Tony Nakhle
RE/MAX Landmark, Realtors | 781-589-5622 | tnakhle@landmarkweb.com


Posted by Tony Nakhle on 10/14/2018

For home sellers, you'll want to spend some time organizing your residence's garage. By doing so, you can show homebuyers just how much space your garage has to offer. Plus, you might even be able to eliminate clutter and get rid of unwanted items before you move.

What does it take to transform an ordinary garage into an exceptional one? Here are three garage organization tips that every home seller needs to know.

1. Use All of the Space at Your Disposal.

Although your garage may seem small at first, it is important to keep in mind that you can use assorted shelving and storage units to optimize the amount of space at your disposal.

Try to use as much vertical space as you can to store items in your garage. For instance, you can hang brooms, mops and rakes on your garage walls, and this may allow you to free up horizontal space for other garage items. In addition, you can set up cabinets to store various tools in your garage.

Ideally, you'll want to maintain sufficient space to fit your car in your garage. And if you focus on maximizing the horizontal and vertical space that is available, you should have no trouble parking your car in your garage any time you choose.

2. Separate Your Must-Have Items from the Clutter.

Clutter is an eyesore, and as such, you'll want to do everything possible to eliminate it from your garage immediately.

Dedicate the necessary time and resources to go through all of the belongings in your garage. This will enable you to separate must-have items from garage clutter.

If you find an excess amount of garage clutter, you have a few options as well. You can throw away items, donate them to charity or sell them during a garage sale. Regardless of which options you choose, you'll be able to eliminate clutter and improve your garage's appearance at the same time.

3. Label Your Belongings.

Now that you know which items you're going to keep, you should label and store them accordingly.

Typically, sorting items into groups is a good idea, particularly when it comes to organizing your garage. This will help you stay organized as well as save time when you need to find garage items in the future.

If you're struggling to organize your garage, you may want to consider professional assistance. Lucky for you, cleaning companies are available that can help you revamp your garage and ensure it looks clean and neat for an extended period of time.

Furthermore, your real estate agent may be able to help you enhance your garage's appearance. He or she will be able to offer garage organization and cleaning recommendations, guaranteeing you can take the right steps to improve your garage.

When it comes to organizing your home's garage, there is no need to leave anything to chance. Instead, use the aforementioned tips, and you can organize your garage items and bolster your garage's appearance.




Categories: Uncategorized  


Posted by Tony Nakhle on 10/7/2018

Many sellers rely on agents to help them to deal with the task of selling their home. If youíre looking to buy or sell a home, a real estate agent isnít required. There are many advantages and disadvantages to selling your home as a ďFor Sale By OwnerĒ (FSBO). Read on to discover the good and bad of selling your home on your own. 


The Pros


Avoid Paying Commission


Real estate commission is the main reason that many sellers choose to go it alone. Youíll pay about 6% commission on the sale of your home between buyers and sellers agents. When figuring out the asking price for your property, this number that youíll pay for a commission is included. This sale price also should be enough to pay off the remaining balance on the property. If you donít have a lot of equity in your home, an FSBO may be your only option if you canít afford the commission. Another option is to wait to sell your home until you have built up enough equity for the transaction to make sense for you. 


You Can Find Other Resources To Help You Sell The Property


There are so many resources available to FSBOs in todayís market. Yards signs arenít the only thing that sellers can use to get people interested in their property. Many websites and resources assist people taking the FSBO approach. You still may not be able to get your property listed everywhere if youíre not a real estate agent. 


Cons


You Wonít Be Able To List The Property Fully


Only licensed real estate agents have access to the MLS, where buyers' agents and other websites pull available properties.  Not having access to this can be a deterrent to the marketing of your home. You could miss out on getting many home showings that you otherwise would if your house was listed on the MLS. 


Thereís No One To Help You With Paperwork And Negotiations


Real estate agents certainly earn their commission. There is a lot of work in both selling and buying a home. If you hire an agent, heíll be taking phone calls, sending off forms, and dealing with the negotiations on the property. An agent will also coordinate home showings and have the ability to show your property when youíre unavailable. If you go it alone, you wonít have that assistance and may be a bit overwhelmed during the selling process.


A real estate agent also understands the lingo better than someone who has been outside of the business. There are many advantages to paying his fee if you decide to hire him for the sale of your home.           






Posted by Tony Nakhle on 9/30/2018

If you receive an offer to purchase from a property buyer and decide to submit a counter-offer, it is important to err on the side of caution. Because if your counter-proposal fails to meet a buyer's expectations, you risk missing out on the opportunity to sell your house and maximize your home sale earnings.

When it comes to reviewing an offer to purchase and submitting a counter-proposal, it helps to prepare as much as possible. Fortunately, we're here to help you perform a full analysis of a homebuying proposal and ensure that you can submit a counter-offer that matches the expectations of both you and a buyer.

Now, let's take a look at three tips to help you put together a "fair" counter-proposal to a buyer's offer to purchase your home.

1. Use Housing Market Data to Your Advantage

Take a look at local housing market data Ė you'll be glad you did. If you take a data-driven approach to craft a counter-offer, you may be better equipped than ever before to put together a counter-proposal that meets the needs of all parties involved in a property sale.

Analyze the prices of recently sold houses in your city or town that are similar to your own. Furthermore, find out how long these residences were available before they sold. With this housing market data in hand, you should have no trouble crafting a fair counter-proposal.

