Open House – 5 Things to Look for Before Making an Offer on a House

House hunting can be a stressful process, however, it is exciting to attend open houses and walk around a potential home to see if you are interested. Many buyers get distracted by features that they like in a home that they often don’t notice pitfalls or downsides to the home. Buying a house is one of the most important and expensive purchases you will ever make in a lifetime so it is extremely important that you pay close attention during an open house and look for specific features that could cause problems for you in the future.

Neighborhood Location

The location of a home is a vital component of making a decision concerning this expensive purchase. It is important to understand the local neighborhood before choosing a home. Things to look at include proximity to schools and stores. Walking around a neighborhood is often the best way to learn about the area and get a feel for what the neighbors are like. If you have small children, you should look carefully at the quality of schools as well as crime rates in the area. Crime rates should have a big effect on your decision to move somewhere. Living alone or raising children in an unsafe area isn’t desirable, and if you ever want to sell the house, it could lower the value.

Plumbing Condition

Obviously having running water in your home is no small thing, so it’s important to inquire about the condition of the plumbing in the home as you walk through it. You may have taken the plumbing in an apartment for granted because pipes, hoses, and water heaters are often hidden inside walls or utility rooms. However, if you buy a home with worn and rusted plumbing, the repair costs are expensive. IF a home has a history of severe plumbing problems, chances are you too will encounter problems with clogging, flooding, and other issues that are unpleasant. You want to ask about the plumbing beforehand so that you make sure you aren’t in for years of frustration and expensive repairs.

Vermin Inspection

Homeowners and real estate agents will make sure a house looks perfect during an open house but there might be surprises lurking inside the walls or attics. Learn how to inspect for vermin including rodents or insects that will make living in a home difficult. According to professionals who provide pest control services, things that indicate vermin include droppings, odors, or strange noises. Look for these things as you are walking around, even when inspecting the interior of the home. It is appropriate to ask the owners or real estate agents if they have ever had trouble with pests in the home, just to be sure. Even if they just get occasional ants in the summertime, it is important to know what you are getting yourself into.

Proper Roofing

Chances are that a real estate agent will not take you up a ladder to view the condition of a home’s roof during an open house. However, before making an offer on a new or older home, you must inspect the roof to make sure it does not leak when it rains or snows. You should do a thorough inspection of the exterior of the home, which is a good time to look at the roof. Look for missing or out-of-place shingles, and keep an eye out for crumbly chimneys—those are expensive to replace. Like with everything else, don’t be bashful about asking about the roof to see if they have ever had problems with it. You can see when the last time they replaced it was which will give you an idea of how many years it will be until you need to pay to have it replaced.

Landscaping

Having attractive landscaping around a home makes it more enjoyable for families, however, it can also mean a lot of work. It is important to walk outside the house looking at the shrubbery, trees, and flowers to see the plant life’s condition. If you aren’t into gardening, you could be in trouble if you purchase a house that requires a lot of upkeep. The previous owners might have planted a lot of plants or even vegetables, and if you don’t plan on maintaining an elaborate landscape, it will take a lot of work to clear the yard of everything they have planted, or you might have to hire a lawn crew to maintain the look for you. For some families, maintaining a large and elaborate yard isn’t a big deal, however, if you are not used to that, it could create a lot of extra work for you.

Before going to open houses to view homes, make a list of the things to inspect inside and outside the building. In addition, prospective buyers should make multiple visits to a home on different days and times to really understand the true condition of the home. Parents may want to have their children see the home before making an offer, which is another reason why multiple visits can be a good idea. Don’t make an offer after only one visit, and make sure you ask smart questions to get as much information about the house as possible. Don’t be shy about asking about the history of the home—you need to gather all the information possible in order to make an informed decision before making an offer.

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Home Improvement Advice For New Homeowners

When you buy a house, many people feel the need to make changes to it in order to make it their own and to give the house a homely feeling. Personality is a great thing in a home. Changes can also be made to a home to make it more secure or to give a room more space.


There are many different home improvements that prove popular in the months after a house is purchased. It is not only the inside of the house that can be changed but the gardens and the driveways that come with it.


Some people take the immediate aftermath of the purchase as the perfect opportunity to extend the house, to add conservatories, extension or garages – in short, to make an immediate investment that will instantly add to the value of the home while making it more fit for purpose.


When deciding to make these changes it’s important to make sure they are well-planned and thought through to ensure nothing is forgotten about and no costly mistakes are made. Choosing contractors isn’t always easy and the matter of trust is a major issue for homeowners when it comes to building work. Most people act on testimonials and word of mouth, seeking out builders and contractors who have done a great job for someone they know. In some cases, respected companies can take care of the work.


With a garage, for example, there are many different aspects to be thought about – who will build the new room, what sort of roof will be best, whether an upstairs room will be added at the same time or considered for some stage in the future and of course what sort of garage doors will be used.


Every single piece of work done to the new house has this sort of list attached to it and the one above relating to garages is not exhaustive. The key is to think of all aspects of the job you are about to have done and this means giving an answer to each of the following matters: what, where, why, when, who and, finally but perhaps most crucially, how much.


Homeowners that are able to answer all of these questions to their own satisfaction will have made all the necessary deliberations and will be able to press ahead quite confidently with the work they need or want to have done on their new homes.

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Highlighting your property’s best features

If you’re getting ready to sell your home, make sure that your Orlando realtor does a good job of showing off the things about your property that make it special. Make sure that you take advantage of mentioning anything that sets your property apart from the rest. Sometimes when someone has lived in a house for soo long they tend to not see all the high points that their property possesses.

