Main Line Homes Philadelphia Real Estate Blog

You’ll find my real estate blog to be a wealth of information, covering real estate Market Trends and real estate news, financial articles, numerous guidance articles on buying a home, selling a home, financing a home purchase, home loans, home maintenance, decorating, and design, among many others. The articles are valuable to both first-time home buyers and sellers, as well as to experienced home buyers and sellers. Please reach out if you have any questions at all. The articles in this blog contain a wealth of valuable insights and information. Enjoy! I love helping my clients find their dream home and preparing their home for sale. I'd love to talk with you!

Janis

Janis Peterson, Realtor®, GRI, ABR, SRES, CSP
Main Line Homes Luxury Real Estate Agent
Keller Williams Main Line
Suburban Square
6 Coulter Ave.
Ardmore, PA 19003
Tel Direct: (610) 642-3744
e-mail: janis@mainlinehomes.com

Oct. 5, 2024

6 High Schools in Main Line, PA That Add to the Joys of Community Living

Choosing the right high school for your child is a big decision. It’s about finding a place where your child can grow and prepare for their future. If you plan on moving to Main Line, PA, you can be assured of some great schools to choose from. These schools offer a mix of strong academic programs, vibrant arts and sports, and engaging extracurricular activities. This vital immersion ensures children get the much-needed nurturing environment that will keep them grounded and excel in life.

Let us explore some of the best high schools in Main Line region. We will also look at what makes each of these schools unique.

1. Haverford High School

Haverford High School is located in Havertown, PA. It is quite well-known for its strong academics. It’s a great choice if you want your child to get the atmosphere of a public-school setting. The school offers a wide range of Advanced Placement (AP) courses. These courses will help your child to go deeper into different subjects. These subjects could be Calculus, Biology, or Art History.

But one thing that you must know is that Haverford High more than just academics. In this school there are over 50 extracurricular activities from among which your children can choose those which fits perfectly to their interests.

For instance, your child can join the debate team, play in the orchestra, or compete in the robotics club. If they are into sports, then also they will find good opportunities in football, soccer, and lacrosse. One of the other standout features of Haverford High School is the Career and Technical Education (CTE) program. This program offers hands-on experience in fields like engineering and business. It is quite perfect for any student who wants to gain hands-on experience in the skills of the world.

Whether your child is college-bound or career-focused, Haverford High will provide the tools that they might need to succeed in their goals.

2. The Shipley School

The Shipley School is located in Bryn Mawr, PA. It offers a private education for pre-K–12th grade. With the small class sizes in this school your child will be able to get the best kind of attention with their teachers. These teachers work very closely with students that ultimately help them to tailor each and every lesson as per the needs and expectations of your child. Just know this, if your child thrives in a supportive setting then there is no option that could be better than The Shipley.

Beyond academics, there are also many positive features with this school. Shipley emphasizes character and community development spirit to be built into students. In lieu of this, the students here participate in service projects that can teach them empathy and leadership of the highest forms.

Ultimately in this school your child will learn to make a positive impact for their individual communities and then even on a global level. Then whether it is about volunteering locally or taking part in global service trips, your child will get the best of that there is.

3. Friends' Central School

Friends’ Central School is located in Wynnewood, PA. This school serves students in Nursery though grade 12. It offers a unique system of Quaker-based education. This education then blends very seamlessly with strong academics and high values. This school is quite a great fit if you want your child to learn some good ethics along with their academic education.

You will be curious to know that Friends’ Central also offers a range of Advanced Placement and Honors courses. The English and Humanities programs stand out then the rest. This program focuses on writing, analysis, and thoughtful discussion among children. Yet you will be thrilled to know that their science program is equally impressive. Within this program your child will get well-equipped laboratories and quite good number of opportunities to try hands-on research in scientific fields.

4. The Haverford School

The Haverford School is an all-boys private school that is located in Haverford. It serves pre-kindergarten-12th grade. This school emphasizes leadership, character, and academic excellence to be developed among children. It is particularly tailored to the learning styles and behaviors of boys. Due to this an environment is developed in which boys can learn best skills for their brighter future.

On an academic level this school offers challenging Honors and Advanced Placement courses. Haverford’s arts program is a highlight among the many. This program offers best type of learning for music and theatre skills to be developed into your children. Your son can then find himself to be performing in a school play. Alternatively, he may also end up crafting art pieces for a gallery show.

Further, sports are a major focus at Haverford. This school has state championships in lacrosse, squash, and crew. Plus, there is the Character & Leadership program. With this program your boy can develop the best level of integrity and responsibility within himself.

5. Merion Mercy Academy

Merion Mercy Academy is an all-girls Catholic school located in Merion, PA. This school serves grades 9 through 12. It is quite well-known for combining academic excellence with a strong sense of community. Located near Haverford, it’s ideal if you want your daughter to grow in a faith-based environment. The school emphasizes both intellectual and spiritual development.

Additionally, Merion Mercy offers a robust STEM program. The courses in this program challenge the students in fields of science, technology, engineering, and math. Your daughter will have the chance to engage in projects that connect classroom learning with real-world applications.

Leadership is a key part of the Merion Mercy experience. Through student government, peer mentoring, and public speaking opportunities, your daughter will build high-levels of confidence in her. The school’s focus on service also teaches the importance of giving back to the community.

6. Jack M. Barrack Hebrew Academy (formerly Akiba Hebrew Academy)

Jack M. Barrack Hebrew Academy (formerly Akiba Hebrew Academy) is a pluralistic coeducational college-preparatory Jewish Day School, located in Bryn Mawr, PA. It serves grades 6 through 12. Founded in 1946 as Akiba Hebrew Academy in Center City of Philadelphia, the school was the nation's first pluralistic Jewish secondary day school. The school renamed itself in 2007 and moved to Bryn Mawr in 2008. The campus sits on 35 acres of the former American College in Radnor Township, PA. It prides itself on teaching students to become critical thinkers and problem solvers by integrating a comprehensive and rigorous college preparatory curriculum with the teaching of essential Jewish and American values and texts. The school opened an advanced STEM research center teaching laboratory in 2015, with advanced equipment. Notable alumni of Barrack include David Agus, MD, physician and New York Times bestselling author, Daniel Singer Bricklin, developer of the first spreadsheet program, Josh Shapiro, current governor of the State of Pennsylvania, and Jake Tapper, Anchor of CNN weekday television news show, among others.

We will feature more Main Line high schools in Part 2 of this series.

Janis Peterson, REALTOR®, GRI, ABR, SRES, CSP
Main Line Homes
Specializing in Montgomery, Delaware, and Chester County, PA homes and real estate

 

Keller Williams Main Line
Suburban Square
6 Coulter Ave 
Ardmore, PA 19003 
Direct: 
(610) 642-3744
www.mainlinehomes.com
Janis@mainlinehomes.com

Sept. 4, 2024

5 Things to Address Before Putting Your House Up for Sale

Selling a house is a big decision. There are several steps involved in listing your house for sale. For the process to go smoothly, proper planning is necessary. Making use of a checklist will help you maintain organization. This will guide you through the necessary steps to successfully finding a buyer and making a sale.

