2320 Addison Ct York Pa 17404

New to the market in Manchester Meadows. This 4 bedroom 3.5 bath with over 3500 square feet of living space is competitively priced at 289,900. There is a 3 car garage and open space throughout the community. Located in Central York Schools and convenient to many popular York County shopping destinations and restaurants. Mike Rudacille with The Pilgrim Team can set up a private tour of this home at your convenience. There are many homes for sale in York PA but this one is special.

Most homes for sale, or sold in Central York Schools have held their value more than other areas in York County Pennsylvania. The Pilgrim Team can help you buying or selling a home in York PA. Contact Mike Rudacille at 757-5955 or 318-0991 for further information.

Listing provided courtesy of: Century 21 Heritage Realty

618 S Maurice St. York PA 17404

This home in Central York School District just sold.
Penn State Estates is the neighborhood where it is located.
The home was originally listed at 215,000 on July 15, 2010
The price was lowered to 209,000 on 8/13/10 and then again down to 204,000 on 9/2/10
The home went under contract on 9/14/10 and settled on 12/14/10
It was sold for 194,750
The Cape Cod style home has 3 bedrooms and 2 full bathrooms and just under 1700 square feet. The lot is .28 of an acre.
Location is convenient with easy access to Route 30 and Interstate 83

Local Agent Provides Resource on Foreclosure Alternatives, Short Sales

FOR IMMEDIATE RELEASE For more information, please contact:


Jerry Pilgrim
The Pilgrim Team
Professional Realty Associates
717-757-5955
jpilgrim@PilgrimTeam.com

Local Agent Provides Resource on Foreclosure Alternatives, Short Sales

For homeowners struggling with mortgage payments, website explains differences between foreclosure and short sales.

York, PA – 11-15-2010– Local CDPE-designated agent, Jerry Pilgrim of Professional Realty Associates, has released an informational report comparing the consequences of a short sale and foreclosure.

The report can be found at http://www.stopyorkpaforeclosure.com/ and provides a thorough explanation of how a short sale may potentially improve a homeowner’s future financial stability.

“Considering how damaging foreclosure can be for the homeowner and the surrounding community, it is important that everyone knows all of the alternatives available,” Pilgrim said. “This report is the latest addition to my website, which gives distressed homeowners a way to inform themselves on their best options.”

Currently, one in seven mortgages is in some stage of delinquency. Once a mortgage payment has been missed, the lender has the ability to begin the foreclosure process. A short sale can potentially minimize the damage to one’s future loan eligibility, credit score, employment, security clearance and more.

“We often see homeowners enter the foreclosure process without any visible means of professional guidance,” Pilgrim said. “My hope is to inform the community that there are legal, dignified alternatives to foreclosure.”

The CDPE designation provides real estate agents with the tools and knowledge needed to efficiently, ethically and effectively pursue foreclosure alternatives, specifically short sales. In addition to their initial training, CDPE-designated agents are connected to a network of professionals via the Distressed Property Institute, allowing them to remain regularly updated on the complex and quickly changing real estate market.

For more information about the CDPE Designation, visit http://www.cdpe.com/.

The Neighborhood of Fountainhead

Anybody who is considering buying a home in York County Pennsylvania should stay informed by keeping up with my Blog. I will be describing Communities throughout the York area. I will be adding useful information on communities that will include the average price ranges, Lot sizes and area information.

Today I want to talk about the Community of Fountainhead located in York Township. It is a small neighborhood that consists of 26 lots that range in size from 1/3 acre to the largest being nearly 3/4 acre.

Home prices are typically in the low $300's to over $450,000. The predominant house style is the two story colonial with some brick and stucco exterior on the fronts and beaded vinyl siding making up the balance. Ray Markey Builders is and was the Builder of the neighborhood. The Builder is know for his innovative building materials that keep up with the latest trends in new construction. One of Ray's better known standard features include the ICF foundations. It is a foundation that comes nearly completed for drywall and is very energy efficient and also very water resistant. the quality of construction is second to none.

The neighborhood of Fountainhead is located near I-83 south of Useful Information about York PA, and is an easy commute for Baltimore bound people. It is also located near Apple Hill Medical Center which is a Well-Span campus that is more reminiscent of a indoor mall than a medical facility. You will find many indoor walkers using the area for their daily exercise and then stopping for a meal and sit down to meet neighbors. OSS is another medical facility that is within a mile that is primarily where Orthopedic Surgeons treat patients with back and spinal, and joint problems. They have recently opened a new wing that allows for overnight stays for patients.

