Buying your Main Line home begins with deciding first your budget and then in which township you want to live. The Pihladelphia Main Line begins in Lower Merion Township, heads west and north through Radnor, Tredyffrin and Easttown Townships. Not so long ago, many would say it ended in Wayne, then it became Paoli, nowadays many people consider Downingtown the end of the Main Line.
Towns along the Main Line include Merion Station, Bala Cynwyd, Gladwynne, Haverford, Bryn Mawr, Rosemont, Villanova, Wayne, Devon, Berwyn, Paoli Malvern, Frazer, Exton and Downingtown.
There are many choices. Within each township people are loyal to their neighborhoods, often not venturing elsewhere to shop, many homeowners along the Main Line buck the national averages remaining in their homes for decades rather than the five to seven years so often quoted as the period of time home owners live in a home before moving.
So, your research includes, schools, neighborhoods, home styles and life style to name just a few of the things you most likely will consider when looking for a home along the Main Line.
All types of housing is available along the Main Line, from Revolutionary War period homes through Victorian homes to homes built in the sixties and seventies to modern day new construction homes built on lots purchased for such purposes. Colonials, ranches, contemporary and split level homes are available all along the Main Line. You have many options.
Whilst we have seen the housing market affected throughout the country with foreclosures and bank owned properties, whilst these have not been common along the Main Line, it has been affected with home prices fallingover the past few years although bottom seems to have been reached and the lack of current inventory is causing buyers to take part in multiple offer scenarios to obtain a home of their choice.
The Main Line brokers and agents prefer fully written offers to be accompanied by a mortgage pre-approval and a buyers financial form along with the completed paperwork required for making an offer in Pennsylvania.
After negotiation and acceptance of an offer, buyers have a set contingency period to make inspections and make full application of their mortgage as stated in the agreement of sale. Pennsylvania is a time is of the essence state requiring buyers and sellers and their agents to act within set deadlines as per the agreement of sale. After all contingencies have been completed, homes are marked pending till settlement. Only after settlement are the sales price and any seller concessions revealed so as not to weaken the sellers negotiating position should a deal fall apart for any reason late in the process.
We work all along the Main Line and some distance North and South of it. We sell homes at every price point from Luxury Homes to helping first time buyers discover the joy of the Main Line. Should you be searching for a home to purchase contact Nick@VandekarTeam to discuss your needs and to obtain our Main Line buyers guide. If you already live along the Main Line and desire to sell your property, now is an excellent time to list your property for sale for example the 24% fall in inventory since the last quarter in Chester County buyers are looking for new listings and making quick offers when properties are priced correctly. Our experience pricing and preparing a home for sale can help you achieve your goals. I look forward to hearing from you and helping you find or sell your Main Line Home
If you are buying or selling on or around Tredyffrin Easttown or along the Main Line we can help you, contact us or connect
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