Bill Bambrick

Ted you always want to sell from a position of strength When buyers see areas needing repairs they immediately start deducting even if you priced it to reflect the needed improvements Heres 2 options get 3 bids from licensed contractors and you can offer a seller concession based on the estimatesNow here is where the rubber meets the road if this is deemed a safety concern from a home inspection or a lender inspection this will need to be corrected before they will underwrite the loanI would get it fixed and list it Hope it helps

What are the top items not maintained Go with the obvious a major clean professionally it may need it twice Next paint adapted lighting and faucets Get a pre listing home inspection it will help you identify mechanical issues that may be hurting you from a buyers viewpoint Fake it to you make it

This is not a question as an known material fact that effects a home value must be disclosed Water flood or leaks are scary and costly for buyers Get a pre listing inspection first you dont have to share this report with anyone Any lender underwriter wont fund a loan if there is signs of water damage leaks or mold It will need to be repaired by a licensed professional to ensure you have taken the steps to ensure no further issues will happen A home inspector will use a moisture meter as part of the inspection A moisture meter is used to measure the percentage of water in a material The inspector can use it to test the roof decking support beams pillars and other elements for their moisture content ItaEURTMs common to find areas on the roof where the flashing and roof covering are in less than optimal shape In these areas of questionable maintenance and integrity if certain areas are suspected of leaking the moisture meter can be used to clarify their true condition

Simple build a home Profits for a new construction home for the builder can be 100K plus Land is a commodity if its subdivision is desirable Now builders will not want to pay the market price for a lot

Did you ask to re list I would be happy to be the next agent if you wish to step away I sell homes in Port CharlotteCall your listing contact family member and ask how they wish to get the key back

The HOA cannot deny the next homeowner unless there is a valid reason supported by the bylaws If any property can be rented as long as it complies with the HOA and local laws Be careful as this can get you and the HOA in unwanted litigation You may be violating the rights of that buyer

Whats the lien There are lenders private aka hard money lenders or public can get you what you need to make the improvements and get paid at closing Look up your local REIA group in the area there will be experts to help you

Unless you have several documents in hand making an answer is a guess Do you have a boundary survey of your lot This will indicate an easement As for the fence refer to your HOA documents or call the HOA for this specific answer The management company will be glad to help Here are the Types of Easements in GeorgiaEasement by PrescriptionThis occurs when someone uses another persons property openly continuously and adversely for a period of seven years while keeping the property in repair and having a claim of right Easement by NecessityThis arises when a property is landlocked and has no access to a public road The law implies a right of way to provide access Easement by ImplicationThis type of easement is created when a property owner sells a portion of their land and the sale implies a right of way to the back portion Utility EasementsThese easements allow utility companies to install and maintain essential services like power lines gas lines etc on private propertyRight of Way EasementsThese easements grant the right to travel across another persons land often for roads or pedestrian routes Hope this helps

Ava your listing agreement will specify the cancellation terms protection period and any fees due if cancelled before the termination date In Florida you must notify the agentbroker in an email in writing and a phone call also goes a long way Note any protection period after a cancellation that you may be held to this can me monies paid back to the broker You can also request another agent from the broker if this is your concern and lastly let it expire on its own so there are no fees due if outlined in the listing agreementThey are on your side Most brokers have seen an excessive number of cancellations this year Make sure you get in writing the agreed cancellation and any language as to fees or money due

In Florida earnest money demonstrates a buyers good faith and desire to purchase the property serving as skin in the game The more you deposit the stronger your commitment to the seller These funds are held in a non interest bearing escrow account by a closing agent title company or real estate attorney The earnest money is applied as a deduction to the homes sale price While you wont get it back in the traditional sense you may be able to negotiate a seller credit at closing which you can then use as you wish The only way to receive your earnest money back is by canceling the contract within the timeframe specified in the offer agreement

