Do you need a Buyer’s Real Estate Agent in Philly

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Why Use A Buyer’s Agent?

As a buyer did you know that you can be represented by a real estate agent that …

  • Is legally bound by law to represent you and to protect ONLY your interests
  • Is legally bound to be loyal to you and ONLY you
  • Is legally bound to make a continuous good faith effort to find a property for you

Also … If you do not use a Buyer’s Agent you don’t save money. The Seller has agreed to pay the Listing Agent a commission. If there is no Buyer’s Agent the Listing Agent keeps the entire commission and he does not split it with a Buyer’s Agent.

Many consumers do not understand that it does not cost anything to use a real estate agent when they are buying a house.


To learn more about how a Buyer’s Agent can help you Click here.


Help for First Time Home Buyers in Chester County

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Buying your First Home? We have helped many people in the Philly suburbs buy their first home and we can give you many references.


Did you know that it does not cost you anything to use a Buyer’s Agent to represent you? The seller pays all Realtor commissions.

We are a husband and wife Team and before becoming Realtors we owned and/or managed computer software companies, financial institutions and real estate investment companies. We use the latest technologies to make the home buying process as efficient as possible.

We will take you through each and every step of the buying process. We can answer all of your questions …

– How much can you afford?

– How you can qualify for a mortgage.

– How to buy a home with little or nothing down.

– What banks and other financial institutions are looking for.

– How much your monthly payments will be.

– Is renting or buying better for you?


Click Here to submit your contact information if you would like assistance with buying your first home.

Mortgage Rates Continue to Hover Near Lows

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Fixed-rate mortgages mostly held steady this week near their all-time lows, keeping the purchasing power of home buyers high.
Thirty-year fixed-rate mortgages, the most popular choice among home shoppers, has been below 4 percent every week this year except for one, Freddie Mac reports in its weekly mortgage market survey. Fifteen-year fixed-rate mortgages, which tend to be more popular among refinancers, has remained below 3 percent since the last week in May.

Freddie Mac reports the following average mortgage rates for the week ending Sept. 13:
• 30-year fixed-rate mortgages: averaged 3.55 percent, with an average 0.6 point, holding the same as last week. A year ago, 30-year rates averaged 4.09 percent.
• 15-year fixed-rate mortgages: averaged 2.85 percent, with an average 0.6 point, down slightly from last week’s 2.86 percent average. A year ago, 15-year rates averaged 3.30 percent.
• 5-year adjustable-rate mortgages: averaged 2.72 percent, with an average 0.6 point, dropping from last week’s 2.75 percent average. Last year at this time, 5-year ARMs averaged 2.99 percent.
• 1-year ARMs: averaged 2.61 percent, with an average 0.4 point, holding the same as last week’s average. A year ago, 1-year ARMs averaged 2.81 percent.
Source: Freddie Mac

Reprinted from REALTOR® Magazine Online, September 2012, with permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2012. All rights reserved.

Housing Affordability Reaches Records

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Daily Real Estate News | Tuesday, May 15, 2012

Housing affordability conditions for all buyers reached a milestone in the first quarter, according to the National Association of REALTORS®.

NAR’s composite quarterly Housing Affordability Index rose to a record high of 205.9 in first quarter, based on the relationship between median home price, median family income and average mortgage interest rate. The higher the index, the greater the household purchasing power. This is the first time the quarterly index broke the 200 mark; recordkeeping began in 1970.

NAR President Moe Veissi said market conditions are optimal for home buyers. “For those with good credit, we’ve never seen better housing affordability conditions or market opportunities than we see at present,” he said. “Although home prices are stabilizing and sales are rising, some buyers still have to jump through a lot of hoops to convince a lender that they are creditworthy, even for a mortgage that would be well within their means. This is especially true for self-employed buyers.”

Veissi noted home sales would be much higher if lending standards would return to normal. Continue reading

Is Housing as Cheap as it’ll Ever Get?

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Home buyers who want a bargain may want to act now because the housing market is in the midst of a turnaround, economists say. Home prices have fallen and mortgage rates are hovering near record lows, pushing home affordability for the average family to record highs. Meanwhile, rents have been on the rise, making owning a home cheaper than renting in most areas of the country, according to recent surveys. But the housing deals aren’t expected to stick around much longer. An improving job market, a decrease in the number of home owners falling behind on their mortgage, and an anticipated improvement in access to mortgages is expected to help home prices start bouncing back by next year, economists say. Continue reading

Loan Applications Soar

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Daily Real Estate News |Thursday, April 05, 2012

Mortgage applications for home purchases jumped 7.2 percent on a seasonally adjusted basis last week, reaching its highest level since Dec. 2, 2011, the Mortgage Bankers Association reports. 

