Joe Kulle and Katie Riley - Heritage Homes Real Estate



Posted by Joe Kulle and Katie Riley on 3/25/2018

With school loans at an all-time high, and growing for each passing generation, many homeowners are ready to shoulder off any and all debt as quickly as possible. If youíre in this camp and looking to aggressively pay down debt there are a few options available when it comes to paying your mortgage off.

Seller concessions.

Also known as seller contributions, are where the seller agrees to pay a portion of the closing fees for the buyer. This can include title insurance, inspection fees, and processing fees. If the seller is looking to sell the house quickly they may consider agreeing to seller concessions.

Government options for loans.

Energy-efficient Mortgage (EEM) was created to help homeowners renovate to add environmentally friendly features to their home. So if youíre looking to install double-pane windows or update insulation this could be the loan for you.

Federal Housing Administration (FHA) loans offer lower closing costs, smaller down payments, and a fair interest rate.

U.S. Department of Agriculture (USDA) loans can be applied to homes in rural areas, regardless of if they are a part of a farm. You may qualify to apply for zero down payment and loan payments will be at a fixed rate.     

There are also many local programs offered at the state and city level. A quick Google search for loan options for your area should set you in the right direction!

Plan to Refinance

Down the road, you can refinance for a fifteen year home loan instead of thirty. Youíll pay off your loan in roughly half the time and save money on payments towards interest.

Throw It Everything Youíve Got

Youíll want to check with your lending company first as some have penalties for payments outside of the loan terms. However, if possible, making an extra payment either regularly or time to time will help cut down the overall time it takes to pay off your loan.

For example, you can make one extra mortgage payment each year or tighten up your day to day budget and apply what your savings towards your loan. Many homeowners get creative and take on side gigs to create the extra cash necessary to make additional payments.

If you donít have that room to flex you can also always apply any bonuses, tax refunds or windfalls that come your way. This also makes a bigger impact when paired with regularly scheduled extra payments.

Aggressive debt payoff strategies arenít for everyone. And thatís okay! However, if youíre looking to live a debt free life and enjoy your home knowing itís been paid in total these tactics are for you. With some strategy and creativity, you can find plenty of ways to make the process go quickly and smoothly.





Posted by Joe Kulle and Katie Riley on 3/24/2018

This wonderful Ranch located at Oak Point in Middleboro a desirable 55+ community, offers 3 Bedrooms, 2 Full Baths an attached garage with storage above and a large enclosed 3 Season Porch and an awning for the patio, cathedral ceilings, skylight in the main bath, gas cooking, central A/C and so much more. Come and live in a resort like community with a On-site social director that plans about 70 activities a month. Tennis, bocce ball and shuffle board, full gymnasium for basketball, volleyball, pickle ball, and fitness classes. Fitness room with treadmills, weight-lifting equipment, stationery bikes, etc. 3 Heated swimming pools, (1 indoor). Spa, locker rooms with showers, ball room that seats 500. Billiards room, craft room, library, lounge, TV room, and more. Lawn maintenance, bark-mulching, shrub trimming, snow removal, sewerage, and trash pick-up are all included in monthly fee park fee. Welcome To Oak Point.

More Info on this Property | New Listing Alerts





Posted by Joe Kulle and Katie Riley on 3/23/2018


6402 Oak Point Drive, Middleboro, MA 02346

Single-Family

$239,900
Price

5
Rooms
3
Beds
2
Baths
This wonderful Ranch located at Oak Point in Middleboro a desirable 55+ community, offers 3 Bedrooms, 2 Full Baths an attached garage with storage above and a large enclosed 3 Season Porch and an awning for the patio, cathedral ceilings, skylight in the main bath, gas cooking, central A/C and so much more. Come and live in a resort like community with a On-site social director that plans about 70 activities a month. Tennis, bocce ball and shuffle board, full gymnasium for basketball, volleyball, pickle ball, and fitness classes. Fitness room with treadmills, weight-lifting equipment, stationery bikes, etc. 3 Heated swimming pools, (1 indoor). Spa, locker rooms with showers, ball room that seats 500. Billiards room, craft room, library, lounge, TV room, and more. Lawn maintenance, bark-mulching, shrub trimming, snow removal, sewerage, and trash pick-up are all included in monthly fee park fee. Welcome To Oak Point.
Open House
No scheduled Open Houses

