The Philadelphia Real Estate Blog

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Holiday Short Sale at 511-19 Broad Street!

Our Broad Street Street Holiday Spectacular? It's live at 511-19 Broad Street, 702.

This modern studio is smart Center City Philadelphia living, priced to please at $105,000.

Large windows overlook the city from the 7th floor. Live steps from the subway at Spring Garden Street and a few blocks away from local gems such as Cafe Lift, Trestle Inn (newly reopened as a whiskey and 60's themed bar), and Prohibition Taproom in the Loft District or the acclaimed restaurant Osteria on North Broad.

Contact the Somers Team for more information!


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2 comments • Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate • December 16 2011 02:33PM

Hot Ticket: 1324 Locust Street

The aptly named Arts Condominium in Center City puts you right next to the Avenue of the Arts in Philadelphia. Imagine your own studio close to the grand entertainment venues of the city, with arts colleges, shopping, and restaurants all around you. 1324 Locust Street, Unit 304 is your front row ticket at $75,000.

The best seats in the house? Enter the impressive marbled lobby with controlled access and a 24 hour attendant, with access to a community room and fitness center, plus bike parking, laundry, and a salon on-site. This pet-friendly studio is an excellent choice for your artist abode.

Contact the Somers Team to book your tour!


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1 comment • Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate • November 08 2011 02:47PM

Philadelphia Short Sales - A Sweet Victory

Philadelphia Short Sales - A Sweet Victory

We recently had a successful Philadelphia short sale for a Center City Condo in the Victory Building at 10th and Chestnut.  This Victory Buildingwas a very sweet "Victory" as we had to negotiate with Bank of America through five separate buyers to finally make it to a settlement table.   To be honest, we almost gave up on this one as the lender for whatever reason was just not being reasonable with what they were willing to accept and there was not much more we could do and with the mountains of hours we had into it already, we were also getting very frustrated.  However, we still represented our clients who were so extremely nice and cooperative every step of the way.  They urged us to try one more time with the short sale which we did and sure enough, we did it!

As many of you know out there, Bank of America has a reputation of being one of the more difficult lenders to work with to get a Philadelphia short sale approved.  You must be extremely equipped with the Equator process, the short sale process, have patience of a Saint and communication skills of a super hero in order to improve the chances of short sale success.  Not to mention knowledge of the real estate market inside and out for issues with valuation of a BPO like we did on this one in regards to recent sales in the Victory Building.

We thank the buyer and the buyers agent for being patient.   A successful Philadelphia short sale is a "win-win" for all the parties.

And for you potential Philadelphia short sale sellers out there, make sure you contact the right listing agent to handle the short sale to navigate through the process and get you to the settlement table.  Expertise and experience is a must.  If you are in Philadelphia, feel free to contact us or email thesomersteam@gmail.com to inquire further.

Other Philadelphia Short Sale Articles:

Philadelphia Short Sales - Another Successful Short Sale at Waterfront Square

Philadelphia Short Sales - Another Succesful Short Sale in Point Breeze

Philadelphia Short Sales and Short Sale Success - The Somers Team

Short Sale Specialists in Philadelphia

Short Sale Specialists in Philadelphia - Plan and Prepare for Success

Philadelphia Short Sale Terminator Rises Again!

 

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10 comments • Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate • November 06 2011 07:24AM

We Like 'Em Hot, Short, and Broad: Short Sale on Broad St!

Need a home away from home? Or a Center City studio that puts you close to work, school, an emerging restaurant row (Osteria and Alla Spina)? 

Check out 511-19 N Broad Street, 702...an amazing Short Sale opportunity!

This modern studio offers a fantastic opportunity for an affordable second home in City or for a smart and efficient living space. The location is optimal for access to the subway or a short walk into Center City. This 7th floor unit is all electric, with large windows, concierge, and elevator, central air and low condo fees.

This short sale won't leave you short...priced to sell quickly at $115,000. All offers will be considered.  Contact the Somers Team for more information. 

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2 comments • Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate • September 07 2011 09:59AM

The Commonwealth: Art Deco Gets an Update

We know you're always curious about the hottest properties in the coolest neighborhoods in Philadelphia. That's why we are introducing to you one of the hottest luxury rental properties in the city. It is called The Commonwealth. It sounds as sophisticated as it is in person.

