Ari Koufos
REALTY EXECUTIVES | 617-799-8948 | ari@arikoufos.com


Posted by Ari Koufos on 7/27/2021


 Photo by StockSnap via Pixabay

The lawn is trimmed, the house is spotless and you're ready for a real estate agent to show off your home to a prospective buyer -- but what about your pets? Pets and showings don't always mix; the potential buyers may be afraid of or allergic to your animals -- or your pets could slip right past them and end up roaming the neighborhood. For the safety and comfort of all, confine or remove your pets during a showing in one of the following ways. 

What to do with Pets When you Show your Home

Contain them: This works best with smaller animals, like cats, petite, quiet dogs and even exotic animals like house rabbits. When they are present, but not roaming around, your pet will be safe and won't be much of a distraction. Ideally, a pet carrier or crate can be used for this purpose -- and allows your home to be shown at a moment's notice. 

Take a walk or drive: If you know when a showing is happening and will be home, then put on a leash and head to the sidewalk or car. Even a very friendly large breed dog can be alarming to some prospective buyers and any dog is a distraction. Showings don't take long, so if you can conveniently do so, taking a walk or drive gets you both out of the house and out of the way -- and ensures your home is the true focus of the visit. 

Rely on a neighbor: If you have a neighbor, friend or family member nearby that can pet sit for an afternoon, this is a good time to visit. Your pet will benefit from the attention and fresh environment and you won't have to worry about them getting out or alarming a buyer. 

Consider boarding: If your agent is holding an open house, consider boarding your pet on the big day. You won't have to worry about finding a place for them to stay and you'll be able to show the home with confidence. If you do have many people walking through the house, even a friendly pet can be overwhelmed, so this is often the best solution for all. 

Securing your pets while your home is shown will give you peace of mind about their safety and will also allow the viewers to envision themselves living there without distraction. It also gives you a chance to check all latches, doors and gates before returning your pet to their normal space -- prospective buyers could leave a door, gate or window open, allowing for an easy escape route for a curious pet. Take these simple steps before a showing and you will benefit in several key ways -- and your pets will, too. 

 




Tags: Open House   Pets  
Categories: Open House  


Posted by Ari Koufos on 7/20/2021

Photo by Emre Can from Pexels

Buying a foreclosed home may seem very attractive to you as a homebuyer. However, there're many ways that a foreclosed home differs from buying a traditional buyer/seller home. Here are a few crucial points to consider.

Find the Right Agent

The first thing that you will want to do if you’re interested in buying a foreclosure home is find the right agent. They can help you find the right homes and guide you in dealing with the bank’s agent. Many times in foreclosures there’s only one agent representing the home. If that happens, you as the buyer will work directly with the bank’s broker in order to purchase the home.

Shop Mortgage Rates

Don’t think that just because you’re buying the home from a bank that the specific bank will finance your new home. Most likely, you’ll need to shop around for rates and find a dependable lender to help you finance the purchase of the home. Be prepared to finance your purchase.

Get Pre-approved

Many sellers won’t even consider an offer without a letter certifying that the buyer has been pre-approved. They go off the market quickly, so time is of the essence and most sellers are not willing to wait the extra time for you to get settled in with an excellent offer after the fact. Making sure you’re ready before you start the home search process is a good way to secure a purchase.

Be Prepared to Buy a Home “As-Is”

A foreclosed home is not one that can be negotiated on. Due to the nature of the transaction, the price is already considered low for the market. You’ll need to do a little research to find out how fast foreclosed homes in your particular market are selling. Depending on the conditions of the market, you may need to offer more than the asking price in order to secure the home. With a little research, you should be able to make an informed offer on a foreclosed property.

Be Prepared For Repairs

Since foreclosed homes aren’t really open for negotiations, any repairs that must be made to the home are your responsibility after purchase. You’ll need to have an understanding of what must be done in the home so that you can hire the proper people to make repairs. Not to mention that you’ll need some additional funds at your disposal to start and complete tricky or dense projects. Assume that if one thing needs to be repaired, one other item nearby needs to be fixed. This would include items like the heating and air conditioning systems, appliances and structural issues.




