Allison Park is a charming suburban community located in Hampton Township, just north of Pittsburgh, Pennsylvania, USA. While there isn't a specific "Allison Park Home" as an individual structure or landmark, the area is known for its beautiful residential neighborhoods and family-friendly atmosphere.
The homes in Allison Park typically range from traditional single-family houses to newer developments with modern amenities. The community boasts tree-lined streets, spacious yards, and a serene ambiance, making it an ideal place for families, professionals, and retirees alike.
One of the notable features of Allison Park is its proximity to outdoor recreational opportunities. Residents enjoy easy access to North Park, a 3,075-acre county park offering hiking trails, picnic areas, sports fields, and a lake for fishing and boating. The park also features a golf course, nature center, and various playgrounds, making it a hub for outdoor enthusiasts.
In addition to its natural beauty, Allison Park offers convenient access to shopping, dining, and entertainment options. Nearby commercial centers provide residents with a variety of retail stores, restaurants, and services, ensuring that daily needs are easily met.
Education is also a priority in Allison Park, with highly-rated public schools serving the community. Hampton Township School District is known for its academic excellence and strong extracurricular programs, providing students with a well-rounded education.
Overall, Allison Park embodies the quintessential American suburban lifestyle, offering a perfect blend of community, convenience, and natural beauty. Its welcoming atmosphere and range of amenities make it a desirable place to call home for those seeking a peaceful retreat just minutes from the vibrant city of Pittsburgh.
Short Sale Requirements for Allison Park Home Owners Modified
A program that may help Allison Park home owners who did not qualify for a loan modification is the Home Affordable Foreclosure Alternative (HAFA) program. This was launched by the Obama administration as a way of providing another alternative to foreclosure. Including incentives that may encourage lenders to allow more short sales for Allison Park home owners, HAFA is streamlining the program to benefit homeowners more.
The HAFA program had been criticized by many saying it was too strict and overly complicated. In a short sale, the lenders allow the Allison Park home to be sold for less than the loan value and they take a loss financially, however they avoid a foreclosure, which can be quite costly. The borrowers also get a cash incentive to leave the home.
HAFA has made the short sale process for Allison Park home owners more efficient, however feedback from many including realtors, servicers, housing counselors and many others have stated that the process could use additional improvements, including simplifying the short sales and further benefiting homeowners.
Some of the changes included are that borrower’s finances no longer need to be verified, their monthly payment no longer needs to be checked to see if it is more than 31% of the debt-to-income ratio and second lien holders no longer have to accept 6% of the unpaid balance. The servicer would decide who is paid and the amount although the cap for second lien holders would still be $6000. HAFA does require that borrowers who are attempting a short sale get an agreement within 30 days if the short sale is approved or an answer if not.
The changes are necessary to end the delays that have stymied deals that could have been beneficial for Allison Park home owners as well as the mortgage holders. With numbers approaching 11 million homeowners who are under water when it comes to their mortgages and the number still on the rise, the housing prices are going even lower.
Opponents of the new requirements fear that the program will be used by those who do not need to sell their home, but will use the new less stringent requirements to get out of a bad investment. For Allison Park home owners who are facing foreclosure, requirements that are more lenient may be the answer.
If you would like more information about Allison Park home, please feel free to contact us at (724) 933-8505 or visit our Contact Us page where you can send us a message. We’ll get back to you right away!
Allison Park, nestled in Hampton Township just north of Pittsburgh, Pennsylvania, is widely regarded as a fantastic place to live for a variety of reasons.
First and foremost, Allison Park offers a peaceful suburban setting with a strong sense of community. The neighborhoods are characterized by well-maintained homes, tree-lined streets, and spacious yards, providing residents with a tranquil and picturesque environment to call home. The tight-knit community fosters a sense of belonging and camaraderie among its residents, making it an ideal place for families, professionals, and retirees alike.
One of the biggest draws of Allison Park is its proximity to nature and outdoor recreational opportunities. Residents have easy access to North Park, a sprawling 3,075-acre county park offering an array of activities such as hiking, biking, fishing, boating, and picnicking. The park's lush greenery, scenic trails, and tranquil lake provide endless opportunities for outdoor adventure and relaxation right on the doorstep of Allison Park residents.
Furthermore, Allison Park boasts excellent schools within the highly-rated Hampton Township School District. Families moving to the area can rest assured knowing that their children will receive a top-notch education with access to quality academic programs, dedicated teachers, and robust extracurricular activities.
In terms of amenities, Allison Park offers a convenient lifestyle with easy access to shopping, dining, and entertainment options. Nearby commercial centers provide residents with a variety of retail stores, restaurants, and services, ensuring that all daily needs are met without having to travel far from home.
Moreover, Allison Park's location provides a perfect balance between suburban tranquility and urban convenience. While enjoying the peaceful ambiance of suburban living, residents are just a short drive away from the bustling city of Pittsburgh, where they can explore cultural attractions, dine at trendy restaurants, attend sporting events, and enjoy vibrant nightlife.
Overall, Allison Park offers a high quality of life with its scenic surroundings, strong sense of community, excellent schools, and convenient amenities. It's no wonder why many people consider Allison Park to be an exceptional place to live, embodying the best aspects of suburban living while providing easy access to all the benefits of city life.
What about demograpics of alison park?
llison Park, Pennsylvania, is a suburb located in Hampton Township, just north of Pittsburgh. As of the latest available data, Allison Park has a diverse population with a mix of demographics that contribute to its vibrant community.
In terms of population size, Allison Park is considered a small to mid-sized community, with a population that typically ranges from around 20,000 to 25,000 residents. The population density tends to be lower compared to urban areas, reflecting the suburban character of the area.
Demographically, Allison Park is known for its relatively affluent population. The median household income in the area tends to be higher than the national average, reflecting a community with a strong middle to upper-middle-class presence. This economic stability often translates into well-maintained homes, quality schools, and access to a range of amenities and services.
In terms of age demographics, Allison Park has a fairly balanced distribution. While there is a significant presence of families with children, particularly given the area's reputation for excellent schools and family-friendly neighborhoods, there is also a noticeable portion of older adults and retirees who are drawn to the peaceful surroundings and amenities offered by the community.
Ethnically and racially, Allison Park is diverse, with residents hailing from various cultural backgrounds. While the majority of residents are White, there is also a growing presence of racial and ethnic minorities, including African American, Asian American, Hispanic, and others. This diversity adds to the richness of the community and contributes to its inclusive atmosphere.
In terms of education, Allison Park boasts a well-educated population, with a significant percentage of residents holding college degrees or higher. This emphasis on education is reflected in the area's strong commitment to providing quality schooling for its residents, as evidenced by the highly-rated Hampton Township School District.
Overall, the demographics of Allison Park paint a picture of a diverse and vibrant community characterized by economic stability, family-friendly neighborhoods, cultural diversity, and a commitment to education. These factors combine to make Allison Park a desirable place to live for individuals and families seeking a high quality of life in a suburban setting near Pittsburgh.
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