Similar Properties





Categories: Price Change  


Posted by Joe Kulle and Katie Riley on 3/23/2018


6402 Oak Point Drive, Middleboro, MA 02346

Single-Family

$239,900
Price

5
Rooms
3
Beds
2
Baths
This wonderful Ranch located at Oak Point in Middleboro a desirable 55+ community, offers 3 Bedrooms, 2 Full Baths an attached garage with storage above and a large enclosed 3 Season Porch and an awning for the patio, cathedral ceilings, skylight in the main bath, gas cooking, central A/C and so much more. Come and live in a resort like community with a On-site social director that plans about 70 activities a month. Tennis, bocce ball and shuffle board, full gymnasium for basketball, volleyball, pickle ball, and fitness classes. Fitness room with treadmills, weight-lifting equipment, stationery bikes, etc. 3 Heated swimming pools, (1 indoor). Spa, locker rooms with showers, ball room that seats 500. Billiards room, craft room, library, lounge, TV room, and more. Lawn maintenance, bark-mulching, shrub trimming, snow removal, sewerage, and trash pick-up are all included in monthly fee park fee. Welcome To Oak Point.
Open House
No scheduled Open Houses

Similar Properties





Categories: New Homes  


Posted by Joe Kulle and Katie Riley on 3/18/2018

If you buy or sell a home, it is normal to expect negotiations after an initial offer is submitted. However, differentiating between a "fair" counter proposal and an exorbitant offer sometimes can be difficult.

Lucky for you, we're here to help homebuyers and home sellers submit a successful counter offer at any time.

Now, let's take a look at three best practices to help you create a successful counter proposal.

1. Consider Your Counterpart's Perspective

If you are buying a home, consider the seller's perspective. Or, if you're selling a house, evaluate the buyer's perspective. In both scenarios, you can gain insights into what your counterpart might be thinking and tailor your counter offer accordingly.

For example, if a house has been available for several weeks or months, a homebuyer should consider this information as he or she preps a counter proposal. By doing so, a homebuyer can weigh the pros and cons of waiting out a buyer's market and craft an effective counter offer.

On the other hand, if a home seller has several offers in hand, this seller may want to consider submitting a counter offer that matches or exceeds a house's initial asking price. With a seller's market in place, a home seller should have no trouble stirring up plenty of interest in a home, even if a buyer rejects a counter proposal.

2. Evaluate the Housing Market

Take a look at the prices of available houses in your city or town. This housing market data can help you differentiate between a buyer's and seller's market Ė something that may prove to be exceedingly valuable as you put together a counter offer.

Also, examine the prices of recently sold houses that are similar to the home that you want to buy or sell. By leveraging this housing market data, you can evaluate the prices of similar properties and boost your chances of submitting a competitive counter proposal.

3. Consult with a Real Estate Agent

If you're struggling to create a fair counter offer, it certainly helps to consult with a real estate agent.

Ultimately, a real estate agent is committed to helping homebuyers and home sellers achieve their respective goals. This housing market professional can provide a wealth of housing market data to help a homebuyer or home seller craft a viable offer. Furthermore, a real estate agent is happy to provide honest, unbiased home offer recommendations, ensuring both buyers and sellers can make informed decisions.

Let's not forget about the support that a real estate agent provides throughout the homebuying and home selling journey, either. A real estate agent will be ready to respond to a buyer's or seller's questions without delay. Plus, this housing market professional will go above and beyond the call of duty to ensure all parties involved in a home sale enjoy a seamless experience.

Ready to negotiate a counter offer? Use the aforementioned best practices, and you can quickly and effortlessly create a successful counter proposal.




Tags: Offer to Purchase   offer  
Categories: Uncategorized