Donna DeRosa's Blog Posts

What to Think About when it comes to a Kitchen Remodel

Kitchen remodels are the most popular project among homeowners. Who hasn’t dreamed of the perfect kitchen? Most of us, however, don’t have the budget to hand the entire design off to a

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Know Your Contingencies!

Contingencies are clauses in an offer that define a condition or action that must be met for the purchase contract to become legally binding.  Typical contingencies buyers use in offers

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Marijuana and Real Estate

As of now, 15 states and D.C. have legalized recreational and medicinal marijuana. There are 36 more that allow for medicinal weed. Other states, such as South Dakota, legalized marijuana

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Getting Your Offer Accepted is No Joke!

97 Offers on One Listing!The buying frenzy continues as multiple offers become the norm and buyers offer thousands or tens of thousands above the asking price to try to get the home they want. In

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What does 1031 Exchange Mean and How does it Work?

Learn the Ins and Outs of How 1031 Exchanges Work in Real EstateDespite all the political hoopla of the past year, we can all agree that taxes are despicable. There’s nothing more depressing

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Buyers Shopping for Multigen Homes is On The Rise

© Jose Luis Pelaez Inc - Digital Vision/Getty ImagesThe number of home shoppers buying a multigenerational home since the pandemic has risen to a nine-year high of 15%, according to data from

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Trying to Achieve Morning Person Status

Ever wish you could become one of those rare morning people? The ones that wake with a start, feeling refreshed and energized. The ones that get in that morning workout or wrap up some work before

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Right Now May Be The Time to Sell Your Home

The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued

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What you should NOT do after applying for a mortgage

Some HighlightsThere are a few key things to make sure you avoid after applying for a mortgage to help make sure you still qualify for your loan at the closing table.Along the way, be sure

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4 Organizational Hacks from the Experts

4 Organizational Hacks from the Experts The age of home organization is upon us. Sorting, editing and retaining joy have become big business for organizational experts around the globe. Marie

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In the Spirit of Giving

Here are a few options for you:Massachusetts Association of Realtors® Online Auction - The Massachusetts Association of REALTORS®  Charitable Foundation mission is to support those

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Americans Plan Move to Reduce Costs

Many Americans Plan Move to Reduce CostsShareNovember 24, 2020Nearly half of more than 2,000 Americans recently surveyed say they plan to move soon to reduce living expenses, according to a new

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Single-Family Rentals Can Be a Good Deal For Investors

You are hereHome REALTOR® Magazine LiveSingle-Family Rentals Can Be a Good Deal for InvestorsShareBy Lynn EttingerWhen real estate professionals think about a rental property, they often

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Hot Housing Market Likely Won't Cool in Winter

Hot Housing Market Likely Won't Cool in WinterWhile winter may be typically a slow season in real estate, economists predict it isn’t likely to happen this year. Lawrence Yun, chief economist

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Easy Property Fixes to Prompt a Quick Sale

Easy Property Fixes to Prompt a Quick SaleDespite the thought and preparation that goes into listing a home, the two biggest hurdles to the sale are property photos, which should motivate buyers to

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Make Sure There Are No Surprises With Your Mortgage

Make Sure There Are No Surprises With Your MortgageThe mortgage industry is full of stories of closings gone awry because of last minute credit pulls, job changes, or other easily avoidable issues.

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Low Mortgage Rates and High Home Prices

Are Low Mortgage Rates to Blame for High Home Prices?October 20, 2020Double-digit price increases for homes are not exactly what most people in real estate predicted to occur in a recession. But

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Mass Housing Loans Offer Unique Advantages for Buyers Looking to Purchase

The home purchase market has turned out to be surprisingly robust during the pandemic. Despite a slowdown in the spring during the strict lockdown, things picked up. Interest rates have remained

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Fed sees interest rates near zero until end of 2023, sets new economic conditions to be met before raising rates

The Federal Reserve on Wednesday said it doesn’t expect to raise rates until the end of 2023 at the earliest and it set out new economic conditions that must be met before it will raise them

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GREAT WINE-STORAGE IDEAS

If you are a big wine connoisseur or just saving a few bottles to crack open on special occasions, it’s important to understand how best to store them safely until you’re ready to.

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Fallout from Forbearance?

