Deb Stanitz's Blog

Posted on 10/01/2020
What is "Subject-to" Real Estate?
Image by Ricarda Mölck from Pixabay If you've heard people talk about "subject-to" real estate, you might be curious what that means and if it would be a good investment for you. Briefly, "subject-to" real estate means you're buying the property but the loan on that property stays in the name of the existing seller. You're making your...
Buying A Home
Home Buyers
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Posted on 09/24/2020
Get the Most Out of Your Property Inspection
A home inspection is a valuable opportunity for a property buyer. If a homebuyer knows how to plan for an inspection, he or she should have no trouble getting the most out of this opportunity. Now, let's take a look at three tips to help you get ready for a home inspection. 1. Hire an Expert Home Inspector Not...
Home Inspection
Buying A Home
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Posted on 09/17/2020
The Dangers of Setting the Price Too High
Photo by Billion Photos via Shutterstock When homeowners start thinking about selling, the first thing they want to know is, “How much can I sell my house for?” Your real estate agent's task is determining the fair market value with a range of prices from low to high. The spread between the two values typical is not large...
Appraisal
Home Seller
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Posted on 09/10/2020
Mortgage Qualifications: FICO Score
Image by David Pereiras from Shutterstock Your FICO score is a key factor used to determine if you qualify for a mortgage. The Fair Isaac Corporation (FICO) is the creator of the most common credit score used by home loan providers. The algorithm used to create your score is a closely-guarded industry secret. But in general, it factors...
FICO Score
Credit Score
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Posted on 09/03/2020
How Much Time Should You Spend Searching for a House?
Generally, the length of the homebuying journey depends on the individual. In some instances, a buyer will purchase the first house that he or she views in-person. Or, in other cases, it may take a buyer several weeks or months to find a house that matches his or her expectations. There is no need to rush the homebuying journey....
Buying A Home
Buyer Tips
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Posted on 08/27/2020
The Perks of City Living
Photo by Thomas Le on Unsplash If you choose to live in a city, you’ll find a number of benefits to your location. Community: Most cities are densely populated and home to people from many different backgrounds. When you live in a location like this, you’re likely to find a community of folks who share similar interests and...
City
Benefits
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Posted on 08/20/2020
Perform an In-Depth Home Search
Conducting an in-depth home search may prove to be difficult, particularly for individuals with limited time and resources at their disposal. Fortunately, there are lots of things that you can do to streamline your home search and discover your ideal residence without delay. Now, let's take a look at three tips to help you seamlessly navigate the homebuying journey....
How To Search For A Home
Buying A Home
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Posted on 08/13/2020
How to Sell your Home to a Family Member or Friend -- Without Destroying the Relationship
Photo by fauxels from Pexels It sounds like it should make things easier -- selling your home to a friend or family member should be a breeze for both parties -- but in reality, a home sale can disrupt your relationship if you don't go about it the right way. With the exception of parent to child transfers...
Seller Tips
Home Sellers
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Posted on 09/25/2020
7900 Old York Road #503B, Elkins Park, PA 19027 now has a new price of $94,000!
Seller has agreed to close out the 2 years remaining on the assessment at settlement dramatically reducing the assoc fee. One level living in a condo as large as a single family home. Included is Concierge service, doorman, pool, fitness room and social room with none of the maintenance! You deserve to be pampered. This 5th floor, end unit, condo has high ceilings, wonderful, brilliant tree filtered, East facing light in every room and exposures to the East and South in the Master Bedroom and its adjoining bath. You enter your condo to the expanse of lovely vintage marble and tile in the foyer with a double coat closet fitted for...
Real Estate
Elkins Park
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Posted on 09/07/2020
2116 N Franklin Street, Philadelphia, PA 19122 is now new to the market!
Spacious Duplex only 3 blocks from Temple U main campus. Bilevel unit rented up to 8/2020 at $900/m and is electric baseboard heat. New construction duplex next door sold in March 2020 for $525K and gets $2,000/m, per unit in rent. New PVC roof in 2015 and freshly pointed exterior bricks 2017. The shed bathroom for the first floor unit needs to be rebuilt and the property is being sold As-Is-Where-Is. Cash in on this great location so close to Temple U and with loads of new construction all...
Real Estate
Philadelphia
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Posted on 08/13/2020
Video Tour - 8413 Anderson Street, Philadelphia, PA 19118
Artfully updated Chestnut Hill home on a quiet street, easily walkable to The Avenue shops, restaurants, and transit. Enter into a sun-filled sitting room with rough-sawn cedar walls, built-in bookcases, Pella wood casement windows, and custom designed stained glass. Sip your morning coffee while enjoying the view of this lovely neighborhood. Enter into the southwest-facing sun-room that gets plenty of sun in winter and the slate floor is warmed by electric radiant heat. The first floor has an open plan with Craftsman touches. The living room features built-in shelves and bookcases, original hardwood floors, and a gas fireplace. Stained...
Real Estate
Philadelphia
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