Serving Home Sellers in Fishers Indiana
Lugar Real Estate, LLC serving Central Indiana recommends that all their sellers prep their home before they put their home on the market. Melissa Tracey has written a good article on when neighbors make it tough to sell.
Call us to set up your next showing at 317-572-5033 and enjoy the following article on when neighbors make it tough to sell.
When Neighbors Make It Tough to Sell…
On April 2, 2012, in Home Trends by Melissa Tracey of REALTOR® Magazine writes:
You have a great house to sell, but then you look next door–could the neighbor be hurting your chances of finding a buyer and getting the highest price for your home? Certainly, the “neighbor effect” has become a growing problem in recent years.
Foreclosures and abandoned homes have left some nearby properties decaying, which has made some buyers grow wary of moving next door to a home with overgrown lawns, boarded up windows, and trash scattered about.
But foreclosures and abandoned homes aren’t always the problem. Sometimes it’s just a stubborn nearby neighbor who is making it a challenge to sell.
Maybe they send their yapping dog outside whenever a potential buyer comes near, or their yard or fence’s lack of upkeep is bringing down the “look” of the street. Buyers don’t just eye the home for-sale, they’re also looking next door to see who their neighbor will be…and they don’t want to see trash.
A man in Brighton, Colo., was accused of sabotaging his neighbor’s home sale. The man posted warning signs to potential buyers on his recreational vehicle parked outside of his home. He wanted to let would-be buyers know what they could expect if they moved next to him: Loud parties, loud music, and loud cars. He also warned he has three Rottweilers and he’s “anti-horse” (the home is in a horse community). The real estate agent said buyers quickly stopped calling after the man’s signs went up.
County officials did step in, fining the man up to $100 per day for the signs and for having too many vehicles and trailers parked on his property.
Some cities are cracking down on messy neighbors, imposing daily fines or, in extreme cases, even putting them in jail.
A 53-year-old woman in Mount Pleasant, S.C., Linda Ruggles, was jailed for six days for having a messy yard and not paying a $480 city fine for it. The yard had piles of shingles on the rooftop (for three years), a driveway covered in scrap metal, and toilet bowls that were being used as planters. Neighbors had complained that the woman’s messy yard was bringing down the value of their homes.
But neighbors, contractors, and a real estate group offered to help the woman clean up her yard, after learning her business had slowed and all of her money was going toward keeping up with her mortgage to avoid foreclosure on the home she had owned for 15 years. She said she didn’t have the money to cover the cost of cleaning up her yard.
In some cases, a neighbor’s mess may be due to a health or financial circumstance, in which a helping hand is all that is needed. But in other cases, you may stumble across a saboteur neighbor who just doesn’t seem to want to help their neighbor sell a home. For some tips on how to handle potential saboteurs and messy neighbors, check out Battling the Neighborhood Eyesore.
Have you ever had a messy neighbor almost derail one of your deals? How did you handle it?
Jack Lugar (MIBOR, NAR, J.D., WGAw) is a state licensed Attorney and Real Estate Broker who is a native Hoosier. Jack returned to Indiana after spending 13 years working managing his writing career in the entertainment industry in Los Angeles where he rose to the top 5% of writer’s nationwide. Jack now works as Principal Broker at Lugar Real Estate, LLC serving home buyers and sellers in Central Indiana. Jack Lugar also serves as general counsel for The Foster Group, providing legal counsel in the areas of real estate, business, estate planning, employment, and entertainment law; and works with a diverse group of clients including borrowers, developers, investors, employers, buyers and sellers of real estate, and entertainers. Jack is deeply rooted in his community. He currently sits on the institutional review board for Concentrics Research, on the board of Henry’s Hope, and is a Congressional Candidate for Indiana’s new 5th District.
Elisabeth Lugar (MIBOR, NAR) relocated to Indiana after working in the entertainment industry for over a decade. She works at Lugar Real Estate, LLC as a Realtor for those in need of buying or selling their home and specializes in home buyers who are relocating to Indiana or purchasing their first home. As a Realtor for clients in Central Indiana, Elisabeth serves clients who are buying and selling their homes. She has merged her experience in marketing and distribution to provide her clients with everything they need in a real estate transaction using MIBOR, the strongest marketing tool in Central Indiana. Elisabeth joined Jack Lugar’s real estate team in 1997 and the rest is history. Together Jack and Elisabeth have built Lugar Real Estate, LLC. Her goal is to give you the best real estate experience whether you are buying or selling, to simplify your buying and selling experience, and provide you with an enjoyable experience! Utilizing the best marketing tools and technology Elisabeth makes sure you have access to all the homes on the market and makes sure other Realtors have access to your home while it’s on the market. Elisabeth Lugar is deeply rooted in her community serving on the Geist Elementary PTO, Chair of Everybody Counts, and spearheading the Inaugural Henry’s Hope Back-t0-School Bash.
Jack and Elisabeth have a vast knowledge of the real estate market and a depth of familiarity with the Indianapolis area. They take the time to listen and understand their clients’ needs and provide them with exceptional service.