Marianne Avila - Berkshire Hathaway HomeServices Verani Realty



Posted by Marianne Avila on 7/5/2020

If you’re planning on buying a home in the near future and are confused about many of the terms associated with mortgages, you’re not alone. Real estate is its own industry with its own set of processes, terms, and acronyms. If you’re new to the home buying process, there can be somewhat of a learning curve to understand what each of these terms means.

Since buying a home is such a huge investment and life decision, there’s a lot of pressure on home buyers to make sure they get everything right. This makes for a stressful situation for buyers who don’t feel like they understand the terminology of things like mortgages, appraisals, credit reports, and other factors that contribute to the home buying process.

To alleviate some of those concerns and to make the home buying process run more smoothly, we’ve compiled a list of the most common, and most commonly confused, real estate words, terms, and acronyms. That way, when you’re talking things over with your real estate agent or your mortgage lender, you’ll be confident that you understand exactly what’s being considered.


Read on for our real estate terminology glossary.

  • Adjustable rate mortgage (ARM) - This is one type of home loan. Mortgage rates with this type of loan fluctuate throughout the repayment term of the loan. The fluctuation is based on a market indicator.

  • Fixed rate mortgage (FRM) - Another type of home loan, a fixed rate mortgage has a rate which does not fluctuate, remaining constant for the life of the term, most commonly 15 or 30 years.

  • Appraisal - An appraisal is the determination of the value of a property. Appraisals are used when purchasing and selling a home, as well as when refinancing a home loan. Appraisers are required to be licensed or certified in each state and are usually paid for by the lender.

  • Appreciation - An increase in a property’s value, most commonly due to market inflation, or the general increase in home prices over time.

  • Depreciation - A decrease in a property’s value, due to either market deflation (uncommon) or the wear and tear on a home that comes with age.

  • Closing costs - The costs and fees that a buyer is responsible for when purchasing a home or taking out a mortgage. These include underwriting fees, inspections, appraisals, transfer taxes, and more. Closing costs typically range from 2% to 5% of the total loan amount.

  • Contingency - Home purchases have contracts to protect the interest of the buyer, seller, and lender. Contingencies are provisions designed to protect the buyer or lender should something occur in the time leading up to closing on (or purchasing) the home. One common contingency is the buyer’s right to have a final inspection of the home before closing to ensure no new issues with the home have occurred.

  • Private mortgage insurance (PMI) - Buyers who cannot afford a down payment of %20 typically are required to take out a private mortgage insurance policy. This policy protects the lender should the borrower default (fail to repay or meet the conditions of their loan).






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Posted by Marianne Avila on 6/28/2020

Image by tookapic from Pixabay

Nothing brings nature into the home like utilizing fresh herbs in culinary masterpieces to make them as special as those you’ll share them with. Sensational herbs can be grown with ease, as some of the most savory and flavorful ones are disease, pest and drought resistant.

Furthermore, most herbs will even grow in poor soil conditions, but they are also available ready-to-consume from local nurseries. Prepare to get cooking with six herbs either in dried form or fresh from the garden.

1. Chives: The Chillest Herb of All

While seedlings grow fast, this affordable flavorful herb can be grown amidst the garden with little effort. Situating collections of the small onion bulbs in landscaping beds adds lavender blooms and greenery every growth cycle. They mature quickly and make zesty additions to dishes like soups, omelets, potatoes, dips and more.

2. Pinches of Parsley

Delicious in stews, atop vegetables and almost a staple in Italian cuisine, parsley is a relatively hardy biennial that can be grown from seed or via plant transfers. Best in pots placed in sunny southern-facing windows, cut back parsley routinely and keep it watered well to enjoy a fresh supply all year long.

3. Aromatic Sage

Popular in Mediterranean dishes and ideal in both meats and broths, sage is widely appreciated for its rich, hearty flavor and diversity for culinary uses. As a lovely perennial that will grow three feet or taller, sage can be employed in soothing teas, tinctures, and side dishes or even as a decorative edible to spruce up plate presentation.

4. Tasty Thyme is Great Anytime

This dainty perennial herb only grows about 8 inches high but packs a big punch making just a wee bit on meats and dishes enough to indulge the palette in a treat. Just a teaspoon seasons a 5 pound roast and 1/4 teaspoon is a scrumptious addition to meatloaf and burgers.

5. Transform Bland to Bold with Basil

Dried or fresh basil is a highly diverse herb that bursts with aroma and spicy flavors. Fresh basic is best, especially for stews, soups or slow cooked dishes of any sort. Add a leaf or few pinches of dried basil to quickly transform a bland meal into something truly special. As a bonus for fresh growers, the aroma straight from the planter is simply amazing.

6. Savor Every Taste with Summer Savory

True to the savory family is the original…summer savory, which is often used along with other herbs to warm up the taste of beans, vegetables and soups. A bit goes a long way, so about a tablespoon of fresh summer savory is adequate for about a quart of stock or liquid bean mixtures. The slender foliage grows about 15 inches high and works well in most flowerbeds or potting situations with well drained soil and ample light.

The wonderful world of herbs can add beauty, fragrance and flavor to your new home. Consider starting a small garden with these six essential savory culinary helpers.




