Christine Powers - Coldwell Banker Residential Brokerage - Cohasset



Posted by Christine Powers on 5/5/2020

There is a lot to think about when you know you’re ready to sell your home. The best approach is to take things step-by-step in order to get everything right. 


Make Necessary Repairs


Before you even decide to put a “for sale” sign out front, you’ll want to address the problems in your home that you know about. If the roof needs to be replaced, or you know you need a new refrigerator, you should tend to those things as soon as possible. While these items can be an expense for you, completing these things before the sale of the home will increase the value of the home and save you some aggravation when it comes time for the home inspection.


Don’t forget about the small details as you look at what needs to be done on your property. Does the doorbell ring? Are the lightbulbs all working? These small details are just as important as the big stuff.   


Find A Real Estate Agent


Finding a real estate agent isn’t a one-size-fits-all job. You want an agent who understands your needs and is an expert in your particular market. You can check with your family and friends to see if they have a particular agent who they recommend. Also, you might check out reviews online to help you discover an agent. Do you have a particular agency in mind? Give them a call and they can set you up with one of their agents. Many agents will be happy to provide a number of references of recent sales if you inquire. 


Find Out How Your Home Will Be Marketed


If your home won’t be on social media, there’s something wrong with the marketing plan. You’ll need lots of good photos and maybe even a video tour of your home. You should definitely be sure that your home is being marketed on YouTube, Facebook, and Instagram to name a few social networks. These networks even offer paid ads to help you reach the right buyers. Talk with your realtor to see what the plan for marketing your home sale is.


Prepare For Home Showings


While you still might need to live in your home while you’re selling it, you want the property to be presentable. Start at the curb of your home and work your way to the inside. The property should look presentable from the moment buyers pull up to the house. The lawn should be mowed, the landscaping should be trimmed, and the inside of the home should be thoroughly cleaned. This will seal the deal on the sale of your property after all of the other hard work has been done.   





Posted by Christine Powers on 7/30/2019

Potential home buyers should obtain a pre-qualification letter from their lenders to access a home loan. This letter communicates what the lender thinks about you being qualified for a mortgage up to a certain amount and is dependent on the data you gave about your assets, income, and expenses.

Pre-qualification is just the primary step, and it provides you with an idea of how much of a loan you will potentially qualify for. This process relies on consumer-submitted information.

Getting Pre-Qualified

Pre-qualification entails providing the lender with your overall financial picture, including your credit, debt, income, and assets. The lender evaluates everything and gives you an estimate of the amount you are expected to be able to borrow.

Pre-qualification can be conducted over the phone or via online, and there is no cost attached. It is usually a quick process, taking from one to three days to obtain a pre-qualification letter. Remember that loan pre-qualification does not include a review of your credit report or a detailed look at your ability to buy a home. Instead, it is only dependent on the data you provided to the lender. By extension, it doesn't mean much at all if you provide inaccurate information. 

The first step in the pre-qualification process allows you to talk with your lender about any needs or goals you might have regarding your mortgage. Then, your mortgage lender can tell your various mortgage options and discuss the type that might be the most suited for your needs.

Some brokers go the extra mile of requesting home buyers to have pre-qualification before working with them. The letter would signify that a lender has already started talking with the buyer. A properly-written pre-qualification letter clarifies that you are using a quality, legitimate lender who can be reached for verification and confirmation.

According to many real estate agents, in a highly competitive market, a pre-qualification letter might not be enough. This is a significant drawback in using and relying only on a pre-qualification letter for proof of ability to purchase a home. If you need to buy immediately or don't want to miss out on a great deal in a trending area, you may need to be pre-approved as well. Pre-approval is a more complicated process and can impact your credit score, so speak with your agent about which is the better option for your situation.





Posted by Christine Powers on 3/19/2019

The home buying process is a rather long nightmare that most home buyers run from, especially first-time home buyers. Alas, it is a task required at some point in life. Owning a home sits at the top of the to-do list of virtually every adult in the United States. It is a part of the American Dream.

As beautiful as it feels to have a home to call yours. The nightmare of scouting for your dream home and closing the deal tend to linger forever.

Although these foolproof tips won’t chase the stress out the door, they will go a long way to help alleviate the stress and frustration that come with purchasing your first home.

Always get a Pre-Approval before Visiting a Home.

Home sellers find the process just as daunting as homebuyers. Therefore, they try to save time by paying attention to buyers who appear to be serious about buying. Having a pre-approval sends the message that you are serious and can afford the home. It also helps your real estate agent to tailor his search based on your budget. Get your finance checked!

Hire an Agent to Handle the Bulk of the Job.

Embarking on this journey alone leaves you frustrated in no time. You can’t possibly drive all day searching for homes for sale. Get a pro to handle the job. They are better vast in the real estate industry as such knows where and how to look. Don’t cut corners here. Let a pro handle the buck of the job.

Have a Dream Home but be Flexible too.

Having a dream home is okay. You should have some features to look out for but remember to be flexible. You may not find all the elements of your dream home in the homes your budget can afford. And the same may hold true even when you choose to go a bit higher. You have to come to a compromise and accept a near-perfect home. Be flexible.

In addition, experts advise homebuyers to be flexible with their budgets. Instead of searching for months on end, you could consider giving your budget a little push. It will go a long way to speed up the process.

