Wilson Wolfe Real Estate



Posted by Wilson Wolfe Real Estate on 4/22/2018

Thereís a lot of design trends that youíll want to keep up with as a homeowner. What are people doing to their backyards to make them more beautiful? What types of countertops are buyers looking for these days? Some trends are beneficial. However, thereís a lot of trends that can be detrimental to your home. You want your home to be an expression of who you are, however, there are some trends that just arenít attractive to buyers. 


Bright And Bold May Not Be Beautiful 


While that lime green room may look really attractive to you, it probably wonít look as good to anyone else. The best colors for paint inside of your home are the neutral colors. These include beiges, grays and soft whites. The most important thing is to keep your paint color consistent throughout your home. Not that you canít change shades from room to room, but donít make the paint change too drastic.  


No One Really Likes Shiny Things


As much as you may like shiny accessories throughout the home, itís not going to be everyoneís thing. Although people will be decorating your home on their terms once they buy it, itís important to note that busy isnít always better. People need to be able to see past how you have set up your home to see the potential it holds for them.  


An Open Floor Plan Thatís Too Open

You can take the idea of an open floor plan to an extreme. There are certain rooms in the home that just deserve privacy. The bathrooms and the bedrooms need walls surrounding them to give people the space and quiet that they need. If thereís no good way for you to fix this issue, you may want to find some room screens before your open house in order to keep buyers interested.  


Converted Rooms Squash Vision


If you have a third bedroom that you have converted into a home gym, thatís great for you. It may be hard for other people visiting the home to realize what the room could be used for. You may not have to move everything before an open house, but try to keep the room open for possibility.     


Carpeting Kills Buyerís Dreams


Thereís not many more terrifying things to buyers than walking into a home and seeing wall-to-wall carpeting. Their minds race, thinking of the possibilities of how to get beloved hardwood floors into the picture. If thereís floor under your carpet and you know you're going to sell soon, youíd be wise to tear up the carpet and polish up those floors. It will attract more buyers and sell faster because people will know they have that much less work to do once they move in. 


The Takeaway

 The important point here is that when youíre getting ready to show your home, youíll want to take your personality out of the picture. Buyers need to have space to get the vision to see how they can make your former home their own. Reversing a few of the personal upgrades that you have made to your home can help you to make it a more welcoming place for new owners to begin a journey.




Categories: Uncategorized  


Posted by Wilson Wolfe Real Estate on 4/15/2018

One thing that youíll need to think about when youíre buying a home is that of property taxes. Many first-time homebuyers donít even consider the property taxes in the midst of their excitement of buying the perfect home. Thereís many different kinds of tax issues that homebuyers might face when they purchase a home. Weíll educate you on how to tackle the issue of property taxes. 


Do Your Research


You should most definitely research property taxes before you buy a home. You donít want to be surprised to find out that your new home will have special assessments or a huge tax rate increase in the near future. Some things to look out for:


  • Tax rate increases
  • Home reassessments
  • Supplemental tax bills


The first question that you should ask your realtor is ďWhat is the current tax bill?Ē This will give you a good starting point for your property tax research. 


Supplemental Tax Bills


A supplemental tax bill is basically a new homeownerís overlapping bill of the previous ownerís taxes. Sometimes, this can include construction or additions made to the home that have increased the property value. This is also known as a ďreassessment of property value.Ē Work with your realtor to discover whether this will be an issue.  


Multiple Taxes For One Property


Depending upon where you are, you could face more than one kind of property tax. Special taxes imposed by states, counties and districts, as well as water and sewer can create additional fees. 


Why You Have An Escrow Account


Homeowners are often required to have an escrow account. This will set aside funds for these types of expenses. The loan company will give an estimate of the amount of taxes and insurance due. Then, costs such as taxes and insurance are taken out of this account. If you are paying these fees through an escrow account, you should keep a close eye on it. Sometimes, payments fail to be made on time. You as the homeowner are then responsible for any late fees. You want to avoid these problems by checking the account frequently.   


How Property Taxes Are Calculated


Property taxes are generally based on the value of the home. Each state and city uses their own formulas in order to calculate these fees. This is what can make property taxes a bit unpredictable. Property taxes can increase or decrease over time due to these factors that are included in each municipalityís formula.               


Tax Credits


A tax credit is a rebate thatís provided by the city or state. This could be in the form of an income tax credit. As home values have risen, so havenít property tax bills, so these credits are welcome in todayís economy. 


Tax Deferrals


Some people are eligible for property tax deferrals. This allows the homeowner to pay all or part of the property tax until a later date when a home is sold. Many deferrals are geared towards low-income homes and senior citizens. These people would most benefit from this type of savings. Be careful though if you fall into one of these categories. Some states have much higher income taxes than property taxes, so the fees end up evening out. 


The most important thing you can do when it comes to property taxes is your research. Once you have numbers, you can make a more informed decision about purchasing a property.





Posted by Wilson Wolfe Real Estate on 4/11/2018

This Single-Family in Tewksbury, MA recently sold for $498,500. This Split Entry style home was sold by - Wilson Wolfe Real Estate.


