2009 November « The Philly Pretzel

Archive for November, 2009

Philly Mortgage Rate Update: November 30th 2009

November 30, 2009 at 6:35 pm · Filed under For Home Buyers, Mortgage

LET’S GIVE THANKS FOR GREAT RATES! Could they get any better? 15 Yr Fixed is the lowest since Freddie Mac began tracking rates in 1991.

Todays Mortgage Rates:

30 Yr Fixed – 4.5% (1 point) / 5.75% (0 points)

15 Yr Fixed – 4.125% (1 point) / 4.25% (0 points)

5 yr ARM – 3.625% (1 point) / 4% (0 points)

7 yr ARM – 4% (1 point) / 4.375% (0 points)

FHA 30 Yr Fixed – 4.5% (.25 point) / 4.75% (0 points)

FHA 5 yr ARM– 4.% (1 point) / 4.375% (0 points)

Investment – 5% (1 point) / 5.25% (0 points) – at least 25% down payment required

*Rates are based on 80% loan to value unless noted and 720+ credit score (with the exception of FHA) *Income and Asset verification required and must meet DTI guidelines *This is not a commitment to lend and other conditions may apply

Technorati: philly mortgage, mortgage market, carina marchese, center city mortgage company

APPLY FOR A MORTGAGE ONLINE

Brought to you by our favorite mortgage broker:

Carina Marchese
Center City Mortgage
267.238.5785

email Carina for today’s rate

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Home Buyer Tax Credit Extended and Expanded

November 20, 2009 at 10:05 am · Filed under For Home Buyers

PHILLY HOME BUYERS HERE ARE YOUR CLIFF NOTES:

FIND YOUR PHILLY HOME AND GET YOUR TAX CREDIT

Technorati: tax credit extended, 1st time home buyer, philly home buyer

janice_bovee-author posted by janice SEARCH the Philadelphia MLS. No Registration Required!

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Philadelphia Homebuyers Have 1 More Tool to Help Them Decide on Neighborhood

November 18, 2009 at 10:03 am · Filed under First Time Home Buyers, For Home Buyers, Relocating Buyers

Homebuyers ask us all the time about the amenities of a neighborhood and while we pride ourselves on knowing everything about the areas we sell once in a while we don’t know everything (hard to believe huh?) Walkshed Philadelphia allows users to input any address in the city and see the diversity of amenities within a one-mile radius.

Unlike WalkScore that measures the walkability of a neighborhood this site lets users prioritize the amenities they’d like to measure. Philadelphians and those that wish they were can score 19 different categories, ranging from a Philly CarShare pod, coffee shop, library, farmer’s market, and bus stops to tracking quality-of-life issues like instances of violent crime.

This is one more great tool for a well-informed buyers’ arsenal.

FIND YOUR PHILLY HOME

Technorati: philadelphia walkshed, philadelphia home buyers, relocating buyers, philly walkability

posted by janice SEARCH the Philadelphia MLS. No Registration Required!

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How to Sell your Philadelphia Home in 30 Days

November 16, 2009 at 8:44 am · Filed under For Home Sellers

IS IT TIME TO GET SERIOUS ABOUT YOUR HOUSE AND THE MARKET? Pricing your home right from the beginning is 90% of selling it in a timely manner and marketing is the other 10%.

Make no mistake…understanding what the right selling price is from the beginning affects your bottom line.

The market sets the value. The market is the market. Plan and simple.

The #1 Most Common Mistake in Selling a House

“Testing the waters” by pricing your home high at the beginning and reducing it a few weeks later when it hasn’t sold. This is a deadly mistake.
The very most important time in marketing your house is the first 30 days.

Overpricing:

Eliminates the number of potential buyers that see your home

Encourages buyers who are shopping by comparison

Lengthens marketing time, costing you more in mortgage payments, taxes and insurance

Overpricing can result in a lower selling price as buyers often see homes with numerous price reductions as “stale” and less desirable

Agents lose interest when they know a property is overpriced or worse yet they use your home to sell a similar home that is priced for less

GET HELP PRICING YOUR HOME RIGHT THE 1st TIME

Technorati: price your home to sell, philly home prices, sell your philly home

janice_bovee-author posted by janice SEARCH the Philadelphia MLS. No Registration Required!

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Public Service Announcement: Animal Rescue Needs Your Help

November 13, 2009 at 3:22 pm · Filed under YO Philly

PHILLY HOME BUYERS , SELLERS AND RAVING FANS…

GOT 15 SECONDS?

The Animal Rescue Site is having trouble getting enough people to click on it daily so they can meet their quota of getting FREE FOOD donated every day to abused and neglected animals. It takes less than a minute (about 15 seconds) to go to their site and click on the fund food for animals for free. This doesn’t cost you a thing.

Their corporate sponsors/advertisers use the number of daily visits to donate food to abandoned/neglected animals in exchange for advertising.

P.S. You can get on their mail list and they’ll send you a reminder email everyday that has the link in it. At the website, on the left side, click on ‘Daily Click Reminders’.