Rivercrest, if the property abuts the nature preserve. I own in Rivercrest Estates and our prices have held up better than expected during the past several years. My guess is that Rivercrest will appreciate much more than LEDERACH on comparable homes in the $500 k plus arena over the next 10 years.

You can avoid the mechanical lien issue by requiring your builder to post bond to cover any deficiencies. See the bond and check with the bonding company.

Interested in Rivercrest? 16 Goldfinch is a beautiful property that has just been reduced by $50,000. The multiple system number for your reference is 5502183. A guided tour is available at http://view.guidedtour.tv/site/foxroachtrend/tour/891112/tour.htm. Please call me if you would like to take a closer look. My e-mail address is mikemelroy@msn.com

Thanks

Mike

Hi Afrolatin. First of all, I congratulate you for putting such great thought into your home purchase. I don't think you can go wrong with either development (I happen to live 5 minutes away from Rivercrest....a truly wonderful community). As noted by my colleagues below, each offers its own unique amentities, features, etc.

I just did a quick MLS search in both developments and found that there are currently 39 homes available. If you'd like, I would be happy to email you these for your perusal.

If you haven't yet hired a Buyer's Agent to represent you, I'd appreciate the opportunity to EARN your business! Feel free to call me direct at (610) 324-5240 with any questions you may have. It would be my pleasure to assist you in any way that I can.

Good luck and blessings to you.............

Warmly,
Judy

Judy May, Esquire, REALTOR
"A Refreshingly Different Real Estate Experience" http://www.JudysFineHomes.com
Judy.May@Century21.com
CENTURY 21 Alliance
2828 Audubon Village Drive
Audubon PA 19403
O: (610) 666-0202 x. 226
C: (610) 324-5240 (preferred)

I do understand your levels of concern for both the appreciation vs. the long-term time frame for new construction. Living less than 3 minutes from Rivercrest and the new shopping center being built in Collegeville, i can tell you first hand that the Collegeville area is an amazing place to be right now. You can see more about the shopping center on my blog: http://activerain.com/blogsview/916182/providence-town-cente…

As far as comparing the 2 communities (since both are golf course communities i am assuming that you have some interest in that country club feel). Rivercrest is a private golf/country club while Lederach is open to the public. Where at Rivercrest you can have that private country club feeling with more amenities. Lederach definitely doesnt have all the amenitiies that Rivercrest does, but the country club feel also comes with a heftier price tag.

That being said there are plenty of resale units also available in Lederach so there wouldn't have to be a waiting period for those units in the neighborhood. So it all depends ultimately what the best "feel" for you is.

I would be happy to discuss more in length with you if interested. I look forward to speaking with you if you already are not working with a buyers agent who is representing your best interests.

Andrew Himes, CRS, ABR, e-PRO
Prudential Fox & Roach Realtors Collegeville
Andrew@AndrewHimes.com
267.231.8255

Afrolatin,
I am sure there will be other agents that are intimately familiar with the specific neighborhoods you are asking about - I am not, but I can offer some food for thought.

Right now, you can find some VERY good deals on resales. The great thing about that is that you can take advantage of the great interest rates that available NOW. Who knows how long they will stay historically low. They have jumped about a point in the last week but now are currently at 5.5% for a 30yr conventional fixed rate loan. So who knows exactly what they will do.

On the positive side for new construction, you know that when you go to sell, if it is not terribly to far in the future, that you will have one of the newest homes available, possibly with some of the latest upgrades, which will help tremendously with resale. Buyers will be more likely to choose that over a more date home.

Plus when the market turns around in the near future, a new construction home will probably appreciate at a bit greater of a rate than something older. But there is no telling for sure because the location has much to do with it too.

In the end, whatever agent you choose to represent you - which you absolutely should have someone representing you even and especially with new construction - that agent can do the necessary research to help you understand the market that that specific home exists in, so you can make an educated decision.

Good luck, and I hope this is helpful.

For more resources, feel free to visit my blog all about Chester County real estate at http://chestercountyrealestateguide.com/


Warmest Regards,
Chris LaGarde
Buyers Specialist
The Cindy Dickerman Team
Keller Williams Real Estate

About me \ http://cindydickerman.com/meet_chris_lagarde
Twitter \ http://twitter.com/chris_lagarde
Email \ chris@cindydickerman.com
mobile \ 484.995.9318
Office \ 610.363.4300
Fax \ 610.363.4399
Web \ http://www.cindydickerman.com
100 Campbell Blvd,Suite 106,
Exton, Pa 19341

PA License #: RS300476

Good Morning,

Now is a wonderful time to purchase a home. You are correct with your concerns regarding interest rates and the New Construction situation. Rivercrest is a beautiful development and so close to the New Shopping Mall as well as major arteries. Yet it is tucked away in its own neighborhood and well cared for. You are also close to Downtown Phoenixville, just a short drive, to all of the shops and restaurants. Be sure to join us this Friday Evening for 1st Friday! I'm sure you will agree that it is a great time.

I reside in Phoenixville and my office is located 5 minutes from Rivercrest. If you are interested I'd be more than happy to show you the properties that are currently available. Be sure to get representation from a Buyer's Agent. It costs you nothing to do so and it's best to have someone working in your best interest. Good luck with your decision and always feel free to contact me with any questions.

Jennifer Daywalt, Realtor
Re/Max Results Realty
Top Agent 2004, 2005, 2006, 2007, 2008
610-999-7693 Direct Line
610-489-7355 Main Office
Sellinghomesjenn@aol.com