The Benefits of A One-Year Home Warranty

         Home warranties are designed to provide buyers with peace of mind, but there are often a lot of questions surrounding how they work. In a nutshell, home warranties provide coverage for appliances and system in your new home by either repairing or replacing them. Typically, home warranty coverage is purchased in one-year increments, and there are a variety of coverage levels.

          It can be a good negotiating tool for after a home inspection, especially if a home inspector finds that some appliances are toward the end of their life. In a competitive market, sellers may offer these home warranties to prospective buyers as an added incentive.

           If you’re in the market to buy a house and would like a home warranty, be sure to talk to your EveryHome agent. He or she can ensure that you will be provided with a comprehensive home warranty from a reputable company.

Source: Everyhome.com

Million Dollar Real Estates for Sale around Bryn Athyn

I thought it is always fun to look at the most expensive homes in the hood. Here are couple of them for my followers. Click on the links for more photos.

Huntingdon Valley

25 photos Huntingdon Valley Huntingdon Valley PA 19006 Lower Moreland Township Lower Moreland Township School District Montgomery County

Asking Price $2,600,000 Cash@Closing™ $18,320 Bedrooms 5 Full Baths 6 Partial Baths 5 Interior Sq Ft 16130 Acres 5.43 Age 17 Heating Gas Heat Fireplaces 3 Cooling Central Air Water Public Sewer Public Garages 4 Basement Full Finished w/OE Taxes (Year) 58216 Association No Pool In-Ground

Listing Courtesy Quinn & Wilson Q

21 photos Huntingdon Valley Huntingdon Valley PA 19006 Lower Moreland Township Lower Moreland Township School District Montgomery County

Asking Price $2,375,000 Cash@Closing™ $13,940 Bedrooms 5 Full Baths 5 Partial Baths 3 Interior Sq Ft 6372 Acres 1.84 Age 7 Heating Gas Heat Fireplaces 3 Cooling Central Air Water Public Sewer Public Garages 3 Basement Full Finished Taxes (Year) 23078 Association No

Listing Courtesy Weichert Realtors-Jenkintown W

25 photos Brentwood Huntingdon Valley PA 19006 Lower Moreland Township Lower Moreland Township School District Montgomery County

Asking Price $1,499,999 Cash@Closing™ $10,560 Bedrooms 4 Full Baths 5 Partial Baths 1 Interior Sq Ft 6233 Acres 1.76 Age 213 Heating Oil Heat Fireplaces 3 Cooling Central Air Water Public Sewer Public Garages 3 Basement Partial Taxes (Year) 19199 Association No Pool In-Ground

Listing Courtesy BHHS Fox & Roach-Center City Walnut P

25 photos Long Lane Farms 1 Huntingdon Valley PA 19006 Lower Moreland Township Lower Moreland Township School District Montgomery County

Asking Price $1,450,000 Cash@Closing™ $10,210 Bedrooms 6 Full Baths 4 Partial Baths 1 Interior Sq Ft 6641 Acres 1.29 Age 28 Heating Gas Heat Fireplaces 3 Cooling Central Air Water Public Sewer Public Garages 2 Basement Full Taxes (Year) 16245 Association No

Listing Courtesy Wynn Real Estate, LLC W

25 photos Huntingdon Valley Huntingdon Valley PA 19006 Lower Moreland Township Lower Moreland Township School District Montgomery County

Asking Price $1,395,000 Cash@Closing™ $8,180 Bedrooms 4 Full Baths 4 Partial Baths 1 Interior Sq Ft 4580 Acres 1.04 Age 16 Heating Gas Heat Fireplaces 2 Cooling Central Air Water Public Sewer Private Garages 3 Basement Full Finished Taxes (Year) 15399 Association No

Listing Courtesy BHHS Fox & Roach-Southampton P

14 photos Inverness Huntingdon Valley PA 19006 Lower Moreland Township Lower Moreland Township School District Montgomery County

Asking Price $1,199,000 Cash@Closing™ $8,440 Bedrooms 4 Full Baths 3 Partial Baths 2 Interior Sq Ft 4200 Acres 1 Age 0 Heating Gas Heat Fireplaces 1 Cooling Central Air Water Public Sewer Public Garages 2 Basement Full Taxes (Year) ? Association $750 / A

Listing Courtesy Weichert Realtors-Jenkintown W

Home Sale Contingencies 101

Buying a new home while selling your current home sounds like it can be confusing, but it doesn’t have to be! Typically, folks in this situation put their home up for sale once they scope out the market and get their financial ducks in a row. Once their home is on the market, they begin to seriously look at new houses and (in a perfect world) they put an offer in on a home when they get an offer on theirs.

Of course, sometimes it’s not always this easy. Maybe you’re struggling to sell your house for the amount that you’d like, or maybe there aren’t any homes on the market that you’d like to purchase. A home sale contingency is one solution.

Here’s one common scenario: You just put your home up for sale, and your “dream home” pops up on the market. Its priced well, its move-in ready, and you just know that it’s not going to last on the market for very long. But you haven’t had any offers on your home yet. So what do you do? A home sale contingency is one option. When you submit an offer on a new home, you may elect a home sale contingency stating that you must have your home under contract before a specified date, otherwise the contract is null and void (and your deposit money remains intact). The catch? The sellers may have the right to continue to market their home, but you will have the right of first refusal should they receive any serious interest.

Some lucky ducks don’t need a home sale contingency, because they may be in a financial situation that permits them to secure a mortgage without having to sell their current home. Of course, nobody enjoys paying two mortgage payments…but it might allow you a little extra flexibility time-wise. As always, ask your lender or EveryHome agent for the most personalized advice.