William Raveis Real Estate and Home Services



Posted by Deborah Schilling on 10/19/2017

Buy a house before you're ready and you could get stuck with a mortgage that chips away at your savings. The fact is that unless you're a professional house flipper, it could take you weeks, perhaps months, to sell your house.

Knowing whether you're ready to buy a home or not is a major life decision. The effects of your decision could last years. Do yourself a favor and think about the below readiness signs before you sign a mortgage.

It's important to buy a house at the right time

The average American mortgage exceeds $170,000. That's a lot of debt to take on if you're not ready. Assess your finances before you look for a house. Add up your food,clothing, entertainment, student loans, travel and credit card expenses. Also,add in how much the house you would like to live in cost, including mortgage interest payments.

Because you'll be paying on your mortgage for years, wait until you've been at your job for longer than a year to buy a house. That doesn't guarantee job security, but it can give you time to gain visibility and a strong, positive reputation where you work. Make sure that you have a dependable income before you take on a mortgage.

Give yourself time to improve your credit score. A good credit score can get you lower fixed mortgage interest rates. Avoid getting pulled into low adjustable rate mortgages, as the amount of interest that you pay on these mortgages may rise over time, making it harder for you to meet your mortgage obligations.

Think about house repairs that you may need to make. Buy a brand new house and five or more years could pass before a pipe, wire or floor needs repair. Buy an older house and you could start repairing leaks, floors and window panes a year or less after you move in. If you know how to lay floor tiles, repair holes in walls and unclog pipes, you might be more ready to take on a mortgage than you think.

Your personality and personal tastes play a role

Consider where you're moving to. If you're a leader, you might be able to form community groups and improve an entire neighborhood that had been struggling with safety and beautification issues. Your personality plays a role in how satisfying you will find home ownership. After all, regardless of where you move, you're going to have to interact and relate with others.

Regarding relationships and personality, ask yourself if you're more comfortable living in a single home or an apartment. For example, if your adult children recently left home, you might adjust to the change better if you rent a townhouse or an apartment for one to two years before you buy a house.

Take the stress out of buying a home. Wait to start house shopping until your personal,work and financial situations permit. It's also good to wait to co-sign a mortgage with a partner until after you have been in the relationship for awhile. But, this doesn't mean that you have to rent an apartment. Until you're ready, as a safeguard, you could purchase a home under a rent-to-own agreement.




Categories: Uncategorized  


Posted by Deborah Schilling on 10/18/2017

This Single-Family in Mashpee, MA recently sold for $245,000. This Ranch style home was sold by Deborah Schilling - William Raveis Real Estate and Home Services.


43 Cappawack, Mashpee, MA 02536

Single-Family

$249,900
Price
$245,000
Sale Price

5
Rooms
3
Beds
1/1
Full/Half Baths
Quintessential Cape Cod John's Pond lakeside neighborhood home. Boasting 3 BDRMS & 1.5 BTHRMS. The full bath has beautiful Jacuzzi tub, with a rain shower head in the center for duel purposes. There's also another half bath off the hallway for guests. The entire interior and exterior was totally redone in 2005 including heating, electrical, central A/C unit, windows, doors, siding and refinishing of the hardwood floors. Great central location to all Cape Cod and Mashpee has to offer.

Similar Properties





Categories: Sold Homes  


Posted by Deborah Schilling on 10/18/2017

This Single-Family in Mashpee, MA recently sold for $245,000. This Ranch style home was sold by Deborah Schilling - William Raveis Real Estate and Home Services.


43 Cappawack Road , Mashpee, MA 02649

Mashpee (village)

Single-Family

$249,900
Price
$245,000
Sale Price

5
Total Rooms
3
Beds
1/1
Full/Half Baths
Quintessential Cape Cod John's Pond lakeside neighborhood home. Boasting 3 BDRMS & 1.5 BTHRMS. The full bath has beautiful Jacuzzi tub, with a rain shower head in the center for duel purposes. There's also another half bath off the hallway for guests. The entire interior and exterior was totally redone in 2005 including heating, electrical, central A/C unit, windows, doors, siding and refinishing of the hardwood floors. Great central location to all Cape Cod and Mashpee has to offer.

