Lehigh Valley Real Estate - Tips 4 Homeowners, Buyers & Agents

Lehigh Valley Short Sales - Bank Negotiation Services for Real Estate Agents - KEEP Your Listing & Get Paid

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Tue, 22 Jun 2010 15:14:48 -0400

Lehigh Valley Short Sales - Bank Negotiation Services for Real Estate Agents - KEEP Your Listing & Get Paid

EARN 50% COMMISSION - All you do is the Typical Listing Agent End & I will do the REST! CLICK HERE FOR THE DETAILS

Are you in one of the following Situations? I have some solutions for you.

1) Do you have a Short Sale Listing but really DO NOT have the time to do the weekly followup with the Bank or Banks that it takes to get a Short Sale approved?

2) Have you already taken a Short Sale Listing and it ended up going to Sheriff Sale and you never got paid...so now you just don't want the headace anymore?

3) Do you currently have a Short Sale Listing and You are not sure what you need to do to prepare the Short Sale package, why a Title company should be hired to help you, OR even if the homeowner qualifies for a short sale?

4) Do you have a Short Sale Listing and ALL YOU WANT TO DO IS LIST AND SELL THE HOME and NOT deal with any short sale paperwork or calling the bank weekly etc?

5) Is your Short Sale Listing ready to expire and you just could not get it sold BUT would like to STILL close this listing if you only could work with someone that knows what they are doing when it comes to Listing, Selling, and getting Bank Approvals within 30 days?

6) Do you stay as far away from Short Sale Listings as Possible? Let's work together...YOU SHOULD GET paid something on every lead you generate...they cost money don't they?

7) Are you currently working with an "investment company" and wonder if what they are doing is Legal or ethical? Are you working with this company where the only way they get paid is by the buyer or seller? Are they closing your deals in 90 days or less? Why not?

Do Any of these situations sound like YOU? Well, we can work together and both get paid :) Something. which is better then nothing!!!!!

Depending on what stage you are with your Short Sale Listing and what package of services you are looking for will depend on How much I will require as a Referral Fee for obtaining a Bank Approval for your Short Sale.

What will MY Short Sale Services Cost you? If you maintain your position as Listing Agent?

Least Amount = 1% of the Purchase Price
Greatest Amount = 50% of the Negotiated Commission Accepted by the Bank for the Listing Side.

EARN 30% COMMISSION - AS A REFERRAL FEE

Click Here to download The Agent Referral Agreement

You Also have an option of referring the entire Short Sale listing and Full Negotiations to us for a 30% referral FEE payable to you within 72 hours of settlement. My partner and I will List, Market, and close on the short sale without any involvement by you.

MY Experience, Track Record, Resources...What can I do and What do I have in place to help???

AFTER becoming trained/certified to handle short sales - I opened a Full Service Lehigh Valley Short Sale Business in August 2009 where I work with a Real Estate Partner who handles the listing & Marketing and I handle all bank negotiations.

Certified Distressed Property Expert Trained
Short Sale & Foreclosure Resource Certified by NAR "SFR"
The Short Sale Genius Trained & Ongoing Coaching Program Member
Equator Short Sale Certified
Trained by Wells Fargo Short Sale Department

MY Track Record - Closing 5 out of 6 Short Sales as of 5-30-10

6 Short Sales on the Books as of 5-30-10 since August 2009 with 90% coming from Online/personal Referral - No other Marketing currently being done.
My first short sale closed at 83 Days on Market - I have been trained to do 90 days or better.
My Bank Approvals are on Average 2 Weeks after the offer has been submitted but 30 days is the longest it has taken me.
Settlements are within 60 days of the offer being executed - 30 days given for Bank Approval and 30 days for the Buyer to complete processing of the Agreement of Sale. - NOTE: FHA 203K takes 60 days from Bank Approval to close due to the loan requirements.
1 Short Sale Lost to Foreclosure - Due to the "investor" wanting to net over the BPO Current Market Value.

My Resources - Web Sites & Resources

1) Transaction Management, Ongoing Coaching/Training Programs - The Short Sale Genius
2) Consumer & Agent Education - www.LehighValleyShortSales.com & www.AvoidForeclosureScams.com
3) Weekly Followup - File Updates send an auto email to all parties of the Transaction and reporting is done via www.ForeclosuePrevention247.com

My Bank & Service Company Experience - As of 5-30-10
Chase - View Bank Approval Letter
Bank of America
GMAC - View Bank Approval Letter
Title 11 Funding - View Bank Approval Letter
Loan Resolution
ESSA Bank
HSBC Mortgage Services - View Bank Approval Letter
PNC Mortgage

My Short Sale Loans Experience
FHA & Conventional Loans
Fannie Mae & Freddie Mac Loans
1st & 2nd Liens

Lehigh Valley Real Estate FREE ONLINE WORKSHOPS for Home Buyers and Seller's

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Wed, 26 May 2010 14:44:33 -0400

Lehigh Valley Real Estate FREE ONLINE WORKSHOPS for Home Buyers & Seller's - 4 Workshops and 4 Times Available to fit your schedule. LIVE Chat for Questions and Answers during all Workshops

Complete Lehigh Valley Real Estate Workshop Schedule Page For Home Buyers and Seller's

Online Workshop Schedule

Workshop:

What Are The 20 Things You Need To Know Before You Buy a Home?

Time: Tuesday at 11:00a - Click Here to Register

What will you Learn?

This workshop will compare the pros and cons of renting or buying a home.
It will show you what to look for in a community and in a home.

You will learn 10 questions to ask you home inspector that can save you thousands of dollars.
Also you will be given insider tips on how to negotiate like Donald Trump.

It will show you how to find out what the prices are in a particular area are, and the answer will shock you.

Workshop: What Are The 10 Steps To Sell Your House Fast In A Slow Market?

Time: Tuesday at 9:00p - Click Here to Register

Workshop: How To Negotiate Like The Super Rich?

Time: Wednesday at 12:00p - Click Here to Register

Workshop: What Are The 8 Insider Tips To Build Your Credit?

Time: Thursday at 9:00p - Click Here to Register

No one should buy or sell a Home without first taking part in these incredible workshops!

Just be sure to sign-up soon because there is limited space available!

REGISTER HERE!

