Lehigh Valley Real Estate Blog, Home Buying & Selling Information

The Allentown Fair in Lehigh Valley PA

The Great Allentown Fair starts today (08/31/10). The fair has been home to Lehigh Valley for over 158 years. Some of the headline acts include Lady Anebellum and Keith Urban. Jeff Dunham will present his unique ventriloquism show.

The Fair includes a variety of foods, amusement park rides, music, plus an emphasis on agriculture achievments.

The Allentown Fair Grounds is located at:

302 N 17th St
Allentown, PA 18104

The Fair runs from August 31st to September 6th. More information is available at http://www.allentownfairpa.org/

Lehigh Valley Short Sale Problems

You found the perfect Lehigh Valley home but it is a Short Sale. What now?

There are mutliple problems that can be encountered with a real estate purchase that is a Short Sale. You may get a house at a great price but patience is a virtue.

- It may take months for the bank to respond to the offer.
- The seller must prove a hardship (are they still working, do they have money in the bank or in a 401k...etc)
- How much time is available until the home goes to Sheriff's Sale or is Foreclosed?
- What fees will have to be paid by the buyer that would normally be paid for by the seller?

Short Sales are a way of life. If I take a home buyer to see 5 properties more than likely one of them is a Short Sale. Making an offer on a Short Sale is fine but the Lehigh Valley Home Buyer must be made aware of the pitfalls along the way. Many home buyers pull the plug after waiting a few months with no reply from the bank.

Visit www.lehighvalleyhomesonline.com for all of your Lehigh Valley Real Estate information.