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Posted by Bruno Real Estate Advisors, Jason & Judi on 12/10/2017

What should you expect after you make an offer on a residence? There are several steps that will take place between the time you submit an offer on a house to the date you finalize a purchase agreement, including:

1. Acceptance or Rejection of Your Initial Proposal

A home seller will have a short period of time to accept or reject your initial offer.

If a home seller accepts your proposal, you'll be able to move forward in the homebuying process. Conversely, if he or she rejects your offer, you may be forced to restart your home search.

On the other hand, a home seller may counter your offer as well. In this scenario, you likely will be given a set amount of time to accept or reject the counter-proposal. Or, you may be able to further negotiate with a home seller in the hopes of finding common ground.

The time between when you submit an offer on a home and receive a home seller's response to your proposal can be stressful. Fortunately, working with an experienced real estate agent ensures that you'll be able to stay up to date. This real estate professional will even help you put together a competitive offer on any home, ensuring that you can boost your chances of getting an instant "Yes" from a home seller.

2. Completion of a Home Inspection

Although a home seller has accepted your initial proposal, you'll still want to conduct a thorough home inspection to identify any major property issues.

For example, if a house has a faulty roof or defective hot water heater, an expert home inspector will be able to uncover such problems immediately. That way, you can learn about issues that may impact the long-term value of a home as part of an inspection.

If you find out about major issues with a home during a property inspection, you can rescind your initial offer and walk away from a house. Comparatively, if you still want to buy a home in spite of problems that were discover during an inspection, you can ask the home seller to complete home repairs or upgrades. You also may want to consider asking for a price reduction if major home repairs or upgrades are needed.

Ultimately, a home inspection will help you make an informed homebuying decision. After a home inspection, the ball is in your court, and you can choose to move forward with the purchase of a home, revise your initial offer or remove your proposal altogether.

3. Relocation to Your New Address

The final step of the home selling process involves closing on a home and relocating to your new address. At this point, all you'll need to do is pack up your belongings from your current location and move them to your new home.

Purchasing a home may seem impossible at times, but the homebuying process often gets easier as it progresses. Plus, homebuyers who collaborate with an experienced real estate agent can receive plenty of support as they navigate each stage of the homebuying journey.




Categories: Buying a Home   buying tips  


Posted by Bruno Real Estate Advisors, Jason & Judi on 12/4/2017


1244 Broadway,, Raynham, MA 02767

Commercial

$2,000
Price

1
Buildings
Office
Type of Comm.
PRIME LOCATION (on Route 138 at 495) ....1,600 sf FIRST CLASS OFFICE (Elevator, handicap accessible). SUITE 6 includes Reception Rm,, 4 private offices, staff area, conference /storage rm, kitchenette. Offered as 3 yr fixed rent lease plus $150. monthly maintenance fee common area and exterior grounds.
Open House
No scheduled Open Houses






Tags: Real-Estate   Raynham   02767   Commercial  
Categories: New Homes  


Posted by Bruno Real Estate Advisors, Jason & Judi on 12/4/2017

PRIME LOCATION (on Route 138 at 495) ....1,600 sf FIRST CLASS OFFICE (Elevator, handicap accessible). SUITE 6 includes Reception Rm,, 4 private offices, staff area, conference /storage rm, kitchenette. Offered as 3 yr fixed rent lease plus $150. monthly maintenance fee common area and exterior grounds.

More Info on this Property | New Listing Alerts




Categories: Uncategorized  


Posted by Bruno Real Estate Advisors, Jason & Judi on 12/3/2017

You have probably been claiming the standard deduction on your taxes up until the time you bought a home. Now that you’re a homeowner, you may want to start itemizing your deductions. Your property investment will help you to start saving money in a new way. There are many different kinds of tax breaks that are available to you. Here’s the breakdown of some of the best deductions:  


Mortgage Interest Deductions


Many times, the biggest tax break comes from deducting mortgage interest. As a homeowner, you’re able to deduct interest on up to $1 million worth of debt that was used to purchase or make improvements to your home. Each January, your lender will send you what’s called a form 1098. This lists the mortgage interest that you paid during the previous year. The form should include the amount of interest that you paid from the date you closed on the home through the end of year. 


Real Estate Tax Deductions


You’re able to deduct the local property taxes that you pay each year from your April tax forms as well. If you pay your property taxes through an escrow account, you’ll receive a statement from your lender. If you happen to pay your taxes directly, however, you’ll need to keep good records. You may have also reimbursed the seller for taxes that were paid on the home in the year you purchased it. This can be be included on your real estate tax deduction form. Payments into your escrow account cannot be deducted, as these are just set aside for future tax payments. 


Mortgage Insurance Premiums Can Be Deducted 


If you make a down payment that’s less than 20% of the home purchase price, you may have to pay monthly premiums for mortgage insurance. This is an extra fee that protects the lender if the borrower defaults on the loan. The good news is that these premiums are tax deductible. 


Home Improvement Projects May Be Deductible


You should save your receipts for all of the home improvements that you make throughout the year. This can be anything from windows to landscaping to new energy efficient heating systems. While you may not be able to make these deductions right away, if you make a large profit when you sell your home, the IRS could tax you. You’ll want these deductions available to you if this happens to save money.   


Energy Saving Homes Get Deductions Too 


Any energy saving home improvements that you make can give you an additional tax break. You can earn tax credits worth up to $500. Tax credits are more valuable than deductions since credits actually reduce your tax bill dollar-for-dollar. Other improvements work on a percentage-credit based on the cost of the improvements and the type of project that was done.        




Categories: Real estate   Tax Liens   finances  


Posted by Bruno Real Estate Advisors, Jason & Judi on 12/1/2017


278 Halfway Pond Rd, Plymouth, MA 02360

Single-Family

$649,900
Price

7
Rooms
3
Beds
2
Baths
ENCHANTING 8+ ACRE WOODLAND RETREAT! DISTINCTIVE 4 LEVEL CONTEMPORARY professionally landscaped. Charming "Portico Entry", relaxing rustic décor, custom wood, designer details by Master Craftsmen. ENTERTAINMENT SIZED ROOMS! Dramatic KITCHEN-DINING w/Cathedral Ceiling / Skylight, Island w/seating; GRAND LIVING RM w/SandstoneFireplace; MASTER BEDROOM w/ Juliet Balcony; HUGE FAMILY RM w/Woodstove & Hot Tub; Paverstone Patio (15x30). Alarm System, Central Air, 2nd Flr Laundry Rm w/Skylight. Upgraded Appliances, all NEW Flooring, HW Tank & Well Pump! QUAINT BARN(two story) 20x40+16x40 ..has private Well, Heating System and Electric Service. Perfect for artist, workshop or contractor. FOREST NATURE TRAILS (custom marked signnage …Cross Country Skiing & Sledding) ENJOY NEARBY "HALFWAY POND" (swim & fish)! Easy access to Major Highways, Shopping, Beaches and Cape Cod. Like a vacation getaway … everyday! WELCOME HOME …
Open House
No scheduled Open Houses

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Categories: Price Change