Real Estate and *stuff *

Real Estate and *stuff *

A real person helping real people with real estate

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Warren Buffett Says Buy Homes Now!

February 28, 2012

Love these guys!  Check out this video blog with “Think Big, Work Small” as they recap a recent interview with Warren Buffett.  As one of most recognized (and successful) investors of all time, he is not shaken by the housing market – in fact – he thinks it’s the place to put HIS money!

10 Million Underwater Homes…video blog on a possible solution?

February 16, 2012

My recent addiction to this video blog is becoming a solid part of my morning routine.  From the just the title of their blog “Think Big Work Small” to this quick report on a possible solution to the current housing market crisis proposed by Senator Menendez.  Excellent way to keep up on things without having to read the entire proposal…and I love their comment at the end that even if this isn’t a perfect solution…it’s better than the road we’re on now!

New rental in Shrewsbury!

February 1, 2012 2 Comments

This one bedroom condo in Shrewsbury Commons is all about VALUE and “living life”! Great commuting location and the rent includes 2 parking spaces, 2 pools, in building laundry, library with free wifi, tennis courts, playground and gym! They take care of the snow removal, grass cutting and hot water. All you have to worry about is what’s in the fridge to cook for dinner! Nice 3rd floor location gives a great view from the balcony. This is great place to call HOME at the end of the day!

Rent includes:

2 parking spaces

hot water

water/sewer

Use of 2 swimming pools

Use of gym

Use of library with free wifi

Storage space

Playground

Tennis courts

Laundry in the building

Snow plowing

 

The top five discussions from the State of the Union to the Housing Market

January 29, 2012

The State of the Union address and the upcoming Florida GOP primary are bringing new and much-needed attention to housing issues.    Here are the top five articles on the housing crisis and how the politicians are looking at it.

President Barack Obama’s proposal for enhanced refinancing efforts sparked a new dialogue among members of Congress and the media after the State of the Union Tuesday. Issues like the size of down payments, principal write downs, and how to take advantage of low interest rates are suddenly gaining traction among lawmakers. Even the GOP candidates for president are having to face the housing crisis as they campaign in Florida, a state hard hit by foreclosures.

Associated Press: After Obama Speech, Three Arguments for Housing

President Barack Obama said in his State of the Union speech that he wanted to help struggling home owners refinance their mortgages. The Republicans who want his job say the government should get out of the way of the housing market. But some experts advocate something much bolder to provide relief to the 11 million home owners in the United States who owe more on their mortgages than their houses are worth.

MSNBC Bottom Line: Home Buying Could Soon Beat Renting

Falling home prices have sent many would-be buyers to the sidelines. If all goes well, record low interest rates and rising rents may soon prompt some of them to take a second look at buying.

New York Times (Bucks): Big Down Payments Could Bar Creditworthy Borrowers From Market, Study Finds

Requiring a minimum down payment of 20%, or even 10%, on home loans would push many creditworthy borrowers into higher-cost loans or out of the mortgage market entirely, a new study says.

HouseLogic: Finally Some Talk on Home Ownership; Will Action Follow?

It was nice to finally hear a politician talking about solving our housing market woes — the bull’s-eye in terms of economic recovery. Aiming to strike a populist chord with voters, President Barack Obama asked Congress Tuesday night during the State of the Union to pass a mass refinancing effort that would help home owners take advantage of today’s lower mortgage rates.

USA Today: Florida Primary Turns Spotlight on Housing Bust’s Fallout

As the GOP presidential contest heads to Florida, the Jan. 31 primary looms as the first in the nation where declarations by Romney and former senator Rick Santorum that housing should be allowed to bottom out will be judged by voters in markets where the housing bust has been concentrated.

What do you think?

Freddie Mac Launches Winter REO Sale

November 18, 2011 1 Comment

HomeSteps, a Freddie Mac real estate sales unit, kicked off a sales promotion this week to unload some of its inventory of foreclosed homes in several cities.

Its Winter Sales Promotion for owner-occupant buyers includes:

  • Paying up to 3 percent of the final sales price toward the buyer’s closing costs for initial offers received between Nov. 15 and Jan. 31, 2012. Escrow must be closed on or before March 15, 2012, to qualify.
  • Two-year Home Protect limited home warranty, which covers such things as the heating, air conditioning, electrical, plumbing, and other major systems and appliances. Home Protect also will offer a discount of up to 30 percent on the purchase of appliances.

