Wednesday, February 16, 2011

February 2011 Market Watch Newsletter

This month I would like to discuss home inspections. These are an important part of virtually every real estate transaction. Unfortunately many buyers and sellers do not consider inspections before purchasing or selling a home. I always recommend home inspections for buyers. This is an opportunity for the buyer to hire a 3rd party professional to evaluate both structural and mechanical systems in a home before the transaction closes. When significant, unknown problems are discovered this gives the buyer an opportunity to ask the seller to make an allowance or repair defects in the home prior to closing. The inspection is not intended to sour a transaction because of minor, inexpensive defects. Too often I see buyers asking for a laundry list of minor repairs especially when considering an older home. Keep in mind that inspectors will, and should, point out items for the buyer’s benefit that are not necessarily major defects but simply minor repair or maintenance items.

I try to remind sellers that most buyers will ask for an inspection. In many cases the inspection will uncover some legitimate defect(s). In these cases, it is often in the seller’s best interest to make the repair because any known defects must legally be disclosed by both the seller and the Realtor. The next buyer will likely ask for the same repair.

As I hinted last month we have just relaunched as well as an upgraded for your web-enabled phone. The new sites are designed to make the customer experience as quick, easy and efficient as possible. TuckerMobile is the only local GPS enabled site and also allows the customer to search easily. Please try both. I know you will be happy with the experience.

If you would like to receive this newsletter every month to get useful information, send me an email request at If you're in the market to buy or sell, take a look at my website at, then call me to help!

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