The Swain Team sells Home in 1 day!
Sold in 1 DAY! This Pennsbury school district home was placed on the market on a Thursday afternoon and our seller had a FULL PRICE offer the next morning! The home wasn’t even on the market for a full 24-hours before an offer was received. The home was priced within 3% of the market just as we advised, to facilitate a sale within 30 days. Mortgage rates are historically low so the buyers are out there and getting great rates from their mortgage lenders. The story of this sale proves that with expert Realtors on your side we can get your home sold FAST for the most money. The Swain Team employs advanced marketing tactics to ensure the highest demand for your home. The higher demand for your home = More Money!
So, please don’t keep us a secret! If you or someone you know is looking to buy or sell a home, give us a call at 215-757-7257 or email us at TheSwainTeam@gmail.com. We’d love to help you with all your real estate needs! We’re always here to help!
Credit scores for millions of Americans may soon increase due to two major changes in credit scoring.
Starting July 1, the three major credit agencies — Experian, Equifax and TransUnion — are dropping certain negative information from credit reports, including tax liens and civil judgments.
According to FICO, out of the 200 million Americans with credit scores, 12 million consumers will see them increase in July. However, it may not be by much. FICO projects 11 million consumers will see a score increase of less than 20 points.
"It's good news for the consumer, clearly, because the credit score is used almost ubiquitously across the world of consumer finance, and lenders use it, insurance companies use it, credit carders use it," said John Ulzheimer, a credit specialist who has worked for Equifax and FICO.
If you are interested in buying, contact The Swain Team today for a free Buyer Consultation. We will review the process with you as well as help you get preapproved and find the best loan program available for you. 215-757-7257 or TheSwainTeam@gmail.com
Positive Changes in Credit Scoring Coming July 2017
Research shows that Americans are confident in the economy. In fact, a recent Gallup poll states that Americans view the economy more positively since the election in November than they did in the previous nine years.
The housing market has remained steady, since last spring. We did not home sales dip in Novemeber, December or January. Normally, spring is thought to be the optimal time to sell however demand for housing did remain high over the winter.
Jonathan Smoke, the chief economist at realtor.com, stated in his latest article that “In most markets most years, the optimal time to list is in the spring so that the maximum number of potential buyers view the home. This year, the conventional wisdom of buying and selling may need to change. Inventory levels at the beginning of 2017 are at multi-year lows. Sellers now face very little competition.”
As I am sure you know Interest rates on the rise.
In a recent survey of loan officers that asked them how they thought rising rates will impact demand for mortgages, 16.7% said it would have no impact because there is not enough supply to fulfill current demand. Another 16.7% said rising rates will weaken demand. I agree with that assertion. The vast majority of people moving on—they’re just going to have to pay more.
If you’re a first-time buyer or a seller who’s thinking about buying, you have to take into consideration that if you wait until later in the year, you will have to spend more money. All experts are projecting that interest rates will continue to rise throughout the year.
Let’s take a look at where the experts are projecting rates to be in the next three quarters:
If we look at the average interest rates are going to rise about a tenth of percent each quarter. So why wait?
I have had clients reach out to me and ask if interest rates go up, will my home value decrease?
In this economy, that does not appear to be the case. The fact remains that there is low inventory out there and that drives the demand up.
CoreLogic Chief Economist Frank Nothaft said, “Very low mortgage rates sparked demand, and with inventories low, the result has been a pickup in home-price growth.”
If you have any questions about our market or are thinking about buying or selling a home, please don’t hesitate to reach out to us. (215) 757-7257 or TheSwainTeam@gmail.com.
In the meantime, be on the lookout for my next video market update.
