Paul W Sullivan & Assoc



Posted by Paul W Sullivan & Assoc on 2/28/2021

If you’re making the transition from renting an apartment to buying a home, it can be difficult to ensure you have a place to stay while you search.

There are a number of reasons you may need temporary housing while house-hunting. Maybe you’re moving to a new state and need temporary housing while you search in the area. Or, maybe you just don’t want to sign a year-long lease on a new apartment that you don’t plan on staying in for a full year.

Regardless of the reason, we’ve got you covered. In this article, we’re going to talk about how to find temporary housing while you navigate your way toward homeownership.

Short-term rentals and sublets

One of the most convenient way to rent an apartment while you search for a home is to simply find short-term rentals.

Landlords use leases for a number of reasons. Among them is knowing that they can count on a tenant to stay long enough to be worth the hassle of going through the rental process.

However, there are some landlords who cater to people who need to rent for only a certain amount of time--namely business professionals and college students. Landlords rent to these people with short-term leases because they are certain that they will get the full lease amount in pay.

Similarly, searching for sublets is a good way to find an apartment on the short-term. Sublets are often cheaper than their normal renting price because the tenant needs to find someone soon. You’re especially likely to find a sublet if you plan on moving in May or June when college students are going home for the summer.

Another service that could be helpful is Airbnb. Many people think of Airbnb as a tool for finding a vacation home or spare room while traveling. However, there are also a number of short-term rentals on the site. You can simply enter the dates you’re planning on staying and compare results. Just be sure to read reviews of the house to be sure that you’re dealing with responsible and trustworthy property managers.

Words of caution

While short-term rentals can save you money while you search and help you avoid a lease, they do come with risks. For example, if renting off of Craigslist, never send sensitive data, payments, or bank account information before verifying that they are actually the manager of the property.

If you do decide to sublet an apartment, take photos when you move in so that tenants or landlords don’t try to hold you liable for any damage caused before or after you leave.

Finally, if you decide to go with a service like Airbnb or extended stay hotels because they appear cheaper than renting, remember that you won’t be able to store your belongings there and might have to pay for storage and a moving truck to transport your belongings. These extra fees can add up quickly over a couple months.

Once you’ve determined your options for temporary housing, hunting for your new home will become much easier.




Tags: renting   house hunting   sublet  
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Posted by Paul W Sullivan & Assoc on 2/21/2021

Photo by Mostafa Safadel on Unsplash

The penthouse is the pinnacle of real estate in many markets -- and places like New York and Miami -- have plenty of options to choose from. It's easy to get caught up in great decor or fall in love with a view, but there are other considerations as well. Here's what to think about when you shop for a luxury penthouse unit. 

Expect to Pay  a Premium: Most penthouses are priced above similar sized units in the same building, so be prepared to spend a little more for that amazing view and those amenities. A single penthouse spanning the top floor will command more of a premium rate than one that shares the floor with one or more other units. 

You Can Still Negotiate: While a penthouse will command a higher price than any other unit in a specific building or location, you can and should negotiate the best deal. In cities with a glut of inventory in this price range, you may be able to secure a better price, simply by presenting the right offer. Your real estate agent can help you determine how flexible a price is and what fair market value is for a home you are considering. 

Inventory Impacts Price: In high-rise dense cities like New York, there are always penthouse properties available. Outside of cities, though, you may have fewer options  In vacation and resort areas with coveted views, there are only a small number of penthouse properties to begin with, and they are not all on the market at the same time. Act swiftly if a property you truly want becomes available to avoid missing out. 

Visit at All Hours: If you will live in the penthouse property, you should visit it during the day, at night and on weekends. Because this property is near the roof, it may also be near HVAC and elevator equipment -- these can get noisy when in heavy use. Newer penthouses have insulation and soundproofing, but older ones may not, so the home could be noisier than you expect when everyone else in the building is home. 

Is the view guaranteed? A building that faces the ocean and is directly on the beach will have a view that is not interrupted by future construction, but not all penthouses fit this description. You should be aware of zoning and building possibilities -- could a taller building be placed in front of yours -- disrupting your view? Your agent can help you discover if this nightmare scenario is a risk factor in any home you are considering. 

Buying a penthouse is different from other luxury property purchases, because the view and position of the home offer so much and contribute to the price. Be aware of the setup of the building and its location -- and be ready to move if a penthouse becomes available in a market with scant inventory. Your real estate agent can watch for new listings and help you be first in line to view new luxury properties as they arrive in the marketplace and ensure you don't miss out on the home of your dreams. 




