Main Line Homes Blog

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1920's Downtown Wayne PA Rehabbed Colonial.

Welcome to this wonderful renovated 1920's colonial in downtown Wayne. The main floor has 9 ft ceilings and features a large living room with wood fireplace, dentil molding and chair rail, enter the the heated and air conditioned family room. The living room also connects you to the gourmet kitchen which features all Viking appliances, granite counters, and custom beaded inset cabinetry, a Rohl Shaw 36" apron front sink, Rohl faucet, and Pure chilled water on sink is flanked by two Viking dishwashers. The 48" dual fuel, gas range and 2 electric ovens features 4 burners, griddle and grill with an over range pot filler. Thre kitchen also includes a trash compactor, built in microwave, 48' built in Viking fridge and Kuppersbusch plumbed and built in coffee system. Drawers feature BLUM glides, (full extension, soft-close glides). An archway leads you to the eat in breakfast area designed in Butlers pantry style with entry way to dining room. Great flow exists for parties throughout the main floor.
The second floor has four bedrooms and a completely rehabbed hall bath with jetted tub, subway tiles and console sink with Rohl faucet. The master suite includes custom cabinetry in the closet and a 10 foot custom vanity with marble top and two sinks; oversized shower with rain shower, hand held shower, 3 body spray jets and frameless shower door. Laundry room on this level with Whirlpool duet front loading washer and dryer.
The third floor has built in beds, one full and two twin, 12 inch pine floorboards, walk in closet, 4 dormers, 2 skylights and a full bath.
Basement has a French drain with battery back up sump pump, half of basement is unfinished storage, the other half is a finished play room with storage cabinets and laundry area.
All wood floors have been refinished; new Imperium Whole house Central Vac; Roof new 2005; updated 200 amp electrical; professionally fenced-in & lanscaped backyard, new flagstone patio, grill surround and play area.
Close to walking trail, Radnor library, and all the shops and restaurants of downtown Wayne.

Priced at $869,900, Open Sunday February 25th 2-4 PM. Over 30+ photos to see at 131RunnymedeAve.VandekarTeam.com.

0 commentsNick & Trudy Vandekar • February 19 2007 07:04AM

Daylight Savings

SPRING FORWARD, FALL BACK...OR IS THAT SPRING BACK AND FALL FORWARD?

In any event, Daylight Saving Time (DST) will be springing a bit further this year. Back in 2005, Congress enacted the Energy Policy Act, which will extend DST by one month - beginning earlier in the spring and lasting later into the fall - beginning on March 11th and ending on November 4th.

Originally the bill was written to extend Daylight Saving by two months, but some very verbal opponents fought the change. Farmers say that DST has a negative impact on their livestock in general - as it is tough for them to adapt to the time change, and they therefore produce less milk, eggs, etc. Because DST is not followed uniformly around the world, airlines claim that it might mean many missed international flight connections. Additionally, TV and Cable stations argued that they will lose viewers and advertising revenue, simply due to less time spent in front of the television because of more time spent outdoors in daylight. So a compromise of one additional month of DST was reached - and Congress did retain the right to revert back to the old dates if the change proves to be widely unpopular, or if the energy savings aren't significant.

Why the change?

After making the adjustment to getting up an hour early, Americans overwhelmingly like Daylight Saving Time. There is simply more sunlight in the evenings to enjoy the outdoors and get things done. Additionally, there may be emotional benefits, as we typically feel better with more daylight. Plus, increased hours of daylight saves energy on a national scale. Less electricity is needed, as fewer lights are turned on as early in the evening...and with energy costs so high, even a small amount of savings is very welcome.

And brighter is safer - studies have shown that the DST shift reduces traffic accidents. An increase in accidents in the dark mornings is more than offset by the evening decrease in accidents, due to the increased visibility gained with more sunlight. Halloween will be much safer too - child pedestrian deaths are four times higher on Halloween than any other night of the year. Now, young trick-or-treaters are able to spend an extra hour out getting treats in the light. Candy manufacturers are happy too, as they've lobbied for years to have DST extended through Halloween.

A study by the US Law Enforcement Admin also determined that crime is consistently lower during DST, with violent crimes down as much as 10 - 13%. For many crimes, like mugging, darkness is a factor - so more light in the evening hours reduces these types of crimes.

And throughout its long history, Daylight Saving Time has had a remarkable and sometimes unexpected impact.

A man was actually able to avoid the draft for the Vietnam War using a Daylight Saving Time loophole. When he was born, it was just after midnight, DST. When he was drafted, he successfully argued that in his home state of Delaware, standard time - not DST - was the official time for recording births. So he was technically born on the previous date - which had a much higher draft lottery number - and he was able to avoid being drafted.

In September 1999, the West Bank was on Daylight Saving Time, while Israel had switched back to standard time. A group of West Bank terrorists prepared some timed bombs - but misunderstood the time change - and the bombs exploded early, killing the terrorists themselves, rather than the intended victims - two busloads of innocent citizens.