“Applications to buy a home picked up last week, and are running more than two percent above the level reported at this time last year,” says Michael Fratantoni, MBA’s vice president of research and economics.

Loan applications for purchasing a home for conventional loans are 10 percent above last year’s numbers, Fratantoni says. Purchase and refinance applications for government loans also increased by more than 10 percent over the week too “likely spurred by borrowers seeking to apply before scheduled increases in FHA mortgage insurance premiums at the beginning of April,” he notes.

Overall, mortgage applications for purchase and refinancings increased 4.8 percent last week, according to MBA. Applications for refinancings increased 4 percent from the previous week — the first weekly increase since posting six consecutive weeks of declines.

Source: “Mortgage Applications Increase in Latest MBA Weekly Survey,” RISMedia (April 4, 2012)

Read More

Mortgage Applications for Purchases Jump 8%


Reprinted from REALTOR® Magazine Online, April 2012, with permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2012. All rights reserved.

Newsletter Campaign

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We have decided that in order to keep our clients and friends updated on what is happening in the Real Estate market we will periodically include articles of interest in our blog as well as include them in a newsletter. We hope you find these articles helpful.


Rents Continue to Climb, Make Buying Even Better

As demand increases, rents continue to rise, increasing 5 percent over the past 12 months. Meanwhile, the asking prices for homes fell 0.7 percent in that time, according to a new report released Thursday by Trulia Inc.

Buying a home is more affordable than renting now in almost every part of the United States,” says Jed Kolko, Trulia’s chief economist.

The national vacancy rate for apartments during the first quarter fell to its lowest point since late 2001, according to a report by Reis Inc. Cities that have the lowest number of available rental units are seeing some of the largest increases in rents. Continue reading

Joie de Vivre!

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You can travel all around the world and many things and customs are different. Faucets can turn in opposite directions, people can drive on different sides of the road, and speak with different accents/languages……a thought just struck me though…that no matter where you are in the world, sport plays a big role in day to day living…No matter what season or time of day….

Where I come from it was Rugby, Soccer, Cricket, Golf…here it is Baseball, Football , Basketball and ice hockey….and of course golf. With all the different media at our disposal watching sport, or going to a game is probably a National pastime in most countries…

I love the way that sport unites people regardless of race, creed or color – AND even when they are supporting different teams….

I enjoy how easier people communicate with each other when they talk about their favorite player or when their team scores a goal , or loses to another team…How their eyes light up and their speech becomes animated… What’s more women are just as vocal –even if it is with the extra edge of being able to admire the physique or looks of a particular player….and I love how young children dream of emulating the star players…
Few things in life arouse more collective passion than a group of people coming together to watch a match…

How something so simple can create such exuberance and joie de vivre!

“Love is playing every game as if it’s your last.” … Michael Jordan 

Continue reading

Spring is in the Air

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The winter has held on resolutely-stubbornly refusing to let go..

However, almost overnight…Spring has gently pushed in with a profusion of vivid Forsythia, fragile weeping cherry blossoms, majestic magnolia and sunny daffodils….Verdant hues are slowly unfolding…trees with tiny green buds and willow trees with lanky pale green fronds…the yellow coltsfoot spreading across fields at the moment announcing the approaching warm weather…

What a special time of the year being able to witness the rebirth of nature…Time to dust off those walking shoes, venture outside and breathe in the fresh crisp air…get active… rev into rejuvenating spring…



The Seasons of Chester County

Blog PenThey always say that when people do not know what to say they always make small talk about the weather …

Having lived most of my life in the Southern hemisphere the seasonal changes were so subtle. The transition from one season to another was barely noticeable at times.

Very seldom did I see the vivid colors and hues that we are so used to seeing here during fall… Very rarely had I even experienced flurries not to mention inches/feet of snow…Not always did the winds bring rain when they should have, and in many areas water was a precious commodity.

Here each season heralds its arrival with an announcement … So in your face … Making sure that you are aware that changes are afoot!

Each season has its own unique beauty, which makes Chester County so special…Having never experienced such extreme weather; I am always filled with awe and enjoy the start of each season like a child receiving a gift.

“Ever felt an angel’s breath in the gentle breeze? A teardrop in the falling rain? Hear a whisper amongst the rustle of leaves? Or been kissed by a lone snowflake? Nature is an angel’s favorite hiding place. “ ~Carrie Latet


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