buying a home: Getting ready to buy a home - 04/11/18 11:14 AM
If you watch any of the home buying programs it all seems so easy and quick. Call a real estate agent and hey presto half an hour and three homes later you make an offer and it is accepted.
 
But the reality of buying a Tredyffrin Easttown, Main Line home is before you start looking at homes you need to do some leg work and educate your self to be ready.
So what do you need to do?
1. What is your Credit Score? 
Discover - first you need to find out what your credit score is, and then realize the number you find won't be … (10 comments)

buying a home: What Do Lenders Want to See in Bank Statements? - 03/21/18 08:02 AM
One of the biggest complaints I get from buyers is about their mortgage process. I try to paint the most dire picture so that it won't seem so bad when they go through it. But, what is actually the problem is not understanding the process and/or how it has changed over time. This post by John Meussner is a great explanation of one step of the mortgage process and why it is required.
Well worth a read if you are going to be applying for a mortgage soon so you are better prepared for the process and hopefully it will go more smoothly.
Once you … (4 comments)

buying a home: Choosing Your Loan Officer: Don't Short-Change Yourself - 03/07/18 02:26 PM
Love this post from Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi on selecting a loan officer when getting your mortgage. This is most likely your largest purchase you will make, don't just think some online website is going to give you the best service. You need to do some research and make a selection before you ever start looking for homes so you have time to make an informed decision.
Read for yourself, in the same way selecting an agent to work with is also important for many of the same reasons.
 
 
Choosing Your Loan Officer:
Don't Short-Change Yourself
 

The … (8 comments)

buying a home: Is it good enough? - 02/15/18 09:23 AM
First impressions count, this is true especially when marketing your Tredyffrin Easttown home for sale. But more than this is also the need for exposure not just in numbers but in reaching the right audience. Today, many of the buyers are looking for video, not slide shows of homes.
When I first began to venture into using video and being bold enough to step out from behind the camera to in front I was very critical. Critical of myself, my ums and errs, stumbles etc. Much of what I read online encouraged you to press on, to not wait to be perfect, … (24 comments)

buying a home: Don't hire a full time agent who only works part time! - 02/13/18 11:52 AM
When selling your Tredyffrin Easttown or Main Line home, there are lots of mistakes you can make from pricing your home too high, not preparing it correctly for sale or making showings complicated or difficult.
But one you may slip into without realizing it is hiring a full time agent who only works part time. Lots of agents today have started not working weekends, so if a buyer agent wants to present you with an offer it has to wait till Monday and maybe by then the buyer has had second thoughts. Don't you want to get that offer on Saturday afternoon or … (26 comments)

buying a home: Just another thing to love about Berwyn! - 01/26/18 02:52 PM
Every day I drive through Berwyn I love to see our Veterans' Monument. I love that it is right in the heart of the community so we never forget those who paid the price for our freedom.
I also love the design, the flag hangs from an arch which replicates the front of a Conestoga Wagon, many of which passed through the township in years past, and yet it has a very futuristic feel as well. So, in one design there is a nod to the past and a look to the future. Hopefully we will reach a time when no more … (6 comments)

buying a home: Another 5 star review for Nick Vandekar - 01/18/18 12:53 PM
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buying a home: 6 things to consider when choosing your buyer agent - 01/12/18 10:45 AM
2018 is the year you are going to buy a home.
You are looking on line finding homes, visiting open houses, you have your mortgage lined up, everything is looking good.
Except you haven't chosen your buyer agent yet?
Here are six things you need to consider when you interview different agents or consider when meeting an agent who might be your buyer agent.
1) Do we get on or is this person going to annoy me?
2) Do I trust this person?
3) Does this person have experience?
4) Is this person interested in helping me?
5) Who is this agent working for?
6) Most states have a … (16 comments)