I have searching through the available homes and have found these great buys.  If you are interested in finding out more about the Freddie Mac winter REO sale or taking a look at one of these great opportunities – let me know!

HUDSON:

200 MANNING ST  $74,900

FRAMINGHAM:

1016 PLEASANT ST $270,000

CLINTON:

1 SCHOBERT STREET $160,000

46 EAST STREET $179,900

WORCESTER:

110 ORIENT STREET $63,900

8 Myrick Ave $79,900

14 Yukon Ave $79,900

2 STRATFIELD STREET $84,900

4 Clapp Street $112,000

84 Granite Street $130,000

LEICESTER:

75 HUNTOON MEMORIAL HWY 43 $67,500

SPENCER:

36 VALLEY STREET $34,900

MILLBURY:

19 ELMWOOD STREET $149,900

MILFORD:

114 EAST MAIN STREET  $50,000

48 N BOW ST APT 6  $145,000

47 WEST WALNUT STREET $200,000

SHREWSBURY:

171 EAGLEHEAD TERRACE  $135,000

OXFORD:

14 CAMP HILL DRIVE $60,000

 

National Open House Weekend – Schedule Change

May 31, 2011

Whoops!  One went under contract today so slight change to the schedule for my listings in the National Open House Weekend.  Not buying right now?  Forward the link to someone who is!

And here we go!

March 1, 2011 1 Comment

WOW!  It’s a busy week this week!  Please join me at any one of the following events:

TUESDAY: RE/MAX Professional Associates and Lowe’s :  This is a weekly event at the Lowe’s in Ware where we combine their know-how to keep your house in tip-top shape and our know-how to tell you how it affects your sale price (now or in the future) as well as the local market conditions.  Every Tuesday evening in Lowe’s there is an in-store demo on a different topic at 6pm and Mark Seymour, the store manager, extends special discounts for the people that stop in.  THIS WEEK – DRYWALL REPAIR!  With so many leaking roofs and ice dams we thought it would be great to do an in-store clinic on Drywall Repair!  Please join myself and Pierre (http://www.meetup.com/Lowes-Home-Improvement-In-Store-Demos/)

WEDNESDAY:  Broker’s Open at 1 Fairbanks in Milford: Check out this very solid house in Milford – 4 beds, 2 baths and SPACE!  In a quiet family area but yet close to EMC and 495 this house shows pride of ownership and is a solid value.  The added family room creates a nice flow to the floor plan and adds a great space to relax and look out the sliders to the deck (spring is coming – really!).  Stop in between 12pm and 2pm to check it out or on Saturday at the Public Open 1pm to 3:30pm.  For more information, click HERE

THURSDAY:  Broker’s Open TOUR in Shrewsbury: FOUR fantastic homes will be open 12pm to 2pm this Thursday for you to review!  My listing at 272 Oak Street is a unique and stylish renovated home that is a must-see to appreciate.  4 bed, 2 bath on a great lot that is commuter friendly with a legal in-law.  Seller financing available.

From the old to the new and renovated in-between! Light refreshments at locations.

  • 679 Main Street – Antique George Mason House
  • 272 Oak Street – Renovated with seller financing and in-law
  • 6 Lawrence Street – VERY well cared for 3 bed 2 bath on a dead end!
  • 41 Millwood Drive – NEW construction

Public open at 272 Oak Street in Shrewsbury following on Saturday 11:30 to 1pm!  For more information on this house, click HERE.

Take a few moments and join me at any one of these events – I’d love to chat with you!

Repair and Replace Kitchen Counters to Stay on Top of Scratches

February 19, 2011

The spring market is upon us!  It seems a tad early this year but with all the news articles about rising interest rates many buyers are making their choices now instead of waiting.  As a seller or soon-to-be-seller, don’t wait!  Get your home ready and on the market now to take full advantage of this early market.

This is the first in a small series of articles to help you get your home “sale ready”.  The kitchen is often the first room that a buyer will go to during a viewing and is vitally important to the overall impression of your home.

You can repair kitchen counter mishaps with only a little time and money. Big boo-boos, however, will need professional help.

Granite

Even granite counters suffer kitchen wear and tear. But you can make them shine with a little time and know-how. After you fix them, don’t forget to reseal them.

