Lisa Bradley - Re/Max Vision



Posted by Lisa Bradley on 1/16/2020

This Single-Family in Westwood, MA recently sold for $705,000. This Colonial style home was sold by Lisa Bradley - Re/Max Vision.


84 PARKER STREET, Westwood, MA 02090

Islington

Single-Family

$699,000
Price
$705,000
Sale Price

7
Rooms
3
Beds
1/1
Full/Half Baths
UPGRADED & BRIGHT Colonial with renovated kitchen & baths, 2019 heat & air conditioning, updated roof & electric & hardwoods, attached oversize garage & fenced yard in desirable East Westwood neighborhood w/convenient 5 minute walk to the train station. Custom gourmet kitchen is a dream come true with Subzero refrigerator, Wolf 6-burner range w/ built-in griddle & double oven w/convection, Wolf hood, Bosch microwave & dishwasher. Featuring custom cabinetry by Schrock with large breakfast/workstation bar with labradorite granite countertops. Enjoy and entertain in the vast sun-filled living room w/fireplace or the cathedral ceiling sun drenched family room which opens to deck overlooking fenced-in level yard with patio. Extended living in partially finished lower-level with playroom, workout, large laundry, & storage areas. Walk up attic area is pre-plumbed for you to finish the way you want! Fabulous location- walk to elementary school, an outstanding playground & Legacy Place.

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Categories: Sold Homes  


Posted by Lisa Bradley on 1/14/2020

For those who plan to list a house in the foreseeable future, it often is beneficial to track the real estate market. By doing so, a home seller can identify real estate market patterns and trends and quickly address any potential property selling hurdles.

Now, let's take a look at three tips to help you analyze housing market data so you can accelerate the property selling journey.

1. Review the Prices of Recently Sold Houses in Your Area

Check out the prices of recently sold houses in your city or town. That way, you can find out whether sellers are accepting offers to purchase at or above their initial home asking prices.

Furthermore, it may be a good idea to see how your house ranks against recently sold residences. With this housing market data in hand, you may be better equipped than ever before to establish a competitive initial asking price for your home.

2. Determine How Quickly Houses Are Selling

As a home seller, you should find out whether you're preparing to enter a buyer's or seller's market. If you look at how quickly houses are selling in your city or town, you can distinguish a buyer's market from a seller's one.

In a buyer's market, you will find many sellers and few buyers. Conversely, in a seller's market, there is an abundance of buyers and few sellers.

The differences between a buyer's and seller's market are significant. If you understand whether you're getting ready to sell your home in a housing market that favors buyers or sellers, you can determine how to price your residence so it will generate plenty of interest from buyers. And as a result, you may be able to streamline the home selling journey.

3. Assess the Prices of Homes That Are Similar to Your Own

Your home may be one of many available to property buyers. Thus, you should review the prices of houses in your city or town that are similar to your own. This housing market data will help you narrow the price range for your residence.

Also, you may want to review rival home sellers' property listings and see how these sellers promote their residences to prospective buyers. Because if you can find ways to differentiate your home listing from competitors', you could boost the likelihood of a successful house selling experience.

As you prepare to add your house to the real estate market, you may want to hire a real estate agent as well. A real estate agent will offer recommendations so you can enhance your residence both inside and out and help you establish a competitive initial home asking price. Plus, a real estate agent will help you review an offer to purchase your home and determine the best course of action.

Take the guesswork out of selling your house use the aforementioned tips, and you can monitor the real estate market and use housing sector data to simplify the property selling journey.




Categories: Uncategorized  


Posted by Lisa Bradley on 1/8/2020


59 School St, Northborough, MA 01532

Condo

$179,900
Price

4
Rooms
2
Beds
1
Baths
These units under $200K rarely become available in Northborough. Terrific location near Northborough center; centrally located near Rte. 20, I-290 and I-495 with well regarded schools....Investors and Owner Occupants....come and see this nicely maintained garden style condo located on the top floor of building B at Parliament Court. This unit is located in the second building that abuts a lovely wooded common area. The condo fee includes heat and hot water, a deeded parking space and extra storage space in the basement building C. The unit offers a nice flowing floor plan with living/dining room, kitchen, master bedroom with a walk in closet, second bedroom and a full bath. Fresh paint, new flooring in hallway, tile in the kitchen, and newer fiberglass surround in bath. Unit is vacant and easy to show.
Open House
No scheduled Open Houses






Tags: Northborough   Real Estate   Condo   01532  
Categories: New Homes  


Posted by Lisa Bradley on 1/7/2020

Image by Gerd Altmann from Pixabay

When you're considering buying real estate as an investment, it's a good idea to weigh the pros and cons. That's especially important with "subject-to" real estate, because there can be risks and rewards with this type of property that are different from traditional purchases. Here's what you should be considering, before you decide on this investment strategy.