Broaden your Horizons.

Okay, in this case, it means increasing your search area. Your dream home may likely not be in your dream neighborhood. It happens. Finding a perfect home in a ‘perfect' neighborhood may take forever. A compromise is somewhat expected to speed up the process. You will come to like the community soon enough.

There is no denying that the home buying process can be pretty frustrating. But it doesn’t have to be. Get things going without a hassle with these foolproof tips.





Posted by Christine Powers on 8/28/2018

While they have become ubiquitous with the emergence of suburban neighborhoods and townhouses, homeowners associations (HOA, for short) are a relatively new phenomenon.

In modern America, there are many ways to live: apartments, condominiums, houses, townhouses, and now even “tiny houses” are gaining traction. But it wasn’t until the late 1900s that property owners began to experiment with alternative ways of living that revolved around share, “common spaces.”

What constitutes a common area?

Whether you live in an apartment, a house, or in your RV you likely experience common areas every day that are owned by the government. Roads, bridges, and parks are all common areas in that they are used by multiple people and their upkeep is paid for with taxes.

If you take that analogy and apply it to the greenways and lobbies of a condominium, or the streets and sidewalks of a gated community, there are few differences.

What is a homeowners association?

When a developer plans a new community they will often create a homeowners association that will be managed by the people who move into the houses or condominiums. Once a certain number of people have moved into the development and joined the HOA the developer will typically hand over ownership to the HOA and relinquish their legal rights and responsibilities of the land. From there, the HOA typically has complete control over management. Though it should be noted that states have their own HOA related laws with varying levels of oversight.

What does an HOA do?

The most common thing we associate with HOAs is fees and rules. People who move into a community governed by a homeowners association are typically required to join the HOA and are therefore obligated to pay fees and adhere to the guidelines set down by the HOA board.

The fees you pay will go towards maintenance and development of the common areas of your community. That usually amounts to landscaping, maintaining pools and fitness complexes. Fees can range from anywhere between $200 and $450 per month depending on where you live.

HOAs also enforce regulations that homeowners must follow. These vary depending on the community but often include building restrictions for things like fences and additions, as well as other ways that homeowners can customize their homes such as paint and vinyl color. Some homeowners associations go so far as to regulate whether or not a homeowner may fly the flag on their favorite sports team over their door.

Advantages and disadvantages

So what are the advantages and disadvantages you can expect when you belong to a homeowners association? Let’s start with the clear disadvantages. If you are a tinkerer or someone who relishes the freedom to do what they want with their property, living in an HOA-run community might not be right for you. If your salary isn’t quite what you’d like it to be, the cost of living in an HOA neighborhood, along with the monthly fees, might be a bit more than you’re comfortable with.

What about the advantages? First, you can expect that the neighborhood will be well-maintained. This brings about another advantage in that you can expect your property value to grow or at least remain stable thanks to the quality of the neighborhood being carefully managed.





Posted by Christine Powers on 1/16/2018

Want to boost your home's value? Completing home improvement projects enables you to do just that, as you can perform these tasks regularly to maximize the value of your residence. So which home improvement projects should you prioritize? Here's a closer look at three important home improvement tasks that every home seller should consider: 1. Painting the walls. Picking up a can of paint and various paint supplies ensures you can revitalize the walls in any room of your home instantly. Over an extended period of time, the paint on your home's walls may start to chip or peel. However, adding a fresh coat or paint (or two) to your residence's walls serves as an inexpensive way to transform bland, unattractive walls into visually appealing ones. Devoting even a few hours to paint the walls of your home can help you boost your home's value. And ultimately, your new paint job may allow you to receive multiple offers at or above your asking price, too. 2. Installing a water filtration system. Does your kitchen have a water filtration system? If not, you could be missing out on a golden opportunity to increase your residence's value. A water filtration system offers multiple benefits, as it ensures a homebuyer won't necessarily have to worry about buying bottled water if he or she purchases your residence. Plus, this system is one of many features that may help differentiate your home from others in a highly competitive real estate market, thus making your residence that much more appealing to homebuyers. Installing a water filtration usually is fast and easy as well. Furthermore, you won't have to worry about breaking your home improvement budget to complete this project. 3. Cleaning up the front lawn. High grass and weeds will damage your home's curb appeal and may significantly reduce your chances of a quick sale. On the other hand, spending some time mowing the lawn, raking leaves and performing other essential front lawn care tasks can deliver long-lasting benefits. A clean front lawn likely is one of the first things a homebuyer will notice about your home. And home sellers who are committed to maintaining a pristine front lawn can improve their home's value and their chances of a quick sale. Also, maintaining your front lawn can be easy if you spend even an hour per day performing yard work. Or for those who want to avoid lawn work altogether, professional landscapers typically are available that can keep your front lawn in great shape until your home sells. As a home seller, you'll want to take the necessary steps to up your home's value before you add your home to the real estate market. And with any of the aforementioned home improvement projects, you'll be better equipped to boost the value of your home quickly and efficiently. Stay focused on increasing your home's value consistently and keeping your residence in excellent shape. By doing so, you'll be able to keep your eyes on the prize – maximizing your home's value and selling your residence to the highest bidder.







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