Cracks, chips, scratches: Fill nicks in granite by building up layers of epoxy resin colored to match the stone. Clean the area first with acetone, which breaks down grease. Be sure to open a window for ventilation.

Stains: The type of stain–wine or ink, oil or bleach–determines the type of poultice you’ll need to suck it out. A paste of flour and hydrogen peroxide pulls out grease, oil, bleach, and ink stains; a mix of flour and bleach cleans wine stains. If you want to go commercial, check out Alpha, Aqua Mix, and StoneTech stone cleaners. Cost: $6 to $20.

Solid surface counters

Solid surface countertops, such as Corian, are man-made from resin, acrylic, and other materials. They’re tough but not impervious to scratches and stains. To repair minor scratches, rub a white polishing compound on the area with a wool pad, then apply a countertop wax.

For deeper scratches or cuts, call a professional. Figure labor costs at about $15 to $35 an hour. If you need to replace portions of the counter, figure at least $35 to $65 per square foot.

Laminate

Fixing gouges or covering burns in laminate is tough for mortals, though repairing minor problems is doable.

  • Fix small chips with laminate repair paste that matches the color of the countertop.
  • Cover scratches with countertop polish or car wax.
  • Fix peeling laminate with contact cement applied to both surfaces and pressed back into place.
  • Remove coffee and tea stains with vinegar or a paste of baking soda and household cleaner.

Bigger problems will require replacing the damaged stretch. Laminate comes in a billion colors, but finding an exact match for an old counter could be difficult.

To get the look you want, replace the counter. Labor will cost $15 to $35 per hour; countertops range from $3/linear ft. for Plain Jane straight-edged laminates to $100/linear ft. for laminates with a beveled edge that look like granite.

Tile

If you’ve planned ahead and stockpiled old tiles, then grab a few and replace cracked or scratched areas. If you don’t have extra tile, then attempt the following first aid:

  • Wipe away scratches with a dab of toothpaste on a clean cloth.
  • Work epoxy glue into cracks with a toothpick, then color with matching oil-based artist paint.
  • Remove old grout with a utility knife, then replace with a rubber trowel.

Stainless steel

Stainless steel countertops become scratched, stained, and dull over time. While you’ll never completely remove scratches, you can buff them into a warm patina by massaging with vegetable oil.

Remove stains with a paste of baking soda and dish soap. A sprinkle of Barkeeper’s Friend will remove stains without scratching.

If you are getting ready to sell – call or email me.  I would be happy to provide you with a free market analysis of your home.  To get your home sold, you need a great marketing plan and accurate pricing.  I can give you both!

Open House Sunday!

January 30, 2011

WOW!  I am drinking my morning coffee (starting to drink my morning coffee – I measure this process in pots rather than cups) and just realized how many of my listings will be open today!  This is GREAT!  I am excited to be able to work with everyone so well (my sellers and the great agents at RE/MAX Professional Associates) in order to get this done all in one day!

10 Overlook Ave in Millbury – Noon to 1pm:  This is a newer 3 bed, 2.5 bath colonial with MANY upgrades on a dead-end street close to the highway.  You will not find this kind of square footage, at this price, in new construction but it’s so young it might as well be new construction.  http://272oakstreet.epropertysites.com/

272 Oak Street Shrewsbury – 2pm to 3pm:  An amazing home with unique flair and unmatched grace and elegance.  5 bed and 3 baths with 11 rooms total that includes an in-law apartment.  Great neighborhood and great price!  http://10overlookave.epropertysites.com/

21 Balcolm Road Marlborough – 11am to Noon:  Incredible young colonial at the end of a cul-de-sac on the Marlborough/Sudbury line.  This IS a stately home that can rival any other property in the area in extras, square footage, location and price.  http://21balcolmroad.epropertysites.com/

28 Adams Street Worcester School House Lofts – 1pm to 4pm:  NINE loft condos are available ranging from studios to 2 bedrooms in the Adams Street Lofts.  Each one unique and each one incredible!  High vaulted ceilings, central air, two parking spaces and more!  Right off of Shrewsbury street – these are a must-see for condo shoppers.  http://28adamsstreetunit208.epropertysites.com/

Get out and stop in at one of these fantastic properties before the snow flies (again) this week and DRIVE SAFE!