Monday, February 5, 2007

Real Estate Update

Lehigh Acres, FL -As it is when we are in a buyers market…now is the time to jump in the market if you are an investor. There are some great deals out there. Tons of new homes for great prices but are people overlooking the re-sale deals? There appears to be somewhat of tunnel-vision for new home purchases and it can be understandable why…there are so many of them out there! Let’s not forget to consider the importance of “location, location location”. I am not just talking about the proximity to your work, or the city. I am talking about a very important issue that few are considering- City Water and Sewer vs. Well Water and Septic Tanks. I am not saying that well water and sewer should be out of the question, but I will say that in my professional opinion, the better choice that you can’t go wrong with is city water and sewer. The biggest reason would be the water issues that are involved with well water (so many that we will save that for another blog) and additionally the awful drawbacks of dealing with a septic tank in your yard and the mound that you need to build on. Not even to mention the fact that when the time comes for the city utilities to be put in in your area, you will have to pay to put them in on your property (no choice).
My advice today is to take a look or a second look at some of the re-sale properties that you may have skimmed right over. Make an educated decision on what really is best for you. Many of the “newer” homes (10 years or newer) may have been built better than the new homes and may be standing way beyond the new ones being built. One thing I do know that the race is on for all these builders to build homes for the lowest possible price. What do you think might be the result of that…poorer quality? Is it worth it to you? You ultimately have to decide but educate yourself first and remember…it’s totally worth hiring a realtor. They know the business and you shouldn't be expected to know it all and their payment can be a savings in the end when they protect your interests and or negotiate a price for you that you may not be able to do on your own.
I am sure that by now you can guess that yes…I am a Realtor. Actually I am a Real Estate Broker. Part of my blogging will be dedicated to real estate and different tips, tricks for buying selling and much much more. I look forward to hearing from you and your opinions also. That’s all…

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