Kriss Stevens & Scott Manley - Kinlin Grover Real Estate



Posted by Kriss Stevens & Scott Manley on 10/26/2020

Image by June Hanabi from Pixabay

Buying a home is never easy, but it can be especially challenging if you're making your purchase from a remote location, like when you're buying a vacation home. If you're purchasing a second home or a vacation property in the next few months, these tips can help you through the process. By doing your homework, working with the right real estate professional, and by making decisions in advance, you can make the purchasing process easier on yourself. Here's what you need to know.  

Understand the Tax & Loan Implications

Mortgages for vacation homes often require a larger down payment than primary residences. In addition, some loans that can be used to purchase primary residences cannot be used to buy vacation homes. For example, you can't pay for a vacation home with an FHA loan. 

You may be able to deduct the mortgage interest from your taxes, but only up to a certain amount. Your accountant can help you understand how the mortgage deduction will work before you buy the house. Call your accountant before getting into the home purchase process, so you can be fully aware of the tax implications before finalizing the purchase.

Know What You Want

Sit down with your family before you start shopping for a home. Have discussions that will focus your search. Ask questions like: Where do we want to buy? How big will the house be? How large should the lot be? Answering these questions in advance will help you narrow your search and keep it focused on houses that are likely to make you happy.  

Research the Real Estate Market

Are homes competitive in the area where you'd like to buy? Do they go fast? Must you act quickly? What's the price range of homes you'd like to buy? What's the forecast for real estate in the area? Having answers to these questions will help you make decisions that will inform your home buying process. Some of this information can be found online, but the best and most accurate way to get a lot of this information is to work with a reputable real estate professional.  

Plan at Least One or Two Trips

Much of the home buying process can be done remotely. PDF document signing technology has made it easy to make offers and send documents to home buyers from out of state or even out of the country. However, it's still advisable to make at least one trip to the area and see the house you'd like to buy in-person before making an offer. 

Very likely, you won't find the house you want to buy in the first trip. Plan to make at least one (and possibly two or more) trips to the area where you'd like to purchase. Plan your trips carefully to ensure each trip is productive. Make a list of properties to see before leaving. Communicate your list of properties with your real estate agent in advance, so your real estate professional can make appointments to see homes before you arrive.  

Find the Right Real Estate Professional

Work with a real estate agent who has facilitated long distance purchases in the past, and who has strategies for helping out of town buyers. To find a real estate agent, interview reputable candidates before settling on the right one for you. The real estate professional you choose should be friendly, communicative and confident in their ability to help. Working with the right real estate agent, you'll be able to get the job done, even when you're not in town.  




Categories: buying  


Posted by Kriss Stevens & Scott Manley on 10/19/2020

As a home seller, it sometimes can be tough to balance short- and long-term goals. Lucky for you, we're here to help you streamline your house selling efforts and ensure you can maintain your focus as you proceed along the property selling journey.

Now, let's take a look at three tips to help you stay on course after you list your residence.

1. Establish a Home Selling Timeline

A home selling timeline can help you take the guesswork out of selling your residence. This timeline enables you to determine what tasks you will need to complete as you navigate the property selling journey. Plus, it can help you get a good idea about how much time you will need to sell your residence.

Be flexible with your home selling timeline. Remember, unexpected problems may arise at any point during the home selling journey, and these issues may slow you down. But if you maintain flexibility, you can address any potential home selling hurdles and finish the home selling journey as quickly as possible.

2. Create Home Selling Goals

With home selling goals in place, you can achieve many milestones throughout the property selling journey. These goals can help you stay focused as you complete each step of the home selling process. They also enable you to enjoy a sense of accomplishment as you finish a wide range of tasks when you sell your home.

You can create as many or as few home selling goals as you'd like. As you set up goals, you should consider the steps that you'll need to complete as well. This may allow you to further accelerate the home selling journey.

3. Work with a Real Estate Agent

If you are unsure about what to expect during the home selling journey, you may want to find a real estate agent. Because if you have a real estate agent at your side, you can get the help you need to maintain your focus throughout the property selling journey.

A real estate agent understands exactly what it takes to sell a home in any real estate market, at any time. First, he or she will help you establish a home selling strategy. This housing market professional next will promote your residence to potential buyers and help you review any offers to purchase your home. And if you accept an offer to purchase, a real estate agent will make it simple for you to complete the final steps of the property selling journey.

Let's not forget about the expert guidance that a real estate agent provides, either. A real estate agent is happy to respond to a home seller's concerns and questions. As a result, a real estate agent will help a home seller make informed decisions as the property selling journey progresses.

