That is like asking a bank to lend you money when you are unemployed. Especially in this economy, Landlords are even more careful about performing credit checks on their applicants. Landlords need to be certain that tenants have the ability to get all utilities put in their name. Chances are if there are collection accounts from utility companies on an applicants credit profile, then those balances must usually be paid off prior to activating a new account. Depending on an applicants financial situation, he/she may not be prepared to do all that.
I would suggest that you be honest and upfront with any potential landlord about any negative lines on your credit history. With good references from present and previous landlords, stable work history with sufficient income, and a reasonable Debt-Income ratio, you may sometimes be able to offset the bad credit. You can always offer to pay another month or two rent as additional security deposit. Good luck with your search.... more
Prior to making any committed renovation initiatives with basements, owners should first focus their attention on the suitability of the existing environment to be converted to a living space. Many basements have moisture issues that can cause great damage and inconvenience. It's my recommendation to identify the potential for or presence of dampness and resolve the issue prior to getting further involved.
I'll refer you to the answer I left in your other question of this ilk.
It is against Fair Housing laws for the agents on these forums to answer that question. You are free to investigate yourself. Drive by at different times of day. Walk the neighborhood. Check out crime statistics on the Philadelphia Police website. Talk to neighbors, etc...
If you have interest in specific properties, i would be happy to help you out, or at least guide you in what is available in the area.
Joshua Stein, ABR®, e-Pro®
Coldwell Banker Preferred – Conshohocken
Office: (610) 828-9558 * Cell: (215) 866-8030
Direct: (484) 270-1165 * Fax: (215) 999-5894
PA License #RS317975... more
A 1st time buyer can be financed and there are programs with money available for closing costs.
Please call me so we can discuss in detail.
Century 21 Advantage Gold
You can finance a 4 unit FHA with less than 10% down. The commercial space has to be less than 25% of the overall property and in this case is it not.
Cornerstone Lending Inc
Southampton Pa 18966
215 953 0800
cell 267 992 7276
VOTED BEST IN BUCKS 2010 & 2012
NMLS ID 143960... more
Happy Cyber Monday Stephanie!
No doubt about it...a credit score of 570 makes Owners / Landlords, Mortgage Lenders and Real Estate Agents see your situation as precarious. I'd like to get more information from you, and see how we can move forward. Please contact me directly.
In all honesty it really depends on what your credit score is. Plus, there are things that can be done to bring your score up very quickly. If you would like to to discuss this further I would be more than happy to help. I would also put you in touch with a mortgage consultant. They would definitely help you determine an answer.
All The Best,
Keller Williams Real Estate
215-757-6100 ext. 338
They generally will show for the full time and less as they age. but there a other factors that are generally more important that could affect your home buying options. I would love to advise you in your home search and connect you with financial industry experts ready to help you now.
Real Estate Agent
c 260 580 0221
The Greatest Compliment You Can Give is the Referral of Your Family and Friends... more
I don't know your specific area. However, here's a link that explains a lot about the tax assessment process: http://brtweb.phila.gov/brt.apps/FAQ/faq.aspx
As far as maintenance, townhouses usually require somewhat less. The reason is that there's little or no yard (thus no yardwork). The roof area is smaller than for a single family home with the same square footage. Also, a townhouse will have only 2 or 3 sides (in the case of an end unit) exposed to the elements, thus helping reduce utility expenses.
But, of course, that assumes the townhouse and the single family home are in about the same condition. A single family home in great condition would require less maintenance than an older, less well-maintained townhouse.
As far as insurance, the primary consideration is the value of the property. However, there are dozens of other variables. For example, what deductible do you want? What's the crime rate in the area? Does the home or townhouse have an alarm system? Or (in some areas) bars on the windows? What's the method of heating the property: gas, electric or oil? How close is the property to a fire hydrant? How many insurance claims were filed by the previous owners? There are LOTS of variables.
A Realtor can answer many of your questions. A good insurance agent can answer questions pertaining to insurance.
Hope that helps.... more
It's an okay area. It's near the Park and close to the Olney section of Philadelphia. Safe? That word is subjective. What makes one feel "safe?" It's a difference answer for all of us. It's as safe as anywhere in Philly. Is it a high crime area...I don't think so.
Hope this helped. Contact me at BelindaJohnson@kw.com. Let's talk about what you are looking for and see if I can assist you.
Belinda Johnson, Realtor... more