COMING SOON TO UPTON!!! This beautifully cared for 4 bedroom Saltbox colonial is a gem. Sunfilled kitchen and eat in are complete with butcher block counters with direct access to a large screened in porch and deck with composite decking and maintenance free vinyl rails overlooking the back yard and conservation area behind. The cathedral ceiling in the dining room is flooded with natural light from the skylight above. A formal living room and large family room with wood stove complete the first floor. There are 4 generously sized bedrooms upstairs. The master has a master bath with shower and a walk in closet. The basement has finished space that could be a playroom or exercise room or teen hangout. There is also a workshop/storage room off the two car garage under. Schedule a showing soon, this one will not last. Showings begin on Saturday June 19th by appointment. Listing will go live on June 15th.

This is a Colonial style home and features 7 total rooms, 3 full baths, 4 bedrooms, 0.59 Acres, and is currently available for $520,000.

For complete details click here.

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A showing enables a buyer to walk through a residence and envision what life may be like if he or she purchases it. And if a buyer crafts a home showing strategy, he or she can make the most of this opportunity.

Now, let’s take a look at three tips to help you plan ahead for a house showing.

1. Review the Home Listing

A home listing may include details about a house, as well as images that depict different areas of a residence. It also may feature information about various attractions and landmarks near a house.

By reviewing a listing prior to a showing, you can double-check to ensure a home falls in line with your homebuying goals. Plus, you can use a listing to understand what you may see during a showing and establish realistic expectations for a residence.

2. Make a List of Questions

There is no reason to enter a showing without a list of questions about a residence. Because if you attend a showing without questions in hand, you risk missing out on valuable insights about a house that otherwise could help you determine if a home is right for you.

As you create a list of home showing questions, consider what you want to know about a house that you were unable to learn from the residence’s listing. For instance, you may want to ask why a seller has decided to list his or her house. Or, you can craft questions about utility expenses and other home costs so you can get the information you need to analyze a house.

3. Prepare Your Home Showing Essentials

A home showing is a learning experience unlike any other, so it often helps to put together a bag of must-have items for the event.

For example, you may want to bring a pen and paper so you can take notes during a house showing. Meanwhile, some buyers carry a camera with them so they can capture photos of a house and review them after a showing.

As you prepare to attend a home showing, you may want to consult with a real estate agent as well. This housing market professional can take the guesswork out of planning for a showing and help you gain the insights you need to assess all aspects of a residence.

Typically, a real estate agent will meet with a buyer prior to a showing and offer insights into a house. A real estate agent and buyer then will attend a showing together and walk through a house. After a showing is complete, a real estate agent and buyer next will discuss the house and weigh its advantages and disadvantages. At this point, if a buyer wants to submit an offer to purchase a particular home, a real estate agent will help him or her craft a competitive homebuying proposal.

Want to maximize the value of a house showing? Use the aforementioned tips, and you can plan ahead for any home showing, at any time.

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Photo by Lukas from Pexels 

Reality TV shows highlight the high-risk, high-reward world of house flippers. These made-for-television dramas follow seemingly everyday people through challenges such as finding mold behind walls. In the end, they either ramp up their investment and turn a profit or lose it all.

The prospect of losing often deters would-be flippers from rolling the dice on what might evolve into a lucrative business. The solution some turn to involves purchasing land to minimize risk and turn a profit. Land flipping can deliver a high-reward with less financial risk.

What is Land Flipping?

The practice of land flipping mirrors that of house flipping. You purchase a parcel of land substantially below market value, often 5-35%. The goal is to resell the property at between 50-80% of its estimated value. After subtracting fees, land flippers can turn a tidy profit with limited risk and effort.  

Like any enterprise, land flippers must have a thorough knowledge of the sale and purchase process. They must also have a knack for spotting a good deal and the ability to calculate the return on investment benefits accurately.

How To Buy & Sell Land For Profit

The internet makes finding land and conducting due diligence increasingly easy. Buyers and sellers can peruse real estate platforms for parcels that fall into your initial budget. Many listings provide a property value history that can indicate whether the tract’s value is on the rise or decline. You can also set search parameters for properties that have been reduced. Familiarity with online resources ranks among the top skills land-flippers should develop.

