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Tips to get your home ready for a showing

by Kijner & Sons International Realty

Making some small improvements to your home prior to showing it to potential buyers can give a great first impression and could make a difference on how quickly you get an offer and how much you may obtain from the sale of your property. Here are 4 tips to get your home ready for your next showing:

Curb appeal

Does the outside of the home makes the prospective buyer want to see the inside? Make your home more inviting with:
- a well-kept lawn
- an inviting porch
- a clean driveway
- flower pots on the backyard
- touch-up on the exterior paints
- a clean roof
- clean trash bins
- a fresh coat of paint for the front door
- clean windows

Simplify

What about a deep cleaning of the interior by hiring a cleaning crew if necessary?
- Beds should be made
- Remove extra furniture and nick-knacks
- Get rid of clutter, old magazines, toys, etc.
- Add new side-cushions to the sofa
- Make room in closets to give the appearance of a more spacious storage area
- Make sure all light bulbs work
- Display new towels, shower curtains and soap in bathroom and kitchen
- Remove excessive personal photos
- Remove small appliances from kitchen counters
- Declutter and clear the garage

Update

New coat of paint inside may increase the value. You may consider replacing non- working items.
- Replace non-working appliances
- Get new hardware on the kitchen cabinets
- Get new kitchen sink faucet
- Have a professional cleaning of carpets or tiled floors

Foresee

It is likely the buyer will have inspections done. Avoid surprises and complications. Know the condition and the repairs that would be essential to the home and use them on the negotiations. Be honest and upfront.

Looking to buy a new home or investment property in Miami, Florida, contact us today at info@kijner.com or visit www.miamihouseforsale.net

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* Tips courtesy of Mrs. Terry Alvarez, Broker at Fortune International Realty in Miami Florida
** KSI Realty's team members (Daniel, Laura and Marc Kijner) are all licensed 
Realtors® in Florida and real estate agents with Fortune International Realty in Miami, Florida

5 pros to buying pre-construction

by Kijner & Sons International Realty

If you have ever wondered between buying a resell property versus a brand new pre-construction unit, here are 5 pros to the latter:

1. Buyers will have ample time to come up with the purchase price. Instead of having to pay all of the required purchase price at once to close, buyers can spread out the deposits, and save for the balance to close usually for the term of 2 years or longer.

2. Buyers will be part, along with all other new buyers/neighbors, of making the history for this brand new community. There will be more flexibility in implementing the rules and customs for that particular community. When buying a condominium, a buyer may contribute in forming the Homeowners Association and participating on the forming of the Board.

3. The property, as well as the common areas, will be all brand new and sparkling. Life expectancy for all appliances and equipment will be longer and usually, cost for repair and replacement of appliances are less for the first 5 years.

4. Buyers get to pick exactly the décor they want without having to compromise for what is already existing. Picking up the details of a brand new home could be the most fun and exhilarating of the home-owning experience.

5. There is a big chance that if a calculated, well-guided investment was made, the % opportunity of price increase is greater than on an existing property.

Looking to buy a new home or investment property in Miami, Florida, contact us today at info@kijner.com or visit www.miamihouseforsale.net

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* Tips courtesy of Mrs. Terry Alvarez, Broker at Fortune International Realty in Miami Florida
** KSI Realty's team members (Daniel, Laura and Marc Kijner) are all licensed
Realtors® in Florida and real estate agents with Fortune International Realty in Miami, Florida

The right of first refusal

by Kijner & Sons International Realty

The right of first refusal to purchase clause on a lease may seem clear at the time a lease is negotiated and it is usually viewed as an incentive to the tenant since it does not cost anything. However, a right of first refusal, unless it is very clearly stated on the lease, might complicate matters.

The right of first refusal gives the option to the tenant that before the landlord/seller can sell the property, the tenant must be given the opportunity to purchase it for the same price, terms, and conditions as the offer received from an outside third party.

1. The lease shall state a specific amount of days for the tenant to respond as to whether he accepts or rejects his right to purchase the property.

2. The lease must give certain amount of days for the tenant to have the purchase contract drawn and executed after he/she is notified of an outside offer has been received

3. The provision should state if this is a one-time right or if it continues during the term of the lease for every offer the landlord receives.

4. The third party offer must be in writing and signed by the prospective buyer before it is presented to the tenant for his consideration.

5. One of the complications that it may occur is that if the tenant declines to meet the price being offered by the outside third party, and later on the property closes a a lower price, after the initial agreed price is reduced due to defects found during inspection period, the tenant may claim he was not given the opportunity to buy at the lower price.

6. All communications must be transmitted in writing and are time sensitive.

7. The lease shall define very clearly if any sale to a third party is going to be subject to the existing lease or if tenant or landlord may have the right to terminate the lease at the time of the sale.

