The Philadelphia Real Estate Blog

2 Bedroom Home for Sale in Graduate Hospital Philadelphia

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

936 S 23^rd Street

Renovation in progress in Graduate Hospital.

Create the home you've always wanted in the neighborhood that offers you the life-style you enjoy.

This contemporary 2 bedroom home for sale in Graduate Hospital offers features such as a 1st floor powder room, 2nd floor laundry, central air, and full basement with all new utilities. There is a formal living room and an eat-in kitchen with new stainless appliances, polished granite counters and hardwood flooring throughout.

The basement is full size and unfinished for plenty of storage options. All new replacement windows, new roof and the exterior brick brought to its original natural beauty. Security door and cement patio in the rear.

Photo Gallery

Make your choices (before March 7^th) to complete your design:

• your choice of granite counters
• kitchen cabinet style
• backsplash
• bathroom tile
• hardwood flooring
• fixtures

This 2 bedroom home for sale in Graduate Hospital is conveniently located in walking distance to restaurants such as the delicious Side Car Bar and Grille and Divan Turkish Kitchen.

Exceptional location. Completion on or before March 31st.

View floor plans and neighborhood photos here. 

TheSomersTeam.com

215-400-2620

Remax Access, Northern Liberties

3 Bedroom Home for Sale in Point Breeze Philadelphia

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

1416 S 18^th Street

Short Sale opportunity in Point Breeze, a Philadelphia neighborhood just south of Graduate Hospital.

This 3 bedroom home for sale in Point Breeze offers 1.5 baths, 1,280 sq feet of living space, a spacious 16 foot width, and a 2 story brick front design.

Hardwood floors throughout including the bedrooms, central air, ample size rear yard, nice block.

Photo Gallery

Enter in through the living room/dining room combination with powder room on the 1st floor.

The eat-in kitchen has ample cabinets and counter space. The basement is unfinished with hot water heater and heating system intact. The Kitchen and baths are updated.  Appliances and copper have been removed.

This 3 bedroom home for sale in Point Breeze is being sold in "as is" condition. Bank approval required. Easy to show.

TheSomersTeam.com

215-400-2620

Remax Access, Northern Liberties

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If interested in buying or selling properties in Philadelphia, contact Chris and Stephanie Somers at thesomersteam@yahoo.com or 215-400-2612.  For investment properties, check out our new investor site at Philly Investor Hub!  If interested in checking out our new office in Northern Liberties, let us know !

The Somers  Team - Philadelphia Real Estate  

Search the MLS Properties Here in Philadelphia

Areas of specialty include: Northern Liberties, Old City, Center City, Fishtown, Graduate Hospital, Art Museum, Queen Village, Pennsport, Old Kensington, Port Richmond, Bridesburg, Society Hill, Loft District, Spring Garden and more !

Graduate Hospital lies just south of Center City and Rittenhouse Square, making it an easy choice for many residents. You'll find some great neighborhood pubs here and a new crop of businesses on southwest South Street that reflect the recent influx of young professionals and families. With everything from music venues like Tritone and Bob & Barbaras to well-loved gastronome haunts like Pub & Kitchen and the Sidecar Bar, the neighborhood is always bustling. Pumpkin Market has a variety of organic vegetables, coffee, and grocery items, while Sweet Freedom Bakery doles out gluten-free and vegan desserts that bring in outsiders.

There are plenty of large, renovated townhomes mixed in with the small businesses in the flourishing South of South destination that we call Graduate Hospital, or sometimes, its nickname, G-Ho.

Read more about Graduate Hospital. Ready to search for Graduate Hospital properties?

Philadelphia Short Sales:  Another Successful Short Sale in Graduate Hospital !

Philadelphia Short Sales:  Yesterday we had another successful short sale settlement for 2337 Federal St in Graduate Hospital.  When we first got this listing, the seller met with 7 agents !  Well, it turns out he made the right choice in choosing The Somers Team !  It was a challenging scenario as we first tried a traditional sale but after quickly realizing that it would not fly, we made an adjustment in the listing and marketed the property as a potential short sale.

The seller's bank was quite cooperative.  In fact, we got the short sale approval in a little over one month ! Amazing, isn't it ?  It does happen sometimes, but you cannot plan on that happening much at all with other short sales.  In any event, we took a lot of pride in terms of helping out this seller wipe his hands clean of this property and move on.  Outside of a hiccup at settlement in regards to a title issue that we had already worked out ahead of time, this was one of the smoothest short sale transactions that we have been involved with.  The seller said afterward, "Man, I am so glad I went with you guys".  That warms our heart.

The great news for us AND for our clients is that this continues our streak in that EVERY SHORT SALE PROPERTY THAT WE HAVE LISTED HAS SETTLED !  How cool is that ?  How often do you hear people complain (Realtors especially) that these properties do not settle ?

