Mortgage

Mortgage Services

Meet Tony Tambascia

Tony Tambascia is Bank of Cape Cod's Mortgage Loan Officer providing his expertise to customers from Barnstable Village to Provincetown. Tambascia has more than 10 years of experience in the mortgage business.

Tambascia is a graduate of Dennis-Yarmouth Regional High School, received an associate's degree in art from Cape Cod Community College, and earned a bachelor of science degree in criminal justice from Westfield State University.

A resident of Cummaquid, he is a board director for the Cummaquid Heights Association and works on the membership committee for Blue Coats of Barnstable, an organization that helps raise money for the Barnstable Police Department. Tambascia and his wife, Becca, have two sons, Anthony and Caden. He enjoys family time, traveling, boating and going to the beach.

You can reach him at 508-568-2338, by cell at 508-280-2039 or by email at ttambascia@bankofcapecod.com.

Tony Tambascia: NMLS ID # 441841

Tony's Tips

Outdoor living space continues to be a hot commodity with potential buyers.

It's never easy to figure out what a potential buyer is looking for. There are the standard amenities -- updated kitchens and baths, and outdoor space. but what else matters?

Tony suggests you prioritize projects to maximize interest from potential buyers. 

Getting a home or property ready for sale is never an easy task. There are so many questions to consider:

  • How much should the listing price be?
  • Is the house in the best condition?
  • What improvements/modifications should be made to make it more buyer ready?
  • How much should you invest in getting a property ready for sale?

And the list goes on. It’s hard for someone to know where to begin, or what’s the best advice to take. Tony suggests you listen to the experts.

Here's what a few had to say:

“Remodeling and home improvements can make a difference to a buyer when there are many homes to choose from,” said Rich Capen, of Capewide Enterprises. “Some home upgrades will increase the value of your home, while at the same time move prospects to buy. At Capewide Enterprises, we have remodeling projects where the homeowner’s intention is to sell the home. Sometimes a minor project such as removing a wall to open up a room can make a home appear more spacious, but there are certain projects that can make a big difference and have significant returns.”

According to Capen, those include:

  • Kitchen and bath remodel: “Kitchens and bathrooms continue to be two of the best investments you can make in your house when selling. Even a minor kitchen remodel that includes cabinets and counter top replacement can provide a return of 85 percent. Small changes to your bathroom, such as replacing the vanity, can make a big impression on buyers,” Capen said.
  • Deck addition: “Outdoor living is as important to buyers as the interior space. A new wood deck provides a large living area at a fraction of the price of an enclosed addition and enjoys an 80-83 percent return,” Capen noted.
  • Window replacement: “If you still have old wood or aluminum windows, replacing them will provide savings appeal because this will add to the energy efficiency of the house. New windows also improve a home’s appearance and can return 70-78 percent of your cost,” Cape said.
  • Siding replacement: “Replacing worn-out siding can help a home’s exterior look virtually brand-new and adds an 80 percent return at resale,” Capen concluded.

Gerry Coughlan, a Realtor with Joly, MacAbee & Weinert Real Estate in Yarmouthport, agrees that kitchen and baths are a priority when readying a home for sale.

“I suggest to my sellers that kitchen and baths are the priorities for buyers,” Coughlan said. “The next question buyers ask: does it have central air conditioning? Buyers also prefer gas heat over oil.”

Coughlan often said recommends, as do many experts, that sellers not underestimate the need for an overall cleanup of a home and property, including de-cluttering and removing personal items such as pictures. “First impression of the property is important,” Coughlan added.

Tony's take on closing costs

When planning a purchase, it is always critical to consider all costs associated with the home, including closing fees. Here's some information from Tony about what you might expect. (Keep in mind all costs are estimates and subject to change at any time.)

  • Flood certificate: $12
  • Credit report: $29.70
  • Appraisal (Estimate): $400
  • Administration fee: $649.
  • Tax service: $85
  • Attorney fee (estimate): $650
  • Municipal Lien Certificate: $40
  • Recording at Registry of Deeds (estimate): $375.
  • Title Search (estimate): $200
  • Courier: $30
  • Title insurance: $2.75 per thousand
  • Owner Title, (if applicable): $4 per thousand plus $175 less lenders title insurance.
  • Plot Plan: $150 (if applicable)

***All fees are subject to change and are based on a single-family, owner-occupied property.