What are some things you should do before listing your home for sale? In this blog we will cover important considerations and guidelines by expert real estate agents in Delaware County that will increase your chances of closing a deal.

Assess the Condition of Your Home

Begin by assessing the state of your house. Go through each room and make a list of any necessary repairs. Search for issues such as dripping faucets, chipping paint, or damaged fixtures. Resolve these problems prior to putting the house on the market. Buyers will be able to observe them. Therefore, it is crucial to address them initially. Concentrate on the most apparent issues that may discourage prospective purchasers.

 Afterward, inspect the outside of your house. Inspect the roof, gutters, and siding. Ensure that they are in good condition. If any problems arise, try to address them. Buyers see the exterior first, so it needs to appear attractive. This may enhance the likelihood of making a fast sale.

 Finally, schedule a professional home inspection. This will assist you in identifying any problems that you might have missed. It will also provide you with a clear picture of what buyers should find out when they do inspections. This assists in preventing unexpected occurrences further along in the procedure.

Declutter and Clean Thoroughly

Start by eliminating any unnecessary items in every room. Messiness can give the impression of reduced size and decreased attractiveness in a space. Make sure countertops, shelves, and floors are free from any clutter. Keep personal belongings, such as family photographs, in storage. This assists purchasers in imagining themselves living in the residence.

Concentrate on thorough cleaning. Clean all surfaces, such as ceiling fans and light fixtures, by dusting them. Make sure to clean the windows in order to allow more light to come in. Clean carpets with a vacuum and sanitize hard floors with a mop. Give particular focus to the kitchen and bathrooms. These regions must be completely clean.

Think about employing a professional cleaning company. They can guarantee that every part of your house is tidy. Having a tidy home leaves a positive impact on potential buyers. It can also result in faster offers 

Last but not least, analyze how your furniture is arranged. Reorganize or eliminate components to generate additional room. This creates the illusion of larger rooms. It also enables potential buyers to navigate freely throughout the home during viewings.

Stage Your Home for Showings

Begin by making the décor more neutral. Use neutral colors such as beige or light gray to paint the walls. Take away any bold or personal decorations or ornaments. This allows shoppers to concentrate on the area, not your individual preferences.

Then, establish a friendly entrance. Buyers see the front door and entryway first. Make sure the door is both clean and in good shape. To increase the welcoming feel, incorporate a fresh doormat and a few potted plants. 

Organize the furniture in a way that showcases the room's most appealing characteristics. For instance, arrange sofas to directly face either a fireplace or a big window. This brings focus to those components. Simplify the design to prevent overcrowding in the area. 

Finally, make sure that each room serves a distinct function. If you have an extra room, set it up as either a home office or a guest bedroom. This assists purchasers in recognizing the possibilities within each area. 

Price Your Home Competitively

Begin by examining the real estate market in the area. Examine recent sales of comparable properties in your vicinity. This will provide you with an understanding of the prices buyers are willing to offer. Utilize this data to establish a competitive price.

Think about getting a professional evaluation. A home appraiser will assess the value of your property, considering its condition, location, and various other factors. This gives a fair price estimate, so you can prevent setting a price too high.

Steer clear of establishing a price relying on feelings. Feeling connected to your home is normal, but asking for too much money can drive potential buyers away. Base your home price on the market data and appraisal findings.

Finally, be ready to modify the price if needed. If no offers come in for your home after a couple of weeks, think about reducing the price. Lowering the price can draw in more purchasers and result in a faster transaction.

Work with a Real Estate Agent

Begin by conducting research on nearby real estate agents. Search for individuals who have expertise in your field. Seek advice from friends or relatives who have recently sold their homes. Conduct interviews with multiple agents before finalizing a choice.

Afterward, talk about your objectives and anticipations with the agent. Please provide us with the schedule and budget you have in mind. A competent agent will offer guidance on pricing and marketing tactics.

Evaluate the agent's advertising strategy. Inquire about their advertising strategy for promoting your home. This could involve internet postings, property viewings, and online platforms. An effective marketing strategy enhances the exposure of your property to potential purchasers.

In the end, have faith in your agent's knowledge. They possess knowledge in navigating the real estate market. They are able to assist with negotiating offers and addressing any issues that come up during the sale process.

Final Thoughts

When preparing to sell your home, there are a number of crucial actions you should take. Start by assessing the condition of your home. After that, arrange and tidy up completely. Next, get your house ready for visitors. Set a competitive price for your house. Lastly, have a real estate agent handle everything along the process.

At Main Line Homes, our real estate work 24x7 to help people sell and buy new properties. You should connect with us, let us make your home ready for putting on the market, and let us get the quote you are looking for. We are known for having the best real estate agents in Delaware County, Montgomery County, Chester County, PA and more.

Janis Peterson, REALTOR®, GRI, ABR, SRES, CSP
Main Line Homes
Specializing in Montgomery, Delaware, and Chester County, PA homes and real estate

Keller Williams Main Line
Suburban Square
6 Coulter Ave 
Ardmore, PA 19003 
Direct:
(610) 642-3744
www.mainlinehomes.com
Janis@mainlinehomes.com

Aug. 9, 2024

How a Real Estate Agent Can Help You Buy Houses for Sale in Haverford

Haverford, PA, located in the heart of the Main Line, is a charming suburban community known for its historic homes, excellent schools, and close-knit community feel. Whether you're a first-time homebuyer or looking to upgrade, buying a house for sale in Haverford, PA, can be a rewarding investment. Navigating the real estate market, however, can be complex, and enlisting the help of a real estate agent can make the process smoother and more efficient. 

Here's how a real estate agent can assist you buy houses for sale Haverford, PA.

Understanding the Haverford Market

·         Haverford's real estate market offers a mix of historic estates, modern homes, and townhouses, catering to a variety of tastes and budgets. The area is known for its high property values and competitive market, making it essential to have a knowledgeable real estate agent who understands local market trends and can provide valuable insights.

·         A real estate agent familiar with Haverford has in-depth knowledge of the neighborhoods, school districts, and amenities. They can help you identify which areas best fit your lifestyle and budget, ensuring you make an informed decision.

Access to Listings and Market Insights

·         One of the primary benefits of working with a real estate agent is gaining access to exclusive listings and market insights. Agents have access to Multiple Listing Services (MLS), which provide comprehensive data on available properties, including those yet to be listed publicly. 

·         Moreover, agents often have connections with other real estate professionals and can leverage their network to find properties that match your criteria. This can include off-market listings that you might not find on your own.

Expert Negotiation Skills

·         Negotiating the purchase price of a home can be daunting, especially in a competitive market. A seasoned real estate agent will represent your interests and negotiate on your behalf to secure the best possible deal. 

