Svetlana Sheinina


Posted by Svetlana Sheinina on 1/19/2021

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Photo by Mohamed Hassan via Pixabay

It's easy to believe you don't have much leverage if you're getting ready to buy in a seller's market. Unfortunately, that sense of frustration can result in desperation, which can ultimately lead to overpaying on a home. Before you accept your fate, consider how you may have more power than you think. 

Start Strong

Being an early bird in a seller's market is a must, and this is especially true if you run up against a unique situation. For example, let's say a homeowner gets a particularly lucrative job offer. The only catch is that they need to move overseas in just a few weeks. In this case, a seller is going to be motivated by more than just the best offer. They want to see a buyer who can be flexible with their move-in date. If you can speed up the process, you can get the leverage in a seller's market. 

Prove Your Reliability

The seller will always look for someone with extremely reliable funding sources because no one wants to deal with the hassle of a lender pulling out at the last minute. When you're negotiating, it doesn't hurt to point out that you're a sure bet in more ways than one. This can encourage a seller to accept less than what they would have received if they'd accepted an offer from someone with a weaker financial history. 

Anticipate the Worst

While you do have some degree of control here, you should also be ready for equally prepared competition. Study the terms of the seller to ensure that your offer is made on time and your conditions are stated upfront. Make sure all your supplemental paperwork is airtight and ready to be processed. You can also consider limiting the number of contingencies you have. In a buyer's market, you can ask for the seller to update the plumbing or dismantle the shed. But in a seller's market, you might want to hold back some of your requests. 

Watch Your Back

Buyers may need to be more accommodating to sellers if they want to secure a home in a certain neighborhood, but there needs to be boundaries on bending too far backward. There are still money pits out there, even in prime seller's markets. Unsafe structures, dangerous grounds, and changing zoning laws can all be overlooked by an eager buyer in the heat of the moment. That's why it's so important to strike the right balance. 

When it comes to negotiating in any market, a real estate agent is usually the best place to start to hone in on the right tactics. They make it easier to spot the properties and sellers who deserve the effort. 




Tags: Seller   Seller's Market  
Categories: Uncategorized  


Posted by Svetlana Sheinina on 1/17/2021


525 Main St, Acton, MA 01720

Commercial

$12
Price

525
Buildings
Office
Type of Comm.
84,071.00
Lot Size
Unbeatable visibility on Main street! SUB-DIVIDABLE. Bright, very well maintained office space with nice reception area. Approximately 1000 Sq. Ft. with separate entrances, bathrooms and very flexible floor plan. Enter directly from the large parking area with no steps.Newly painted and new carpet. Plenty of parking. Upper level currently occupied by Russian School on Mathematics operating evenings and weekends, and a doctor's office. Perfect for wide range of businesses: any offices, any kids activities, any sport activities, any medical offices. Rent is $12 per Sq. Ft. plus gas, water and electricity.
Open House
No scheduled Open Houses

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Tags: Real Estate   Acton   01720   Commercial  
Categories: New Homes  


Posted by Svetlana Sheinina on 1/15/2021


224 Waverly, Belmont, MA 02478

Condo

$599,000
Price

5
Rooms
2
Beds
1
Baths
Unbeatable offering! New Conversion Condominium near to Belmont Center! Beautiful renovation enhanced old time charm with modern amenities. Bright, airy rooms flow nicely one to another. Walk out bay windows in living and dining rooms bring in fantastic natural light. The thoughtfully designed large kitchen with gray cabinetry & high end quartz countertops & stainless steel appliances will delight the gourmet. Enjoy your morning coffee on your private back porch. Washer and dryer are handy located in mudroom off the kitchen. There is a large deeded storage area in the basement. The newly paved driveway provides off street parking; 2 deeded spaces per unit and 1 guest spot. Back yard is spacious , leveled and private - a rare find. House sits across the road from Town Field, tennis courts and a short walk to Waverley Sq., shops, restaurants, bus and train.
Open House
Sunday
January 17 at 1:00 PM to 2:00 PM
Cannot make the Open Houses?
Location: 224 Waverly, Belmont, MA 02478    Get Directions

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Tags: Real Estate   Belmont   Open House   Condo   02478  
Categories: Open House  


Posted by Svetlana Sheinina on 1/15/2021


222 Waverley, Belmont, MA 02478

Condo

$589,000
Price

5
Rooms
2
Beds
1
Baths
Unbeatable offering! New Conversion Condominium near to Belmont Center! Old time charm is enhanced with modern amenities. This unit is highlighted by wonderful walk out bay windows in living and dining rooms bringing in fantastic natural light. All rooms flow beautifully one to another. The large thoughtfully designed kitchen, white cabinetry with high end quartz countertops and stainless steel appliances will delight the gourmet . Washer and dryer located in mudroom off the kitchen and deeded storage area is in the basement. Newly paved driveway provides off street parking; 2 spaces per unit and 1 guest spot. Back yard is spacious, leveled and private - a rare find. Enjoy your morning coffee on the beautiful back porch. The house sits across the road from Town Field, tennis courts, and a short walk to Waverley Sq., shops, restaurants, bus and train.
Open House
Sunday
January 17 at 1:00 PM to 2:00 PM
Cannot make the Open Houses?
Location: 222 Waverley, Belmont, MA 02478    Get Directions

Similar Properties





Tags: Real Estate   Belmont   Open House   Condo   02478  
Categories: Open House  


Posted by Svetlana Sheinina on 1/15/2021


224 Waverley St, Belmont, MA 02478

Condo

$399,000
Price

3
Rooms
1
Beds
1
Baths
WOW - Penthouse unit is delightfully designed - great angles - tons of light - so unique and joyful! Modern slick custom kitchen with cathedral ceiling and transom window, gray cabinetry, high end quartz counters, stainless appliance will cheer everyone. Hardwood floors throughout the unit and the large bedroom features a sitting area with cathedral ceiling as well. The design creates an open airy ambiance. Two deeded off street parking spaces and guest parking as well. Basement offers large deeded storage area and a personal washer/dryer hookup. Back yard is spacious and private - a rare find. Private porch is overlooking the park across the street. The house sits across the road from Town Field, tennis courts and a short walk to Waverly Sq. bus and train, shops and restaurants.
Open House
Sunday
January 17 at 1:00 PM to 2:00 PM
Cannot make the Open Houses?
Location: 224 Waverley St, Belmont, MA 02478    Get Directions






Tags: Real Estate   Belmont   Open House   Condo   02478  
Categories: Open House  




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