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


Posted by Ari Koufos on 2/5/2020


105 Holt St, Watertown, MA 02472

Single-Family

$529,000
Price

6
Rooms
3
Beds
1
Baths
Remarkable opportunity to renovate this nice side entrance 6 room 3 bedroom 1 bath Colonial located in the sought after West End of Watertown near Waverley Sq. Roof and windows have been updated over time. Gas furnace has been replaced. First floor offers a traditional floor plan with Living room, dining room, & large eat-in kitchen. Second floor offers 3 bedrooms & 1 bath. Walk-up third floor perfect for future expansion. Nice deck with spacious back yard. Come visit and see the potential of this home.
Open House
Saturday
February 08 at 12:00 PM to 1:30 PM
Cannot make the Open Houses?
Location: 105 Holt St, Watertown, MA 02472    Get Directions

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Categories: Open House  


Posted by Ari Koufos on 2/4/2020

Photo by Halfpoint via Shutterstock

When it comes to conserving energy, homeowners wanting to go green often spare no expense. Here are a few ways to upgrade your home without lightening your wallet.

Smart Thermostat

A powerful method to control your power use while saving money on your air conditioning bills in the summer and heating bills each winter is by installing a smart thermostat. Utilizing a system that monitors the indoor and outdoor humidity and temperatures to adjust your system keeps your home on an even keel and your bills steady. Choose one with multiple sensors so that you don’t end up with hot spots or cold rooms around your home. You can adjust your thermostat manually, but the best way to make it smart is to connect it to a smartphone or voice-controlled device.

Motion Sensing Dimmers

You try your best, but there’s always one room where it seems the lights get left on more often than you’d like. The challenge is, it’s the same room that’s often empty most of the day, so no one even notices the lights burning. To combat this issue, replace the standard light switch with a sensing dimmer switch. That way, if someone’s in the room, the light turns on, but when there’s no one moving around, off it goes. And, when daylight comes in the windows, the sensor knows to keep the light off.

If you’re retrofitting an older home, replace pull-chain lights in basements and utility rooms with a motion-sensing light so that you never have to stumble around waving your arms in front of you trying to grab the string to the pull-chain.

Adjustable LEDs

On the subject of lights, Take it up (or down) a notch with a 3-way LED. The equivalent of a 60-watt bulb can adjust from soft, warm light to bright, daylight with built-in wireless technology at the sound of your voice when connected to your smartphone or smart home.

If you’re looking for ways to make your home appeal to a more energy-conscious set of buyers, try utilizing these inexpensive, smart home technologies.




Categories: Home improvement   homeowner  


Posted by Ari Koufos on 1/29/2020


38 Wilmot St, Watertown, MA 02472

Single-Family

$649,000
Price

9
Rooms
4
Beds
1
Baths
Unique well maintained 9 room 4 bedroom 1 bath Cape located in the sought after West End of Watertown in an established neighborhood. This home has been in the same family for many years & is ready for a new owner to enjoy as much as the current family did. This home features a bright & sunny living room with fireplace, formal dining room, eat-in kitchen, first floor bedroom plus a bonus office room. Full renovated bath on the first floor level. Top floor spacious bedroom with an additional 2 bedrooms. Heated finished lower level perfect for family room. Gas furnace with 3 zones of heat. Circuit breaker electric panel, roof approximately 14 years of age. Wall a/c unit in top floor. Laundry & additional storage in lower level. Nice deck off of kitchen leading to a nice fenced in back yard. Don't miss this opportunity to be a part of this growing community. Welcome Home!
Open House
Saturday
February 01 at 12:00 PM to 1:30 PM
Cannot make the Open Houses?
Location: 38 Wilmot St, Watertown, MA 02472    Get Directions

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Categories: Open House  


Posted by Ari Koufos on 1/28/2020

If you’re planning on buying a home in the near future and are confused about many of the terms associated with mortgages, you’re not alone. Real estate is its own industry with its own set of processes, terms, and acronyms. If you’re new to the home buying process, there can be somewhat of a learning curve to understand what each of these terms means.

Since buying a home is such a huge investment and life decision, there’s a lot of pressure on home buyers to make sure they get everything right. This makes for a stressful situation for buyers who don’t feel like they understand the terminology of things like mortgages, appraisals, credit reports, and other factors that contribute to the home buying process.

To alleviate some of those concerns and to make the home buying process run more smoothly, we’ve compiled a list of the most common, and most commonly confused, real estate words, terms, and acronyms. That way, when you’re talking things over with your real estate agent or your mortgage lender, you’ll be confident that you understand exactly what’s being considered.


Read on for our real estate terminology glossary.

  • Adjustable rate mortgage (ARM) - This is one type of home loan. Mortgage rates with this type of loan fluctuate throughout the repayment term of the loan. The fluctuation is based on a market indicator.

  • Fixed rate mortgage (FRM) - Another type of home loan, a fixed rate mortgage has a rate which does not fluctuate, remaining constant for the life of the term, most commonly 15 or 30 years.

  • Appraisal - An appraisal is the determination of the value of a property. Appraisals are used when purchasing and selling a home, as well as when refinancing a home loan. Appraisers are required to be licensed or certified in each state and are usually paid for by the lender.

  • Appreciation - An increase in a property’s value, most commonly due to market inflation, or the general increase in home prices over time.

  • Depreciation - A decrease in a property’s value, due to either market deflation (uncommon) or the wear and tear on a home that comes with age.

  • Closing costs - The costs and fees that a buyer is responsible for when purchasing a home or taking out a mortgage. These include underwriting fees, inspections, appraisals, transfer taxes, and more. Closing costs typically range from 2% to 5% of the total loan amount.

  • Contingency - Home purchases have contracts to protect the interest of the buyer, seller, and lender. Contingencies are provisions designed to protect the buyer or lender should something occur in the time leading up to closing on (or purchasing) the home. One common contingency is the buyer’s right to have a final inspection of the home before closing to ensure no new issues with the home have occurred.

  • Private mortgage insurance (PMI) - Buyers who cannot afford a down payment of %20 typically are required to take out a private mortgage insurance policy. This policy protects the lender should the borrower default (fail to repay or meet the conditions of their loan).







Posted by Ari Koufos on 1/23/2020


38 Wilmot St, Watertown, MA 02472

Single-Family

$649,000
Price

9
Rooms
4
Beds
1
Baths
Unique well maintained 9 room 4 bedroom 1 bath Cape located in the sought after West End of Watertown in an established neighborhood. This home has been in the same family for many years & is ready for a new owner to enjoy as much as the current family did. This home features a bright & sunny living room with fireplace, formal dining room, eat-in kitchen, first floor bedroom plus a bonus office room. Full renovated bath on the first floor level. Top floor spacious bedroom with an additional 2 bedrooms. Heated finished lower level perfect for family room. Gas furnace with 3 zones of heat. Circuit breaker electric panel, roof approximately 14 years of age. Wall a/c unit in top floor. Laundry & additional storage in lower level. Nice deck off of kitchen leading to a nice fenced in back yard. Don't miss this opportunity to be a part of this growing community. Welcome Home!
Open House
Saturday
January 25 at 12:00 PM to 1:30 PM
More Open Houses
Cannot make the Open Houses?
Location: 38 Wilmot St, Watertown, MA 02472    Get Directions

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Categories: New Homes