Kathryn Varjian Ferrazzi - William Raveis Real Estate & Homes Services



Posted by Kathryn Varjian Ferrazzi on 6/20/2018

In some instances, it may be beneficial to reject an offer to purchase your home. Because if a homebuying proposal fails to meet your expectations, you may want to wait for another offer to come your way.

Reviewing a homebuying proposal and determining whether to reject this offer can be tricky. But we're here to help you evaluate an offer to purchase so you can decide the best course of action and feel confident about your choice.

Now, let's take a look at three tips to help you assess an offer to purchase and determine whether to decline.

1. Review the Local Housing Market

The housing market in your city or town is a major factor in the property selling journey. If you're selling your residence in a buyer's market, you likely face steep competition to sell your house and maximize its value. Comparatively, if you're operating in a seller's market, there may be an abundance of buyers and a shortage of sellers in place.

Take a look at the prices of recently sold residences and how long these properties were listed before they sold. You may want to consider the prices of currently available houses in your area that are similar to your residence too. With this housing market data in hand, you can differentiate a buyer's market from a seller's one and take a data-driven approach to decide how to proceed with an offer to purchase.

2. Weigh Your Home's Strengths and Weaknesses

You believe your home is great, but you also realize that your residence is far from perfect. As such, it often helps to weigh your residence's strengths and weaknesses relative to an offer to purchase and proceed accordingly.

For example, if a homebuyer submits a competitive offer to purchase your home in spite of its exterior damage, you may want to accept this proposal. On the other hand, if a buyer submits a "lowball" offer on your recently upgraded house, you may want to decline this proposal.

3. Consult with a Real Estate Agent

If you're unsure about whether to reject an offer to purchase, there is no need to worry. You can always hire a real estate agent, and this housing market professional can provide comprehensive support throughout the property selling journey.

A real estate agent is ready to help you in any way possible. If you need help listing your residence and promoting it to prospective buyers, a real estate agent can assist you. Or, if you want to find innovative ways to enhance your residence's curb appeal, a real estate agent can provide home exterior upgrade recommendations.

Of course, a real estate agent will work with you to review any offer to purchase your house. You and your real estate agent together can discuss the pros and cons of a homebuying proposal and make a decision that corresponds to your house selling goals.

Take the guesswork out of reviewing an offer to purchase Ė use the aforementioned tips, and you can decide whether rejecting a homebuying proposal is the best option.





Posted by Kathryn Varjian Ferrazzi on 6/13/2018

You've sold your house, and now, you have only a few weeks to pack up all of your personal belongings and move them out of your current residence. Time moves quickly, especially in the days after you accept a homebuyer's offer to purchase your house. Thus, you'll need to pick up essential packing supplies so you can prep your belongings and ensure you're ready to relocate without delay. So what are some of the must-own packing items for those who need to move out of a home? Here are four essential packing supplies that you'll need to take your belongings from one location to another quickly and safely: 1. Cardboard Boxes No packing checklist would be complete without cardboard boxes, as these boxes enable you to pack up items big and small and transport them between locations. Ideally, you'll want to pick up cardboard boxes of all sizes before you relocate. By doing so, you'll be ready to pack up a wide range of belongings, place them in cardboard boxes of different sizes and streamline the process of getting ready for an upcoming move. 2. Bubble Wrap Want to protect valuable antiques and other delicate items? Pack them in bubble wrap, and you'll be able to minimize the risk of damage to these items when you relocate to your new address. Bubble wrap is readily available and affordable, and it can make a world of difference when you're moving. Ultimately, it is always better to err on the side of caution when it comes to bubble wrap, too. And if you're uncertain about whether an item should be placed in bubble wrap, you may want to use as much bubble wrap is needed to safeguard this item and minimize the risk that it could break or be damaged during your move. 3. Duct Tape Duct tape is paramount because it enables you to seal any cardboard boxes instantly. Plus, the seal that duct tape provides is strong and will ensure that your belongings will stay in place throughout your move. Like bubble wrap, duct tape is easy to find and inexpensive. As such, you should pick up multiple rolls of duct tape as you begin packing, because doing so will guarantee you're able to pack up your belongings and store them in cardboard boxes safely. 4. Pens and Markers Want to label your moving boxes and ensure you're able to put them in the right place at your new address? With bright, vibrant pens and markers at your disposal, you can label your moving boxes to your heart's delight. Having a large array of pens and markers may make it easier to categorize your belongings as well. In fact, you can even use a color-coded labeling system to organize your belongings by room to ensure you can unpack quickly after you arrive at your new home. When it comes to relocating from one address to another, you'll want to do everything you can to make the moving process as simple as possible. And with the aforementioned packing supplies, you should have no trouble preparing for your move and guaranteeing all of your belongings reach your new home.