Philadelphia Short Sales do work !!!  You just have to plan ahead and have the right Realtors involved from the beginning !  If you are in the need of doing a short sale in Philadelphia or one of the surrounding counties, feel free to contact us.

If you are interested in additional info on Short Sales as well as all the other topics we discuss, please subscribe to our blog !  Is only a click away !  If you are in our neck of the woods, please contact us via phone or email or ask about our new office location in Northern Liberties !

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If interested in buying or selling properties in Graduate Hospital, contact Chris and Stephanie Somers at thesomersteam@yahoo.com or 215-400-2612 . You can connect with us on Facebook and Twitter .  For investment properties, check out our new investor site at Philly Investor Hub and ask us about Philadelphia Foreclosures and Short Sales .

The Somers Team - Philadelphia Real Estate 

Search the MLS Properties Here in Philadelphia

The Philadelphia Real Estate Blog

Click here to receive our Blog updates via email ! 

Areas of specialty include Northern Liberties, Old City, Center City, Fishtown, Graduate Hospital, Art Museum, Queen Village, Pennsport, Old Kensington, Port Richmond, Bridesburg, Society Hill, Loft District, Spring Garden and more !

Seller Interviews 7 agents to sell his Graduate Hospital property... and the winner is ?

Myself !  So now the pressure begins.  A great saying in selling real estate is that the best position is either 1st born, 2nd spouse and 3rd listing agent !  The times I have been the 2nd or 3rd Realtor has been great for by that time, the seller is motivated and the listing price will be more aggressive.  So when you are the 1st Realtor, you want to make sure that the price point is realistic and you have enough time for your duration of the listing contract to sell the property.  Anyways, I am getting a little off tangent here...

The purpose of this post was to communicate the Seller's thoughts and my experience.  When I first met with the Seller, he mentioned that he had already met with 5 Realtors.  5 Realtors !!  Wow, that is a lot.  I smiled and told him that I love being in a competitive situation.  I firmly believe that the services Stephanie and I provide are very tough to compete with.  In addition, unlike the old days (which for me is only a few years ago...LOL), I am not attached to every listing opportunity which means that if we do not get a listing we are in the running for, it is okay ! 

We have ample business in this market and are not too interested in working with folks who at that time may not be interested in working with us, or in most cases (for whatever reason) are more interested in working with someone else.  I have found that most of the time the seller has some sort of obligation with another Realtor whether it be family, friend, a friend of a friend or something like that. Or other times, they just want to list it at too high of a price and will find that Realtor to do it for them.

When the seller called and asked me the other day "Will you list my property ? " I agreed.  When I met with him (by that time it was 7 Realtors he met with), I asked him why Chris and Stephanie Somers?  His reply was pretty straight-forward:

1. I felt a connection with you.
2. Your knowledge of the marketplace.
3. Being Internet savvy - the way you market on the internet.  This was most important to me.

I asked him about price in terms of what the other Realtors recommended.  He mentioned one Realtor recommended a price way above what everybody else suggested but the other Realtors (including myself) were all about the same.

Point being here is that I am proud of our ability to communicate with consumers as well as building our experience with every deal that we do.  But I even am more proud of our website - Philadelphia Real Estate - The Somers Team (which this new listing will be featured today) as well as our blog - The Philadelphia Real Estate Voice.  I firmly believe that our decision to focus on Internet marketing has really paid off over the last year or two. 

Now, the pressure is on !  I certainly do not want another Realtor to be the 2nd or 3rd with this listing ! I welcome your thoughts on this blog post and what your thoughts would be with the below questions:

As an Agent, what are your goals for your Internet presence ?

As a Consumer, how important is Internet marketing to you ?

Related Posts:

From Blogging to Speaking on an Expert Philadelphia Real Estate Panel

5 Ways to Recommend Price Reductions to Sellers

5 Steps in Choosing a Realtor to Sell Your Property

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If interested in buying or selling properties in Philadelphia, contact Chris and Stephanie Somers at thesomersteam@yahoo.com or 215-400-2612 . You can connect with us on Facebook and Twitter .  For investment properties, check out our new investor site at Philly Investor Hub !

The Somers - Philadelphia Real Estate - our main site

Search the MLS Properties Here in Philadelphia

The Philadelphia Real Estate Blog

Click here to receive our Blog updates via email ! 

Areas of specialty include Northern Liberties, Old City, Center City, Fishtown, Graduate Hospital, Art Museum, Queen Village, Pennsport, Old Kensington, Port Richmond, Bridesburg, Society Hill, Loft District, Spring Garden and more !

