Cove Real Estate



Posted by Cove Real Estate on 12/8/2017

What happens if you receive an offer on your home that fails to meet your expectations? Ultimately, you may want to decline the offer. But before you do, there are several questions you'll want to consider, including:

1. Is the offer "fair"?

Let's face it Ė one home seller's definition of a "fair" offer may differ from another's. However, an informed home seller will be able to differentiate a "lowball" offer from a strong proposal.

A lowball offer typically fails to account for a home's condition and the current state of the housing market. As such, this proposal may fall far below a home seller's initial asking price.

On the other hand, a strong proposal may meet or surpass a home seller's initial asking price. This offer likely accounts for a home's strengths and weaknesses, along with the needs of a both the homebuyer and home seller.

2. Are there any other offers on the table?

If you receive an offer on your home, you'll probably have one to two days to decide how to proceed. And if you have multiple offers in hand, you likely have a lot to think about in a short period of time.

In some cases, the best offer is not necessarily the highest offer, and for good reason.

For instance, a homebuyer may submit an offer on a home that exceeds a home seller's initial asking price. But if this homebuyer has not been pre-approved for a mortgage, he or she likely will need to obtain financing to proceed with a home purchase.

Conversely, a homebuyer who has been pre-approved for a mortgage knows exactly how much money is at his or her disposal. When this homebuyer submits an offer, he or she may be better equipped than other homebuyers to acquire a residence.

3. Can I afford to be patient?

Consider your timeline as you debate whether to decline an offer.

If you're in no rush to sell your home, you can afford to be patient with offers on your house. Or, if you want to relocate to a new address as soon as possible, you should price your home aggressively from the get-go.

4. If I decline an offer, what will happen next?

After you decline an offer on your home, the homebuyer has the option to submit a new proposal or move on to other houses.

As a home seller, it is important to take an informed approach to home offers. With a real estate agent at your side, you should have no trouble making the best decisions on any proposals.

A real estate agent understands the ins and outs of the housing market and can help you evaluate all offers on your residence. He or she can provide you with honest, unbiased real estate recommendations and ensure you can get the best results during the home selling journey.

Collaborate with a real estate agent Ė you'll be glad you did. A real estate agent will enable you to evaluate home proposals and maximize the value of your house.





Posted by Cove Real Estate on 12/7/2017


394 Commercial Street , Provincetown, MA 02657

Provincetown

Condo

$1,300,000
Price

4
Total Rooms
2
Beds
2/1
Full/Half Baths
Be the first to own this newly constructed two bedroom, two and half bath condominium in Provincetown's East end. This amazing 1250 square foot home offers amazing views of Provincetown Bay and has all the bells and whistles. High end finishes, lots of extras and a great mix of the old style charm and all the modern conveniences. On one level, this condo has high ceilings, gas fireplace and great natural light. Parking for one car, laundry and just a short walk to Provincetown center. Buyer to assume outstanding sewer betterment.
Open House
No scheduled Open Houses

Similar Properties





Tags: Real estate   Condo   02657   Provincetown  
Categories: New Homes  


Posted by Cove Real Estate on 12/1/2017


26 Pleasant Street , Provincetown, MA 02657

Provincetown

Condo

$399,000
Price

2
Total Rooms
1
Beds
1
Baths
West End Renovated One Bedroom..This great one bedroom condo in a small 5 unit association is priced to sell! There have been many nice upgrades to the unit over the past few years. A single-zone split A/C and heat system was installed in 2012. The bathroom was renovated in March of 2014 to include a tiled shower with new fixtures, new washer/dryer, new toilet and and new beadboard walls. All new windows and blinds were installed on March of 2015 and recessed lighting was added in March of 2017. There is also an attached deck for the exclusive use of this unit's owners. All this and a low condo fee of $234.33 a month which includes heat and hot water. This condo is very conveniently located on a quiet side street while only a short distance from Commercial Street and all that Ptown
Open House
No scheduled Open Houses

Similar Properties





Tags: Real estate   Condo   02657   Provincetown  
Categories: New Homes  


Posted by Cove Real Estate on 12/1/2017

One of the first and most important things that you should do when you buy a home is to be sure that youíre on top of your finances. Before you even begin the home search, youíll need to be sure that you have money in the bank and know your credit score. What you really need is a plan. 


Set Up A Savings Account For Your Future Home


Having a separate account set up just to help you save for your down payment and other home costs can be very helpful. Find a bank with a bit of a higher interest rate. Often, online banks are your best bet. If youíre able, set up automatic transfers from one account to another for a set amount each month. Youíll be saving before you know it! 


Set Goals


If you have no idea of what you want, it will be difficult to understand what you need to do to get there. Typically, itís a good idea to have 20% of a homeís purchase price saved for your down payment. Putting 20% down also helps you to avoid the additional cost of PMI, also known as private mortgage insurance. Once you have a goal, donít look at the big picture. Break down your big goal for savings into smaller bits to make it less overwhelming. 


Make Savings Automatic


Weíve already mentioned the idea of setting up an automatic transfer, but you can do even more. When you are gifted money, instead of spending it, put it in your home savings account. If you get a bonus from work, save it. If you get a raise, live off of your previous income and use the additional income for savings. All of these little actions add up fast. When you make savings habit, itís easier to reach your goals. 


See Where You Can Cut Costs


Thereís probably plenty of places that you can cut costs in your budget. Sit down and see how much your expenses actually are compared to how much you actually do spend. Can you opt out of cable TV? Maybe you can reduce the speed of your internet connection, or find a cheaper cell phone plan. If you take a close look at your expenses, thereís probably plenty of ways for you to  cut back and save.


Sell Your Stuff


Weíre not talking about selling your essentials, but if you have things around your home that youíre not using, thereís a better use for them. You can probably get some extra cash for these items by selling them. Itís so simple to sell things on the Internet these days that you can make some money and get rid of unwanted things pretty easily.  


Focus

With a bit of focus, hard work and diligence, you can save up enough money for a down payment on a home. Donít forget to keep all of the other aspects of your financial life in order such as paying your bills on time and not opening new credit accounts. Good luck with your savings goals!





Posted by Cove Real Estate on 11/29/2017

This Single-Family in Truro, MA recently sold for $660,000. This Cape style home was sold by - Cove Real Estate.


14 North Union Field Road , Truro, MA 02666

Truro (village)

Single-Family

$669,000
Price
$660,000
Sale Price

4
Total Rooms
3
Beds
3
Baths
New Construction Nearing Completion...This beautiful 3 bedroom, 3 bath home should be ready for occupancy by the end of November. It will have all the bells and whistles..granite countertops, tiled baths, hardwood floors throughout the home, with the exception of tile in the baths. Master bath will have radiant heat. Other features will include unfinished basement with interior access; propane heat, hybrid electric hot water heater and central air; wired for speakers on both floors; LED flush mount recessed lighting; outdoor shower, gas fireplace; landscaping to include loam and seed yard with plantings on both sides of front entry and a screened porch on right side of the house. There will also be a shell driveway and walkway to the property. This home is sure to please. Come take a look!

Similar Properties





Tags: Real estate   02666   Truro   Single-Family  
Categories: Sold Homes