Nov 3, 2021 | QA
Published on our October 2021 Newsletter
Question: What’s the most important thing I can do to help me sell my property?
Christie’s Answer: DE-CLUTTER! As buyers search, they want to visualize themselves living in the property. The photos and videos we take should show what you are selling. It’s best that your property is as uncluttered as possible! If you already have plans to paint or make any repairs, those things should be done before the photos and videos are taken. That way, when people see your home, it will be more attractive, and ready for sale. Sometimes there are needed repairs which will not be made prior to sale. That’s OK. We can mention them in the listing, and inform buyers that either the repairs are scheduled to be done before the sale closes, or that the repairs won’t be done, and they are buying the property as is.
If you have more questions about selling your home, contact us!
#selling #home #realestate #realtor #coldwellbanker #stcroix #stcroixusvi #caribbean #islandliving #listing
Sep 30, 2021 | QA
Published on our September 2021 Newsletter
Christie’s Answer: Over the past few years, we have noticed more people looking to St. Croix as a place to retire. Over the past 18 months we have certainly seen this trend accelerate. They usually have a 1 to 5 year plan. Properties are so very different here, that when people find something they like, they tend to buy it now, and not wait until right before retirement. Sometimes they purchase a home or condo, and rent it long-term or as a vacation rental until they can move here themselves.
According to Bloomberg News Article 2021-04-30, “About 2.7 million Americans age 55 or older are contemplating retirement years earlier than they’d imagined because of the pandemic, government data show . . . many cite robust retirement accounts and Covid-19 fatigue for their early exit, according to interviews with wealth managers and federal surveys.”
#stcroix #stcroixusvi #usvi #caribbean #retirement #islandliving #realestate #realtor #coldwellbanker
Sep 30, 2021 | QA
Published in our September 2021 Newsletter
Chris’ Answer: Once an offer to purchase a property has been accepted, the inspection contingency ensures that the Buyer receives vital information about the property. It allows the Buyer to potentially negotiate repairs, a reduction in the sale price, or even walk away from the purchase with a refund of all of their earnest money.
The inspection contingency is contractually part of the accepted offer to purchase. Generally, that inspection period is 2 weeks long, and it begins when the offer to purchase is signed by all parties.
Some people ask if they can waive the inspection. We always recommend using a professional home inspector, and having an inspection contingency period. Waiving the inspection contingency period means you won’t be able to use the results from an inspection to negotiate remedies, price, or cancel the contract with the Seller, putting your earnest money deposit at risk.
We feel it’s important for you to know as much as possible about the property you are buying. It’s to the Buyer’s advantage to be present during inspection. This way, the Buyer can ask questions from the Inspector at the site, and learn more about their new home.
