Diane Stone - CENTURY 21 Commonwealth



Posted by Diane Stone on 11/19/2017

Many people think of their first home as a “starter home.” This refers to a home that is fairly small and typically is for young people who are just starting out in a new phase of life. These types of homes are generally not thought of as “forever homes.” Many times, as families expand, they will move on from their starter homes to bigger and better homes. This includes living in desirable neighborhoods and adding extra comforts that the first home may not have had. Other times, people expand on their starter home in order to make more room for children and the needs of a growing family. These homes truly are jumping off points. Studies show that the idea of starter homes is disappearing. It could be that the requirements of first-time homebuyers are changing and therefore the types of homes that are being sought after are few and far between. The expectations of buyers have increased greatly. Buyers would like adequate space and hope that their first home is not only in a great location, but ready for them to move in without much work as well. Really, buyers are looking for everything anyone would want in their forever home in their starter homes. So, is it a smart idea to search for a starter home, only to move a few years later? The answer is multi-faceted. Starter homes are typically the homes that you can afford at the present time in your life. If you decide that you can save up longer and go for the house you really want, that may be a smarter financial decision for you. There’s always an option to wait for more homes to go on the market while you rent a place. If you do decide to go for a starter home, here’s some tips for you: Don’t Try To Get Everything You Want For A Low Price Buyers tend to have wish lists of the things they desire in a house. While that’s a great idea, don’t expect to get everything you want in your starter home. Manage your expectations along with the cost of the home. See Where You Can Expand Many homes have great potential, but buyers have what they see set in their minds and fail to see what can be done in the future. Look at homes with open eyes and picture the possibilities. Know There Will Be Work Involved Purchasing a starter home means that you’ll usually need to participate in home improvement projects. Don’t go for a home that needs major work done if you’re not up for the challenge. Typically, you’ll need to be able to get your hands dirty by doing things like changing out wallpaper, painting walls, or sanding cabinets. These are the little projects that make your house your own.





Posted by Diane Stone on 10/13/2017

This Single-Family in Natick, MA recently sold for $600,000. This Ranch style home was sold by Diane Stone - CENTURY 21 Commonwealth.


39 Lakeview Ave, Natick, MA 01760

Single-Family

$559,900
Price
$600,000
Sale 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 Monday 8/21 at 5:00pm

Similar Properties





Categories: Sold Homes  


Posted by Diane Stone on 9/17/2017

Do you dream about owning your own house? Has the idea of living in a property that adds to your personal equity started to appeal to you? If so, you're in good company. Each year, millions of Americans buy a house. Many of these homes are purchased with a home loan.

How you could get the right home loan

To protect themselves against loan defaults, lenders prefer to work with borrowers who have a history of being financially responsible. Doing so helps more than lenders.It can keep an entire economy from contracting, similar to the debacle that happened to cause the Great Recession.

Knowing what lenders look for in borrowers can help you to secure a home loan. To begin,your credit history is going to get reviewed while you're trying to secure a home loan. The amount of debt that you have and your history of making minimum or higher payments on these debts is going to be reviewed.

Your income, including income from second jobs that you work, and your spouse's income will also get looked into. Landing a higher paying job helps when it comes to securing a home loan. But, don't just increase your income.

Take advantage of military home loans if you served the country as a service member.If you work for a bank, you could get lower interest rates. Check with your employer to see how much you could save. If you don't work for a bank, consider securing a home loan through your current bank.

Opt for lower monthly mortgage payments

It could improve your chances of getting approved for a mortgage. It could also help you to save on interest payments. In addition to choosing a mortgage that has a lower interest rate, to secure a home loan:

Go after home loans that require lower monthly mortgage payments. Lower interest rates and military home loans are just two ways to achieve this. Applying for a home loan when the economy is recovering is another path to lower monthly mortgage payments. After feds start raising interest rates and the economy becomes stronger, mortgages generally rise.

Pay off as much debt as possible before you apply for a home loan. For example, you could pay off your auto loans and furniture. You can also pay off personal loans that you took out before you apply for a  mortgage.

Increase your liquidity. You can do this by investing more in stocks, cash savings and bonds. The value of your current home can also improve your liquidity. The value of a business that you own is another way to improve liquidity.

Get financial statements together to present to a lender. Items to get include income tax returns, pay stubs, investment account statements and business income, if you own a business. This includes an at home business. Also, get exiting loans and other debts together to present to lenders. The amount and type of debt may be sufficient, depending on the lender that you work with.




Tags: Real Estate   home loan  
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

Similar Properties





Categories: Open House