Lynne Hagopian - Coldwell Banker Residential Brokerage



Posted by Lynne Hagopian on 3/9/2020

The rent vs buy dilemma is something that Americans have been facing for decades. Both options have their benefits, and itís really a matter of timing and preferences when it comes to choosing which is best for you.

However, there are a lot of things to consider before making this decision. So, in todayís post weíre going to break down some of the benefits of renting an apartment and of buying a home. That way you can make your decision with a clearer picture of what each situation looks like.

One thing to note first, however, is that it isnít always as simple as buy vs rent. Some living situations draw on the pros of each type of living. For example, living in a condo might be a good option for people who want the privacy and independence of owning their own home, but who also donít have the time or desire to keep up with maintenance.

So, as we compare buying and renting, keep in mind that the features of each are not mutually exclusive.

Renting an apartment

Most people who are living on their own for the first time start off renting. For younger people just out of school, renting offers the first taste of independence without the prerequisites of homeownership.

When you rent your first apartment, youíll learn the skills associated with budgeting for your monthly expenses, making your rent payments on time, and will start learning some of the skills that it takes to run a household.

In terms of monthly costs, apartments can vary greatly. Depending on where you live (and how luxurious the apartment is) you could end up having rent and utility payments that are much lower or much higher than mortgage payments for a house.

However, apartment leases often come with the benefit of utilities, trash removal, and other expenses built in. They also typically require the landlord to maintain the apartment and the land it sits on.

Live in the northern part of the country and hate shoveling snow? Make sure your lease specifies that your landlord will provide snow removal.

One technique that many renters take is to find an apartment that is small and affordable while they save up for a home. In this case, itís worth living with fewer amenities if your end goal is saving for a down payment.

But, what if you want to own a home someday but havenít quite decided where you want to settle down? Maybe your work keeps you moving from place to place or youíve always wanted to move away to somewhere new.

Renting is typically a better option for those who arenít quite sure what their plans are for the next coming years. They can have a stable place to live while they figure things out and plan their next move.

Buying a home

Once youíve rented a home for a while, you might become increasingly aware that you want more space and more control over your home.

Youíre also likely noticing how much money you spend on rent each month that is essentially a net loss.

When you buy a home, your mortgage payments might be going to the bank, but someday the money youíve paid toward that home will be yours in the form of equity. You can then use this as a down payment for another home.

This financial benefit cannot be understated. Since house values dependably increase over time, owning a home is a great investment toward your future.

So, those are the main pros and cons of renting vs buying a home. Think about your circumstances and determine which one makes the most sense for you right now. Then, start planning for the future.




Categories: Uncategorized  


Posted by Lynne Hagopian on 3/2/2020

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 Photo by Erika Wittlieb via Pixabay

Have you ever made a move across the country? While this is a huge step, it can be extremely rewarding. Whether you’re moving for a job or you just want a fresh start, the whole process can be stressful and very expensive. However, there are some tips to consider that can help to ease the stress and simplify the process.

Timing is Key

While you may think that you can move at any time, you should be strategic on when you move—if you want to save the most money. Holidays, weekends and at the end of the month are the busiest — and most expensive — times to move, so choose wisely in this regard. To score the best savings, try to move during the week and before the month of May or after the month of September. These are the times when moving is extremely common, so the moving industry will ramp up costs during these times. You want to also ensure that you are 100% ready by the time of your move. Try to think about everything that needs to be done, then set a time for your departure.

Lighten Your Load

When preparing for your cross-country move, it’s also very beneficial to get rid of junk that you don’t need. Consider your necessities and throw away things that you never use. This step can be the deciding factor between renting a truck or taking your own car across the country. Renting a vehicle for a long-distance move can cost over $1,000, so it’s important to cut costs if possible. Be sure to go through boxes, throw away junk, and compact your belongings as much as possible.

Pack Your Own Food

Driving across the states for your move can take days. And if you’re driving a moving truck with all of your belongings, then this journey can take even longer. That being said, you’ll need to make eating and sleeping arrangements. Unfortunately, these expenses can really add up quickly, especially since you’ll need money for multiple meals and multiple nights on the road. Therefore, to save a little cash, be sure to pack food for the drive. Not only can this help you save as you’re adventuring from state to state, but it can also help you save on time. Rather than stopping every few hours to get a quick bite, you can conveniently eat while you drive or pull off the road for a few minutes.

Moving across the country can take a toll emotionally, mentally and physically. And if you’re doing it alone, this journey can be even more stressful. But by focusing on the three tips mentioned above, you can rest easy knowing that you’re well-prepared for this life-changing adventure.




