Real Estate Information

FOR IMMEDIATE RELEASE                         

For more information, please contact: 

                                                                                                                              Jerry Pilgrim

                                                                                                                   jpilgrim@pilgrimteam.com

Local Agent Takes a Stance Against Strategic Default

Online report outlines the realities of “strategic default”—or walking away from a Home Financing—and provides solutions for homeowners struggling to make mortgage payments in York County, PA.

York, PA -  Local CDPE-designated agent, Jerry Pilgrim of Professional Realty Associates, has developed a website report providing information regarding the truth about a Home Financing trend called “strategic default,” where homeowners walk away from their Home Loans.

“There is a growing trend of distressed homeowners who have heard that a strategic default may be their best option,” Pilgrim said.  “With this report, I’m showing homeowners that there are alternatives to Foreclosure that can actually help them move on to a more stable financial future, rather than further damaging their credit, security clearance, or current or future employment.”

This community resource is available at www.YorkShortSales.com and explains the benefits of short sales, or Listing York PA Homes a property for less than the current Home Financing amount owed. Benefits include less damage to credit scores, and the ability to qualify for a future mortgage more quickly.

In a recent study, the Chicago Booth/Kellogg School Financial Trust Index estimated that 36 percent of Americans would consider walking away from their Home Financing if they were “underwater,” or owed more than the property was worth. Now that one in four Americans is currently underwater, Pilgrim sees the need for greater education.

“Individual homeowners as well as our entire community would suffer the consequences of strategic default,” Pilgrim said. “I can share solutions and alternatives that can help preserve the financial stability of distressed homeowners and the values of our neighborhoods.”

The CDPE Designation Pilgrim has acquired provides a specific understanding of the complex issues confronting distressed homeowners.  Through comprehensive training and experience, CDPE-designated agents are able to provide solutions for homeowners facing financial hardship in today’s market.

To learn more, visit www.YorkShortSales.com.

For more information about the CDPE Designation, visit www. CDPE.com.

IMPORTANT GOVERNMENT DISCLOSURE: You may stop doing business with us at any time. You may accept or reject the offer of Home Financing assistance we obtain from your lender (or servicer). If you reject the offer, you will not have to pay us for our services. The above brokerage is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.

This home sold on November 10, 2010.  It sold for 284,900 but the seller did pay 14,245 towards the buyers closing costs making it a "net" sale of 270,655.  The home has 4 bedrooms, 2.5 bathrooms and is 2700 square feet. The lot is .28 of an acre.  Some of the many features of this home are 9 foot ceilings, stainless steel appliances, and wood floors.

This home in Central York School District just sold.  Penn State Estates is the Neighborhood where it is located.  The home was originally listed at 215,000 on July 15, 2010.  The price was lowered to 209,000 on 8/13/10 and then again down to 204,000 on 9/2/10.  The home went under contract on 9/14/10 and settled on 12/14/10.  It was sold for 194,750.  The Cape Cod style home has 3 bedrooms and 2 full bathrooms and just under 1700 square feet. The lot is .28 of an acre.  Location is convenient with easy access to Route 30 and Interstate 83

Thanks in large part to the still-struggling economy, need in the York area has been great this year. New users fueled part of that increase. Many more children have been eating at Our Daily Bread as more middle-class families have been relying on the kitchen.

More people have lost their jobs, they have to keep a roof over their heads, and they need a car. If they can find food, that's a huge expense off their back.

At Our Daily Bread, they've served about 67,000 meals in 2010. That's the most in more than a decade.

While the recent cold snap has driven additional people indoors to the warmth of the soup kitchen and other charities, the good news is there's a lot of help available during the holiday season because more people take the time to volunteer or donate this time of the year.

Our Daily Bread accepts food donations, but money is most needed to help pay for utilities. Call Paula Koch at 848-1674.

York Rescue Mission is collecting nonperishable food items, including pastas, spaghetti sauce, canned vegetables, soups and meats, oatmeal and grits. Call Ada Hite at 812-1692.

The United Way of York County is collecting money to be used for service programs at 73 partner agencies. Call executive director Robert Woods at 843-0957 or go to unitedway-york.org.

This article should provide you some helpful information on the community called "Cheltenham". It is located in the northern  part of the Central York School District (which is known for its lowest tax base in York County) also it is in Manchester Township.

The best way to get there is by driving I-83 to west on route 30 to right on Roosevelt Ave, and bear right on Greenbriar Rd, go approximately 2.5 mile past Cousler park and it located just past The Outdoor Country Club and across from Brittany II. 

This are is one on the more desirable area's in the county due to the excellent schools, recreation and parks nearby. One of the main attractions would be the Outdoor Country Country Club with a membership of over 500 and is still seeking new members designed in 1959 by Ed Ault and it is a par 72 and 7000 foot course.

Cheltenham is surrounded by high end Homes for sale in york pa and the communities would include Brittany, Brittany II, The Outdoor Country Club, Country Club West and Hepplewhite Estates. It is not a large community consisting of approximately 107 home sites. The home sizes average from about 24 sq. ft. to over 3800 sq. ft.  Lot sizes average about 1/3 acre. All Utilities are underground and include public water, sewer, natural gas and CATV.

