Accent Insights

One month into the Covid19 lockdown - How is the Brookline real estate market functioning? What are we seeing and what does it mean? That's our topic for today!

We discuss a variety of considerations, new strategies, and actual properties on the market.

What are you seeing?

CONTACT ACCENT REALTY:

Accent Realty, Email: [email protected], 617-396-3206, www.accentbrookline.com

**Avi Kaufman, [email protected], 617-751-1040, www.avirealestate.com **

**Ron Scharf, [email protected], 617-221-3122 **

We discuss the impacts of COVID-19 with our special guest, real estate attorney David Haimi.

- What happens if the Registry of Deeds is closed?

- What if the Fire Department won't conduct the Smoke and Carbon Monoxide Detector Inspection?

- What if a buyer or seller is stuck in quarantine and can't close?

- And other questions...

Let us know your questions for future episodes!

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ABOUT OUR GUEST:

DAVID HAIMI, ESQ

Partner at Lieberman Law Office, P.C.

liebermanlawoffice.com/david-haimi-esq/

David has been in real estate for more than 15 years, first as a title examiner and owner of a title examination company, and then as real estate attorney.

David obtained his B.A. with honors from Skidmore College in Saratoga Springs, NY, and his J.D. with honors from Pace University School of Law in White Plains, NY. At Pace, among other activities, he was managing editor of the prestigious Pace Environmental Law Review, vice president of the law school, and recipient of the Homberger Humanitarian Award. David remains committed to his alma mater as an active member of the Pace University School of Law’s Alumni Board. After graduating, David passed bar exams in both Massachusetts and New York, but has focused his practice in Massachusetts residential real estate law.

As a real estate attorney, David has successfully closed on thousands of transactions, and made many relationships with buyers, sellers, real estate agents, mortgage lenders, and investors. To continuously help better the real estate industry, David has spent many hours training real estate agents, and in turn, remains up-to-date on the most current changes in the real estate world. From complex transactions to working with first-time home buyers, he communicates with all parties to make each transaction as smooth as possible.

ONE GATEWAY CENTER

300 Washington Street, Suite 160

Newton, MA 02458

E: [email protected]

C: 508.579.6509

T: 617.244.3200 x 122

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CONTACT ACCENT REALTY:

Accent Realty, Email: [email protected], 617-396-3206, www.accentbrookline.com

**Avi Kaufman, [email protected], 617-751-1040, www.avirealestate.com **

**Ron Scharf, [email protected], 617-221-3122 **

Schools are closing, events are being cancelled, and people are stockpiling groceries. We discuss what we are seeing now in terms of how the Covid-19 Pandemic is already affecting the real estate market, what might happen in the coming weeks, and how we can use technology to fill the gap.

QUESTIONS? Email us! [email protected]

** Accent Realty, 617-396-3206, www.accentbrookline.com **

AVI KAUFMAN, [email protected], 617-751-1040, www.avirealestate.com

RON SCHARF, [email protected], 617-221-3122

What happened to the four properties we discussed last week? Two accepted offers pretty quickly and two are still for sale. We give the breakdown.

Also, we talk about three new listings we visited this week, with three different styles: Warm New England, New Construction Modern, and Old World charm

118 York Terrace, Brookline

$2,199,000

Single family, 3,044 square feet, 5 beds, 4 full 1 half baths

Warm New England

56-58 Perry St Unit 2, Brookline

$1,680,000

Condo, 2,220 square feet, 3 beds, 3 full 1 half baths

New Construction Modern

1514 Beacon St Units 47/48, Brookline

$2,175,000

Condo, 2,724 square feet, 3 beds, 3 full baths

Old World Charm

QUESTIONS? We'd love to hear from you.

** Accent Realty, 617-396-3206, www.accentbrookline.com **

AVI KAUFMAN, [email protected], 617-751-1040, www.avirealestate.com

RON SCHARF, [email protected], 617-221-3122

After a long drought over the winter, there are finally new homes for sale in Brookline again! There were 18 broker tours in north Brookline on Wednesday. We review four of them:

58 Welland Rd, Brookline

$1,900,000

Single-family, 2024 square feet, 3 bedrooms, 2 full 1 half bathrooms

125 Park St APT 6, Brookline

$1,230,00

Condo, 1624 square feet, 3 bedrooms, 2 full baths,

36 Davis Ave APT 2

$1,399,000

Condo, 1,920 square feet, 4 bedrooms, 2 full baths, 3 parking

50 Browne St APT 2, Brookline

$700,000

Condo, 910 square feet, 1+ bedrooms, 1 bathroom

Interested in these or any other property for sale? Let us know, we'd be happy to help!

QUESTIONS ? Email us! [email protected]

** Accent Realty, 617-396-3206, www.accentbrookline.com **

AVI KAUFMAN, [email protected], 617-751-1040, www.avirealestate.com

RON SCHARF, [email protected], 617-221-3122

This week we tackle some listener questions!

1. When is the right time to have a walkthrough and what should you be finding?

2. Why are inspections after offer acceptance? What are the implications?

3. How do you know if a condo association is okay? How about a neighborhood? What should we be looking for?

MORE QUESTIONS? Email us! [email protected]

** Accent Realty, 617-396-3206, www.accentbrookline.com **

AVI KAUFMAN, [email protected], 617-751-1040, www.avirealestate.com

RON SCHARF, [email protected], 617-221-3122

Ron and Avi discuss one property today in depth: 47 Winthrop Road Unit 1, Brookline. This is a Philadelphia style half house with 4 bedrooms, 3 1/2 bathrooms, 2,062 square feet living area, plus a bonus suite in the basement. Private laundry, shared back yard, two parking spaces. Originally listed at $1.369 in the fall, now dropped to $1.259M

All together a rare offering for Brookline at this price - how is this available?

