George P. Goulas - KELLER WILLIAMS REALTY | 508-509-3833 | G@AllworthRealty.com


Posted by George P. Goulas on 12/12/2018

Buying a home should be a problem-free experience. Yet issues may arise that make it tough to acquire the perfect house at an affordable price.

Common problems that come up during the homebuying journey include:

1. Lack of Home Financing

Before you search for a home, it generally is a good idea to get pre-approved for a mortgage. That way, you can kick off a house search with a budget in hand.

To get pre-approved for a mortgage, you should meet with banks and credit unions. These financial institutions can teach you about a variety of mortgage options and help you get approved for home financing in no time at all.

Of course, if you have questions as you pursue a mortgage, don't hesitate to ask a lender for assistance. Lenders employ courteous, knowledgeable mortgage specialists who are happy to respond to your queries without delay.

2. Temptation to Submit a Lowball Offer to Purchase

Once you find your ideal residence, you may be tempted to submit an offer to purchase at or below a house seller's initial asking price. But doing so may be problematic, particularly for a homebuyer who wants to acquire his or her dream residence as quickly as possible.

If you submit a lowball offer to purchase a house, a seller likely will reject the proposal. Worst of all, a rival homebuyer may swoop in with a competitive offer to purchase this residence Ė something that may cause you to miss out on the opportunity to buy your ideal home.

Ultimately, it is beneficial to submit a competitive homebuying proposal. If you allocate time and resources to learn about a home's condition and how a residence stacks up against comparable houses in the same city or town, you can craft a competitive offer to purchase. And as a result, a competitive offer to purchase may receive an instant "Yes" from a home seller, leading to a fast, successful homebuying experience.

3. Failure to Identify Problems During a Home Inspection

A home inspection is paramount because it gives you the opportunity to walk through a residence with a property expert and learn about any underlying house issues. Then, if you discover major problems with a house, you can ask a seller to complete property repairs, reduce your initial offer to purchase or walk away from a residence altogether.

Hire a home inspector who possesses comprehensive expertise Ė you'll be glad you did. With the right house inspector at your side, you can get the help you need to identify problems during a property inspection.

Lastly, as you get ready to search for a house, you may want to hire a real estate agent as well. This housing market professional can provide extensive guidance throughout the property buying journey and ensure you can mitigate homebuying problems before they escalate.

Reach out to a real estate agent today, and you can receive plenty of support as you navigate the homebuying journey.




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Posted by George P. Goulas on 12/7/2018

THIS IS THE ONE YOU'VE BEEN LOOKING FOR. THIS PROPERTY IS AN INVESTOR'S DEAM WITH A 10 PERCENT NET CAPITALIZATION RATE (NOT TO BE CONFUSED WITH A GROSS CAP RATE). WHAT BANK IN TODAY'S MARKET IS GOING TO PAY YOU 10% RETURN ON YOUR INVESTMENT WITH THE UPSIDE POTENTIAL OF CAPITAL APPRECIATION? ALL SIX UNITS COME FULLY-RENTED WITH SOME TENANTS WHO HAVE BEEN THERE FOR MANY YEARS. THEY LOVE THEIR HOME & WOULD LIKE TO STAY. WITH A YEARLY RENT ROLL OF $63,000 & SEPARATE UTILITIES, IT'S EASY TO SEE WHY THIS PROPERTY IS SO ATTRACTIVE. THAT IS JUST THE BEGINNING, THIS PROPERTY WAS ALSO COMPLETELY UPDATED SO YOU WON'T HAVE TO DO ANY COSTLY REPAIRS OR TIME-CONSUMING UPGRADES. YES, THE PROPERTY WAS GUTTED & REBUILT WITH NICE KITCHENS & BATHROOMS, SHINY FLOORS, INSULATED WINDOWS & DOORS, VINYL SIDING, RUBBER ROOF, NATURAL-GAS WATER-HEATERS, & SEPARATE ELECTRIC METERS. PLENTY OF PARKING IN THE BACK FOR MORE THAN 20 CARS ON THE PAVED & FENCED-IN PARKING LOT. THIS IS THE GOLDEN CASH COW. CALL NOW!!!

