Wyndham Hills Real Estate Activity Report
Real Estate activity for Wyndham Hills, York, PA for the peiod of January 1st through November 30, 2009
Active Listings - Total currently listed 10
Least expensive home on the market is located at 1290 Grantley Rd at $269,900. The most expensive is $1,185,000 located at 900 Oakdale Rd. The median price is $507,450 and the average days a property has been on the market is 116.
Sold Listings - 8 sold
The least expensive was located at 850 Grantley Court, York at the price of $432,000. The most expensive home located at 1780 S Wyndham Dr, York sold for $1,050,000. The median price for those homes sold was $580,000, and the average days the homes were on the market was 136 days.
If you have an area anywhere in York County you would like to have a market update on a regular basis don't hesitate to contact us at Professional Realty Associates and the Pilgrim Team. We are here to serve you.
Thursday, December 10, 2009
Tuesday, November 24, 2009
Reasons Why You Should Call The Pilgrim Team at Professional Realty Associates
It's not the same old real estate market anymore. These days, it's faster, more complex and more competitive in every way.
Homebuyers shop the Internet. Offers arrive by cellular phone. On-line mortgage companies make it possible to obtain pre-approved financing right in the privacy of your own living room.
In today’s rapidly changing market, Jerry and "The Pilgrim Team" stay on the cutting edge of internet marketing and current market trends to do the best job for their clients. In this fast paced world, it seems that receiving "Good Old Fashioned Quality Service" is becoming a thing of the past. However, here at The Pilgrim Team we believe our clients deserve the best service they can provide.
"CERTIFIED DISTRESSED PROPERTY EXPERT" The real estate market today has caused a great deal of hardship for every 6 out of 100 home owners. Pre-foreclosures and foreclosures have become commonplace in our neighborhoods. As a Certified Distressed Property Expert®, I can help. There are options available when it comes to foreclosure, very few people know exactly what to do or where to go! Whether it be refinance options, loan modification, or short sale Jerry can help you and your family.
What is a Certified Residential Specialist?
A Certifieid Residential Specialist is a REALTOR who has earned certification from the Council of Residential Specialists by completing a rigorous course of advanced training, and by meeting significant experience requirements.
Relocation
The Pilgrim Team also specialises in relocation to York County. If you are interested in receiving our relocation book, which is full of valuable information about York County, please give us a call at (717) 757-5955 or visit http://www.PilgrimTeam.com/
Homebuyers shop the Internet. Offers arrive by cellular phone. On-line mortgage companies make it possible to obtain pre-approved financing right in the privacy of your own living room.
In today’s rapidly changing market, Jerry and "The Pilgrim Team" stay on the cutting edge of internet marketing and current market trends to do the best job for their clients. In this fast paced world, it seems that receiving "Good Old Fashioned Quality Service" is becoming a thing of the past. However, here at The Pilgrim Team we believe our clients deserve the best service they can provide.
"CERTIFIED DISTRESSED PROPERTY EXPERT" The real estate market today has caused a great deal of hardship for every 6 out of 100 home owners. Pre-foreclosures and foreclosures have become commonplace in our neighborhoods. As a Certified Distressed Property Expert®, I can help. There are options available when it comes to foreclosure, very few people know exactly what to do or where to go! Whether it be refinance options, loan modification, or short sale Jerry can help you and your family.
What is a Certified Residential Specialist?
A Certifieid Residential Specialist is a REALTOR who has earned certification from the Council of Residential Specialists by completing a rigorous course of advanced training, and by meeting significant experience requirements.
Relocation
The Pilgrim Team also specialises in relocation to York County. If you are interested in receiving our relocation book, which is full of valuable information about York County, please give us a call at (717) 757-5955 or visit http://www.PilgrimTeam.com/
Harvest Your Gratitude This Thanksgiving!
A Happy Thanksgiving of Gratitude! Gratitude is an Attitude...
Do you wait until Thanksgiving Day or Christmas to thank those that you love and those that have helped you? It is important to spend time during these special holidays to be thankful. However, it shouldn't be the only time you demonstrate your love and appreciation to others.
Here in York County Pennsylvania you should have no problem thinking of ones to thank on a daily or weekly basis. What can be done to help others this Thanksgiving?
If you need some ideas, here are some to get you thinking:
* The economy has affected many families this holiday season, donate non perishables to a local food bank, or donate your grocery store free turkey for those less fortunate. Invite a family less fortunate into your home and share your meal with them. Better yet invite someone who is alone to enjoy the holidays with your family. Do you have extra coats? You can donate them too.
* The Pilgrim Team is proud to sponsor the U.S. Marine Corps Reserves Toys for Tots Program again this year! We will be accepting donations for needy children at our office 3921 E. Market St York, PA. We are starting our toy drive early this year, because now more than ever there is a need to help out the families of less fortunate children have a great Christmas. In addition The Pilgrim Team is Happy to donate their moving truck to help distribute the toys.
