Monday, July 21, 2014

Using Your Veterans Benefit To Buy A Home

Using Your Veterans Benefit To Buy A Home
 
Using Your Veterans Benefit to Buy A Home.   Probably one of the most talked about GI benefits is the VA Home Loan.   You've  heard about it, but have you thought of it using it?   
 
What is the benefit?            How can it help you?              What's the process?  
 
If you have been following my blog for awhile, it is pretty clear that Veterans are near and dear to my heart.   Al and I are proud members of families with strong ties to the US Military.    Being a veteran myself, I take great pride in helping others obtain their housing needs.   Using the VA home loan is one of those benefits that can help many.    US Veteran
 
Experience tells me that in our area, this is an under used tool by many real estate agents and loan officers.    Why?   Because like anything with the government, there are a few internal twists.  But fear not!   If you hire an experienced agent and have the right loan officer, you don't have to even think of these.       
 
What's the Benefit?  For purposes of today's blog, we're talking about the VA home loan.   The loan is available through private lenders to Service members, Veterans, and qualifying surviving spouses.   In a nutshell the VA stands behind the loan, guaranteeing a portion of it, eliminating the need for a 20% down payment or in lieu of that, costly private mortgage insurance.    It can be used to buy, build, or refi a primary  residence. 
(There are other housing related programs that will help assist in repairing, retaining, or adapting a personal home.   Stay tuned for future blog.)

How Can It Help You?
  • Limited or Zero Down payment
  • No Mortgage Insurance (there is a one time funding fee)
  • Re-Usable & Assumable

What's the Process?   The first question to ask is, do you qualify?   In other words are you you a Service member, Veterans, and qualifying surviving spouse?   If the answer is yes:
  • Hire a Realtor experienced  working with and negotiating VA transactions.
  • Get financially pre-qualified by a lender that does VA backed loans.   (Not all banks do.)
  • You will need a COE (Certificate of Eligibility)   The lender can help you with this.
  • Find Your Home
  • Negotiate the terms of your transaction
  • Apply for your loan
  • Closing
 
In my 26 year real estate career, I am proud to say that have helped many veterans find and sell homes.    Some take advantage of their benefits.   All should at least look into them.     
 
I have experience in negotiating home sales including new construction using the VA home loan.  
 
If you are a vet looking for a home give me a call!   
 
I promise to go the extra mile for you!
 
http://www.alandcal.com 

Sunday, July 13, 2014

Being Single and Buying or Selling A Home

Being Single and Buying or Selling A Home

There is no question about it.   Buying or Selling a home in any circumstance is emotionally charged.   There are ways to help manage the "single" stress. 

Over the years, I have come to realize that buying or selling a home is much different for single folks than it is for couples.    In fact, I can speak from experience!    Not just from being a Realtor, but from having been a single person in the real estate arena.

http://www.publicdomainpictures.net/view-image.php?image=66377&picture=single-figure-on-the-beach
Without another person who's financial hat is also in the ring, a real estate transaction can be a lonely, exaggerated, and overwhelming process.  

Buyer's/Seller's Remorse.    Everyone experiences this joy of an emotion, BUT, it typically hits at different times in the process.  For example, one might experience after an offer is accepted, while another experiences it just prior to the closing.

The good news is this emotion doesn't last for long.  The big difference here is obvious.    In a partnership transaction, there is someone to lean on while waiting for this lovely emotion to pass.  

Making the Decision.   There are lots and lots of BIG & little decisions to make when buying or selling a home.   From choosing where to live or marketing strategy,    It's always easier to have someone to bounce things off of.   But, here is the big thing.   It is easier to make a decision,and more comforting too, when that decision is being made by more than one who's feet are in the water.  

Doing the Legwork.   Sharing the work load is always easier, especially if you have a full time life!    There are a lot of moving pieces in a transaction.    Facing the laundry list of the large and small can be daunting.   Couples can share in this but the single buyer/seller is has the disadvantage of fitting it all on his/her plate.  

Strengths and Weaknesses.   Yin and Yang, what ever you want to call it.   I can handle this, you can handle that.   What seems to you a big deal may not be to your partner and the other way around.  

So, what can you do to make it easier if you are single?   

  • Hire a competent, understanding Realtor.  One that communicates well and has the experience to project ahead and has resources for you.
  • Make a list of what's important and what isn't.   
  • Pick a person to lean on for decisions.   One.  Not many.   Too many opinions and well meaning intentions will become overwhelming. 
  • Know the steps of the transaction.    Knowing in advance,will help with the pieces of the puzzle as they present them self.      
  •  Hire professionals to help manage the work load.   Attorneys, Movers, etc.  Don't expect to do this all on your own!
  • Anticipate Buyers or Sellers Remorse.   Second guessing ourselves is human nature.  Know that this emotion happens to everyone and it will go away.   
  • Ask for Help.      You might need help getting that paperwork from here to there or letting the movers into the house.   It's probably the hardest thing for any of us to do, but you have to ask. 
 