Maintain your focus as you sell your home Ė use the aforementioned tips, and you can remain on track throughout the house selling journey.





Posted by Kriss Stevens & Scott Manley on 10/16/2020


20 Nohono Road , Mashpee, MA 02649

Mashpee (village)

Single-Family

$369,000
Price

3
Beds
5
Total Rooms
2
Baths
Don't miss this sweet 3 bedroom ranch on a corner lot. Upon entering you will love the open feeling of the living room with cathedral ceiling. Kitchen has upgraded counter, dining area and door out to deck. Offering a split bedroom plan, generous size private master suite with full bath and plenty of closet space. There are 2 more bedrooms and another full bath. 1st floor laundry. Need extra space, the walk out lower lever has lots of possibilities and extra storage. You will appreciate the location only a stroll away from John's Pond, and close to Mashpee Commons, library and more. Make this the perfect Cape Cod Home to live year round, second home, or investment. Buyer/agents to verify all information herein.
Open House
Saturday
October 17 at 11:00 AM to 12:00 PM
Come see this 3 bedroom ranch home on a corner lot near Johns Pond! Master bedroom suite! Vaulted ceilings, gas heat and walk out lower level. Tons of potential here! All covid protocol is followed.
Cannot make the Open Houses?
Location: 20 Nohono Road , Mashpee, MA 02649    Get Directions

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Categories: open house  


Posted by Kriss Stevens & Scott Manley on 10/14/2020


7 Carla Road , Barnstable, MA 02601

Hyannis

Single-Family

$450,000
Price

2
Beds
5
Total Rooms
2
Baths
Southside lovely contemporary ranch style home on corner lot is located near beaches and village. You will enjoy the front farmer's porch. This home offers an open light & bright living room with a fireplace & cathedral ceiling. Kitchen has oak cabinetry w/crown molding, cathedral ceiling, skylight & recessed lighting, center island with dining area. Family room has cathedral ceiling, larger windows & slider leading to spacious deck & outdoor shower. Bedrooms located on opposite end of home. Master bedroom has cathedral ceiling with private bathroom. Den ideal for any unexpected Cape Cod guests. Lower level has a finished room. Central Air, Hardwood floors, Andersen windows, gas heat, ceiling fans in all rooms, beautifully landscaped yard w/irrigation & garage plus generator completes this home. Convenient location & close to sandy South side Craigville Beach, shopping and more. A must see!
Open House
Sunday
October 18 at 10:30 AM to 12:30 PM
Cannot make the Open Houses?
Location: 7 Carla Road , Barnstable, MA 02601    Get Directions

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Categories: open house  


Posted by Kriss Stevens & Scott Manley on 10/12/2020

Fireplaces are often seen as a necessity for homebuyers. It adds charm and decorative as well as physical warmth to a home. More than half of new homes have a fireplace. If your home doesnít have a fireplace, you may wonder if installing and maintaining a fireplace is worth it. Will it add value to your home? There are a few things you need to consider before you decide to take on this project.


Value


Keep in mind that fireplaces are not directly accounted for during a home appraisal. Yet, they add value to a home. Home buyers will pay more for homes that have fireplaces. Depending on the location of your home, a fireplace can increase the value of the property by a significant amount- up to thousands of dollars.


Location


The location of a home really has a direct effect on how much value it adds it a home. When added to other amenities in your home, a fireplace can compound to make the home appear more luxurious. A fireplace is a must in a higher end home.  


On the flip side, more modest homes may not need fireplaces. If a home needs many other improvements, a fireplace may not add much to the property. The amount of value a fireplace adds is very much dependent on the type of property itís being added to.       



Cost


Itís possible to add a fireplace to just about any home. The cost will vary by a large amount ranging anywhere from a few hundred dollars to tens of thousands of dollars. Specific requirements may exist within your city dictating how fireplaces must be installed. Keep in mind that everything from the type of fireplace thatís being installed to the height of the chimney must be considered. Look into things like:


  • Emission limits
  • Chimney height
  • Construction requirements
  • Permits
  • Type of installation

Each requirement will add a bit more cost to the project, so itís best to do some research beforehand. 


Getting The Maximum Value


If you decide that adding a fireplace is the right decision for your property, there are a few ways to get the maximum return on your investment. First, you should build the fireplace in the room of your home thatís most used. This space would most likely be the living room or family room in most cases. Keep in mind that adding a fireplace can drastically change the look of a room.


Whether youíre adding a fireplace or putting in an initial one, you can be sure that it will add value to your home in the form of attraction and home price.  





Tags: fireplace  
Categories: home value   remodeling values