 Fallout from forbearance? The mortgage market has been disrupted by millions of borrowers postponing payments, but the real chaos could begin when the coronavirus passes.Industry

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The Difference Between Home Insurance and Home Warranty

The Difference Between Home Insurance and Home WarrantyWhen purchasing a new home, it’s important to do in-depth research on all facets of the homebuying process. One thing you’ll need

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Buying a Home - Sight Unseen

 Many buyers keen to sight unseen It appears many potential home buyers are not deterred by the coronavirus pandemic, even if social distancing measures keep them from visiting listings in

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Buying a Home - Sight Unseen

 Many buyers keen to sight unseen It appears many potential home buyers are not deterred by the coronavirus pandemic, even if social distancing measures keep them from visiting listings in

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The Post-Pandemic Bounce - What Agents Expect

 Agents expect post-pandemic bounce After a strong start to 2020, sales of both newly built and existing homes hit the skids in March, as the coronavirus pandemic began to spread.Though

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Create the Home of your Dreams

CREATE THE HOME OFFICE OF YOUR DREAMSWhether you work full-time at home or occasionally need to conduct business in the evenings or on the weekends, a home office a great way to utilize an extra.

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How does an Appraiser use Foreclosures and Short Sales when appraising my home?

Use of Foreclosures and Short SalesIt is acceptable to use foreclosures and short sales as comparables if the appraiser believes they are the best and most appropriate sales available. The appraiser

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The Real Difference between Realtors and Real Estate Agents

There is a little-known yet important difference between Realtors and real estate agents. The similarities of the two positions – both operate in real estate, helping people buy and sell homes

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Top Vacation Counties to Buy In - Massachusetts made the list

With summer over, you probably spent an amazing vacation at a beach resort, a mountain lodge, a lake, or in a quaint town and might be thinking of owning a vacation home. Or you might be a baby

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What is a Foreclosure?

Foreclosure is what happens when a homeowner fails to pay the mortgage. More specifically, it's a legal process by which the owner forfeits all rights to the property. If the owner can't pay

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The Post-Inspection Negotiation Two-Step: What You Can Expect

Inspections are an important part of the home-selling process. The home inspector will locate any potential problems with the property, making sure that all involved know what’s wrong and what

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What to Negotiate When Buying a House #5 of 5

RepairsYour inspection may uncover small or large repairs needed to bring the home up to standard. You can negotiate to have these items fixed before closing or ask for a price reduction to cover

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What to Negotiate When Buying a House #4 of 5

Home WarrantySellers will often agree to pay the premium on the home warranty at closing and then hand it off to the new homeowner, who is responsible for the deductible on any future claims.These

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What to Negotiate When Buying a House #3 of 5

Inspection and Closing TimingBuyer offers that include a quick inspection and close timeline are often more attractive to sellers who have been going through the process for far too long. Just

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What to Negotiate When Buying a House #2 of 5

FurnishingsLove how the seller has furnished and decorated the home? Buyers can often negotiate keeping couches, fixtures, landscaping items, patio furniture, appliances, and more. And many sellers

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What to Negotiate When Buying a House #1 of 5

CLOSING COSTSYour closing costs are determined by a variety of factors, but you can expect it to be between 2% to 5% of the purchase price. Ask the seller to cover some or all of the closing costs

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What to do Before you List

When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up some of its

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Can you get Organic Food on a Budget?

Organic food usually tastes better, and is better for you, but it can also be very expensive compared to non-organic products. Organic food can cost nearly 50 percent more, thanks to the extra labor

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Is your Bedroom a Lux Bedroom?

For most of us, our bedroom is little more than a place to sleep and relax. However, just because it’s always been that way doesn’t mean that we have to settle for drab and dreary.One

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How to be a Morning Person

Ever wish you could become one of those rare morning people? The ones that wake with a start, feeling refreshed and energized. The ones that get in that morning workout or wrap up some work before

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Top Reasons Americans are Moving

Many Americans are moving because they want more space, according to a new survey of 1,000 consumers from Porch.com, a home remodeling website. More than one in four—and millennials, in

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Here’s How You’ll Know You’ve Found the Right Agent

For every journey, there is a guide. For the all-too-real journey of buying a home, you have an Oprah of your own: your real estate agent — a licensed professional who’s familiar

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