Once your home is under contract, the buyer will probably want to do a home inspection. (This will have been noted in the offer on your home.) The purpose of the home inspection is to ensure there are no major property condition issues to deal with. The home inspector will produce a report for the buyer on any needed repairs and suggested maintenance. The buyer will then negotiate with you for requested home inspection repairs.
As you consider retiring, you may ask will your current home fit your retirement lifestyle. Recent data from the the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom with more than 1.7 million older workers retiring due to the pandemic. Will your current home fit your retirement lifestyle? Here are some things to consider in deciding whether to make a change.
People may question them but having a home warranty is something that both buyers and sellers should be thinking about, as it’s something that can protect against expensive, unforeseen repair bills and provide peace of mind for a homeowner.
Choosing a home warranty or not is a decision every buyer will have to make, and just like deciding on any insurance policy, one needs to compare the pros and cons.
A home warranty is basically a contract between a homeowner and a home warranty company that provides discounted repair and replacement service on a home’s major components, such as the furnace, air conditioning, plumbing and electrical system. A home warranty may also cover major appliances.
This can be a nice perk to a potential sale. A seller may offer to purchase one on behalf of a buyer to provide insurance against something happening. If not, the new owner will most likely be presented with a number of solicitations to purchase a home warranty once the sale closes.
Example: You recently bought a home and within the first two months, the air conditioner breaks. If you have a home warranty, you simply file a claim and they, in turn, would find a provider they work with to fix the problem. And if it can’t be repaired and there were no care issues on the part of the new homeowner, the warranty company would be obligated to replace it.
Other things usually covered in a home warranty are a furnace, duct work, ceiling fans, plumbing, telephone wiring, the water heater and even a pool.
If you’re selling a home, having one can protect you in case something happens during the course of the sale—between the showing and the actual contract signing.
Home warranties make sense for people who aren’t too handy or who don’t want to worry about tracking down a contractor when they have a problem. Warranties can also make sense for people with expensive taste in appliances.
A home warranty isn’t too expensive, and many home warranty companies run special sales and either discount policy prices or offer additional coverage. All policies are for a one-year period and can be renewed.
After over 30 years in real estate, I want to share my value proposition so that it is there for review and evaluation by future clients and colleagues.
Home staging before you go on the market is an important item on that check list that will increase the net proceeds from the sale. First you should declutter your home. Second you should take photos of your home and then start moving furniture and decorations around to highlight the best features of your home. Finally, you should consider whether to hire a professional stager to bring in additional furniture to enhance your home! If it is empty, then you can have your home completely staged with gorgeous new furniture.
Should you have a pre-listing appraisal done before you put your home on the market? When you are getting ready to list your home, you may be unsure about the price to choose that will bring you the best offer. A pre-listing appraisal can be a real advantage to you and to the buyer planning on making an offer on your home. We recommend that you have a professional appraisal done before you put your home on the market to determine the best price to bring you highest sale price possible. Then you will share the appraisal with interested buyers so that they know that your price is the correct price for your home.
The Carleton is a smaller elegant building in the heart of Friendship Heights with a doorman who greets you by name. This luxurious building at 4550 N Park has a great 24 hour front desk and a heated outdoor pool. You can walk to the Metro, Whole Foods, and lots of shops like Bloomingdale’s and Tiffany. There is ample parking, extra storage, and each condo has a washer and dryer in the unit.
Welcome to the Willoughby Condos in Friendship Heights. This building is loved for its amenities, location close to shops and restaurants, and well priced condo units. The Willoughby of Chevy Chase Condominium is the largest residential building in the Friendship Heights neighborhood. In fact, the Willoughby is so big that it has two addresses. You can live at 4515 Willard Avenue or 5500 Friendship Boulevard – with entrances at each side. Choose from 815 one-, two- and three-bedrooms and two sizes of studio.
Madison Park Condos at 5000 Battery Lane in Bethesda is perfect if you are looking for the best small condo building in the Woodmont Triangle. The condos have balconies, washer dryers in the unit, wood floors, big windows and great closets. It is just a short walk to two metros and it is pet friendly.
Has spending more time at home lately had you reconsidering your space? The quirks you lived with just a few months ago might not be so easy to dismiss when you’re stuck with them all day, every day. I think many of us are going through a Goldilocks moment. Our homes are too big, too small, too old, not in the right place, etc. etc.! Are you ready for a new home that is just right? A lot of us are going through that evaluation. Here’s how to tell if your relationship with your house can recover or if it’s time to move on.