·         Agents also have insights into the true market value of homes, helping you avoid overpaying. They can provide comparative market analyses (CMAs) to determine fair pricing based on recent sales of similar properties in the area.

Streamlining the Buying Process

The process of buying a home involves numerous steps, from securing financing and making an offer to conducting inspections and closing the deal. A real estate agent can guide you through each stage, ensuring you understand and complete all necessary paperwork correctly and on time.

Here's how an agent can streamline the buying process:

·         Financing Assistance: Agents can recommend reputable mortgage brokers and lenders to help you secure pre-approval and favorable loan terms.

·         Property Showings: They will schedule and coordinate property showings, saving you time and ensuring you see houses for sale in Haverford, PA, that meet your criteria.

·         Inspection Coordination: Agents can arrange home inspections and help you understand the results, advising on necessary repairs or negotiating credits with the seller.

·         Closing Assistance: They will guide you through the closing process, including reviewing contracts and ensuring all conditions of the sale are met.

Personalized Service and Support

Buying houses for sale in Haverford, PA, is a significant emotional and financial investment. A good real estate agent provides personalized service and support, addressing your concerns and answering your questions throughout the process. 

Local Expertise

Haverford's community and lifestyle are unique, and a local real estate agent brings valuable expertise that can make a difference in your home-buying experience. They can inform you about local events, amenities, and future developments that might impact your decision. 

Briefly Put

Buying a house for sale in Haverford, PA, is an exciting venture, but it comes with its challenges. Enlisting the help of a knowledgeable real estate agent can make the process more manageable and increase your chances of finding the perfect home.

About Main Line Homes

At mainlinehomes.com, we love working with home buyers and home sellers! Janis Peterson has been helping Main Line Buyers and Sellers since 1994 and can help guide you through all the steps of buying or selling your home. If you are thinking of listing your Main Line home for sale in Montgomery, Delaware, or Chester County, PA, Contact Janis at Tel: 610-642-3744 or e-mail her at janis@mainlinehomes.com, and she will provide you with a free home valuation, a comparative market analysis (CMA) of your home, and help you create a winning strategy to sell your home! We use all the latest technologies to market and to achieve the best outcome for your home sale!

Janis Peterson, REALTOR®, GRI, ABR, SRES, CSP
Main Line Homes
Specializing in Montgomery, Delaware, and Chester County, PA homes and real estate

Keller Williams Main Line
Suburban Square
6 Coulter Ave 
Ardmore, PA 19003 
Direct: (610) 642-3744
www.mainlinehomes.com
Janis@mainlinehomes.com

#mainlinehomes #RealEstate #Realtor #BuyHome #homebuying #homebuyers #1stimehomebuyer #homeselling #homesellers

July 18, 2024

Moving to Bala Cynwyd, PA? Consider These 6 Points First


So, are you thinking about moving to Bala Cynwyd, PA?

Why wouldn’t you? It’s a lovely place with so much to offer in one single package.

But before making the big move, it’s important to understand various aspects about this place.

This blog contains valuable information on points to consider before deciding to opt for homes for sale in Bala Cynwyd.

1. The Community Vibe


To begin with, Bala Cynwyd has that special vibe. Imagine walking down the street and everyone greeting and smiling at you. All your neighbors know each other by names.

It’s the kind of place where people stop to chat with one another. Talks about the weather and the last ballgame are a common occurrence. You can borrow a cup of sugar and end up staying for coffee. There’s a real sense of belonging here.

To conclude this point, if you love a friendly, close-knit community, then you should without any doubt go for homes for sale in Bala Cynwyd.

2. Schools and Education


Do you have kids, or planning for the future? You would be happy to know that the quality of schools here won’t let you down. They truly are fantastic!

Your kids will have access to top-class education from the public schools in the region. If you prefer private schools, then there are a number of faith-based schools that offer education at par or better than public schools. Bala Cynwyd offers a diverse range of educational opportunities and extra-curricular activities that ensure overall nurture and quality upbringing for children.

3. Proximity to Philadelphia


One of the best things about living in Bala Cynwyd is its proximity to downtown Philadelphia. If you fancy a night out, or need to catch a train for work, the community is well connected by both train and road. Catching a train will see you arrive within city limits in less than 20 minutes.

At Bala Cynwyd you get to enjoy the quiet, peaceful suburban life all within close proximity to the city. It’s like having the best of both worlds. How amazing is that, right?

4. Parks and Recreation


If you love the outdoors, you will love Bala Cynwyd. Yes, it truly is! The parks here are beautiful. There are recreational clubs and other ways for you to enjoy. 

Imagine weekends filled with family picnics, kids running around, and scenic trails to explore.

The Cynwyd Heritage Trail is great for long peaceful walk or cycle rides. Bala Cynwyd Park is another gem with sports fields and playgrounds. It’s the perfect place to relax and enjoy nature.

5. Real Estate and Housing


However, before you move, you should take a look at the homes for sale in Bala Cynwyd. Here you will find homes to fit every need and every budget.

From charming pieces of history that offer bucket loads of character to modern, chic apartments – this place has got it all. The neighborhoods are picturesque and well-maintained.

Yes, the prices can be on the higher side, but the quality of life is worth every penny. Plus, property values here hold up well. Whether you’re buying or renting, you’ll definitely find a place that feels like home.

6. Local Amenities


Finally are the local amenities. Think about your everyday needs like food, groceries, household items, and more. Bala Cynwyd has it all. You will find grocery stores, supermarkets, and brewery shops at every corner of the community.

For all your medical emergencies, you will find hospitals with a range of specializations operating 24/7. Doctor’s clinics are also aplenty where dental and other routine appointments can be made with ease.

For individuals looking for outdoor dining options, Bala Cynwyd offers a range of continental and exotic restaurant options to keep your taste buds happy.

Everything you need is right here. So where are you?

How Main Line Homes Help You?


So are you searching for homes for sale in Bala Cynwyd?

Janis Peterson, CEO of Main Line Homes, provides exceptional service to buy or sell real estate in the Main Line Philadelphia suburbs and the surrounding communities. What makes us the best is our highly personalized service and singular focus on client satisfaction. We will provide you with the best possible experience throughout your real estate transaction.

Are you still thinking? Connect to us and let us Home Finder Request today!

About Main Line Homes

At mainlinehomes.com, we love working with home buyers and home sellers! Janis Peterson has been helping Main Line Buyers and Sellers since 1994 and can help guide you through all the steps of buying or selling your home. If you are thinking of listing your Main Line home for sale in Montgomery, Delaware, or Chester County, PA, Contact Janis at Tel: 610-642-3744 or e-mail her at janis@mainlinehomes.com, and she will provide you with a free home valuation, a comparative market analysis (CMA) of your home, and help you create a winning strategy to sell your home! We use all the latest technologies to market and to achieve the best outcome for your home sale!

