Home Buying Archives - Coastal Florida Real Estate

Home Buying

SMART HOMES: FIVE THINGS TO DO WHEN BUYING

November 25, 2017 Posted by: Richard Sites

There is an infatuation today with technology, yes?  People are lining up to get the latest automated device whether that is a Nest thermostat, a touch-screen refrigerator, an Alexa or Google Home.  Or an iPhone X.  The lines for new phones are legendary. But like everything else, the more complicated things get…the more complicated things get.  Let’s talk about it for a minute.

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WIRING FRAUD, WHAT TO WATCH FOR

November 8, 2017 Posted by: Richard Sites

Security, in particular cyber-security, has become the sign of the times we live in.  After 9/11, everyone has become aware threats are out there and you are admonished that “If you see something, say something”.      Well, what about the threats that are not as apparent?  Let’s talk about them for a minute.

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THE BAD NEIGHBOR, WHOSE FAULT IS THAT?

November 3, 2017 Posted by: Richard Sites

Bad neighbors can be a reason for moving or at least make your life tense.  That’s why there is an old saying, “Good fences make good neighbors”. But when selling a house, is the bad neighbor a “material fact” that should be disclosed to potential buyers?  Let’s talk about it.

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WHAT’S THE POINT OF USING A REAL ESTATE AGENT?

October 21, 2017 Posted by: Richard Sites

Should you use a professional real estate agent in your next deal or do you just need someone to open doors?  This question gets constant review as we lean more and more on technology, machine learning and AI for answers. You can get any of these “assistants” to help you by simply saying “OK Google” or “Hey Siri” (except that doesn’t work on my iPhone) or on the latest Pixel 2 by just squeezing the phone.  But let’s take a look at some of the advantages a professional can offer. […]

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ARE YOU OFFERING BUYERS A CHARGING STATION?

October 7, 2017 Posted by: Richard Sites

Tesla made an announcement this week that production of their electric cars was ramping up.  This joins Ford and GM who both announced plans to step up production of their models too due to their increasing popularity. So the question is, are you offering buyers a charging station at your home?  Or, why would you?  Let’s talk about it.

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REAL PROPERTY vs. PERSONAL PROPERTY, WHAT’S THE DIFFERENCE?

September 20, 2017 Posted by: Richard Sites

Real property and personal property are two terms you will come across in your residential real estate transactions.  What is the difference and why is it important?   Let me explain.

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UNDER CONTRACT & IN THE “CONE OF UNCERTAINTY”, NOW WHAT?

September 5, 2017 Posted by: Richard Sites

The cone of uncertainty is a phrase we hear during times when a hurricane appears to be threatening the U.S. coastal regions within a few days.  What if you are purchasing a house in the cone of uncertainty during this time? What now? What if you are selling a house in the cone of uncertainty during this time? What now?  Let’s talk about these situations however, these matters could get complicated and for this reason I always recommend using a real estate attorney during your deals.

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WHY IS POF IMPORTANT IN A REAL ESTATE DEAL?

August 22, 2017 Posted by: Richard Sites

POF is the Key to a Successful Transaction POF is a term currently being found in residential real estate listings.  What is POF and why is it important to a successful closing?   Let’s drill down a little and talk about it.

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HOW BIG SHOULD THE ESCROW DEPOSIT BE?

August 15, 2017 Posted by: Richard Sites

When is Enough, Enough?  That Depends on Who You Ask In a residential real estate transaction, there is a concept called “Earnest Money”.  Sometimes this is referred to as an escrow deposit.  What is it’s role in the deal and how big should it be? Let’s take a look at the pros and cons of a big deposit and the risks to the buyer and seller.

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THE TRUTH ABOUT WOODEN HOUSES

August 1, 2017 Posted by: Richard Sites

“I’ll Huff and I’ll Puff and Blow Your House Down” We all know this phrase from our childhood.  Sure, things looked bad for the 3 Little Pigs but what is the truth about homes made of wood?  Let’s talk about them for a minute. Insurance is a big, and profitable, business.  And there is nothing insurance companies hate worse than claims, especially if they have to pay them.  But since 2004 when Hurricane Frances came to town, insurance companies have fostered a fear that the next storm will be the […]

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