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Posted by New Age Real Estate on 8/16/2019

If you are mulling over purchasing a vacation home, then you must go over a few considerations before you make the final decision. If done for the right reasons, it can end up being a great piece of investment, as you can save hotel and lodging costs when you visit and then rent it out during off seasons.

  1. Location. Location is essential because you can't just up and move at will, so consider the area of the property you are contemplating purchasing thoroughly. Will the site accessible and attractive to future guests? Is it located in a place that is prone to natural disasters like hurricanes and storms?
  2. Calculate the associated costs. Many other costs come along with purchasing a piece of property such as utilities, maintenance, homeowner association costs, property taxes, and insurance fees. You want to factor all this and determine that they are well within your budget. If you plan on using rental income to cover some of these costs, then you have to be practical about what rental income typically is in that area.
  3. Maintenance Issues. If you are buying that vacation property as an investment, then you have to make arrangements for who is going to manage it in your absence. Things like security and surveillance are critical. The speed at which you repair a bad pipe or faulty wiring may be the final defense between your house going up in flames or flooding. If you aren't around for long periods, plan to hire a facility manager who can supervise affairs.
  4. Finances. Run a money check with your financial adviser. Get someone to look at other tax issues such as buying out of state property. You might find that property taxes on that new place may not be deductible. Are you going to be able to meet up with your other long term financial commitments?
  5. Local laws. It's always necessary to run checks on local laws and regulations about homes in the place you choose. Make sure you hire a local property professional too as they are likely to be more thorough. Are you going to be allowed to rent it out, and are there regulations on the number of days it can be rented out?

Whatever you do, make sure you cover all your bases and consult with our realtor before you sign the final contract.




Categories: Uncategorized  


Posted by New Age Real Estate on 8/12/2019

This Condo in North Andover, MA recently sold for $242,000. This Townhouse style home was sold by - New Age Real Estate.


5 Village Green, North Andover, MA 01845

Condo

$239,000
Price
$242,000
Sale Price

6
Rooms
2
Beds
1
Baths
Move right in to this well maintained and nicely updated 3 level townhome at sought after Village Green! Located in the very desirable Franklin school district! This pet friendly, owner occupied only development is well managed with condo fees that include heat, hot water, gas, pool, snow removal and landscaping. The main level offers a very comfy living room with updated wood floors, updated windows, updated laminate flooring, lots of natural sunlight and a neutral palette. Additionally the dine in kitchen is charming with plenty of space for a table and storage with access to back. Lower level den, family room and separate in unit private laundry and storage room ! Here you have easy parking, a convenient location near all 3 schools, restaurants, shopping, commuter routes and the train as well as the Farmer's market. This is a must see now type of condo with an open house event on Sunday 11 - 1. Property is vacant, extremely clean from top to bottom and ready for you to make it yours






Tags: Real Estate   Condo   North Andover   01845  
Categories: Sold Homes  


Posted by New Age Real Estate on 8/9/2019

If you discover a house that you want to buy, it generally is a good idea to submit a competitive offer. That way, you can move one step closer to acquiring your ideal residence.

However, the hours after you submit a home offer can be stressful, particularly for a buyer who fails to plan accordingly. Lucky for you, we're here to help you stay calm, cool and collected as you wait to receive a seller's response to your offer.

Let's take a look at three tips to help you get ready to handle a seller's response to your homebuying proposal.

1. Plan for the Worst-Case Scenario

Even the worst-case scenario is not the end of the world for a buyer who is awaiting a seller's response to a home offer. In fact, if a seller rejects your proposal, you can always reenter the housing market and continue your pursuit of your dream home.

As you await a seller's response to your home offer, you should not stop searching for available houses. Because if you continue your home search, you'll have no trouble moving forward in the homebuying journey if a seller rejects your home offer.

2. Consider All of Your Options

If you submit a home offer and a seller says "Yes," what should you do next? Consider how you'll proceed if a seller accepts your proposal, and you'll be better equipped than ever before to enjoy a seamless homebuying experience.

On the other hand, it helps to prepare for a potential counter-offer from a home seller as well. If you are open to negotiating with a seller, you may be able to find common ground with him or her and finalize a home purchase.

3. Consult with a Real Estate Agent

A real estate agent knows all about the stress that is commonly associated with submitting a homebuying proposal. He or she can help you minimize this stress and ensure you can achieve the best-possible results throughout the homebuying journey.

Typically, a real estate agent will work with you to submit a homebuying proposal. This housing market professional then will keep you up to date as you await a seller's response to your offer. And if you have any concerns or questions during this time, a real estate agent is happy to respond to them.

