10 Common Sense Real Estate Rules for Buying a Home

Reblogger Carla Harbert
Real Estate Agent with www.LorainCountyHomeSales.com

Gary L Waters, a Florida Real Estate Agent/Broker, posted a very well written blog on the 10 Common Sense Real Estate Rules for Buying a Home which spells out why location and condition are important regarding values. Sellers' take note - this is good information for you!!

Original content by Gary L. Waters Broker Associate, Bucci Realty BK3064647

The below rules for buying a home is not an all-inclusive list of things to know when buying or selling a home.  Your real estate agent has the complete list - call him or her!

10.  The better the view, the higher the price.  It does not matter what the view consists of specifically (water, preservation area, ocean, pond, etc.).   When it comes to condos add this as well "The higher the floor, the higher the price. "

9.    "As is" does not always mean "as is."   Sellers will sometimes negotiate off a price, make some repairs, or give a monetary concession rather than find another buyer and start all over again.

8.    Gated does not mean secure unless you have a guard on duty.  Having a gate gives a homeowner a nice warm feeling but people can still get into your community.  If you have a manned gate 24 hour a day and perhaps even a patrol then I would suggest you are somewhat more secure.

7.    The outside of the house is almost an indicator of how well the inside is (or is not) maintained.  If the yard is neglected, paint is fading, plants are dead...likely the inside will be neglected as well!

6.    Golf course direct is more expensive than "in golf course community."  If you have a home on or near the green or fairway you will pay more than if it is on the other side of the street in the same community.

5.    A new coat of paint will not change the zip code.  Check the crime statistics.  Check out the school performance.  The house may look great but it is still location, location, location!

4.    Orange and blue will not sell a house except to a Florida Gator fan.  Or garnet and gold or any other school's colors.  Beige, neutral, non-personal sells. 

3.    Some words are the kiss of death.  You have read them all...cozy, cute, TLC, fixer upper, compact, charmer, etc.  Properties are best described by using facts only.

2.    The price is low for a reason.  People do not sell very many things including a house for a significant discount.  There is always a reason for the low price and it is usually because of condition, location, poor view, etc.

1.    Do not believe everything you read - period.  The title said there were 10 common sense rules for buying a home here, didn't it?

 

Buying or selling a home or condo in Brevard County, Florida?  Email me -  I Can Help!

 

Gary L. Waters PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region.

www.moving2brevard.com

 

 

 

 

Read my blogs Florida Homes for Sale Moving to Brevard County, Florida, and  Brevard County Florida Real Estate Information.

 

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Rainmaker
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Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

Carla, love this post - but I take exception to #4 - up here in Gator territory, Orange and Blue will help sell a home sometimes :)

Sharon

Aug 06, 2012 11:03 AM #2
Rainmaker
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Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

Thanks for the re-post of this post. It was, in 600+ posts, the most commented on and the quickest to write. Amazing how many new rules I have received in all those comments!

Aug 06, 2012 10:04 PM #3
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Rainmaker
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Carla Harbert

RE/MAX Omega: Lorain-Medina County Area
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