The Importance of a Home Warranty Imagine you have just closed on the purchase of a home. You move in and everything is great. The third day you are in the house, you go to run the dishwasher and - nothing. The lights come on but you never hear … Continue reading Home Warranty?
Property Inspection Anyone buying a house would be foolish not to include a property inspection as part of their due diligence. A property inspection is a mechanism in the contract that allows a potential buyer to have a third-party inspector to check the house for defects. For new construction, you have a choice. One before … Continue reading The Property Inspection Report
I recently spoke about over-improving a property but today, I’m going to talk about under-improving a property. In some ways, it’s tragic when someone under-improves a property. It typically means less money for what might be a great home. What does under-improving look like? Broken light switch covers Broken outlet covers Chipped paint Dirty hand … Continue reading Minor Defects Affect Pricing
Don't Overdo It Have you ever entered a home and thought - wow! What a gorgeous pool, or what a nice outdoor kitchen and space? I’m talking about upgrades to a home. It’s an area people think about a lot when it comes to their home. But what happens if you go too far with … Continue reading Over-Improving A Property
What is a Buyer's Market? By definition, a buyer’s market is one where there are more than seven months inventory of homes available for sale. What does that actually mean? It means that if no one puts other houses up for sale, there will still be houses for sale up to seven months later … Continue reading The Buyer’s Market
What Is A Neutral Market? By definition, a neutral market is one where there are between four to seven months inventory of homes available for sale. This is actually the best market to be in. Why? Because there is a healthy competition for homes in the market. Also, the prices for … Continue reading The Neutral Market
What is a Seller's Market? By definition, a seller’s market is one where there are fewer than four months inventory of homes available for sale. What does that actually mean? It means that if no one puts another house up for sale, there will be no more houses … Continue reading The Seller’s Market