Archive for July, 2013

What Should I Make a Big Deal About In a Home Inspection?

Wednesday, July 24th, 2013

by Sean Hess (Sean@StAugTeam.com), Broker and Manager for St. Augustine Team Realty (www.StAugustineTeamRealty.com). Join us on Facebook and me on Google+.

Should you make a big deal about the dinged drywall? Probably not. Should you make a big deal about a slow draining sink? Possibly.

My partner Kate Stevens and I give you some perspective on the home inspection in the short video below:

Need help finding your dream home (and then having it inspected)? Hire St. Augustine Team Realty! Just email Kate Stevens, Broker Associate, or call (904) 377-2276.

How the Broker Lost a House, Part II!

Wednesday, July 17th, 2013

by Sean Hess (Sean@StAugTeam.com), Broker and Manager for St. Augustine Team Realty (www.StAugustineTeamRealty.com). Join us on Facebook and me on Google+.

Earlier this month I wrote a post about how I lost a house. The crux of the thing was I hesitated when I should have acted.

I go over this point in the short video below, with my partner Kate Stevens. Don’t you make the same mistake I did! :-)

Need help finding your dream home in St. Augustine: Hire St. Augustine Team Realty! Just email Kate Stevens, Broker Associate, or call (904) 377-2276. If I would have had Kate along she would have got me the house! 

Buy This Lot on A1A, Build a House, Walk to the Beach!

Friday, July 12th, 2013

by Sean Hess (Sean@StAugTeam.com), Broker and Manager for St. Augustine Team Realty (www.StAugustineTeamRealty.com). Join us on Facebook and me on Google+.

Our agent Barbara Goll just listed this lot at 5424 A1A in St. Augustine. This lot sits a bit less than 2 blocks away from two beach walkovers and a beach ramp. It’s currently priced at $69,000. See a short video of it below:

For more information on this lot, including dimensions, zoning, etc., call Barbara Goll at (904) 669-9300 or email her at BarbieGoll@gmail.com. Barbara has two other A1A lots curretly, so be sure to inquire about those as well!

How The Broker Lost A House

Friday, July 5th, 2013

by Sean Hess (Sean@StAugTeam.com), Broker and Manager for St. Augustine Team Realty (www.StAugustineTeamRealty.com). Join us on Facebook and me on Google+.

It's alright to cry.

It's alright to cry. Crying gets the sad out of you.

Yep, it can happen to me too!

In the past months my wife has decided that we need a new house, so that means we’re going to get a new house.

After making sure with the mortgage guy (1) that we could afford what she was looking at (2), I went out and started looking with her (3).

Well, we found a house.

I knew about the house all along. It’s been on (and off) the market for the past nine months and I’ve shown it plenty of times to (other) buyers (4).

I never seriously considered it as a house for me to live in because I never cared much for the homeowner’s association.

It took me A LONG time to wrap my mind around living in that HOA…that’s why I never made an offer on it earlier.

Anyway, neither my wife nor I were really comfortable with the high end of the price range were were looking in. Call it the Midwestern Sensibility that I grew up with, or plain Common Sense (for my wife), but we started looking for homes that were in a lower price range.

So I mentioned this house I’d been showing a lot, and she liked it too (5). We were even willing to write an offer on it. But shouldn’t we look at some more homes first (6)?

Well, the opportunity arrived to look at a few more homes, but my wife wanted to wait until the weekend to look, because otherwise it meant missing an hour of work (7).

The same day I was informed that there was an offer on the home. By the time I communicated this to my wife, the house was already off the market.

I’m not sure if she was upset, but I was upset. I started to take ownership of this house in my mind.

The only benefit to me is that I’m in the business, and this type of thing happens all the time with buyers hanging fire.  So I just shook it off and moved on.

The advice I give everyone else is, “There will be another house.”

But we’re not in a buyers market and we haven’t been in a buyers market for a long time.

It might be awhile before something comes along that we both like as much.

Here’s some lessons I had to learn all over again:

(1) You should probably see a mortgage person first (do it before you start looking).

(2) It really helps to know what you can afford before you look, that way you aren’t disappointed if you can afford less. That being said, it was nice to bring a target number to the mortgage guy and have him give us a thumbs up, and a estimated payment.

(3) Get your Realtor to help before you start driving around. To be fair I was helping…she went out driving around anyway! She probably didn’t think I was working hard enough.

(4) If you are looking at a home, and if you like a home, there’s a pretty good chance that other people are looking at it and liking it, too. They may put in an offer before you do.

(5) I’m a Broker. I’ve seen enough houses. As soon as I knew it was the one, I should have written an offer on it. No excuses. When you are out looking, you will know too: pull the trigger right away.

(6) If you’ve looked at enough houses, talked to your mortgage person, and are mentally ready to write an offer but you “think you should see more homes first,” resist the temptation to look at other homes. I’m not saying don’t be sensible. I’m not saying just jump on the first house you look at. But if you’ve already looked at enough houses, both online and in person, and you like one enough to write an offer on it but you’re hanging back…someone else will probably beat you to the punch. Like me. I see every single home that hits the MLS. I went out to look at EVERY promising candidate and then dragged my wife along to see the best of the best. And still I waited…

(7) If you decide you want to look at more houses then do it immediately. A home is probably the biggest and most expensive thing you will ever buy. It can’t wait until after work. It can’t wait until the weekend. It won’t be there if you wait. I think this is the thing I kicked myself about the most. Argh.

 

Need help finding your dream home in St. Augustine: Hire St. Augustine Team Realty! Just email Kate Stevens, Broker Associate, or call (904) 377-2276. If I would have had Kate along she would have reminded me of the points above. The moral: never represent yourself in a court of law or a real estate deal.