Treasure Coast Real Estate News & Market Insights

This Treasure Coast real estate blog originated out of a need to provide valuable Treasure Coast real estate market information to our clients and website visitors. The tips, trends, news articles, market updates, and informational pieces you find on this site are our original content, and we take a lot of pride in being about to offer you expert information about the Treasure Coast real estate market. If you have any thoughts, ideas, or questions about anything we post here, we'd love to talk with you!

April 16, 2019

Questions to Ask Your Treasure Coast Home Inspector

Ensure your buying a Treasure Coast home that's in good condition by asking these before, during, and after the inspection.

Not all home inspectors are equal. As a matter of fact, there are a ton of terrible inspectors, and a few great professionals that do a wonderful job when their clients are buying a home and trusting them to spot out any potential problems. If you're wondering why this is important, read what a home inspection is and why you need it. The home inspection is one of the most critical steps of the Treasure Coast home buying process and it shouldn't be overlooked. It's during this time that a home buyer will find out anything that's out of working condition in the property, and be able to renegotiate with the seller. 

Neighborhood on Treasure Coast

What is your background?

Often times, home inspectors will have past careers in similar fields such as construction, general contracting, or other similar field. Find out what disciplines they are most comfortable with and make sure you have them spend as much time as possible giving you insight in that respect. If your home inspector was a licensed electrician in the past, get their feedback on how to fix any electrical issues, what companies have the best reputation with professionals, etc.

How long have you been a home inspector?

Inspectors with a lack of experience can cost home buyers a lot of money if they can't spot things out of working condition that are in plain sight. Keep in mind than many contractors aren't trained to spot certain things, especially those not in their wheelhouse, and that going with your Cousin Jim because he is "handy" could cost you thousands of dollars. If you're looking at Treasure Coast homes, and have questions about this, give us a call and we can clarify this.

What do you charge?

Typical home inspections should run between $300-500 and include a wind mitigation report and termite (WDO) inspection. This will vary based on the size of the home. You will also have to pay for an additional Four Point inspection if the home is 30 years or older (this is needed for insurance). 

Do you have any references from past clients?

Go with someone that either (1) referred by your real estate agent, or (2) has a great reputation with local residents. Ask them for testimonials and call past clients as well. 

What is out of working condition?

In your report from the inspection, there should be a summary that lists everything out of working condition. Most of it will be redundant (e.g. bushes close to the house, cracks in sidewalks), so you'll have to talk with your agent, your family, and possibly a contractor, to discuss (1) what needs repairing/replacing, (2) what that will cost, and (3) how you can negotiate to get some of the items fixed by the seller before you buy the property.

What needs to be looked at by a certified/licensed contractor?

Your home inspector can tell you when something is out of working condition, but a licensed contractor will often be the one to give you a repair estimate or a more accurate diagnosis. The inspector is highly trained to spot out issues that even a general contractor may not see, however they typically aren't going to be privy to the repair estimates unless they have experience in the field. Many individuals buying a home will have licensed contractors double check these issues.

Can you elaborate on _____?

After you get your home inspection report, don't be afraid to contact your inspector with any questions or advice on issues that arise. When you are buying a home on the Treasure Coast, it is typical for home buyers to negotiate for items out of working condition during the inspection period of a Purchase and Sale Contract, so you'll want to ensure you have all of the information when you share it with the other party. 

 

Posted in Home Inspections
March 26, 2019

Martin County Flood Zone Information & FAQ

Extensive information on where Martin County Flood Zones are, what Flood Zone types exists, and what they mean to homeowners.

