Friday, June 19, 2009
Diamond in the Rough, Make this Gem Your own!
Call Jerry Pilgrim now at 717-757-5955 to see this home or any other home you may see or go to:
http://www.PilgrimTeam.com
Click Here to Search the ENTIRE York County MLS - Updated Hourly - Large Photos - Easy-to-read Maps
Tuesday, June 16, 2009
York County Balloon Festival
York County Balloon Festival takes place June 19-21, 2009
John Rudy County Park
400 Mundis Race Road, York PA. 17406
Proceeds benefit York County Parks.
Admission is $10. for a carload, or 15 for a 3 day pass.
The Hot Air Balloon Rides Lauch 6am Saturday and Sunday and 6pm Friday, Saturday, and Sunday.
Activities are planned throughout each day:
Over 100 Arts & Craft Vendors
A Wide variety of Food Vendors
Horse Drawn Carriage Rides
Family oriented Activities all Day
Fireworks on Friday evening at dusk
and a Car Show Sunday
For more information:
http://www.yorkcountyballoonfestival.com/
Monday, June 15, 2009
Country Charm, Take a Walk with Nature!
Call Jerry Pilgrim now at 717-757-5955 to see this home or any other home you may see or go to:
http://www.PilgrimTeam.com
Click Here to Search the ENTIRE York County MLS - Updated Hourly - Large Photos - Easy-to-read Maps
Tuesday, June 09, 2009
Charming 3 story Colonial!
Call Jerry Pilgrim now at 717-757-5955 to see this home or any other home you may see or go to:
http://www.PilgrimTeam.com
Click Here to Search the ENTIRE York County MLS - Updated Hourly - Large Photos - Easy-to-read Maps
Lovely Property Offers Privacy and Seclusion!
Call Jerry Pilgrim now at 717-757-5955 to see this home or any other home you may see or go to:
http://www.PilgrimTeam.com
Click Here to Search the ENTIRE York County MLS - Updated Hourly - Large Photos - Easy-to-read Maps
Friday, June 05, 2009
You Need Time and Patience to Buy a Foreclosure or a Short Sale!
by Jerry
Are you thinking about buying a distressed property? If you are, you will need TIME - a short sale or an REO (Bank Owned property) will both take longer than the typical sale. There are certainly benefits to buying a foreclosure or short sale, that being a lower price. However since we have a Lender involved in the final acceptance of the buyers offe to the seller it could take 60 - 90 days for the negotiator for the lender to make the decision. The decision isn't always that they will accept the offer. As a buyer you must be prepared to counter-offer what the negotiator has proposed. This could take another 2 weeks or so for the final decision. If you don't have the time or patience to wait this is not for you. However, if you do you could make yourself a considerable savings.
Are you thinking about buying a distressed property? If you are, you will need TIME - a short sale or an REO (Bank Owned property) will both take longer than the typical sale. There are certainly benefits to buying a foreclosure or short sale, that being a lower price. However since we have a Lender involved in the final acceptance of the buyers offe to the seller it could take 60 - 90 days for the negotiator for the lender to make the decision. The decision isn't always that they will accept the offer. As a buyer you must be prepared to counter-offer what the negotiator has proposed. This could take another 2 weeks or so for the final decision. If you don't have the time or patience to wait this is not for you. However, if you do you could make yourself a considerable savings.
Be Wary of Real Estate Scam's!
by Jerry
Are you thinking about Listing York PA Homes your house? Be careful there are individuals out there who want to take advantage of you with an offer to purchase your property for CASH. They will purchase it, but at a very reduced value, typically 40% less than what it is really worth. They will turn around and sell the property at market value and pocket hat should have been you profit, not theirs. If you want to sell- sell with a Realtor. As a member of The National Association of Realtors, Realtors abide to a Code of Ethics. Don't talk to these people.
Are you thinking about Listing York PA Homes your house? Be careful there are individuals out there who want to take advantage of you with an offer to purchase your property for CASH. They will purchase it, but at a very reduced value, typically 40% less than what it is really worth. They will turn around and sell the property at market value and pocket hat should have been you profit, not theirs. If you want to sell- sell with a Realtor. As a member of The National Association of Realtors, Realtors abide to a Code of Ethics. Don't talk to these people.
Stop Foreclosures Now!
Did you realize most people do not need to go into foreclosure? People think it is their only option. If you sell your property in a short sale (Lender takes less than what is owed on it), you could save your credit and also your job. Don't let it happen call a Certified Property Expert to explain why you shouldn't do it.
Thursday, June 04, 2009
Enjoy the Country Setting of this Spacious Contemporary!