The Pros of "Subject-To" Real Estate  

On the "pro" side of buying "subject-to" real estate is the way you can acquire multiple properties for your portfolio. Additional benefits include:

  • There's no need to get a mortgage in your name, so you won't be overextending your credit or finances.
  • You avoid a lot of the transaction fees that come with getting a mortgage and buying a property.
  • You can close on the property quickly, and you'll pay fewer title company fees in the process.
  • You can buy as many properties as you want, as fast as you want, and all you have to do is make the mortgage payments.
  • You'll be helping sellers who are facing foreclosure or otherwise need to get out from under their house payments.
  • The Cons of "Subject-To" Real Estate  

    With any real estate transaction or investment of any kind, there are cons that come along with the pros. When you weigh them carefully, here's what you should be thinking about:

  • If the seller files bankruptcy, the original lender could foreclose on the property and you may lose your investment.
  • The lender could exercise their "due on sale clause," and require that the current mortgage balance be paid in full.
  • The deed could be tainted in some way, and without title insurance in your name you might not be protected.
  • You may end up spending money on an attorney if something goes wrong during the process.
  • Technically, the bank still owns the home because there's a mortgage on it.
  • Why Choose This Type of Real Estate Investment?

    If you don't have the money or credit to buy investment properties, buying "subject-to" can be a good choice if you understand and mitigate the risks. You may also want to choose this option if you're trying to acquire a lot of properties quickly, and you want to save money over traditional purchasing options. For people who buy "subject-to", there can be big opportunities to buy quality properties they might not be able to afford under typical circumstances.

    But it's very important that you're aware of the risks and legalities. Getting an attorney to help you with the first few properties, and to collect and make the mortgage payments on all the properties you buy, can be one of the ways you can make this type of transaction safer and better for you and the seller.




    Tags: Mortgage   Investment   home loan  
    Categories: Uncategorized  


    Posted by Lisa Bradley on 12/31/2019


     Photo by Mona Tootoonchinia via Pixabay

    When you purchase a home, your lender charges you for a title insurance policy. You are also given the option to buy your own title insurance policy. Depending on your agreement with the seller, the seller might purchase the buyer’s title insurance policy. Before a seller can sell his or her property, it must have clear title. However, the title searchers could miss something. Title insurance protects the buyer and the mortgage company against financial problems that might come with a “dirty” title.

    What Is a Title Search?

    A title search looks at public records to determine the legal ownership of a property. The title search should uncover any liens against the property in addition to easements and other problems with the title. Building code violations, unpaid taxes and erroneous surveys are just some of the items that cause a title to be “dirty.” If a title has issues, the seller must rectify those issues before they are allowed to close on the deal.

    What Is Title Insurance?

    The title insurance protects the holder of the policy from any defects in the title. When you think of insurance, you generally think of being insured against things that will happen in the future. Title insurance protects you against things that happened to the title in the past. The insurance policy usually covers fraud concerning title documents, forgery on title documents, ownership by someone else, incorrect signatures, flawed record-keeping, flawed records, terms that reduce enjoyment (such as unrecorded easements) and encumbrances (such as liens and outstanding lawsuits).

    The Cost and Types of Title Insurance

    The cost depends on the title insurance company, but is usually around 1 percent of the purchase price of the property. The types of title insurance are owner’s insurance and lender’s insurance. As previously mentioned, the buyer buys the policy for the lender. The buyer or seller purchases the owner’s (buyer’s) policy.

    The lender’s policy does not protect the buyer from loss – it protects only the lender. If you want to be covered against losses, you should always purchase your own policy if the seller doesn’t do it for you. Never rely on a title search, as it is easy enough to miss something that clouds the title.

    For example, if the title search does not show that the seller has unpaid taxes and the closing goes through, the buyer is now responsible for those unpaid taxes. A title insurance policy protects the buyer against situations such as this.

    If you are purchasing a home that was in foreclosure, the title is more likely to have issues because the sellers might not have more liens against the property in addition to the foreclosure. For example, if a seller does not pay a $20,000 hospital bill, the hospital could place a lien on the property. If the title search does not find that lien because someone erred in recording it, the buyer is responsible for that hospital bill once they close on the property. It is recommended that you always buy your own title insurance policy, whether you or the seller pays for it.