Marilyn Ellis, CBR, CHMS, LMS, HAFA
RE/MAX Leading Edge | 781-944-6060 | marilynellis@remax.net


Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 11/23/2017

Although your condo has served you well for many years, now may be a great time to look to move out of your condo and into a new home.

Ultimately, there are many reasons why you might want to sell your condo, including:

1. Your condo is too small.

Your condo was large and spacious when you initially moved into it a few years ago. However, as you have accumulated items and your family has grown, your condo now lacks the space you need.

If you find that your condo is too small for your family, there's no need to worry. In many instances, a condo offers a great starter home, and it is common for people to look to upgrade from a condo to a house.

Lucky for you, interest in condos is rampant across the United States. This means you should have no trouble stirring up interest in your condo if you ever decide to sell it.

2. You want to capitalize on a seller's market.

The housing market fluctuates constantly. As such, when a seller's market arrives, it may prove to be the best possible time to maximize the value of your condo.

In a seller's market, there is a shortage of quality properties available and an abundance of homebuyers who are searching for their dream residences. Meanwhile, if you own a top-notch condo, you may be able to add it to the real estate market and receive a hefty sum for your property.

To learn more about how a seller's market works, consult with a real estate agent. This real estate professional will be able to educate you about the ins and outs of a seller's market. And if you decide to list your condo, your real estate agent will be able to help you price it competitively from the get-go.

3. You want greater flexibility to complete home improvement projects.

Let's face it – your homeowners association (HOA) does an excellent job to maintain your home's exterior, but it would be great to have the flexibility to complete a home exterior project without the HOA's approval.

Condo living involves trade-offs. Typically, condo owners will pay HOA fees that guarantee walkways are shoveled in winter, lawns are cut in spring and summer and other day-to-day home maintenance tasks are performed regularly. On the other hand, if you want to repaint your home's exterior, you'll likely need the HOA's approval to do so. And if you decide to add a fresh coat of paint to your home's exterior on your own, you will probably receive HOA fines and penalties.

As a homeowner, you'll never have to worry about asking an HOA's permission to update your house's exterior. Instead, you can paint your home any color you'd like, plant a garden in your front yard, install a swimming pool in your backyard and much more any time you choose.

Ready to add your condo to the real estate market? Employ a real estate agent, and you can boost your chances of optimizing the value of your condo.




Tags: Condo   condo fees   condo rules  
Categories: Uncategorized  


Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 11/16/2017

Ready to acquire your dream home? Although you might have already located your ideal residence, you may need to negotiate with a home seller. By doing so, both you and a home seller will be satisfied with the final results of a property transaction.

However, a homebuying negotiation sometimes can be tricky. And if you fail to keep your cool throughout a negotiation, you may miss out on the opportunity to purchase your dream residence.

What does it take to remain calm during a homebuying negotiation? Here are three tips to help you do just that.

1. Take Your Emotions Out of the Equation

Don't take it personally if a home seller wants to negotiate. Instead, view it as an opportunity to ensure all parties involved in a home sale get the best results possible.

In many instances, it's easy for homebuyers to let their emotions get the best of them. But if you feel overwhelmed by stress and frustration, it is essential to take a step back and assess the situation. That way, you can avoid making any rash decisions that could put your chance to purchase a top-notch house in danger.

Try to maintain a positive outlook throughout a homebuying negotiation. Also, don't hesitate to reach out to family members and friends for support, as these loved ones likely can help you analyze any homebuying hurdles and find ways to overcome them.

2. Know Your Options

You may invest many hours in a homebuying negotiation, and you might even make various concessions along the way. But despite your best efforts, there are no guarantees that your homebuying negotiation will be successful.

For homebuyers, it is important to remember that there are plenty of houses available in cities and towns nationwide. Therefore, if a homebuying negotiation goes sour, you can walk away and start a new search for a terrific home.

