Dorrinda O’Keefe-Shea - CENTURY 21 Toomey-Lovett, Inc Centurian 2012 Top Producer Diamond Award



74 Beaver Lake Rd, Ware, MA 01082

Single-Family

$205,000
Price

7
Rooms
3
Beds
1
Baths
Location Location Location within walking distance to Beaver Lake! MINUTES TO MANY MAJOR CONVENIENCES~ yet close access to major highways and MA Pike just minutes away! Eat in Cabinet packed & applianced kitchen with access to formal Dining room. Den with Large windows to over look a wooded back yard. Living room has Bay window which could be converted into a 1st floor bedroom. 1st floor bath also includes the washer & dryer. NEED AN EXTENDED LIVING ARRANGEMENT? IN-LAW? Three Bedrooms on the 2nd floor All of this on approx 9.5 acres. Enjoy the pleasant breeze in your back yard or take a dip in your in-ground pool. There is a 2 car garage and a utility shed. With a little sweat equity you could have a real gem here!
Open House
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132 & O Comins Pond Rd, Warren, MA 01083

Multi-Family

$213,999
Price

2
Units
2,963
Approx. GLA
2 Family! Conveniently Located for Shopping, Banking, Dining & Commuting! Off Street Parking! Farmers Porch for tenants enjoyment. There is a garage with this unit. Each unit has Separate Gas Boiler and Electrical Services. First floor Laundry room in each unit. Ideal Set Up for In-Law or Owner Occupier and a Mortgage Helper! Stop Looking and Start Packing!
Open House
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Image by mynemesis2011 from Pixabay

If you're anticipating putting your home on the market soon and want to sell it as quickly as possible, you're probably thinking that the best way to accomplish this is to accept a major drop in price. Although it's true that price points can affect how quickly a property sells, you don't have to dip much, if anything, below market value to facilitate a fast sale as long as you live in an area with a moderately healthy real estate market. Following are five proactive ways you can help your upcoming home sale go quickly.

Declutter and Depersonalize

One of the key components of a successful home sale is creating an environment where potential buyers can easily envision themselves and their family enjoying a pleasant life. Too many family photos and general clutter takes away from this. Renting a storage unit helps by providing a place to keep things and also gives you a head start on your move.

Be Available

Homeowners who limit when the house can be shown are missing out on a lot of potential buyers. Although it's a hassle to always have to be available, you can make it easier on yourself by doing a general quick cleaning every morning and by using the above strategy of keeping clutter to an absolute minimum. If you simply can't guarantee availability for last-minute showings at all times, at least try to do so on weekend because that's when most people are looking at homes. 

Have Professional Photos Taken

Professional photographs that show your home in the best possible light make it more likely that prospective buyers will ask to see your home. Don't settle for just any local photographer, though -- ask your real estate agent to recommend someone who specializes in home photography. 

Move Out 

If you move out of the home, you and your family won't have to endure the inconvenience of people coming in and out, and your real estate agent will be free to show the property at literally any time. 

Paint Your Home in Neutral Colors

Now is the time to make your home look as much like a blank slate as possible without sacrificing any of its charm. Neutral colors don't clash with anything, so buyers are therefore less likely to pass on your home due to aversions to certain colors, and there's something really appealing about a fresh coat of paint.

You'll also want to amp up the curb appeal of your home to make it more attractive. Because people are often blind to the faults of their own environments, ask a trusted friend or relative to look at your home exterior from the critical eye of a potential homebuyer and add improvements from there. 



10 Ridge Dr, Dudley, MA 01571

Single-Family

$350,000
Price

8
Rooms
3
Beds
2
Baths
One owner Ranch first time on the market is in meticulous condition, located on a dead end street. Set on a sunny large impressive lot, step out your backdoor and you will see your private fenced in yard and in-ground pool with patio for entertaining. Backed by wooded area. Large in-ground pool is great for family gatherings an home is perfect for every life style. Cathedral ceiling sun-room with 3 sliders to back yard patio and pool . Perfect for dining and relaxing all year around. 2 car attached garage with full attic access and side entrance to main house. Don't let this one pass you by, move in ready and just waiting for you to call 10 Ridge Drive Home! Convenient Commuter access to major highways!
Open House
No scheduled Open Houses

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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.




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