Marilyn Ellis, CBR, CHMS, LMS, HAFA
RE/MAX Leading Edge | 781-944-6060 | marilynellis@remax.net


Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 11/23/2017

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 Marilyn Ellis, CBR, CHMS, LMS, HAFA on 11/17/2017

This Single-Family in Lawrence, MA recently sold for $289,500. This Cape style home was sold by Marilyn Ellis, CBR, CHMS, LMS, HAFA - RE/MAX Leading Edge.


9 Fordham Rd, Lawrence, MA 01841

Single-Family

$289,500
Price
$289,500
Sale Price

8
Rooms
3
Beds
2
Baths
Charming Cape with finished basement in a great neighborhood. This home has been extensively renovated with all new furnace/boiler, appliances, flooring in kitchen & bath, new bath vanity/top, refinished and stained hardwood floors. This home has been freshly painted throughout.

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Categories: Sold Homes  


Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 11/17/2017

This Condo in Lawrence, MA recently sold for $220,000. This Townhouse,Half-Duplex style home was sold by Marilyn Ellis, CBR, CHMS, LMS, HAFA - RE/MAX Leading Edge.


31 Stevens Avenue, Lawrence, MA 01843

South Lawrence

Condo

$198,885
Price
$220,000
Sale Price

4
Rooms
2
Beds
1/1
Full/Half Baths
Townhouse style living at its best! This condo is tailored for a "down sizer" or first time home buyer desiring a well maintained and updated property. The home features maintenance free vinyl siding and a shed along with a paved driveway for ample parking. Spend wonderful afternoons or evenings on the rear patio with just enough privacy. The kitchen and dining area has touches of color, lots of granite countertops and a wall of cabinets making it easy to host family gatherings. The large living room with hardwood floors will accommodate many furniture configurations. The size of the master bedroom showcases a four-poster bed, chaise lounge and spacious double closets as pictured making the room feel fresh and modern. The guest bedroom easily accommodates visitors or used as an office or even a nursery. The nicely finished basement as shown offers a real bonus to enjoy even more space as a great get-away, family or media room.

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Tags: Real estate   Condo   Lawrence   01843  
Categories: Sold Homes  


Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 11/16/2017

Ready to acquire your dream home? Although you might have already located your ideal residence, you may need to negotiate with a home seller. By doing so, both you and a home seller will be satisfied with the final results of a property transaction.

However, a homebuying negotiation sometimes can be tricky. And if you fail to keep your cool throughout a negotiation, you may miss out on the opportunity to purchase your dream residence.

What does it take to remain calm during a homebuying negotiation? Here are three tips to help you do just that.

1. Take Your Emotions Out of the Equation

Don't take it personally if a home seller wants to negotiate. Instead, view it as an opportunity to ensure all parties involved in a home sale get the best results possible.

In many instances, it's easy for homebuyers to let their emotions get the best of them. But if you feel overwhelmed by stress and frustration, it is essential to take a step back and assess the situation. That way, you can avoid making any rash decisions that could put your chance to purchase a top-notch house in danger.

Try to maintain a positive outlook throughout a homebuying negotiation. Also, don't hesitate to reach out to family members and friends for support, as these loved ones likely can help you analyze any homebuying hurdles and find ways to overcome them.

2. Know Your Options

You may invest many hours in a homebuying negotiation, and you might even make various concessions along the way. But despite your best efforts, there are no guarantees that your homebuying negotiation will be successful.

For homebuyers, it is important to remember that there are plenty of houses available in cities and towns nationwide. Therefore, if a homebuying negotiation goes sour, you can walk away and start a new search for a terrific home.

3. Consult with Your Real Estate Agent

When it comes to negotiating a home purchase, a real estate agent can make it easy to streamline the process of acquiring your dream residence. This housing market professional can serve as a liaison between you and a home seller. As such, he or she will do everything possible to deliver exceptional results for all parties involved in a homebuying negotiation.

Your real estate agent can take the guesswork out of a homebuying negotiation. This real estate expert can respond to any concerns or questions you may have throughout a negotiation. In addition, he or she will provide honest, unbiased recommendations to help you make informed homebuying decisions.

Perhaps best of all, your real estate agent can help you alleviate stress during a homebuying negotiation. He or she will provide you with world-class guidance, enabling you to stay calm, cool and collected as you search for your ideal residence.

Don't let your emotions overwhelm you during a homebuying negotiation. Conversely, use the aforementioned tips, and you can maintain your composure throughout a homebuying negotiation and boost your chances to acquire a first-rate house.





Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 11/14/2017

This Multi-Family in Methuen, MA recently sold for $280,000. This style home was sold by Marilyn Ellis, CBR, CHMS, LMS, HAFA - RE/MAX Leading Edge.


11 Oakland Ave, Methuen, MA 01844

Multi-Family

$269,000
Price
$280,000
Sale Price

2
Units
1,722
Approx. GLA
This two family home is the right place for an owner occupied or investor to start as a home owner. With some TLC this conveniently located home could be a smart investment at an affordable price. The extra rooms and enclosed porches offer additional family space. The perfect sized backyard is big enough for cookouts and small enough to easily maintain. How nice would it be minutes from 93, 495, and 213 for a hobbyist to have a two car garage with all that extra storage at your finger tips. Invest, occupy, rent, or use as a single family. The possibilities are endless.

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Categories: Sold Homes