Buying a home can be an exciting time and there is no better time to buy and take advantage of low mortgage rates and prices. Buyer beware, just because it is a good deal you still need to do your due diligence before signing on the dotted line. Here are some potential purchase pitfalls to look for:

Do-it-yourself anything

Does the home you are purchasing have a great finished basement, new deck or three season addition? Check with city or town hall to make sure the work was done to code and the proper permits were pulled. Things not done to code can be expensive to fix and can ultimately lower the home’s value.

Structural problems

Structural problems are a big red flag. Have a professional home inspection and if need be have a structural inspection on the home. Things to look for include doors and windows that don’t open and close properly and cracks along the foundation. Some cracks may be harmless and normal settling but typically the bigger the crack, the bigger the problem. Structural problems are usually a deal killer as they can be very costly to fix.

Insect damage can be part of a much bigger problem. Signs of excessive termite or pest damage does not tell the whole story and often there is unseen damage inside the walls. This may require a special pest inspection to determine if the home’s studs have been compromised thus affecting the home’s structure.

Water damage

Another potential problem is water damage. Water damage can cause the failure of the foundation. Water needs to be always draining away from the house. Look for moisture or water stains in the basement. This may indicate a drainage issue. Also be sure to check if the home is in a flood zone. Water in the home can also cause mold. Mold can lead to many serious health issues and is expensive and time consuming to remove. Mold should always be removed by a professional specializing in mold mitigation.

Electrical work

Do-it-yourself electrical work or antiquated electrical can be a recipe for disaster. When looking at homes be wary of electrical work that has been added on over the years. If the home has an addition make sure to ask if the current electrical system is enough to handle the additional square footage. Be wary of older knob and tube wiring or aluminum wiring this can be very expensive to replace.

A professional home inspector should always be able to help point out potential pitfalls in a home before you purchase it. Never skimp on peace of mind. To find a qualified home inspector you can check with the National Association of Home Inspectors.


Date: 04/18/2015 Time: 11:00 AM to 12:30 PM  
For Directions: click on the map image or feel free to contact me.  
For more information: click here for the full details  

Custom built home bursting with extra space and lavish amenities! Over 5000 square feet of wide open space lined with luxury! Impressive marble lined floor to ceiling foyer guides you to be instantly greeted by the granite filled, sun drenched kitchen at the heart of the home. Family gatherings naturally happen in the cathedral ceiling family room centered by an impressive fireplace. Overlook your flat back yard highlighted by an in ground pool, a paddock and barn perfect for your equine family members! Access exterior amenities with ease from your walk out basement perfect for overflow, in-laws, in-home business etc. The HUGE, sunken master suite offers a romantic retreat with a Jacuzzi tub, fireplace, steam shower and an amazing walk in closet. So much space and quality, yet room for more with a 4th garage stall in the rear of the property, full walk up attic and over 2 acres of serenity with dynamic uses and thoughtful consideration for how to best enjoy HOME!!!!

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Custom built home bursting with extra space and lavish amenities! Over 5000 square feet of wide open space lined with luxury! Impressive marble lined floor to ceiling foyer guides you to be instantly greeted by the granite filled, sun drenched kitchen at the heart of the home. Family gatherings naturally happen in the cathedral ceiling family room centered by an impressive fireplace. Overlook your flat back yard highlighted by an in ground pool, a paddock and barn perfect for your equine family members! Access exterior amenities with ease from your walk out basement perfect for overflow, in-laws, in-home business etc. The HUGE, sunken master suite offers a romantic retreat with a Jacuzzi tub, fireplace, steam shower and an amazing walk in closet. So much space and quality, yet room for more with a 4th garage stall in the rear of the property, full walk up attic and over 2 acres of serenity with dynamic uses and thoughtful consideration for how to best enjoy HOME!!!!

This is a Colonial style home and features 9 total rooms, 3 full baths, 2 half baths, 4 bedrooms, 2.07 Acres, and is currently available for $775,000.

For complete details click here.

Is your house a listing loser? Have you been on and off the market for years? There are many factors that influence whether a house sells or not. While most people will point directly to price, that may not be the only reason why a home sits on the multiple listing service without showings or offers and ends up on the expired list.

Here are just a few of the reasons why homes don’t sell:

1. Price

The most common reason and usually the biggest factor is price.  Often a home is priced too high because sellers have unrealistic ideas about what their home is worth. Other sellers insist on basing the price of their home on their own personal financial situation and not the market.

Even if a seller is willing to adjust the price of a home after listing it too high, it is the original asking price that matters. Pricing a home competitively will ultimately yield a higher sale price.

2. Location, location, location

It is true location matters. Even the nicest house cannot always overcome a bad location. Homes that are on busy roads, close to high tension wires, power plants, waste-treatment facilities or other objectionable locations will struggle to sell. The only way properties in undesirable locations sell is when the seller understands that the asking price is significantly lower than similar homes in prime locations.

3. Having the nicest home in the neighborhood

It may feel good to have the largest or nicest home in the neighborhood but buyers won’t appreciate that. Buyers are not only paying for the home but also what is around it. If your home offers much more than other homes in your neighborhood you will have a tough sale.

4. The decor

A home should appeal to almost everyone. So if your home has loud wallpaper, brightly colored walls, or an outdated kitchen it will be a turn-off. Most buyers won’t be able to look beyond the 1970s kitchen and see the good qualities a home has to offer.

5. A dysfunctional floor plan

The addition you added on may be your pride and joy but when the buyer looks at it they see it as a barrier to a sale. Many homeowners add additions or change the floor plan of their home to suit them. They were not thinking that it might not be okay for a future buyer to walk though a bedroom to get to the family room addition. This sometimes applies to older homes as well, smaller rooms and lack of storage does not top a buyer’s wish lists.

6. Too many repairs

If the home needs a lot of repairs, the buyer sees a money pit. Today’s buyer is much more reluctant to take on a lot of renovations.

7. Bad Marketing

This can be the agent’s fault as much as the seller’s fault. Are there agents who could do a better job marketing a home? Of course there is. Often times, the agent is limited by the seller’s willingness to help. Agents that are forced to show photos of messy, outdated homes on MLS are not starting off on the best foot. There is only a small percentage of buyers who are able to see past the mess and cosmetic issues.

8. Unavailability

Sellers sometimes do not make their home available for showings and this can hurt the sale of the home. Buyers have tight schedules and often want to view homes at inconvenient times. Sellers must try to accommodate as many showings as possible. You never know who the buyer will be or when they will want to look at the home.

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