 ______________________________

Looking to Buy, Sell, Rent or Invest?   

Put my 26 years of experience to work for you!   

 Call or contact me by phone 508-494-9061 or email to cal@alandcal.com


Sunday, May 25, 2014

Homes with InGround Pools Bellingham MA May 2014

Homes with In Ground Pools Bellingham MA May 2014

Are you looking for a home with an in ground pool in Bellingham MA?  

 There are 6 available today ranging in price from $269,000 to $529,900.   

                                      info provided by Carol-Ann Palmieri

Own one of these homes and "staycation" right at your own address!
My experience tells me that many a buyer is looking for a home with an existing in ground pool.   And, why not?    It is quite possibly makes more sense to purchase a home with a pool already in place then to go through the installation process and the coordinating landscaping effort that goes along with putting one in from scratch.  

So where in Bellingham are these properties?   Click on the links for more photos and info.

$269,000  -   124 Ann Marie Drive   This is a 1400 s.f. ranch on 10000 sq feet of land.   A terrific opportunity for pool side living at an affordable price.  


$449,900  -   295 Prospect Street   (GPS coordinates, use Franklin)   This is a 3000 sq foot colonial with an attached family room.   Lovingly maintained, this 3 Bedrooms, 2.5 baths, located on 1.99 acres in a  country road setting.


$469,000  -  87 Pickering Avenue    This is a 2700 s.f. rare Tudor style home consists of 4 bedrooms and 2.5 baths.   It is located on 1.26 acres on a cul de sac in the south side of Bellingham.  


$479,000  -  9 Partridge Trail    This home is located in a very nice subdivision on 1.09 acres of land.  Nicely appointed with 4 bedrooms, 2.5 baths.   The pool area is beautiful.   If you are looking for a classic, well cared for home, inside and out, you will find it here.


$484,900  -  8 Pheasant Hill     Right around the corner from the previous listing, this bright, open contemporary Colonial offers sun filled open space.   2 fireplaces, soaring ceilings, wood floors and central air are just some of the amenities.    Gorgeous gunite pool with a waterfall and cabana area will delight!


$529,000  -  106 Mendon Street   This custom 4000 plus square foot ranch is also zoned for business and sits on 2 acres of land.   It offers 5 fireplaces, 3.5 baths and a heated gunite pool. 


Search for more Bellingham listings right here.







Looking to Buy, Sell, Rent or Invest?   
 Put my 26 years of experience to work for you!

Carol-Ann Palmieri.     508-494-9061     Cal@alandcal.com

Saturday, May 10, 2014

Thoughts for Mothers Day 2014

Thoughts for Mothers Day 2014

I am sitting here thinking how very fortunate I am to have my Mother here.  

My Mother.  One who supports her family, extended family, and friends and loves unconditionally.    I know this because she proves time and time again, that in no uncertain terms she will back us vehemently, with conviction and strength, despite her personal feelings.

I am feeling more fortunate than ever,  because just in this past year,  7 of my friends have lost their Mothers.    Thinking of them this morning makes me feel very sad because I know how every one meant the world to their families.  They were loved and loved in return.    Those ladies were all beautiful.      Each of them touched the world in a very special, unique, and precious way.    They are missed.

My friends, you know who you are.   You are in my thoughts and prayers this day as I celebrate my Mom.    I will remember yours too with a prayer and a smile.

To my Mom, Happy Mothers Day.    

 Don't know who I would be, where I would be, or how I would be without you. 





  

Thursday, April 3, 2014

Should You Visit An Open House or Set Up a Private Showing?

Should You Visit an Open House or Set Up a Private Showing?                              
Are you planning on attending an open house this weekend?   Or Should you set up a personal tour?  

That should really depend on where you are in the home buying process.
Open House pros and cons

Search for MA Open Homes Here

The signs go up, the balloons go out.                On any given Saturday or Sunday in the Franklin MA area, there is no lack of open houses to visit.

Open houses.  I've been hosting one almost every week for the past 26 years.   Over those years, traffic counts have varied depending on the market, price point, condition, and location of the home.   Having said that, the activity level on the past few opens that I have held is incredible.

What's driving all this traffic?
  • Much of it can be attributed to lack of inventory.  This makes it crucial to view a home as soon as possible. 
  • Exposure is better too.   No longer relying on print media,  Buyers are alerted to open homes via automated email and they are promoted  over the internet.   
  • Agents send their buyers to preview open homes because there is more flexibility with timing.     
  • Many listing agents use the open house as a kick of to their marketing campaign.   
With buyers flocking to open houses, the question then becomes is it better to visit an open house or set up a personal appointment with your Realtor? The answer to that should depend on how serious a buyer you are.  

If you are just starting your home search, visiting an open house can be a good, hands on approach of gaining market knowledge.   It is also a good way of "interviewing" a potential agent to represent you.  

