main line real estate: Can you just tell me the truth, and why is Fannie Mae listing with... - 05/31/12 07:16 AM
Yesterday was a frustrating day for me and for my buyer. My buyer had identified a home to purchase, we have been back twice, second time with a contractor as this is a Fannie Mae property. The agent sends automated feedback requests, and I have asked please let me know if you have any other offers.
I call yesterday to let them know I am going to be submitting an offer. First the phone number in the MLS goes into a message saying big company name relocation department, we will be closed for the Memorial Day Holiday and we will re-open … (1 comments)
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main line real estate: A rose in Berwyn, PA - 05/24/12 02:39 PM
We got this rose as a gift, it was in a small pot intended to be displayed inside. Well like all good gardeners, Trudy decided it needed the great outdoors. We have done nothing to coddle it, it had to styand on its own, and this morning it just looked glorious.
… (0 comments)
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main line real estate: First time buyers find success with a VA loan in Exton Station - 05/21/12 02:12 PM
First time buyers Jason and Dana outside their new home they purchased and settled on this last Friday in Exton Station. Jason a Navy Veteran used a VA loan, provided through Prosperity Mortgage to purchase the home. VA loans have many benefits for buyers who qualify, allowing them to obtain a 100% loan, with no mortgage insurance premiums, and if the Veteran has any disability rating even as low as 10% the funding fee can be waived which is a significant saving. It also allows some seller assistance as well which can be helpful for young buyers purchasing their first … (2 comments)
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main line real estate: Easttown Township new construction opportunity - 05/15/12 10:24 AM
Today, there are fifty five homes on the market available for purchase in the award winning Tredyffrin Easttown School district, rated as having the 3rd best high school, Conestoga in the state, that are priced over $1,000,000. These are all luxury homes, with the majority of the highest priced homes being in Easttown.
Easttown has always been considered the more expensive of the two townships, but there are locations in Tredyffrin that command multi-million dollar prices, such as lots on Valley Forge Mountain and close to Valley Forge National Park.
However, as mentioned above, Easttown Township has generally been considered the … (0 comments)
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main line real estate: Interesting historic home currently for sale in Tredyffrin Township - 05/14/12 02:12 PM
Today, there are fifty five homes on the market available for purchase in the award winning Tredyffrin Easttown School district, rated as having the 3rd best high school, Conestoga in the state, that are priced over $1,000,000. These are all luxury homes, with the majority of the highest priced homes being in Easttown.
Easttown has always been considered the more expensive of the two townships, but there are locations in Tredyffrin that command multi-million dollar prices, such as lots on Valley Forge Mountain and close to Valley Forge National Park.
This home in Tredyffrin is of more interest, and I think … (2 comments)
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main line real estate: Curb appeal that elusive quality - 05/11/12 12:04 PM
It is said it takes people about ten seconds to size up another person and decide if they will like and or trust them. Often when out with buyers, it can seem they make a quicker decision than that about a home you take them to see.
Walking through my own neighborhood, with many homes built at the same time and being a similar model, one home can be appealing another not so much. If you ask me what it is about a certain property that attracts or repels I can probably tell you some specific things, but many times it … (0 comments)
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main line real estate: Home! - 05/04/12 08:05 AM
I was thinking about my mother this week who died just about two years ago. You know how thoughts go, you start in one place and end up in another. Last year we visited England and my home town. there is that word, HOME. It got me thinking about what home means to me.
Firstly, following the deaths of my sister a few years before my mother, and my mom, my home town did not feel like home. My brother lives like I do in America. It really surpirised me to think about this feeling this week that the town … (3 comments)
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main line real estate: Sunday - National Open House Weekend - Chester County, PA - 04/23/12 08:52 AM
This weekend coming is National Open House weekend and we have two homes on Sunday 4/29 that will be featured. Both will be open from 2-4 PM
121 Tudor Court, Malvern, PA 19355 - Great Valley Schools
and
528 Foxwood Lane, Paoli, PA 19301 - Tredyffrin Easttown Schools
Both are town homes available for sale with quick settlements available on both.
… (0 comments)
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main line real estate: To offer or not to offer that is the question? - 04/18/12 12:47 PM
Buyers are out in force, new listings are coming on every day this Spring along the Main Line and when a buyer finds a home that meets their list of requirements the next question is "To offer or not to offer". Some buyers don't want to compete with others feeling it will encourage them to pay too much. Some don't want to offer because it is the first home they have seen. Some want to just wait, in case they reduce the price.
Several times in the last few weeks I have heard of properties that have received multiple offers, … (0 comments)
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main line real estate: 528 Foxwood Lane, Paoli, PA 19301 for sale - 04/13/12 11:26 AM
528 Foxwood Lane in Paoli, a large end unit town home in the Foxwood development. Tredyffrin Easttown School District, Easttown Township. Open Sunday April 15 2-4 pm. three beds with a loft that could be a fourth bedroom or a home office. Main floor with a den, living room, kitchen and dining room, slider to deck, basement with walk out slider to private patio area. close to shops and Paoli train station with trains to Philly and direct to New York.
… (0 comments)
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main line real estate: Multiple offers? Yes. Full price? No! It is not always about price. - 04/05/12 06:49 AM
In the last week along the Main Line I have made an offer on a home for a client, and visited two other listings where I learned that each had multiple offers. These were different townships and different price points. Buyers are out and active. But, what I am noticing from homes that are settling is that buyers are not offering full price, even where multiple offers are happening.