Categories: Financing   foreclosure   Homebuying  


Posted by Ari Koufos on 7/13/2021

Photo by Kindel Media from Pexels

Whether you’re a new homeowner or have owned your home for a few years, there’s always much to learn in understanding mortgages. Depending on your financial status and your long-term plans, it may make sense to either make larger payments or to refinance your home loan.

We’ll tackle some of those difficult “what if?” questions, helping you decide when to refinance, when to keep your payments stable and when you might want to increase your monthly mortgage payments.

What Are the Benefits of Refinancing?

We’ve all heard about the benefits of refinancing when under financial stress. For things like student loans and credit card debt, refinancing is often a debtor’s only choice. However, with home loans, the allure of refinancing may not always be a good fit for you.

If your plan is to refinance to get lower mortgage payments each month, you should first question if it will be worth it in the long run, which might amount to paying more in interest. To avoid paying more in interest, refinance after you’ve accomplished important financial milestones, such as increasing your credit score, which makes you a lower risk client to banks.  

When Does It Make Sense to Pay More?

The benefits of paying off your mortgage in a shorter time are obvious. It means less time making payments and less money spent on interest.  

However, depending on your mortgage, you might be better off investing your savings in something that will give you a larger return. Investments in a retirement fund, for example, are likely to pay off to a larger degree in the long term. To do the math, calculate the savings you would earn on by cutting your mortgage interest and weigh that against projected gains in retirement funds.

Change Lenders

Your relationship with your lender will likely be a long one, so you want to make sure it’s one you’re comfortable with and that they are giving you reasonable rates. Once you’ve settled into your new home, scour your resources and ask questions. Who has the best interest rate? Do any have client perks that would benefit you? What do their contracts look like? What is their reputation like among those in a similar position?

Ask lenders for good faith estimates and compare applicable fees. Ask friends and neighbors about their experience with lenders and read online reviews to get a better idea of what type of customer experience you can expect.





Posted by Ari Koufos on 7/6/2021


53 Independence Dr, Woburn, MA 01801

Single-Family

$829,000
Price

8
Rooms
4
Beds
1/2
Full/Half Baths
Amazing opportunity to move into this beautifully renovated & maintained 8 room 4 bedroom home in one of Woburn's most desirable neighborhoods. This house has everything you need to call home right away. The upper level offers a new kitchen which includes raised ceilings, new cabinets, marble countertops, & stainless steel appliances with direct access to a large deck. Additional updates include interior painting, sanded & refinished hardwood floors throughout. The master bedroom offers new California Closets, a half bath & additional closet space. The lower level offers an additional bedroom with a large family room with fireplace with sliders to a new covered rubber paver patio and a beautiful landscaped yard with sprinkler system. All mechanical, plumbing & electrical have been updated with and on demand high efficiency gas boiler & water heater combination. New Central Air. All windows & doors have been replaced. Do not miss this opportunity to call this home yours!
Open House
Thursday
July 08 at 5:30 PM to 7:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 53 Independence Dr, Woburn, MA 01801    Get Directions

Similar Properties





Categories: Open House  


Posted by Ari Koufos on 7/6/2021


53 Independence Dr, Woburn, MA 01801

Single-Family

$829,000
Price

8
Rooms
4
Beds
1/2
Full/Half Baths
Amazing opportunity to move into this beautifully renovated & maintained 8 room 4 bedroom home in one of Woburn's most desirable neighborhoods. This house has everything you need to call home right away. The upper level offers a new kitchen which includes raised ceilings, new cabinets, marble countertops, & stainless steel appliances with direct access to a large deck. Additional updates include interior painting, sanded & refinished hardwood floors throughout. The master bedroom offers new California Closets, a half bath & additional closet space. The lower level offers an additional bedroom with a large family room with fireplace with sliders to a new covered rubber paver patio and a beautiful landscaped yard with sprinkler system. All mechanical, plumbing & electrical have been updated with and on demand high efficiency gas boiler & water heater combination. New Central Air. All windows & doors have been replaced. Do not miss this opportunity to call this home yours!
Open House
Thursday
July 08 at 5:30 PM to 7:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 53 Independence Dr, Woburn, MA 01801    Get Directions

Similar Properties





Categories: Open House