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Real Estate Tips
Bargain Properties >Diamonds in the Rough

There are a lot of "diamonds in the rough" for sale. A property with incredible potential may be in a great location, have large sunny rooms and a big yard, but it may also have dated wall paper, worn carpeting, and uninspired bathrooms. If you can look beyond the surface, you may see a house that could be transformed by a little "elbow grease", paint, and new carpets.

A house that is structurally sound with all the systems in good condition may be only a few cosmetic repairs away from being fantastic! A home that does not show well is usually priced accordingly. If the price doesn't reflect the condition of the house, the seller may be more willing to negotiate than a seller who has made a considerable investment in preparing a home for the market.

Bring your imagination with you on your next house hunting trip! You may be pleasantly surprised to find a diamond in the rough.

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Real Estate Trivia
Q 
Which law allows a person to give another individual up to $10,000 a year without any tax consequences?

A 
The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year.
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The NNJ Homesearch.Com Team, REALTOR®, real estate agent and broker for Newark, Irvington and East Orange, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Marc Rabin
SellState - Property Solutions Realty

650 Bloomfield Ave
Bloomfield, NJ 07003
Office: 973-429-0990 x 263
Cell: 201-294-1096
merabin@aol.com



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