* Your appreciation may have more of an impact when it is done at an unexpected time. Giving thanks during the holidays can be somewhat expected. Surprise someone by showing your gratitude when it is least expected and it will be remembered for a long time.
* Your notes and thoughtful comments won't get diluted by those from others trying to catch up for the past year on their thanks.
* True gratitude involves action. Lend a hand, Pitch in, Volunteer, Thank a Veteran or a Solder overseas, Make a gift, Give your time, or just listen. Give back as often as you can.
Giving thanks doesn't just benefit the other person. You will receive benefits from doing it as well. You will begin to feel happier and more relaxed. In fact, it has been proven in studies that being grateful can have a positive effect on your health. It can reduce your stress and boost your immune system.
Christmas is important. Easter is important. Halloween is important for the kids. But for our own personal happiness, there is nothing like a truly heartfelt Thanksgiving. Why wouldn't you look for every opportunity to show your thankfulness to others? Don't wait for a holiday before you look for opportunities to show your gratitude. Give thanks on a regular basis throughout the year.
Make every day Thanksgiving Day in 2009!
Feeling gratitude and not expressing it is like wrapping a present and not giving it --William Arthur Ward
Here in York County Pennsylvania you should have no problem thinking of ones to thank on a daily or weekly basis. What can be done to help others this Thanksgiving?
If you need some ideas, here are some to get you thinking:
* The economy has affected many families this holiday season, donate non perishables to a local food bank, or donate your grocery store free turkey for those less fortunate. Invite a family less fortunate into your home and share your meal with them. Better yet invite someone who is alone to enjoy the holidays with your family. Do you have extra coats? You can donate them too.
* The Pilgrim Team is proud to sponsor the U.S. Marine Corps Reserves Toys for Tots Program again this year! We will be accepting donations for needy children at our office 3921 E. Market St York, PA. We are starting our toy drive early this year, because now more than ever there is a need to help out the families of less fortunate children have a great Christmas. In addition The Pilgrim Team is Happy to donate their moving truck to help distribute the toys.
* Your appreciation may have more of an impact when it is done at an unexpected time. Giving thanks during the holidays can be somewhat expected. Surprise someone by showing your gratitude when it is least expected and it will be remembered for a long time.
* Your notes and thoughtful comments won't get diluted by those from others trying to catch up for the past year on their thanks.
* True gratitude involves action. Lend a hand, Pitch in, Volunteer, Thank a Veteran or a Solder overseas, Make a gift, Give your time, or just listen. Give back as often as you can.
Giving thanks doesn't just benefit the other person. You will receive benefits from doing it as well. You will begin to feel happier and more relaxed. In fact, it has been proven in studies that being grateful can have a positive effect on your health. It can reduce your stress and boost your immune system.
Christmas is important. Easter is important. Halloween is important for the kids. But for our own personal happiness, there is nothing like a truly heartfelt Thanksgiving. Why wouldn't you look for every opportunity to show your thankfulness to others? Don't wait for a holiday before you look for opportunities to show your gratitude. Give thanks on a regular basis throughout the year.
Make every day Thanksgiving Day in 2009!
Feeling gratitude and not expressing it is like wrapping a present and not giving it --William Arthur Ward
Is now the time to Sell and Buy your next home in York PA
I'm often asked if this is a good time to buy or sell a home here in York, PA. Some of my clients are concerned that home prices may fall further than they already have. They are assuming that the best course of action is to wait for the bottom in the market and then buy a home here in York at that time. The problem with this approach is that you don't know where the bottom is until after you passed it it is like looking in the rear view mirror, meaning until you've missed it!
Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have held fairly steady the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!
While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.
Please give me a call me Jerry Pilgrim if I can be of any assistance in determining how much home you can afford in today's market. Visit me at www.PilgrimTeam.com
Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have held fairly steady the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!
While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.
Please give me a call me Jerry Pilgrim if I can be of any assistance in determining how much home you can afford in today's market. Visit me at www.PilgrimTeam.com
Monday, November 23, 2009
Stewartstown Station Real Estate Statistics
is this the housing statistic actiivity since Jan 1st 2009 in the sub-division known as Stewartstown Station in York County PA. It is located just outside of Stewartstown, PA and located within the Southeatern School District.
Current "active listings" as of November 23rd - 4 homes are listed begiining at $244,900 and the top price os $289,900.
Homes that have sold as of th 1st of 2009:
14 homes have had the deeds transferred, sold prices ranged from $169,900 to $300,000.
If you compare this year statistics to the same time period in 2008 you will find that 7 homes sold that year from $229,900 to a high of $305,000.
Current "active listings" as of November 23rd - 4 homes are listed begiining at $244,900 and the top price os $289,900.
Homes that have sold as of th 1st of 2009:
14 homes have had the deeds transferred, sold prices ranged from $169,900 to $300,000.
If you compare this year statistics to the same time period in 2008 you will find that 7 homes sold that year from $229,900 to a high of $305,000.
