Posted on October 1, 2018
Kadilak Realty Group is hosting a FREE Educational Real Estate Class! This class is for anyone who is thinking of buying or selling a home in the next year. To Register visit www.KadilakWorkshop.com or e-mail Susan@KadilakRealtyGroup.com
The topics for this event will include:
Posted on September 27, 2018
Yay! You just bought a home! Once you are through unpacking (mostly) and some of the dust settles, many new homeowners get a letter from their mortgage company. This letter explains that the mortgage company has sold their loan to someone else. And oh, by the way, the owners (you) have to start sending the payments to the new company at a new address. And oh, also by the way, the owners might have to re-set up auto pay with the new company even though they just finished setting it up with the first one.
Posted on September 20, 2018
Renting an apartment is stressful, time consuming, and expensive! Once you’ve found the place you like, and go through the application process, you will have to handover a bunch of checks for various deposits. Here is a list of payments you may need to make:
Posted on September 7, 2018
A few weeks ago, I got asked by one of my clients, “What is this charge on my closing costs for the title insurance?” This is a question we receive frequently as there are often 2 charges for title insurance- one for Owner’s Coverage (optional) and one for Lender’s Coverage (required if you are getting a loan).
Posted on August 23, 2018
Are you envisioning yourself in that outdated, yet cozy, wood-burning fireplaced living room? Or do you have your heart set on that new master bedroom suite with the walk-in closet and master bath with soaking tub and his and hers sinks? Are we looking for old, or new?
Posted on August 17, 2018
Typically, one would think that a room needs a closet in order to be counted as a bedroom, right? If you ask a handful of professionals, such as: realtors, homeowners, appraisers, inspectors, ect. “What defines a bedroom?” You will most likely get at least 5 different answers. With a housing stock as old as it is in the Greater Boston area, you are bound to run into a tiny room without a closet being labeled as a ‘bedroom’. You may think to yourself, “Are they serious?”.
Before splainin’ to them how the “bedroom rules” work, read on…
Posted on August 8, 2018
Moving is one of the most stressful things that we are forced to do in life. In the course of one day you are forced to bring all of your earthly possessions from one place to another. It’s expensive, time-consuming, and generally unpleasant all the way around. I thought it would be worth looking into the difference in cost of moving yourself versus hiring professionals. For our purposes, I am basing my costs on a two-bedroom apartment, fully furnished with two adults. No matter how you choose to move the actual stuff, some costs are going to be universal, let’s start with those.
Posted on July 27, 2018
The debate about whether it makes more financial sense to rent or buy has been raging for decades.
Advocates of buying say: When you rent, you’re essentially paying someone else’s mortgage. Buying is an investment—one that can significantly increase in value every year you own the home.
Fans of renting say: The extra costs associated with owning a home (interest payments on the loan, property taxes, homeowner dues, improvement/repair costs, etc.) add up. And there’s no guarantee that those expenses will be recouped when the house is sold. Instead of investing in a home, you may be better off investing your savings in stocks, bonds, and other financial securities.
Posted on July 20, 2018
Say what? Radioactive uranium is commonly found in the ground in Massachusetts? And that same radioactive uranium decays into radon, the leading cause of lung cancer in non-smokers? Yep. It’s EV-ERY-WHERE. With that said, take a deep breath and read on. The concentrations typically found in the environment are below , and there are ways to figure out how much is in a home and/or reduce those levels to reasonable amounts.
Posted on June 29, 2018
You did it!! You have an accepted offer! After looking for months, being outbid for properties and being turned down, you finally found the house for you. The stars aligned, the moon-cycle was right, and you got that offer accepted. You spend a little time celebrating, have a toast and a nice meal, and talk about where your things will go in the new place. The first matter of business after patting yourself on the back is usually the home inspection. This generally happens within a few days of the offer being accepted, and is a safeguard so you don’t buy a house with major structural, electrical or safety issues. Here’s the thing: home inspections are scary. You end up with a laundry list of ALL the faults there may be in your new house. Some findings are very serious, and give reason to back out of the sale. Often times, however, issues that sound really serious and dire have pretty easy fixes and don’t need to kill the deal. Here are a few of those things.
Visible water damage is super ugly and extremely noticeable. You will see it in ceilings under bathrooms, near corners of the house, or under an attic that may contain a pipe. Your gut instinct will be to ask the seller to repair it. Read More