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All Tags » Chester County » homesreal estate Downingtown Exton Chester County buy sell (RSS)
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There are still plenty of bank owned properties on the market. But don't overlook other listings because anyone that has their home up for sale right now is motivated by something - possibly they are about to go to foreclosure themeselves. The bottom Read More...
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There is talk that there will be some changes, possibly elimination. of Fannie Mae and Freddie Mac within 3 years. This could, according to some, mean the end of the fixed rate mortgage in favor of adjustable mortgages. It is something to keep your eye Read More...
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When is the best time to buy? Keep an eye on the market in your area to see if prices are beginning to rise over a 2 or 3 month period. This should indicate that the market has bottomed and it may be time to buy in order to maximize equity in the future. Read More...
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Early next year I will be adding a feature that gives you a link to the same Multiple Listing Service that I use. This will allow you to search for homes anonymously. You will not have to provide any information about yourself but, of course, I will hope Read More...
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The economy is in trouble and unemployment just hit 9.8% - the highest in 7 months. For most people, this means you should lay low and not do anything in real estate unless you have to. But if you are in a secure position, there are plenty of great deals Read More...
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Enjoy the day, be thankful and don't forget our military around the world. Read More...
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Nationally, the inventory for homes for sale is at 11.1. This means that, if no new homes go on the market and home sales continue at the current rate, it would take 11.1 months to sell all of the homes currently for sale. This means 2 good things for Read More...
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The Federal Reserve is planning to dump $6B into our economy, which should cause mortgage rates to rise from the current 4.25%. Now could be the time to buy (if you don't have a home to sell). Please contact me if you are considering a purchase so Read More...
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People with good credit scores, no home to sell and enough funds for settlement costs can take advantage of a tremendous buyer's marekt. It is possible to save a lot of money right now because of record low mortgage rates (4.22%), home prices that Read More...
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It's October, so the Phillies must be starting the playoffs. They have made it for 4 straight years by winning the NL East. Bounced out in 3 games by Colorado in '07, winning their first World Series since 1980 in '08 and getting eliminated Read More...
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With interest rates arouond 4.5%, lots of homes on the market, sellers willing to make a deal and FHA mortgages requiring only 3.5% down, you would think this is a great time to buy a home. And it is, unless you are fearful that you might lose your job Read More...
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The Good: it's a great time to buy a home - prices are down, sellers are desperate and mortgage rates are at an all time low (around 4.2%). You can save thousands of dollars buying in this market. The Bad: mortgage money is harder to get, you may Read More...
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Don't forget to turn your clocks ahead this weekend. With the winter that we have had nationally, that will be a great feeling! Also, only 50 days left to qualify for the tax credits by having a signed agreement by April 30th. Let me know if I can Read More...
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There have been several recent changes in FHA loans, such as reducing the amount of seller assist that a buyer can get from 6% of the sale price to 3%. For information on other changes, please contact me. Read More...
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If you plan to take advantage of the $8000 first time buyer or $6500 current homeowner tax credits, you must have a completely executed agreement of sale by April 30th and have until June 30th to go to settlement. Please let me know if you have any questions Read More...
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