As an agent in the area, I would suggest you get a professional consult. You can get a great deal of local information from a Realtor who knows the area. Also, looking online by oneself can be self defeating in a hot rental market. The areas you are looking in fit that description. More semi rural than suburban in some areas, there is not a huge number of rentals to begin with. Using a Realtor and the MLS can keep you abreast of what is coming Onto the market.. faster and with more consistency. My opinion is from al the years working with clients, if you find a real estate professional who you are comfortable with, you will save yourself time and get a shot at the best properties on the market. Keep in mind that the Landlords have lots of people to choose from.... and working with a Realtor who will help that landlord with pre screened tenants gives you an edge.... more
I believe it can go either way. Hankin is a large outfit and do a decent job on the sites they do build on. If you are looking for country living I am not sure that is where you are going to be. Suburban sprawl is taking over and will continue so any where you see open land some day with out a doubt will be developed. If you want security in your investment buy a property with no surrounding land that can be developed. Atleast you know what your getting and can have a sense of controlling the neighborhood market, Its like predicting the weather.. Even the weather man cant say..... more
Same as everyone else here, I am not an attorney and my comments should not be construed as legal advice. Please consult an attorney for specific advice for your situation.
In the PAR Standard Agreement for the Sale of Real Estate section 11(C) you have the option to elect the Deeds, Restrictions, and Zoning contingency. If you elected that contingency, you can review the title report within the contingency period and make decisions about whether to complete the transaction based on the report.
If you waived the contingency, you would not have the option to terminate or further negotiate the agreement even if the information was available to you within the inspection period. You must elect the contingency to exercise it. If you chose to terminate the agreement, and you waived the contingency, you would be in default.
The only restriction disclosure that I am aware of on the Sellers Property Disclosure is for Historic Preservation deed restrictions.
As with all terms, conditions, and contingencies in the Standard Agreement of Sale, the risk is with the buyer. Buyers are advised to understand all contracts thoroughly and perform appropriate due diligence in real estate transactions.
Sorry, that's probably not the answer you wanted to hear. I wish you all the best.
Keller Williams Real Estate
Exton, PA 19341
Office: (610) 363-4300... more