June 06, 2007

Mass AG Imposes Regulations On "Foreclosure Rescuers"

Massachusetts Attorney General Martha Coakley imposed new emergency regulations to curtail “foreclosure rescuers” who have been accused of cheating consumers out of their homes, the Boston Herald reported June 1, 2007.

The regulations would bar so-called “foreclosure rescuers” from making profits on homeowners struggling to afford their mortgage payments.

The new regulations do not apply to non-profit groups or family members who step in to try to help people burdened with mortgages they can't pay.

“'These ‘rescuers’ take a bad situation - foreclosure - and make it worse by liquidating any remaining equity in the homes,' Coakley said in a statement."

Read This Article

May 18, 2007

Pimp My Garage

Garagearticle_2 Before you build that great room, gourmet kitchen or over-the-top master bathroom, check out this garage. An article in the Boston Sunday Globe on May 13, 2007 reports that garages are not just for parking cars any more.

"Experts say garage makeovers are this decade's fallout trend from the 1980s push for closet organization and the 1990s zeal for kitchen remodeling.

"According to an April 2005 report by the market research firm Packaged Facts, homeowners spent $800 million on garage organizing products in 2004 and $1.25 billion on garage and shed storage products combined. The report projected that spending on garage makeovers would grow to $1.59 billion in 2009 -- making it one of the fastest-growing segments of the home-improvement industry."

Read This Article

May 04, 2007

Change Your Locks After Buying A Home

One of the first things after closing I always strongly suggest to my clients is to change the locks at their new home.

It doesn't matter who sold you the home. You just never know who might have been given a key over the years. A contractor who then gave it to some employees? A crazy cousin? You just never know.

Apparently calling just any locksmith could be a hassle and costly.

Your best bet is to find a locksmith who is a member of the Massachusetts Locksmiths Association.

I'm told that it is not that hard to do it yourself, but I'm not very handy, so I'll be calling the locksmith.

April 18, 2007

Great Ideas For Paint

It's amazing what some creative use of paint can do to transform a home.

Whether you're considering ideas for your new home or trying to imagine that tired old decor in the charming house you're considering buying, the On Interior Design blog has a great post about 10 Tips On Choosing Paint . In addition, there are posts about testing paint colors and Going Green With Paint.

The Benjamin Moore color viewer is a neat tool to use when considering colors and HGTV has design tools to help you with all your home improvement and decorating projects.

The On Interior Design blog is published by Boston-based interior designer Abbey Koplovitz, and it has some great before and after photographs of completed projects.

April 07, 2007

Add Some Curb Appeal

Does your home have curb appeal? Better make sure the answer is “yes” before you put it on the market. According to the National Association of REALTORS® (NAR), it just may make the difference between selling your property quickly, or having it linger on the market for months.

It's true. Homes that appeal to the eye at first glance sell faster. There isn't any doubt about it.

Just a few short years ago, when mortgage rates were a little lower and the housing market was booming, homes were selling almost as quickly as they hit the market. Statistics show it is now taking much longer to sell a home.

How about the properties you've gone to see? Do they have curb appeal? If not, you might be able to find a diamond in the rough. If you can see past what are typically cosmetic issues that are easily corrected, there is the potential for a good deal to be had.

If a home is taking longer to sell than the average there may be a good reason. What is the first thing you notice when you drive up to a house?

You can't make a ranch a colonial (at least not without spending a small fortune) or vice versa, and you can't change the neighborhood, but there are many things you can do to make the exterior of your home more appealing.

If your attention is focused on cracks in the driveway, paint on the shutters that’s peeling and dead branches hanging from the trees, it won’t take long before you come to the realization that the home isn’t selling because it lacks curb appeal. So what can be done about it? Make a list of the projects that need to completed right away.

The Driveway

Often the first step a perspective buyer takes on a property is on the driveway. If the driveway is gray and weathered, or worse, cracked and crumbling, this may scare off buyers. The good news is that repairing and beautifying your driveway can be done quickly and easily, and wow, what a difference it makes.

What do you do? Start by thoroughly cleaning the surface with a spray on driveway cleaner and letting it dry completely. Once the surface is clean, you can apply your sealer using an applicator that has a squeegee on one side and a brush on the other to spread and smooth the mixture.

There are a lot of asphalt sealers on the market, so be sure to do your homework. One that has sand particles to help fill in the small cracks in the surface is a good choice. If it is a gel based sealer, it will apply faster, easier and with less mess.

Paint

If the paint on the shutters, or anywhere else for that matter, is peeling away, but the rest of the house looks OK, take the shutters down and repaint them. You may want to repaint the front door to match as well. If your front steps are made of wood, a fresh coat of paint after a harsh winter makes a big difference.

It would also be a good idea to pressure (aka, power wash) wash the house and sidewalks, particularly if there are water or dirt marks from sprinklers, etc.

Landscaping

As far as the landscaping goes, start by removing all the dead branches and leaves from your trees and shrubs, and making sure they have shape to them. Overgrown plants are a big turn off. Clean up leaves from around the foundation too.