buying a home: Have Student Loans? Think you Can't Buy a Home? WRONG! - 08/17/17 02:47 PM
Getting good information on mortgages is so important in today's market. Not all lenders are the same and having the right information is essential. Sometimes, to make sure you can acheive your goals. It may mean you have to wait or adjust the plan initially, but at least it allows you to plan.
This is an excellent post by Gene Mundt about student loans and how you can get a mortgage and what you are going to need to obtain one to buy a home.
If you need help in the Tredyffrin Easttown and surrounding Main Line area contact Nick Vandekar, Tredyffrin Easttown Realtor … (4 comments)

buying a home: Do you know when you need a survey? - 06/22/17 09:13 AM
Tredyffrin Easttown Real Estate - Do you know when you need a survey?
Buying a home in Pennsylvania and in Tredyffrin Easttown School District does not require the buyer to obtain a survey. it is a choice unlike some other states around us.
However, there are circumstances whenyou should definitely have a survey carried out. Check out our video for advice:
When you should have a survey:
If there are any disputes over property lines Building a pool Erecting a shed Planning to extend the house after purchase Erecting a fence If the amount of property you own is important to you Knowing your … (46 comments)

buying a home: With Golf and Mortgages: It's Important to Know the Rules - 05/10/17 06:26 AM
Today's mortgage playing field is very different than it was when you possibly bought your current home. Today the rules have changed and it is vitally important for Tredyffrin Easttown buyers to understand the NEW rules or else there is a high probability it is going to cost you money. This excellent article by Gene Mundt removes lots of the misconceptions and brings you up to speed on today's rules.
If you have questions or need help because rules change all the time contact Nick Vandekar, Tredyffrin Easttown Realtor, with Long & Foster Real Estate Inc., Nick@VandekarTeam.com, office 610-225-7400, cell or text 610-203-4543.
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buying a home: Fannie Mae Simplifies Guidelines for Student Loan Debt - 05/02/17 01:44 PM
Several years ago I had a rental listing for a client. As I was showing the apartment to a young man I asked, "Why are you renting and not buying?" His answer I have a lot of student debt and don't think I can qualify for a mortgage.
Well after a short conversation with a mortgage provider we knew, he changed direction and ended up buying a three bedroom home and becoming a home owner rather than paying someone else's mortgage for them.
I did also rent the apartment and fulfilled my duties to my landlord as well. Not everyone will qualify to buy … (4 comments)

buying a home: Tredyffrin Easttown Real Estate - What is a contingency? - 03/16/17 10:26 AM
Tredyffrin Easttown Real Estate - What is a contingency?
So you are either writing an offer or receiving an offer and your agent wants to talk about the contingencies in the agreement. But what is a contingency? Nick Vandekar, Tredyffrin Easttown Realtor answers that question in this video below.
 
A contingency can be of varying lengths. The mortgage contingency lasts right up to settlement, although a commitment may be delivered ahead of settlement. If the buyer, or one of the buyers loses their job the contingency allows them to get out of the agreement. Other contingencies such as home inspections, including the home, Radon, Wood destroying … (4 comments)

buying a home: Tredyffrin Easttown Real Estate - FAQ Why do I need a pre-approval? - 02/23/17 09:18 AM
In this series we are answering frequently posed Tredyffrin Easttown real estate questions.
We get many inquiries to show homes and buyers often balk when we ask them if they are pre-approved for a mortgage and if so how much. This video answers this question. Let me know if you have a real estate question, you can email me a t Nick@VandekarTeam.com. In the meantime subscribe to our blog and to our channel on YouTube so you don't miss any of this series.
 
