A newly-updated NAR survey confirms that 51% of agents
with smartphones use iPhones. This fact is hardly startling, since these phones
have been such a boon to the real estate business. Today’s agent can use apps
to quickly scan and electronically sign documents, instantly get property
details for clients, access key boxes—it’s almost hard to remember how we got
along before!
Friday, August 29, 2014
Thursday, August 28, 2014
A Quick Guide to Assessing Your Home's Foundation for Cracks - And What to Do if You Find Them
When purchasing a home, there are a number of
considerations that need to be taken into account. One of those considerations
is the foundation of the home. No matter how perfect or suitable a property
looks, taking the time to properly inspect the property for foundation problems
can save homeowners thousands of dollars in repairs later on.
While foundation cracks are usually present in older
homes, that does not mean that newer and even new homes aren't prone to them.
When choosing a property, the following tips can help homebuyers find signs of
foundation problems and take the right action if any are found.
Concrete
Weakness
One of the easiest ways to check for a damaged
foundation is to check the concrete of the home. When the foundation is strong
and safe, the concrete is not brittle and breakable. To test this, when trying
to poke the foundation with a screwdriver, the foundation should be rock solid.
If it isn't, then there may be a foundation issue.
Posts
Should Be Sturdy
If the house has a basement, then the posts that
hold up the basement and crawl space should stand firmly in place. The bottom
of the post should be unmovable and the post should stand straight and tall. If
the posts do not do so, then there is a problem with the foundation.
Uneven
Floors
The next component of the house that should be
inspected is the floors. All of the floors within the house must be solid,
straight, and not slanted. If the floor is slanted or separates from the wall
in any place, then the foundation is unable to support the home properly and
there is a serious issue.
Exterior
Cracks
The walls are also a way to examine for foundation
issues. Take a tour around the outside of the home and inspect for any cracks
to the exterior. Each wall on the outside of the home should be smooth, solid,
and free of any cracks. However, if there is a crack, this may mean that the
foundation has shifted and the home is uneven.
Windows
and Doors
Next, inspect every window and door on the property.
Each should be attached to the surrounding wall and they must also open and
close without any difficulty. If there is a difficulty in opening and closing
windows and doors, there may be a foundation problem like shifting or uneven
ground that is unable to support the property.
Moist
Ground Around the Property
Lastly, another sign that there is a foundation
problem is if the ground around the property is moist. A strong foundation will
usually be set upon ground that is completely solid. When the ground is moist,
the dirt particles are porous and unable to bind together, leading to shifting,
cracks, and major damage to the home.
Choosing the right home is not a difficult process
and making the right assessments of the property can save thousands of dollars
in future repairs. To help with assessments, foundation repairs, and to get the
right information about how to deal with a cracked foundation in a potential
property, then contacting a trusted and professional real estate agent is the
best solution when purchasing a property.
Interested
in selling your Charleston area home? Visit: www.jeffcookrealestate.com
Interested in buying a Charleston area home? Visit: www.discovercharlestonareahomes.com
Interested in buying a Charleston area home? Visit: www.discovercharlestonareahomes.com
-Jeff
Cook
Jeff
Cook Real Estate
Charleston,
SC
Mental Yoga: A Six-Step Guide To Making Time For The Activities You Love
Everybody
struggles with not having enough time. This is such a common issue that a lot
of people have given up even trying to make more time for themselves.
However,
there are certain methods you can use to make time for things you want to do.
Wednesday, August 27, 2014
Feng Shui 101: How This Ancient Art Can Help Improve Your Home Staging
It is a buyer's market, making home selling a
challenge that can range from relatively simple to downright frustrating.
Boosting ones' chances of selling their home can be done in a number of ways.
One simple way is to utilize the art of Feng Shui - an ancient Chinese art,
used to manipulate the flow of energy in your home.
Feng Shui can be as inexpensive or as costly as you
would like. Using what is already on hand is one way to keep it free, but
sometimes a simple coating of paint on the front door or a few decorative
pieces can make a big difference in the room.
Sellers, Beware: Five Reasons You Might Not Get Top Dollar when You Sell Your Home (And How to Avoid Them)
For most people, their home is their largest asset,
so they want to maximize that asset by getting top dollar when they sell. Here
are a few reasons you might not get top dollar when you sell - and how to avoid
them!
Selling
At The Wrong Time
From early spring to late summer is home-buying season for most people, especially those with children. Putting your house on
the market during this period is when you are likely to get top dollar for it.