Fountainhead is alos located in the Dallastown Area School District. The District is known for its achievements in Academics in particular Science and Math. There are just about any sports offered the students that range form Football, Wrestling, Basketball, Soccer, Swimming, Tennis, Golf, Field Hockey, Volleyball, Lacrosse and more.

So if you are looking for a charming neighborhood in a excellent setting with nearby ameneties check it out you won't be disappointed.

FANNIE MAE MAKES NEW REGULATIONS ON STRATEGIC DEFAULTS

FANNIE MAE HAS COME UP WITH NEW STRATEGY ON HANDLING STRATEGIC DEFAULTS

Homeowners across the country and here in York, PA are hearing about the so called advantages of walking away form their financial obligation (mortgage) on their home. Fannie mae has decided that they will not take this lightly when a homeowner has the ability to pay their mortgage, yet deciides not to. Fannie Mae announced they will not allow a homeowner to be eligible for a Fannie Mae backed loan for at least 7 years. They also have said that if a state that allows a deficiency judgement (Pennsylvania does) they will do just that. Fannie Mae is letting homeowners know they will not take this lightly and pursue a claim against these homwowners.

Think twice about how this can adversely affect their ability to get new credit and also could cause an potential or even a existing employer to hire or retain that person due to the foreclosure and judgement on the credit report.

Home Sellers In York PA Here are some Tips

Home Sellers

Selling a home can be overwhelming but it should always be a smooth process. Clients who list their homes with The Pilgrim Team receive truly personalized service with unmatched results. Jerry and his Team have extensive knowledge and experience in York real estate, and they can market your home to the right buyer. By constantly adapting to market trends and using first-rate marketing techniques, The Pilgrim Team can target specific buyers who would be interested in purchasing your home.

So Why List With The Pilgrim Team?

Unmatched Experience with Record Results
Exceptional Negotiation Skills to Maximize Price
Large Buyer Client Base including Business from Area Corporations
Unmatched Internet Exposure
Cutting-Edge Marketing Techniques and Strategies
First-Class Support Team – We Are Always There for You!
State of the Art Technology Integration
A True Passion for Selling
Honest, Trustworthy and Sensitive
An Exceptional Closer who Keeps Your Sale Together and Gets It Done Quickly.
*Sellers Check Out our Guaranteed Sales Program*

We understand that you may be in the information gathering stage and may not be ready to open up about who you are or your real estate needs at this time. If you are not comfortable providing all your contact information that is perfectly okay. Just enter your name, phone number, and email address so we can send you the material you requested.

We hate spam as much as you, so the only person who sees your info is your Realtor.

The Closing Process fr a Real Estate Transaction

Once the buyer and seller have agreed on price and terms for the sale of a piece of real estate, the escrow process begins. This can be a confusing process, especially for first time homebuyers. Below are some key points that can help answer some questions about the escrow process.

What exactly is an escrow ?

An escrow is an arrangement in which a disinterested third party, called a escrow holder, holds legal documents and funds on behalf of a buyer and seller, and distributes them according to the buyer's and seller's instructions. In York PA the Listing Broker typically is the holder of the escrow funds that will be distributed at settlement.

How does the escrow (Title) process work?

The escrow is a depository for all monies, instructions and documents necessary for the purchase of the home, including funds for the down payment, lender’s funds and documents for the new loan. The duties of an Title Company include: following the instructions given by the principals and parties to the transaction in a timely manner; handling the funds and/or documents in accordance with instructions; paying all bills as authorized; closing the escrow only when all terms and conditions have been met; and, distributing the funds in accordance with instructions.

What documentation is required?

Receipt of your deposit is generally included in your copy of your purchase contract. Your funds will then be deposited in your separate escrow or trust account and processed through your local bank.

What information will I have to provide?

Typically you will be asked to complete a statement of identity as part of the necessary paperwork. Because many people have the same name, the statement of identity is to identify the specific person in the transaction through such information as date of birth, social security number, etc.

How long is the escrow (closing) process?

The entire escrow process can vary and is typically determined by the terms of the purchase agreement. It can range from a few days to several months. Typically an escrow often takes an average time of 30 to 45 days. The escrow process ends when you actually close on the home, during the closing procedure. This is when all funds are transferred accordingly, when all documents are signed, and when you get the keys to your new home.

