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Displaying blog entries 41-50 of 193

Don't Let Your Credit Score Drop Unnecessarily

by The Pilgrim Team

Don't Let Your Credit Score Drop Unnecessarily

Avoiding Foreclosure now could make or break your attempts to get a loan in the near future and determine whether you can get affordable interest rates.

That's why I've made this site available for anyone in our community struggling with Home Financing payments. Foreclosure alternatives like short sales and deeds-in-lieu allow homeowners to avoid many of the damaging effects of foreclosure. In addition, short sales may have less of an impact on credit scores than foreclosure.

To get all the information on how these options affect your credit score, fill out the form below and click "Send". If you need immediate assistance, contact me right away.

I'm here to assist you.

 
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York PA Real Estate Sales for July

by The Pilgrim Team

Home Sales Comparisons for July 2009 and July 2010 in York County PA

 

July 2009

Homes for sale in york pa sold = 407, Total new listings = 859, average list price sold was $189,141 and sold price was $183,511, Average unsold median price was $228,398.

July 2010

Homes for sale in york pa sold = 271, Total new listings = 741, average list price sold was $176,203 and sold price was $170,014, Average unsold median price was $370,201. The amount of time it will take the market to absorb the current inventory (3,220) would be 11.88 months.

As you can see that there was a -33% decrease in sales from a year ago. With a total inventory of 3,220 currently unsold Homes for sale in york pa, properties must be positioned at the correct price or the market (buyers) will reject the over priced properties. Most surprising is the huge jump in the unsold median price of homes ($370,201) which is a indication that the upper price brackets are not selling and continue to build in the inventory of homes. This is an alarming trend that must be reversed sooner rather than later.

With the current interest rates hovering in the low 4's NOW is the time to buy a home at low prices and with potentially low principle and interest payments. I believe the current economic uncertainty must be cleared up and property taxes always on the rise are putting a damper effect on higher end Homes for sale in york pa. Something must be done in Harrisburg soon or we face a worsening crisis with high end homes.

 

Electric Rate Caps Expiring

by The Pilgrim Team

'What does the electric rate caps expiring mean?' The electricity rate caps were put in place in 1997, controlling costs after legislators restructured the electric industry. The caps for FirstEnergy's Met-Ed, which services most of York County, are set to expire Dec. 31.  This means that Met-Ed can increase its rates. Customers may want to shop for another company to cover the generation portion of their home electricity service, explained Terry Gilman, FirstEnergy spokesman.  Met-Ed will still service the area for transmission and distribution, he said, regardless of which company a customer chooses for generation. Generation reflects only the production of electricity.  The electricity will still be transported through Met-Ed's lines, and Met-Ed crews will still be on scene when there's a problem with lines, he said.  Customers have had the ability to shop for generation suppliers for years, but few chose to do so because Met-Ed's rates were capped, he said.

'What can homeowners do?' Customers who choose to find a new generation company can start by visiting www.papowerswitch.com said Christina Chase Pettis, a spokeswoman with the state's Public Utility Commission.  The PUC Web site walks customers through the process of finding a supplier, she said. By November, the site will be updated to include a list of the generation rates of several licensed companies, she said.  Area residents are likely to be inundated with mailings from companies over the next several months, but it's important to choose a company licensed with the state, she said.  It's also important to read the terms of the contract into which the customer would be entering. Some companies, just like credit cards, offer a low introductory rate that increases after the initial term expires, she said. Some companies also charge a penalty fee for canceling service before the contract expires, she said.  "It's not just as cut and dry as picking the lowest price," she said. "One company might only be cheaper for the first three months."  If a customer finds a rate lower than Met-Ed's and agrees to the terms of the contract, that company becomes the customer's generation supplier.  But customers don't have to do anything.  In that case, Met-Ed will continue to be the default provider, she said.  "The only way you're not going to have (electricity) is if you don't pay your bill," she said.  But customers who choose to stay with Met-Ed are likely to notice an increase on their bills.

'How much will my bill go up?' Though the PUC months ago predicted Met-Ed rates could increase as much as about 30 percent, recent projections show an increase of 9.1 percent.  Met-Ed hasn't committed to a number, but a spokesman said the first three of the four auctions for consumer electricity this year have had rates "about 10 percent higher than the capped rate that is currently in effect." By early November, after the last auction, consumers will know exactly how much of an increase to expect.

