Posted by Sharon Lanen Coskren on 5/18/2018

Although your condo has served you well for many years, now may be a great time to look to move out of your condo and into a new home.

Ultimately, there are many reasons why you might want to sell your condo, including:

1. Your condo is too small.

Your condo was large and spacious when you initially moved into it a few years ago. However, as you have accumulated items and your family has grown, your condo now lacks the space you need.

If you find that your condo is too small for your family, there's no need to worry. In many instances, a condo offers a great starter home, and it is common for people to look to upgrade from a condo to a house.

Lucky for you, interest in condos is rampant across the United States. This means you should have no trouble stirring up interest in your condo if you ever decide to sell it.

2. You want to capitalize on a seller's market.

The housing market fluctuates constantly. As such, when a seller's market arrives, it may prove to be the best possible time to maximize the value of your condo.

In a seller's market, there is a shortage of quality properties available and an abundance of homebuyers who are searching for their dream residences. Meanwhile, if you own a top-notch condo, you may be able to add it to the real estate market and receive a hefty sum for your property.

To learn more about how a seller's market works, consult with a real estate agent. This real estate professional will be able to educate you about the ins and outs of a seller's market. And if you decide to list your condo, your real estate agent will be able to help you price it competitively from the get-go.

3. You want greater flexibility to complete home improvement projects.

Let's face it – your homeowners association (HOA) does an excellent job to maintain your home's exterior, but it would be great to have the flexibility to complete a home exterior project without the HOA's approval.

Condo living involves trade-offs. Typically, condo owners will pay HOA fees that guarantee walkways are shoveled in winter, lawns are cut in spring and summer and other day-to-day home maintenance tasks are performed regularly. On the other hand, if you want to repaint your home's exterior, you'll likely need the HOA's approval to do so. And if you decide to add a fresh coat of paint to your home's exterior on your own, you will probably receive HOA fines and penalties.

As a homeowner, you'll never have to worry about asking an HOA's permission to update your house's exterior. Instead, you can paint your home any color you'd like, plant a garden in your front yard, install a swimming pool in your backyard and much more any time you choose.

Ready to add your condo to the real estate market? Employ a real estate agent, and you can boost your chances of optimizing the value of your condo.




Tags: Condo   condo fees   condo rules  
Categories: Uncategorized  


Posted by Sharon Lanen Coskren on 5/11/2018

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 – use the aforementioned tips, and you can craft a competitive homebuying proposal and move one step closer to acquiring your ideal home.





Posted by Sharon Lanen Coskren on 5/9/2018


231 Chestnut St, North Andover, MA 01845

Old Center

Single-Family

$970,000
Price

12
Rooms
5
Beds
3/1
Full/Half Baths
Tucked back on a sprawling lawn, welcome the warm summer days ahead with outdoor dining and relaxing on the expansive cedar deck with pergola. You can just picture barbecues and ballgames on this lovely flat lot. The grand foyer welcomes you to this delightful home. Three season full length sunroom is surrounded by windows and offers great space for catching the cool cross breezes. Oversized light filled living room with soaring ceilings opens to dining room and is great for entertaining.The kitchen boasts a Garland commercial 6 burner stove with double ovens and brand new quartz counters. Bring the outdoors inside in the delightful atrium off of the kitchen which offers a sunlit nook to read a good book. Cozy wood burning fireplaced family room is the heart of the home with new hardwood floors. Multiple options for bedrooms on the first or second floor plus a third floor teen/aupair suite. An easy walk to Olde Center, playground, Stevens Coolidge and schools plus easy highway access.
Open House
Saturday
May 12 at 12:00 PM to 1:30 PM
Cannot make the Open Houses?
Location: 231 Chestnut St, North Andover, MA 01845    Get Directions

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Categories: Open House  


Posted by Sharon Lanen Coskren on 5/5/2018

Tucked back on a sprawling lawn, welcome the warm summer days ahead with outdoor dining and relaxing on the expansive cedar deck with pergola. You can just picture barbecues and ballgames on this lovely flat lot. The grand foyer welcomes you to this delightful home. Three season full length sunroom is surrounded by windows and offers great space for catching the cool cross breezes. Oversized light filled living room with soaring ceilings opens to dining room and is great for entertaining.The kitchen boasts a Garland commercial 6 burner stove with double ovens and brand new quartz counters. Bring the outdoors inside in the delightful atrium off of the kitchen which offers a sunlit nook to read a good book. Cozy wood burning fireplaced family room is the heart of the home with new hardwood floors. Multiple options for bedrooms on the first or second floor plus a third floor teen/aupair suite. An easy walk to Olde Center, playground, Stevens Coolidge and schools plus easy highway access.

More Info on this Property | New Listing Alerts





Posted by Sharon Lanen Coskren on 5/4/2018

Keeping your house cool during the summer months is easy--just blast the air conditioner until autumn, right? Well, for most of us the steep increase in our summer electric bills make us hesitant to keep the air conditioner on more than necessary.

There are techniques and habits, however, that will help you keep your house cool without sweating your electric bill.

In this article, we’re going to break down several ways to lower the temperature in your house. Some will save you money immediately, others are long term solutions that will keep your bill low years down the road.

Investing for the future

Oftentimes, the best solutions are the ones that address the root causes. If your house receives a lot of sunlight, there are a few projects you can undertake now that will save you money for years to come.

First, making sure your home is air tight and well insulated will help you keep the cool air in and the warm air out. Insulation and weatherstripping are easy to neglect, since they’re mostly out of sight and mind. However, the work they do and the pennies they’ll save you in heating and AC will add up over the years.

Next, if you do use an air conditioner, make sure it’s energy efficient. Many people use years-old air conditioners that waste a lot of electricity. Determine if your unit should be replaced or maintenanced--spending some money on your air conditioner now will save you in the long run.

Other, lesser-known, methods of cooling your home involve altering the exterior of your home. You can do this by planting trees in strategic areas to give shade to your home. Or, you can paint your home a brighter color and use reflective roof paint that will reduce the amount of light absorbed on sunny days. This is also true for driveways, where dark colored asphalt will absorb more heat than bright colored concrete.

Simple cooling tips

If you’d rather make short-term changes to your house to lower the temperature now, we have several pieces of advice:

  • Open your blinds and windows at night, when the outdoor temperature drops below the indoor temperature, and then close them in the morning before you leave for work.

  • Limit daytime appliance use. Your laundry machine, dishwasher, and oven all give off a lot of heat that can make your house hotter than need be. Wait until the sun goes down and until you can open the windows in your kitchen and laundry room before starting your chores. Cooking outside and having cold prepared meals is a good way to limit oven use in the summer months.

  • Change or clean your air conditioner filters. Old and dirty filters make your until work harder than it needs to.

  • Try the ice and fan trick. Put a large bowl of ice in front of your fan to chill and moisten the air it gives off. This is especially nice if you don’t like the dry, sterile feeling of air-conditioned rooms.

  • Keep the lights off and use high efficiency bulbs, such as LEDs.

  • Create a draft by opening a downstairs window slightly on one side of the house and opening fully an upstairs window on the other side of the house.

  • Make sure your ceiling fan is blowing down, or counter-clockwise.

  • Use awnings to let light into your home while avoiding direct sunlight from heating up the house.




Tags: summer   air conditioner   hot   AC  
Categories: Uncategorized