June 9, 2011

Buying Foreclosures and REO in Philadelphia

Buying Philadelphia Foreclosures and Philadelphia REO How to Buy Bank Owned Foreclosures Banks own Philadelphia real estate because the banks have acquired the homes through foreclosure. Homes on a bank’s books are called REOs, which is an acronym for “real estate owned.” Realize that when banks receive property deeds to homes through foreclosure, it’s because no one showed up on […]
June 9, 2011

8 Tips for Philadelphia REO Foreclosure Offers

8 Tips for Philadelphia Foreclosures and Philadelphia REO Offers How to Write Offers to Buy REO Foreclosures Lots of savvy home buyers want to hit the jackpot and buy that Philadelphia REO foreclosure, many of which are often under-priced. When banks price REO foreclosures under the comparable sales, multiple offers are often the response. This means you could be up […]
June 8, 2011

Three Major Philadelphia Real Estate Home Buying Mistakes

Three Major Philadelphia Real Estate Home Buying Mistakes Three Major Home Buying Mistakes – How to Avoid Home Buying Mistakes! Not every mistake in a real estate transaction can be reversed, much less fixed before closing. If buyers goof up and make an innocent mistake, they might very well be stuck with the consequences for a long time or, worse, […]
June 8, 2011

Philadelphia Real Estate Tips For First Time Home Buyers

Philadelphia Real Estate Tips For First Time Home Buyers Before You Buy Your First Home – Tips for a First-time Home Buyer.  It’s not uncommon for a first-time home buyer to say to me, “Gosh, just last week I called you about buying a home and now I’m in escrow! How did this happen so fast?”The answer is it didn’t. […]
June 7, 2011

Philadelphia Real Estate Overpriced Listings

Philadelphia Real Estate Overpriced Listings It’s Not Always a Physical Defect that Drives Away Philadelphia Homebuyers.  Common knowledge dictates that if a home doesn’t sell, there must be something wrong with it. That’s a true statement. In a market that is moving, there is something wrong with a home that doesn’t sell. But contrary to popular belief, it’s not always […]
June 7, 2011

Philadelphia Real Estate Listing Agent AND Buyer’s Agent?

Listing Agent AND Buyer’s Agent? Listing Agents & Buying Agents: Do You Need a Listing Agent and Buying Agent? – Should One Agent Represent You to List and Buy? Because very few buyers and sellers really understand how real estate agents operate, a huge question that pops up over and over is: “How many agents do I need when listing […]
June 6, 2011

How To Do A Philadelphia Short Sale

How To Do a Philadelphia Short Sale Why Would a Lender Accept a Short Sale? A short sale in real estate is not always a pleasant transaction.  There are many ways to lose a home but signing away ownership in a manner that destroys credit, embarrasses the family and strips an owner of dignity is one of the hardest. For […]
June 6, 2011

Philadelphia Realtors and Philadelphia Real Estate Agents

Philadelphia Realtors and Philadelphia Real Estate Agents The Differences Between REALTORS & Real Estate Agents By Elizabeth Weintraub People use the terms REALTOR® and real estate agent interchangeably, but that is incorrect. There are differences between REALTORS® and real estate agents. They are not the same. Although both are licensed to sell real estate, the basic difference between a real […]
June 6, 2011

How to Choose a Philadelphia Real Estate Agent

How to Choose a Philadelphia Real Estate Agent by Elizabeth Weintraub- modified for Philadelphia Real Estate Market Smart consumers interview potential Philadelphia real estate agents before deciding on whom to hire. Just as you are sizing up the potential for a good fit, rest assured that the real estate agent will likely be interviewing you, too. Be wary of agents who […]