3. Consult with Your Real Estate Agent

When it comes to negotiating a home purchase, a real estate agent can make it easy to streamline the process of acquiring your dream residence. This housing market professional can serve as a liaison between you and a home seller. As such, he or she will do everything possible to deliver exceptional results for all parties involved in a homebuying negotiation.

Your real estate agent can take the guesswork out of a homebuying negotiation. This real estate expert can respond to any concerns or questions you may have throughout a negotiation. In addition, he or she will provide honest, unbiased recommendations to help you make informed homebuying decisions.

Perhaps best of all, your real estate agent can help you alleviate stress during a homebuying negotiation. He or she will provide you with world-class guidance, enabling you to stay calm, cool and collected as you search for your ideal residence.

Don't let your emotions overwhelm you during a homebuying negotiation. Conversely, use the aforementioned tips, and you can maintain your composure throughout a homebuying negotiation and boost your chances to acquire a first-rate house.





Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 11/9/2017

A lawyer maybe the last person that you think of contacting during the home selling process. After all, if you hire a lawyer when you sell your house, you reduce the amount of profit that you get to keep from the sale of your home. Factor in your real estate agent’s commissions and you could decide that bringing on a lawyer simply is not worth it.

Yet, a lawyer could save you hundreds or thousands of dollars on the back end of a house sale. Following are a few ways that selling your house with the help of a lawyer could pay off.

Attorneys could save you legal fees related to problems that arise from the sale of your house

  • Ensure that you meet all required legal disclosures. States like California have strong house disclosure rules. Not only do you have to disclose of known defects with your house, you also have to sign disclosure forms in some states. A lawyer could let you know if you’re required to pay for a home inspection before you sell your house. An attorney could also let you know how soon before closing you are required to get your house inspected.
  • Trees with limbs that hang over your neighbor’s property are another area that a real estate lawyer can advise you on. For example, a real estate attorney may know whether or not you have to remove hanging limbs if a tree produces fruit that could fall onto your neighbor’s property and cause damages.
  • Contingencies like how to handle counter offers can also be written up by a real estate lawyer. If the buyer presents you with contingencies, the lawyer that you work with while selling your house could look the contract over, ensuring that you get a good deal.
  • Should your house be in foreclosure, a real estate lawyer can let you know what to expect during the foreclosure process. A good real estate attorney could also work with lenders and help you avoid losing your home, giving you enough time to sell the property and potentially earn a profit.
  • If you’re selling a house that you formerly rented to tenants, by working with a real estate attorney you can stay within the guidelines of tenant removal notices, occupancy rules and leasing agreements. You could also work with a real estate attorney to draw up lease to own agreements. This option may work well when selling to first time homeowners, especially if the homeowners are concerned about taking on the responsibility of owning a house but are, on the other hand, prepared to move into a place of their own.

If you’reselling your house on your own, without the support or guidance of a licensed real estate agent, consider working with a lawyer who is familiar with the real estate market. A lawyer who understands property tax laws, defect reporting,property boundaries and housing discrimination regulations could help you to avoid legal errors. The attorney who you contract with to help sell your house could also increase the level of confidence that potential home buyers have in the deal.




Tags: mortgage lawyer   lawyer  
Categories: Uncategorized  


Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 11/2/2017

If you recently bought a house, you likely will need to purchase chairs, couches and other furniture for your residence. Luckily, we're here to help you streamline the process of discovering the right furniture, at the right price.

Now, let's take a look at three tips to help you find the right furniture for your residence.

1. Consider the Size of Your Home

Take close measurements of your house before you purchase any furniture – you'll be glad you did. Because if you fail to measure properly, you risk buying furniture that might not fit inside your house.

Also, it is important to account for the weight of furniture. If you consider the weight of furniture prior to purchase, you can ensure that you'll be able to carry this furniture into your house. Or, if you cannot lift furniture on your own, you can reach out to family members or friends for assistance.

