Ray Peckham Real Estate

Surfside Real Estate

Surfside Real Estate Cycles

What makes most sense is the "buy and hold" strategy. Buy a home you expect to remain in for at least seven years or more. Surfside is no different than most, although the Surfside market does have it's own special circumstances.

Want to get a clear and up-to-date picture of the Surfside real estate market? Call me at any time. I am happy to share my knowledge of the real estate market with homeowners and prospective homeowners who want to take advantage of market trends to buy and/or sell wisely.

Surfside Homebuyers Quandry

First time Surfside homebuyers have their issues to deal with and homeowners who want to move up, down or sideways have an entirely different set of problems. A homeowner’s first task is to counteract human nature. Humans must be genetically programmed to find their next home and then scramble to sell the one they have so they can afford the one they want. The Surfside market is no exception. Of course, this is contrary to good sense but since most people will go ahead with the Buy then Sell approach.

Surfside Homebuyers Quandry

When you find the home you want to buy you may make an offer contingent upon the sale of your existing Surfside. In a Seller’s Market, offers with such contingencies are not well received because the seller must remove his home from the market while you sell yours. However there are times when this kind of offer is successful, even in the Surfside market. A backup strategy might be to put in your offer with a very long escrow giving yourself time to sell your home. Very few sellers will accept these kinds of contingencies or long escrows if your house is not already on the market.

Buying a Surfside Fixer-Upper

Some Surfside investors concentrate on buying fixer-uppers, making repairs and upgrades then selling for a profit. Going with a Surfside fixer-upper can also be a smart way for those who are handy to buy a home in a neighborhood that they might otherwise be unaffordable. Fixer-uppers are a wonderful opportunity for those who simply love to create their space to their own specifications but for whatever reason do not want to start with a vacant lot.

Best to know the extent of the job and whether or not you are up to it before you buy. Some Surfside fixer-uppers simply need cosmetic work such as paint, wallpaper, carpeting and maybe kitchen appliances are fairly easy to estimate the costs for fixing. Surfside homes that need minor structural repairs such as roofing are also fairly easy to cost estimate.

Green Remodeling Your Surfside

Reduced material waste and resource conservation. When remodeling your Surfside, there is often a large amount of construction waste: 136 million tons of waste annually, or about 20% of the waste in landfills, according to the EPA.

If you are planning to remodel your Surfside anyway, going green offers money-saving advantages. In addition to increasing the value of your home, you will cut monthly operating costs, reduce waste and improve overall health.

Surfside BENEFITS

A benefit is an advantage or something that promotes or enhances well-being. A Surfside benefit might be its location, its home styles, its diversity and/or its proximity to major highways, employment, education and shopping. Whether or not any of these factors are or are not a benefit depends entirely on the point of view of the potential buyer. For example, being close to a major airport might be important for someone who flies a lot and an annoyance to someone who never flies and dislikes the noise of airplanes flying overhead.