The Mavroules Team - Atlantic Coast Homes



Posted by The Mavroules Team on 11/9/2018

Newly Renovated First floor apartment in an OWNER OCCUPANT 3 family home. This apartment features 5 spacious rooms including 2 BEDROOMS with plenty of closet space, eat in kitchen featuring GRANITE countertops plus bonus PANTRY with lots of cabinet space, updated bath, plus an OVERSIZED living room and dining room; lots of windows with plenty of sunlight! Additional features include New STAINLESS steel appliances - gas stove & refrigerator, BUILT IN HUTCH, updated fixtures, ceiling fans, HARDWOOD floors throughout & PARKING! Steps to Salem State University, Restaurants, Shopping & all Salem has to offer!

More Info on this Property | New Listing Alerts




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Posted by The Mavroules Team on 11/9/2018

Seize this rare opportunity to own an amazing 2 bedroom home in the highly desirable RIVERSIDE neighborhood. This SUN-SPLASHED move-in-ready ranch with EXPANSION POSSIBILITIES in the lower level is conveniently located near shopping, restaurants and the COMMUTER RAIL. Highlights include GLEAMING HARDWOOD FLOORS, newer roof, new windows, living room with working fireplace, plus a detached garage. Set on a gorgeous lot with plenty of CURB APPEAL, this home features a great fenced in backyard, perfect for enjoying your morning coffee while overlooking your professionally landscaped yard. Pride of ownership shows in this lovingly cared for home, just waiting for a new family to make it their own. Don't let this one get away!

More Info on this Property | New Listing Alerts





Posted by The Mavroules Team on 11/9/2018

The Massachusetts Homestead Law is a very useful law that was put into place as a protection of homeowners’ property. The law may protect your home against the claims of creditors. The act applies to your home if: 

  • You live in the home or plan to live in it
  • You use the home or plan to use the home as your primary residence 

Things To Know About The Law


It does protect manufactured and mobile home

Homestead protection does not stop your home from being foreclosed on in the event that you don’t pay your mortgage


Declaration Of Homestead


You must declare that your property is a homestead property in the state of Massachusetts. This declaration will protect the equity value of your home from creditors. The equity of your home is what the “fair market value” of the home is. To calculate this value, find out what the value of your home is, then subtract all home equity loans, liens, and mortgages that you have against the house. The number that’s left is what the equity value of your home is.


When a Declaration Of Homestead is in place, you’re protected from creditors who would otherwise force you to use your equity so that you you can repay the debts that are owed. Without this protection, creditors can foreclose on your home. The only creditors that a Homestead does not protect you from are home loan companies, the IRS and legal child support obligations. 


When the loan for your home is in good standing and a Homestead is in place in Massachusetts, the following applies:


A creditor cannot auction your home if you, other owners of your home, any family members, or any family members who move into your home at a future date live there. This means that even in the event of your death, these people will all be protected from creditors taking value from the property while they are living on the property. 


Key Points


Any family members who have debts and are living in the house are also protected under the Homestead Act in Massachusetts. 


$125,000 is automatically protected. 

A Homestead Declaration needs to be filed for up to $500,000 of protection to be initiated.  


How A Declaration Of Homestead Is Filed


You’ll need to go to the Registry Of Deeds in the county where the property is located in Massachusetts to file a Declaration Of Homestead. The document will need to be notarized and there is a fee associated with filing. You may be asked if you’d like to file the Homestead Protection during the purchase agreement signing for your Massachusetts home. Note that if a lien was put on your property before the Homestead Declaration is filed, you are not protected.


Talk to your real estate attorney and realtor for more details and information on how to file a Homestead Declaration when you purchase your Massachusetts home.




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Posted by The Mavroules Team on 11/2/2018

Pressure washing your home can be an excellent way to increase curb appeal on a budget. A good pressure washer can be used to clean vinyl siding, windows, driveways, decks and sidewalks.

You can buy, rent, or hire a pressure washer. And, there are a number of different types of machines available. So, in this post, I’m going to give you some tips on pressure washing your home to increase curb appeal and discuss which option might be the best for you.

