Archive for February, 2010

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Best Real Estate Blogs in Miami

In the past, our regional best blogger posts have always been a favorite with all you out there, so we’re bringing them back.

This time we take a look at Miami. Why? Well, for one, we here at Relocation.com are currently holed up in our New York office during the biggest snowstorm of 2010 (so far), so warm-weather anything sounds like a good idea. Second, Miami is humming with real estate news and the blogs are reflecting that.

So what makes a best blog? They need to be able to help a stranger learn about a city, of course, and they need give the reader access to that city’s real estate options, albeit virtually.

We, like you, want to see updated and original neighborhood content, so what better person to write about what is opening and up-and-coming than an in-the-know real estate agent?

A few other criteria we look at:

Market data. People who are relocating want to know average sales prices, sales volumes and days on market. Agents need to give that information to them.

Explanatory articles about real estate, whether the basics or current issues. People looking for a home come from varied backgrounds as far as real estate knowledge, so the agent should attempt to give them information about a variety of real estate issues. For example, blogs about buying a foreclosed home are very useful in this market.

And here are our favorites:

The Blog That Ate Miami
Real estate agent and blogger Maggie Dokic not only has really fantastic dining and entertainment guides, The Blog That Ate Miami has a really robust backlog of helpful articles for both buyers and sellers.

The dining and entertainment guides are reason enough for anyone who is planning a trip or relocation to Miami to visit the blog. Daily updates to the entertainment guide include big and small community-related events; it’s kind of like having your own tour guide take you around the city.

HouseKeys, Buying, Selling, Insuring Your Property
Real estate agents Julie Patel and Paul Owers co-host HouseKeys, a great nuts and bolts blog that covers Florida’s real estate, property insurance and utility industries. Rules and regulations change from state-to-state and city-to-city, so when buying a property in a location new to you, it’s imperative to know local law.

The blog is part of local newspaper, The Sun Sentinel, so you know that the information is accurate and updated regularly. And happily, while the information is cut and dry, the writing style is engaging and informative so you want to read it, not just have to.

Miami City Diggs
Real estate agent Jamey Prezzi hosts Miami City Diggs, a veritable launch pad for the real estate market in Miami. With a hopping comments section, you can start conversations with people who are passionate about all-things-Miami before even thinking about making a call to a moving company.

Fantastic photos, a blogroll that is fun and informative, and lively posts about the Miami market will give you a realistic and real-time look at what is happening in the city.

Miami Condo Investments
Property guru Lucas Lechuga gives us Miami Condo Investments, which has all the information you need on  newly-built Miami condos with his amazing Miami Condo Ranking. At a glimpse, you can see a property’s proximity to restaurants, grocery stores, shops and nightlife; the quality of the building as well as quality of the units in the entire condo development; and risk: the number of foreclosures, short-sales and percentage of closings for newer buildings. This recently updated key to the city will help a buyer make the best condo choice possible without ever getting on a plane.

Here are some of our honorable mentions: Eye on Miami, Miami Condo Forum, Miami Real Estate Cafe, Miamism, South Beach Condo Blog and Bosshardt Blog. All these blogs give fantastic overviews of the Miami real estate market and are definitely worth a visit.

Related Articles:
The Best Real Estate Blogs in San Francisco
The Best Real Estate Blogs in Minneapolis/St. Paul
The Best Chicago Real Estate Blogs

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8 Questions to Ask a Prospective Contractor

So the moving company has left, all your stuff is set up perfectly and you’re looking to get some work done. Don’t hire a contractor without first asking these questions:

Are you covered?
This is a question with no wiggle room. Under so circumstances should you work with an individual or company that is not licensed and bonded. That means requesting–and verifying–proof that he or she is currently state licensed, paying employees legally and carrying workers’ compensation, property damage and liability insurance.

What clubs do you belong to?
If your prospective contractor has a list of clubs and associations they belong to, it’s always a good sign. Usually, members are encouraged to attend continuing education program courses, and they often receive professional designations such as Certified Graduate Builder (CGB).

What is the estimate?
Along with the other questions you want to ask during the process of hiring a contractor, you should request an itemized estimate from each. Be sure to look over the information thoroughly, paying particular attention to those that seem too high as well as too low. Estimates that fall in the shallow end of the pool can be a red flag for a hasty job that won’t leave you with a quality product; those on the high end might have artificially inflated prices.

Can I have a copy of the schedule?
You need to know exactly how long that kitchen renovation is going to take. Before you hire a contractor, you should ask them to provide you with a fixed start date and a completion date–including any cleanup duties. These dates should be included in the formal written agreement, along with a timetable of the work that’ll be done and a material list of everything that’ll be needed.

What is the payment schedule?
Most professional builders work on a pay-as-you-go basis, receiving partial payments throughout the process. The payments for new construction, also called draws, typically are scheduled as a certain percentage of the total cost when specific stages of construction are completed. Avoid any contractor who wants full payment before starting the job.

In addition to your references, can I have a list of previous customers?
It’s one thing to talk to a list of people the contractor has prepared for your call; it’s another thing to cold call prior customers from whom you’re more likely to get an honest assessment.

Can I see some of your projects?
Good builders are proud of their work and enjoy showing it to potential clients. Ask to see photographs of complete projects, and choose someone whose work looks similar to the job you’re planning.

How do you schedule call backs?
You want to know what to expect and how to best contact the contractor if, for any reason, they need to come back and fix or redo a job. Go with the person that has a concrete plan for these types of issues.

Related Articles:
How to Set Your Home Improvement Plan
Hiring a Contractor: When to Know When You Need One
How to Get Along With Contractors

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The Final Walkthrough: A Checklist

Yay! You’ve finally bought your own property, well almost. After all the looking and haggling and signing and worrying, you’re more than ready to get it done already.
 
It’s an easy thing to rush the final walkthough of a house or apartment, but don’t. The final walkthrough is the last time you will be able to make a home inspection of the dwelling and have the owner take responsibility for any issues. Once you sign the final papers, you are the owner, and therefore responsible for anything wrong with the home.
 
Don’t wait until the house is yours before you discover the bathroom’s sink faucets actually flush the toilet.

Outside:
Landscaping issues
Mortar if a brick house
Porch (peeling paint, rotten wood)
Check the gutters

Inside:
Turn on and off every light fixture
Run water and look under sinks for leaks
Test all appliances
Check garage door openers
Open and close all doors
Flush toilets
Inspect ceilings, wall and floors
Run garbage disposal and exhaust fans
Test heating and air conditioning
Open and close windows
Make sure all debris is removed from the home
Confirm components are in good working order for all major systems and appliances

Attic and basements/crawl spaces:
Look for discarded items and potential problem areas
Walls and floors

Check for any damage that may have occurred when the sellers moved or that may not have been obvious when you originally looked at the home.

As you inspect, make a checklist of any issues that still need to be resolved in order to meet the conditions in your contract. Bring this list to the seller’s attention and work out home improvement contractor schedules that are acceptable to you. Preferably, you should get everything squared away before you close. If this doesn’t work out for your timing or circumstances, don’t worry. It is not uncommon for home buyers and home sellers to agree on an amount of money to be held in escrow for repairs/remedies to be completed following property closing.
 
You can see that a final walkthrough is a very important step that you should not skip or take lightly. Make sure you include a clause in your purchase contract that ensures you have the right to complete this step. Then take the time to exercise that right.
 
Related Articles:
Do These Things Before Starting Your Home Search
First-Time Homebuyer: What You Need To Know
Home Inspections