This week Shawn DeAngelo of Prosperity Home Mortgage and I discuss five things that affect your credit score and your ability to qualify for a mortgage and get a great rate at the same time. Check out the video of our conversation and don't despair if you have some negative events in your life, we discuss those as well and be aware you may still be able to qualify for a mortgage even after a bankruptcy. For mortgage help contact Shawn DeAngelo of Prosperity Home Mortgage at 484-297-2192 or ShawnD@PHMLoans.com. Buying or selling on or around the Main Line, contact Nick Vandekar, Selling the Main Line with Long and Foster Real Estate Inc., office 610-225-7400, cell or text 610-203-4543, or Nick@VandekarTeam.com.
We all know what we should do, most of us though, don't do what we know we should or we even sometimes do the opposite. Where a mortgage is concerned that can be disasterous if you want to buy a home.I had a conversation with Shawn DeAngelo of Prosperity Home Mortgages this week about some do's and don'ts when applying for a mortgage, watch our video, admittedly a litte long but packed with information and share any that you can think of that might derail a mortgage in the comments.Interested in buying a Main Line home, contact Nick Vandekar, Selling the Main Line with Long & Foster Real Estate, office 610-225-7400, cell or text 610-203-4543, Nick@VandekarTeam.com, need a mortgage contact Shawn DeAngelo, email ShawnD@PHMLoans.com or 484-297-2192.
We all know that in today's hot, hot buyer's market that an offer needs to stand out and be a little different. Prosperity Home Mortgage has been offering a great product the Propserity Buyers' Advantage; this is a program where buyers get fully approved for a loan, barring the appraisal and the title work. All paperwork from the buyer is reviewed by an underwriter and a commitment is issued with only the purchase details needing to be completed.I had a great conversation today with Shawn DeAngelo of Prosperity Home Mortgage about this program and some other things about preapprovals and mortgages. Enjoy the video below. Shawn's contact details are at the end of the video.If you are looking to make your offer stand out, then contact Nick Vandekar, Selling the Main Line with Long & Foster Real Estate, office 610-225-7400, cell or text 610-203-4543, email Nick@VandekarTeam.com.
I just listed this great townhome in the prestigious gated community of Arbordeau in Devon. Sitting behind its own gated patio, landscaped to resemble a Mediterranean landscape area, this 3 bed 2 1/2 bath home has underground parking for two cars as well. No reason to venture out into the cold or wet when you live here. Take a video tour: Arbordeau is perfectly located on the main line, and has the added security of being a gated secure community. Minutes to everywhere important on the Main Line and a short distance from Jenkins Arboretum, Devon or Berwyn Stations. Plentiful supply of excellent restaurants, shops and bars are all nearby.For your private tour contact Nick Vandekar, Selling the Main Line with Long & Foster Real Estate Inc. office 610-225-7400, cell or text 610-203-4543, or email Nick@VandekarTeam.com.
As agents for years we have been telling our prospective clients to speak to a mortgage provider and to get preapproved as the first step in searching for and buying a home.Most prospective buyers know this and dutifully speak to a mortgage provider and get their preapproval for a mortgage and with this in hand then contact a Realtor to help them buy a home.But something has happened over the last few years that no longer makes that pre-approval of any value. For the past three years, agents have been talking about the low inventory of homes for resale, as well as the lack of new construction as well. This combined with low interest rates has made it very difficult to buy a home in today's market. The low inventory, combined with low interest rates has created a very strong sellers market where there is lots of competition for homes for sale. The number of buyers has increased, and the seller can pick the cream of the crop. Buyers are frustrated as they make an offer only to discover there are multiple offers, sometimes as many as twelve or more on the property they want to buy. Agents are telling them they will need to offer well over the asking price. Some buyers are getting help from parents, or some have sold their previous home and have cash. That pre-approval is no longer as valuable as it once was. Buyers are finding they are losing out many times over.So, what can you do? Prosperity Mortgage, owned by Long & Foster Real Estate, offers clients the chance to get fully approved for a mortgage barring the appraisal on the house. The buyer has a full commitment from the mortgage company and can make an offer with a shorter time line to settlement as all the underwriting has been completed, barring the appraisal. It allows a buyer to be in a stronger position, potentially waiving the mortgage contingency making them as good as a cash buyer.It does require the buyer to supply all the documentation ahead of time, and if the home search takes time, it will need to be updated along the way, but it puts you as a buyer in a much stronger position to have your offer accepted.So, in today's market, go the extra mile and get yourself fully approved, and obtain a full commitment from your mortgage provider. If your mortgage provider doesn't provide this, contact Nick Vandekar, Selling the Main Line with Long & Foster Real Estate Inc. office 610-225-7400, cell or text 610-203-4543, Nick@VandekarTeam.com, let's get you ready to have your offer accepted and find that dream home.
