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Ocean Edge Brewster - How to sell your condo ASAP

Selling a condominium at Ocean Edge Brewster can be an intimidating task for most home owners, whether it’s their first condo or their tenth. Their primary concern is how to sell their home, which is a multi leveled question. What part of the sale are you most concerned with? Do you want to know how to sell your Ocean Edge condo quickly? Do you want to know how to walk away from the home making the most money? Or do you just want to know how to best prepare your home for the real estate market in general? Your real estate agent will work to get you the best price for your property by comparing your home to other condos in the area that have sold. That is how your real estate agent will help you walk away from your home with the most money in your pocket. To sell your Ocean Edge condominium ASAP, your agent can help you by using some basic best practices in real estate.

Timing

Is it a seller’s market or a buyer’s market in your area? A buyer’s market is when there is more of a housing inventory than the number of people that are buying homes. In this market, the price of homes will be lower because the inventory is so great and people are desperate to sell. A seller’s market is the opposite. In a seller’s market, there are more buyers looking to buy a property than properties on the market. A seller’s market means bidding wars and high prices for the buyers because there are so few houses on the real estate market. Your real estate agent should be aware of the real estate market in your area to help you make an educated decision when to sell your home.

One thing to keep in mind is that Cape Cod is a whole different animal than the rest of the state, so you need to look at regional trends instead of state trends. The market can be different in the Boston area or western part of the state than on Cape Cod.

Timing for selling your Ocean Edge condo

Price your Ocean Edge Brewster condo well

Condos at Ocean Edge Brewster that are not priced correctly will not sell. A home that is priced too high will just sit on the market, which does not look good to potential buyers. Unfortunately, these home owners typically turn down early offers that are below their asking price because the seller believes that their home is worth way more and the bigger offers are just around the corner. This is not usually the case. The more time a Ocean Edge Brewster condominium stays on the market, the less interest buyers will have in the home. An overpriced home that has been on the market shows buyers that there is little negotiating on the price, and so why bother. If you choose the right real estate agent, they will help you price your home competitively so you are able to walk away feeling good about your decision. Do you have the right real estate agent for selling your home? Find out in our blog, “5 Reasons to be Thankful for a Great Real Estate Agent.”

Season

It was once believed that the only time to sell your home was in the spring and summer months. This was due to the fact that the majority of buyers were young families with children that needed to find a home and move into it before their children started school in the fall. While it is true that many buyers with young families try to buy homes during this time of year, they are not the only audience buying homes. People are putting off having children until later in life, so many unattached millennials and child free empty nesters are buying homes throughout the year.

Use the old fashioned mindset of only listing in the spring and summer months to your advantage! If you list your home during the fall and winter months, you could be one of only a few other Ocean Edge Brewster condos that are on the market at the time. This creates more of a sellers market because your home is only competing with a few other condominiums. How do you make your home stand out among others and capture the millennial and empty nesters’ attention? Check out our blog “How to Appeal to Buyers of Every Generation.”

Season for selling your Ocean Edge Brewster condo

Fix it Up

It sounds like it should be common sense to say that you should clean your Ocean Edge Brewster condominium and fix anything that is in need of repair. However, sometimes those details are overlooked or not taken too seriously. You may be used to the chipping paint on the baseboard or dust above the cabinets, but a buyer is not. It is worth having a professional cleaning service come in and do a thorough cleaning of your Ocean Edge home before it is shown, because first impressions matter. They matter when you’re meeting someone new, and they matter when buyers see your home for the first time. If something is broken, take the time to fix it before a potential buyer turns away from your property. If you have carpeting, invest in a company or a professional carpet cleaner to make it look brand new for buyers. For more tips on how to sell your home, check out our blog “Your House Not Selling? Try this Now!”

How to Sell Your Ocean Edge Brewster condo ASAP

Selling your home is a stressful time for anyone, whether it is your first home or your fifth. If you have the right real estate agent, they will help you get the right price for your home and sell it for you in a reasonable amount of time. If you are thinking of selling your Ocean Edge property, give Michael Leighton and his professionals a call today. Michael Leighton has been the #1 agent at Ocean Edge since 2004 and the #1 agent in the town of Brewster since 2007. He will price your condo appropriately and do everything he can to sell your home quickly.

