While FHA has relaxed some of the repair requirements for FHA loan approval, there are still many that a seller should consider. If a seller is intent on selling a home "as-is", the seller should be aware of the items FHA will enforce. However, if a seller is still amenable to an FHA mortgage, they should be sure to place a specific dollar cap on repairs that the FHA … [Read more...] about FHA Requirements for a Seller
FIRPTA Foreign Investment in Real Property Tax Act The United States Federal Tax Law requires that a foreign citizen who sells real estate owned in this country pay taxes on the profit of such sale. To insure that the tax is paid, 15% of the proceeds at closing are withheld and transferred to the United States Treasury. The 15% withholding is mandatory if the seller is a … [Read more...] about FIRPTA Foreign Investment in Real Property Tax Act
Real Estate Sales Reports for Single Family Homes sold in Charlotte and Sarasota Counties in the 30 days prior to 9/5/2015 During August, 2015 there were 1,037 single family homes reported sold in the MLS of Charlotte and Sarasota Counties. Ave. Listing Price: $302,862 Ave. Selling Price: $289,067 Ave. Selling Price as a Percent of List Price: 95% 344 of the reported … [Read more...] about Real Estate Sales Report Charlotte and Sarasota Counties, FL August 2015
When people think about selling a home, they often consider remodeling ideas to make the home more valuable and to sell faster. There are often items that should or could help in this, but they rarely come close to a 100% return on investment (ROI). According to Remodeling Magazine, one of the best investments a homeowner can make is a simple one. Replace a worn or weak front … [Read more...] about Home Remodeling in SW Florida
Sometime back, a letter in the Sun-Herald discussed Transaction Fees charged by real estate brokerages. The letter writer said that his agent’s brokerage added an additional transaction fee of $295 on top of the commission. In this area many of the franchise brokers charge these fees. On the date of the letter, Prudential Village Realty, charged a transaction fee of $175 which … [Read more...] about Don't Pay a Transaction Fee!
A first impression is a lasting impression. For that reason, your home must look its best right from the start. Curb appeal is a term often used in the real estate profession. Curb Appeal is the impression a prospective buyer gets when first arriving at a home. If it looks good from the curb… from the street when they first arrive…. buyers will be pleased and more likely to … [Read more...] about Staging Your Home for a Sale
So you are planning to put your home on the market. You plan on selling, but want to make sure that you generate interest, leave a lasting impression, and "wow" the potential buyers who come inside for a visit. Sounds easy enough; they come in, look around, maybe you plan on telling them the history of the house, or walking them through for a tour. You have cleaned up, but you … [Read more...] about Selling Your Home? Don't Hurt Your Chances of Getting It Sold!
An article in The New York Times, Sunday, March 15, 2009, by Marcelle S. Fischler, discusses the benefits of employing a “Buyer’s Broker”. At Suncoasteam Realty, we agree. It is important to have a broker working for you, in your best interest, to get YOU the best deal possible. The article discusses the experience of buyers who made an offer through the listing agent. These … [Read more...] about Buyers Broker, Charlotte County, Florida
Preparing your home is perhaps the most important step you can take to to make a quick and profitable sale. You should not have to spend a lot of money to make your home look its best. If you home was well maintained, you are in a great position to sell. Your Suncoasteam has written a short article that will help you understand the need for preparation. To read the full … [Read more...] about Home Sellers in Charlotte County, FL
At Suncoasteam Realty we want to be your friends, not just your Realtors... … [Read more...] about Diversity