Showing posts with label Real Estate Listings in South Tampa. Show all posts
Showing posts with label Real Estate Listings in South Tampa. Show all posts

Thursday, August 11, 2016

6 Crucial Questions to Ask before Buying a South Tampa Waterfront Home



6 Crucial Questions to Ask before Buying a South Tampa Waterfront Home

 

Before you start looking at homes in South Tampa, you need to ensure that you are prepared for the home buying experience. While it is impossible to be fully prepared for all that is to come, knowing the right questions to ask can make the home buying process easier and smoother.
Being prepared and well informed will help you buy the best real estate in South Tampa. Read this!
Here are six questions you need to consider before making a final deal:

1. Can you show me a recent property sales report to show what the house is worth?
As a buyer, this is one of the most important questions that you need to ask. Before purchasing any South Tampa area real estate for sale, question the agent why they think the house is worth what they are selling it for. You may ask them to provide you with a recent sales report that shows other similar properties and what they sold for in recent times. This is to make sure that the house you are buying is fairly priced compared to the rest of the local market.

2. Are there any known issues with the property, land or neighbors’ properties?
Another question that you need to settle is if there is any issue with the property, land, or neighbour’s properties that could possibly make you change your mind. Even though your inspector has already picked up most of the potential issues, you still need to ask the agent before signing the contract.

3. What home inspections are available?
Before you make a final decision, make sure to have the home thoroughly inspected. Perform as many inspections as possible in addition to a general one. Check the chimney, sewer line, pool and spa, geological, and drainage. This will help avoid costly problems down the line.

4. Are smoke detectors properly installed and located?
It is also recommended for prospective buyers to check the smoke detectors of any South Tampa waterfront home for sale that they are interested in purchasing. Do not assume that if smoke detectors are put anywhere, they will be instantly effective. Remember that smoke detectors are necessary because they save lives. It is imperative to put smoke detectors in the right places of the home you are about to buy.

5. Am I really happy with this house and its location?
Purchasing a house is exhilarating but it can also be stressful and time-consuming. Sometimes, the emotional pressure can make buyers vulnerable to making mediocre choices. Honestly ask yourself if you are truly happy and satisfied with the home and its location. Avoid making the mistake of jumping at the next house that comes along and hastily signing a contract. Remember that what really matters is the right house for you, not the house that is in front of you right now.

6. Why am I buying?
This is the simplest and most important question that you need to ask. If you do not know the answer plain and simple, it might be better to put your plans on hold. You have to determine whether the property will be for your own personal use or for investment. If it will be your primary residence, then its price will become secondary to finding the right features and location for your budget. On the other hand, if it will be an investment then price is everything because that will determine its return.

Visit www.TampaTodayRealEstate.com today for more helpful tips on home selling and home buying.

If you are looking for dedicated and hardworking Tampa FL Realtors then call me, Mary G. Diaz, today at 813 245-9677. I can provide you with fast and reliable assistance in finding or selling homes in South Tampa. With my extensive knowledge and experience in selling luxury properties in the area, I can assist you in making the best choice.

Thursday, August 4, 2016

Overcome These 5 Obstacles When Selling Your South Tampa Home



Overcome These 5 Obstacles When Selling Your South Tampa Home

 

Selling your home to buyers of real estate in South Tampa is no piece of cake. There are many things that you have to prepare before putting your home on the market. You should also be ready for the several obstacles that home sellers usually experience. This way, you will be able to steer clear of more serious problems.
Here are 5 common challenges that  sellers of real estate properties in South Tampa need to know to enjoy a stress-free home selling process.
Read on for some common challenges home sellers have to deal with in selling their homes.

Selling in a crowded market
Selling your home is a challenging experience. It can become even more difficult if the market is already saturated with existing homes, new constructions, and foreclosed homes. In a crowded market, buyers tend to have the advantage since there is more inventory to choose from. Prices are driven down as a result of the greater selection of housing and the added competition among sellers. In this kind of market, you need to make your home stand out and make buyers see that yours is the best deal.

Setting a realistic asking price
Aside from a crowded market, sellers also face the challenge of setting a realistic price for their home. This task requires a diligent research and careful analysis of comparative South Tampa homes for sale. Keep in mind that you must price your home competitively so that it is not too much higher than your competition, but not much lower either. Buyers tend to walk away from homes with unrealistic prices. Work with a trusted real estate agent who can recommend a fair price based on your area and your home’s features.

Receiving a satisfactory bank appraisal
Receiving a satisfactory bank appraisal may also be a challenge, especially if the buyer is not purchasing the home with cash. If a buyer is getting a mortgage from a lender, the bank must complete their appraisal of the home. A satisfactory bank appraisal is one in which the appraiser is able to substantiate that the agreed upon purchase price between the buyer and seller of the home is in-line with the home’s market value. If the bank determines that the home’s value is less than the agreed purchase price, this can lead to problems. 

Finding the best agent
Selling your home to buyers looking for luxury homes for sale in South Tampa is one of the biggest financial transactions that you will handle. To be able to do this successfully, you need the assistance of the right real estate agent. Working with the best agent can help make the experience less stressful. When interviewing prospective agents, ask about their work experience and knowledge of the area. Inquire also about the number of homes that they have listed and sold. Work with the one who offers a comprehensive marketing strategy and has a history of success.

Closing the deal
There are many unexpected things that can delay the real estate closing. One common problem that can happen before the closing is a buyer getting disapproved for a loan.  While this is out of the seller’s hands, this is a challenge that must be overcome when selling a home. Problems with the title and issues discovered from the instrument survey can also arise prior to the closing.

Visit www.TampaTodayRealEstate.com today for more helpful tips on home selling and home buying.

If you are looking for dedicated and hardworking Tampa FL Realtors then call me, Mary G. Diaz, today at 813 245-9677. I can provide you with fast and reliable assistance in finding or selling homes in South Tampa. With my extensive knowledge and experience in selling luxury properties in the area, I can assist you in making the best choice.