Shrewsbury, MA

Facts About Expired Listings Nearly 15% to 25% of all listings do not sell. The market rejects them. In other words, the market did not accept the Marketing Effort, the Price, the Condition, the Location, or a combination of these areas-perhaps all four of them! The good thing is that you control two of these areas: Price and Condition. We control one: Marketing Efforts. Marketing Effort Staging and Pricing Strategies For Sale Signs, Rider Signs, Directional Signs Tube or Box with Flyers and Distribution of Flyers in Neighborhood Flyers in House/Comment Cards Multiple Listing Service Web Listings with Virtual Tour Open House Program Track Showings/Collect Feedback Weekly Seller Updates Property Caravans And more! Condition A hundred dollar bill is a great metaphor: they all look good, but people will always choose the nice, clean, crisp one over a dirty wrinkled one. How does your house look to others? This is the crucial important difference between Showing condition and Living condition. Price Being overpriced is usually the reason a home did not sell, but condition will help determine what the market is willing to pay. Remember that YOU control price and condition. The wrong price attracts the wrong buyers. It creates a bad reputation for the house in the market place and makes properly priced homes look even better. Would anyone intentionally put their home on the market to help sell the competition? Location Nobody can do a thing about their location except to accent the positives and minimize the negatives.

Deciding how much house you can afford Your lender decides what you can borrow but you decide what you can afford. Lenders are careful, but they make qualification decisions based on averages and formulas. They won’t understand the nuances of your lifestyle and spending patterns quite as well as you do. So, leave a little room for the unexpected – for all the new opportunities your home will give you to spend money, from furnishings, to landscaping, to repairs. Historically, banks use a ratio called 28/36 to decide how much borrowers could borrow. An approved housing payment couldn’t be more than 28 percent of the buyer’s gross monthly income, and his or her total debt load, including car payments, student loans, and credit card payments, couldn’t be more than 36 percent. (In Canada lenders apply similar formulas to determine how much a buyer can afford. The Gross Debt Service ratio, or GDS, is not to exceed 32 percent of the buyer’s gross monthly income, and the Total Debt Service ration, or TDS, is not to exceed 40 percent of the buyer’s total debt load.) As home prices have risen, some lenders have responded by stretching these rations to as high as 50 percent. No matter how expensive your market though, we urge you to think carefully before stretching your budget quite so much. Deciding how much you can afford should involve some careful attention to how your financial profile will change in the upcoming years. In the long run, your own peace of mind and security will matter most.

Shrewsbury MA Real Estate ~ Just Sold 2 Williamsburg Court Unit #13, Shrewsbury Massachusetts. Listed at $74,900. Sold at $75,000 on 1/27/10. Sold by Bill Gassett, RE/MAX Executive Realty. This condo was another successful Massachusetts Short Sale closing.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This short sale was located at the popular Shrewsbury Massachusetts neighborhood known as Williamsburg Court! The Williamsburg court area is located coveniently off of RTE 9. This unit featured a large Master bedroom with walk-in closet. There was also a spacious living room with sliders to deck and a kitchen with room to have a good size table.

The Williamsburg complex is the perfect opportunity for a 1st time buyer to stop renting and get into home ownership! Heat & Hot water are included in the condo fee. Williamsburg is a nice neighborhood that is extremely well maintained with an inground pool, clubhouse and maginificently landscaped grounds.

The condo is located within minutes to Rt.9, 495, & 290. The total gross living area is 694 square feet. The monthly condo fee is $319.

Click the link to see a slide show video tour of 13 Williamsburg Court Unit 13 Shrewsbury Massachusetts.

See the Google Map below for an exact location of Williamsburg Court.

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Thinking of selling your home in Shrewsbury or other Metrowest town? I would welcome the opportunity to show you how my extensive online marketing can get your home SOLD! Over 85% of all homes are found online. I create a dominating online presence for my clients properties. My Real Estate blog and website are highly indexed in GOOGLE. You can see an example of my Shrewsbury MA Real Estate marketing

This property was another successful Massachusetts short sale. If you are considering doing a short sale and need some advice please feel free to get in touch.

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About the Author: The above Real Estate information for 2 Williamsburg Court Unit 13, Shrewsbury Massachusetts was provided by Bill Gassett, a Nationally recognized leader in his field. Bill can be reached via email at billgassett@remaxexec.com or by phone at 508-435-5356. Bill has helped people move in and out of Shrewsbury MA and other Metrowest towns for the last 24+ years.

Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!

For Massachusetts and Shrewsbury MA Real Estate and homes see Shrewsbury MA homes for sale. Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder Site.

I service the following towns in Metrowest MA: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Hopedale, Medway, Grafton, Northbridge, Uxbridge, and Framingham MA.

 

Click here to view Bill Gassett's Real Estate profile

 

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Building lasting relationships by helping people move in and out of Metrowest Massachusetts for the last 24 years.

Keller Williams Realty has great training & great people as many companies do. As a business decision you have to put Keller Williams at the top of the list. Many agents earn over 100%. This is a fact. The economic model developed by their agents is the best in the industry. If you put aside your emotions and think... of your business as a business you need to consider Keller Williams Realty. Contact me if you have any doubts, I chair the Finance Commitee for KW Greater Worcester and I approved this message. lol

Understanding the buyer As the seller, you can control three factors that will affect the sale of your home: * The home's condition * Asking price * Marketing strategy However, it's important to note that there are numerous other factors that influence a buyer, and you need to understand these consumer trends when you enter the sellers' market. The more your home matches these qualifications, the more competitive it will be in the marketplace. Your real estate agent can advise you on how to best position and market your home to overcome any perceived downsides. Location Unfortunately, the most influential factor in determining your home's appeal to buyers is something you can't control: its location. According to the National Association of REALTORS(r), neighborhood quality is the No. 1 reason buyers choose certain homes. The second most influential factor is commute times to work and school. Size While some buyers want to simplify their lives and downsize to a smaller home, home sizes in general have continued to increase over the decades, nearly doubling in size since the 1950s. Smaller homes typically appeal to first-time home buyers and "empty nesters," or couples whose children have grown up and moved out. Amenities Preferences in floor plans and amenities go in and out of fashion, and your real estate agent can inform you of the "hot ticket" items that are selling homes in your market. If your home lacks certain features, you can renovate to increase its appeal, but be forewarned: That's not always the right move. Using market conditions and activity in your neighborhood as a gauge, your agent can help you determine whether the investment is likely to help or hinder your profit margin and time on the market.