Kriss Stevens & Scott Manley - CENTURY 21 Cobb Real Estate



Posted by Kriss Stevens & Scott Manley on 12/3/2017

If youíre in the market to buy a home, one of your worst fears may be that of getting into a bidding war. What if you knew it was possible to actually score a home without spending a penny more than your budget? Below, youíll find some tips that you should heed before you even put an offer in on a home. 


Know Your Budget


The first step is to know your budget. If you can spend a bit more than the asking price on a home in a sellerís market, you may want to do just that. Buying a home is an emotional roller coaster and itís easy to get sucked in. You need to think of all things practical before you even put a number on paper for an offer on a home. Work with your lender so that you know what you can spend. You can even consult your lender before you put an offer in if you know the circumstances of the home that youíre working with. The earlier you submit your offer the better.  


Make The Offer Personal


An offer should have some personality and drive attached to it. First, your agent needs to speak with the listing agent. Itís surprising just how many offers are placed where the agents never even speak. As a bonus, you can write a letter to the seller. Let them know how much you love the property, the neighborhood, or their wonderful herb garden that you plan on maintaining. Add some personal flair to your offer to give yourself a leg up as a buyer. 


Try To Close Sooner


Thereís nothing more attractive to a motivated seller than a shorter time frame for closing. If the seller knows that you can close a deal in a shorter period of time, you may be able to win the deal with your sweet incentive. You can close on a deal faster by doing the inspection quickly. If youíre pre-approved for a mortgage that also helps speed the process along. You could even go a step further and get a conditional approval from the lender. 


Give The Sellers What They Want


If the sellers happen to need more time in their home, give them space (unless of course youíre in a hurry to move.) By cooperating with the sellers and not being a high maintenance buyer you can certainly give yourself an advantage in the home buying process. If you really want to impress a seller, submit an ďas isĒ offer. A seller wonít turn down something thatís easier for them.    




Tags: offer   offer letter  
Categories: bidding wars  


Posted by Kriss Stevens & Scott Manley on 11/27/2017

This Single-Family in Barnstable, MA recently sold for $420,000. This Cape style home was sold by Kriss Stevens & Scott Manley - CENTURY 21 Cobb Real Estate.


6 Linda, Barnstable, MA 02632

Hyannis

Single-Family

$439,900
Price
$420,000
Sale Price

6
Rooms
3
Beds
2/1
Full/Half Baths
SOUTH OF 28 and close to Craigville Beach. This MOVE IN READY updated sprawling cape has 3 bedroom & 2.5 baths with over 1900 sq ft. Spacious front to back living room w/fireplace, built-ins, recessed lighting and french doors which open to the family room that overlooks fenced in yard w/gazebo & patio perfect for entertaining. Kitchen has beautiful new granite counters, stainless appliances, Viking stove top, double ovens, recessed lighting and breakfast bar. The dining room has chair rail w/built in. 1st-floor master ensuite has 2 closets. The lower level is partially finished. This move in ready home has gleaming wood floors throughout, new roof, siding, freshly painted inside & out, new light fixtures & front door. 1st-floor laundry, 2 car garage w/epoxy painted floors & more.

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Categories: Sold Homes  


Posted by Kriss Stevens & Scott Manley on 11/26/2017

Buying a home should be simple. Unfortunately, purchasing a residence can become complicated quickly, especially if you fail to consider the immediate and long-term costs associated with a house.

Ultimately, there are many hidden expenses that a homebuyer needs to consider before he or she purchases a house, including:

1. Utilities

Heating and cooling costs, water fees, electricity expenses and other utility bills may prove to be overwhelming if you're not careful. Fortunately, if you learn about various utility costs now, you may be better equipped to keep your utility bills in check at your new residence.

Ask your real estate agent for information about a home seller's utility bills. By doing so, you can get a better idea about how much your utilities may cost if you decide to purchase a particular residence.

Also, if you plan ahead for your utility bills, you can budget accordingly. Keep in mind that utilities are essential in any home. As such, you'll need to account for these costs in addition to your monthly mortgage payments, regardless of the home you buy.

2. Commuting

If you're moving to a new city or town, you'll want to consider how your move may impact your daily commute to work, school or any other locations that you visit regularly.

Consider a home's proximity to highways. If you move to a house that is located near a major highway, you may encounter heavy traffic at various points throughout the day, resulting in a lengthy commute.

Also, find out whether public transportation is available near your new home. In some instances, you may be able to take advantage of buses, trains and other public transportation options to get where you need to go without delay.

3. Home Upgrades

Although a home may appear to be a dream come true, there are problems beneath a house's exterior that could bubble to the surface after you complete your purchase. Thus, you may want to put aside money for home upgrades that may be necessary in the near future.

For example, an older home may require a new hot water heater and furnace soon. And if you start saving for a new hot water heater and furnace today, you may be able to replace them before it's too late.

A home inspector can help you identify home problems. This professional will conduct an in-depth review of a residence and provide honest feedback about any problems that could escalate quickly.

After a home inspection, you can always ask the home seller to perform the necessary repairs, or you can walk away from a home offer. On the other hand, you can keep your current home offer, move forward with your home purchase and complete the upgrades on your own.

