Lynn D'Avolio
Century 21 North East | 801-597-2857 | lynn1@soldbylynn.com


Posted by Lynn D'Avolio on 2/23/2016

When it comes to searching for a home, there are a lot of factors that you have to consider. This is especially the case if you are shopping for condos, as you will be sharing a lot of common space with your neighbors as well. The first thing to look into is the overall interactivity that goes on within the block of condos you are considering to make your home. In most cases, it is always better to find a condo that has an interactive community, because this in turn means that you never have to worry that someone might not be doing their part in keeping the block of properties maintained and in good condition. One thing to be careful of is that some communities do not allow pets, and so if you are looking for a condo for you and your pets, then you need to make sure that the community has no problem with this. In the end, you have to find a condo that is able to be comfortable to live in, and where there is the least amount of stress. While it can be very beneficial to live in a community, it can at times be stressful if you are not one to go by strenuous rules. For some people, the idea of owning a home means that they have the freedom of choice to do what they want in their property. One of the most important things to look into when buying a condo is the condo fees. What are they and what will they be down the road? Are they set condo fees, or could they become too costly to pay down the road? Some condos fees go up to the point that makes the great price you got on the condo not look so great because of what you are paying in taxes and condo fees. One of pluses of a condo is no maintenance and a lot of people really like that especially in your later years when you don’t want to mow the lawn or shovel the sidewalks. A condo is a great option for many buyers and you can generally get into a condo for a fair price.




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Posted by Lynn D'Avolio on 6/23/2015

The love letter is back! What is a love letter in real estate? When the market is hot and competition for desirable homes is high buyers can gain an advantage by writing the seller a love letter. You may be wondering why in the world would I write a love letter to a seller? The answer: you want an advantage in a competitive real estate market. What should I put in my love letter? Compliment the seller on their home Tell the seller why you love the home Compliment the neighborhood Make it personal Be genuine Love letters often appeal to a seller's emotions and often especially if the owner has lived in the home a while the decision to sell a home is a very emotional process. If you find yourself in a bidding war or want to land the perfect home it may be a love letter that makes all the difference.  





Posted by Lynn D'Avolio on 6/22/2015

Lynn has been my realtor for some time. She is a hard worker and gets results. She is a pleasant person to be around and I found her extremely trustworthy. I highly recommend Lynn to anyone who has to do any rea estate trancaction. She gets the job done. Sincerely, Norma Mod Nos




Categories: testimonials  


Posted by Lynn D'Avolio on 1/27/2015

Buying a home is a big decision and it will most likely become one of your greatest investments. In order to help navigate through the process you will want to assemble the right team. Think of  a group of experienced professionals as your real estate buying team. Here is a list of some of the professionals that you might want to add to your team: Real Estate Agent The real estate agent will represent you and your interests. Always make sure to discuss your agency relationship with your agent so you fully understand the relationship. An experienced agent can help guide you through the process to a successful closing. Mortgage Advisor Unless you are paying cash you will need a loan to buy your home. Your mortgage broker or loan agent who will arrange financing. Your mortgage advisor will search for different loans that match your financial situation. Real Estate Attorney This is the only member of your buying team who can give you legal advice. You should hire an attorney that specializes in real estate to review any contracts. An attorney can usually solve any surprise legal problems before the closing. Home Inspector A home inspector's job is to go through your prospective home a complete physical. A home inspector is an objective third party who will produce a report detailing the condition of the structure and systems of the house. Putting the right team together is critical. If you need help assembling a team your real estate agent can provide you with a list of names or ask your friends and family for referrals.





Posted by Lynn D'Avolio on 10/21/2014

When it comes to mortgages there is a lot to know and a lot of choices. One loan that was popular before the housing crisis was the interest-only loan. An interest-only loan is an adjustable-rate loan with an initial fixed period when only interest is due. They are typically available in 5-, 7- or 10-year terms. Economists blame interest-only loans for the foreclosure crisis citing they were issued too freely. Today, interest-only loans are more difficult to obtain. Borrowers were using interest-only loans to qualify for a more expensive home and when the interest-only term ended the payment went up leaving many homeowners unable to afford the mortgage payment. Interest-only loans are now being used by wealthy borrowers as a financial tool to help them manage irregular cash flow, reap a tax benefit, or free up cash for investment elsewhere. Lenders that offer interest-only loans have strict qualifying standards. They generally require 30 percent equity in a property, and a minimum FICO score of 720. Lenders also look at the ability to pay back the loan is based on the fully amortized payment, not the interest-only payment.