Blog > Hidden Deal Breakers in the Tampa/St. Petersburg Real Estate Market

Hidden Deal Breakers in the Tampa/St. Petersburg Real Estate Market

by Thomas J. Morillo

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Have you ever been charmed by a property photo online 🖼️, only to be dismayed in person by an unexpected 7-foot ceiling? Such unforeseen features have thwarted many a property transaction, often catching potential buyers off-guard.

Navigating the dynamic landscape of the St. Petersburg real estate market is no mean feat. There are pitfalls aplenty, but, thankfully, most are avoidable with the right expertise at your side. Here are some common stumbling blocks you might encounter:

Surprisingly Low Ceilings:

The architectural landscape of St. Petersburg has evolved over time. Numerous homes in the area have seen extensions, occasionally resulting in unusually low ceilings. A diligent realtor would spot this in advance. At TJM Home Team, we prioritize understanding our client's needs, ensuring such details don't become unwelcome surprises during property viewings.

Flood Zones:

Realizing your chosen property lies in a flood zone 🌊 can quickly dampen the excitement of a potential new home. Although you can filter out homes in flood zones on our website, occasional discrepancies exist in the MLS. Valuing your precious time ⏳, we thoroughly verify every detail through public records prior to any showings.

Unpermitted Work:

Imagine finding an impressive online listing showcasing home additions 🏠✨, only to later discover that these enhancements lacked the necessary permits. Such omissions can pose financing challenges. It's essential to align with a realtor who cross-references with public records, ensuring you don't invest emotionally or financially in properties with such pitfalls.

Now, while these are just a few examples of why deals in St. Petersburg and the broader Tampa Bay Area might fall through, a seasoned realtor would preemptively identify and tackle these challenges. ✨These challenges are very common in some of St. Petersburg most desirable neighborhoods such as Kenwood, Gulfport and Old Northeast✨. Proper due diligence by your realtor—something basic yet pivotal—can prevent these pitfalls and save you valuable time.

Having a trusted guide in this journey is crucial. With over 18 years of experience in property flipping and real estate, Thomas J Morillo has accumulated a wealth of expertise. He and the TJM Home Team stand out by consistently demonstrating an unwavering commitment to their clients. When you're with us, you can rest assured that your interests are our top priority, and you're truly in competent hands. 👥✨

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