Janis Peterson, REALTOR®, GRI, ABR, SRES, CSP
Main Line Homes
Specializing in Montgomery, Delaware, and Chester County, PA homes and real estate

Keller Williams Main Line
Suburban Square
6 Coulter Ave 
Ardmore, PA 19003 
Direct: (610) 642-3744
www.mainlinehomes.com
Janis@mainlinehomes.com

#mainlinehomes #RealEstate #Realtor #BuyHome #homebuying #homebuyers #1stimehomebuyer #homeselling #homesellers

Dec. 27, 2023

Philadelphia Main Line Golf Courses | Main Line Homes

Top Philadelphia Main Line Golf Courses Montgomery Delaware Chester County PA

The Philadelphia Main Line is a prestigious area located in the western suburbs of Philadelphia, Pennsylvania. Known for its affluent communities and historic mansions, the Main Line is also home to some of the best golf courses in the country. In this article, we will explore the top golf courses on the Philadelphia Main Line, and why they are a must-visit for any golf enthusiast.

Why the Philadelphia Main Line is a Golfer's Paradise

The Philadelphia Main Line is a golfer's paradise due to its beautiful landscape, rich history, and top-rated golf courses. The area is known for its rolling hills, lush greenery, and challenging terrain, making it the perfect setting for a round of golf. Additionally, the Main Line is home to some of the oldest and most prestigious golf clubs in the country, making it a must-visit destination for any golf enthusiast.

A Rich History of Golf

The Philadelphia Main Line has a rich history of golf, with some of the oldest golf clubs in the country located in the area. The Merion Golf Club, founded in 1896, is one of the most historic and prestigious golf clubs in the country. It has hosted numerous major championships, including the U.S. Open, and is known for its challenging East Course. Other notable historic golf clubs on the Main Line include the Aronimink Golf Club, founded in 1896, and the Philadelphia Country Club, founded in 1890.

Top-Rated Golf Courses

The Philadelphia Main Line is home to some of the top-rated golf courses in the country. These courses have been designed by some of the most renowned golf course architects and offer a challenging and enjoyable experience for golfers of all levels. The Main Line is also home to several private and public golf courses, providing a variety of options for golfers to choose from.

Top Golf Courses on the Philadelphia Main Line

Now, let's take a closer look at some of the top golf courses on the Philadelphia Main Line.

Merion Golf Club

The Merion Golf Club is a historic and prestigious golf club located in Ardmore, Pennsylvania, Haverford Township, Delaware County, PA. It is home to two 18-hole courses, the East Course and the West Course, both designed by renowned golf course architect Hugh Wilson. The East Course (par 70, 6,946 yards is known for its challenging terrain and has hosted numerous major championships, including the U.S. Open. The East Course has been consistently rated among the top 10 in the US and has hosted the US Open in the past. The West Course (par 70, 5,989 yards) is a more forgiving course, making it a popular choice for members and guests. Merion has held 18 US Golf Association *USGA) championship tournaments, more than any other course. Jack Nicklaus once said, "Acre for acre, [Merion] may be the best test of golf in the world."

Explore Ardmore PA Homes for Sale

Aronimink Golf Club

Founded in 1896, Aronimink Golf Club is a private, 18-hole course (par 70, 7,237 yards) located in Newtown Square, Pennsylvania, Newtown Township, Delaware County, PA. Designed by renowned golf course architect Donald Ross, this course has hosted numerous PGA and USGA events, including the 2018 BMW Championship. Aronimink is set to host the 2026 PGA Championship, which will coincide with the United States semiquincentennial celebration, and marks the 250th anniversary of America’s founding in 1776 in Philadelphia. With its rolling terrain, challenging bunkers, and fast greens, Aronimink is a must-play for any golfer in the Philadelphia area.

Explore Newtown Square PA Homes for Sale

Philadelphia Country Club

Founded in 1890, Philadelphia Country Club is a private, 27-hole course located in Gladwyne, Pennsylvania, Lower Merion Township, Montgomery County, PA. The original 18-hole course was designed by William Flynn and has been updated by renowned golf course architect Tom Fazio. The Spring Hill course is 18-hole, par 71 (6,647 yards); the Centennial Nine is par 35 (3,312 yards), The course (par 71, 6,647 yards) offers a variety of challenges, including water hazards, bunkers, and undulating greens. In addition to its beautiful courses, Philadelphia Country Club also offers a state-of-the-art practice facility and a full-service clubhouse.

Explore Gladwyne PA Homes for Sale

Gulph Mills Golf Club

Located in King of Prussia, Upper Merion Township, Montgomery County, Pennsylvania, Gulph Mills Golf Club is a private, 18-hole course (par 71, 6,594 yards) designed by Donald Ross. The course is known for its challenging layout, with narrow fairways and fast greens. The signature hole, the par-3 16th, requires a precise tee shot over a ravine to a small green. With its beautiful scenery and challenging holes, Gulph Mills is a favorite among local golfers.

Explore Gulph Mills PA Homes for Sale

Radnor Valley Country Club

The Radnor Valley Country Club, located in Villanova, Radnor Township, Delaware County, Pennsylvania, is a private golf club that was founded in 1951 and opened in 1953. The clubhouse is the handsome mansion built in 1907, that was the estate of Franklin McFadden, honorary consul for Japan in Philadelphia. The course (par 70, 6,562 yards) was designed by Dick Wilson and X. B. Hassenplug. The Radnor Valley Country Club offers terrific views and challenging play for golfers at every skill level. Well-groomed fairways and greens over rolling countryside keep Radnor Valley Country Club difficult yet friendly. The club also offers a variety of amenities, including a clubhouse, pool, and tennis courts.

Explore Villanova PA Homes for Sale

Other Notable Golf Courses on the Philadelphia Main Line

In addition to the top-rated golf courses mentioned above, there are several other notable golf courses on the Philadelphia Main Line that are worth mentioning.

Llanerch Country Club

The Llanerch Country Club, located in Havertown, Haverford Township, Delaware County, Pennsylvania, is a private golf club founded in 1901, that is known for its challenging course and rich history. This historic course was redesigned by Scotsman Alexander H. Findlay in 1928. and is currently par 72 (6,385 yards). The course winds its way through tree-lined fairways and challenging greens. The course is known for its demanding par-3 holes, which require precision and accuracy to avoid the numerous bunkers and water hazards that guard the greens. The 17th hole, in particular, is considered one of the most challenging par-3s in the country, thanks to its narrow green and difficult pin placement.

Explore Havertown PA Homes for Sale

St. Davids Golf Club

The St. Davids Golf Club, located in Wayne, Tredyffrin Township, Delaware County, Pennsylvania, is a private golf club that was founded in 1897. The course was designed by renowned golf course architect Donald Ross and challenges all levels of players and offers four sets of tees, ranging from the forward tees of 4,997 yards to the longest tees of par 70 (6,608 yards). The course has recently completed a golf course restoration project that returned the course to Ross’ original vision.

