Diane Stone - CENTURY 21 Commonwealth



Posted by Diane Stone on 8/20/2017

In a high competition market, you may be tempted to do whatever you can to entice the seller to accept your offer. Buyers write offer letters, provide large down payments, or waive the inspection. Sometimes, this strategy includes removing contingencies from your contract. 


Beware. Removing contingencies can easily become a nightmare for you as a buyer. Certain contingencies should be kept no matter how much you think you should waive them for enticement. 


The Home Inspection Contingency


This contingency is basically universally recommended by realtors everywhere. This contingency allows you to get a licensed home inspector who will check the property. The inspection typically should be done about 7 days from the time you sign the purchase agreement for the home. 


Following the inspection, you as the buyer can request that the seller make certain repairs. The seller can either make the repairs or provide a counter offer. If youíre not satisfied or cannot reach an agreement, you can back out of the deal and still get your money back. 


Without this contingency, youíll never know whatís wrong with the home until you move in it. Itís a huge risk to take to move into a home without understanding all of its moving parts. Is the roof stable? Has the basement flooded? Will the appliances last? There are plenty of questions that you might have about a home that can be answered simply through an inspection. 


Financing Contingency


This is an important contingency. Your offer on the property will depend on being able to get the financing you need to purchase the home. With this protection in place, in the event that you canít get a loan, youíll get your deposit on the home back. Be sure that the clause specifies the number of days that would be recommended by your lender to have the mortgage approved.   


Appraisal Contingency


This could be the most important contingency of all. This protection could possibly save you thousands of dollars of a headache. Once an offer is accepted on a home, youíre far from done. The lender will typically order an appraisal. If the appraisal comes in lower than the offer you made on the home and agreed to pay, you may have some problems. 


The lender will only lend you what the house is worth. If the appraisal comes in lower, youíll need to make up for tens of thousands of dollars out of pocket. Make sure you have an appraisal contingency included in your contracts!  


As you buy a home, remember how important contingencies can be in the process.            




Categories: Uncategorized  


Posted by Diane Stone on 8/18/2017

Welcome to this beautiful, 3 bedroom, ranch style home with great water views of Dug Pond. Enjoy swimming, kayaking, ice skating and fishing year round just across the street from your front door. Public beach access less than 1 mile. This newly renovated home includes central air, gleaming hardwood floors, new lighting, polished nickel hardware and fresh paint throughout. Sun-filled kitchen with new granite counters, glass tiled backsplash and new stove, refrigerator and microwave. Slider leads to deck and a large fenced-in yard, perfect for entertaining. Beautiful living room with fireplace, recessed lighting, and a picture window with pond views. 3 bedrooms including Master with ensuite bath and 1 additional full bath on main floor. Generously sized finished basement offers flexible living space including bonus room, full bath and large family room, all with new laminate flooring. Offers due Mon. 8/22 5:00pm

More Info on this Property | New Listing Alerts




Categories: Uncategorized  


Posted by Diane Stone on 8/17/2017


39 Lakeview Ave, Natick, MA 01760

Single-Family

$559,900
Price

7
Rooms
3
Beds
3
Baths
Welcome to this beautiful, 3 bedroom, ranch style home with great water views of Dug Pond. Enjoy swimming, kayaking, ice skating and fishing year round just across the street from your front door. Public beach access less than 1 mile. This newly renovated home includes central air, gleaming hardwood floors, new lighting, polished nickel hardware and fresh paint throughout. Sun-filled kitchen with new granite counters, glass tiled backsplash and new stove, refrigerator and microwave. Slider leads to deck and a large fenced-in yard, perfect for entertaining. Beautiful living room with fireplace, recessed lighting, and a picture window with pond views. 3 bedrooms including Master with ensuite bath and 1 additional full bath on main floor. Generously sized finished basement offers flexible living space including bonus room, full bath and large family room, all with new laminate flooring. Offers due Mon. 8/22 5:00pm
Open House
Saturday
August 19 at 12:00 PM to 2:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 39 Lakeview Ave, Natick, MA 01760    Get Directions

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Categories: Open House  


Posted by Diane Stone on 8/17/2017


39 Lakeview Ave, Natick, MA 01760

Single-Family

$559,900
Price

7
Rooms
3
Beds
3
Baths
Welcome to this beautiful, 3 bedroom, ranch style home with great water views of Dug Pond. Enjoy swimming, kayaking, ice skating and fishing year round just across the street from your front door. Public beach access less than 1 mile. This newly renovated home includes central air, gleaming hardwood floors, new lighting, polished nickel hardware and fresh paint throughout. Sun-filled kitchen with new granite counters, glass tiled backsplash and new stove, refrigerator and microwave. Slider leads to deck and a large fenced-in yard, perfect for entertaining. Beautiful living room with fireplace, recessed lighting, and a picture window with pond views. 3 bedrooms including Master with ensuite bath and 1 additional full bath on main floor. Generously sized finished basement offers flexible living space including bonus room, full bath and large family room, all with new laminate flooring. Offers due Mon. 8/22 5:00pm
Open House
Saturday
August 19 at 12:00 PM to 2:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 39 Lakeview Ave, Natick, MA 01760    Get Directions

Similar Properties





Categories: Open House  


Posted by Diane Stone on 8/17/2017


39 Lakeview Ave, Natick, MA 01760

Single-Family

$559,900
Price

7
Rooms
3
Beds
3
Baths
Welcome to this beautiful, 3 bedroom, ranch style home with great water views of Dug Pond. Enjoy swimming, kayaking, ice skating and fishing year round just across the street from your front door. Public beach access less than 1 mile. This newly renovated home includes central air, gleaming hardwood floors, new lighting, polished nickel hardware and fresh paint throughout. Sun-filled kitchen with new granite counters, glass tiled backsplash and new stove, refrigerator and microwave. Slider leads to deck and a large fenced-in yard, perfect for entertaining. Beautiful living room with fireplace, recessed lighting, and a picture window with pond views. 3 bedrooms including Master with ensuite bath and 1 additional full bath on main floor. Generously sized finished basement offers flexible living space including bonus room, full bath and large family room, all with new laminate flooring. Offers due Mon. 8/22 5:00pm
Open House
No scheduled Open Houses

Similar Properties





Categories: New Homes