Other Helpful Links & Resources

Find US on Facebook - Our Home Buyer Education Page
Find US on Facebook - Our Current Homeowner - Foreclosure Prevention/Short Sale Page

FHA Renovation Loans - BEFORE & AFTER Photos of 203K Streamline & Standard Programs

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Wed, 24 Mar 2010 15:46:13 -0400

FHA Renovation Loans - BEFORE & AFTER Photo's of 203K Streamline & Standard Programs - Get a Visual of what you can do WITH your next home or even with a Refinance of your current home.

Renovation Finance Opportunities BEFORE & AFTER

The Buyer's Concern: "I wish the outside was as appealing as the inside" with The FHA 203K Standard Program...

The Buyer Concern: "A Red Roof? A retaining Wall that is falling down, we need nice landscaping package with a brick walk way and front Lamp post...what about new windows and siding? OH YEAH! and please close in the wannabe sunroom and give me an office! Again FHA 203K Standard Program you can include Landscaping updates also.



The Buyer Concern: "Bright Blue siding? No Air conditioning, we need new windows with the grids, let's tear down that old chain link fence and add a foyer enterence with coat closet, I would prefer Gray shutters not white, and OH YEAH! And that Tree needs to be tour out..It is too big and hides our new home!



The Buyer Concern: "Your Kidding!, Right? I have 5 daughters and this house only has 2 Bathrooms! With the 203K Streamline program..update Bathrooms and add that needed sit down vanity, ceramic flooring, and granite counter tops.



The Buyer Concern: "OH MY GOD! A Blue Kitchen, Look at those cabinets! They are just like my grandmothers! The kitchen is the most important part of my home, I need a double wall oven, much much more counter top space, there is no lighting in here either...I need recessed lighting and the appliances MUST BE Stainless Steal of course OH YEAH! The flooring will need to be ceramic please...YOU GOT IT! with FHA 203k Streamline program.



What ever you can imagine you can do with that outdated, lacking maintenance, handyman special, foreclosed or short sale property....ALL you need to find is a great location, wonderful community, the school district you want to live in, within the commute to work you want...AND as long as the home in it's AS IS condition PLUS the updates and repairs you want fit within your Pre-Approved Price range and the home will Appraise...YOU ARE GOOD TO GO!

WANT MORE? Check out more Topics or Go to my Lehigh Valley Foreclosure Blog

We have broken this process down to make it easy to understand and easy to get the basics.

What is FHA Renovation Financing & How Does it Work?

What Type of FHA Loans are Available for Renovation Financing?

What is the process for Getting an FHA Renovation Financing Loan?

Getting a Loan for Foreclosures, Handyman Specials & Short Sales - THERE IS A WAY

*
Lehigh Valley Foreclosures & Real Estate - FHA Renovation Loans - BEFORE & AFTER Photos of 203K Streamline & Standard Programs* Moriah Martin is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License

Lehigh Valley Foreclosures & Real Estate Getting a Loan for Foreclosures, Handyman Specials & Short Sales - THERE IS A WAY

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Wed, 24 Mar 2010 14:20:45 -0400

Lehigh Valley Foreclosures & Real Estate - Do you want a GREAT DEAL? Are you interested in finding a home that needs work but wonder how you can get a loan on the property? Then Rehab loans are for you. Learn Here.

Times have changed....we are digging our self out of a Recession and the way MOST are buying homes has also changed.

CURRENT FACTS

1) MOST Home Buyers are going with an FHA Loan where you only need 3.5% Down as of Today 3-23-10.
2) The problem with the Standard FHA Loan is there is an FHA appraisal required that will not allow any major home repairs and this will make it impossible for home buyers to purchase the below properties.

SO HOW CAN YOU BUY THE FOLLOWING TYPES OF PROPERTIES THEN?????

Our Current Lehigh Valley Real Estate Market is filled with the following types of homes.
Homes that Need "TLC"
"Handman Specials"
"Investor Specials"
"Foreclosed Properties - Enter at your own Risk" know as Bank Owned Homes
"Vacant & Occupied Short Sales"

The way to purchase homes like this IS the best KEPT secret in THE Lehigh Valley Area.

Now, this type of Financing is NOT something you can do on your own...you need the guidence of professional Mortgage Renovation specialists and a Real Estate Agent "Buyer Agent" who also works with Home Buyer's interested in purchasing Distressed - Handyman Specials, Foreclosures and walking you through the entire process of purchasing a home and getting a rehab loan that fits your needs.

NOTE: NOT EVERY MORTGAGE COMPANY WORKS WITH THESE PROGRAMS
NOTE: NOT EVERY REAL ESTATE AGENT IS INTERESTED IN HELPING BUYER'S WITH THESE PROGRAMS.
NOTE: IT IS HARD TO FIND INFORMATION ON THESE PROGRAMS AS IT IS NOT QUICK AND EASY TO DO...BUT WORTH THE TIME AND EFFORT. That is why you only found my Blog on the topic.

WANT MORE? Check out more Topics or Go to my Lehigh Valley Foreclosure Blog

We have broken this process down to make it easy to understand and easy to get the basics.

What is FHA Renovation Financing & How Does it Work?

What Type of FHA Loans are Available for Renovation Financing?

What is the process for Getting an FHA Renovation Financing Loan?

* Lehigh Valley Foreclosures & Real Estate - Getting a Loan for Foreclosures, Handyman Specials & Short Sales-THERE IS A WAY* Moriah Martin is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License

Lehigh Valley Foreclosures & Real Estate - What is the Process for Getting an FHA 203K Renovation Loan?

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Wed, 24 Mar 2010 14:02:05 -0400

Lehigh Valley Foreclosures & Real Estate - What is the Process for getting an FHA 203K Renovation Loan? Find out the Basics for FHA 203K Streamline and FHA 203K Standard programs

When ever there is anything offered by the government it tends to be a bit confusing...so, I have dedicated my time to learn everything I can about this program plus develop relationships with the Renovation Mortgage Specialists in the Lehigh Valley so I can walk my Lehigh Valley Home Buyers through taking advantage of this opportunity available to them.

What a wonderful idea. Build a Loan Program that will assist in building up our communities by renovating homes that are in need of maintenance AND repair- Foreclosures can be devistating to any community - NOW you can get a loan to help the home buyer to do the repairs they need that will help them have the home of their dreams and bring back the market value of the community where they are located at the same time. WOW! NOW THIS WAS A GREAT IDEA!!

