111 Farrwood Drive, Haverhill MA 01835 MLS# 72110526

111 Farrwood Drive, Haverhill MA 01835 MLS# 72110526

111 Farrwood Drive, Haverhill MA 01835 MLS# 72110526 property is back on the market as of January 13th 2017 Price-  $214,900 Living Area-  1605 sqft Baths-  1.5 Bedrooms-  2 Rooms-  7 Condo Fee-  $191.72  LOW!! Location of 111 Farrwood Drive 111 Farrwood Drive is a Haverhill MA Condominium for sale that provides an exceptional location.  Located off Route 125/ Boston Road on the south side of Haverhill in Bradford.  On the … Continue reading...

Escrow Monies- What Happens To Your Deposit in a Real Estate Transaction?

Escrow-Web

Deposit Money is a good faith deposit, or earnest money deposit that is tendered on the purchase of real estate which is then kept in an escrow account.  You will sometimes hear your deposit called escrow monies as well. The term escrow monies are used because most likely your deposit money will be kept in an escrow account. Massachusetts is a two contract state, typically a contract to purchase is signed (often called the offer) with a good faith deposit of typically $500 to a … Continue reading...

Understanding Real Estate Contingencies- What Are They And When to Use One

what is a real estate contingency

If you buy or sell a home you may hear talk about what real estate contingencies are in a contract.  Understanding what real estate contingencies are and what bearing it may have on you is important. What is a Real Estate Contingency? A real estate contingency is a clause in a real estate contract where certain criteria need to be met by a certain date.  If the party cannot perform by that date, they have the option to nullify the contract with no recourse.  It is basically an … Continue reading...

December 2016 Tewksbury MA Real Estate Update

Staging Your Kitchen with a moderate Rehab

Overview of December 2016 Tewksbury MA Real Estate Update While December 2016 to December 2015 shows a slight drop in median house the year has showed considerable appreciation in home prices.  Inventory still remains drastically low especially with condominiums.  Combined with low days to offer we have to call this a moderate sellers market in Tewksbury. December 2016 Statistics for Tewksbury Single Family Homes 25 Tewksbury Single Family Homes sold for a Median Price of $380,000 … Continue reading...

The Ultimate Guide to Understanding Your Credit Score

the-ultimate-guide

Credit scores play a large role anytime you buy something over time, like a home or automobile.  Not only does your credit score play a role in qualifying for a home mortgage it is also effects your interest rate.  The lower your credit score the higher your interest rate and vice versa.   I will cover some credit score basics in this article which will help in you in understanding your credit score. I will discuss your score as it relates to getting a home mortgage.  … Continue reading...

Getting Your First Mortgage When Buying Your First Home

timeline of the mortgage process- getting your first mortgage

  Home ownership is exciting.  You have decided it is the right time to buy your first home.  Now is the time to go about getting your first mortgage.  The first thing you should do before even looking at houses is take a look at the money involved.  It is time to sit down with a mortgage officer and review your finances and discuss your options. The mortgage process is one of the more complicated and frustrating pieces when buying a home.  It is important to … Continue reading...

The Power of the Pre-Approval Letter

The Power of a Mortgage Pre-approval letter

Get Your Pre-approval Letter First! You have been looking at homes for months, now you have found the perfect home.  It is time to put in an offer on the home you like, your agent tells you that you need to submit a mortgage pre-approval letter with your offer for it to be considered. You put the kids to bed and you sit at the computer and you get a pre-qualification letter that you print off the compute,  or dig out an old pre-qual letter. Yes, it may satisfy the home seller, but you … Continue reading...

Where Is The Property Line of My Home?

a certified land survey is the only way to find where the property lines are on a home.

A question that is often asked from home buyers are "where is the property line" of a particular home.    For many buyers and sellers it is important to find the property lines or boundaries of a property.  Of course this is a very valid question. Nothing beats owning your own parcel of land.  And, nothing is more important than those invisible lines separating you from your neighbor.  There are legal and financial concerns around ones property lines.  On a … Continue reading...

Tewksbury Auto Repair- A Great Customer Experience.

Tewksbury Auto Repair

I generally don't have automotive needs much beyond basic service.  Recently I banged up the underside of my car and had to have one of the underneath shields replaced on my car.  I thought I would share my 5 star experience as I thought it was exceptional. I did not want to go thru the dealership because of the wait time and usual high cost. My Experience at Tewksbury Auto Repair I was near my house in Southern New Hampshire and did not know where to go.  One of my … Continue reading...

Overpricing Your Home- and The Disastrous Effects It Can Have

overpricing your home

When selling your home pricing it properly is 80% of marketing the home.  Overpricing your home has consequences. No amount of advertising, open houses or money will sell an overpriced home. Take a Hyundai Elantra and park it next to a Mercedes SL500.  On thesurface they both have a steering wheel, 4 tires a windshield and they are roughly the same size, yet there are two very different price tags.  You will never get a car buyer to pay the $110,000 price tag the Mercedes has … Continue reading...