8 “Why’s”…a “How”… and a “When”
- Why it might be best to buy a new condo in an already built community, rather than one you choose from a builder’s model.
- Why a flush Capital Fund is especially important in older condominium complexes… (Sadly, it’s one of the items most buyers ignore.)
- Why it’s best to buy in a complex with high ownership (as opposed to one whose many units are vacant and “For Sale”)…
- Why it’s best for seller to turn over keys after the deed is recorded—not merely after the closing (where buyer/seller sign documents)…
- Why buyers should tour proposed region of choice both day AND night…
- Why buyers should enlist a Buyer Broker whose fiduciary responsibility is to them. Know the different realtor designations (Buyer Broker, Selling Broker, Transactional Broker, Dual Agent)….If not possible to get Buyer Broker, know the questions to ask regarding your intended property purchase. (This book tells you these.)
- If you self-sell (FIS-BO, in the trade—For Sale By Owner), why it’s critical to offer a buyer broker commission on par with what most Buyer Brokers get from realtor-represented homes in the region….
- Why it’s important to list ALL appliances in the sales agreement…
- How you can protect yourself against buying near a Superfund site…
- When you (as seller) can refuse to honor your stated Buyer Broker commission on Zillow.
***So, go out on your journey but first strap Boomerrrang to your hip in the same way the 70’s American Express card ad told everyone: “Don’t leave home without it.”
And give a copy to a friend.
You’ll ALL be the richer for it.
How many of you (honestly, now) know what a Superfund site is? And how many of you know that Rhode Island has 12 designated sites (the “Dirty Dozen.”) But 200 more are named as “toxic sites.”
Yep, that’s the big, scary elephant in the room, in all real estate transactions…..The one that most would-be buyers of property do not even know about. Buyers confront even more risk if they buy out-of-state or in regions of even their own state which which they’re unfamiliar.
Picture above shows a a toxic underground plume heading towards residential area, right out of Asheville. The EPA has done testing that shows high levels of TCE, a substance known to cause cancer. People in the area most at risk? Those whose water is from wells. But the air shows sign of vapor toxicity, too.
The nearby,gated community of $700,000 homes suffer from what’s now general knowledge. Why? They’re right next door to that Superfund site.
Will it affect their ability to sell? You betcha, for people like me do know about Superfund sites. And I am most concerned with the health of my family, friends, and myself, as well as my investment.
In my book, “The Asheville Experiment,” I show how Paul and I could have been hapless victims like those who lost life savings, because they didn’t realize. It happens all the time–across the nation.
So, get ready. I’ll give you lots of useful tips from my years as highly-successful realtor. My book, “The Asheville Experiment,” will be the best bang for your buck–I guarantee it.
Sign on to get advance notice for a copy and get one for friends/relatives who will move. You couldn’t give them a better book to protect them in what is arguably their biggest investment–their home.
And pls., consider coming to my TedTalk at Salve Regina University, on March 25th. I post the link to facilitate you in getting tickets.