THE PROCESS SUMMARY

FHA 203K Streamline Loan Summary

1. Borrower obtains pre-approval
2. Borrower selects property with qualified Buyer Agent
3. Borrower identifies work to be done - qualified Buyer Agent will assist in this process.
4. Buyer Agent confirms that the property will appraise based on the AFTER Improvements Value
5. Borrower makes offer on the property in AS IS condition & estimates work to be done if possible - If the scope of the work can not be estimated - Then the offer should be written with a condition of a contractor estimate equal to a certain cap amount.
6. Borrower goes under contract
7. Selected Contractor (s) validated (contractor required to complete standard validation package) Written Estimate is completed.
8. Borrow makes mortgage application.
9. Final underwriting review
10. Loan closes
11. Work begins within 30 days of closing
12. Draw center releases money to contractos with up to 2 draws per specialized contractor (up to 30% available for materials in first draw)
13. All work completed within 120 days of closing (4 months)

FHA 233K Standard Loan Summary

1. Borrower obtains pre-approval
2. Borrower selects property with Qualified Buyer Agent
3. Borrower identifies work to be done or contracts Feasibility Study with HUD consultant for $250.00 (applicable to total fee if proceed with transaction)
4. Borrower goes under contract and makes mortgage application
5. Initial credit review and commitment by underwriting
6. Selected contractor (s) validated (contractors required to complete standard validation package)
7. Borrower obtains work write up ("WWU") for HUD consultant as well as written estimates from contractors for work to be done.
8. "Subject to" appraisal ordered once WWU and all estimates received.
9. Final underwriting review
10. Loan closes
11. Work begins within 30 days of closing
12. Draw center releases money to contractors per WWU schedule and after periodic inspections by HUD Consultant
13. All work completed within 180 days of closing (6 months)

WANT MORE? Check out more Topics or Go to my Lehigh Valley Foreclosure Blog

What Type of FHA Loans are Available for Renovation Financing?

What is Renovation Financing "Rehab Loans" How does it work & The Benefits

* Lehigh Valley Foreclosures & Real Estate - What is the Process for Getting an FHA 203K Renovation Loan?* Moriah Martin is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License

Lehigh Valley Foreclosures & Real Estate - What Type of FHA Loans are Available for Renovation Financing? FHA 203K Streamline & Standard Loans

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Wed, 24 Mar 2010 13:45:59 -0400

Lehigh Valley Foreclosures & Real Estate - What type of FHA Loans are Available for Renovation Financing? FHA 203K Streamline and Standard Loans - Learn about the Basic program opportunities

Renovation Financing opportunities for FHA 203K Streamline Program - The quick and Easy (close within 60 days)

Owner Occupied ONLY! Sorry, No investor loans
For Purchase and Refinancing 1 to 4 Unit homes (including mixed use)
No minimum Repair amount - get as little as $1000.00 or as much as $30,000.00
15 or 30 year fixed rates
Adjustable Rate Products available - Great benefits for Homeowners who are looking to move within 5 years
Foreclosure Sales
HUD Properties
Bank Owned Properties & REOs (Real Estate Owned)
Estate Sales
TLC - Handyman Specials
The Streamline K is a simplified verson of the full FHA 203K Standard
NO Structural, site or landscaping repairs or improvements permitted.
NO HUD consultant required - Just a Certified & Approved Contractor Estimate
Work must be completed within 4 months for less
Left over repair escrow must be used toward the principle of loan
Credit Score 600 to 620 minimum

Renovation Financing opportunities for FHA 203K Standard Program - The Complete Package - Skies the Limit

Everything as the Streamline Program BUT More Paperwork, but MANY MORE OPTIONS
$5,000.00 minimum repair amount NO CAP - Property just needs to appraise at current market value
Greater fliexibility on repair amount or type of improvements which can be made.
Leftover repair escrow can be used for additional improvements
HUD Consultant required - fee sliding scale based upon amount of work being done
Work must be completed within 6 months or less.
If the home is not able to be lived in after settlement the home buyer can finance 3 or 4 months of mortgage payments in the loan until move in.

WANT MORE? Check out more Topics or Go to my Lehigh Valley Foreclosure Blog

What is FHA Renovation Financing "Rehab Loans" How does it work & The Benefits

What is the process for Getting an FHA Renovation Financing Loan?

Getting a Loan for Foreclosures, Handyman Specials & Short Sales - THERE IS A WAY

* Lehigh Valley Foreclosures & Real Estate - What Type of FHA Loans are Available for Renovation Financing? FHA 203K Streamline & Standard Loans * Moriah Martin is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License

Lehigh Valley Foreclosures & Real Estate - What is FHA Renovation Financing "Rehab Loans" , How Does it Work & The Benefits?

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Wed, 24 Mar 2010 13:36:44 -0400

Lehigh Valley Foreclosures & Real Estate - What is Renovation Financing "Rehab Loans" & How Does it work? - What are the Benefits to the Lehigh Valley Home Buyer?

What is Renovation Financing?

It is financing will all the fixings
The money to purchase a home
The money to repair, upgrade or remodel
All in a single first mortgage transaction
FHA Programs Available - FHA 203K Streamline, FHA 203K Standard

How Does Renovation Financing Work?

Loan amounts are based upon AFTER IMPROVED property values
Estimates of repairs and/or other improvements are determined prior to closing
home purchase closes in AS IS condition
Home Buyers make improvements AFTER closing (4 to 6 months)
Renovation costs are spread throughout the mortgage term

What are the Benefits of Renovation Financing? for the Home Buyer "Borrower"

Choose a great lot or neighborhood and create their dream home.
Take advantage of market opportunities with "Handyman Specials"
Stay within certain school districts, but gain modern amenities
Make Energy Efficient Upgrades
Build Instant Equity

WANT MORE? Check out more Topics or Go to my Lehigh Valley Foreclosure Blog

What Type of FHA Loans are Available for Renovation Financing?

What is the process for Getting an FHA Renovation Financing Loan?

