Whether one is listing a home for sale or looking to buy a new home, everybody seems to have questions about the real estate process.
Question: I was lucky during Hurricane Harvey, and I didn’t take any water into my house. Does this mean my property value will go up?
Answer: This question and those many questions related to it – e.g. My house flooded. Is it worth rebuilding? – are on everyone’s mind right now. See Cameron’s article for some insight.
Question: We want to buy a small bungalow or cottage, but Montrose and The Heights are way too expensive for us. What other Houston neighborhoods do you recommend?
Answer: The east side of downtown is full of charming homes from the 1920s and 1930s, and prices are affordable, though beginning now to get bubbly. If you’re willing to do the repairs, there are still bargains to be had in the $200,000s and $300,000s. Of special note: Most of the Eastside neighborhoods stayed dry during Hurricane Harvey.
Question: Should all my kitchen appliances be by the same manufacturer?
Answer: No, not necessarily. But they should all be clean inside and out and in very good working order. The kitchen can make or break a sale, so be sure your appliances have eye appeal and are ready for inspection.
Question: How can I make my powder room prettier?
Answer: We’re glad you asked! This is a subject Teresa wrote about last year. Click here.
Question: Several years ago, a pipe in our attic burst and flooded the back part of the house. It was completely repaired, repainted and has been fine ever since. Do I have to include that on the seller’s disclosure even if all the damage has been fixed?
Answer: Yes. All water events inside the house – e.g. leaky shower pan, toilet overflow, rain water under the back door – must be disclosed in section 3 of the Seller’s Disclosure Notice. Use the comments section to tell the story of when the water penetration took place and how it was repaired.