Posted by Kathryn Varjian Ferrazzi on 6/6/2018

Make your new house an even more welcoming place to come home to by designing a fragrant flower garden. Fill your garden with these beautiful blooms and reap the aromatic rewards.

If you arenít exactly known for your green thumb donít think you canít have a beautiful flower garden too! Most of these blooms are also incredibly easy to grow and require little maintenance over time.  

Sweet alyssum - Not only is the sweet alyssum beautifully fragrant, itís also a pretty hardy plant that can tolerate both heat and drought. It is also a self-sowing plant so it will come back year after year with minimal effort on your behalf. While it grows low to the ground itís potent sweet scent wonít go unnoticed.

Rose - The rose needs no introduction. While this bloom precedes its fragrant reputation it, unfortunately, has one misconception - that they are difficult to grow. If you have an area in your garden that receives around 6 hours of sunlight you should find little difficulty getting this coveted blossoms to grow.

Phlox - Phlox grow in small bundles of flowers, much like the sweet alyssum. There are actually three varieties to be aware of when choosing your seeds. There are border phlox, mounding phlox and woodland varieties. No matter the variety this bloom boasts a sweet almost honey-like smell you will adore.  

Butterfly bush - This shrub grows long draping cone-shaped bundles of flowers. It comes in shades of white, pink and purple. If you are looking to attract butterflies opt for a lavender-pink variety. It should be noted that this bush is considered an invasive species and can be problematic in areas with more mild climates.

Flowering crabapple - Crabapples comes in many varieties and can fit any gardenís aesthetic needs. You can find traditional round shaped trees as well as ones with draping branches much like a weeping willow. For the most fragrant blooms, youíll want the single blossom variety.

Peony - Peonies are a stunning, showy bloom much like the rose. The lovely, fresh scent peonies throw off is well worth the 2-3 year wait for a newly planted bush to establish itself. And good news - they donít require much fussing over throughout that time. Aside from adequate sun and plenty of root space to soak up nutrients this bush is pretty low maintenance.  

These six blooms will be sure to up the aroma ante in your flower garden. Not only can they be grouped up together but they can also be grouped with other stunning blooms whose fragrance is lacking for a well-rounded showstopper of a garden. Peonies can be put in the same garden design as roses to complement one another's showy blooms. While sweet alyssum and phlox can be added to just about any design due to their low-spreading nature.




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Posted by Kathryn Varjian Ferrazzi on 5/30/2018

Once you've made the transition from renter to homeowner, life is never the same again! While new responsibilities like home repairs and paying property taxes may sometimes feel like a burden, there are plenty of benefits that should outweigh the costs.

For example, home ownership usually brings with it tax advantages and investment features that can work in your favor. Getting guidance from a licensed tax advisor and financial consultant can help make sure you're getting the maximum return on your real estate investment.

Tips For House Hunters

If you're in the process of buying or looking for a new house, an experienced real estate agent (and home inspector) can be a valuable resource when evaluating the condition of a home, estimating the current market value of the property, and predicting the growth potential of the neighborhood. As you may already know, the location of a property is one of the most important aspects of its current and future value.

