Tampa Waterfront Homes for Sale - Tips When Buying - Lance Mohr - Tampa Realtor

In this video, realtor Lance Mohr goes over some helpful tips for home buyers and how to buy waterfront homes.
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Hi, my name is Lance Mohr and I'm a real estate agent in Tampa and I wanted to do a video today because I had a gentleman call me, actually someone I knew in Tampa. He had one of his friends that was looking for a waterfront home in Tampa Bay. It was more of an acquaintance and the gentleman was looking at Tampa waterfront homes for sale and they decided to buy a lot so they contacted a real estate agent and they didn't know at the time this real estate agent really didn't have a clue in what they were doing so let me just tell you about his experience and it was really almost catastrophic for this gentleman and his wife. They almost bought a $600,000 lot that was on the wrong location.

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So what happened is he was talking to the agent, they were looking for Tampa waterfront homes for sale and then they went to the lot and they decided to build something so the agent starts sending them information. They found one that was advertised on the Gulf of Mexico. It was a gorgeous lot on the Gulf so they went under contract on it, they paid $600,000 and they put $50,000 earnest money down. Well what happened is they get a little before closing to find out that this lot was not on the Gulf, it was across the street on the intercostal- big difference. On the Gulf it was probably worth $600,000 but on the intercostal when you have neighbors 50 yards across from you it was not worth anything near $600,000 so I talked to them to figure out what happened and I asked them, I said well the listing agent advertised it on the Gulf. I said well didn't you see a survey? And he said no, they kept on giving us excuses. They were paying cash for the property. The listing agent kept on giving his selling agent, his realtor excuses about the survey and I said, "Okay but when you came to town didn't you meet your agent and meet the listing agent at the property and look at the property and see where all the stakes were for the survey?" He said no and I said okay well didn't your real estate agent at least call the title company and ask them for a plot map or did you see the plot map of the property and he said no. He didn't know what to do. He was new to all of this and I completely understand that.

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Lance Mohr
Mohr Realty Group at Keller Williams
813-317-4009
http://www.tampa2enjoy.com
http://www.tampabayrealtypros.com
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