Steve Casey
RE/MAX Real Estate Center | 508-341-4464 | stcreal@aol.com


Posted by Steve Casey on 11/20/2017

Buying a home should be simple. Unfortunately, purchasing a residence can become complicated quickly, especially if you fail to consider the immediate and long-term costs associated with a house.

Ultimately, there are many hidden expenses that a homebuyer needs to consider before he or she purchases a house, including:

1. Utilities

Heating and cooling costs, water fees, electricity expenses and other utility bills may prove to be overwhelming if you're not careful. Fortunately, if you learn about various utility costs now, you may be better equipped to keep your utility bills in check at your new residence.

Ask your real estate agent for information about a home seller's utility bills. By doing so, you can get a better idea about how much your utilities may cost if you decide to purchase a particular residence.

Also, if you plan ahead for your utility bills, you can budget accordingly. Keep in mind that utilities are essential in any home. As such, you'll need to account for these costs in addition to your monthly mortgage payments, regardless of the home you buy.

2. Commuting

If you're moving to a new city or town, you'll want to consider how your move may impact your daily commute to work, school or any other locations that you visit regularly.

Consider a home's proximity to highways. If you move to a house that is located near a major highway, you may encounter heavy traffic at various points throughout the day, resulting in a lengthy commute.

Also, find out whether public transportation is available near your new home. In some instances, you may be able to take advantage of buses, trains and other public transportation options to get where you need to go without delay.

3. Home Upgrades

Although a home may appear to be a dream come true, there are problems beneath a house's exterior that could bubble to the surface after you complete your purchase. Thus, you may want to put aside money for home upgrades that may be necessary in the near future.

For example, an older home may require a new hot water heater and furnace soon. And if you start saving for a new hot water heater and furnace today, you may be able to replace them before it's too late.

A home inspector can help you identify home problems. This professional will conduct an in-depth review of a residence and provide honest feedback about any problems that could escalate quickly.

After a home inspection, you can always ask the home seller to perform the necessary repairs, or you can walk away from a home offer. On the other hand, you can keep your current home offer, move forward with your home purchase and complete the upgrades on your own.

When it comes to planning ahead for hidden home expenses, a real estate agent can point you in the right direction. Your real estate agent is happy to respond to your homebuying concerns and questions and will do everything possible to ensure you are fully satisfied with any residence you purchase.




Categories: Uncategorized  


Posted by Steve Casey on 11/16/2017

This Land in Petersham, MA recently sold for $21,000. This style home was sold by Steve Casey - RE/MAX Real Estate Center.


Lot B Nichewaug Rd, Petersham, MA 01366

Land

$21,000
Price
$21,000
Sale Price

3.46
Acres
Residential
Land Type
Beautiful, private 3.75 acre building lot. Percs in hand. House plan included along with all engineering drawings. Just apply for permit. Ready to go.






Tags: Real Estate   Petersham   01366   Land  
Categories: Sold Homes  


Posted by Steve Casey on 11/14/2017

The kitchen. Itís one of the most used rooms of the house, yet somehow becomes one of the most disorganized. If youíre tired of digging past ten spatulas to find the potato peeler keep reading. Below are some tips on how to organize your kitchen and keep it that way! Start by making a bigger mess. Yes, clean everything out of the drawers and cupboards. You may want to include clearing out pantry items as well if itís been awhile since youíve done so. Check expiration dates on everything as sometimes items have a way of getting pushed to the back of a cupboard to be forgotten for years. Sort through your items and determine what can be kept, donated or tossed out. Create categories for the items you are keeping. Think baking, cooking, seasonal, often used, least used, etc. By sorting everything out into categories now, you will know what type of storage solutions and where the best place to store them is later. Find storage solutions that work. Whether you have items laying around the house you can use or need to invest in some, the best way to stay organized is to create a system that assigns a home for every single item you own. Junk drawers are born from items not having a dedicated place. Be proactive in preventing the dreaded junk drawer by finding an organization solution that includes a spot for everything. Some organization items to consider are lazy susans for spices and other pantry items, hooks to hang mugs, a stemware rack for wine glasses, a rack hang pots and pans from the ceiling, hooks on the insides of cabinet doors for pot holders or measuring cups, a spice rack installed on a cabinet door, and drawer dividers for utensils. Keep your most used items within reach. Avoid digging through cupboards and drawers on a daily basis by keeping your most used items front and center. In cabinets store your most used items on lower shelves while placing the ones you use less often on top shelves. Place your go-to cooking utensils in a vase or other type of decorative container on the counter next to the stove. You should also consider keeping pots, pans, and other cooking items close to the stove to keep them within arms reach when you are cooking. Extra Tips for the Go-Getters. Organize plastic ware with their lids. Better yet invest in a set that comes with snap-together lids or a large matching set so you arenít left trying to cram the wrong lid on a bowl for leftovers. Make the most of the empty space over your cabinets by adding shelves for extra storage. Add a lazy susan in your fridge to avoid items being pushed to the back and becoming long forgotten. Set up a station to sort typical kitchen papers like coupons, menus, and notepads. While we use our kitchen almost every day the clutter can build up and become overwhelming. With an action plan in hand and a few days dedicated to organizing the chaos you can have a cleaner, more organized kitchen before you know it!




