Duarte/Downey Real Estate Agency, Inc



Posted by Duarte/Downey Real Estate Agency, Inc on 11/26/2017

The process of buying a home is anything but cut and dry. There will undoubtedly be some twists and turns along the way. First, you need to be pre-approved for a mortgage. Then, youíll need to find a home that fits both your needs and your budget. Finally, youíll put in an offer on a place and hope for the best throughout the rest of the process.


There are plenty of things that you can do as a buyer to make buying a home both easier and more streamlined. Below, youíll find some of the best tips that are specifically for those seeking to buy a home. 


Give Them An Offer They Canít Refuse


When there is a low quantity of homes and a high number of buyers, competition can get fierce. When the market is like this, youíre not guaranteed to get a property that you put an offer on. It may take making several offers on homes in order for you to finally get the keys to your dream house. 


You never want your offer to be too low. A low offer could be insulting to sellers and instead of being countered, could just be outright refused. Make an offer too high and you still have a problem. A high offer may be accepted, however, itís not going to be approved by your mortgage company for you to borrow that much for the purchase. If an offer is accepted and a home appraises for less, you may be left with thousands of dollars that you need to pay on the spot in order to secure the home. 


The best way to present an attractive offer is to work with an expert realtor who can do the appropriate research and let you know what a good offer on the home would be.           


Know Your Contingencies


After an offer on a home has been accepted, you need to get to work on the contingencies that youíre going to want on the home. Your realtor will also be a huge advocate in this area. Contingencies will include things like the right to do a home inspection, the appraisal contingency, and the contingency that youíll only be able to move forward with buying the home if you have appropriate financing. These protect you as a buyer so that if something falls through, youíll be able to back out of the deal without a penalty.


Donít Go Credit Happy


Once your offer is accepted and your financing is in place, donít head out to buy tons of new furniture and appliances for your new home. Your credit matters until you get the keys to the house. Opening new credit cards or adding significant debt can affect your credit score negatively, possibly putting a damper on your home purchase. Hold off on making purchases until after you move into the house.    





Tags: Buying a home  
Categories: Uncategorized  


Posted by Duarte/Downey Real Estate Agency, Inc on 11/19/2017

You have finally found what you believe to be the perfect home. Then, something rings off in your gut. Maybe it was poor communication with the seller. Maybe a big change happened in your own life in a short period of time. All you know is that you really want to back out of the deal. You might have a lot of questions. Is this possible? Are there consequences? 


The short answers to these questions are yes, and yes. There is a possibility that you could be sued by your backing out of a deal. Itís rare that buyers are actually mandated to buy a home that they donít actually want to buy. Sellers will, however, be able to keep any money that has already been paid as a deposit after a certain point in the dealings on a home sale. Sellers may also be awarded damages in some cases. 


Legally Backing Out Of The Contract


There are a few circumstances where buyers may have a legitimate right to back out of a contract on a home. If certain contingencies werenít met, as a buyer, youíre free and clear to walk away. These circumstances include:


  • Financing falls through
  • You couldnít sell your former home
  • Flaws in the home have not been disclosed
  • Property boundary line issues exist
  • Liens are against a homeís title
  • The seller does not meet the terms for improvement
  • Undisclosed uses exist for the land such as a pathway


If none of these reasons apply to you and you still have reservations about buying the home, you may need to sacrifice a huge chunk of money. The way that you exit the deal will all depend upon the contracts that were signed previously.


Other Buyers Are Waiting For The Home


If you are in a tight market and decide to back out of buying a home, you could be in luck. Often, if thereís a backup offer, itís enough to satisfy a seller that at least the home will be sold promptly. However, donít hold you breath when it comes to getting your deposits back. If you have already ďpromisedĒ to buy a home, you can kiss the deposit goodbye, unfortunately. 


Always Hire A Real Estate Attorney


Whether your state requires it or not, you should always hire a real estate attorney. These professionals can help you to read each and every line of the contracts that youíre signing when buying a home. They will make suggestions as to how you can protect yourself through the process along the way. Itís a good investment to hire a lawyer when youíre buying a home.