Successful land deals typically require taking a hands-on approach once you have narrowed the possibilities. Consider the following initial due diligence before making the purchase.

  • Walk the Land: Examine the tract and search for things that could negatively impact resale values. This may include unfilled wells, pipes sticking up that indicate underground tanks and pest infestations such as active termites in rotting wood. Check the land for standing water that could indicate poor soil filtration. Also, does the tract have a raised area suitable for building?
  • Water, Sewer, Power: Parcels outside city limits may not have access to municipal utilities and services. If this is the case, consider speaking with abutters about well water quality, septic systems and the cost of running power or viable solar options. These will impact your ability to sell to a potential home builder or contractor.
  • Zoning: Check both the zoning regulations and building codes. The first will tell you what type of structure can be built. The second will provide insight into future building costs. For example, places that require elevated foundations may make it more expensive to build and the land less valuable.

If you are satisfied that nothing will significantly impede up-selling the land, consider brokering a deal. Prompt cash payments often help land buyers to negotiate a reduced price. This holds particularly true when a parcel lingers on the market.

How To Make Your Land More Valuable

After the closing, don’t hesitate to list the parcel at a price that delivers a quick return on investment. Flipping land is all about moving it quickly and pocketing a profit. That being said, you can improve a property’s perceived value by getting a dumpster, raking leaves, and tossing any debris into it. Real estate professionals typically call this “curbside appeal.”

The next steps usually include bulldozing a space to build. This move attracts contractors and people looking to build a new home. By now listing the property as a “buildable lot,” you have effectively increased its value.

Although every property presents unique challenges, the land flipping process remains relatively the same. Conduct your research, due diligence, and buy land below market value, often with the help of an agent. Tidy it up, remarket it and sell it closer to true market value.

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A home inspection represents a key stage during the homebuying journey. This inspection enables you to examine a house with a professional property inspector. And if you discover minor or major property issues, you can ask a seller to perform repairs. Or, you may choose to reduce your initial home offer or rescind your proposal.

Ultimately, it pays to be diligent during a home inspection. If you perform an in-depth assessment of a house, you can understand whether this residence is the right choice.

On the other hand, there may be property problems that you identify during a home inspection that you won’t ask a seller to repair. These issues may include:

1. Cosmetic Problems

If you ask a home seller to perform cosmetic repairs, the seller may choose to walk away from your homebuying proposal. And if this happens, you could lose your dream house to a rival homebuyer.

There is no need to jeopardize a home sale due to a cracked floor tile, a deck that needs to be stained or other cosmetic problems. Instead, plan to perform cosmetic repairs on your own.

In addition, keep in mind that many cosmetic issues are quick and easy to fix and won’t require you to break your budget. This means you likely will have no trouble completing myriad cosmetic repairs after you close on a home.

2. Loose Fixtures

A loose doorknob or light fixture can be frustrating. And as you walk through a house during an inspection, you may feel like repairing a loose fixture is a top priority.

Loose fixtures generally require simple hand tools to repair, and problems with these fixtures frequently can be solved in just minutes. As such, you may want to focus your attention on bigger and potentially more expensive home repairs as you determine which property repair requests to submit to a seller.

Of course, if a loose fixture creates a safety hazard, you should not hesitate to ask the seller to fix this problem. Because if a hazardous fixture remains in place, it may put your health and safety at risk.

3.Non-Functional Light Switch

A non-functional light switch may raise red flags as you inspect a house. But in many instances, this problem is minor.

If you notice a non-functional light switch during a home inspection, there usually is no need to worry. In fact, a property inspector typically can tell you whether a home’s electrical system is safe to use and up to code.

For homebuyers who are uncertain about how to proceed with a residence following an inspection, it pays to consult with a real estate agent. This housing market professional can offer expert tips to help you make informed decisions at each stage of the homebuying journey.

Consider your potential property repair requests following a home inspection. By doing so, you can prioritize major property repairs and increase the likelihood that you and the seller can find common ground as you work toward finalizing a purchase agreement.

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