wellington fl home buyers: NO Home is in Perfect Condition
- 03/08/11 12:18 PM
NO Home is in Perfect Condition Over the last decade I've attended more home inspections then I can count and I'm here to say NO HOME IS IN PERFECT CONDITION.A home inspector will ALWAYS find something wrong with a house regardless of its age and this includes newly constructed homes. Sometimes the repair list is simple and short while other times its large and overwhelming, but the bottom line is an inspector will have a list of needed and/or recommended repairs every time. Little things add up and it is not uncommon for the estimated repairs to total $2,000 or more. However … (14 comments)
wellington fl home buyers: Why is my Wellington Florida Closing Delayed? Part 3
- 02/23/11 02:06 PM
Why is my Wellington Florida Closing Delayed? Part 3 There are several reasons why your Wellington Florida closing might be delayed and this is Part 3 of my series: "Why is my Wellington Florida Closing Delayed?" Today I'm going to share another reason why your closing might be delayed. When there is a Title Defect, which is when there is an unresolved claim against the seller's property, it can delay your Wellington FL closing. Having a "title defect" also known as a "cloud" on the title prevents a marketable title, which means the property cannot be sold until the title … (0 comments)
wellington fl home buyers: Is Under Pricing a Home FALSE Advertisement?
- 02/11/11 12:22 PM
Is Under Pricing a Home FALSE Advertisement? One of my clients recently submitted an offer on a Bank Owned (REO) property in Wellington Florida and without even reviewing the comparables I knew the home was under priced, which is common with REO properties in this area. Instead of pricing the home at market value a REO listing agent will under price the home to draw multiple offers.After sitting down and reviewing the comparables with my client and explaining the purpose of this strategy they felt this was "false advertising."While some people don't agree or understand this strategy under pricing a home in … (9 comments)
wellington fl home buyers: Show me the Money and I'll Show you the Houses!
- 11/23/10 01:46 PM
Show me the Money and I'll Show you the Houses! Yep, the words "I'm a Cash Buyer" mean absolutely nothing unless you have a suitcase full of money or the documentation to prove it. Technically ALL buyers are cash, the only difference is where the money is coming from, your personal account or your mortgage lenders. A while back a potential buyer contacted me and wanted to see a particular property right away. She claimed to be a cash buyer, but refused to provide documentation to prove it. I know not all people are comfortable providing personal information like this, but … (41 comments)
wellington fl home buyers: Short Sale Red Flag #1: Knowing if the Seller still owns the property
- 11/05/10 01:43 AM
Short Sale Red Flag #1: Knowing if the Seller still owns the property As a Realtor working with Wellington Florida home buyers showing Short Sales is commonplace. Unlike most Traditional and Bank Owned Sale there are several questions I will ask the listing agent prior to showing their listing. By doing this I save my client a lot of time and possible future aggravation along with myself.The other day I contacted 6 Short Sale listing agents.Agent #1 Responded within an hour and could answer all of my questionsAgent #2 Responded within an hour, couldn't answer all my questions, but took a … (9 comments)
wellington fl home buyers: Looking to Buy a Home in Wellington FL?
- 11/04/10 06:58 AM
Looking to Buy a Home in Wellington FL? If you are looking to buy a home in Wellington FL there are just a few things you need to decide before starting your Wellington FL home search.AFFORDABILITY: How much can you afford to spend? If you need financing this number vary. Just because you are approved for $400,000 does not mean you will be comfortable with the monthly mortgage amount after property taxes, homeowners insurance and possible HOA fees are added on. More on Why you need to get pre-approved before looking at homes.TIME FRAME: How soon do you want/need to move?The … (5 comments)
wellington fl home buyers: Finding the Home is the EASY Part
- 10/27/10 07:10 AM
Finding the Home is the EASY Part I absolutely love looking at homes, which is the fun and easy part of my job as a REALTOR. Although on average I only show buyers 1-15 homes before they go under contract, so the fun usually doesn't last long.I'll never forget the time my client went under contract on the second home I showed him. Upon acceptance he told me "this will be your easiest commission check ever." I knew that statement was the kiss of death and I was right. That transaction turned out to be one of the hardest transactions I've … (7 comments)
wellington fl home buyers: What DO Wellington FL Buyers WANT in a House?
- 10/17/10 03:23 PM
What DO Wellington FL Buyers WANT in a House? I recently wrote about what a majority of my Wellington Florida Home Buyers DON'T want in a house, so now I wanted to share with you what a majority of my Wellington Florida Home Buyers DO want in a house.Coming up with a list of "WANTS" is probably the easiest part of the home buying process for most buyers. Who hasn't thought about what they want in their dream home? Here are the 3 most common things Wellington FL Home Buyers have told me they WANT in a home:1. Open Floorplan: This … (2 comments)
wellington fl home buyers: Thinking about Investing in your Home? Homeowners Beware
- 09/27/10 08:23 AM
Thinking about Improving your Home? Homeowners Beware In my experience it's rare a buyer finds the PERFECT home. Some homes simply need a fresh coat of paint to make it perfect while others need to be gutted. Since property values have been declining over the years I've advised several homeowners, new and old, to be careful about improving/upgrading their home. Most homeowners consider making certain improvements because they have no intention of moving anytime soon, but sometimes life changing events happen that are out of our control like death, illness and job loss, which may force us to sell our beloved home.If you … (7 comments)
wellington fl home buyers: Wellington FL Under Priced Homes For Sale
- 07/15/10 04:48 AM
Wellington FL Under Priced Homes For Sale It's true there are several under priced homes for sale in Wellington FL, which was recently voted one of the "Best Places to Live" by Money Magazine. Although the real question is "are these under priced Wellington FL homes selling for that low asking price?" In my experience as a professional REALTOR® selling Wellington FL real estate the answer is NO. Residents of Wellington FL have known for decades that it's been one of the "Best Places to Live" prior to making Money Magazines Top 100 and so do most Wellington FL … (3 comments)
NO Home is in Perfect Condition Over the last decade I've attended more home inspections then I can count and I'm here to say NO HOME IS IN PERFECT CONDITION.A home inspector will ALWAYS find something wrong with a house regardless of its age and this includes newly constructed homes. Sometimes the repair list is simple and short while other times its large and overwhelming, but the bottom line is an inspector will have a list of needed and/or recommended repairs every time. Little things add up and it is not uncommon for the estimated repairs to total $2,000 or more. However … (14 comments)
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