Archive for the 'Roslindale' category
Inventory has been a challenge for buyers, down from this time last year, it is making it more difficult for buyers from Jamaica Plain, Brookline, Somerville to Cambridge. Multiple offers have been common pushing prices up combined with the interest rates slightly increasing, many buyers are feeling the pressure to find something to buy fast fearing that the rates will keep going up.
So why this lack of inventory ? The rates are still historically low and the economy is showing signs of improvements combined by the higher rents. We are seeing buyers willing to offer $10,000 to $60,000 over the list price and willing to waive the inspection contingency. This is pushing buyers out of the market either because they can't compete or they're discouraged by the lack of inventory. For more information, visit BostonPropertiesNow.com or call Emmanuel at 617-669-6277
This top floor 2 bedroom condo in Roslindale was renovated in 2006, it offers a beautiful kitchen with cherry cabinets, granite, stainless steel, formal dining room, renovated bathroom, a new gas heating system, front and back porch, great storage and parking for 2 cars. It is conveniently located just steps to the Roslindale Village amenities, shops, restaurants and public transportation. It's listed at $224,500 and is coming on the market this week with Open Houses on Saturday and Sunday. The address is 4106 Washington St #3 in Roslindale.
For more information contact Emmanuel Scibilia at 617-669-6277 or visit www.BostonPropertiesNow.com
Multi Families in Jamaica Plain, Roslindale and West Roxbury are in high demand these days. The number of Multi Families in Jamaica Plain for sale available today are 2, for Roslindale: 3 and West Roxbury: 2
This is very low and the number of buyers for this type of property continues to grow. The low interest rates combined with the increasing demand for apartment for rent makes it a very good investment for investors and/or owner occupants.
The picture above on the left is 3977 Washington St in Roslindale, it is a 3 Family with finished space in the basement and parking for 4 cars, it is new on the market.
The picture above on the right is 2 Jamaica Pl in Jamaica Plain, it is a 2 Family under construction. It used to be a single family home that was demolished. The picture is taken from Arborway and you can see the framing is almost done.
For more information, please contact Emmanuel Scibilia at 617-669-6277 or visit www.BostonPropertiesNow.com
What is the advantage of writing a letter and what does the letter need to be effective ?
In this world of technology and internet, it is great to get a personal letter or a card even when it's someone you're doing business with. That's why an increasing number of buyers are writing letters to sellers in competitive situations where offers could be very close to each other.
It also helps if offers are considered too high with concerns that it may not appraise.
I had a buyer recently who made an offer on a condo that was new on the market, she wrote a letter describing what she liked about the condo and how how well-maintained it was, the friendly neighborhood, that it was close to stores and that it was convenient to her job. She talked about her occupation and that she had lived nearby for several years and that she would take good care of the place. The strategy worked. Her offer was accepted.
It is better to be sincere and to keep it to the point not to exceed one page and it's not worth doing it for a bank-owned property but some sellers are not so impressed and may only look at the price and terms of the offer so there is no guarantee.
Another important thing to do is to make sure you submit the letter to your agent and to avoid contact with the seller especially without your agent's knowledge. Buyers should never have direct communication with sellers.
The letter should describe features and compliment the seller. It can also describe how long the buyer has been looking and where.
You can also try to find what you may have in common with the seller and add it in the letter.
Keep it short and sweet but be careful not to overdo it and don't expect your offer to bridge a $25,000 gap between your offer and the next one.
Multi families for sale in Roslindale are in demand, especially 3 Families. Today, only one property with 3 units for sale is available in Roslindale. The rest all have have accepted offers. Here is an example of one coming on the market later this week. It is $399,900, located at 4050 Washington St, Roslindale, it is a great opportunity to own a 3 Family in Roslindale featuring living room, formal dining room, 2 bedrooms on each floor with front and back decks and in-unit laundry. 2 car off street parking and 2 car garage. It is a convenient commuter & shopping location.
Why are there so little of them in Roslindale ? I think that the low interest rates, low inventory and a low inventory in the rental market make Multi Family properties popular especially with 3 units, bringing more rental income for an investor or an owner occupant buyer.
For people who own a Multi Family, it is a good time to consider selling it because the low inventory is creating a buz when a new property comes on the market and it is also leaving many buyers frustrated and looking for alternative neighborhoods.
For more information, contact Emmanuel Scibilia at email@example.com
This 2 bed condo will be coming to the market soon. It offers a garage space, central AC, a renovated Kitchen, in-unit laundry, private storage, front and extra large back deck with views of the hills, a few blocks to a commuter rail stop, shops and restaurants. It will be listed at $269,900
This is a good value for a condo with added features compared to other properties in Roslindale.
For more information, contact Emmanuel at 617-669-6277 or go to www.BostonPropertiesNow.com