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Real Estate Tips

Remodeling and Renovations >Water Problems

Sometimes there are defects in a house that the homeowners no longer notice, such as small leaks in the roof or a basement that only gets damp when it rains. When the house is on the market, they don't have a real sense of urgency about having such defects repaired. The real estate agent feels quite differently, however.

When buyers are deciding which houses deserve serious consideration, any kind of water problem may appear to be much more detrimental than it really is. The sellers may regard a damp basement as simply a sign that it's time to clean the gutters or check the soil buildup around the house or a leaking roof as a call for new flashing. But to someone who has never owned a home, these defects can be taken as signs that the house may not fulfill their primary need for shelter from "the elements." Renters may be perfectly willing to live in a home with minor water problems, but buyers are likely to pass up the same house if they think it won't keep them perfectly dry.

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Real Estate Trivia

Q 
Lenders in 14 states--California, New York, Oregon, Utah, Vermont and Wisconsin and 9 others--have what in common?

A 
Lender in these states must pay interest on funds held in escrow accounts.
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The Scott Team, REALTOR®, real estate agent and broker for Reno, Sparks and Lake Tahoe, Nevada home listings, property and land for sale

Vince Scott/Kristen A. Gil
Intero Real Estate Services

Broker/Owner, Realtor
6990 S. McCarran Blvd. #300
Reno, NV 89509
Office: 775-762-7653
Fax: 775-284-8315
vscott@interoreno.com
kgil@interoreno.com

We are a dynamic Real Estate team with over 35 years experience in the Reno/Sparks and Tahoe markets. We are very knowledgeable about Short Sales, Foreclosures, Investment properties and 1031 Exchanges, in both Nevada and California. Vince is widely known as one of the premiere developers in the area. His accomplishments include construction development, brokerage and management of single and multi-family, commercial, hotel and resort properties and the responsible development of some of Tahoe’s most difficult and challenging environment projects. Kristen is a Short Sale Foreclosure Resource with the National Association of Realtors and a licensed property manager. She has extensive experience working with distressed sales and investors in our market. Hiring a successful, experienced team is critical in today's difficult Real Estate climate. Call us, we can help you navigate through the complicated web that Real Estate has become. We are your friends with the answers!

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