Why Investing in Real Estate Is Your Next Best Move

Investing in real estate is your next best move. Here’s why.

Selling your Massachusetts home? Get a home value report

Buying a Massachusetts home? Click here for full MLS access

Investing in real estate may be your next best move.

Roughly 68% of all Americans are homeowners, so if you’re a part of the 32% who keep helping their landlord become wealthy with monthly rent payments, the question is this: What would it take for you to go from a renter to a homeowner, and why is this important?

There are loan programs across the country designed specifically for wannabe homeowners who don’t have a lot of money saved. FHA loan programs, for instance, require only a 3.5% down payment to initiate your home purchase. There’s also a program called Mass Housing which helps Massachusetts residents get better terms and conditions and lower interest rates—even if you have credit issues.

If you upgrade your property, those benefits accrue to you over time.

There are also great tax advantages to becoming a homeowner that you don’t get as a renter. Additionally, you can take advantage of appreciation rates. Nationally, properties have been appreciating anywhere from 4% to 7% over the past seven or eight years. Wouldn’t it be better for you to enjoy these benefits?

Furthermore, if you upgrade your property, those benefits accrue to you over time. If you upgrade your rental, those benefits accrue to your landlord.

If you’d like to know more about the benefits of homeownership or how you can transition from renter to homeowner, don’t hesitate to give my team and me a call or send us an email. We’d love to help you.

Why It’s Important for Your Agent to Be Connected

A connected agent is an agent who will help make your real estate transaction much easier. Here’s how.

Selling your Massachusetts home? Get a home value report

Buying a Massachusetts home? Click here for full MLS access

Why is it important for your real estate agent to be locked into networks that can assist you in your next real estate transaction? Essentially, it makes the entire process easier and faster.

Your agent needs to know people in the insurance, financing, and banking industries who can help get the money together for you to optimize your sale or purchase.

If your agent has a network like this, it will help you formulate a successful plan for your transaction.

It’s also important for home inspections to be handled in a professional way by your agent. The way that this can be facilitated is if your agent is well-connected with home improvement specialists such as carpenters, builders, kitchen experts, plumbers, etc. For any kind of issues that can happen in your home, it’s important that your agent has a relationship with someone who can help fix it.

Having a network like this will enable your real estate professional to help you formulate a successful transaction when you decide to buy, sell, or invest. If you have any other questions for me regarding real estate, don’t hesitate to reach out to me via phone or email. I look forward to hearing from you soon.

What if You’re Selling a Home With Asbestos?

If you’re a home seller, here’s how to deal with asbestos in your home.

Selling your Massachusetts home? Get a home value report

Buying a Massachusetts home? Click here for full MLS access

If you’re selling your home, asbestos is an issue you may need to deal with.

In case you don’t know, asbestos was outlawed in several countries back in the 1960s when it was discovered to be carcinogenic That’s why, if your home is found to have asbestos pipes, asbestos-covered boilers, asbestos insulation, etc. during its inspection, you’ll likely be required to remove it for the safety of the future owners.

MASS Save offers programs that remove asbestos from homes and install brand-new heating and insulation systems.

The good news is, asbestos can be removed by asbestos abatement companies, and it’s usually not as expensive as you think. Getting it professionally removed not only makes the home safer for buyers, but it also increases your home’s saleability.

Here in Massachusetts, MASS Save offers programs that remove asbestos from homes and install brand-new heating and insulation systems—the services of which are compounded into a seven-year, no-interest loan term. If you take advantage of these programs, you’ll improve the efficiency of your home’s heating system, increase its safety, and amp up its value for a small amount of money.

If you have any more questions about asbestos and how it can impact your home sale, don’t hesitate to reach out to me. I’d be happy to help you.