Main Line Homes Blog

head_left_image

Solving problems is what our business is all about.

Last week just before Hurricane Irene, when I was busy making sure I got everything done in time for the storm I got an email from a contact of mine at an insurance company asking if I knew of any short term rentals in a specific area for a client of theirs who had been burned out of their home after a lightning strike. I could have chosen to stay focused on getting ready for the storm, or preparing for a settlement I had this week, but I thought what it must feel like to be living in a hotel, knowing your home was made uninhabitable and that the walls of the hotel rooms are going to seem very small very quickly.  At the moment rentals are difficult especially for single family homes as they don't last long on the market. But listings for sale are plentiful, and with winter approaching many owners who have been moved for jobs might be happy to have someone in their home over the winter.

I emailed all our local offices and had several offers of help, but one stood out head and shoulders over the others. I let my insurance contact know, and Saturday morning with the storm approaching I met this unfortunate family at the home. The house was a good size, and other than they want to move in today and the owners are out of state and have furniture in the house and need a little more time to get the home ready, it was a perfect match. Issues resolved we are in the process of putting this deal together, helping two families, one with a home that is sitting vacant and another who is sitting in a hotel unable to return home.

Today, I had two settlements, some clients who sold and settled on their new home. It is always hard to know whether you buy first then sell or sell then buy, it really depends on your level of comfort with risk. In this case my clients found a home they loved and we ended up buying a little before they were ready to put their home on the market. We set a long settlement date, rushed through getting the home ready for sale, not that there was much to do, and then set about marketing their home for sale. We had a lot of interest from the start but many of these buyers had issues that prevented them from making offers. Then after 46 days we negotiated and agreed a sale. 46 days is not long in this market, but it can seem a lifetime when you need to sell your home to buy the new home, and then to move through inspections, mortgage appraisals and all the other issues that are built in to selling and buying a home today.

Helping others is what our business is all about, obtaining mortgages, removing obstacles to closing, finding short term housing when necessary, basically thinking outside the box to solve the issues that arise in every transaction and making sure settlement is smooth and without stress.

If you need help anywhere along the Main Line, give us a call and see how we can solve your problems.

If you are buying or selling on or around Tredyffrin Easttown or along the Main Line we can help you,  contact us or connect

  Twitter link  Linked in linkl our blog RSS feed of MainLineHomes Blog

Feel free to subscribe to our blog to stay up to date with our latest posts and information on the Tredyffrin Easttown and Main Line Real Estate Market. 

 

Comment balloon 0 commentsNick & Trudy Vandekar, 610-203-4543 • August 30 2011 05:04PM
Solving problems is what our business is all about.
share
Last week just before Hurricane Irene, when I was busy making sure I got everything done in time for the storm I got an email from a contact of mine at an insurance company asking if I knew of any short term rentals in a specific area for a… more
331 Galway Drive, Village of Shannon, West Chester PA
share
Village of Shannon is a nice development in West Goshen, just a little north of West Chester off Boot Road. We have a new rental listing of a town home in here 331 Galway Drive Freshly painted and carpets cleaned professionally it is a large three… more
Old Forge Crossing has FHA approval pending
share
Condos today have a hard time selling as most buyers want to use FHA financing and many approved condo developments have seen their approval expire. Old Forge Crossing in Devon, PA is in the process of waiting for approval, having made application… more
Do you really want a mongrel real estate agent?
share
I have shown photos of these canna lillies before, but looking at the plant today I noticed how one flower is totally red and the rest are yellow. As Trudy said, they cut and splice bulbs together to make different hybrids or a mongrel flower… more
Business Person Open Houses at Old Forge Crossing Tuesday 8/23 11-2 PM
share
Several agents are holding a business persons open house at Old Forge Crossing on August 23rd Tuesday 11-2 pm, open to members of the public and to brokers many are serving lunch or snacks for those attending. Below is a list and map of the… more
What an anti-climax!
share
I have a client who has wanted to see a home that was on the market but was not available to see. Every time it showed active and I tried to make an appointment I was told it was not available for showing. It has happened a lot recently on several… more
What you need to know about that deposit before you buy a home!
share
I was chatting with one of the mortgage providers I know and we got to talking about earnest money deposits when you are buying a home. Here is just a couple tips to keep in mind when putting down that Earnest Money Deposits that will help the… more
Wine down Wednesday - Paradocx Vineyards
share
Busy day tomorrow, so this post is a little early. One of the good things about the Main Line and Chester County is the abundance of local vineyards. Today, I stopped by the tasting room for Paradocx Vineyard located at The Shoppes of… more
Main Line rental market is pretty strong
share
I don't do that many rentals a year, but recently I have had several Main Line clients who are willing to hold properties and put them up for rent, a smart strategy if you can afford it. Obviously you have wear and tear and the need to keep track of… more
Chester County PA market report
share
Chester County homes for sale now stands at a 12. 3 month inventory. what this means is that if no other homes came on the market it will take 12. 3 months to clear the backlog of homes for sale. That is 2 months more than July 2010. There are… more