Sunday, May 1, 2011

Santa Cruz Home Buying

Recently I received a phone call from a past client who is ready to purchase a home in Santa Cruz. This in itself was thrilling for me, since we real estate agents are never sure that when the time comes, our phones will ring.

So off we went to look at this picture perfect little Santa Cruz Home on an amazing large parcel. The opportunities for this Santa Cruz property are endless. Happily, it is zoned for multiple units, imagine a lovely income producing 4 unit rental dwelling, set among other multi-unit income producing units.

I am sure however that this buyer is not going to even consider tearing down this house to build those income producing units, he is already planning where the hot tub and chicken coop will be.

It actually is a perfect little grandma house, complete with what appears to be a working Wedgewood stove.My client is having flash backs. He grew up just down the road, and has wonderful memories of days spend at a near by beach, the outside shower he helped build in order to save the inside plumbing from the "sand" baths after a day in the surf. He is a practical man, so I am not too concerned about his trip down memory lane, but homes like these has pitfalls that buyers can easily fall into.

We talk about the possibility of termites, wall heaters and huge bills to restore this Santa Cruz beach cottage to it's former glory. No doubt there will be bills for a new roof, new windows and a front door that will keep the cold out and the heat in.
There is a chance that a major remodel will need to take place since the bedrooms are not large enough for a queen size mattress, and where would you hang your clothes since not much will fit in those tiny little closets.

Tomorrow, we will see if this is the perfect first home for him or not. We are taking a side trip to see another, larger home on a much smaller lot, bye bye chickens. I keep reminding him the hard part is already done, he has taken the first step to owning his first home. The first step, the hard part was deciding to start shopping, now the fun part begins.

Santa Cruz Real Estate is RED hot right now, do not miss this opportunity. Contact Me and I will be happy let you know what the value of your home is, and what else is out there for the ready buyer.

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