The Kim Perrotti Team - Melrose MA Real Estate

Your real estate questions....answered!!!

                        

As REALTORS®, we answer lots of questions regarding the real estate market and how to position yourself when buying or selling a home. We’ve compiled a list of our most frequently asked questions below to give you a peek into todays’ market and answer questions we encounter when talking to our clients, family and friends.

 Q: Hows the Market? 

A: Around here, it’s a seller’s market! For sellers the market is great – for buyers it’s a bit more challenging especially for single family homes. The condo market has seen some softening recently in some areas, Melrose included. Sellers should plan on pricing their house sharply and buyers must put their best foot forward. Working with a REALTOR® is your best offense when presenting an offer on a home.

Q: When is the worst/best time to sell my home? Should I wait until Spring? 

A: The best time to sell your home is when you are ready! The Spring market is, generally, the busiest market. People have spent the winters making decisions and working on their “to do” lists readying their houses for the Spring market. If you are selling in the spring, you won’t be the only one and will likely have multiple homes competing for the same buyers in the same price range. In this case, pricing is key!! The sharper the price the better your chance at attracting buyers.

Q: Will the market shift to a buyersmarket soon? 

A: According to Realtor.com, we should already be in a buyer’s market, however, COVID turned everything upside down. Due to COVID-19’s impact, homebuyers in 2020 are in the middle of the most competitive and challenging housing market in recent memory. They are predicting that things will even off in 2021, however, if 2020 taught us anything, is that historical norms can be upended by the unexpected.

Q: Do I really need to stage my home? 

A: We recommend putting your best foot forward and always staging your home for the market!  However, staging does not always mean buying new furniture or paying to bring outside pieces into your house. We offer a complimentary staging consultation to assist you in de-cluttering, furniture arrangements with your own furniture, trendy paint colors and easy curb-appeal. Your first impression is your best impression! 

Q: When will the rates rise? 

A: We don’t have a crystal ball, but according to BankRate.com you can expect mortgage rates to remain low into 2021. They report that some rate watchers predict record lows while others expect it to creep up a little bit from these historic lows, but this is all dependent upon how the U.S. economy continues to respond to the ongoing pandemic. We have trusted lenders to help walk you through rate expectations.

Q: What are contingencies and what are other buyers doing that Im not in order to get their offer accepted? 

A: I’ll buy your home but first……a contingency is a condition that must be met in order to bind the contract. In a real estate offer, the most common contingencies are the home inspection contingency - which is when the buyers have an opportunity to perform a home inspection and the financing contingency which is when the buyers have a set time to secure a loan for their mortgage. An example of an offer without these contingencies would be a cash offer waiving inspection. Another example would be waiving inspection and waiving the financing contingency even though you may plan on getting a loan for a mortgage.

Many buyers will waive these contingencies to present a stronger offer to sellers. While we do not recommend waiving your home inspection, we understand the need to present a competitive offer and suggest in this case, having your inspection done prior to your offer or doing an inspection for informational purposes only. If you are planning on getting a mortgage we recommend you are fully qualified with a trusted lender and also putting down at least 5% in earnest money deposits. 

We hope we’ve answered some of your frequently asked questions and are happy to answer any other questions you may have!  Call Kim Perrotti at  781-254-5527, Jay Morneault at 781-254-2614 or Lauren Maguire at 617-750-5263 or email us at KimPerrottiTeam@gmail.com anytime.

Lunchbox Makeover 101

Join us for our free seminar on September 25 - Lunchbox Makeover 101!

Packing a healthy lunch can be a challenge, especially with so many snacks falsely labeled "healthy." In this workshop, we will talk about simple, practical ways to identify those healthy frauds, options for healthy substitutions, and how to help your kids be more open to healthy options.

Marissa Szabo is a certified health and nutrition coach who helps her clients improve their eating habits by not only working on WHAT they eat, but WHY and HOW as well. By working on the factors surrounding eating habits, she and her clients are able to create sustainable changes that make sense in the scheme of her clients' lives and last. Having struggled with dieting and weight loss in her past, Marissa is all about keeping it simple and finding balance.

Wednesday, September 25, 2019 from 7:30-8:30PM
Leading Edge Real Estate
536 Main Street, Melrose, MA 02176

Hosted by:
Lauren Maguire, The Kim Perrotti Team - Leading Edge Real Estate
Victoria A. Johnson, Ameriprise Financial, Inc.