Thursday, November 19, 2009
Haines Acres Home Sales Statistics
Below are the current Homes for sale in york pa that have either been sold, pending or are currently active in the Haines Acres Neighborhod. The date range begins May 1st thru November 19, 2009. The statistics have gome from the Realtors Assocaiation of York and Adams Counties.
LIST PRICE:
SOLD PRICE:
DOM:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$389,900 $55,000 $200,873 $176,250 $7,030,562
$285,000 $147,500 $202,845 $188,450 $4,056,900 35
336 1 82 40
Appraiser Spreadsheet
MLS # StatusType Schl Dist Address City BRFBHBTtl Fin SF Tot Acre L/P S/P ClsPdBySlrDOM
20906351 PND DET York Suburban 730 Edgewood Rd York 2 0 0 735 0.260000 $55,000 156
20907560 SOLD DET York Suburban 1021 Sundale Dr York 3 1 1 1449 0.231400 $157,900 $147,500 35
20908696 SOLD DET York Suburban 2465 Cambridge Road York 3 1 0 1962 0.206600 $149,900 $148,000 3000.00 61
20904832 SOLD DET York Suburban 212 Greystone Road York 3 1 0 1260 0.143500 $152,400 $149,500 0.00 55
20902035 SOLD DET York Suburban 901 HAINES ROAD YORK 4 2 0 2174 0.354100 $159,900 $154,900 3199.91 145
20814023 SOLD DET York Suburban 2479 Auburn Road York 3 1 0 1513 0.330600 $159,000 $157,000 5000.00 201
20905227 SOLD DET York Suburban 2478 Crystal Lane York 3 1 1 1391 0.198300 $163,000 $158,000 108
20909307 SOLD DET York Suburban 2570 Raleigh Drive York 3 1 1 1992 0.212000 $157,900 $160,000 6100.00 23
20910223 PND DET York Suburban 501 Erlen Drive York 3 2 0 1952 0.234200 $162,500 37
20911516 PND DET York Suburban 2545 AUBURN ROAD YORK 3 1 0 1618 0.220000 $162,900 4
20903782 SOLD DET York Suburban 2456 Bradford Drive York 3 2 0 1716 0.206600 $165,000 $165,000 7500.00 5
20812788 PND DET York Suburban 2512 Brighton Drive York 4 2 0 2548 0.248000 $165,512 297
20911688 ACT DET York Suburban 2661 Cambridge Rd York 4 2 0 1302 0.213500 $169,900 30
20910627 PND DET York Suburban 970 Sundale Drive York 3 1 1 1391 0.247900 $169,900 15
20912395 ACT DET York Suburban 2800 Eastwood Drive York 4 2 0 1911 0.247700 $174,900 10
20911884 ACT DET York Suburban 2456 Wharton Road York 3 1 1 1580 0.214600 $174,900 24
20910982 PND DET York Suburban 2457 Eastwood Dr York 3 1 1 1963 0.217200 $174,900 32
20911698 ACT DET York Suburban 550 Sundale Drive York 3 2 0 1674 0.239700 $176,250 30
20911404 PND DET York Suburban 480 Ardmore Lane York 4 2 1 2332 0.300000 $179,900 8
20906140 ACT DET York Suburban 2464 Schoolhouse Lane York 3 1 1 1957 0.212100 $179,900 177
20906101 SOLD DET York Suburban 770 Erlen Drive York 3 1 1 2323 0.234200 $187,900 $184,000 336
20906433 SOLD DET York Suburban 3230 Dorsett Lane York 3 2 0 1644 0.300000 $184,900 $184,900 23
20909421 SOLD DET York Suburban 491 Maywood Road York 4 1 1 1726 0.288500 $214,900 $192,000 14
20911514 ACT DET York Suburban 2541 Raleigh Dr York 3 2 0 1444 0.200000 $199,500 40
20907546 SOLD DET York Suburban 445 Ivory Road York 3 2 1 1659 0.260000 $214,900 $214,900 21
20903393 SOLD DET York Suburban 2965 FORREST LANE YORK 4 2 1 2647 0.270000 $249,900 $235,000 0.00 57
20903952 SOLD DET York Suburban 2870 Forrest Lane York 3 2 0 2677 0.276100 $249,900 $249,000 1
20814040 SOLD DET York Suburban 2 Hunting Park Court York 3 2 1 2609 0.650500 $249,900 $249,900 7497.00 177
20902130 SOLD DET York Suburban 510 Ardmore Lane York 4 2 1 2674 0.266400 $277,900 $250,000 173
20908262 SOLD DET York Suburban 730 Plymouth Rd. York 4 2 1 2721 0.266900 $259,900 $252,500 51
20909067 SOLD DET York Suburban 520 Ardmore Lane York 4 3 1 2780 0.267000 $259,900 $259,900 5000.00 15
20903877 SOLD DET York Suburban 830 PINEHURST ROAD YORK 5 2 2 3368 0.378700 $259,900 $259,900 10000.00 114
20900679 SOLD DET York Suburban 990 Melrose Lane York 3 2 0 2254 0.315000 $299,900 $285,000 116
20905950 ACT DET York Suburban 3220 Forrest Lane York 5 2 1 2875 0.264500 $319,900 175