39 Rain Lily Rd., Levittown, PA 19056
Coming Soon!...Mid-April! To learn more about this home or to schedule a tour in advance, please call 215-757-7257 or email: TheSwainTeam@gmail.com
Great Location! Well maintained country clubber with 6 bedrooms and 3 bathrooms. Step inside to the foyer with ceramic tile floor and decorative entry door. Step inside to the bright & airy living room accented by the fireplace. The living room opens to the banquet sized dining room. The sliding glass door in the dining room leads to the enclosed 25 x 11 sunroom. The remodeled eat in kitchen features maple cabinets, granite countertops, glass top range, and more! From the kitchen you can access the garage and the laundry room located there. For your convenience there is a large master bedroom suite on the first floor with a private full updated bathroom. Two nicely sized bedrooms and an updated full bathroom complete the first floor. Upstairs hosts three bedrooms and a full bathroom. The upstairs bedroom to the left offers walk in attic access for all your storage needs. Let the rear yard be your oasis for summer fun! The fenced rear yard offers privacy while you swim in your inground pool with diving board and sliding board!
7204 Radcliffe St., Bristol, PA 19007
Coming Soon!...Mid-April! To learn more about this home or to schedule a tour in advance, please call 215-757-7257 or email us at: TheSwainTeam@gmail.com
Like New Construction offering river views. Completely Remodeled with high end finishes!!! As you drive up take notice of the prominent pergolas that overhang both sides of the driveway. The picturesque porch is ideal for relaxing with a cup of coffee. Step into the home through the oversized (4’2”x 9’ 6”) ornate mahogany door. The spacious open floor plan is sure to please! Hard wood floors throughout the entire home. The bright and airy living room features a coffered ceiling. The gourmet chef in your family will fall in love with the stainless steel restaurant style eat in kitchen. Featuring: a 54” Double Door Refrigerator, 54” Double Door Freezer, 48” 6 Burner gas range with double oven and grille pot filler for your convenience, and three bay sink with dual faucets and pre-rinse faucet. Sliding glass doors off the kitchen lead to the outdoor entertaining area with exterior commercial natural gas grilles (36” chargrille & 24” Flat top). The first floor master suite offers a recessed ceiling with dual rotational ceiling fan and sliding glass door leading to the private side deck. The private bathroom with ceramic tile floor, pedestal sink, Jetted tub with ceramic tile surround. Upstairs hosts two master suites with 10.6ft ceilings as well as a laundry room. The first spacious suite is illuminated by recessed lighting and a dual rotational ceiling fan and offers a sizeable walk in closet. The bathroom includes upgraded his & her vanity, ceramic tile floor, and a large walk in shower. In the second suite you will enjoy river views as well as a sliding glass door leading the upper deck. Just imagine sitting outside on a spring evening as the sun goes down and enjoying the view. The master bathroom offers a custom ceramic tile shower with seating, his & her vanity, and storage space. The expansive rear yard includes vinyl privacy fencing.
The home underwent a complete renovation down to the foundation in 2008, 2x6 construction (walls) engineered floor joist & beams. Anderson 400 Series windows with custom grilles, and Anderson Frenchwood Hinged Double doors with both sides operating were installed. 3 ½ in trim throughout with 5 ½ in baseboards accent each room. 9ft ceilings on the first floor, 10’ 6” on the second floor each room except baths have ¾ x 5 ½ hardwood flooring. All plumbing, water, sewer, and gas have been replaced. There are two HVAC systems that are gas condensing furnaces & Central air. Home also features a newer roof (2009), 200 amp electric, tankless hot water heater, fenced yard, garage, 2 laundry rooms one upstairs and one in the basement), walk out basement and a 3rd floor for storage.
328 Flint Rd., Langhorne, PA 19047
Coming Soon!...End of March!
Coming Soon!...End of March! To learn more about this home or to schedule a tour in advance, please call 215-757-7257 or email TheSwainTeam@gmail.com
Step inside to the welcoming foyer. The bright and airy living room has pocket doors that open to the family room accented by a brick hearth fireplace. The spacious dining room is ideal for entertaining or a family gathering. Natural light floods the updated kitchen and breakfast room through the sliding glass door that leads to the rear patio. The laundry room offers ample storage with cabinets and counter top space to fold laundry. Upstairs hosts 4 bedrooms and 2 full bathrooms. The oversized master bedroom suite is sure to please with walk in closets and a private master bathroom suite. The master bedroom sitting room (12x9) has been converted to a large walk in closet highlighted by a skylight and recessed lighting. The bright master bathroom has been remodeled and offers new ceramic tile and his/her sinks. The large rear yard is perfect for a summer BBQ with friends. As an added bonus there are no homes immediately in the rear. The home also features a 2 car garage.