Seller disclosure laws, which vary from one state to the next, can offer buyers some measure of protection against costly problems, health or safety hazards, or quality of life issues down the road.

There are two reasons that seller disclosure requirements don't always protect home buyers from property flaws and repair problems: seller dishonesty or hidden conditions sellers aren't aware of. They can't reveal issues they don't know about, and in some cases problems are hidden behind walls, ceilings, and other places.

As mentioned, a potential obstacle to getting the full story about a home's history, flaws, and weaknesses is the seller's unwillingness to be completely honest. Even though they're opening themselves up to a potential lawsuit if they fail to reveal known problems with the property, they may risk it if they think full disclosure may derail their chances to sell the house or get top dollar for it.

From the buyer's standpoint, the best advice to keep in mind is caveat emptor: "Let the buyer beware." Your real estate agent can fill you in on the details of exactly what a seller needs to disclose, in terms of flaws, defects, hazards, damage, repairs, infestations, and even bizarre things like paranormal activity, suicides or crimes that occurred in the house. You'll also want to know things like whether the property is in a designated flood plain, whether there are any boundary line disputes, and if there are known toxic substances on the premises or underground.

While there are many variations in seller disclosure forms (depending on state laws and local conditions), there are also standard questions in most forms. As a side note, some localities may require disclosure about hazards such as earthquakes, fires, or other potential natural disasters.

You can get an overall idea of what's included by doing an online search for property disclosure forms. Generally speaking, the most reliable sources of information are your real estate agent, a real estate attorney, or your state's Department of State.





Posted by Kathryn Varjian Ferrazzi on 5/23/2018

A home inspection enables a buyer to examine a residence and identify any underlying structural issues. Plus, the assessment allows a buyer to receive a report that details a home inspector's findings to help him or her determine how to proceed in the homebuying journey.

Ultimately, it helps to prepare as much as possible before you conduct a home inspection. If you allocate time and resources to get ready for a home inspection, you'll be better equipped than ever before to achieve the best-possible inspection results.

Let's take a look at three tips to help you prepare for a home inspection.

1. Hire an Expert Home Inspector

There is no shortage of home inspectors for hire in cities and towns nationwide. However, differentiating an average home inspector from an expert one can be difficult.

When it comes to getting ready for a home inspection, it pays to hire an expert to assess a residence both inside and out. Because if you have an expert home inspector at your side, you can learn about myriad home problems before you finalize a house purchase.

To find an expert home inspector, it helps to reach out to home inspectors in your area. Learn about each home inspector's expertise and ask for client referrals. After you perform an extensive evaluation of home inspectors, you can hire an expert home inspector to assess any residence, at any time.

2. Develop a Game Plan

If you want to achieve the optimal results during a home inspection, it helps to enter the inspection with a plan in hand. That way, you can evaluate all aspects of a residence and improve your chances of identifying both minor and major home issues.

Ensure your home inspection plan includes assessments of a house's interior and exterior, as well as a residence's attic, basement and roof. Also, you should test a home's heating and cooling system during an inspection.

3. Consult with a Real Estate Agent

A home inspection may prove to be difficult if you fail to plan accordingly. Luckily, if you hire a real estate agent, you can get the support you need to maximize the value of a home inspection.

Typically, a real estate agent will guide you along the homebuying journey. Once a seller accepts your offer on a home, a real estate agent can put you in touch with the best home inspectors in your area. Then, you, your real estate agent and your home inspector can work together to perform a successful home evaluation.

A real estate agent will provide plenty of assistance after a home inspection too. And if you are uncertain about how to proceed with a house after an inspection, a real estate agent can offer recommendations to help you make an informed decision.

Want to take the guesswork out of a home inspection? Use the aforementioned tips, and you can prepare for an upcoming home inspection.




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