20908669 ACT DET York Suburban 3280 Forrest Lane York 4 3 1 4313 0.676000 $389,900 108
Disclaimer
This information is deemed reliable, but not guaranteed
LIST PRICE:
SOLD PRICE:
DOM:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$389,900 $55,000 $200,873 $176,250 $7,030,562
$285,000 $147,500 $202,845 $188,450 $4,056,900 35
336 1 82 40
Appraiser Spreadsheet
MLS # StatusType Schl Dist Address City BRFBHBTtl Fin SF Tot Acre L/P S/P ClsPdBySlrDOM
20906351 PND DET York Suburban 730 Edgewood Rd York 2 0 0 735 0.260000 $55,000 156
20907560 SOLD DET York Suburban 1021 Sundale Dr York 3 1 1 1449 0.231400 $157,900 $147,500 35
20908696 SOLD DET York Suburban 2465 Cambridge Road York 3 1 0 1962 0.206600 $149,900 $148,000 3000.00 61
20904832 SOLD DET York Suburban 212 Greystone Road York 3 1 0 1260 0.143500 $152,400 $149,500 0.00 55
20902035 SOLD DET York Suburban 901 HAINES ROAD YORK 4 2 0 2174 0.354100 $159,900 $154,900 3199.91 145
20814023 SOLD DET York Suburban 2479 Auburn Road York 3 1 0 1513 0.330600 $159,000 $157,000 5000.00 201
20905227 SOLD DET York Suburban 2478 Crystal Lane York 3 1 1 1391 0.198300 $163,000 $158,000 108
20909307 SOLD DET York Suburban 2570 Raleigh Drive York 3 1 1 1992 0.212000 $157,900 $160,000 6100.00 23
20910223 PND DET York Suburban 501 Erlen Drive York 3 2 0 1952 0.234200 $162,500 37
20911516 PND DET York Suburban 2545 AUBURN ROAD YORK 3 1 0 1618 0.220000 $162,900 4
20903782 SOLD DET York Suburban 2456 Bradford Drive York 3 2 0 1716 0.206600 $165,000 $165,000 7500.00 5
20812788 PND DET York Suburban 2512 Brighton Drive York 4 2 0 2548 0.248000 $165,512 297
20911688 ACT DET York Suburban 2661 Cambridge Rd York 4 2 0 1302 0.213500 $169,900 30
20910627 PND DET York Suburban 970 Sundale Drive York 3 1 1 1391 0.247900 $169,900 15
20912395 ACT DET York Suburban 2800 Eastwood Drive York 4 2 0 1911 0.247700 $174,900 10
20911884 ACT DET York Suburban 2456 Wharton Road York 3 1 1 1580 0.214600 $174,900 24
20910982 PND DET York Suburban 2457 Eastwood Dr York 3 1 1 1963 0.217200 $174,900 32
20911698 ACT DET York Suburban 550 Sundale Drive York 3 2 0 1674 0.239700 $176,250 30
20911404 PND DET York Suburban 480 Ardmore Lane York 4 2 1 2332 0.300000 $179,900 8
20906140 ACT DET York Suburban 2464 Schoolhouse Lane York 3 1 1 1957 0.212100 $179,900 177
20906101 SOLD DET York Suburban 770 Erlen Drive York 3 1 1 2323 0.234200 $187,900 $184,000 336
20906433 SOLD DET York Suburban 3230 Dorsett Lane York 3 2 0 1644 0.300000 $184,900 $184,900 23
20909421 SOLD DET York Suburban 491 Maywood Road York 4 1 1 1726 0.288500 $214,900 $192,000 14
20911514 ACT DET York Suburban 2541 Raleigh Dr York 3 2 0 1444 0.200000 $199,500 40
20907546 SOLD DET York Suburban 445 Ivory Road York 3 2 1 1659 0.260000 $214,900 $214,900 21
20903393 SOLD DET York Suburban 2965 FORREST LANE YORK 4 2 1 2647 0.270000 $249,900 $235,000 0.00 57
20903952 SOLD DET York Suburban 2870 Forrest Lane York 3 2 0 2677 0.276100 $249,900 $249,000 1
20814040 SOLD DET York Suburban 2 Hunting Park Court York 3 2 1 2609 0.650500 $249,900 $249,900 7497.00 177
20902130 SOLD DET York Suburban 510 Ardmore Lane York 4 2 1 2674 0.266400 $277,900 $250,000 173
20908262 SOLD DET York Suburban 730 Plymouth Rd. York 4 2 1 2721 0.266900 $259,900 $252,500 51
20909067 SOLD DET York Suburban 520 Ardmore Lane York 4 3 1 2780 0.267000 $259,900 $259,900 5000.00 15
20903877 SOLD DET York Suburban 830 PINEHURST ROAD YORK 5 2 2 3368 0.378700 $259,900 $259,900 10000.00 114
20900679 SOLD DET York Suburban 990 Melrose Lane York 3 2 0 2254 0.315000 $299,900 $285,000 116
20905950 ACT DET York Suburban 3220 Forrest Lane York 5 2 1 2875 0.264500 $319,900 175
20908669 ACT DET York Suburban 3280 Forrest Lane York 4 3 1 4313 0.676000 $389,900 108
Disclaimer
This information is deemed reliable, but not guaranteed
Wednesday, November 11, 2009
Help Others Have a Merry Christmas!!