Explore Wayne PA Homes for Sale

Whitemarsh Valley Country Club

The Whitemarsh Valley Country Club, located just outside Philadelphia in Lafayette Hill, Whitemarsh Township, Montgomery County, Pennsylvania, is a private golf club that was founded in 1908. The course was designed by George C. Thomas, Jr and is surrounded by gorgeous nature reserves including the Morris Arboretum and historic Erdenheim Farm. Par 72 (6886 yards). fine dining in our Thomas Grille, The club features a full size swimming pool, a unique Ballroom with built in dance floor, and a beautiful clubhouse with picturesque views of the links.

Conclusion

The Philadelphia Main Line is a golfer's paradise, with its beautiful landscape, rich history, and top-rated golf courses. Whether you are a seasoned golfer or just starting, the Main Line offers a variety of options for golfers of all levels. So, if you are planning a golf trip, be sure to add the Philadelphia Main Line to your list of must-visit destinations.


About Main Line Homes

At mainlinehomes.com, we love working with home buyers and home sellers! Janis Peterson has been helping Main Line Buyers and Sellers since 1994 and can help guide you through all the steps of buying or selling your home. If you are thinking of listing your Main Line home for sale in Montgomery, Delaware, or Chester County, PA, Contact Janis at Tel: 610-642-3744 or e-mail her at janis@mainlinehomes.com, and she will provide you with a free home valuation, a comparative market analysis (CMA) of your home, and help you create a winning strategy to sell your home! We use all the latest technologies to market and to achieve the best outcome for your home sale!

Janis Peterson, REALTOR®, GRI, ABR, SRES, CSP
Main Line Homes
Specializing in Montgomery, Delaware, and Chester County, PA homes and real estate

Keller Williams Main Line
Suburban Square
6 Coulter Ave 
Ardmore, PA 19003 
Direct: (610) 642-3744
www.mainlinehomes.com
Janis@mainlinehomes.com

#mainlinehomes #RealEstate #Realtor #BuyHome #homebuying #homebuyers #1stimehomebuyer #homeselling #homesellers

Sept. 26, 2023

Homebuyer Handbook: How to Assess a Potential Home Purchase

Home > Blog >Homebuyer's Handbook: How to Assess a Potential Home Property Purchase

 

Pennsylvania homes for sale

 

 

Buying a home is a huge investment, and it needs to be approached with a clear idea of what features to look for in a great property. Just as importantly, it's wise to be alert to any potential problems that could quickly induce buyer's regret, and here are some of the key points to look out for when considering any particular home.

 

Curb Appeal Vs. Real Value: Don't Be Fooled

 

First impressions can count for a lot, but it's crucial to differentiate between a home's curb appeal and its true value. Curb appeal focuses on exterior qualities such as landscaping or a fresh coat of paint, but the real worth of a home is decided more firmly by construction quality, age, size, and overall condition.

 

It's easy for appealing looks to mask serious structural issues or general overpricing, so buyers must delve deeper than what meets the eye. On the flip side, if even basic curb appeal is lacking, it's fair to assume that other, more serious problems are likely to be lying undiscovered.

 

Evaluating the Neighborhood: What to Think About

 

Before considering the state of the building itself, it's important to take a hard look at the neighborhood it's situated in. The community a house is surrounded by contributes significantly to your living experience and also impacts a property's value over time - if a home seems like an amazing bargain, it could be that neighborhood problems are suppressing its value.

 

Crime rates and local safety are vital factors when evaluating a locality. High crime rates can pose a direct threat to your safety and will also affect property value adversely. It's therefore sensible to check local statistics or talk with potential neighbors to gauge safety levels.

 

Neighboring properties also offer valuable insights. A neighborhood with well-maintained homes suggests a strong community spirit with residents taking pride in their living environment. By contrast, noticeable neglect could be a sign of potential neighborhood issues that you might not discover until it's too late.

 

The general ambiance of the neighborhood, including typical noise levels, is another factor worth assessing. While a bustling environment may appeal to some, others might prefer tranquility. Making multiple visits at different times of day and different days of the week can provide a clearer picture of what to expect.

 

Further, the quality of schools in the vicinity is a fundamental element that can affect a home's value even if you don't have school-going children yourself. Generally, properties situated near reputable schools hold their value better and will be easier to sell in the future.

 

Lastly, it's important to consider neighborhood zoning laws and potential future developments. Planned infrastructure projects or zoning modifications can either boost your property's value or push it down, so check with local city or county planning offices for any upcoming developments.

 

Understanding Potential Structural Issues in a Home

 

Structural concerns play a central role in any home-buying decision, but what should you be looking for? Visible fissures and cracks in the walls, floors, and ceilings can be indicators of severe structural problems. Although minor cracks might be due to natural settling, larger ones could point towards foundation damage that could spell long-term deterioration. In particular, horizontal cracks in the basement walls or large angular cracks that appear to run from the ground upward should be a cause for real concern.

 

Uneven floors, doors and windows that won't shut properly, and gaps around window frames or exterior doors can also be symptoms of foundation problems. These issues should be taken seriously as repairing foundation defects can be ruinously expensive or even impossible to realistically fix.

 

If you're at all unsure about any aspect of a home's structure or condition, the input of a professional home inspector is indispensable during the home-buying process. Their detailed evaluation can flag potential issues and provide a much more accurate picture of the home's structural health than a simple check with an amateur eye.

 

Damp and Water Damage: Key Indicators

 

Other insidious problems that can severely affect a home are damp and water damage, and finding these early on can prevent health hazards and expensive repairs down the line. Discolored patches on walls or ceilings, a persistent musty odor of mold, or swollen woodwork could all indicate water seepage into the home. This might originate from leaks in the internal plumbing system, or from exterior cracks and damage allowing rain to get in.

 

The basements or crawlspaces of a home are often most susceptible to water intrusion because of their nearness to the ground. Damp spots, staining, or even standing water in these areas could indicate a serious issue, but even minor signs of water damage should be investigated thoroughly before moving ahead with the buying process.

 

Conclusion

 

For all these points, remember that buying a home is much more than just a financial transaction. It's about ensuring a safe and comfortable haven for families to make happy memories in, and it should be a purchase you'll be happy with for years to come. Be aware of what to look for during your first assessments of a potential home and you'll have a much greater chance of home-buying success and long-term contentment.

 

About MainLineHomes.com

At www.mainlinehomes.com, we love working with home buyers! Whether you are a first-time home buyer or someone who has bought and sold real estate multiple times in the past, we will take the time to listen to you, understand your needs, and help you achieve your goals. We leverage the latest industry technologies to enable up-to-the-minute tracking of market listings, enabling our clients access to newly listed homes as soon as they hit the market. Janis Peterson is an Accredited Buyer Representative (ABR), and Buyer Agent representation is available. Janis Peterson has been helping Main Line home Buyers since 1994. Areas in which she specializes include Montgomery County Delaware County, and Chester County PA, Pennsylvania. Contact Janis at Tel: 610-642-3744 or e-mail her at janis@mainlinehomes.com. Let Janis help you find your new home. Let’s get started!