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Posted by George P. Goulas on 12/7/2018

HAVE YOU BEEN THINKING OF BUILDING YOUR DREAM HOME ON A BEAUTIFUL LOT IN A DESIRABLE NEIGHBORHOOD & IN THE WONDERFUL TOWN OF DUDLEY? WELL, HERE IT IS. DON'T WALK, RUN TO YOUR CAR & COME TO SEE THIS MAGNIFICENT PROPERTY. THIS IS 1 OF 4 LOTS AVAILABLE FROM WHAT USED TO BE A FAMILY FARM, WHICH HAS BEEN SUBDIVIDED INTO BUILDABLE LOTS. THIS DESIRABLE LOT IS EXACTLY 1 ACRE, HAS 150 FEET OF ROAD FRONTAGE ON OLD SOUTHBRIDGE RD & GOES BACK ABOUT 350 FEET. THE LOT IS FLAT & DRY AND COMES WITH A PERC TEST & A FULLY-APPROVED SEPTIC DESIGN. NEW HOME IS BEING BUILT RIGHT ACROSS THE STREET. YOU WON'T WANT TO MISS THIS OPPORTUNITY TO LIVE IN A GREAT NEIGHBORHOOD WITH BIG, BEAUTIFUL HOMES. LOT IS LOCATED BETWEEN 83 & 93 OLD SOUTHBRIDGE RD IN DUDLEY. THE NEW HOUSE NUMBER WOULD PROBABLY BE 87 OLD SOUTHBRIDGE RD. MUST SEE! PRICED FOR A QUICK SALE. DO YOU HAVE A HOUSE TO SELL? WE CAN HELP YOU MAKE THE TRANSITION FROM YOUR CURRENT HOME TO YOUR NEW CONSTRUCTION HOME. CALL NOW FOR DETAILS!

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Posted by George P. Goulas on 12/5/2018

If youíre a first-time homebuyer you might be worried or anxious about the process of making an offer on a home. After all, negotiating isnít something most of us look forward to on a day to day basis and we try to avoid it when possible. When it comes to buying a home, however, negotiating is usually part of the process.

One of the benefits of working with a real estate agent is that they have the knowledge and expertise to help you out through the negotiation process. Not only will they help you formulate your offer, but theyíll also present the offer for you and handle the in-person negotiations.

Buyerís vs sellerís market

Whether or not the odds are in your favor depends on many things. One important factor is the state of the real estate marketing. In a sellerís market, which is what weíre in right now, there are more buyers looking for homes than there are sellers trying to sell them.

However, you can still edge past the competition in a sellerís market if you plan accordingly. This is when negotiation comes into play, and when effective negotiation can get your offer accepted where others are declined.

Time is of the essence

When youíre shopping for a home in a sellerís market, youíll need to be swift with your offer and counteroffers to stay ahead of other prospective buyers. However, being too hasty with your offers can seem imposing or reckless. Itís better to take a day longer to come up with a more effective offer than it is to make an offer that looks bad to the seller.

Be clear and concise

Just as youíre nervous making offers on a home, sellers are usually nervous fielding them. So, if you want to make things easier for you and your seller, make sure your offer is simple and straightforward.

This involves removing unnecessary contingencies and sticking to the contract basics--inspection, appraisal, and financing. If the seller receives another offer that is riddled with contingencies, they might prefer to work with you since you presented them with a simple contract.

Be prepared

Having your paperwork in order, getting preapproved, and making yourself available as much as possible will go a long way in the negotiation process. Now more than ever itís important to be well-organized.

Do your homework on the house and neighborhood youíre interested in. Make sure you know if there is a lot of interest in the area and the house in particular. This will let you know how much breathing room you have.

Getting preapproved will not only help you know the limits you can offer but it will also signal to the seller that youíre a serious buyer.





Posted by George P. Goulas on 11/28/2018

MAGNIFICENT CAPE NEAR DUDLEY TOWN LINE! ENJOY COUNTRY LIVING IN THIS BIG, BEAUTIFUL HOME WITH ALL THE FABULOUS FEATURES YOU'VE BEEN LOOKING FOR. NEW GRANITE KITCHEN WITH STAINLESS STEEL APPLIANCES, NEW GRANITE BATHS WITH HIGH-ELEVATION VANITIES, HARDWOOD FLOORS, & HEATED GARAGE WITH PLENTY OF ROOM FOR STORAGE. PARTIALLY FINISHED WALK-OUT BASEMENT WITH HEAT, MANY BRIGHT LIGHTS & PLENTY OF ELECTRICAL OUTLETS WOULD MAKE A GREAT EXERCISE ROOF OR GAME ROOM. YOUR FAMILY & FRIENDS WILL ENJOY THE HUGE WRAP-AROUND DECK CONNECTED TO THE FRONT PORCH, WHERE YOU CAN SIT & ENJOY NATURE IN YOUR PRIVATE BACKYARD WITH WATER-FRONTAGE ON BAKER POND INLET WHERE YOU CAN LAUNCH YOUR CANOE OR PADDLE BOAT FOR DIRECT ACCESS TO BAKER POND FISHING. THE HOUSE IS SET BACK FROM THE ROAD FOR YOUR FAMILY'S PRIVACY & SAFETY, WITH A LONG PAVED DRIVEWAY ON 1.78 ACRES SURROUNDED BY NATURE. NO PETS OR SMOKERS PLEASE. 1st, LAST & SECURITY DEPOSIT REQUIRED UP FRONT. RENT PAYMENT SHOULD BE APPROX. 30% OF TOTAL MONTHLY INCOME

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