44 days and counting! Are you ready for all the holiday shopping? Please don't forget the Toys for Tots Program this year when you are looking over you list. At Professional Realty Associates located at 3921 East Market Street, the Pilgrim Team has a drop off box to collect any new toys you would like to donate to less fortunate children. This is a very worthwhile project and I know it would make your heart feel warm, and it would especially warm the hearts of all the youngsters who receive these gifts on Christmas morning! You can visit the Pilgrim Team website at http://www.pilgrimteam.com/ for more information. Have a happy holiday season!
Thank a Veteran Today!
Honor those who fought for us and those who served our country!
Take the time to "Thank a vet" for their patriotic sacrifice for country.
So remember each time you see someone who has served our country. When you see one just lean over and say Thank You.
That's all most people need, and in most cases it will mean more than any medals they could have been awarded or were awarded.
Two little words that mean a lot, "THANK YOU".
As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them. ~John Fitzgerald Kennedy
Take the time to "Thank a vet" for their patriotic sacrifice for country.
So remember each time you see someone who has served our country. When you see one just lean over and say Thank You.
That's all most people need, and in most cases it will mean more than any medals they could have been awarded or were awarded.
Two little words that mean a lot, "THANK YOU".
As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them. ~John Fitzgerald Kennedy
Sunday, November 08, 2009
Home Sales in York CentralSchool District
RESIDENTIAL/FARMS
Detached
Central
20903028 3304 Stone Ridge Road $99,900 $101,000 101% 174
20908359 962 WILLOW RIDGE DRIVE $248,000 $250,000 101% 40
20908610 727 N GEORGE STREET $109,900 $99,900 91% 26
20908987 235 Edgewood Rd $149,900 $155,000 103% 7
20910148 2925 Meadowbrook Blvd $140,000 $140,000 100% 7
20910785 2520 Mt. Zion Road $89,900 $89,900 100% 14
Totals $837,600 $835,800 100% 45
Semi-Detached
Central
20907476 1207 N DUKE ST. $119,000 $99,500 84% 78
20909722 26 E EIGHTH AVENUE $75,900 $74,900 99% 30
Totals $194,900 $174,400 89% 54
Condo/Townhouse
Central
20814291 68 Lexton Drive $110,000 $99,000 90% 244
20906825 3628 Pleasant Valley Road $159,900 $148,000 93% 73
20907359 1683 Long Drive $79,900 $77,900 97% 350
20907379 336 BRUAW DR $149,900 $119,900 80% 50
Totals $499,700 $444,800 89% 179
Detached
Central
20903028 3304 Stone Ridge Road $99,900 $101,000 101% 174
20908359 962 WILLOW RIDGE DRIVE $248,000 $250,000 101% 40
20908610 727 N GEORGE STREET $109,900 $99,900 91% 26
20908987 235 Edgewood Rd $149,900 $155,000 103% 7
20910148 2925 Meadowbrook Blvd $140,000 $140,000 100% 7
20910785 2520 Mt. Zion Road $89,900 $89,900 100% 14
Totals $837,600 $835,800 100% 45
Semi-Detached
Central
20907476 1207 N DUKE ST. $119,000 $99,500 84% 78
20909722 26 E EIGHTH AVENUE $75,900 $74,900 99% 30
Totals $194,900 $174,400 89% 54
Condo/Townhouse
Central
20814291 68 Lexton Drive $110,000 $99,000 90% 244
20906825 3628 Pleasant Valley Road $159,900 $148,000 93% 73
20907359 1683 Long Drive $79,900 $77,900 97% 350
20907379 336 BRUAW DR $149,900 $119,900 80% 50
Totals $499,700 $444,800 89% 179
York PA Shortsales and Foreclosures
Hi Everyone,
It's that time of year again, and even I'm planning some travel and setting my affairs in order for the next few months. I hope you and your family are happy and healthy headed into the end of the year, and I look forward to catching up soon.
But I'm finding this time of year is also proving difficult for a lot of people in our community who are upside-down on their mortgages in York PA and surrunding area's and don’t know what to do. I'm seeing it often lately, and in these cases I'm also finding a lack of good information.
This is why I became a Certified Distressed Property Expert. I want to make sure the people of our community have the right facts to make the right decision for their individual situations. And to help, I made this website dedicated to the issues affecting distressed homeowners, and the solutions available to them:
http://yorkshortsales.com/
Download my free report on the myths concerning short sales. Because in reality, a short sale could be the best solution for a homeowner in trouble. Use this report to gain insight on your situation, or to help someone you know. Don't let your path to a stable financial future get derailed by a myth.