2. Consider the Buyer's Perspective

As you examine a buyer's initial offer to purchase, think about why this individual chose to submit the proposal. Try not to get emotional if you feel the offer is too low; instead, think about how you can work with a buyer to find common ground.

Oftentimes, it helps to maintain open communication with a buyer. If you put together an counter-proposal that accounts for the buyer's perspective and keep in touch with this individual, you and a buyer may be able to work together to come to a fair agreement.

3. Consult with a Real Estate Agent

If you are unsure about what to propose as part of a counter-offer, there is no need to stress. In fact, if you collaborate with a real estate agent, you can get the assistance you need to craft a counter-proposal that may lead to an instant "Yes" from a buyer.

Usually, a real estate agent will inform you about an offer to purchase your home and provide recommendations and suggestions as you craft a counter-proposal. He or she also will negotiate with a buyer's agent on your behalf. And if you ever have concerns or questions during the property selling journey, a real estate agent is happy to address them.

Allocate time and resources as you craft a counter-offer. If you consider the current state of the real estate market and the buyer's perspective, you could increase your chances of putting together a counter-proposal to close a deal on your home. Perhaps best of all, you can submit a counter-offer that allows both you and a buyer to achieve your respective goals faster than ever before.




Categories: Uncategorized  


Posted by Tony Nakhle on 9/23/2018

Is it better to rent or buy? There is no simple answer to the question, yet itís something we all ask ourselves at some point in our adult lives.

When you ask yourself this question, youíre not just determining whether itís more affordable to buy or rent. Rather, youíre answering questions about what your life will look like in the coming years--in terms of both lifestyle and location.

In this article, weíre going to talk about the issue of buying vs renting. Weíll talk about ways you can educate yourself to make the most informed decision possible. After all, whether youíre buying a home or signing a lease, this is a decision that will affect a large amount of your time and dictate at least the next year of your life.

Outside influences

Before you start thinking about mortgages and leases, itís a good idea to get an idea of the market. Specifically, youíll want to look at the cost of living for the area you plan on moving to. It may seem like common sense that the cost of apartments and houses will rise and fall at the same rate, but evidence points to the contrary.

Elements that are out of your control could be things like:

  • Property tax amounts

  • Inflation and cost of living changes (gas, utilities, etc.)

  • Stock market variations, which affect your investments

  • Real estate market changes

  • Income changes (job change or loss)

As you can see already, these outside influences have the potential to make a huge impact on whether it makes more sense to rent or buy.

Letís say you decided to rent a home and put the money you would have used for a down payment into an investment fund. You have a good year and earn 5% on your investments. At the same time, the price of homes as gone down significantly in the area you hope to move.

As you can see, in this scenario it would probably make sense to pay rent for a year before buying a home.

Out-of-pocket expenses and equity

One of the biggest advantages of owning a home is that by definition, if you are making sufficient and timely mortgage payments, you are earning equity. Equity can be used later to make a down payment on a larger home, or for selling to use toward retirement funds later in life.

On the other hand, renting is an out-of-pocket cost that comes at a loss. Once you pay rent, there is no getting it back to use later on.

It may seem like buying is the obvious solution, then. However, there are also many out-of-pocket costs for owning a home. Property taxes, insurance, and interest paid to your lender are all things that you canít recuperate.

Finding out whether itís cheaper to buy or rent will come down to balancing those factors, and weighing them against the odds of the real estate market.





Posted by Tony Nakhle on 9/16/2018

Home insurance can be one of the more significant expenses when youíre a homeowner. You may feel that youíll be stuck in the same monthly premium month after month, but thereís plenty of ways that you can save on your home insurance by making a few cuts here and there. 


Get A Higher Deductible


Just like any kind of insurance, the higher that your deductible is, the lower your premiums. The main problem with this is that when you need to make a smaller claim, the insurance may not cover any of the cost. Compare the risk of paying for expenses out of pocket to the benefits of a lower insurance premium. 


Get An Alarm System


Having an alarm system can help you to save money on your home insurance. The types of alarm systems that are directly connected to police departments or a central monitoring place will save you more money. Youíll need proof of this in order to get a discount. 

Other alarm systems like CO2 detectors and smoke alarms are generally required by law in a home, but check with your insurance company. You could save a little extra for your efforts to protect your family and home. 


Use One Insurance Company For Everything


Most insurance companies offer more than one type of insurance. This means that they love customers who use their policies to cover everything. Bundling your home, auto and life insurance with one company can help to save you some cash.


Own Your Home


Yes, paying your mortgage off completely sounds like a feat. Once the mortgage is paid off, however, youíll have lower insurance premiums. This is for the simple reason that insurance companies feel that once you own the home, youíll be more mindful of taking care of it. 


Think Before You Build


Building an addition on a home or putting in a swimming pool may sound like a great idea at first. Youíll need to think of how these construction projects will affect your premiums. A swimming pool raises your liability risk. Wood structures are considered highly flammable and cost more to insure. Many things that you put in your home can drive up the cost of your policy.  


Review Your Policy Often


You always have the right to do some comparison shopping once you get an insurance quote from one company. The place you work for may even offer some sort of group rate for insurance. Associations that you belong to may also be able to help save you some money. Do a little ground work and you may be able to save big just by comparing policies and levels of coverage.                  


Assess Your Valuables


The whole point of insurance is for you to be able to replace your valuables if damaged or stolen. If items in your home have changed, you may want to reassess the contents of your home and just how much coverage you need. If you have less to replace, youíll save on your insurance premiums because the value of your policy will go down.







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