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101 Cheswold Lane
Haverford, PA 19041
Robin Gordon with BHHS Fox & Roach Haverford Sales Office, original listing - (610) 649-4500
$725,000
Conventional
Property
Bedroom
2
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
2081 Square Feet
Property Description
Step into this open and bright unit at 101 Cheswold Lane #4G, a splendid, 2-bedroom, 2.5 bathroom condominium perched on the 4th floor of Haverford's distinguished 101 Cheswold building. Radiating elegance with hardwood flooring throughout, this home is a haven of warmth and refined comfort. As you enter, a generous foyer unfolds into a luminous kitchen adorned with white cabinetry, sleek tile flooring. There is a newer stainless refrigerator, double wall oven, and electric range cooktop. A dedicated workspace and a cheerful breakfast room invite morning light and daily routines with grace. The dining room, a space of sophistication, leads to the living room where built-in cabinetry, glass shelving, a wet bar, and a fireplace set the stage for memorable gatherings and peaceful evenings. Further extending the living space is a glass enclosed sun porch, also accessible from the primary bedroom, a sanctuary featuring dual walk-in closets and an en-suite bathroom with a tub, shower, double vanity, and bidet. A second bedroom, presently arranged as a den, is accompanied by a full bath. A conveniently located powder room in the hallway. Ample storage solutions are provided by numerous closets, two garage spaces, and an extra storage locker. As a resident of 101 Cheswold, enjoy an array of amenities, including a doorman and a library/game room, and a two parking spaces in the underground garage, all while basking in the prestige of one of the Main Line's most sought-after addresses. With its proximity to Suburban Square's shopping, dining, and essential transportation routes, 101 Cheswold Lane #4G isn't just a residence; it's a lifestyle poised for you to claim. Please come see this beautiful freshly painted unit.
Property Information
Lot Size
0 sqft square ft
Property Type
Other-Apartment
Year Built
1982
MLS Number
--
Location
Address
101 CHESWOLD LANE
City
HAVERFORD
State
PA
Zip Code
19041
County
DELAWARE (COUNTY NORTH)
Listing
Name
Phone
(610) 246-2280
Office Name
Office Phone
(610) 649-4500
Agent Name
Robin Gordon
Agency Phone
(610) 649-4500

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.