Bo Lee - Berkshire Hathaway HomeServices Commonwealth Real Estate



Posted by Bo Lee on 12/1/2019

A home inspection may make or break the property buying journey. If you attend a home inspection and find no major issues with a residence, you may choose to move forward with your house purchase. However, if a home inspection reveals significant problems, you may decide to rework a home purchase agreement or walk away from this agreement altogether.

If you plan to purchase a home, it generally is a good idea to include a home inspection in your property buying strategy. And if you know how to plan for a house inspection, you can use this evaluation to gain the insights you need to make a data-driven decision about a home purchase.

Now, let's take a look at three tips to help you prepare for a home inspection.

1. Hire an Expert Home Inspector

With an expert home inspector at your side, you can gain comprehensive insights into a house's overall condition. Then, you can obtain an in-depth inspection report to help you weigh the pros and cons of purchasing a residence.

It is important to conduct an extensive search for the best home inspectors in your area. Search for home inspectors who boast many years of industry experience and come highly recommended from past clients. By doing so, you can find a home inspector who will meet your expectations.

2. Craft a Home Inspection Checklist

It often helps to enter a home inspection with a checklist. If you have a checklist in hand, you should have no trouble conducting a full home evaluation.

You should include all areas of a residence's interior and exterior in your home inspection checklist. Furthermore, you should include a home's heating and cooling system, roof and other key parts of a house in your checklist.

3. Consult with a Real Estate Agent

Preparing for a home inspection may prove to be stressful. Thankfully, a real estate agent can help you get ready for a home inspection and ensure you can make the best-possible decision regarding a house purchase.

A real estate agent is a homebuying expert who is happy to help you at all stages of the property buying journey. In the days leading up to a home inspection, a real estate agent can respond to any of your concerns or questions so you can prepare for the evaluation. Next, on the day of the inspection, a real estate agent will attend the evaluation with you. And after the inspection is complete, you and your real estate agent can discuss the assessment results and determine how to proceed.

Ultimately, a real estate agent can help you streamline the home inspection process. He or she may even be able to put you in touch with the top house inspectors in your area, thereby increasing the likelihood that you can identify any major property issues before you finalize a home purchase.

Ready to conduct a home inspection? Use the aforementioned tips, and you can enter a home inspection as an informed property buyer.





Posted by Bo Lee on 11/24/2019

Photo by cottonbro from Pexels

Multi-generational homes have grown in popularity as the benefits of communal living become more recognized and celebrated. If you are searching for a home to share with both your children and parents, there are many options open to you.

Single-family home with apartment: Some single-family homes have been built or renovated to include a completely separate living space within the walls of the house. In these instances, the apartment space provides a kitchen, bathroom and living spaces that can be accessed from a separate entrance. This situation offers privacy with the luxury of close proximity. 

Two homes on the same property: Much like a home with a built-in apartment, if you’re able to secure a property that features two homes on the same lot, you’ll benefit from close proximity. However, if the structures do not share common walls this situation may not save you in utility and maintenance costs.

Homes with more than one master suite: This is a great option for those who don’t mind sharing common areas like kitchen or living spaces. Providing a master suite for each family group offers the opportunity to create separate more personal spaces without building walls or separate structures.

Custom-built options: If you’re not finding an existing home that meets the requirements for your family, consider working with a builder on a custom home. There is more flexibility to customize your space and make accommodations for communal and private space for each member of your family.

Consult with your real estate agent if you’re looking for a specialized property like this.


 





Posted by Bo Lee on 11/15/2019

This Single-Family in Natick, MA recently sold for $610,000. This Cape style home was sold by Bo Lee - Berkshire Hathaway HomeServices Commonwealth Real Estate.


49 Fiske St, Natick, MA 01760

Single-Family

$619,900
Price
$610,000
Sale Price

6
Rooms
3
Beds
2
Baths
Look no further than this turn-key, picturesque New England Cape home located in a desirable Natick neighborhood. Built in 1950, this special home has been meticulously maintained by its second owner. Walk inside and you will find a remodeled kitchen with new appliances, quartz countertops, and tile backsplash. Open concept living and dining room with sliders out to a screened in porch and deck. Sip your morning coffee or read your favorite book overlooking the private manicured backyard complete with a sprinkler system for easy maintenance. Generous sized bedroom and full bathroom complete the first floor. Upstairs you will find 2 large front to back bedrooms and a recently renovated full bathroom. Head downstairs to the newly carpeted family room with wood stove and bar perfect for your entertaining needs. Abutting the family room you will find a utility room for laundry and storage with new furnace and A/C system.

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Categories: Sold Homes  


Posted by Bo Lee on 11/10/2019

Do you ever wish that they taught a class in high school called, “Things You’ll Actually Need to Know In Life?” You’d learn how to prepare your taxes, what investing is, and how to buy a home.