When it comes to planning ahead for hidden home expenses, a real estate agent can point you in the right direction. Your real estate agent is happy to respond to your homebuying concerns and questions and will do everything possible to ensure you are fully satisfied with any residence you purchase.





Posted by Kriss Stevens & Scott Manley on 11/19/2017

If you have seen your latest credit score and feel like youíre less than financially fit, donít fret. Thereís plenty of reasons why people end up with bad credit. Thereís also plenty of things that you can do to amend and work with your bad credit. 


The Factors


Mortgage lenders look at a variety of factors when it comes to your credit and determining if youíre ready for a home loan. These include:


  • Age of credit
  • Payment history
  • Amount of credit debt


If you have opened new accounts frequently or ran up credit card balances without paying them down, these behaviors could negatively affect your credit score. 


Changing Your Habits


Just changing one of these bad habits can help your credit score in a positive way. This also means that a bad credit score doesnít equal not being able to get a home loan. Your home loan may just come at a higher price. 


What If Youíre Turned Down For A Loan?


You can ask your lender why youíre unable to get a loan. Some possible reasons that youíre getting rejected:


  • Missed credit card payments
  • Failure to pay a loan
  • Bankruptcy
  • Overdue taxes
  • Seeking a loan outside of what you can afford
  • Legal judgements
  • Collection agencies


If you have defaulted on a loan, missed payments or filed for bankruptcy, chances are that youíll have trouble securing a home loan. Other factors that can affect your credit score include negative legal judgements that have affected your credit, or having a collection agency after you. 


How To Fix It


If you have bad credit, itís not the end of the world. Itís possible that lenders can give you a loan if your credit score isnít too low. You could, however, face higher interest rates as a penalty for a low credit score. This is due to the fact that youíre more likely to default on a loan based on your risk factors. 


You can improve your credit score by:


Keeping existing accounts open

Refraining from opening new accounts

Trying not to approach too many lenders to find the right interest rate. Every time you get a credit check, it affects your score. 


Finding A Loan


Signs of bad credit can take awhile to disappear from your credit report. Sometimes, you have the opportunity to explain to lenders what these factors are in detail so you can secure the loan. There are even mortgage companies that assist you through the loan process to give you a boost in getting the loan.


FHA Loans


FHA loans are a great program option especially for people with bad credit. These loans offer low down payment options and have lower credit score standards. FHA loans have been helping people to secure their first homes since 1934.


If you have bad credit, the dream of home ownership is still possible. If youíre early in the process, get to work and keep that credit score up so that when you head out to apply for a loan, youíll be able to secure it.         




Categories: credit score   home loans   loans  


Posted by Kriss Stevens & Scott Manley on 11/12/2017

It's no surprise that buying in bulk is cheaper. Manufacturers can offer you the same items with less packaging and fewer processing steps. Then, at the store, less time is required for employees to stock these items onto the shelves. Basically, bulk buying is a win-win for everybody. Knowing which items to buy in bulk, however, is a bit trickier. We would all buy everything in bulk if we had the storage space in our homes†or a cart big enough at Walmart. There are certain home goods you can count on for always being smarter to buy in bulk. In this list, we'll cover the top bulk items that are worth the space in your closet and where to find them. 1. Toilet paper, paper towels, and napkins The trinity of paper items. These three purchases are always worth buying in bulk. Running out of them can range from an inconvenience to an emergency, so it's good to have plenty stocked up. The undisputed champion when it comes to buying toilet paper is Costco. However, most warehouse clubs also have good deals. If you'd rather spend a bit more and not have to carry a huge box to your car, Amazon also has some good deals on these three paper goods. 2. Liquid hand soap and body wash Those tiny bottles of liquid hand soap won't get you very far and can be quite pricey. If you have a favorite, odds are you can find a large jug of it on Amazon to refill your smaller bottles as needed. 3. Tupperware One good set of tupperware will outlast 5†cheap plastic sets. That said, you can still get a good deal on a large set of tupperware and it's worth it if you pack lunches in advance or have a large family. Amazon is also the price to beat when it comes to plasticware. 4. Batteries One item that typically isn't cheaper online is batteries. Walmart is the place to buy large packs of batteries. If you really need to have a lot of them†on hand, however, it will probably save you much more money in the long run to buy some good rechargeable batteries, especially AAs. 5. Diapers If you're a parent, you've most likely noticed the magical disappearing properties of diapers. A full box of diapers seems to vanish into thin air within a couple days time. Frugal parents have found that off-brand diapers, such as Target's Up & Up diapers, are high quality and much more affordable than name brand options. Alternatively, Amazon Mom will help you save on gas and on diapers, and offers many other baby-related goods as well. 6. Over the counter medications First, go generic--it will save you a ton of money on non-prescription meds. As to where the best place to buy medications, consumer reports show that Costco and Sam's Club are the cheapest, whereas drug stores like CVS, Rite Aid are the most expensive.




Categories: Money   Home   finance   bulk   shopping   homegoods   home goods   buying   saving   saving money   savings