Some of what we discuss:

- Is this the right price?

- Are some features of this unit undervalued by the market?

- Why was it left on over the winter?

- How would recent town legislation activity affect this unit with regard to AirBnb? Could the bonus suite in the basement enable additional income?

- What are some of the quirks of this property?

QUESTIONS ? Email us! [email protected]

** Accent Realty, 617-396-3206, www.accentbrookline.com **

AVI KAUFMAN, [email protected], 617-751-1040, www.avirealestate.com

RON SCHARF, [email protected], 617-221-3122

We try a new format this week - a live show! We recorded from the car as we toured new properties in Brookline on January 29, 2020. Let us know what you think!

15 Francis Street APT 43. Brookline, MA

$549,000, 684 SqFt, 1 bed, 1 bathroom

A one bedroom in a fabulous location.

108 Griggs Rd, Brookline, MA

$2,625,000, 2,830 SqFt, 4 beds, 4 1/2 baths

A trendy and well-designed new construction by Urbaness.

Questions? Email us! [email protected]

** Accent Realty, 617-396-3206, www.accentbrookline.com **

Avi Kaufman, [email protected], 617-751-1040, www.avirealestate.com

Ron Scharf, [email protected], 617-221-3122

Stories of what can go wrong with a real estate transaction and how to be prepared!

This is the second half of our interview with one of our favorite real estate attorneys, David Haimi. You do not have to listen to the first half first because we discuss all new topics on this episode.

We discuss:

- When the mortgage contingency date passes... what to do?

- What are the risks of a Use & Occupancy Agreement? And why we don't call it a "Lease back"

- What happens if the seller doesn't leave the property after the sale?

*****************

ABOUT OUR GUEST:

DAVID HAIMI, ESQ

Partner at Lieberman Law Office, P.C.

liebermanlawoffice.com/david-haimi-esq/

David has been in real estate for more than 15 years, first as a title examiner and owner of a title examination company, and then as real estate attorney.

David obtained his B.A. with honors from Skidmore College in Saratoga Springs, NY, and his J.D. with honors from Pace University School of Law in White Plains, NY. At Pace, among other activities, he was managing editor of the prestigious Pace Environmental Law Review, vice president of the law school, and recipient of the Homberger Humanitarian Award. David remains committed to his alma mater as an active member of the Pace University School of Law’s Alumni Board. After graduating, David passed bar exams in both Massachusetts and New York, but has focused his practice in Massachusetts residential real estate law.

As a real estate attorney, David has successfully closed on thousands of transactions, and made many relationships with buyers, sellers, real estate agents, mortgage lenders, and investors. To continuously help better the real estate industry, David has spent many hours training real estate agents, and in turn, remains up-to-date on the most current changes in the real estate world. From complex transactions to working with first-time home buyers, he communicates with all parties to make each transaction as smooth as possible.

ONE GATEWAY CENTER

300 Washington Street, Suite 160

Newton, MA 02458

E: [email protected]

C: 508.579.6509

T: 617.244.3200 x 122

*****************

*****************

CONTACT ACCENT REALTY:

Accent Realty,

Email: [email protected]

617-396-3206

www.accentbrookline.com

**Avi Kaufman, [email protected], 617-751-1040, www.avirealestate.com **

**Ron Scharf, [email protected], 617-221-3122 **

Join us for a fascinating interview with one of our favorite real estate attorneys, David Haimi. Part 1 of 2. We discuss questions including:

- What is a real estate attorney and what do they do?

- Why is the practice in Massachusetts to always have an attorney on both the buyer and seller side of a real estate transaction?

- How are real estate attorneys compensated? What's the fee?

- What is a lender attorney list? What's an open list vs a closed list?

- What are some of the most common and some of the craziest issues you've seen come up on real estate transactions?

- What kind of title issues come up? How do you clear them up?

- What is the value of owner's title insurance and do you recommend it? - Do you invalidate your title insurance if you put your property into a trust? How do you avoid that?

*****************

ABOUT OUR GUEST:

DAVID HAIMI, ESQ

Partner at Lieberman Law Office, P.C.

https://liebermanlawoffice.com/david-haimi-esq/

David has been in real estate for more than 15 years, first as a title examiner and owner of a title examination company, and then as real estate attorney.

David obtained his B.A. with honors from Skidmore College in Saratoga Springs, NY, and his J.D. with honors from Pace University School of Law in White Plains, NY. At Pace, among other activities, he was managing editor of the prestigious Pace Environmental Law Review, vice president of the law school, and recipient of the Homberger Humanitarian Award. David remains committed to his alma mater as an active member of the Pace University School of Law’s Alumni Board. After graduating, David passed bar exams in both Massachusetts and New York, but has focused his practice in Massachusetts residential real estate law.

As a real estate attorney, David has successfully closed on thousands of transactions, and made many relationships with buyers, sellers, real estate agents, mortgage lenders, and investors. To continuously help better the real estate industry, David has spent many hours training real estate agents, and in turn, remains up-to-date on the most current changes in the real estate world. From complex transactions to working with first-time home buyers, he communicates with all parties to make each transaction as smooth as possible.

ONE GATEWAY CENTER

300 Washington Street, Suite 160

Newton, MA 02458

E: [email protected]

C: 508.579.6509

T: 617.244.3200 x 122

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CONTACT ACCENT REALTY:

Accent Realty, Email: [email protected], 617-396-3206, www.accentbrookline.com

**Avi Kaufman, [email protected], 617-751-1040, www.avirealestate.com **

**Ron Scharf, [email protected], 617-221-3122 **