Archive for admin
Easton Terrace plan gets OK
Easton’s Planning Commission gave preliminary approval during a special meeting Wednesday night for the Easton Housing authority’s estimated $73 million project. The authority will raze 250 apartments and build 144 units — single family homes, townhouses, twins, duplexes and cottages for senior citizens. Forty-eight of the new units are designated for sale and the rest [...]
20Jul2008 | admin | 0 comments | Continued
Wal-Mart complex on 309 OK’d
A plan for a Wal-Mart and four other stores in Schnecksville was approved Wednesday by North Whitehall township supervisors on the condition the developer first check for chemical contamination on the site. Supervisors voted unanimously affirming that Wal-Mart Stores East, owner of the 40-acre site along Route 309, could use the land for a planned [...]
20Jul2008 | admin | 0 comments | Continued
Real Estate transfer tax revenue down
In a recent Morning Call letter to the editor, LVAR (Lehigh Valley Association of Realtors) expressed frustration with government officials continued reliance on the real estate transfer tax (PA recieve 2% on every Lehigh Valley Real Estate Transaction, buyer and seller each pay 1%). Municipalities that were once booming with residential development are seeing the effects [...]
20Jul2008 | admin | 0 comments | Continued
U.S. Senate Passes Housing Stimulus Bill
The U.S. Senate passed a bipartisan mortgage rescue bill last Friday that allows the Federal Housing Administration to refinance troubled mortgages – even those that are under water – as long as banks agree to take a loss. The program would allow the FHA to help as many as 400,000 home owners. Now the bill [...]
20Jul2008 | admin | 0 comments | Continued
Rendell vetoes spot assessments bills
The victory for REALTOR® and real estate consumers was short lived as Governor Ed Rendell vetoed legislation aimed at protecting consumers from spot reassessments. Despite the overwhelming bipartisan support in both houses of the legislature. LVAR (Lehigh Valley Association of Realtors) issued a press release expressing our disappointment with the Governor’s decision. LVAR will continue [...]
20Jul2008 | admin | 0 comments | Continued
Do You Have A Buyers Agent?
What is a buyers agent? why do I need to have one? and how do I get one? These are the questions you need to ask yourself if are looking to purchase real estate here in the Lehigh Valley.
The first time you meet with an agent, even if its looking at a property, they should present [...]
Bank Owned Foreclosures – Lehigh Valley 7/1
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Bank Owned Foreclosure Listings 7/1/08
301559 Available $144,900 S Wood St Allentown City PA 18103
Bank owned property * ADDENDUMS ARE NOT AVAILABLE YET. No verbal offers * City of Allentown inspection on line *AS IS* 3 Bedrooms * 1 1/2 bath * Tile & hardwood floors * Big back yard * 1 car garage * Fireplace LL * Foreclosure * [...]
Rates Are Going Back Up!
Just a few short weeks ago mortgage rates were still dropping and even people with less than perfect credit could buy a home here in the Lehigh Valley for just over 6%. Persons with strong credit scores (over 650) were getting 30 year fixed rate loans for 5.5 – 5 3/4%. But those days are [...]
25Jun2008 | admin | 0 comments | Continued
Featured Listings
Here are the Featured MLS Listings for the Lehigh Valley. They are sorted by price, highest to lowest. Use the naviagation to change the sorting order or start a new search.
To view more Lehigh Valley MLS Listings, Schedule Showings, or get more info please visit GoValleyHomeFinder.com
24Jun2008 | admin | 0 comments | Continued
Lehigh Valley Short Sales and Pre-Foreclosures
So what exactly is a shot sale anyway? A short sale is when a home is in pre-foreclosure and the bank allows the owner to list the home with a Realtor and try to sell the home and avoid foreclosure. In most cases it is being sold for less than what is owed to the bank. The [...]
9Jun2008 | admin | 0 comments | Continued
UPDATE:
YES, you can use Part of the $8,000 Tax Credit to buy your new home. Very few banks are doing ...