Janis Peterson, REALTOR®, GRI, ABR, SRES, CSP
Main Line Philadelphia Homes Real Estate
Montgomery, Delaware, Chester County

Keller Williams Main Line
Suburban Square
6 Coulter Ave 
Ardmore, PA 19003 
Tel: 610-642-3744
Janis@mainlinehomes.com

www.mainlinehomes.com/buying/

www.mainlinehomes.com/blog/

Janis@mainlinehomes.com

#mainlinehomes #RealEstate #Realtor #BuyHome #homebuying #homebuyers #1stimehomebuyer #Montgomerycountyhomesforsale #Delawarecountyhomesforsale #chestercountyhomesforsale #pennsylvaniahomesforsale #pennsylvaniarealestate #pahomesforsale #Philadelphiahomesforsale #mainlinerealestate #mainlinerealtors #mainlinerealestateagents

June 10, 2023

10 Things to Do Before Listing Your House for Sale

10 Things to Do Before Listing Your House for Sale Main Line PA Homes

Are you getting ready to sell your home? If so, there are a few things you should do before you list it. By preparing your home for sale and making sure it's in good condition, you can help ensure that it sells quickly and for the best price. Here are ten things to do before listing your home.

One: Repair Any Damage that Needs to Be Fixed

Before you list your house, it's in your best interest to make sure that everything is in good condition and properly functioning. That means you should fix any damage that needs to be fixed, whether it's a broken window or a hole in the wall. There are a few reasons for this.

First, you'll be required to sign a full disclosure agreement about anything broken or in need of repair, so it's best to be proactive and make repairs first.

Second, the house will be inspected before the sale can be finalized. If there's any damage that you haven't fixed, it'll have to be done before the sale is finalized.

Third, if a buyer can't see past a damaged feature or a broken feature, they may not want to buy your house even though everything else is in good condition. By fixing obvious problems like leaky faucets or non-working appliances, you make sure that prospective buyers don't get stuck on small issues and overlook the bigger picture.

Two: Declutter

Decluttering serves dual purposes - it gets you prepared for your upcoming move and also gets the house ready for showings.

Get rid of anything you don't need. This is a great time to think about having a yard sale or donating to charity.

Focus on one room at a time. In each room, identify the things you don't use or need and make a pile. You can organize these piles into three categories:

Keep - place in a box to take with you when you move

Donate - sort through your donate pile for anything that could be passed along to others in need

Trash or Recycle - anything that's broken or damaged is trash. Anything that's clothing or items that someone else might find useful goes into a recycle bin.

Decluttering also applies to furniture, such as unused desks, china cabinets, hutches, over-stuffed chairs, extra dining room chairs, and other bulky items that might make a room feel smaller and darker than it actually is.

It also applies to the yard. Pick up any toys, bikes, put away lawn furniture, roll up hoses, and make sure there's no clutter around the outside of your house.

Three: Depersonalize

Now that you've done some decluttering, it's time to get rid of any personal touches. Remove all family photos, books, collectibles, wall art, religious statements, and other things that make the house uniquely yours. Buyers need to be able to envision themselves in your home, so this is important for them as well as helping the house sell quickly.

Four: Deep Clean

You can do this yourself or consider outsourcing the job, but the house has to be scrubbed and polished from top to bottom. This includes sinks, bathtubs, showers, toilets, air vents, baseboards, cabinets and drawers, countertops, appliances, and more.

If there are carpets, shampoo them. If they're stained or torn, replace them.

Consider adding a fresh coat of paint to the interior walls for an extra burst of clean and new.

Five: Find the Best Seller's Agent

A good real estate agent can make a huge difference in how quickly your house sells and for how much.

Get referrals from friends, family members, co-workers, and neighbors for the best agents in your area. Make sure they're on top of current market values and trends, especially if you want to sell quickly. A good agent will also tell you what you need to do before putting your house up for sale (like staging your house for sale).

Six: Stage Your House

Your agent will do a walkthrough of your property with you and will take note of any tasks or projects that may increase the value of your home, such as updating the landscaping or replacing window screens.

Your agent can also advise you on simple ways to stage your house for sale, which means giving the appearance that everything in the home is new.

You can use crisp, white linens and candles in the bathroom for a spa-like feel. Consider adding a bowl of fresh fruit to the kitchen table to represent nourishment, plants in the rooms to show vitality, and a welcome mat at the door next to potted plants.

Stage the exterior as well as the interior to ensure that potential buyers get the wow factor from your home's curb appeal.

Seven: Use Professional Photos and Video

Get professional photos taken of your home, preferably by a photographer with experience in real estate photography.

When shooting the exterior of your house, make sure the sun is shining on it if you want to increase curb appeal for sale.

Take multiple shots from different angles of the interior and exterior. If there are things that can be moved around, do so. For example, remove all personal items from countertops or dressers before having them photographed.

If you're considering video marketing of your house, get that done as well. Marketing videos give an even bigger boost to home sales because they offer potential buyers a chance to get inside the house without ever setting foot in it.

Eight: Price Your House Right

This is one of the most important factors when selling your house quickly.

Your agent can help you decide on the best list price for your home, by taking into account what similar homes in your area are selling for, how long they were on the market, how many times the price was cut, and the difference between the list price and sales price.

If your house is overpriced, it may stay on the market longer. Be sure not to cut the price too quickly, however. This can make buyers think twice about even looking at your home. If the price is reduced too many times, buyers may think it's a sign that something is wrong with the house.

Nine: Create a Compelling Property Description

Your agent will help you write a compelling description of your home to list online for potential buyers to see.

The description should include key features of your home, such as the bathroom fixtures, landscaping, flooring material (wood versus carpet versus tile), and appliances.

Ten: Prepare for Showings

When your home is shown to a potential buyer, it's best if you're not home. If you have pets, you'll also need to make arrangements for them. Some people may have pet allergies or be afraid of pets, or the animals could be disruptive, such as barking loudly.

Your agent will put a lockbox on your front door. This allows the buyer's agent to show the house when you're not home. The lockbox will have a few-digit code that buyers' agents can use to view the house.

In addition, people may go through bedroom closets and drawers, so be sure there's nothing that could offend or make them feel uncomfortable.

Keep the house cleaned and tidy at all times so that you'll be ready for showings at any time.

For a complete list of home selling topics, visit my blog for Main Line PA home selling tips and topics.

Conclusion

Selling your house is a monumental undertaking, with several layers of things to do to ensure that you sell quickly and for the best price. You've got to make repairs, declutter, depersonalize, and clean every nook and cranny. You'll need to find the best real estate agent who can then advise you on how to stage your house, as well as how to price it and prepare it for showings.

