It can be difficult to buy houses in philadelphia, especially if you’re a first time buyer. However, there are some options available to help you. First time home buyers can get a mortgage pre-approval. This means that your bank will be more thorough in reviewing your application.
There are also federal home buying assistant programs. These allow you to receive grants of up to 6% of the purchase price. They must be repaid if you sell the house within 15 years.
Another option for getting your house bought is to go to a “we buy houses for cash” company. You can find these companies online. Typically, these companies will pay you 50% to 70% of the home’s fair market value. If your house needs repairs, they deduct these expenses from the price.
Real Estate Service You Won’t Find Anywhere Else
You can also find a real estate agent in Philadelphia. This will save you from having to handle the inspections and showings. A good agent will know the ins and outs of the local market and can negotiate a great deal for you.
For a faster and hassle-free sale, it’s a good idea to sell your house to an investor. Investors have been a big part of the city’s housing market in recent years. While this trend has put renters at risk, it has also helped struggling properties.
Whether you’re in the market for a single family home or a condo, Philadelphia offers something for every budget. And with over 10,000 agents, you can find your dream property quickly and easily.