Coldwell Banker Murray Real Estate



Posted by Coldwell Banker Murray Real Estate on 1/22/2019

With rent prices shooting soaring across the country, many young Americans who were previously happy renting while they saved for a home are now turning to other options.

One common solution is a starter home. If you want to keep your monthly mortgage prices low while being able to build equity and slowly save for your ďforever home.Ē a starter home can be a great option for first-time buyers.

When does it make sense to buy a starter home?

Buying a home means mortgage payments, home maintenance and repairs, and closing costs. However, they can also be a great introduction to the responsibilities of homeownership.

Better yet, starter homes allow you to build equity that can be used toward the down payment of your next home, something that first-time buyers often struggle with. This could help you secure a lower interest rate and avoid costly private mortgage insurance (PMI).

Sounds great, right? But when shouldnít you buy a starter home?

It might not make sense to buy a starter home if you donít plan on living in it at least 3-4 years. You might find that the cost of renting is less than that of your mortgage payments and closing costs if you donít live in the home long enough to reap the rewards.

It also might not be a good idea if your family is going to outgrow a small home in the next few years for the same reasons mentioned above. That makes it all the more important to discuss your long term plans with your spouse before considering a home.

Things to look for in a starter home

1. Resale value

One of the most important aspects of your starter home should be the ability to resell it in the future. Now, there is an endless number of factors that go into the marketability of a home. Key factors include the condition of the home and keeping it well-maintained, as well as the location of the home. Buying a starter home in an area that will attract young professionals down the road is typically a good investment.

2. Small size = low price

It probably goes without saying, but finding a home with a low price, at the expense of square-footage, is most often a smart choice when it comes to starter homes.

Small homes are cheaper to buy, cheaper to heat, and cheaper to maintain. However, since housing prices are trending upward, youíll likely still see a positive return on your investment in ~5 years time when youíre hoping to buy again.

3. Reasonable home improvements

If you can spare the time, buying a starter home that needs some work can be an excellent investment. It can be more difficult later on when you have a large family to care for and less time to focus on making improvements.




Tags: first home   starter home  
Categories: Uncategorized  


Posted by Coldwell Banker Murray Real Estate on 1/15/2019

If your decor is feeling blah and drab after updating to a new home and bringing all of your old furniture with you donít start hauling it to the dump just yet! You donít have to toss everything out and start over to get a fresh new look.

Instead, incorporating a new trend or two can instantly change the look and feel of any room.

Here are the current top trends according to Pinterest:

Spa bathroom - Creating a spa-like atmosphere is at the top of everyoneís wish list, or so it seems. Items like cedarwood bath ďmatsĒ, rebottling products into beautiful bottles, and hanging eucalyptus and lavender are being pinned like crazy. Classics like wicker baskets, rolling up towels for display and bathtub caddies are still making their rounds. These are a great way to mix timeless elements with trending ones for a bathroom look that transcends time or at least not for the next year or two.

Sage - The color sage has won its standing in the neutral category. Use this shade to add tints of color to an otherwise neutral to the point of a sterile room. Kitchen cabinets, bathroom walls, living room walls are all popular canvases for this popular shade. Keep the trend modern by pairing it up with light pinks, taupes, creams, and denim blues. If you arenít ready to commit to a paint color bring it in with accents via throw pillows, jars, and even the plant itself!

Big wall art - Big wall art is in and in a big way. Quickly replacing gallery walls canvases that stretch from floor to ceiling or a good  ? of the wall big art is taking over Pinnerís boards by storm. Abstract pieces primarily in black and white seem to be the most popular when placed against a wall painted with a pop of color. However, donít let this stop you from reach for a piece you love that is full of color! The key to this look is to avoid generic prints. If youíd like to make it personal blow up a more artistic shot from your wedding or have the kiddos make you a custom piece for a craft project.

Patterned plants - Greenery that comes in stripes, spots and varying shades are cropping up on Pinnerís boards everywhere. Plants bring life and freshness to a room so why not also make them pull their weight be adding visual interest to boot? Popular varieties are prayer plants, calathea, snake plants, philodendron, and pothos. Mix and match varieties to make a true statement.  

Colorful doors - Goodbye boring white doors! Colors like school bus yellow, blush pink, bright and cobalt blue are popping up on Pinterest boards everywhere. Go bold with yellow. Create a welcoming sanctuary with lavender. Create a home, sweet home with blush pink. And welcome guests with open arms with cobalt blue.




Categories: Uncategorized  


Posted by Coldwell Banker Murray Real Estate on 1/8/2019


166 Upper County Road , Dennis, MA 02639

Dennisport

Condo

$165,000
Price

5
Total Rooms
2
Beds
1
Baths
Year round, first floor two bedroom unit, easily accessed in back of parking lot, very close to door and parking spot, trash,and swimming pool ,and end unit. Storage room is directly under unit, private and locked. Downstairs laundry with many appliances for your convenience. Large open grass are outside your door.Newer Septic, heating, siding. Long term renters allowed. New hallway carpet and generator are being installed this year. The condo HOA fees include heat, hot water and basic cable. Unit is convenient to shopping, beach, town businesses, church and outdoor concerts and library functions.
Open House
No scheduled Open Houses

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Tags: Real-Estate   Dennis   02639   Condo  
Categories: Price Change  


Posted by Coldwell Banker Murray Real Estate on 1/8/2019

Home improvements are a vital part to keeping your home up-to-date with the times and also to ensure that it doesnít lose value when it comes time to sell.