Talk with your real estate agent today about more steps you can take to sell your house fast and for top dollar.

Are you interested in hiring a real estate team that is experienced in home selling? At Main Line Homes, we specialize in Main Line PA real estate and can help you prepare your home to sell at a premium price. Contact Janis today for your free estimate of the value of your home, comparative market analysis (CMA) of your home, and help you create a winning strategy to sell your home! We use all the latest technologies to market and to achieve the best outcome for your home sale! Let's get started!

Janis Peterson, REALTOR®, GRI, ABR, SRES, CSP
Main Line PA Homes & Real Estate
Keller Williams Main Line
Suburban Square

6 Coulter Ave
Ardmore, PA 19003
Direct: (610) 642-3744
janis@mainlinehomes.com
www.mainlinehomes.com/selling/

#mainlinehomes #RealEstate #Realtor #homeselling #homesellers #Montgomerycountyhomesforsale #Delawarecountyhomesforsale #chestercountyhomesforsale #pennsylvaniahomesforsale #pennsylvaniarealestate #pahomesforsale #Philadelphiahomesforsale #mainlinerealestate #mainlinerealtors #mainlinerealestateagents

Sept. 23, 2022

5 Ways to Boost Your Home's Curb Appeal | mainlinehomes.com

5 ways to boost your home's curb appeal Philadelphia Main Line Homes-com

Whether you are thinking about selling your home or you would just like to make your house look nicer for the neighborhood, there are likely some things you can do to boost its curb appeal as well as its value. Even better, you often don't really have (or need) to spend a lot of money to make the exterior of your house look better.

Here are five home-improvement hacks that can help boost your house's curb appeal. 

1. Take care of your lawn

Your lawn is one of the first things that people will notice when they see your house. That means if your lawn looks overgrown, people will get a bad first impression -- significantly hurting your home's curb appeal. Your neighbors likely will be unhappy with you as well.

Therefore, it's important that you keep your grass mowed regularly. Furthermore, if there are leaves scattered around your yard, mulch them. Also, if you have bare spots without grass, plant some grass seed or buy sod to put over them.

2. Add a little color to your yard

Another way to make the exterior of your house look more impressive is by adding some color to your yard. For example, you can plant some shrubs and/or flowers around the front of your house. Depending on the size of your yard, a couple of flower beds in the middle of your yard might look good as well. Just make sure that you care for (water and prune) whatever you plant to ensure that it looks nice.

3. Clean your gutters

Dirty gutters can make your house look like an eyesore. Therefore, you should clean both the inside and outside of your guttering. Make sure that it's not clogged full of leaves and other debris. You might even consider painting your guttering if it looks especially weathered.

4. Power wash your home's exterior

In addition to clean gutters, you want the exterior of your home, as well as surrounding surfaces, to look clean as well. Therefore, power washing away any dirt and grime on siding, windows, sidewalks, and patios can help boost your home's curb appeal. If you have outdoor lawn furniture that looks dirty, wash it, too.

5. Fix anything that's keeping your house from looking its best

Lastly, issues such as broken window screens, chipped paint, and a bad roof can hurt your home's curb appeal. Therefore, make any needed repairs that can help make your house look nicer. Furthermore, if you have something unsightly like an electrical box on the front of your house, see if you can find a way to cover it up with something that looks more attractive. If your mailbox looks bad, consider replacing it.

In short, you can boost your home's curb appeal by taking good care of your lawn and adding a little color to your yard. Furthermore, you can improve your house's exterior by ensuring that the gutters, siding, and surrounding surfaces are clean. You should also fix any issues that might be keeping your home from looking better.

About www.MainLineHomes.com

At www.MainLineHomes.com, we love working with home sellers! The process of preparing, listing, and selling your home has many complicated steps for you to navigate along the way. Janis Peterson has been helping Main Line home sellers since 1994 and can help guide you through all the steps of selling your home, including determining the price, staging, listing, and advertising, to maximize the sale price of your home and to minimize the hassle and inconvenience.  We can give you advice about the little things that you can do to stage your home, to get you the highest possible price! You’d be surprised by the simple measures you can take to dress up your home to attract more qualified buyers.

If you are thinking of selling your Main Line home in Montgomery, Delaware, or Chester County, PA, Contact Janis at Tel: (610) 642-3744 or e-mail her at janis@mainlinehomes.com, and she will provide you with a Free estimate of the value of your home, comparative market analysis (CMA) of your home, and help you create a winning strategy to sell your home! We use all the latest technologies to market and to achieve the best outcome for your home sale!

Janis Peterson, REALTOR®, GRI, ABR, SRES, CSP
Main Line Homes Luxury Real Estate
Keller Williams Main Line
Suburban Square
6 Coulter Ave 
Ardmore, PA 19003 
Direct: (610) 642-3744
janis@mainlinehomes.com
www.mainlinehomes.com/selling/

#mainlinehomes #RealEstate #Realtor #homeselling #homesellers  #Montgomerycountyhomesforsale #Delawarecountyhomesforsale #chestercountyhomesforsale #pennsylvaniahomesforsale #pennsylvaniarealestate #pahomesforsale #Philadelphiahomesforsale #mainlinerealestate #mainlinerealtors #mainlinerealestateagents 

June 4, 2022

How to Stage Your Home for Real Estate Showings

How to stage your home for sale Montgomery Delaware Chester County Main Line Homes for Sale

Taking the time and effort to optimally stage your home can be the difference between selling your house for the price you want or having to make significant price reductions to attract interested buyers. For example, you need to focus on making the living room, kitchen, bedrooms, bathrooms, and exterior of your house look as attractive and inviting to buyers as possible, so that when they see your home, they will be willing to offer (at least) something in the neighborhood of your asking price.

Here are some helpful tips on how to stage your home for real estate showings.

Most prospective buyers don't want to buy (and move into) a dirty house. Therefore, you should make sure that your house looks clean before real estate showings. For example, empty out all of your trash cans, make sure there are no dirty dishes in the sink, put away any laundry, and vacuum and mop your floors. Also, don't forget to dust your woodwork and window seals. Furthermore, if there are any carpet stains, consider hiring a professional carpet cleaner to remove them. 

In addition to a clean home, you want it to be free of any clutter as well - as buyers won't likely get as good of an impression touring a messy home. That means you might need to spend some time decluttering each room and closet. Consider selling or donating things that you no longer use any more - like gently used clothing, furniture, books, and toys. Oftentimes, homeowners have yard/garage sales before listing their house on the market as a way to pare down their belongings. 

Another way to stage your home for real estate showings is to help buyers imagine themselves living in your house. That means you need to depersonalize it as much as possible. For instance, put away family photos, keepsakes, and any other personal mementos. It might also be a good idea to remove any artwork or decorations from the walls. 