(I shouldn't leave out that it can be a good way for a "potential" seller to informally interview an agent as well.)

But, If you are well into your home search and have identified your wants and needs in terms of price, size, style and location, then setting up a personal tour may be much more effective for you.    I feel this way because at many of the recent open homes that I have hosted (and visited), the traffic is so brisk that one can not really take a good look at the home.   With many people filling up a room(s), it an be hard to linger and really take in the details.   You might also feel pressured, and possibly undermine your negotiating position by tipping your hand to the hosting agent or to other attendees.   

Seeing the home without all that stimulation and traffic gives you the time to really look it over and get to know the home without others looking over your shoulder.   

Want to set up a personal tour?     Hire the right Realtor.    Al and I are certified buyers agents.   Call us.      Tips to eliminate stress when Buying a Home


If you want to really know what's happening in your market area, consult your
 
        Call me if you have any questions about the market. 
508-494-9061

      Put my 26 years of experience to work for you!    
Al and Cal Realty Group Remax Executive Realty

Sunday, March 30, 2014

40 Ash Street Northbridge MA for Sale

40 Ash Street Northbridge MA for Sale

$265,000

As a Realtor, there is nothing better than having the opportunity to offer a home for sale that she knows will delight new buyers.   This is one of those homes. 

Northbridge MA home for sal

This sun filled, charming Dutch style Colonial home was totally renovated in 2009.    It combines features that people want and need for today's lifestyles along with a nostalgic ambiance of yesteryear.          Search for homes here

Expect to fall in love with the high ceilings, moldings, and sweet touches like the expansive window seat that provides seating and storage options. 

1600 plus square feet includes 3 bedrooms, 1.5 baths, formal dining area, eat in kitchen and first floor laundry.   There is new plumbing, electrical, roof, central air and heating systems.  

A low maintenance home, with vinyl siding and replacement windows, this home is situated on just about a half acre.  It is serviced by municipal water and sewer.    Part of the yard is fenced in creating a terrific play space.







  Please contact me for additional information.

508-494-9061   or email to Cal@alandcal.com


      Put my 26 years of experience to work for you!    
Al and Cal Realty Group Remax Executive Realty
alandcal.com

Monday, February 24, 2014

Home Prices Franklin MA February 2014

Home Prices Franklin MA  February 2014


Real estate market data for Franklin, MA provided by
  Carol -Ann Palmieri, Remax Executive Realty 

 

Franklin Home Prices


If you are wondering what is happening in the Franklin MA real estate market, a quick glance at the graph below paints the picture.   Homes are moving quickly.   Inventory is low.  It's good news for homeowners with an average 4.4 percent rise in home values since last year.      Predictions are that the trend will continue, but at a lower rate.  

Franklin MA home prices

Single Family Inventory:   

 

If you are interested in seeing exactly what the current inventory looks like in Franklin MA, you can find that by just clicking this link.   Current inventory in Franklin, MA

There are currently 11 properties on the market priced below $300,000.    The average price per square foot is $204.     You can expect about 1260 square feet of living space.  

$300,000 and $500,000.    As of right now, there are 12 homes available in this range.   The average price per square foot is $197.    Expect to find Cape and Colonial style homes and new construction is even an option.

There are 9 listings priced between $500,000 and $750,000.  Average price per square foot is $195.  Expect to find resale and new construction in this range.   

There are 8 listings over $750,000.   The average price per square foot is $240.   Expect new construction and custom resale homes.  


Franklin Real Estate Report Summary:


With 32 homes pending or contingent and a limited amount of inventory, I would consider Franklin a hot market leaning towards a sellers favor.   Buyers looking to purchase here can find a nice balance of resale homes and new construction.   There are just two lender involved properties on the market.  Competitively priced homes do not stay on the market long.   I expect that as the weather improves, the housing market will follow suit.       (This reporting is relative to the single family home market, but condo and multi family homes in this community are hot as well.)        
 
Buyers continue to find  Franklin very desirable.   Why not?   With a recent news report suggesting that Franklin is the nation's safest city, who wouldn't consider the community to be their families home base?   


If you are considering buying a home in Franklin, MA, don't sit on the sidelines for too long.  Start actively looking now.   The "spring market" has already commenced and is just going to get more competitive.      

If you are a seller, pricing your home in line with comparable home sales will bring you an offer close to asking in a short amount of time.   

Find Homes for Sale in Franklin, MA:

Visit my website to search for homes in Franklin MA or to be notified when Franklin homes come on the market.

To find out what your home is worth in the current market email me cal@alandcal.com or call  508-494-9061.

alandcal.com
A great local real estate agent is your best offense in negotiating the market. 

Regardless of what side of the fence you find yourself on, you need an agent  knows the market and the neighborhoods inside and out.    

 
508-494-9061
      Put my 26 years of experience to work for you!    
Al and Cal Realty Group Remax Executive Realty