June 2008 - Posts

Warning Positive Home Sales News Maybe Dangerous To Your Health!
13 June 08 04:05 PM | homesfortmill | 1 comment(s)

 

 Warning: The Sturgeon General advices you to be careful reading or listening to positive homes sales news which maybe dangerous to your health or at least a shock to your system compared to the normal news environment. Care should be taken when reading or listening to positive news.

I get up every morning with a positive attitude with the goal to make it a positive day. During my morning drive to work I listen to the news talk radio station. I don't know about you but I almost hate turning on the radio or any news these days. My positive attitude flies right out the window after listening to a few minutes of the morning economic news. Most of the news seems to be about the bad housing market, failing mortgage market, and of course the main headline these days the high gas prices. So here is my attempt to go against the news trend and share some good news for a change.

The National Association of Realtors® released this week their homes sales forecast based on April's pending home sales index data. April's index showed a national gain in homes sale contracts of 6.3% over March.  NAR's economists forecast a continued moderate home sales increase in the next few months and it may get better in the second half of the year.  

The West coast has shown the most improvement. Positive sales growth was also felt in the Midwest and the South. The Northeast was still showing a decline by 1.9%. Pending homes sales numbers have picked up significantly in areas seeing significant home value price drops like the West. But economists predict home values will stabilize in most areas in the second half of the year.

 As for the Fort Mill, Tega Cay SC area, the Charlotte Regional Realtors Association reported steady increases each month from January through April which is consistent with the NAR report. The total homes under contract nationally and locally are below last years numbers but the positive news here is the sales are gaining each month. 

I apologize if this news is shocking to you. I know this is not the normal news you hear now days. I hope this news may brighten your day or moment until the next negative news story hits. It's no problem, this positive info is free of charge. Maybe I should listen to those old 8 tracks in the car instead of the radio news. Ops, I am dating myself. Enjoy the positive news for moment at least.

This ends the postive news warning....

By Scott (Carmen's Husband)

Post Link:  http://homesfortmill.com/local-information-fort-mill-lake-wylie-carolinas/warning-positive-home-sales-news-maybe-dangerous-to-your-health/

from my blog http://homesfortmill.com/

Carmen S Miller
Century 21 First Choice
Fort Mill, SC
803.322.3479
carmen.miller@century21.com
 
Who Inspects Their Home Before Purchase?
06 June 08 03:53 PM | homesfortmill | 6 comment(s)

What is one of the most important things to do when buying a home? Visualize were your furniture will go in each room. Well... yes that is part of the processes but more importantly hire a professional to do a home inspection.

So even if you manage to find the perfect home a good home inspection can help you understand exactly what's not so perfect about the home you're going to buy. That's a good thing. Because when you're buying a home you're also buying all of the home's problems too.

You're making a large investment in the property and it's nice to understand exactly what you're buying. A structural problem or a heating and air condition system that isn't functioning properly can be expensive to fix. So conducting a series of thorough inspections is a lot like buying an insurance policy against future expenses or knowing more about what you are buying into. Keep in mind, however, that home inspections are not a warranty or guarantee of the home.

What is a typical home inspection like? A home inspection typically includes an examination of the heating and central air conditioning systems, interior plumbing, electrical systems, the roof, attic, visible insulation, walls, ceilings, floors, windows, foundations, and basements.

A typical home inspection will take about 2 to 4 hours depending on the type of home; an unoccupied one story home on a concrete slab will take about 2 hours, where an occupied two story home on a crawlspace foundation will take about 4 hours to complete.

Although the home inspection report should include detailed descriptions and color digital pictures of any defects in the home, it is best if you are able to attend the inspection for a review and discussion of the findings. You, your agent, the owner/sellers, etc. should attend the entire inspection. Once the inspection is complete, you should walk through the home with the inspector to discuss any concerns or defects that may be present.

Some things that are not included in the general inspection are:

  • Appliances that are not installed
  • Building Code Compliance
  • Environmental issues such as Radon, Mold, Lead, etc. (unless specifically requested) I would recommend including a least a radon test for the Fort Mill/York County area.
  • Systems/components/areas that are not readily accessible or readily visible or shut down.
  • Cosmetic issues (Acceptability is subjective and should be determined by the client)
  • Exterior features such as retaining walls, storage buildings, pools, etc. (Unless their condition may affect the building)
  • Low voltage systems/components such as: intercom, security systems, antennas, etc.

You will most likely have to hire a separate professional to do a termite inspection.

If you are selling your home, have an inspection done before you put your home on the market and you may avoid any surprises when potential buyers have a home inspector check it out. You may choose to have any repairs made using a contractor of your choice without having to satisfy a potential buyer or you may choose to disclose the conditions you are not going to repair and protect yourself from liability of nondisclosure claims.

Should you hire a home inspector when buying a new home? Absolutely. Just because the home is new doesn't mean there aren't problems. The contractors building a new home are human and make mistakes. There is no better time to catch and fix mistakes or problems than before you close and move in.

Make sure the home inspector is at least a member of the American Society of Home Inspectors and other local associations and accreditations. Carmen can recommend local home inspectors. Contact Carmen for more information or questions about the home inspection process.

Post Link: http://homesfortmill.com/tega-cay-fort-mill-real-estate/who-inspects-their-home-before-purchase/

from my blog http://homesfortmill.com/

My website http://carmensmiller.com

Carmen S Miller
Century 21 First Choice
Fort Mill, SC
803.322.3479
carmen.miller@century21.com