|
Ray Peckham Real EstateSurfside Real Estate TipsSurfside Disclosure RuleTypes of Material Defects for Surfside might include any known structural deficiencies or building code violations. Material Defects might also include defects in walls, ceilings, floors, windows, foundations or electrical or plumbing systems. If you are selling in the summer and the place usually floods in the winter that is a material defect that is not going to be obvious to a prospective buyer. When you are contemplating the possibility of selling your Surfside you might want to ask yourself what you would want to know about the property if you were planning to buy it. If a condition or situation would be important to you, disclose it and disclose it in writing. As a seller, this is your strongest protection against future litigation. Surfside Homebuyers QuandryBefore you begin your next home search, make sure the Surfside you have is Market Ready. If painting or landscaping or repairs need doing, get them done. If you are going to go out house-hunting you may save yourself a lot of heartache and headache if your house is ready to be listed at a moment’s notice. In many cases the amount you expect to realize from your existing Surfside real estate will determine the price you can afford to pay for your next home. Start with a Comparative Market Analysis so you will know about how much you can afford to spend. 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. Buying a Surfside Fixer-UpperThis, of course, depends on the condition of the Surfside home and the estimated cost of the repairs you must make. Surfside real estate in a good neighborhood that is priced about 25% lower than others that are in good shape may be a good deal if it simply needs cosmetic or minor structural repairs. If the house is a gut job, that is the entire inside will be torn out and rebuilt the 25% rule may work and may not so estimate your costs as closely as possible. Shopping by neighborhood makes good sense when considering the purchase of a fixer upper. As a buyer, the more you know about the Surfside homes in a particular area the better able you are when it comes time to judge whether or not a home your are considering meets the financial parameters you are looking for. Green Remodeling Your SurfsideReduced 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. When Surfside Does Not SellLet’s say a home is in excellent condition but simply messy. The cat box needs changing, the dog dish is a mess, the dishes haven’t been put into the dishwasher and the beds are not made. Should these conditions affect the price of the Surfside? No, but they do. Take two identical houses next door to each other and priced the same. The sparkling clean house will sell much faster than the messy house and the messy house will more than likely sell for a lower figure. This is true of Surfside as well as real estate nationwide. When a home does not sell, the owners tend to think that the REALTOR didn’t do a good enough job of promoting the property. There is a difference among agents and brokers and some will promote a property more than others. However, the main and most important method of promoting Surfside for sale is listing it in the local MLS. |