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


Posted by Ari Koufos on 11/13/2018

The kitchen is one of the busiest rooms in a home. Not just a place to cook meals itís also often the entrance to a home and where families gather together at the end of the day. Arguably, itís also the most important room in the home and the one home buyers should be most astute of.

The kitchen is one of the most expensive rooms to remodel ranging between $20,000 and $50,000. Whether youíre eager for some renovation projects or looking for a move-in ready home, youíll want to assess the level of work this room will need as your shop potential houses.

Start with perhaps the most obvious - is the room large enough for your daily needs? Is there plenty of counter space or room to expand cabinetry? Do you have a lot of kitchen tools that call for plenty of storage space or perhaps prefer an island to prep dinner at? Know what your ideal kitchen space ahead of time, especially if it is a priority, so your realtor can help you find the perfect fit.

Check that all appliances to ensure they are in working order as per the disclosure statement claims. Appliances are a big expense and youíll want to have a good idea of what will need replacing or to be installed. Consider if they are an easy color to match when it comes time for replacement and if any are under warranty.

Youíll also want to examine the cabinetry. Check to ensure all drawers and cabinets are properly aligned and open smoothly. If they are wooden cabinets you can easily swap out hardware or change the color if youíre not a fan of the current style. However, other materials are not as convenient so consider replacement costs if youíre unhappy with the current installation.

Countertops can be another major expense. Have the granite countertops been properly taken care of? If they are laminate are they scratched or chipped? If this isnít an upgrade youíre looking to make, be sure to look closely at what each home already has in place.

Kitchens are one of the busiest rooms in your home, especially if you love to cook. Check flooring for loose tiles, discoloration or poorly maintained wood flooring. This tells you a few things. Firstly, the quality of the materials used to build the home. And secondly, how well the house has been maintained over time.

Remodeling isnít on everyone's list when house shopping. And with kitchenís being one of the most expensive to renovate, this is one room you want to pay extra attention to as you view each potential home. Happy house hunting!





Posted by Ari Koufos on 11/9/2018

This Multi-Family in Arlington, MA recently sold for $999,000. This style home was sold by Ari Koufos - REALTY EXECUTIVES.


11 Newton Rd, Arlington, MA 02474

Multi-Family

$999,000
Price
$999,000
Sale Price

2
Units
2,808
Approx. GLA
Well Maintained Spacious Two family Located just outside Arlington Center and close to Parallel Park convenient to all restaurants, shopping & transportation. Home has many updates which include newer roof, windows, furnaces & more. First floor offers 6 rooms 2 bedrooms 1 bath with gleaming hardwood floors. Large living room, formal dining room, sunroom. Second floor has 2 levels with 8 rooms 4 bedrooms 2 full baths with a spacious living room, nice dining room, sunroom, private back porch & refinished hardwood floors. Laundry hook-ups in basement for both units along with storage. Two car detached garage with additional parking. This home is ready for a new buyer whether an investor or owner occupied.

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Categories: Sold Homes  


Posted by Ari Koufos on 11/6/2018

There are a number of programs, government-sponsored and otherwise, that are designed to help aspiring homeowners find and get approved for a mortgage that works for them.

Among these are first-time homeowner loans insured by the Housing and Urban Development Department, mortgages and loans insured by the USDA designed to help people living in urban and rural areas, and VA loans, sponsored by the U.S. Department of Veterans Affairs.


In todayís post, Iím going to give you a basic rundown of VA loans, who is eligible for them, and how to apply for one. That way youíll feel confident knowing youíre getting the best possible deal on your home mortgage.


What is a VA Loan?

VA loans can provide soon-to-be homeowners who have served their country with low-interest rates and no private mortgage insurance (PMI).

If youíre hoping to buy a home soon and donít have at least a 20% down payment, you typically have to take out private mortgage insurance. This means paying an extra insurance bill on top of your monthly mortgage payments. The downside of PMI is that it never turns into equity that you can then use when you decide to move again or sell your home.

Loans that are guaranteed by the VA donít require PMI because the bank knows your loan is a safer investment than if it wasnít guaranteed

VA loans may also help you secure a lower interest rate, or give you some negotiating power when it comes to discussing your interest rate.

Finally, VA loans set limits on the number of closing costs you can pay in your mortgage. And, if youíve ever bought a home before, youíll know how quickly closing costs can add up.

Who is eligible?

There are some common misconceptions about who can apply for a VA loan? So, weíll cover all the bases of eligibility.

If you meet one of the following criteria, you may be eligible for a VA loan:


  • Youíve served 90 consecutive days during wartime

  • Youíve served 181 days during peacetime

  • Youíve served six or more years in the Reserves or National Guard

  • Your spouse died due to their work in the military

There are some restrictions to these eligibilities. For example, your chosen lender may still have credit score minimums.

Applying for a VA Loan

There are two main steps for applying for a VA Loan. First, youíll have to ensure your eligibility. You can do this by checking the VAís official website. Be sure to call them with any questions you may have.

Next, youíll need a certificate of eligibility. The easiest way to acquire one is through your chosen lender.  If you havenít chosen a lender, you can also apply online through the eBenefits portal, or by mailing in a paper application.

Once you have a certificate, you can apply for your mortgage and youíll be on your way to buying a home.





Posted by Ari Koufos on 11/2/2018

This Multi-Family in Belmont, MA recently sold for $973,000. This style home was sold by Ari Koufos - REALTY EXECUTIVES.


121-123 Hammond Rd, Belmont, MA 02478

Multi-Family

$979,000
Price
$973,000
Sale Price

2
Units
3,070
Approx. GLA
2-family in desirable Cushing Square neighborhood. Each unit offers fireplaced living room, formal dining room with built-in china cabinet and walk-through pantry to eat-in kitchen, sun room, den, two bedrooms, full tiled bath and open rear porch. Upper unit also has walk-up attic with heated 3rd bedroom and large unfinished room for storage or expansion. Features include hardwood floors, natural woodwork, crown molding, 1st floor window seat, built-in bookcases, ceiling fans and gas cooking/heat/hot water.

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Categories: Sold Homes  


Posted by Ari Koufos on 11/1/2018

This Single-Family in Waltham, MA recently sold for $525,000. This Colonial style home was sold by Ari Koufos - REALTY EXECUTIVES.


110 Alder St, Waltham, MA 02453

South Waltham

Single-Family

$549,000
Price
$525,000
Sale Price

7
Rooms
3
Beds
1/1
Full/Half Baths
Spacious 3 Bedroom 1.5 Bath Side Entrance Colonial located in Waltham's South Side walking distance to the sought after Moody Street restaurants, shopping and easy access to route 128 & the Mass Pike. Updated Kitchen with Cherry Cabinets, granite counters & SS Appliances with open floor plan to eat-in area. Nice living room, bright & sunny dining room with slider to deck leading to a large fenced yard. Separate laundry room on first floor with half bath. Second floor offers 3 spacious bedrooms and one bath. Walk-up attic with future expansion possibilities. Additional updates include roof, forced hot air furnace, water heater, & circuit breaker electric panel.

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Categories: Sold Homes