Posted by Peggy Farber on 11/21/2018

When you make the decision to buy your first home, you should be certain that you’re ready to make the leap into homeownership. There’s many different things that you should do as a buyer to get ready before you even set out on the search of a perfect home.


Choose An Agent


You may think that one real estate agent is the same as any real estate agent that you’ll find. This is far from the truth. Some agents have certain specialties. The knowledge that an agent will bring to your house hunt is often invaluable. You are making one of the biggest purchases that you’ll ever make in your lifetime. While many buyers think that they can simply do an online search themselves to find a home, your realtor will have many more resources to assist you in finding exactly what you’re looking for.


Figure Out The Financial Portion Of Buying A Home


While knowing how many bedrooms you need and where you hope to live is important, understanding your finances is even more important. You’ll need to talk to a lender to get the process started. After looking at your own personal budget, you should get pre-qualified. Getting pre-qualified allows you to see a general number of how much house you can afford. That can help you start the process, however, there’s still a few more steps. 


From here, you can do what needs to be done to get your entire financial picture ready to buy a home. This includes saving for a downpayment, improving your credit score, and continuing to keep up bill payments and consistent work history. 


Next, you’ll want to get pre-approved. This allows your lender to dig into your financial picture. Everything from your credit score to your income and employment history will be considered. Your lender will then give you a more definitive number of how much you’ll actually be able to get for a loan when you buy a home. To get pre-approved, be prepared with 1099 forms, pay stubs, tax returns, and bank statements. You’ll then have the concrete amount that you’re approved for along with the interest rate that you qualify for. 


Once You Have Applied For A Home Loan


Once you find the realtor to assist you and secure the home of your dreams, you’re not free to head out and buy all the furniture that you need to fill up your house. The home loan must go through the underwriting process and until that is complete, your finances are essentially on lockdown. If you start opening new credit cards, decide to buy a car, or fall behind on payments, you could end up in a lot of trouble. You want to keep your credit score stable throughout the process of buying a home for smooth sailing.





Posted by Peggy Farber on 11/15/2018

This Condo in Brewster, MA recently sold for $970,000. This style home was sold by Peggy Farber - Gibson Sotheby's International Realty.


292 Wauquanesit Drive , Brewster, MA 02631

Brewster (village)

Condo

$995,000
Price
$970,000
Sale Price

7
Total Rooms
3
Beds
2/2
Full/Half Baths
Good morning sunshine! Sparkling water and dappled sunlight are the natural backdrop to this beautiful Cobbs Pond condo; a wonderful complex on Cape Cod Bay! Boasting a gorgeous private bay beach, new salt-water in-ground pool, tennis courts, clubhouse ... you might never want to leave the manicured grounds! Boasting stunning pond front views, nearby path to the beach, gas heat, central air, multiple waterview decks and more. Offering 3 bedrooms (one an ensuite master), 2 full and 2 half baths, gleaming hardwood, security system, 1-car garage, end unit, gas fireplace and a finished basement office/den for starters. A must see to fall in love!






Tags: Brewster   Real Estate   02631   Condo  
Categories: Sold Homes  


Posted by Peggy Farber on 11/14/2018

Preparing to put your home on the market almost invariably involves three things: painting, cleaning, and organizing. Since you might also need to do some repairs and updating, it's crucial that you prioritize your tasks and make sure you're not spending more money, time, and energy than necessary.

Consulting with your real estate agent about what projects are the most important will help you make the most of your available resources.

All home sellers have a different timetable in which they need to get their home ready for potential buyers. Few people, however, have the luxury of tackling those projects slowly or sporadically. When you factor in your busy schedule with everything that typically needs to be done before a house goes on the market, time management and self motivation become crucial elements in the process.

Wall painting often tops the list

In spite of your best intentions, walls and doors are going to get scuffed, scratched, and marred. Small, but noticeable holes from nails and thumbtacks also have a way of increasing with every passing year. Regardless of how careful you think you've been, it's virtually impossible to keep your walls looking fresh, clean, and well maintained. Bathrooms pose even more of a challenge because moisture and steam from showers will gradually cause paint to crack, peel, and lose its original smooth quality. Bedroom walls, especially those of children and teenagers, will also be subjected to a lot of wear and tear.

Fortunately the cost of a couple gallons of paint, along with brushes, rollers, and other basic supplies, is an affordable solution for most home sellers. It's one of the most cost-effective methods of freshening up your house, and it significantly enhances your home's eye appeal and marketability.

One of the pitfalls of repainting your walls, however, is the possibility of choosing colors that may turn off some potential buyers. Colors which you may describe as vibrant, splashy, or cool, might be viewed by others as garish, tacky, or "over the tip." That's why it's often best to play it safe by choosing colors that are considered neutral, such as grey, beige, tan, eggshell, and ivory.

