Flipping is risky and tougher than it seems on TV, especially in Pittsburgh! More often than not, it usually ends up taking a bit longer and costing more than anticipated from entry to exit. Many home sellers we speak with consider flipping their own house as a possible option for selling. Let's break down what … Continue reading Is flipping expensive for Pittsburgh cash home buyers?
The City of Pittsburgh recently went on a taxation and fee binge on anything and everything. Beginning on May 1, 2019 a building permit fee for a total gut rehab ($150,000 rehab estimate) on a single family home will go from $150 to $850: that’s an 83% hike! Yikes! What is the impact? PGH Property … Continue reading New Building Permit Fees in City of Pittsburgh
Did you know that Pennsylvania is among the top states plagued with staggering and economically crippling taxation? Did you also know that beginning on January 1, 2020, the City of Pittsburgh will have the highest total combined real estate transfer tax rate in the US!? This ordinance negatively impacts people in the City of Pittsburgh … Continue reading City of Pittsburgh Real Estate Tax Disaster
Owning a vacant property comes with risks. Today we will discuss the challenges and offer solutions for owning vacant property. We at PGH Property Buyer aren't the only people who perceive a property that sits vacant as a negative. Did you know that homeowner insurance for property is automatically quoted higher if it is not … Continue reading Tips and Risks of Owning Vacant Property
If you were to sell your home on the market with Realtors involved, the buyer will likely order a home inspection, appraisal, radon test, sewer line test, and WDO test (wood destroying organism). Here are some averages of the most costly repairs that may need addressed and repaired by the seller before closing: Electrical - … Continue reading A Seller’s Most Costly Repairs