Early fall is also a good time to list your home. Winter - especially December
- is the worst time to list. If you list your home outside of prime selling
season, you are likely to get less for it than you could have otherwise.
Tuesday, August 26, 2014
Charleston, SC among the Top Property Hotspots in the World
The world's most common asset is property, and in recent years, with prices plummeting to well below peak levels, it's been very much a buyer's market for quite some time.
Unsurprisingly, those who have benefitted most during these times of recession have had quite a bit to lose before things went out of order across the globe, therefore it is no wonder that the strongest recovery in global property markets has been at the top end, in prime markets such as London and New York.
Rich investors have found value in these places and they are now considered the ten hottest property investment destinations for the ultra-rich:
1.) Vail, Colorado
2.) Jackson Hole, Wyoming
3.) Kauai, Hawaii
3.) Kauai, Hawaii
4.) Anguilla
5.) Antigua
6.) Patagonia, Argentina
7.) Tel Aviv in Israel
7.) Tel Aviv in Israel
8.) One Hyde Park in London
9.) Monaco
And of course our very own….
10.) Charleston, South Carolina.
10.) Charleston, South Carolina.
Monday, August 25, 2014
Tight Foreclosed Home Market Takes Heightened Scrutiny
If you’ve been following foreclosure news, you already
suspect that cashing in on foreclosed home opportunities in Charleston, SC must
be getting more difficult. According to CoreLogic’s Insights report at the end of last month, foreclosure inventory across
the nation had dropped 35% from a year earlier. Whenever the number of available
bank-owned homes shrinks, the tighter market produces some predictable results:
the best deals are usually snatched up quickly with multiple offers and/or
higher-than-asking prices, while questionable deals—foreclosed homes priced
over market or requiring too many dollars in repairs—seem to predominate.
Friday, August 22, 2014
Choose a New Charleston Area Home That Addresses Tomorrow’s Needs
“At the end of the
day...” “The bottom line…” “When all is said and done…”
The final verdict on whether any activity is ultimately deemed
a triumph comes down to how successfully it addresses future circumstances. It’s
especially relevant when you find yourself at the outset of searching for a new
Charleston area home.
Property Type Wording Cues Charleston Prospects’ Expectations
If you are preparing to sell your property in Charleston,
SC this fall, it’s worth considering what the marketing angle will be: how to
characterize it most accurately—and appealingly. It starts with the choice of
wording for your home’s property type, which will set up prospective buyers’
expectations before they come upon the more detailed description.
Thursday, August 21, 2014
Charleston, SC Rental Homes Sometimes Do Well to Welcome Pets
Owning rental homes in Charleston, SC may be a profitable
venture, but sometimes the image of a landlord could use a little public
relations boost. For instance, the cartoon version of a landlord is the
opposite of pet-friendly. Lassie or Puff?
Fuhgeddaboudit!
That parody landlord attitude might once have been pretty
much on target—even in rental homes in Charleston, SC —because many landlords have
traditionally been automatically against pet ownership in their Charleston rental
homes.
Wednesday, August 20, 2014
Skipping the Charleston Real Estate Agent: Expensive Choice?
Even though nearly 9 out of 10 homeowners ultimately enlist
a real estate agent to sell their properties, let’s face it: the thought of
going it alone does go through many minds. And surveys confirm the primary motivation,
which is, of course, saving the agent’s fee. Pocketing that cash would add that
much more to the bottom line—that’s just common sense! Isn’t it…?
Tuesday, August 19, 2014
Charleston Rental Owners Take Advantage of Tax Benefits
As a homeowner in Charleston, you are pleasantly reminded each
April 15th that the interest portion of your mortgage payments is
100% tax deductible. When you own a Charleston, SC rental property, though, the
tax implications are considerably different. You need to report rental payments
you receive from your tenants as income—but you’ll also be able to write off some
related expenses, as well.
Selling a Home in Charleston, SC and the Renovation Puzzle
When you are selling a home in Charleston, SC, two underlying
unknowns are always present. How long it
will take? Is one. The second is what
will the final selling price be?
The answer to that second one at least partially depends
on actions the person selling the home controls, since performing renovations
and add-ons boosts a property’s salability. But which renovations add the most
value? Even though considerable study has been given to the issue, for any
given home it’s difficult to pin down which are most likely to have the
greatest impact.