You should also be sure the lawn is well maintained. If you don’t have time to cut it every week, and remove the weeds, hire someone to do it for you. And if there’s no color in the yard right now, add some. Pansies, Petunias, Marigolds and Daisies look great whether they’re planted in flower beds or in pots by the front door. Either way, be sure to cover the dirt with mulch, which holds moisture and prevents weed growth.

Other tricks you can try to improve your home’s curb appeal: get a new front door, wash the siding and front windows and replace the weathered mailbox and house numbers. In the grand scheme of things, these small investments will pay huge dividends when it comes time to sell your home. You'd be surprised how small, relatively inexpensive improvements will set your home apart from the competition.

For more tips, check out this article on the Home & Garden TV Web site. You also can watch videos from the popular "Curb Appeal" television show online.

Although Buyers Brokers Only, LLC does not ever list property for sale, please don't hesitate to contact me for a referral to a competent, hard-working listing agent.

Some of the Content for this Post Courtesy of ARAcontent

April 02, 2007

Consumers Can Attend Trade Show

The two-day Residential Design and Construction 2007 trade show, which opens Wednesday at Boston's Seaport World Trade Center, is open to the public after 4 p.m., the Boston Herald reported April 1, 2007.

 

"... while the show is only open to tradespeople in the day, consumers can attend after 4 p.m.

"Displays will show off the building world’s latest offerings, while workshops will range from 'Creating a Green Home' to '10 Things to Get Straight Before You Renovate.'
"Tickets cost $10 in advance ($15 after Tuesday) and include one free workshop. Extra workshops cost $10 each. To register, see www.rdcboston.com or call 800-544-1898."

Read This Article

March 13, 2007

Ignore This Letter

Apparently an Illinois-based company is mailing Massachusetts residents a letter offering to provide them with a certified copy of the deed to their property for $59.50, the Boston Herald reported March 13, 2007.

Although the company's offer is not illegal, property owners in the Commonwealth can obtain a certified copy of their deeds themselves directly from the appropriate Registry of Deeds for $1 or $2. In addition, property owners can obtain a non-certified copy online at MassLandRecords.com

Massachusetts is divided into 21 registry districts with an elected Register of Deeds responsible for each office. Documents related to the ownership of real estate within the district are recorded at the Registry of Deeds.

Recorded documents are assigned a sequential identifying number (known as the book and page number) and are then scanned into the registry's computer system. The resulting images are available for viewing on and printing from public access terminals at the registry and over the Internet from your own computer.

Read This Article

March 12, 2007

Scamers Prey On Financially Troubled

With so many people in Boston's poorer neighborhoods facing foreclosure, a growing number of scam artists are preying on financially troubled homeowners, according to a March 7, 2007 article in the Boston Herald.

"One popular tactic: persuading a beleaguered homeowner faced with foreclosure to 'temporarily' sign over his home in exchange for financial assistance. You can guess the rest.

"Another ploy: offering to make some phone calls - to pull a few strings - on behalf of the homeowner with the lender. Of course, all that is needed is a few thousand dollars up front."

Read This Article

March 10, 2007

Radon Testing Is A Good Idea

While some real estate professionals will discourage potential home buyers from having a property tested for radon as part of the home inspection, radon testing is a good idea.

The Massachusetts Department of Public Health estimates that one in four homes contains high levels of radon. Radon is a naturally occurring radioactive gas that escapes into the atmosphere from uranium-bearing surface rocks and soil or from groundwater containing dissolved radon.

Radon can appear in drinking water and is also found in some construction materials, such as brick or concrete, if such material is made from uranium-bearing rock.

According to the Massachusetts Executive Office of Health and Human Services Web site, when radon undergoes radioactive breakdown, it decays into other radioactive elements called radon daughters. Radon daughters are solids, not gases, and stick to surfaces such as dust particles in the air. If contaminated dust is inhaled, these particles can adhere to the airways of the lung. As these radioactive dust particles breakdown further, they release small bursts of energy that can damage lung tissue and increase the risk of developing lung cancer. In general, the risk increases as the level of radon and the length of exposure increases.

The Environmental Protection Agency, the Surgeon General, and the Massachusetts Department of Public Health recommend that every homeowner, not just those buying or selling homes, test for radon.

Besides having a radon test conducted by a home inspector, for between $60 and $100, homeowners can purchase radon testing kits at home improvement stores.

If you have above-normal levels of radon and a private well, you probably will want to have the drinking water tested.

High levels of radon are reduced through a mitigation system installed into the home.

For more information, the Massachusetts Executive Office of Health and Human Services publishes a public health fact sheet on radon.

February 24, 2007

Consider Your Heating Options When Expanding

Many home buyers consider purchasing homes with an eye toward future expansion.

An informative Boston Globe article published February 23, 2007 discusses heating options in new space within a home.

Read This Article

February 20, 2007

Home Ownership And Taxes, The Good News And The Bad News

Buying a home changes many aspects of your life. It's time for painting, yard work and, maybe, a little plumbing.

Buying a home also changes your taxes. The good news is that some of your home-related expenses may be tax deductible. The bad news is that your taxes are going to get more complicated.

BankRate.com has a guide to tax breaks for homeowners with a lot of useful information.

Read About Homeownership Tax Breaks

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