There’s been a lot of attention to nationwide foreclosures in the news lately. The number of foreclosures is up this month, and looks pretty drastic. This is partly because of the moratorium on foreclosures in December and through February, awaiting word from the White House on how the federal government would intervene. Now that the moratorium is over, foreclosed properties that were already set for auction have been again scheduled for sale, and now there is a backlog of them.
Victory is yours at the newly renovated Victory Building. This elegant Philadelphia condominium is housed in an historic 1873 building that was originally home to the New York Mutual Life Insurance Company.
The first time home buyer tax credit of $8000 is generating a lot of interest among potential Philadelphia condo buyers – and a lot of questions. What’s interesting for all home buyers is the various initiatives in states right now.
This is a great time to be a first time home buyer. Prices are lower, interest rates are down, you have an $8000 federal tax credit – and in the Philadelphia area, you have 10 year tax abatements on many Philadelphia condos. This is a good time for you to consider buying a Philadelphia condo at Shackamaxon Court. Located in Fishtown, an area rich in history and now a contemporary Center City hub for artist colonies, trendy bars and restaurants and shopping, this Philadelphia condo is affordable and desirable.
Here at CondoDomain, we know that foreclosures offer our buyers tremendous savings. We have partnered with RealtyTrac to give our buyers great opportunities to save on Philadelphia foreclosures. Looking through the data we now have on our site, here’s a few Philadelphia foreclosure opportunities I really like for buyers.
Lets talk about the “f” word – Foreclosure. We’ve seen a lot of attention lately to President Obama’s plan to help distressed home owners avoid foreclosure, and relieve the pressure of those drastically reduced priced homes on the market. What does this mean for you, the buyer of a condo here in Atlanta? Is an Atlanta Foreclosure a good deal for you? Will action by Congress keep you from getting an unbelievably good deal, or sweeten the deal more for you?
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