It is no secret that the best maintained homes receive a higher sell price than homes that need work.  In order to receive the most money for your house in a buyer’s market, don’t wait until selling your home to do maintenance repairs. 

Many times, just staying on top of maintenance can help minor problems from turning into major expenses.  Summer is the ideal time to evaluate the condition of your home. 

Leaks, painting, roof repairs, any rot or molds need to be addressed to avoid major problems down the road. 

If you are unable to spot problems even when you are looking at them, contact a home inspector once a year to inspect your home. 

Not only will you be saving money in the long run by addressing home maintenance problems, but that diligence could even fetch you a higher selling price in this buyer’s market. 

For more information on how to sell your home in the Malden, Everett, or Medford area, please contact John McCann at RE/MAX.

During the home buying process many buyers request a home inspection.  This is important in order to foresee any problems the house or property might be facing down the road. 

It is always important to be present with the seller during the home inspection, and even though it costs extra, do request a written copy of the home inspection report. 

This written form can be very helpful when the buyer of the house decides to sell.  At that point you can provide sellers with written documentation about any old issues with the home, and whether they have changed or not. 

Just like the inspection made the difference of buying or passing by the house when you were looking into the market, this can be true for when you are selling the home to new buyers as well. 

For more home buying or selling tips in the Malden, Everett, or Medford area, please contact John McCann at RE/MAX.

Homeowners in Malden, MA will finally be receiving some relief from the MWRA Advisory Board this year.  After reworking their budgets, the inclusion of $20 million in debt service assistance will provide sewer and water assistance for the residents of Malden and other MWRA communities.   This money will help keep Malden’s homeowners water and sewer bills to a minimum with their cut of the budget, which works out to about $406,376.  This money will significantly help to lessen the bill burden many homeowners in Malden, MA face and will be an incentive for future home buyers.  For more information on this and other Malden real estate questions, please contact John McCann at RE/MAX.

Local real estate market conditions in Medford, Massachusetts are currently considered a buyer’s market with a Market Action Index of 16.35. 

There are a total of 175 residential properties on the market.  The median single family home price is $707,139.  Other great incentives for new home buyers are the abundance of properties on the Medford real estate market and fair interest rates now being offered. 

However, one thing buyers’ should keep in mind no matter what the market conditions are - the best properties don’t last long. Buyers’ need to remember that when they find their dream house. 

For more information on finding your dream property in Medford, MA, please contact John McCann at RE/MAX with all of your Medford real estate questions.

Local real estate market conditions in Malden, Massachusetts are currently considered a buyer’s market. 

There are a total of 312 residential properties on the market.  This breaks down to 117 single-family homes, 91 condo properties for sale, and finally 104 multi-family units available.  Home buyers are ecstatic about substantially lower prices in Malden, MA. 

Other great incentives for new home buyers are the abundance of properties on the Malden real estate market and fair interest rates now being offered. 

However, one thing buyers’ should keep in mind no matter what the market conditions are - the best properties don’t last long. Currently 1 in 2 properties have sold in Malden in the last 6 months.  Buyers’ need to keep that in mind when they find their dream house. 

For more information on finding your dream property in Malden, MA, please contact John McCann with all of your Malden real estate questions.

Most real estate agents in the metro Boston area will agree that today’s economy represents a buyer’s market.  However which of these ‘buyers’ should actually be buying real estate in the Boston area of Everett, Malden, or Medford. 

An article on who should be buying real estate states that "Duel-income customers" and "people with assets in reserve and a credit score of at least 680", should be buying real estate at the lower prices offered now. 

The article goes on to suggest that "retired couples that are thinking of downgrading their housing situation", should hold onto their house for the present time as well as anyone planning on a major life change such as job transfers, marriage, or struggling financially. 

For more information on the metro Boston real estate market, specifically the real estate markets of Everett, Malden, and Medford, please contact John McCann at RE/MAX Real Estate.

Although the Boston metro area isn’t as high in the nation in foreclosures as other cities, delinquent house payments still happen - even to the best of us. 

During the foreclosure ordeal, one very important thing to keep in mind is persistence.  Many lenders want one less foreclosure process on their desk, and one way to remind the lender that you are interested in working out payments is to call him.  A lot.  And preferably before you are late on a payment.  Y

ou will be in the strongest position if you call or leave a message for your lender at least once a week to let him know that you are interested in refinancing or working out some other means of repayment. 

To constantly call your lender shows a high level of responsibility and persistence, even if it is to the point of annoyance. 

For other real estate tips or information on Boston metro area real estate, please contact John McCann at RE/MAX Real Estate.

Due to the buyer’s market in the greater Boston area and much of the nation, sellers have started using a new pricing method to encourage sales. 

It is called the value-range marketing or range pricing method.  Instead of offering your house at a single price, provide a price range.  The higher price should be what you have been asking and the lower price is about 10-12% less. 

This shows potential buyers that you are serious about selling your house.  Realtors that have used this range pricing tactic say that it encourages buyers to make their offers match your range, and also widens your house’s appeal to more buyers. 

After you begin using the method, if you start getting offers on the lower price of your range, then you know that you were asking too much for the market conditions.  At the very least, this method gets buyers and sellers talking, which is the beginning stages of getting your house sold. 

For more information on selling real estate in the Malden, Everett, or Medford area, please contact John McCann at RE/MAX Real Estate.

Government officials have joined with a private developer to begin construction of a mixed-use development in the cities of Everett, Malden, and Medford called the River’s Edge. 

The planned development in the three cities would utilize the   Phase I development includes a 10-acre riverfront park, various commercial offices, and a luxury residential building containing 220 units, of which 15% would be affordably priced. 

The plan also includes opportunities for crewing recreation use for the local high schools.  For more information on this revitalization plan along the Malden River, please contact John McCann at RE/MAX Real Estate.

Local real estate market conditions in Everett, Massachusetts are currently considered a buyer’s market. 

There are a total of 333 residential properties on the market.  This breaks down to 90 single-family homes, 95 condo properties for sale, and finally 148 multi-family units available in Everett.  Home buyers are ecstatic about  substantially lower prices in Everett, Ma. 

Other great incentives for new home buyers are the abundance of properties on the Everett real estate market and fair interest rates now being offered. 

However, one thing buyers’ should keep in mind no matter what the market conditions are - the best properties don’t last long.  Buyers’ need to keep that in mind when they find their dream house. 

For more information on finding your dream property in Everett, MA, please contact John McCann with all of your Everett real estate questions.