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The wacky weather may have skewed the statistics but one thing is for sure...the Lehigh Valley has Home Buyers searching and viewing homes daily for the "perfect home". At the same time, Lehigh Valley Home Sellers are starting to talk to realtors about listing their homes. The spring market has kicked in! What happens at this time of the year is multiple offers are received on that "perfect home" or worse yet being told, as a potential home buyer, that it went under agreement before you even had a chance to see it. Read the complete article at www.lehighvalleyrealestateblog.com
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As a Lehigh Valley Home Buyer are you considering purchasing a Foreclosure Property?The Foreclosure properties available go from Diamonds in the Rough to needing a major overhaul. Some houses need very little work (maybe paint and carpeting) while others may need major repairs including missing plumbing, holes in the walls, all lights removed...etc. These homes are sold as-is and a home buyer must acknowledge in writing that they have been made aware of this. A property inspection can be performed to determine what is wrong with the house but the bank will not do any repairs (there are some exceptions). Depending on what financing is being used (FHA, Conventional, Rehab Loan), this may become an issue. A problem with the house may become a Mortgage Condition and the mortgage won't be approved until the problem is fixed. You, the home buyer, may have to repair the item before the purchase can take place. Read the rest of this article at Lehigh Valley Real Estate BLOG.
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• 1,400 sq. ft., 1 bath, 3 bdrm 2 story -  MLS® $195,000 Edgeboro, Bethlehem North - Savor breezes and stately tree-lined streets from the front porch of this charming home in the beautiful, historic Village of Edgeboro in Bethlehem. A pristine hardwood floor welcomes you into the foyer and large living room of this early 20th century home, which features a beautifully crafted, antique marble mantle. The eat-in-kitchen, with solid-wood cabinets, opens to the bright dining room, which offers an abundance of natural light. Upstairs boasts 3 nicely sized bedrooms with spacious closets and a very large bathroom with built-in vanity, also flooded with natural light and loads of storage space. Enormous basement with toilet and plumbing, which can be finished. Amenities include central air, a well-maintained one car detached garage, and a nice backyard. The proximity to historic Bethlehem and routes 22 and 78 complete the picture. All of the appliances remain with the property.
Property information
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Last week, The Morning Call had an article from the Associated Press in the Business section stating that home prices were expected to decline 5-7%. Four days later, The Morning Call had an article stating that home prices in April rose on average 3.2% in the Valley. Talk about mixed signals! If I were a Lehigh Valley home buyer or seller, I would be scratching my head thinking "What do I do?". The result? Nothing. The home buyer and seller are in a holding pattern. The rest of this article can be read at Lehigh Valley Real Estate Blog.
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• 1,230 sq. ft., 2 bath, 3 bdrm 2 story - MLS® $109,900 South Allentown, Allentown - Move right into this 3 bedroom charming home located minutes from route 78. A large living room welcomes you into this house. The kitchen and bathroom have been partially updated. The enclosed front porch is heated for year round use. The fenced-in yard with a garage completes the picture. All appliances remain. Property information
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Are Home Buyers making a mistake by holding off on purchasing a Lehigh Valley home. Are the prices really dropping that much? Today, makes the 5th Lehigh Valley home seller I have spoken to in the past few weeks that plans to pull their home off the market and relist it next year. In each and every case, they listed the house at a higher price months ago and have slowly dropped the price in an attempt to sell. In each and every case, they fully intend to relist the house next year back at the original price they attempted to get. Visit www.LehighValleyRealEstateBlog.com to read the rest of this article.
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The Allentown, PA council is considering a bill that will require a pre-sale inspection for any properties being sold. In an effort to clean up distressed properties the bill will rquire home sellers to make any necessary repairs before the sale of the property. They are also considering the terms involved if a home buyer agrees to make the repairs. You can read more on this topic at http://www.lehighvalleyrealestateblog.com/2007/11/allentown-crack.html.
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• 1,824 sq. ft., 2 bath, 3 bdrm, 2 story - MLS® #287398 $137,000 Central Allentown, Allentown - Beautiful 3 BR, 2BA home located in the Allentown Historic District. The modern kitchen and dining room have pergo flooring. The living room and family room have wall-to-wall carpeting and ceiling fans plus the first floor full bath has been updated. The 2nd floor has 3 bedrooms (all w/ceiling fans) plus access to the balcony and another updated full bath with pergo flooring and track lighting. A front sitting area (rm for a computer) gives access to the walk-up attic that is floored for storage and can easily be finished to add additional square footage. The basement contains new plumbing and windows in addition to the laundry area. A covered porch, patio, fenced yard, and 2 car-parking pad complete the ideal home.
The Owner obtained a grant from the Allentown Historic Preservation Society to replace the façade of the building. This grant is transferable to the new owner. Home is zoned as a two unit but was converted to a single home. Original zoning was retained. Property information
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3421 Searfoss Street
Bethlehem
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The beautiful stone exterior welcomes you into this Cape Cod located in Bethlehem Township. The eat-in-kitchen and bathroom have been fully remodeled and the bathroom contains a large garden tub plus a cedar closet. Hardwood flooring, tile and new carpeting are throughout the house. The living room features a wood burning stone fireplace. The master bedroom has a large walk-in closet plus a 2nd closet. The bookcase at the top of the 2nd floor stairs opens into another large closet. The finished basement includes a family room with a wet bar and a built-in beer tap system plus a separate recreation room. In addition, there is plenty of storage in the basement and attic. The detached garage is over-sized to store all of your outdoor equipment and the large covered porch is great for outside entertaining. The extra room on the 1st floor may also be used as bedroom. The house includes part of the lot behind it on the other side of the fence.
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Price: $237500USD
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4234 Bedford Drive
Bethlehem
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The beautiful landscaping with a split-rail fence invites you into this lovely 3BR home located in Bethlehem Township. This home contains hardwood flooring in the foyer, dining room and eat-in kitchen. The master bedroom is very large and has a full bath, a large walk-in closet, plus a 2nd closet. The family room has a pellet stove for those cold winter nights plus patio doors leading out to the deck. A custom shed provides storage for all your yard equipment and guest parking is available across the street for your social events. Easy access to routes 33, 22, 78 and the park-n-ride.
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Price: $250000USD
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