Ken Henderson

I'm a:	Real Estate Professional
Location:	Abington Philadelphia
Phone:	(215) 868-9515

9 Answers

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About Me

My name is Ken Henderson. I have been in the real estate business five years. Early on I developed a passion for service. This passion motivated me to established some direction for myself.

"It is my belief that we are of the earth, therefore it is my mission to insure that no one with a desire for and a commitment to be denied part ownership of it."

The above is my Mission Statement. It is what I use to guide my interaction with client and customers. It has also led to my decision to align myself with Prudential Fox & Roach Realtors - Jenkintown. Prudential Fox & Roach allows me the ability to offer my buyers one stop shopping and sellers high visibility.

While the majority of my sales are within the city limits, becoming a force in Abington Township real estate is my desire.

The majority of my clientele are young professionals that require the level of service that I provide. These services include attention to detail, patience and effective communications.

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Ken Henderson's Answers (9)

I want to purchase a home with the equity that I have from another home I own...My question is....Can I?

Asked Sun Jun 8 2008, 13:49 by T - Philadelphia - Home Buying - 6 answers

Ken Henderson answered:

The answer to your question is yes.

My biggest concern with your question is whether you plan to use this equity to purchase another home outright. Or will you use it as a down payment.

To purchase a home outright will leave you with one mortgage, while to use the equity as a down payment would create two. Either way you may first want to speak with your lender for a little guidance on how to accomplish your goal from a money standpoint. - Mon Jun 30 2008, 18:38

T, if you are going to be purchasing the new home without a mortage when you get the home equity loan, it may be tough even having the offer accepted because proof of funds will likely be required prior to the execution of the the agreement. - Thu Jun 26 2008, 13:28

Question removed

Asked Mon Apr 28 2008, 14:32 by Laurie - Collegeville - Home Buying - 13 answers

Ken Henderson answered:

Laurie, you are thinking about this all wrong. The process of the relocation company isn’t important. The price that they pay for the home is isn’t either. They are in real estate to make money not to give it away.

What you call a fair price is subjective. Let’s face it; you are looking for a good deal. Yes, there are some out there, but every seller is not going to jump.

When the time comes for you to sell your home you want a Realtor that will work on your behalf as diligently as the agent who is working for the relocation company. Obviously accepting your offer was not in his clients’ best interest.

Your agent should be able to find other properties owned by relocation companies, but these companies negotiate hard. A deal may be easier with a REO. - Sat Jun 28 2008, 15:36

I have had my house onthe market for about 2 months now. We're selling FSBO so we realize the volume of

Asked Tue Jun 10 2008, 10:12 by Deborah Jones - 19001 - Home Selling - 15 answers

Ken Henderson answered:

Deborah, I am a resident of Roslyn as well as a Realtor out of Dan Helwig Realtors. It’s not unusual for either party to want a three month settlement. So, just inform your prospects of this condition from the start. The issue when it comes to this is whether a buyer’s pre-approval or mortgage commitment will extend until that time.
I see that you are also thinking of reducing the price in a month or so. Reducing the price may not increase the volume of prospective buyers, but what could is enlisting a Realtor to assist you in marketing you home. This will also insure that your home is priced properly, which should help it to sell quickly and to help to negotiate your settlement requirement. - Sat Jun 28 2008, 14:50

We have had at least 1-2 showings everyweek since we've listed, but only recieved one unrealistic offer so,

Asked Thu Jun 5 2008, 06:33 by Jason - 19464 - Home Selling - 11 answers

Ken Henderson answered:

Jason, I am predominantly a buyer agent. Buyers want three things, location, price and condition. So, if a buyer wants to move into your area, the price first of all must be realistic, and the condition must be considered. So, I agree with my collegues, you and your agent may want to revisit the price and/or condition of the property. - Sat Jun 28 2008, 07:32

Can you negotiate the price on a foreclosed home?

Asked Tue May 27 2008, 06:24 by Jenette - Philadelphia - Home Buying - 10 answers

Ken Henderson answered:

Jenette, yes. Keep in mind that banks can be a bit tougher negotiator than most. It is true that they aren't in business to own real estate, but also understand that they are not in business to just give it away. - Thu Jun 26 2008, 13:18

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