Getting a Loan for Foreclosures, Handyman Specials & Short Sales - THERE IS A WAY

* Lehigh Valley Foreclosures & Real Estate - What is FHA Renovation Financing "Rehab Loans", How Does it work & The Benefits?* Moriah Martin is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License

8000 Home Buyer Tax Credit - Deadline April 30th - $5000.00 Can be used for Closing Costs & Down Payment

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Wed, 24 Mar 2010 12:35:19 -0400

Home Buyer Tax Credit - Deadline April 30th - $5000 can be used for Closing Costs & Down Payment Let me help you through it.

Let's Face it, The Home Buyer Tax Credit is GREAT! BUT, Most of us need it up front to help us with the closing costs at settlement.

Wouldn't it be great if YOU can get $5000.00 of the $8000.00 upfront to use for your closing costs at settlement? Well, If you make less then $70,000.00 per year...you have a really good chance!

There are a few other requirements....but, the catch is MANY Mortgage Companies are NOT offering this program.

THATS WHY YOU HAVE NOT HEARD ABOUT IT TILL NOW!

But, in the Lehigh Valley Area...you can get qualified for ALL the Down Payment and Closing Cost Assistance programs through 2 different local Direct Mortgage Companies...I will help guide you.

The point is you can get this $5000.00 to help you with closing costs AND you can also get $5000.00 in Seller's Assist to help with your closing costs from the seller!

ONE MORE CATCH - As of Last week there was only enough money left to help 450 more Home Buyers with the $5000.00 up front money for closing...Quick BEFORE the money runs out and April 30th is HERE!

There is still plenty of time to find your Dream Home. What do you have to lose?

This is the worst thing that can happen.

1) You get pre- qualified FOR FREE through one of the ONLY 2 places in the Lehigh Valley that can offer you the Down payment and closing cost assist for the $8000.00 tax credit and YOU DO NOT QUALIFY.

2) You do qualify for the program AND between NOW and April 30th you do not find the home that fits your needs. STILL NOTHING LOST. At least you tried. So, You can still buy a home or you can just stay where you are.

3) You do qualify for the program, You find a Home and the seller picks the other offer. Then it was not meant to be...BUT YOU STILL TRIED! So, we find another home! and try again.

BEST CASE. You Qualify, You Find a Home, The seller Accepts your offer and You GET 8000 TAX CREDIT - 5000 to help you purchase the home and 3000 within 12 to 24 weeks after you send in your amended Tax Return!

Don't Delay....contact me today and we will get started - IT COSTS YOU NOTHING FOR ME TO HELP YOU...The Seller's Agent shares their commission with me at settlement.

* Lehigh Valley Homes & Real Estate - $8000 Home Buyer Tax Credit - Deadline April 30th - $5000 can be used for Closing Costs & Down Payment * Moriah Martin is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License

Lehigh Valley Home Buying LOANS for TODAY not YESTERDAY - A New Loan to Purchase Foreclosures

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Sun, 07 Feb 2010 20:15:36 -0500

Lehigh Valley Home Buyer Loans for TODAY not YESTERDAY. A NEW Loan to Buy Foreclosures! MAY 1ST 2010 Deadline - Use in addition to The Home Buyer Federal Tax Credit! NOW, THAT'S SO MAJOR INCENTIVE to purchase!

THIS LOAN IS OPEN TO OCCUPIED Home Buyers and Investors! Holly COW - Investors normally needs to put down 20%, right!!!! come on people...this is GREAT!

WOW! There is a new Mortgage Loan in town. He is only staying local for Home Purchases that close on or before May 1, 2010. BUT, That's okay because to use the Tax Credit you need to be under agreement by April 30, 2010. So, all agreements should be locked in with your Mortgage Lender by April 30th....Let's take a look at how much money YOU WILL BE SAVING!!!!!

I am soooooo excited!

If you get an FHA Loan - 3.5% Down - This is the most common loan because it has the least restrictions, you can purchase a home anywhere in the Lehigh Valley OR EVEN PA FOR THAT MATTER.

Now with FHA - These loans have special FHA Appraisals that cost you about $400 to 475.00 to get them and they will NOT allow you to buy a home that has chipping or pealing paint in a home that was built prior to 1978...It is the best program out there RIGHT NOW! But, for a short Time...WE NOW HAVE A NEW GAME IN TOWN LADIES AND GENTALMAN! if you are at a price range of 200,000.00 and under there is a really good chance you will be purchasing a home built prior to 1978....if you live in the Lehigh Valley Area.

WITH the NEW Temporary Fannie Mae HomePath Mortgage Program - You can purchase a Fannie Mae owned FORECLOSURE, with 3% down which can save you bucks on the downpayment (100,000.00 loan for FHA $3500.00 down - Same loan with 3% down is only $3000.00) So, you say what the heck? MORIAH...$500.00 is NOT that much money? Yes, IT IS! With this $500.00 instead of using it for down payment it can be used for De-winterizing the property, Turning the Utilities on for the Home Inspecton and ordering the CO inspection. These are the major reasons why Home Buyer's can not afford to purchase a Foreclosed Home due to these extra out of pocket expenses. PLUS...THAT'S NOT IT! Fannie Mae will also give YOU 3.5% toward your down payment and closing costs! Holly COW! on a $100,000.00 purchase the bank will give you $3,500.00 toward your down payment and closing costs or this money can but used to purchase appliances for your new home...one of the items that are usually missing from a Foreclosed Property! yeah, the previous seller usually takes the appliances with them, wouldn't you?. Well, this can cost a New Home owner $3500.00 or more and HERE it is being paid for YOU! Awesome deal!!!!

So, now on a $100,000.00 property that is $4000.00 in cash that a Home Buyer can get on a Foreclosed Home....Let's Review, FHA Loan gives you NOTHING and MAKES you put down an extra 5% and you can not even purchase many foreclosures due to the chipping and pealing paint!

NOW, Let's see what local lenders are going to get on board with helping offer this program to home buyers.

So, Far I noticed on the following Mortgage Lender List of our Lehigh Valley Popular Direct Lenders so far...showing on the Fannie Mae Website is Met Life Home Loans - who are the other players?

