Posted by Mary-Lou McDonough on 5/29/2017

After you accept an offer on your house, what happens next? Ultimately, there are several steps that will need to be completed to finalize a home sale, including:

1. Completing a Home Inspection

A home inspection may be completed only a few days after you accept a homebuyer's offer. This evaluation enables a homebuyer to conduct a thorough examination of all aspects of your home, and if necessary, rescind or renegotiate a proposal.

For home sellers, it is paramount to maintain a direct, upfront approach with homebuyers. If you are honest with homebuyers from the get-go, you may be able to avoid problems when it comes time to complete a home inspection.

With an experienced real estate agent at your disposal, you should have no trouble establishing realistic expectations for your home. Plus, your real estate agent will offer recommendations for home repairs and upgrades, ensuring that you can complete the necessary home improvement tasks before you add your residence to the real estate market.

2. Performing Home Repairs and Upgrades

If a homebuyer discovers major problems with your house during a home inspection, he or she may request home repairs or upgrades. In this scenario, you may be required to perform various home improvement tasks to finalize an agreement.

Home improvement tasks can be expensive and time-consuming, but they sometimes are necessary to ensure that you can reach the finish line of the home selling process. If you ever have concerns or questions about home repairs and upgrades, your real estate agent should be able to respond to your queries at any time.

Furthermore, if you feel like a homebuyer's home repair and upgrade requests are unwarranted, you can always decline these requests. If you choose this option, however, the homebuyer could rescind his or her offer on your home, and you may need to restart the home selling process from stage one.

On the other hand, you can always try to negotiate with a homebuyer. For example, if you offer to lower the price of your house after an inspection, you may be able to speed up the home selling cycle and avoid making a significant time investment to perform property repairs and upgrades.

3. Packing Up Your Belongings

After a homebuyer finishes an inspection and agrees to purchase your home in its current condition, you'll be able to set up a closing date. You'll also need to consider where you'll go next and plan accordingly.

Packing up your belongings is essential, and you may want to put various items in storage if you plan to live in temporary housing in the foreseeable future. In addition, you'll want to set up plans to get all of your belongings out of your residence before the closing date to ensure that the homebuyer can move into the house on schedule.

Selling a home may seem tricky, especially for those who are uncertain about how to navigate the home selling process. Luckily, your real estate agent is happy to support you in any way possible. As a result, you can work with your real estate agent and guarantee that the home selling process is completed quickly and effortlessly.




Categories: Uncategorized  


Posted by Mary-Lou McDonough on 5/22/2017

Preparations that you take to get your house up to code standards, improve its functionality, cleanliness and appearance could yield a successful home sell. Give yourself enough time to complete the preparations identified below. It could shorten the time that it takes you to sell your current house.

  • Clean up. Toss out unnecessary items, old furniture, accessories, old clothes and gadgets that are only taking up space. If you havenít used a product in two years or more, you probably donít need it.
  • Perform necessary repairs, such as sealing cracks, replacing bubbled floor tiles and repairing leaking pipes. Be honest and repair areas of your home that potential buyers may not spot or focus on. This includes insulation, wiring and roofing issues. Treat potential buyers to the same respect and care that you want when you start shopping for your next home.
  • Paint. Apply neutral colors to your walls. Loud colors might highlight your personality. But, they could also turn away buyers.
  • Get your house inspected. Ensure that you have made all necessary repairs and that your house meets local coding standards. Use the fact that your house has been inspected and meets code standards as a marketing tool.
  • Find a licensed and experienced real estate agent to partner with. The more the real estate agent knows the area where you live, the better. That expanded knowledge will help the realtor to alert potential buyers, particularly people who are venturing into a new area for the first time, to dining, entertainment, academic, historic and other highlights in or near where you live. Partnering with a real estate agent who has an active license gives you the confidence that youíre working with a realtor who is current on regulations impacting the industry.
  • Save time and commissions fees by working with the same real estate agent who sells your house to find your next home. Avoid taking on two mortgages.
  • Research the market. Talk with friends and colleagues and, of course, leverage your realtorís knowledge to set a price on the house that youíre selling. You want the price to be competitive for buyers yet profitable for you.
  • Advertise your home online and offline. Ask your realtor to tell you good places to advertise that your house is for sale. Itís an interactive world. Take advantage of this and create a walk-through video of your house. Donít forget to show pictures and videos of the outside of your home as well.
  • Stage your home similar to how apartments stage their model units.
Practice patience. As tempting as it is to accept the first offer, you may be able to get a better deal. Stick as close as you can to the price that you set for your house early in the home selling process. Also, make sure that the amount you sell your house for covers any outstanding debts that you owe your mortgage lender. Repairs and upgrades that you make to your house could position you to recoup enough from the sale of your house to cover closing costs and a portion of the down payment on your next home.





Posted by Mary-Lou McDonough on 5/18/2017


99 Franklin Street, Watertown, MA 02472

Single-Family

$725,000
Price

7
Rooms
3
Beds
2
Baths
Charming Victorian has been beautifully renovated and maintained. Enjoy original wood floors, crown molding, "Jack and Jill" staircase, stained glass, and a beautiful well designed kitchen with quartz counters, stainless steel appliances, exposed brick, and ample cabinetry. Gorgeous, private fenced yard with flowering trees and bushes, raised flower and vegetable gardens, and a bluestone patio to enjoy throughout the seasons with family and friends. Numerous renovations and upgrades have been thoughtfully completed by the current owner including newer roof, furnace, replacement windows and more! Absolutely nothing to do except move in, unpack, and begin your next chapter in this one-of-a-kind property.
Open House
Saturday
May 20 at 1:00 PM to 3:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 99 Franklin Street, Watertown, MA 02472    Get Directions

Similar Properties





Categories: Open House  


Posted by Mary-Lou McDonough on 5/18/2017


99 Franklin Street, Watertown, MA 02472

Single-Family

$725,000
Price

7
Rooms
3
Beds
2
Baths
Charming Victorian has been beautifully renovated and maintained. Enjoy original wood floors, crown molding, "Jack and Jill" staircase, stained glass, and a beautiful well designed kitchen with quartz counters, stainless steel appliances, exposed brick, and ample cabinetry. Gorgeous, private fenced yard with flowering trees and bushes, raised flower and vegetable gardens, and a bluestone patio to enjoy throughout the seasons with family and friends. Numerous renovations and upgrades have been thoughtfully completed by the current owner including newer roof, furnace, replacement windows and more! Absolutely nothing to do except move in, unpack, and begin your next chapter in this one-of-a-kind property.
Open House
Saturday
May 20 at 1:00 PM to 3:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 99 Franklin Street, Watertown, MA 02472    Get Directions

Similar Properties





Categories: Open House  


Posted by Mary-Lou McDonough on 5/18/2017

Charming Victorian has been beautifully renovated and maintained. Enjoy original wood floors, crown molding, ďJack and JillĒ staircase, stained glass, and a beautiful well designed kitchen with quartz counters, stainless steel appliances, exposed brick, and ample cabinetry. Gorgeous, private fenced yard with flowering trees and bushes, raised flower and vegetable gardens, and a bluestone patio to enjoy throughout the seasons with family and friends. Numerous renovations and upgrades have been thoughtfully completed by the current owner including newer roof, furnace, replacement windows and more! Absolutely nothing to do except move in, unpack, and begin your next chapter in this one-of-a-kind property.

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