Similar Properties





Categories: Sold Homes  


Posted by Deborah Schilling on 10/18/2017

This Single-Family in Barnstable, MA recently sold for $475,000. This Farm House style home was sold by Deborah Schilling - William Raveis Real Estate and Home Services.


329 South Main Street , Barnstable, MA 02632

Centerville

Single-Family

$489,900
Price
$475,000
Sale Price

10
Total Rooms
4
Beds
2
Baths
A most unique property in the heart of Centerville-mere steps to village, short walk to Craigville Beach yet secluded from view. This antique was substantially renovated in 2010 after a fire-many upgraded systems and much more. With the charm of an older home with its fieldstone fireplace, old wood floors, the warmth and character and functionality will amaze the buyer. 4 BR, 2 baths, a new kitchen wing & BR above(after fire), 2 separate newer HVAC systems to heat & cool house, all new Andersen windows, new electrical. Now for the fun part: there is a meandering brook, a lovely yard with trees and grass and gardens, 2 outdoor 'sheds'-one built into hillside. PLEASE-don't drive in unaccompanied-occupied-appt. only. Buyers to verify measurementsand information if relying on for purchase.

Similar Properties





Categories: Sold Homes  


Posted by Deborah Schilling on 10/12/2017

Purchasing a house can be tricky, particularly for those who are dealing with a high-pressure negotiation. Luckily, we're here to help you get the best results from any homebuying negotiation, at any time.

Now, let's take a three must-haves for those who are getting ready to negotiate a home purchase.

1. Housing Market Data

An informed homebuyer is a smart shopper. As such, this individual will obtain a large assortment of housing market data that he or she can use to make the best buying decision.

For homebuyers, it is important to understand how one house stacks up against comparable residences in any real estate market. That way, a homebuyer can submit a competitive offer that is based on pertinent housing market data.

Examine the prices of recently sold houses similar to the one that you'd like to buy. Also, check out the prices of comparable houses that are currently available. And with this housing market data at your disposal, you can boost your chances of getting the optimal price for your dream residence.

2. Self-Confidence

Let's face it a homebuying negotiation is stressful, regardless of whether you're a first-time homebuyer or have purchased many residences over the years. But if you remain confident throughout a negotiation, you can take a calm, cool and collected approach, even when times get tough.

A confident homebuyer will have no trouble standing his or her ground during a negotiation. And if this individual is uncomfortable with a home seller's counter-proposal, he or she will be willing to walk away and restart a home search.

Furthermore, a confident homebuyer will remain open to new ideas and consider the home seller's perspective. This will enable a homebuyer to examine both sides of a negotiation and proceed accordingly.

3. An Experienced Real Estate Agent

When it comes to negotiating a home purchase, there is no need to handle a negotiation on your own. Fortunately, an experienced real estate agent is happy to offer guidance at each stage of a homebuying negotiation.

An experienced real estate agent understands what it takes to purchase a great home at an affordable price. As a result, he or she will go above and beyond the call of duty to negotiate with a home seller on your behalf.

Typically, an experienced real estate agent will act as a liaison between a homebuyer and home seller. This housing market professional will keep you up to date about whether a home seller accepts or rejects your proposal to purchase a home. He or she also will provide recommendations and suggestions to help you transform a stressful negotiation into a successful one.

Perhaps best of all, an experienced real estate agent is ready to respond to your homebuying concerns and questions. He or she will provide you with the support you need to ensure you can make informed decisions throughout a homebuying negotiation.

Get ready for a homebuying negotiation consider the aforementioned factors, and you can move one step closer to finalizing a home purchase.







Deborah Schilling
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