Monday, January 18, 2010

Major Factors Influencing your Offer Price Part I

Annapolis Real Estate and Relocation - Anne Arundel County, the Eastern Shore, and Surrounding Counties in Maryland

How Property Condition Affects Your Offer

Since you have toured the property you are interested in, you should know how it compares to the general neighborhood. All you have to do is put the home in one of three categories - average, above average, or below average.

When evaluating a home’s condition, there are a number of things you should consider. Structural condition is most important - items such as walls, ceilings, floors, doors and windows. Then paint, carpets, and floor coverings. Pay special attention to bathrooms and bedrooms and whether the plumbing and electricity work efficiently. Look at the fixtures, such as light switches, doorknobs, and drawer handles. The front and back yards should be in reasonably good shape.

The missing ingredient will be information on the condition of the homes from your comparable sales list. Provided you chose the right agent to represent you, they will have actually visited most of those homes and be able to provide key insights.

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Pat Ogle and The AnnapolisHomes4You.com Team are dedicated real estate professionals specializing Waterfront Homes for Sale and Properties in Annapolis, Arnold, Severna Park, Edgewater , Anne Arundel County, The Esatern Shore, and the Surrounding areas in Maryland.

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