Philadelphia, Bucks and Montgomery Counties Real Estate. Tips for home buyers, home sellers by Gita Bantwal,Realtor at ReMax Centre Realtors.

I read a report this morning that will affect many home owners . Some banks have started reducing the amount on home equity lines of credit and some have frozen them.

Home owners who bought a few years ago were told about the merits of HELOCS and they may have planned on making home improvements. That may not happen. I read that it may not even depend on a persons credit. Some banks have said that they will consider reinstating lines of credit if homeowners can show that the house has not gone down in value as much as others in the area.

Now when people buy homes the main reason has to be that they prefer it to renting. We can not show how it will appreciate in value next year or how they can use the equity for  home improvements.

If you are considering using your HELOC check with your bank to see how much is available.

Warwick township is located in Central Bucks School district. www.cbsd.org

I looked up the multiple listing this morning and read that there are 30 homes under contract priced under $1000,000.

This does not include sale by owners, homes not listed, nulti units, commercial property and rentals.

This is subject to errors and omissions.

The homes were on the market for an average of 84 days. The lowest price was for a 2 bedroom townhose in Stover Mill, listed at $213,900. The highest price was for a single house listed at $939,900.

If you would like a free market evaluation of your home call Gita Bantwal at ReMax Centre Realtors 215-343-8200x124

I looked up the multiple listing this morning for homes under contract priced under $1000,000.

There are 880 homes pending settlement.

This does not include sale by owners, homes not listed, multi units, rentals, commercial property etc.It is subject to errors and omissions.

The break down is as follows

0 to  $200,000  there are 120 homes pending settlement

$201k to $#300k there are 312 homes pending settlement

$301k to $400k there are 184 homes pending settlement

$401k to $600k there are 188 homes pending settlement

$601k to $1000,000 there are 77 homes pending. settlement.

No matter the price range homes are selling. If you want to list your home for sale call gita Bantwal at ReMax Centre for free market evaluation .

Warminster township is located in Centennial School District.

Based on information in multiple listing there are 26 residential homes under contract priced under $1000,000.

This does not include sale by owners, rentals, multi units and commercial property and homes not listed in mls.This is subject to errors and omissions.

The homes were on the market for an average of 59 days. Lowest price was for a 3 bedroom twin home that is listedfor $239,900. Highest price is for a single at $499,900.

If you would like a free market evaluation of your home email gita01@aol.com

Call Gita Bantwal at reMax Centre Realtors, 215-343-8200x124 or direct 215-343-8206

Warrington township is located in Central Bucks School district. www.cbsd.org

Based on information in multiple listing there are 38 residential homes under contract waiting for settlement , that are priced upto $100,000.

These have been on the market for an average of 77 days. The lowest asking price was for a 3 bedroom townhouse in Willow Knoll. The asking price is $165,000.

The highest asking price is for a single house for $664,900.

These do not include commercial property, sale by owners, rentals etc. It is subject to errors and omissions.

If you want a free market evaluation of your home email gita01@aol.com

Fourth of July falls in the middle of the week and many people are going away this weekend and taking vacation until July 6.

I take this opportunity to wish my clients and friends  a great holiday week.

If you are visiting the Philadelphia area read 20 things to do when you visit Bucks County .

 Do not miss the local fireworks.

Have a safe Fourth of July.

If you are looking to buy or sell in the area email me at gita01@aol.com or look up my web site

www.gitabantwal.com

Jamison is in Warwick Township, Bucks County. There are townhouses, single houses and flats for sale. Some are located in 55plus communities. I can show you any house listed even if it is not my listing.

I am pleased to present  1851 Augusta Dr , Jamison. It is listed at $599,000.It is located in Estates of Bucks County Country Club. built by Toll Brothers . It is the Eaton model and has 4 bedrooms, 2.5 baths, breakfast room, 3 car garage and basement. The great room has a brick fireplace. It overlooks the Golf Course.

As this is the Holiday weekend, I am not having an open house but for the convenience of those who want to look at it this week, I have requested that it be available for showing on short notice by appointment.

Call me today on my cell phone 215-2758491 or 2153438200x 124 at ReMax Centre Realtors Gita Bantwal.

There are 9 homes priced under 200k that are pending settlement in Bensalem township.

There are 4 single homes, 2 mobile homes one flat and two townhouses.

One of them sold in one day and one sold in 2 days. Some sold in less than 60 days.

This shows that there is affordable housing in Bensalem and homes priced right are selling.

If you live in Besalem and would like a free market evaluation of your home please email gita01@aol.com or call Gita Bantwal at ReMax Centre Realtors 215-343-8200x124

Look up all available listings at Bensalem Homes

 Stover Mill in Warwick has some great buys. There are 9 homes for sale in Stover Mill. There is a 2 bedroom home  for $210,000. there is a 3 Bedroom without a basement for $214,900 and a 3 bedrooom with a basement for 219900.

The townhomes have different floor plans . They are spacious and have lots of storage. They have tennis courts in the community.. They are within easy commute to Warminster train station. You can take R2 to Philadelphia . Look up www.septa.org.

the homes are located in Central Bucks School district. Look up www.cbsd.org

If you would like to look at home in Central bucks Call Gita Bantwal at ReMax Centre Realtors 215-343-8200x124 or direct 215-343-8206 .Look up all available listings at www.gitabantwal.com

The average price for gas is $4.10 a gallon, which is $1.00 more per gallon than a year ago.

Some people can not afford to go to work . The waitresses who do not get paid much but depend on tips are feeling the pinch. A friend of mine said business is not good so she does not get much in tips and is looking for another job.

I advertised a rental that is close to train station. I received  more than  a dozen calls in one day.

I realized more people are taking public transportation because of price of gas.

This may affect  home prices. People may want to move closer to work or close to transportation.

A friend of mine has quit her job saying it costs twice as much to come to work as it did a few years ago and her alary has not gone up proportionately.She has decided to look for a job closer to her home.

People who come to my open houses ask me about transportation.

If I get a listing withing walking distance of a train staion I have a feeling it will sell quickly.