Duarte/Downey Real Estate Agency, Inc



Posted by Duarte/Downey Real Estate Agency, Inc on 2/25/2018

In real estate, cash is power. Itís not exactly the amount of money that you have been approved for by a lender. This type of ďcashĒ is what you can pull directly from your account to buy a property on demand. It can be difficult to compete with cash buyers especially in tight real estate markets. Below, youíll find some tips to help you match up against any cash offers that you may be competing with when you buy a home. 


Make Your Offer Look Attractive As Possible


First, you should always have a pre-approval letter from your lender. This lets sellers know that youíre a qualified buyer. You should also get your lender or realtor (or both) to provide some financial information about you along with your offer. This helps to add to the case that youíre a dependable buyer.


Let Things Move Quickly 



If you allow your lender to send an appraiser to the property as quickly as possible, this will give you an advantage in the home buying process. You want to reduce the amount of time that it will take to close on the house. That means you should consider cutting down on both the appraisal and contingency time. You could even consider waiving any contingencies if you feel comfortable. 


To speed up the process, even more, you should pre-order an appraisal in advance. You can do this before your offer has even been written. It can be difficult to arrange this, especially with larger scale lenders, but itís always worth a try. Once the offer is written, the lender can relay to the seller that an appraisal has already been scheduled.


Youíll also want to get the inspection done fairly quickly. You only have a short window of time to get the inspection done. The quicker you get this done, the more serious of a buyer you appear to be. You should have the inspector who youíll use ready before you even put an offer in on a home in order to expedite this part of the process. Usually, inspectors donít take terribly long to schedule appointments knowing that their clients have short windows to get inspections done.  


Make A Strong Offer


Making a good offer could mean paying extra for a home you love in order to compete with cash offers. Spending more money helps to win. Hereís why: Sellers almost always will give a cash buyer a bit more of a discount since theyíll be getting all of the funds up front. If you love the house and plan to live in it for years to come, the extra money you spend will be well worth it.         


Write An Offer Letter


An offer letter adds a bit of a personal touch to the number you put down as a buyer. Here, you can tell the seller who you are and why you love the home. It can be emotional to sell a property, but a seller will feel more comfortable knowing that the home is going to someone who will appreciate it.

  






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Posted by Duarte/Downey Real Estate Agency, Inc on 2/18/2018

Radon has no smell, taste, or color. It is a transparent, radioactive gas. Radon is released when the uranium that is contained in the soil and rocks decays over time. The reason that radon is an issue in a home is because it is released through cracks or openings that exist in the foundation. If too much radon is present in the home, the radioactive particles can attach themselves to dust particles, causing people in the home to breathe the harmful substance in.  


What Is A Radon Test?


The radon test is conducted over the course of two days. A testing machine or canisters are placed on the lowest habitable level of a home being tested. This would be either on the first floor or in the finished basement level of the home. The cost of a radon test isnít very much, ranging anywhere from $65 to $125. The radon test is typically part of the home inspection, but sometimes other circumstances warrant a test or re-test. The canisters take a bit more time to produce results than the testing machines do, so confer with your inspector before the test is done.   


The Basics


One thing you should know is that radon is always present. The level of radon fluctuates constantly. The test is conducted over a two day period to get the average level of radon in the home. The Environmental Protection Agency considers levels of radon at or above 4 pCi/L to be unsafe. If this is found to be true, there is a solution, however, as systems that lessen the amount of radon in the home can be installed. These can come with a hefty price tag, costing anywhere from $1,000 and up.   


Radon Levels


Radon levels will vary on a daily basis. They can also vary by season, with weather conditions and with the amount of available ventilation. Structural changes that have been made to the home can also have an effect on the levels of radon in the home. If you are getting ready to sell your home and already have a radon mitigation system installed, you may want to test the levels before you even put your home on the market to know what youíre working with. The system may not be working properly, or the levels may have faced a sharp increase, making it hard for the removal system to keep up. 


 With the proper installation of a radon removal system, the air in your home will be safe to breathe. If you put an offer in on a home and the home inspection finds that there are unsafe levels of radon present, at least youíll know what youíre dealing with. If you decide that the home is not the place for you and your family, even with a removal system, youíll walk away from the deal informed. If youíre a seller, beware that the level of radon in your home could affect the sale. Although radon sounds like a scary thing, itís manageable. Radon tests and removal systems help to keep the levels safe.