If any of the rooms in your house have wallpaper, you should probably paint over them. That's because when it comes to wallpaper, everyone has their own preferences. What you might consider appealing - others might find it unappealing. You might be surprised by the number of buyers who get turned off by what they consider bad wallpaper. 

A big part of staging your house for real estate showings comes down to staging the furniture in a way to show off each room. Most professional home stagers and realtors will tell you that when it comes to furniture, "less is more." That's because you want buyers to feel like rooms are - well, roomy - at least as roomy as possible. If you have too much furniture crammed into a small space, it can make buyers feel crowded. Therefore, if you own a lot of furniture and you are still living in your house, you might want to consider putting some of your furnishings in storage to make your rooms look bigger. 

Lastly, make sure that your home's exterior, especially the front, looks its best to give buyers the best first impression of your home. That means keeping your lawn mowed and looking nice. Trim any shrubs and trees that look overgrown. If the exterior of your home looks dirty, give it a good power-wash or even a fresh coat of paint. 

In short, staging your home for real estate showings can significantly increase the likelihood that you will not only find a buyer, but you will find a buyer who is willing to pay more. That means you need to make sure that your home is clean and free of any clutter. You should also depersonalize to help buyers imagine themselves living in it. Paint over any wallpaper. Also, take the time to carefully stage your furniture in each room. Furthermore, don't forget to ensure that the outside of your home looks attractive as well. 

About Main Line Homes

At www.mainlinehomes.com, we love working with home sellers! The process of preparing, listing, and selling your home has many complicated steps for you to navigate along the way. Janis Peterson has been helping Main Line Sellers since 1994 and can help guide you through all the steps of selling your home, including determining the price, staging and listing your home for sale, and advertising, to maximize the sale price of your home and to minimize the hassle and inconvenience.  We can give you advice about the little things that you can do to stage your home, to get you the highest possible price! You’d be surprised by the simple measures you can take to dress up your home to attract more qualified buyers.

If you are thinking of listing your Main Line home for sale in Montgomery, Delaware, or Chester County, PA, Contact Janis at Tel: 610-642-3744 or e-mail her at janis@mainlinehomes.com, and she will provide you with a free home valuation, a comparative market analysis (CMA) of your home, and help you create a winning strategy to sell your home! We use all the latest technologies to market and to achieve the best outcome for your home sale!

Janis Peterson, REALTOR®, GRI, ABR, SRES, CSP
Main Line Homes Luxury Real Estate Agent

Keller Williams Main Line
Suburban Square
6 Coulter Ave 
Ardmore, PA 19003 
Direct: (610) 642-3744
www.mainlinehomes.com
Janis@mainlinehomes.com

https://bit.ly/2Hritob
https://bit.ly/2WbFoXZ

#mainlinehomes #RealEstate #Realtor #BuyHome #homebuying #homebuyers #1stimehomebuyer #homeselling #homesellers

March 22, 2022

When Is the Right Time to Buy a Home?

Homes for Sale in Villanova Wayne Radnor PA

Although market conditions and current economic indicators can give an important context for deciding whether it's the right time to buy a home, your decision also depends on your financial situation and readiness to be a homeowner. If you are wondering whether it's a good time to purchase a home, there are several things to think about. This article looks at four important factors to consider when contemplating buying a new home.

Do You Have Enough Money for a Down Payment?

Most lenders ask for a 20 percent down payment to be eligible for a conventional mortgage. However, the more down payment you can pay, the more money you will save over the life of the loan, and you will also be able to reduce your monthly payment. Most people save for the down payment over a period, which can even be years. But for others, the money can come from the sale of an asset or property.

Although the typical down payment for a conventional loan is 20 percent, you can get a loan that requires down payment assistance or a smaller down payment. You can consult with a mortgage banker to find out if you qualify for other loan types with different down payment options.

What Is Your Credit Score?

Even though the total loan amount and terms are important drivers when determining your loan type, your credit score can also be a key factor. So, it's necessary to find out if you have a high enough credit score to purchase a home. If you intend to buy a house, one of the important things to do before you shop for a home is to establish credit.

If you find that you have a low credit score, it's important to take measures to raise your credit score because this will lower your overall monthly payments. It's also important to ensure that you maintain your credit from the time you begin the mortgage process until your last loan payment. Basically, if it's necessary to establish or improve credit, make sure that you do so before you start the mortgage process.

Can You Afford Monthly Payments?

There are three primary factors that determine your monthly payment and these are the loan amount (including the down payment and home price), interest rate, and the duration of the loan. To lower your monthly payment, you can negotiate a bigger down payment or a better home price, as this can reduce the loan amount. You can also lower the interest rate and therefore reduce your monthly payment by improving your credit score or opting for specific loan types.

If you choose a longer loan term, for instance, 30 years, you can expect to have lower monthly payments than if you go for a 15-year mortgage. However, longer-term monthly payments mean more payments will be made over the life of the loan, and more interest will be paid on the loan. Monthly payments also typically include taxes, insurance, and in some cases even Home Owners Association (HOA) dues.

What Are the Market Conditions?

It's vital to have a good understanding of the overall market conditions when looking to buy a new home. The easiest information to find is inventory. If more people are buying than selling, selling your current house will be easier. However, you might pay a premium price for your new house. In contrast, when there is more inventory than homebuyers, you may have to exercise a lot of patience when selling your home. But you may get a deal that is better on your new home. Based on interest rates, the market can change rapidly.

When looking to buy property, it's not uncommon for many homebuyers to try to figure out if home values are falling or rising, while also focusing on mortgage rates. And while these are important standards to follow when determining if it's the right time to buy a home, the four key factors discussed above are vital considerations as well. At the end of the day, the ideal time to buy a home is when you can afford to.   

About Main Line Homes

Janis Peterson, Realtor®, GRI, ABR, SRES, CSP, is an Accredited Buyer Representative (ABR). She has been helping Main Line Buyers and Sellers since 1994. Areas in which she specializes include Montgomery, Delaware, and Chester County, including homes for sale in Radnor, homes for sale in Wayne, and homes for sale in Villanova, as well as homes for sale on the entire Main Line. Contact Janis at Tel: 610-642-3744 or e-mail her at janis@mainlinehomes.com, and she will help you find your dream home!

Janis Peterson, REALTOR®, GRI, ABR, SRES, CSP
Main Line Homes Luxury Real Estate Agent

Keller Williams Main Line
Suburban Square
6 Coulter Ave 
Ardmore, PA 19003 
Direct: (610) 642-3744
www.mainlinehomes.com
Janis@mainlinehomes.com

https://bit.ly/2Hritob
https://bit.ly/2WbFoXZ

#mainlinehomes #RealEstate #Realtor #BuyHome #homebuying #homebuyers #1stimehomebuyer #homeselling #homesellers #radnorhomesforsale #waynehomesforsale #villanovahomesforsale #mainlinehomesforsale