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About Al Romero, Ltrs.
(Top Expert on this page)

Expertise
I can answer questions relating to general Real Estate in Pennsylvania including questions relating to Real Estate Investments and Landlord issues. I cannot delve out of my expertise ie;as in the practice of Law. www.yorkhomeguide.com

Experience
5 years as an Investment property Advisor with a local Investment firm and 3 years of general practice.

Organizations
National Realtors Association R.A.Y.A.C Pennsylvania Realtors Association H.A.R

Publications
york listings Central Pa Real Estate Investors guide

Education/Credentials
Center of Real Estate Law and Sales Practice. Ltrs certified. housevalues agent certification.

Awards and Honors
$10 million Club

   

You are here:  Experts > Real Estate > Real Estate by Location > Real Estate: Pennsylvania

SubjectDate AskedExpert

Contract to sell real estate10/21/2008Al Romero, Ltrs.
  Q: I have entered into a contract to sell my house in philadelphia that's set to expire in another 3+ ...
  A: Vivienne, If you entered (signed) the agreement to "SELL" your home you will not owe any rental ...
terminating a real estate contract10/8/2008Al Romero, Ltrs.
  Q: Does a seller have any rights in terminating a real estate agreement? We have our house up for ...
  A: Tammy, Depending on what your agreement states. In most areas of Pennsylvania the seller does not ...
Rent to own10/6/2008Al Romero, Ltrs.
  Q: I am looking into a rent to own situation. Do you know anything about Admiral Capital Management. I ...
  A: Dana, They are a local investment real estate company I would just make sure any contract you sign ...
Getting out of Listing Contract9/25/2008Al Romero, Ltrs.
  Q: I have a friend who entered into a listing contract with an agent in January, 2008 with its ...
  A: In Pa the maximum listing agreement is 1 year. The situation depends on what the particular listing ...
return of deposit ..8/26/2008John
  Q: in janurary of 2008 my realtor received a 2000.00 dollar deposit on a house i was selling . the ...
  A: IF I understand you right, you want to keep the deposit. If not, write back so I can correct my ...
deposit4/8/2008Brettney Gunning-Rausch
  Q: our daughter put down 2500 dollars with an offer to purchase a home. How much more money will she ...
  A: Laurie, In the Pa state contract there is a spot where you fill in the amount of your deposit. ...
selling my home2/22/2008John
  Q: I live in Detroit in a 3 bed room bungalow that is in really good shape. I want to sell my house to ...
  A: Ok, a short sell can only be done through a Realtor I believe. Also, a short sell can only be used ...
What are his rights?2/17/2008John
  Q: My boyfriend purchased a home 4 years ago when he was planning a life with a woman who is now his ...
  A: I am sorry to break this to you, but as much as I would like to say there is a way, there is not. ...
finding foreclosures.2/16/2008Al Romero, Ltrs.
  Q: i have been looking on good deals to flip. i used to buy from the multiple listing. now i feel it's ...
  A: MLS is still your best bet for foreclosures remember the banks about 99.9% of the time list their ...
Townhouse/appartment buying1/29/2008Al Romero, Ltrs.
  Q: Romero and everyone as well :D My name is Tony and I live in Warminster, PA (Bucks county). Me and ...
  A: Tony, Your gut feeling is correct! I would not sell your apartment home if you do not have to right ...
commissions1/24/2008Brettney Gunning-Rausch
  Q: Is it PA law that the seller pays commissions to both the seller's and the buyer's agents?
  A: All commissions are negotiable. When you sell your house yourself by owner you are the seller ( no ...
deed stipulations1/15/2008Al Romero, Ltrs.
  Q: We bought a restaurant in Fulton County Pa. 7 years ago. At that time the real estate broker said ...
  A: They can expire depending how it was written, it would be right there in the deed, go to the local ...
contract1/15/2008Al Romero, Ltrs.
  Q: We put a contract on a house a few months ago and it was excepted. We recently found out that a ...
  A: From what I read here without looking at the agreement, you seem to have a valid claim to your ...
becomeing an agent1/12/2008Brettney Gunning-Rausch
  Q: I would like to become a real estate agent and open my own office, what do i need to do to get ...
  A: you need to go and take your classes to get your real estate license either at a community college ...
Renting home still under listing contract.1/10/2008John
  Q: Our home has been on the market for 3 months with no offers, we have had 2 price reductions of 4% ...
  A: Ok, It all depends on what the contract says. I asked the wife, who is a Realtor, and she said, ( ...
Renting home still under listing contract.1/9/2008John
  Q: Our home has been on the market for 3 months with no offers, we have had 2 price reductions of 4% ...
  A: George, The first thing you did wrong was listed for 6 months. 3 months listing with renew is the ...
