The market is going where??

Unfortunately, the market for newly built homes continues to fall although not as drastically as it has been.  The housing market overall has stabilized across much of the country although there are always specific areas that continue to decline and others that recover more rapidly. As a whole, the housing market will not recover fully [...]

Incredible Homes Coming To The Market Every Day!

We went out this week to look at homes in the $120,000 to $200,000 range since a bunch of foreclosures had just been released onto the market.  We found some outrageous deals! These homes only need some upgrading and cosmetic work and are perfect for a quick, Streamline 203K for a home buyer or, they’re [...]

Average Sales Prices and Savings on Foreclosures in Pennsylvania

These days everyone is talking about the great deals to be had by purchasing a foreclosed home. But how much money is there really to be saved? Actually, quite a bit.

The latest numbers from RealtyTrac show that for the month of March, the average purchase price of a non-distressed home in Pennsylvania was $182,500. This compared with the average purchase of $120,371 on a foreclosed home in Pennsylvania, which works out to an average savings of about $62,000, or 34%.

Foreclosure for Sale – Beautiful and Spacious Ranch

Ranch Home - ForeclosureBeautiful and spacious ranch, only minutes from the Delaware Water Gap. Nearly 2,600 square feet with 2 bedrooms and 2.5 baths. Features include an open layout, large eat-in kitchen, impressive formal dining room, spacious master suite with walk-in closet, formal living area, fireplace in family room, cathedral ceilings, easy-to-maintain yard, and finish lower level. Located in Woodland Village at Shawnee – amenities include outdoor pool access, security and garbage services.Total estimated price, with repairs: $150,000.

Foreclosure for Sale – Expansive Home Offering Unique Opportunity

Contemporary Home - ForeclosureExpansive contemporary home offering a unique opportunity to buyers. 5,200 square feet with 6 bedrooms and 3.5 bathrooms. Home is currently sheetrocked, but otherwise unfinished, and can be completely customized to buyer’s tastes. Features include an impressive foyer, spacious kitchen, beautiful great room with fireplace, open loft, oak staircase, three-car garage, cathedral ceilings, large master suit and more. Located on a half-acre lot, adjoining open land in the back, in a golf course community.Total estimated price will vary based on finishing; please contact us for more details..

Foreclosure for Sale – Bright and Sunny Contemporary

Contemporary Home - ForeclosureContemporary with lots of light in Penn Estates in East Stroudsburg, PA. Over 1,800 square feet with 4 bedrooms and 3 bathrooms. Features include bright and sunny living room with lots of windows and skylights, large deck overlooking creek, master suite with jacuzzi, fireplace in living room and more. Located in a private community with lake access, tennis courts, clubhouse, 24/7 security and more. Total estimated price, with repairs: $130,000.

Foreclosure for Sale – Spacious Colonial on Secluded Lot

Colonial Home - ForeclosureSpacious colonial on secluded lot in East Stroudsburg. Over 2,800 square feet with 4 bedrooms and 2.5 bathrooms. Features include large master suite, finished basement, attached one-car garage, dining room, expansive back deck and more, all located on over two acres with a stream. Total estimated price, with repairs: $180,000.

Foreclosure for Sale – Cozy Contemporary in Private Community

Contemporary Home - ForeclosureHuge open floor plan contemporary with beautiful stream views. Over 1,800 square feet with 3 bedrooms and 2 bathrooms. Features include wood-burning fireplace in living room, large kitchen with lots of cabinet space, cathedral ceilings, loft, wood floors, bright skylights and more. Located in a private community with lake access, tennis courts, clubhouse, 24/7 security and more. Total estimated price, with repairs: $135,000.

Why You Can Expect Great Deals in Foreclosures This Spring

Spring is always a popular season to look for a new home, and this spring may be one of the best in nearly a decade for buyers to take advantage of deals on the housing market. According to the National Association of Realtors (NAR) the median price for existing home sales is $156,100, the lowest since February 2002. In addition to this, Move Inc. reported that inventory is up 13% in the past year. So what does this mean when you want to buy a foreclosure?