Feel free to contact me to learn more about this or just to talk ... either way it would be great to hear from you.
Sincerely yours,
Jerry Pilgrim
Professional Realty Associates
The Pilgrim Team
It's that time of year again, and even I'm planning some travel and setting my affairs in order for the next few months. I hope you and your family are happy and healthy headed into the end of the year, and I look forward to catching up soon.
But I'm finding this time of year is also proving difficult for a lot of people in our community who are upside-down on their mortgages in York PA and surrunding area's and don’t know what to do. I'm seeing it often lately, and in these cases I'm also finding a lack of good information.
This is why I became a Certified Distressed Property Expert. I want to make sure the people of our community have the right facts to make the right decision for their individual situations. And to help, I made this website dedicated to the issues affecting distressed homeowners, and the solutions available to them:
http://yorkshortsales.com/
Download my free report on the myths concerning short sales. Because in reality, a short sale could be the best solution for a homeowner in trouble. Use this report to gain insight on your situation, or to help someone you know. Don't let your path to a stable financial future get derailed by a myth.
Feel free to contact me to learn more about this or just to talk ... either way it would be great to hear from you.
Sincerely yours,
Jerry Pilgrim
Professional Realty Associates
The Pilgrim Team
Friday, November 06, 2009
Home Buyer Tax Credit Extended with Changes
This is what I just received from NAR.
Charles McMillan, 2009 NAR President
As of today – Thursday, November
– that bill has passed and will be sent to President Obama for his signature.
We have posted a side-by-side comparison of the changes on Realtor.org. Let me summarize the changes quickly now:
When the President signs the bill, the expiration date for the credit will move to April 30, 2010.
First-time buyers who have not had interest in a principle residence for three years are still eligible, and the maximum amount remains the same – $8,000 for married couples, $4,000 for those filing separately.
Current homeowners, who have consecutively maintained the home they want to sell as their primary residence for five of the last eight years, are also eligible. However, the maximum amount for those homeowners is lower: $6,500 for married couples and $3,200 for those filing separately.
The tax credit may not used to purchase a home for more than $800,000. All buyers who want to get the credit must include documentation of the purchase on their tax returns.
Charles McMillan, 2009 NAR President
As of today – Thursday, November
– that bill has passed and will be sent to President Obama for his signature.
We have posted a side-by-side comparison of the changes on Realtor.org. Let me summarize the changes quickly now:
When the President signs the bill, the expiration date for the credit will move to April 30, 2010.
First-time buyers who have not had interest in a principle residence for three years are still eligible, and the maximum amount remains the same – $8,000 for married couples, $4,000 for those filing separately.
Current homeowners, who have consecutively maintained the home they want to sell as their primary residence for five of the last eight years, are also eligible. However, the maximum amount for those homeowners is lower: $6,500 for married couples and $3,200 for those filing separately.
The tax credit may not used to purchase a home for more than $800,000. All buyers who want to get the credit must include documentation of the purchase on their tax returns.
Tuesday, November 03, 2009
Toys for Tots Drive
The Pilgrim Team is is proud to sponser Toys for Tots as a drop off location again this year! We will be accepting donations for needy children at our office below. We are starting our toy drive early this year, because more than ever there is a need to help out the families of less fortunate children have a great christmas. In addition The Pilgrim Team is Happy to donate their moving truck to help distribute the toys.
Toys For Tots Drop off Location
Professional Realty Associates
3921 E. Market Street York, PA 17402 757-5955 is supporting the U.S. Marine Corps Reserves Toys For Tots Program again this year!
Help us support them by bringing new unwrapped toys.
Monday thru Friday 9am - 5pm thru Dec at the above location.
Make a child Smile This Holiday Season!
http://www.PilgrimTeam.com/
Toys For Tots Drop off Location
Professional Realty Associates
3921 E. Market Street York, PA 17402 757-5955 is supporting the U.S. Marine Corps Reserves Toys For Tots Program again this year!
Help us support them by bringing new unwrapped toys.
Monday thru Friday 9am - 5pm thru Dec at the above location.
Make a child Smile This Holiday Season!
http://www.PilgrimTeam.com/
Thursday, October 29, 2009
Learn the Truth about Short Sales
Thursday, October 29, 2009
by The Pilgrim Team, York, PA
Short Sale Myths
A short sale can be an excellent solution for homeowners who must sell and owe more on their Homes for sale in york pa than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of this process should you find it meets your current needs.
Myth #1 - The Bank Would Rather Foreclose than Bother with a Short Sale
The qualifications for a short sale include:This is one of the most common misconceptions. The reality is that banks do not want to foreclose on your property because the foreclosure process is incredibly costly. Banks, investors, and even the federal government have all publicly stated that if a person is qualified for a short sale, the deal needs to be considered. Overwhelmingly, banks receive more on their investment through a short sale than a foreclosure.