Okay, so HERE are some links to help
Fannie Mae News Release Article 1-29-10
HomePath Financing Program Info

Don't Forgot...Learn BEFORE you Buy your next home!
www.LehighValleyRealEstate.TV

Lehigh Valley CASH Investors, PreApproved Short Sale - Bethlehem North Twin - Written Plan for 21% Return within 2 yrs - OFFER DEADLINE 2-15-10

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Sun, 07 Feb 2010 12:41:19 -0500

Lehigh Valley CASH Investors, PreApproved Short Sale - Bethlehem North Twin - Written Plan for 21% Return within 2 yrs - OFFER DEADLINE 2-15-10

This is FOR REAL - BUT LIMITED Time...there's a catch you must have your written offer in by 2-15-10 and go to settlement on or before 2-26-10. Other wise the bank will be taking this one through the Foreclosure process.

Okay, Yeah this is for REAL. Check it out. I ran ALL Estimate cost, expenses and projected Net Profits for YOU.

DO YOU LIKE a 21% RETURN ON YOUR INVESTMENT within 2 yrs? Does Cap Rate Confuse you? It's okay..I don't even mention cap rate...just plan simple cash return on your total investment and this deal can get you a 21% return over 2 years if you follow my plan. I wish I had the money to invest because I would do it myself and that's the plan truth!

MY PLAN.
Okay, See at the BOTTOM of this Blog information about Current Market Value, CO Report, Roof Estimate...I have everything covered...if I don't let me know and I will cover that too.

THE DISCLOSURE: This is given in My professional Opinion all investments should be confirmed on an individual bases and by your tax accountant or investment specialist – Moriah Martin, RE/MAX real estate. (To me the numbers are proof)

PRE-APPROVED SHORT SALE - 83,720.30 - Yeah the bank even wants the .30 cents too...LOL

Propery Location: 931 Fernwood Street Bethlehem, PA 18018 - Click Here for LV MLS Details

Basic Features: 3 Beds 1 Bath, 1400 sq feet, Covered Front Porch, Updated Kitchen, Updated Electrical and Heating system (not highend or brand new not org either) Partial Finished Basement and Attic but needs so work, fenced in back yard, off street parking.

At the Most the property can use $15,000.00 – Low End Repairs – Not Highend this is an investment property.

$7000.00 for a new Roof – We have estimate Actually – The Estimate came in at 5000 but you may need to replace Plywood
$8000.00 For painting, Carpet, and other small repairs

The more you do the more the property will be worth of course.

Investment Estimated PURCHASE NUMBERS

The Purchase
Price = $83,720.30 (preapproved by Bank)
Closing Costs as Shown on Est HUD = $4067.15
TOTAL CASH NEEDED TO CLOSE = $87,787.45

(I can email you the Estimated HUD from the Title Company, yeah I know it's hard to believe..LOL)

Estimated Repairs $15,000.00 + TOTAL CASH NEED TO CLOSE = 102,800.00 (rounded #’s)

OPTIONS

1) Rent Property for minimum $850.00 – see proof below (depending on updates could get more) Worst Case 850

(950 is proven by current market value)

2) Rent to Own for first 2 years and then sell at $118,000.00 this is slam dunk sale right now – see proof below - I am already working with Interested Lease option to Buy Home Buyers...they are Flocking in...the loans are harder to get...but, with me they work with Local Credit Repair Companies...okay, yeah...the right way to depend on a future sale.

OKAY, SO, Annual Rental Income at 850.00 per month = 10,200

Estimated Costs For Rental on Annual Basis
Maintenance Calls - $1500.00 - It's a good idea to use a Home Warranty Company to help.
Property Taxes – 2473.00
Property Ins 1000.00

YOUR Net Rental Income = $5227.00 Annual (based on all costs above) THIS IS WORST CASE.

If you resell in 2 years at 118,000.00 (this is worst case and a slam dunk deal in this market, if you don't think so just work with me and I can make it happen for you)

118,000.00 Minus cost of Sale in Future - *$3800.00 - Org Investment = 102,800.00 = $11,400.00 Net YEEEEHAAAWWW

TOTAL NET OVER 2 YEARS = $21,854.00
or you can just continue to RENT year after year after year. Raising the rent $50.00 each year..etc.

*3800.00 Above is figured on using a Real Estate Agent (like me..lol) to assist in the sale in the future if needed a 2% plus other standard closing cost 1% Transfer and 110 deed prep and 35 notary fee.

THE PROOF - CLICK ON THE LINK THAT INTERESTS YOU.
The FULL Property Detail from the LV MLS
The Proof with a CMA (which also includes these numbers above)
The Bethlehem CO Report (everything is revealed in this deal)
The Current Comps for this Investment within a .5 Mile radius with Photo's
The Roof Estimate

Are you IN?

Lehigh Valley Real Estate - FREE Home Buying Seminar / Workshop in Allentown, PA

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Sun, 08 Nov 2009 16:12:47 -0500

Lehigh Valley Real Estate & Homes - Free Upcoming Home Buying Seminar / Workshop being held in Allentown PA - Learn before you buy - Not only First Time Home Buyers - Repeat Buyers welcome too.

UPDATE 5-26-10: Updated Dates/Times and Speakers

FREE Home Buying Workshop

WHEN: February 6, 2010
What Time: 11am to 12:30pm WHERE: RE/MAX real estate Office 3021 College Heights Blvd Allentown, PA 18104

Go to MapQuest to Get Door TO Door Directions

Registration is a MUST click HERE!

Refreshments will be served

WHAT WILL YOU LEARN?

Down Payment & Closing Cost Assistance Programs (state & local)
How to Determine how much a home is worth to make an offer.
How, When, & Why to Get Prequalified
How to get the seller to give you... $5000 toward your closing costs
No down payment Loans & 3.5% down payment loans
How much are closing costs?
Common Inspections to get on a home
How a Real Estate Agent get's Paid
and MUCH, MUCH MORE.

Local Professional Instructors Include

Moriah Martin, Real Estate Agent
RE/MAX real estate, Allentown PA

Other Lehigh Valley Real Estate and Home Buying and Selling Questions
10 Top Home Buyer Questions
Top 5 Lehigh Valley Seller Questions
What is a buyers Agent?
10 Things you should know about Buying a Foreclosure

*Lehigh Valley Real Estate - FREE Home Buying Seminar / Workshop in Allentown, PA * Moriah Martin is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License

Lehigh Valley Homes & Real Estate - The Home Inspection 4 Things Buyers & Sellers should Know

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Sat, 07 Nov 2009 16:23:03 -0500

Lehigh Valley Homes & Real Estate - The Home Inspection 4 Things Buyers and Sellers should know - When selling a home in Allentown, Bethlehem, Easton or the surrounding area..you should be prepared when it comes to the home inspection.

