Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
What’s worst than signs of a single in-ground oil tank? Thinking that there might be two in-ground oil tanks at the same property! I was beside myself as I saw this sight on the way into the home. Fortunately, once we got to the lower level we could see that there was actually basement space under the front porch (very unusual) and that these pipes fed the two tanks in that space. Whew!
We never made any official predictions for the 2012 real estate market. I’m stunned that we didn’t do it because it’s a fun thing to think about, and after analyzing the year-end data we always have thoughts and ideas. We won’t make that mistake again this year … here are our predictions for the coming year. Amy 1. Low inventory in the early months of the year is going to result in more multiple offer
Once upon a time, burying the tanks that held home heating oil was a standard practice. Nowadays we put them in the basement. Mortgage companies don’t like there to be in-ground tanks at the homes they lend on because they worry about an unbounded environment liability. If there turns out to be a problem with the buried tank, then the owner has to deal with it. And if the owner walks away from the home,
Most of our ongoing analysis of the real estate market is focused on contract data. We like to track contract data because it represents an important milestone, it is more immediate than closings, and it is a strong predictor of closings. But at the end of the year it is also interesting to take a look at the closing numbers since those data points have a meaningful price associated with them. In 2012 the number
This nicely maintained ranch is conveniently located near shops, restaurants and highway access. The formal living room is light and bright with a picture window. Hardwood floors are throughout most of the house. A formal dining room leads to the kitchen. Two generously sized bedrooms have ample closet space. The full bath has been completely updated. The home has a newer roof, windows, vinyl siding, driveway, interior doors and trim, and 200amp electrical service. An