Janet Cramb & Company/LAER Realty Partners



Posted by Janet Cramb on 3/3/2021

Image by Mike Gattorna from Pixabay

The benefits of buying a luxury home that's under new construction include customizing it to fit your life and your family, and choosing your own finishes is a perfect way to achieve this goal. But which finishes will still maintain their beauty under the stress of busy families on the go? Which ones require the least maintenance and will wear well under heavy traffic? Our experts have put together the perfect primer for homebuyers who want to customize their new construction from the ground up, so that the surfaces look great, last long and require minimal upkeep. Here's what we recommend:

Cast Concrete Countertops

Concrete tops the list for designing versatile-yet-gorgeous countertops. Completely customizable right down to the color, concrete is an upscale, elegant material for countertops in both kitchen and bath, and it has benefits that make it worth the effort, including:

  • Superior Heat Resistance
  • Extreme Durability
  • Ease of Maintenance
  • Versatility
  • When you choose cast concrete as your choice of countertop, you can customize it to fit any shape and any space. You can even choose to have materials such as decorative river rock embedded. You can have your concrete countertops dyed, stamped or polished to ensure that they're custom to your luxury home and your home only. 

    Eco-Friendly Flooring

    Even if you're drawn to exotic hardwoods such as jatoba (Brazilian cherry), resist the urge to install them in your new luxury home because they contribute to harmful deforestation of the world's rainforests. Opt for eco-friendly, sustainable woods instead. There are plenty from which to choose, including:

  • Bamboo
  • Cork
  • Plantation Teak
  • Reclaimed wood is a viable alternative to non-sustainable wood, as well. Old barn timbers and salvaged pine logs make beautiful, luxurious flooring options that add history and architectural appeal to every home without harming the planet. 

    Sustainable Cabinetry

    Wood is, far and away, the most popular choice for luxury kitchen cabinetry. And it's not just the type of wood used, but the style and design of the cabinets, as well. For upscale, luxurious wooden cabinets in your kitchen, pantry or bath, consider American hardwoods such as cherry, maple, alder or ash. The growth and harvesting of these trees are monitored by the American Hardwood Export Council and strict best management practices ensure that no species is stressed or over-harvested. Additionally, they're exceptionally hard to withstand all the dings and scratches that come with family use. Lastly, they look exquisite when installed in your kitchen as paneled ends on upper cabinetry, decorative legs on islands, and as the frames for elegant, glass-paned doors. 

    Your new luxury home is only made better by customization. Talk with your builder today about which finishes you'd like to see incorporated, and you'll love the end result even more. 





    Posted by Janet Cramb on 2/27/2021

    This Single-Family in Pepperell, MA recently sold for $540,000. This Colonial style home was sold by Janet Cramb - Janet Cramb & Company/LAER Realty Partners.


    2 Sartelle Street, Pepperell, MA 01463

    Single-Family

    $535,000
    Price
    $540,000
    Sale Price

    9
    Rooms
    4
    Beds
    2/1
    Full/Half Baths
    Country living just got better. Meticulously maintained 4 bedroom Colonial offers 2700 sqft and 2.5 baths. Private setting 325ft off the road with landscaped yard and deck. Convenient to schools, public library and more. Clean décor and natural light creates a warm and inviting feeling. Country kitchen at the heart of the home offers granite counters with an abundance of cabinets, stainless steel appliances and spacious dining area. Formal living room with fireplace, built-ins and crown molding. Traditional dining room setting. Family room addition creates a day-to-day place to go watch television, hang out, and spend time with your family. Designed w/cathedral ceilings, built-ins and triple pane French doors on to the deck. Master bedroom with full bath and walk-in closet. Two additional bedrooms and full bath on the second floor. 3rd floor walk up is finished with a bedroom and den. Great space to designate as at home work space. Hardwood flooring and many updates throughout.

    Similar Properties





    Categories: Sold Homes  


    Posted by Janet Cramb on 2/24/2021

    Before you list your house, you'll need to establish a competitive price for it. That way, you can increase the likelihood of stirring up plenty of interest in your house as soon as it becomes available.

    Now, let's take a look at three best practices for pricing your home.

    1. Evaluate the Real Estate Market

    The current real estate market's conditions can impact your ability to sell your residence. However, if you study the real estate market closely, you can differentiate between a buyer's and seller's market and plan accordingly.

    In a buyer's market, the number of home sellers exceeds the number of homebuyers. As such, you likely will need to establish an aggressive price right away to separate your house from the competition.

    On the other hand, a seller's market favors home sellers over homebuyers. If you're operating in a seller's market, you may be better equipped than ever before to earn a significant profit.

    To differentiate between a buyer's and seller's market, examine the prices of recently sold homes and available homes in your area. This housing market data can provide deep insights into the current state of the housing market. Plus, this data can help you understand how your residence stacks up against the competition.

    2. Conduct a Home Appraisal

    Ultimately, a home appraisal can make a world of difference for any home seller, at any time.

    During a home appraisal, a professional appraiser will examine your house both inside and out. Then, this appraiser will offer a valuation of your property based on his or her findings.

    A home appraisal involves an evaluation of the current condition of your home, your house's age and your neighborhood. Therefore, if you complete a home appraisal, you should have no trouble using the appraisal results to help establish a fair price for your residence.