Buying a pressure washer

If your next move is to a new home with vinyl siding and you plan on living there for several years. You may find that buying a pressure washer is the best option for you.

Many pressure washers pay for themselves after 3-5 uses. However, high end washers can be much more expensive.

The first thing to consider when buying a pressure washer is to determine what you’ll need it for and how often you’ll use it.

If you have a deck, sidewalk, or driveway that sit underneath pine trees, you can bet that they’re going to get dirty frequently.

If you find yourself wanting a washer more than once a year, it’s likely a safe investment.

Gas vs electric

Consumer pressure washers come in two main types: gas and electric. Gas-powered washers tend to be stronger (and therefore more dangerous). They’re also noisy and will require maintenance and tune-ups on occasion.

Electric, on the other hand, are better for less heavy duty cleaning. They tend to be cheaper, at around $100 - $250 each (vs $250 - $500 for a gas-powered washer), but you do sacrifice some power at the expense of cost and convenience.

Regardless of which option you choose, it’s important to understand that pressure washers can be dangerous machines if not used correctly. Be sure to fully follow the instructions on your washer and to never point it at yourself, including shoes, or clothing.

Renting a pressure washer

If you don’t want to deal with storage or maintenance, renting is a great option for a one-time job. Perhaps your next home will be a condo or townhouse where you don’t have to worry about exterior maintenance. In these situations, a one-time rental can be a good option.

Power washers can be rented from many hardware stores, including The Home Depot. But, a quick Google search for your area should bring up multiple places to rent nearby.

Hiring a professional pressure washer

Pressure washing your home, driveway, or deck is a lot easier than scrubbing them with a brush. But, it still takes a good deal of time to go out and pick up the rental, return home, figure out how to set up the washer and then clean your entire home.

To avoid the headache (and the potential safety risks), many homeowners hire a local pressure washing company to do the job.

Hiring a company has its advantages; namely, when you hire a professional (one with good reviews on Yelp and Google), you’re going to get the best results.




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Posted by The Mavroules Team on 10/26/2018

Looking to sell your condo? You're in luck, as there is high demand for condos across the United States.

As a condo seller, it is important to allocate the necessary time and resources to find ways to maximize the value of your property. By doing so, you'll be able to evaluate your condo, understand its strengths and weaknesses and take the right steps to enhance your property's appearance.

Moreover, there are several factors that you should consider before you add your condo to the housing market, including:

1. Your Condo's Condition

How will property buyers feel when they see your condo for the first time? Ultimately, you'll want your condo to make a positive first impression on homebuyers. To accomplish this goal, you may need to complete assorted home improvement tasks to enhance your condo both inside and out.

A property appraisal may prove to be exceedingly valuable, as this assessment will allow you to learn about your condo's condition. During the evaluation, a home appraiser will take a close look around your condo and offer honest, unbiased recommendations that you can use to improve your residence.

2. Your Timeline

You know that you want to sell your condo, but how quickly would you like to relocate to a new address? Understand your condo selling timeline, and you'll be able to plan accordingly.

For a condo seller who wants to move as soon as possible, establishing a competitive price from the get-go is essential. This price will help your condo stand out from other properties that are available and increase your chances of a quick condo sale.

3. Condo Rules and Regulations

If you plan to sell your condo, it is always better to err on the side of caution. Therefore, you should check with your homeowners' association (HOA) to see if there are any rules or requirements that must be followed when you sell your property.

For example, some condo communities may require HOA board approval for a new property owner. Or, if you live in a gated condo community, you should find out whether permission is needed to host an open house to showcase your property to a broad range of property buyers.

Selling a condo may seem like a complex process, particularly for those who are listing a property for the first time. Lucky for you, real estate agents are available to help you get the best results.

Employing a real estate agent with condo selling experience is paramount. With this real estate agent at your side, you should have no trouble optimizing the value of your condo.

Typically, a real estate agent will set up condo showings, negotiate with property buyers on your behalf. This real estate professional also will respond to your condo selling concerns and queries, ensuring you can make informed property selling decisions.

Don't leave anything to chance when you sell your condo. Collaborate with a real estate agent, and you can boost your chances of a seamless property sale.




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