TEAM Metrowest
Berkshire Hathaway HomeServices Commonwealth Real Estate | 508.223.7583 | info@teammetrowest.com


Posted by TEAM Metrowest on 1/2/2019

The bathroom is a room of sanctuary in the home. It is the one room where, for the most part, you can find cherished, quiet time all to yourself. Even if it means locking the door to keep the kids out for the best two minutes of your day.

Which is probably why creating a spa-like bathroom is a top trend at the moment. The best part about this trend is that it doesnít have to be obviously trendy. Itís about subtle, minimalistic details that are both functional and visually appealing.   

For those looking to invest in renovating their bathroom with a nod to both current and future styles to come here are six spa-like features that are fully functional and will transcend time.  

A European-style walk-in shower is the epitome of a spa-like bathroom right now. Open any magazine or click through any Pinterest board and you would think this is the only style of shower available.

Not only does a walk-in style open up the room adding dynamic space but it is also incredibly functional. Especially if you plan to age in place. The walk-in showers lack a ledge or lip is ideal for those with limited mobility. So whether it be from age or a wild new move at your dance class you wonít have to worry about tripping.

A popular addition to the walk-in shower is a shower bench. Typically, tiled to match the rest of the shower area it offers a space to relax and the option to slow down and enjoy your You time. Wooden shower benches are another popular option cropping up in the pages of editorial spreads everywhere. A shower bench is also another great feature to have for future planning and certainly more stylish than those plastic chairs.

Due to the style of a walk-in shower, many homeowners are skipping having the addition of a tub altogether. Many people have found that after investing in a luxurious deep soak tub they just donít make the time to use it. However, those who do enjoy a good soak opt for a free-standing tub. This separation of shower and tub allows for the tub itself to take a spotlight and emphasize the luxurious nature of your bathroom.

Another old favorite being ushered out is the medicine cabinet. Instead, homeowners are installing a large mirror that is a work of art and statement piece. The most popular shape of the moment is the circle. You may find that your new home already comes with a builder-grade mirror that just needs some creative details to spruce it up. Add trim board in your color and finish of choice to give it a whole new lease on life.  





Posted by TEAM Metrowest on 11/8/2017

Mortgages werenít the only financial instruments that helped to cause the Great Recession. Home equity loans also played a role in the massive economic decline. Lenders and homeowners both had a hand in creating the volatile situation. Both also bore a huge brunt of the fallout.

So, why are home equity loans again on the rise?

What makes home equity loans so attractive?

Home equity loans put hundreds, at times thousands, of dollars within a homeownerís reach.Although interest rates are rising, they continue to be low in most areas. Get a home equity loan while rates are low and youíll yield short and long term savings on the repayment side of the loan.

Another reason why more homeowners are getting home equity loans is because having the money to upgrade, repair or renovate a house can be a significant plus,especially if homeowners use home equity loans wisely. Upgrades, repairs and renovations add value to a house, another area that homeowners learned not to leave to chance during the Great Recession.

Using home equity loans to strengthen your real estate investment

Yet, itís easy to get into trouble with home equity loans. To stay out of trouble with home equity loans:

  • Only borrow as much as you can afford to repay on time. Donít assume that you will be able to repay the loan. Create a budget and list out all of your expenses, including money that you spend on entertainment.
  • Consider using investment accounts like IRAs and 401(k)s to grow wealth and not solely your home. This could keep you from viewing your home as your sole source of long-term wealth.
  • Get sufficient homeowners insurance. Donít just get enough insurance to cover the exterior or your home. Get enough insurance to cover your personal belongings as well.
  • Consider getting your home inspected and appraised before you pay for upgrades, as the upgrades that youíre thinking about getting may not increase the value of your home enough to make taking out a home equity loan good sense.
  • Despite what bank commercials may say, do not take out home equity loans to pay for vacations, cars or shopping sprees. This is a primary way that homeowners got in over their heads before the Great Recession.
  • Perform regular maintenance on your home. This includes cleaning out drainage pipes, changing filters and tightening and replacing screws, washers and bolts. By maintaining  your home, you can reduce the amount of a home equity loan you might need.
  • Adhere to manufacturer instructions when operating appliances. Doing so could extend the life of your appliances.
  • Care for the exterior of your home. For example,keep your lawn healthy, trim hedges and resurface your front walkway and driveway as needed.

Take out a home equity loan at the right time and the money could help to increase your overall wealth. View the loan as an investment in your home. Itís also important to approach a home equity loan as, just that, a loan. Remember that you have to pay the money back to the bank with interest, as a home equity loan is not a gift.







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