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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

 

 

Getting your House Ready for Sale

by Kijner & Sons International Realty

Most homebuyers will prefer a home that’s in turn-key, move-in condition. When looking at a home, buyers want to focus on what’s great, not what needs fixing or is in poor condition. Sellers can do a lot to make sure their home shows well and will get better offers than those that are in obvious need of TLC. The idea here is to take the attention off areas of superficial concern that buyers might otherwise focus on. Every negative adds up in the buyer’s mind, so it’s wise to do some basic updates and repairs before the home goes on the market.

Update Kitchen & Bathrooms

While a complete kitchen or bath remodel may not be possible or practical – and may not give a full return on the investment – some updating of these rooms will go a long way in appealing to potential buyers. In many neighborhoods upgraded and updated kitchens and baths are the norm and anything less will be looked upon negatively.

If the stove and refrigerator are clearly old and in less than perfect condition, they should be replaced. An updated kitchen faucet is another nice touch that doesn’t have to cost a lot. In the main bathroom, have the tile flooring professionally cleaned and the grout sealed. If the tile floor is in bad shape, replacing it with new, basic tile will make it a non-issue. Here, too, an updated faucet is often a good choice. If there is a shower curtain, replace it with a new, neutral style, or better yet, remove it altogether for a tidier appearance.

Clean or replace carpets

It should go without saying that carpets should be shampooed and in good condition. If the carpet looks worn and stained, the best choice is to simply replace it. The same goes for kitchen flooring – if it’s in bad shape, new flooring is the way to go. Depending on the situation, a new floor can often be installed right over the old one, which can mean less work and cost. Any replacement flooring should be neutral colored and does not have to be top-of-the line quality; the most important thing here is that it looks good and does not draw negative attention.

Enhance the Outdoors

Outdoors, replace any missing or damaged fence boards. It may be obvious that they’ve been replaced, but that’s preferable to leaving the fence in bad shape. Shrubs should be trimmed and kept neat, and weeds pulled. A thick (and quick!) application of bark mulch will help planting areas look clean and neat instead of a mess the new owner will have to deal with. Check around the exterior for any peeling paint or cracks that can present themselves as problems if not corrected.

Above all, remember that a buyer will have a better impression of a home that looks its best. After all, one of the first impressions you want a buyer to have is “It looks like this home has been well taken care of” – and let the home shine.

For more tips that will help you get your house ready to sell, just click here.

Are you looking to sell or buy a house, a condo, a villa or an apartment in Miami Florida or New York City? Do not hesitate to contact us at 
info@kijner.com or visit us at www.kijner.com

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