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Jeff Geoghan MBA - Lancaster PA Real Estate Expert

October 2009 Lancaster PA Real Estate Market Results...

October was a good month overall for home sales in Lancaster County, Pennsylvania. Real Estate activity was consistent with the pattern that developed over the past summer, with the exception that new listings fell off dramatically versus recent years.

Lancaster pa real estate, Lancaster pa homes for sale

For the complete market snapshot visit my local Lancaster real estate blog here...

Election Results for Lancaster County, Pennsylvania...

Lancaster County PA election results 2009Here are the reported election results for Lancaster County, PA Offices of Mayor, Councilperson & School Board Director…winners in each election are listed below:

Click here for the Lancaster County Election Results – Borough, City Mayor and Council Winners

Click here for Lancaster County Township Elections – Township Supervisor Winners

Click here for the Lancaster County PA Election Results – School Board Director Winners

Lancaster Mid Century Modern Homes For Sale?

Lancaster PA Mid Century modern homes contemporary styleAs a California refugee (and one who restored a trashed Eichler home in the city of Orange), I am particularly partial to homes that were built in the middle of the 20th Century using a “modern” architectural style. Called contemporary as well, these homes incorporated angular lines and flat planes to project a boxy, incomplete sense for the viewer. This style, coined “Mid Century Modern”, was considered to be an extension of the organic architectural principles of the well-known Frank Lloyd Wright, whose influence was primarily upon the first third of the century.

Read more at my Lancaster PA Real Estate Blog article on Mid Century Homes...

US Senate Committee Approves Extension And Expansion of Homebuyer Credit

first time home buyer tax credit extension senate Breaking News for potential home buyers coming out of Washington Today...

Read the latest details at my Lancaster PA Real Estate blog - US Senate Approves Tax Credit Extension

Here's hoping this proposal makes it's way through the process!

New HUD1 Form Has Many Changes, Most For The Better...

A pair of changes to the real estate transaction process will be noticeable to both consumers and industry pros alike – new “Truth In Lending” (TIL) procedures by mortgage lenders and a new “HUD-1″ Settlement sheet following new RESPA guidelines (that stands for Real Estate Settlement Procedures Act). Both are designed to bring fuller disclosure of loan and settlement costs to consumers.

HUD1 new form 2010 RESPA settlement closing sheet

In this post I’ll deal with the new HUD-1 form, and in a future post the Truth In Lending process. The new HUD closing sheet relies heavily on the Good Faith Estimate, which is given by the lender to the consumer at the time the consumer applies for a loan. Under the new TIL regulations lenders must furnish the (now) borrower with another Good Faith Estimate should the terms change (including the rate, purchase price, etc). Your real estate agent needs to be on top of this…

Read the rest of the article at my Lancaster PA Real Estate blog on the new HUD1 form for 2010