Home for Sale at 524 LOMBARD STREET, PHILADELPHIA, PA 19147

524 Lombard Street
Philadelphia, PA 19147

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Property Details

List Price:	$650,000
Beds:	3
Baths:	3
Status:	Pending
SqFt:	1761
Agency:	Berkshire Hathaway HomeServices Fox & Roach, Real

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Description/Comments

Lot Size:	--
Property Type:	Common Interest
Year Built:	1978
Notes:	Popular Randolph Court 3 bedroom, 2.5 bath home that's a corner, far off the street, with a coveted private GARAGE with interior access to the home + top floor deck + finished basement in the McCall school catchment. Enter through the charming brick courtyard to your front door or through the garage. You will find an open living room with windows overlooking the pretty courtyard. Wood flooring and a mantel fireplace. Handy powder room + convenient laundry room with shelving and storage in the approach to the door to the garage, which fits the owners' SUV + bikes and equipment. Lower level finished area is currently used as a gym but could also serve as an office, mindfulness area, guest or in-law space. From the living room, up the stairs to the dining room, which fits a table with chairs + breakfront furniture. Modern kitchen with stainless appliances, tile flooring and backsplash and plenty of counter space and cabinetry storage. Up the steps to the first bedroom that's currently used as an in-home office. Spacious with windows streaming in light and closet for storage. Up steps to the renovated calm tiled spa-like bath. The second bedroom accommodates a large bed, side tables and dresser. On the top floor is the crown jewel of this home - an amazing, light-filled bedroom with vaulted ceilings, skylight, double windows. Large closet + full bathroom, too. And access to the peaceful top floor deck affording city views. While living in Randolph Court in Society Hill is a treat - parks, shopping and walking past history in the day to day - this location is strategically close to Pennsylvania and Jefferson Hospital and has easy access to the bridges to New Jersey + I-95/76. You are close to Independence Mall, Washington Square, Head House Square, Penns Landing, the 9th Street Italian Market, Midtown Village and Penn's Landing. A lot to explore and enjoy.
MlsNumber:	PAPH2323790

Listing Provided By:	Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name:	Berkshire Hathaway HomeServices Fox & Roach, Real
Office Name:	BHHS Fox & Roach At the Harper Rittenhouse Sq
Office Phone:	(215) 546-0550
Agent Name:	Pam Rosser-Thistle
Disclaimer:	Copyright Â© 2024 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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