home buying: After this fiasco, You want to work w/ me again??? - 05/31/15 04:42 AM
Gosh, Jess, I really don’t know what to say. I really can’t afford to lose your sale. But neither can I afford to go through the process with you again. I have spent much more time with you than I do with the average buyer. (There really is no average buyer—but that is another story.)
You questioned every single step in the process.
You were rude to me more than once.
You kept threatening to pull out of the deal.
You did not respect my opinion on anything.
You were completely unreasonable about the building inspection issues.
You never made a … (3 comments)

home buying: Don't pick the cheapest home inspector. - 12/01/14 11:10 PM
Beyond downpayment, closing costs, inspections, moving costs, insurance, buyers get overwhelmed by all the cash they need to come up with to get into their first house. No wonder they shop around for home inspectors. My go-to home inspectors weathered the recession just like we all did. As a result, I don't think they have increased their fees in years. So picking the guy who only charges $300 vs. the guy who charges $350, seems penny wise and pound foolish to me. I love the home inspectors who have been in the business for years. Our housing stock in Philadelphia is … (0 comments)

home buying: Don't Wait Til the Price Drops...... - 11/18/14 05:22 AM
You've had your eye on a house. It's above what you want to pay. And it's been sitting. Over 60 days! Don't wait. Now is the time to make an offer. Most buyers keep waiting. I really think they are afraid of rejection--or something. Believe me, the time to make an offer is before the price drops. You can bet that other buyers have their eyes on that house too. I've seen bidding wars on homes that have been on the market for 9 months. Get a jump on them. Pick your price and go for it.
(3 comments)

home buying: You really want to offer $100,000 less than asking???? - 07/18/14 04:36 AM
You called me to see houses with asking prices between $600,000 and $700,000. Now you have found a house that you love, and you tell me that the top of your comfort zone as far as price is $540,000???? I'm happy to show you homes above your price range. But I wonder where the line is? One house that we saw was definitely $100,000 over-priced. But that was an anomaly. It is a gorgeous old stone house that had been a rental for years--a textbook example of "deferred maintenance." It needs a complete overhall. I'm all for a lowball offer on … (0 comments)

home buying: How scary is that creek? - 03/19/14 12:52 AM
The 100 year old house is charming, with many original architectural details. The price is really attractive. So why hasn't it sold? Four years ago, FEMA redrew the flood plain map to include this home. The longtime owner was vaguely aware of the change, but he didn't really pay attention. Then his wife died and he put the house on the market. It sold right away and all was well until the buyer's mortgage company balked at the flood plain designation. The owner got a surveyor and is appealing FEMA's conclusion. My buyer is tempted--very tempted. I'm wary--very wary. What say … (0 comments)

home buying: My husband is too busy to go to closing! - 03/15/14 12:05 AM
Today's home buyers are more busy and stressed than ever. Taking days off from work for building inspection and closing can be tough. I am so glad that my buyer Kevin was able to come to closing yesterday. We got to the house for the final walk through and found an ice dam had created a roof leak. Thank goodness I had my iPad to take photos to send to everyone. But no photo is a substitute for being right in front of the issue. Kevin and his wife were able to assess the situation and we all came up with … (0 comments)

home buying: I make $65,000--Pre-Approved for a $300,000 house???? - 03/09/14 03:19 AM
This buyers were pre-approved by a big bank that is lucky to still be in business after the government bail out. I am shocked. With FHA required mortgage insurance, their payment is $2100+ a month. They have 2 children--10 +12 and the wife stays at home. Yes, they want the school district and the Leave It to Beaver neighborhood. But they will have to eat Ramen Noodles. Would you consider an offer like this????
(6 comments)

home buying: It Makes More $$ Sense to buy the More Expensive House Now.... - 02/01/14 11:03 PM
I want the BEST for my clients. My goal is to find them the home that works best for their budgets and their lives. I want them to get a Great Deal and I want them to love their home.
**With interest rates at 4.3%, it really makes a lot of sense to go for the pricier, move in ready, bigger house. My friend Charna taught me this. Buy a fixer and you pay for the remodel in full. Buy move-in-ready for $50,000 to $100,000 more, and the mortgage interest tax deduction (for people who itemize) offsets your purchase price for … (0 comments)

home buying: I wish you'd talk about Green Mortgages tonight, Mr. President! - 01/28/14 08:18 AM
I sell mostly older homes that aren't energy efficient. How great would it be if buyers could roll the cost of energy saving upgrades into their mortgages upfront? Take a $300,000 house with a 15 year old furnace, no central air and little insulation. What if the buyers could get a mortgage for $320,000....and use the extra $20,000 for a new furnace, central air, hard cell insulation for the attic, duct sealing, air sealing and weatherstripping? They would cut their energy costs by 30% or more. It makes SO MUCH SENSE. If their gas and electric bills average $300 a month, … (0 comments)

home buying: Home inspector and the parents….. - 01/19/14 12:17 AM
I liked the home inspector right away. He was a retired electrical engineer who loved old houses. He invited us to speak up if we noticed anything. The home was a 90 year old, city rowhouse. Besides the inspector, there were the buyers--a young couple, the wife's father, and her uncle--a contractor.  The father found the leaking pipe in the garage. The young wife found the key clue: A barely visible spot on the dining room wall where wetness was just starting to make the paint bubble. The inspector was puzzled when the 6 year old boiler failed to fire. Then … (1 comments)