You’re probably thinking… “Isn’t that my realtor’s job?” The answer is yes, your Orlando real estate agent should have the ability to go through your home and highlight all the extra features that your house brings to the table that the others in the neighborhood don’t. However, not all Orlando realtors are created equal and in my opinion, the selling of a house is just way too important of a transaction to just turn over to someone and hope for the best without making sure that they are doing all they can do to get top dollar for your property.

List of things that sellers commonly forget to mention when selling their home

Over-sized lots.

Larger than average closets.

Sitting area in the master bedroom.

Extra storage space.

Bonus rooms.

Separate entrances.

Beautiful views from the front or back yard.

Walking distance from shops, restaurants, and schools.

Don’t False advertise

As important as it is to make sure that your property’s best features are highlighted, it’s equally important to verify that your Orlando listing agent isn’t making any false statements. If your home is being portrayed as something more than what it is, this can only hurt you as well as your agent. Imagine yourself as an agent on the way to show a listing to a client based on the listing information you saw online, when you arrive at the house you realize that the photos that you viewed online have either been photoshopped or are of a different house altogether!  Some other examples that I’ve seen are neighborhood descriptions such as “newly developed” when “deteriorating” would have been a better match, “move-in ready” instead of “Fixer-upper”, etc.

I guess the moral of this story is, make sure that you follow up with your Orlando realtor and insist that you be informed on what’s happening. Ask to see the live MLS listing as well as any other marketing being done to sell your property. After all, selling your house is statistically one of the most important, if not the most important transaction in your lifetime.

Want to know how much your Orlando property will sell for: click here for your free property analysis.

Sell A house in Orlando

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Do younger Orlando Realtors have an edge over “old school” agents?

More and more young people are choosing to become full time Orlando real estate agents as a profession.  Historically,  real estate has proven to be a great field to be in no matter what the market is doing.  The ones who are able to keep up with what the Orlando real estate market is doing and make changes to their business model accordingly, are able not only to survive in tough markets, but thrive in any market.

Young agents definitely have an edge in the technology department over the “old school” agents that try to resist technology. Being internet savvy is a huge advantage just because of the time you save. Although our office still maintains a paper file on every client, those files are a fraction of the size they used to be thanks to amazing real estate soft wares that are available today.

I’ve been an Orlando realtor since 2005 and I can tell you that technology, as it applies to real estate has come a long, long way in 7 years. One thing is for sure, agents that apply new techniques such social media marketing, maintaining an up-to-date blog, up-to-date website, SEO [Search Engine Optimization], etc. will be much more successful than the agents that do not. The cruel truth is that technology has completely changed the way realtors do business and you have to keep up with the trend or get left behind.

Being a Realtor is like having your own Business

Another reason why so many young people are flocking to the world of  Orlando real estate is the allure of having their own business. Real estate agents are independent contractors that are responsible for marketing themselves and finding their own clients or they don’t get paid.  It’s a great field for self motivated people because they basically have no boss and the sky’s the limit if they’re willing to put in the work. For young and eager agents this presents an opportunity of a lifetime. People that want to be nestled in an office everyday and do the minimum amount of work just to get by, will eventually find a better fit for themselves pursuing professions other than the ever changing world of Orlando real estate.

Helpful Tip on finding the right agent:

Just by typing in the agent’s name and city they work in,  you can find out anything and everything you need about an agent and what they are all about. A successful realtor will usually be all over the internet for they areas that they specialize in and if they aren’t, then you may want to move on to the next candidate.

 

 

 

 

Orlando Real Estate Broker

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Orlando Real Estate remains strong, despite a dip in prices at the end of summer

 

Summer’s gone and Orlando Real estate takes a drop

Prices of Orlando real estate dropped slightly last month for the first in a year. Don’t panic Orlando homeowners, this happens every year at this time. The reason for the drop is mostly due to the end of the peak of the summer buying season. Two facts remain true, Orlando real estate inventory is low and demand for great Orlando properties remains high. As long as these factors remain a part of the Orlando real estate market, sellers will be able to get top dollar for their Orlando Home.

Other factors indicating a strong Orlando Real Estate market

Orlando homes are selling faster and for more than they did a year ago. Studies show that Orlando homes are spending less than 80 days on the market before coming under contract and selling for almost  97% of the listing price. A year ago, Orlando Realty was selling for less than 95% of the listing price, and these properties were listed on the MLS for over 100 days.

Great mortgage interest rates are still being offered by lenders. The average interest rate currently being offered for Orlando home buyers is at 3.78 percent as opposed to a year ago when homebuyers paid an average interest rate of 4.26 percent. This is a huge incentive right now for potential Orlando home buyers and anyone interested in buying real estate in Orlando should definitely take advantage of these historically low-interest rates.

There are more regular listings in the Orlando real estate market than has been in years. Although Orlando’s short sales and REO’s still rule Orlando’s real estate inventory right now, there is another quieter group that is not desperate to sell their Orlando properties.  Believe it or not, everyone one in three homeowners owns their house “free and clear”. This group as well as homeowners with very small mortgages on their home are able to ask for top dollar on their Orlando home and they don’t care if it sells or not. Their way of thinking is “I will sell for the right price and if not then I’m not selling”. I’ve had several clients like this over the years, and homeowners like these actually help to maintain property values up in their neighborhoods because their listing prices remain high and they really don’t care how long it takes to sell.

Right now is  a great tome to sell your Orlando Home

Considering all the factors in play right now with Orlando Real Estate, it’s a great time to sell your home. Whether you need an Orlando short Sale done or you’re o of the few and fortunate people that own your property Free and Clear. If you’re interested in seeing how much your Orlando property will sell… click on “How much is my Orlando property worth?” or you can come and see me for a free consultation and I would be happy to sit and talk with you.

Realtor in Orlando, FL

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