Cove Real Estate



Posted by Cove Real Estate on 3/20/2015

When you are buying a home the costs really add up and you may start thinking about where you can save money. One question that many buyers ask is do I need a home inspection? Most often the answer to the question is yes! A home inspection is an objective examination of the home and its systems. The inspection covers the entire house from the roof to the foundation. A home inspection will cover the home's foundation, basement, structural components, roof, attic, insulation, walls, ceilings, floors windows and doors. It will also examine the heating system, air conditioning, plumbing, and electrical systems. Because a home is often the largest single investment you will ever make it is important to know as much as you can about the home before you buy it. A home inspection will help you identify any needed repairs as well as what is needed to regularly maintain the home. The home inspection will help you proceed with the purchase with confidence. When choosing a home inspector cost shouldn't be your first consideration. Look for the inspector's qualifications, experience, training and compliance with state regulations. Remember, that no house is perfect. There are bound to be issues with almost any home use the information to decide if the house is right for you.

 
 
   





Posted by Cove Real Estate on 2/6/2015

Are you looking for a deal when buying your next home? Buying a fixer-upper home just might be the way to go but there are some important things to know before you buy. These helpful hints can help you save time, money and a lot of headaches when buying a fixer-upper. Set a budget: You need to know how much money you can afford to spend. You will want to factor in the price of the property plus the cost of the renovations. Remember to plan for the unknown, add at least 10% to it for "overruns". Most projects never seem to go as planned. Plan ahead: Buying a fixer-upper requires more planning. When looking at potential homes you will want to make a list of renovations. Try to come up with an estimated cost of the renovations. You will also want to identify whether or not you have the expertise to do the renovations or if you will need to hire a contractor. Get a home inspection: There are some things that are unseen to the untrained eye. A good home inspection will be able to tell you all of the needed repairs and potential pitfalls. Remember buying a fixer-upper is an investment. Follow the tips on this list and you will be prepared for the project of buying, renovating and owning a fixer-upper.





Posted by Cove Real Estate on 1/16/2015

You think you live in a palace. Your home is your kingdom but when it comes to selling your home buyers may not be in agreement. In today's market, buyers are pickier than ever and may be literally turning their nose up at your home. Here are a few things that buyers hate about homes: 1. Smells Buyers don't like homes that have a strong smell especially bad smells. Make sure to get rid of any source of odor. The biggest culprits of strong smells are smoking, pets and cooking with strong odors. If you have pets or smoke have the carpets, drapes and all professionally cleaned. If you have a cat make sure the litter box is clean and kept out of the way. You will also need to refrain from cooking things with strong odors. Stay away from strong spices like curry and foods like fish. 2. Dirty bathrooms and kitchens. They say bathrooms and kitchens sell homes, just as easily they can prevent a sale. Concentrate on keeping the bathrooms and kitchen spic and span. Keep the floors vacuumed, the counters clear of clutter, and make sure the sink is free of dirty dishes. Keep freshly cleaned towels available for the showings. 3. Clutter Keep the clutter at bay by investing in some inexpensive wicker baskets. Putting clutter in baskets can be a quick way to pick up toys, store laundry and catch all the mail on the kitchen counter. 4. Poor lighting Who wants to live in the dark? Replace all burnt out bulbs with high efficiency, bright bulbs. Buy some lamps to bring light into poorly lit rooms. Make sure to open all the blinds and pull back the drapes and let as much natural light in as possible. Cleaning the windows will also help show off the light. If you are able turn on all the lights in the home before a potential buyer walks through. 6. Bold colors and wallpaper You may love the bright pink room or the living room clad in wallpaper but chances are a buyer does not share your style. Try to neutralize rooms with creams and off-whites. These colors can also make a room feel larger and brighter. If your home is covered in wallpaper consider removing it. Buyers are often deterred by the thought of having to remove wallpaper. 7. Man's best friends You love Fido the dog and Mittens the cat is just so cute but buyers may have allergies or even be afraid of your pets. Keep the pets away from the home or crated when buyers are looking at your home. 8. You Believe it or not you do not help the sale. The buyer wants to be able to view your home without feeling watched or pressured. If you are in the home or the driveway the buyer will not take the time they need to view the home properly. Leave the selling to the professional.





Posted by Cove Real Estate on 10/31/2014

When searching for a home you may want to first consider if you are looking to purchase a new or an existing home. This is a common questions that many home buyers  consider during the early stages of their home search. Some of the advantages home buyers cite as reasons to buy a brand-new house or condominium are: energy-efficiency, open layout, a warranty, the selection of appliances, flooring, paint colors and other design elements. There are advantages to purchasing both new and existing homes. The National Association of Home Builders(NAHB) has created a list of the advantages of buying a newly built home. New homes are often built in communities of new homes. When this happens all the neighbors are new to the neighborhood. This can help families form bonds of friendship that can last a lifetime. Newer homes offer more open floor plans making entertaining easier. New-home layouts often feature great rooms, higher ceilings and additional windows that bringing in more light than you would find in an older home. The appeal of owning something new can be a strong draw. Some buyers like the thought of being the first to cook a dinner in a brand-new kitchen. While others don't like the idea of having to repaint or update an older home. A new home allows a buyer to create their own home décor from the beginning. Newer homes are built for today's high-definition televisions, DVRs, computers and other electronic needs. New homes can be tailored to meet an individual home owner’s needs. There is little to no cost associated with home repair on a new home. Buyers pick the features, appliances and modern features to suit your needs.  When purchasing a new home it is truly built to the buyer's liking. Newly constructed homes are more energy efficient. They often include energy saving features such as double-pane windows, insulation and appliances which can reduce energy costs. Have you ever considered buying a newly constructed home, if so, why?





Posted by Cove Real Estate on 4/25/2014

When you walk into an open house and see the home you want to buy, before you start working with the seller's agent, you need to understand who that agent is working for. Many buyers do not understand that the seller's agent has a fiduciary duty or a duty of loyalty to the homeowner. While agency laws differ from state to state they have the same general principles: Typically an agent represents either the buyer or the seller. However, in some cases an agent will assume the role of a dual agent (representing both the seller and the buyer). Make sure to check the agency laws specific to your state, but in general agents fall into these categories: Seller's Agent: A seller's agent works for the real estate company that lists and markets the property for the seller, exclusively representing the interest of the seller. Buyer's Agent: Some states may have written agreements regarding buyer agency. A buyer agent assists the buyer in evaluating properties, preparing offers, and negotiating in the best interest of the buyer. Dual Agency: Dual agency occurs when the buyer's agent and the seller's agent are the same person or company (depending on state law). Dual agents do not act exclusively in the interests of either the seller or buyer. Dual agents cannot offer undivided loyalty to either party. A conflict of interest can arise because the interests of the seller and buyer may be different or adverse. A buyer and seller must agree to dual agency. Always ask your real estate agent about the agency laws in your state. Many states require buyers and sellers to sign a disclosure form at the first meeting between the agent and potential client.