Diane Horrigan - RE/MAX  Trinity



Posted by Diane Horrigan on 1/17/2018

If you buy or sell a home, it is normal to expect negotiations after an initial offer is submitted. However, differentiating between a "fair" counter proposal and an exorbitant offer sometimes can be difficult.

Lucky for you, we're here to help homebuyers and home sellers submit a successful counter offer at any time.

Now, let's take a look at three best practices to help you create a successful counter proposal.

1. Consider Your Counterpart's Perspective

If you are buying a home, consider the seller's perspective. Or, if you're selling a house, evaluate the buyer's perspective. In both scenarios, you can gain insights into what your counterpart might be thinking and tailor your counter offer accordingly.

For example, if a house has been available for several weeks or months, a homebuyer should consider this information as he or she preps a counter proposal. By doing so, a homebuyer can weigh the pros and cons of waiting out a buyer's market and craft an effective counter offer.

On the other hand, if a home seller has several offers in hand, this seller may want to consider submitting a counter offer that matches or exceeds a house's initial asking price. With a seller's market in place, a home seller should have no trouble stirring up plenty of interest in a home, even if a buyer rejects a counter proposal.

2. Evaluate the Housing Market

Take a look at the prices of available houses in your city or town. This housing market data can help you differentiate between a buyer's and seller's market Ė something that may prove to be exceedingly valuable as you put together a counter offer.

Also, examine the prices of recently sold houses that are similar to the home that you want to buy or sell. By leveraging this housing market data, you can evaluate the prices of similar properties and boost your chances of submitting a competitive counter proposal.

3. Consult with a Real Estate Agent

If you're struggling to create a fair counter offer, it certainly helps to consult with a real estate agent.

Ultimately, a real estate agent is committed to helping homebuyers and home sellers achieve their respective goals. This housing market professional can provide a wealth of housing market data to help a homebuyer or home seller craft a viable offer. Furthermore, a real estate agent is happy to provide honest, unbiased home offer recommendations, ensuring both buyers and sellers can make informed decisions.

Let's not forget about the support that a real estate agent provides throughout the homebuying and home selling journey, either. A real estate agent will be ready to respond to a buyer's or seller's questions without delay. Plus, this housing market professional will go above and beyond the call of duty to ensure all parties involved in a home sale enjoy a seamless experience.

Ready to negotiate a counter offer? Use the aforementioned best practices, and you can quickly and effortlessly create a successful counter proposal.




Tags: Offer to Purchase   offer  
Categories: Offering A Compromise   offer  


Posted by Diane Horrigan on 1/10/2018

If you're at a loss to explain why your money seems to disappear so quickly, every month, your utility bills may be partly to blame. The solution to lowering your energy-related expenses involves a combination of high-tech approaches and old-fashioned methods. On the high-tech side, it pays to program your thermostat so that you're automatically adjusting your energy usage when your family is sleeping, at work, or at school. There's no need to make the house perfectly comfortable when no one's at home! If the idea of programming electronic devices causes you to break out in a cold sweat, then maybe you can ask your HVAC technician to set it up for you the next time he stops by for a service call or furnace tuneup. (Hey, you never know unless you ask!) Another way to save money on your energy bill is to use your clothes dryer less. This strategy is simple, but effective. Buy an old-fashioned clothes line, hang it up securely in your back yard, and use it to air-dry some of your laundry. I'm not saying it should replace your clothes dryer -- especially in the cold winter months. However, it can be an effective, low-tech method to reduce the energy demands you place on your dryer. There's also the option of drying some of your clothes on a drying rack. Fixing Leaks, Lighting, and Insulation Two common plumbing problems that many homeowners endure are toilets that run 24/7 and faucets that leak. While it may not seem that these relatively minor issues are going to impact your water bill, those leaks can and do add up over an extended period of time. Not only that, but the continual sound of your toilet tank running and your faucet dripping can be quite annoying! If you have the phone number of a reasonably priced plumber who can fix those problems, it'll pay to have him stop over. From an electricity standpoint, you can save money by replacing your incandescent light bulbs with Energy Star certified bulbs. According to the U.S. Environmental Protection Agency, these energy-efficient bulbs use 70-90% less energy than standard bulbs, they last 10 to 25 times longer, and produce substantially less heat. The fact that they generate up to 90% less heat makes them safer and more energy efficient, too -- particularly during the summer. As a side note, you can also save energy during the holidays by using Energy Star certified decorative light strings! Yet another way to make sure your home is energy efficient and cost effective is to check the insulation in the attic and other areas. If you're considering purchasing a home that is inadequately insulated, you could consider asking the seller to correct that problem, as a condition of the sale. An alternative approach would be to use that deficiency (and/or others) as a negotiating chip to get the price lowered. Whether you're buying or selling a house, an experienced real estate agent can help you negotiate mutually agreeable terms and successfully guide you through the twists and turns of real estate transactions!





Posted by Diane Horrigan on 1/3/2018

Most homeowners would love to be able to pay off their mortgage early. However, few see it as a possibility when they take into account their earnings and other bills.

 There are, however, a few ways to pay down your mortgage earlier than planned. But first, letís talk about when it makes sense to try and pay off your mortgage.

 When to consider paying off your mortgage early

If you recently got a promotion, have someone move in with you who contributes to paying the bills, or recently got a secondary form of income, you might want to consider making extra payments on your mortgage.

However, having extra money doesnít always mean you should spend it immediately on your home loan.

