system — if a few state senators have their way. A decade-long effort to eliminate or reduce property taxes has gained new momentum, after a constitutional amendment passed in November that allows the state to exempt owner-occupied homes from real estate levies. Now, the legislature could use that exemption to eliminate school property taxes. A group of senators is working to find a bill that has a chance at succeeding, said state Sen. David Argall (R-29). Argall … (4 comments)
home purchase: Red Flags to Look for When Buying a Home
- 12/05/17 02:06 AM
When you and your buyers are touring open houses, tell them to watch for signs of larger issues with the property. Jenna Dougherty and Greta Eoff of the DeMasi Group at Keller Williams Realty in Davis, Calif., shared items that should raise alarms for buyers. Overpowering scent. If sellers are being too heavy-handed with scented candles or other fragrances, it could mean they are trying to cover up the source of more serious odors, such as a musty smell from mold, pets, or something else. Poor tiling. If there are gaps in the tiles or if the tiles are slightly uneven, it may … (2 comments)
home purchase: 3900 Ford Rd, Unit 8G
- 05/17/17 10:33 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 … (3 comments)
home purchase: My Dad dying and real estate
- 05/07/17 01:36 AM
My Dad has passed away the afternoon of May 5th, 2017. What does this have to do with my real estate career? Well one word, everything. My Dad, who I call Pops, was not in my life early on. He left us when I was born. But before he left, he made sure that my Mother did not name me Rosemary Jr. and I am forever grateful for that. As an adult we connected and established a relationship. Even though that relationship was rocky and sometimes filled with anger and resentment, I'm grateful for it. I have long forgiving my Pops for missing … (3 comments)
home purchase: Lovely Home in E. Mt. Airy 344 E Montana St
- 03/17/17 05:00 AM
Immaculate twin house that is located blocks from major transportation and expressways! Please view this amazing 3 bedroom and 1/ 1 bath in the lovely East Mt. Airy Section of Philadelphia. Fully rehabbed. Everything New. The home boasts a beautiful kitchen with gorgeous back-splash and beautiful tile floor. Shiny new wood floors all about and finished basement for a man/woman cave or playroom. There is plenty of closet and storage space, as well as a one car garage. Amazing light on first floor which shimmers against the wood floors in this open concept-modern, up to date home. There are too many features to … (4 comments)
home purchase: Snapchat and Real Estate
- 03/08/17 03:46 AM
Snapchat went public last week with a huge bang, but since then it's stock price has dropped by 11%. The biggest problems facing the stock is the inability of shareholder input and most important it's inability to connect with older potential users. What does this have to do with real estate? I personally believe that it can be a huge opportunity for real estate agents to get in on the ground floor of this popular medium for teenagers and twentysomethings. As an agent you can use Snapchat to post listing videos and open house video announcements. No more are the days of "If … (8 comments)
home purchase: List Your Home! Buyer's are in abundance!
- 02/24/17 03:34 AM
Many markets are seeing so few new listings that they may not be able to meet the strong buyer demand heading into real estate’s traditionally busiest season. Listings are down more than 7 percent compared to a year ago across the country, according to the latest data by the National Association of REALTORS®. Where Homes Are Selling the Fastest Realtor.com® inventory data shows the following metro areas had listings that stayed on the market the shortest amount of time in January: San Jose-Sunnyvale-Santa Clara, Calif.: 43 days San Francisco-Oakland-Hayward, Calif.: 47 days San Diego-Carlsbad, Calif.: 55 days Seattle-Tacoma-Bellevue, Wash.: 57 days Nashville-Davidson-Murfreesboro-Franklin, … (1 comments)
home purchase: Discrimination Still Exist in Mortgage Industry
- 01/27/17 02:06 AM
It is very sad that predatory lending still exist in the mortgage industry, making it extremely difficult for minorities to get a fair mortgage and to keep their head above water. For all those that say this does not exist, the following information on recent settlements say otherwise. JPMorgan Chase will pay $55 million in a settlement over claims the bank giant charged thousands of African American and Hispanic borrowers higher interest rates on mortgages than white counterparts. Federal officials say the bank charged Black and Hispanic borrowers, on average, $1,000 more than similar mortgages issued to whites. The mortgages were reportedly issued … (1 comments)
home purchase: 10 Ways Buyer's Can Improve Credit
- 01/20/17 05:13 PM
Buyer's will find it easier to get a home loan using these tips according to an article written 07/13/2016 by Johnson Fedrick. 1. Always pay on time. 2. Keep your credit owed within limits. A good ratio to have is below 50% of annual salary. 3. Always pay your dues on time, in full. 4. Use two credit cards if you are a definite credit card spender. If you have two credit cards, you can keep your usage percentage in control. For example, if you have a credit card with a limit of $20,000, and you charge $15,000 on it, you used 75 percent of your … (1 comments)
home purchase: Top 10 Tips For Buying Your First Home!
- 12/22/16 06:44 AM
If you are making a shift for the New Year from renter to homeowner, you should begin preparations now! It's an exciting emotional and financial roller coaster. Here are some tips to help you get started: 1. Check your credit score. 2. Budget 3. Start saving and stop spending 4. Meet with a Mortgage Banker 5. Find a Realtor you trust/ 6. Choose a Neighborhood 7. Set your priorities 8. Make an offer quickly on the house you love 9. Have a home inspection 10. Stay in contact with lender and Realtor until settlement day(Celebration Day for Everyone Involved) Buying your first … (1 comments)
home purchase: Be prepared when applying for a Mortgage!
- 12/12/16 06:44 PM
Do yourself and all those involved with helping you purchase your dream home a gigantic favor, BE PREPARED WITH THE DOCUMENTS YOU NEED TO APPLY FOR A MORTGAGE! Here is a generic checklist: 1. Two forms of identification including a government photo ID. 2. Pay stubs for the past 30 days including year-to-date income. 3. Your most recent year's W2 form and/or most recent 1099 form. 4. Two years of your most recent signed tax return, including all schedules and all pages. 5. All pages of your most recent bank statements, including back up docs for all large deposits. 6. Gift letter if gift money is to be … (2 comments)
Zillow's new service-ibuyer has hit the market in Phoenix, Atlanta, and Denver. There are three commercials which play on the emotions of a seller. Zillow claims a seller would be interested in selling their home for cash to a company they know and can trust -all while making a bubble beard and cooking unicorn pancakes. Very cute, but misleading.
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