Darryln Leikauskas - Berkshire Hathaway HomeServices Commonwealth Real Estate



Posted by Darryln Leikauskas on 1/15/2019

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Posted by Darryln Leikauskas on 1/11/2019

Making an offer on a home youíd love to buy is arguably the most stressful part of the buying process. Youíll be worrying about making the right offer, whether youíve presented yourself in the best possible light, and just how much competition youíre up against.

Today weíre going to help you alleviate that anxiety by giving you the most common real estate offer mistakes to avoid, and show you how you can increase your chances of getting the perfect home for you.

1. Do your research on the house

You have a lot of research to do before making an offer on a home. Youíll want to know the price the home formerly sold for and improvements that have been made and that will need to be made if you move in.

It also helps to know the sellerís situation. Are they on a deadline and moving out-of-state? If so, they might be tempted to take one of the earlier offers they receive.

2. Know your own financial limits

Before you ever make an offer youíll need to know how much you can spend. This isnít just a matter of offering the maximum amount youíre preapproved for. Youíll have to factor in moving expenses, final payments on your last rent or mortgage, changes in utility costs, and more.

3. Donít offer your full preapproval amount

Sellers who know that youíve offered your maximum preapproval amount may be wary of selling since they know you lack room to negotiate your budget and therefore might have a higher chance of backing out of the offer. They might favor other buyers who have room to negotiate and account for unexpected changes in their budget or of rising interest rates.

4. Avoid aggressive negotiation

We know the stakes are high for everyone involved in making a real estate deal. However, sellers are more likely to accept the offer of someone they trust and like over someone who seems to be trying to gain leverage.

Always be cordial with your offers and support them with numbers--explain to the seller why you chose the number you did, so that they can understand your reasoning.

5. Donít attempt to gain leverage by waiving a home inspection

By law, you are allowed to have a home professionally inspected before purchase. Waiving this right is sometimes misconstrued as a way to tell a seller that you trust them and donít want to cause them any unnecessary headaches.

The reality of the matter is that if you truly do want to own their home, sellers understand that you want to know what youíre buying.

6. This isnít the only house you can be happy in

Hunting for a home is hard work. Once you find one that seems perfect for you or your family, it can seem like everything depends on your offer being accepted.

However, the fact is there are endless houses on the market, and next week a new one could be put up for sale that is even better than the home youíre hoping for now.

If your offer isnít accepted and you donít feel comfortable committing to a higher price, move on to the next house knowing that you made the best decision under the circumstances.




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Posted by Darryln Leikauskas on 1/4/2019

If you donít have a dedicated playroom space in your home, you may feel as though toys and children have taken over. Toys, games, stuffed animals, coloring books, and crayons may be all over the house if children donít have their own space to play. 


It doesnít have to be this way. There are a few options that you can use to let your kids have their space, and the adults have theirs. You donít need to move just to find a home that has an area for kids to play. Read on for some ideas to help you stay stylish yet kid-friendly in your home.    


Versatile Furniture


Buying furniture that has a couple of purposes can be handy when you have kids. A coffee table with storage drawers can turn into a great place to store board games. An ottoman that has a storage component built in is a fantastic place to fantastic place to keep stuffed animals or action figures. When you have kids, finding ways to keep your style but allow children to play freely can be done easily with these types of furniture.   


Turn An Ordinary Shed Into A Magical Place


No matter what part of the country you live in, you can buy a small outdoor storage shed and turn it into a playroom. You can install portable heaters or fans in the shed for comfort. This space can become your childís playroom detached from the house with all the comforts of home. You might even consider a treehouse, but that may afford slightly less storage or possibilities than a storage shed.    


Use The Corner Of A Room


Kids donít have to take up the whole of a room. Consider giving little ones a corner of a room dedicated to their stuff. A small chair with a bookshelf and a few baskets of toys is all they need for a play space without fuss. Depending on the size of the room, you can even put a toy chest there for the playroom effect without the space.   


Use Baskets


Baskets are the next best things to furniture that has hidden storage. Baskets look pretty, and the contents are colorful, fun toys. Thereís not too much wrong with this solution! You can even give the dog a basket for his toys.   


Find Ways To Incorporate Kids Into The Rooms Of Your Home


You can get creative when it comes to living with children. Chalkboard walls. Tiny furniture and more items are available to make your kids comfortable yet creative and keep your home stylish. Consider a chalkboard wall that allows kids to change their artwork on the daily.

With a little creativity, your kids can feel at home without a playroom and without taking over the whole house.  




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Posted by Darryln Leikauskas on 1/2/2019

This Condo in North Reading, MA recently sold for $458,975. This Garden,Mid-Rise style home was sold by Darryln Leikauskas - Berkshire Hathaway HomeServices Commonwealth Real Estate.


200 Martins Landing, North Reading, MA 01864

Condo

$427,995
Price
$458,975
Sale Price

5
Rooms
2
Beds
2
Baths
PRE-CONSTRUCTION PRICE INCENTIVES!! The long-awaited, 55+ community - MARTINS LANDING is now Open! IN A MODERN SECURE ELEVATOR BUILDING! The 1,326SF, single level, 2 bedroom Hinsdale style home features an open eat-in granite kitchen, large living room w/private balcony, separate den/office, spacious master suite w/walk-in closet, full bath with stall shower, full sized side by side washer & dryer, hardwood flooring plus lots of crown & panel moldings. Quaint quiet community close to all major highways shopping, recreation & More! Deeded garage parking still possible, act quickly! Please Visit our Sales Office Open Tuesday - Sunday 10-4, Monday's by Appointment.

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Tags: Real Estate   Condo   North Reading   01864  
Categories: Sold Homes  


Posted by Darryln Leikauskas on 12/28/2018

The decision to buy a home can bring all sorts of emotions. From stress to joy to fear, you need to be prepared for any situation to arise. From saving up enough money for a down payment to securing financing to hoping for a smooth closing, buying a home is a complex event. Just about the worst thing that can happen in the process is finding the home of your dreams and then having your offer rejected. If you do lose out on the house to another bidder, below, youíll find a few reasons why.


The Home Is Above Your Means


If you go after a home thatís above a price that you can afford, itís likely that your offer will be declined. Look at all of your numbers and find a reasonable price point with your real estate agent. Be sure that your agent wonít show you homes that are far above your budget. Donít risk falling in love with a house that you canít afford. If you start big, you may be disappointed at the type of home you actually can fit in with your budget. 


A Better Offer Came In


In high competition markets or for a home thatís receiving a lot of attention, sellers may get multiple offers. All that attention is why itís always best to keep your offer as close to the asking price as possible. Donít assume that other buyers will bid low. Remember that sellers want to get the most return on their home, which means they are going to take the highest offer in most cases.


You also donít want to get too carried away in asking for contingencies. If you ask too much of a sellerís, they wonít bother giving your offer serious consideration when other buyers have asked them to put less time and money into the home. Donít ask for unnecessary repairs or over the top back costs. 


Youíre Not Approved For A Mortgage


The seller wants you to have a home loan pre-approved so that the process of selling their home will be that much smoother. Some seller may only consider bids by buyers who have been pre-approved for a loan. You should definitely be pre-approved before you even set out on your home search.


To get your offer accepted on a home you love, you need to do your homework. As a buyer, you want to keep the needs of the seller in mind. Although you want the best deal for yourself, you're more likely to get a property that you want if you compromise a bit. 





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