And What was the Date on That?

By
Real Estate Broker/Owner with M & M Realty of Brevard Inc. BK629999

Dates are So Important to BuyersBuying Brevard County Real Estate

When looking for a house to purchase, buyers like to know dates. Insurance companies also like to know dates. They like to know how old the roof is, how old the A/C is. Has the electric and plumbing been updated? When? How old are the appliances?

Time flies and sometimes these dates slip away from sellers.

In selling a house it's important to gather those important documents to pass along to a buyer, should they or their insurance company ask for them. If those items have recently been updated or replaced those are items that should be included in the notations of the property listing. These dates often help a prospective buyer in making a decision on a particular house.

On traditional sales sellers fill out a property disclosure, noting any defects they are aware of. But, often, questions come up. With proper documentation and receipts there's no question as to the age of the roof, air conditioning system, appliances or hot water heater.

Recently, a buyer and I looked at a house that advertised a newer air conditioning system. We questioned what newer meant. In checking further and asking for documentation we found that the system was 13 years old. The original paperwork for the unit was all we needed for clarification. We were also able to get an accurate age on the roof.

Owners, gather all those important papers and keep them in a handy place.

And buyers, be sure to have your Realtor ask to see copies of these documents.

NOTE: On foreclosed properties, there are no warranties, no property disclosures and no documentation. The sellers that owned the property are gone. And, the banks selling the properties do not have any of these records. So, unfortunately we don't have dates on appliances, the electrical system, the roof, etc.

 

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Melbourne FL Real Estate, Sandy Shores, Realtor


Sandy Shores Melbourne FL Realtor

Sandy Shores, Melbourne FL Broker-Associate

M & M Real Estate, Inc.

Residential, Investment and Relocations

We have a team of professionals to facilitate your Short Sale.

Melbourne Real Estate / Palm Bay Real Estate

321-253-4545 or 321-733-6080


SandyShoresMelbourne@hotmail.com

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Serving Brevard County Florida for 15 Years

Brevard County Resident for 36 Years

Melbourne, Palm Bay, Suntree, Viera, Rockledge,

Cocoa, Canaveral Groves, Titusville, Mims, Melbourne Beach,

Indialantic, Indian Harbour Beach, Satellite Beach,

Cocoa Beach, Cape Canaveral

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Search Brevard County Real Estate
Melbourne FL Real Estate, Sandy Shores, Realtor

 

Sandy Shores, Broker   

Melbourne Real Estate

M & M Realty of Brevard, Inc. 

Residential, New Construction, Relocations & Investment

Brevard County FL Real Estate 18 Years

Brevard County FL Resident 39 Years 

Serving Melbourne, Palm Bay, Suntree, Viera, Rockledge, Cocoa,  Merritt Island, Titusville, Cape Canaveral, Cocoa Beach, Satellite Beach, Indian Harbour Beach, Indialantic & Melbourne Beach

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321-253-4545 or 321-254-2964

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Ambassador
1,285,036
Silvia Dukes PA, REALTOR
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Hi Sandy, it's very important to maintain those records of major updates and replacements in the house especially if public records don't show permits for some of this. 

March 26, 2012 10:27 AM #1
Ambassador
1,168,949
Paul Henderson
RE/MAX Professionals. - Tacoma, WA
I always put my clients first in any transaction!

Some of those fluff words, like newer, only cause confusion when it comes to ascertaining the true value of a house or condo...

March 26, 2012 12:59 PM #2
Rainmaker
1,708,087
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO

Sandy

You make great points, thanks for sharing your insight.

Good luck and success.

Lou Ludwig

March 26, 2012 06:31 PM #3
Rainmaker
681,754
Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

It is almost comical when someone tells you about the new X that is installed in their house.  Then come to find out it is not that new and on top of that they failed to pull a permit to install it.

March 30, 2012 06:09 AM #4
Rainmaker
983,790
Gary L. Waters, Broker Owner Waters Realty of Brevard, LLC
Waters Realty of Brevard, LLC - Melbourne, FL
Personal Service, always.

Dates...so many ambiguous ones in a lot of the MLS descriptions.  Newer to a seller may be a few years old but a buyer may be thinking last year! You are so right about time....it goes quickly!  And Rob's comment about permits is another date often forgotten - closing out the permit if one was ever pulled!

April 01, 2012 08:25 AM #5
Rainmaker
983,790
Gary L. Waters, Broker Owner Waters Realty of Brevard, LLC
Waters Realty of Brevard, LLC - Melbourne, FL
Personal Service, always.

I will confess I am going to borrow your topic for my outside blog...not plagiarize though. You will see it on Facebook!

April 01, 2012 08:27 AM #6
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