The Final Walkthrough

After you have negotiated on pricing, terms, closing date, conducted an inspection, signed contracts, secured your financing, and cleared title (woah that’s a lot!) comes the final walkthrough. The purpose of the final walkthrough just before you officially close on the property is to check to make sure their are no new issues that have popped up since you conducted an inspection and to check that any repairs were done that you negotiated for.

Typically the final walkthrough will be conducted either the day of the closing or the day before. It’s important that you thoroughly inspect the property because once you sign that paperwork with your attorney any repairs that need to be made are yours to deal with. You also want to make sure that any of the items that were to left behind such as the Refrigerator, Dishwasher, Washing Machine or Dryer are there and are in tact and are in good working condition. On the other hand, you also want to make sure that anything that you do not want in the home was not left there for you to deal with such as any furniture or personal belongings the seller thought that they could just leave for you to handle!

 

You’ll want to go through the entire home (similar to your inspection) and check on all the appliances, the plumbing, the windows, doors, and inspect the exterior and below-grade level for any potential mishaps. Don’t forget to check all the utilities, whether its steam heat or a hydro air system.

Remember to inspect the exterior of the property which may reveal any issues with the siding, roof, or any external systems such as the air condenser for the central air system or the irrigation system in the lawn.

After this is all said and done, you can go and buy your new home with some peace of mind!

If you are thinking about buying or selling real estate in lower Westchester County, give us a call today!

 

Frank Morris

Licensed Real Estate Salesperson

71 Pondfield Road

Bronxville NY 10708

O: 914-337-1312 Ext 330

C: 914-500-9194

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Scarsdale Country Estates

Scarsdale Country Estates is one of the premier buildings in the Westchester County Area, its elegant Pre-War style along with well maintained grounds makes it a private sanctuary that is still close to all the amenities such as public transportation and Shopping on Central Park Avenue. The building is located within the Edgemont School District and is pet friendly, so when these apartments come to the market, they are gone in a flash. The Complex is divided into two sections, one on Campus Place and the other on Sentry Place, with some units facing Underhill Road near the intersection of Underhill and Central Park Avenue.

Some of these units, such as the one pictured above, feature private patio spaces where you can enjoy some peace and serenity with a glass of wine, truly a spectacular building. Each apartment comes with a separate storage unit with much space for excess belongings, decorations, bicycles, or even furniture. The complex is comprised of about 175 units and only a few come on a year, so you can imagine the activity that they get when they finally reach the market, as most owners at the complex are here to stay!

We have personally represented several homeowners at Scarsdale Country Estates and it is truly a pleasure to do so. We currently hold the record for the highest selling 1 bedroom w/o a patio space since the height of the market in 2006, it sold for 195,000 dollars! Being that we also manage the property, we truly get the full picture of the building and all the ins and outs, and this enables us to be the true experts of the marketplace at the building for our homeowners. Our services include a first weekend Open House event, that is usually attracts many purchasers and offers! Our last one brought along 40 people, along with professional staging and photography. These are simply amenities we provide along with being market experts and negotiating the highest net price for our sellers with the least hassle.

 

Frank Morris

Licensed Real Estate Salesperson

71 Pondfield Road Bronxville NY 10708

914-500-9194

 

 

Home Renovation Tips

351marbledalerd-29Here are a couple of things to look out for when you are renovating your home, whether it be to obtain maximum value on the re-sale or for your own enjoyment.

 

The Lowest Bidder is not always the best, or worst: When selecting a contractor you want to get a few references within your sphere of influence and have each of them give an estimate of the work needed. Remember, the lowest bidder is not always the way to go, you do not want contractors who are using cheaper materials renovating your home, there is something to be said for paying a premium on better quality work and materials to put into your brand new kitchen and or bathroom.

 

Think it through: You have to understand that if you would like to completely renovate an entire portion of your home, or add an addition, you have to think over the many factors that come with this project. For instance, when renovating your kitchen, you have to consider that changing the countertop to granite countertops, getting brand new custom cabinetry, and stainless steel appliances are not the only elements to the project, there are potential plumbing issues that will arise if you need to add a new fixture, how will this new kitchen match up with your current flooring? should you change the flooring as well? how will this new kitchen match up with your current paint job and our wallpaper and or molding. You really need to think of the big picture and understand that there may be more to it then just changing the countertop.

 

Measurements: Make sure that all measurements are taken well and that all fixtures are reflective of adequate space as to where they are going to be placed, nothing is worse then having to return your new refrigerator or stainless steel stove.

 

Timing: you want to time your renovation when the financially it makes the most sense and also when you have enough spare time, summertime is always a good time for parents, the holidays can be a hectic time therefore many people choose not to do major projects over the holidays.

 

Paint: Make sure you choose the right paint to reflect what the room’s energy should be. semigloss paint has more of a flat look for smaller rooms, while the high gloss may give a more grand and open feeling for the rooms that deserve the most attention. Neutral colors are always a safe way to go.

The little things: Some people lose sight of the things that they do not see often that may be important to the life and comfort of the home such as the insulation, the electrical system, or the windows. These things are often ignored, and although they are not at the top of the list, they should be budgeted correctly, as having an adequate heating/cooling system, proper insulation, and updated electrical wiring is important to the life of the home and will save you time and money if cared for.

 

 

 

 

Eastchester and Tuckahoe School District Single Family Housing Market

EastchesterThis data has been adopted from the Hudson Gateway Multiple listing service and has been interpreted for the homeowner who is curious as to how their home may be valued in todays market. The data is centrally focused on the town of Eastchester, and the two villages within it Tuckahoe and Bronxville.

The average home within these districts is a 4 bedroom 2 and a half bath colonial that is approximately 2,174 square feet.  The average sales price has increased to approximately $801,697 from the former average sales price of approximately 750,000, marking an increase of approximately 6.37% in the average sales price in the both Tuckahoe and Eastchester School Districts.

These increases can be marked by low inventory in the marketplace and pent up demand, many purchasers within the county as a whole are distraught because they are faced with bidding wars for single family homes, and although they have the opportunity to obtain some of the lowest interest rates on a conventional loan that have ever been seen, they are troubled with finding the right property, and the ever increasing sales prices.

 

The only lag we have seen in the market has been the luxury homes such as those in Lake Isle Estates or the Bronxville PO estate section of Tuckahoe. The average days on market for these homes is nearly a year at 317 days.

 

All in all, in todays market it is nice to be selling your home, but make sure you have a good idea of where are you are going! Because being on the buying side can be pretty troublesome in Westchester County.

160 Chestnut Ridge Road with Fredrik Eklund

Tomorrow September 21st starting at 5:30 Fredrik Eklund will be hosting an exclusive property preview in Bedford Corners at 160 Chestnut Ridge Road! Co-host’s will be Jonathan Miller, John Gomes, Owen Berkowitz, Nancy Strong, Carol Marrone, and Stacey Oestreich.

 

Team members Frank Morris and Ashley Caputo of Barhite and Holzinger Inc. in Bronxville will also be attending the event at the luxury property located in Westchester County, light fare and beverages will be served.

 

This newly built 13,000 square foot home features 6 bedrooms and 7 and half bathrooms, the list price is 8.7 Million.

 

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