Category Archives for "Real Estate"

How to Choose the Right Real Estate Agent

real-estate-dealsWhether you are looking into buying or selling a home, you will find that a good real estate agent is going to be worth their weight in gold. They will keep things organized for you, let you in on opportunities that you would not have considered and help you keep things in order. However, choosing the right one can be difficult and getting saddled with the wrong one can be detrimental in the extreme! Take a moment to learn more about selecting the right real estate agent and what you need to know.

The first thing that you need to do is to remember that you are looking at a wide field of candidates. Never think that one particular agent or agency has the only line in a particular area. No matter where you are looking, there are going to be several different agents and agencies at work, so make sure that you do your homework and look around. Remember that you are paying for a professional service and the professionals that are out there have different qualifications and experiences. Find out how long they have been in business and remember that when you meet them face to face, you should feel comfortable.

Make sure that the agency that you decide to use is going to be comfortable with the area that you are browsing in. They need to be familiar with the area, and if you are selling, you should make sure that your real estate agent has sold in the general area before. They should be well informed on the area’s benefits and disadvantages, and they should be honest about expressing them. Also remember that no matter what side of the equation you are coming from, your real estate agent should also be a good sales person.

selling-homesRemember that a good real estate agent is someone who is attentive to your needs and considerate of your schedule. When you are interested in moving forward and making sure that you can get the results that you need, you need a real estate agent who is willing to help you get results. How fast do they get back to you, and how promptly do they return your phone calls? Are they willing to communicate in a way that you find it acceptable? Will they guide you if your credit needs fixed prior to getting a mortgage?

Finding the right real estate agent can be a pain, so make sure that you prepare a list of resources that can help you in your search. There are many different types of resources available that can make it much easier for you to find a real estate agent that will help you get the results that you want. This can be an important step for you, so don’t risk getting the wrong service or the wrong professional!

Things To Consider When Buying An Old House

older-houseFrom unique architecture and stunning finishes to the large windows and solid wooden floors, nothing compares to the appeal of an old house. However, when you’re on the market shopping for one, you mustn’t get carried away and start imagining how you’ll place those magnificent Victorian style pieces of furniture. Before you say we buy old houses, close quickly, and it’s a cash offer we recommend contacting a professional appraiser and confirm that your potential future home has everything in order, as otherwise, you’ll spend most of your savings getting it fixed.

Let’s summarize key aspects of an old house that need a careful examination.

1. The foundation of the structure
The very first aspect that you should verify consists of whether or not the flooring is crooked and the best way to perform this test is by dropping a standard marble on the ground. In case the marble quickly rolls away in one direction, that is a clear sign that the floor is not perfectly parallel to the ground, revealing probable foundation sinking problems and weakened joints. At the same time, the concrete foundation should be checked for cracks and fissures. While diagonal/vertical cracks don’t constitute a major predicament – particularly if the upper part has a larger width than the bottom – the straight ones mandate expensive repairs. Lastly, steer clear of foundations constructed on the old post and pier system, because their durability and earthquake protection are poor.

2. The drainage system
More often than not, older structures were not equipped with a foundation drain system. These fixtures have the role of redirecting rain and groundwater from the house, preventing humidity from protruding underneath the foundation. If the basement exhibits mould formations or overall dampness, then you might be dealing with this issue and constructing a drain will involve excavations, large machinery and a lot of labour.

buying-old-home3. The type of paint applied on the walls
You need to ensure that the walls of the house are not covered with lead-based paint because these products were withdrawn from the market more than 30 years ago after researchers discovered the negative impact of the substance on the physical and mental development of young children. And the biggest problem here is that you cannot just apply a different coat of paint without thoroughly removing the former lead-based one, a task that is tough and expensive.

4. Potential asbestos fixtures and components
Similar to lead paint, utilizing asbestos as the construction material has been outlawed about 30 years ago after it was discovered that inhaling particles could lead to severe respiratory conditions. Home components that might include asbestos comprise of:
shingles, insulation (for structures constructed between the 30s and 50s), vinyl floors and the adhesives, pipeline insulation, furnace insulation

5. Underground tanks utilized to store heating oil
Two very probable issues might occur if the heating combustible is stored in an underground tank, namely:

  • Corrosion leading to leakage, contaminating the soils in the proximity of your home
  • Corrosion causing the formation of a sinkhole
  • Even when you replace the house’s heating system with a more feasible solution, an unattended underground fuel tank will eventually form a sinkhole.