A real estate agent will make it simple to streamline the homebuying journey too. For instance, if a home seller accepts your offer, a real estate agent will be ready to help you move forward with a property inspection and appraisal. Conversely, if a home seller rejects your proposal, a real estate agent will be prepared to work with you to help you discover another house that matches or exceeds your expectations.

The waiting period after you submit an offer on a house may prove to be a challenging time. Fortunately, if you plan ahead for this period, you can maintain your confidence and continue to move forward in the homebuying journey.




Categories: Uncategorized  


Posted by New Age Real Estate on 8/2/2019

When it comes to interior decorating, there are many great ideas out there for you to try out at home. With some simple and affordable plans, you can give your home an instant refresh. Try out the following home decor ideas for your home: 

Wallpaper

If you have a work-space and you own some floating shelves, you can easily give this area a breath of fresh air just by installing wallpaper. Cover the shelves with colorful wallpaper and your work-space will look brand new.

Potted plants

Place little pots of houseplants, herbs, and even grass to make your window areas more attractive. This simple idea needs some small pots and basic plants that you may already have in your garden. Just review at what you already own and adapt your plans from there. 

Home-made Shelves

How about creating shelves where you can display some of your favorite things? You can stack a few sturdy wooden boxes to get instant shelves. You can purchase these plain crates and stack them up wherever you need them. 

Framed artworks

Another idea is to use the sheltered enclosure of the shelves as a backdrop to small works of art. Frame little postcards or small reproductions in inexpensive frames and place them on your shelves. Interesting scenes will surprise your guests and serve as conversation starters.

Glass mirrors

How about dressing up your coffee tables? Placing a glass mirror on the surface of the tabletop creates a dazzling effect. It hides any imperfections of the tabletop, like gouges or scratches, and reflects light which will give your living room an upscale look. 

DIY picture frames

Did you know that those colorful little-dried seeds can look good on your photo frames? Get some dried seeds and glue them tightly together onto wooden frames. Random frames look like they belong in a designer set with these seeds around them.

More frame ideas

Speaking of walls and frames, consider another way to make your decorative works of art. Use this simple technique for your home: Cut out some snowflakes or whatever lacy design you fancy from colored paper, then glue this design into a neat arrangement onto a contrasting colored paper. Frame it for an instant work of art. 

Decorating your home and giving it a new look is simple and enjoyable to do. Try out some of the above home decoration ideas, and you will soon find your creativity soar.




Categories: Uncategorized  


Posted by New Age Real Estate on 7/26/2019

A home showing is a valuable opportunity for a buyer, as it enables him or her to walk through a residence and find out what a house is all about. At the same time, a single home showing may be insufficient.

Ultimately, there are many reasons why you may want to schedule a follow-up house showing, and these include:

1. You can get responses to any unanswered home questions.

A second home showing gives you the chance to gain additional insights into a residence. Thus, if you failed to get answers to certain home questions during an initial showing, you may want to schedule a follow-up showing.

Of course, it often helps to craft a list of questions prior to a showing. This list will help you learn about all aspects of a residence.

2. You can analyze any potential problem areas in-detail.

If you want to get a close look at various home issues, you may want to schedule a second showing. That way, you can assess these problems in-detail and determine your next step in the homebuying journey.

Sometimes, it helps to bring a home improvement professional with you during a house showing. If you have a friend or family member who is a home improvement expert, for example, you may want to bring him or her along for a follow-up property showing. This home improvement expert then can provide comprehensive insights into the condition of the house.

3. You can determine if a house matches your expectations.

If you are still on the fence about a home following an initial showing, it never hurts to take a second look at this house in-person. Because if you attend a second home showing and find a house matches your expectations, you then can submit an offer to purchase this residence. On the other hand, if you discover a home is not a great fit for you during a second property showing, you can continue your search for your dream residence.

As you navigate the homebuying journey, it generally is a good idea to hire a real estate agent, too. This housing market professional will go above and beyond the call of duty to help you find a terrific residence that you can enjoy for years to come.

Typically, a real estate agent will teach you about the homebuying journey and offer tips to help you prepare for property showings. He or she also will attend a home showing with you and respond to your concerns and questions. Plus, if you want to schedule a follow-up home showing or submit an offer to purchase a residence, a real estate agent is happy to help.

When it comes to navigating the homebuying journey, it usually is beneficial to err on the side of caution. Therefore, if you strive to learn as much as possible about a home after an initial showing, you should schedule a follow-up showing. By doing so, you can perform a full home analysis and determine if a house is right for you.




Categories: Uncategorized