Call Jerry Pilgrim now at 717-757-5955 to see this home or any other home you may see or go to:
http://www.PilgrimTeam.com
Click Here to Search the ENTIRE York County MLS - Updated Hourly - Large Photos - Easy-to-read Maps
Tuesday, June 02, 2009
Exquistely Designed Home with Custom Features!
Call Jerry Pilgrim now at 717-757-5955 to see this home or any other home you may see or go to:
http://www.PilgrimTeam.com
Click Here to Search the ENTIRE York County MLS - Updated Hourly - Large Photos - Easy-to-read Maps
Monday, June 01, 2009
The Street Rods are Coming!
36th Annual Street Rod Nationals East
June 5-7th 2009
The York Expo Center, hosts Street Rod Nationals East, the largest annual street rod event in the Eastern US. The event brings thousands of street rods into the city for a few days in June. On Friday afternoon the city holds a parade through the center of the city for participating vehicles.
In the evenings you can visit all the local hotels and see the cars displayed, also some of the hotels have outside food vendors and music while all their guest show off there cars relaxing for the next day at the York Expo Center. It could be a great way to experience the car show without the expensive and heat at the fairgrounds. So if your driving through york June 5-7 and wonder why people have lawn chairs all along Rt. 30 you can be sure the Street Rods are in town.
Friday, May 29, 2009
Pennsylvania Wine and Music Festival this Weekend
2nd Annual 2nd Annual Taste of Pennsylvania Wine and Music Festival
is this Saturday and Sunday 11am-6pm.
This two day outdoor event includes 10-12 Pennsylvania wineries from across the states presenting their different wines for tasting.
There will also be educational presentations and live bands,over 40 craft, trade, and food vendors.
Sounds like a great way to spend an afternoon!
You can get more information at http://www.yorkwinefest.com
is this Saturday and Sunday 11am-6pm.
This two day outdoor event includes 10-12 Pennsylvania wineries from across the states presenting their different wines for tasting.
There will also be educational presentations and live bands,over 40 craft, trade, and food vendors.
Sounds like a great way to spend an afternoon!
You can get more information at http://www.yorkwinefest.com
Tuesday, May 26, 2009
Celebrate the Season at Farmers Markets
Looking for something to do on a early morning summer weekend?
One of the best things about weekends is shopping the numerous farmers' markets in York County! Some are indoors some are outdoors and there stocked with lots of yummy, seasonal goodness.
Below is a list of markets you can go to for inexpensive, fresh local Produce, Meats, and homemade Breads. Catch a bite to eat at various food stands and browse the vender shops! Check them out, eat healthy, it will be worth the trip. Some things you need to know: Go early, bring cash, bring a sturdy bag, and of course bring your family.
Brown's Orchards & Farm Market 8892 Susquehanna Trail South
Loganville, PA 17342. Country Store with homegrown fruit, bakery, fresh deli, gift shop. Also Brown’s Farm Market & Garden Center a second location at Shiloh Nurseries on 3100 North North George St. Emigsville. The store adjacent to the greenhouse has been transformed into a "mini-Brown's" with all of your favorite Brown's fruits, bakery and pantry items.
Central Market 34 West Philadelphia St York, PA 17401 Central Market is an historic downtown farmers market operating continuously since 1888. We offer the full range of fresh produce, meats, deli products, and many specialty items.
Morningstar Marketplace 5209 Lincoln Highway, West Sat 8:00-4 Sun 8-3.This is a wonderful farmer's market, with lots of booths of fresh produce, meats, craft items, Antique gallery and flea market houses 500+ vendors.
Markets at Shrewsbury 12025 Susquehanna Trail
Glen Rock, PA 17327 Off I-83 Between Exits 4 & 8 Thursday, 9AM-5PM Friday, 9AM-7PM Saturday, 8AM-5PM. A large variety of fresh produce, meats, cheeses, salads, gourmet baked goods and home baked goods. On site eating establishments, coffee shop, and winery will quench your appetite and thirst. You will find Amish made furniture, quilts, crafts and unique gifts at the Amish Markets and Our Gift and Specialty Shops.
Market & Penn St. Farmers Market
380 W. Market St.York, PA 17401 in downtown York. Listed on the National Historic Register, it is the oldest continuously operating farmers market in York. The Market is owned and run by the vendors, many of whom are third generation and greater. The Market operates year round and has free offstreet parking every market day. An abundance of fresh locally grown fruits and vegetables are available during the growing season, and fresh locally grown meats and poultry products are offered by local butchers. In addition, there are stands selling prepared foods freshly made with ingredients purchased from other market vendors.
New Eastern Market Co., Inc. 201 Memory Lane York, PA 17402
Open only Fridays. New Eastern Market has farm-fresh produce, baked goods and local meats and cheeses in the Pennsylvania German tradition.
