Episode 5

full
Published on:

24th Feb 2018

005 The Final Walkthrough, The Local Flavor, and Shell and Tell

It's the Final Walk-through

(Cue 80's music!)

What's the point of a final walk-through after visiting the home several times and a home inspection?

Repairs

  1. Double check to ensure anything on your negotiated repair checklist is complete as specified in the contract.

  2. Address any damage that was not-visible during or may have occurred after the inspection period.
  3. The home must be relatively clean. A higher level of cleaning can be negotiated before the walk-through, but the default is the home must be "broom swept".

Condition of the Home

Items That Convey

  1. Items that are included in the sale of the home are present and working as the were at the time of inspection. 

 

How serious is the final walk-through? A sale isn't final until it is closed. Although there may be reprocussions, it can be canceled for almost any reason until the sale is completed at the closing, but typically this only happens with less than 3% of transactions. This being said, Shelley is not a lawyer, so please seek out legal advice for any specific real world issues. 

 

The Local Flavor

 

We continued our tradition of celebrating Valentine's Day the day AFTER for minigolf, tacos, and rum!

 

Minigolf and GATORS!

Smugglers Cove Adventure Golf

3815 N Tamiami Trail, Sarasota, FL 34234

smugglersgolf.com

(941) 351-6620

 

Best house margarita in town!

Wicked Cantina

1603 N Tamiami Trail, Sarasota, FL 34236

wickedcantina.com

(941) 706-2395

 

The rum is awesome, the rum cake is amazing!

Siesta Key Rum

2212 Industrial Blvd, Sarasota, FL 34234

siestakeyrum.com

(941) 702-8143

 

We love dogs!

 

If you love dogs (or cats or other pets) check out Nate's. They are an exceptionally well run local pet shelter and adoption service.

 

Nate's Honor Animal Rescue

NATE’S PLACE RETAIL & ADOPTION CENTER

8437 Cooper Creek Blvd

Bradenton, FL 34201

Adoption Hours:

11-4: W Th F Su; 11-4: Sat

941-747-4900

 

The Ranch Adoption Center

4951 Lorraine Road

Bradenton, Florida 34211

Adoption Hours:

11am to 4pm: W Th F Su; 10am to 4pm: Sat

941-747-4900

 

 

Shell & Tell

 

This is our first Q&A segment to answer your questions about real estate. This week's questions came to us through the contact page on our website.

 

  • Robert in Lakewood Ranch wants to know how much should I expect to put down as a down payment or deposit?
  • It depends on the sale, but enough of a down payment that the seller knows you are a serious buyer. Between 1% and 5% is common, but despited popular belief 20% is not required. Your deposit can also vary based on the type of loan you qualify for, so please see a mortgage lending professional for the best advice for your specific situation.
  • Lisa in Gulf Gate asked can I buy a new home and sell my current home at the same time?
  • Yes! This happens frequently, but the timing can be tricky. Simultaneous closings can be very challenging so the best way to do this is to allow a day or two or so of gap time between the sale of your current home and purchase of a new home to avoid unpleasant surprises at the time of the closings. Also having both transactions handled by the same title company can aid in the proper timing of both closings happening at the same time. If you have further questions about this contact Shelley at (941) 960-5115 or [email protected]

 

Do you have a question for Shelley? 

Send them to "Shell & Tell" on our contact page or via our social media pages or call us at 941-677-3915.

 

The information contained in this episode has been obtained through sources deemed reliable by Shelley Panas and / or any guest on Selling Sarasota Podcast, however, we cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We recommend to our listeners that any information, which is of special interest, should be obtained through independent verification. 

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About the Podcast

Selling Sarasota
Welcome to Selling Sarasota Podcast! In every episode Shelley lays the smackdown on misinformation and delivers key insights into local real estate. Shelley Panas is a REALTOR® with Century 21 Beggins Enterprises in Sarasota, Florida.

About your hosts

Shelley Panas

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Living in Paradise! After running a successful company in Colorado Springs I decided that although mountains are beautiful, it was time for beaches. I relocated to Florida and joined the highly successful team at CENTURY 21 Beggins Enterprises -- the #1 C21 in Florida! I love it here! There is always something new to experience. At the end of the day, it is so nice to hop on my bike and head to the beach. The feel of sand squishing between my toes, listening to the waves crash on the shore while watching the sun paint the sky beautiful shades of gold, red and purple as it set is the perfect way to end my day. So I ask, why just come visit when you can stay?

I believe there is something profound in owning a home. This is your personal place to dream big dreams, relax in comfort, and be with the ones you love. I became a REALTOR® to help people have a better life.

We started our podcast in 2018 after Ed spent most of 2017 developing ideas for launching a podcast, only he didn't like any of the show topics he was testing. To test his audio gear he started "interviewing" me about my work in real estate. Needless to say, these test recording sessions became very silly very quickly and that's we realized we had our show. Ed brings his technical expertise in web development and digital marketing to complement my skills and experience in real estate to the show.

Edward Panas

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I have been a huge fan of podcasts since before they were even called "podcasts"! I remember listening to talk radio shows as far back when I was a kid through my college years. My frustration was always with getting a good signal or catching my favorite shows when they aired. When "Internet radio" shows started in the early 90's I used to listen to streaming shows from college & public radio stations, but connection speeds were limited. When podcasting started in 2004 I knew this was going to be a significant change in audio entertainment. As my weekly listening time increased over the years my interest in starting my own show grew as well.

I started kicking around the idea of starting a podcast shortly after moving to Florida in 2014, so in 2017 I joined Florida Podcaster Association in Tampa and learned how I could start my own show. As Shelley mentions in her bio, my ideas all sucked. (She says it much nicer than this.) I either lost interest very quickly or the ideas were just plain bad. She agreed to work with me testing out my new gear and audio production skills talking about her work in real estate. We were having so much fun doing these practice recordings we realized that this was our show. After a few months of learning about audio production and working out our content plan, we launched Selling Sarasota Podcast at PodFest Multimedia Expo on February 9th, 2018!