Please be sure to RSVP - https://www.facebook.com/events/542842119788680/

 

 Lunchbox Makeover 101

 

The Kim Perrotti Team on MMTV Chamber Chat

The Kim Perrotti Team recently had the pleasure of joining Lauren Grymek, Melrose MA Chamber of Commerce Executive Director, on an episode of Chamber Chat on MMTV! Learn more about the real estate market trends in our area, and find out how this team came together!

 

 

 

Style Up 101: Find Your Personal Style with an Eco Conscious Mindset

Join us for Style Up 101: Find Your Personal Style with an Eco Conscious Mindset

After years of being the "go-to" person for style advice for her friends and family, Laura Ettenberg started her style consulting business, Hang it Up. By combining her social work background with her eye for fashion, Laura supports women through clothing knowing it can affect a woman's confidence and self-esteem.

Learn about:
- The hottest fashion apps
- How to make ethical fashion choices
- Tips and tricks on how to style your wardrobe

Monday, April 29, 2019 from 7:30-8:30PM
Leading Edge Real Estate
536 Main Street, Melrose, MA 02176

Hosted by:
Lauren Maguire, The Kim Perrotti Team - Leading Edge Real Estate
Victoria A. Johnson, Ameriprise Financial, Inc.

Style Up 101: Find Your Personal Style with an Eco Conscious Mindset 

Home Buyer Seminar - Insider Secrets to Buying a Home

Home Buyer Seminar - Insider Secrets to Buying a Home
Thursday March 28th - 6:00-7:30pm
Slumbrew in Somerville

Join us for drinks and eats!

Don't miss:
1. How to purchase your dream home with any size down payment
2. How to make the most of a home inspection
3. How to navigate the home buying process in current market conditions

Lauren Maguire, REALTOR, The Kim Perrotti Team - Leading Edge Real Estate
Eric Lomas, Attorney, Lomas Law
Mike Nielsen, Loan Officer, Radius Financial Group

Please RSVP - Lauren@KPTRealtors.com or https://www.facebook.com/events/492938077907157

Home Buyer Seminar - Insider Secrets to Buying a Home 

  

Seminar Series - The 101's: Experienced Advice for Busy People

Introducing the 101's - Experienced Advice for Busy People - brought to you by Lauren Maguire of The Kim Perrotti Team, Leading Edge Real Estate. This complimentary seminar series will focus on important subjects like finance, real estate, wellness and more! The seminars will take place at our office at 536 Main Street, Melrose, MA, and will run from 7:30-8:30PM. Check out our schedule below and stay tuned for more upcoming 101's! 

Seminar Series - The 101's

 

FREE Community Shredding Event

Please join us for a FREE community shredding event, brought to you by The Kim Perrotti Team! Saturday, May 19th from 9:00am-12:00pm, at the Melrose City Hall parking lot. It's a great time to clear out your old files, and safely dispose of your old paperwork! 

Free shredding event - The Kim Perrotti Team - RE/MAX Leading Edge

 

10 Reasons to Choose Melrose Public Schools

We recently attended the Melrose Birth to Five Realtor's breakfast, where we received some great information shared by Mayor Dolan and Superintendent Cyndy Taymore about our public schools. It's always a good idea to stay up to date on what is happening in the community, and we always appreciate Mayor Dolan taking the time to keep us updated on important topics. Among the hot topics were the options for accommodating the need for more space at the elementary school level. 

As Mayor Dolan mentioned in his blog: "For many new families moving to Melrose, their Realtor is their first connection to the community. This event was a great opportunity to have an open dialogue about our city and our schools with those that help sell our City on a daily basis."

We're also happy to share this great Melrose Public Schools Infographic produced by Melrose Birth to Five for the event highlighting many of the recent successes of the Melrose Public Schools. 

10 reasons to choose Melrose Public Schools

Melrose Real Estate Market is at the Top Again!

City of Melrose MAOnce again, the City of Melrose, MA is one of the hottest real estate markets in the United States, and #1 in Massachusetts! Just a year ago Melrose was in the news for being named as the “most desirable” city in the U.S., and it’s still one of the best places to be!

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Melrose is 'Most Desirable' City in the U.S.!

The City of Melrose, MA, is the “hottest” real estate market in the United States and is apparently the new place to be in Massachusetts, according to a recent study conducted by Realtor.com.

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