Upper Cape Realty



Posted by Upper Cape Realty on 11/21/2018

The decision to purchase a second home may be one of the biggest choices you will make in your lifetime. As such, it is important to consider all of the factors associated with a house purchase before you embark on a quest to acquire a second residence.

Now, let's take a look at three key factors to evaluate as you weigh the pros and cons of purchasing a second home.

1. Your Current House

Consider the state of your current house – you will be happy you did. If you assess your current residence, you may be better equipped than ever before to determine if now is a good time to start a search for a second house.

For instance, if your home needs a new roof or requires other repairs, you may want to complete these improvements first. After these house repairs are finished, you then can kick off a search for your second house. Perhaps most importantly, you can launch this home search with the reassurance that your current house is in good shape and likely won't require significant repairs in the near future.

2. Your Finances

If you still have a mortgage on your current house, you may want to focus on paying that off first. Once your mortgage is paid in full, you can conduct a search for a second house without having to worry about paying two mortgages at once.

Of course, if your current house's mortgage is paid in full, you should still evaluate your finances closely. Ensure you have sufficient finances to cover a mortgage for a second house, as well as your everyday expenses. By doing so, you can hone your search for a second house to residences that fall within your price range.

3. Your Immediate and Long-Term Plans

Think about why you want to buy a second home in the first place. Then, you can determine how this decision may impact your immediate and long-term term plans.

For example, if you want to return to college, buying a second home may affect how much money you have at your disposal that you can use to go back to school. On the other hand, if you hope to get a work promotion in the foreseeable future, you soon may have additional funds to help you make your dream of owning a second home come true.

As you decide whether to launch the search for a second house, take some time to consult with a real estate agent. A real estate agent is a homebuying expert, and he or she can provide housing market insights that you may struggle to obtain elsewhere. Plus, a real estate agent will guide you along the homebuying journey and can help you acquire a top-notch house at a budget-friendly price.

Account for these factors before you start your search, that way you can make an informed decision about whether now is the ideal time to pursue a second residence.




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Posted by Upper Cape Realty on 11/12/2018

BARGAIN PRICE! 1st time buyers/down sizers/investors,VA,USDA,FHA-This spacious Ranch sits on a bright corner lot with mature trees/plantings and is fully fenced in! Outside features vinyl siding, large deck,storage and generator shed. Many renovations over the past 5 years! Electrical has been upgraded w/a subpanel for a whole house generator. Eat-in kitchen has sleek black appliances and has been completely renovated with custom built slow shutting cabinets, countertops, backsplash, flooring and a deep sink. All rooms have ceiling fans and 6 panel doors. Huge master bedroom w/vaulted ceiling and recessed lighting. Newer carpeting (hardwood under), crown moulding and a complete bathroom renovation. Too many things to list them all! 1st floor laundry. Full basement offers 2 additional rooms and a large storage area. Gas heat, town water and passing Title V. Close to hwys/bridges, shopping & more. As shown in pics, sellers are packed and ready to move! OPEN HOUSE THURS 11/15 from 4-6pm.

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Posted by Upper Cape Realty on 11/7/2018

You may have a rough idea of what your home is worth. Maybe you have recently been given an assessed value on the home, or have peeked on an online search as to what comes up for your home. Do you really understand all of the things that affect the value of your home? There are many things that may not be obvious but are important to the number that you’ll come to when you decide to sell your home. 


The Number Of Your House


Do you live at 13 Elm Street or 7 Winner’s Way? Buyers have superstitions that surround numbers and street names. Don’t be surprised if the number of your house or even the name of your street brings buyers in or sends them running. There’s not much you can do to change the house number or street name, but it’s something to keep in mind. Sometimes the reason that certain buyers are turned off from your house is truly out of your control. If you do live on a desirable street, that can help bring up the value of your home due to the demand in the area. Remember that what some consider “unlucky” others consider a blessing (like the number 13!) 


The Neighborhood


While your home may be perfectly pristine, you don’t have much control over what your neighbors do. If there are neighbors nearby that have strange items in their yards, strange colored homes, or other eccentric tastes, buyers may be turned off from your home. This could actually cause the price of your home to drop slightly. You should be prepared for this to affect the sale of your home, but don’t be discouraged. If buyers enjoy your home enough, they’ll be able to turn off that all too bright paint color next door.


Greenery


Trees and greenery increase the value of a home. Don’t think of cutting down those trees on your property unless you have to! Trees that have grown up on your property will add a lot of value to the home in the future. If you’ve been living at your residence for 20 years or so, think of the value that those first seeds and bushes you planted have added! 


Interests Are Not Universal


If you have displays, shrines, or rooms dedicated to a certain hobby, it could either be beneficial or detrimental to your home sale. This all depends on who comes walking through the door for a home showing. If you’re a Veteran and have some Marine Corps things around the houses, it could attract the attention of other Vets. However, that strange Marilyn Monroe room you have might actually deter from the pool of people available to buy your home. Buyers like to be able to see themselves living in the home. Some circumstances make it easier than others for buyers to have a vision for themselves in your home.    





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Posted by Upper Cape Realty on 11/2/2018

A TRUE COTTAGE or BUILDABLE LOT! Looking for a quaint cottage or land in a great location? You found it here! Located in charming PARKWOOD BEACH is this small Summer cottage consisting of approx 285 sqft. The cottage has running water and electricity. Town lists as a one bedroom,one bath. Current electrical is fuses. There is no insulation or heat. Value may be in the land for some buyers, buyer to determine best use. 45 feet of frontage. Current structure is on blocks. NOT IN A FLOOD ZONE! Close to the beach. Great location! Don't let this opportunity pass you by!

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Posted by Upper Cape Realty on 11/1/2018

"Cape Cod Business Condos" - Commercial condo with half bath, oversized, overhead bay door. Super location for the busy contractor working both sides of the Canal and needing a clean, presentable business location. Easy access to MidCape and Rte. 3. Available for annual lease.

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