5 Things to Consider When Buying a Condo at Ocean Edge

Purchasing a home can be very stressful. First, you need to find the right condo that you can afford in the town you would like to live in. Then you need to find a condo that has the amenities that you need with reasonable condo fees. It can be quite overwhelming. Fortunately, you have taken care of a lot of the stress already by deciding that you are buying a condo at Ocean Edge. The amenities are second to none, and there are so many different condo layouts to choose from, you can’t go wrong! Brewster is centrally located on Cape Cod, so you can not beat the location. You have made a wise decision when you decided that you are going to be buying a condo at Ocean Edge in Brewster!

Pre-Approval

Before you obtain financing for your mortgage, many financial institutions are insisting upon a letter of pre-approval in order to consider you for a mortgage product. Obtaining pre-approval in advance almost guarantees that you will be approved for a mortgage from a lender. Finding the perfect Ocean Edge condo, doing your research and not going ahead and getting pre-approved before applying for a mortgage with a lender could result in heartache for you as the buyer. Do yourself a favor and go for the pre-approval in the very beginning of your condo search for piece of mind and make financing through a mortgage lender a breeze.

Mortgage pre-approval

Cost

It is vital that you understand what it is going to cost you to buy your condominium before you even begin the purchasing process. This means understanding what you are expected to bring with you to the closing of your condo as well as what it is going to cost you every month to own your property. Before closing on your property, you need to decide whether you will come up with closing fees, have the owner cover the closing fees you accumulate, or if you are going to roll them into your mortgage payment. To find out what fees you can expect at closing, check out our blog “Hidden Costs of Buying a Home.

There are 5 components that make up your monthly housing bill. These 5 components are: principal, interest, taxes, insurance and condo fees. The principal is the money that is coming off of your selling price. The interest is the interest on your loan that you are paying off. The taxes are your assessed property tax and the insurance is your home owners insurance. The condo fee takes care of the exterior of the property (including landscape) and your membership package (if you choose to purchase one through Ocean Edge). It is important that you also figure in that you are going to be paying for monthly utilities. Ask your realtor to ask the current owners to give you an idea of what their utilities were during the summer and winter months so that you have an idea of what you could spend on your utilities.

Credit

Credit is a vital part of your ability to secure financing from a mortgage lender to buy your home. Mortgage lenders have strict guidelines you must fall into in order for you to qualify for different mortgage products with their institutions. This is why it is so important to have a handle on your credit before you start the house buying process. There are free apps and websites, such as Credit Karma that give you an estimated credit score so you can see what your credit score is at any time. Any changes that occur to your credit such as starting a new job, closing a credit card or a late payment will negatively impact your credit score, which could jeopardize your financing and ultimately buying a condo at Ocean Edge. For more tips on how to build your credit, check out our blog “Clean Up Your Credit Score Before You Buy.”

Credit Report

Budget & Timeline

Before you begin the process of buying, it is important to ask yourself what your personal timeline is for buying a house. Are you in a rush to find something right away because you just sold your home or is your rental lease ending soon? Maybe you’re staying with family while you look for a house, or have a month to month lease that is more flexible and allows you to take your time in searching for the perfect house.

Your personal timeline plays into budgeting for your home. Keep in mind that you are potentially signing a 30 year fixed mortgage, so how long are you planning on living in your new home? Since you have already budgeted for your mortgage payments, condo fees and other monthly expenses, you should have an idea of what to set aside every month to pay your bills. As long as you do not see your finances changing for the time that you plan on spending in your home, home ownership should be a breeze.

Prepare Paperwork

Every lender is different. Make sure you have all of the information you need when you meet with the financial institution to sign on the dotted line. Some examples of paperwork that you might need to bring with you is: divorce paperwork, birth certificates, bank statements, pay stubs, etc. Make sure you find out ahead of time what you will need, as some of the paperwork may take time to collect.

Paperwork for buying an Ocean Edge condo

Buying a Condo at Ocean Edge

Buying a home is stressful for anyone. However, if you are prepared for what is ahead, you can limit your stress if you know what to expect when buying a condo at Ocean Edge. Start keeping track of your credit score, secure pre-approval and obtain vital paperwork for your lender as soon as you decide you are ready to make the leap into home ownership. If you are currently renting and are unsure as to how to make the transition from renter to home owner, check out our blog “Renter to Homeowner: How to Make the Leap.”

Stage Your Ocean Edge Condo in Brewster for Fall Showings

Staging your Ocean Edge condo properly for the fall real estate market is important in order to sell your property quickly and at the right price. Ocean Edge in Brewster is a very desirable location with plenty of competition within the condo complex. Know your market and who you are trying to sell your home to during the fall season. Check out our blog, “How to Appeal to Buyers of Every Generation.” Ocean Edge condos in Brewster can be very appealing to various generations of buyers for many reasons, which work to your favor as a seller. For example, the amenities at Ocean Edge Brewster are very appealing as is the location of the complex. Make sure you do not miss out on your sale and find out how to stage your Ocean Edge condo for the fall real estate market and sell it now!