Unfortunately, all of these important life lessons tend to be self-taught; you pick them up along the way and learn from your mistakes.

However, it needn’t be that way. Our goal today is to give you an accurate idea of what to expect when you’re buying your first home. We’ll go over a typically home buying timeline and discuss how long each step can take. This will give you a better idea of how long it will take to close on your first home.

Step 1: Build credit and save for a down payment

Estimated time: 2+ years

The first step of buying a home is to make sure you’re financially secure enough to do so. While there are ways to purchase a home with low or no down payments (See FHA, USDA, and VA loans), generally it’s wiser to wait until you have a sizable down payment saved. This will save you money in interest and mortgage insurance in the long run.

Next, you’ll need to start working on your credit. If your credit score took some hits due to late payments when you were younger, now is the time to start fixing those mistakes by making on-time payments and paying off outstanding balances.

Step 2: Have a plan for the next phase of your life

Estimated time 6+ months

One of the most important, and least talked about, parts of buying a home is understanding what it means to own a home. If you have a spouse, partner, or family, you’ll need to be in agreement that you’re prepared to stay in one place for the next 5 or more years.

Buying a home is expensive and you won’t want to go through the process of closing on a home if you aren’t sure you’ll stay. This means making sure your career won’t bring you elsewhere in the near future.

Step 3: Get prequalified and preapproved

Estimated time 1-3 days (depending on how much initiative you take)

Getting prequalified for a mortgage takes minutes. You simply fill out an online form and the lender will give you an idea of the type and size loan you could qualify for. Be forewarned: they’ll also use this information to call and bother you about getting a mortgage from them.

Once you’re prequalified, it’s just a matter of working with the lender to provide the correct documentation for pre-approval.

Getting preapproved takes a bit longer (1-3 days), since it requires a credit check and some work on your part--namely, gathering and sending income verification.

Once you’re preapproved, you can safely start shopping for homes without worrying that you’re wasting time looking at homes that are overbudget.

Step 4: House Hunting

Estimated time: 30+ days

It’s a seller’s market. So, if you’re buying a home right now there is competition out there. You’ll need to dedicate a substantial amount of time to researching homes online, contacting sellers’ agents, and following up on calls. Like before, the amount of effort you put into this process determines how quickly and smoothly you’ll get through it.

Step 5: Making an offer and closing

Estimated time: ~50 days

Average closing times for buying a home has grown to 50 days according to a recent study. However, by securing financing ahead of time and acting quickly, you can drastically cut down the time of these process to as little as two weeks.





Posted by Bo Lee on 11/3/2019

To save water and equally maintain your lawn, you need to ensure your sprinkler system is working correctly. During the winter months, keeping your garden might take a toll on you. Improving your sprinkler system requires that you regularly check for damaged or faulty sprinklers. 

Improving your sprinkler system means you would produce a better and healthier lawn. Below are tips to guide you in enhancing your sprinkler system.

Replace Conventional Controller

To better improve your sprinkler system, replace conventional irrigation controllers with smart controllers that are user-friendly and has built-in water saver option and allows you to restart multiple time. The smart controller uses weather-based data received from local forecast to adjust its watering system each day. These intelligent devices would help you save water.

Raise Irrigation Heads

Irrigation heads that are bent and settling towards the soil cause too much water to get into the ground at that particular part. Raise the irrigation head as it will help prevent grasses and shrubs from interfering with how far the water sprinklers get. Be careful though will doing this to avoid damaging the lawn mower. Install A Built-In Pressure Regulator Replace pop-up spray heads with built-in pressure regulating devices to reduce the excess amount of water wasting in an area when the sprinkler is in operation. Doing this is estimated to save you 30% of water. 

Change Water Wasting Heads

Replace sprinkler wasting heads with high-efficiency nozzles that are guaranteed to save about 30% on your water consumption. These efficiency nozzles reduce wind drifts and allow water to distribute over the lawn and landscape evenly. 

Install Rain Moisture Sensor

A rain moisture sensor is a smart way of controlling your sprinklers from double wetting your lawn or landscape after a rainfall. The sensor will turn off the sprinkler system automatically when it rains saving you 15-20% of water. 

Place Plants Into Groups

Grouping plants into various sections is a smart way to ensure each plant gets adequate water without the problem of too much watering or too little watering. Some plants require more water than others; turf needs more water when compared to shrubs. 

Even Distribution Of Water

Ensure sprinkler heads are installed close to each other to avoid water from overlapping. Installing your sprinklers close to one another would also ensure all the planted areas get enough water. 

Same Irrigation Head

To maintain your sprinklers, you want to ensure all your irrigation heads are all working at the same time. If there seem to an issue with the heads, you can detach and clean dust or debris from the head of the sprinklers. 

Deciding to upgrade your sprinkler system is something you can do yourself, it won't take time, and it would save you money. 







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