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The Importance of Purchasing Real Estate Now

by Mike DelRose

Monday Morning Coffee & Inspiration: "If I Were a Carpenter"

by Mike DelRose
Monday   Morning Coffee

INSPIRATION FOR TODAY:

"All that Adam had, all that Caesar could, you have and can do . . . Build, therefore, your own world."
- Ralph Waldo Emerson


IF I WERE A CARPENTER . . . !

Picture a builder hiring a new framing carpenter to help construct his new homes. The first day on the job, the new carpenter shows up without a tool belt . . . and without any tools . . . and asks, "Where do I begin?" How much progress do you think would be made by the end of the first day?

Most of us at some point in our lives are like the unprepared carpenter. We show up, but have no tools, and haven't the slightest clue what we want to build. Within us, we have the power to build any life we choose, yet at day's end, nothing has changed.

Oh sure, we actively pursue the day-to-day activities of our chosen career, yet we don't take time to visualize the finished product - our life. Thoreau said it best: "Live the life you've imagined." Steven Covey said it this way: "Begin with the end in mind."

To "build your own world," begin by deciding what that world will be like. Next, gather the tools required to begin construction. Finally, begin practicing until you are an accomplished master.

If you want to be a renowned musician, choose an instrument, take lessons, and practice eight hours each day. If you want financial independence, determine a method, learn how others have achieved wealth, and mimic their approach and techniques.

Just remember, the world you get is the world you chose. It's an awesome responsibility - knowing that what you become is the result of the choices you have made. It's also an awesome opportunity to enjoy all the peace, contentment, freedom and riches life has to offer.

Carpe diem! Seize the day!

New Listing: Two Bedroom With Loft, Townhouse in Watertown

by Mike DelRose

 

See Featured Properties for Pictures!

The Shadow Market

by Mike DelRose Jr.

Are we heading into a double dip recession? Will housing prices crash again? These are two pretty common questions REALTORS are getting these days. The truth is, I'm not an economist, I can only tell you what's happening right now, and it's not pretty. While right now is an awesome time to buy, there is still a lot of uncertainty regarding the immediate future of the real estate industry.

Fortunately we're in a very stable market here in Greater Boston. Stable does not mean houses are worth more than homeowners bought them for in 2004, and it definitely doesn't mean prices bounced back completely from a 10-15% loss, but what it does mean is that supply and demand is kicking up and transactions are happening. While the Boston area is doing okay, and towns like Belmont and Arlington are in high demand, nationwide pessimism is definitely not helping things overall. 

Foreclosures are on the rise and here's why. Every state is different but the process is relatively the same; drawn out and unorganzied. Paperwork and legal processes are keeping former homeowners are in constant limbo, living in homes for years after the forclosure process has begun. Take a look at this article from CNN on how bad things are in other parts of the nation. 

Monday     Morning Coffee

INSPIRATION FOR TODAY:

"Never think that God's delays are God's denials."
- George-Louis Leclerc de Buffon


WHERE THERE'S SMOKE . . . !

A lone shipwreck survivor on an uninhabited island managed to build a crude hut in which he placed all that he had saved from the sinking ship. He prayed to God for deliverance, and anxiously scanned the horizon each day to hail any passing ship.

One day he was horrified to find his hut in flames. All that he had was gone. To the man's limited vision, it was the worst that could happen and he cursed God. Yet, the very next day a ship arrived. "We saw your smoke signal," the captain said.

Hmmm! Ever have a big sale fall through? Been disappointed when a friend or loved one failed to come through for you when you needed them? Have you wondered why a goal or objective wasn't achieved as expected?

If you're over the age of 18, you've probably noticed that we don't get everything we would like, exactly when we think we should. Yet, it's amazing how certain things just show up in our lives when we least expect to see them - like the rescue ship.

It is often said that we "shouldn't get too attached to outcomes." We can set objectives, believe they can be achieved, and work to make them happen, but it's best not to get too attached to the outcome. What appears to be a worthy goal may go down in flames, only to be replaced with a magnificent result we had not anticipated.

When you find your hut in flames and fear the worst, think back to this oft quoted reminder: "Fear knocked at the door - faith answered - no one was there!"

New Listing: 8 Room, 3 Bedroom Colonial In Belmont

by Mike DelRose

New Listing: 5 Room Two Bedroom Condominium In Cambridge

by Mike DelRose

New Listing: Three Bedroom Ranch In Wellesley

by Mike DelRose

Monday Morning Coffee

INSPIRATION FOR TODAY:

"Houses reveal character."
~ Gilbert Highet


IF I WAS A CARPENTER!

A story, written by an unknown author goes like this:

An elderly carpenter was ready to retire. He told his employer-contractor of his plans to leave the house building business and live a more leisurely life with his wife and family. He would miss the paycheck, but he needed to retire. They could get by.

The contractor was sorry to see his good worker go and asked if he would build just one more house as a personal favor. The carpenter said yes, but in time it was easy to see that his heart was not in his work. He resorted to shoddy workmanship and used inferior materials. It was an unfortunate way to end his career.

When the carpenter finished his work and the builder came to inspect the house, the contractor handed the front-door key to the carpenter. "This is YOUR house - my gift to you," he said.

Life is no different. Each of us is given lumber, a hammer, some nails, and a saw - but no instructions or blueprint for our lives. If we ignore a bent nail here, a split board there, and a wall out of plumb, we may find ourselves living in a ramshackle cabin where a beautiful home might have stood. Then we step back for a good look and recognize that we were the carpenter in charge.

Build your home with pride. Use the right tools. Get the education you need. Learn from a master. Take no shortcuts. Finish it with your finest touch. Remember - the plaque on the wall says, "Life is a do-it-yourself project."

Occasionally, I am asked if there is any value to having a seller conduct a home inspection prior to marketing their home.  As with most things in real estate, the answer is “that depends”.  Some things to consider would be the goals of the homeowner, time restraints and whether the owner intends to make corrections if defects are discovered.   Some homes are in excellent condition with no major issue to address.  Having a home inspection may give the homeowner peace of mind that their home is in tip top shape, and may add little value to the process.

There are many instances where a home needs considerable work, some of which may not be obvious to an inexperienced buyer.  Consider this scenario.  I met with a client in Watertown a few months ago to explore the possibilities and review the process of selling her home.  As we walked through the home it became apparent that there were a multitude of issues that would be of concern to potential buyers.  In addition to the obvious deficiencies such as peeling ceilings, older bathrooms and worn floors, there was evidence of a fire in the basement, the heating system had been converted to natural gas but the old oil tank still remained, and the home had previous termite damage although the property had been treated by a professional pest control company.  After discussing all the work this home required, we decided that it was best to call a professional home inspector before the home was offered for sale.  We knew these items would be brought to light by any competent home inspector, but we felt it would be of some help to prospective buyers to know the issues before they made their offer.  By taking this approach, we hoped to accomplish two things.  First, we address some of the problems that were within the owner’s budget to complete.  Our second goal was to have prospective buyers submit their offers reflecting the work that needs to be done, thereby putting all buyers on an even playing field and hopefully eliminate the need to renegotiate the price after having their inspection. 

In the end, we were working with more informed buyers which resulted in smoother transaction for all parties.  Having a home inspection prior to putting your home on the market is one way of increasing the marketability of your home and shortening the time it takes to sell the property.

Displaying blog entries 101-110 of 325

Contact Information

Photo of Mike DelRose Real Estate Team Real Estate
Mike DelRose Real Estate Team
RE/MAX Leading Edge
142 Galen St
Watertown MA 02472
Phone: 617-848-0000
617-923-8355
Fax: 617-926-5166



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