De-Clutter

A cluttered environment distracts buyers from being able to see the potential of your property and ultimately purchasing your Ocean Edge condo. You could be covering up your property’s best features by cluttering up your space and turning buyers off. This could cause them to walk away and check out neighboring condos for sale that are staged to show off the condo’s full potential. Clutter can give buyers the impression that your condo is small because of all of the stuff in the way taking up precious space. This could be overcrowded shelves, too much furniture or even bulky furniture that does not fit the space.

This is why it is important to tidy up and remove clutter before you start showing your cond to potential buyers. It might be a good idea to retain a storage unit to keep unnecessary furniture or belongings that take up too much space in your condo. Finding creative storage pieces (as mentioned in our blog “5 Ways to Maximize Your Storage Space“) to create homes for your smaller pieces. Creating a place to put away your smaller items when you are not using them organizes your space and reduces the amount of stuff laying around your home when showing your Ocean Edge condo.

Declutter Your Condo

Thorough Cleaning

This might seem like a no brainer, but doing a thorough cleaning of your condo makes a huge difference in the appearance of your property. A dirty home will instantly turn buyers away because this is your chance to make a first impression! If the condo looks neglected, the potential buyer will wonder what else is being neglected. Is there a major issue that is being ignored and will they have to deal with it once they buy the condo? A sparkling property will keep buyers focused on the important key features of your home, and encourage them to picture themselves living in this clean and new feeling home.

Consider hiring a professional cleaner to do a deep clean on your Ocean Edge condo. It may seem like an unnecessary expense, but a professional cleaning makes a big difference in the quality of the job done on your property. As the homeowner, you are familiar with your condo and know it best without a doubt. However, you are also comfortable with your home and maybe miss out on cleaning key areas that wouldn’t stand out to you, but would stand out to the home buyer. Avoid this by hiring a cleaner every few weeks to do a cleaning on your property. If you have de-cluttered and organized your space, it shouldn’t be too difficult to keep your condo in good shape in between cleanings while your property is shown. For more tips on how to prepare your home for selling, check out our blog “5 First Time Seller Tips.”

Thorough Cleaning of your Ocean Edge condo

Depersonalize

When a buyer walks into your home, they need to be able to picture themselves and their families in that space. That is what will sell the home to the buyer. Walking into your home and seeing pictures of you and your family all over the place could make it difficult for the buyer to see themselves when they’re seeing you all over the condo. If your walls seem bare with all of your pictures down, consider hanging some mirrors to brighten the space and make it feel larger.

Remove pictures of yourself and your families from the walls and tables around your home so the buyer can only pictures themselves living in the space. Momentos from trips out and children’s artwork can also make your condo too personal for buyers, so consider putting these objects away until you move into your new home. Personal items are safer put away anyway when you are showing your home. It would be terrible to have your glass figurine from your child’s first Disney trip broken by accident as a buyer was viewing your property.

Define Space

It is important that every room in your home has a clear purpose and use. This will help the potential buyer envision themselves in this space. As we become more comfortable in our home, rooms often take on new roles as our needs change. A formal dining room may become a landing spot for backpacks and sports gear, and you eat dinner with your family in the kitchen or on the go. An office might become a laundry folding station and storage space. Whatever your rooms have developed with time, it is important that they have a purpose that is clearly communicated to the buyers.

Remove anything from the rooms that conveys a message that is anything different than what it should to define that space. If you work out in your office space, remove the elliptical machine, put it in storage and focus on making the room feel like an office. With the number of millennials working from home and spending time on their tablets or laptops, they need to be able to envision themselves in that space working. Empty nesters would like to see a dining room where they could invite their children over for dinner instead of a reminder of what they had when their children were young coming home from school dropping their things on the dining room table.

Define Space of your Ocean Edge condo

Stage Your Ocean Edge Condo

For a successful Ocean Edge showing, it is important that you consider the staging of your condo. Remove the clutter, clean your condo thoroughly, depersonalize and define the rooms in your home. Taking these steps will make your Ocean Edge condo stand out among the others, and get your condo sold in a timely manner for the right price! Michael Leighton has been the #1 Agent at Ocean Edge since 2004 and the #1 Agent in Brewster since 2007. Contact him and his team of professionals today to sell your Ocean Edge condo.

