William Manchenton - Coldwell Banker Residential Brokerage



Posted by William Manchenton on 4/7/2020

If you receive an offer to purchase from a property buyer and decide to submit a counter-offer, it is important to err on the side of caution. Because if your counter-proposal fails to meet a buyer's expectations, you risk missing out on the opportunity to sell your house and maximize your home sale earnings.

When it comes to reviewing an offer to purchase and submitting a counter-proposal, it helps to prepare as much as possible. Fortunately, we're here to help you perform a full analysis of a homebuying proposal and ensure that you can submit a counter-offer that matches the expectations of both you and a buyer.

Now, let's take a look at three tips to help you put together a "fair" counter-proposal to a buyer's offer to purchase your home.

1. Use Housing Market Data to Your Advantage

Take a look at local housing market data you'll be glad you did. If you take a data-driven approach to craft a counter-offer, you may be better equipped than ever before to put together a counter-proposal that meets the needs of all parties involved in a property sale.

Analyze the prices of recently sold houses in your city or town that are similar to your own. Furthermore, find out how long these residences were available before they sold. With this housing market data in hand, you should have no trouble crafting a fair counter-proposal.

2. Consider the Buyer's Perspective

As you examine a buyer's initial offer to purchase, think about why this individual chose to submit the proposal. Try not to get emotional if you feel the offer is too low; instead, think about how you can work with a buyer to find common ground.

Oftentimes, it helps to maintain open communication with a buyer. If you put together an counter-proposal that accounts for the buyer's perspective and keep in touch with this individual, you and a buyer may be able to work together to come to a fair agreement.

3. Consult with a Real Estate Agent

If you are unsure about what to propose as part of a counter-offer, there is no need to stress. In fact, if you collaborate with a real estate agent, you can get the assistance you need to craft a counter-proposal that may lead to an instant "Yes" from a buyer.

Usually, a real estate agent will inform you about an offer to purchase your home and provide recommendations and suggestions as you craft a counter-proposal. He or she also will negotiate with a buyer's agent on your behalf. And if you ever have concerns or questions during the property selling journey, a real estate agent is happy to address them.

Allocate time and resources as you craft a counter-offer. If you consider the current state of the real estate market and the buyer's perspective, you could increase your chances of putting together a counter-proposal to close a deal on your home. Perhaps best of all, you can submit a counter-offer that allows both you and a buyer to achieve your respective goals faster than ever before.




Categories: Uncategorized  


Posted by William Manchenton on 4/1/2020

This Single-Family in Westford, MA recently sold for $300,000. This Ranch style home was sold by William Manchenton - Coldwell Banker Residential Brokerage.


11 Oak Hill Rd, Westford, MA 01886

Single-Family

$300,000
Price
$300,000
Sale Price

4
Rooms
2
Beds
1
Baths
THIS LARGE 2 BEDROOM HOME HAS ROOM FOR EXPANSION: This property is Ideal for an owner occupant or investor. There are two large bedrooms, large living rooms, partially finished basement, two fireplaces, walkup attic and a one car garage. Flooring is a mixture of hardwood, vinyl and carpet. All inspection costs are the responsibility of the buyer including smoke detectors. The buyer will also assume responsibility for utility turn-on and turn-off for inspections. Buyer and buyer agent must due diligence and verify all information. The condition of the property may not support the connection of utilities and no repairs will be done by the Purchaser or Seller to make the property available for connection or de-winterization. This is a Fannie Mae property

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Categories: Sold Homes  


Posted by William Manchenton on 3/31/2020

This Condo in Haverhill, MA recently sold for $244,900. This Townhouse style home was sold by William Manchenton - Coldwell Banker Residential Brokerage.


104 Farrwood Dr, Haverhill, MA 01835

Condo

$244,900
Price
$244,900
Sale Price

6
Rooms
2
Beds
1/1
Full/Half Baths
Back on market due to financing issues, see remark at end. Terrific six room, two bedroom, three level townhouse condo at Farrwood Green! Spacious rooms, large bedrooms, central air, finished basement, balcony/deck and lower level patio overlooking serene, private backyard and woods. Eat in kitchen is fully applianced with a new dishwasher, sink and disposal. Slider to deck. Freshly painted kitchen and living room. Lower level family room is huge, slider leads to patio and backyard. Brand new circuit breaker panel installed in November! Assigned parking space and plenty of additional common spaces for visitors. Washer/dryer hookups on the lower level. Situated near the Andover line, great access to 495, beaches, NH shopping, perfect for commuting. Seller can accommodate a quick closing. Come see! Important note: Association only maintains reserve account of 5%, lenders often require a reserve of 10%. Please confirm with lender before submitting offer.

