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Bob Downs

REALTOR

My Blog

4 bedroom home for sale in MALVERN

6/17/2016
Property Description
Welcome to a unique home on one of the nicest streets in Malvern! Old world charm meets new, in this restored stone Victorian with 4 bedrooms and 3 full bathrooms. Pulling up you can"t miss the green yard with beautiful flowers and trees, an oversized driveway with a black wrought iron fence. A brick sidewalk leads to a freshly painted porch with new rails. The original wooden front door has been preserved. There are 9 ft. ceilings, hardwood floors, and lots of windows, front sitting/living room, followed by a sunny dining room, powder room and 1st floor office/craft room. The home had an addition built on, adding to the size and unique layout, featuring a great room and gourmet kitchen with French doors as the entry way. Special features are exposed stone from the original home on the inside, high ceilings and new carpet, making this a great family area. Some kitchen details are 12x12 tile floor, 42" maple cabinets with beautiful color and accenting trim, some with glass front doors, sliding shelves, and wine storage. This upgraded kitchen boasts black granite counter tops, decorative tile back splash, stainless steel appliances, wine fridge and 5 burner gas top, dual oven. Seating for 4 at the counter top overlooks the great room. From the back, you can access the spacious EP Henry two level patio and pond. This is a perfect setting for entertaining or watching nature. From here, you have full access to the large partial fenced in yard. Back inside under the addition is a full finished basement bedroom with large closet and full bath! The original basement, separated by a doorway, has all of the HVAC equipment in it plus, access to the main floor in the front of the house. On the second floor, there is new carpet on the steps and master bedroom. The front rooms have original hardwood floors. There is a full bath and huge laundry room. The master bedroom is very large with a small closet for him and an oversized, spacious walk in closet, for her. The master bath has a colorful tile floor, his and her sinks, water closet, soaking tub and shower. There is a walk up finished 3rd floor loft that can be used as a playroom, office, or extra bedroom. This home has gas heat with central air and is within walking distance to downtown Malvern Borough, local shops, and a park. It is close to the PA turnpike, 202, the R5 and Wegmans. Great Valley School District and low taxes are an added bonus. This home has also been pre inspected for the buyer"s convenience

THE PROCESS OF BUYING A HOME

5/12/2016

 

THE PROCESS OF BUYING A HOME

 

 

Home Purchase

Most people have a strategy when setting out to buy a home. Using a real estate agent who is knowledgeable about your desired area is a positive first step. The search can take a while for some and quickly for others. Either way, your agent can be a helpful resource of guidance through any issues or complications that might come up along the way. Knowing what to expect when buying a home helps. Here are the steps in purchasing a home from the point of view of a buyer:

 

1.After talking it over with Bob, you are ready to submit an offer to purchase the home. The sellers may either accept your offer or return with a counteroffer. This is common and more negotiations may be needed. Your agent Bob can help you through this state which can be stressful.

 

2. Congratulations! The sellers have accepted your offer. When both the buyer and seller have reached an agreement they enter into a purchase and sale agreement.

 

3. To let the sellers know of your intent to buy, you will put down a deposit for the property. The amount of the deposit can vary, but Bob can help with this. This money usually counts towards your down payment later on down the line.

 

4. Escrow is now open. This is where all the funds are held until closing. The funds get distributed to the right people (mortgage broker, etc.)

 

5. Now the buyers apply for a mortgage. If the buyer has already been pre-approved, this step moves a little quicker.

 

6. Title history is now inspected and an appraisal of the property is ordered. The appraisal may show a lower value than the purchase price. The title search may also find any liens or other problems.

 

7. Home inspection time! Your real estate agent will suggest one. The home will be checked for minor and major problems that may need to be fixed before closing.

 

8. When the house passes inspection, the appraisal and title search, then the path is cleared to close.

 

9. When the contingencies are removed and all the financing is set, the transaction can close!

 

10. It is time to pack!

 

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