Listing Courtesy of COLDWELL BANKER RESORT REALTY - R
Given that the experts have often been as wrong as they were right about predicting at least one real estate trend for 2015 (mortgage interest rates), it’s fair to ask why it’s worthwhile to consult them regarding the coming year. Fair enough. The answer is twofold.
First off, for anyone who will be buying or selling a Lewes home in the coming year, much could ride on the wider market factors that influence buyer and seller attitudes.
The other part of the answer is because it’s fun. Trying to take a peek into the future gathers a crowd every time: just tune into any cable TV news or feature show and start counting the experts prognosticating. Besides, it’s even more fun, later, to ridicule the experts who were way off.
But putting together a roundup of real estate predictions for 2016 involves some hard virtual pick-and-shovel work. To begin with, you have to eliminate all the real estate predictions for 2016 that emerged more than a month ago. A month may not seem like such a long time, but in the real estate prediction business, it can turn into too long (especially if what you predicted for 2016 is already heading in the wrong direction). At this juncture, that hasn’t befallen any of these prominent national real estate prediction sources Lewes readers can note:
The researchers and prognosticators behind these projections seem to be in lock-step, at least as we launch into the new year. Whether or not you will be entering the town real estate any time soon, it’s certainly good news that the serious folks who forecast future trends agree that conditions look to be settled, stable and hospitable in the coming year.
There is one thing I know you can count on: I’ll be standing by throughout 2016, ready to assist with all your Lewes real estate needs! Call/Text me Russell Stucki at (302) 228-7871, email me at email@example.com, visit more listings at www.beachrealestatemarket.com.
Congrats! Your offer has been accepted and you are officially in escrow. Now what? Usually the first order of business is to arrange your Sussex County home inspection. When you were house hunting, you were weighing so many factors it was next to impossible to thoroughly examination of every nook and corner of every one of the serious contenders…in fact, it wasn’t necessary. But now that you’re moving forward to a purchase, you want to do more than kick the tires. It’s time to get under the hood!
Here is a taste of just some of the areas you and your inspector will be examining during your Sussex County home inspection:
You will be taking a close look at the tiles around the handles on the bath tub or shower. If they are a different color, it could indicate a plumbing problem. A look under the kitchen sink for stains beneath the pipes can also indicate leaks—something you’ll want to know more about from the seller.
HGTV’s home inspector Rick Yerger lists water as enemy #1. "Of the many homes I have inspected," he says, "water damage to the structure has been the most damaging and costly, causing foundation problems, rot and the dreaded mold." He recommends close examination of exterior grade for sloping (or draining) back toward the home; stucco issues where they’re applicable, and roofing materials.
Inspect the Yard
If there is a yard on the property, take the time to do a thorough walkover. Look at the condition of the shrubs, grass and flowers. Check the irrigation, the lighting. You should also look closely at the fencing and gating: they can be expensive to repair.
Exposed wires can result in a house fire or other devastating damage. Open splice wire (where wire is conjoined using only electrical tape and/or wire connectors) is a common do-it-yourself mistake often seen in attics, garages, and crawlspaces. Any issues found with the wiring should be corrected ASAP.
These are only a few of the many areas your Sussex County home inspection will cover, so when you are scheduling the day, don’t make other appointments that might rush the process. Of course you hope that everything will be found to be flawless, and if only minor problems are uncovered, the seller may simply volunteer to correct them. But if the home inspection reveals that a significant amount of work will have to be done to bring it up to an acceptable standard, you and your agent will probably be submitting additional terms reflecting the requirements. As always, if you’re looking for that agent—the one you will want by your side throughout the entire home-buying process—I hope you’ll give me the call!