M. Celata Real Estate
268A Broadway, Revere, MA 02151
781-289-7500 | [email protected]



Posted by M. Celata Real Estate on 4/22/2019

A home seller who understands his or her residence's strengths may be better equipped than others to enjoy a successful property selling experience. Fortunately, there are many things you can do to identify your house's strengths before you list your residence.

Now, let's take a look at three tips to help you identify your home's strengths.

1. Conduct a Home Inspection

Although a home inspection generally is requested by a buyer after a seller accepts his or her offer to purchase a house, a seller may want to conduct an inspection prior to listing a residence. That way, a seller can gain deep insights into a house's strengths and weaknesses and map out his or her property selling strategy accordingly.

A home inspection may require only a few hours to complete, and an inspection's benefits can be significant. After an inspection, a homeowner will receive an inspection report that details any home problems. Then, a homeowner can use this report to learn about his or her house's strengths and weaknesses and explore ways to transform assorted weaknesses into strengths.

2. Consider the Buyer's Perspective

Think about why a homebuyer may consider your residence over other options – you'll be glad you did. If you analyze the buyer's perspective, you could discover unique ways to distinguish your house from the competition.

Evaluating the buyer's perspective may help you prioritize home upgrades too. For instance, if your home boasts a large in-ground swimming pool, you may want to dedicate time and resources to clean your pool and perform any necessary repairs. Or, if your residence has a two-car garage, you may want to eliminate clutter from it so you can show off the true size of your garage to potential buyers.

3. Collaborate with a Real Estate Agent

If you are unsure about what differentiates your home from other properties in your city or town, there is no need to worry. Because if you hire a real estate agent, you can receive expert support throughout the home selling journey. And as a result, you can identify your house's strengths and take the necessary steps to highlight these strengths to potential buyers.

A real estate agent understands what it takes to sell a house, regardless of a property's age or condition. He or she is happy to meet with you and learn about you, your home and your home selling goals. Next, a real estate agent will craft a property selling strategy for you. And once you put this strategy into action, you should have no trouble achieving your desired house selling results.

In addition, a real estate agent is ready to assist you in any way possible throughout the house selling journey. If you have concerns or questions at any point during this journey, a real estate agent will respond to them right away.

Ready to add your house to the real estate market? Take advantage of the aforementioned tips, and you can identify your house's strengths and develop an effective strategy to promote your residence to the right groups of potential buyers.




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Posted by M. Celata Real Estate on 4/15/2019

You can make money by investing in real estate. One way you can do this is by flipping houses. Flipping a property refers to when you buy a house to sell it for profit. The purchase is a short-term investment that requires much planning as it could be quite dicey. Buying a home to sell is a great way to make money, but it requires skill, careful consideration, research, and sometimes pure luck. No matter what kind of property you decide to invest in, there are many things to consider when you are getting ready to start flipping houses.

There are two main types of house flipping:

- A real estate investor purchases a house that could potentially increase in value if repaired and updated. After completing the renovation, the investor makes money from selling the home for a higher price than the total cost of the purchase and improvements.

- A real estate investor identifies an undervalued property in the market in a neighborhood with fast-rising home values and holds the property for some time until the house has a higher value. They then resell the house profitably.

Common types of property to flip

- Single-family houses: These are the most common types of homes to flip. These include bungalows, semi-detached houses, townhouses, and freestanding homes. They are the easiest to buy and sell as they are most readily available.>

- Multi-family residences: You can renovate the existing units or add more units to the property to make it more attractive to buyers.

- Retail properties: You can buy a property and restore it to make it suitable for specific use as a restaurant, bar, or store.

- Land: This is the most difficult as there are more processes involved and building on a new property is more expensive than renovating an existing one.

Benefits of house flipping

- You have a significant level of control over many elements of the project through research and analysis

- You can flip any house as long as it fits your needs and requirements.

- The team you hire can significantly influence the success of your flips like an experienced real estate agent, an interior decorator, and a reputable contractor.

Disadvantages of house flipping

- You might lose your money if you don't get all the expenses right or you run into unexpected costs

- Sometimes you have to pay capital gains taxes when you sell a house.