Categories: Uncategorized  


Posted by Lynne Hagopian on 2/27/2020


166 Eliot Street, Ashland, MA 01721

Single-Family

$389,900
Price

7
Rooms
3
Beds
1
Baths
Welcome to 166 Eliot St where you find this unique extended full basement ranch set off busy road with plenty of parking! This light-filled home features an open floor plan with an expanded dining area, spacious family room & bonus room for an office or additional bedroom. The living room has a wood -burning fireplace, bow picture window, paddle fan & hardwood floors. The eat-in kitchen has granite counters, stainless appliances & center island on a neutral tile floor. The slider compliments the dining area overlooking the large deck w/built-in seating & a nice sized fenced-in backyard. The family room boasts a raised ceiling w/ a paddle fan, two skylights, hardwood floors & a side entrance to driveway. Master bedroom holds a king-sized bed! Other Features Include: Gas Heat w/ young High-Efficiency Heating System, Walk-Out Basement, Nest Thermostats, and a Storage Shed. Located in a convenient area with easy access to shopping, restaurants, and the commuter rail!
Open House
Saturday
February 29 at 12:00 PM to 2:00 PM
Join us at this extended full basement ranch set off busy road with plenty of parking! This light-filled home features an open floor plan with an expanded dining area, lg family room & bonus room for an office or additional bedroom. Features: Gas Heat w/ young High-Efficiency Heating System, Granite Counters w/ Stainless Appliances, Walk-Out Basement, Nest Thermostats, Fenced Yard w/ Shed. Great location for commuting near shopping, restaurants & train!
More Open Houses
Cannot make the Open Houses?
Location: 166 Eliot Street, Ashland, MA 01721    Get Directions






Categories: Open House  


Posted by Lynne Hagopian on 2/27/2020


166 Eliot Street, Ashland, MA 01721

Single-Family

$389,900
Price

7
Rooms
3
Beds
1
Baths
Welcome to 166 Eliot St where you find this unique extended full basement ranch set off busy road with plenty of parking! This light-filled home features an open floor plan with an expanded dining area, spacious family room & bonus room for an office or additional bedroom. The living room has a wood -burning fireplace, bow picture window, paddle fan & hardwood floors. The eat-in kitchen has granite counters, stainless appliances & center island on a neutral tile floor. The slider compliments the dining area overlooking the large deck w/built-in seating & a nice sized fenced-in backyard. The family room boasts a raised ceiling w/ a paddle fan, two skylights, hardwood floors & a side entrance to driveway. Master bedroom holds a king-sized bed! Other Features Include: Gas Heat w/ young High-Efficiency Heating System, Walk-Out Basement, Nest Thermostats, and a Storage Shed. Located in a convenient area with easy access to shopping, restaurants, and the commuter rail!
Open House
Saturday
February 29 at 12:00 PM to 2:00 PM
Join us at this extended full basement ranch set off busy road with plenty of parking! This light-filled home features an open floor plan with an expanded dining area, lg family room & bonus room for an office or additional bedroom. Features: Gas Heat w/ young High-Efficiency Heating System, Granite Counters w/ Stainless Appliances, Walk-Out Basement, Nest Thermostats, Fenced Yard w/ Shed. Great location for commuting near shopping, restaurants & train!
More Open Houses
Cannot make the Open Houses?
Location: 166 Eliot Street, Ashland, MA 01721    Get Directions






Categories: Open House  


Posted by Lynne Hagopian on 2/27/2020


166 Eliot Street, Ashland, MA 01721

Single-Family

$389,900
Price

7
Rooms
3
Beds
1
Baths
Welcome to 166 Eliot St where you find this unique extended full basement ranch set off busy road with plenty of parking! This light-filled home features an open floor plan with an expanded dining area, spacious family room & bonus room for an office or additional bedroom. The living room has a wood -burning fireplace, bow picture window, paddle fan & hardwood floors. The eat-in kitchen has granite counters, stainless appliances & center island on a neutral tile floor. The slider compliments the dining area overlooking the large deck w/built-in seating & a nice sized fenced-in backyard. The family room boasts a raised ceiling w/ a paddle fan, two skylights, hardwood floors & a side entrance to driveway. Master bedroom holds a king-sized bed! Other Features Include: Gas Heat w/ young High-Efficiency Heating System, Walk-Out Basement, Nest Thermostats, and a Storage Shed. Located in a convenient area with easy access to shopping, restaurants, and the commuter rail!
Open House
No scheduled Open Houses






Categories: New Homes  




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