Ray Peckham Real Estate

Facts About Surfside Homes for Sale / Buy and Sell Wisely

Negotiating the Sale of Your Surfside Home.

Some say that the “Devil is in the Details” and these last two steps are full of details as buyers make offers contingent upon certain conditions being met by the seller and sellers make counter offers in the process of closing your Surfside home. Once there is agreement, however, many details still remain in order to finalize the sale.

Surfside Real Estate or Homeowner’s Insurance

While it is necessary to have Surfside Real Estate or Homeowner’s Insurance, there are ways to reduce your premium costs.

One: Raise your deductible. Deductibles are the amount you must pay towards a loss before your insurance company starts to pay. You can save costs on your overall policy by increasing the amount of your deductible. For example, according to a Federal Government paper on lowering Surfside insurance costs, you can save up to 12% on your rate if you go with a $500.00 deductible rather than a $250.00 deductible.

Surfside Real Estate Cycles

One problem with attempting to time your purchase to the business cycle is that even experts have problems accurately predicting the future economy. Even when they can, the Surfside market does not necessarily move in tandem with the stock market or the economy as a whole. Surfside is a unique situation.

When the economy is doing well, interest rates are generally higher. The result is that fewer people can afford houses, and Surfside is no exception. When the economy slows down, interest rates fall, the "affordability index" moves up and more people can afford houses. The Surfside market will take the lead.

Bitten by the Surfside Home Improvement Bug?

Money isn’t everything however so that if the most important consideration for remaining in your Surfside home happens to be the school where your children attend or the proximity to your work or to a particularly attractive recreational opportunity then remodeling may be the best option. On the other hand, if the idea of having your Surfside house torn up for weeks at a time makes your blood run cold, it really doesn’t matter how much money you might make turning a fixer-upper into a model home. You will be far better off selling the home you have and moving to a home that better fits your needs.

Surfside INVESTMENT

Investing in Surfside as a second home or as a rental has many advantages. But before you invest, it is a good idea to acquaint yourself with the actual sales price of similar properties and to get a picture of the Surfside market in general. Please contact this office for detailed information on Surfside market

Surfside SAVINGS

Everyone wants to buy the home of their dreams at the lowest possible price. Here is a tip for making the best Surfside buying decision. Make sure you know the actual real estate values in the area or areas where you plan to buy so that when you come across a home priced below market, you will know it.