by Jim the Realtor | Dec 12, 2010 | Bubbleinfo TV, Jim TV, Tips, Advice & Links | 14 comments
Well-maintained homes for sale are a rarity.
If you, or your realtor, can identify how much improvements would cost during a quick tour, it would make it easier for you to decide to buy it.
The best thing you can do is commit to spending at least $25,000 on any house you buy, and be looking where to spend it. Then you’ll get the improvements/quality/color you want – and stop being disappointed that you can’t find the perfect house.
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
CA DRE #01527365, CA DRE #00873197
This case is entirely built upon quotes from a mortgage counselor - why won't reporters talk to successful agents on the street? Slow day for news, apparently..... Thousands could soon lose – or sell – their homes as Covid mortgage bailouts expire https://cnb.cx/3Ipd10C
New post (Reverse Mortgage, Or Sell?) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2021/12/01/reverse-mortgage-or-sell/
nice house just dated badly.
I say don’t bother replacing appliances unless they’re broken or you can replace with more efficient units. I guess I’ll be a renter my whole life 😉
First time I met Jim (must be 15 years ago now…) I followed his chalkboards marked “FIXER” for a block off the coast highway, around a couple corners to what was the open house. Honestly was a Terra Mar fixer! I think 99% of other realtors would dreamt up other adjectives to disguise the truth. Jim just sold the damn house!
“I bet you used to be a realtor!”
You have great communication skills. That is the textbook example of responding to unconstructive criticism with a positive, engaging remark, that also holds the truth (don’t tell me what to do with my sign) but fosters further dialogue.
I fail at communication skills. I would have pointed out the deck door, frowned, and said “um…. GOLF COURSE!”
What’s the HOA fee?
My Dad refers to that type of advertising as the “2×4” method–you have to hit people over the head with a 2×4! Way to keep it simple!
No HOA fees, and no Mello-Roos fees either!
I forgot paint, but miscellaneous was $3,000, which would get you a quicky spray job.
The house probably needs more gloss-paint hand work on the wood surfaces, so a complete paint job might run $5,000 or so total.
“I bet you USED TO BE a realtor!”
LOL
This house has a lot of potential – I am surprised with such a huge drop in price and still no takers?
This is only a two bedroom, right? I’ll bet that’s more of a problem than the older kitchen and flooring (especially considering that everything is in decent shape, just out of style). The small size of the kitchen is also probably more of a problem than it being out of date.
Man that kitchen is tiny. Rest of house seems ok.
IMHO, that’s a perfectly nice house just the way it is. Maybe new carpet and paint, but I prefer the (fake?) wood to travertine, and the appliances look to be in pretty good shape, too!
Slap some Formica on those countertops, and you’re in business for a whole lot less than $25K! 🙂
I really didn’t like the table and chairs. Not that those are hard to change out, but a bit odd for the staging.
But yeah, the inside of a house is easy to change. The neighborhood, view, foundation, and roof… not so much.
I guess it’s not the point of the video, but lots of floor and ceiling doesn’t really give a sense of the place, and it might be nice to spend a little more time on the things that are positive about the house.
You are welcome to enjoy the other four videos I’ve done on this house.