Coming Soon!...End of March!
22 Wilfred Ave., Titusville, NJ 08560
Coming Soon!...Mid-March! To learn about this home or to schedule a tour in advance, please call 215-757-7257 or email TheSwainTeam@gmail.com.
Charming home offering main floor living. Within walking distance of Washington Crossing State park, the Delaware River and tow path. The cul-de sac street creates a very quiet atmosphere and it is only 30 minutes to center city Philadelphia, 20 min to Princeton or the Trenton Train Station, 10 min to a municipal golf course and 5 min to I-95. The updated Eat in Kitchen boasts new flooring, recessed lighting, built-in hutch with book shelves and gas cooking. The remodeled bath features a ceramic tile floor, newer toilet and vanity with granite countertop. Natural light floods the oversized living room. The master bedroom suite offers ample closet space and a half bathroom. The office can easily be used as a third bedroom. The home also features fresh paint, new carpeting, off street parking, an oversized garage, and basement. The picturesque rear yard in a private setting offering a shed, and a large 32 x 10 trex deck with hot tub. Great location if you enjoy outdoor activities like walking/cycling on the tow path, canoeing/kayaking on the canal or watching outdoor theater at Washington Crossing State Park. The home also features 2002 New chimney, 2003 garage built, 2005 shed built, 2005 electric service up grade & 200Amp, 2007 new roof, 2007 siding and insulation, 2007 new heater, 2007 basement and retaining wall next to garage, 2013 20 KW propane Generator and 125 Amp service to garage. Conveniently located near New Hope, Lambertville and Princeton. Easily accessible to I-95 and Philadelphia.
February 2017 Local Market Update
We've been telling you to take advantage of low mortgage rates for the past few months because as of now, rates are on the rise. Don't worry too much because rates are right where they were in January 2016. At some point, even if interest rates go up to 5%, is that too high? No! In the 1990's, rates were as high as 8%. We are still at a historically low rate.
Experts like us think that over the next several years, by 2020, homes will have increased in value between 10 and 21%. That's a great investment! Think about this - if a person bought a home today worth $250,000, that same home could be worth over $290,000 by the year 2022, which is a $40,000 increase just within five years! So, if you are thinking about renting instead of buying, you might want to reconsider after analyzing the potential growth.
If you are thinking of selling, you should start acting now! Don't wait until the Spring when the number of homes on the market increases, lowering the demand for yours. Historically, the number of homes for sale increases substantially in the months of April and May. Don't get lost in the mix! Inventory is low which equals more demand for your home! So let's get your home on the market today. Give us a call - 215-757-7257 or email TheSwainTeam@gmail.com
10 Maple Lane, Levittown, Pa 19054
Coming Soon!...End of February!
Coming Soon!...End of February! To learn more about this home or to schedule a tour in advance, please call 215-757-7257 or email: TheSwainTeam@gmail.com
Expanded Ranch with Master Bedroom Suite and Family Room! Step inside to this well maintained home. The nicely sized kitchen has been updated. Keep warm in the winter by the brick peninsula fireplace situated between the kitchen and living room. Crown molding and recessed lighting highlight the living room which opens to the family room addition. The bright and airy family room offers recessed lighting, newer wood floors, wood burning stove and a sliding glass door leading to the rear patio. The spacious master bedroom suite is sure to please with a HUGE Walk in closet and HUGE master bathroom. The master bathroom features a jetted bathtub, stall shower, his/her sinks and storage. As an added bonus the fourth bedroom adjoins to the master suite making it an ideal sitting room, nursery or office! The garage has been converted to a storage area ideal for a motorcycle, laundry room and utility room. The exterior of the home features newer windows and siding. The Shed also comes with a separate electric panel making it perfect for a workshop.
Coming Soon!...End of February!