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Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts

Tuesday, April 1, 2014

The House Inspection

The moment we decided to put our house on the market, we had a thorough clean-up and made easy fixes inside the house. We make sure that the moment the buyers walk-in, they could tell that they want this house. We de-clutter and I did the staging. I make sure that every room in the house is functional and squeaky clean.

The Inspection
As sellers, the thought of having to respond to the buyers request of inspection is daunting. Wise buyers need to have an inspection for protection of their expensive purchase. It is not advisable to just go on the big purchase without it and relying only with their ocular inspection. There might be a money pit hidden beyond those walls.

In total of 2 weeks, we received 5 offers and we accepted the highest offer with two requests, they wanted the outdoor grill that we have and they will have an inspection ASAP. Fair enough, we accepted the offer and sign the contract.

The inspection was smooth. It lasted about 2 hours. I was already thinking, the result was great. When we bought this house two years ago, our inspector took more than 4 hours inspecting the entire house. He gave us a long list what rooms need to work. Two major problems that needs instant fixes, gut the whole kitchen and add a new AC unit and duct work. We did that. Now, the inside of the house is fairly new.

We were confident that the inspection turns out great which, it did! We pass.

There was also a termite inspection, another company that the buyer hired. He came and gone in less than 30 minutes. Whewww ... we were so happy and relieved because we did not have a termite inspection before so; we pass again.

Oh, we can't wait to move.

Monday, March 24, 2014

Potential Home

I can't stop thinking about this property. The net amount from the house that we sold is enough to buy this huge property located in the ideal neighborhood (talking about the view minus the storm). It has 2,824 sq ft, with a good size swimming pool with a golf course view at the back. Truly awesome for the square footage and worth for the money. There's a catch though!

As you can see it, it is a brick home. I like it a lot! The yard is alright but, with a landscaping improvement, this will look appealing. The location is few blocks to the beach with easy access to a boat dock. The golf course is right on the backyard , how cool is that?

Anyone who loves fishing and boating, this is a great property to buy because the bayou is just 3 blocks away too. I saw this area 4 years ago and the place is really blessed with beautiful view by the water.

Vaulted ceiling which I love and it has a fireplace which tops hubby's wish-list. Nice floors right? I don't hate the paint colors on the wall but, that's an easy cosmetics to fix.

As I was trying to check this property in other listing company, I found out that this house in good condition is worth 4x the asking price. This is totally a bargain right now. This might look good but, behind that wall, it tells otherwise. The catch that I mentioned earlier? Though the location has a nice view, this area is within the flood zone and this is a fixer upper. Remember hurricane Katrina? This area was flooded. Therefore, this house has a flood damage especially in plumbing and electrical. Plus, insurance premium in flood zone area is ridiculously high! We cannot afford this house. This is a money pit for us.
 
Considering the "catch", if it is you, would you buy this property?

Monday, March 17, 2014

Home Inspection

My husband and I had a long day today. Our realtor informed us the other day that the buyer of our house wanted to schedule a home inspection for 8 AM. It was too early for us but, we said yes. We wanted to get this done and over with so that; we can move on to the next phase of this "selling-moving-buying" frenzy.
We were able to meet the buyer too, both of them. We like them to own this house. The good thing is that, they really love our house too. That's really important to us because living in this house for two years, we already felt attached and connected.

The home inspection went great and the buyer were pretty much happy about the result. Our realtor called us to know how everything goes. We just relay everything to her. She already talked to their realtor as well. They both communicated in real time. I am not sure if they are using real estate crm but, for whatever they use, truly it works.

Right now, we are in the waiting game period. I hope that the buyer will get their loans on time.

Monday, February 10, 2014

De-cluttering the Living Room

I was so busy last week de-cluttering the entire house, doing DIY and did some packing too. We are moving so; we put our house in the Real Estate market last Friday. I still have some patching to do, minor fixes though and continue packing as well.
We left few stuffs for staging the house and hubby told me that he will have a garage sale which I think a good idea. Less things to bring over to our new place is the better.
One day after it was posted online, there was one call the next day (late afternoon) which is a positive thing you know. I can't wait to move but then again, if this house sells fast, we will be in limbo to find our new home fast as well. We are in the process of scouting for a new home and constantly communicating with our realtor. I hate moving and I hope this will be the last move. In 5 years, we moved 5 times too. It seems that we are in flipping houses business hehehe. We love this house but, I hope on the next property that we buy, we will stay there for a long time.
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