Do New Homes Need to be Inspected?

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A friend recently contacted me with a question about buying a new home.  He found a home in a beautiful area and the construction on it had just been completed.  It had everything he was looking for, including the perfect surrounding property.  He was excited about it and was planning on making an offer, but a little voice in the back of his head was shouting warnings to him.

Should he request a home inspection?  On the one hand, the home was brand new.  One would think a new home would be, well, perfect, and not need an inspection.

On the other hand, my friend didn’t know the builder at all, so how could he be sure of that builder’s reputation and work history?

This is a great question, and my friend was wise to contact me with it.

I wish I could say that all new homes would pass inspection but I can’t say that in good faith.  The truth is, and many home inspectors will agree with me on this, is that many new homes would not pass a professional home inspection.  Shoddy materials, short cuts, whatever the case may be, there are plenty of new homes out there that were not built to code.

At the very least a home-buyer needs to practice due diligence and do research on the home builder.  What is his track record?  Are there any complaints about his work from previous buyers? What is his reputation in the building community?  If you do this research and are still not satisfied, then by all means have a home inspection before you buy that home.  This is just too great an investment to leave it to guesswork.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

 

How to Relocate in a Hurry

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What with Spring Training going on, and trades that will be happening in football and basketball soon, perhaps it’s time to turn our attention to a question we receive often:  How does a person relocate quickly when there is a deadline to do so?

This may not be the most-asked question we receive, but it is definitely a topic that almost all athletes ask themselves when athlete relocation becomes a reality.  How can anyone get all the things associated with relocation done and be able to move to a new city in a matter of days?  How do you secure temporary housing, arrange for the transportation of possessions and vehicles, sell your existing home, notify banks, schools, etc., and do all the other matters that need to be done…and still get yourself to your new city in a matter of forty-eight hours?

Never fear!

There are many checklists that can help you organize, and if you have trusted friends or family then they can surely help…..

Or

You can hire the services of an athlete relocation expert who can take care of all the details for you.  The pros at Sportsrelocation.com can step in and make this whole process a walk in the park for you.  The first thing we do is sit down with you for an hour or so to arrange your “needs” list.  Then we arrange for you to fly to your new city.  While you are in the air winging your way to a new home (temporary housing arranged by us) we will be working on your relocation to-do list.

Literally, within a matter of a week at most, your entire relocation will be taken care of, leaving you to concentrate on the thing you do best…..play your sport.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

 

How to Find a Reliable Moving Company

13367124451334882953srteam“Dear Ikem,

I recently started obtaining quotes from moving companies and now I’m more confused than ever.  Some quotes are extremely low.  Some are extremely high.  Some offer a variety of services while other offer different services.  Some can do it on the date we need while others give us a three-day window when they can do it.  How is one to know which companies are reliable and which price quotes are fair?”

You might be surprised how often we get an email like the one above.  The simple fact is that obtaining quotes from moving companies and for that matter auto transport companies can be very, very confusing and, quite frankly, infuriating at times.

Although there is no simple answer to the question above, there are a couple things to consider:

  1. If the price seems too good to be true it probably is.
  2. The more advanced notice you can give a moving company, the better your chances of moving on the day you require.
  3. Generally speaking, most major moving companies are fairly close in their price quotes.
  4. Reliability is based on experience, so finding as many references as possible is very helpful.

What would I suggest to the person who wrote this email?  I would suggest she turn her relocation problems over to me at Sportsrelocation.com.  This is what we do for a living.  We deal with these moving companies quite a few times each year. We have a working relationship with them, and we know the good from the bad.

Why make your relocation a guessing game when you can bet on the sure thing with Sportsrelocation.com?

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

 

What is an Earnest Money Deposit

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I’m sure you’ve heard of them before, but if you have never purchased real estate, you might not fully understand what earnest money is.  Let’s see if I can’t shed some light on it for you.

Let’s say you are in the market to purchase some real estate.  You contact a real estate agent and he/she shows you around.  After a few weeks you find the luxury real estate you’ve always dreamed about, and you tell your agent that you want to make an offer on that property.

