Classic Properties REALTORS ®



Posted by Classic Properties REALTORS ® on 2/2/2020

Image by Free-Photos from Pixabay

If you've recently made the decision to put your home on the market in the near future, you're probably already aware that the Millennial generation has a reputation for being a bit different from their counterparts of the past. For instance, you may have heard that this generation is putting off home ownership longer than any of their predecessors and that they've got quirky requirements such as walkable urban locations. Although you can't help where your home is situated, there are other things you can do to make your home more attractive to Millennials. Here's what you can do:

Create a Low Maintenance Yard

Although many Millennials have discovered the joy of gardening, their efforts are going more to growing at least some of their own food rather than maintaining a fussy ornamental landscape. Vast lawns don't appeal to them, and neither do high-maintenance trees and shrubbery. Consider replacing much of your lawn with a low-maintenance rock garden and eliminating any feature that requires significant time and attention.

Create an Appealing Online Presence

Millennial Buyers are far more likely to decide to view specific properties as the result of gaining a favorable impression of them online than seeing them listed in a newspaper or in a real estate agent's brochure. You'll need professional quality photographs to show off your home in its best light online, but don't stop there -- Millennials want to see videos as well. 

Create a Home Office 

A designated home office is another feature that won't fail to appeal to Millennial buyers. Many of them spend at least part of their time working from home, so if you don't already have a designated home office, consider converting one of the bedrooms to one. Choose a room with plenty of natural lighting if possible. 

Create Energy Efficiency

Eco-conscious Millennials appreciate energy efficiency because it's compatible with their principles, but because their idealism is tempered with a pragmatic side, they also appreciate the cost-savings involved with energy efficient features. Consider having solar panels, on-demand hot water heaters, or other green features installed. 

Create a Smart Home

As the first generation completely raised in the digital age, many Millennials consider smart home technology to be more of a necessity than a luxury. Temperature modulation, security, and lighting are three of the most common in-home smart technologies, but they can also be used to water the lawn and garden area, activate laundry machines, and put cleaning robots to work. 

It's also a good idea to be prepared to speak at some length with Millennials come to see your home about the quality and availability of WiFi service. Remembering that their generation may have different needs and preferences than you will help ensure smooth sailing after you put your home on the market. 




Categories: Selling  


Posted by Classic Properties REALTORS ® on 1/26/2020


 Photo by Prawny via Pixabay

Circa 1965, having beautiful wood paneling was the envy of the neighborhood. It was like bringing the outdoors in. But 50-60 years later, it usually just makes a room seem dark and dated unless you live in a log cabin. In most cases, you can remove the paneling and paint the drywall underneath. Here's what you'll do.

What you'll need

  • Primer
  • Brushes
  • Paint rollers 
  • Painter's tape
  • Plastic floor protection
  • Paint pan
  • Putty knife
  • Spackling paste for nail holes
  • Safety goggles
  • Screwdriver
  • Flashlight
  • Pry bar
  • Hand sander

Step one: make sure there's drywall under there

Some home builders simply hung the panels directly onto the studs. Others hung drywall first. Then they nailed the paneling over it. Before you begin this project, you need to know what you have. 

*Pro tip* Find out if you have drywall by removing the outlet and light switch covers. Then peer into the wall with your flashlight. You should be able to see the rough edges of drywall in there. If not, don't proceed unless you also want to hang the drywall. It's not that hard. But it's a two-person, multiple weekend job for the average DIYer. We want you to know what you're getting into. If this is more than you feel comfortable with, contact a professional.

Step two: remove the paneling

Put on your safety goggles. Insulation, nails or a piece of wood could go flying during this job.

Next, use a pry bar to remove any molding or trim, carefully if you plan to reuse it. Now, you'll see the edges of the panel. Pry it off panel by panel. It will be nailed into the studs, so you'll need to put some upper body strength into it. Break boards to get it off the wall. But try to keep the drywall underneath as undamaged as possible.

Step three: repair the drywall

You'll definitely have nail holes to fill after removing the paneling. You may also have small gouges. They are easy to fix. And you'll need to do that to have a smooth painting surface.

Apply spackle to the holes with your putty knife. Then allow them to dry before sanding the surface smooth. You may need a second coat. But know it doesn't have to be perfect. That's what primer is for.

Step four: prime the wall

Primer helps fill small imperfections and smooth the painting surface in preparation for painting the wall. Lay down your plastic and apply painter's tape where needed. Then roll your wall with primer. Use the paintbrush to get corners and crevices that a roller won't reach. 

*Pro tip* If you take a break, put the end of your roller and paintbrush in a large freezer bag and seal it as well with tape or a rubber band. If the primer or paint dries on the brush, you may have to replace it. That's an extra expense you can avoid.

Let the primer dry on the wall. Then use your flashlight to see if there are any thin spots. Apply more, as needed.

And you're all ready to choose your paint color. Goodbye, paneling. Hello, 21st Century. For more home projects to update and improve your home, follow our blog.

 

 

 




Categories: DIY  


Posted by Classic Properties REALTORS ® on 1/19/2020

This Single-Family in Bellingham, MA recently sold for $312,500. This Split Entry style home was sold by - Classic Properties REALTORS ®.


