Buy a Daytona Beach Area Home And Cut The Grass!
July 31st, 2007 Categories: 1st Time Port Orange Home Buyers, Daytona Beach Real Estate, Port Orange Baby Boomers, Port Orange Real Estate
It Is A Buyer’s Market for Daytona Beach Real Estate! Sellers out number potential purchasers by far. Buyers are happy but my experience has been that there are so many choices for my buyers and it complicates decision making for them.
Florida Real Estate inventory in Volusia County remains high. There are so many homes for sale due to the slow down in sales and foreclosures. I recently read an article authored by Rick & Ines of Miamism.com, which also indicated a slow down or buyer’s market as we are experiencing!
If you notice homes with high grass and unkempt properties it is an indication that the home is vacant and there is a problem. It seems that most homes I show to buyers are vacant! It is really unfortunate because when these homes remain vacant and lawns and pools are not maintained, they show poorly. I have to remind my customers that they need to look beyond the mess or look at the space and not what occupies it!
The houses that sell for significantly lower prices often are in disrepair. Although they may sell for less than appraised value, you have to consider the money required for repairs. Prior to making any hasty decisions contact your Realtor and obtain a market analysis of sold or close comparables in the area to justify the home price. If you buy a foreclosed home, remember they are sold “as is” so they don’t come with warranties and sellers aren’t required to disclose any problems. Buyer beware… Get a home Inspector or you’ll be sorry!!!
There are so many affordable and ready to move in Port Orange and Daytona Beach area homes on the market in all price ranges. Sellers are attracting buyers by adding incentives such as owner-financing, rebates, or large “redecorating allowances.” Home warranties at the seller’s expense or for the seller to pay closing costs for the buyer are other contingencies.
Buyers: Ready to start your dream home search? Contact me and I can guide you on finding the perfect home in Port Orange FL to suit your lifestyle and needs.
Sellers: Ready to sell your home? Get started by finding out what your home is worth by clicking here.
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