The Videos

Watch one or all of them. Subscribe to the youtube.com channel.

Tick Tock

The clock is ticking on the November 30 deadline for first time home buyers. This is a direct CREDIT of $8,000 for these eligible folks making $75k or under. Don't miss out on this... Its juicy! And, if you make less than $90k, you are still eligible for a credit... just a lil less. :)

Murano Auction Results

Yup. Despite the huge hype for the anticipated condo auction, people managed to get into the Murano at an average of 25% off list price! $21 million in real estate was sold in 90 minutes from $335k to nearly $800k. The good news for you if you werent there but would consider one of these units: They intend on selling the rest of the 136 available units at comparable prices as to the auction sales. SO, you didnt even have to attend and you still may get a 'fire sale' discount. Bad news for those who bought at full retail prior, though. Ouch.

Greatly Upgraded House

NY Gets it Right

NY has it going on! Philadelphia was supposed to make use of a municpal pier on the Delaware River and turn it into a park. We still have not. However, for those of you either in NYC or visiting it, please do check out the High Line!

Tax Credit Usable as Down Payment

This is huge news. Not only is there an $8,000 tax credit for first time homebuyers, now the government is allowing these homebuyers the ability to use that money directly at the settlement table toward their closing costs! This is huge! THis means home owners can get into houses for nearly nothing down at amaizng rates! Read on:
WASHINGTON, May 12, 2009

Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a downpayment. “We all want to enable FHA consumers to access the home buyer tax credit funds when they close on their home loans so that the cash can be used as a downpayment,” Donovan said. According to Donovan, the FHA’s approved lenders will be permitted to “monetize” the tax credit through short-term bridge loans. This will allow eligible home buyers to access the funds immediately at the closing table.

Here is a link to the full article

Green Towhnomes Tour

Here is a video tour of my listings, the Green Townhomes on Frankford Ave. They are quite extravagant in size and functionality. Take a look: