The home inspection process is an opportunity for discovery... to provide buyers insights about the condition of the home as a part of their home buying decision making. A study of 50,000 home inspections were analyzed and results summarized on RepairPricer.com. These are national findings and give you some insights into the more common findings.
Naples is known to attract home buyers looking for a golf lifestyle because we have over 90 championship courses in town. If you are going to consider golf communities, it is important to understand some up front overview information. This 15-minute video provider some good insights to get you started.
FIRPTA? I know, that sounds like you should say excuse me after you say this out loud. Perhaps you have never heard of FIRTPA or perhaps you have but haven't a clue what it is or how it could possible relate to real estate. FIRPTA stands for The Foreign Investor Real Property Tax Act (FIRPTA) and requires non-residents to pay a 15% withholding tax on the sale of any U.S. Real Property Interest. Even if you are not a Foreign Investor you should be aware of what this is because it could impact you if you the person on the other side of a sale or purchase is.
I never encourage anyone to waive their rights to a home inspection. Only on very rare occasions may it make sense to waive this because this is your one opportunity to do due diligence on a property before being contractually committed to purchasing it. Buyers have two decisions to make on the home inspection... which inspections to get and who to hire as the inspector. I have composed this article from a bunch of other articles published to help guide you through those decisions.
In some parts of the US, home warranties are very common as a part of a home purchase. In fact, in some of those areas they are offered by sellers as a common part of the sale of a home. In SWFL, they are not as common and are almost never offered by the seller. However, there may be times when it is worth the buyer purchasing a home warranty as part of the transaction.
COVID-19 has caused people to have to adapt to circumstances caused by this pandemic. For some, additional financial pressures may have arose causing them to think about their obligations and how to best manage them. This is a resource to explain some mortgage relief options.
Composing an offer for a home you are interested in purchasing has many components to be considered. Understanding the purpose of an earnest deposit helps you weight out how you want to utilize the earnest deposit as one spoke in the offer wheel.
For buyers coming to Southwest Florida from other areas, flood is always on their minds when it comes to purchasing property especially since flood risk may be a new concept to them. A nonprofit research firm called the First Street Foundation unveiled a searchable website this week that allows homeowners to find detailed flood risk information on specific properties nationwide.
About once or twice a year, I have the honor of being interviewed by Realtor.com to contribute to an article they are working around that somehow relates back to Naples or beach living. Today, I was interviewed about outdoor living and what is popular in Naples for an article that will be published next week.
Build is exciting... you have the opportunity to build your home just as you want it. It is also an important investment with many decisions to make and considerations to weigh. Here are 23 questions that will come in handy when evaluating different new build options. Of course, having a real estate professional by your side who is familiar with the build process can help tremendously and costs you nothing as a buyer.
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