Points from the video:
Put your self in the sellers shoes, you are asking them to vacate their home, often … (14 comments)

buying a home: Tredyffrin Easttown - Another reason for living here - 02/21/17 12:36 PM
Tredyffrin Easttown - Another reason for living here
There are multiple studies on how exposure to languages at a young age helps child development and the learning of multiple languages as children age. The more natural the teaching method the better. Today, I interviewed Helena Malarkey, the Founder and Program Director of LingoLearning. Helena is part of our local Berwyn Devon Business Association and has lived in the school district for about eight years.
LingoLearning, Foreign Language for Everyone. Making learning languages fun at any age.
LingoTots a program for pre-schoolers
LingoKids classes are offered as an after or pre-school program at local elementary schools
LingoTeens … (14 comments)

buying a home: Tredyffrin Easttown Single Family Home Market Report January 2017 - 02/17/17 01:33 PM
Tredyffrin Easttown Real Estate - Single family homes January 2017
The Tredyffrin Easttown Real estate market is strong and healthy.
There are currently 126 single family Tredyffrin Easttown homes for sale. 12 of these homes for sale are under contract. Prices range from $215,000 for a 3 bed 1 bath home to $8,000,000 for a 9 bed 7 full baths and 2 half bath home. So you can see there is a large difference in the types and price of homes available.
 
There are 29 homes Pending and 15 homes Settled during January ranging in price from $329,000 - $1,400,000. Of the homes which … (2 comments)

buying a home: Tredyffrin Easttown FAQ Real Estate - what do you charge? - 02/10/17 09:17 AM
Tredyffrin Easttown Frequently Asked Real Estate Questions - What do you charge?
Tredyffrin Easttown Realtor Nick Vandekar answers the questions what do you charge, covering it from both a seller and a buyers perspective. 
 
Sellers- Commission is spelt out in the listing agreement and covers how the commission is split between the listing broker and buyer broker.  Why you need your own buyers agent and how approaching the listing agent will not save you money as the commission is set in the listing agreement before the home is listed for sale. Buyers - Commission is paid by the seller, as explained above … (3 comments)

buying a home: Frequently asked real estate questions - how long does it take? - 01/26/17 01:16 PM
Frequently asked real estate questions - How long does it take from offer to settlement?
In Tredyffrin Easttown we often get asked by buyers how long the real estate process is for buying a home. Obviously, it depends, a buyer needs to find the right home. But Nick Vandekar, a Tredyffrin Township resident and Main Line Realtor can answer how long it takes once an agreement is accepted to settlement.
Generally, if the buyer is using a mortgage, the time is 45-60 days. Most mortgage firms since TRID implementation in the Tredyffrin Easttown area require a minimum of 45 days. This allows for appraisals, the … (9 comments)

buying a home: Why you should interview more than one agent! - 11/01/16 07:46 AM
Why you should interview more than one agent!

Research shows a high percentage of consumers use the first agent they meet. This can be bad for all sorts of reasons, but essentially as a consumer you do not have any idea how good or bad this agent is, to act either as your listing agent or your buyers agent.
What makes a good agent and will the agent be good for both buying and selling?
Rather than work with the first agent you meet, even if they are referred to you, you need to interview a number of agents and consider what you are hiring them … (3 comments)

buying a home: What is the role of the buyer's agent today? - 07/11/16 12:15 AM
What is the role of the buyer's agent today? Do you need a buyer's agent?
In today's market is there a need for a buyer's agent? With access to the internet on every device you have what does the buyer's agent bring to the table? What is the role of the buyer's agent today?
The role of the real estate agent is changing and has changed over the last few years. Statistics show that buyers are searching for their new homes online in ever increasing numbers on more and more devices. The smart phone has pushed desktops and even laptops out the way. So why … (1 comments)

 
Nick & Trudy Vandekar, 610-203-4543, Tredyffrin Easttown Realtors, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) Rainmaker large

Nick & Trudy Vandekar, 610-203-4543

Tredyffrin Easttown Realtors, Philly Main Line

Devon, PA

More about me…

Long & Foster Real Estate Inc 610-225-7400

Address: 92 Lancaster Avenue, Devon, PA, 19333

Office: (610) 225-7400

Mobile: (610) 203-4543

Email Me

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