Any Realtor® taking a listing with a lease in place should be made aware by the owner if a right of first refusal is in effect. The Realtor® should review these provisions and clearly understands whether or not the listing Realtor® would be entitled to a commission in case such right of first refusal is exercised by the exiting tenant. The Realtor® should be prepared to assist owner/landlord navigate these troubled waters.

Do you have questions about purchasing or selling a property with a tenant in place in Miami or Sarasota Florida ? Contact our Florida agents today at info@kijner.com. You'll be glad you did :)

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Courtesy of Mrs. Terri Alvarez, Broker at Fortune International Realty, Miami FL

 

 

Profile of International Home Buyers in Florida

by Kijner & Sons International Realty

Florida has always been an attractive place for foreign investors but of few regions and countries account for a majority of home sales to international buyers. Kijner & Sons International Realty is pleased to present a recent survey by Florida Realtors® which describes this specific market and clientele in 2010.

Percentage of recent sales to international clients in 2010


> Canada accounts for 36% 


> Western Europe accounts for 29%

   - United Kingdom: 15%

   - Germany: 5%

   - France: 3%

   - The rest of Western Europe: 14%


> Eastern Europe accounts for 7%


> Latin America accounts for 16% (including Mexico, the Caribbean nations, Central America and South America)

    - Venezuela: 3%

    - Brazil: 3%


> Asia & Australia account for 6%


> Africa & the Mideast account for 6%


To read the complete report titled "Profile of International Home Buyers in Florida", click here

Florida Real Estate: Overcoming Buyer's Remorse

by Kijner & Sons International Realty

Buying a new home in Miami can be an incredible experience – especially if you're a first-time buyer or if you've finally found the house of your dreams after a long search. You may have spent months finding the perfect home, weighing your options and working with a real estate agent to find the best match. It could be the result of a last-minute decision that was too good to pass up. Either way, it's not uncommon to have feelings of regret soon after the house purchase is finalized. Known as “buyer's remorse,” it's that sensation many people get when they realize they've just made a major commitment to a new home.

If you do find that you're second-guessing your home purchase or condo long after the papers have been signed, it's important to take a step back and evaluate the situation. In almost all cases, buyer's remorse is a temporary feeling that can be overcome in a few easy steps.

• Weigh the pros and cons of the house. This should be done both before and after you make your FL real estate purchase. Every house, no matter how old it is or where it is located, is going to have its benefits and drawbacks. The important thing is not to concentrate too heavily on either one. The balance of the good and bad in the house is what is going to turn it into a home.

• Personalize the space as soon as possible. Many times, the reasons behind buyer's remorse have very little to do with the house itself and more to do with your feelings about it. It is an unfamiliar place, with few of the associations you're used to. Start with just one room and make it yours, whether you do it with paint, decorations, or a bookshelf full of all your favorite knickknacks. Having at least one place where you feel completely at ease will help you feel better about the house as a whole.

• Address the flaws, one at a time. Perhaps you didn't realize that the hot water tank only offered five minutes of hot water. Maybe you didn't accurately measure the living room, and your beloved leather couch set won't fit in the space. It's possible you even failed to notice that the dark patch on the ceiling is actually a plumbing problem. Getting a house inspection prior to the sale will go a long way in helping you avoid these problems, but even the best inspection won't find every single little flaw in the house. The best thing to is to try not to focus on the “what-ifs” of the home purchase and put your mind to the tasks at hand. With a clear head, figure out the costs associated with repairs or figure out how you might adjust your “perfect” setup to make the space livable. Many of these types of problems will arise over time anyway – no house is perfect, and even the newest models will inevitably get hit by wear and tear.

• Stop searching for other Miami homes for sale. When you're buying a home, you're most likely pouring over magazines, constantly checking Internet real estate listings, or even hitting the streets themselves in order to find the perfect residence. This can be a hard habit to break, especially if you're afraid you didn't make the right choice. However, avoid the temptation to keep looking. Chances are, those houses aren't as perfect as you think they are, and they're just holding you back from loving your new home.

• Take time to relax and enjoy. Buying a home is a big step, and it can also be a stressful one. Take a brief vacation. Spend a weekend not doing home improvements or moving your belongings. Remember why you fell in love with the house in the first place.

By the time you settle into your new home and your regular routine, any feelings of buyer's remorse are going to be long gone. As long as you do your homework ahead of time and work with a Miami real estate agent you trust, you can rest assured that your home will be the right one for you, and in time, you'll wonder how you were ever able to consider living anywhere else.

Displaying blog entries 1-5 of 5

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83-85 Boulevard de Charonne, 75011 Paris, France


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