Posted by Marie Presti on 12/10/2017

Before you meet with lenders to refinance your home, thereís certain steps that you should take to make sure that you are ready to refinance and that the entire process will go smoothly. Whether you want to do a renovation or just get a lower interest rate, refinancing can be useful. These tips will be very helpful to you in making an informed decision.  


The Numbers Wonít Lie


Just like when you first purchase a home, youíll need to take a look at your own financial situation to see if refinancing actually makes sense for you. If youíre less than 30 years from retirement, you may want to rethink getting another mortgage that starts from scratch. You can always consider a 15-year mortgage, knowing that your monthly payments will be higher, giving you some breathing room from another 30 years of mortgage payments.  


Know Your Credit Score


You should be checking in on your credit report periodically in order to catch any red flags early. Youíll also know and understand any weak spots in your credit. Youíll have time to eliminate any errors and give your score time to readjust. 

You should also get an idea of where you stand with your credit score. Credit card companies often provide this. Thereís also a few free services that exist to help you obtain your credit score. Knowing this information can be very helpful when youíre looking to refinance a home.


Find Out Your Homeís Value


Lenders want to know that you donít owe more than 80% of what your home is worth. An appraisal will be a part of the refinance process, but before you even start, it will be helpful to know how much you owe versus how much your home is worth. If you owe more than your home is worth, you may want to reconsider doing the kitchen over or going for that lower interest rate. Moving might be a better option financially.  


Get Your Finances Straight


A lender likes to know that youíre in good financial standing before they grant you a loan. Work on paying down your credit card balances and donít max out any cards that you do have. All this can hurt your credit and your chances of obtaining a loan. You can even talk to some lenders beforehand in order to see if refinancing is a good idea. 


Do Your Homework


All lenders are not created equal. You can start with your current lender when it comes to refinancing. Since they want to keep your business, your lender will hopefully have some good deals for you. Youíll need to take some time to compare rates from different companies and find the lowest rates available. If you do your homework, youíll be able to get the best deals and not regret your refinancing decision.




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Posted by Marie Presti on 12/8/2017


71 Woodland Rd, Newton, MA 02466

Rental

$2,800
Price

9
Rooms
4
Beds
1
Baths
Large Philadelphia style unit in a two family in Auburndale. Walk to commuter rail to Boston or Riverside Green Line subway station. Open living room and dining room with built in, updated kitchen with stainless steel appliances and granite counters, laundry room, pantry which could be used as a breakfast area. A total of 4 bedrooms but one offers a fireplace and could be an office or family room. Large partially finished basement with private storage. 2 car parking. Common yard.
Open House
Saturday
December 09 at 10:00 AM to 11:00 AM
Cannot make the Open Houses?
Location: 71 Woodland Rd, Newton, MA 02466    Get Directions

Similar Properties





Tags: Real estate   Rental   Open House   Newton   02466  
Categories: Open House  


Posted by Marie Presti on 12/3/2017

If this is your first time buying a home, you might be worried that you arenít asking enough questions. Or maybe youíre concerned youíre not asking the right questions--the things that matter the most when making a financial decision as important and life-changing as buying a home.  

While everyoneís situation is unique when buying a home, there are some questions that all buyers could benefit from asking. These questions will help you learn more about the home, how competitive the house is, and how much work youíll need to put into it.

Since time is usually of the essence for people buying a home, it makes sense to ask questions early on so that you donít waste too much time exploring an option that isnít ideal for your situation.

In this article, weíre going to give you 5 important questions to ask when you talk to a seller and their agent so that you can be prepared to make the best decision for you or your family.

1. How flexible is the asking price?

While few sellers or agents will outright tell you if theyíd accept a lower offer, itís still a good idea to ask this question, as it will open up a conversation about the sellerís feelings toward the home and whether theyíre pricing high with the hopes of receiving slightly lower offers.

2. How many offers has the home received?

It may seem counterintuitive, but most agents and sellers will be quite happy to tell you if theyíve received other offers. They know that once you know the current offer youíll have to either come up with a higher offer or move on. Itís a win-win for you and the seller, as it equips both of you with information you need to make the best choice.