Does a bedroom have to have a closet to be a bedroom The requirements by code and appraisal standards for a bedroom areSquare footage is a minimum of 70 sqft There must be an exterior wall location must be exterior access like a door or window for egress or escape A ceiling height of 7 ft and cannot be used to access another roomA door is not required for a closet I have seen bedrooms with a standalone closet that is not built in Check with your county code building department for specifics like heating AC is not a requirement in Florida

Will a private listing hurt your home sale Well Compass will say no Im not sure how one broker can market your home to reach all the active buyers in your Nashville market How would you feel if there was a great buyer who missed your home since it wasnt on the largest search engine for real estate Any data can be manipulated to look impressive I would say convince me why not to get the most exposure for active buyers Testing the waters is not a strategy its a wish The shiny object syndrome may hurt you just imagine if you want to change your mind and Zillow wont display your home Youre hiring that agent not a brokerage Wish you good luck

As a real estate expert in Southwest Florida I understand the importance of clarifying costs for homebuyers to ensure you can make informed decisions In Florida you do not have to pay sales tax on the purchase of a home whether itaEURTMs a primary residence vacation home or investment property Real estate including single family homes condos and land is considered real property under Florida law and is exempt from the stateaEURTMs sales tax which typically applies to tangible personal property and certain services

Hi Deborah Here are some Key Considerations for Combining Parcels for Tax PurposesEligibility for Combining ParcelsAccording to Florida Statute 197192 parcels must have all taxes paid in full current due or delinquent to be eligible for combinationThe parcels must be in the same ownership name and typically need to be contiguous adjoiningCombining parcels for tax purposes is strictly for the tax roll and does not automatically imply compliance with local zoning or building regulations YouaEURTMll need to verify with the local zoning or planning department eg County Zoning that combining the parcels aligns with land use rulesPotential Tax ImplicationsPossible Tax Savings In some cases combining parcels can lead to lower property taxes due to economies of scale A single larger parcel may have a lower assessed value per square foot compared to two smaller parcels as larger lots often sell for less per square foot in the market For example two 025 acre lots might be assessed higher individually than a single 05 acre lotRisk of Reassessment Combining parcels may trigger a reassessment by the county property appraiser which could result in a higher or lower assessed value depending on the propertyaEURTMs characteristics use and market conditions For instance if one parcel has a structure like a home and the other is vacant the combined parcelaEURTMs value might reflect the improved value of the home plus the land potentially increasing the assessment if the vacant lot was previously assessed at a lower rateHomestead Exemption Benefits If one parcel is your primary residence and qualifies for a homestead exemption combining it with an adjacent vacant lot could extend the exemption to the entire parcel potentially saving thousands of dollars annually In Florida the homestead exemption caps the annual increase in assessed value at 3 or the Consumer Price Index whichever is less and provides a 50000 exemption on the taxable value for county taxes However youaEURTMd need to file a new homestead application to include the combined parcel with a deadline of March 1 for the tax yearCosts of Combining ParcelsCombining parcels may require a survey to create a new legal description drafting fees and recording fees with the county These costs can range from a few hundred to over a thousand dollars depending on the complexity and whether a new survey is neededIf the parcels are already combined in a single deed as youaEURTMve noted you may only need to submit a request to the property appraiseraEURTMs office which could minimize additional costs However you should confirm whether a new survey or legal description is required in your countyWhy YouaEURTMre Still Getting Two Tax BillsEven though your deed combines the parcels the county property appraiseraEURTMs office has not updated the tax roll to reflect the combination This is likely because a formal request to combine the parcels for tax purposes hasnaEURTMt been processed YouaEURTMll need to submit a aEURoeRequest to Combine ParcelsaEUR form available through the County Property AppraiseraEURTMs website along with the recorded deed and any required documentationContact the property appraiseraEURTMs office to confirm the status and ensure all taxes are current as this is a prerequisite for combinationOther ConsiderationsZoning and Development Combining parcels for tax purposes doesnaEURTMt affect their legal status for development or zoning If you plan to build or sell in the future check with the local zoning department to ensure the combined parcel meets minimum lot size or other requirements