Whether you like to or not, buying and selling a home involves negotiation at all stages of the process. It is not like the retail world where once you decide to purchase, you pay the price. It is easily the most expensive purchase or sale that most people experience and emotions get involved that could … Continued
Items to Check before a Home Inspection
Selling a home can be a stressful time, there is so much to think about; keeping the home clean, heading out on a moment’s notice to accommodate last minute showings, not to mention planning a move. It’s natural to feel overwhelmed.
Then you get that great offer and enter escrow. You’re relieved until you realize there’s a home inspection coming. Even a home meticulously maintained can have hidden issues. The good news is that you can prepare for the home inspection and make sure you pass with flying colors.
Items to Check before a Home Inspection!
Doors, windows, cabinets and drawers – check that they slide smoothly
Run water in sinks, tubs and showers – snake any that drain slowly
Evidence of water leaks – Garage ceiling, under sinks, around water heaters, etc.
GFIs – check your local code and put GFI plugs where required
Smoke and Carbon Monoxide Detectors must be in working order
Gutters and Roof – replace any missing roof tiles and clean gutters
HVAC – Consider a HVAC servicing to replace filters and check for problems
Water Heater – is it properly strapped and vented
Deferred maintenance – anything that has been neglected should be addressed before
the home inspection
The best defense is a good offense. This is true in home inspections too! The best way to ensure you have a great home inspection is to have a pre-listing home inspection. It could be the best couple hundred dollars you can spend – uncover the issues before the buyer does.
The National Association of REALTORS® just released the Market Recovery Survey of a random sampling to close to 100,000 members conducted June 24-26, 2020. The following statements are the members’ opinion on various aspects of the recovery to the Covid-19 pandemic as it relates to real estate. In response to the safety of buyers, sellers … Continued
The seller can put a price on the home but the value is ultimately, determined by the buyer. Individually, a buyer could pay over market value because they love the location, or the elevation of the home or the proximity to something that is important to them. The shortage of available homes resulting in increased … Continued
$588,000 4 Beds | 2/1 Baths SqFt: 2,635 Sq Ft | Acres: 0.52 Subdivision: Dabbs & Elliott Perfect blend of a California ultra-modern home with a beautiful farmhouse twist!Large Master on main w/ sitting area and luxurious RENOVATED bathroom featuring double walk-through shower w/ spa jets. Renovated stone wall with ventless cozy modern fireplace in … Continued
You’ve done your homework, contacted a mortgage company and believe you are pre-approved. That part of the process is finished and you can concentrate of finding a home and moving…or can you? Pre-qualified and pre-approved are two different things but some people, including some in the business, use the terms interchangeably. Pre-qualified is an opinion … Continued
Paying off your mortgage can provide peace of mind and is a worthy goal but is it the best thing for you to do at this time. Do you have higher interest rate debt currently? If you have credit card debt with double-digit rates or personal, car or student loans, you’ll probably save more money … Continued
Homeowners still have considerable advantages from the amortization of the mortgage and the appreciation enjoyed by most homes even with taking the standard deduction instead of itemizing to take the interest and property tax deduction. There is an adage, “Rent or buy, you pay for the house you occupy.” You either pay for it yourself … Continued
Homeownership is a privilege and a responsibility. Even after decades of owning a home, you may still need some help to handle some of its challenges by focusing on the three “M”s of homeownership: maintenance, minimizing expenses and managing debt and risk. While many people recognize the benefits of annual wellness, financial, vehicle and equipment … Continued
It takes a team of professionals to buy a home like the lender, the appraiser, the inspector, the property insurance agent, the title officer, and others but the real estate professional may play the most critical role. Baking bread seems so simple. There are only four ingredients: flour, salt, yeast, and water; yet, there are … Continued
Homeowners receive a generous exclusion on the gain of their principal residence up to $250,000 for single taxpayers and $500,000 for married taxpayers filing jointly. Most people probably consider the gain or profit in a home to be the difference between the purchase price and the sales price. IRS allows a taxpayer to lower the … Continued