Maureen Giuliano - Classified Realty Group



Posted by Maureen Giuliano on 6/23/2017

Whether you buy your first home later in life, or directly from college, buying your first home is a major milestone in your life.  For that reason, there are things you need to be knowledgeable about before your purchase is complete. You will want to safeguard yourself so you know that you are getting a home and a loan that you can afford. Here are a few tips from mortgage and real estate pros to help prepare you for the biggest purchase of your life. Using an Agent If you are a buyer, then there is no reason not to use a real estate professional. It does not cost you any more money to hire an agent. That agent will do more than find you that perfect house. You will discover that after you find a house is when you will need that agent the most.  The agent will use their expertise to present your offer to the seller and then address issues that may arise between contract and closing. House Hunting Remember, location, location, location. This is very important when buying a house.  Location plays a big part in determining the market value of the home. Before you start the house hunting process, make sure you know what neighborhood is a good location for you. Also, it would be good to have an idea of what style home you are looking for. Real estate moves quickly, so if you see a property that you love, you should move on it before someone else does. Find a Loan that Works for Your It sure can be tricky business trying decide what kind of loan is right for you.  There are many different types of loans that you should be aware of.  There is an Adjustable rate mortgage which has an interest rate that is linked to an economic index. So as the index changes your interest rate and payments may go up or down. There is also a 30 Year Fixed Rate Mortgage as well as a 15-Year Fixed Rate Mortgage. Some state and county maximum loan amount restrictions may apply. Home Buyer Alternatives for First Timer Saving for a first home can sometime seem like it’s a hill that too steep, but don’t worry there are assistance programs that can help. The Federal Housing Administration offers loans to people with a credit score as low as 640, low down payments and down payment assistance. There are also VA and USDA loans: Certain active members of the military and veterans as well as qualifying residents of designated rural areas can qualify for a 0% down-payment housing loans that are free of mortgage insurance fees. How Much Do You Have to Put Down? It really depends on what type of loan you have. If you have a conventional loan then you may have to put as much as 20% down. It is possible to put 5% down on a conventional loan if you don’t mind paying mortgage insurance.  If you go with the FHA loan you will need at least 3.5 % down.  For people who are relying on others to help with down payments, an FHA loan may be a good option. First time home buyers need to look around and know that there are a multitude of down payment assistance offers by state or local governments. Closing cost: There can be a lot of hidden fees in closing costs; first time home buyers should be aware of these costs.  These fees are typically included in the closing costs, including fees for commissions, appraisals, inspections, certifications and surveying.  There will also be fees for government record changes, tax and title services and transfer taxes.





Posted by Maureen Giuliano on 6/22/2017


31 MOUNT VERNON STREET, North Reading, MA 01864

Single-Family

$539,000
Price

11
Rooms
3
Beds
2/1
Full/Half Baths
MOTIVATED SELLERS! This HOME has everything you are looking for! ATTRACTIVE 11 room, 3 bedroom COLONIAL situated on landscaped half acre lot in residential neighborhood. Exotic HARDWOOD floors, UPDATED KITCHEN with GRANITE countertops, New High End STAINLESS STEEL Appliances (Ref, Stove, Washer) , Oversized Master bedroom, NEW ROOF, 2 car garage, Huge attic, NEW electrical panel, walk out lower level. There is 524 SF finished space in walk out lower level and 150 SF in 3 season Sunroom not included in GLA. GREAT location within WALKING distance to town center, schools, and Ipswich River Park. The home offers versatility……..Don't miss this opportunity!
Open House
Sunday
June 25 at 12:00 PM to 1:30 PM
Cannot make the Open Houses?
Location: 31 MOUNT VERNON STREET, North Reading, MA 01864    Get Directions

Similar Properties





Categories: Price Change  


Posted by Maureen Giuliano on 6/21/2017


31 MOUNT VERNON STREET, North Reading, MA 01864

Single-Family

$549,900
Price

11
Rooms
3
Beds
2/1
Full/Half Baths
MOTIVATED SELLERS! This HOME has everything you are looking for! ATTRACTIVE 11 room, 3 bedroom COLONIAL situated on landscaped half acre lot in residential neighborhood. Exotic HARDWOOD floors, UPDATED KITCHEN with GRANITE countertops, New High End STAINLESS STEEL Appliances (Ref, Stove, Washer) , Oversized Master bedroom, NEW ROOF, 2 car garage, Huge attic, NEW electrical panel, walk out lower level. There is 524 SF finished space in walk out lower level and 150 SF in 3 season Sunroom not included in GLA. GREAT location within WALKING distance to town center, schools, and Ipswich River Park. The home offers versatility……..Don't miss this opportunity!
Open House
Sunday
June 25 at 12:00 PM to 1:30 PM
Cannot make the Open Houses?
Location: 31 MOUNT VERNON STREET, North Reading, MA 01864    Get Directions

Similar Properties





Categories: Open House  


Posted by Maureen Giuliano on 6/19/2017


3012 36 ABIGAIL WAY, Reading, MA 01867

Condo

$449,900
Price

6
Rooms
2
Beds
2
Baths
VERY YOUNG RESALE….ONLY 6 MONTHS OLD!!! The Pines at Reading Woods, Active Adult Community (55+) This CORNER UNIT "ISLEBROOK" style home overlooking park-like green space is drenched in sunlight. PRISTINE CONDITION UNIT features a welcoming foyer, beautiful eat-in granite kitchen, octagon dining room, large great room w/slider to private balcony overlooking landscaped courtyard, spacious master suite with walk-in closet, master bath with walk in shower and separate tub, private den/office, utility room w/washer & dryer, lots of closet space, HARDWOOD FLOORS, crown & panel molding & recessed lighting! UPGRADED KITCHEN PACKAGE: INCLUDES UPGRADED CABINETS, STAINLESS STEEL APPLIANCES, UNDER CABINET LIGHTING & GRANITE.
Open House
No scheduled Open Houses

Similar Properties





Tags: Reading   Real estate   Condo   01867  
Categories: New Homes  


Posted by Maureen Giuliano on 6/17/2017


88 HANSCOM AVENUE, Reading, MA 01867

Single-Family

$1,099,000
Price

10
Rooms
4
Beds
2/1
Full/Half Baths
QUALITY NEW CONSTRUCTION. 3251 SF COLONIAL in GREAT LOCATION.
Open House
No scheduled Open Houses

Similar Properties





Categories: New Homes