Florida is our last stop around the states, Hawaii and Alaska will have to wait till we manage a trip there. The state song is one you might recognize, I remember learning this in choir in school.Florida State Song adopted in 1935 “Swanee River (Old Folks at Home)” Words and music Stephen C. FosterHere is Nu Breed with their song FloridaThen we have Florida Sunshine, the Florida Song sung here by Smokey DaytonaLet's finish up our tour of the 48 with this song by Claire Lynch, My Florida Sunshine.Hope you have enjoyed lour tour. Where to next....?
I think we visited Georgia on our trip, but not sure how to hop over it on our way to Florida and it has some good songs. Of course you may remember the state song for Georgia, Georgia on my mind, made famous by Ray Charles, but originally written by Stuart Gorrell with music by Hoagie Carmichael.Of course you may know this one too The Devil went down to Georgia played here by the Charlie Daniels BandAnd of course there is Glady Knight and The Pips with Midnight Train to Georgia.And then we have Georgia by Boz ScaggsAnd to finish up today let's close out with Ray Charles singing Georgia on my mind, live in 1960....Hope you enjoyed!
South Carolina has a couple of State Songs, think you might like this one.South Carolina State Song 2 adopted in 1984 "SOUTH CAROLINA ON MY MIND" Written and recorded by Hank Martin and Buzz Arledge The original song was adopted in 1911 and is a little more traditional.Here is Josh Turner with South Carolina Low CountryI like these short doscumentary videos about the different states. Here is Charleston, South Carolina from Darius Rucker of Hootie and the Blowfish.Of course there is Chairmen of the Board with I's Rather be in Carolina.And to close out today, here is Carolina Girls by General Johnson and The Chairmen of the Board.Hope you are having a good week.
We cross from Delaware and arrive in N. Carolina today to hear the state song The Old North State. North Carolina State Song adopted in 1927 "THE OLD NORTH STATE" Words and music by William Joseph Gaston Arranged by Mrs. E. E. RandolphFolk Music is big in North Carolina and there are many folk festivals. Like this video about Songs of North Caroloina with balladeer with Joe Penland.Kathleen Burnett singing Ballad of a Lonely woman, won first place in this competition.Then there is the Foggy Mountain Boys with N Carolina Breakdown.And I guess I would never be forgiven if I didn't include Carolina on my mind by James Taylor.Enjoy your weekend.
Old Forge Crossing Sales Data for 2020 This condominium development remains popular and whilst the pandemic slowed things down prices rose and the number of total sales for the year were slightly higher. At the beginning of the year things were quite slow, and in 2020 we had just a few more sales than in previous years with 25 total sales. This is in line with what we have seen across the Main Line real estate market with a reduced inventory and many buyers ready, willing and able to snap up inventory when it has come on the market. As a result we have also seen days on market drop to just over 9 across all sales in the year. Prices have strengthened over previous years with a square foot net price of $213.38. Of those 25 sales, 18 were single bedroom units, of which two had dens. Overall single bedroom units had a slightly higher square foot price than two-bedroom units at $214.52. Many of the units which came on the market this year had had improvements with updated kitchens and baths.Among the two-bedroom units one was with a den, a rare feature in Old Forge Crossing. These units had a square foot price of $210.45. Details of sales are listed below and those units where there is an asterix have the additional den feature.