Tag Archive for: trinity real estate

Trinity Foreclosures

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fla home

 The homes for sale inventory may offer a large selection of foreclosure opportunities, but sometimes an inexpensive home can cost you plenty.

We’ve heard stories from other agents about home buyers who have had to make offers on a number of different homes because the home inspection reports came back full of high ticket repair items. These issues ultimately made the cost of the home not only prohibitive, but quickly took the “great” out of the “deal.” (Besides, many REO (real estate owned) properties carry an “As Is” status, so you can’t even negotiate repairs.)

Great neighborhoods and gorgeous homes can harbor some overwhelming issues like leaks that have gone unattended creating structural and mold damage, and a host of other little things that turn into big things when a home is abandoned.

Oftentimes a distressed home owner has other priorities that don’t include conducting their property maintenance checklist and spending money on things like gutter cleaning, window caulking, roof repairs, pool upkeep, and other run of the mill repairs.

The other reality is that people who are planning their strategic foreclosure or are filing bankruptcy are not necessarily going to be concerned about the future value of their home. They’ve already deemed it without value as they no longer intend to pay their mortgage; so therefore, they don’t tend to the property.

In this market, sometimes you really do get what you pay for and a $300,000 home for the price of $100,000 may be worth just that and you’ll need to pump a lot of money into the home to repair and restore it to its former glory.

Regardless of an incredible opportunity, always have a thorough home inspection conducted by a trusted professional and don’t start measuring for window treatments until you have assurance that your new home is what it seems.

Trinity Fl Real Estate and Home Inspections

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Revised Front Photo

Before any Trinity Realtors hang a sign on your lawn, you may want to have a reputable home inspector take a look at your property before it goes on the market.

One of three things will happen with pre-listing home inspections:

  1. You’ll find nothing significant
  2. You’ll get a heads up about a possible problem and have time to fix it
  3. You’ll be able to have repair estimates ready to present to the buyer in the contract negotiations

By being proactive you’re more likely to keep your contract on track and get to the closing table on schedule!

Pricing Homes for Sale in Tampa Bay

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Price reductions on a listing are as common as the need for killer curb appeal. Pricing residential real estate in Trinity, Fl for example is a strategy predicated on comparisons with other recent sales in the area and the condition of the home.

Some home sellers want to take the number they have in their head “out for a spin” and see if any offers surface. As negative as this sounds, best practices in this situation would dictate a price reduction schedule be invoked after a period of time on the market at the inflated price. One of the major problems with overpricing a home at the onset is that it sends a signal to potential buyers that something is wrong with the home.

Setting that bar or that price point too high will also soon make your home old news. Plenty of brand new properties are entering the market hourly, particularly from the foreclosure inventory. Your home can really get lost in the shuffle; the best time to strike is early and at the right price.

The National Association of Realtors just reported that “in October and November, when the market was feeling the effect of the tax credit, 26 percent of sellers cut their asking prices.” In addition, NAR also reported that Trulia.com just released the figures that the “prices on 19 percent of homes for sale as of March 1st have been reduced at least once, the lowest percentage in the last year.”

These statistics indicate that more sellers are pricing their homes better. They are therefore spending less time on the market and are not subjecting themselves to multiple price reductions.

Let’s face it, moving inventory faster is essential to the restoration of home values; but it also goes a long way in restoring consumer confidence and ensuring the success of the individual home owner trying to make their move.

Trinity Florida – Fox Hollow Open House Event

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You are cordially invited to the Platinum Series Real Estate Open House event featuring this beautiful Nohlcrest built villa.  This expanded two bedroom with sitting room off master PLUS den home is located in the exclusive gated Peachtree Village of Fox  Hollow community in  Trinity, Florida.  Enjoy an afternoon of elegance touring this lovely villa while sampling exquisite handcrafted, hand-painted chocolates by  William Dean Chocolates and a light lunch.   If you know someone who may be interested in Peachtree Village of Fox Hollow, please feel free to invite them as your guest.  Thursday, November 12th from 12:00 – 2:00   1219 Hominy Hill Drive, Trinity, FL  34655new pics 072

Trinity Listing – Fox Hollow Peachtree

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Fox Hollow Peachtree Listing

Fox Hollow Peachtree Listing

Trinity real estate agent, Lori Crawford offers custom built Nohl Crest villa situated on private, oversized lot!

This spectacular 2 bedroom/ 2 bathroom PLUS den/office home is truly one of a kind with over 2300 sf of living space. Located in the gated Trinity subdivision of Peachtree with community pool, it offers convenience to shopping, dining, schools, Pinellas county and Tampa. Surround yourself in luxury with features such as crown molding, upgraded kitchen with maple wood cabinetry, volume ceilings and so much more.

Not only does the kitchen have a separate breakfast nook, this model also offers a formal dining area. The spacious great room and master bedroom access the screened lanai through their own set of sliding doors. You’ll love the master suite with its separate sitting room and a bathroom fit for a queen! On the opposite end of the home is the second bedroom that offers privacy & a second bathroom. Oversized 2 car garage, security system, tile roof & hurricane film on all windows are some of the additional upgrades added to the home. EXTERIOR BEING PROFESSIONALLY PAINTED OCTOBER 2009