3 answers · 15 pts
Asked by Finn R | Destin, FL | 05-01-2026
if the work is done professionally and up to code, i would not worry. if there are some shortcuts, then the buyers may ask for it to be done correctly. it's all in how well the work was performed. In my experience the only permits that are checked upon are the ones that involve an addition or structural construction.
Asked by Marina | Cleveland, OH | 05-01-2026
You have plenty of time to make a switch. Generally, I follow the transparency model. Let them know why you are switching and what is important to you. They will probably do everything possible to try to keep and earn your business. If you switch, that's fine, but at least you will feel good knowing you let them match or beat it. ps the grass isn't always greener, good luck making the best decision. Your agent should also be able to help you with this decision process.
Asked by David | Union Pier, MI | 01-27-2025
Land can be challenging because there is generally no return on investment in the short term. you have cut the weeds down, pay property taxes, maintain it, remove junk when people illegally dump, etc. It can take a long time for appreciation to make it wortwhile. On the flip side if you have a performing rental, you get the cash flow, principal reduction, depreciation, along with appreciation and rent growth. Plus there is a lot of hidden costs we don't generally think about in getting utilities connected in order to build. I own both and unless you are specifically well versed in developing, i prefer real estate with a cashflowing asset already built.