South Florida Real Estate Blog by Shari Orland, Realtor

Four Fixes the Best Boynton Beach Real Estate Agents Recommend

The topic of preventive maintenance seems particularly timely, given last week’s record-breaking polar vortex and the many tales of household plumbing disasters it spawned.

The best Boynton Beach real estate agents do more than just representing their selling clients in the marketing, negotiation, and documentation of their homes’ sale—they also roll up their sleeves to make the entire process less anxiety-producing. One of the ways the best Boynton Beach real estate agents keep the process on an even keel is to offer advice on heading off surprises—especially the havoc that a maintenance breakdown can cause when showings are imminent.

There are several areas that Boynton Beach households can be threatened by—and you don’t have to have your house on the market to benefit from preventing them. Last month, the National Association of Realtors pointed out a batch of home maintenance areas that need attention—and four of them, if neglected, could cause major headaches:

  • Water heater spill. Water heaters can suddenly cease to function—or even flood an area if corrosion is rampant. The preventive measure many Boynton Beach homeowners aren’t even aware of is to “flush” it. Just turn off the power or gas to the heater, open a hot water tap elsewhere for a few minutes to lower the temperature in the heater, then put a bucket under the water heaters drain valve and drain until no sandy stuff is in it. Be careful—the water might still be hot.
  • Test for leaks. Since even slow leaks can cause major damage behind walls, it's worthwhile to be sure...

One “Delray Beach Land for Sale” Detail That’s Make-or-Break

It might be the ultimate real estate daydream: finding a choice parcel of Delray Beach land for sale, figuring out the best way your house should be cited upon it—and ultimately building your own home on it. Whether it’s constructed to your own custom-specified floor plan or using a more budget-minded approach, finding the right piece of land comes first. If it’s priced within your budget, that’s all to the good—but before you write the check, no matter how appealing it might be, there could be one detail that might spoil the daydream.

It falls under the heading of the “perc.” It’s not about brewing the cup of coffee you envision enjoying as you take in the morning view through your kitchen window-to-be. It won’t be an issue if the parcel of Delray Beach land for sale is located where it can be served by our local sewer system. In that case, you and your contractor will choose a site for the house that will afford a trouble-free hookup. Perc is not involved.

But if the parcel is more remote, in order to build on it you must demonstrate how well it will support a septic system. To get a permit, the proposed septic area must pass a percolation test. And, as the saying goes, “no perc, no house.”

The test measures the drainage characteristics of the soil usually expressed in minutes per inch of drop-off. In general, sand and gravel drain the best, while high clay content or solid rock drain poorly. Most soils are a mixture—and individual site characteristics vary not only in soil composition but also by the depth of the water table, the steepness of the incline, its distance from open water, as well as a variety of other...

Why Investors Turn to Boca Raton Rental Property in 2019

Last Saturday investment commentator Rebecca Lake presented the kind of analysis that would warm the heart of Boca Raton rental property proponents. Her report appeared on the U.S. News website under the title “3 Reasons to Invest in Single-Family Rentals.” The piece was all the more persuasive because of its fresh perspective: according to the author, 2019 looks to be an especially advantageous year for rental property investments.

Since Lake’s article was aimed at the financial community, it occasionally lapsed into FinanceSpeak like “…there tends to be a ‘beta’ between the rental market and the stock market.” Especially for Boca Raton investors looking for relief from the stock market’s volatility, that translates into English as “daily swings in stock prices don’t affect real estate investors like equity investors.”

The “3 Reasons” in a nutshell:

  • The 2019 outlook is strong. With demand growing and supply limited (most notably in entry-level housing), one analyst predicts rent increases “landing in the 5%-7% range.” That would outpace even commercial real estate prospects.

 

  • Housing is bolstered by low unemployment. (Last Friday’s announcement of surprisingly strong employment numbers reinforces that “bolstering”).

 

  • Renter profiles are changing. Renting single-family homes has “become the new norm” among three well-populated...