Inexpensive York County Weekend/Daytrip Getaway's
July is Recreation and Parks Month, "Healthy Lifestyles, Livable Communities... Its Starts in Parks" is their motto.
Whether its picnicking, hiking, mountain biking, camping or just attending a park event, hop off the sofa and check out York County's numerous State and County Parks.
Take a moonlight Bike Ride along the Rail Trail, swim, fish, or boat in Gifford Pinchot lake, or enjoy moonlight boating at Lake Redman, rent a canoe or kayak and take a trip down a creek or the Susquehanna. Take your dog for a walk at the Canine Meadows, new off leash area at John Rudy County Park. Or check out the stars the public can view various celestial objects once a month free of charge year around at the Rudy Park Observatory. Bring the kids to the Environmental Education Center at Richard M. Nixon Park where they can see wildlife exhibits, live snakes and a bird observation window. Fly a kite at the crest of Mt Pisgah at Samuel S. Lewis State Park or just take in the spectacular panoramic view of the Susquehanna River. Take a trip to the rolling hills of Southern York County to 3452-acre Codorus State Park where you can Wildlife watch, fish in the 1,275-acre Lake Marburg, or swim in the huge pool that sits on a bluff overlooking Lake.
York County Balloon Festival takes place June 19-21, 2009 John Rudy County Park
400 Mundis Race Road, York PA. 17406
Proceeds benefit York County Parks.
Activities are planned throughout each day:
Over 100 Arts & Craft Vendors
A Wide variety of Food Vendors
Horse Drawn Carriage Rides
Family oriented Activities all Day
Fireworks on Friday evening at dusk
and a Car Show Sunday
http://www.yorkcountyballoonfestival.com/
For more information:
http://www.pilgrimteam.com/parks.aspx
http://www.dcnr.state.pa.us/
www.yorkcountyparks.org
Whether its picnicking, hiking, mountain biking, camping or just attending a park event, hop off the sofa and check out York County's numerous State and County Parks.
Take a moonlight Bike Ride along the Rail Trail, swim, fish, or boat in Gifford Pinchot lake, or enjoy moonlight boating at Lake Redman, rent a canoe or kayak and take a trip down a creek or the Susquehanna. Take your dog for a walk at the Canine Meadows, new off leash area at John Rudy County Park. Or check out the stars the public can view various celestial objects once a month free of charge year around at the Rudy Park Observatory. Bring the kids to the Environmental Education Center at Richard M. Nixon Park where they can see wildlife exhibits, live snakes and a bird observation window. Fly a kite at the crest of Mt Pisgah at Samuel S. Lewis State Park or just take in the spectacular panoramic view of the Susquehanna River. Take a trip to the rolling hills of Southern York County to 3452-acre Codorus State Park where you can Wildlife watch, fish in the 1,275-acre Lake Marburg, or swim in the huge pool that sits on a bluff overlooking Lake.
York County Balloon Festival takes place June 19-21, 2009 John Rudy County Park
400 Mundis Race Road, York PA. 17406
Proceeds benefit York County Parks.
Activities are planned throughout each day:
Over 100 Arts & Craft Vendors
A Wide variety of Food Vendors
Horse Drawn Carriage Rides
Family oriented Activities all Day
Fireworks on Friday evening at dusk
and a Car Show Sunday
http://www.yorkcountyballoonfestival.com/
For more information:
http://www.pilgrimteam.com/parks.aspx
http://www.dcnr.state.pa.us/
www.yorkcountyparks.org
Monday, May 18, 2009
Buying in a Buyers Market
The Long and Short of Short Sales
A Short Sale has been referred to by more than one real estate professional as a dignified solution to a financial crisis. The reality is that many homeowners today owe more on their homes than they are worth and don’t know what to do. If you have exhausted other options like a mortgage modification or a refinance or simply can no longer afford your home due to the loss of a job or other hardship a short sale may be the solution for you.
Short Sale Qualifications
There are three simple qualifications almost every lender will want to see to qualify you for a short sale:
1. Financial Hardship - your mortgage company will want to see that you have a verifiable material hardship that is affecting your ability to pay your mortgage. Hardships can be issues such as a payment increase, job loss, income decrease, medical expenses and any other issue that is truly affecting your ability to pay.
2. Monthly Shortfall – your lender will want to see that on a monthly basis your hardship is causing you to have a monthly shortfall. This means that they want to see that your monthly income is less than your monthly expenses. This is a simple calculation that can be done by adding up all your expenses and comparing them to your total income. If your expenses are higher than your income you have a shortfall.
3. Insolvency – your lender or servicer will want to see that you are insolvent prior to approving a short sale. Simply translated this means they want to see that you do not have the ability to pay down the balance of your mortgage in liquid funds.
Short Sale Process – How do I get this done?