In the 1950's and 60's, each state and locality was permitted to choose start and end DST dates as they desired. During 1965, Minneapolis and St Paul - which are considered one metropolitan area - didn't agree on start dates, and for a period of time, these Twin Cities had a one hour time change between them. And on one Ohio to Virginia bus route, passengers technically had to change their watches seven times in 35 miles!

To keep to their published timetables, Amtrak trains cannot leave a station before the scheduled time. So when the clocks "fall back" in the fall, all trains that are running on time actually stop at 2:00am - the official time of DST change - and wait one hour before resuming their routes. In the spring, the routes instantaneously become one hour behind schedule, but they just keep going and do their best to make up the time.

So Daylight Saving Time sure can have some unexpected impact - and we'll all have to be ready early this year.

In particular, be sure to double-check all of your electronic devices and confirm that the time is correct. Although you may be accustomed to your computer and digital clock in your car automatically updating, the recent change of dates for daylight saving time may require that these devices be manually changed, as they now may not be ready to update to the correct time on the correct date!

Please feel free to pass on this article to family, friends and coworkers who might find this interesting as well. And although we'll be losing an hour on March 11th, I'm always happy to make time for you - so if I can be of any assistance to you, please don't hesitate to call or email.

1 commentNick & Trudy Vandekar • February 19 2007 06:58AM

County Housing Market Update

 Home sales in Delaware County decreased by 5.5 percent in 2006, but saw less of a decline than other counties in the region, further evidence of the housing market adjustment, according to a recent report. However, sales in Montgomery and Chester counties decreased by more than 8 percent, and Bucks County witnessed a 14.9 percent decline from 2005.

Counties that have seen greater new home construction are seeing a greater decline in sales because of higher prices; the older housing stock and denser population have been a help to the overall picture in Delaware County. Delaware County's median or mid-range sale price in 2006 rose to $203,000 from $194,000 in 2005. Upper Darby posted the highest number of homes sold for the year at 1,338. Next was Haverford at 632 homes, followed by Ridley Township (365), Radnor (327) and Springfield (289).

 

0 commentsNick & Trudy Vandekar • February 16 2007 04:07PM

Urbanism and Town Centers

We are seeing a lot of urban town center projects in our area.  There are two planned developments that i can think of right now, Worthington Urban town Center in Malvern, there was an article in the Philadephia Inquirer this week that identifies Wegmans as the first major retail tenant to commit to the  development. This site was originally the Worthington Steel Plant and is planned to become a 1.6 million sq feet mixed use development, to include 740,000 sq feet of restaurants, retail and other uses. almost 200,000 sq ft of office space and also 753 multifamily residences.

 Another similar development is planned for King of Prussia on the old Valley Forge golf course next to Home Depot's current location.

These urban town center developments are popular as residents like them, many having offices in the development, they are often able to walk to cinemas and restaurants or even to supermarkets. We have seen a couple of these, one in Florida in West Palm Beach and another where one of our sons live north of Charlotte. They are attractive and they work if the right mix of retail, coffee shops and restaurants is obtained.

What do you think of these developments? Let us know!

1 commentNick & Trudy Vandekar • February 16 2007 03:56PM

Deed scam, You don't need this company!

Consumer Alert: Certified Deed Scam

There have been several reports of letters from National Deed Service, Inc. offering certified copies of property deeds for a payment of $69.50. The Chester County Recorder of Deeds office has confirmed that new homeowners are being targeted, and they are strongly advising against consumers giving their payment information to this company. As noted in the letter, the National Deed Service, Inc. is not affiliated with any governmental agency, and the letter appears to be a scam.

Deeds are public documents, and certified copies are available for a comparatively small fee at the County Recorder of Deeds Office. Visit links below to visit your local Recorder of Deeds online for more information on obtaining a certified copy of a deed:

 

•·          Bucks County, Edward Gudknecht

•·          Chester County, Terence Farrell

•·          Delaware County, Thomas Judge, Sr.

•·          Montgomery County, Nancy Becker

•·          Philadelphia County, Joan Decker

 

0 commentsNick & Trudy Vandekar • February 16 2007 03:42PM

Can you get a PA property tax rebate?

PA Property Tax/Rent Rebate Program

This year, thousands of additional local residents will be eligible for hundreds of dollars in property tax and rent rebates. In 2005, Pennsylvania lawmakers expanded the number of residents eligible for a $650 rebate on their property tax or rent payments. Under the new guidelines, seniors, certain widows or widowers, and disabled residents with an income of less than $34,000 may qualify for a property tax or rent rebate. To apply for a rent rebate, PA residents must submit a completed application form to the Pennsylvania Department of Revenue. More information can be found at the following site: http://www.revenue.state.pa.us/.

