Pierre C. Rumpf's Blog
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Radon has no smell, taste, or color. It is a transparent, radioactive gas. Radon is released when the uranium that is contained in the soil and rocks decays over time. The reason that radon is an issue in a home is because it is released through cracks or openings that exist in the foundation. If too much radon is present in the home, the radioactive particles can attach themselves to dust particles, causing people in the home to breathe the harmful substance in.
What Is A Radon Test?
The radon test is conducted over the course of two days. A testing machine or canisters are placed on the lowest habitable level of a home being tested. This would be either on the first floor or in the finished basement level of the home. The cost of a radon test isn’t very much, ranging anywhere from $65 to $125. The radon test is typically part of the home inspection, but sometimes other circumstances warrant a test or re-test. The canisters take a bit more time to produce results than the testing machines do, so confer with your inspector before the test is done.
One thing you should know is that radon is always present. The level of radon fluctuates constantly. The test is conducted over a two day period to get the average level of radon in the home. The Environmental Protection Agency considers levels of radon at or above 4 pCi/L to be unsafe. If this is found to be true, there is a solution, however, as systems that lessen the amount of radon in the home can be installed. These can come with a hefty price tag, costing anywhere from $1,000 and up.
Radon levels will vary on a daily basis. They can also vary by season, with weather conditions and with the amount of available ventilation. Structural changes that have been made to the home can also have an effect on the levels of radon in the home. If you are getting ready to sell your home and already have a radon mitigation system installed, you may want to test the levels before you even put your home on the market to know what you’re working with. The system may not be working properly, or the levels may have faced a sharp increase, making it hard for the removal system to keep up.
With the proper installation of a radon removal system, the air in your home will be safe to breathe. If you put an offer in on a home and the home inspection finds that there are unsafe levels of radon present, at least you’ll know what you’re dealing with. If you decide that the home is not the place for you and your family, even with a removal system, you’ll walk away from the deal informed. If you’re a seller, beware that the level of radon in your home could affect the sale. Although radon sounds like a scary thing, it’s manageable. Radon tests and removal systems help to keep the levels safe.
As a home seller, there is always a chance that you may receive a lowball offer on your house. When this happens, you might feel disappointed and frustrated and be ready to move on to the next offer. However, a lowball offer may set the table for a negotiation, particularly for a home seller who knows how to respond to this proposal properly.
Ultimately, it is important to assess any offer on your home, even if this proposal fails to meet your initial expectations. And even though it may be tough to take a lowball offer seriously, you'll want to consider the pros and cons of it before you make your next move.
What does it take to assess a lowball offer on your home and counter it accordingly? Here are three tips to help a home seller do just that.
1. Stay Focused on Your Goals
For home sellers, you want to sell your home, maximize its value and move through the home selling process as quickly as possible. As such, you'll want to keep these goals in mind any time you receive a lowball offer.
If you receive a lowball offer, remain focused on your goals, and try not to get too emotional about it. With this approach, you'll be able to remain calm, cool and collected and respond to the proposal without the risk of burning any bridges between you and a potential homebuyer.
2. Respond to the Homebuyer's Offer
What you might consider to be a lowball offer may be a fair proposal in the eyes of a homebuyer. Thus, you should respond to a homebuyer's proposal, regardless of whether you consider it to be a lowball offer. By doing so, you may be able to open the lines of communication and help the homebuyer better understand what you consider to be a fair price for your residence.
After you receive a lowball offer, you may choose to pass on it and can relay your decision through your real estate agent. In this scenario, you can let the homebuyer know that you appreciate his or her offer but are going to pass on it. That way, you can decline the proposal politely and await offers that fall in line with your expectations.
Comparatively, you might decide to counter a homebuyer's initial offer, and your real estate agent can pass along the information about what you would be willing to accept for your house. By countering a homebuyer's offer, you may be able to begin a negotiation that could help you accelerate the home selling process.
3. Establish Realistic Expectations
Pricing your home competitively from the get-go is paramount for any home seller. With a competitive price, you'll be able to set realistic expectations for homebuyers and may be able to avoid the risk of receiving a lowball offer entirely.
When it comes to determining a fair price for your house, consult with your real estate agent. Remember, your real estate agent possesses industry experience and can help you set a fair price for your house based on the current real estate market's conditions.