home buying: Cost of the Commute-- It SHOULD BE a MAJOR Factor in Home Buying - 12/15/13 06:04 AM
 Sadly, four of my clients have come to regret buying the cool house with the hour-long commute. They all had jobs with non-rush-hour hours. They all liked driving. But a long drive gets old fast. It costs at least 50-cents a mile to commute....when you factor in wear and tear and maintenance as well as gas. The hidden costs of a long commute include MUCH MORE STRESS. Traffic is very aggravating. Being far from home when you have children is stressful. Driving in bad weather is dangerous. Yes, if you look 30 miles farther away, you can probably find a nicer … (0 comments)

home buying: Buy a home...find a husband! - 05/10/11 01:44 AM
What is up with this scenario? Assured, together single woman decides to buy her own home. She doesn't need to wait for her prince! Then the prince turns up! Why is that? I just ran into a client from 7 years ago. She told me she met her now- husband at a dinner party the week before closing! I got a happy Christmas call from another. Two years for her, but again, first the house, then the fiance. Is this just me, or is this a phenomena?
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home buying: Just Buy the House I Tell You to Buy! - 12/06/10 11:07 AM
I've been selling houses for 12 years now and I am very humble.  Who am I to think that I know better than you what house will work for you? Tell me what you want. My job is to find it for you. I live by that. And yet....   Gad...sometimes I see your heart ping when you look at a money pit. Or my heart sinks a bit when you rush through the beautifully maintained granny house, eager to get to the high priced charmer  that will stretch your budget. That is when I channel my inner kindly old aunt who … (4 comments)

home buying: Should you buy now or wait until you have 20% down? - 12/04/10 10:40 AM
I sat next to a bright, young contractor from California at lunch last week. He lamented that he and his wife might never be able to afford a home in the Bay Area where he lived. They were working on saving 20% for a down payment.
You know what I said: "There has never been a better time to buy!" I told him to talk to his lender about FHA financing where he would only need 3.5% down. Interest rates are rising already...up at least half a point since October. None of us have many buyers. Most sellers are giving serious … (1 comments)

home buying: How the building inspection on new construction went.... - 09/23/10 10:32 AM
The builder is a hands on guy who has been building individual houses--not developments--for 40 years. He prides himself that he usually one has one or two quick fixes to do in the extensive personal walk-through that he does with every buyer. My clients are New Yorkers who tell me that New Yorkers don't trust anyone and that I should not take it personally. They found their own building inspector (and their own title company and their own attorney.) OK. Their building inspector was kind of a prima donna. Luckily, he knew his building science. It turned out really well for … (0 comments)

home buying: Buyers...Hmmm....We know there are not a lot of them....but WHO Are They? - 09/12/10 02:39 AM
Remember a couple years ago when there were floor calls and normal buyers? I used to have at least 11 buyers. The first thing I did every day was check for new listings that might work for them. They were people looking for more room...a bigger kitchen...a school district. If I could figure out who the buyers out there now are, maybe I could do better marketing? It seems like I keep meeting a lot of unrealistic bargain hunters who want to steal things. I met one couple at an open house in the Germantown neighborhood of Philadelphia, PA, recently. The … (2 comments)

home buying: Should you get a home inspector with new construction? - 09/10/10 04:23 AM
I mostly sell  homes that are 50 years old and older, so I'd love some input. My 60 year old clients are buying their retirement home near their daughter. Thanks to responsible living and good jobs, they have plenty of cash and nice pensions. The purchase represents a lifetime of savings and thoughtful money management. They tell me "We are from New York and we don't trust anyone." The builder has been building homes for 40 years. He is proud of what he builds and personally does a final walk through with clients to create a punch list. He also gives … (6 comments)

home buying: The Wait to Buy Anything caution.... - 08/29/10 07:49 AM
Thanks to Scott Godzyk for reminding me of the caution I used to always give my buyers. He told me about clients who were denied for a mortgage two days before closing because they couldn't resist a good deal on a camper. That camper on their credit report changed their debt to income level and they no longer qualifed for the mortgage. There are so many good deals around these days. We need to warn our clients to hold off on new purchases until after they get the keys to their new house. The same goes for quitting your job. The … (0 comments)

home buying: Bad news on Radon........ - 08/27/10 06:31 AM
My buyers have been looking for a house for more than a year! They finally decided on new construction. We just got the radon results back and they were as high as I have ever seen! 60 picocures in the basement! Two days later, the seller put in a radon remediation system. I'm not a scientist. Of course, I told them you can retest. The builder gave me this advice: "In 40 years in the business, I have learned that the less you say, the better." He meant that I should just put out the facts and not try to talk … (2 comments)

home buying: Get it in writing! - 08/22/10 01:50 AM
When I started 12 years ago, I remember sophisticated, longtime realtors driving out in the snow late at night to get deals finalized. Today we have gotten more casual. We fax copies of checks. We agree to a final price verbally and trust that the paperwork will come. Yesterday I was supposed to get some final paperwork for a price we agreed to a couple days before. I didn't get it. The buyer was on a business trip. Did I blow it? My seller's fixer house has been on the market for 9 months. It needs a kitchen and a lot … (9 comments)

 
zeta cross, Getting Greener Makes Your home worth more! (Smart Green Realty)

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Getting Greener Makes Your home worth more!

Philadelphia, PA

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Smart Green Realty

Address: 7630 Germantown Ave, Philadelphia, PA, 19118

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Philadelphia real estate agent who helps buyers and sellers enjoy the benefits of better building performance. Energy efficient buildings sell for more money. They are more comfortable and healthy to live in. They save you money on your energy bills every month.


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