To save money, many homeowners take the do-it-yourself route and use the tools at their disposal to upgrade their homes. Sites like YouTube have made it easier than ever to follow step-by-step tutorials that show you how to make substantial repairs and upgrades to your home without having to pay a professional.

The down side, however, is that when you choose to DIY, you take on the risk of going over budget by making mistakes. You also risk stretching out your project weeks or months longer than necessary due to a lack of time to work on it.

In todayís post, weíre going to talk about how you can stay on budget and on track to finish your home improvement project without bringing in the professionals.

Making a timeline

Letís start with the big picture for your home renovations. When deciding which improvements to make, itís important to know your limits in terms of the work you can do.

Set a reasonable number of hours you can work on your projects per week. Go easy on yourself. Most of us are already tired when we get home from work and probably wonít be able to start tackling big projects in the evenings. Rather, try to give yourself one weekend day to work on your projects and one weekend day to relax.

The most important aspect of creating your timeline is to try and keep your schedule open. So, write down the time you want to work on your home in your calendar, planner, or whichever app or tool you use to plan your time.

This will help you to avoid creating conflicting events and obligations, and help you stay on track to finishing your improvement projects.

If youíre looking for an evening activity related to your home improvement projects, itís a good idea to start watching some video tutorials of people doing the same renovations as you. This will help you avoid mistakes and look out for common obstacles that youíll face along the way.

Budgeting your improvement

Youíll want to save up for your project in advance, if possible, to avoid accumulating credit card debt. Your home improvement project should, in effect, gain you money by increasing the value of your home, not make you lose money on credit card interest payments.

Budgeting in itself is an art that few of us are taught in school. Fortunately, there are several free budgeting apps available. Or, you can simply draw one up yourself.

The key to creating a home improvement budget is to know how much of your monthly savings you can devote to this project without having to dip into other funds. To do this, youíll need a clear understanding of where your income goes.  

Once you have a budget and a timeline for your home improvement project, youíre ready to begin. Just make sure you check in on your timeline and your budget throughout the length of the project to make sure youíre meeting your goals and arenít overspending.




Categories: Uncategorized  


Posted by Coldwell Banker Murray Real Estate on 1/1/2019

If you find your dream house, there is no need to leave anything to chance. But if you submit a "lowball" homebuying proposal, you risk missing out on the opportunity to acquire your ideal residence.

Putting together a competitive offer to purchase can be easy. Now, let's take a look at three tips to help you craft an aggressive homebuying proposal.

1. Study the Housing Market

The housing market fluctuates constantly. If the real estate market favors buyers today, it may shift into sellers' favor tomorrow, or vice-versa. As such, you should study the housing market, determine whether it favors buyers or sellers and craft a homebuying proposal accordingly.

Oftentimes, it helps to look at the prices of recently sold houses in your area, as well as how long these homes were listed before they sold. With this housing market data in hand, you may be better equipped than ever before to differentiate a buyer's market from a seller's market. And as a result, you can boost the likelihood of submitting a competitive homebuying proposal.

2. Know Your Budget

If you know how much you can spend on a house, you can minimize the risk of submitting an offer to purchase that stretches beyond your financial limits.

To establish a homebuying budget, it generally is a good idea to get pre-approved for a mortgage. Banks and credit unions can teach you everything you need to know about different mortgage options and help you select the right mortgage. Plus, if you have any questions as you evaluate your mortgage options, banks and credit unions are happy to respond to your home financing queries.

3. Collaborate with a Real Estate Agent

If you hire a real estate agent, you can submit a competitive offer to purchase on any house. In fact, a real estate agent can offer in-depth housing market insights to help you put together an aggressive homebuying proposal that may receive an instant "Yes" from a seller.

A real estate agent is a homebuying expert who understands what it takes to purchase a home in any housing market. He or she first will meet with you, learn about you and your homebuying goals and create a personalized property buying strategy. Next, a real estate agent will help you pursue houses in your preferred cities and towns until you find one that matches your expectations. And after you discover your ideal residence, a real estate agent will make it simple for you to submit an offer to purchase that fulfills the needs of all parties involved.

Of course, if your offer to purchase your dream home is accepted, a real estate agent will guide you through the final steps of the homebuying process. Or, if your homebuying proposal is rejected, a real estate agent will help you reenter the housing market.

Avoid the danger of submitting a lowball offer to purchase your dream house Ė use the aforementioned tips, and you can craft a competitive homebuying proposal and move one step closer to acquiring your ideal home.







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