Joel Margolis - J. Barrett & Company | Beverly, MA Real Estate, Salem, MA Real Estate


There's a misconception many home sellers have that may be causing them to miss out on opportunities to have their house sell more quickly. Perhaps you're among them.

If you believe your home does not need to be staged, neatly organized, and thoroughly cleaned well in advance of the first scheduled showing, then you're overlooking one crucial step in the marketing process: having professional quality photographs taken of your home -- inside and out -- and posted online to make your listing more enticing!

Unless you happen to be an exceptionally good photographer with professional equipment, you probably won't be able to get the optimal results needed to show off your home and attract buyers. Not only will those photographs be the first impression of your home that many buyers are exposed to, but it may end up being the only impression they come away with. If prospects don't like what they see online, there's no chance they'll move on to the next step, which would be scheduling an in-person visit. That's why it's so important that the photos your agent uploads to the Multiple Listing Service (MLS) depict your home in the most favorable way.

Online photographs can work either for or against you, depending on the quality of the photos and the condition of your home and property. Ideally, you should have photos taken of virtually every nook and cranny of your home -- with the exception of areas you want to underplay. Only the best ones would be used, of course. Views of your front yard, backyard, and sometimes even an aerial view can help give buyers the perspective they're looking for.

The good news is that most real estate agents work with one or more professional photographers who make it their business to take photos that are properly lit, effectively cropped, and well composed. Experienced real estate photographers can quickly identify the most advantageous angles from which to take photos, capturing the best view of your rooms, your yard, and other property highlights.

While they might occasionally make a few adjustments to the placement of furniture, pillows, or other decor, their main objective is to snap photos that will inspire prospective buyers to envision the beauty, the charm, and the many possibilities of your home. In addition to making sure the photos are crystal clear, well lit, and visually appealing, photographers also aim to make your home look as spacious and welcoming as possible. While they can't perform miracles, a talented photographer will typically find creative ways to bring out the best qualities in any home.

Your real estate agent can also give you valuable tips on enhancing your property's curb appeal, minimizing clutter, and adding simple touches -- both inside and out -- to maximize the warmth and appeal of your home for sale.


Photo by Curtis Adams from Pexels

Zombie properties are homes that have been visibly abandoned but actual ownership has not. The term became popular in the housing industry during the 2007-08 housing crisis when people being unable to make their mortgage payments reached a catastrophic point.

According to ATTOM Data Solutions, a firm that tracks different types of real estate data, zombie properties made up about 3% of all foreclosures in the U.S. in October 2019. These homes can be a good buy, but there are some challenges you should be aware of before signing on the dotted line.

How Does a Property Become Classified as a Zombie Property?

A zombie property occurs when a homeowner is told they are being foreclosed upon, and they leave their home believing they must immediately vacate. The zombie scenario arises when a bank either abandons or inadvertently never completes the foreclosure process, and the house is left in limbo with no one caring for the property.

Zombie properties can be very lucrative investments because they are often able to be purchased at rock-bottom rates. The problem is there are some risks involved with buying this type of property because they’ve essentially been abandoned for often long periods of time which sets the condition for many unfortunate events to occur.

Homes Have Been Trashed

In many foreclosure situations, a home is already left in poor condition. In many cases, the homeowner couldn’t financially keep up with upkeep, or they’ve purposely destroyed the home before they left. Any of these problems or others are further exasperated in zombie situations because there is a high probability more destruction has been heaped up upon the original neglect or damage.

Squatters May Have Created Uninhabitable Conditions

Once a house is recognized as a zombie property, squatters or vandals often decide the property is fair game. They might simply come inside to be destructive, or they may use it for their own purposes.

  • House might be full of graffiti.
  • Trash is left behind, and some of it may be unsanitary or hazardous (i.e. dirty diapers or needles).
  • Space may have been used for illegal drug activity, including meth labs, which the latter can create serious health risks.
  • Open windows, doors, or busted plumbing may have created moist conditions and dangerous black mold.
  • Additionally, if vandals or squatters leave doors or windows open, animals, including feral cats might have taken up residence.

