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When you need to sell, just call Raquel | Penn Liberty Real Estate | 1015 N. Marshall Street, Philadelphia, PA | Office: 215-922-7900

Browsing Posts tagged Philadelphia real estate

Offering a new home for sale in Frankford at 3259 Joyce Street. The home is on a friendly block, close to public transportation, and convenient to shopping and schools.

Now you can get the comforts of a twin for the price of a row! This is a very well maintained end-unit home with hardwood floors, updated kitchen and bath, spacious bedrooms, garage and a pool for summer comfort. Includes the refrigerator, washer, and dryer so you can move right in!

“Raquel is a fabulous agent. It was a pleasure working with her, and I was fully satisfied with her time and dedication that she put into with the process of purchasing my first new home. All my questions were answered and working with Raquel I had no worries. I recommend her to all those in the process of purchasing a home.” Nancy C., 3/5/2010 happy homebuyer

Somayra just closed on her first home yesterday, and she was gracious enough to film a short video about her experience. Check it out!

If you’re planning on buying a shortsale property, there are a few things you should keep in mind:

  • The property is owned by the seller, not by the bank. Many shortsale property listings will state that the offer is contingent upon third party or bank approval. This means that if the seller accepts your offer, then the bank still has to approve it. You cannot make an offer directly to the bank holding the mortgage on the property.
  • The seller decides whether or not they will accept your offer to proceed with a shortsale, not the bank. One element of a good shortsale offer is that it allows the bank to net as much money as possible. The seller is obligated to accept the best offer they can, so they won’t always sell at a lowball price.
  • Shortsales take time to process. The shortsale process involves more than just considering your offer. It also requires that the seller provide financial information to their bank, and often times multiple inspections of the property by another party are required. You should expect at least two months waiting/processing time until the bank makes a decision on your shortsale offer.

There are some to deals to be found with shortsale properties, but they require time and patience. Keep these tips in mind and you should have a smooth transaction.

Are you looking to sell your property via shortsale? Click here to get started.

Are you interested in buying a shortsale property? Contact me to schedule your consultation.

1421 N. 4th Street, Philadelphia, PA 19122

Available for $1,400/month

Step into a home that has been completely redone from top to bottom: gleaming hardwood floors, recessed lighting, stainless steel appliances, three spacious bedrooms, two full baths, deck, fenced-in backyard and semi-finished basement. Easy access to Temple University, public transportation, shopping and major highways. Plenty of free parking available. View additional pictures and schedule your private showing here.

4043 Markland Street, Philadelphia, PA 19124

Offered at $94,900

Take a look at this very well maintained townhouse in Juniata featuring a newly renovated kitchen with stainless steel appliances, wood floors, newly renovated bathroom, garage and much more. View additional pictures and schedule a private showing here.

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