3. Why are the sellers moving away?

This question can be personal, so if you receive an answer that suggests itís a family matter, donít press for too many details. However, some sellers and agents will let you know exactly why the house is for sale. From this simple question, you can learn the sellerís timeline for making the sale, details about the schools or neighborhoods, and any other reason that might drive someone to move out of the neighborhood.

4. Are there any problems with the house that you know of?

Although youíll have an inspection contingency in your contract if you do decide to make an offer on the home, itís better to know if there are any issues with the home before going through the bidding process.

Most sellers understand this and will be upfront about any problems with the home, including repairs that need to be made now or will need to be made soon after you move in.

5. What is the average cost of utilities?

Buying a home comes with a lot of added costs and fees. However, many people forget about the changes in the cost of utilities that comes with buying a home--especially if youíre moving from an apartment where some utilities may have been included.

The seller will be able to give you a good estimate on the cost of electricity, garbage removal, internet, heat, and more.




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Posted by Marie Presti on 12/1/2017


71 Woodland Rd, Newton, MA 02466

Rental

$2,800
Price

9
Rooms
4
Beds
1
Baths
Large Philadelphia style unit in a two family in Auburndale. Walk to commuter rail to Boston or Riverside Green Line subway station. Open living room and dining room with built in, updated kitchen with stainless steel appliances and granite counters, laundry room, pantry which could be used as a breakfast area. A total of 4 bedrooms but one offers a fireplace and could be an office or family room. Large partially finished basement with private storage. 2 car parking. Common yard.
Open House
Sunday
December 03 at 11:00 AM to 1:00 PM
For Rent! Check out this nice 4 bedroom 1 bath apartment in a Philadelphia styles 2 family! 2car parking. Great location!
Cannot make the Open Houses?
Location: 71 Woodland Rd, Newton, MA 02466    Get Directions

Similar Properties





Tags: Real estate   Rental   Open House   Newton   02466  
Categories: Open House  


Posted by Marie Presti on 11/26/2017

Houses today are built larger than ever. In spite of all the extra rooms, homeowners still have one common complaint: not enough storage space.

When house hunting, buyers often name storage space as one of their key concerns. As nest-makers, we often find it difficult to part ways with toys for our kids, exercise machines that are collecting dust, or old appliances that ďstill workĒ but no longer worked for us. That leaves homeowners with two options: rent a storage facility or make room.

Taking on an extra monthly bill just to store things that you arenít using isnít an idea that sits well with most homeowners who are already inundated with monthly expenses. But how can you create more space in your home than you already have? The answer lies somewhere up near the ceiling.

In this article, weíll talk about the vertical space in your home and how to take advantage of it without making things appear cluttered.

When and when not to use vertical space

Before we give you vertical storage tips, first letís talk about where you donít want to stack the boxes high.

Rooms where you have guest and the places in your home where you spend the most time arenít the ideal place for vertical storage. The living room, bathrooms, and bedrooms are all places where you need room to breathe. We often recommend light colors, open windows, and mirrors to improve the usage of space in these rooms. However, there are other places in your home that arenít frequented as often.

ďWhere am I going to put this thing?Ē

Thatís a questions many of us ask ourselves when we make a new purchase. Letís start outside the house and work out way in, hitting all of the best areas to store things.

The garage or shed

If you have a shed or garage, odds are thereís a lot of space up toward the ceiling you arenít using. A good way to take advantage of this is to use shelving and hooks for your tools.

If youíre a cyclist but canít figure out where to store your bikes during the winter, consider buying hooks so that you can store them up out of the way of the more useful winter items like shovels and snow blowers.

Kitchen storage

Kitchen cabinets can get cluttered easily. Inside your cabinets, try using stacking shelves to make it easier to stack high things like plates and bowls. For frequently used utensils, pots, and pans, and knives, consider installing a hook board on the wall above your counter. This will open up room in your cabinets and make your frequently used kitchen tools more accessible.

Bathroom storage

The bathroom closet can be a scary place. It is often home to countless cleaning objects, dirty laundry, towels, and more.

One great way to open up a lot of space in the bathroom closet is to hang laundry baskets on the interior of the closet door, or to hang mops, sweepers, and vacuums on the interior of the door for easy access.

Now that you know the benefits of vertical storage, think about how you can use it in your home to save space.




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