LAER Realty Partners



Posted by Team Edwards on 11/26/2017


963 Chelmsford St, Lowell, MA 01851

Commercial

$3,000
Price

1
Buildings
Office
Type of Comm.
Great Rental option - Access to Rte 3 steps away, 2nd floor professional space with elevator access, shared bath. Building built in 2007
Open House
No scheduled Open Houses






Tags: Lowell   Real Estate   Commercial   01851  
Categories: New Homes  


Posted by Team Edwards on 11/23/2017

American homes have been growing larger for decades. This trend is partly due to personal preference for more space, and partly caused by local laws mandating minimum square-footage of all new properties.

Owning and maintaining a home is a huge expense. Especially if you’re heating and maintaining parts of your home that you don’t really need.

As a result, a growing number of people are renting out parts of their home in various ways. From Airbnb to subletting, and all the way up to renting out their basement as a separate apartment, there are a number of ways you can earn money on your home.

The appeal is obvious. However, there are a number of factors you should consider before renting out part of your home. After all, your home is the place you and your family spend your days and nights, and sometimes the idea of having a stranger in your midst can be frightening to some homeowners.

For others, however, welcoming people into their home is a fun way to meet new people, help someone find affordable housing in a place they otherwise wouldn’t, and earn some extra money.

Know your local laws

It should be noted up front that not everyone can just legally rent out a portion of their home. Whether it is due to local laws, building code requirements, or homeowners association rules, there are a number of reasons you might not be able to rent out part of your home.

Before you consider listing a room or portion of your home, read up on the landlord-tenant laws in your area to make sure you’re comfortable with your legal obligations.

Make the necessary preparations

Renting a room in your home isn’t just a matter of giving someone the key to the front door. You’ll have to plan to install deadbolts, remove doorknobs with inside locking mechanisms, make repairs to the room and any amenities the tenant will have access to and document the state of your home.

Make a clear renter’s agreement

Would it make you uncomfortable to have a dog or cat in your home? Does your home have a smoking policy?

There are a number of things you should think about and add to your renter’s agreement and any online listing you post. This will help you narrow down your renter options and give you a better chance of finding someone right for your home.

Finding a tenant

There are a number of ways you can find people to live in your home. Most homeowners list their spare room or apartment online, but it can also be a good idea to reach out to people you know and trust.

Once you have interested parties, you might want to purchase a background check and determine if you’ll require certain documents (proof of income, credit score, etc.).

Document everything

There’s a reason you have to do so much paperwork when you rent an apartment--the landlord wants to make sure they are covered in case anything goes wrong.

Before signing an agreement with your new renter, make sure it covers all of the “what-if” scenarios that could happen. There are several sample lease agreements online that you can use as a template.

Furthermore, once the tenant moves in, be sure that your discussions and agreements are documented. If the tenant denies you access to perform a check for pests, make sure you have some documentation that shows this denial.




Categories: Uncategorized  


Posted by Team Edwards on 11/22/2017

This Single-Family in Lowell, MA recently sold for $382,000. This Colonial style home was sold by Team Edwards - LAER Realty Partners.


845 Westford St, Lowell, MA 01851

Single-Family

$389,400
Price
$382,000
Sale Price

8
Rooms
4
Beds
1/1
Full/Half Baths
This home is gorgeous, one of our all time favorites! The property has been Impeccably Kept, it is cited on a lovely corner. Glowing hardwood floors greet you in most rooms. There are coffered ceilings, period molding and beams throughout. You will find, Art Deco sconces and fixtures. Intricate, stained glass windows, wainscoting, and crown molding. The winding staircase adds to the beauty of this home tying the entry into the rest of the home. The alcove doorways, built-in book shelves, and glass tile walls can't be missed. There is a 2 Garage, 4 car off street parking.And a small basketball court ! There is too much to describe, please come and see yourself!

Similar Properties





Categories: Sold Homes  


Posted by Team Edwards on 11/17/2017

This Single-Family in Chelmsford, MA recently sold for $496,000. This Colonial style home was sold by Team Edwards - LAER Realty Partners.


261 Graniteville Rd, Chelmsford, MA 01824

Single-Family

$499,900
Price
$496,000
Sale Price

10
Rooms
5
Beds
2
Baths
The charming farmer's porch welcomes you to this beautiful and unique 5 bedroom home offering many options for room usage. Need a first floor bedroom and full bath? This has it. Want a gorgeous kitchen with maple custom cabinetry, granite counters and ceramic farmhouse sink? Here you go! Gas fireplace in living room and custom book shelves. All hardwood floors in the living areas, ceramic in updated baths. The family room/ sunroom has a dramatic cathedral ceiling and fan as well as authentic pine wainscoting and windows overlooking back yard. Upstairs one finds a sprawling Master with triple closet with California Closet style built -ins and two additional bedrooms. Central air for 1st floor. Huge finished basement for playroom, "man" cave etc. Buderus furnace, storage room and an oversized 2 car garage. "Trex" style deck and porch. Wonderful yard! This has it all!

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Categories: Sold Homes  


Posted by Team Edwards on 11/16/2017

Home insurance is a must for any homebuyer. However, getting the right coverage at the right price may seem impossible, particularly for those who are buying home insurance for the first time.

Fortunately, we're here to help you take the guesswork out of buying home insurance. Here are three tips that you can use to obtain the right home insurance coverage for your residence.

1. Understand What a Homeowners Policy Covers

Homeowners insurance offers protection against damage to your property and personal belongings. It also safeguards you against liability for any injuries or property damage that you may cause to other people.

Typically, homeowners insurance offers a package policy that ensures you are protected against natural disasters and other unforeseen risks. On the other hand, homeowners coverage does not protect you against every possible danger. And in some cases, you may need to buy additional coverage to supplement your homeowners policy.

For instance, a homeowner who lives in a floodplain likely will need to purchase flood insurance, as a homeowners policy does not offer flood coverage. Or, if you own a trampoline or your home features a swimming pool, you may need additional coverage as well.

Speaking with an insurance agent will allow you to learn about the ins and outs of a homeowners policy. If you ever have concerns or questions about homeowners insurance, a home insurance professional will be able to respond to your queries at any time.

2. Get Multiple Home Insurance Quotes

When it comes to finding home insurance, it pays to shop around. By doing so, you'll be able to get multiple home insurance quotes and find the best coverage at the best price.

Meeting with at least three home insurance companies usually is a good idea. This will enable you to find out how home insurance will impact your monthly expenses and receive responses to all of your home insurance queries.

3. Don't Forget About Preventative Measures to Supplement Your Home Insurance

Homeowners insurance offers protection in a number of areas, and ultimately, provides a great option to safeguard your property and belongings against risk. Furthermore, there are many quick, easy ways to minimize risk without having to increase your homeowners insurance coverage or add supplemental insurance.

For example, if you own a large collection of antique coins, it may be worthwhile to purchase a safe to secure these items. Also, if you buy a security system for your home, you can safeguard your residence and belongings against theft and may be able to get a discount on your home insurance too.

Purchasing home insurance is a major decision, and if you need extra help along the way, your real estate agent may be able to point you in the right direction.

Your real estate agent may have home insurance contacts, and as such, can connect you with these contacts instantly. Thus, you can move one step closer to buying home insurance that enables you to safeguard your property and belongings both now and in the future.







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