Ray Peckham Real Estate

Surfside Homes Values / A Guide for Buyers and Sellers

Surfside Real Estate Contract Options

Less common types of agreements include what is known as a “One Time Show,” and “Exclusive Agency,” and an “Open Listing” agreement. The One -Time Show and the Open Listing are similar and are often used by homeowners who wish to sell their Surfside real estate on their own but will agree to pay a commission to an agent who brings a qualified buyer for the home. A Surfside homeowner may agree to an Open Listing with several agents and also agree to a One-Time Show to any agent who has an interested buyer.

Surfside Disclosure Rule

If you are contemplating the purchase of an existing home or any Surfside, I strongly recommend that you utilize the services of a trusted home inspector. The final purchase of any home should be based on obtaining a favorable home inspection. Surfside is no exception to this rule.

What if the home inspector discovers a problem? That happens and as long as it happens before the sale is final the seller can fix the problem or the buyer who agrees to take the property as is can negotiate the price. Any questions regarding Surfside, just give me a call.

Surfside: Art and Science

Buying a piece of Surfside real estate is a science but buying your Surfside home is an art. The science part involves getting the legal and financial parts down while the art is finding the Surfside property that you’ll be happy with.

The total universe of possibilities within the universe of Surfside real estate is quite diverse but narrowing your search ahead of time will help keep things in perspective.

In general there are two phases to any Surfside real estate search. In the first phase, you get a feel for the different areas and an idea of what is being offered at what price. In the second phase, you search for the Surfside real estate that meets all or most of your specifications.

Taking Title to Your Surfside

Each owner has a separate title to an undivided interest in the entire property. Each owner is allowed to sell, mortgage or give away his/her interest. Any number of people can take Tenancy in Common ownership of Surfsideand husband and wife may choose this option as well. When an owner dies, his/her interest passes by will to his/her heirs. In other words, there is no survivorship right.

Each owner has an equal interest in the Surfside. If one owner dies, that person’s share of the property passes automatically to the other without going through probate. Any number of people can take ownership under Joint Tenancy and husband and wife may choose this option as well.

Community Property. Only husband and wife can take title to Surfside in this way. Title is in the community

Surfside BARGAINS

A bargain exists in the mind of a buyer when entering into an agreement to exchange goods when the buyer thinks the price is favorable. Bargains can always be found in the Surfside market if a buyer is patient and willing to wait for a truly motivated seller. In economic downturns many people believe that foreclosures and short sales are automatically bargains when, in fact, this may not be the case.

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.