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Tags: Real Estate   Condo   Haverhill   01835  
Categories: Sold Homes  


Posted by William Manchenton on 3/31/2020

If you intend to purchase a house, it may be beneficial to pursue residences before summer. In fact, some of the key reasons to enter the housing market prior to summer include:

1. Many high-quality houses likely will be available.

Winter often represents a slow period for home sellers. However, when spring arrives, many sellers usually are ready to list their properties. And as a result, you may be able to choose from dozens of top-notch residences if you conduct a home search prior to summer.

In addition, it may be a good idea to enter the housing market with homebuying criteria in hand. Because if you establish homebuying criteria, you can accelerate your home search and quickly discover a great house that matches or exceeds your expectations.

2. You can secure home financing in no time at all.

Many banks and credit unions are happy to help you secure a mortgage. If you decide to pursue a home before summer, you may be able to take advantage of favorable mortgage interest rates.

You should consult with a variety of banks and credit unions before you kick off a house search. This will enable you to learn about a wide range of mortgage options and receive comprehensive mortgage insights. Then, you can select a mortgage with a favorable interest rate that will ensure you can purchase a terrific residence without breaking your budget.

3. You can receive expert guidance throughout the homebuying journey.

If you conduct a pre-summer home search, you can hire a first-rate real estate agent to help you find and buy your ideal residence. This housing market professional will go above and beyond the call of duty to assist you and will make it simple for you to purchase a wonderful residence at a budget-friendly price.

Typically, a real estate agent will meet with you and learn about your homebuying goals. He or she next will craft a homebuying strategy to help you buy a house on your timeline.

For homebuyers who want to streamline the homebuying journey, hiring a real estate agent is crucial. This housing market professional can provide deep insights into the real estate sector that you might struggle to obtain elsewhere. By doing so, a real estate agent will teach you about the ins and outs of the real estate market and help you make an informed homebuying decision.

Let's not forget about the assistance that a real estate agent provides after you submit an offer to purchase a home, either. A real estate agent will help you finalize a home purchase before summer arrives and do everything possible to ensure you can seamlessly go from homebuyer to homeowner. Thus, if you need help setting up a home inspection or preparing for a house closing, a real estate agent is ready to assist you.

Want to acquire a home before summertime arrives? Collaborate with a real estate agent, and you can receive plenty of support as you navigate the homebuying journey.




Categories: Uncategorized  


Posted by William Manchenton on 3/24/2020

Photo by Randy Fath on Unsplash

Outdoor living areas give you opportunities to spend more time outside during the year. Instead of a traditional patio or deck, consider adding an elaborate outdoor living room, kitchen and dining area. These are a just a few ideas to think about including in your high-end outdoor living area, so you’ll have a spacious and comfortable place to entertain guests outside or relax with your family. 

Outdoor Gourmet Kitchen

Your outdoor kitchen can go far beyond a simple gas grill. With the right setup and equipment, you can prepare full meals outside. Outdoor kitchens can have ovens, cooktops and side burners that allow you to make side dishes or desserts while you’re grilling your main entree. You can also invest in a double-sided grill that lets you grill meat and vegetables separately or use charcoal on one side and gas on the other side. Other outdoor kitchen features to consider include a wood-fired pizza oven, warming drawers to keep food heated, full refrigerator and freezer, sink and even a dishwasher for easy cleanup.

Outdoor Dining Room

An outdoor dining room for your luxury home offers an inviting place to savor meals with family and friends. Set up a rustic dining area with a reclaimed wood table and chairs, or arrange an elegant, classic outdoor dining area with a wrought-iron table and chairs. Your outdoor dining room can be uncovered and open, so you can enjoy plenty of sunshine or views of the night sky at evening meals. For a more secluded feel, you can add a roof to your outdoor dining area, and use drapes or curtains around it to create a cozy atmosphere. 

Outdoor Living Room

Having an outdoor living room provides you with a place to read, watch a movie or show or sit with others while enjoying fresh air. You can fill your outdoor living room with an upscale furniture set that’s designed for use outside. Your living room can also have a large stone or brick fireplace or hearth for a rustic look that keeps this area warm when it’s cooler out. Place a fireplace or hearth at one end of your outdoor living room with your TV over it, or have a fireplace or hearth installed in the middle of this area with built-in seating all around it.

If you’re using your outdoor living room for watching movies or TV, consider installing a state-of-the-art entertainment center that can be used outdoors. Depending on space and your personal preferences, you can even set up an outdoor movie theater area with plush seating, a popcorn machine and a high-end sound system.




Categories: Uncategorized