    Locating The Title Holder

    Once a homeowner has abandoned a property, they can be difficult to locate. Some may have gone off the grid or others have no clue they are still listed on the property deed. The name of the previous occupant who owned the home will need to be removed from the title so this will be a legal detail to address before a purchase can move forward.

    Purchasing a zombie property can be a very lucrative investment, but it’s essential to carefully evaluate the condition of the property before deciding to buy it. You might find the effort and expense involved in bringing it up to be habitable might be more than it’s worth.


    This Single-Family in Framingham, MA recently sold for $460,000. This Ranch style home was sold by Joel Margolis - J. Barrett & Company.


    76 Birch Rd, Framingham, MA 01701

    Single-Family

    $439,900
    Price
    $460,000
    Sale Price

    7
    Rooms
    3
    Beds
    1
    Baths
    Well maintained7/3/1 ranch in desirable North Framingham close to Wayland line.Freshly painted rooms with a open floor plan.Kitchen has granite counters newer appliances with dining area which flows into the gas fireplaces living room.Home offers a side family room also with exterior access.3 bedrooms and full bath round off the main living area.Lower level has a large family room and washer dryer closed off area.Recent updates include roof, heat and c/ a ,sprinkler system with its own meter so no sewer charges there,new vinyl fencing on side yard,and full insulated attic recommendation from Mass Save . Please follow Strict Social distancing, wear masks and limit touching items accept safety requirements

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    This Single-Family in Beverly, MA recently sold for $505,000. This Cape style home was sold by Joel Margolis - J. Barrett & Company.


    5 Parramatta, Beverly, MA 01915

    Montserrat

    Single-Family

    $479,000
    Price
    $505,000
    Sale Price

    7
    Rooms
    3
    Beds
    1/1
    Full/Half Baths
    First time buyers will love this Cape style home to make it your own in much desired Montserrat location OR it's easily a potential house to flip as well. Near beaches, easy access to major routes and commuter rail. Prepare to make your highest and best offer. 1st private showing appts. every 30 minutes begin May 11th. All offers due by May 15, 5:00 PM,*however the Seller reserves the right to accept any offer prior to that time. Great 10,000 SF lot ideal for gardening or games plus a 1 car garage. Good sized eat-in kitchen. Enjoy entertaining in the large living room with pellet stove, dining room and very spacious 19'X14' fireplaced family room with space for everyone plus bedroom and full bath completes the first floor. The 2nd level offers 2 more large bedrooms and half bath. Open deck overlooks the yard. SEE COVID-19 ATTACHED DOCUMENT which must be signed by Buyers and Buyers Agent prior to showing. GLOVES/MASKS-SOCIAL DISTANCING REQUIRED. House is being sold "AS IS & AS SHOWN

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    This Single-Family in Peabody, MA recently sold for $435,000. This Cape style home was sold by Joel Margolis - J. Barrett & Company.


    782 Lowell Street, Peabody, MA 01960

    Single-Family

    $425,000
    Price
    $435,000
    Sale Price

    8
    Rooms
    3
    Beds
    1/1
    Full/Half Baths
    First time buyers will jump on this well located West Peabody Cape. Prepare to make your highest and best offer.1st private showing appts every 30 minutes begin May 2 and 3. All offers due by May 5, 5:00 PM, however the Seller reserves the right to accept any offer prior to that time. SEE COVID-19 ATTACHED DOCUMENT which must be signed by Buyers & Buyers Agent prior to showing. Please observe all requirements.House is being sold "AS IS & AS SHOWN". This is a great starter home in West Peabody. There is room to spread out with granite kitchen, large fireplaced living room w/ adjacent den/office and sun rm. 1st floor bedroom can easily be a cozy den with adjacent half bath. 3 spacious bedrooms upstairs with the master & adjoining room connected. This makes for a great master bedroom suite. Large side yard and huge enclosed patio. Fireplace is currently capped and may need relining. SALE IS SUBJECT TO SELLER FINDING SUITABLE HOUSING.

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