Tags: Cooking   herbs   herb garden  
Categories: Uncategorized  


Posted by Marianne Avila on 6/21/2020

Image by sandid from Pixabay

Our homes are special from the first time we enter. That's why we spend our precious time and money caring for our dwellings when bad weather threatens damage.

Spring Windstorms

For homeowners, windstorms are often unassuming. We all know to watch for snow or rain, but high winds can cause significant home damage.

While we can't control the wind, there are some proactive measures we can take. Refasten any loosely hanging shingles or gutters. Check the yard for unsecured items that could become projectiles in high winds. Finally, remove branches or whole trees that are within falling distance of the house.

Winter Snowstorms

During the winter, one of the biggest problems for homes involves the weight of snow. As mentioned above, make sure to trim any branches hanging over the house. The last thing you need is a heavy branch falling on your roof.

Before it gets too cold, you should also change filters and perform necessary maintenance on your home heating devices.

Spring/Summer Floods

Over the past decade, floods have happened more frequently due to climate change. If you live in a minor floodplain, now is the time for a plan of action.

You may want to consider building trenches and water runoff channels into your yard. Many homeowners also build decorative concrete walls or other barriers around their homes. Lastly, consider investing in a sump pump to remove internal flooding.

Hurricanes

Hurricanes are the most destructive of storms; however, preparation mirrors earlier examples. Preparing for hurricanes means preparing for the worst possible winds and floods. Make sure to reinforce any home appendages, barricade doors and windows, and build water barriers.





Posted by Marianne Avila on 6/14/2020

Believe it or not, upgrading your residence's curb appeal won't necessarily force you to break your budget. Now, let's take a look at three cost-effective ways to improve your house's curb appeal.

1. Mow the Lawn

Tall grass and weeds are unlikely to do you any favors, particularly if you want to reap the benefits of a fast, profitable home sale. Fortunately, if you spend some time mowing the lawn and trimming the hedges, you may be able to boost your house's curb appeal.

It generally won't take long to perform lawn maintenance tasks. Then, once you complete these tasks for the first time, you can set up a schedule to complete them every week or every other week until your residence sells. That way, your lawn will continue to look great in the eyes of potential buyers.

2. Clear the Walkways

Dirt, dust and debris may make your home's exterior walkways look messy. Perhaps worst of all, these problems may drive prospective buyers away from your house.

On the other hand, neat, tidy walkways could help your residence stand out to potential buyers. If you devote time and resources to sweep and clean your house's exterior walkways, you can increase the likelihood that your residence will make a positive first impression on buyers.

3. Remove Decorations

Although plastic flamingoes, lawn gnomes and other home exterior decorations have helped you distinguish your house from others in your neighborhood, now may be a good time to put these decorations into storage. Because if you keep decorations on your lawn, it may be difficult for a buyer to envision what life may be like as the owner of your house.

Remember, your goal as a home seller is to make your residence as appealing as possible to prospective buyers. By removing home exterior decorations, you can show off your residence's full potential. As such, you can make it easy for buyers to fall in love with your residence as soon as they see it for the first time.

As you search for ways to upgrade your house's curb appeal without breaking your budget, you may want to consult with a real estate agent too. This housing market professional is happy to provide home selling recommendations and can help you transform your home's exterior from drab to fab.

Typically, a real estate agent will provide expert guidance at each stage of the house selling journey. He or she first will help you craft a home selling strategy and promote your residence to dozens of prospective buyers. Plus, once you receive an offer to purchase your home, a real estate agent can help you analyze this proposal. And if you accept an offer to purchase your house, a real estate agent will do whatever it takes to help you quickly finalize your home sale.

Ready to list your residence? Upgrade your house's curb appeal today, and you can move one step closer to achieving the best-possible results during the property selling journey.





Posted by Marianne Avila on 6/13/2020

This Single-Family in Methuen, MA recently sold for $719,000. This Colonial style home was sold by Marianne Avila - Berkshire Hathaway HomeServices Verani Realty.


57 Greenside Way, Methuen, MA 01844

Single-Family

$750,000
Price
$719,000
Sale Price

8
Rooms
3
Beds
4/1
Full/Half Baths
This stunning & sophisticated Colonial w/a contemporary flare in desirable Merrimack Greens allows you to be part of the Merrimack golf community.This luxury packed home has great curb appeal w/prof lndscd lawn, gunite pool,stone patio, flowering plants & tranquil waterfalls. High ceilings abound w/perfect flow for everyday living & ease of entertaining.Be impressed by the open concept LR that introduces the DR.Sparkling kitchen w/island, stone back-splash, granite, eat-in area w/panoramic views.Open concept living incl a cathedral sun filled fireplacd FR perfect for friendly gatherings.An office, laundry/mud rm w/counter/sink and a lovely BA Ascend to 2nd flr boasting a grand master suite w/sitting area, w/i closet & indulgent marble bath, 2 generous en-suite BRs, an impressive bridge overlooking FR. Stunning LL bonus & media rm,tiled 3/4 BA.Handsomely stated, Architectural Details, Breathtaking Sunsets- Experience Paradise!

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Categories: Sold Homes  




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