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Posted by Paul W Sullivan & Assoc on 2/19/2021


25 Monument View Road , Dennis, MA 02641

East Dennis

Single-Family

$689,900
Price

3
Beds
6
Total Rooms
1/1
Full/Half Baths
This newly remodeled Cape sits in the middle of a large lot abutting 23 acres of town conservation land. The home has been completely updated both exterior and interior. The upgrades include new siding and azez trim, FHA central heating and AC system, open floor plan, energy efficient windows, gas fireplace, spray foam insulation, hardwood flooring, custom wood painted cabinets, granite countertops, tile shower,plumbing system, electrical, tile flooring, hardwood flooring, kitchen island, full staircase to partially finished 2nd floor. Natural gas heat, Title V septic, and town water. There is lots of space for an in ground pool upgrade. This home offers privacy without isolation. Easy sidewalk access to the village of East Dennis. Close proximity to Sea St and Cold Storage beaches, Sesuit Cafe, and Northside Marina. Come see the transformation!
Open House
Saturday
February 20 at 12:00 PM to 12:00 PM
Cannot make the Open Houses?
Location: 25 Monument View Road , Dennis, MA 02641    Get Directions

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Categories: Open House  


Posted by Paul W Sullivan & Assoc on 2/14/2021

Let's face it – stress can be problematic, particularly for a homebuyer who is competing with others to find the best house at the lowest price. Lucky for you, we're here to help you minimize the guesswork associated with purchasing a house, increasing the likelihood of a stress-free homebuying experience.

Now, let's take a look at three tips to help you enjoy a stress-free homebuying journey.

1. Study the Housing Market

The housing market conditions in one city or town may vary from the real estate conditions in another. As such, you'll want to assess the local housing market closely to identify patterns and trends. This will allow you to obtain comprehensive real estate market insights that can help you become a diligent homebuyer.

Of course, don't forget to analyze the prices of recently sold houses in your city or town too. This housing market information can help you differentiate a seller's market from a buyer's one so you can tailor your homebuying journey accordingly.

2. Prep Your Finances

Although you know that you want to buy a house as soon as possible, you still have no idea how you'll pay for a residence. Fortunately, if you prepare your finances today, you'll be better equipped than ever before to enjoy a stress-free homebuying experience.

Consult with a variety of banks and credit unions to learn about all of the mortgage options at your disposal. That way, you can explore a wide range of mortgage options and select one that matches your finances perfectly.

Also, be sure to ask lots of questions when you meet with lenders. These financial institutions employ friendly, knowledgeable mortgage specialists who can help you evaluate all of your home financing options. And if you ask plenty of mortgage questions, you can gain the insights that you need to make the best-possible mortgage decision.

3. Collaborate with a Real Estate Agent

If you want to avoid stress throughout the homebuying journey, it helps to hire a real estate agent. In fact, with a real estate agent at your side, you can get the support that you need to thrive.

A real estate agent will learn about your homebuying goals and help you map out a successful homebuying journey. As a result, a real estate agent will make it easy to identify potential homebuying hurdles and ensure that you can avoid such issues.

Furthermore, a real estate agent delivers extensive assistance at each stage of the homebuying journey. He or she will help you examine a broad array of houses and find a home that is right for you. Plus, after you discover your dream house, a real estate agent will help you submit a competitive homebuying proposal.

As you get ready to enter the real estate market, it helps to plan ahead as much as you can. Take advantage of the aforementioned tips, and ultimately, you can minimize stress as you proceed along the homebuying journey.




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Posted by Paul W Sullivan & Assoc on 2/12/2021

This Single-Family in Dennis, MA recently sold for $850,000. This Cottage style home was sold by - Paul W Sullivan & Assoc.


5 Wheatfield Lane , Dennis, MA 02670

West Dennis

Single-Family

$995,000
Price
$850,000
Sale Price

2
Beds
4
Total Rooms
2
Baths
This idyllic waterfront home on the Bass River just before Grand Cove is a diamond in the rough. Few properties come along with the panoramic views and serenity that this property has to offer. The original 1930's cottage is rich with knotty pine walls and hardwood floors. It has vaulted ceilings in the fireplaced open kitchen living area all which look out to the water. There is a front room with additional living space when you first walk in. At some point an addition was added onto the home along with a poured full foundation under that part of the cottage. The hall leads you to a office space that has a washer/dryer and two bedrooms both with good sized en suite bathrooms. A NEWER 2014 4-BEDROOM Title V SEPTIC was installed as well. The detached two car garage has additional space above that has been used as finished recreational space. There is gas at the street. The lot is almost an acre with some of the property on the waterfront across the dirt road where you can sit in the hammock or Adirondack chairs soak up some sun or head down the path to your own PRIVATE SANDY BEACH AREA for a kayak or dingy ride up the river.

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