Short Sale Challenges and Success in Graduate Hospital  (Philadelphia Real Estate)

On December 31, we had a short sale miracle !  One of the toughest short sales we have been involved with in Graduate Hospital settled on new years eve !   Listing a property as a short sale typically brings with it great challenges.  Your chances of success are diminished due to all the hurdles that you can go through to get to settlement.  It becomes a business decision for the agent to decide when they take the listing if it makes sense to move foward or to pass.  If it does succeed, one more short sale does mean one less foreclosure !

In this case, the seller's bank took forever and a day to approve the deal.  One of the reasons for the delay was that this was one of the banks that is pretty much not in business anymore ! At the same time, there were squatters going in and out of the property, even an arrest or two !  The buyers were getting nervous regarding the delay. 

We worked with the buyers agent and really pressed the bank to have a settlement prior to year end and sure enough we received the approval on the 29th and did a little short sale dance !

For those owners and sellers interested in doing a short sale in Philadelphia, contact Chris and Stephanie Somers at thesomersteam@yahoo.com or 215-400-2612.  Graduate Hospital is one of those areas with tremendous growth but with that there are homeowners, investors and developers that are in over their head.  With so much development going on in the area, a large amount of inventory and a softening market leads to the potential of more foreclosures and/or short sales to occur in this area.

Short sales are extremely complicated and time-consuming.  Without the right representation, these deals have a high chance of not going through.  Our seller was so grateful that the mission was accomplished and her mortgage is now paid off and will be off her credit report.

For prior blog posts regarding short sales, please see the following posts:

Short Sale Specialists in Philadelphia for those behind on their mortgage

Short Sale Specialists in Philadelphia - Plan and Prepare for Success !

Short Sale Success in Fishtown / Old Kensington

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The Somers - Philadelphia Real Estate

The Philadelphia Real Estate Blog

Click here to receive our Blog updates via email !

One of our clients settled on their property today in Philadelphia (Graduate Hospital).

It is always a great feeling to help buyers and sellers accomplish their goals.  Helping a young couple and their young son purchase their first home was a very rewarding process.  These buyers had some bad luck dealing with other realtors in the past.  Even with our first two offers that were submitted, the deals did not go through - we were worried that they would think it was a reflection on us !  But then we got them under contract for the best property of all of them - a fantasic new construction at a great price !

At the settlement we took a couple of photos with the buyer and seller and then one with myself included as well.  

Today was a great day to be a realtor - it warms my heart and makes up for a lot of the crazy and nutty days !

Philadelphia Real Estate

Another Philadelphia Success Story - Philadelphia Real Estate

We picked up a buyer lead recently from one of our listings in Northern Liberties - a very nice young couple with a little baby who had worked with a realtor or two prior to us - had submitted on offer or two on a property - but did not get a deal accepted.  They were quite motivated to find a property so we gladly took them on as clients.

We took them out several evenings in a row - they were only available from 6:30 on so we had many evenings back to back looking at properties.   It turned out that Graduate Hospital was going to be their area of choice to its immediate vicinity to Center City .

Early on they decided to go for a property that was listed at $420K - it had been on the market for 2 years !!  We mentioned to the agent that we might submit an offer for $360 to 370K ahead of time.  The listing agent recommended to put it in writing - usually a good sign !  We ended up receiving a counter of $418K - you can see where this deal is heading... The appraisal probably would have only come in at around $380K so our clients passed.

Next was a smaller house listed for $300K.  We submitted a deal for $295K - this buyer also mind you is an A buyer - 20 percent down, fast closing, etc...   I knew the listing agent and figured this would be a breeze.  However, I received an email that dumbfounded me, another offer was accepted !  How dare she accept another deal ????  Uh oh - I was now worried that our clients would blame us for the deal not being accepted.  It turns out that the other deal was cash, close in a few weeks.  Go figure !!!!! 

I have learned many things from my wife, one of them being "when its meant to be, it is meant to be" which is what I told our clients - they agreed and thus, we went back looking... and looking and looking.  Found another property that also had been on the market for a year or so listed at $399K.  Our buyers were interested at $360K.  Seller stood firm at $370K for about 2 weeks.  Im thinking too myself do these sellers know what type of market we are in with their overpriced listings ?  It is not like the property has been on the market for 2 weeks !  In any event, there was another property where our clients offered $365 and the owner came down to $380 but nothing happened.  We were in dismay and shock... what was going on here ?????

Finally, we found a new construction property that was just incredible that our buyers are now under contract for.  The home inspection is already done and "fingers crossed" should be a breeze until settlement.  This house is the best of all of them by far and really fits the needs of the client as well as being the best value !

We take a lot of pride in being advocates for our clients.  In this case, patience was rewarded !!!!!!

Also see the great follow-up to this story with a settlement photo !

Philadelphia Real Estate

Philadelphia Real Estate Blog