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Category: Homeowner Q&A

real estate basics

Real Estate Basics: What is an easement?

You're in the process of buying a house, and it's perfect in every way. There's even a place in the yard for your dream workshop.

As you're reviewing the Seller Property Disclosure Statement, you find that the Seller says there's an easement on the property, right where you want to put the workshop. 

What is an easement, and how and when does it affect your right to use your property? Can you still build the workshop?

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Does Inflating the List Price Work?

We had an appointment recently with a prospective client who did not agree with our strategy of pricing at-market. He wanted to inflate the list price in order to build in some room to negotiate, for the sake of negotiating.

On paper, this seems like common sense pricing strategy.

It just hasn’t been our experience that this results in a fair sale price for the seller, no matter the price point.

We’ve inflated the list price for houses in the $150,000 price range and at $2,000,000+. Whatever the price point, the results are always the same: Slow-to-no activity, no offers, or extreme lowball offers.

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Homeowner Q&A: What are PEX pipes?

Q: I'm looking at an older home that was flipped. The seller says the house was replumbed with PEX. Is that good?

A: Cross-linked polyethylene, commonly known as PEX, is an increasingly popular plastic residential plumbing material. Beginning in the 2000s, PEX began to replace copper and poly plumbing in homes.

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Homeowner Q&A: What are galvanized pipes?

Q: I'm buying an older home, and it has original plumbing made of galvanized steel. Am I going to need to replumb the house?

A: Galvanized pipes were a popular residential plumbing material in the early 20th century, replacing cast iron and lead. It remained a popular building material through the 1960s.

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Homeowner Q&A: What are PB pipes?

Q: I keep seeing “No PB pipes!” in home listings as a selling feature. What are PB pipes, and what does that mean about the house?

A: PB stands for polybutylene, a type of plastic resin plumbing that was installed in millions of homes from 1978 to 1995, primarily in the Sun Belt.

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