The Commonwealth is an Art Deco-inspired building at 1201 Chestnut Street. This Center City location is all about offering you the lifestyle you desire and freedom you demand. And you will not believe the value!  Now that we've piqued your curiosity, here are some of the details:
  • Opening in July 2011
  • 1 and 2 Bedroom Layouts
  • Pet-Friendly
  • Fitness Center
  • Doorman
  • Storage Units
  • Hardwood Floors
  • European Kitchens w/ Stainless Steel Appliances
  • Granite Countertops
  • Bikes Racks
  • Discounted Garage Parking
  [image via www.commonwealth1201.com]

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2 comments • Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate • May 04 2011 02:03PM

PIFA Street Fair: A Little Bit of Paris in the Springtime

 

PIFA, Philadelphia International Festival of the Arts, ended a month-long celebration of the arts with a spectacular street fair that took over Broad Street from Chestnut to Pine Streets. A ferris wheel, a maze, live performers dressed as statues and trees, street painters, acrobats swinging from a trapeze, music and theater, and vendors filled the streets with a curious crowd.

Did you attend? What was your favorite moment?

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5 comments • Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate • May 02 2011 10:55AM

Fresh Address: 1137 Pine Street

This week's Fresh Address takes us to 1137 Pine Street, Unit 308. Walkable Location, Affordable Price, and Desirable Features will make living here a Daily Special.

This is Where It's At: In a really great location along Antique Row between 11th and 12th on Pine Street, close to Center City and South Street. There are tons of restaurants, shopping, and nearby theater and performing arts venues nearby.

Come On In: This 2 bedroom, 1.5 bath bi-level is listed at $320,000. Come along for the video tour...

For  more details, please contact the Somers Team. Stay tuned for our upcoming blog posts on 1137 Pine Street, our Fresh Address.


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2 comments • Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate • March 07 2011 04:22PM

2 Bedroom Condo for Sale in Center City, Philadelphia - Short Sale Opportunity Multi-Level 2BR Center City Condo

1 Bedroom Condo for Sale in Center City, Philadelphia

Call The Somers 215-400-2620, RE/MAX Access, Northern Liberties, Philadelphia

 

 

2301 Cherry Street, 3J

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This 2 Bedroom/2 Bath, condo for sale in Center City’s Logan Square at River’s Edge is a Short Sale Opportunity.  This property is in need of cosmetic upgrades throughout.

The design is a multilevel with short staircases for easy access to the upper and lower rooms. Enter in through a concierge center and access the elevator to the Courtyard level.

Unit 3J has a foyer entrance with a large coat closet and spacious living room with fireplace and slider doors overlooking the private patio. The upper level has a large eat in kitchen with a sun room style dining nook. There is a bedroom on this level as well with a full hall bath. The lower level has the master bedroom suite with laundry room and several large closets.

 

This property includes parking in the covered garage. Walk to Cherry St. Tavern, to the Schuylkill walking path, Trader Joe's, and enjoy the area's famed Franklin Institute, Moore College of Art and Design's Galleries, and the Art Museum not far from home.   This 2 bedroom condo for sale in Center City is in a great location and just needs your TLC.

 

 

The Somers Team of Philadelphia

 

 

 

 

TheSomersTeam.com

215-400-2620

Remax Access, Northern Liberties


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2 comments • Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate • December 10 2010 08:08AM

When Aliens Attack Along the Schuylkill River

If the Schuylkill Riverbank looks more colorful this weekend, and by colorful, we mean lit up with blue and green orbs, don't worry that there's been an extraterrestrial invasion.

It's just part of DesignPhiladelphia, an interactive lighting installation titled Light Drift that will set 100 vacuum-formed orbs in land and water. The project comes to us from artist J. Meejin Yoon of MY Studio. What's so special about these lights? They're smart. From the installation description:

"The resting state of the field is a constant state of green. When a visitor approaches a land orb, the orb will start an “enticement mode” by pulsing between blue and green. If a visitor sits on the orb, the pulsing will transition to a blue state. The water orbs that align with the land orb will change colors at the same time, creating a linear extension of blue lights in the water."

The installation will be on exhibition October 15-17, 2010 at Schuylkill Banks between Market Street and Chestnut Street.

[Rendering via Muralarts.org]

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6 comments • Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate • October 14 2010 05:25PM

Get Up Close and Personal with Center City Homes

Have you ever wondered what those Center City homes look like on the inside?

On Sunday, October 10, satisfy your curious side at the 52nd Annual Center City Residents’ Association Fall House Tour. This is your chance to tour 12 different living spaces in the Rittenhouse Square and Fitler Square neighborhoods. The rain or shine walking tour begins at 1 pm and ends at 5 pm, and the $20 ticket includes a map. It's a self-guided tour, so you can check out the houses at your own pace and preference.

Tickets may be pre-purchased with a credit card on the CCRA Website by clicking here or at one of the following locations:

Rittenhouse Hardware, 2001 Pine Street

Reilly Real Estate, 1737 South Street

Jomici Apothecary, 273 S. 15th Street

Pure Florist Design, 500 S. 22nd Street

CCRA Office, 1616 Walnut Street, Suite 705

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9 comments • Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate • September 27 2010 09:55AM