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Do Your Homework Before you Buy a Melbourne FL Home

By
Real Estate Broker/Owner with M & M Realty of Brevard Inc. BK629999

  

Do Your Homework Before you Buy that Melbourne FL Home by Sandy Shores Broker

Before buying a Melbourne FL house it's important to do your homework, first. When you find a house you like, go back and take a second look inside and out, at a different time of day than your first look.  And, then ask questions and then ask some more.

Today, buyers are sharper than ever. They don't miss much and some ask a lot of questions. I like that.

When you find the house that suits your wants, needs and your budget, it's time to pull that list of questions out and start asking. There are so many things to take note of and to consider, first.

How high does the house sit compared to the middle of the street?

Is there sufficient drainage?

Are there signs of standing water; mold and mildew on sidewalks, on patios, decks,  or near the house?

Is the house close to or on a main street? How much traffic travels on the street?  How loud is it? 

Where is the nearest railroad track, airport and major highway?  How loud is it?

Is there easy access to and from main roads?

Are there vehicles parked out in front along the street? Is parking allowed on the streets at night?

Where do boats have to be parked?

What do the neighboring properties look like?  How are the neighbors?

Is there a Homeowners Association?  Make sure to ask for a copy of the association covenants and by laws. How much are the annual fees?

Are there any upcoming assessments?

How close is the house to schools, shopping and dining?

What school district is the home in? You may have to contact Brevard Public Schools on this.

Is there school bus service to the neighborhood for all grade level schools?

Is there an alarm system? Is it owned or rented? Is it monitored?

Is there city water and sewer?

What's the age of A/C system inside and out, roof, hot water heater and appliances?

Are the appliances electric or natural gas?

Are there storm shutters for all the windows and doors?

If the house or the  roof is newer, you may consider having a wind mitigation done on the house, for a possible insurance discount.

Is the house wood frame or concrete block?  How much will insurance be?  Is flood insurance required?

Is there a termite bond on the property? Is it a repair and retreat bond?  How much is the annual renewal?

Are the houses in neighboring properties higher or lower priced than the area you are considering?

How much have similar properties recently sold for? What is currently for sale and under contract? What didn't sell in the neighborhood? Can you tell the reason why?

There are so many more questions to ask and things to consider prior to making an offer on a house. Do your due diligence first.

Whether you are looking for an investment property or a house to call your own, be sure to take note of your surroundings and ask the right questions. Look around so you become familiar with the area. It can save some headaches down the road.

Remember, it's also important to ask these same types of questions when thinking about building a Melbourne FL house.

NOTE: This is just a sampling of some of the items you may want to take note of or ask before choosing a house to buy. Consult with a Realtor for a more thorough list.

Do Your Homework Before you Buy that Melbourne FL Home

Sandy Shores, Broker

Melbourne FL Real Estate

Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

It always helps to have an established Broker like Sandy Shores Broker, Melbourne Real Estate to help guide you and help you with the answers to your homework...

Feb 02, 2015 06:23 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Excellent list of questions, Sandy! Have a great day!

Feb 03, 2015 01:20 AM
Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Thanks Paul, for the kind words! I love working with buyers to assist them in purchasing a home that suits their wants and their needs!

Feb 03, 2015 06:36 AM
Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Thanks Gary, my friend. You know how important it is to be sure to help our buyers dot their i's and cross their t's.

Feb 03, 2015 06:50 AM