New Loan Limits for FHA take place January 1, 2014

Are you looking to purchase a home in the new year?  You may not want to wait if you are using an FHA loan. There will be new loan limits for FHA will take effect for case numbers ordered on or after January 1st, 2014. HUD just announced that approximately 650 counties will have lower
Tagged under: , , ,

Advice for the First-Time Homebuyer!

Movoto Real Estate, an online real estate brokerage based in San Mateo, Calif., asked its agents for advice that they would give clients looking to purchase a home for the first time. These tips can help guide your clients through every step of the process. Starting the Search There is no such thing as the
Tagged under: , , , ,

Buyers–Did you know that…

#1 You don’t pay the real estate agent–the seller does! #2 Short sales are NOT short –a short sale can actually take months to process…and possible even fall apart #3 You will most likely be beat out on several offers #4 Choosing a mortgage lender is like choosing a college–should you choose a small or large
Tagged under: ,

Considering selling your home? Don’t wait until after the holidays!

I have had many clients say… “I’ll wait until spring time to list my house.” Many sellers often wonder if they should keep their properties on the market or take them off? Or if they haven’t listed their homes yet, should they wait until after the first of the year? In a recent article by
Tagged under: , ,

Buyer Beware: 3 Reasons Deals fall apart

It is estimated that nearly one-third of all real estate contracts never make it to the closing table.  What causes these deals to crumble? Here are three reasons your deal could fall apart as a home buyer: #1 Financing Securing a home mortgage has become a lot tougher–Lenders have tightened their restrictions considerably and as
Tagged under: , , ,

For Sale: 1719 Wallace Street, Unit 102, Philadelphia PA 19130

1719 Wallace Street, Unit 102, Philadelphia PA 19130 To learn more about this gorgeous condo on a tree lined street in the heart of the Art Museum area contact Kevin Toll. To view a virtual tour of this property, click here. Upgrades Include: Crown molding throughout Custom Fireplace Mantle Stainless Steel Appliances New Windows New Kitchen with
Tagged under: , , , ,

Seasonal Home improvements to complete during the fall

Fall is perfect for checking off a few to-do lists on your home repair checklist. Here are a few suggestions to start with these to improve your home this fall: Roof Repair Replacing or repairing a roof  before the winter storms, be it rain or snow. Winter winds and precipitation (think ice) can prevent a
Tagged under: , ,

Philadelphia Market Update- September 2013

Center City, Fairmount & Callowhill Areas- 19103, 19102, 19106, 19130, 19123 In September 2013 more units have sold and houses are spending fewer days on the market, however, there is less inventory and the median sales price has decreased by 13%  since September 2012.    
Tagged under: , , , , , , , ,

Chester County Real Estate Activity

Chester County Real Estate – The charts below reflect market activity during September 2013. The most active price range was $300,000-500,000.  
Tagged under: , ,

Lender Required Home Repairs

Whether you dream of scoring a deal on a fixer-upper, or finding a home that’s move-in-ready, the house needs to meet some minimum criteria before most financing can be secured. While there are a number of exceptions to these guidelines, here are a few things to keep in mind when looking to purchase a home
Tagged under: ,