Tips for Lehigh Valley Buyers and Sellers about the Home Inspection.

This information will apply to you ONLY If you plan on working with a Real Estate Agent to buy and or sell a home in the Lehigh Valley PA area. If you plan on selling your home as a For Sale By Owner..this may not apply to you. This ONLY applied to those who will be using the PA State regulated Residential Standard Agreement of sale for the Sale of Real Estate.

These Tips will help Buyer's Make stronger offers that will stand up against other competing offers and give Seller's ideas of key areas that they should consider with negotiating the offer they get on their home. In my opinion these Tips are beneficial for the buyer and the seller.

1) Buyers & Sellers - You have two options when negotiating the Home Inspection condition of the agreement of sale.

OPTION 1: Says "Mr. Seller I am a smart buyer and I am going to get a home inspection and no matter what the home inspection report says, I have the right to walk away and get my deposit money back"

OPTION 2: Says "Mr. Seller I am a smart buyer and I am going to get a home inspection and no matter what the home inspection report says, I will be forced to negotiate with you first BEFORE I walk away and get my deposit money back"

MY Opinion: Option 2 keeps everyone communicating and while the intentions of both sides is for the buyer to buy and the seller to sell...this is just a much better way to sign an agreement of sale with a home inspection condition in my eye's.

2) Buyer's & Seller's - When the offer is being negotiated be familar with the Home Inspection Exclusion Clause area of the Agreement of Sale...you should be keeping in mind if the home is being listed and sold with the roof needing to be replaced as an example or the buyer knows that the Furnance is at it's end of life and they plan on replacing it and this is the reason for their offer at lower than current market value...items that are not being considered to be conditioned on the home inspection should be written as an exclusion in the home inspection condition section. This is really important when negotiating...because if a seller is going to give a buyer a large discount due to replacing the roof or doing any major mechanical items...then the buyer comes back and says..after the home inspection..well, the inspector says the roof needs to be replace...anything that is NOT in writing is NOT in writing. Keeps everyone honest and also makes a buyer's offer stronger against other competing offers...because very few people use the exclusion field of the Agreement of Sale. I have beat many competing offers due to adding exclusions to this area.

3) Buyer's & Seller's - You should know that there are a few different types of inspections that will be conducted the home for the buyer during the execution of the agreement of sale. Which can cause reasons for re-negotiations 2 to 3 times over before settlement. There may will be the following inspections on the home depending on the Home Buyers Type of Mortgage, The inspection conditions requested by the buyer, Home Insurance Company selected, the Muncipality the home is located in.

Who may inspect the home which can cause a reason for future negotiations due to repair requests

1) The local municipality for a CO resale inspection
2) The Typical Home Inspector
3) The Mortgage Appraiser - Could be for FHA or Conventional apprasial
4) The Septic Inspector (unless it's public water)
5) A Water Test if it's well water (unless it's public water)
6) A Radon Inspector
7) The Homeowners Insurance Company
8) A Termite Inspection

All Inspections must be conducted within 15 days ACCEPT the appraisal. The appraisal needs to be completed prior to the Mortgage approval Date which is another deadline within the Agreement of Sale.

4) Buyers & Sellers - The Typical Home Inspection time Frame and Who should Attend? A Home Inspection for a home that is 2000 sq ft takes about 3 hours. Seller's you really should not be home - Buyer's you should be there ...not only to learn about your new home, but to make sure the inspector is doing what he is suppose to be doing and I even believe the Buyer Agent should also be present just in case there are issues ...so everyone can get a visual of the problem and negotiations can be conducted in a clearer and more professional manner.

Other Lehigh Valley Real Estate and Home Buying and Selling Questions
10 Top Home Buyer Questions
Top 5 Lehigh Valley Seller Questions
What is a buyers Agent?
10 Things you should know about Buying a Foreclosure

* Lehigh Valley Homes & Real Estate - The Home Inspection 4 Things Buyers & Sellers should Know* Moriah Martin is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License

Lehigh Valley Foreclosure & Real Estate - 10 Things to know about Buying Foreclosures

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Sat, 07 Nov 2009 16:21:37 -0500

Lehigh Valley Foreclosure & Real Estate - 10 Things to know about Foreclosures in the Lehigh Valley Area - Thinking about Buying a Foreclosure, Bank owned, REO or Short Sale Property? Things you need to know first.

Foreclosure's can be a great opportunity for a Home Buyer to get a property at a discounted Price.

BUT Before just jumping into this head first and ONLY looking for a Foreclosure to purchase...let's make sure you know some details about buying a Lehigh Valley Foreclosure.

1) Typically a Foreclosure has been vacate for about 1 year BEFORE it has become available on the MLS for you to purchase. Typically, Foreclosures are sold & Listed at 20 to $30,000.00 under current Market Value. Some are more and some are less.

2) Over 75% of the Time the Utilities in the property have been turned off and the home has been winterized. So, Bring a Flash Light to your showing :-)

3) Not all Foreclosures can get financed by the standard FHA or Conventional Loan BUT can get financed by using an FHA 203K Streamline Loan.

4) The buyer will be responsible for turning on all the utilities in their own name to conduct any Buyer requested home inspections and leave the utilities on for the Mortgage appraisal, Homeowners Insurance Company Inspection and Municipal Resale inspection, if required.

5) The buyer will be responsible for ordering and paying for the Municipal Resale inspection for the purpose of getting a clear certificate of occupancy from the Local Municipality and also be responsible for any repairs that come up on this report. These repairs do not need to be completed prior to settlement but usually will need to be completed and the property reinspected between 30 days and 1 year from the purchase date.

6) You can have your Real Estate Agent setup a search on the Lehigh Valley MLS to ONLY search for Foreclosured properties if you would like. Just ask them to search the special condition of Bank Owned and this will accomplish your goal. Today: 11-7-09 there are 247 Bank Owned Properties for sale in Lehigh and Northampton county.