381 Whipple Rd, Tewksbury, MA 01876

Single-Family

$449,900
Price
$498,500
Sale Price

9
Rooms
3
Beds
1/1
Full/Half Baths
Absolutely stunning and spacious split entry with 2 car garage, huge newer shed & large deck overlooking the expansive acre plus lot ready for immediate occupancy! Beautifully updated entertainment sized kitchen with maple cabinetry and breakfast bar overlooking the massive dining room, beautiful oak flooring & fresh paint in serene color palette throughout, 2 brick wood burning fireplaces, separate home office or den with french doors off the kitchen/dining area, fabulous lower level family room with 2nd fireplace and laundry w/ half bath, huge storage area with double doors leading out to yard,& another bonus room. All the major updates have been done;roof 2010,siding,windows,doors including garage & gutters all replaced in 2005,Septic 2014,driveway 2015,shed 2012,boiler 2001-hot water storage tank 2010, slider onto deck 2018.All appliances including the washer & dryer stay!Title V in hand!Close to major routes and commuter rail station






Categories: Uncategorized  


Posted by Wilson Wolfe Real Estate on 4/1/2018

We all like a clean home. As many times as we go through our daily and weekly cleaning routines, our homes can still be dirty. Thereís plenty of places in your home that you might be neglecting to clean. These places are germ breeders. Especially to help prevent the spread of cold and flu, itís important to keep these frequently used areas germ-free. The good news is that cleaning often overlooked spots is very simple. Weíll tell you where you need to clean and how with the tips below. 


The Refrigerator Handles


While youíre preparing dinner, itís very likely that you will need to open the fridge door more than once. You may surface clean the outside of the fridge, but often forget the handles that everyone grabs to get in and out of this appliance. You should scrub the handles down on a weekly basis with a mix of hot water and vinegar. 


Your Computer And All The Accessories


You probably spend a lot of time at your desk and at the keyboard of your computer. Think of the times you have spilled things, sneezed on your computer, or just plain sweat while sitting there. Thereís a ton of germs breeding all around your computer and its accessories. Make sure you do more than dust your computer off. Take off the accessories and scrub them every so often. If you have a laptop, turn the unit off and use a damp cloth to wipe it down. 


Toothbrush Holder


While you probably remember to brush your teeth twice a day, you may not remember to clean your toothbrush holder very often. You can easily throw toothbrush holders right in the dishwasher. Also, boil the toothbrushes themselves in water for a few minutes every so often. This is especially important during times of cold and flu to keep viruses from spreading.      


The Faucets


The faucets are perhaps one of the dirtiest places in your entire home. Be sure that youíre cleaning the handles and the faucet itself on a regular basis. You can do this with hot water and dish soap (something thatís already nearby!) For a deeper, disinfecting clean, use a paste of baking soda and vinegar.


Coasters


These great little inventions protect your tables from having the finish damaged by glasses and cups. Without a cleaning once in awhile, they can build up residue and bacteria. Be sure to give them a once over with warm water and soap.  


Some other areas that could use cleaning in your home:


  • Light switches
  • Placemats
  • Cabinet handles
  • TV remotes
  • Coffee makers


While your home looks clean, you want it to be clean. By following these tips and by paying attention to the most used areas of your home, youíll be on your way to a deep clean that avoids breeding germs.  






Posted by Wilson Wolfe Real Estate on 3/25/2018

You are required to get homeowners insurance when you purchase a home. You probably are so excited about buying a home that you neglect to learn the ins and outs of your policy. Unfortunately, there are many things that insurance wonít cover, yet many homeowners think that they are covered under their home insurance policy. Below, youíll find some things that are often not covered by your home insurance, even though you might think they are. 


Broken Pipes


While your home insurance will cover damage from water in your home (different than flood insurance), the policy probably wonít cover what it takes to fix broken pipes. Your best bet in this area is prevention. You should be sure that your pipes are insulated properly and that there is adequate airflow around the pipes in your cabinets.


Earthquakes


If an earthquake hits, youíre out of luck when it comes to your homeowners insurance policy. You typically need a separate policy to get earthquake coverage. If you live in an area prone to earthquakes, youíll need to inquire about specific policies to protect your home from this type of natural disaster.


Floods


Youíll also need a separate policy in the event of a flood. Homeownerís policies do not cover damage or losses caused by flooding. You can get optional coverage and this is highly recommended, especially if you live near a body of water or in an area thatís prone to flooding.


A Sewer Backup


If a sewer backs up, youíll face some serious damage in your home. Unfortunately, your homeowners policy will not cover this type of damage. The repairs can be hefty. If you wish, you can always add this type of coverage to your policy. 


Only Portions Of Disasters May Be Covered


If a hurricane hits, any damage that has been caused by the wind will be covered by your home insurance policy. If you face flooding, however, and do not have a flood insurance policy, youíll be out of luck. Without extra coverage, some natural disasters can be a special disaster for you and your wallet. 


Keep Up The Maintenance On Your Home


Itís important to understand what is and isnít covered by your home insurance policy. When you know how to prepare for different situations, it will make caring for and maintaining your home and your financial future a lot easier. If you prepare accordingly for natural disasters as directed, and perform proper maintenance on your home, your insurance policy should act in the best interest for you. If you happen to live in an area where you are prone to natural disasters, make sure you get the appropriate additional coverage that youíll need to protect you.







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