Historic York Walking Tours

by The Pilgrim Team

Next up in Downtown Inc’s Historic Walking Tour series is an exploration of Colonial and Revolutionary era York. Daniel Roe of the York County Heritage Trust will guide participants to no less than:

  • The former residence of a signer of the Declaration of Independence.
  • The former residence of a Revolutionary war colonel.
  • The headquarters for two American generals.
  • Buildings visited by John Adams, Benjamin Franklin and George Washington.

Participants will also get a peek at York City as it was through a collection of drawings by Lewis Miller and William Wagner.

The walk begins at 6 p.m. Friday, Aug. 6, and will last about two hours. Participants will be told where to meet after they register.

The fee is $12 for adults and $6 for children 12 and under. A goodie bag filled with coupons and gifts from downtown businesses will be given to each participant.

To register, call (717) 849-2331 or e-mail info@downtownyorkpa.com. When e-mailing or leaving a voicemail message, include your name, phone number and the number of people in your party. Payment will be collected at check-in before the tour begins.

Sonic coming to western side of York County

by The Pilgrim Team

Sonic Drive-In has signed a deal to lease the former Lone Star Steakhouse building on Route 30 in York.  The deal is still subject to the city’s approval of Sonic's plans. 

Sonic plans to take down the former Lone Star building before building its new restaurant.

Sonic could open its York location this fall or spring.

Sonic has two other York County locations in Hanover and Red Lion.

New Development in Dover Township

by The Pilgrim Team

The PilgrimTeam is offering new Construction Homes for sale in york pa in Dover Township, York County, PA.

Starting at 169,900! Fox Run Creek Estates offers a tranquil setting, outstanding mountain views, and nice level lots.  All Homes for sale in york pa are 4 bedrooms 2.5 baths with 2 car garages.  We have over 14 different floor plans and styles to fit almost anyone’s needs.

This is going to be a really nice Neighborhood close to schools, shopping, and major highways.

For more information contact The PilgrimTeam.

Interest Rates

by The Pilgrim Team

Interest rates are currently at historic lows!

With the low prices and low interest rates now, more than ever, is the time to buy.  Forget the first time buyer 8000 Tax Credit…current buyers can save way more than 8000 over the life of their loan at today’s interest rates…

The principal and interest on a 150,000 loan right now is in the area of only 700 per month!! When it comes to buying ~vs~ renting…it’s a no brainer!

We have a high inventory of Homes for sale in york pa to choose from and low rates, the timing couldn’t be better. Feel free to use our website www.PilgrimTeam.com to search for Homes for sale in york pa.

These low rates won’t last forever so don’t wait.

Moving Insurance

by The Pilgrim Team
New homebuyers who are preparing to move into their new home will need to do their research and shop around to select a moving company they feel comfortable with. Even if you are moving cross-town or cross-country, many factors such as price, time, and of course quality will need to be considered. You want to find a reputable company who will not only give you a fair price, but also take great care of your belongings. While some moving companies may be better than others, accidents can and will happen. So should you purchase moving insurance?
 
It is important to know that most moving companies provide "valuation" not insurance. Valuation is the predetermined limit of liability on your moving contract or official inventory sheet.  This is automatically part of the contract with no extra cost. In most cases, valuation is based on weight, not actual property value.
Below is more information on valuation and what it means:
  1. Declared value: The value of your possessions is based on the total weight of the shipment multiplied by a specific amount per pound. For example, if the specific amount is $1.50 per pound, and your household goods weigh 15 000 pounds, the mover would be liable for a maximum of $22,500.
  2. Lump sum value or Assessed Value: If your household goods do not weigh much, but are valuable, you can purchase insurance for a specific amount per $1,000 of value. This must be declared in writing in your contract, inventory paperwork o bill of lading.
  3. Full value protection: This type of valuation most closely resembles actual insurance, and it includes lost, damaged or destroyed property. Just as with an insurance policy, the coverage will pay for the repair or replacement and deductible will apply.
If the worst happens and your property is lost or damaged, you should report the problem as soon as possible. Many companies have a window during which you can file a claim against the delivery - anywhere from three to nine months. Just as you do when you rent a car or lease a property, you should go over the inventory sheet quickly and get the mover to acknowledge receipt of your claim.
 
Finally, you should also check with your insurance company or agent to see if your current homeowner's policy covers all or part of a move. Additionally, you might choose to purchase a supplemental insurance, sometimes called "Goods in Transit" policy directly from your homeowner's agent. Your agent or company representative can help you find the coverage that is best for you and your family.
 
/kh

Slow Market? You Can Still Sell!

by The Pilgrim Team

Eventhough we are still in a sluggish economy and the market is slow, the good news is that home prices are low and interest rates are the lowest in many years. But, in spite of these benefits for homebuyers, many real esate markets are still slow in several parts of the country. With a surplus of home inventory and existing home sales that are in steep competition with new home foreclosures, many homesellers are needing to know how.