Your agent draws up the offer and then it is time for the earnest money deposit.  Earnest money simply tells the seller that you are serious about making an offer, serious enough to put money down as a gesture of good faith.

If you think about it, it makes sense.  Why would a seller take their property off the market for an offer if there is no proof that the offer is legitimate?  There would be havoc in the marketplace if people just went around randomly making offers and then withdrawing them, so the concept of earnest money was thought of.

If your offer is accepted by the seller, then your earnest money will go towards paying your closing costs.  If the offer is not accepted, you get your earnest money back.  Plain and simple transaction.

The amount of earnest money depends greatly on what area you are looking at.  Generally the earnest money deposit will be between one and three percent of the purchase price.  Once the earnest money is accepted, it goes to a title company or an attorney who is working on the closing of the transaction.  They will hold that money (not cash it) until the transaction is completed.

As always, work with a real estate agent you trust, and remember that if you ever have questions, make sure you ask them of your agent.  Buying a home is a huge financial commitment, so arm yourself with as much information as possible.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

 

Buying a Fixer Upper for a Real Estate Investment

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The problem with buying fixer-uppers for real estate investment is that they need….fixing!  That may seem like a ridiculously obvious statement, but it is one that needs repeating.

If you are thinking of doing this for an investment, remember that major repairs to a home are very, very costly, so if you don’t have the skills to roll up your sleeves and do the majority of the work yourself, this kind of investment may not be for you.

If you do have the skills, then you need to consider several factors before diving headlong into the fixer-upper game.

Consider your skills vs the work that needs to be done.  If a home needs a new foundation, or has other structural damage, and you don’t have the skills to take on that task, then remember that a major repair will be very costly and may make your investment a waste of money.  The term “money pit” was coined because of investment homes that required far more investment than they were worth.

Make sure you do diligent research of the neighborhood where the real estate is located.  You will need to know what the resale value of the fixer-upper will be once improvements are made, and you need to know whether sales in that area are sluggish or great.

If you have few skills then you might want to go into partnership with a contractor, or at least a very handy do-it-yourself person who can help you with the remodeling and repair tasks.

Before buying, detail the work that needs to be done and then make a budget.  If, once you make that budget, you determine that you can’t stay within the budget, don’t take on that investment.  Most home repairs run over the estimates, so keep that in mind if money is tight.

Upgrading a fixer-upper can be a great real estate investment.  It can also turn into a money pit.  Do your homework before you take on such an investment.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

The First Three Steps in the Athlete Relocation Process

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Not only are the following the first three steps in athlete relocation; they are the only steps you need to consider.  Are you ready?

  1. Determine your short-term needs. These may include transportation to your new city, the arrangement of short-term housing upon your arrival, packing, and the arrangement for transportation once you arrive.  Most definitely there are others.
  2. Determine your long-term needs. This will be an extensive list that may include selling your current home, purchasing a new home in your new city, the transport of your vehicles and belongings, contacting utilities, bankers and schools, moving the rest of your family, and many more essentials that you simply do not have time to do.
  3. Contact an athlete relocation expert and turn your lists over to him/her. Let’s face it, athlete relocation is a major headache for most athletes, but it really doesn’t have to be.  By hiring a pro company like Sportsrelocation.com, all you have to do is meet with us for an hour or so, and then pack your bags and fly to your new city.  We do the rest.

 

Seems simple, right?  But how can you trust that everything will be done correctly and on time?

Simply because this is our business, and we’ve been helping athletes during their relocations for over a decade now.  Do you really think we would last this long in the celebrity relocation business if we weren’t good at what we do?

Find out for yourself.  The one name you need to remember when athlete relocation becomes a reality is Sportsrelocation.com.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

2015 A Great Year to Sell Your Real Estate

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The bad times of the real estate market are behind us.

Can we say that categorically and with 100% certainty?  Of course not, but we can say that all market indicators are positive, and they all point to the fact that 2015 will be a very good year to sell real estate.  If you’ve been sitting on the fence wondering when the right time would be, you might want to get off that fence this year.

Why?

First, let’s consider mortgage interest rates.  Mortgage rates continue to fall, and that is great news for sellers.  Low interest rates means there are more buyers out there looking, and that means supplies are low, and in a supply and demand market, that means this is a good time to sell a home.