- You may end up spending more than you should on a home if you misjudge the neighborhood.

If you are looking to start investing in real estate, flipping houses is a great way to start. Speak to a real estate agent and an experienced contractor to begin.





Posted by M. Celata Real Estate on 4/11/2019

This stunning LIKE NEW END UNIT LUXURY Townhouse in North Andover offers 3 bedrooms, 2.5 baths, 2 Car Garage, Gas Fireplace and beautiful Hardwood Floors. Open Concept with an amazing Kitchen with Granite Countertops, Center Island/Bar, Stainless Steel Appliances, Large Pantry, Recessed Lights, Crown Molding, Half bath & Extra Room. Huge Living Room with High Ceilings brings in an abundant amount of natural light. Master Suite consists of huge Walk-In Closet, Balcony, Double Granite Countertop Vanity and Jacuzzi Tub. In-Unit Laundry and 2nd full Bath are conveniently located by other 2 bedrooms & additional storage in pull down Attic. Don't miss out on this Luxury END UNIT Townhouse. **Seller to leave Beautiful Custom Roman Window/Door Treatments to Buyer as Gifts.**

More Info on this Property | New Listing Alerts





Posted by M. Celata Real Estate on 4/10/2019

Great opportunity for investor or owner occupied to own a 2 Family house with a good size private yard and parking for 6+ cars !! Separate utilities, gas heat, gas stove. Tenant on Unit 1 is TAW. Don't miss it !!! SHOWINGS starts on FRIDAY 04/12 from 5 pm - 6 pm and SATURDAY 04/13 from 12:30 pm - 1:30 pm.

More Info on this Property | New Listing Alerts




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Posted by M. Celata Real Estate on 4/8/2019

That time is coming if it is not already here. The kids are gone, and it is just the two of you—or, maybe there’s only one of you—and you feel like you’re rattling around the house like a couple of beans in a can. You’re tired of cleaning rooms that you never use. You’ve stopped visiting the basement, and you pretend that it isn’t even there. But you have no idea what things you should consider in purchasing that next “smaller” house. All you’ve ever planned for is that perfect house for the family, so … here are some things to consider.

If you’re still young physically, it’s hard to imagine not being able to do the things you have always done. Unfortunately, time does take its toll. 

Steps and doors...

Consider that you might want to find a single-story place with a master bedroom and maybe one guest room. That would seem simple enough, but unfortunately, not all single-level homes are created equal. The number one challenge as people get older is managing stairs. When you put “no step” in the equation, all the sudden you start to see how many steps are in many single-level homes. For example, there may be steps up to the front door, steps from the garage into the house, single steps from the dining room to the living room, a step into the bathroom, etc. Now you begin to wonder if the architect had “steps” on the brain. 

When buying your family home, you may not have even thought about doors, but there is the possibility of one day needing to use a walker or being in a wheelchair. Now, those standard doorways are a problem. Medical needs might limit you to exiting only through the front door—the only 36-inch door in the house. Oh yes, and there might be steps to get out that way as well. 

Fixed income...

The second challenge that happens as people get older, besides health challenges, is having a limited budget. In most cases, it’s fixed to your retirement income. So, it’s not just about the house payments. Even if you pay cash for your home, you still have gas, electric, and water bills. Take time understanding what those bills currently are, and determine if those will fit your budget. Then, decide if there's your room in your budget for them to up because you know that nothing goes down in cost. 

Time and effort...

Another consideration is lot size. You may really love to work outside in the garden or to have a garden that looks beautiful—even if someone else does the gardening. That is all well and good, but you should consider that there may come a time that it is too big or too costly to maintain. Do you want to move again because you cannot afford to keep up the yard or pay for all the water needed to keep it green? If you live in areas of the country that have lots of snow or ice in the winter, how much of the front walkways can you keep clean so you can come and go? If it is a large front yard with a long driveway and long sidewalks it may be more than you can handle.

These challenges are only a few of the things to consider when downsizing. Let your real estate professional know your needs now … and in the future.




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