A horizontal property regime is a new phenomenon in new construction and particularly popular in Nashville. How it starts is a single family residence is torn down and two or more single family residences are built on one lot.
Once these homes are built in a horizontal formation, the property is not real estate in particular. It is a regime that regulates the way in which real estate and the relationship between the owners of private property and common goods which have been detached from the land or building is divided. The horizontal property allows the organization of the joint owners and maintenance of common goods, like a driveway.
The key characteristics of spotting these unique builds are:
- The homes may be similar in shape and design
- Long, narrow homes with great depth
- Homes are close together with not much space between
- Ready, Set-Wait!
With foreclosures patience is necessary to keep your sanity. The electricity and water is almost always turned off which means it is a process to get it turned back on and sometimes a licensed electrician is required to inspect and repair issues to ensure the home is up to code before Metro will even think about turning on the power!
- Unexpected expenses
I always recommend getting a home inspection so you know what you are getting yourself into. However, there are always issues that pop up that are unforeseen, especially when the home has been neglected. Having some extra cash for cushioning is smart.
- Organizational skills
Depending on the condition of the home, you are going to need a lot of different moving parts to get the home back to living condition. You want to have all of your vendors lined up while awaiting key day! (The day you get the keys to your new home!)
Some to think about are:
- A reliable contractor
- Termite Inspector
- Plumber
- Electrician
- Handy Man- just in case!
- Kitchen designer
- Time! It takes time to pick out all of the elements that make up your home like kitchen cabinets, paint colors, door handles, bathroom tile, garage door, light fixtures, new appliances… need I go on?
And this….
If you are in the works for a new dishwasher and cringe and the tag price you should know there is only two times in the entire year when to purchase appliances.
Home Depot and Lowes have the gamut of brands if you have a preferred make and model. They do a “Black Friday Sale” that begins mid-November and a “Christmas in July” special where you can get spectacular deals on all appliances including washer and dryers! So if you have the luxury of time, it is definitely worth the wait! Mark your calendars!
Phonetically said, “Fizzbow” a FSBO is a home that is “For Sale by Owner.”
A recent survey from National Association of Realtors shows FSBO sales are at an all time low! Selling a home has many different moving parts which is why a realtor is the way to go when thinking about putting your home on the market.
Yes, a realtor takes a small percentage of the sale of your home, but they are professionals that have all the marketing tools, connections and contract knowledge to get you top dollar for your home and relieve the possible stress of you trying to sell your own home.
- Buyers are motivated!
- They’re looking because they need to move, not just for fun. Braving the cold weather takes dedication!
2. Less competition means your home will be a hot commodity!
- The public perception is no one is looking for a house over the holidays. This of course is far from the truth. As we all know, life happens and not always at the perfect moment. Things pop up and there are PLENTY of buyers out their looking in December, January and February.
- Keep Holidays Traditions Going
- Yes, you want to keep your home clean and clutter free to give the best impression. But don’t be afraid to hang those lights and get a Christmas tree with the gingerbread house mess and all. Creating a “homey” and cozy environment invites the prospective buyers to picture the potential for starting their own holiday traditions.
What do I believe?
I believe home is a sacred place for people to be able to turn to in any season of their life and find refuge. The purpose of a real estate agent is to help people in the midst of the biggest transaction of their lives. It is a complicated process and my job is to make it fun and stress free.
Why do I believe it?
The process of buying or selling your home can be scary, draining and confusing. I can take away these problems and create a fun, safe environment and to reach people’s hopes and dreams using my special training and expertise.
How do I carry out my beliefs?
I am a hard worker that you can always depend on. I am compassionate and a great listener. I take the fiduciary duties of a realtor very seriously and will treat you will respect and loyalty and have fun along the way!
If you decide to work with me I can promise your experience will enlightening, encouraging and fun!
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