Houses for Sale in Philadelphia, Pennsylvania

Here are the best foreclosure deals in Philadelphia, Pennsylvania as of Thursday February 6, 2014 (2/6/2014). Even though the real estate market is making a comeback, there is still a huge inventory of foreclosed properties at cheap prices available in the Philadelphia area.

Follow the links below to get exclusive access to the best foreclosure deals in Philadelphia County.

You will have FREE access to newly added properties listed for sale or rent in Philadelphia. Browse listings of uptodate properties by zip code, city, or neighborhood.

Real Estate Market Report for Philadelphia on Thursday February 6, 2014 (2/6/2014)

The latest real estate market trends show the median list price for properties in Philadelphia, Philadelphia County is $219,900, with an increase of 2.28% compared to last year.

The overall intentory of properties has remain steady at 25,604 units for the current month, which represents a decline of 935 units or -3.65% compared to the previous month. Over the last year, the Philadelphia market has seen a decrease of -4.00% in the number of overall available units.

The latest numbers show that the average property will remain in the market an average of 104 days. This is compared to 115 days a year ago.

LOCAL FORECLOSURE DEALS IN PHILADELPHIA, PENNSYLVANIA (PHILADELPHIA COUNTY)

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FIND RENT TO OWN HOMES NEAR THE PHILADELPHIA, PENNSYLVANIA (PHILADELPHIA COUNTY) AREA

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OTHER REAL ESTATE OPPORTUNITES AND DEALS IN THE PHILADELPHIA, PENNSYLVANIA (PHILADELPHIA COUNTY) AREA

The Philadelphia market has some of the best deals in Pennsylvania. If you are looking for an alternative real estate investment, below you will find some of the best options around:

HUD Homes for purchase: HUD houses offer some of the best investment opportunities. These are government owned homes that sell between 20-40% below market value. Here you will find more information on thebest HUD deals in Philadelphia.

Tax Liens: Tax liens offer the opportunity to receive a steady flow of monthly income. Tax liens are a hidden gem for investors. Learn more about investing in this very profitable instrument by following this link: Tax Lien deals in Philadelphia.

Sheriff Sales: Are you in the market for cheap and affordable investment properties? Sheriff sales offers you some of the best deals in the Philadelphia area. These local deals are offered usually once a month. Click here to learn more about list of Sheriff sales in Philadelphia County.



Frequently ask questions about the foreclosure market in Philadelphia, Pennsylvania for Thursday February 6, 2014 (2/6/2014).

Where can I find foreclosed properties in Philadelphia, Pennsylvania?
Latest foreclosed listings in Philadelphia County.
Find best deals in Foreclosed properties in Philadelphia, Pennsylvania.
Where can I find cheap houses for sale in Philadelphia County.
Home for sale in Philadelphia, Pennsylvania.
Find local real estate deals in Philadelphia County.
Find Rent To Own homes in Philadelphia, Pennsylvania.
Find Tax Lien deals in Philadelphia, Pennsylvania.
List of Sheriff home sales in Philadelphia County.

What are bank owned or REO properties?
Answer: These are properties owned by a lender (typically a bank, government agency, or government loan insurer) that were not sold at a foreclosure auction.

What is a foreclosure?
Answer: a foreclosure is the process by which a homeowner’s legal rights to a property are lost because of the failure to pay the debt on the mortgage. If the owner cannot pay off the outstanding debt or sell it via short sale, the property is then sent to a foreclosure auction. If the property is not sold at auction, it becomes the property of the lender.

What is a HUD Home?
Answer: A HUD home is usually a residential property with 1 to 4 units that has been obtain by HUD (U.S. Department of Housing and Urban Development) as the result of a foreclosure on an FHA mortgage.

What is a tax lien?
Answer: It is a type of lien placed against a title or property when the owner fails to pay either state or federal taxes.

What is a Sheriff sale?
Answer: Sheriff sales are properties held by a county sheriff and are posted for sale usually once a month. These properties are usually cheap foreclosures and other distressed real estate for sale at drastically reduced prices.

Mortage Interest Rate on 2/6/2014?

What is the Interest Rate for today 2/6/2014?