In order to successfully sell your property through a short sale you will need to fully cooperate with your real estate professional. Your assistance in this process will give you the highest likelihood of a successful outcome, a sale and most importantly a foreclosure avoided.
Here is a simple list of items you can take care of immediately:
· Prepare your property for sale, this includes: remove all clutter, make sure all lights work, clean out your property and make it as presentable as possible. Your agent will have additional suggestions for you however there is no reason not to get started now.
· Gather the required paperwork and documentation that your agent will need in your first meeting you have, see the list below.
· If you believe a short sale is the right option for you, list your property with the qualified CDPE professional that gave provided you with this information. They will help guide you through this process.
Paperwork Needed for a Short Sale
(Start Now)
In order to demonstrate to your lender that you qualify for a short sale your agent will need the following documentation:
· Two months most recent mortgage statements (all mortgages)
· Two months checking account statements (all borrowers if separate)
· Two months saving account statements (all borrowers if separate)
· Two months other account statements (all borrowers if separate)
· Last two paycheck stubs (all borrowers)
· Two years tax returns
· Hardship Letter (see samples)
· Financial Worksheet (provided)
· Any other documentation to help your agent prove your hardship
Monthly Income Shortfall Calculation
Total Monthly Income
-
Total Monthly Expenses
=
Total Monthly Shortfall
Don’t Delay
Each day is important when you are exploring options on your mortgage – don’t wait one day that could be spent working with your mortgage servicer or lender on finding a solution to your specific issue.
How will my retirement be treated in a short sale?
There is a common misconception that in order to qualify for a short sale you can’t have any assets or savings. This is not normally true; in fact in many cases banks are disregarding retirement accounts that would otherwise be protected in a bankruptcy. Don’t assume that you will have withdraw funds from these account to qualify.
A Short Sale has been referred to by more than one real estate professional as a dignified solution to a financial crisis. The reality is that many homeowners today owe more on their homes than they are worth and don’t know what to do. If you have exhausted other options like a mortgage modification or a refinance or simply can no longer afford your home due to the loss of a job or other hardship a short sale may be the solution for you.
Short Sale Qualifications
There are three simple qualifications almost every lender will want to see to qualify you for a short sale:
1. Financial Hardship - your mortgage company will want to see that you have a verifiable material hardship that is affecting your ability to pay your mortgage. Hardships can be issues such as a payment increase, job loss, income decrease, medical expenses and any other issue that is truly affecting your ability to pay.
2. Monthly Shortfall – your lender will want to see that on a monthly basis your hardship is causing you to have a monthly shortfall. This means that they want to see that your monthly income is less than your monthly expenses. This is a simple calculation that can be done by adding up all your expenses and comparing them to your total income. If your expenses are higher than your income you have a shortfall.
3. Insolvency – your lender or servicer will want to see that you are insolvent prior to approving a short sale. Simply translated this means they want to see that you do not have the ability to pay down the balance of your mortgage in liquid funds.
Short Sale Process – How do I get this done?
In order to successfully sell your property through a short sale you will need to fully cooperate with your real estate professional. Your assistance in this process will give you the highest likelihood of a successful outcome, a sale and most importantly a foreclosure avoided.
Here is a simple list of items you can take care of immediately:
· Prepare your property for sale, this includes: remove all clutter, make sure all lights work, clean out your property and make it as presentable as possible. Your agent will have additional suggestions for you however there is no reason not to get started now.
· Gather the required paperwork and documentation that your agent will need in your first meeting you have, see the list below.
· If you believe a short sale is the right option for you, list your property with the qualified CDPE professional that gave provided you with this information. They will help guide you through this process.
Paperwork Needed for a Short Sale
(Start Now)
In order to demonstrate to your lender that you qualify for a short sale your agent will need the following documentation:
· Two months most recent mortgage statements (all mortgages)
· Two months checking account statements (all borrowers if separate)
· Two months saving account statements (all borrowers if separate)
· Two months other account statements (all borrowers if separate)
· Last two paycheck stubs (all borrowers)
· Two years tax returns
· Hardship Letter (see samples)
· Financial Worksheet (provided)
· Any other documentation to help your agent prove your hardship
Monthly Income Shortfall Calculation
Total Monthly Income
-
Total Monthly Expenses
=
Total Monthly Shortfall
Don’t Delay
Each day is important when you are exploring options on your mortgage – don’t wait one day that could be spent working with your mortgage servicer or lender on finding a solution to your specific issue.
How will my retirement be treated in a short sale?
There is a common misconception that in order to qualify for a short sale you can’t have any assets or savings. This is not normally true; in fact in many cases banks are disregarding retirement accounts that would otherwise be protected in a bankruptcy. Don’t assume that you will have withdraw funds from these account to qualify.
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