Real estate without home drainage problems have become the new day “flight to quality”. Why would you buy a home with a drainage problem, and non-disclosing sellers?
Our Oregon real estate market is under seige due to many concepts all at work at the same time.
Position yourself in the market as a seller that does not have a groundwater drainage problem if you intend to survive the chances that are coming down the road. Buyers are not going to buy into the old hype anymore. Quite honestly, I have given them information that no longer makes it necessary for the to go searching for answers.
An ounce of home drainage prevention is worth a dump truck of cure, after you are already saturated. In case you haven’t noticed, there is alot of inventory out there, and more to come, with impending foreclosures rising.
Lots of homes out there, few buyers.
A large portion of the former booming real estate market was enhanced by buyers who had never known a soft to bad real estate market.
It is necessary for homeowners to rise above the rest of the home sellers, to be successful at marketing a home in a market like this.
These homeowners better not get caught trying to lie to the readers of this site. They are going to walk on you, and find a quality seller. The quality home always follows a quality home seller.
That means having value added capital improvements installed to prevent groundwater damage, ie. hand excavated french drain groundwater removal systems, installed at your home. Success is prevention. Pure and simple.
I can stop the flow of water into your crawl space right away, in the first day after installation, but it won’t dry out your two foot deep or deeper saturated crawl space floor, without months to years of work, depending on whether you stopped the groundwater from coming in to begin with.
The recent credit crisis swept in major changes for the entry level home market especially. Gone is leveraged, low down, we can get started in home ownership with this, sub-prime financing for homes.
The credit market of the past has been quite forgiving with respect to allowing buyers with less than strong credit a place in the home buyers market.
The more buyers, the higher the prices, and so on. It was good for everyone. Hum, or was it?
If you want to succeed in the market and stand above the rest with a fair market value, and something that interests buyers in comparison to the other properties out there, make sure you are not one of the many that have deferred maintainence in the form of home drainage problems.