Secondly, sales prices, in most major markets, continue to rise.  How long that will last is anyone’s guess, but what can’t be denied is that it is happening now.  Low supply, high demand, combined mean price increase.  2015 just might be the year you get top dollar for your real estate.

Thirdly, we are seeing an increase in first time buyers.  With a drop in the unemployment rates, more young adults are looking to purchase real estate of their own.  Those increases in the number of buyers is good news for any seller.

Fourth, the warmer weather of spring and summer will mean more buyers come out of the winter blues and start looking. This is inevitable and predictable, and a savvy seller will pay attention to this trend.

Now is the time.  2016 is an election year, and it is anyone’s guess what will happen to the market once a new President is elected into office, so selling before that happens is a smart move.  Consider all of these factors and then give us a call. We are here to help.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

 

Are You Tired of Winter?

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Are you tired of winter yet?

How about that snow?  Are you enjoying it yet?

If you’re a professional athlete, and you are playing for one of the northern teams, you probably think, right about now, that winter will never end.  If you’re new to the north then you best get used to it.  This winter is normal.  If you just relocated to the north, well, this is normal.

But there is an answer for your winter blues, and that answer is a second home in sunny Florida or Southern California.  Currently we are basking under sunny skies with temps in the seventies in beautiful Los Angeles, and although parts of Florida are feeling a bit of a chill right now, Miami and the rest of south Florida is experiencing the weather they are known for.

Something else to consider:  Florida and California are making the lists lately as two of the best real estate markets in the country.  There are some great properties available, luxury real estate just perfect for the professional who is tired of shoveling snow, and prices on those properties will only rise in the next couple of years.

In other words, you can escape winter and make a great investment for your future, all in one transaction.  Give us a call if sunshine and warm weather sound good to you.  We are here to help with all of your athlete relocation needs.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

How to Relocate Quickly

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You get a call from your agent and he informs you that you have been traded to a new team and you have to be in that new city in forty-eight hours.

Or….you are called into your supervisor’s office and he informs you that you are being transferred to the corporate office one-thousand miles away, and you have to be there in a week.

How is that even possible?  How can you possibly do all the chores and tasks associated with relocating in that short a time frame?

Well, the answer is that you can’t possibly do it all, so don’t even start worrying about it.  It is physically impossible to pull it off.  You can’t possibly sell your current home, arrange to have your belongings shipped, have your vehicle transported, call doctors and banks, pack clothes, organize important papers, call schools, call new schools, find short-term new housing and arrange utilities in that short a time.

But there are people who can do it while you are in the new city beginning your new life.

Welcome to the world of athlete relocation.  Welcome to the world of fast-track relocation in general.

At Sportsrelocation.com, we have been in the relocation business now for over ten years.  We have seen it all, and we’ve dealt with it all.  Our job is to take care of all relocation details so you don’t have to worry about them.  All we want to do is find out what you need, put you on a plane, and then handle it all for you.

Doesn’t that sound lovely?

And it’s just that simple!  We meet with you, or talk with you over the phone; we find out your needs; and we take care of those needs as quickly and as efficiently as possible.

Yes, relocation can be taken care of in a hurry.  It can be taken care of in the time it takes to call Sportsrelocation.com.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

The Value of Networking in the Relocation Business

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If you are in business you know this to be true.  “Man is not an island,” and nowhere is that quote more real and accurate than in business.  Establishing a referral network is crucial for anyone selling a product or service.

But establishing a network isn’t enough.  The other half of the equation is maintaining that network and not allowing it to grow stale.

I mention all that today so that you are aware of my feelings concerning the importance of networking, and how I believe networking is crucial to success.  And that’s what Sportsrelocation.com is all about….SUCCESS.  We want to be successful for our clients, because once we have delivered on their needs then we become successful, and success breeds success, and on it goes.

For over ten years we have been helping athlete and celebrities with their relocation needs.  Over that time we have built a network of like-minded professionals, and that network stretches across this country and even overseas.  Over that time we have increased our online presence and continued to increase our referrals.

And that means success for you!

Give us a call and allow us to use our network to make you successful.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

 

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