7) Foreclosures come in the form of several different names: Bank Owned, REO "Real Estate Owned" , Foreclosure, HUD owned. Depending on the type of Foreclosure and the Bank who owns the Home, will depend on the process in which you will be required to make your offer and also the additional addendum's you will be required to sign.

8) Foreclosures can take anywhere from 2 to 6 weeks just to get a reply from the bank.

9) Banks do prefer to have cash transactions, then conventional loans, then FHA loans. But, do not be afraid to give it a shot if you are interested in a foreclosure...the worst thing that could happen is that your offer does not get accepted. When your offer is going through the reply process and You are waiting on an reply to your offer from the bank...I suggest you keep watching the market just in case your offer does not get accepted.

10) Not all Real Estate Agents like working with Selling Foreclosed Properties. So, make sure when you are looking for a Buyer agent that you find out what types of properties they will help you purchase.

LAST NOTE: A Short Sale is NOT a Foreclosed Property. A short Sale is a pre-foreclosure...this is when a homeowner trying to avoid the foreclosure process by conducting a short sale on their property.

Other Lehigh Valley Real Estate and Home Buying and Selling Questions
10 Top Home Buyer Questions
4 Things to know about the Home Inspection
Top 5 Lehigh Valley Seller Questions
What is a buyers Agent?

* Lehigh Valley Foreclosure & Real Estate - 10 Things to know about Buying Foreclosures* Moriah Martin is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License

Lehigh Valley Real Estate & Homes - Top 5 Lehigh Valley Seller Questions

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Sat, 07 Nov 2009 16:20:14 -0500

Lehigh Valley Real Estate & Homes - Top 5 Lehigh Valley Seller Questions when selling a home in the Lehigh Valley PA Area. Lehigh Valley Real Estate selling techniques and suggestions including Allentown, Bethlehem, and Easton.

When thinking about selling a home it can be a very stressful and overwhelming time for you. If you get 3 Different Real Estate Agents to give you a CMA (current market anylasis) Bascially, Tell you what you can list and sell your home for...you may get varied answers, but each one should be within the same range...unless they are just tell you what you want to hear. But, hopefully with the following information it will give you a bit more knowledge about selling your home in the Lehigh Valley and a few of the Top Questions most Seller's have in today's market.

1) What is my Home worth?

The only way to find out what your home is worth is to have a local real estate agent come out to your home to conduct a walk through and then return to the office and research the Lehigh Valley MLS for properties that have SOLD in your community recently (3 to 6 months) max if possible and by comparing features, updates/upgrades, lot size, bedrooms and Baths (within a 1 plus or minus) and sq feet (within 300 sq ft plus or minus) and see how they compare to yours. This is the way a Mortgage Appriaser for the Buyer's Mortgage Company will establish value to your property and the Buyer's Agent will establish market value for the buyer when they are making an offer. See about Blog about establishing market value by using Online Consumer Resources like Zillow & Trulia.

2) What if I owe more on my home than it is worth right now AND you want to SELL?

If you are a seller who NEEDS to sell your home due to a financial hardship which is or will cause you to fall behind on your mortgage at sometime in the near future you can wither sell your property and bring the difference between what your home sells for and what your loan amount/Closing costs area OR you can work with a local Real Estate Agent who is educated in the Short Sale Process and conduct a Short Sale on your property.

3) Is Today a Bad time to sell?

For those sellers who have owned their home prior to 2004 the average appreciation in the Lehigh Valley Typically has been between 3 to 5% annual. Most capping about 4% So, if you look at what you purchased of your and added 4% appreciation every year...the final number should be right around what your home should be worth if you have maintained your home and added average updates.

Those who have purchased and/or Refinanced their homes between 2004 and 2007 may find it difficult to sell their home in 2009 through 2012. The reason is because the value's of homes during 2004 and 2007 where inflated and frankly properties where appraised for values they should have never been valued at. Values where increasing 20 to $30,000.00 just over a few months.

So, the issues with the Housing Market are all steaming around the time period of 2004 to 2007 and if you where not involved with the purchase or refinance during this time period, this should be a good time to sell.

4) What should I do to get my home ready to sell?

This is something that can not be answered as everyone's situation is different. It will depend on what your home is worth in it's current condition compared to other properties sold and currently on the market. It depends on what the numbers are. The important point you should know is a home can be sold outdated and needing TLC but it just needs to be priced correctly in the market place. The key is - You should be watching the market daily like you are a buyer looking for homes just like yours, in your School District, price range, sq foot and bed/baths...think like a buyer and have a search setup like a buyer...if the buyer is seeing other homes like yours that are showing nicer for a lower price...then your home that is currently listed on the market. All you are doing is helping sell the other homes. You NEED to compete with the other homes on the market as you are in a compeition to make your home be the best overall value fixed up or not. There are many people in today's market that need a home that is larger but NOT updated/upgraded with all the highend stuff...because they can better afford purchasing the home without the $20,000.00 in updates and then do the updates slowly as they have the money. You see? So you just need to price it fairly and they will come. Price it over market value and you will get no showings and the home will just sit on the market wasting time while all the other homes get sold.

5) Shouldn't we Add 20 or $30,000.00 to the current market value price when we list it so we have room to negotiate with the Buyer?

ABSOLUTELY NOT! I know this seems like a common sense approach to selling a home and this may have worked many years ago before buyers where being represented by Buyer Agents and before 1999 when there was no such thing as the Lehigh Valley MLS. But, now. This is HANDS DOWN the worst thing you can do when selling your home. Let me give you a few reasons why.

Reason #1: The current market value of your home is proven by other homes that sold recently (3 to 6 months) so, The buyer's setup their search with a Professional Buyer's Agent Guiding them.. for the price range of homes current market value and what they can afford for homes like these. Let's say you are selling an semi updated Cape Cod in South Whitehall/Parkland Schools. Homes like these are worth currently 179,000.00 needing just a bit of work to $200,000.00 all updated...Your home is worth max 190,000.00 because the homes at $200,000.00 have double the size lot, Central Air, Finished Basements and 2 car Garages. You list your home at 210,000.00. Well, The problem now is the Buyers price range for homes is caped at 200,000 or under because that is the current market value for a home like yours. But, BECAUSE you have OVER priced your home...your home is not even coming up in their search results.