Tags: radon   testing for radon  
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Posted by Duarte/Downey Real Estate Agency, Inc on 2/13/2018


23 Overlook Drive , Truro, MA 02666

Truro (village)

Single-Family

$889,000
Price

6
Total Rooms
4
Beds
2/1
Full/Half Baths
Water Views can be seen from this beautiful contemporary colonial. This nice 4 bedroom 3 bath home sits on 2.21 acres and is located on a private cul-de-sac. The large nicely designed kitchen opens to a big bright dining/living room area filled with sliders, windows and a stunning stone fireplace. The sliders open to an expansive deck to enjoy cookouts, relaxing etc. There are also 2 good sized bedrooms with sliders to a deck. Upstairs is a sizeable family room with wet bar, beautiful stone fireplace and sliders to another big deck for your enjoyment. Off the family room is a bedroom, half bath and the rest of the upstairs encompasses an exquisite master bedroom en suite with fireplace. Nice bathroom with jacuzzi tub, separate shower, changing area and closets. Good Rental history.
Open House
No scheduled Open Houses

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Tags: Real estate   Single-Family   02666   Truro  
Categories: Price Change  


Posted by Duarte/Downey Real Estate Agency, Inc on 2/11/2018

When you think of buying or selling a house, the first thing that comes to mind may not be the legal aspects associated with the process. You may want to reconsider this rather boring part of the process as an important one. Hiring a lawyer can help both buyers and sellers to get through many hurdles that buying a home can present. 


The Contracts


There will be many negotiations and a lot of back and forth throughout the process of buying a home. Everything thatís involved with buying a home needs a contract for it to be legally binding. A real estate attorney will negotiate on your behalf and be sure that the contracts adhere to all state and local laws. The lawyer will also help you to address issues that may affect the future of the property such as botched inspections, liens against the home, and other items that could affect you as the home buyer. 


Title Search


Real estate attorneys will perform what is called a title search. This allows them to see if there are any outstanding liens or judgements against the house. This title search will also make sure that the seller has the right to actually sell the property thatís being sold. An attorney can do all of this much quicker than the average person since they have working relationships with title companies.


Transfer Of Property


If a property is being transferred through a corporation, trust, or partnership, things can get complicated. Itís good to have an attorney who is used to working with these complex situations and understands the legal boundaries within the state or municipality   that the property is in.


If You Choose Not To Have A Real Estate Attorney


Many times, a real estate attorney isnít required to buy a property. It is advisable to have one, however. Without an attorney you increase your chances of problems arising in the future. You run the risk of:


  • Being sued for failure to disclose information
  • An improper property transaction takes place
  • You could miss relevant facts about the property
  • Failing to file the correct documents at both the state an local levels
  • Deeds are not transferred
  • Building permits werenít correctly filed


The Takeaway


Having a real estate lawyer on your side is important due to the complex nature of property transactions. While some states require that an attorney be present throughout your property transaction, many states do not have this stipulation. You are smart to hire a competent real estate attorney to protect your own interests as either a buyer or a seller.





Posted by Duarte/Downey Real Estate Agency, Inc on 2/4/2018

Thereís a lot of design trends that youíll want to keep up with as a homeowner. What are people doing to their backyards to make them more beautiful? What types of countertops are buyers looking for these days? Some trends are beneficial. However, thereís a lot of trends that can be detrimental to your home. You want your home to be an expression of who you are, however, there are some trends that just arenít attractive to buyers. 


Bright And Bold May Not Be Beautiful 


While that lime green room may look really attractive to you, it probably wonít look as good to anyone else. The best colors for paint inside of your home are the neutral colors. These include beiges, grays and soft whites. The most important thing is to keep your paint color consistent throughout your home. Not that you canít change shades from room to room, but donít make the paint change too drastic.  


No One Really Likes Shiny Things


As much as you may like shiny accessories throughout the home, itís not going to be everyoneís thing. Although people will be decorating your home on their terms once they buy it, itís important to note that busy isnít always better. People need to be able to see past how you have set up your home to see the potential it holds for them.  


An Open Floor Plan Thatís Too Open

You can take the idea of an open floor plan to an extreme. There are certain rooms in the home that just deserve privacy. The bathrooms and the bedrooms need walls surrounding them to give people the space and quiet that they need. If thereís no good way for you to fix this issue, you may want to find some room screens before your open house in order to keep buyers interested.  


Converted Rooms Squash Vision


If you have a third bedroom that you have converted into a home gym, thatís great for you. It may be hard for other people visiting the home to realize what the room could be used for. You may not have to move everything before an open house, but try to keep the room open for possibility.     


Carpeting Kills Buyerís Dreams


Thereís not many more terrifying things to buyers than walking into a home and seeing wall-to-wall carpeting. Their minds race, thinking of the possibilities of how to get beloved hardwood floors into the picture. If thereís floor under your carpet and you know you're going to sell soon, youíd be wise to tear up the carpet and polish up those floors. It will attract more buyers and sell faster because people will know they have that much less work to do once they move in. 


The Takeaway

 The important point here is that when youíre getting ready to show your home, youíll want to take your personality out of the picture. Buyers need to have space to get the vision to see how they can make your former home their own. Reversing a few of the personal upgrades that you have made to your home can help you to make it a more welcoming place for new owners to begin a journey.




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