1. Financial hardship- There is a situation causing you to have trouble affording your mortgage.
2. Monthly Income Shortfall - "You have more month than money." A lender will want to see thatyou cannot afford, or soon will not be able to afford your mortgage.
3. Insolvency - The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.
Myth #2 -You Must Be Behind on Your Mortgage to Negotiate a Short Sale
While this may have previously been the case, today lenders are looking for verifiable hardship, monthly cash flow shortfall, or pending shortfall and insolvency.
If you meet these three requirements and believe that you soon may be unable to afford your mortgage, act immediately. Any delay could limit your options. Do not wait until the countdown clock to foreclosure has started and you have even less time left.
Myth #3 - There,is Not Enough Time to Negotiate a Short Sale Before My Foreclosure
This is a myth that probably hurts homeowners the most. Many do not realize that foreclosure is a process, and that there is time to make decisions that may result in better outcomes.
The foreclosing party-in most cases a lender--can stall a foreclosure up to the final day of the process. Today, many lenders will stall a foreclosure with as little as a phone call from you explaining that you are trying to sell, and almost all lenders will stall a foreclosure with a legitimate contract. For real estate professionals who understand foreclosures and short sales, there is time available until the foreclosure process is complete.
Myth #4 - Listing My Home as a Short Sale is an Embarrassment
It is understandable to have reservations about letting the world know that you owe more on your home than it is worth. However, according to recent estimates, one out of five homeowners in theU.S. is in the same situation. You are to be congratulated for admitting you need help, taking action, and finding a professional who can work with you toward a solution.
With recent estimates showing 40-60% of U.S. sales will be short sales or foreclosures, you are not alone.
Myth #5 - Short Sales are Impossible and Never Get Approved
This is a complete falsehood. Are short sales more difficult to execute? Yes. Do you, as a homeowner, need to learn about a new process? Yes. Are they impossible? Absolutely not.
For example, agents with the Certified Distressed Property Expert(CDPE) Designation receive thousands of short sale approvals on a monthly basis. These professionals have undergone extensive training in methods to help homeowners in distress and process short sales. While there are no guarantees in any transaction, more and more short sales are being approved regularly. This is far from an impossible process.
Myth #6 - Banks are Waiting on a Bailout and Not Accepting Short Sales
You may have heard this, but the reality is that banks (and the U.S. government) are trying to do anything they can, within reason, to avoid foreclosing on properties. It is preposterous to believe they would deny a short sale in hopes that some future legislation would pass and pay them for losses.
Today, more banks are aggressively pursuing short sales and working with agents who understand how how to process them. Freddie Mac recently hosted a national training webinar for real estate agents where they expressly stated the organizational goal of "eliminating distressed assets through loan modifications or short sales."
Myth #7 - Buyers are Not Interested in Short Sale Properties
This is a myth that potential sellers hear all the time. Thankfully, this is just not true. In fact, many agents are getting calls from buyers who say they only want to look at foreclosure and short sales.
For buyers, short sales and foreclosures have become synonymous with "good deals." More specifically, international buyers are targeting these properties. Listing with an experienced agent who is educated in the short sale process will provide you with a great chance of quickly seeing a contract on your property.
In conclusion, Agents with the CDPE Designation have been trained in all aspects of the short sale process, and know how to deal with the parties involved in foreclosures. Finding a CDPE can explain what options you have, and get you on the path to recovery.
by The Pilgrim Team, York, PA
Short Sale Myths
A short sale can be an excellent solution for homeowners who must sell and owe more on their Homes for sale in york pa than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of this process should you find it meets your current needs.
Myth #1 - The Bank Would Rather Foreclose than Bother with a Short Sale
The qualifications for a short sale include:This is one of the most common misconceptions. The reality is that banks do not want to foreclose on your property because the foreclosure process is incredibly costly. Banks, investors, and even the federal government have all publicly stated that if a person is qualified for a short sale, the deal needs to be considered. Overwhelmingly, banks receive more on their investment through a short sale than a foreclosure.
1. Financial hardship- There is a situation causing you to have trouble affording your mortgage.
2. Monthly Income Shortfall - "You have more month than money." A lender will want to see thatyou cannot afford, or soon will not be able to afford your mortgage.
3. Insolvency - The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.
Myth #2 -You Must Be Behind on Your Mortgage to Negotiate a Short Sale
While this may have previously been the case, today lenders are looking for verifiable hardship, monthly cash flow shortfall, or pending shortfall and insolvency.
If you meet these three requirements and believe that you soon may be unable to afford your mortgage, act immediately. Any delay could limit your options. Do not wait until the countdown clock to foreclosure has started and you have even less time left.
Myth #3 - There,is Not Enough Time to Negotiate a Short Sale Before My Foreclosure
This is a myth that probably hurts homeowners the most. Many do not realize that foreclosure is a process, and that there is time to make decisions that may result in better outcomes.
The foreclosing party-in most cases a lender--can stall a foreclosure up to the final day of the process. Today, many lenders will stall a foreclosure with as little as a phone call from you explaining that you are trying to sell, and almost all lenders will stall a foreclosure with a legitimate contract. For real estate professionals who understand foreclosures and short sales, there is time available until the foreclosure process is complete.