Reason #2: Because you have decided to over price your home so you can "negotiate" with the buyer who never even views your home because it is not within their price range...or even the price range of other homes like this..you will not even get an offer on your home from this buyer because they will not be looking in that price range. The price range you have selected to put your home in is for homes that are bigger and better and your home will now be helping the other homes sell faster. Remember, when buyer's search for homes to view they conduct searches by area, schools, bed/baths and sq feet - sometimes lot sizes. You need to be right in the middle of the search conducted for the type of home you have OR you will never come up in the MLS and thus your home will never be seen and never sold. Think of it like a beauty compeition....weather it be an upscale or average compeition...everything needs to be equal or better and on the same playing field to compare and sell againts other "like" properties.

Reason #3: The longer your home is on the market - The Buyer's think...what is wrong with that home? Why didn't it sell? Now, if they are working with a Buyer's Agent...the Agent will explain typically, the reason why homes do not sell is because it was not listed at current market value when they are initial listed on the market..they are over priced. Eventually, when the seller realizes this...after being with 2 or 3 Agents...they end up at the price that the 1st Agent told them to list at which is current market value for the property! If you look at all the homes that are listed at current market value and SOLD..you will notice the days on market are all 27 to 45 days..this means they actually sold within a week or two. Because, they where in the right search for the buyers and the buyers evaluated all the homes in this price range for this type of home and it sold BECAUSE IT WAS PRICED RIGHT.

Reason #4: Save Time, Money and Frustration by just listing your home at current market value. Yeah, it takes time & money to clean for showings, it is frustrating to have a showing request when you are not feeling well....selling is not easy...but, you are not doing yourself any favors listing your home wrong...yeah...you can find a Real Estate Agent that will tell you what you want to hear and then just sit and do all the work for nothing...when you will end up selling for current market value anyway...or even worse...less than current market value because you are just sick and tired of showing your home or you have already found your next dream home and you do not want to loose it. JUST Do everyone a favor and DO IT RIGHT THE FIRST TIME.

Reason #5: True Professional FULL TIME Real Estate Agents will not agree to listing your home over current market value without getting a pre-signed agreement within 2 weeks of listing your property reducing the property to current market value upon no showings and no offers. Remember, You hire a Real Estate Agent to sell your property for Fair Market value nothing more and nothing less...then in order to accomplish this goal we must do what needs to be done right the first time.

Other Lehigh Valley Real Estate and Home Buying and Selling Questions
10 Top Home Buyer Questions
4 Things to know about the Home Inspection
What is a Buyer Agent?
Buying a Lehigh Valley Foreclosure, 10 things to know

*Lehigh Valley Real Estate & Homes - Top 5 Lehigh Valley Seller Questions * Moriah Martin is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License

Lehigh Valley Real Estate & Homes - What is a Buyers Agent?

Moriah Martin - Lehigh Valley REALTOR® (RE/MAX real estate) — Sat, 07 Nov 2009 16:18:37 -0500

Lehigh Valley Real Estate & Homes - What is a Buyers Agent? Okay, so we have Real Estate Agents - Some are called Seller's Agents and Some are Called Buyer's Agents, What is the Difference and why should I care?

In the State of PA you can have many different relationships with a Liscensed Real Estate Agent.

I am going to talk to you about working with a Lehigh Valley Real Estate Agent for the purpose of selling or buying a Residential home in Allentown, Bethlehem, Easton or a 35 mile radius of this within PA (not including New Jersey)

The Real Estate Agent and WHO they represent in a Transaction (think of it like a Doctor or Attorney relationship)

The Seller - When a Real Estate Agent helps a Seller sell their home and they place a FOR SALE sign in the front yard. This Real Estate Agent is know as the Listing Agent and/or Seller's Agent. Their job is to represent the seller in selling their home, make sure they work on behalf of the seller to negotiate and protect the best interest of the seller at all times. Main Objective to get the most money and best conditions for the seller when a buyer makes an offer on their home. Usually, this is the Real Estate Agent you are meeting at the Open house BUT not always...many times other Real Estate Agents help the listing agent by hold open houses for them.

The Buyer - When a Real Estate Agent helps a Buyer - Buy a home - meaning help the buyer with searching for a home - finding a mortgage on a home and evaluating current market value for the home they are interested in making an offer on...The Agent's main objective is to represent the buyer in purchasing a home, make sure they work on behalf of the buyer to negotiate and protect the best interest of the buyer at all times. This Real Estate Agent is known as a Buyer's Agent.

A word of Caution - It is not in the best interest of a buyer to call a FOR SALE sign and request that the seller's agent show them the home. There are complicated reasons why....but one really good and simple reason is the seller's agent works for the seller NOT the BUYER. You need your own agent to show you the property AND this agent should be someone you have interviewed or researched as the home you are interested in looking at may be your dream home and since this is one of the most important decisions in your life...don't just pick an agent out of a hat. This person is just as important as choosing your doctor or attorney...trust me. Do you research and compare agents...do a search on google and see what comes up.

Side Note: A Real Estate Agent "Buyer Agent" can show you any home that is listed for sale in the state of PA. Although most work in certain territories...as an example I primarily work in the Lehigh Valley area which includes Lehigh & Northampton counties But, from time to time I also cover just over the lines of Bucks, Berks, Monroe, and Carbon county too.

A surprising Fact - How much do you pay to have a Buyer Agent?: When a Home Buyer requests the assistance of a Buyer Agent to purchase a home that is listed on the Lehigh Valley MLS - The Buyer pays nothing for this Buyer Agent to help them through out the home buying process. which is typically 3 to 6 months from the time you start looking for a home to the time you go to settlement on a home. Depending on your needs of course. Once a Listing is added to the Lehigh Valley MLS this actually makes a contract between the Listing/Seller's Agent and ALL of the Buyer Agents in the Lehigh Valley that when the Buyer Agent helps sell the property by helping their buyer purchase the home listed by the seller's agent...the seller's agent will share the commission paid to them by the seller at settlement. Pretty cool huh?!

Other Lehigh Valley Real Estate and Home Buying and Selling Questions
10 Top Home Buyer Questions
4 Things to know about the Home Inspection
Top 5 Lehigh Valley Seller Questions
Buying a Lehigh Valley Foreclosure, 10 things to know

* Lehigh Valley Real Estate & Homes - What is a Buyers Agent?* Moriah Martin is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License