So how do you get your home off the market and into contract? Below are some helpful tips to getting your home sold quickly and the price you’re looking for:

 

  1. Pick the agent who is right for your market. Find an agent that has a good track record with sales in your market range and Neighborhood. Good sales stats in your price bracket demonstrate that the realtor knows what buyers are looking for and how to move property similar to yours. A great agent can help you move your home, even in a tough market.
  2. Know your market. Understanding the ‘comps’ in your area will help you reach a realistic asking price and get a better handle on the competition. Ask your realtor to provide this information and also take opportunities to visit open houses for Homes for sale in york pa that are comparable to yours. You can learn a lot about staging, pricing and what is appealing to buyers.
  3. Keep up with repairs and maintenance. Don’t hesitate to make necessary repairs and maintenance to your home when you are ready to sell. You don’t have to undergo major remodeling or expense. Simple updates like fixing broken steps, touch up painting and keeping your lawn mowed and flower beds cleaned out will really go a long way in making your home look move-in ready.
  4. Be flexible. From having your home ready to show at a moment’s notice to your willingness to negotiate, the key to selling your home in a slow market is flexibility and responsiveness. Going the extra mile for prospective buyers can really make a difference in getting more people through the door ready to make an offer.
  5. Add value. Remember that you are competing with short sales and foreclosures, so any extra value you can add to your home can make it more attractive. Whether it’s an appliance, patio furniture or a simple cost concession, small items can add up to big pluses when prospects are evaluating the total value of your home.

In a slow market, you need to get your home noticed quickly and be willing to negotiate so that prospective buyers see a great value in your property. Don’t stop looking for ways to make your home stand apart from the competition.

 /kh

Local July 4th Celebrations

by The Pilgrim Team

The 4th of July weekend is almost here and people all over York, County will be celebrating with fireworks, food and time with family and friends. Our area is offering several patriotic celebrations for everyone to enjoy. Below are a few of the events that are happening in our are. Enjoy your holiday and celebrate America's 234th birthday!

 

York Independence Celebration

Fireworks show: 9:20 p.m. Sunday at York Expo Center, 334 Carlisle Avenue
Show length: 30-40 minutes
Best parking: Free parking at Expo Center.
Other activities: Concert from the York Symphony Orchestra, York Junior Symphony Orchestra, York Youth Symphony Orchestra, and York Symphony Chorus at 7:30 p.m. Gates open at 6 p.m.

Annual Fourth of July "BLAST"

This festive event will be held Independence Day weekend with children's parade, pageants, commercial and community displays, contests, arts and crafts vendors, food vendors, book sale, face painting, dunk tank, silent auction, raffle, games, battle of the bands, Entertainment, fireworks and more. See website for more details and vendor forms. For more information call 717-428-1752 or visit their website at www.jacobuspa.com  

Freedom Fest 2010

This music festival at the Mount Hope Estate and Winery features 13 bands, including The Hackensaw Boys, Hoots and Hellmouth, Slimfit, and Toy Soldiers, along with local bands. There will be food vendors and a micro-brewery. Doors open at 11 a.m. Saturday and music starts at 1 p.m. and lasts till 11. Those who wish to may camp overnight until Sunday.
Admission: $10
Notes: Camping is free, but campers must register online. Campers will be served a pancake breakfast in the morning.
Info:
http://www.parenfaire.com/

Fireworks Show

10 p.m. Saturday at Lititz Spring Park, 18 North Broad Street
Admission: Adults: $10, $8 in advance; Ages 2-10: $4; Under 2; free
Show length: 30 minutes
Best parking: Warwick High School and Lititz Recreational Center. Best view: Baseball field inside park.
Notes: Fireworks are synched to music. Fireworks can be seen from outside the park, but the music cannot be heard.
Other activities: Festivities start at 11 a.m. and include a zumba demonstration, a 3-legged race, an egg scramble, a candy scramble, sack races, and the 69th Queen of Candles Pageant. Live music by The Rodans, Dooligus, The Green Onions, and Bang Up Battery. At 7:30 p.m., Asbury Fever will perform a Bruce Springsteen tribute concert. Info:
http://www.lititzspringspark.org/

 

/kh

Displaying blog entries 41-50 of 193

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Photo of The Pilgrim Team Real Estate
The Pilgrim Team
Professional Realty Associates
2002 S Queen St, Suite 3
York PA 17403
Office: 717-757-5955
717-755-2683
Fax: 717-757-2887