2. Visit Several Furniture Stores

Dozens of furniture retailers are located in cities and towns nationwide. As such, if you shop around, you should have no trouble finding furniture that matches or exceeds your expectations.

Take a look at furniture from several furniture stores. That way, you can consider a variety of furniture for your kitchen, living room and other areas of your residence.

In addition, don't forget to ask a furniture store about delivery. If you can get a furniture store to bring benches, sofas and other furniture to your house, you won't have to worry about transporting these items to your residence.

3. Consider Pre-Owned Furniture

Sometimes, furniture stores will provide pre-owned furniture at a fraction of the cost of brand-new items. It often pays to check out pre-owned dining room sets, patio chairs and other furniture, as these items may help you furnish your house without breaking your budget.

It may be beneficial to search for furniture at yard sales too. These events may allow you to discover top-notch furniture at bargain-basement prices.

Furthermore, Craigslist and other online marketplaces can make it simple to assess myriad furniture options. And if you find furniture that you like, you can contact the seller and set up a date and time to evaluate it in-person.

Furniture shopping may prove to be time-consuming and costly, particularly for those who are already in the process of packing and moving to a new residence. Fortunately, if you collaborate with a real estate agent, you may be able to speed up the process of finding deluxe furniture.

A real estate agent will go above and beyond the call of duty to help you find a terrific residence. He or she also can help you negotiate with a seller, and in some instances, may be able to convince a seller to include his or her furniture in a home transaction.

Take the guesswork out of furnishing your house – use the aforementioned tips, and you can move one step closer to acquiring top-notch furniture that complements your personal style.




Categories: Uncategorized  


Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 10/26/2017

Are you planning on moving in the next 6-8 months? Don’t let your belongings take ownership of you. As consumers, we tend to accumulate a lot of “stuff” over the years. After spending 5, 10, or 20-plus years in one home, this can amount to more than some of us can handle. Do you have more than 4 sets of dishes? How about piles of toys & board games from when your kids were younger? And then there are those passed-down antiques that no one in the family seems to have use for, yet no one wants to throw away.

 

Rather than rush while packing and having to take the whole mess with you to your next home, consider starting the process early! You can categorize your belongings into the following groups:

 

  • Keep
  • Sell
  • Donate
  • Throw it away


It may be hard to discern which category an item goes in. This is why it’s a great idea to solicit help when you’re moving and downsizing your piles of stuff. An outsider can be a bit more objective to help you see what’s useful and what isn’t. 


The Keep Pile


The items you want to keep through your move are those that you use every single day. There’s no question in your mind that you’ll need these things at your next residence. Think of the items that are either irreplaceable or still in good working condition like bedding, the coffee pot, furniture, and personal items like books, DVDs, and electronics. 


Sell For Profit


If you have a question about any of the items that you’re going through, you may want to consider selling them. Is your sofa still in good condition, but won’t fit well into your new place? It’s time to get that piece of furniture to another good home and make a bit of cash while you’re at it. There are tons of websites, apps, and other resources that connect you with people who are looking for the items that you want to get rid of.


Donate


Some items may not be an easy sell. You may not even have the time to sell them. This is where donation centers allow you to do some good while you’re cleaning out your things. As you’re packing for the move go through things like clothes, books, DVDs, games, toys, and other knickknacks. Those figurines that have been sitting on the shelf may not be ideal for your new house. 

It’s also a good idea to keep the amount of space that you’re dealing with in mind. If you have less space, downsizing will be ever important. On the flip side, if you’re moving into a bigger house, you don’t necessarily need to fill it up!


Trash Pile


Unfortunately, we’ll always have a few things that need to be thrown out. Items that are ripped, stained, worn, broken, or plain useless must face the fate of the dumpster. 


No matter how you go about cleaning out your home before a move, you should know that it will feel amazing to have a lighter load to move as the clutter is cleaned out.             





Tags: moving tips   downsizing  
Categories: Uncategorized