Rachel Lutts - Marblehead, MA Real Estate, Swampscott, MA Real Estate, Salem, MA Real Estate



183 Federal Street, Salem, MA 01970

Condo

$305,000
Price

3
Rooms
1
Beds
1
Baths
This one bedroom, one bathroom condo is in a charming 1840s Colonial in Salem's historic McIntire District. The building was converted in 1986. The unit has been well maintained and has plenty of closet and storage space, two deeded off street parking spaces, a shared yard and patio area, in building washer and dryer. Close to downtown Salem and public transportation. The house is set back from the street, adding privacy. Come and see everything Salem has to offer: World renown Peabody Essex Museum, many restaurants, public oceanfront parks and a rich history. Open houses: Thursday, June 20th, 5 to 6:30 pm and Saturday, June 22nd, 11 am to 12:30 pm. Offers due Monday June 24 by 6 pm.
Open House
Thursday
June 20 at 5:00 PM to 6:30 PM
More Open Houses
Cannot make the Open Houses?
Location: 183 Federal Street, Salem, MA 01970    Get Directions

Similar Properties




183 Federal Street, Salem, MA 01970

Condo

$305,000
Price

3
Rooms
1
Beds
1
Baths
This one bedroom, one bathroom condo is in a charming 1840s Colonial in Salem's historic McIntire District. The building was converted in 1986. The unit has been well maintained and has plenty of closet and storage space, two deeded off street parking spaces, a shared yard and patio area, in building washer and dryer. Close to downtown Salem and public transportation. The house is set back from the street, adding privacy. Come and see everything Salem has to offer: World renown Peabody Essex Museum, many restaurants, public oceanfront parks and a rich history. Open houses: Thursday, June 20th, 5 to 6:30 pm and Saturday, June 22nd, 11 am to 12:30 pm. Offers due Monday June 24 by 6 pm.
Open House
Thursday
June 20 at 5:00 PM to 6:30 PM
More Open Houses
Cannot make the Open Houses?
Location: 183 Federal Street, Salem, MA 01970    Get Directions

Similar Properties




183 Federal Street, Salem, MA 01970

Condo

$305,000
Price

3
Rooms
1
Beds
1
Baths
This one bedroom, one bathroom condo is in a charming 1840s Colonial in Salem's historic McIntire District. The building was converted in 1986. The unit has been well maintained and has plenty of closet and storage space, two deeded off street parking spaces, a shared yard and patio area, in building washer and dryer. Close to downtown Salem and public transportation. The house is set back from the street, adding privacy. Come and see everything Salem has to offer: World renown Peabody Essex Museum, many restaurants, public oceanfront parks and a rich history. Open houses: Thursday, June 20th, 5 to 6:30 pm and Saturday, June 22nd, 11 am to 12:30 pm. Offers due Monday June 24 by 6 pm.
Open House
Thursday
June 20 at 5:00 PM to 6:30 PM
More Open Houses
Cannot make the Open Houses?
Location: 183 Federal Street, Salem, MA 01970    Get Directions

Similar Properties



Making an offer on a home you’d love to buy is arguably the most stressful part of the buying process. You’ll be worrying about making the right offer, whether you’ve presented yourself in the best possible light, and just how much competition you’re up against.

Today we’re going to help you alleviate that anxiety by giving you the most common real estate offer mistakes to avoid, and show you how you can increase your chances of getting the perfect home for you.

1. Do your research on the house

You have a lot of research to do before making an offer on a home. You’ll want to know the price the home formerly sold for and improvements that have been made and that will need to be made if you move in.

It also helps to know the seller’s situation. Are they on a deadline and moving out-of-state? If so, they might be tempted to take one of the earlier offers they receive.

2. Know your own financial limits

Before you ever make an offer you’ll need to know how much you can spend. This isn’t just a matter of offering the maximum amount you’re preapproved for. You’ll have to factor in moving expenses, final payments on your last rent or mortgage, changes in utility costs, and more.

3. Don’t offer your full preapproval amount

Sellers who know that you’ve offered your maximum preapproval amount may be wary of selling since they know you lack room to negotiate your budget and therefore might have a higher chance of backing out of the offer. They might favor other buyers who have room to negotiate and account for unexpected changes in their budget or of rising interest rates.

4. Avoid aggressive negotiation

We know the stakes are high for everyone involved in making a real estate deal. However, sellers are more likely to accept the offer of someone they trust and like over someone who seems to be trying to gain leverage.

Always be cordial with your offers and support them with numbers--explain to the seller why you chose the number you did, so that they can understand your reasoning.

5. Don’t attempt to gain leverage by waiving a home inspection

By law, you are allowed to have a home professionally inspected before purchase. Waiving this right is sometimes misconstrued as a way to tell a seller that you trust them and don’t want to cause them any unnecessary headaches.

The reality of the matter is that if you truly do want to own their home, sellers understand that you want to know what you’re buying.

6. This isn’t the only house you can be happy in

Hunting for a home is hard work. Once you find one that seems perfect for you or your family, it can seem like everything depends on your offer being accepted.

However, the fact is there are endless houses on the market, and next week a new one could be put up for sale that is even better than the home you’re hoping for now.

If your offer isn’t accepted and you don’t feel comfortable committing to a higher price, move on to the next house knowing that you made the best decision under the circumstances.


5G or fifth generation will soon be rolled out in the world, and it is the latest innovation in communication technology. The benefits of 5G are numerous; from faster speeds and lower latency to higher capacity and reliability, it seems the world indeed just got smaller.

In all these, the question you will want to ask is how your home will benefit. Well, the benefits are numerous and hard to overemphasize, below is a list of a few;

  1. Increased productivity. When a network does not depend on old hardware models—like the 5G will not—and disseminates information at high speeds, it can only mean one thing for you— increased productivity. Anyone that can key into the high rate of 5G will significantly benefit from it. 5G will enable start-up businesses that once took a long time to thrive to come up quickly. New home-office ideas will spring up because 5G will provide an environment for them to grow.
  2. Dependable remote working. While working remotely is not new in business, 5G will ensure that it is more reliable. Companies can organize conference calls and without fear of disconnection and anyone can work and deliver to any part of the world seamlessly.
  3. Rural innovation. Rural areas are the most underdeveloped areas in a region and opportunities are limited in such areas. However, with the deployment of 5G, business ideas that were once impossible in rural communities will now be possible.
  4. Flexible office spaces. Businesses must harness the power of 5G. It will help them operate flexible office spaces and live-work arrangements. Deploying CCTV on mobile phones and monitoring activities will be possible in the most accessible ways, and that is only a tip of the iceberg.
  5. Lower cost. Despite the speed and flexibility that 5G will bring to the table, it will be affordable.6. Easier communication. No endeavor is possible without proper interaction with other parties. And 5G will ensure that not only are people able to communicate and do business, but they will also be able to do so seamlessly like never in the past.

5G is coming soon, and new housing developments must key into it. If you’re looking for a neighborhood to run your home-based business, talk to your local service providers about when 5G will arrive in your area.




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