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Short sale is a term that is heard more and more often in today’s real estate climate, but what exactly is a short sale? Click here for a list of short sale opportunities in the area A short sale is when the lender or bank agrees to accept less for the property than is currently owed on the mortgage. Sellers and buyers alike can benefit from a short sale. When a seller is in default of their mortgage and can no longer afford to stay in their home, a short sale is a viable avenue to explore. This is a better alternative for the seller than having the home foreclosed on by the bank. A short sale enables a seller to protect their credit, move forward financially and possibly
purchase another home in as early as two years! For a buyer, purchasing a home on short sale can potentially mean acquiring more home within their given budget. This can be an exciting purchase. Please contact me to have a more in depth discussion about short sales as an option for buyers and sellers, or call me for a current list of short sale properties. Chris Mikus, The Marita Donohue Team
Short Sale Specialist
christinamikus@comcast.net
610-892-5720
 Short Sale Opportunities!  300 Springfield Rd. 3Bed/2Bath Single Aldan $189,900
3135 Woods Edge 4Bed/3.5Bath Twnhse Garnet $355,000
1641 Hewes Ave. 3Bed/2Bath Single Linwood $117,500
324 Belvue Terr. 3Bed/2 Bath Single Boothwyn $209,900
405 Cherry St. 3Bed/1Bath Row Clifton Hts. $109,000
30 Big Woods 5Bed/4.5Bath Single Garnet Valley $469,900
901 Farriston Rd. 3Bed/1.5Bath Row Drexel Hill $149,900
4204 Rosemont Ave. 3Bed/1.5Bath Twn. Drexel Hill $159,000
204 Stanley Ave. 3Bed/1Bath Twn. Havertown $199,900
714 Buck Ln 3Bed/1.5Bath Single Haverford $275,000
601 Rose Hill Rd. 3Bed/1Bath Single Broomall $209,000
6 Laurie Ln. 7Bed/4.5Bath Single Wallingford $619,000
332 7th Ave. 3Bed/2.5 Bath Single Ridley $135,000
400 Marlin St. 4Bed/1.5Bath Single Milmont Pk. $155,000
6 Iris Ln. 4Bed/3.5Bath Single Thornbury $689,000
822 Pleasant 3Bed/1.5Bath Twin Yeadon $144,900
110 S. Adams St. 3Bed/1.5 Bath Twin W. Chester $138,900
312 E. Mulberry 3Bed/3.5Bath Twn. Kennett Sq. $260,000
614 Glen Run Rd. 4Bed/4Bath Single Atglen $369,900
124 Manor Rd. 5Bed/1.5Bath Single Downingtown $300,000
120 Red Oak Cir. 3Bed/2.5Bath Twn. Honeybrook $199,900
308 Nottingham Dr. 4/Bed3.5Bath Single E. Vincent $440,000
100 Marigold Ct. 4Bed/4.5Bath Single W. Vincent $724,000
2 Northwood Dr. 4Bed/3.5Bath Single Exton $299,900
832 Franklin St. 4Bed/2.5Bath Single Valley Twp. $220,000
1061 Harriman Ct. 3Bed/2.5Bath Twn. Exton $219,900
830 Pugh Rd. 4Bed/2.5Bath Single Wayne $779,000
Closing or Settlement >Moving Day
Here are some tips for coordinating a move that depends on careful timing. Say the closing on the sale of your home is Friday morning at 11:00, and that afternoon at 3:00 you are to complete the transaction on the house you are buying. Your sellers are completing the purchase of their new house on Monday. As sellers, each of you is obligated to leave your house vacant and clean at the time of the closing. You will each take possession of the home you are buying after the closing.
If you are faced with a game of musical moving vans, you may want to negotiate with your buyers or sellers to remain in your old house for a few extra days or move your belongings into the new home a little early. You should draw up a written agreement which details your arrangement, such as the amount of rent, the move-in or move-out date, and any agreements regarding utilities, insurance, or a damage escrow. If you need to make special arrangements for your move, let your real estate agent know and work out the details as early as possible in advance of the closing.
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What site discovered in 1965 is considered the world's oldest known habitation?
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| A |
The Terra Amata site in Nice, France has the remains of 21 huts belonging to the Acheulian culture from 400,000 years ago. |
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