As of this writing there are a few lots remaining that could be built on. If you would like information on those lots and what Builder would be available to build your custom home, please don't hesitate to call us here at Pilgrim Team at Professional Realty Associates as we have the experience to make your build an enjoyable one. If you are looking for an existing home prices range form $234,000 to $299,900. If you would want us to provide further information contact us and we will be more than be of service to you.

© Copyright The Distressed Property Institute, LLC April 2010 Originally Published: July, 17, 2009

Updated: April 12, 2010

FOR IMMEDIATE RELEASE                                                                           For more information, please contact:

                                                                                                                                               Jerry Pilgrim

                                                                                            Pilgrim Team of Professional Realty Associates

                                                                                                       717-757-5955 or jpilgrim@PilgrimTeam.com

Local Agent Provides Resource on Foreclosure Alternatives, Short Sales

For homeowners struggling with Home Financing payments, website explains differences between foreclosure and short sales.

 York, PA – 11-15-2010– Local CDPE-designated agent, Jerry Pilgrim of Professional Realty Associates, has released an informational report comparing the consequences of a Short Sale and foreclosure.

 The report can be found at http://www.stopyorkpaforeclosure.com and provides a thorough explanation of how a short sale may potentially improve a homeowner’s future financial stability.

 “Considering how damaging foreclosure can be for the homeowner and the surrounding community, it is important that everyone knows all of the alternatives available,” Pilgrim said. “This report is the latest addition to my website, which gives distressed homeowners a way to inform themselves on their best options.”

 Currently, one in seven Home Loans is in some stage of delinquency. Once a Home Financing payment has been missed, the lender has the ability to begin the foreclosure process. A short sale can potentially minimize the damage to one’s future loan eligibility, credit score, employment, security clearance and more.

 “We often see homeowners enter the foreclosure process without any visible means of professional guidance,” Pilgrim said. “My hope is to inform the community that there are legal, dignified alternatives to foreclosure.”

 The CDPE designation provides real estate agents with the tools and knowledge needed to efficiently, ethically and effectively pursue foreclosure alternatives, specifically short sales. In addition to their initial training, CDPE-designated agents are connected to a network of professionals via the Distressed Property Institute, allowing them to remain regularly updated on the complex and quickly changing real estate market.

 For more information about the CDPE Designation, visit www.cdpe.com.

We are offering new Construction townhouses in Dover PA York County.  Prices start in the 130’s but currently the builder is offering a 10,000 incentive!  Models have 3 bedroom and 2.5 baths with garages.   Very convenient locations near schools, shopping, and recreation areas.

Take advantage of these prices and incentives now while interest rates are at all time lows. Special financing is available to those who qualify.

Contact Pilgrim Team with any questions, or for more information.

Anybody who is considering buying a home in York County Pennsylvania should stay informed by keeping up with my Blog. I will be describing Communities throughout the York area. I will be adding useful information on communities that will include the average price ranges, Lot sizes and area information.

Today I want to talk about the Community of Fountainhead located in York Township. It is a small Neighborhood that consists of 26 lots that range in size from 1/3 acre to the largest being nearly 3/4 acre.

Home prices are typically in the low $300's to over $450,000. The predominant house style is the two story colonial with some brick and stucco exterior on the fronts and beaded vinyl siding making up the balance. Ray Markey Builders is and was the Builder of the Neighborhood. The Builder is know for his innovative building materials that keep up with the latest trends in new Construction. One of Ray's better known standard features include the ICF foundations. It is a foundation that comes nearly completed for drywall and is very energy efficient and also very water resistant. the quality of construction is second to none.

The Neighborhood of Fountainhead is located near I-83 south of Useful Information about York PA, and is an easy commute for Baltimore bound people. It is also located near Apple Hill Medical Center which is a Well-Span campus that is more reminiscent of a indoor mall than a medical facility. You will find many indoor walkers using the area for their daily exercise and then stopping for a meal and sit down to meet neighbors. OSS is another medical facility that is within a mile that is primarily where Orthopedic Surgeons treat patients with back and spinal, and joint problems. They have recently opened a new wing that allows for overnight stays for patients.

Fountainhead is alos located in the Dallastown Area School District. The District is known for its achievements in Academics in particular Science and Math. There are just about any sports offered the students that range form Football, Wrestling, Basketball, Soccer, Swimming, Tennis, Golf, Field Hockey, Volleyball, Lacrosse and more.

So if you are looking for a charming Neighborhood in a excellent setting with nearby ameneties check it out you won't be disappointed.

If you are an Investor or have been thinking of becoming a Real Estate Investor it is time to act on you ambition. There has been know better time then now to get a positive cash flow on your Real Estate Investment. Whether you pay cash or want to levarge your monetary investment by financing, I can show you properties that will generate long term or even short term positive cash flow. Call Jerry Pilgrim about Useful Information about York PA real estate property and I will be able to provide you a Cash Flow Analysis in detail on how iI can achieve your real estate goals. I am a CIAS (Certified Investor Agent Specialist) a exclusive designation that only a few have nationwide. Stay tuned for deatils in the near future.