12 Candace Drive, Bellingham, MA 02019

Single-Family

$315,000
Price
$312,500
Sale Price

6
Rooms
3
Beds
1
Baths
Appealing first time buyer home or for downsizing interest - convenient location to library, shopping, schools & major highway routes to MA or RI. Fireplaced living room, hardwood floors, new porch 2019, new heating system installed March 2019, new water heater June 2019, recently installed ( 5 yr old) metal roof with ice-melt capacity & 50 yr. warranty! Kitchen w/ granite countertop, freshly painted interior, 1 car garage, spacious back yard. Certificate of compliance for Title V. Sellers ready to move, will entertain serious consideration of reasonable offers. Come " buy" ASAP ! , Showing appointments are easy to make !

Similar Properties





Categories: Sold Homes  


Posted by Classic Properties REALTORS ® on 1/19/2020

If you're getting ready to put your house on the market, your mind is probably flooded with dozens of unanswerable questions. Much of your uncertainty may revolve around the marketability of your home and how quickly a qualified buyer will come along.

Although there are factors over which you have little control, there are several things you can do to tip the scales in your direction.

Other than sprucing up your home and yard to maximize their visual appeal, choosing a top-notch real estate agent is the single most important step you can take. It's not only crucial to select an agent who is both experienced and proactive, but you'll also want to find a professional with whom you have a good rapport. You can usually get a pretty good idea of their experience and sales history from online profiles, but the only way to know whether they're a good fit for your needs and personality is by meeting with them face to face.

If you have the time and inclination, it can also be to your advantage to interview more than one candidate. The agent you ultimately choose will have a direct bearing on virtually all aspects of the sales process. By choosing a professional who is dedicated, knowledgeable, and easy to work with, you'll be taking a big step toward getting your house sold within the shortest period of time. A good agent will keep you motivated, informed, and focused on keeping your home in marketable condition. They'll also help you with everything from pricing and negotiating to problem solving and setting up appointments.

There are several other things you can do to increase the chances of attracting potential buyers and offers. Creating as much curb appeal as possible can go a long way toward making a great first impression. The concept of curb appeal can encompass many different elements, but the battle is half won when your lawn, bushes, and trees are kept neatly trimmed at all times. Weather permitting, displaying colorful potted flowers and hanging baskets is another way to add a lot of eye appeal to your home. Simple improvements like painting your front steps, sealcoating your driveway, or touching up the paint on window shutters or porch railings can also help enhance your home's curb appeal.

Although interior painting can be time-consuming and a bit messy, it's often one of the most cost-effective ways to make a positive impression on potential buyers. If your walls are looking scuffed, faded, or otherwise neglected, a fresh coat of neutral, beige, or grey paint can often make a huge difference in the eye-appeal of your home. Making sure your carpets are clean, counter tops are immaculate, and your windows are crystal clear are other ways to put your best foot forward when house hunters are scheduled to visit your home.





Posted by Classic Properties REALTORS ® on 1/12/2020

If you’re hoping to buy a house in the near future, you’ll want to focus on saving for a down payment.

Down payments are a way to let a lender know that you are a low-risk investment, and a way to save money on interest over the term of your loan.

If you have your other finances in order--a good credit score and stable income--there’s a good chance that making a 20% or more down payment will land you a low interest rate that can save you thousands while you pay off your loan.

How large should my down payment be?

The larger the down payment you can afford, the more money you’ll likely save in the long run. While there are ways to get a loan with no or very small down payments, these aren’t always ideal.

First, if you put less than 20% down on your home loan, you’ll be required to pay private mortgage insurance, or PMI. These are monthly payments that you make in addition to the interest that is accrued on your loan.

So, if you don’t put any money down on your home, you’ll accrue more interest over your term length and you’ll pay PMI on top of that.

What affects your minimum down payment amount?

Lenders take a number of factors into consideration when determining your risk. If you’re eligible for a first-time home owners loan, a veteran’s loan, or a USDA loan, your loan can be guaranteed by the government. This means you can likely pay a lower down payment while still receiving a reasonable interest rate.

When applying for a mortgage, be sure to reach out to multiple lenders and shop around for the rates that work for you. Many lenders use slightly different criteria to determine your eligibility to pay a lower down payment.

Other things that affect your minimum down payment include:

  • Credit score

  • Location of the home you want to buy

  • Value of the mortgage

Saving for a down payment

You’ll get the most value out of your mortgage if you put more money down. However, if you’re currently living in a high-rent area, it could mean that it’s in your best interest to get out of your apartment and start building equity in the form of homeownership.

If you want to buy a home within the next year or two, there are a few ways you can help increase your savings.

First, determine how much you need to save. Depending on your housing needs and the current market, everyone will have different requirements. Do some home shopping in your area online and look for homes that are within your spending limits. Remember that you shouldn’t spend more than 30% of your monthly income on housing (mortgage, property taxes, etc.)

Next, find out what a 20% down payment on that home would be, adjusting for inflation.

Once you have the amount you need to save, remember to leave yourself enough of an emergency fund in your savings account to last you a month or two.




Tags: mortgage   down payment  
Categories: Mortgage   down payment