First, consider if you have a large enough emergency savings fund. It might be tempting to try and throw any extra money at your mortgage as soon as possible, but there are other financial commitments you should plan for as well.

If you have kids who will be applying to college soon, remember that student aid takes into account their parentsí finances. If your children plan on applying to institutions with high tuition, then your equity will be counted against you.

Refinancing to pay your mortgage early

Refinancing your home loan is one option if youíre considering increasing the payments on your mortgage. If you can refinance a 30-year loan to a 15-year loan with a lower interest rate, youíll save money in two ways--your lower interest rate and the fact that youíll be accruing interest for less time.

There is a downside to refinancing. Once you refinance, youíre locked into your new payment amount. So, if your higher income isnít dependable, it might not make sense to commit to a higher monthly payment that you arenít sure youíre going to be able to keep paying.

Thereís also the matter of refinancing costs. Just like the costs associated with signing on your mortgage, youíll have to pay closing costs on refinancing. Youíll need to weigh the cost of refinancing against the amount youíll save on interest over the term of your mortgage to see if it truly makes sense to go through the refinancing process.

Paying more on your current loan

Even if you arenít sure that refinancing is the best option, there are other ways you can make payments on your mortgage to pay it off years sooner than your term length.

One of the common methods is to simply make thirteen payments each year instead of twelve. To do this, homeowners often use their tax returns or savings to make the thirteenth payment. Over a thirty year mortgage, this could save you over full two years of added interest.

A second option is to make two bi-weekly payments rather than one monthly payment. By making biweekly payments you have the ability to make 26 payments in a year. If you were to just make two payments per month then you would make 24 total payments. Over time, those two extra payments per year add up.





Posted by Diane Horrigan on 12/30/2017

This Single-Family in Medford, MA recently sold for $640,000. This Ranch style home was sold by Diane Horrigan - RE/MAX Trinity.


14 Waddell St, Medford, MA 02155

North Medford

Single-Family

$619,000
Price
$640,000
Sale Price

8
Rooms
3
Beds
2
Baths
Renovated Ranch in Most Desired Neighborhood! Modern Open and Entertaining Floor Plan. Main Level Features Living Rm, Dining Rm, & Granite Kitchen with Stainless Steel Appliances. 3 Bedrooms w/ Good Sized Closets, Full Tiled Bathroom w/ Double Vanity Sinks, Central Air, Hardwood Floors, and Recessed Lighting. Walk Out Lower Level Enjoys Spacious Family Room, Plus Bonus Room, Full Tiled Bathroom, and Laundry Room. Additional Upgrades Incl: New Electrical, Plumbing, Roof, Windows, Driveway, and More! Still Putting Finishing Touches on but Ready for our First OH this Sat & Sun....This is a MUST SEE Not a Drive By!! Did I Mention Location and being just minutes to Route 93, Commuter Bus to Boston, and on your days off walk/bike the Fells! Open House Saturday 1:00 - 2:30 and Sunday 12:00 - 2:00. Offers if Any Due Tuesday by 3:00,






Categories: Sold Homes  


Posted by Diane Horrigan on 12/20/2017

Moving can be fun, exciting, and stressful all at the same time. With so many things happening and so much to keep track of, it can be easy to get overwhelmed.

 When youíre stressed and trying to multitask, thereís also an increased risk of personal injury and damaged belongings.

 While it may seem worth it to overlook safety in order to save time or money on moving day, itís important to remember that you and your familyís health and well-being is much more important than saving a few minutes or dollars.

 In this article, weíre going to give you a few simple moving day tips that will help keep you and your belongings safe so you can rest easy on the first night in your new home.

 Ask for help

Many moving day injuries result from one person attempting to lift, carry, or move items that really require more hands. Itís easy to see how this mistake is made. Everyone is busy with their own tasks, whether theyíre packing boxes or cleaning.

To avoid injury when lifting items, know your limits and always ask for help. If you donít feel comfortable moving heavy items, now is no time to push yourself--youíll be needed throughout the day, so depend on your family or hired movers.

Plan your route

Many damages and injuries occur when we havenít properly prepared. Know the terrain of the place youíll be carrying your items to. Plan ahead for the size of staircases, dangerous hills, or ruts in the ground. Put safety cones down in dangerous areas so no one is hurt or drops fragile items.

Load your truck wisely

Whether youíre moving far away or just a few blocks, a lot can go wrong once the truck starts moving. However, even if you donít have many fragile items inside, thereís the risk of boxes toppling on you and your family when unloading the truck if the boxes havenít been stacked wisely.

First, try to keep boxes lighter than what youíre comfortable carrying. Itís easier to move more boxes than to struggle with one particularly heavy one.

For heavier items, utilize equipment like dollies, hand trucks, and furniture sliders to protect you and your belongings.

Finally, practice smart loading and unloading techniques in your moving truck. Load the heaviest items (like appliances) first, and put lighter boxes on top of them. Think of loading like a game of Tetris--always aim for a strong foundation to stack on top of to avoid boxes falling on you or each other.

Take breaks

On moving day you may be on various deadlines, whether itís moving trucks or getting things unloaded before sunset. However, itís important that you take several breaks while loading and unloading, especially if youíre moving on a hot day.

First aid

Sometimes, even if you do everything right, mistakes can happen. Itís important to be prepared for when they do. Make sure you have a first aid kit in your moving truck that contains unexpired first aid supplies.

Be sure to have your cell phone handy and know the location of the nearest hospital in case of an emergency.

If you follow these tips, you should be on your way to having a successful, injury-free moving day.




Categories: Home Safety   moving safety