    3. Collaborate with a Real Estate Agent

    When it comes to selling a house, there is no need to work alone. Fortunately, if you collaborate with a real estate agent, you can receive expert insights into all aspects of the home selling cycle.

    A real estate agent is happy to meet with you and learn about your home selling goals. Next, this housing market professional will offer home pricing recommendations, ensuring you can make an informed decision about how to price your house.

    In addition, a real estate agent will go above and beyond the call of duty to ensure you can enjoy a seamless home selling experience. This housing market professional will promote your residence to large groups of homebuyers, set up home showings and open houses and put together an engaging and informative home listing. Also, a real estate agent will always keep you up to date about any offers on your home.

    Looking to list your home in the near future? Use the aforementioned best practices, and you can establish a competitive price for your residence and boost your chances of a fast, profitable home sale.





    Posted by Janet Cramb on 2/17/2021


     Photo by Tumisu via Pixabay

    Before renting out a multi-family property, you should take steps to protect yourself from personal liability if anything were to happen. Without the right protections in place, you could end up on the hook for damages caused by fires, crimes and more ­– even if you did not cause the situation yourself. Thankfully, there are a few smart steps you can take to minimize the risks.  

    Create An LLC

    If any disasters come your way while renting out your multi-family property, your tenants or other affected individuals can file a lawsuit and go after your personal assets to cover their damages. By creating an LLC, you effectively prevent the courts from going after your personal assets, limiting them to your business assets alone.

    In addition to setting up your business structure in this manner, you must avoid piercing the corporate veil or the court could ignore your LLC designation. To avoid that scenario, make sure to open separate bank accounts and keep all your assets clearly separated.

    Set Up An Insurance Policy

    Beyond setting up an LLC, you need a good business insurance policy designed for owners of multi-family properties. Your insurance company will tailor your coverage to your expectations, providing protection from a variety of risks. At the very least, consider including these three levels of coverage:

    Liability

    With general liability insurance, you are covered if anyone gets hurt or suffers other damages while using the common areas in your buildings, such as:

    • Swimming pool
    • Hallways
    • Laundry facilities
    • Parking lot
    • Fitness center

    Depending on the situation, your insurance company will pay for their bodily injury or property damage claims, protecting your business from a lawsuit.

    Property

    Fires, floods and other disasters are only covered if you add property damage coverage to your policy. Your insurance company will pay to have structural damage repaired and even replace items damaged in the office during the unforeseen event.

    Crime

    If criminals cause damage to your property or steal from your business, then crime insurance can help minimize your losses. The types of crimes covered by this type of coverage include:

    • Vandalism
    • Robbery
    • Forgery
    • Fraud
    • Theft

    Depending on the insurance company’s rules, you may need to file a police report before making your claim.

    No matter what level of coverage you choose, your insurance policy does not cover your renters’ belongings. For that reason, you should encourage them to set up their own coverage through their company of choice.

    Add Umbrella Insurance

    If you accidentally pierce the corporate veil or simply exceed your insurance coverage limits for the year, your personal assets will once again be on the line in the event of a lawsuit. For an additional level of protection, sign up for an umbrella insurance policy. By paying just a few hundred dollars a year, you can get over a million dollars in coverage for liability, property damage and other costly events.

    By taking these steps, you will have the protection you need to start renting out your multi-family property without worry. If anything goes awry, you can trust that the steps you took in the beginning will go a long way in minimizing your personal liability.  





    Posted by Janet Cramb on 2/10/2021

    One of the best things that you can add to your home is a solar power system. These can be costly but they save you a lot in the long term on utility costs. While government programs have scaled back for these energy saving improvements over the years, thereís still many benefits to them. You can even get a loan specifically for installing solar power to your home.


    Before you take the leap, youíll want to know for sure if solar will really add value to your home. Of course, you want a return on your investment. 


    The good news is that thereís no doubt about it that installing solar panels does definitely add value to your home. Thereís one caveat to the value: You should own your   solar power system as opposed to leasing it through a solar company or a power purchase agreement. 


    Homes that have solar panels sell for more money simply because they offer a definite return benefit to the future owner. 


    Does A Leased Solar System Offer The Same Benefits?


    Owning your solar system will save you more money in the long run than leasing your system. When you own a solar power system, the FHA requires that the total value of your solar system be added to the total value of your home when you go to sell it. If you lease the panels, this value cannot be added to the home during an assessment.   


    If you have financed the system, the rules may be a bit more lenient. While you technically donít own the system, you are paying towards owning the system yourself. Each lender will have their own standards for this, so check with them for specifics, as your home must meet certain standards and eligibility requirements. 


    Securing A Mortgage With A Leased Solar System


    If someone is looking to secure a mortgage with a leased or currently unowned solar energy system, there are a few hurdles that you might face through the process. These problems include:


    Solar lease payments must be included in the buyerís debt-to-income ratio. 

    The panel owners must have a third-party insurance to cover damage to the property thatís being mortgaged in the event of malfunction or faulty installation of the panels.         


    Solar Panels Are An Overall Great Investment


    Itís really hard to go wrong if you purchase or finance your solar panel system. As long as you own the system, value will be added to your home. Youíll also save on your own utility bills. Your home will undoubtedly become more attractive to buyers if you decide to sell your home in the future.




    Categories: Uncategorized