Duarte/Downey Real Estate Agency, Inc



Posted by Duarte/Downey Real Estate Agency, Inc on 8/6/2017

Whether you’re buying or selling a home, one of the most important parts of the process is the negotiation phase. This means different things whether you’re buying or selling a home. When you’re selling a home, you’re usually looking to get the most money for your home that you possibly can. If you’re buying a home, you want the lowest possible price for the home. Hence, the reason for real estate negotiations. Buyers and sellers must meet somewhere in the middle. For your consideration, we’ll break down some of the most important aspects of the real estate negotiation process. The Cost Means Different Things As we stated above, buyers want the lowest price, while sellers want the highest price possible for a home. Whatever side you’re on, expect to meet somewhere in the middle. The price of the home has to make sense for both sides. The seller wants the sale of their home to make sense financially and the buyer wants to home to fit into their budget while getting the things they desire out of the home. The Financing Process Is Complicated If you have your mortgage fully approved prior to making an offer, you’ll be able to shorten the closing time of the home. The reason for this is that the preapproval shows that all of the buyer’s finances are in order and there will be no financial problems in the transaction. Sellers often prefer these buyers since they can be trusted to close properly and there won’t any issues with the real estate transaction. The property also won’t be on hold for months on end. The Date Of Closing Matters If sellers need to get their home off of the market fast, they can negotiate when the closing date will be. As a buyer, this matters because the next month’s mortgage payment is skipped once you close on a house. The closing date affects when exactly this payment doesn’t need to be made, which can have a positive effect on your finances when it’s timed right. Closing Costs Are Actually Paid Upfront Escrow is when the mortgage company holds the money for taxes and insurance, which is the prepaid closing costs. Buyers sometimes ask sellers to pay a portion of the closing costs. This could be a flat fee or up to 3 percent of the included mortgage. This could all have an effect on the asking price for the home. Just Like A Car, Homes Can Come With Warranties Buyers can ask for a warranty on the home, or the seller can offer one. This warranty typically covers the home’s appliances and utility systems. This provides a protection if things like the air conditioning or the dishwasher break after a certain period of time and need repair. This may make the home extra enticing to buyers and give sellers an advantage to get their home off the market quickly.





Posted by Duarte/Downey Real Estate Agency, Inc on 7/22/2017


1 Cooper Circle , Truro, MA 02666

Truro (village)

Single-Family

$899,000
Price

7
Total Rooms
4
Beds
3
Baths
Located in South Truro overlooking the famous Hopper House is this lovely 4 bedroom, 3 bath contemporary home with wraparound decks and screened porch. Mesmerizing views over the tranquil meadows between Fisher Beach and Ryder Beach and capturing the Hopper House in the distance can all be enjoyed from the light filled living room with lots of windows, vaulted ceiling and the quaint kitchen which has sliders that open to a beautiful screened porch on the expansive wraparound deck. There's a good sized master bedroom with master bath, second bedroom, lots of closets and full bath also on that second level. The first level encompasses 2 other bedrooms, full bath, utility room, lots of closets and a one car garage. A bonus separate building with electricity and windows is ideal for an
Open House
No scheduled Open Houses

Similar Properties





Tags: Real estate   Single-Family   02666   Truro  
Categories: Price Change  


Posted by Duarte/Downey Real Estate Agency, Inc on 7/17/2017


15 Meetinghouse Road , Truro, MA 02666

Truro (village)

Single-Family

$649,000
Price

5
Total Rooms
3
Beds
2
Baths
Water Views are seen from this high on a hill 3 bedroom 2 bath Contemporary home. Enjoy water views from your sun-filled living room with beautiful hardwood floors, lots of windows and sliders to a large deck for cookouts, entertaining or just relaxing. The bright dining area opens into the kitchen and just around the corner is the master bedroom with bath. A spiral staircase leads to a loft with even better views of the water and is ideal for office space or a peaceful place to unwind. On the entry level are 2 more bedrooms, full bathroom, utility room and a large mudroom to put your beach gear and bicycles.
Open House
No scheduled Open Houses

