Health & Fitness
August Real Estate Trends....
If you are thinking of listing your home, have you considered a sellers inspection? Did you know that could work to your advantage with negotiatons?
Welcome to our Holmdel-Hazlet Real Estate blog provided by Gerine Skamarak and Doreen DeMarco of EXIT Realty East Coast. Our intention is to educate you with monthly statistics on your local real estate market as well as provide useful information about the buying and selling process. This month we will briefly discuss the importance of a home inspection prior to listing your home.
Below is a comparison for August 2011/2012 closed home sales for Holmdel and Hazlet.
Holmdel: Closed Sales for the month of August:
Find out what's happening in Holmdel-Hazletwith free, real-time updates from Patch.
- August 2012: 27 homes sold with an average sale price of $766,726.
- August 2011: 12 homes sold with an average sale price of $988,138.
- There are currently 37 homes under contract and 132 homes available.
Hazlet: Closed Sales for the month of August:
- August 2012: 10 homes sold with an average sale price of $239,050.
- August 2011: 21 homes sold with an average sale price of $290,214.
- There are curently 46 homes under contract and 132 homes available.
If you are thinking of listing your home, have you considered a sellers inspection? Did you know that could work to your advantage with negotiatons?
Find out what's happening in Holmdel-Hazletwith free, real-time updates from Patch.
A home inspection is vital in avoiding complications during your sale. A buyer typically initiates the home inspection however, when the seller aquires a pre-sale inspection, this enables you, the seller, to have control and awareness of any and all possible issues. This enables a pro-active approach for a seller in limiting any buyer inspection issues that may arise. For example, a simple repair may only cost you a hundred dollars but if the buyer finds the same, they could possibly request double to repair the same issue. If your home inspection does uncover problems with your home, it’s essential that you familiarize yourself with your state’s disclosure laws to avoid future litigation. These disclosure laws vary from state to state, but they generally require you to disclose the presence of any hazardous materials in your home or significant flaws in construction. If you’re unsure of what needs to be disclosed, consult a real estate agent, attorney or your local housing authority.
