Joe Kulle and Katie Riley - Heritage Homes Real Estate



Posted by Joe Kulle and Katie Riley on 9/22/2019

Getting a new mortgage can be stressful, whether you are getting it for the first time or not. You have to carry out thorough research to avoid going into a mortgage that drains your pocket through high-interest rates. You can get yourself prepared for the lowest interest rate that is suitable for you by taking good care of your credit history. Do you realize that a difference of 1 percent in the interest rate can save a tremendous amount of money on a mortgage running for 30 years?Consider the following when searching for competitive rates:

Introductory rates:

You should consider loans with discounted initial rates. Be on the lookout for fees and be ready to switch in case the rate goes higher than your budget or plan.

Alternative lenders:

When looking for a low-interest mortgage rate, you should check if a smaller non-banker lender is providing a low-interest mortgage. When you find options, check properly to be sure that there are no additional charges. You must know the final amount before committing.

Variable versus fixed rates:

The difference between a variable and fixed rate is that variable loans usually advertise more flexibility and lower interest rates when compared with the fixed rate. However, the truth is that you can get a fixed-rate mortgage without any possibility of rising rates. Variable rates may tell you the percentage is likely to go down, but it can go up also! 

Negotiating a discount: 

After you have selected a mortgage company, inquire about their unadvertised discounts that can save you money.

Here are some tips to help you qualify for low-interest mortgage rates:

  • Get a loan with low fees. You should know that most mortgages have a separate charge that is different from the repayments and rates. Such fees sometimes are not included in most online loan comparison websites. Contact the company to be sure you have full information about one-time fees like application or origination fee as these may be expensive. Compare with other ongoing fees to be sure it does not cost you more in the long run.
  • Should you avoid fees at all costs? You do not always need to avoid fees. To know the amount that a loan will cost you, you should do the calculations and consider the benefits as well as the charges involved. If you discover that a mortgage loan has features that benefit you, it is justifiable to pay a small ongoing fee.
  • Save up a healthy down payment. It is worth noting that you are likely to borrow less to cover your home's purchase price if you have a substantial down payment. It is better to save enough funds towards your down payment.

Speak to your financial advisor or planner to know how to be pre-approved for the best mortgage rates before you start your house search.




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Posted by Joe Kulle and Katie Riley on 9/21/2019

This Single-Family in Marshfield, MA recently sold for $290,000. This Ranch style home was sold by Joe Kulle and Katie Riley - Heritage Homes Real Estate.


221 Bay Ave, Marshfield, MA 02050

Single-Family

$325,900
Price
$290,000
Sale Price

2
Rooms
1
Beds
1
Baths
Once in a lifetime opportunity is yours to own this simple open concept beach cottage located on Bay Ave.. Perfect for 2, your back yard is the Cut River/Green Harbor where your boat awaits you on your own private mooring. All updates include new roof, siding, insulation, all electric wiring and box and total interior. Watch sunsets from the rear deck or catch the ocean breeze from the front brick patio, steps away from the beach. Great rental potential and no yard maintenance. This is a MUST SEE inside home and with summer upon us know if the time to buy. Easy to show! New Roof, siding and PVC Trim. All Furniture goes with the sale, all you need to do is show up and enjoy! Check out the attached plat plan you will own into the river with a mooring!

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Categories: Sold Homes  


Posted by Joe Kulle and Katie Riley on 9/20/2019

Great starter home and with a little elbow grease and love you truly will have a beautiful home. Nice open floor concept giving you that airy feeling. Enjoy the over-sized single stall garage. This is a short sale and will need Bank approval. *** Sale subject to buyer pays a premium of $7,500 over & above the purchase price for the short sale negotiations. The premium is a non finance-able charge and is due at closing.*** No Showings until open house and that is to TBD during next week!. Rehab money is available call for details.

More Info on this Property | New Listing Alerts





Posted by Joe Kulle and Katie Riley on 9/19/2019


832 Central Street, East Bridgewater, MA 02333

Single-Family

$279,900
Price

5
Rooms
3
Beds
1
Baths
Great starter home and with a little elbow grease and love you truly will have a beautiful home. Nice open floor concept giving you that airy feeling. Enjoy the over-sized single stall garage. This is a short sale and will need Bank approval. *** Sale subject to buyer pays a premium of $7,500 over & above the purchase price for the short sale negotiations. The premium is a non finance-able charge and is due at closing.*** No Showings until open house and that is to TBD during next week!. Rehab money is available call for details.
Open House
No scheduled Open Houses

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Categories: New Homes  


Posted by Joe Kulle and Katie Riley on 9/15/2019

Believe it or not, getting pre-approved for a mortgage can be quick and simple, even for a first-time homebuyer. In fact, here are three tips to help a first-time homebuyer streamline the process of receiving pre-approval for a mortgage:

1. Meet with Several Lenders

Many mortgage lenders are available in cities and towns nationwide. Meanwhile, these mortgage experts are happy to teach first-time homebuyers about assorted mortgage options and help them get pre-approved for a mortgage.

Set up face-to-face meetings with various lenders in your area. That way, a first-time homebuyer can gain unparalleled insights into a wide range of mortgage options.

In addition, don't hesitate to ask questions during meetings with banks and credit unions. Mortgage lenders possess comprehensive mortgage expertise, and as such, a first-time homebuyer can rely on these mortgage professionals to receive the support that he or she needs to make an informed decision.

2. Understand Your Credit Score

Do you know your credit score? Ultimately, a first-time homebuyer's credit score may dictate his or her ability to obtain the ideal mortgage.

An individual can request a free copy of his or her credit report from each of the three major credit reporting agencies (Equifax, Experian and TransUnion) once a year. This report may prove to be exceedingly valuable, as it can help a homebuyer identify opportunities to improve his or her credit score before a mortgage application is submitted.

Also, if you identify errors in your credit report, it is paramount to contact the agency that provided the report immediately. This will allow you to correct any potential errors quickly and ensure that they won't affect your ability to get the best possible mortgage.

3. Consider Your Homebuying Budget

A first-time homebuyer may have lofty expectations prior to entering the real estate market. However, this individual should consider his or her finances before submitting a mortgage application.

With a budget in hand, a homebuyer can establish realistic expectations as he or she tries to get pre-approved for a mortgage. Plus, this homebuyer may be better equipped than others to obtain pre-approval for a mortgage and accelerate his or her search for the perfect residence.

Lastly, it may be worthwhile for a first-time homebuyer to meet with a real estate agent to learn more about assorted mortgage options.

A real estate agent understands the challenges associated with purchasing a house for the first time. As a result, this housing market professional can teach a homebuyer about all aspects of the property buying journey and help this buyer plan accordingly.

Perhaps best of all, a real estate agent can set up home showings, keep a homebuyer up to date about new residences as they become available and negotiate with a home seller on a buyer's behalf. This housing market professional will even provide honest, unbiased homebuying recommendations to make it easy for a property buyer to acquire a top-notch residence at a budget-friendly price.

Move one step closer to purchasing your dream house use the aforementioned tips, and a first-time homebuyer can speed up the process of getting pre-approved for a mortgage.




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