Similar Properties





Tags: Real estate   Single-Family   02666   Truro  
Categories: Price Change  


Posted by Duarte/Downey Real Estate Agency, Inc on 6/30/2017


5 Holsbery Road , Truro, MA 02666

Truro (village)

Single-Family

$849,000
Price

7
Total Rooms
3
Beds
3/1
Full/Half Baths
Beautiful, Private, Comfortable, Custom Built Home, and Primarily one floor living with all of today's creature comforts. This 3 Bedroom, 3.5 bath meticulously crafted and cared for home is nestled in the Heart True Cape Cod. 3 season porch off the living room; large deck for outdoor dining next to screen porch, 2 Car Garage. Master suite is on opposite side of house from main floor guest room. 2nd Private Guest room and bath are on the 2nd level. All Bedrooms have en Suite Bathrooms. Great Family/Entertainment Room. Gas fireplace; Vaulted Ceilings; Wood Floors; Central Air; 3 zones to control heat or a/c; ceiling fans in nearly every room. Built to enjoy the tranquility of the Outer Cape. Convenient to Bay and Ocean Beaches, Pamet Harbor, Truro Center and Castle Hill Center for
Open House
No scheduled Open Houses

Similar Properties





Tags: Real estate   Single-Family   02666   Truro  
Categories: Price Change  


Posted by Duarte/Downey Real Estate Agency, Inc on 6/11/2017

Few experiences are as exciting, motivating or as costly as buying  a new house. It's easy to get so focused on the chance to live in a larger, more luxurious house or a smaller, more open residence that you forget how important it is to choose the right real estate agent.

Avoid getting scammed when you house hunt

Yet, it's a real estate agent who will introduce you to hidden treasures on the house market. It's also a real estate agent who will tell you about neighborhoods, area businesses, property taxes and average, high and low house prices in the area you want to move to. Go with the wrong real estate agent or real estate agency and you could regret it. Steps to avoid getting scammed include:

  • Logging onto state license agency websites and confirming that real estate agents you want to work with have an active license. Check out other licenses that the real estate agent has. For example, some realtors have broker and real estate sales licenses.
  • Read reviews on real estate agents. If you don't see reviews on individual agents, pay attention to reviews on real estate agencies that the realtor works with. Reputable agencies generally shy away from poor real estate agents.
  • Verify that mortgage brokers are legitimate. Also, confirm that mortgage brokers are not currently or  have not in the past been involved with mortgage scams.
  • Ask people you know to recommend real estate agents to you. Ask these people why they are recommending the agents to you.
  • Pay attention to your gut instinct. If you get a feeling that a deal sounds too good to be true, pause and check the deal out more fully. There are lots of good houses on the market. It's better to get a good, legitimate mortgage deal than it is to rush into a bad deal.
  • Consider working with a real estate attorney. Ask the attorney to review all contracts before you sign them.
  • Conduct research on realtors and mortgage companies to make sure that they have not been involved in price fixing, kickbacks or illegal cross selling.
  • Get an independent inspection performed on the house that you are serious about buying.
  • Compare prices and contract deals that mortgage brokers offer on a house with what other mortgage lenders offer.
  • Log into secure accounts when sharing personal information with mortgage lenders. Don't simply hand workers at mortgage companies papers with your personal information on them.
  • Shy away from mortgages that entice you into signing contracts that don't require you to put a down payment on a house.
  • Steer clear of mortgages that don't require you to buy homeowners insurance.

Search for real estate scams on the Internet and may be surprised how many stories pop up. Real estate scams happen in the residential and commercial markets. With a little research, you could avoid getting scammed. Avoid being part of a real estate scam and you can save money, headaches and court proceedings. You can also get an honest deal on a good house.




Categories: Uncategorized