Categories: Uncategorized  


Posted by Steve Casey on 11/14/2017

There are a number of programs, government-sponsored and otherwise, that are designed to help aspiring homeowners find and get approved for a mortgage that works for them.

Among these are first-time homeowner loans insured by the Housing and Urban Development Department, mortgages and loans insured by the USDA designed to help people living in urban and rural areas, and VA loans, sponsored by the U.S. Department of Veterans Affairs.


In todayís post, Iím going to give you a basic rundown of VA loans, who is eligible for them, and how to apply for one. That way youíll feel confident knowing youíre getting the best possible deal on your home mortgage.


What is a VA Loan?

VA loans can provide soon-to-be homeowners who have served their country with low-interest rates and no private mortgage insurance (PMI).

If youíre hoping to buy a home soon and donít have at least a 20% down payment, you typically have to take out private mortgage insurance. This means paying an extra insurance bill on top of your monthly mortgage payments. The downside of PMI is that it never turns into equity that you can then use when you decide to move again or sell your home.

Loans that are guaranteed by the VA donít require PMI because the bank knows your loan is a safer investment than if it wasnít guaranteed

VA loans may also help you secure a lower interest rate, or give you some negotiating power when it comes to discussing your interest rate.

Finally, VA loans set limits on the number of closing costs you can pay in your mortgage. And, if youíve ever bought a home before, youíll know how quickly closing costs can add up.

Who is eligible?

There are some common misconceptions about who can apply for a VA loan? So, weíll cover all the bases of eligibility.

If you meet one of the following criteria, you may be eligible for a VA loan:


  • Youíve served 90 consecutive days during wartime

  • Youíve served 181 days during peacetime

  • Youíve served six or more years in the Reserves or National Guard

  • Your spouse died due to their work in the military

There are some restrictions to these eligibilities. For example, your chosen lender may still have credit score minimums.

Applying for a VA Loan

There are two main steps for applying for a VA Loan. First, youíll have to ensure your eligibility. You can do this by checking the VAís official website. Be sure to call them with any questions you may have.

Next, youíll need a certificate of eligibility. The easiest way to acquire one is through your chosen lender.  If you havenít chosen a lender, you can also apply online through the eBenefits portal, or by mailing in a paper application.

Once you have a certificate, you can apply for your mortgage and youíll be on your way to buying a home.





Posted by Steve Casey on 11/13/2017

Buying a home is a very detail-oriented process, and there's a lot of important things you can overlook if you're not organized.

Home buyers generally have the opportunity to do a last-minute inspection of the premises to make sure everything's up to standards prior to closing on the property.

A real estate buyer's agent can accompany you on the final inspection or provide you with advice on what to look for.

If you've already visited the home a couple times and had the house professionally inspected, you're probably well-acquainted with any major malfunctions, flaws, or repair issues. In many cases, home buyers may reach an agreement with the seller to fix, replace, or make allowances for mechanical or cosmetic problems. While real estate negotiations and sales agreements are as varied as the people and properties involved, there are typically dozens of things buyers need to check on before they sign the final documents and accept ownership of the property.

Final Walkthrough Tips

As you're doing the final walk-through of the house, it's necessary to remember or have notes on the condition of the home when you last looked at it. You'll also want to have a clear idea of what appliances, fixtures, and window treatments are supposed to be remain in the house after it's been vacated by the seller. Depending on how close your final walk-through is to the actual closing, that has probably already happened.

If there's anything missing that the seller agreed to include in the sale, then that's an issue you'll want to discuss with your real estate agent or attorney. Any property damage that may have resulted from moving furniture and other belongings should also be discussed before final papers are signed. The same thing would apply to landscaping changes that appear to be inconsistent with the sales agreement. Your buyer's agent and/or lawyer can serve as intermediary in getting these issues clarified and ironed out.

To make sure your final inspection is thorough, it's a good idea to have a "final walk-through checklist" to help keep you organized and focused. You'll want to take a last-minute inventory of items that are supposed to be included with the property sale, such as appliances, lighting fixtures, furnishings, window treatments, children's play structures, hot tubs, and anything else that was agreed to in the sales contract.

Other items you'll need access to may include garage door openers, manuals for appliances and mechanical systems, warranties, invoices for repairs made, and remote control devices for things like ceiling fans, alarms, and other systems.

Your checklist and final walkthrough should focus on a variety of items, including the working condition of appliances, the electrical system, plumbing fixtures, and the condition of walls, floors, ceilings, doors, windows, and landscaping features. For a complete checklist, look online or consult your real estate agent.