Knowing where the Martin County flood zones are and what they mean to you as a homeowner can provide a lot of value when there is a large storm on the horizon and it can save you a lot of money when you are shopping for insurance. Below, you can find FEMA's flood zone map for Martin County, as well as a break down for what the different zones mean to you, and how they can cost you as a homeowner. If you are searching for homes for sale, give us a call and we can clarify any questions you might have.

martin county flood zone map

FEMA Flood Zone Map (Martin County): http://mcgov.maps.arcgis.com/apps/webappviewer/index.html?id=4b72b96cb58c4e49bbb25ecb5313f681

Flood zones are split based on risk. The different colors will lend varying risk and often mean that homeowners with a mortgage will have to carry certain levels of insurance coverage. Knowing if your house is in these Martin County flood zones could be the difference between a home seeming affordable or otherwise. Below is a list of risk break downs so you know what they mean when you see them on the flood zone map.

 

Moderate/Low Risk Flood Zone

Zones B & X, C & X

If you are buying real estate in Martin County that has this flood zone type, flood insurance is available but usually will not be required by a lender.

 

High Risk Flood Zone

Zones A, AE, A1-30, AH, AO, AR, A99

While many of these Martin County flood zone classifications vary, the important factor for homeowners is that they all require flood insurance coverage. A comprehensive breakdown of each of these zones can be found here: https://snmapmod.snco.us/fmm/document/fema-flood-zone-definitions.pdf. Many of the names address the base flood elevation and annual chance of flooding.

 

High Risk Flood Zone (Coastal Areas)

Zones V, VE, V 1-30

Areas in Martin County with these flood zone classifications are high risk and also pose an additional hazard from storm waves and other coastal velocity hazards. Mandatory flood insurance will apply to anyone buying a waterfront home with a mortgage in these areas.

See all flood zone classifications here: http://www.floodmaps.com/zones.htm.

 

If you have any other questions about where the Martin County flood zones are, what they mean, or how you can get the best coverage possible, contact us at any time. We are at your disposal to make it easier for you to find, own, and thrive in your Treasure Coast real estate.

 

 

 

Posted in Tips & Advice
March 5, 2019

[MORTGAGE HACKS] Tips for Making Your Mortgage Effective & Easy

Must-know tips & tricks for getting the most out of your mortgage in Martin & St. Lucie Counties! 

If you are planning to get a mortgage on the Treasure Coast, this article will address some tips to ensure the entire loan starts and ends smoothly. It is geared at anyone holding a mortgage, or getting pre-approved for a mortgage in Martin County or St. Lucie County.

1. Plan Your 30-Year Mortgage Like It's a 15-Year

As most people know, interest rates are much better for buyers financing a 15-year mortgage than a 30-year mortgage. Many people, however, don't want to commit to 15-year terms and still want to benefit from the pros associated with the shorter loan. If you are buying a Treasure Coast home, get cost savings by simply paying off your loan faster. One end of the spectrum, doubling your monthly payment, will allow you to pay off the loan before 15 years. Alternatively, you can simply pay a few thousand dollars towards your loan principal whenever you come into cash and that will save you a multiple of the amount in interest and years on the loan.  

2. Put a Stop to Private Mortgage Insurance

If you're getting a mortgage on the Treasure Coast, the best way to avoid PMI is to simply put down 20% or higher. Additionally, if you put money into remodeling your home, or if home values have increased, after purchasing, you may be able to knock off PMI by getting a new appraisal through your bank and showing your mortgage is 80% or less of the current value.

3. Pay Your Mortgage Bi-Weekly

Save money on interest by paying your mortgage every two weeks. If you buy a $200,000 home on a 30-year mortgage, paying biweekly would save you over $20,000 assuming a 4% interest rate. This is not paying any more in principal during that time! This tends to work better for home buyers that want to put more money towards their loan but want a schedule to hold them accountable. You can add $50-$100 to a payment to further-increase the amount you will benefit.

4. Check Your Credit Report for Errors

Before looking at homes for sale on the Treasure Coast, or contacting your lender, get a free credit report and ensure there aren't any mistakes. You would be surprised how many times things like this can happen and how easy it can be to rectify these issues by simply contacting the credit bureaus.

5. Know Local Loan Programs

Many buyers qualify for loan programs that will allow them to avoid needing a down payment, get state or federal grants towards closing costs, and lower interest rates based on other factors. Many won't find out because they do not talk to the right lenders and/or get multiple opinions for their mortgage. If you are looking to buy Treasure Coast real estate, and get pre-approved beforehand, contact us to get hooked up with the best mortgage lenders on the Treasure Coast!

 

Feb. 14, 2019

Documents Needed for a Mortgage Pre-Approval [CHECKLIST]

What you need to get pre-approved to buy Treasure Coast real estate.

Getting these documents to your lender will make for a quick mortgage pre-approval process and get you ready to start looking at Treasure Coast homes. This should be the first step before you even think to start looking at what is on the market, because it gives you an idea of what you can afford and how to finance a Treasure Coast home. You'll also learn what loan programs you qualify for and get an estimate for your closing costs and total cash needed to buy a home. These are all the steps you'll want to get covered: 

Treasure Coast Mortgage Pre-approval

1. Proof of Income

Verifying your income is usually an easy step. For W-2 employees, you'll usually want to have two years of tax returns and two most-recent pay stubs handy. Self-employed individuals will usually need a couple of years of profit and loss statements and tax returns for their businesses. If you are a contractor, you'll also need your Form 1099 that you get from your employer. If you have other income, such as rental properties, include that also to further increase your case. Along with your income information, your lender will likely call your employer to verify your occupational status all the way up to the day of closing!

2. Proof of Assets

Borrowers should have 60 days of activity for each asset-holding bank and brokerage accounts. You'll also want to include other retirement and investment accounts such as IRAs, 401k, mutual funds, stocks, CDs, and the like. 

3. Debt Liability

Your debt-to-income ratio is very important when getting preapproved for a mortgage. Before you start looking at Treasure Coast homes, list all of your monthly debt payments (credit cards, other mortgages, student loans, etc.) and give that to the lender. Also let your lender know if you intend to sell a Treasure Coast home that you currently own, perform a 1031 exchange, or rent out your current residence. You'll also want to let your lender know if you will be getting gift funds from friends or family members to help fund the transaction.

5. Personal Documents

When you go to get prequalified for a mortgage, bring your driver's license and social security card so your lender can make copies. You'll have to sign to give them approval to pull your credit report and then they'll probably request additional paperwork from there.

6. Other Things to Consider

Additional documentation will usually be requested if an individual has undergone a bankruptcy, divorce, foreclosure, or other similar life event.

If you are still in the beginning process of getting pre-approved for a Treasure Coast home, work on paying down debts, increasing credit score, and ramping up your income if and when possible. This will allow you to get a lower interest rate and dictate for yourself how much you want to spend on your future home. If you have any specific questions, or want help getting pre-approved for a mortgage, contact us today.

Feb. 12, 2019

5 Habits to Break (or Never Start) as a Homeowner

These unsightly and distasteful habits need to be kicked to the curb, or strongly avoided, before costing you big bucks as a homeowner. 

From a real estate agent's perspective, it is agonizing to see homeowners settle into bad habits that reduce the value of their home, cost them thousands of dollars in maintenance, and usually don't benefit the person's well-being to begin with. The worst part is that most of the time, the person is completely ignorant of the effects and externalities their habits are having on their financial health (and possibly physical health as well). So here are five habits that you, as a homeowner, need to avoid and/or drop at all costs.

1. Smoking in Your Home

smoking in home

I have shown clients an uncomfortable amount of Treasure Coast homes that have a smell of tar and smoke. No matter how much you think you are masking the smell - replacing carpet, painting rooms, lighting candles - even non-smokers can tell when they visit a property that has been habitually smoked in. Not only does this severely devalue your home when you want to list it, but the maintenance costs (if you keep up with regular maintenance) can be astronomical with the damage this does to A/C systems. Whether you want to sell your home in the future, save on maintenance costs now, or keep a more comfortable guest, the smoking needs to be kept outdoors at all times. 

2. Being Unorganized

Messy House

When any room in your house is cluttered to the point where you cannot see some of the floor or walls, you can have some major maintenance problems that may be avoiding you. One major problem I have seen is when a home inspector gets into an attic and sees an active roof leak, which the homeowner never noticed because before that day it was disorderly and filled with random boxes. Another issue is when pest problems and leaking cleaning supplies go unnoticed because temporarily unneeded items get thrown into their default location in a garage or closet. Along these same lines, you should be very organized with any maintenance or work you've had done to the home - when it was done, what it cost, and who did it. This will allow you to convey this to future buyers, and will give you a contact point should anything break down in the years after the work was done.

3. Neglecting the Yard

The curb appeal of your home is invaluable, and overdue landscaping can be costly or even impossible when you finally decide to rectify the problem. Even if you are living in condos on Hutchinson Island, and don't have a "yard", the exterior presentation of your property is important and needs to be kept up. This means regularly washing windows, pulling weeds, trimming bushes, cleaning downed branches, etc. If large trees or shrubs are getting out of control, get them taken care of before it is too late. 

4. Not Setting Boundaries for Pets

Pet in House

Most people have close relationships with their pets, so it is difficult for them to set boundaries. When a homeowner asks me what to do about their pets to ensure their home can be shown in the best light, and ultimately result in them getting a high offer for their home, they usually already know my response before I say it. Allowing pets on furniture can cause an unappealing smell and unsightly dander and fur that turns off guest and potential home buyers. The pet's food and water should also be in an area out of site and on a solid flooring so as to no absorb any mess or overflow. Going back to the third tip, do not let your dogs dig in the yard, and if they do, fill it in immediately. When someone goes to buy a home, they want to see pride of ownership. Even if something may not be a big deal to you, it's a sign of something greater to them. 

5. Avoiding Regular Maintenance of the "Big 4"

You should have a plan of servicing your plumbing, electrical, roofing, and HVAC system on a monthly, semi-annual, and annual basis. Take care of these items and everything else should be an afterthought. When you go to sell a Treasure Coast home, buyers will see value in knowing that you have a maintenance schedule, and it will save you time in money when they have a home inspection done. Common sense treatment of these items - replacing air filters, only flushing toilet paper, etc. - should be top of mind so you are treating these four major bones of your home well and keeping them in good working condition.

Posted in Tips & Advice
Feb. 11, 2019

Selling Your Home: A Step-by-Step Guide for First-Time Home Sellers

This real estate guide will reduce the stress and uncertainty that many people feel when it comes time to sell your Treasure Coast home.

When any individual or family decides to sell their house, they quickly realize that a real estate transaction can be more unforgiving and difficult than they could have ever imagined. Many different parties come together to create home sales, and since there are so many moving pieces, there is a large margin for error. Using this guide, you'll be able to minimize that margin and sell your home with minimal stress at a great market value.

Find the Market Value with your Real Estate Agent

The first step will be finding a value that the market will dictate for your property. Call your Treasure Coast real estate agent and set up a meeting, so they can be prepared with the latest comparable sales and other relevant market and neighborhood data. Because every area is different, your Realtor can help you get hyper-focused to determine the fair market value of your home. This is always the first step in the home-selling process, because the price you will want to be comfortable with your home valuation, and your real estate agent's marketing plan, before deciding to list your home for sale or spend all the time that goes into prepping your home to show well.

Prepare Your Home for Sale

Getting your home ready for the market can mean a myriad of things for different people. Some will do nothing, and others will go above and beyond to ensure the home sells quickly and for top-dollar. When you prepare your home for listing, the first thing you should think of is getting a home inspection so that any major issues that may come up with a future buyer can be addressed ahead of time. Many weary and first-time home buyers will see value when an owner has made important repairs before selling their home. The last thing you'll want after getting excited to sell your home is finding out that the roof is leaking or that your electrical isn't to code.

Simultaneously, you'll want to rethink the space in your home, and the word to remember for this is declutter. When staging your home for photography and showings, you want potential buyers to see the space, not your belongings, and for this less is always more. This means clearing and cleaning your counters, shelves, and coffee tables. You'll also want to eliminate items that can cause a buyer to have second thoughts about the condition of the home - this includes ash trays, cat litter boxes and other pet items, etc. Your home should look clean, but also lived-in.

Show Your House Like it's On HGTV

So by now, you have gotten with your real estate agent, decided on a fair market value for your home, gone over their marketing plan, and have prepped your home to hit the market. The next thing you'll get is a call from your agent to schedule showings for potential buyers. These first impressions are vital, so here are a few tips to ensure your home is in it's best light during showings:

  1. LEAVE. Buyers will spend less time in a home that is occupied because they feel they are encroaching on your space. They also won't talk as much among each other about the home and the space it offers.
  2. Maximize Lighting. Turn on every light in the home, and open the blinds so natural lighting can enter as well. When lit, rooms look larger and more inviting.
  3. Target the Senses. Playing some soft piano music and lighting some candles can leave a great impression on buyers and get showings off to a great start.  
  4. Enhance Curb Appeal. Make sure that your lawn is mowed regularly, your house numbers can be easily read, your windows are washed, and any pressure-cleaning has already been done.   

Entertain Offers & Negotiate the Sale of Your Home

Before getting to closing, you'll want to work with your real estate agent to make sure you're getting the highest net amount for your property. Talk with your agent about the estimated bottom line for any offer you get, and compare that with other important items, such as contingencies, important dates, and financial qualification. Many buyers know how to make a strong offer on a home when they are motivated, so a strong offer on your home will tell you a lot about how sold they are on your house. Once you have accepted an offer, your real estate professional will be in charge of keeping tabs on all of the parties involved to ensure a smooth closing.

Posted in Tips & Advice
Jan. 28, 2019

Client Quotes: The Best Home Buying Tips I Ever Got

We asked clients what the best home buying advice they ever received was, and how it helped them save time, money, stress, or all of the above!

Overestimate the Cost of the House

"We really got into the numbers for our home, and it paid off. We got a lot of estimates from the lender you hooked us up with as far as monthly payments, closing costs, insurance premiums, and the like, so that was a good start. We had friends who said to make sure we budgeted for everything, and we did - from monthly maintenance and pest control to moving costs and utility bills. We bought homes in Palm City before, so being able to put everything in a spreadsheet and have you negotiate for that bottom line was invaluable." - Spencer S 

Understand the Steps to Buy a Home

"I know this might be trivial, but for us the best home-buying advice was when right before we bought our Port St. Lucie house with you - we sat down in your office and you laid out the process for us. It took away the uneasiness - the anxiety and unknown - of buying a new home. We didn't know how to finance a home, or what our options were, and we didn't know when anything would be done or what our role was. After that meeting with you, we were ready to go because once we understood the process and felt comfortable, we were really ready to go." - Marcia & Tom H 

Your Real Estate Agent Matters!

"The first home we purchased, we used a family friend, because we didn't really know what a Realtor did. We just figured they were all interchangeable essentially. When we were referred to you guys to help us with our current home, we realized the difference in agent capability and just how valuable having a great local real estate agent can be. Especially when the buyer is typically not paying the commission, it makes sense to make sure you have the best representation in your corner before buying real estate. We've talked about it frequently, that you have saved us thousands of dollars and plenty sleepless nights." - Carol B

Know How a Treasure Coast Property is Valued

"Until I got pre-approved and started seeing homes with you, I didn't really understand the science behind what affects the value of a home. Being able to talk with you and say, 'OK, these four homes sold in the last few months and this is how their condition and location and everything compare to this house', it really opened everything up to me. It made the house purchase so common sense because we're so used to this HGTV type of thing where you just make an offer and see what happens. What a terrible idea. You need to go over the comparable sales, what's going on in the area, how the market is doing - but that's why people hire you, right?" - Stacey L

Posted in Tips & Advice
Jan. 25, 2019

What To Do Immediately After Closing on Your Home

New Home Owners

You've signed the papers and have the keys to your new home - Congrats! Now what...

Working towards closing on a new home is a process in itself. First you learn about different ways to finance your home, then you go through the labor of negotiating on a home, and then you work your way to the closing table. But your job isn't done then! Sure you have your movers scheduled and your utilities set up, but there are some other things that you should have on your to-do list in the hours and days after closing.

1. Safely Store Closing & Mortgage Documents

When you leave closing, you'll have a copy of the mortgage, title insurance, survey, and many other documents that you signed or are simply pertinent to your ownership of the home. Take a minute to store them in a safe place in case you ever want to look back on anything for reference. Much of this material will be beneficial when you go to sell your house as well. 

2. Change Door Locks

You truly never know who had a key to the home that you purchased, so it is always a good idea to spend the small amount of money on replacing and entry locks. This is something that shouldn't wait more than a few days after closing on your new home.

3. Set Up a Home Maintenance Check-List

Do a quick search for weekly, monthly, and annual maintenance points, and set up a routine for you to look after your appliances and fixtures to ensure everything is in proper working condition. When the time comes to sell your Treasure Coast home, you don't want the buyer of your home to have a home inspection and find a surprise. This step will save you thousands while you own the home and when you decide to sell the property. 

4. Paint & Clean BEFORE Moving In

If you plan to paint any walls or replace any carpet (both great ideas), it is wise to do it before you start moving furniture into your new home. I know you think you will get to it eventually, but my experience had told me that if you don't do it before moving in, it will stay on the to-do list for years. Also, much of the smell inside of a home is in the paint and flooring, so replacing, touching up, or cleaning those will allow you to start from scratch with your own scent in your new home.

5. Inform Friends & Colleagues of Your Move

Within a day or two of closing, you'll want to notify the USPS of your new address so they can forward any mail that goes to your previous home. Many home buyers also send out cards to friends, relatives, and work colleagues to alert them of the move. Other parties to think about include banks (and credit cards), schools your children attend, and any subscriptions for newspapers and magazines. When you buy a home, you'll naturally set up internet, phone, and cable, so that should work itself out.

6. Meet the Neighborhoods

Why wait on meeting the people around you? Host a house-warming and neighborhood welcoming party at your house and meet the people you will be sharing many smiles and waves with the next few years. The best means of security in a neighborhood are watchful neighbors, and they double as an emergency contact if anything goes wrong.

7. Update Important Documents

Now that your permanent address has changed, you'll want to update that on your driver's license, vehicle registration, voter ID card, etc. If you are filing for homestead exemption, you'll want to get this done before you apply.

Posted in Tips & Advice
Jan. 23, 2019

Making a Strong Offer: How To Place an Effective Bid on Treasure Coast Real Estate

Tried and true home-buying tips on making an acceptable offer for homes on the Treasure Coast.

When most buyers, especially first-time home buyers, think about making an offer on a home, the first thing that usually comes to mind is the purchase price. And make no mistake, the price you pay for the home is important, but it is only one of many factors that determines how attractive that offer may look to a seller. If you are looking to buy homes on the Treasure Coast, this article should provide some interesting information. While it is specifically written for our area, you can really use this blueprint in most states in the US.

Put Ample Amount of Skin in the Game

Part of a great offer includes an Escrow Deposit, where the buyer of the property gives funds to a third party as good-faith money in the event that they default on the contract. Think about it, if you are selling a home, when you accept an offer you are effectively taking your home off the market. If you're going to commit like that, you will want your buyer to be as committed as you are. If you have a question about specific amounts, contact us.

Plan the Closing Date Appropriately

Talk to the seller about their plans before you make an offer. That way, when you make an offer, everyone's timelines already align. If you have to wait six months to close, that may not work with the seller unless they have similar plans. Whatever the case, you want to have an idea where the seller stands so that you can make the best home offer possible.

Get Pre-Approved for a Favorable Financing Option

There are many different ways to finance real estate, but you should be pre-approved before you even think to look at homes. Not only because you want to know what you want to spend, but also because you never know which loan program will be the most advantageous for you and what homes will suit that financing. When a home seller sees that the offer is contingent on the buyer getting financing for the property, they want to ensure that (1) the loan officer is reputable, (2) the buyer is qualified, (3) the timeline for the approval is sufficient, and (4) the type of financing is appropriate. 

Negotiate Who Pays for Title Agent and Title Policy

Another negotiable aspect of a purchase offer is who pays "title", meaning title insurance and associated searches/fees. Title insurance typically costs around $5.75 per thousand dollars of purchase price for homes up to $100,000 and $5.00 per thousand dollars for homes greater than $100,000, so this cost can seriously vary and become a huge negotiating factor. Whoever pays also determines the closing agent, which some parties also see as beneficial. Contact us if you have questions about this, and know that when the time comes to place an offer, this is one other factor that will determine the bottom line of both parties.

Don't Get Greedy with the Inspection Period

Have the inspection done as soon as possible. When the seller sees that the buyer wants a small inspection period (also known as "due diligence period"), they know that they aren't simply trying to tie up the property and that they are serious about their intentions to purchase the home. When you make an offer that is contingent on having a month to have an inspection, most sellers will assume that the buyer is not serious, and most importantly will not be comfortable taking the home off the market from other potential buyers for that long.

Posted in Tips & Advice
Jan. 22, 2019

The Most Important Repairs to Make Before Selling your Home

Keep the value of your home from falling by making these critical repairs before putting it on the market.

Before you decide to sell your home, you want to ensure that every buyer will see it in its best light and that each showing will exemplify the value that your home offers. Before listing your property for sale, this article will go over some crucial repairs to make that a future buyer may or may not see, and could cause you to get low offers or poor inspections down the line. Keep in mind, this article covers repairs of your home, which ensure the home is in good working condition and that a buyer, or a home inspector, don't see things that will cause unnecessary negotiation. This is separate from upgrades, which are usually cosmetic, optional, and boost the value of a home.

 

Faulty Appliances

Repairs House Real Estate

If you have a kitchen appliance, air conditioner, etc., that is not functioning, it is almost always best to take care of the problem yourself. Any potential buyer will usually imagine a much higher estimate to fix a problem than it would cost you to simply make the repair. It could also lead to a buyer backing out of the deal if the item is not disclosed beforehand.

 

Clean/Repair Flooring

Flooring Stuart Home 

In South Florida, our flooring gets more weathered than anywhere else in the country. The rain, dirt, and year-round humidity can take a toll, and potential buyers will be turned off by soiled tile grout, ripped carpet, and dinged-up wood floors. When we are consulting our clients before they sell any of their Treasure Coast real estate, we always recommend making any necessary replacements and a nice deep clean.

 

Water Stains

treasure coast house

You might know that the water stain in the ceiling is from a decade ago, but a buyer will see that and instantly think they have a problem. Any evidence of water damage to the walls, ceiling, or cabinets should be immediately fixed. Have a plumber or contractor come out to ensure there isn't any more leaking occurring, and then cover up the issue. These kinds of things can even cause problems during some home appraisals if they are FHA or VA, because they are protecting the home buyer from potential issues.

 

Pet Damage

Pet Damage in House

Whatever devastation your pets have created, fix it as though there was nothing there. If your house reeks like cat, deep clean the carpets, if your cute puppy scratched at the bedroom door every morning, replace it. Minor pet issues get potential buyers thinking about how responsible and diligent the owner was about the rest of the home, and before you know it they're wondering what else they should be worried about. 

 

Repair Walls

Fixing Wall in House

If you are moving out before starting to show the house for sale, be sure to cover your tracks after you remove TV wall mounts, picture frames, and shelving. Also, if you ran into any walls while moving furniture, don't overlook that. Do some minor dry-wall patching and painting to make the walls look like new again, and you will retain more value out of your home for it.

Posted in Home Improvement