Suburban West Realtors Association
Suburban West Weekly
February 12th, 2020
IN THIS ISSUE
  • Delaware County Starts Sending Out New Tax Assessment Info

  • Association Seeking Nominations for Community Service Awards

  • Local Market Statistics Reports Now Available for January

  • Association Office Closed on Monday, February 17th

  • Starbucks Morning: The Three Ds of Selling Real Estate - Death, Diminished Capacity and Divorce

  • Calendar of Events 
 

 



Delaware County Starts Sending Out New Tax Assessment Info

Delaware County is in the midst of sending out notices in three waves of tentative property values in conjunction with the county-wide reassessment. Property owners will have just 10 days to sign up for informal hearings to address issues about that valuation.  “What’s important to note is you have 10 days from the date on the notice of the letter that you get,” Delaware County Councilwoman Christine Reuther said. “You have 10 days and it’s a strictly enforced limit because we’re going to take down the sign-up options to sign up for an informal hearing if you are concerned that your valuation does not reflect the amount for which you can sell your house.” 
In 2017, Delaware County Court of Common Pleas Judge Charles B. Burr ordered a reassessment to address an apparent lack of uniformity in violation of the Pennsylvania Constitution. The data collection stage has been completed, as have the site visits and now, starting February 14th, the county will be mailing out the first wave of value notices to addresses on file with the Delaware County Assessment Office. That will be followed by three waves of mailings about 10 days apart. Property owners who do not agree with the valuation have 10 days to request an informal review of their property by scheduling an appointment by calling 888-773-7056 between 8:30am and 4:30pm Monday through Friday or by visiting www.Tylertech.com/DelCo. All informal hearings will be completed by May 15th and the final and updated property values will be sent in July. At that time, formal hearings will begin with the County’s Tax Assessment Appeals Board. All hearings - both the informal and the formal appeals - are free to the public. More information about the reassessment can be found here.
For more news items from the Suburban Realtors® Alliance, click here to access their Weekly News Briefs.

Association Seeking Nominations for Community Service Awards

Are you or someone you know doing great work serving the community? We want to hear about it!
Suburban West is now running its inaugural "Making a Difference" Community Services Awards initiative. This program's objective is to recognize active Realtor® members who are making an extraordinary impact on their community through volunteer work. Multiple winners will be selected in the Spring by an appointed leadership task force and these winners will receive grants ranging from $2,500 to $15,000 for their US 501(c)3 nonprofit organization and then be recognized at an Association event.
Please note that Realtors® may nominate themselves or may be nominated by someone else by filling out the Community Service Awards Application and returning it to the Association office by the deadline of March 20th, 2020. Click here for full rules and eligibility. Questions? Contact Kristin Tornetta.

Local Market Statistics Reports Now Available for January

With the assistance of BRIGHT MLS, Suburban West helps members communicate the latest real estate market conditions in the area with a set of reports: Monthly Residential Market Reports for area school districts and counties.
These reports are vital to keep yourself knowledgeable about market trends and to demonstrate to buyer and seller clients the most up-to-date and accurate local housing information available. Access the most recently published monthly reports for January here.
Please note that an assortment of reports are also available to all BRIGHT MLS members at www.brightmls.com. Once logged in to the site, access the Market Research tab to access the various reports. If you have questions or requests regarding the reports, please call 610-560-4800. 

Association Office Closed on Monday, February 17th

The Suburban West Realtors® Association office will be closed on Monday, February 17th in observance of President's Day. The office will reopen on Tuesday, February 18th at 8:00am. Please take note of this closure as you consider any business you may have with the Association. And remember, that you can always visit the Association's virtual office at www.suburbanwestrealtors.com.

Starbucks Morning: The Three Ds of Selling Real Estate - Death, Diminished Capacity and Divorce

From who should sign the listing contract and agreement of sale to seller disclosure and the documents necessary to complete settlement; transactions involving the sale of an estate, owners with diminished capacity or subject to a divorce have their own set of concerns.
Join Suburban West on March 6th (10:00am-11:30am) for Starbucks Morning: The Three Ds of Selling Real Estate - Death, Diminished Capacity and Divorce to review the issues, know what questions to ask and understand what to do with the answers. Click here to register (once logged in, scroll over "Events" and click on "Upcoming Meetings").
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Suburban West REALTORS Association
1 Country View Road, Suite 201, Malvern PA 19355
P: 610-560-4800 | F: 610-560-4801
Association of REALTORS School
1 Country View Road, Suite 101, Malvern PA 19355
P: 610-560-4900 | F: 610-560-4801
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