Sellers have definitely got a better handle for the market and are pricing their homes accordingly, but buyers are very wary still of making full price offers and are holding firm on price … (2 comments)
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main line real estate: New listing in Charlestown Oaks, Malvern PA - 04/04/12 11:52 AM
Another great listing you can view right here with a YouTube video. Charlestown Oaks is one of the better town home developments in our area, built by Iacobucci Builders it sits a little out of the way, but only minutes from shops, transportation and plenty of restaurants. Homes in this development are always desirable, but this one with a cul de sac location and two car garage, with plenty of other upgrades, two fireplaces, granite counters and upgraded cabinets and a princess balcony over the family room. Check it out, and if you want to stop by this Sunday, yes April … (0 comments)
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main line real estate: What do you do when you see one of THOSE bathrooms? - 04/03/12 08:18 AM
What do you do when you see one of THOSE bathrooms along the Main Line? You know the ones, they date from the 50's and 60's, they are well tiled, but the colors? What were they thinking? Even if you choose a retro look, most people want black and white, not grey and pink, or yellow and turquoise, or pink and turquoise. There are other combinations as well, some work better than others, what horrendous color choices have you seen? They can be so embarrasing that you just don't want people to even use them if they come over.
Some color … (0 comments)
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main line real estate: Have you discovered Houzz.com? - 03/26/12 12:41 PM
I know, I know another website on which to waste time, but this is so related to our business, homes. If you get a moment check out Houzz.com, it feels in a small way like Pinterest, but is all about houses and homes. Photos posted are all house related and you can form an ideabook that contains the photos you like and that speak to you and why.
I have been using both Pinterest and Houzz recently, actually posting things from Houzz on my Pinterest boards and then realized it was just easier to start my own ideabook on Houzz.com.
And … (5 comments)
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main line real estate: Are you thinking of living on the Main Line, PA? - 03/24/12 08:34 AM
Are you thinking of living on The Main Line? I wrote this blog as a guest writer for Dale Siegel on her blog Diaries of a mad mortgage broker
Devon is part of the Main Line to the west and north of the city of Philadelphia. Perfectly located with easy access to many major road and train routes, both north and south, and east and west with a well developed International airport it has become home to many National and International Corporations.
Before the 1600’s Lenni Lenape Indians called this area their home. In the 1600s William Penn sold land to … (0 comments)
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main line real estate: Why owners and tenants love Old Forge Crossing in Devon. - 03/20/12 12:52 PM
Old Forge Crossing in Devon a condominium development of one bedroom, one bedroom and a den, two bedroom and some two bedroom townhomes is a highly desirable place to live. Located on forty plus acres it has some wonderful views, an active social community and is also located in Tredyffrin Township, part of Tredyffrin Easttown School District. I just listed a one bedroom home in here for rent and was there yesterday enjoying the beautiful weather and took some photos around the reflection pond. Hope you enjoy these as much as I did taking them of some of the hidden spots … (1 comments)
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main line real estate: This is the view you will have at 437 Old Forge Crossing - if you rent it. - 03/19/12 02:46 PM
Probably one of the best views in the development, this one bedroom condo has just become available for rent at $1050 per month. One of the larger floorplans for one bedroom units at 1025 square feet, this end unit on the second floor overlooks the reflection pond and has recently had all the windows and heater and a/c updated providing low cost utilities for the new tenant.
The kitchen is a good size with a breakfast bar leading to an open plan layout that allows easy movement between living room, dining area and kitchen. Every unit here has its own … (2 comments)
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main line real estate: Why selling is not always the best option. - 03/19/12 02:34 PM
It may seem obvious but selling a Main Line home and buying a new one, larger or smaller costs money.
Selling your Main Line home the costs include the commission which is negotiable but probably your largest individual item, this is divided between both the listing broker and the broker representing the buyer. Fees for obtaining certificates of tax bills, sewer bills etc having been paid, a notary fee for the closing officer, transfer tax as charged by the county and the municipality and any use and occupancy certificate fee. These most likely will run about 6-8%.
As a buyer … (2 comments)
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main line real estate: Your home can be a major part of your estate - 03/15/12 05:54 PM
People often don't realize that their home can be a major part of their estate and they need to consider what will happen if and when they die to that part of their estate. Our local business association the Devon Berwyn Business and Professional Association had a very interesting presentation this week from Dennis McAndrews of McAndrews Law Offices. Dennis hit the top ten issues in Estate Planning, Estate Administration and Special Needs Trusts.
As dry as this could be it definitely was not and I found lots of useful information was given by Dennis. If you are moving to … (2 comments)
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main line real estate: 10 Tips for choosing the right agent to list your home for sale. - 03/09/12 10:17 AM
A home for many people is their biggest investment or potential investment. So choosing the right person to list your home for sale is important. Where ever you are things have changed, especially with Main Line Philadelphia Real Estate. Here are 10 tips to bear in mind as you select the right agent to not only list your home but to sell your home.
The size of the broker is irrelevant! Yes, it is shocking but true. The internet has leveled the field not just for retail, travel and other industries but also in real estate. An agent from a … (1 comments)
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