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PREPARE for Winter Now to PREVENT Freezing Later

It’s not too late. Although the first frost has settled on our cars, there’s still time to winterize your home. Instead of waiting for the extreme cold weather to blow in, now’s the time to get everything in order so you’re not stuck catching up on the first sub-zero day. Boston, especially areas with longterm owners such as Mattapan, Roxbury, Roslindale, Hyde Park and Dorchester are laden with older homes so updating/improving your insulation is paramount, especially after winter of 2015. 
Getting your  home prepared for winter is essentially a two-step process: first you need to seal off any leaks, and second you need to make it as efficient as possible so you’re not wasting energy. Let’s start with sealing everything off.
Seal Off Windows, Doors, and Everywhere Else

The last thing you want in the middle of winter is a bunch of cold air leaking into your house. The more cold air that comes in, the more energy you’re going to waste heating up your home. For many people-renters and owners alike-this is an incredibly simple process. Here are a few ideas:

Affordable and Non-Permanent Winterizing for homes and Apartments:

Insulate Your Windows: Your windows are the biggest place you’re going to feel cold air leaking in from. Thankfully, covering them up is easy with an insulator kit. All you need to do is wrap the windows with tape, place the plastic insulation sheets down, and shrink the sheet to fit with a hairdryer. If the window is too big for the plastic sheets, bubble wrap can do the trick.
Use Thick Drapes: If it’s especially cold in your area, you might also want to add a set of thermal drapes to your windows as well. These make the world of difference and help you identify leaks because drapes should not move if air is not entering from the outside. 
Seal Off the Doors: The draft from your door is also a big place for cold air to leak in. You can buy an actual draft guard if you want, make your own from foam pipe insulator, or just toss an old blanket in front of the door. The key is to simply make sure you’re not letting in cold air from underneath the door.
Seal Off Everything Else: Finally, make a quick run through of your house and see if you can feel cold air leaking in anywhere else. You can check attics, basements, and everywhere else. From there, block the air any way you can (safely). 
For more suggestions on how to you can make money saving insulation, reach out to us directly at contact@MandrellCo.com.

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Are you in the market to buy, rent or sell property in Hyde Park? Before you make a move, understanding the local market can make all the difference. We’ve outlined below exactly what’s happened in the multi-family in Hyde Park over the last 6 months. Take a look at the numbers and see where you fit in.

 Multifamily Family Post

Total Homes SOLD: 26

Average Living Area by Square Feet:   2,590.04

Average Listing Price:    $467,208

Average DOM (Days on Market): 80.15                                 

Average Sales Price:  $460,923   

 

Would you like to get your own FREE Sales and Rental Market Report catered to your specific area(s)? Just send a quick email to Contact@MandrellCo.com to receive your monthly report.  We can provide you similar data for any town or city in the commonwealth.

Please call us directly at 617-297-8641,  for custom reports or questions about the data provided.

 

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Price to Sell and Still Make a Profit

Many people think selling a house is a piece of cake. You list for the price you want and the buyers come running, or scrambling to have a bidding war on your property. Truth is, bidding wars occur on homes that are priced accurately based on the current market. The asking price you set for your home significantly affects how much you will profit and how long your home will sit on the market. Our agents understand their markets and what’s selling- or not selling. This knowledge will be invaluable in helping you determine the price. The objective is to find a price that is competitive to receive immediate offers yet wont leave money on the table.

Here are a couple points to consider:

Time

Time is not on your side when it comes to real estate. Studies show that the longer a house stays on the market, the less likely it is to sell for the original asking price. The reason being, everyone rushes to see a new house on the market and if the market does not warrant your price, then they keep looking for the next house on the market. Because all these buyers passed on your home, now you are forced to decrease your price to draw in a new crowd at a lower price point or attract the previous interests with the decreased price. Once potential buyers see you decrease your price, their next thought is… how low will you go? On comes the low ball offers. Therefore, if your goal is to make money, think about a price that will encourage buyer activity.
Value vs. Cost.

Pricing your home to sell in a timely fashion requires some objectivity. It’s important that you not confuse value with cost – in other words, how much you value your home versus what buyers are willing to pay for it. Don’t place too much emphasis on home improvements when calculating your price, because buyers may not share your taste. For instance, not everyone wants an in-ground pool or hand crafted railings. While there are people who really want these features and are willing to pay for it, you have now drastically reduced your buyers pool to those specific buyers. Quick real estate sales cater to the general buyer than a specific clientele because more people want what you have to offer. Dorchester is not ideal for a pool, but creating additional parking is a definite win, considering New England Winters.
Keep it simple.

Because time is of the essence, make it easy for the buyers. Remain flexible on when we can schedule showings.  Let’s Schedule a meeting, there are a lot of alternative options that can get you the most money for your home and accommodate your needs. It takes open communication, an open mind, flexibility and patience.
For more tips on selling your home and staging/decorating ideas, Be sure to connect with one of our agents in your area

 

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Key Facts to Selling Your Home (Part II)

In our previous post, we started discussing some key facts to selling your home. Today we will continue walking you through the home selling process. As we stated prior, there are several important facts to consider when working with your real estate agent beyond just listing your home and waiting for offers to roll in. Here we will review the remainder of the process to get your home to SOLD status.

Receive an offer.

Once we receive a written offer for your home, together, we will review the proposed contract, taking care to understand what is required of both parties to execute the transaction. At this point, you have three options: accept the contract as is, accept it with changes (a counteroffer), or reject it. Remember: Once both parties have signed a written offer, the document becomes legally binding. If you have any questions or concerns, be certain to address them with me right away.

Negotiate to sell.

Most offers to purchase your home will require some negotiating to come to a win-win agreement. Our agents are well versed on the intricacies of the contracts used in Massachusetts and Rhode Island and will protect your best interest throughout the negotiation process. Hyde Park is an up and coming neighborhood in Boston that new families desire as it provides a suburban feel in an urban environment. Helping buyers see this as a commodity in why they should move forward is one of our strategies. 

Prepare to close.

Once you accept an offer to sell your house, we will make a list of all the things you and the buyer must do before closing. The buyer will have the property formally inspected, and appraised, and again negotiate any repairs if necessary. If each procedure returns acceptable results as defined by the contract, then the sale may continue. If there are problems with the home during inspection, the terms set forth in the contract will dictate your next step.

Close the deal.

“Closing” refers to the day when proceedings for ownership of the property is legally transferred to the buyer. The Mandrell Company will be present during the closing to guide you through the process and make sure everything goes as planned.
Selling a home is an emotional experience whether happy or sad. We will be by your side every step of the way to ensure a smooth process and eliminate as much stress as possible.
For more information on how The Mandrell Company can help you sell your home in 30 days, call today: 617-297-8641!

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