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January 28, 2020

How Can Buyers Sweeten Their Offers in Lieu of a Higher Price?

Filed under: For Buyers,Of Interest to Buyers — Center City Philadelphia Real Estate Agent @ 1:31 pm

It is NOT always dollars and cents that prompt a seller to sign an agreement of sale…here are a few tips to sweeten your offer:

  • Shorten your settlement date-especially if the home is vacant.
  • Shorten your home inspection period to 7 days instead of 15 days.
  • Put more money down (to be held in escrow) – a full 10%.
  • Add an “AS-IS” clause (which will still allow you to inspect and terminate the deal within the time frame permitted, if necessary).
  • Write a really nice note about how much you love the seller’s home and why you are buying their home.
  • If a property is vacant, but still has unwanted clutter and dirt, tell the seller you will buy the home as it sits today.

Many things in a real estate transaction are emotional. Sweeten that emotional pot and you might find you’ll save a few dollars. It happens more often than you think!  Shoot me an email at Mark@CenterCity.com or call 215.521.1523 when you are ready to start shopping for your next home here in Philadelphia and we’ll help you make a sweet offer.

Mark Wade
BHHS Fox & Roach Realtors®
530 Walnut St. #480 | Philadelphia, PA 19106
www.CenterCityCondos.com

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October 2, 2008

Suburbs Turning into Slums? Center City Condos Thriving?

Filed under: Center City Real Estate,General Real Estate,Of Interest to Buyers,Real Estate: Condominiums — Center City Philadelphia Real Estate Agent @ 11:30 am

Untidy vacant homes? Crime? Social Disorder? Here in the City? Guess again.

With the subprime crisis unfolding across America, more and more homeowners in the Suburbs are facing foreclosure and they are having a difficult time finding buyers who are interested in purchasing their homes that sit on oversized lawns that will need mowing on Saturday morning after a 75 hour work week. Today, most buyers in our market are young professionals who work long hours and who may be interested in eventually starting a family if they haven’t already. This doesn’t leave them with much time left over for things like lawnmowing or cleaning gutters. There has been a major shift in the way folks want to live and work today compared to 30 years ago in more ways than one.

Here is an informative, well-written article, The Next Slum? written by Christopher B. Lineberger, that I came across that talks about how Houses in the Suburbs are sitting vacant or on the market longer and longer. Overgrown lawns and untended homes are sprinkled heavily throughout these neighborhoods that many once thought were much more desirable than our urban setting. Unfortunately this is leading to in influx of problems, such as unlawful homeless tenants or even unruly renters that no one wants as  neighbors. 

On the same note, cities, especially Center City Philadelphia, have become more desireable to today’s professional buyers. We are seeing more and more new construction around town and more and more folks are leaving their lawnmowers behind and joining us in our culturally exciting way of life. From being able to walk to work or to your favorite restaurant to having your own doorman in a pet-friendly, “green” condo building, Center City Condo living is thriving!

If you are interested in taking a look at some condominiums here in town, give us a call at 215.440.2388 or click this link to Meet Our Team!

Nicole Noguer
Licensed Office Assistant to Mark Wade
www.CenterCityCondos.com
Prudential Fox and Roach REALTORS®
530 Walnut St., Suite 260 Philadelphia, PA 19106

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530 Walnut Street, Suite 480
Philadelphia, PA 19106
Direct: 215.521.1523 ~ Office: 215.627.6005
Fax: 215.627.3142
Email: Mark@CenterCity.com
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