Renting home still under listing contract.1/9/2008Al Romero, Ltrs.
  Q: Our home has been on the market for 3 months with no offers, we have had 2 price reductions of 4% ...
  A: They cannot prevent you from renting the property out with notice given but are not also required to ...
too many people in 1 house ??1/2/2008John
  Q: i dont know if you can answer my question....... heres the problem 15 mexicans just moved in a 3 ...
  A: Well there is a lot that can be done here. 1- If they are renting, call the landlord, so they can ...
realtor commission question12/27/2007John
  Q: I am currently two months into a six month contract with a realtor. Recently my sister has come to ...
  A: No, I am not mis-understanding you. That does clear up the reason why you want to cut it. But you ...
deed stipulations11/14/2007Al Romero, Ltrs.
  Q: Hopefully you can offer me some additional insight. I am currently in the process of purchasing a ...
  A: try this site for a better explanation ...
deed stipulations11/14/2007Al Romero, Ltrs.
  Q: Hopefully you can offer me some additional insight. I am currently in the process of purchasing a ...
  A: Yes deed stipulations can be added to limit use. Including auto repair. How long you ask ,well if it ...
tenant suing for security return11/8/2007Al Romero, Ltrs.
  Q: I am holding 2nd Fl tenant security because they left behind abused, discolored & filthy carpet. ...
  A: Adam, This is a question for the attorney section, but I can tell you this "a picture is worth a ...
capitol gain tax11/8/2007Al Romero, Ltrs.
  Q: We bought a new home in July of 2002,rented our previous we bought and lived in since 1984 from Sept ...
  A: Patti, This question is best suited for an accountant, I will answer to the best of my ability. The ...
can't sell house10/29/2007Al Romero, Ltrs.
  Q: I have a house in a suburban area where houses are going up all around it int eh 300-5--K range. My ...
  A: Carl, 4 things sell homes price, location ,housekeeping, condition. Good thing is we can control 3 ...
Cannot sell house.10/29/2007Brettney Gunning-Rausch
  Q: I have a house in a suburban area where houses are going up all around it int eh 300-5--K range. My ...
  A: First what is the feedback that your agent is getting from the agents that show your house? Too ...
rental10/24/2007John
  Q: I am renting a property in PA. There will be a company paying the lease and I will be living there. ...
  A: That is more of a question that you will need to ask the landlord. However, if I was the landlord, I ...
home purchase10/6/2007Brettney Gunning-Rausch
  Q: MY AGENT IS THE SELLER AGENT ALSO AND HE IS TELLING ME THAT I WILL LOSS MY DEPOSIT. THE AGENT ALSO ...
  A: This is a tricky situation..If you can not rent out your home then obviously(hopefully) that is ...
manufactured home for sale8/31/2007Al Romero, Ltrs.
  Q: My mother has a 1975 24' x 56' Americana double wide manufactured home that she and my dad ...
  A: It actually is very common, some banks will not mortgage a mobile home that exceeds a certain age, ...
House Seller Lied On Seller's Disclosure8/22/2007John
  Q: In September of 2006 we purchased a home in Lemoyne, PA. On the seller's disclosure it was stated ...
  A: Sorry to hear about this. Go to: www.YorkPAhome.com click on: Favorite Links go down to: Association ...
Selling my home in PA8/15/2007Al Romero, Ltrs.
  Q: I am planning on selling my home in Hawley, PA. I have owned it for 3 years, but it has been my ...
  A: Michelle, The Taxpayer Relief act of 1997 drastically changed the tax laws concerning capital gains ...
land purchase6/17/2007Brettney Gunning-Rausch
  Q: i want to purchase a 1ac. building lot and i find that it has a list pendens on the title from ...
  A: Dennis, I am lucky and have not had to deal with any pending lawsuit on a property. Recording a lis ...
Buying my father's farm without problems5/13/2007Al Romero, Ltrs.
  Q: My father is 80 and wants to deed his farm to me and we will be moving there as soon as we sell our ...
  A: Laura, If you planning on moving in to the home before your father plans or applies for a nursing ...
Capital Gains Tax on Real Estate5/9/2007Al Romero, Ltrs.
  Q: My mom owns 8 acres of farmland in Berks County that she bought from her father for about $3000 at ...
  A: Gabe, If she lived on the property for 3 of the last 5 years of the sale or transfer date, she will ...
question2/18/2007Al Romero, Ltrs.
  Q: I have been paying cash rent every month for the past ten years, and I am still paying $500 every ...
  A: Fars, The best way to get around that is to open a bank account and pay your rent by check , the ...
advice1/22/2007Al Romero, Ltrs.
  Q: I am 30 years old single male from Detroit, MI. I live with my 2 siblings and our mother. I make ...
  A: Wow loaded question you have a few different concerns there, the main one being a low income and ...

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