Cape Cod Vacation Homes - 3 Things To Consider Before You Buy

How many of us dream of driving off for the weekend to spend time in our Cape Cod vacation homes. A second home in a favorite spot to escape the every day is a dream come true. While so many of us dream of owning a second home, very few actually take the plunge and make their wish a reality. Are you able to make the leap and purchase a Cape Cod vacation home? Here are a few things to consider before making the leap and purchasing your vacation getaway.

Can You Afford It?

Before getting swept up in the romanticism of owning a second home, take a look at your finances. Remember that taking on the financial responsibility associated with purchasing a home goes beyond just adding a second mortgage. In addition to paying for a mortgage and taxes on the property, you need to pay for insurance and all of the utilities of the home even when you are not there. Although you will not need to heat the home year round to a level of comfort for you and your family, it will need to stay heated to prevent pipes from freezing in the winter months. However what many owners of Cape Cod vacation homes do is just have their property winterized by a professional. Winterization typically includes turning off the water, draining the plumbing system and blowing the lines clear of any water to prevent freezing damage during the cold months. It also includes treatment of toilets and drains with anti-freeze.

Another thing to consider is that life is unpredictable, and so is your home. Problems pop up all of the time. One good rain storm could uncover a leak in the roof of your current home that needs to be addressed immediately. This unforeseen expense is one of many that could pop up in your primary residence or even your second home. Make sure you have a nest egg to draw from if and when unforeseen circumstances pop up. Buying however a condominium within a well run association is an option, so you’re not left alone with those unforeseen problems.

Since your second home is not your primary residence, and most likely a bit of a distance from where you live, you probably won’t get to visit every week. If you have children, they are likely involved in activities that keep you from enjoying your holiday home. A property that is not inhabited or watched over for periods of time could be a target for burglary. The good news is that you can just hire a property manager to check in on your property. It’s a wise expense if you can’t check in on your property a couple times per month. If the mail is picked up daily, lights are on occasionally and the property is maintained, it is less likely to be targeted. Another option is buying within a condominium complex which can reduce this risk in the 1st place.

Can You Afford It

Location Location Location…

Picking the location of your second home can be tricky. Your second home is your escape from the day to day, so you want to be removed from your everyday reality to truly relax and enjoy yourself. However, if you choose a spot that is too far from home, how frequently will you be able to get there to make it worth the upkeep of a second home? If you’re only going to be able to enjoy your second home a couple times per year, is it worth the money spent on the mortgage, taxes and utilities? Buying a second home far removed from your primary residence means that in addition to accounting for household expenses associated with the home, you need to figure in travel expenses to get to the holiday home. That’s why Cape Cod vacation homes are a great option for New Englanders. You’re on the Cape within a few hours of driving, so vacationing for a week,  just a few days or the weekend is possible. No need for spending hours of planning trips and expensive plane tickets.

Location, Location, Location

Can You Offset The Cost Of Cape Cod Vacation Homes?

One of the great advantages of Cape Cod vacation homes is that you can fairly easy rent them out as summer rentals. Since most likely you won’t be vacationing all summer long at your Cape Cod summer home, it’s a good idea to just rent any summer weeks you’re not able to be here. This will help offset some of the expenses associated with your second home. There are plenty of real estate agencies, especially in seasonal communities such as Cape Cod that can help owners rent their Cape Cod vacation homes. Our rental division helps property owners from Orleans to Barnstable get their vacation homes rented. See for yourself all the Cape Cod Vacation Homes we currently have in our inventory. We make sure your property gets booked on dates that you decide you won’t be able to be at your property. Take a look at condos currently for sale at Ocean Edge. These condos typically have a great rental potential which is outlined on our Ocean Edge Investment page.

Enjoy Your Cape Cod Vacation Home

Now Relax and Enjoy Your Second Home!

Purchasing a second home is a big financial commitment that you want to make sure is worth the money and upkeep before making the leap. The trick is to find a place that allows you to relax and escape the every day without breaking the bank. Now that you’ve done your homework, and took advantage of what Cape Cod vacation homes have to offer, it is time to enjoy the fruit of your labor! Thinking about buying a second home at Ocean Edge? Here are 5 Reasons to Buy an Ocean Edge condo. Contact Michael Leighton and his team at Leighton Realty today. Michael has been the #1 Agent at Ocean Edge since 2004. Check out our testimonials to see what current and past customers have to say about their experience with Leighton Realty.