Blog :: 12-2017

Closing Walk Through

Closing day can be exciting - and stressful - for homebuyers. The listing agent representing the seller, the buyer’s agent, and the buyer should run down a check list. The utilities (electric, oil, propane) should be swapped to the buyer for the day of the closing.  The buyer’s agent or attorney will request a list of service providers for the buyer to contact prior to closing day.

At the property, turn on the heat/air conditioning, the washer and dryer, and the dishwasher. Check the lights, turn on the taps, and flush the toilets. Test the garage doors, if appropriate. Make sure that  items that were supposed to remain are there and those that were agreed to be removed are gone. Compare the condition of the home to the inspection report to make sure all agreed upon repairs are complete.

The home should be broom swept clean and the lawn/yard should be maintained. Bring your contract and inspection report to refer to. Take notes and photos of anything amiss to share with your attorney prior to signing the final closing documents.

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    To Rent Or To Buy...That Is The Question

    Home ownership is one of the keystones of the “American Dream.” The earlier you get in the game the better off you will be in the long run.

    When you rent, your rent can go up annually or at the landlord’s discretion, but your mortgage payment is fixed if you get a fixed rate loan. At today’s still historically low rates, time is of the essence to take advantage of these rates before they rise.

    The best deals are often those that need some cosmetic updates and have been on the market for a long time due to the lack of the WOW factor - have some vision and it will pay off.    

    Homes in Salisbury and Sharon, Connecticut, and the Tri-State area that have been renovated often sell for top dollar so drop by our office or call us at Best & Cavallaro Real Estate and let us help you find a good investment.

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      The World of Tile

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      Selecting tile for any project, whether floor, kitchen or bathroom, can be a labyrinth of choices. The seemingly infinite variety of tile increases yearly with fashion and improved technology.

      Currently there is a mainstream trend for porcelain tile that imitates other materials such as marble, limestone, and even wood. The recent American trend for patterned encaustic tile (composed of different colors of clay) follows a 100+ year old European tradition, adding a modernist twist with color and motif.

      Beautiful handmade ceramic tiles with jewel-like glazes make the choices even harder.  Then of course there are stone tiles, in various sizes and formats.

      Here's a link to an online review of tile products written by The Spruce.

      If you have very definite tastes and decide quickly and easily, great. If not, consider engaging an architect or designer to help you navigate the sea of choices and who can refer you to reputable tile dealers and installers.

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        Food Bank Donations

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        As the holidays approach, many food banks will see a temporary increase in donations. However, there are items besides food that you might not think about.

        If you travel and are offered those small bottles of shampoo, conditioner, lotion, and wrapped soap, bring any unused items home with you and donate them to your local food bank/pantry.

        If your dentist sends you home with a new toothbrush (that you don’t really need) and a tube of toothpaste, they would also be appreciated. If you are looking to drop off items that are always needed, consider donating unopened packages of personal hygiene products.

        The most commonly requested food items include pasta and pasta sauce, coffee (ground), sugar, flour, oil, soups, canned meat and tuna, and cereal.

        In Lakeville, the Corner Food Pantry is a not-for-profit, volunteer-run organization supported by donations that provides food to individuals and families in the Tri-State area. For information about making donations to the Corner Pantry, please visit their website: thecornerfoodpantry.org.

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          Airbnb in the Northwest Corner?

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          Some homeowners are now renting out their homes and rental properties short term through Airbnb, Home Away and VRBO, to name a few. This somewhat recent phenomenon in the NW Corner and surrounding areas has been ubiquitous in urban centers for years, offering more affordable and unique options to hotels. Considering our limited local hotel rooms, particularly during peak seasons, this option has been a popular and lucrative alternative.      

          A recent search on the Airbnb website found over 300 choices of housing options in the TriCorner, including Southern Columbia, Southern Berkshire, Northern Dutchess, and Northern Litchfield Counties.

          Some of the considerations in running such an operation include one’s ability to deal with inquiries, reservations, pets, preparation for, and cleaning up after guests. Some investors are actually buying homes to rent out on a short-term basis.  It would be wise to check with the local town Planning and Zoning Board to make sure that one is adhering to applicable ordinances.

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