Homeowner Information

Five Things To Look For When Purchasing The Next Home

Purchasing a "Dream Home" is a life goal that practically everyone has on their wish list. We all want a home that feels like it was designed specifically for us. However, unlike any other real estate purchase, looking for your dream home has its own set of issues. You will want to look for a property that will keep you and your family happy for the long haul, as you will most likely be staying in it for...

What To Look For When Buying Your First Home

 Choosing a home is a very personal decision. There are a few things to think about, such as your level of preparedness, local market conditions, and a whole list of other things you that are essential to the home-buying process.  If you consider buying a home, you should ask yourself a few questions to see if it's the perfect moment. Here are some of the most crucial things to consider when buying a...

The summer 2021 season for buyers

To buy or to sell? The summer forecast for Lakefront homes in PA From the historically low mortgage interest rates throughout the pandemic year in 2020, rates remained low going into 2021 - as low as 2.65% in January of this year. Even as coronavirus fears and restrictions ease and vaccination numbers rise, homebuyers can still enjoy extremely low-interest rates of around 3%. In fact, Real Trends stated...

Lake Wallenpaupack real estate

The COVID-19 effect on Lake Wallenpaupack real estate In year two of the COVID-19 pandemic, the housing market has seen its biggest boom since just before the economy crashed in 2008. Back then, mortgage lenders were giving loans out to just about anyone who would take them, and many people ended up purchasing (and later foreclosing on) homes they couldn’t actually afford.  In fact, according to The...

Lead Poisoning

Lead poisoning is a serious problem that can lead to adverse health problems. In children, high levels of lead can cause damage to the brain and nervous system, behavioral and learning problems, slow growth, and hearing problems. Lead poisoning can cause reproductive problems, high blood pressure, digestive problems, nerve disorder, memory and concentration problems, and muscle and joint pain...

Environmental Issues

When purchasing a property, it is important to be aware of any environmental liabilities associated with it. For example, you should find out if there are any registered underground tanks within several miles of the property, known contaminated properties in the neighborhood, or property owners who the government has fined for failing to meet environmental safety standards. Before, it took...

Condominium and PUD Ownership

To combat the dual problem of an increasing population and a declining availability of prime land, builders are increasingly turning to common interest developments (CIDs) as a means to maximize land use and offer homebuyers convenient, affordable housing. The two most common forms of common interest developments in many states are Condominiums, and Planned Unit Developments, often referred to as PUDs....

Common Ways of Holding Title

How Should I Take Ownership of the Property I am Buying? Real property can be precious, and the question of how parties can take ownership of their property is important. The form of ownership taken -- the vesting of title -- will determine who may sign various documents involving the parties' property and future rights to the transaction. These rights involve such matters as real property taxes, income...

Thinking About Buying a Foreclosure?

With the housing bubble burst and the subprime mortgage crisis, millions of homeowners found themselves unable to make their mortgage payments. Many found themselves owing more on the house than the home was worth. Many just walked away from their homes. As a result of these complicated issues, millions of homes were foreclosed. While this isn’t the only reason homes are foreclosed, it has been a...

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