Monday, August 18, 2014
When Investing in Real Estate, Stick to Your Strategy
If you have been doing groundwork with an eye toward
investing in Charleston area real estate, chances are you’ve also been watching
some new national movement in housing sales. Last month’s Real Trends Housing Market Report showed U.S. sales of 5,880,000 units
(a 5.1% increase over June 2013 numbers): “a substantial improvement over the
five prior months.” Prices also continued to rise across most of the nation, though
at a slightly slower rate. It’s the consistency of the appreciation that has
continued to attract investors.
Friday, August 15, 2014
Architects Report Size, Accessible Homes on the Rise
When the American Institute of Architects reports on emerging
trends, sooner or later they’ll be showing up in the Charleston listings.
That’s been true of one trend the AIA started reporting in 2010: the move to ever-larger
square footages.
Wednesday, August 13, 2014
Digging for the True Cost of a New Charleston Home
When you begin scouring the Charleston,
SC listings for a new home, the cost of the home appears to be right there at
the top: the asking price. All the other details about the property are there,
too, but they usually get close attention only after that dollar amount at the
top falls within (well, is at least close
to) your target number.
Tuesday, August 12, 2014
Locating the Neighborhoods in Charleston, SC that Fill the Bill
There’s a lot you can change about a house. You can
repaint it, renovate the interior, landscape the yard. The one thing you can’t
change is its location—and there’s abundant truth in the familiar list with the
three most important words in real estate: location, location, location…
Monday, August 11, 2014
Overpricing Your Charleston, SC Home: Why and Why Not
A crucial part of selling your Charleston home comes right
at the outset—when you set your asking price. It boils down to a decision to go
high (the I-love-this-place-and-gotta-have-it-no-matter-what
price); or low, with a number that is just under neighborhood comparables (the I’d-better-snap-this-up-before-someone-else-does
price).
Friday, August 8, 2014
Which Type of Pool Is Right for You? We Look at the Best Designs for Your Backyard
The
decision to install a pool is generally one that is applauded by at least
certain members of the family. Whether you have children or not, however,
having a pool at home is certainly something you can enjoy for yourself. But
what if you don't think your yard is particularly suited to a pool? Don't rule
out the idea just yet; instead, consider some of these different pool designs
to suit different sizes and styles of backyards.
Thursday, August 7, 2014
Wrought Iron: A Simple, Strong, and Beautiful Addition to Any Modern Home
Wrought
iron is a classic accent that has been used to beautify homes for centuries.
The strong and simple elegance of wrought iron is a wonderful addition to any
modern home. It can be incorporated into home design in many different ways.
Wednesday, August 6, 2014
First Time Home Buyers Described in Yearly Report
The upheaval in global financial markets over the past few
years may have been unnerving for almost everyone, but among the hardest-hit
group was first time home buyers, in Charleston, SC and across the country.
Many had to deal with the stress caused by an uncertain economy, the fallout on
business and job security, and, more directly, a pronounced increase in the
difficulty of securing mortgages.
Tuesday, August 5, 2014
3 Things to Keep In Mind When Negotiating a Home Purchase
Negotiating tactics.
It’s a topic that business authors adore. This is perennial best-seller
territory…so much so, you could probably fill a moderate-sized home library
with titles like The Art of the Deal
and Getting to Yes.
Monday, August 4, 2014
The One Chance a Charleston, SC House for Sale Can Count On
“You never get a
second chance to make a first impression.”
It’s a saying that job applicants (at least the successful
ones) take to heart. It’s why a lot of serious primping goes on before a blind
date. It’s why movie directors spend as much time as it takes to light and
prepare the first shot that will introduce their lead actress. And if you’re
going to have a house for sale in Charleston, SC this summer, it’s why it’s
worth it to take pains to make its
first impression as strong as possible.
Friday, August 1, 2014
Listings Missteps to Avoid…Any Time of the Year!
The Charleston, SC listings aren’t dominated by any
particular kind of seller—like local listings everywhere, all kinds of
homeowners are represented. One attribute they generally have in common is the
motivation to make their sale happen quickly. Sometimes that’s because they
have settled on a new home purchase and want to avoid months of paying double
duty on multiple residences. Sometimes a seller is relocating; sometimes
there’s been a death or divorce. Regardless
of the reason for entering their property in the Charleston area listings, most
sellers are strongly motivated to do what it takes to accomplish a sale.
Subscribe to:
Posts (Atom)