Myth #4 - Listing My Home as a Short Sale is an Embarrassment
It is understandable to have reservations about letting the world know that you owe more on your home than it is worth. However, according to recent estimates, one out of five homeowners in theU.S. is in the same situation. You are to be congratulated for admitting you need help, taking action, and finding a professional who can work with you toward a solution.
With recent estimates showing 40-60% of U.S. sales will be short sales or foreclosures, you are not alone.
Myth #5 - Short Sales are Impossible and Never Get Approved
This is a complete falsehood. Are short sales more difficult to execute? Yes. Do you, as a homeowner, need to learn about a new process? Yes. Are they impossible? Absolutely not.
For example, agents with the Certified Distressed Property Expert(CDPE) Designation receive thousands of short sale approvals on a monthly basis. These professionals have undergone extensive training in methods to help homeowners in distress and process short sales. While there are no guarantees in any transaction, more and more short sales are being approved regularly. This is far from an impossible process.
Myth #6 - Banks are Waiting on a Bailout and Not Accepting Short Sales
You may have heard this, but the reality is that banks (and the U.S. government) are trying to do anything they can, within reason, to avoid foreclosing on properties. It is preposterous to believe they would deny a short sale in hopes that some future legislation would pass and pay them for losses.
Today, more banks are aggressively pursuing short sales and working with agents who understand how how to process them. Freddie Mac recently hosted a national training webinar for real estate agents where they expressly stated the organizational goal of "eliminating distressed assets through loan modifications or short sales."
Myth #7 - Buyers are Not Interested in Short Sale Properties
This is a myth that potential sellers hear all the time. Thankfully, this is just not true. In fact, many agents are getting calls from buyers who say they only want to look at foreclosure and short sales.
For buyers, short sales and foreclosures have become synonymous with "good deals." More specifically, international buyers are targeting these properties. Listing with an experienced agent who is educated in the short sale process will provide you with a great chance of quickly seeing a contract on your property.
In conclusion, Agents with the CDPE Designation have been trained in all aspects of the short sale process, and know how to deal with the parties involved in foreclosures. Finding a CDPE can explain what options you have, and get you on the path to recovery.
Wednesday, October 28, 2009
Search for Open Houses Online
As a homebuyer, how do you learn where open houses are in the area? You probably start by checking out the ads in the local paper. Then, you might hop in the car on Sunday afternoon, cruising the streets on the chance you might stumble upon an open-house sign. With gas prices at an all-time high, do you really want to waste an afternoon driving up and down the streets of the neighborhood in which you’d like to move looking for the possibility of an open house? Looking for open houses just got easier.
The new and innovative Web site allows buyers to search open houses throughout your desired community. It is fast and user-friendly! Currently, real estate agents have listed their open houses on the site, which is updated weekly. Simply go to the Web site, type in your preferred area and immediately see hundreds of open houses in the comfort of your own home. View maps, directions and multiple pictures before you get in the car and traverse the neighborhood. With more than 75 percent of homebuyers using the Internet to view homes for sale, doesn’t it make sense to find information about open houses online? Save time, money and the hassles of driving all over town for open houses. Visit www.openthisweek.com today to see the upcoming open houses in your neighborhood.
Tuesday, October 27, 2009
Is Now The Time To Sell My House?
Is now the time to sell my house or should I wait? That is probably the question most people who want to sell are asking themselves these days. It all comes down to do you need to sell right now or just do want to make a change? Sometimes because of a job relocation it is not a decision you have any choice to make. But if you want to sell because you have outgrown your present house due to family size or maybe you want to downsize because the kids have moved out, what do you do? With the dramatic drop in home values do you wait for the market to recover to the norm or do you sell now? Let's take a look at where the market is and where it may be going. If your house has dropped around 20% in value over the last 3 years and the market rebounds to what is considered normal which is an average of 2-3% appreciation a year it could take over 10 years for the market to make up the difference in what you lost. Most people don't and can't wait that long. What you do have going for you is that you can possibly save thousands of dollars on the house you will buy and at a very low interest rate if you need to finance it. So is it a good time to sell...you bet.
What is most important if you decide to sell you house keep in mind that all Realtors are not alike. As far a what company do you hire, that really has no bearing on your decision, remember the company does not sell your house the agent does. So be sure you choose an experienced agent who has an excellent marketing plan, has excellent negotiating skills and has the experience to help you all the way until you get a successful sale. Please feel free to check me out at my web page or call me for a interview. You'll be glad you did.
What is most important if you decide to sell you house keep in mind that all Realtors are not alike. As far a what company do you hire, that really has no bearing on your decision, remember the company does not sell your house the agent does. So be sure you choose an experienced agent who has an excellent marketing plan, has excellent negotiating skills and has the experience to help you all the way until you get a successful sale. Please feel free to check me out at my web page or call me for a interview. You'll be glad you did.
Subscribe to:
Posts (Atom)