 

3 commentsNick & Trudy Vandekar • February 09 2007 05:28PM

No increase in the Pennsylvania Realty Transfer Tax

Good news!

Governor Rendell's proposed budget did not include an increase in the Realty Transfer Tax.

In his proposed 2007-2008 budget provided to the General Assembly, Governor Rendell did not recommend an increase in the Realty Transfer Tax to fund mass transit.  In his speech, the governor spoke about the Transportation Funding and Reform Commission and their proposal to increase the state Realty Transfer Tax by 0.89 percent along with local funding sources.  Governor Rendell said that "neither option is very appealing since both add to the tax burden of Pennsylvania citizens."   

 

0 commentsNick & Trudy Vandekar • February 09 2007 05:27PM

Chester County seeks your input for smart growth initiative

Chester County's Planning Commission is in the process of rewriting its 10-year-old "Landscapes" plan, designed to help the county "bring growth and preservation together" through smart growth initiatives. According to the Commission, an update is necessary to reflect the changing needs of the county.

The Commission is currently seeking input for "Landscapes 2" from county stakeholders and residents through focus groups and an online survey. You can learn more about the plan and share your own opinion about future growth and preservation priorities in Chester County at the following website: http://www.landscapes2.org/. When prompted by the survey, use the code H24.

0 commentsNick & Trudy Vandekar • February 09 2007 05:24PM

When is the right time to move?

As a REALTOR my obvious answer is right now, are you ready to list, sign here! But what is it that is making you think about moving? Is it disatisfaction with your home, is it location, too far from the shops or work. Does your family need more room, whatever the reason you need to know what it is that is making you feel that you want to move or you can end up being dissatisfied with the new home you buy and or little motivation whilst you are looking.

So first of all, sit down and think about what is motivating you and then make a list of what you want in a new home that is different to what you currently have. Then add to this list things that are important for you to have which you may already have in your current home. Don't worry about priorities at this stage and take your time, add to it as ideas come to you. When you feel it is complete, set priorities, what are the most important issues, try to group them first then copy your list placing them in order with the most important issue first.

For example:

  1. Good school district (If you have children and a good school district may hold its value better even if you don't have kids).
  2. Extra bedroom
  3. Distance to work, how long is the commute you are willing to accept.
  4. Public transportation close by.
  5. Distance to general shops, and restaurants.
  6. 2 bathrooms.

There is no right list, only your list. Now in reality are you going to fulfil everything on your list, probably not, but you can then decide what you are willing to accept and not accept. Having done it ahead of time helps you when you need to make a decision, however, sometimes emotion also takes over and you may decide to adapt your list when you see a home that meets 3 of your top 5 priorities but not your top one perhaps.

When you have your list together, contact a mortgage broker and ask them to pre-approve you so you have an idea of what you can afford; this may be more than you are comfortable with so be honest and let them know if you have a monthly limit that you want to apply to a mortgage so you have more money left for other things. If you have a REALTOR ask them for an idea of what your home is worth, be conservative here, you are not setting a final price for your home to be listed but getting an idea so you can work out how much you can spend after your home is sold. You can start considering neighborhoods where you might want to live and then start searching for homes in those areas to get an idea of prices. Visit some Open Houses to get an idea of what you get for your money.

After this you are probably ready to start moving. At the moment it is a good idea to put your own home on the market first, so you won't have to make an offer conditional upon selling your own home. Start looking for your new home with your REALTOR, asking them to send you homes as they come on the market in the neighborhoods that interest you, this will save you time and let your REALTOR know what are your top priorities in your search for a new home.

 Good luck and enjoy yourself.

0 commentsNick & Trudy Vandekar • February 09 2007 07:04AM

A different form of financing

I recently took the e-PRO course and in the process came across a very interesting issue that I had no idea existed in regards to financing.

The Muslim faith does not allow its followers to pay interest. So how do they purchase a home? Either they have to break the religious doctrine and take a normal mortgage, rent or look for an alternative. There are apparently alternatives which have been accepted by leading Imams and which can be obtained throughout America, not everywhere but maybe in your market.

This link will lead you to an article on the Freddie Mac site about a bank in Illinois, Devon Bank that has set up a variety of different finaincing options that allow Muslim consumers to purchase a home and not break the tenents of their faith.

http://www.freddiemac.com/news/archives/afford_housing/2005/20050110_devonbank.html

The gist of one of these is that the bank purchases the property and sells it to the consumer at a higher price that is then split into equal payments over the term of the loan with zero percent interest. But please read the article and use this link to read more about the options available on the banks site:http://www.devonbank.com/islamic/. There are some additional charges but everything has been approved by Islamic Religious leaders and will be a help for your client.

I found this very useful, not realizing this was an issue, hope it helps you be more prepared if your client or a consumer expresses a need for help in this direction.

0 commentsNick & Trudy Vandekar • February 08 2007 03:29PM