Tampa Home Seller Tips and Lessons Learned from Hurricane Irma and Harvey

 

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Andrew Duncan, Tampa's #1 Realtor and expert talks to Mike Yates of Atlantic Bay Mortgage about the lessons learned from the recent hurricanes that hit the US.

One important thing that Andrew pointed out is to disclose everything about the home you are selling. Neighbors tend to talk and it's better that you disclose the issues rather than deal with the consequences like when buyers walk away from a deal or worse a law suit. People expect the home to have issues since it's a used product. If there are any issues, be sure to take care of them right away. But due to the hurricane, a lot of contractors are backed up so be prepared to wait a while before they get to you. There will be some scams that might pop up offering lower rates than usual licensed contractors. Remember, getting the work done isn't nearly as important than getting it done right. Although there may be some delays, make sure to hire a good licensed contractor to take care of your home issues.

Since hurricanes have not been common in Tampa Bay in the recent years, people have been complacent about preventive measures like getting flood insurance, installing shutters, generators and the like. This could also help sell your home quickly especially if you're competing with other neighbors who have their homes on the market. 

Another thing that Andrew pointed out was that if your home is not in a flood zone, flood insurance can be really inexpensive. A lot of homes were damaged by the floods caused by hurricane Harvey. They were not able to claim the full amount from their insurance companies because they did not have flood insurance. Having flood insurance will not only give you peace of mind but will also be helpful if something like this is to happen in your area.


To get more Tampa Bay Real Estate news and advice from Tampa Bay's #1 Realtor, tune in to The Duncan Duo Real Estate Show on 970 WFLA - Tampa Bay every Sunday at 10 am.