Posted by Duarte/Downey Real Estate Agency, Inc on 11/12/2017

A yard sale offers a valuable opportunity to get rid of items before you sell your house. As such, it is important to promote your yard sale effectively; otherwise, you may miss out on a chance to declutter and earn extra cash at the same time.

Ultimately, there are many quick, easy ways to stir up interest in your yard sale, such as:

1. Post flyers in your city or town

Old-fashioned flyers can help you promote your yard sale to large groups of people in your city or town. That way, you can create a buzz around your event and increase the likelihood of selling your stuff.

If you use flyers to promote your yard sale, be sure to include essential information like the location, date and time of your event. Also, using bright, vibrant paper and colorful markers may help your flyers stand out.

Ensure that all of your yard sale flyers are legible, accurate and easy to understand. This will help minimize the risk of miscommunication with potential event attendees.

Of course, it never hurts to ask business owners for permission to post flyers at local companies, either. The more flyers that you post, the more likely it becomes that your yard sale will be a resounding success.

2. Create an online posting

An online posting makes it simple for you to provide details about your yard sale to large groups of people.

Putting an online posting on Craigslist or local community websites may prove to be worthwhile. And in some instances, you may even be able to include photos of items that you plan to sell at your yard sale.

In addition, invite friends on Facebook and other social networks to attend your upcoming yard sale. By doing so, you can boost your chances of stirring up substantial interest in the days leading up to your event.

3. Select the right date and time

Oftentimes, Saturdays and Sundays are the best days to host a yard sale, and for good reason. Many people don't have to work on weekends, and as a result, may have free time to attend your yard sale.

After you know which day of the week that you want to host your yard sale, consider the date and time of your event closely.

Take a look at the holiday calendar, and you should have no trouble selecting a yard sale date that works well for most people in your area.

Think about the time of your yard sale too. And remember, if you host a yard sale that coincides with local community events, it may be difficult for some people to attend.

Lastly, if you need extra help stirring up interest in your yard sale, don't hesitate to reach out to your real estate agent. This housing market professional may be able to share details about your upcoming yard sale with clients and colleagues.

Generating buzz in a yard sale can be easy, and with the aforementioned tips, you can stir up plenty of interest in your event.




Categories: Uncategorized  


Posted by Duarte/Downey Real Estate Agency, Inc on 11/10/2017


285 Long Pond Road , Wellfleet, MA 02667

Wellfleet (village)

Single-Family

$429,000
Price

5
Total Rooms
3
Beds
2
Baths
Walk to Long Pond - This Cape style home has 3 good size bedrooms with a first floor master and 2 baths. The living room is showcased by a beautiful brick fireplace, vaulted ceiling and a wall of windows with sliders leading to an expansive deck off the back of the house. A dining area and kitchen are off the living room. The second floor has a full bath with 2 nice sized bedrooms at opposite sides of the house and in between is a view to living room below. This wonderful home is ideally located allowing you to walk to Long Pond in one direction and about 5/10s of a mile to Main Street in the other direction.
Open House
No scheduled Open Houses

Similar Properties





Categories: New Homes  


Posted by Duarte/Downey Real Estate Agency, Inc on 11/7/2017


6 Sky View Drive , Truro, MA 02666

Truro (village)

Single-Family

$977,999
Price

7
Total Rooms
4
Beds
3
Baths
Bay Views - Great Rental Potential! Tucked away in the Great Hollow area, lies this unique 4 bed, 3 bath contemporary home with expansive decks that wrap around from the side and continue along the entire back of the home; Perfect for entertaining, outside dining or soaking in the breathtaking sunsets. The home has a large open floor plan with gorgeous wood floors in the living & dining room that flow nicely into the kitchen. This home has 4 spacious bedrooms complete with a stunning private upstairs master bed & bath with sliders off the master to access the back upper deck; as well as a slider off the master bath to a private deck overlooking the front yard. Well positioned skylights throughout the home allow natural lighting. This remarkable home is a MUST-SEE kind of property
Open House
No scheduled Open Houses

Similar Properties





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