For more information contact the Pilgrim Team at Professional Realty Associates or go to www.PilgrimTeam.com

Distressed Homeowners Beware of those We'll Buy Your House Ad's

Homeowners who are in financial distress here in York Pa and the rest of the country have been seeing a lot of advertising lately about buying homes for cash. Though these offers may seem legitimate and some may be, the vast majority of these companies are in my opinion scamming the distressed homeowner who is going through a financial crisis due to the downturn in the economy the last 3 years.

What homeowners must realize and question is how could a person offer to buy a home that the current homeowner is "under water" meaning the home is worth less than what they currently owe on it and then resell it and make money on it? As a homeowner if you have equity in the property why would you not want to put that in your pocket instead put it in someone else's, especially in this current economic climate?

What the intent is by these companies is to not only scam the homeowner but defraud the lender who has the mortgage on the property. How do they do that? They offer the homeowner to buy the property and write an contract on the home for x amount of dollars. The company has no real intention to buy it. What they will do is "shortsale" the property at the lower price and then put it on the market for sale at a much higher price than the contract price looking for a buyer willing to pay what really is fair market value. Once they find a buyer who is willing to purchase the property at the higher price they arrange a settlement date that will coincide with the 1st and 2nd contracts and settle on both concurrently. This settlement which we call a "double flip" they transfer the property from the current owner then to the buyer the company has found and the difference between the 1st contract and the 2nd contract that was written is pocketed by the company. This is done with very little money ever transferred by the investment company.

You say what is wrong with that? The lender who holds the mortgage was never aware of the 2nd contract and was lead to believe the companies 1st contract was fair market value, which in fact it was not. So in my opinion this is fraud committed on the lender and ultimately the american consumer and taxpayer who has paid billions with bailout money loaned to these institutions.

So if someone comes to you to buy your house for cash or you respond to one of those billboards you see out there, steer away from these companies. It will be only a matter of time to they get caught.
Labels: Buy Your House For Cash, Foreclosures, Selling Homes york pa, Shortsales, We Buy Houses, York PA, York Pa Real Estate

Dallastown Area Schools Home Report for September 1 through December 14 2009

Dallastown Area Schools Home Report for September 1 through December 14 2009

This report are for all the homes sold in Dallastown Area School District as of September 1st through today.

Total homes sold was 130.

The lowest price was listed for $58,000 and sold at $48,500 located at 6 E Frederick St, Dallastown, PA 17313

The highest property was listed at $525,000 and sold at $515,000 located at 2773 Chestnut Run Rd, York, PA 17402

Price ranges of homes that sold in the following chart

$40,000 - $75,000 6 homes

$75,001 - $100,000 5 homes

$100,001 - $125,000 10 homes

$125,000 - $150,000 23 homes

$150,001 - $175,000 29 homes

$175,001 - $200,000 18 homes

$200,001 - $250,000 17 homes

$250,001 - $300,000 11 homes

$300,001 - $400,000 10 homes

$400,000 - $515,000 2 homes

The median price range for Dallastown Schools real estate is $168,850 for the period.

Average of days on the market until it went under contract was 62 days

Active Listings

There are currently 265 homes on the market.

Least expensive listng is $89,999 located at 2956 Cape Horn Rd, Red Lion, PA 17356

The most expensive is $1,295,000 located at 2709 Augusta Circle, York, PA 17402

Average days on the market is 127 days or a a little over 4 month supply of inventory.

These statistics are provided by the Multiple Listings Service by the Realtors Association of York and Adams Counties

RAYAC Housing Snapshot

A monthly review of the residential real estate market in

York & Adams Counties

October 2009

October Housing Statistics

The REALTORS Association of York & Adams Counties (RAYAC) reports

that a total of 540 homes were sold in Adams County during the first 10 months

of 2009. In York County 3,343 homes were sold through the end of October.

The median sales price in Adams County was $185,950, a 7% decrease from

last year. In York County the median sale price was $159,900 reflecting a drop of only 3%. Comparing the month of

October 2008 to October 2009 number of homes sold was up 38% in York County and 12% in Adams County.

“The real estate market appears to be improving. We are interested to see the impact of extending the first time

Wyndham Hills Real Estate Activity Report for 2009

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.

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

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.

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

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

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.

Foreclosures in York PA

Jerry Pilgrim Is a CDPE (Certified Distressed Property Expert), If you are thinking about listing a house or buying think of me in York PA. The Foreclosure process is a little more complicated and confusing for most other real estate agents. You need someone who has the training and experience to help you find the home at the absolute best price and knowledge of what to look out for that could either save or cost you thousands of dollars. Don't make a mistake call the Pilgrim Team Today!