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Groovy Drone Footage - The Philadelphian Condominiums | 
Your Center City Condo Newsletter ~   May 2019
Drone Footage at The Philadelphian

City life is easy at The Philadelphian. You're covered with a full time staff of engineers, security, concierge, doormen, maintenance, housekeeping, and administrative support. It's all at your fingertips at The Philadelphian from security access to elevators to your private living space. The underground garage has valet parking, there is an outdoor pool, an indoor pool for year-round enjoyment, and a fitness center with saunas for starters. The first floor consists of professional suites with a variety of businesses, health care professionals, attorneys, and more. Just a short walk to the Philadelphia Museum of Art, Boathouse Row, Eastern State Penitentiary, Rodin Museum, and The Franklin Institute. All utilities and Comcast basic cable service are included in the monthly condo fee. (The building is currently working with Verizon to install fiber optic lines. This will not replace the Comcast service, but will give residents the option of purchasing service through Verizon.) The association cleans the exterior of the windows every year. The common spaces include a marble lobby, a 2000 square foot social room with adjoining kitchen for meetings, films, and events, an in-house library, card room, art studio, and on-site management suite employed by the Philadelphian Condo Association. The Philadelphian offers diversity in floor plans from modest studios-most with magnificent balconies-to opulent 3 bedroom residences offering over 2000 square feet of luxury living. 
Click here to learn more about The Philadelphian!
Under Contract at The Philadelphian!

Sale Price/Original List Price Ratios
Speaking of mortgages...
here are two things of note:

1) 
Doctor Loans now apply to lawyers, dentists,
and CPA's!

Here's the scoop...
  • Doctors (including dental) as well as newly graduating Attorneys & CPAs
  • NO PMI - 1 Loan 100% financing up to $850K; 97% up to $1M; 95% to $1.5M
  • Minimum $300K loan amount
  • 100% LTV up to $850k; 97% LTV up to $1M; 95% up to $1.5M
  • 30yr Fixed, as well as 7-year ARM, 15-year Fixed, & more: No PMI
  • Student loan debts backed out of DTI if payments deferred for 12 months
  • 3% Seller assist is acceptable
  • 30-year Fixed Rates at 4.25% - 4.375% / 7-year ARM at 3.875% - 4.0%
2) 100% loans are back! Yes, you can get 100% financing on home loans. Of course, you have to jump through hoops...

While most banks and lenders are capped at 85%, 90% for their home equity loans Trident Mortgage is now able to offer 100% financing HELOC (Home Equity Line of Credit)

This can be used for a combo of up to a 80/20 Piggy Pack purchase, to avoid paying any PMI. Its also available on a refinance or stand-alone 2nd if you wanted to take some equity out of your house. Here are some highlights:

Up to $300,000 Loan amount
680 Minimum Credit score
80-90% Prime + 1.00 / 90.01 - 100% Prime + 1.25%
Primary residence

Give me a shout if you'd like more details!
                                                                                                                                                    MarkNew   
Mark Wade 
Saturday AM is my favorite time of the entire work week.

No office work and a full day of looking at some
really cool condos around town.
Even after 30 years it never gets old.



BHHS Fox & Roach Realtors
Society Hill Office
215.627.6005

215.521.1523 direct
Mark@CenterCity.com


The best time to get me is in the AM 
when I'm hopped up on four
cups of Dunkin Donuts Coffee.