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Friday, August 24, 2018

Options For Buying New Construction


Options For Buying New Construction

If you are considering buying a newly constructed home in the St. Louis or St. Charles County area, you have several options. St. Louis area homebuilders offer home plans that you can tweak and build from scratch, homes that are currently being built that don’t yet have a buyer, and homes that are completed and waiting for a buyer. This means you can have a beautiful brand new home now, or you can participate in the process to build the perfect home for your family.

Building a new home from scratch


Building a New Home From Scratch

Building a new home that is created specifically for you can be the experience of a lifetime. Picking out the design plans, lot, exterior and interior finishes enable you to create a home that will perfectly fit your life. We’ll admit there can be a lot of steps in creating the perfect home from scratch, but that is why we are here. With the right help, the steps in the home building process make for a great experience. And the results are second to none when you get a home that is created uniquely for you.


Buying a New Home During Construction


Buying a New Home During Construction

Another way to buy a brand new home is to purchase the home while it is being built. Homebuilders are building homes all the time, regardless if a buyer is procured. Purchasing a home that is currently under construction will cut out some of the steps a buyer must do in the regular new home building process while still allowing buyers to choose some of the interior and exterior finishes for the home (depending on the stage of the build).  The Boehmer Team has dedicated a page to such homes called New & Almost Ready For You. This page features homes throughout the St. Louis area that are currently under construction and waiting for a buyer.


Buying a Newly Completed Home


Buying a Newly Completed Home

Homebuyers that want to purchase a new home now, without the wait of the building process, can look to builder inventory homes. An inventory home may have been part of a neighborhood development project, had a buyer that could not complete the sale (at no fault of the builder), or was simply built for inventory purposes. Many fine brand new homes are available throughout the St. Louis area and are just waiting for a buyer. You can find new homes that are completed and available for sale at our New & Now page BuyNewAndNow.com. We update this page weekly with new home inventory that is currently for sale in the St. Louis area.

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Whether buying a home you build from scratch, customizing an upcoming build or purchasing a newly completed home, The Boehmer Team can help. We can recommend great local builders like Bridgewater Communities, Payne Family Homes, and Fischer and Frichtel. We represent buyers purchasing new homes to help with the purchasing and building process and to protect the interests of new home buyers throughout the transaction. Thinking of buying new? Contact The Boehmer Team for expert assistance.


Thursday, August 9, 2018

Selling a Home That Needs Repairs


Selling a Home That Needs Repairs

When homeowners meet with The Boehmer Team about listing a St. Louis or St. Charles County, Missouri home for sale, they want to know what needs to be done to best prepare their home for market. Homeowners particularly want to know what they must fix, repair or update to sell a home for the most value versus the effect of holding off on any repairs. The answer depends on how fast the homeowners need to sell, how much budget they have for repairs, and how much they are hoping to net from the sale. Here we’ll explain three ways that homeowners handle selling a home that needs some repairs. 

Selling a Home Without Repairs at a Discount

Selling A Home Without Repairs At A Discount


Homeowners needing to sell a home quickly without investing any time or money into the home may decide to skip repairs and sell their home at a discounted price. Why the discount? In order for a home listed for sale that is in need of repairs to compete with other similar homes for sale in the area, the home must be priced at a discount compared to the price of the other homes. Otherwise buyers will simply buy the other homes and the home in need of repairs will linger on the market.

In addition to a lower sale price, homes in need of repair are often referred to as “as is” listings. When a home is listed “as is” it alerts potential buyers that there will be no negotiating for home repairs during the sale process and that what they see is what they get for the price the home is listed. This eliminates confusion and even entices investors and handy homebuyers who are looking for a good deal on a home. But it also could mean that the home takes longer to sell while waiting for the perfect handyman buyer unless it is deeply discounted compared to the competition.

Selling with Some Repairs Negotiated


Selling With Some Repairs Negotiated During The Home Sale Process


Homeowners that want to net more money from their home sale that have a little time and money to make some repairs to their home have the option to make some repairs and negotiate additional fixes during the home sale negotiation process. In this case we recommend making any fixes that would affect a homebuyer’s ability to gain an occupancy permit for the home.  Items needed for occupancy include working plumbing, heating, electrical and sound structure among others.

For example, does the home need a new roof but there isn’t enough money to replace it? The price of a new roof could be negotiated in the sale process by offering to lower the final sale price to accommodate for the price of a new roof. This type of negotiating could be done for almost any major repair. But homeowners need to keep in mind that homebuyers will usually choose to purchase a home that needs less of their time and effort to move into. 

Also, some loans, like VA loans for veterans, will not cover the purchase of a home where the roof doesn’t meet certain requirements. Loan requirements, time commitments for repairs, and the amount of savings a homebuyer has to make immediate repairs on a home purchase could diminish the pool of potential homebuyers for a home that needs a major repair.

Selling For Most Value With All Repairs Completed

Selling For Most Value With All Repairs Completed


Homeowners wanting to net the most value from their home sale will want to make their home for sale the best option for any buyer looking in their area by completing all repairs to their home before listing the home for sale. Homebuyers love move-in ready homes that don’t need any additional repairs and are willing to pay premium prices for the quality and convenience. 

Repaired, Updated and Staged to Sell

Really want to make your home for sale stand out? In addition to making sure all repairs are made to the home, implement home staging to make the home’s best features stand out and to make it most appealing to buyers when compared to other homes. Home staging could include landscaping maintenance, deep cleaning, new paint, removing clutter, removing or changing window treatments, removing extra furniture, or updating fixtures. For more information on staging a home for sale check out our article Advice From Award Winning Home Stagers.

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If you are considering selling a home in the St. Louis or St. Charles County area of Missouri, contact The Boehmer Team to setup an interview. We can give expert advice as to what you can do to make the most from your home sale. We have a list of trusted contractors and repairmen that we can recommend to help with any home repairs. Are you also buying a new home in addition to selling your current one? Our experienced buyers’ agents are truly effective at helping homebuyers navigate the current market conditions. Learn more about us at www.TheBoehmerTeam.com.