What is a Turnkey Property? Stephanie Somers Explains…
Come take a ride with Stephanie Somers and she'll explain what a turnkey property is, along with a peek at a ready-to-rock property for short sale in Northern Liberties.
Any questions? Ask Stephanie!
Related:
Tip Jar: To Sell or To Rent Your Property in 2012? Ask Stephanie!
Tip Jar: To Sell or To Rent Your Property in 2012? Ask Stephanie!
To Sell or Rent Your Property in 2012. That is the Question asked by Stephanie Somers.
Stephanie lets us take a peek of how she goes about determining the best strategy for her client. Stephanie is hands on and actually visits a home in Brewerytown.
This property is currently rented. The exterior 3 story home has a lot of original charm but has been greatly neglected as evidenced by the peeling paint and overall facade. After viewing the interior Stephanie explains that this 4 bedroom one bath home with tons of original details needs a lot of work. After going back to the office and crunching the numbers Stephanie comes to a conclusion. Market Value says it may be best for her client to rent the property for another year and reevaluate the market stats next year. Selling the home for a profit may not be possible in this market for this property.
What will you do with your home in 2012? Our tip? Ask Stephanie!
Philadelphia Home Buyers $8,000 Tax Credit and The End of the World?
Philadelphia Home Buyers, the $8,000 Tax Credit and The End of the World?
Alan Zibel of the National Associated Press recently reported how the $8,000 tax credit has driven the surge in home sales across the nation. In this article Stephanie Somers was quoted saying:
"It was like the end of the world, All the first-time buyers converged onto that one month." ~ Stephanie Somers
Here's the full article.
We have certainly seen this to be true in the Philadelphia Real Estate Market with an incredibly busy fall due to the $8,000 tax credit combined with record-low mortgage rates.
With April 30th as the new deadline, homebuyers will continue to benefit from these incentives helping to spur demand and sellers can look forward to getting their homes listed and sold in a realistic timeframe.
If you need further assistance in understanding how this homebuyers tax credit applies to you, need assistance in locating a new home or listing your home for sale, please contact The Somers Team today - we look forward to hearing from you and assisting you.
Related Blog Posts:
http://thesomersteam.activerain.com/channels/activerain/topics/tax_credit
http://thesomersteam.activerain.com/channels/activerain/topics/first_time_homebuyer_tax_credit
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