By veering away from colors that might be considered too bold and strident, you're increasing the likelihood that your décor will appeal to the widest range of potential buyers. While there may be exceptions to just about every rule -- especially as it pertains to decorating -- your objective as a house seller is to increase the probability that your home will appeal to as many people as possible!

"Immaculate" is a good goal

Another thing prospective buyers will frequently notice is the level of cleanliness in your home. While it's difficult (at best) to keep your home absolutely spotless all the time, it does pay to establish a few family rules and expectations to help you maintain a semblance of order until your house is sold!





Posted by Peggy Farber on 11/7/2018

While many homes are sold on the basis of emotional appeal or location, there are plenty of other factors which can help tip the scales in your direction. As a home seller, the more advantages and desirable features you can offer to potential buyers, the greater your chances of attracting multiple offers.

If your kitchen and bathrooms haven't been updated for decades, that could easily become a major stumbling block to attracting qualified buyers. Unless their plan is to remodel your kitchen after they buy your home (which is not likely), house hunters are generally not going to look kindly upon old laminate counter tops -- especially those with the ghastly colors from the sixties and seventies! The good news about making your outdated kitchen and home more marketable is that you have the option of resurfacing old countertops rather that completely replacing them.

Although it's generally a good idea to have professionals do this, you can cosmetically improve the appearance of your kitchen countertops by resurfacing them with granite sheets or tile. Resurfacing is also a relatively inexpensive way to help restore aging kitchen cabinets -- another aspect of your home that potential buyers are going to notice.

According to a recent study, quite a few buyers are drawn to features like stainless steel appliances, subway tiles, farmhouse sinks, Shaker cabinets, exposed brick, pendant lights, and quartz countertops. By the way, Quartz does offer some advantages over granite because it's more scratch resistant, maintenance free, and doesn't need to be sealed or polished.

Other features which attract home buyers include energy-efficient windows and appliances, sufficient insulation in attic and elsewhere (many older homes lack this), low-maintenance flooring (not carpeting), roofing that's been replaced within the past decade, finished or semi-finished basements, first-floor/separate laundry rooms, newer hot water heaters (extra points for tankless units), outdoor security lighting, fenced backyards, and dry basements. If you do have issues with excess moisture or leaks in your basement, it may be helpful to install a sump pump, a dehumidifier, French drains, or other dry basement remedies to address those issues before they're brought up by prospective buyers.

While there are certain aspects of your property that can not be changed, such as proximity to neighbors or the school district in which you're located, their are plenty of cost effective ways to improve the appearance and functionality of your home before you try to sell it. To identify problems before they become obstacles, some homeowners hire a property inspector to point out issues. That way, they're not blindsided by unexpected structural, mechanical, electrical, drainage, or energy conservation issues they might not be aware of. In addition to a reputable property inspector, a seasoned real estate agent can also be one of your best advisors when you're ready to put your home on the market.





Posted by Peggy Farber on 10/31/2018

Everyone defines the term "quality of life" differently, but if you asked 100 people, you'd probably hear a lot of similar answers.

According to a Gallup study entitled "The State of American Well-Being," the  basis for a good quality of life includes having a sense of purpose, feeling good about what you do every day, having supportive relationships, being motivated to achieve your goals, being able to effectively manage your finances, having the energy and health to pursue your interests, and sharing a sense of community pride. Feeling safe and liking where you live were also key ingredients in the formula for a high quality of life .

The Gallup/Sharecare report focuses on several aspects of community life, such as the role local governments play in offering amenities and resources to citizens. The study concluded that "communities that invest in active living, including bike paths, parks, walkability and public transit, have residents with better health and well-being outcomes."

While factors such as the quality of school districts and low crime rates are often foremost in the minds of house hunters, there's also a lot to be said for communities that offer public recreational facilities, educational programs, cultural events, and services that promote health, safety, and a clean environment.

Advantages that can help make one community more desirable and family friendly than another can range from free outdoor concerts and public tennis courts to the availability of farmers' markets and clean, updated playgrounds. Other features which can positively impact the quality of life in a community include well-maintained roads and bridges, the availability of dog parks, community parades, and programs to encourage the proper disposal of drugs, electronics, household chemicals, and recyclable products.

At the neighborhood level, quality of life is often measured by factors like noise, the condition of nearby properties, the overall safety and security of the area, and the amount of street traffic. Clean air, mature trees, and friendly neighbors can also contribute to a wholesome living environment that can be enjoyed for generations.

While there are many advantages to designing your own home or buying new construction, one might need to make short-term sacrifices when it comes to things like noise, neighborhood aesthetics, and other temporary inconveniences. Your real estate agent or home builder can probably fill you in on things like construction timetables and project completion dates.

If you're in the market for a new home, it's always a good idea to clarify in your own mind what you and your family needs to feel comfortable, happy, and secure. Creating a priority list of needs, desires, and preferences not only helps you stay focused in your real estate search, but also increases the probability that you'll be satisfied with your new home on a long-term basis.